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MIRAITSE:3476 -0.12%61 5-Year Yield-on-Cost % is 5.78 as of Aug. 05, 2026, which is 16% above its 10-year median of 4.97. GuruFocus rates TSE:3476 with a GF Score™ of 61/100 and a GF Value™ of 円42,462.08 (Fairly Valued). The stock has 8 warning signs investors should review. Among 858 REITs companies, MIRAI ranks worse than 66.55% on this metric.
MIRAI's yield on cost for the quarter that ended in Apr. 2026 was 5.78.
The historical rank and industry rank for MIRAI's 5-Year Yield-on-Cost % or its related term are showing as below:
TSE:3476'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.86 Med: 4.97 Max: 9.27
Current: 5.78
During the past 10 years, MIRAI's highest Yield on Cost was 9.27. The lowest was 3.86. And the median was 4.97.
TSE:3476's 5-Year Yield-on-Cost % is ranked worse than 66.55% of 858
companies
in the REITs industry
Industry Median: 7.325
vs TSE:3476: 5.78
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
MIRAI 5-Year Yield-on-Cost % Related Terms
TSE:3476 vs VICI, WPC: 5-Year Yield-on-Cost % Comparison
For the REIT - Diversified subindustry, MIRAI's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MIRAI 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, MIRAI's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where MIRAI's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of MIRAI is calculated as
MIRAI (TSE:3476) has a 5-Year Yield-on-Cost % of 5.78 as of Aug. 05, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on MIRAI and its competitors. This is 16% above median its historical median of 4.97. Over the past decade, MIRAI's 5-Year Yield-on-Cost % has ranged from 3.86 to 9.27. According to the industry distribution chart, MIRAI ranks #571 out of 858 companies in the REITs industry, placing it in the top 66.6%.
Is MIRAI's 5-Year Yield-on-Cost % too high?
MIRAI's current 5-Year Yield-on-Cost % of 5.78 is 16% above median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 9.27. The REITs industry median 5-Year Yield-on-Cost % is 7.33. MIRAI's value of 5.78 is 21.1% below this industry median. Based on the distribution chart, MIRAI ranks #571 out of 858 companies in the REITs industry, which is below the industry midpoint. Overall, MIRAI has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MIRAI's 5-Year Yield-on-Cost % compare to VICI and WPC?
According to the REITs industry distribution chart, MIRAI ranks #571 out of 858 companies for 5-Year Yield-on-Cost %. This places MIRAI in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 7.33. MIRAI's value of 5.78 is 21.1% below this benchmark. Historically, MIRAI's own 5-Year Yield-on-Cost % has ranged from 3.86 to 9.27 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 7.33, MIRAI has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.33, based on 858 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MIRAI's current 5-Year Yield-on-Cost % of 5.78 is 21.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on MIRAI and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIRAI's current 5-Year Yield-on-Cost % is 5.78, which is 16% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRAI stock overvalued right now?
Based on GuruFocus' analysis, MIRAI (TSE:3476) is currently considered Fairly Valued. The stock's GF Value™ is 円42,462.08, compared to a current price of 円40,600.00 — trading 4.4% below its estimated fair value. The current 5-Year Yield-on-Cost % is 5.78, which is 16% above median its 10-year median of 4.97 and 21.1% below the REITs industry median of 7.33. MIRAI's overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For MIRAI (TSE:3476), the current 5-Year Yield-on-Cost % is 5.78 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MIRAI (TSE:3476) Overvalued in 2026?
Based on GuruFocus' analysis, MIRAI stock appears to be undervalued.
The current stock price of 円40,600.00 is trading 4.4% below its estimated GF Value™ of 円42,462.08.
GuruFocus considers MIRAI to be Fairly Valued.
Key valuation signals for TSE:3476:
5-Year Yield-on-Cost %: 5.78 (16% above median its 10-year median of 4.97)
GF Value™: 円42,462.08 vs. price of 円40,600.00 (4.4% below fair value)
Industry Position: 21.1% below the REITs median (#571 of 858)
No single metric tells the full story. See the TSE:3476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIRAI Corp is a Japanese real estate investment trust. The company invests in a diversified portfolio of real estate properties, including office buildings, retail properties, and hotels.
61GF Score
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