Mirai Global Corp creates value through a persistent focus on relevance, operational agility, and excellence in execution. As a company, we continually evolve our product offerings to meet the needs of productive sectors and cater to their preferences. We strive for a balanced pursuit of financial growth through rapid innovation, operational efficiency, and resource allocation. Our long-term strategy ensures that we achieve consistent and sustainable success.
Creating value through our strategy
Generating value through our strategy
At a glance
Seriousness, commitment, loyalty, and transparency are good business
We focus our energy and resources where we can unlock the power of industrial sectors, making the greatest impact in business, protecting and enhancing the environment, and generating significant value for our partners and other stakeholders alike. Products that are suitable for both sectors and the planet are increasingly desirable and result in good business. They help us be a force for good. As a result, we also:
- Apply our expertise in international trade and its diverse markets, developed over more than 34 years by our team, to assist companies in experiencing a way of doing business with seriousness, commitment, loyalty, and transparency.
- Deliver safe and high-quality products and services to strategic sectors, collaborate with governments on projects that improve people’s lives, leveraging our long-term presence worldwide.
- Evolve by incorporating cutting-edge technology into our processes, allowing us to progress more efficiently toward our goals.
- Strive to maintain seriousness and commitment in all business projects we undertake and be transparent in their execution, becoming our hallmark.
- Bring distinctive and premium innovations to the market driven by creative exploration and knowledge of international markets, leading us to excellence.
- Commit to ambitious sustainability goals to promote the health of the planet, drive social progress, and support sustainable and healthy business systems.
Long-term values
Our long-term value creation model is based on the balanced pursuit of revenue and profit growth, as well as improved capital efficiency. We create value guided by three strategic pillars:
- Growth through continuous innovation.
- Operational efficiency.
- Disciplined resource and capital allocation with clear priorities, including through acquisitions and divestments.
Sustained sales growth.
We maintain a diversified portfolio, both in terms of geography and categories. Our agility and adaptability to changing environments, at the global, regional, and local levels, contribute to long-term financial performance. Our goal is to maintain a single-digit growth rate through rapid innovation, market share gains, and portfolio management.
We focus on categories and geographies with attractive dimensions where Mirai Global Corp. has the capability to win. Since 2019, D&D Mirai Trader, Co. Ltd. (Japan), we have announced or completed over 100 transactions, with our annual sales accounting for 22% of the corporation’s total sales in 2021.
We drive our growth agenda through disciplined cost management, improved operational efficiency at all levels of the business, along with sales growth. This approach allows us to free up resources for reinvestment, strategies, the establishment of new businesses, digitization, and sustainability initiatives, all while creating value for our business partners. Internal efficiency projects help us release resources for investments by optimizing our capabilities and enhancing the effectiveness and speed of our organization.
Operating more efficiently
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In 2023:
- We participate in photovoltaic energy projects in Honduras, Guatemala, and the Caribbean countries, both in the private and governmental sectors. Contributing through agreements reached with American Investment Funds, we provide financing for these projects, as well as the supply of necessary solar panels for their implementation. Additionally, we are involved in infrastructure projects aimed at countries and private entities.
- We established a company with a local focus, Mirai Services LLC, and two international companies, Mirai Global Finances LLC and Mirai Global Projects LLC.
- Our growth in sales and in the metals sector positions us as reliable suppliers of metals, particularly used scrap iron rails HS2 R50 and R65, as well as iron briquettes, from railway dismantling and the mining sector. We supply the global iron and steel industry with long-term supply contracts.
In 2022:
- Reinforcement of our presence and supply in Brazil, extended to the rest of Latin America, through Strategic Business Alliances.
- We have expanded our presence in the energy market with the supply of thermal coal type B and anthracite, thanks to agreements made with independent miners in Colombia and Peru. This has allowed us to obtain certification from state enterprises as reliable and trustworthy suppliers of this product.
- We have a presence in the oil and derivatives market with supply agreements with two of the top 5 Petrol groups in the world. These agreements cover the marketing of crude oil, Merey API16, fuels including Diesel EN590, D6, Jet A1, various types of gasoline, and all petroleum derivatives from different specified areas, through Incoterm- 2020 CIF – ASWP and FOB Houston. We also supply fertilizers such as Urea 46, DDP, NKP, etc., for agricultural use.
We have decided to explore strategic business options and, therefore, through this legal form, establish ourselves in the European and African markets through partnerships.
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We continue to adapt our organization to be more agile, flexible, and digitized. In our buying and selling procedures, we minimize existing intermediation, allowing us to significantly reduce expenses, both economic and operational, while improving costs and positioning our prices in the mid-to-low range compared to our competitors. Regarding our management, we continue to simplify and standardize processes.
As a percentage of sales, based on a 5-quarter average, working capital increased to 1.9% in the first quarter of 2023, due to our conscious decision to temporarily raise investment levels. This decision, made in the context of key supply chain integrations and the energy crisis in Europe, reflects our commitment to ensuring continuity of supply to our customers and partners.
Prudent allocation of capital
Our priorities include investing in the long-term growth and development of our business while increasing returns and creating shared value. Mirai Global Corp pursues a value creation model that balances earnings growth per enterprise, competitive parent returns, flexibility for external growth, and access to financial markets.
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We will continue to invest to drive the growth of the corporate brand, innovation, digitization, and sustainability.
Long-term investment includes R&D investment, support for the corporate brand, and capital expenditure to support profitable growth. We focus on projects with the highest potential to generate economic benefits. We are accelerating capital spending for our fast-growing businesses. We are disciplined when it comes to mergers and acquisitions to protect our return on investment. We have comprehensive project governance, with clear accountability and objectives. Potential acquisitions must have a good strategic and cultural fit with our organization and offer attractive financial returns. We will look for creative ways to structure transactions and build partnerships that enhance our strategic options.
We have demonstrated our commitment to maintaining a high level of reinvestment in the business while continuously increasing capital returns.
Investing in strategic and high-growth regions and categories
🇺🇸 $3,250,000 dollars
$3,250,000 dollars for a new headquarters facility of Mirai Global Corp. in Florida (FL).
Strategic Commercial Alliance with IMAGIO ENTERPRISES Inc.
🇲🇽 Metal quota with the second metallurgical company in Mexico.”
🇪🇺 Strategic commercial alliance with two European companies.
Creating Shared Value: The way we operate
We build for the long term, act with focus, and combine global resources with local insights to create value for both society and our partners on a meaningful scale. We do this because we believe that businesses should act as a force for good.
Mirai Global Corp. continues to fulfill our commitment to conduct business in a way that creates shared value, as illustrated by the progress towards building strong relationships with associates, clients, and suppliers.