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Miroku Jyoho Service Reports 19% Net Profit Surge

Miroku Jyoho Service Co. Ltd. posted a double-digit increase in net profit for the nine months ending December 31, 2024, as the Japanese financial software provider benefited from steady revenue growth. The company reported a net profit of ¥4.24 billion, up from ¥3.56 billion in the same period a year earlier.

The Tokyo-listed firm saw its nine-month revenue climb to ¥36.53 billion, compared to ¥34.74 billion in the prior fiscal year. This growth translated to the operating level, where profit reached ¥5.10 billion, a steady increase from the ¥4.89 billion recorded in the previous period.

Growth in Shareholder Value

Pretax profits followed a similar upward trajectory, rising to ¥5.24 billion from ¥4.97 billion. The bottom-line expansion significantly boosted shareholder returns, with basic earnings per share jumping to ¥141.75, compared to ¥119.06 a year ago. Diluted earnings per share were reported at ¥137.90.

According to the company's financial statement, these results were prepared in accordance with Japanese accounting standards. The figures underscore the company's stable market position within Japan’s enterprise software and tax accounting services sector as of December 31, 2024.

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