Overview
Services

Kyoei Security Service Co.,Ltd.

Kyoei Security Service (KSS Group) is a Japan-based security services company providing a comprehensive range of manned security solutions, including facility guarding, traffic control, event security, bodyguard services, airport fire services, and parking lot management. The company serves a broad client base spanning commercial facilities, office buildings, construction sites, airports, and public events, leveraging a nationwide network of 28 offices and approximately 3,450 employees. Its competitive strengths lie in its scale of mobilization capability, emphasis on guard education quality, and an integrated group structure of 14 companies covering diverse security and facility management needs.

Market Cap
US$25.6M
¥4.09B
EV
US$24.5M
¥3.91B
StockUS$17.70(¥2,826)▲+0.93%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
2.8
x
LTM EV/EBIT
3.4
x
LTM PER
5.9
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.8%pt
100
Nov 14, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$25.6M¥4.09BMarket CapUS$14.6M¥2.33B+ DebtUS$13.9M¥2.22B− CashUS$1.85M¥0.30B− Inv. Sec.US$24.5M¥3.91BEV
AI Briefing
KSS Group runs a 14-company, ~3,450-employee manned security platform across 28 offices, spanning guarding, event security, airport fire response and bodyguard services, with FY26/7 revenue US$95.8M (¥15.3B) and OP US$7.51M (¥1.2B) (7.6%). Founding family vehicle holds 44.71%, with Kyoei-affiliated and employee-ownership entities among top holders. Japan Intelligence flags a founder retirement payout and new directors' retirement plan that together exceed forecast operating profit and would flip a projected profit into a loss, raising questions about board governance and capital allocation.
Beluuga Research · Intelligence
Performance & Balance
Revenue 5Y (US$)
US$50.1M¥8.00B'22/3US$50.2M¥8.02B'23/3US$58.6M¥9.35B'24/3US$63.6M¥10.2B'25/3US$96.1M¥15.3B'26/7
EBITDA 5Y (US$)
US$6.21M¥0.99B'22/3US$3.29M¥0.53B'23/3US$2.64M¥0.42B'24/3US$4.23M¥0.68B'25/3US$8.67M¥1.39B'26/7
Net Income 5Y (US$)
US$4.61M¥0.74B'22/3US$2.82M¥0.45B'23/3US$1.55M¥0.25B'24/3-US$0.24M¥-0.04B'25/3US$4.35M¥0.69B'26/7
Capital Structure
69%
31%
EquityD/E 0.46xDebt
Liquidity vs Debt 5Y (US$)▼ Net Debt
CashInv. Sec.Debt
US$24.5M¥3.91BUS$1.98M¥0.32B'22/3US$21.5M¥3.44BUS$1.51M¥0.24B'23/3US$21.1M¥3.38BUS$5.39M¥0.86B'24/3US$14.2M¥2.27BUS$3.01M¥0.48B'25/3US$14.5M¥2.31BUS$14.6M¥2.33B'26/7
Shareholders
Top 10 hold 79.7%
1
At Planning LLC
44.71%
2
KSS Co., Ltd.
8.41%
3
Max Corporation Co., Ltd.
7.60%
4
Hikari Tsushin, Inc. Investment Limited Partnership (Unlimited Liability Partner: Hikari Tsushin, Inc.)
5.51%
5
Kyoei Security Service Co.,Ltd. Employee Stock Ownership Association
3.42%
6
SECOM CO.,LTD.
3.11%
7
K-mac LLC
2.35%
8
Shigeo MORI
2.21%
9
Makoto MUROYA
1.26%
10
SBI SECURITIES Co., Ltd.
1.16%
Management
6 officers
Atsuki MATSUBAYASHI
Representative Director, President
Apr 1993 Joined Okura Shoji Co., Ltd. Dec 2004 Joined Azusa Audit Corporation (now Azsa LLC) Jul 2014 Director, Eltes Co., Ltd. May 2023 CFO, Pegasus Tech Holdings Co., Ltd. Feb 2024 Joined the Company Jun 2024 Director of the Company Jun 2025 Managing Director of the Company Oct 2026 Representative Director, President of the Company (current)
1969-10-14
Kazufumi AZUMA
Senior Managing Director
Apr 1993 Joined the Company Jul 1998 Director of the Company Jun 2012 Representative Director, President of the Company Jan 2016 Director, President of the Company Jun 2017 Director of the Company Jun 2025 Senior Managing Director of the Company (current)
1962-04-29
Kyoko AZUMA
Director
Apr 2009 Joined Starts Pitat House Co., Ltd. Apr 2011 Joined the Company Sep 2017 Manager, General Affairs Section of the Company May 2025 General Manager, Administration Division of the Company Oct 2026 Director of the Company (current)
1986-06-27
Norihito KOSAKI
Director (Audit and Supervisory Committee Member)
Apr 1985 Joined Fuji Shokuhin Co., Ltd. Feb 1987 Joined Okawa Sash Sangyo Co., Ltd. Apr 2000 Director, M.K. Koken Co., Ltd. Sep 2016 Founded Bigger Corporation Co., Ltd.; Representative Director, President (current) Jun 2025 Director, Audit and Supervisory Committee Member of the Company (current)
1963-01-04
Shinichi WATANABE
Director (Audit and Supervisory Committee Member)
Apr 1985 Joined Fukusei Unyu Co., Ltd. Apr 2000 Director of the same company Jun 2011 Representative Director of the same company (current) Jun 2025 Director, Audit and Supervisory Committee Member of the Company (current)
1962-12-28
Nobuyuki MIYAKE
Director (Audit and Supervisory Committee Member)
Apr 1993 Joined Ajinomoto Co., Inc. Sep 2000 Joined Fine Food Systems Co., Ltd. Feb 2017 Director of the same company Aug 2020 Representative Director, CEO of the same company (current) Jun 2025 Director, Audit and Supervisory Committee Member of the Company (current)
1969-10-16
Large Shareholding Reports
Koutsushin Co., Ltd.
2026-10-16
6.13%→7.14%
Atto Planning Inc.
2026-08-28
44.34%→42.91%
Koutsushin Co., Ltd.
2026-06-03
5.13%→6.13%
Koutsushin Co., Ltd.
2025-09-29
5.01%→5.13%
Koutsushin Co., Ltd.
2025-08-26
5.01%
K.S.S. Co., Ltd.
2025-08-15
5.55%→7.50%
Annual report (as of 2026-07-31): 8.41%
K.S.S. Co., Ltd.
2025-08-12
5.31%→7.50%
Annual report (as of 2026-07-31): 8.41%
Disclosures
Executive Change
2026-09-11
Primary Source Filings
EDINET
2026-10-23
Annual Securities Report
Period: Apr 2025 – Jul 2026
TDnet
2026-10-22
Forecast Revision
EDINET
2026-10-16
Large Shareholding Report
TDnet
2026-09-11
Full-Year Earnings Flash
FY ending Jul 2026
TDnet
2026-09-11
Executive Change
EDINETAmended
2026-08-28
Change Report
EDINET
2026-08-18
Large Shareholding Report
EDINET
2026-06-03
Large Shareholding Report
TDnet
2026-02-13
業績予想の修正
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Jul 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Jul 2026
EDINET
2025-09-29
Large Shareholding Report
EDINET
2025-08-26
Large Shareholding Report
EDINETAmended
2025-08-15
Change Report
TDnet
2025-08-14
業績予想の修正
TDnet
2025-08-14
Q1 Earnings Flash
FY ending Jul 2026
EDINET
2025-08-12
Large Shareholding Report
EDINET
2025-06-30
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-14
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
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