Overview
Information & Communication

Saison Technology Co.,Ltd.

Saison Technology is a Japanese IT solutions provider specializing in data integration software and services, with its flagship product 'HULFT' being the de facto standard for data linkage middleware in Japan. The company operates across four segments: HULFT business (domestic sales and support of HULFT and DataSpider Servista), Data Platform business (cloud-based data integration platform 'HULFT Square' enabling enterprise and inter-company system connectivity), Distribution IT Services (information processing and system development for retail and aviation industries), and Financial IT Services (information processing and system development for the financial sector). The company serves enterprise clients seeking business process automation and digital transformation through secure, reliable data integration across on-premise and cloud environments.

Market Cap
¥29.1B
US$185M
EV
¥15.1B
US$96.1M
Stock¥1,797▲+0.11%
US$1 = ¥157.25 (2026-10-30)
LTM EV/EBITDA
7.4
x
LTM EV/EBIT
11.3
x
LTM PER
32.6
x
LTM PBR
2.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-22.0%pt
100
Nov 4, 25 – Nov 2, 26StockTOPIX
MC → EV Bridge
29.1BUS$185MMarket Cap0.00BUS$0.03M+ Debt12.3BUS$78.0M− Cash1.73BUS$11.0M− Inv. Sec.15.1BUS$96.1MEV
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Performance & Balance
Revenue 5Y (¥B)
23.2US$148M'22/324.0US$152M'23/323.9US$152M'24/324.4US$155M'25/321.9US$139M'26/3
EBITDA 5Y (¥B)
4.08US$26.0M'22/32.92US$18.6M'23/31.70US$10.8M'24/32.86US$18.2M'25/3
Net Income 5Y (¥B)
2.05US$13.0M'22/31.44US$9.16M'23/30.60US$3.83M'24/31.51US$9.58M'25/31.09US$6.91M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
12.7US$80.8M0.01US$0.06M'22/313.0US$82.9M0.01US$0.09M'23/313.7US$86.9M0.01US$0.06M'24/313.1US$83.1M0.01US$0.04M'25/313.2US$84.3M0.00US$0.03M'26/3
Shareholders
Top 10 hold 87.8%
1
Credit Saison Co.,Ltd.
46.84%
2
Melco Group Co., Ltd.
20.00%
3
Intertrust Trustees (Cayman) Limited as Trustee of the Ubiquitas Master Series Trust Melco Group Master Fund (standing proxy: Tachibana Securities Co., Ltd.)
7.21%
4
ECM Master Fund SPV One (standing proxy: Tachibana Securities Co., Ltd.)
5.29%
5
INTELLIGENT WAVE INC.
3.09%
6
Dai Nippon Printing Co.,Ltd.
1.90%
7
Saison Technology Co.,Ltd. Employee Stock Ownership Association
1.39%
8
Kyowa Seika Co., Ltd.
1.06%
9
BUFFALO CO.,LTD.
0.50%
10
Fujitsu Limited
0.49%
Management
10 officers
Makoto HAYAMA
Representative Director, President and Executive Officer
Apr 1997 Joined SATO Corporation Jun 2010 Executive Officer, Head of Customer Support Division, SATO Corporation; Representative Director, President, SATO System Support Co., Ltd. (currently SATO Corporation) Apr 2011 Managing Executive Officer, Head of Customer Support Division, SATO Corporation; Representative Director, President, SATO System Support Co., Ltd. (currently SATO Corporation) Apr 2012 Managing Executive Officer, SATO Corporation; Chairman, SATO UK LTD. Apr 2014 Managing Executive Officer, SATO Corporation; Managing Director, SATO INTERNATIONAL EUROPE N.V. Jan 2017 Joined Saison Technology Apr 2017 General Manager, HULFT Business Division, Saison Technology Apr 2018 Senior Coordinator, Business Task Force, Institute for Global Environmental Strategies (IGES) Jul 2019 Fellow, IGES Jun 2022 Representative Director, President, Saison Technology Apr 2023 Representative Director, President and Executive Officer, CEO, Saison Technology Apr 2024 Representative Director, President and Executive Officer, Saison Technology (current) Apr 2026 Director, Saison Technology International, Inc. (current)
1969-07-24
Junichi SHIBUYA
Director and Executive Officer
Apr 1992 Joined Union Credit Co., Ltd. (currently UC Card Co., Ltd.) Jan 2006 Transferred to Credit Saison Co., Ltd.; Section Manager, Sales Division I Mar 2014 General Manager, Hokkaido Branch, Credit Saison Mar 2018 General Manager, North Kanto Branch Office, Credit Saison Oct 2019 General Manager, East Japan Division and General Manager, North Kanto Branch Office, Credit Saison Mar 2021 General Manager, East Japan Sales Department and General Manager, Tokyo Branch Office, Credit Saison Oct 2022 General Manager, Retail Sales Department, Credit Saison Mar 2024 General Manager, Processing Group, Processing Sales Department, Credit Saison Apr 2025 Joined Saison Technology; Executive Officer and Deputy General Manager, Sales Division Jun 2025 Director, Saison Technology (current) Apr 2026 Executive Officer, General Manager, Data Integration Business Division, Saison Technology (current)
1968-10-31
Kazutoshi ONO
Director
Apr 1999 Joined Sun Microsystems (currently Oracle Corporation) Oct 2000 Representative Director, President, Appresso Inc. (currently Saison Technology) Dec 2003 Representative Director, Vice President, Appresso Inc. Jul 2013 Advisor, Saison Technology Sep 2013 Representative Director, President, Appresso Inc. (currently Saison Technology) Jun 2015 Director, Saison Technology Apr 2016 Managing Director, Head of Technovation Center, Saison Technology Apr 2018 Head of Product Development Center, Saison Technology Mar 2019 Joined Credit Saison Co., Ltd. as CTO and Head of Technology Center Jun 2019 Director, CTO, in charge of Digital Innovation Business Division, and Head of Technology Center, Credit Saison Oct 2019 CTO, in charge of Digital Innovation Business Division, Net Alliance Department and Technology Center, and Head of Technology Center, Credit Saison Mar 2020 Director and Managing Executive Officer, CTO, overseeing Digital Innovation Business Division, General Manager, Digital Innovation Business Division, and Head of Technology Center, Credit Saison Jun 2020 Managing Executive Officer, Credit Saison Mar 2021 Director, Senior Managing Executive Officer, CTO and CIO, overseeing Digital Innovation Business Division, General Manager, Digital Innovation Business Division, in charge of IT Strategy Department and Corporate Strategy Department, General Manager, IT Strategy Department and Head of Technology Center, Credit Saison Jun 2021 Director, Senior Managing Executive Officer, CTO and CIO, Credit Saison Oct 2021 Overseeing Digital Innovation Business Division, in charge of IT Strategy Department and Corporate Strategy Department, General Manager, IT Strategy Department and Head of Technology Center, Credit Saison Mar 2022 Overseeing CSDX Promotion Department and Customer Success Business Division, in charge of Full Life Business Department, General Manager, CSDX Promotion Department and Head of Technology Center, Credit Saison Mar 2023 Director, Senior Managing Executive Officer, CDO and CTO, overseeing CSDX Promotion Department and Customer Success Business Division, Credit Saison (current) Jun 2023 Director, Saison Technology (current)
1976-08-06
Kyosuke TSUGANO
Full-time Corporate Auditor
Apr 1986 Joined Seibu Credit Co., Ltd. (currently Credit Saison Co., Ltd.) Mar 2005 General Manager, Systems Planning Department and General Manager, Mizuho UC Partnership Promotion Office, Credit Saison Jun 2005 Director, in charge of Systems Promotion Department and General Manager, Systems Planning Department, Credit Saison Mar 2006 Director and Deputy General Manager, Systems Division, Credit Saison Mar 2007 Director and General Manager, Systems Division, Credit Saison Oct 2007 Representative Director, President, Cubitus Inc. (currently Credit Saison Co., Ltd.) Mar 2015 Senior Managing Director, Cubitus Inc. Apr 2020 Joined Saison Technology Jun 2020 Director, Saison Technology; in charge of Financial IT Technology Jun 2022 Overseeing Financial IT Services, Distribution IT Services Technology and Quality Control, Saison Technology Jun 2023 Corporate Auditor, Saison Technology (current)
1961-11-02
Atsushi YOSHIHARA
Director and Executive Officer
Apr 1997 Joined DDI Tokyo Pocket Telephone Co., Ltd. (currently SoftBank Corp.) Sep 2010 Joined mixi, Inc. (currently MIXI, Inc.) Jul 2011 Joined Saison Technology Apr 2014 Manager, Quality Management Section, Customer Service Department, HULFT Business Division, Saison Technology Apr 2015 Deputy General Manager, Customer Service Department, HULFT Business Division, Saison Technology Apr 2017 General Manager, Customer Service Department, HULFT Business Division, Saison Technology Apr 2021 Executive Officer and General Manager, Customer Service Center, Saison Technology Apr 2023 Executive Officer and General Manager, Customer Success Division, Saison Technology Apr 2025 Executive Officer and General Manager, Management Administration Division, Saison Technology (current) Jun 2025 Director, Saison Technology (current)
1974-09-23
Yoshimasa NAGASE
Director
Apr 1981 Joined Daiwa Securities Co., Ltd. Apr 2006 Executive Officer and General Manager, Nagoya Branch, Daiwa Securities SMBC Co., Ltd. (currently Daiwa Securities Co., Ltd.) Sep 2008 Executive Officer, International Business Planning and Planning, Daiwa Securities SMBC Co., Ltd. Apr 2009 Managing Executive Officer, Daiwa Securities SMBC Co., Ltd. Apr 2011 Managing Director, Deputy Head of Sales Division and in charge of Corporate Business, Daiwa Securities Co., Ltd. Apr 2013 Senior Managing Director and Head of Product & Solutions Division, Daiwa Securities Co., Ltd. Apr 2015 Senior Managing Executive Officer, Daiwa Securities Group Inc.; Representative Director and Senior Managing Director, in charge of Compliance, Daiwa Securities Co., Ltd. Apr 2019 Representative Director, J&U Co., Ltd. (current) Jul 2020 Director, Buffalo IT Solutions Inc. Jun 2021 Director, Melco Holdings Inc. (currently BUFFALO Inc.) Jun 2024 Director, Saison Technology (current) Jun 2025 Director (Audit and Supervisory Committee Member), BUFFALO Inc. (current) Director (Audit and Supervisory Committee Member), Shimadaya Co., Ltd. (current)
1957-11-03
Mariko MANIYAN
Director
Jan 2005 Joined Societe Generale Securities Japan Limited Aug 2007 Joined Swiss Re Capital Markets Securities Co., Ltd. Aug 2010 Joined Goldman Sachs Japan Co., Ltd. Oct 2014 Joined Guggenheim Partners Japan Limited Jul 2016 Representative Director, TPO Co., Ltd. (current) Nov 2021 Board Member, UWC ISAK Japan Jun 2023 Director, Saison Technology (current) Apr 2026 Representative Director, Scorenet Co., Ltd. (current)
1980-01-30
Haruhi KURODA
Director
Aug 2011 Registered as attorney-at-law Sep 2011 Joined Nishimura & Asahi Apr 2016 Joined Honma & Partners (current) Dec 2021 Outside Director, Noevir Holdings Co., Ltd. (current) Jun 2023 Director, Saison Technology (current)
1987-04-16
Takahiro KOBAYASHI
Corporate Auditor
Apr 1981 Joined Ricoh Company, Ltd. Jan 1986 Posted to Ricoh Netherlands BV (European regional headquarters) Jan 1988 Overseas Division, Ricoh Company, Ltd. Mar 1994 Director, Strategic Planning, Ricoh Corporation (U.S. subsidiary) Jun 2005 General Manager, Business Planning Office, Overseas Business Division, Ricoh Company, Ltd. Mar 2007 Vice President, Ricoh Australia Pty Ltd. Sep 2008 General Manager, Overseas Business Management Office, Ricoh Company, Ltd. Jun 2009 General Manager, Business Planning Office, Global Marketing Division, Ricoh Company, Ltd.; Director, Ricoh Logistics Co., Ltd. (currently SBS Nexnode Co., Ltd.) Jul 2010 Corporate Auditor, Ricoh IT Solutions Co., Ltd. Apr 2011 Corporate Auditor, Ricoh Japan Co., Ltd. Jul 2012 General Manager, Business Support Department, Accounting Division, Ricoh Company, Ltd. Aug 2014 General Manager, Business Planning Office, Business Solutions Division, Ricoh Company, Ltd. Apr 2017 Senior Manager, Corporate Human Resources Department, Ricoh Company, Ltd. Jun 2017 Corporate Auditor, Saison Technology (current)
1958-03-17
Eri MIZUKAMI
Corporate Auditor
Jun 1999 Registered as Certified Public Accountant Joined Katsushima Toshiaki Tax Accountant Office (currently Deloitte Tohmatsu Tax Co.) Apr 2001 Joined Schlumberger K.K. Mar 2003 Joined KPMG Tax Corporation Dec 2008 Joined EY Tax Corporation May 2010 Registered as U.S. Certified Public Accountant Jul 2011 Opened Eri Mizukami Certified Public Accountant and Tax Accountant Office, Representative (current) Jul 2017 Established Herald Advisory LLC, Representative (current) Jun 2024 Outside Corporate Auditor, Leon Automatic Machine Co., Ltd. (current) Jun 2025 Corporate Auditor, Saison Technology (current)
1969-05-13
Large Shareholding Reports
Melco Group Co., Ltd.
2025-08-01
20.00%→20.00%
Annual report (as of 2026-09-30): 20.00%
Effissimo Capital Management Pte. Ltd.
2021-11-24
33.00%→5.29%
Effissimo Capital Management Pte. Ltd.
2021-11-08
33.00%→33.00%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-30
Semi-Annual Securities Report
Period: Apr 2026 – Mar 2027
TDnet
2026-10-29
Q2 Earnings Flash
FY ending Mar 2027
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-16
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-13
Full-Year Earnings Flash
FY ending Mar 2026
TDnet
2026-01-29
業績予想の修正
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-10-31
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-08-01
Large Shareholding Report
TDnet
2025-07-30
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-13
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-30
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-10-31
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-18
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-01
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-01
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-07-31
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-20
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-01-30
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-01
Quarterly Securities Report
EDINET
2022-07-29
Quarterly Securities Report
EDINET
2022-06-21
Annual Securities Report
EDINET
2022-01-31
Quarterly Securities Report
EDINET
2021-11-24
Large Shareholding Report
EDINET
2021-11-08
Large Shareholding Report
EDINET
2021-10-29
Quarterly Securities Report
EDINET
2021-08-02
Quarterly Securities Report
EDINET
2021-06-23
Annual Securities Report
EDINET
2021-01-29
Quarterly Securities Report
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