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← CockpitCompetitor Analysis › 3636.T Mitsubishi Research InstituteOpen in the cockpit ↗

Mitsubishi Research Institute3636.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Miscellaneous Commercial Services
Momentum strong 72
Mkt cap
$489M
US dollars, full cap
Free float
52%
of shares outstanding
$/day
$1.90M
20-day average traded
Fwd P/E
11.2×
forward earnings
ROIC−WACC
+3.1 pp
WACC 5.9%
Hurdle
-14 pp
Req g minus delivered
Next earnings
96 days
10 Feb 2027
Close · JPY¥4,870
1D-5.4%
1W-8.1%
1M+1.2%
3M+4.4%
6M+8.5%
YTD-2.4%
1Y-2.1%
ATR %3.1%
52w lowhigh12.1% off high

What Mitsubishi Research Institute does

No business profile yet.

Mitsubishi Research Institute at a glance

Size Mitsubishi Research Institute (3636.T) is a Japan Industrials company (Miscellaneous Commercial Services) with a market value of $489M, the 1082nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,870 on 6 Nov 2026.

Performance Over six months the shares gained 8.5%, against -5.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 3.8% over the last twelve months (peer median +5.5%); the operating margin is 6.7% (peer median 10.1%).

Valuation It trades at 11.2× forward earnings against a peer median of 17.7× (cheapest of 15).

Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -14 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.1 points above its cost of capital (5.9% WACC).

Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 20263636.T 110Peer median 94
Six months, rebased to 100: Mitsubishi Research Institute against the median of its 20 peers (local-currency closes).

Mitsubishi Research Institute financials

Reported figures in JPY; fiscal year ends 2026-09-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue¥126B¥126B¥121B¥115B¥122B
Revenue growth—+4%+5%-6%—
Gross profit¥28.9B¥28.9B¥30.3B¥27.1B¥27.7B
EBITDA¥11.8B¥11.8B¥11.5B¥10.8B¥12.4B
Net income¥6.42B¥6.42B¥6.39B¥5.00B¥6.29B
Free cash flown/a¥5.46B¥2.81B¥12.2B¥3.09B
Capital expendituren/a¥4.09B¥6.40B¥4.13B¥5.48B
Total debt¥1.20B¥1.20B¥1.04B¥1.11B¥2.09B

Quarterly statements and history in the cockpit →

Mitsubishi Research Institute competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%-10%0%+10%603205GPIMAPMYINDIA77223010388771301259688265COORMHAIEG300649001390DIV079940300887300859ADN1448042903636.T6-month return →1-month return →
Up and to the right = strong over both horizons. Mitsubishi Research Institute is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%10×20×30×GPIMAPMYINDIA77228771COORMHAIEG001390DIV300887300859ADN1448042903636.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Mitsubishi Research Institute is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%603205MAPMYINDIA3010388771COORMHAIEGDIV079940300859ADN1448042903636.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Mitsubishi Research Institute is the large dot.

Mitsubishi Research Institute competitors and peer comparison

How Mitsubishi Research Institute compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Mitsubishi Research Institute against its 20 peers (data as of 6 Nov 2026)
Measure3636.TPeer medianRank in peer set
1-month return+1.2%-3.0%6th highest of 21
6-month return+8.5%-5.4%5th highest of 21
Distance from 52-week high-12.1%-26.4%3rd highest of 21
Revenue growth (TTM)+3.8%+5.5%9th lowest of 21
Operating margin6.7%10.1%9th lowest of 21
Forward P/E11.2×17.7×cheapest of 15
Growth the price implies (Req g, 7 yrs)-9.9%1.0%3rd least demanding of 14
Growth delivered (Del g)+4.1%+18.3%3rd lowest of 14
Hurdle (Req g minus delivered)-14.0 pp-13.7 pp7th least demanding of 14
ROIC minus cost of capital+3.1 pp+1.3 pp9th highest of 20
EV / EBITDA4.7×9.6×cheapest of 13
Net debt / EBITDA-2.6×0.9×3rd least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Mitsubishi Research Institute 3636.TJapan$489M+8%+4%7%11.2×-9.9%+4.1%
Jianerkang Medical 603205.SSChina$487M-19%-2%14%n/a-2.9%-8.8%
GPI GPI.MIItaly$487M-3%+2%6%15.4×n/an/a
C.E. Info Systems MAPMYINDIA.NSIndia$486M-13%+3%31%25.5×31.1%+25.5%
LINE Pay Taiwan 7722.TWTaiwan$484M-16%+20%6%18.3×n/an/a
Shenzhen Water Planning & Design Institute 301038.SZChina$484M-26%+6%8%n/a20.2%-1.9%
eGuarantee 8771.TJapan$482M-5%+5%48%19.4×-6.7%+8.3%
Hunan Airbluer Environmental Protection Technology 301259.SZChina$498M-47%-43%-17%n/an/an/a
Shanghai Model Organisms Center 688265.SSChina$503M+7%+14%-1%n/an/an/a
Coor Service Management COOR.STSweden$475M-16%-1%5%12.7×-8.2%+5.4%
MHA MHA.LUnited Kingdom$504M-4%+12%15%11.7×-15.0%+30.6%
Italian Exhibition IEG.MIItaly$505M+14%+4%18%13.2×-4.8%+28.4%
Hangzhou Landscape Architecture Design Institute 300649.SZChina$473M+24%-24%-39%n/an/an/a
Anhui Guqi Down and Feather Textile 001390.SZChina$472M-26%+9%16%17.6×n/an/a
Diversified Royalty DIV.TOCanada$507M-6%+15%86%17.7×13.0%+18.3%
Gabia 079940.KSSouth Korea$468M+64%+12%14%n/a1.0%+14.7%
Pony Testing 300887.SZChina$513M-35%-2%-12%31.4×n/an/a
Western Regions Tourism Development 300859.SZChina$513M-30%-13%15%25.4×38.8%+44.7%
adesso ADN1.DEGermany$513M+31%+13%4%16.8×2.1%+22.9%
Medley 4480.TJapan$463M+2%+24%8%28.4×16.0%+40.0%
Prestige International 4290.TJapan$518M-4%+10%13%13.4×-12.4%+11.8%

Questions

Which companies are Mitsubishi Research Institute's closest peers?
The cockpit's peer set: Jianerkang Medical (603205.SS), GPI (GPI.MI), C.E. Info Systems (MAPMYINDIA.NS), LINE Pay Taiwan (7722.TW), Shenzhen Water Planning & Design Institute (301038.SZ), eGuarantee (8771.T), Hunan Airbluer Environmental Protection Technology (301259.SZ), Shanghai Model Organisms Center (688265.SS).
Is Mitsubishi Research Institute expensive compared with its peers?
On forward p/e it trades at 11.2× against a peer median of 17.7×, cheapest of 15 in its peer set. For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -14 pp: the price already allows for a slowdown.
How has Mitsubishi Research Institute stock performed?
Over six months to 6 Nov 2026 the shares returned +8.5% against -5.4% for the median peer; over one year -2.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.