Overview
Retail Trade

Kurashicom Inc.

Kurashicom operates 'Hokuou, Kurashi no Dougu-ten' (The Tools for Life from Northern Europe), a life culture platform combining D2C e-commerce with original content publishing. The company sells apparel, kitchenware, and interior goods—approximately 55% of which are proprietary original brand products—directly to consumers through its own website, bypassing third-party EC marketplaces. In addition to D2C commerce, the company provides brand solution services to national-brand clients, leveraging its strong community and content production capabilities through offerings such as sponsored editorial content (BRAND NOTE), branded video (BRAND MOVIE), and co-developed product initiatives.

Market Cap
¥13.1B
US$83.1M
EV
¥7.70B
US$48.9M
Stock¥1,772▲+1.84%
US$1 = ¥157.25 (2026-10-30)
LTM EV/EBITDA
4.8
x
LTM EV/EBIT
5.0
x
LTM PER
12.6
x
LTM PBR
2.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-35.9%pt
100123
Nov 4, 25 – Oct 30, 26StockTOPIX
1Jan 28, 26Disappointing Q3 earnings
2Jun 16, 26Q3 FY2026/07 earnings announced
3Sep 15, 26Full-year FY2026/07 earnings announced; Board approved share buyback
MC → EV Bridge
13.1BUS$83.1MMarket Cap0.06BUS$0.40M+ Debt5.43BUS$34.5M− Cash0.00BUS$0.00M− Inv. Sec.7.70BUS$48.9MEV
AI Briefing
Kurashicom runs 'Hokuou, Kurashi no Dougu-ten', a D2C lifestyle e-commerce platform with ~55% proprietary goods plus brand solution services for national advertisers. FY26/7 revenue ¥10.3B with OP ¥1.5B (14.8% margin), scaling steadily from ¥6.1B in FY23/7. Founder-controlled (Aoki ~55% stake) at ¥12.8B cap and EV/EBITDA ~4.7x LTM — tightly held, no tender offer in play.
Performance & Balance
Revenue 5Y (¥B)
5.16US$32.8M'22/76.06US$38.5M'23/77.01US$44.6M'24/78.49US$54.0M'25/710.3US$65.8M'26/7
EBITDA 5Y (¥B)
0.85US$5.38M'22/70.98US$6.25M'23/71.13US$7.16M'24/71.14US$7.26M'25/71.58US$10.0M'26/7
Net Income 5Y (¥B)
0.56US$3.57M'22/70.70US$4.42M'23/70.79US$4.99M'24/70.72US$4.55M'25/71.04US$6.58M'26/7
Capital Structure
99%
EquityD/E 0.01xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.39US$15.2M0.18US$1.14M'22/74.34US$27.6M'23/74.20US$26.7M0.15US$0.97M'24/74.73US$30.1M0.10US$0.66M'25/75.43US$34.5M0.06US$0.40M'26/7
Shareholders
Top 10 hold 88.1%
1
Kohei AOKI
54.91%
2
Tomoko SATO
12.01%
3
Custody Bank of Japan, Ltd. (Trust Account)
7.75%
4
GOLDMAN,SACHS & CO.REG (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
4.67%
5
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
3.25%
6
NORTHERN TRUST CO.(AVFC)RE NON TREATY CLIENTS ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.21%
7
SBI SECURITIES Co., Ltd.
1.05%
8
Dai FUKAI
0.95%
9
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
0.67%
10
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
0.62%
Management
8 officers
Kohei AOKI
Representative Director, President
Sep. 2002 Joined Japan Elevator Service Co., Ltd. (now Japan Elevator Service Holdings Co., Ltd.); Nov. 2005 Joined Nippon Lifts Engineering Co., Ltd.; Feb. 2006 Co-founded Elevator Communications Co., Ltd., serving as Director; Sep. 2006 Founded the Company, Representative Director, President & CEO (current); Mar. 2023 Director, Mirrativ, Inc. (current)
1972-08-08
Tomoko SATO
Director, Executive Vice President
Sep. 2006 Director of the Company; Nov. 2020 Director and General Manager, EC Media Division; Oct. 2023 Director, Executive Vice President and General Manager, EC Media Division (current)
1975-12-31
Yohei YAMAGUCHI
Director & CFO
Apr 2004 Joined Tohmatsu Audit Corporation (now Deloitte Touche Tohmatsu LLC) Dec 2011 Joined Nissan Light Truck Co., Ltd. (now Nissan Automotive Technology Co., Ltd.) Jan 2015 Founded Yohei Yamaguchi Certified Public Accountant Office; Director (current) May 2015 Statutory Auditor, BASE Inc. Jul 2018 Statutory Auditor of the Company Oct 2020 Director, Audit and Supervisory Committee Member of the Company Oct 2022 Director, CFO and General Manager, Corporate Platform Division of the Company (current)
1981-04-03
Yuko ICHIKAWA
Director (Audit & Supervisory Committee Member)
Apr. 1993 Joined NEC Corporation; Nov. 2002 Transferred to NEC Electronics Corporation (now Renesas Electronics Corporation); Oct. 2005 Joined Rakuten, Inc. (now Rakuten Group, Inc.); Jun. 2016 General Manager, IR Division, same company; Mar. 2018 Director, Allied Architects, Inc.; May 2019 Founded Market River Co., Ltd., Representative Director (current); Jun. 2019 Director, Stroly Inc. (current); Mar. 2020 Director (Audit & Supervisory Committee Member), Allied Architects, Inc.; Oct. 2020 Audit & Supervisory Board Member, Your My Star Co., Ltd. (current); Director (Audit & Supervisory Committee Member) of the Company (current); Jun. 2021 Director, Asahi Diamond Industrial Co., Ltd. (current); Jun. 2024 Director, Will Group, Inc. (current)
1970-12-26
Yoichi WADA
Director (Audit & Supervisory Committee Member)
Apr 1984 Joined Nomura Securities Co., Ltd. Apr 2000 Joined Square Co., Ltd. Dec 2001 Representative Director and CEO, Square Co., Ltd. Apr 2003 Representative Director, President, Square Enix Co., Ltd. (now Square Enix Holdings Co., Ltd.) Aug 2016 Outside Director, Wonderplanet Inc. (current) Mar 2018 Outside Director, MyNet Inc. (current) Sep 2021 Outside Director, Yumeshin B-Next Group Inc. (now Openup Group, Inc.) (current) Jun 2022 Outside Director, Cover Corporation (current) Oct 2024 Director (Audit and Supervisory Committee Member), the Company (current)
1959-05-28
Yoshito KURANUKI
Director & CTO
Apr. 1993 Joined Toyo Information Systems Co., Ltd. (now TIS Inc.); Jul. 2011 Founded SonicGarden Inc., Representative Director (current); Jul. 2012 Co-founded Ishuran Inc., Director (current); Jul. 2018 Outside Director of the Company; Oct. 2020 Director (Audit & Supervisory Committee Member) of the Company; Oct. 2024 Director & CTO (current)
1974-05-01
Yumiko TERADA
Director (Audit & Supervisory Committee Member)
Oct. 2005 Registered as Attorney-at-Law (Osaka Bar Association); Joined Osaka Public Law Office; Apr. 2010 Partner, Asunaro Law Office; Oct. 2013 Founded Arcus Law Office, Partner (current); May 2015 Director, NPO Finnish Human Resource Development Institute; Sep. 2017 Director, Smart Value Inc.; Sep. 2020 Nomination Committee Member and Compensation Committee Member, same company; Representative Director, Osaka World Studio Inc. (current); Dec. 2020 Visiting Professor, Kobe University (current); Mar. 2021 Audit & Supervisory Board Member, Stroly Inc. (current); Mar. 2022 Director (Audit & Supervisory Committee Member), Fuji Iryoki Co., Ltd.; Mar. 2022 Director (Audit & Supervisory Committee Member), Segue Group Co., Ltd. (current); Jun. 2022 Audit & Supervisory Board Member, Loss Zero Co., Ltd. (current); Oct. 2022 Director (Audit & Supervisory Committee Member) of the Company (current)
1977-05-01
Junichi SATO
Director (Audit and Supervisory Committee Member)
Apr 1993 Joined Toshiba CAE Systems Co., Ltd. (now Toshiba Corporation) Dec 1998 Joined E-C One Co., Ltd. (now ULS Consulting Co., Ltd.) Aug 2004 Founded Trust Convection Co., Ltd.; Representative Director Aug 2012 Transferred following the business integration of Trust Convection Co., Ltd. and KAYAC Inc. Aug 2012 Executive Officer in charge of Group Strategy, KAYAC Inc. (current) May 2017 Director, Inamuragasaki 3-chome Real Estate Co., Ltd. (now Kamakura R Real Estate Co., Ltd.) (current) Mar 2022 Director, Reach Alternatives (Specified Nonprofit Corporation) (current) Feb 2024 Director, Eiji Press Inc. (current) Aug 2026 Director, Brain Service Co., Ltd. (current) Oct 2026 Director (Audit and Supervisory Committee Member), the Company (current)
1968-12-06
Large Shareholding Reports
Kohei AOKI
2025-11-28
54.91%→54.91%
Annual report (as of 2026-07-31): 54.91%
VARECS Partners Limited
2025-04-11
8.62%→9.62%
VARECS Partners Limited
2024-06-27
7.59%→8.62%
VARECS Partners Limited
2024-01-11
7.59%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-28
Annual Securities Report
Period: Aug 2025 – Jul 2026
TDnet
2026-09-14
Full-Year Earnings Flash
FY ending Jul 2026
TDnet
2026-06-15
Q3 Earnings Flash
FY ending Jul 2026
EDINET
2026-03-16
Semi-Annual Securities Report
Period: Aug 2025 – Jul 2026
TDnet
2025-12-15
Q1 Earnings Flash
FY ending Jul 2026
EDINET
2025-11-28
Large Shareholding Report
EDINET
2025-10-28
Annual Securities Report
Period: Aug 2024 – Jul 2025
TDnet
2025-09-12
Full-Year Earnings Flash
FY ending Jul 2025
TDnet
2025-06-13
Q3 Earnings Flash
FY ending Jul 2025
EDINET
2025-04-11
Large Shareholding Report
EDINET
2025-03-17
Semi-Annual Securities Report
Period: Aug 2024 – Jul 2025
TDnet
2024-12-13
Q1 Earnings Flash
FY ending Jul 2025
EDINET
2024-10-30
Annual Securities Report
Period: Aug 2023 – Jul 2024
EDINET
2024-06-27
Large Shareholding Report
EDINET
2024-06-14
Quarterly Securities Report
Period: Feb 2024 – Apr 2024
EDINET
2024-03-15
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2024-01-11
Large Shareholding Report
EDINET
2023-12-15
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-10-30
Annual Securities Report
Period: Aug 2022 – Jul 2023
EDINET
2023-06-14
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-03-15
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINETAmended
2023-03-15
Amended Quarterly Securities Report
Period: Aug 2022 – Oct 2022
EDINET
2022-12-14
Quarterly Securities Report
EDINET
2022-10-31
Annual Securities Report
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