Prices as of 2026/10/30 close
Company comparison · Consulting & Think Tanks




NRI is the largest by revenue at ¥814.7B, followed by BayCurrent (¥148.3B), Nihon M&A Center (¥50.3B) and QRI Holdings (¥16.6B).
Nihon M&A Center has the highest operating margin at 37.3%, 30.2 points above the lowest, NRI (7.2%).
Revenue growth in the latest results: BayCurrent +27.8%, Nihon M&A Center +14.0%, NRI +6.5%, QRI Holdings +0.3%. For next year, NRI guides for the fastest operating profit growth (+200.3%).
BayCurrent pays more on average — ¥13.5M against ¥13.3M at NRI.
Over the past year the shares moved BayCurrent +66.5%, NRI +9.3%, QRI Holdings −9.7%, Nihon M&A Center −18.3%.
Head-to-head wins15 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
NRI aheadNRI 2 : BayCurrent 1 : Nihon M&A Center 0 : QRI Holdings 0
Revenue: NRI ¥814.7B / BayCurrent ¥148.3B / Nihon M&A Center ¥50.3B / QRI Holdings ¥16.6B
ProfitabilityInvestors
BayCurrent aheadNRI 0 : BayCurrent 2 : Nihon M&A Center 1 : QRI Holdings 0
Operating margin: NRI 7.2% / BayCurrent 34.3% / Nihon M&A Center 37.3% / QRI Holdings 28.8%
GrowthInvestors
BayCurrent aheadNRI 1 : BayCurrent 3 : Nihon M&A Center 0 : QRI Holdings 1
Revenue growth (YoY): NRI +6.5% / BayCurrent +27.8% / Nihon M&A Center +14.0% / QRI Holdings +0.3%
Stock & balance sheetInvestors
BayCurrent aheadNRI 0 : BayCurrent 2 : Nihon M&A Center 0 : QRI Holdings 0
Share price, 1 year: NRI +9.3% / BayCurrent +66.5% / Nihon M&A Center −18.3% / QRI Holdings −9.7%
Pay & workforceJob seekers
EvenNRI 1 : BayCurrent 1 : Nihon M&A Center 0 : QRI Holdings 0
Average salary: NRI ¥13.3M / BayCurrent ¥13.5M
| Metric | NRI | BayCurrent | Nihon M&A Center | QRI Holdings |
|---|---|---|---|---|
| Revenue | ◎¥814.7B | ¥148.3B | ¥50.3B | ¥16.6B |
| Operating profit | ◎¥58.3B | ¥50.9B | ¥18.8B | ¥4.8B |
| Net income | ¥15.3B | ◎¥37.8B | ¥12.5B | ¥2.7B |
| Metric | NRI | BayCurrent | Nihon M&A Center | QRI Holdings |
|---|---|---|---|---|
| Operating margin | 7.2% | 34.3% | ◎37.3% | 28.8% |
| Net margin | 1.9% | ◎25.5% | 24.8% | 16.5% |
| ROE | — | — | — | 39.2% |
| Revenue per employee | ¥102M | ◎¥250M | — | — |
| Metric | NRI | BayCurrent | Nihon M&A Center | QRI Holdings |
|---|---|---|---|---|
| Revenue growth (YoY) | +6.5% | ◎+27.8% | +14.0% | +0.3% |
| Operating profit growth (YoY) | −56.8% | ◎+19.5% | +12.2% | −42.1% |
| Revenue CAGRlast 5 years | +8.2% | ◎+28.2% | +7.6% | — |
| Guidance: revenue growthnext FY plan | +4.3% | +28.1% | +5.1% | ◎+33.6% |
| Guidance: op. profit growthnext FY plan | ◎+200.3% | +27.2% | +2.9% | +25.4% |
| Metric | NRI | BayCurrent | Nihon M&A Center | QRI Holdings |
|---|---|---|---|---|
| Share price, 1 year | +9.3% | ◎+66.5% | −18.3% | −9.7% |
| Share price, 3 months | +11.8% | ◎+61.3% | −11.7% | +9.8% |
| P/E (trailing)lower = cheaper | — | — | — | 21.3x |
| Equity ratio | — | — | — | 62.8% |
| Share price (close) | ¥6,232 | ¥11,825 | ¥619.5 | ¥1,020 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | NRI | BayCurrent | Nihon M&A Center | QRI Holdings |
|---|---|---|---|---|
| Average salary | ¥13.3M | ◎¥13.5M | — | — |
| Starting salary (monthly) | ¥336,500 | — | — | — |
| Average tenure | ◎13.7 yrs | 4.0 yrs | — | — |
| Average age | 39.7 | 31.2 | — | — |
| Employees | 7,982 | 593 | — | — |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥6,232+9.3% (1Y)
NRI +9.3% over 1Y. Compared: BayCurrent +66.5%, Nihon M&A Center -18.3%, QRI Holdings -9.7%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
NRI4 segments
BayCurrent1 segments
Nihon M&A Center1 segments
QRI Holdings3 segments
AAverage annual salary from the securities filings: BayCurrent ¥13.5M, NRI ¥13.3M. BayCurrent pays the most. Averages also depend on staff age and job mix, so check the average age too (NRI 39.7, BayCurrent 31.2).
ARevenue in the latest results: NRI ¥814.7B, BayCurrent ¥148.3B, Nihon M&A Center ¥50.3B, QRI Holdings ¥16.6B. NRI is the largest by revenue at ¥814.7B, followed by BayCurrent (¥148.3B), Nihon M&A Center (¥50.3B) and QRI Holdings (¥16.6B).
AOperating margins: Nihon M&A Center 37.3%, BayCurrent 34.3%, QRI Holdings 28.8%, NRI 7.2%. Nihon M&A Center turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): BayCurrent +66.5%, NRI +9.3%, QRI Holdings −9.7%, Nihon M&A Center −18.3%. BayCurrent has risen the most.




Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.