Komori
Mirarth Holdings (8897) · InitiativeDropped

Listing on the Infrastructure Fund Market

First written in FY2016. 6 of 10 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2025.

10entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2019AdvancedFY2020-Q2 – FY2023-Q3ReframedFY20232016: 120162017: 020172018: 020182019: 220192020: 120202021: 220212022: 120222023: 220232024: 020242025: 12025
Same theme, other companies
Listing on the infrastructure fund market and sale of holdingsA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025DroppedAnnual report

    「Takara Leben Infrastructure Fund and 3 other companies were excluded from the scope of consolidation from the current consolidated fiscal year because the Company's ownership interests were sold or otherwise disposed of.」

    The entities, including the infrastructure investment corporation, were excluded from the scope of consolidation following the sale or other disposal of ownership interests. The business progressed from owning and operating a listed infrastructure fund to a restructuring phase involving the sale of ownership interests.
  2. FY2023ReframedAnnual report

    「February 2023: Takara Leben Infrastructure Fund was delisted.」

    After acquiring a 91.37% interest through the tender offer and making the investment corporation a consolidated subsidiary, it was delisted in February 2023. Its position shifted from a listed infrastructure fund receiving sponsor support to being owned and operated within the group.
  3. FY2023-Q3AdvancedAnnual report

    「As a result of the tender offer, the Company made the target company a consolidated subsidiary effective 18 November 2022, the date on which settlement of the tender offer began.」

    The tender offer for Takara Leben Infrastructure Fund was completed, and it became a consolidated subsidiary effective 18 November 2022. The ownership interest after the acquisition was 91.37%, marking a shift from facility sales and sponsor support to effective control of the investment corporation.
  4. FY2023-Q2AdvancedAnnual report

    「As the total number of tendered share certificates and other securities, 252,935 units, exceeded the minimum number of units to be purchased, 179,219 units, all tendered share certificates and other securities will be purchased as stated in the public tender offer commencement announcement and the tender offer registration statement.」

    The tender offer for Takara Leben Infrastructure Fund was completed, with 252,935 units acquired and the ownership interest after the purchase reaching 91.37%. The business progressed from facility sales and sponsor support to owning a majority of the investment corporation.
  5. FY2022-Q2AdvancedAnnual report

    「On 9 November 2021, the Company and 勝浦興津ソーラー合同会社 entered into a sale and purchase agreement with Takara Leben Infrastructure Fund, Inc. for the transfer of a utility-scale solar power generation facility.」

    An agreement was entered into to transfer four mega-solar power generation facilities to the listed infrastructure fund. The total transfer price for the four properties was ¥18,400 million, and the transfer date was set as 1 December 2021. Asset transfers under the sponsor support agreement continue.
  6. FY2021AdvancedAnnual report

    「In the power generation business, revenue was ¥13,485 million, comprising proceeds from the sale of operating power generation facilities, including ¥5,953 million from the sale of facilities to Takara Leben Infrastructure Fund, and electricity sales income from other power generation facilities.」

    The sale of facilities to the listed infrastructure fund continued, and revenue including ¥5,953 million from facility sales was recorded for the fiscal year.
  7. FY2020AdvancedAnnual report

    「In the power generation business, record-high revenue was recorded, including ¥13,858 million from the sale of facilities to Takara Leben Infrastructure Fund.」

    The sale of power generation facilities to the listed infrastructure fund progressed from the contractual stage to completion, and ¥13,858 million in proceeds from the sale was recorded.
  8. FY2020-Q2AdvancedAnnual report

    「On 6 November 2019, the Company, Leben Solar Hiroshima Mihara GK and Leben Solar Chiba Sanmu GK entered into a sale and purchase agreement with Takara Leben Infrastructure Fund to transfer mega-solar power generation facilities.」

    As sponsor support and an asset transfer following the infrastructure fund's listing, an agreement was entered into to transfer six mega-solar power generation facilities for a total of ¥13,858 million. The transfer date was set as 2 December 2019.
  9. FY2019Cited as achievedAnnual report

    「Takara Leben Infrastructure Fund became the first listing on the infrastructure fund market.」

    The listing on the infrastructure fund market was reconfirmed as a past achievement in the company's history.
  10. FY2016First statedAnnual report

    「On 4 April 2016, approval for listing was obtained from Tokyo Stock Exchange, Inc., and the fund was listed on the infrastructure fund market on 2 June of the same year.」

    Established Takara Leben Infrastructure Fund and transferred 10 mega-solar properties it owned. The filed documents state that the listing was completed.
Moved together

"Stable Supply of Newly Built For-Sale Condominiums in the Tokyo Metropolitan Area" moved the same way as this thread, in the same document, in 7 of its 10 moves.

744443★123456
  1. ★This thread
  2. 1Stable Supply of Newly Built For-Sale Condominiums in the Tokyo Metropolitan Area7×
  3. 2Expansion of the Utility-Scale Solar Power Generation Business4×
  4. 3Diversification from Flow Revenue to Recurring Fee Revenue4×
  5. 4Real Estate Sales Business Turns Segment Profit Positive4×
  6. 5Expansion of the Property Renovation and Resale Business4×
  7. 6Linking Performance and Corporate Value through Stock-Compensation-Type Stock Options3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Mirarth Holdings yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Listing on the Infrastructure Fund Market | MIRARTH HOLDINGS,Inc. (8897) | Komori