Nihon M&A Center Holdings Inc.

Nihon M&A Center Holdings Inc.

2127.T
Nihon M&A Center Holdings Inc.JP flagTokyo Stock Exchange
676.50
JPY
-5.50
- -
214.67BMarket Cap
Nihon M&A Center Holdings Inc.
2127.T
(Tokyo Stock Exchange)

Recent

price

676.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
15.67
18.77
22.55
32.97
38.22
46.19
59.62
76.82
88.48
98.61
105.76
122.23
124.93
135.94
138.96
158.39
78.63
Revenue per Share
3.76
5.03
6.48
10.45
12.35
15.13
19.3
25.41
27.57
31.65
32.46
34.6
29.76
33.04
34.54
39.36
22.12
Basic EPS, GAAP
7.27
4.07
8.3
13.03
10.87
12.81
24.03
29.95
21.3
31.24
34.4
32.81
23.69
32.02
41.13
48.01
- -
Free Cash Flow per Basic Share
1.14
1.46
2.08
2.5
4.5
4.75
7.16
8.6
11.5
11.47
13.96
16.5
20
23.21
26
29
- -
Dividend per Share
15.36
18.92
23.32
31.28
39.13
49.51
62.11
79.27
95.08
118.1
138.66
156.13
166.6
179.26
192.28
202.5
183.11
Book Value per Share
17.88
21.57
26.08
33.88
41.82
52.15
50.04
68.6
84.67
110.27
135.27
153.67
164.56
134.9
149.61
159.17
138.6
Tangible Book Value per Share
320
320
320
320
320
320
320
321
322
325
329
331
331
325
317
317
318
Basic Weighted Avg Shares
5,009
6,006
7,215
10,548
12,228
14,778
19,070
24,625
28,463
32,010
34,795
40,402
41,316
44,137
44,077
50,257
24,965
Sales/Revenue/Turnover
45.57
46.14
47.21
51.65
49.87
47.38
47.44
47.13
44.03
44.51
44.08
40.67
37.03
36.4
37.92
37.33
39.91
Operating Margin (%)
32
37
40
42
80
102
122
127
124
122
140
165
227
175
158
190
- -
Depreciation Expense
1,200
1,610
2,074
3,344
3,950
4,840
6,174
8,146
8,868
10,274
10,679
11,438
9,843
10,728
10,955
12,487
7,024
Net Income, GAAP
44.83
42.9
39.58
38.91
37.41
31.99
31.94
30.2
29.15
30.26
31.49
31.05
36.33
34.96
35.21
34.72
32.26
Effective Tax Rate (%)
23.96
26.81
28.75
31.71
32.31
32.75
32.38
33.08
31.16
32.1
30.69
28.31
23.82
24.31
24.85
24.85
28.14
Profit Margin (%)
4,230
5,622
7,079
8,666
5,887
9,044
7,660
8,805
10,989
18,250
37,305
42,445
42,321
32,901
32,670
30,625
31,907
Working Capital
- -
- -
- -
- -
- -
- -
3,500
2,500
1,500
500
- -
- -
- -
4,900
4,000
2,100
4,200
LT Debt
5,764
6,932
8,365
10,904
13,466
16,764
16,080
22,044
27,264
35,943
44,690
51,026
54,721
43,974
47,588
50,641
44,154
Total Equity
21.23
22.01
24.2
30.47
27.79
28.87
30.35
31.98
29.46
27.54
23.72
22.27
17.3
18.6
19.81
21.34
12.49
Return on Invested Capital (%)
26.15
28.86
30.26
37.87
34.77
33.9
30.65
30.6
28.59
28.23
24.73
23.19
18.34
17.88
16.69
18.44
11.14
Return on Capital (%)
26.72
29.37
30.7
38.29
35.08
34.14
34.58
35.98
31.67
29.81
25.44
23.53
18.45
18.94
18.38
19.94
12.44
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
1,400
- -
1,400
LT Borrowings
4,900
- -
4,200
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
317
- -
317
Market Capitalization
324,359
263,972
207,869

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
42,387
- -
38,578
Cash, Cash Equivalents & STI
37,440
- -
35,453
Accounts Receivable, Net
2,579
- -
2,480
Inventories
- -
- -
- -
Total Current Liabilities
9,485
- -
6,672
Payables & Accruals
- -
- -
- -
ST Debt
1,400
- -
1,400
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.93%
3.28%
6.42%
Free Cash Flow
18.64%
8.6%
16.77%
Net Income, GAAP
10.64%
3.65%
13.98%
Sales/Revenue/Turnover
13.4%
7.82%
14.02%
Total Cash Common Dividend
20.42%
14.99%
11.56%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,247
10,925
11,976
12,989
44,137
2025
- -
- -
- -
- -
44,077
2026
- -
- -
- -
- -
50,257

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.82
- -
- -
- -
33.04
2025
- -
- -
- -
- -
34.54
2026
- -
- -
- -
- -
39.36

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
23.21
2025
- -
- -
- -
- -
26
2026
- -
- -
- -
- -
29
Business
Nihon M&A Center Holdings Inc. Nihon M&A Center Holdings Inc. (TSE: 2127), the parent company of Nihon M&A Center Inc., operates as Japan's leading provider of mergers and acquisitions (M&A) brokerage and support services primarily targeting small and medium-sized enterprises (SMEs); its core offerings encompass M&A intermediation including marketing, company valuation, buyer proposals, negotiations, and contract execution; post-merger integration (PMI) consulting through Japan PMI Consulting Inc.; business succession and growth strategy advisory; capital policy and management buyout (MBO) support; corporate valuation services via Corporate Value Laboratory Inc.; private equity fund management through Japan Investment Fund Inc. and Japan Private Equity Co., Ltd. in joint ventures with the Development Bank of Japan; search fund operations via Search Fund Japan, Inc.; human resources development including DX talent services by Nihon DX Human Resources Center Inc.; internet-based matching for micro-enterprises via Batonz Co., Ltd.; and after-sales consulting for sell-side owners through Next Navi Inc. The company maintains an extensive network of alliances with 308 accounting firms, 95 regional banks, 212 Shinkin banks, and over 1,000 board members across regional M&A centers as of March 2024, facilitating over 9,000 M&A deals closed historically and 1,146 transactions in FY2023 alone, with a growing emphasis on cross-border deals particularly in ASEAN nations. Founded in April 1991 by Yasuhiro Wakebayashi and headquartered at 24F Tekko Building, 1-8-2 Marunouchi, Chiyoda-ku, Tokyo, Japan, Nihon M&A Center Holdings Inc. conducts operations across Japan through seven regional offices and 17 satellite locations, plus international presence via subsidiaries and representative offices in Singapore (established April 2016), Indonesia (October 2019), Vietnam (February 2020), Malaysia (March 2020 and full company December 2021), Thailand (November 2021 representative and January 2024 company), and an investment in Korea M&A Exchange Co., Ltd. Recent strategic developments include the reorganization in October 2021 to establish the holding company structure; the formation in 2024 of Asean to Global Capital (AtoG Capital), a subsidiary fund management firm to drive ASEAN expansion and cross-border M&A with initial partnerships in Malaysia such as with CK MAC Global Sdn Bhd; and a February 2025 capital and business alliance with Bring Out Inc. to integrate AI-powered dialogue analytics for enhancing M&A deal closure rates, employee productivity, and data-driven advisory independent of individual expertise. The group aspires to become the top global integrated M&A company, evidenced by its inclusion in indices like MSCI World and JPX-Nikkei 400, Guinness World Record for most M&A transactions in 2023 (1,067 deals), and consistent profitability with dividends since its second year.