Professional
Added to YB: 2025-08-04
Pitch date: 2025-07-31
9928.T [neutral]
Miroku Jyoho Service Co., Ltd.
+1.48%
current return
Author Info
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Company Info
Miroku Jyoho Service Co., Ltd. provides systems and solutions to tax accounting and CPA firms, and their client companies, and small/mid-sized companies in Japan.
Market Cap
JPY 55.7B
Pitch Price
JPY 1.8K
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.75
P/E
11.50
EV/Sales
1.01
Sector
Software
Category
growth
Hurdle Rate Portfolio Holding: Miroku Jyoho Service Co., Ltd.
9928.T (holding update): Weak Q1 on surface but strategic shift to subscription (+¥529m) offsetting license sales (-¥680m). 4% YoY revenue growth, recurring revenue expanding as % of business with margin improvement expected. Lower profit due to investment in new graduate hiring.
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