# Quants Research Institute Holdings vs Strike Group

> Unit: JPY millions (ratios in %)
> Periods: Quants Research Institute Holdings = FY ending Sep 2025, consolidated, IFRS / Strike Group = FY ending Sep 2025, non-consolidated, J-GAAP
> Retrieved: 2026-09-30T18:29:17.492Z

| Metric | Quants Research Institute Holdings | Strike Group |
| --- | ---: | ---: |
| Revenue | 16,603 | 20,314 |
| Operating income | 4,778 | 6,332 |
| Net income | 2,747 | 4,720 |
| COGS ratio | 39.6% | 41.3% |
| Operating margin | 28.8% | 31.2% |
| Net margin | 16.5% | 23.2% |
| FCF margin | 7.1% | 17.7% |
| Period | FY ending Sep 2025 | FY ending Sep 2025 |
| Source | S100XDNQ | S100XAN1 |

## 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 | Quants Research Institute Holdings | Strike Group |
| --- | ---: | ---: |
| Revenue growth | — | 75 (6 peers) |
| Profitability | 61.1 (9 peers) | 72.2 (9 peers) |
| Cash conversion | 21.4 (7 peers) | 35.7 (7 peers) |
| Efficiency | 83.3 (9 peers) | 61.1 (9 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/quants-research-institute-holdings/md
- https://vizora.meequs.com/en/company/strike-group/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).
