CompanyGraphM&A Research Institute Holdings, Inc.
9552 · Japan
Price data from its MAARF listing on OTC, quoted in USD
quants-souken.co.jpFinancials as of FY2025
What stands out
- Most companies in its industry are interface businesses; this one is a sense-making business
At a glance
- Depends onDownstream position: depends on 23 industries, supplies 5
- PositionReturn on equity is 68.7%, higher than 95% of its Capital Markets peers (median 10.6%)
- FinancialsHigh earnings quality
- Interpretations12 currently firing — 12
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are interface businesses; this one is a sense-making business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.52%
Annual Rate
JPY 5.00Paid unknown
Payout Ratio
8.9%Sustainable
Payback Period
1.2 yr
Last Ex-Dividend
Sep 29, 2025
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
65.25BJPY410.29M · vs all stocks (USD)
Trailing P/E
19.58xvs Capital Markets peers
Revenue (TTM)
20.93BJPY131.62M · vs all stocks (USD)
Profit Margin
17.78%vs Capital Markets peers
Beta
0.8350xvs all stocks
52-Week Change
-17.77%vs all stocks
Forward Annual Dividend Yield
0.52%vs all stocks
Market Capitalization
65.25BJPY410.29M · vs all stocks (USD)
Enterprise Value
49.78BJPY313.02M · vs all stocks (USD)
Trailing P/E
19.58xvs Capital Markets peers
Forward P/E
5.46xvs Capital Markets peers
Price to Sales (TTM)
2.68xvs Capital Markets peers
Price to Book (MRQ)
8.83xvs Capital Markets peers
Enterprise to Revenue
2.38xvs Capital Markets peers
Enterprise to EBITDA
7.54xvs Capital Markets peers
Profit Margin
17.78%vs Capital Markets peers
Operating Margin
25.30%vs Capital Markets peers
Return on Assets (TTM)
36.91%vs Capital Markets peers
Return on Equity (TTM)
68.65%vs Capital Markets peers
Revenue (TTM)
20.93BJPY131.62M · vs all stocks (USD)
Revenue per Share (TTM)
388.14JPYUpdated Aug 21, 2026Quarterly Revenue Growth
43.00%vs Capital Markets peers
Gross Profit (TTM)
12.11BJPY76.13M · vs all stocks (USD)
EBITDA (TTM)
5.31BJPY33.39M · vs all stocks (USD)
Net Income (TTM)
3.72BJPY23.40M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
115.10%vs Capital Markets peers
Operating Cash Flow (TTM)
6.64BJPY41.77M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
1.49BJPY9.35M · vs all stocks (USD)
Forward Annual Dividend Rate
5.00JPYUpdated Aug 21, 2026Forward Annual Dividend Yield
0.52%vs all stocks
Trailing Annual Dividend Rate
5.00JPYUpdated Aug 21, 2026Trailing Annual Dividend Yield
0.52%vs all stocks
Payout Ratio
8.86%vs Capital Markets peers
Revenue
16.60BJPYFY2025 · Sep 30, 2025Cost of Goods Sold
6.57BJPYFY2025 · Sep 30, 2025Gross Profit
10.03BJPYFY2025 · Sep 30, 2025Operating Income
4.78BJPY30.04M · vs all stocks (USD)
Pre-tax Income
4.77BJPYFY2025 · Sep 30, 2025Income Tax Expense
2.03BJPYFY2025 · Sep 30, 2025Net Income
2.75BJPYFY2025 · Sep 30, 2025EBIT
4.79BJPYFY2025 · Sep 30, 2025EBITDA (Income Statement)
5.31BJPYFY2025 · Sep 30, 2025Selling, General & Administrative
5.23BJPYFY2025 · Sep 30, 2025Other Operating Expenses
46.24MJPYFY2025 · Sep 30, 2025Non-operating Interest Income
16.18MJPYFY2025 · Sep 30, 2025Non-operating Interest Expense
21.28MJPYFY2025 · Sep 30, 2025EPS (Basic)
50.54JPYFY2025 · Sep 30, 2025EPS (Diluted)
47.07JPYFY2025 · Sep 30, 2025Basic Shares Outstanding
57.27MSharesFY2025 · Sep 30, 2025Diluted Shares Outstanding
57.27MSharesFY2025 · Sep 30, 2025Preferred Stock Dividends
0.00JPYFY2025 · Sep 30, 2025Operating Cash Flow
4.47BJPYFY2025 · Sep 30, 2025Free Cash Flow
4.35BJPYFY2025 · Sep 30, 2025Cash & Cash Equivalents (End of Period)
4.12BJPYFY2025 · Sep 30, 2025Starting Profit (CF Statement)
4.77BJPYFY2025 · Sep 30, 2025Other Non-cash Items
312.27MJPYFY2025 · Sep 30, 2025Change in Accounts Receivable (CF)
-611.16MJPYFY2025 · Sep 30, 2025Capital Expenditures
-128.62MJPYFY2025 · Sep 30, 2025Purchase of Investments
-425.97MJPYFY2025 · Sep 30, 2025Sale of Investments
238.11MJPYFY2025 · Sep 30, 2025Other Investing Activity
-34.72MJPYFY2025 · Sep 30, 2025Net Investing Cash Flow
-351.20MJPYFY2025 · Sep 30, 2025Long-term Debt Payments
-33.88MJPYFY2025 · Sep 30, 2025Common Stock Repurchase
-6.71BJPYFY2025 · Sep 30, 2025Other Financing Charges
1.00KJPYFY2025 · Sep 30, 2025Net Financing Cash Flow
-6.68BJPYFY2025 · Sep 30, 2025Shares Outstanding
54.06MSharesUpdated Aug 21, 2026Float Shares
17.86MSharesUpdated Aug 21, 2026% Held by Insiders
63.36%vs all stocks
% Held by Institutions
18.97%vs all stocks
Total Cash (MRQ)
4.23BJPY26.61M · vs all stocks (USD)
Total Cash per Share (MRQ)
83.47JPYUpdated Aug 21, 2026Total Debt (MRQ)
5.60BJPY35.22M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.49xvs Capital Markets peers
Current Ratio (MRQ)
0.8760xvs Capital Markets peers
Book Value per Share (MRQ)
125.12JPYUpdated Aug 21, 2026Total Assets
8.12BJPY51.07M · vs all stocks (USD)
Total Current Assets
6.26BJPYFY2025 · Sep 30, 2025Total Liabilities
3.02BJPYFY2025 · Sep 30, 2025Total Non-current Assets
1.86BJPYFY2025 · Sep 30, 2025Total Non-current Liabilities
345.06MJPYFY2025 · Sep 30, 2025Total Current Liabilities
2.67BJPYFY2025 · Sep 30, 2025Cash & Cash Equivalents
4.12BJPYFY2025 · Sep 30, 2025Other Short-term Investments
921.64MJPYFY2025 · Sep 30, 2025Accounts Receivable
973.82MJPYFY2025 · Sep 30, 2025Accounts Payable
426.41MJPYFY2025 · Sep 30, 2025Short-term Debt
491.11MJPYFY2025 · Sep 30, 2025Other Current Liabilities
1.09BJPYFY2025 · Sep 30, 2025Long-term Debt
226.65MJPYFY2025 · Sep 30, 2025Other Non-current Liabilities
2.00KJPYFY2025 · Sep 30, 2025Common Stock (Book)
50.00MJPYFY2025 · Sep 30, 2025Retained Earnings
3.97BJPYFY2025 · Sep 30, 2025Total Shareholders' Equity
5.10BJPY32.10M · vs all stocks (USD)
Treasury Stock
75.25MJPYFY2025 · Sep 30, 202552-Week Low
556.00JPYUpdated Aug 21, 202652-Week High
1.41KJPYUpdated Aug 21, 202652-Week Change
-17.77%vs all stocks
Beta
0.8350xvs all stocks
50-Day MA
938.28JPYUpdated Aug 21, 2026200-Day MA
935.75JPYUpdated Aug 21, 2026Avg 10-Day Volume
383.82KSharesUpdated Aug 21, 2026Avg 30-Day Volume
289.23KSharesUpdated Aug 21, 2026Diluted EPS (TTM)
56.44JPYUpdated Aug 21, 202612 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
MRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total Liabilities
Cash covers most of its debt, with earnings high against its liabilities.
Reads
How does this company use capital?
Cash-Backed Growth Configuration
Revenue has grown steadily, and the cash arriving matches reported profit.
Reads
Cash Backing With OCF Coverage And Cash Near Total Debt
Cash on hand covers most or all of its total debt, and cash flow matches reported earnings.
Reads
Cash Backing With Revenue And Income Streaks
Revenue has risen in each of three years, profit in all three, and it holds more cash than debt.
Reads
Cash-Flow Ratios Elevated
More of its sales turn into cash than in its industry, and less of that cash is consumed by reinvestment than at most of its peers.
Reads
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Revenue Growing With Receivables Growing
Revenue has risen three years, and what customers owe has risen with it.
Reads
ROE, ROA, And Operating ROA Elevated
It earns more on its equity than its industry does, and on its assets too — not on borrowing alone.
Reads
Is this company growing?
Growth With Volume Backing
Revenue and net income have compounded over six years, and volume has leaned up with it.
Reads
Multi-Year Revenue And Profit Growth
Revenue and earnings have both grown steadily across six years.
Reads
How is this stock valued?
Drawdown With FCF And Cash Backing
Well below its peak, with three years of positive free cash flow behind it.
Reads
Drawdown With OCF Coverage And Growth Consistency
Well below its peak, with cash covering profit and growth that has been steady.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Return on equity is 68.7%, higher than 95% of its Capital Markets peers (median 10.6%)Significant
Return on equity: 0.69Industry median: 0.11Industry P95: 0.24Peers compared: 63.00
Return on assets is 36.9%, higher than 95% of its Capital Markets peers (median 1.8%)Significant
Return on assets: 0.37Industry median: 0.02Industry P95: 0.12Peers compared: 63.00
Current ratio is 0.88×, lower than 95% of its Capital Markets peers (median 2×)Significant
Current ratio: 0.88Industry median: 2.00Industry P5: 1.08Peers compared: 63.00
Price-to-book is 8.83×, higher than 95% of its Capital Markets peers (median 1.44×)Significant
Price-to-book: 8.83Industry median: 1.44Industry P95: 8.09Peers compared: 63.00
Structural Tensions
Most companies in its industry are interface businesses; this one is a sense-making businessSignificant
Industry peers: 172Share on the common pattern %: 71.00
Financial Health
High earnings qualityNotable
Earnings Quality Score: 1.45
High structural barrier to entryNotable
Barrier to Entry: 0.89
Consistent revenue growth patternNotable
Growth Consistency Score: 0.76
Supply Chain
Downstream position: depends on 23 industries, supplies 5Notable
Outgoing: 5.00Incoming: 23.00
High connectivity hub: 28 industry connectionsNotable
Total Connections: 28.00
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Companies that share active interpretations — structural patterns currently present in both stocks.
Medpace Holdings Inc.
10 interpretationsCash-Backed Growth ConfigurationMRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total LiabilitiesCash Backing With Revenue And Income StreaksFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedCash-Flow Ratios ElevatedRevenue Growing With Receivables GrowingGrowth With Volume BackingCash Backing With OCF Coverage And Cash Near Total DebtMulti-Year Revenue And Profit Growth
Fortune Electric Co., Ltd.
9 interpretationsMRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total LiabilitiesCash Backing With Revenue And Income StreaksFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedCash-Flow Ratios ElevatedRevenue Growing With Receivables GrowingDrawdown With FCF And Cash BackingGrowth With Volume BackingCash Backing With OCF Coverage And Cash Near Total Debt
MarketAxess Holdings Inc.
8 interpretationsMRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total LiabilitiesCash Backing With Revenue And Income StreaksFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedCash-Flow Ratios ElevatedRevenue Growing With Receivables GrowingDrawdown With FCF And Cash BackingCash Backing With OCF Coverage And Cash Near Total Debt