# M&A Capital Partners vs Quants Research Institute Holdings

> Unit: JPY millions (ratios in %)
> Periods: M&A Capital Partners = FY ending Sep 2025, consolidated, IFRS / Quants Research Institute Holdings = FY ending Sep 2025, consolidated, IFRS
> Retrieved: 2026-09-30T18:29:46.037Z

| Metric | M&A Capital Partners | Quants Research Institute Holdings |
| --- | ---: | ---: |
| Revenue | 22,449 | 16,603 |
| Operating income | 7,127 | 4,778 |
| Net income | 5,071 | 2,747 |
| COGS ratio | 37.0% | 39.6% |
| Operating margin | 31.7% | 28.8% |
| Net margin | 22.6% | 16.5% |
| FCF margin | 42.1% | 7.1% |
| Period | FY ending Sep 2025 | FY ending Sep 2025 |
| Source | S100XCS6 | S100XDNQ |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | M&A Capital Partners | Quants Research Institute Holdings |
| --- | ---: | ---: |
| Revenue growth | — | — |
| Profitability | 83.3 (9 peers) | 61.1 (9 peers) |
| Cash conversion | 64.3 (7 peers) | 21.4 (7 peers) |
| Efficiency | 5.6 (9 peers) | 83.3 (9 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/ma-cp/md
- https://vizora.meequs.com/en/company/quants-research-institute-holdings/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).