| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 1606.31 | -16 |
| Intrinsic value (DCF) | 94200.98 | 4811 |
| Graham-Dodd Method | 2014.28 | 5 |
| Graham Formula | 6932.05 | 261 |
Media Research Institute, Inc. (9242.T) is a Japan-based company specializing in student event management and employment-related projects. Founded in 1993 and headquartered in Fukuoka City, the company operates in the staffing and employment services sector, focusing on career support initiatives for students. Its business model revolves around planning, managing, and executing employment-related events, bridging the gap between students and potential employers. As part of the industrials sector, Media Research Institute plays a crucial role in Japan's labor market by facilitating early career engagement. The company's strong cash position (JPY 1.1 billion) and debt-free balance sheet underscore its financial stability in a competitive industry. With a market capitalization of approximately JPY 1.88 billion, the firm maintains a conservative beta of 0.664, suggesting lower volatility compared to broader markets. The company's niche focus on student employment services positions it uniquely within Japan's evolving workforce development landscape.
Media Research Institute presents a specialized investment opportunity in Japan's employment services sector, with a focused business model in student career events. The company's strengths include a debt-free balance sheet, strong cash reserves (110% of market cap), and consistent profitability (JPY 105 million net income in FY2024). However, the lack of dividend payments and modest revenue growth (JPY 1.16 billion) may limit appeal to income-focused investors. The low beta suggests defensive characteristics, but investors should consider Japan's demographic challenges (declining student populations) as a long-term risk. The company's cash-rich position (JPY 1.1 billion) could enable strategic acquisitions or expansion, though current capital expenditures remain minimal (JPY -3.5 million).
Media Research Institute occupies a niche position in Japan's staffing industry by specializing exclusively in student-focused employment events. This differentiation allows targeted service offerings but limits revenue diversification compared to broader staffing firms. The company's competitive advantage stems from deep relationships with educational institutions and employers, though its regional concentration in Fukuoka may constrain national scalability. With zero debt and significant cash reserves, the firm maintains financial flexibility uncommon in the capital-intensive staffing sector. However, its small scale (JPY 1.16B revenue) makes it vulnerable to competition from larger staffing conglomerates with diversified service portfolios. The lack of technological differentiation in event management could become a weakness as digital recruitment platforms gain prominence. While operating cash flow remains positive (JPY 128M), stagnant capital investment suggests limited organic growth ambitions. The company's specialized focus provides insulation from general staffing market fluctuations but increases exposure to Japan's shrinking student demographic.