Mitsubishi Research Institute

Mitsubishi Research Institute

TTSE:3636
5,420.00
JPY
+140.00
(+2.65%)
73.52BMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4,939.84
5,321.8
5,197.22
5,291.6
5,485.68
5,555.56
5,541.95
5,662.42
6,347.73
7,182.36
7,619.54
7,296.65
7,713.32
- -
Basic EPS, GAAP
175.67
207.33
224.81
208.55
235.02
209.42
221.55
436.65
308.61
474.66
392.25
316.44
405.55
- -
Free Cash Flow per Basic Share
51.7
135.66
337.94
126.77
259.92
289.69
417.67
367.79
39.18
373.84
13.66
595.12
1.59
- -
Dividend per Share
29.96
39.94
49.99
59.98
70.45
80.82
90.98
101.04
141.58
121.45
157.04
157.18
162.83
- -
Book Value per Share
2,072.08
2,222.83
2,339.98
2,488.36
2,692.16
2,859.58
2,950.87
3,313.24
3,471.36
3,879.87
4,137.73
4,296.47
4,566.59
5,026.09
Tangible Book Value per Share
1,816.48
1,893.93
2,025.2
2,155.01
2,380.76
2,572.19
2,579.33
2,943.51
3,122.73
3,542.16
3,744.52
3,862.44
4,115.6
4,577.53
Basic Weighted Avg Shares
16
16
16
16
16
16
16
16
16
16
16
16
16
16
Sales/Revenue/Turnover
81,127
87,400
85,354
86,904
89,466
90,250
90,029
92,020
103,030
116,620
122,126
115,362
121,458
- -
Operating Margin (%)
6.62
6.96
6.51
6.32
6.41
5.5
5.7
6.77
6.65
7.86
7.11
6.12
6.6
- -
Depreciation Expense
2,302
2,201
2,944
3,019
3,223
3,236
3,667
3,348
3,615
3,610
3,753
3,749
3,465
- -
Net Income, GAAP
2,885
3,405
3,692
3,425
3,833
3,402
3,599
7,096
5,009
7,707
6,287
5,003
6,386
- -
Effective Tax Rate (%)
39.85
39.53
34.09
36.57
29.27
29.85
33.18
27.12
28.44
29.18
25.8
30.32
29.44
- -
Profit Margin (%)
3.56
3.9
4.33
3.94
4.28
3.77
4
7.71
4.86
6.61
5.15
4.34
5.26
- -
Working Capital
22,988
22,759
27,477
30,303
33,194
30,544
30,909
36,800
38,524
43,682
40,377
43,154
45,435
51,726
LT Debt
415
661
624
574
349
317
2,553
3,502
3,354
2,031
1,121
899
831
971
Total Equity
40,114
42,154
44,132
46,909
50,393
53,282
54,842
61,540
63,835
71,151
74,384
76,372
81,345
88,552
Return on Invested Capital (%)
7.98
8.34
7.9
7.12
7.82
6.37
5.86
6.88
6.88
8.57
8.09
6.13
6.73
- -
Return on Capital (%)
6.38
7.15
7.51
6.58
6.6
5.97
5.9
10.01
6.58
9.52
7.22
5.79
6.95
- -
Return on Common Equity (%)
8.88
9.65
9.85
8.64
9.06
7.54
7.63
13.94
9.1
12.92
9.76
7.5
9.15
- -

Capital Structure

JPY

•

in mil. unless spec.
Mar'24
Dec'26
Mar'26
ST Debt
300
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
991
- -
971
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
78,074
78,606
73,517

Working Capital

JPY

•

in mil. unless spec.
Mar'24
Dec'26
Mar'26
Total Current Assets
81,396
- -
90,620
Cash, Cash Equivalents & STI
10,766
- -
16,172
Accounts Receivable, Net
67,599
- -
66,873
Inventories
423
- -
276
Total Current Liabilities
38,342
- -
38,894
Payables & Accruals
- -
- -
- -
ST Debt
300
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.35%
5.78%
6.51%
Free Cash Flow
484.97%
953.05%
-99.73%
Net Income, GAAP
10.96%
2.65%
27.64%
Sales/Revenue/Turnover
3.72%
5.92%
5.28%
Total Cash Common Dividend
12.99%
11.06%
3.18%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,668
38,866
- -
- -
115,362
2025
- -
- -
- -
- -
121,458
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
74.07
317.39
- -
- -
316.44
2025
- -
- -
- -
- -
405.55
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
157.18
2025
- -
- -
- -
- -
162.83
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kenji Yuda
Full Time Employees
4,695
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
10-3, Nagatacho 2-Chome Tokyo TY Japan 100-8141
IPO Date
Sep 18, 2009
Website
mri.co.jp
Business
Mitsubishi Research Institute, Inc. stands as a distinguished Japanese think tank, offering comprehensive research, consulting, and advanced information technology solutions to public sector bodies, financial institutions, and private corporations both domestically and internationally. The firm delivers a wide array of services encompassing management advisory, digital innovation, financial systems expertise, environmental and energy policy, healthcare strategies, regional revitalization efforts, and cutting-edge infrastructure development. Driven by a vision to address complex societal challenges, the company prioritizes key domains including Digital Transformation (DX), Green Transformation (GX), and Human Resource & Healthcare Transformation (HX), aiming to lead change through scientific insight and collaborative action. Recent strategic initiatives include new collaborations in the energy sector with partners like N-SIDE, supporting drug-discovery startups in Japan alongside Astellas Pharma Inc. to enhance global reach, and fostering innovation ecosystems through partnerships with Asian startup agencies in regions like Taiwan and ASEAN. With a global footprint extending to offices in Vietnam and the United Arab Emirates, Mitsubishi Research Institute, Inc. was established in 1970 and maintains its headquarters in Tokyo, Japan.