Overview
Information & Communication

Avex Inc.

Avex is a leading Japanese entertainment company operating across three core segments: music, anime/visual content, and international business. The music segment encompasses music content planning, production and sales, digital distribution, music publishing, artist/talent management, merchandising, and concert/event operations. The anime and visual content segment covers anime and film content production, distribution, game software development, and streaming supply, while the overseas segment drives entertainment content planning, production, and distribution across Asia, the Americas, and the Middle East.

Market Cap
¥52.2B
US$332M
EV
¥13.1B
US$83.2M
Stock¥1,227▲+2.08%
US$1 = ¥157.25 (2026-10-30)
LTM EV/EBITDA
2.5
x
LTM EV/EBIT
3.0
x
LTM PER
16.2
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-19.1%pt
100
Nov 4, 25 – Oct 30, 26StockTOPIX
MC → EV Bridge
52.2BUS$332MMarket Cap0.91BUS$5.77M+ Debt34.0BUS$216M− Cash7.34BUS$46.7M− Inv. Sec.1.37BUS$8.72M+ NCI13.1BUS$83.2MEV
AI Briefing
Avex spans music, anime/visual content and international entertainment via a 39-company group with global IP and artist management reach. FY26/3 revenue ¥147B with OP swinging back to ¥4.1B (2.8%), recovering from FY25/3's operating loss. CyberAgent holds the top stake at 12.94%, alongside a founder-linked holder (Tee's Capital), framing a notable strategic/insider ownership structure atop the register.
Performance & Balance
Revenue 5Y (¥B)
98.4US$626M'22/3122US$773M'23/3133US$848M'24/3132US$837M'25/3147US$932M'26/3
EBITDA 5Y (¥B)
4.75US$30.2M'22/35.73US$36.4M'23/33.04US$19.3M'24/3-0.21-US$1.35M'25/35.53US$35.1M'26/3
Net Income 5Y (¥B)
0.92US$5.84M'22/32.74US$17.4M'23/30.99US$6.28M'24/31.14US$7.24M'25/33.55US$22.6M'26/3
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
53.2US$339M0.02US$0.10M'22/357.4US$365M0.01US$0.06M'23/355.3US$352M0.01US$0.04M'24/345.5US$290M0.26US$1.64M'25/341.3US$263M0.24US$1.55M'26/3
Shareholders
Top 10 hold 50.5%
1
CyberAgent,Inc.
12.94%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.44%
3
T's Capital Ltd.
8.00%
4
Max 2000 Co., Ltd.
5.41%
5
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
3.12%
6
Custody Bank of Japan, Ltd. (Trust Account)
2.57%
7
DAIICHIKOSHO CO.,LTD.
2.40%
8
Katsuto MATSUURA
2.13%
9
Yasuyoshi YANAGISAWA
1.76%
10
Shinji HAYASHI
1.72%
Management
8 officers
Katsuto MATSUURA
Representative Director, Chairman
Apr 1988 Established the Company Mar 1991 Director of the Company Mar 1991 Senior Managing Director of the Company Mar 1996 General Manager, Product Business Division of the Company Jun 2000 Executive Officer of the Company Aug 2002 General Manager, Production and Promotion Business Division of the Company Aug 2004 Senior Managing Director of the Company; resigned as Director Aug 2004 Executive Officer of the Company Sep 2004 Representative Director, President of the Company Apr 2010 Representative Director, President and CEO of the Company; in charge of President's Office Jul 2013 Director, Avex International Holdings Singapore Pte. Ltd. (now Avex Southeast Asia Pte. Ltd.) (current) Oct 2013 Representative Director, Chairman, Avex Management Inc. Dec 2014 Representative Director, Chairman, AWA Inc. Jun 2018 Representative Director, Chairman and CEO of the Company Jul 2018 In charge of Representative Office and CEO Direct Division of the Company Apr 2019 In charge of Technology Division of the Company Jun 2020 Representative Director, Chairman of the Company (current) Jul 2020 Representative Director, Chairman, Avex Creative Factory Inc. (current)
1964-10-01
Katsumi KUROIWA
Representative Director, President and CEO
May 2001 Joined Axive Inc. (now Avex Management Inc.) Apr 2005 Director, Avex Live Creative Inc. (now Avex Entertainment Inc.) Apr 2010 Executive Officer, Avex Live Creative Inc. (now Avex Entertainment Inc.) Jun 2012 Representative Director, President, Avex Live Creative Inc. (now Avex Entertainment Inc.) Oct 2013 Executive Officer, Avex International Holdings Singapore Pte. Ltd. (now Avex Southeast Asia Pte. Ltd.) Jun 2016 Corporate Executive Officer of the Company Jan 2017 Group Executive Officer of the Company Apr 2017 Representative Director, President, Avex Entertainment Inc. (current) Apr 2017 Director, Avex Management Inc. Apr 2017 Director, Avex Classics International Inc. Jun 2018 Representative Director, President and COO of the Company Jun 2018 Director, Avex Asia Pte. Ltd. (now Avex Southeast Asia Pte. Ltd.) (current) Jun 2018 Director, Avex Taiwan Inc. Jul 2018 General Manager, Business Integration Division of the Company Apr 2019 In charge of New Business Promotion Division of the Company Jun 2020 Representative Director, President and CEO of the Company (current) Jun 2020 In charge of Technology Division of the Company Jun 2021 General Manager, Corporate Strategy Division of the Company Jun 2022 Director, Avex USA Inc. Apr 2025 Director, Avex Music Group LLC (current)
1972-01-19
Shinji HAYASHI
Representative Director, CFO; Director in charge of Management Administration Division; Director in charge of Human Resources and General Affairs Division; Director in charge of Accounting and Legal Affairs Division; Member, Compliance Committee; Member, Nomination and Compensation Committee; Compliance Officer; Risk Management Officer
May 1990 Joined the Company Apr 1993 Director of the Company Jun 1996 Managing Director of the Company Jun 2000 Executive Officer of the Company Aug 2002 General Manager, Programming Division of the Company Jan 2009 Director, Avex Management Inc. Apr 2010 Representative Director, CBO of the Company; Compliance Officer (current) Apr 2010 Representative Director, President, Avex Marketing Inc. (now Avex Entertainment Inc.) Jun 2014 Representative Director, CMO of the Company Jun 2016 Director, Corporate Executive Officer, COO of the Company; Chairman, Compliance Committee; Member, Compensation Committee (now Nomination and Compensation Committee) (current); Risk Management Officer (current) Jan 2017 Director, COO of the Company Apr 2017 Director, Avex Entertainment Inc. Jun 2018 Representative Director, CFO of the Company (current) Jul 2018 Director in charge of Management Administration Division (current) Jul 2018 Director in charge of Human Resources and General Affairs Division (current) Jul 2018 Director in charge of Accounting and Legal Affairs Division (current) Apr 2019 In charge of Public Relations Office of the Company Jun 2020 Member, Compliance Committee of the Company (current)
1964-06-08
Toru KENJO
Director (Non-Executive)
Sep 1991 Director and Head of Editorial Department, KADOKAWA Shoten Publishing Co., Ltd. (now KADOKAWA Corporation) Nov 1993 Founded Gentosha Inc.; Representative Director, President (current) Oct 2005 Representative Director, President, Touchdown Inc. (current) Jun 2010 Non-Executive Director of the Company (current) Aug 2023 Advisor, Avex Entertainment Inc. (current)
1950-12-29
Yurina TAKIGUCHI
Outside Director
Apr 2008 Affiliated with St. Force Inc. (current) Jun 2014 Sub-anchor, News Morning Satellite, TV Tokyo Apr 2017 Anchor, Nikkei CNBC Apr 2019 Editor and Communications Director, Forbes JAPAN Sep 2021 Advisory Board Member, Faculty of Engineering, The University of Tokyo (current) Jun 2022 Outside Director, SBI Shinsei Bank, Ltd. (current) Jul 2022 Representative Director, Globe8 Inc. (current) May 2023 Outside Director, TerraSky Co., Ltd. (current) Jun 2024 Outside Director of the Company (current)
1987-08-01
Nobuyuki KOBAYASHI
Director and Audit and Supervisory Committee Member (Full-time)
Oct 1998 Joined Avex Distribution Inc. (now Avex Entertainment Inc.) Jul 1999 Director, Avex Distribution Inc. Apr 2004 Managing Director, Avex Distribution Inc. Apr 2007 Director, Avex Marketing Inc. (now Avex Entertainment Inc.) May 2010 Executive Officer and General Manager, Second Sales Promotion Division, Avex Marketing Inc. Jul 2011 Executive Officer and General Manager, Administration Division, Avex Marketing Inc. Jun 2013 Full-time Audit and Supervisory Board Member of the Company Mar 2015 Audit and Supervisory Board Member, Anime Times Co., Ltd. (current) Feb 2016 Outside Audit and Supervisory Board Member, NexTone Inc. (current) Jun 2020 Full-time Director and Audit and Supervisory Committee Member of the Company (current)
1956-09-04
Yoshihide SUGIMOTO
Outside Director and Audit and Supervisory Committee Member; Chairman, Nomination and Compensation Committee
Dec 2009 Registered as attorney-at-law (current); joined Suda Kiyo Law Office Apr 2011 Established Legal Partners Law Office (now Anshin Partners Law Office) Dec 2015 Outside Director, Branjista Inc. (current) May 2017 Advisor, Beijing Dacheng Law Offices (current) May 2018 Advisor, Zhongchuan Yuezhong (Beijing) Culture Development Co., Ltd. (current) Sep 2018 Outside Director, NATTY SWANKY Inc. (now NATTY SWANKY Holdings Inc.) (current) Jun 2020 Outside Director and Audit and Supervisory Committee Member of the Company (current) Jun 2020 Chairman, Compensation Committee (now Nomination and Compensation Committee) of the Company (current) Apr 2022 Outside Audit and Supervisory Board Member, Sheila Technologies Inc. (now Sheila Holdings Inc.) Jun 2025 Outside Director and Audit and Supervisory Committee Member, Ai Robotics Inc. (current) Aug 2025 Outside Director and Audit and Supervisory Committee Member, Sheila Holdings Inc. (current)
1980-10-31
Megumi YASUDA
Outside Director and Audit and Supervisory Committee Member; Member, Nomination and Compensation Committee
Oct 1999 Joined Chuo Audit Corporation Apr 2004 Registered as Certified Public Accountant Sep 2006 Joined Arata Audit Corporation (now PwC Japan LLC) Jul 2008 Joined Seisen Audit Corporation Jul 2016 Head, Megumi Yasuda CPA Office (current) Apr 2020 Part-time Lecturer, Showa Women's University Jun 2021 Outside Audit and Supervisory Board Member, Soken Chemical & Engineering Co., Ltd. (current) Apr 2022 Member, Bid Monitoring Committee, Japan Meteorological Agency (current) Apr 2023 Visiting Associate Professor, Department of Accounting and Finance, Faculty of Global Business, Showa Women's University (current) Sep 2023 Outside Audit and Supervisory Board Member, Monogatari Corporation (current) Jun 2024 Outside Director and Audit and Supervisory Committee Member of the Company (current) Jun 2024 Member, Nomination and Compensation Committee of the Company (current) Jun 2026 Outside Audit and Supervisory Board Member, Marvelous Inc. (current)
1973-01-21
Large Shareholding Reports
3D Investment Partners Pte. Ltd.
2024-03-28
5.59%→4.55%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-03
株主総会招集通知
TDnet
2026-04-27
業績予想の修正
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-03-28
Large Shareholding Report
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-08
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-08
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-05
Quarterly Securities Report
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