Overview
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Dive Inc.

Dive Co., Ltd. operates two core businesses: a Tourism HR business (観光HR事業) providing staffing and placement services exclusively focused on 'resort part-time work' (リゾートバイト), matching primarily urban young workers with hotels, ryokan, ski resorts, theme parks, and other tourism facilities across Japan; and a Regional Revitalization business (地方創生事業) developing and operating glamping and hotel accommodations at 8 locations nationwide, targeting non-tourist rural areas to generate visitor traffic and stimulate local economies. The company's competitive strengths lie in its proprietary database of resort work opportunities and living conditions, its established brand 'Resort Baito Dive' (リゾートバイトダイブ), and its differentiated value proposition centered on experiential employment that addresses chronic labor shortages in Japan's rural tourism sector. In May 2025, the company also launched a tourism-industry-specific SaaS product called 'Hassaku' (ハッサク), expanding into HR-tech solutions for the hospitality sector.

Market Cap
¥4.91B
US$31.3M
EV
¥2.74B
US$17.5M
Stock¥584▼-0.68%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.9
x
LTM EV/EBIT
3.3
x
LTM PER
8.7
x
LTM PBR
1.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-37.9%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
4.91BUS$31.3MMarket Cap0.32BUS$2.02M+ Debt2.49BUS$15.9M− Cash0.00BUS$0.00M− Inv. Sec.2.74BUS$17.5MEV
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Performance & Balance
Revenue 5Y (¥B)
4.01US$25.6M'22/68.27US$52.7M'23/612.4US$78.8M'24/613.8US$87.9M'25/615.3US$97.7M'26/6
EBITDA 5Y (¥B)
0.16US$0.99M'23/60.61US$3.89M'24/60.87US$5.55M'25/60.95US$6.08M'26/6
Net Income 5Y (¥B)
0.01US$0.07M'22/60.17US$1.07M'23/60.32US$2.04M'24/60.45US$2.90M'25/60.56US$3.59M'26/6
Capital Structure
90%
EquityD/E 0.11xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'22/61.78US$11.3M0.60US$3.81M'23/62.04US$13.0M0.36US$2.29M'24/62.07US$13.2M0.41US$2.60M'25/62.49US$15.9M0.32US$2.02M'26/6
Shareholders
Top 10 hold 83.3%
1
Kiyoshi SHOJI
40.94%
2
Nakanaka LLC
25.51%
3
Kazuhiro SAKATA
3.46%
4
KGI ASIA LIMITED-CLIENT ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.72%
5
Dive Inc. Employee Stock Ownership Association
1.99%
6
Rakuten Securities, Inc. (Joint Account)
1.98%
7
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB)
1.88%
8
SBI 4&5 Investment Limited Partnership
1.67%
9
SBI SECURITIES Co., Ltd.
1.63%
10
Takuji YAMAMOTO
1.57%
Management
9 officers
Kiyoshi SHOJI
Representative Director, President
Oct 1999 Joined Techno Service Co., Ltd. Nov 2001 Joined Humanic Co., Ltd. Mar 2003 Joined the Company Mar 2007 Sendai Branch Manager, the Company Aug 2007 Appointed Director, East Japan Area Manager, the Company May 2012 Appointed Representative Director, President, the Company (current)
1979-03-24
Takuji YAMAMOTO
Director, in charge of Project Promotion
Apr 1997 Joined Imperial Hotel, Ltd. Jan 2005 Joined the Company Mar 2007 Osaka Branch Manager, the Company Aug 2007 Appointed Director, West Japan Area Manager, the Company May 2012 Appointed Director, General Manager of Resort Human Resources Service Division, the Company Apr 2017 Appointed Director, General Manager of Business Support Department, the Company Sep 2018 Appointed Director, General Manager of Business Support Department and General Manager of Administration Division, the Company Apr 2019 Appointed Director, General Manager of Business Promotion Department, the Company Apr 2020 Appointed Director, General Manager of Administration Division, the Company Jul 2024 Appointed Director, in charge of Project Promotion, the Company (current) Jul 2024 Appointed Representative Director, Yadoya Juku Co., Ltd. Jul 2026 Appointed Director, Yadoya Juku Co., Ltd. (current)
1974-09-28
Shintaro NOKATA
Director, General Manager of Sales Division
Apr 2003 Joined Geo Holdings Corporation Mar 2007 Joined the Company Feb 2011 Fukuoka Branch Manager, the Company Apr 2014 West Japan Area Manager, the Company Mar 2016 Central Japan Area Manager, the Company Apr 2017 Appointed Executive Officer, General Manager of Resort Human Resources Service Division, the Company Feb 2018 Appointed Director, General Manager of Sales Division, the Company (current) Jul 2025 Appointed Representative Director, Dive Co., Ltd. (current) Jul 2025 Appointed Representative Director, Dive Local Co., Ltd. Jul 2026 Appointed Director, Dive Local Co., Ltd. (current)
1980-08-06
Tetsuo YAMANAKA
Director, in charge of Business Development and Alliances
Apr 2001 Joined Akahori Seisakusho Co., Ltd. Oct 2003 Opened Sumibi Yururi May 2008 Appointed Representative Director, Impress Co., Ltd. (now Toitoma Co., Ltd.) (current) Jun 2019 Appointed Outside Director, Human Life Code Co., Ltd. (current) Sep 2019 Appointed Representative Director, Clafit Co., Ltd. Feb 2020 Appointed Director, the Company Mar 2020 Appointed Director, Japan Global Research Center General Incorporated Association (current) May 2021 Appointed Outside Director, Minadein Co., Ltd. (current) Oct 2021 Appointed Outside Director, Balnibarbi Co., Ltd. (current) Jul 2022 Appointed Outside Director, Fit Co., Ltd. (now GreenEnergy & Company Co., Ltd.) (current) Nov 2024 Appointed Director, in charge of Business Development and Alliances, the Company (current)
1982-07-17
Goshi YAMAGUCHI
Director (Note 1)
Mar 2007 Joined Cookpad Inc. Mar 2012 Joined Leet Inc. (now Lancers Inc.) Jan 2015 Joined Defta Capital Inc. May 2015 Established 54 Co., Ltd., Representative Director, President (current) Jul 2017 Appointed Representative Director, COO, Protostar Inc. Mar 2018 Appointed Director, Netskett Inc. (current) May 2018 Appointed Director, the Company (current) Aug 2018 Appointed Chairman of the Board, Hachisan Kokoku Butai Inc. (now IY Holdings Co., Ltd.) (current) Sep 2018 Appointed Director, AGREE Inc. (now Lever Inc.) Aug 2022 Appointed Outside Director, LITEVIEW Inc. Jun 2024 Appointed Outside Director, DXHR Inc. (now AXR Inc.) (current)
1984-01-05
Hiroyuki IWAI
Director (Note 1)
Apr 1995 Joined Kosodo Co., Ltd. May 2005 Joined Net Protections Holdings, Inc. Jan 2011 Established Kakko Co., Ltd., Representative Director (current) Aug 2021 Appointed Director, Recovery Co., Ltd. Apr 2022 Appointed Director, the Company (current) Mar 2022 Appointed Outside Director, Orchestra Holdings Inc. (current)
1971-09-15
Shizuka INAKAWA
Full-time Audit & Supervisory Board Member (Note 2)
Nov 2011 Entered Legal Training and Research Institute Dec 2012 Registered as Attorney at Law Feb 2013 Joined Suzuki Shigeo Law Office Apr 2013 Joined Nuclear Damage Compensation Dispute Resolution Center, Research and Development Bureau, Ministry of Education, Culture, Sports, Science and Technology May 2017 Re-joined Nuclear Damage Compensation Dispute Resolution Center, Research and Development Bureau, Ministry of Education, Culture, Sports, Science and Technology Jun 2020 Joined UNSEEN Law Office (current) Jan 2022 Appointed Full-time Audit & Supervisory Board Member, the Company (current) Mar 2025 Appointed Outside Audit & Supervisory Board Member, KAKEAI Inc. (current) Jul 2026 Appointed Audit & Supervisory Board Member, Dive Co., Ltd. (current) Jul 2026 Appointed Audit & Supervisory Board Member, Dive Local Co., Ltd. (current)
1985-05-03
Kimihiro YOSHINO
Audit & Supervisory Board Member (Note 2)
Apr 2002 Joined Saitama City Apr 2003 Entered Legal Training and Research Institute Oct 2004 Registered as Attorney at Law; joined Ishizaki Nobunori Law Office (now Ishizaki Yamanaka Law Office) Mar 2019 Appointed Audit & Supervisory Board Member, the Company (current) Jan 2022 Appointed Representative Attorney, Ishizaki Yamanaka Law Office (current) Sep 2023 Audit & Supervisory Board Member, Sazanka Partners Inc. (current)
1975-10-02
Daisuke KOIZUMI
Audit & Supervisory Board Member (Note 2)
Oct 1995 Joined Asahi Audit Corporation (now Azsa LLC) Jan 2002 Joined Shin Nihon Audit Corporation (now EY ShinNihon LLC) Jan 2003 Established KIA Professional Co., Ltd. (now Owners Brain Co., Ltd.), Director Jul 2003 Appointed Representative Director, KIA Professional Co., Ltd. (now Owners Brain Co., Ltd.) (current) Oct 2009 Appointed Outside Audit & Supervisory Board Member, Chiiki Shinbunsha Co., Ltd. (current) Oct 2010 Audit & Supervisory Board Member, Itiforce Inc. Jun 2014 Director, Employee Ownership Business Association General Incorporated Association (current) Jun 2015 Appointed Outside Director (Audit and Supervisory Committee Member), Itiforce Inc. (current) Mar 2018 Appointed Outside Audit & Supervisory Board Member, News Two You Holdings Inc. (current) Jun 2024 Appointed Provisional Audit & Supervisory Board Member, the Company Sep 2024 Appointed Audit & Supervisory Board Member, the Company (current)
1970-09-05
Large Shareholding Reports
Kiyoshi SHOJI
2026-07-06
40.66%→39.99%
Annual report (as of 2026-06-30): 40.94%
Kiyoshi SHOJI
2026-07-06
39.99%→39.99%
Annual report (as of 2026-06-30): 40.94%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-28
Annual Securities Report
Period: Jul 2025 – Jun 2026
EDINET
2026-07-06
Large Shareholding Report
EDINET
2026-07-06
Large Shareholding Report
TDnet
2026-05-08
Q3 Earnings Flash
FY ending Jun 2026
EDINET
2026-02-06
Semi-Annual Securities Report
Period: Jul 2025 – Dec 2025
TDnet
2025-11-07
Q1 Earnings Flash
FY ending Jun 2026
EDINET
2025-09-24
Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2025-05-09
Q3 Earnings Flash
FY ending Jun 2025
EDINET
2025-02-07
Semi-Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2024-11-08
Q1 Earnings Flash
FY ending Jun 2025
EDINET
2024-09-26
Annual Securities Report
Period: Jul 2023 – Jun 2024
EDINET
2024-05-10
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINETAmended
2024-03-18
Amended Securities Registration Statement
EDINETAmended
2024-03-08
Amended Securities Registration Statement
EDINET
2024-02-21
Securities Registration Statement
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