M&A Research Institute Holdings Inc. (9552) AI Stock Analysis

• Market Cap: ¥59.84B
• Dividend Yield: N/A
• Average Volume (3M): 273.35K
• Price to Earnings (P/E): 20.2
• Beta (1Y): 1.59
• Revenue Growth: 0.32%
• EPS Growth: -48.88%
• Country: JP
• Employees: 456
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 17.64
• Shares Outstanding: 54,101,334
• 10 Day Avg. Volume: 273,450
• 30 Day Avg. Volume: 273,353
• PEG Ratio: 0.26
• Price to Book (P/B): 19.39
• Price to Sales (P/S): 10.57
• P/FCF Ratio: 32.85
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥1,419.00 ▲(27.04% Upside)

M&A Research Institute Holdings Inc. receives a strong overall score driven by its impressive financial performance, characterized by robust revenue growth and profitability. However, technical indicators suggest potential short-term weakness, and the lack of cash flow transparency poses a risk. The valuation is moderate, with no dividend yield to attract income investors.

M&A Research Institute Holdings Inc. Business Overview & Revenue Model

Company Description

M&A Research Institute Holdings Inc. (9552) is a company specializing in providing research and analytical services in the field of mergers and acquisitions (M&A). The company operates primarily in the financial services sector, focusing on delivering insights and data-driven analysis to facilitate informed decision-making for businesses involved in M&A transactions. Its core offerings include market research reports, due diligence services, and advisory solutions aimed at enhancing the strategic planning capabilities of its clients.

How the Company Makes Money

M&A Research Institute Holdings Inc. generates revenue through various streams related to its research and consultancy services. Key revenue sources include fees for bespoke research projects, subscriptions to market analysis reports, and advisory fees for consulting on M&A transactions. The firm may also earn income from partnerships with financial institutions and corporate clients who leverage its expertise for strategic insights. Additionally, the company may engage in training programs and workshops, further diversifying its revenue model. The strength of its brand and reputation in the M&A research space also plays a significant role in attracting clients and sustaining its financial performance.

M&A Research Institute Holdings Inc. Financial Statement Overview

Summary

M&A Research Institute Holdings Inc. shows strong financial performance with significant revenue growth and robust profitability. The balance sheet is healthy with low leverage and a high equity ratio. However, the lack of detailed cash flow data raises concerns about cash flow stability.

Income Statement

M&A Research Institute Holdings Inc. demonstrates impressive revenue growth with a TTM revenue of ¥15.8 billion, up significantly from ¥3.9 billion in 2022. The company maintains strong margins, with a TTM gross profit margin of 67.6% and a net profit margin of 29.7%. These figures indicate robust profitability and effective cost management.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.005 and a high equity ratio of 82.1%. This indicates low leverage and a solid equity base. Despite this, the company's total liabilities have increased, which should be monitored for potential risk.

Cash Flow

Cash flow analysis shows a strong free cash flow position, but there is zero operating and investing cash flow reported for TTM, which raises concerns about cash flow stability. Historical free cash flow growth has been solid, but the current reporting period lacks clarity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.38B	16.55B	8.64B	3.91B	1.33B	376.03M
Gross Profit	9.43B	12.02B	6.59B	3.11B	1.03B	259.18M
EBITDA	4.70B	8.46B	4.51B	2.10B	563.14M	6.70M
Net Income	3.20B	5.79B	2.65B	1.33B	368.16M	4.25M
Balance Sheet
Total Assets	8.49B	12.00B	8.33B	4.23B	1.35B	617.87M
Cash, Cash Equivalents and Short-Term Investments	4.95B	10.17B	7.43B	3.98B	1.18B	555.97M
Total Debt	34.19M	58.76M	101.71M	136.30M	150.06M	145.00M
Total Liabilities	1.40B	2.98B	2.73B	1.30B	575.81M	208.26M
Stockholders Equity	7.09B	9.02B	5.60B	2.93B	777.77M	409.61M
Cash Flow
Free Cash Flow	0.00	5.32B	3.90B	2.06B	653.47M	12.04M
Operating Cash Flow	0.00	5.48B	3.96B	2.08B	678.97M	15.88M
Investing Cash Flow	0.00	-308.34M	-400.20M	-79.29M	-57.29M	-34.29M
Financing Cash Flow	0.00	-2.43B	-110.48M	804.89M	-347.00K	443.92M

M&A Research Institute Holdings Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1117.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9552, the sentiment is Positive. The current price of 1117 is below the 20-day moving average (MA) of 1150.80, below the 50-day MA of 1266.48, and below the 200-day MA of 1351.52, indicating a neutral trend. The MACD of -27.26 indicates Negative momentum. The RSI at 59.64 is Neutral, neither overbought nor oversold. The STOCH value of 38.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9552.

M&A Research Institute Holdings Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6196	―	¥77.99B	17.67	―	4.38%	7.47%	-13.24%
2127	―	$262.69B	21.71	27.55%	3.83%	10.37%	18.68%
6080	―	¥101.79B	15.77	―	1.62%	45.99%	118.47%
9552	―	¥59.84B	20.16	―	―	0.32%	-48.88%
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

M&A Research Institute Holdings Inc. Corporate Events

M&A Research Institute Holdings Inc. Reports Fiscal Year 2025 Results and Positive Outlook

M&A Research Institute Holdings Inc. reported a challenging fiscal year ending September 2025, with a slight increase in net sales but significant declines in operating and ordinary profits, as well as profit attributable to owners of the parent. Despite these setbacks, the company has revised its year-end dividend per share from 0.00 yen to 5.00 yen, indicating a commitment to shareholder returns. The company is also forecasting a positive outlook for the next fiscal year with expected growth in net sales and profits, driven by strategic expansions and new inclusions in its operations.

The most recent analyst rating on (JP:9552) stock is a Hold with a Yen1184.00 price target. To see the full list of analyst forecasts on M&A Research Institute Holdings Inc. stock, see the JP:9552 Stock Forecast page.

M&A Research Institute Reports Extraordinary Losses Amid Strategic Investments

M&A Research Institute Holdings Inc. has reported extraordinary losses in its non-consolidated financial results for the fiscal year ending September 2025, due to a provision for allowance for doubtful accounts and a loss on valuation of shares of its affiliate, Quants Consulting, Inc. Despite these accounting losses, the company emphasizes that there is no material impact on the affiliate’s operations and continues to prioritize strategic investments for future growth, maintaining a focus on enhancing corporate value and sustainable profit growth over the medium to long term.

The most recent analyst rating on (JP:9552) stock is a Hold with a Yen1184.00 price target. To see the full list of analyst forecasts on M&A Research Institute Holdings Inc. stock, see the JP:9552 Stock Forecast page.

M&A Research Institute Holdings Inc. Adopts IFRS for Enhanced Financial Transparency

M&A Research Institute Holdings Inc. has announced its decision to voluntarily adopt the International Financial Reporting Standards (IFRS) for its consolidated financial statements, replacing the current Japanese GAAP. This strategic move aims to enhance the international comparability of its financial information, potentially improving its global market positioning and offering greater transparency for stakeholders.

The most recent analyst rating on (JP:9552) stock is a Hold with a Yen1184.00 price target. To see the full list of analyst forecasts on M&A Research Institute Holdings Inc. stock, see the JP:9552 Stock Forecast page.

M&A Research Institute Announces First Dividend Distribution

M&A Research Institute Holdings Inc. has announced its first-ever dividend distribution from retained earnings, marking a significant shift in its financial strategy. This decision reflects the company’s strengthened financial base and stable cash flow, aiming to enhance stock value and shareholder stability while balancing growth investments and shareholder returns.

The most recent analyst rating on (JP:9552) stock is a Hold with a Yen1184.00 price target. To see the full list of analyst forecasts on M&A Research Institute Holdings Inc. stock, see the JP:9552 Stock Forecast page.

M&A Research Institute Holdings Inc. Announces Executive Changes to Drive Growth

M&A Research Institute Holdings Inc. announced a change in its executive team, appointing Hiroki Kagami as the new CFO, effective October 1, 2025. This change is part of the company’s strategy to accelerate growth and enhance governance, with former CFO Hikaru Ogino transitioning to lead the Internal Audit Office to bolster the company’s governance framework.

The most recent analyst rating on (JP:9552) stock is a Buy with a Yen1512.00 price target. To see the full list of analyst forecasts on M&A Research Institute Holdings Inc. stock, see the JP:9552 Stock Forecast page.

M&A Research Institute Holdings Cancels Treasury Shares

M&A Research Institute Holdings Inc. has announced the cancellation of 5,211,458 treasury shares, which constitutes 8.79% of its total issued shares. This strategic move, scheduled for September 26, 2025, will reduce the company’s total issued shares to 54,101,335, potentially enhancing shareholder value and optimizing the company’s capital structure.

The most recent analyst rating on (JP:9552) stock is a Buy with a Yen1512.00 price target. To see the full list of analyst forecasts on M&A Research Institute Holdings Inc. stock, see the JP:9552 Stock Forecast page.

M&A Research Institute Holdings Inc. Executes Share Repurchase

M&A Research Institute Holdings Inc. has repurchased 1,267,500 of its own common shares for 1,652,415,800 yen through market purchases on the Tokyo Stock Exchange during July 2025. This repurchase is part of a broader initiative approved by the Board of Directors to buy back up to 7,500,000 shares, indicating a strategic move to consolidate ownership and potentially enhance shareholder value.

The most recent analyst rating on (JP:9552) stock is a Buy with a Yen6300.00 price target. To see the full list of analyst forecasts on M&A Research Institute Holdings Inc. stock, see the JP:9552 Stock Forecast page.