Overview
Information & Communication

MTI Ltd.

MTI Ltd. is a Japan-based digital services company operating across four segments: Contents, Healthcare, School DX, and Other. The Contents segment provides B2C monthly subscription services for video, music, books, comics, and security apps (e.g., AdGuard) for mobile devices, as well as original comic content for distributors. The Healthcare segment offers B2C health services including the women's health app 'Luna Luna' and doctor Q&A service 'Karada Medica,' alongside B2B/B2B2C solutions for medical institutions and municipalities, including online medical consultation, cloud-based pharmacy records, electronic mother-child health booklet apps, and cloud electronic medical records.

Market Cap
US$176M
¥28.2B
EV
US$70.4M
¥11.2B
StockUS$3.17(¥507)▼-2.12%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
2.8
x
LTM EV/EBIT
4.3
x
LTM PER
12.7
x
LTM PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-54.0%pt
1001
Nov 13, 25 – Nov 13, 26StockTOPIX
1Aug 7, 26Q3 FY2026/09 earnings announced
MC → EV Bridge
US$176M¥28.2BMarket CapUS$5.99M¥0.96B+ DebtUS$100M¥16.0B− CashUS$34.0M¥5.43B− Inv. Sec.US$22.4M¥3.58B+ NCIUS$70.4M¥11.2BEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (US$)
US$166M¥26.5B'22/9US$168M¥26.8B'23/9US$173M¥27.7B'24/9US$187M¥29.9B'25/9US$195M¥31.1B'26/9
EBITDA 5Y (US$)
US$16.3M¥2.61B'22/9US$12.5M¥2.00B'23/9US$25.7M¥4.10B'24/9US$26.9M¥4.29B'25/9US$25.0M¥3.99B'26/9
Net Income 5Y (US$)
-US$5.82M¥-0.93B'22/9US$4.72M¥0.75B'23/9US$14.8M¥2.36B'24/9US$21.3M¥3.40B'25/9US$13.9M¥2.22B'26/9
Capital Structure
95%
EquityD/E 0.05xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$98.8M¥15.8BUS$24.6M¥3.93B'22/9US$111M¥17.8BUS$19.9M¥3.18B'23/9US$121M¥19.3BUS$15.2M¥2.43B'24/9US$141M¥22.5BUS$10.6M¥1.69B'25/9US$134M¥21.5BUS$5.99M¥0.96B'26/9
Business Segments
2025/09 · US$ (¥B)
55%
Content business
Revenue
US$108M(¥17.3B)
Segment profit
US$26.7M(¥4.27B)24.7%
21%
Healthcare business
Revenue
US$41.8M(¥6.68B)
Segment profit
-US$0.50M(¥-0.08B)-1.2%
18%
Other business
Revenue
US$34.7M(¥5.54B)
Segment profit
US$5.94M(¥0.95B)17.1%
6.0%
School DX business
Revenue
US$11.8M(¥1.89B)
Segment profit
US$3.45M(¥0.55B)29.1%
Adjustments
Revenue
-US$9.45M(¥-1.51B)
Segment profit
-US$17.2M(¥-2.74B)
Shareholders
Top 10 hold 81.4%
1
Toshihiro MAEDA
21.40%
2
K.M.C. Co., Ltd.
18.11%
3
SIL Investment Limited Partnership
7.82%
4
UHPartners 3 Investment Limited Partnership
7.40%
5
UHPartners 2 Investment Limited Partnership
6.92%
6
Hikari Tsushin KK Investment Limited Partnership
6.21%
7
MEDIPAL HOLDINGS CORPORATION
5.65%
8
The Master Trust Bank of Japan, Ltd. (Trust Account)
2.69%
9
IVY Investment Limited Partnership
2.69%
10
Digimarse Co., Ltd.
2.49%
Management
14 officers
Toshihiro MAEDA
Representative Director, President
Apr 1987 Joined IBM Japan, Ltd. Dec 1988 Joined Hikari Tsushin, Inc. Aug 1989 Director, Hikari Tsushin, Inc. Jul 1994 Managing Director, Hikari Tsushin, Inc. Aug 1996 Established the Company; Representative Director, President (current)
1965-01-19
Hiroshi IZUMI
Director, Vice President; General Manager, Life Entertainment Business Division and Technology Division (in charge of DX Solutions Business Department, Cyber Risk Management Office, CX Division, Compliance Promotion Office, and AI Transformation Lab)
Apr 1987 Joined IBM Japan, Ltd. Jun 1997 Joined Microsoft Corporation Feb 1999 Joined the Company Nov 1999 Executive Officer, the Company Dec 2002 Director, the Company Dec 2004 Director and Senior Executive Officer, the Company Jan 2007 Director and Executive Vice President, the Company Dec 2009 Director, Vice President, the Company (current)
1965-02-26
Hiroshi MATSUMOTO
Senior Managing Director (in charge of IR Office and Business Alliances)
Apr 1992 Joined Fuji Bank, Ltd. (now Mizuho Financial Group, Inc.) May 1999 Joined CAC Corporation (now CAC Holdings Corporation) Oct 2002 Joined USJ Co., Ltd. Oct 2004 Joined the Company Feb 2008 Executive Officer, the Company Jan 2010 Senior Executive Officer, the Company Dec 2010 Director, the Company Dec 2016 Managing Director, the Company Dec 2018 Senior Managing Director, the Company (current)
1969-08-17
Koichi ISHIKAWA
Managing Director; General Manager, Smart Content Business Division (in charge of ERP Solutions Business Department)
Feb 1998 Joined Prodics Inc. Dec 1999 Joined the Company Sep 2004 Joined ITSUMO Inc. Nov 2005 Joined Digimarse Co., Ltd. Aug 2007 Joined Ganners Co., Ltd. May 2010 Joined the Company Jan 2016 Executive Officer, the Company Jan 2019 Senior Executive Officer, the Company Dec 2023 Managing Director, the Company (current)
1975-02-13
Yu ICHINOKURA
Managing Director (in charge of local government service strategy and school service business)
Jun 2011 Joined Saruhiko Coffee Co., Ltd. Apr 2018 Director, Biodata Bank Co., Ltd. (current) Oct 2018 Representative Director, Motivation Works Co., Ltd. (current) Jun 2024 Senior Executive Officer, the Company Dec 2024 Managing Director, the Company (current)
1992-06-10
Muzhi ZHOU
Outside Director
Jun 1995 Researcher, International Development Center of Japan Apr 2002 Associate Professor, Faculty of Economics, Tokyo Keizai University Jan 2005 Visiting Researcher, Policy Research Institute, Ministry of Finance Apr 2007 Professor, Faculty of Economics, Tokyo Keizai University (current) Apr 2007 Visiting Professor, Massachusetts Institute of Technology May 2008 Visiting Scholar, Harvard University Apr 2010 Visiting Professor, University of International Business and Economics Apr 2012 Special Appointment Professor, Chinese Academy of Sciences Dec 2015 Outside Director, the Company (current)
1963-07-02
Akira YAMAMOTO
Outside Director
Apr 2004 Assistant, Graduate School of Economics, The University of Tokyo Apr 2005 Full-time Lecturer, Faculty of Economics, Seikei University Apr 2008 Associate Professor, Faculty of Economics, Seikei University Apr 2014 Associate Professor, Graduate School of Business Administration, Keio University Dec 2015 Outside Director, the Company (current) Apr 2019 Standing Director, Japan Marketing Academy Mar 2020 Outside Director, POLA ORBIS HOLDINGS INC. (current) Apr 2023 Professor, Faculty of Business and Commerce, Keio University (current)
1973-10-02
Ryosuke TSUCHIYA
Outside Director
Apr 2006 Hospital Director, National Cancer Center Hospital (now National Cancer Center, Japan) Feb 2011 Director, Japan Heart and Blood Pressure Research Foundation (now Sakakibara Memorial Foundation) (current) Apr 2011 Director, Japanese Foundation for Cancer Research Apr 2014 President, Kanagawa Prefectural Hospital Organization Jun 2014 Director, Human Science Promotion Foundation Dec 2018 Outside Director, the Company (current) Nov 2019 Outside Director, M-Nes Co., Ltd. (current) Apr 2021 Vice Chairman, Kokusai Gakuen School Corporation Apr 2022 Chairman, Kokusai Gakuen School Corporation May 2024 Director, Kokusai Gakuen School Corporation
1946-01-16
Hideaki WADA
Outside Director
Apr 1997 Joined Hikari Tsushin, Inc. Jun 2004 Director, Hikari Tsushin, Inc. Apr 2007 Managing Director, Hikari Tsushin, Inc. Jun 2009 Senior Executive Officer, General Manager, Information and Telecommunications Business Division, Hikari Tsushin, Inc. Apr 2012 Representative Director, Hello Communications Co., Ltd. Jun 2012 Managing Director, Hikari Tsushin, Inc. Apr 2013 Representative Director, Telecom Service Co., Ltd. Jun 2015 Director, Water Direct Co., Ltd. (now Premium Water Holdings, Inc.) (current) Jun 2017 Vice President, Director, Hikari Tsushin, Inc. Jun 2018 Director, FT Group Co., Ltd. Feb 2019 Director, Actcall Co., Ltd. Jun 2019 Representative Director, President, Hikari Tsushin, Inc. (current) Jun 2020 Director, Hikari Tsushin, Inc. (current) Mar 2021 Representative Director, HCMA Alpha Co., Ltd. Dec 2022 Outside Director, the Company (current) Sep 2023 Representative Director, HCMA Alpha Co., Ltd. (current) Jun 2024 Representative Director, Core Consulting Group Co., Ltd. (current)
1973-12-13
Yuzo ISHIKAWA
Outside Director
Sep 1985 Joined Daini Denden Inc. (now KDDI Corporation) Jun 2016 Representative Director, Executive Vice President, KDDI Corporation Jun 2019 Representative Director, Chairman, JCOM Co., Ltd. Jun 2020 Representative Director, President, JCOM Co., Ltd. Apr 2022 Special Advisor, JCOM Co., Ltd. Jun 2022 Outside Director, Tokushu Tokai Paper Co., Ltd. (current) Jul 2022 Advisor, KDDI Corporation Dec 2022 Member, Nomination and Compensation Committee, the Company (current) Jun 2024 Outside Director, Cecile Co., Ltd. (current) Jul 2024 Advisor, the Company Dec 2024 Outside Director, the Company (current)
1956-10-19
Yasuhiko NIWA
Outside Audit & Supervisory Board Member
Apr 1982 Joined Mitsubishi Corporation Dec 2003 General Manager, Finance and Accounting Department, Mitsubishi Corporation (Shanghai) Co., Ltd. Feb 2008 Vice President, Mitsubishi Corporation Financial Services Co., Ltd. Sep 2010 Managing Executive Officer, General Manager, Administration Division, Mitsubishi Corporation Oil Co., Ltd. May 2012 General Manager and General Manager, Administration Division, Mitsubishi Corporation Taiwan Co., Ltd. Jun 2015 Full-time Audit & Supervisory Board Member, Metal One Corporation Aug 2018 General Manager, Finance, Information Systems Department, IVY CS Co., Ltd. Dec 2019 Outside Audit & Supervisory Board Member, the Company (current)
1958-10-17
Chie KASAHARA
Outside Audit & Supervisory Board Member
Apr 2000 Registered as attorney-at-law, Hayabusa International Law Office Nov 2006 Greenberg Traurig LLP, New York Dec 2007 Partner, Hayabusa Asuka Law Office Jan 2009 Atsumi & Sakai Foreign Law Joint Enterprise Jan 2010 Partner, Atsumi & Sakai Foreign Law Joint Enterprise (current) Jun 2015 Outside Audit & Supervisory Board Member, Credit Saison Co., Ltd. (current) Jun 2019 Outside Audit & Supervisory Board Member, Achilles Corporation Dec 2020 Outside Audit & Supervisory Board Member, the Company (current) Jun 2022 Outside Director (Audit and Supervisory Committee Member), Achilles Corporation (current)
1968-09-15
Seiki YASUDA
Outside Audit & Supervisory Board Member
Apr 1980 Joined Tokio Marine & Nichido Fire Insurance Co., Ltd. Jul 2010 Executive Officer, General Manager, General Sales Division No. 1, Tokio Marine & Nichido Fire Insurance Co., Ltd. Jun 2012 Senior Executive Officer, General Manager, General Sales Division No. 1, Tokio Marine & Nichido Fire Insurance Co., Ltd. Apr 2014 Representative Director, President, Tokio Marine Nichido Risk Consulting Co., Ltd. Apr 2015 Outside Director, Tokio Marine Research Institute, Inc. Apr 2017 Executive Officer, Nippon Export and Investment Insurance (NEXI) Apr 2018 Executive Officer and General Manager, Osaka Branch, NEXI Jun 2019 Managing Executive Officer and General Manager, Osaka Branch, NEXI Dec 2021 Outside Audit & Supervisory Board Member, the Company (current)
1955-10-13
Takako OKUDA
Outside Audit & Supervisory Board Member
Apr 1979 Joined Suntory Co., Ltd. Apr 2000 Manager, Wine Business Department, Suntory Co., Ltd. Apr 2003 Manager, Tokyo Customer Center, Customer Communication Department, Suntory Co., Ltd. Sep 2005 Manager, Lifestyle Lab Group, Sales Department, Sales Division, Tokyo Electric Power Company, Inc. Apr 2016 General Manager, CS Promotion Office, TEPCO Energy Partner, Inc. Jun 2019 Outside Director, Itochu Shokuhin Co., Ltd. (current) Dec 2021 Outside Audit & Supervisory Board Member, the Company (current)
1956-05-07
Large Shareholding Reports
SRL Inc.
2026-09-29
7.21%→7.21%
SRL Inc.
2026-04-07
7.21%→7.21%
SRL Inc.
2025-12-23
7.22%→7.21%
SRL Inc.
2025-09-26
7.23%→7.22%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-11-10
Full-Year Earnings Flash
FY ending Sep 2026
TDnet
2026-11-06
特別損益
EDINET
2026-09-29
Large Shareholding Report
TDnet
2026-08-06
Q3 Earnings Flash
FY ending Sep 2026
TDnet
2026-08-06
業績予想の修正
TDnet
2026-07-17
特別損益
EDINET
2026-05-15
Semi-Annual Securities Report
Period: Oct 2025 – Mar 2026
TDnet
2026-05-08
業績予想の修正
EDINET
2026-04-07
Large Shareholding Report
TDnet
2026-02-09
Q1 Earnings Flash
FY ending Sep 2026
EDINET
2025-12-23
Large Shareholding Report
EDINET
2025-12-19
Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-11-11
Full-Year Earnings Flash
FY ending Sep 2025
EDINET
2025-09-26
Large Shareholding Report
TDnet
2025-08-08
Q3 Earnings Flash
FY ending Sep 2025
EDINET
2025-05-15
Semi-Annual Securities Report
Period: Oct 2024 – Sep 2025
EDINETAmended
2025-02-19
Amended Securities Registration Statement
TDnet
2025-02-12
Q1 Earnings Flash
FY ending Sep 2025
EDINET
2025-02-12
Securities Registration Statement
EDINET
2024-12-23
Annual Securities Report
Period: Oct 2023 – Sep 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINETAmended
2024-02-14
Amended Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINET
2023-12-25
Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINETAmended
2023-11-20
Amended Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINETAmended
2023-11-20
Amended Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINETAmended
2023-11-20
Amended Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
Ask me!
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →