Quants Research Institute Holdings, Inc.
9552・Prime Market・Services
M&A Intermediary Services
Core business leveraging AI and DX for M&A intermediary services targeting SMEs, accounting for approximately 83% of group revenue
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (cumulative interim period) | ¥8,524 million | ¥7,095 million | ↑ |
| Segment profit (cumulative interim period) | ¥3,349 million | ¥2,597 million | ↑ |
| Revenue growth rate (year on year) | up 20.1% | ― | ↑ |
| Segment profit growth rate (year on year) | up 29.0% | ― | ↑ |
| Number of completed deals (cumulative interim period) | 110 deals | ― | — |
| Salaries and bonuses (cumulative interim period) | ¥2,569 million | ¥2,200 million | ↑ |
Business Details
Provides M&A Intermediary Services combining the AI Matching Algorithm with operational efficiency through DX. Targets business succession demand among domestic SMEs as its primary market, while also working to acquire overseas deals through its Singapore subsidiary. In the current interim period (October 2025 to March 2026), the number of completed deals remained solid at 110, and revenue continued double-digit growth, up 20.1% year on year.
Recent Overview
Solid performance with 110 completed deals and 20% revenue growth; profit margin trending upward
In the interim period of FY2026 (ending March 2026), the company achieved 110 completed deals, recording revenue of ¥8,524 million (up 20.1% year on year) and segment profit of ¥3,349 million (up 29.0% year on year). Profit growth outpaced revenue growth, and the segment profit margin improved from 36.6% in the prior-year interim period to 39.3%. Alongside the expansion of the Consulting business, which now operates with 199 consultants, M&A Intermediary Services continues to function as the group's primary pillar of earnings.
Key Products
Growth Drivers
- The structural issue of a lack of successors among domestic SMEs continues, with M&A demand remaining solid, supported by government business succession support measures
- Policy support from the Small and Medium Enterprise Agency, which targets 60,000 M&A transactions per year (combined public and private sector) by around 2029
- Low entry barriers due to the full success fee model contribute to acquiring companies seeking to transfer ownership
- Sophistication of the AI Matching Algorithm and DX promotion drive operational efficiency and shorten the average time to deal completion, also enhancing hiring competitiveness
- Strengthening of the framework for acquiring overseas M&A intermediary deals based out of the Singapore subsidiary
Risks
- Since deal completion timing depends on the decision-making of the parties involved, it is difficult to precisely manage earnings forecasts
- The increase in personnel expenses associated with the addition of M&A advisors (salaries and bonuses: ¥2,569 million in the interim period vs. ¥2,200 million in the prior-year interim period) may put short-term pressure on profits
- Risk of declining M&A appetite among SMEs due to economic downturn or changes in monetary policy (the shift to a "world with interest rates")
- Uncertainty in the business environment due to geopolitical risks such as US trade policy
- Continuous development investment in the AI Matching Algorithm and DX systems is required, and the investment burden may increase
- Risk of erosion of differentiation advantage as competitors follow suit in adopting similar technologies
Last updated: January 5, 2026