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Mitsubishi Research Institute, Inc. logo

Mitsubishi Research Institute, Inc.

3636.T

JPXTechnologyInformation Technology Services

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Latest quote

¥5,040

+¥30.00 · +0.60%

Aug 24, 1:22 PM JST

3636.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Mitsubishi Research Institute, Inc. (MRI) is a Japanese firm that delivers a wide array of strategic advisory, information technology, and research services. It caters to a diverse client base within Japan, encompassing governmental entities, financial organizations, and private corporations. The company's extensive solutions span areas such as management consultation, digital and financial innovation, environmental and energy initiatives, healthcare and wellness, regional development, future infrastructure deployment, scientific and safety research, nuclear safety, and broad economic, social, and R&D initiatives. Furthermore, MRI handles specialized project engagements and public sector procurement. In a key collaboration, it partners with ForePaaS SAS to implement cloud-native data-intensive solutions across Japan. Established in 1970, Mitsubishi Research Institute, Inc. is headquartered in Tokyo.

Industry
Information Technology Services
Sector
Technology
Headquarters
JP
CEO
Kenji Yuda
Listed since
Sep 14, 2009
Employees
4,695

Market position

Day range

Current ¥5,040

52-week range

Current ¥5,040

Open
¥5,040
Previous close
¥5,010
Volume
38.2K
0.57× average
Average volume
66.55K
Average daily volume
Market cap
79.43B JPY
Beta
0.15
Market reference 1
50-day average
¥4,649.8
+8.39% above average
200-day average
¥4,776.8
+5.51% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
52.3B JPY
P/E (TTM)
9.59×
P/B (TTM)
1.03×
P/S (TTM)
0.62×
EV / EBITDA
3.81×
Earnings yield
7.83%
Free cash flow yield
3.44%
Dividend yield
3.27%

Profitability & efficiency

Gross margin
23.28%
Operating margin
7.01%
Net margin
6.47%
Return on equity
8.88%
Return on assets
4.87%
Return on invested capital
5.82%

Financial health

Debt / equity
0.01×
Current ratio
2.33×
Altman Z-score
3.56
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends27%19%11%2%Gross margin, FY2021: 23.78%Gross margin, FY2022: 24.07%Gross margin, FY2023: 22.70%Gross margin, FY2024: 23.52%Gross margin, FY2025: 24.91%Operating margin, FY2021: 6.65%Operating margin, FY2022: 7.86%Operating margin, FY2023: 7.11%Operating margin, FY2024: 6.12%Operating margin, FY2025: 6.60%Net margin, FY2021: 4.86%Net margin, FY2022: 6.61%Net margin, FY2023: 5.15%Net margin, FY2024: 4.34%Net margin, FY2025: 5.26%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.78%. Gross margin FY2022 24.07%. Gross margin FY2023 22.70%. Gross margin FY2024 23.52%. Gross margin FY2025 24.91%. Operating margin FY2021 6.65%. Operating margin FY2022 7.86%. Operating margin FY2023 7.11%. Operating margin FY2024 6.12%. Operating margin FY2025 6.60%. Net margin FY2021 4.86%. Net margin FY2022 6.61%. Net margin FY2023 5.15%. Net margin FY2024 4.34%. Net margin FY2025 5.26%.

Income trends

Revenue

121.46B JPY+5.28%

Operating income

8.01B JPY+13.45%

Net income

6.39B JPY+27.62%
Income trends across reported periods133.84B JPY86.99B JPY40.14B JPY−6.71B JPYRevenue, FY2021: 103.03B JPYRevenue, FY2022: 116.62B JPYRevenue, FY2023: 122.13B JPYRevenue, FY2024: 115.36B JPYRevenue, FY2025: 121.46B JPYOperating income, FY2021: 6.86B JPYOperating income, FY2022: 9.17B JPYOperating income, FY2023: 8.69B JPYOperating income, FY2024: 7.06B JPYOperating income, FY2025: 8.01B JPYNet income, FY2021: 5.01B JPYNet income, FY2022: 7.71B JPYNet income, FY2023: 6.29B JPYNet income, FY2024: 5B JPYNet income, FY2025: 6.39B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 103.03B JPY. Revenue FY2022 116.62B JPY. Revenue FY2023 122.13B JPY. Revenue FY2024 115.36B JPY. Revenue FY2025 121.46B JPY. Operating income FY2021 6.86B JPY. Operating income FY2022 9.17B JPY. Operating income FY2023 8.69B JPY. Operating income FY2024 7.06B JPY. Operating income FY2025 8.01B JPY. Net income FY2021 5.01B JPY. Net income FY2022 7.71B JPY. Net income FY2023 6.29B JPY. Net income FY2024 5B JPY. Net income FY2025 6.39B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue121.46B JPY115.36B JPY122.13B JPY116.62B JPY103.03B JPY
Cost of goods sold91.2B JPY88.23B JPY94.41B JPY88.55B JPY78.53B JPY
Gross profit30.26B JPY27.13B JPY27.72B JPY28.07B JPY24.5B JPY
Research and development1.52B JPY1.71B JPY1.74B JPY1.49B JPY1.05B JPY
Selling, general, and administrative20.73B JPY18.36B JPY17.3B JPY17.42B JPY16.59B JPY
Operating expenses22.25B JPY20.07B JPY19.03B JPY18.91B JPY17.64B JPY
Interest income23M JPY11M JPY2M JPY8M JPY7M JPY
Interest expense11M JPY14M JPY23M JPY34M JPY40M JPY
Depreciation and amortization3.47B JPY3.75B JPY3.75B JPY3.61B JPY3.62B JPY
Operating income8.01B JPY7.06B JPY8.69B JPY9.17B JPY6.86B JPY
Net income6.39B JPY5B JPY6.29B JPY7.71B JPY5.01B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-100.96

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates408.12225.8643.59-138.67Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 30, 2024: actual 9.72, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 3, 2025: actual 62.96, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 25, 2025: actual 247.03, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 1, 2025: actual 6.73, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 88.83, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 5, 2026: actual 167.27, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual 370.41, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 29, 2026: actual -100.96, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates43.34B36.44B29.54B22.63BQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 27.71B JPY, estimate 40.3B JPY, surprise -31.25%, Miss. Q2 2025, reported Apr 25, 2025: actual 37.73B JPY, estimate 24.3B JPY, surprise +55.27%, Beat. Q3 2025, reported Aug 1, 2025: actual 26.19B JPY, estimate 29.38B JPY, surprise -10.86%, Miss. Q4 2025, reported Oct 30, 2025: actual 29.84B JPY, estimate 29.38B JPY, surprise +1.56%, Beat. Q1 2026, reported Feb 5, 2026: actual 30.9B JPY, estimate 30.8B JPY, surprise +0.32%, Beat. Q2 2026, reported Apr 27, 2026: actual 41.67B JPY, estimate 41.3B JPY, surprise +0.90%, Beat. Q3 2026, reported Jul 29, 2026: actual 25.66B JPY, estimate 26.13B JPY, surprise -1.79%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 26.77B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥165

2025 complete year+50.0% since 2021

2026 partial: ¥80.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥85.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

Dividend

Ex-dividend Mar 30, 2026

¥80.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 8, 2026

Dividend

Ex-dividend Sep 29, 2025

¥85.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 18, 2025

Dividend

Ex-dividend Mar 28, 2025

¥80.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 9, 2025

Dividend

Ex-dividend Sep 27, 2024

¥80.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 19, 2024

Dividend

Ex-dividend Mar 28, 2024

¥80.00

Semi-Annual

Record Mar 31, 2024 · Payment Jun 7, 2024

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ETFs holding 3636.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
140.28M
Weight
0.00%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥417.9-0.02%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
4.46M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
2.7M
Weight
0.00%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
1.08M
Weight
0.01%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%
Schwab International Small-Cap Equity ETF logoSchwab International Small-Cap Equity ETFSCHC
Market value
628.66K
Weight
0.01%
AUM
5.73B USD
Expense ratio
0.06%
Price / 1D
$51.25+0.61%
Vanguard International Dividend Appreciation ETF logoVanguard International Dividend Appreciation ETFVIGI
Market value
615.15K
Weight
0.01%
AUM
9.4B USD
Expense ratio
0.07%
Price / 1D
$98.61+0.82%
Dimensional - International Small Cap Value ETF logoDimensional - International Small Cap Value ETFDISV
Market value
410.61K
Weight
0.01%
AUM
5.23B USD
Expense ratio
0.42%
Price / 1D
$44.49+0.86%
Avantis International Small Cap Value ETF logoAvantis International Small Cap Value ETFAVDV
Market value
395.35K
Weight
—
AUM
20.24B USD
Expense ratio
0.36%
Price / 1D
$111.95+1.06%

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