Overview
Fishery, Agriculture and Forestry

Berg Earth co.,ltd.

Bergearth is a specialized producer and distributor of grafted vegetable seedlings, primarily fruit vegetables such as cucumbers, tomatoes, and eggplants, supplying to commercial farmers, agricultural corporations, and home gardening retailers including major home improvement chains nationwide. The company's core competency lies in high-technical-barrier grafted seedling production, which offers superior resistance to soil-borne diseases, continuous cropping damage, and pests, making them essential for modern greenhouse cultivation. In addition to grafted seedlings, the company operates seed and agricultural materials sales as well as retail businesses, and conducts research into plant vaccine technologies through its Fukushima subsidiary.

Market Cap
¥4.90B
US$31.2M
EV
¥6.50B
US$41.4M
Stock¥3,060▼-0.97%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
12.2
x
LTM EV/EBIT
28.4
x
LTM PER
31.6
x
LTM PBR
2.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
4.90BUS$31.2MMarket Cap2.72BUS$17.4M+ Debt1.15BUS$7.31M− Cash0.04BUS$0.23M− Inv. Sec.0.06BUS$0.39M+ NCI6.50BUS$41.4MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
5.37US$34.3M'21/106.39US$40.8M'22/107.06US$45.0M'23/107.09US$45.2M'24/107.30US$46.6M'25/10
EBITDA 5Y (¥B)
0.19US$1.21M'21/100.21US$1.37M'22/100.35US$2.24M'23/100.28US$1.79M'24/100.26US$1.66M'25/10
Net Income 5Y (¥B)
0.12US$0.78M'21/100.20US$1.29M'22/100.08US$0.50M'23/100.04US$0.25M'24/100.05US$0.31M'25/10
Capital Structure
44%
56%
EquityD/E 1.27xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
0.99US$6.33M2.30US$14.7M'21/101.12US$7.12M2.61US$16.6M'22/101.03US$6.55M2.10US$13.4M'23/100.95US$6.05M2.17US$13.8M'24/100.91US$5.83M2.41US$15.4M'25/10
Shareholders
Top 10 hold 37.0%
1
Kazuhiko YAMAGUCHI
10.13%
2
Agribusiness Investment & Nurturing Co., Ltd.
7.04%
3
The Iyo Bank, Ltd.
3.72%
4
Berg Earth Kyoei-kai
3.43%
5
OAT Agrio Co.,Ltd.
3.10%
6
Custody Bank of Japan, Ltd. (Trust Account)
2.44%
7
Kaoru MATSUOKA
2.17%
8
Berg Earth co.,ltd. Employee Stock Ownership Association
1.70%
9
Tokita Seed Co., Ltd.
1.69%
10
Mayuko YAMAGUCHI
1.57%
Management
8 officers
Kazuhiko YAMAGUCHI
Representative Director, President
Feb 1996 Founded Yamaguchi Engei Co., Ltd. (now Yamaguchi Engei Co., Ltd.), Representative Director, President Jan 2001 Founded the Company, Representative Director, Senior Managing Director Jan 2003 Representative Director, President (current) Mar 2014 Representative Director, President, Berg Fukushima Co., Ltd. Nov 2014 Chairman, Qingdao Meifuyang Horticulture Co., Ltd. Jan 2017 Director, Berg Fukushima Co., Ltd. (current) Jan 2017 Representative Director, President, Fan Garden Co., Ltd. Aug 2017 Representative Director, President, Musashino Seed Co., Ltd. Jan 2025 Director, Musashino Seed Co., Ltd. (current)
1957-02-05
Mayuko YAMAGUCHI
Senior Managing Director
Feb 1996 Senior Managing Director, Yamaguchi Engei Co., Ltd. (now Yamaguchi Engei Co., Ltd.) Jan 2001 Managing Director, the Company, in charge of General Affairs Jan 2003 Senior Managing Director, the Company, in charge of General Affairs Nov 2014 Senior Managing Director, the Company, in charge of Production and Sales Nov 2020 Senior Managing Director, the Company, in charge of General Affairs Headquarters (current)
1960-05-25
Chikayuki KOTANI
Managing Director
Apr 1983 Joined Kyowa Hakko Kogyo Co., Ltd. Aug 2006 President & C.E.O., Kyowa Hakko USA, Inc. Jan 2010 General Manager, Fine Chemicals Sales Division, Kyowa Bio Co., Ltd. Jan 2012 Director, General Manager, Fine Chemicals Sales Division, Kyowa Bio Co., Ltd. Mar 2015 Representative Director, President, Kyowa Bio Co., Ltd. Apr 2018 Executive Officer, Kyowa Kirin Co., Ltd.; President & CEO, Kyowa Kirin Asia Pacific Ltd. May 2021 Joined the Company as Executive Officer, General Manager, Corporate Planning Headquarters Aug 2021 Audit & Supervisory Board Member, Fan Garden Co., Ltd. Jan 2023 Managing Director, the Company (current); in charge of Corporate Planning Headquarters and Finance & Accounting Headquarters (current)
1960-02-03
Osamu NODA
Outside Director
Apr 1977 Joined Mitsui & Co., Ltd. Apr 2003 General Manager, Agricultural Science Business Division, Mitsui & Co., Ltd. Oct 2012 Representative Director, UPL Japan Ltd., a subsidiary of Mitsui & Co., Ltd. Feb 2019 Senior Adviser, Mitsui & Co., Ltd. (current) Jul 2019 Adviser, the Company Jan 2021 Outside Director, the Company (current)
1954-10-15
Koichi MIYAGAWA
Outside Director
Apr 1990 Joined The Iyo Bank, Ltd. Aug 2012 Branch Manager, Sakurai Branch, The Iyo Bank, Ltd. Aug 2016 Deputy Branch Manager, Yawatahama Branch, The Iyo Bank, Ltd. Mar 2019 Group Leader, Hiyoshi Group, and Branch Manager, Hiyoshi Branch, The Iyo Bank, Ltd. Aug 2022 General Manager, Corporate Consulting Department, The Iyo Bank, Ltd. Aug 2024 Regional Industry Officer, Sales Headquarters, The Iyo Bank, Ltd. (current) Jan 2025 Outside Director, the Company (current)
1968-02-12
Seiji SASAYAMA
Standing Audit & Supervisory Board Member
Apr 1979 Joined Mimacho Town Office (now Uwajima City Office) Apr 2015 General Manager, General Affairs Department, Uwajima City Office Apr 2016 Deputy Mayor, Uwajima City Jan 2019 Audit & Supervisory Board Member, the Company Nov 2019 Standing Audit & Supervisory Board Member, the Company (current) Jan 2020 Audit & Supervisory Board Member, Berg Fukushima Co., Ltd. (current) Oct 2021 Audit & Supervisory Board Member, Iyo Nosan Co., Ltd. (current) Dec 2023 Audit & Supervisory Board Member, Fan Garden Co., Ltd. (current)
1955-10-04
Kazutoshi NAKATANI
Audit & Supervisory Board Member
Apr 1979 Joined Mimacho Agricultural Cooperative Apr 1997 Manager, Personnel Section, General Affairs Department, Ehime Minami Agricultural Cooperative Apr 2006 Manager, Compliance Measures Section, Planning and Control Office, Ehime Minami Agricultural Cooperative Apr 2012 Deputy General Manager, Audit Office, Ehime Minami Agricultural Cooperative Apr 2017 Branch Manager, Mimacho Multifunctional Branch, Ehime Minami Agricultural Cooperative Apr 2021 Contract Employee, Audit Office, Ehime Minami Agricultural Cooperative (current)
1961-03-28
Taizo KOJIMA
Audit & Supervisory Board Member
Apr 2000 Joined Onishi Accounting Office Sep 2002 Established Taizo Kojima Certified Tax Accountant Office, Representative (current) Jan 2021 Outside Audit & Supervisory Board Member, the Company (current)
1973-09-04
Large Shareholding Reports
Kazuhiko YAMAGUCHI
2026-06-25
10.13%→8.58%
Annual report (as of 2026-04-30): 10.13%
Kazuhiko YAMAGUCHI
2025-10-01
11.41%→10.13%
Annual report (as of 2026-04-30): 10.13%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-14
Q3 Earnings Flash
FY ending Oct 2026
EDINET
2026-06-25
Large Shareholding Report
EDINET
2026-06-15
Semi-Annual Securities Report
Period: Nov 2025 – Oct 2026
TDnet
2026-03-16
Q1 Earnings Flash
FY ending Oct 2026
EDINET
2026-01-28
Annual Securities Report
Period: Nov 2024 – Oct 2025
EDINET
2025-10-01
Large Shareholding Report
TDnet
2025-09-12
Q3 Earnings Flash
FY ending Oct 2025
EDINET
2025-06-16
Semi-Annual Securities Report
Period: Nov 2024 – Oct 2025
TDnet
2025-03-14
Q1 Earnings Flash
FY ending Oct 2025
EDINET
2025-01-31
Annual Securities Report
Period: Nov 2023 – Oct 2024
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
2024-01-31
Annual Securities Report
Period: Nov 2022 – Oct 2023
EDINET
2023-09-14
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-06-14
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-03-16
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINET
2023-01-31
Annual Securities Report
Period: Nov 2021 – Oct 2022
EDINETAmended
2023-01-31
Amended Securities Registration Statement
EDINET
2023-01-18
Securities Registration Statement
EDINET
2022-09-14
Quarterly Securities Report
EDINET
2022-06-14
Quarterly Securities Report
EDINET
2022-03-16
Quarterly Securities Report
EDINET
2022-01-31
Annual Securities Report
EDINET
2021-09-13
Quarterly Securities Report
EDINET
2021-06-14
Quarterly Securities Report
EDINET
2021-03-15
Quarterly Securities Report
EDINET
2021-01-29
Annual Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
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) →