Miroku Jyoho Service Co., Ltd. (JP:9928)
:9928
Want to see JP:9928 full AI Analyst Report?
Top Page
Miroku Jyoho Service Co., Ltd.
(9928)
Select Model
Select Model
Rating:69Neutral
Price Target:
¥1,872.00
▲(5.11% Upside)
Action:Downgraded
Date:05/17/26
The score is driven primarily by strong financial quality (steady growth, solid margins, and a conservatively leveraged balance sheet) and favorable valuation (low P/E and meaningful dividend yield). These positives are partially offset by weak technical signals, with the stock trading below key moving averages and showing negative momentum.
Positive Factors
Conservative balance sheet
Materially lower leverage (debt-to-equity ~0.16 in 2026) signals financial flexibility and lower default risk. This durable strength supports capital allocation for system maintenance, selective investment or buffering in downturns, preserving operating continuity for customers.
Negative Factors
Free cash flow volatility
Intermittent declines in free cash flow undermine consistency of internally funded investments and distributions. Volatility suggests working-capital timing or project phasing risks that can impair the predictability of cash available for long-term R&D or strategic initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Materially lower leverage (debt-to-equity ~0.16 in 2026) signals financial flexibility and lower default risk. This durable strength supports capital allocation for system maintenance, selective investment or buffering in downturns, preserving operating continuity for customers.
Read all positive factors
Miroku Jyoho Service Co., Ltd. (9928) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥47.76B
Dividend Yield2.81%
Average Volume (3M)28.98K
Price to Earnings (P/E)9.6
Beta (1Y)0.59
Revenue Growth5.99%
EPS Growth23.34%
CountryJP
Employees2,168
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)138.92
Shares Outstanding32,306,286
10 Day Avg. Volume33,180
30 Day Avg. Volume28,980
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)1.56
Price to Sales (P/S)1.06
P/FCF Ratio9.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)167
Revenue Forecast (FY)¥51.10B
Miroku Jyoho Service Co., Ltd. Business Overview & Revenue Model
Company Description
Miroku Jyoho Service Co., Ltd. provides systems and solutions to tax accounting and CPA firms, and their client companies, and small/mid-sized companies in Japan. It offers IT and digital enterprise solutions in various areas, such as business man...
How the Company Makes Money
null...
Miroku Jyoho Service Co., Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
84
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.57B | 48.93B | 46.16B | 43.97B | 41.46B | 36.60B |
| Gross Profit | 27.88B | 29.65B | 27.88B | 26.80B | 25.60B | 22.61B |
| EBITDA | 8.20B | 8.52B | 8.44B | 8.77B | 9.55B | 7.09B |
| Net Income | 4.16B | 5.41B | 4.38B | 4.24B | 3.77B | 4.52B |
Balance Sheet | ||||||
| Total Assets | 44.48B | 48.76B | 45.49B | 46.30B | 46.29B | 44.11B |
| Cash, Cash Equivalents and Short-Term Investments | 14.27B | 14.38B | 16.72B | 18.99B | 19.85B | 17.26B |
| Total Debt | 5.93B | 5.45B | 6.38B | 9.33B | 12.03B | 10.71B |
| Total Liabilities | 15.55B | 15.38B | 15.85B | 19.11B | 21.51B | 21.48B |
| Stockholders Equity | 28.63B | 33.14B | 29.28B | 26.71B | 24.28B | 22.19B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.70B | 5.86B | 6.15B | 6.88B | 5.94B |
| Operating Cash Flow | 0.00 | 6.55B | 6.33B | 6.54B | 7.18B | 6.23B |
| Investing Cash Flow | 0.00 | -5.71B | -4.41B | -3.63B | -2.88B | -1.53B |
| Financing Cash Flow | 0.00 | -2.58B | -4.44B | -4.10B | -1.77B | -5.67B |
Miroku Jyoho Service Co., Ltd. Technical Analysis
Negative
1781.00
Price Trends
1730.45
Negative
1781.42
Negative
1785.29
Negative
Market Momentum
-14.99
Positive
47.47
Neutral
51.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9928, the sentiment is Negative. The current price of 1781 is above the 20-day moving average (MA) of 1745.10, above the 50-day MA of 1730.45, and below the 200-day MA of 1785.29, indicating a bearish trend. The MACD of -14.99 indicates Positive momentum. The RSI at 47.47 is Neutral, neither overbought nor oversold. The STOCH value of 51.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9928.
Miroku Jyoho Service Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥64.20B | 14.86 | 13.96% | 2.16% | 13.15% | 2.96% | |
77 Outperform | ¥68.08B | 14.80 | 31.71% | 1.68% | 17.64% | 47.00% | |
70 Outperform | ¥22.02B | 7.22 | ― | 4.58% | 6.58% | 35.23% | |
69 Neutral | ¥47.76B | 9.57 | ― | 2.81% | 5.99% | 23.34% | |
66 Neutral | ¥42.27B | 18.56 | ― | 1.50% | 10.69% | 6.99% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ¥6.16B | 20.75 | ― | ― | 18.87% | ― |
* Technology Sector Average
JP:9928
Miroku Jyoho Service Co., Ltd.
1,786.00
37.29
2.13%
JP:9790
Fukui Computer Holdings
3,255.00
313.88
10.67%
JP:4828
Business Engineering Corporation
1,207.00
388.80
47.52%
JP:4323
Japan System Techniques Co., Ltd.
1,712.00
-83.73
-4.66%
JP:4397
TeamSpirit, Inc.
379.00
-57.00
-13.07%
JP:9629
PCA Corporation
1,205.00
-463.69
-27.79%
Miroku Jyoho Service Co., Ltd. Corporate Events
Miroku Jyoho Service Taps CTO Takashi Yasukouchi as New Director
May 15, 2026
Miroku Jyoho Service announced changes to its board of directors, proposing the appointment of Managing Executive Officer and Chief Technology Officer Takashi Yasukouchi as a new director, with formal approval scheduled at the 49th Ordinary Genera...
Miroku Jyoho Service Delivers Strong FY2026 Earnings and Raises Dividend, But Sees Profit Dip Ahead
May 15, 2026
Miroku Jyoho Service reported consolidated net sales of ¥48.9 billion for the year ended March 31, 2026, up 6.0% year on year, with operating profit rising 6.2% to ¥6.68 billion and profit attributable to owners of parent jumping 23.4% t...
Miroku Jyoho Service Reshapes Organization and Leadership to Drive Cloud ERP and Regional Growth
Mar 30, 2026
Miroku Jyoho Service Co., Ltd. will overhaul its organizational structure effective April 1, 2026, creating three main headquarters, four corporate offices and a Tax and Accounting Research Institute to sharpen its focus on sales, product developm...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.