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

JP:9552

M&A Research Institute Holdings Inc.

(TSE/TYO:9552)

Select Model
Rating:69Neutral
Price Target:JPY 1,117.00â–²(7.92% Upside)
Action:reiterated
Date:09/06/26

The overall score reflects a company with exceptional top-line momentum and a pristine balance sheet, which is significantly tarnished by a critical cash flow shortfall. Strong technical trends provide near-term support, but the sustainability of earnings is questionable given the weak cash conversion. The fair valuation partially mitigates these risks.

Positive Factors
Revenue and ProfitabilityThe company combines continued revenue expansion with healthy gross and net margins, indicating a profitable operating model rather than growth without earnings. This supports reinvestment, resilience, and the ability to build earnings over the next several quarters.
Negative Factors
Margin CompressionDeclining margins indicate that the company is retaining less profit from each unit of revenue than in prior periods. If this persists, cost pressures or competition could limit earnings growth even while the business continues expanding.

M&A Research Institute Holdings Inc. (9552) vs. iShares MSCI Japan ETF (EWJ)

-60%-40%-20%0%20%40%JP:9552-20.38%EWJ+16.91%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 52.47B
Dividend Yield
0.49%
Average Volume (3M)
311.53K
Price to Earnings (P/E)
15.6
Beta (1Y)
1.15
Revenue Growth
36.14%
EPS Growth
21.97%
Country
Japan
Employees
690
Sector
Financial
Sector Strength
68
Industry
Investment - Banking & Investment Services

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

Company Description

Quants Research Institute Holdings, Inc. operates within Japan, specializing in both mergers and acquisitions (M&A) advisory and media services. The company provides expert M&A guidance, alongside managing a dedicated M&A research portal and a specia...

How the Company Makes Money

The company primarily makes money by earning fees for successfully arranging and executing M&A transactions. Its core revenue stream is success-based compensation paid when an M&A deal closes (often calculated based on the transaction value or other...

M&A Research Institute Holdings Inc. Financial Statement Overview

Summary

Explosive revenue growth (+798% YoY) and a fortress balance sheet (Equity Ratio 72.9%, D/E 0.006) are offset by severe cash flow deterioration (FCF -84% YoY) and poor cash conversion, creating a disconnect between accrual profits and cash generation.

Income Statement

80Positive

Balance Sheet

90Very Positive

Cash Flow

30Negative
Financial statement breakdown
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue20.93B16.60B16.55B8.64B3.91B1.33B
Gross Profit12.08B10.03B12.02B6.62B3.11B1.03B
EBITDA6.80B5.31B8.46B4.51B2.10B563.14M
Net Income3.63B2.75B5.79B2.65B1.33B368.16M
Balance Sheet
Total Assets12.78B8.12B12.00B8.33B4.23B1.35B
Cash, Cash Equivalents and Short-Term Investments4.23B4.12B10.17B7.43B3.98B1.18B
Total Debt5.60B717.76M58.76M101.71M136.30M150.06M
Total Liabilities9.02B3.02B2.98B2.73B1.30B575.81M
Stockholders Equity3.75B5.10B9.02B5.60B2.93B777.77M
Cash Flow
Free Cash Flow346.37M847.97M5.32B3.90B2.06B653.47M
Operating Cash Flow5.83B976.60M5.48B3.96B2.08B678.97M
Investing Cash Flow-5.78B-251.20M-308.34M-400.20M-79.29M-57.29M
Financing Cash Flow-5.90B-6.68B-2.43B-110.48M804.89M-347.00K

M&A Research Institute Holdings Inc. Technical Analysis

Technical Analysis SentimentPositive
Last Price1035.00

Price Trends

50DMA1073.04Negative
100DMA1007.32Positive
200DMA920.38Positive

Market Momentum

MACD-8.32Positive
RSI46.70Neutral
STOCH19.44Positive

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 1035.00 is below the 20-day moving average (MA) of 1064.05, below the 50-day MA of 1073.04, and above the 200-day MA of 920.38, indicating a neutral trend. The MACD of -8.32 indicates Positive momentum. The RSI at 46.70 is Neutral, neither overbought nor oversold. The STOCH value of 19.44 is Positive, 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

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

JP:9552 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:4310JP:431076OutperformJPY 20.93B19.07―8.12%23.66%16.93%
JP:6080JP:608076OutperformJPY 133.40B16.88―1.73%12.21%23.48%
JP:2127JP:212773OutperformJPY 205.01B15.5925.19%4.05%4.56%-1.97%
JP:9552JP:955269NeutralJPY 51.71B15.58―0.49%36.14%21.97%
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
JP:9257JP:925757NeutralJPY 9.65B12.41―4.06%――
JP:2134JP:213439UnderperformJPY 8.50B-5.68――263.03%23.09%

* Financial Sector Average

Performance Comparison

-50%-25%0%25%JP:9552JP:2127JP:2134JP:4310JP:6080JP:9257Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:9552 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:9552M&A Research Institute Holdings Inc.1035.00-308.00-22.93%
JP:2127Nihon M&A Center 608.20-89.94-12.88%
JP:2134Sun Capital Management Corp.15.00-27.00-64.29%
JP:4310Dream Incubator Inc.2303.00-218.52-8.67%
JP:6080M&A Capital Partners Co. Ltd.4195.001182.4539.25%
JP:9257YCP Holdings (Global) Ltd. Japanese Deposit Receipt Repr 1 Sh417.00-315.99-43.11%

M&A Research Institute Holdings Inc. Corporate Events

Quants Research Institute revamps senior management to drive group growth

Oct 1, 2026

Quants Research Institute Holdings Inc. has announced a reshuffle of its senior management, appointing Executive Officer Daiki Yamaguchi as Head of Corporate Services effective October 1, 2026, succeeding Hiroki Kagami. The company will also propose...

Quants Research Unit Souken Leasing to Raise ¥4.2 Billion for Aircraft and Vessel JOLCO Deals

Sep 18, 2026

Quants Research Institute Holdings Inc. said its wholly owned unit Souken Leasing Inc. will arrange new borrowings to support the structuring of operating lease products involving aircraft and vessels. Souken Leasing plans to borrow about ¥2.8 b...

Quants Research Institute Sets Out FY2026/9 Q3 Results and Growth Strategy

Aug 14, 2026

Quants Research Institute Holdings Inc. has released materials for its FY2026/9 third-quarter financial results presentation, outlining current earnings performance and forecasts for the full fiscal year. The disclosure signals management’s int...

Quants Research Institute Posts Strong Nine-Month Gains but Equity Ratio Drops

Aug 14, 2026

Quants Research Institute Holdings reported strong growth for the nine months ended June 30, 2026, with revenue rising 37.3% year on year to ¥15,927 million and operating profit up 42.0% to ¥4,447 million. Quarterly profit attributable to o...

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.

Date of analysis: Sep 06, 2026