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Technology Services

Mitsubishi Research Institute, Inc.

Business Summary

Mitsubishi Research Institute, Inc. engages in the provision of research, consulting, and information technology (IT) solutions services. It operates through the Think Tank and Consulting and IT Solutions segments. The Think Tank and Consulting segment offers research, survey analysis, project appraisal, strategic planning, and other organizational development services. The IT Solutions segment provides IT support and consulting, software development, data processing, system machinery, core system outsourcing, and business process outsourcing services. The company was founded on May 8, 1970 and is headquartered in Tokyo, Japan.

Financial Highlights

Sep 2019 JPYUSD
Revenue90,029M818.18M
Gross Profit20,696M188.08M
Operating income5,131M46.63M
Income before tax5,850M53.16M
Net income3,600M32.71M
EBITDA8,798M79.95M
Diluted EPS221.542.01
Dividends Per Share950.86
Total Assets84,568M782.49M
Total liabilities29,722M275.01M
Total equity47,941M443.59M
Operating cash flow8,726M79.30M
Currency in JPYCurrency in USD

Historical Data

 Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019
Revenue 85,354M 86,904M 89,466M 90,250M 90,029M
Gross Profit 19,448M 19,552M 20,900M 20,106M 20,696M
Operating income 5,552M 5,495M 5,732M 4,964M 5,131M
Income before tax 6,230M 6,029M 6,269M 5,257M 5,850M
Net income 3,692M 3,425M 3,834M 3,403M 3,600M
EBITDA 8,496M 8,514M 8,955M 8,200M 8,798M
Diluted EPS 224.81 208.55 235.02 209.41 221.54
Dividends Per Share 55 65 75 85 95
Total Assets 67,094M 71,777M 75,654M 78,600M 84,568M
Total liabilities 22,960M 24,865M 25,255M 25,314M 29,722M
Total equity 38,434M 40,870M 43,739M 46,459M 47,941M
Operating cash flow 7,778M 5,052M 6,582M 7,013M 8,726M
 Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019
Revenue 715.48M 778.31M 803.89M 817.01M 818.18M
Gross Profit 163.02M 175.10M 187.79M 182.01M 188.08M
Operating income 46.53M 49.21M 51.50M 44.93M 46.63M
Income before tax 52.22M 53.99M 56.32M 47.59M 53.16M
Net income 30.94M 30.67M 34.45M 30.80M 32.71M
EBITDA 71.21M 76.25M 80.46M 74.23M 79.95M
Diluted EPS 1.88 1.86 2.11 1.89 2.01
Dividends Per Share 0.46 0.58 0.67 0.76 0.86
Total Assets 560.21M 708.80M 672.09M 691.99M 782.49M
Total liabilities 191.70M 245.54M 224.35M 222.86M 275.01M
Total equity 320.91M 403.59M 388.56M 409.02M 443.59M
Operating cash flow 65.19M 45.24M 59.14M 63.48M 79.30M

Valuation Measures

Sep 2019
PER16.18
ROA4.41%
ROE7.62%
Operating margin5.69%
Profit margin3.99%

Key executives

  • President, Representative Director & Head-Audit: Takashi Morisaki
  • Manager-Finance & Accounting: Junichi Eikawa
  • Manager-Research & Development: Yoshihiro Oishi
  • Representative Director, VP & Head-Business: Shigeaki Yoshikawa
  • Executive Officer & General Manager-Sales: Shuji Nakamura

Shareholders

  • Mitsubishi UFJ Financial Group, Inc. (6.7%)
  • Mitsubishi Heavy Industries, Ltd. (6.1%)
  • Mitsubishi Corp. (5.9%)
  • Mitsubishi Electric Corp. (5.4%)
  • Mitsubishi Chemical Holdings Corp. (5.0%)
  • Mitsubishi Research Employee Stock Ownership Plan (4.4%)
  • Mitsubishi Materials Corp. (4.2%)
  • AGC, Inc. (Japan) (3.6%)
  • Mitsubishi Estate Co., Ltd. (3.6%)
  • Kirin Holdings Co., Ltd. (3.0%)

Contact Details

  • Website:http://www.mri.co.jp
  • Address: 2-10-3 Nagatacho, Chiyoda-Ku, Tokyo, 100-8141, Japan
  • Phone: +81.3.5157.2111

Related Companies

  • Mitsubishi Research Institute Board Incentive Plan
  • NU Intellectual Property Financial Services Co., Ltd.
  • Mitsubishi Research Institute DCS Co., Ltd.
  • Mitsubishi Research Employee Stock Ownership Plan
  • MRI Business, Inc.

Competitors

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