Overview
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Material Group Inc.

Material Group is a marketing communications holding company that supports brand growth through PR-driven storytelling and integrated communications services. The Group operates three segments: PR Consulting (84.6% of revenue), led by core subsidiary Material Co., Ltd., which serves major Japanese corporations with strategic PR and media relations; Digital Marketing (11.1%), providing digital advertising, web customer engagement tools, and SEO consulting; and PR Platform (4.3%), offering cloud-based PR and hiring/sales promotion solutions primarily to SMEs and startups. The Group's competitive strength lies in its PR ideation methodology—designing information distribution strategies reverse-engineered from audience communities (tribes)—combined with growing digital capabilities including short-drama PR and social commerce.

Market Cap
¥6.90B
US$44.0M
EV
¥7.52B
US$47.9M
Stock¥730▼-1.48%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.3
x
LTM EV/EBIT
6.4
x
LTM PER
10.5
x
LTM PBR
2.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-20.1%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 15, 26FY2026/8 full-year earnings & new mid-term plan released (net profit guidance +30.8%)
MC → EV Bridge
6.90BUS$44.0MMarket Cap1.85BUS$11.8M+ Debt1.29BUS$8.24M− Cash0.00BUS$0.00M− Inv. Sec.0.06BUS$0.40M+ NCI7.52BUS$47.9MEV
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Performance & Balance
Revenue 5Y (¥B)
4.18US$26.6M'22/84.66US$29.7M'23/85.28US$33.7M'24/86.29US$40.1M'25/88.71US$55.6M'26/8
EBITDA 5Y (¥B)
0.86US$5.45M'24/80.90US$5.74M'25/81.24US$7.90M'26/8
Net Income 5Y (¥B)
0.21US$1.33M'22/80.44US$2.79M'23/80.71US$4.52M'24/80.47US$2.98M'25/80.66US$4.18M'26/8
Capital Structure
57%
43%
EquityD/E 0.77xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
'22/8'23/81.12US$7.16M0.27US$1.75M'24/81.26US$8.04M0.23US$1.45M'25/81.29US$8.24M1.85US$11.8M'26/8
Shareholders
Top 10 hold 63.7%
1
Strategic PR Investment Limited Liability Partnership
33.08%
2
10X Investment Ltd.
10.66%
3
Takuma KANAYAMA
5.03%
4
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
3.98%
5
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB; Standing Proxy: Nomura Securities Co., Ltd.)
3.11%
6
Retweet and Share Ltd.
2.77%
7
Daiwa Securities Co. Ltd.
1.77%
8
Sō AOSAKI
1.41%
9
Kazuki YOSHIDA
1.01%
10
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO (Standing Proxy: MUFG Bank, Ltd.)
0.92%
Management
6 officers
Sō AOSAKI
Representative Director, CEO
Born Dec 1987 Apr 2010 Joined Coach Japan LLC (current: Tapestry Japan LLC) Nov 2011 Joined Material Inc. Nov 2013 Director, Material Inc. Jun 2018 Representative Director, Social Video News Co., Ltd. (current: CONNECTED MATERIAL Inc.) Feb 2019 Representative Director, CEO, the Company (current) Representative Director, Material Inc. (current) Representative Director, LENS COMMUNICATIONS Inc. (current: Materialinks Inc.) Feb 2021 Director, Rooms Inc. Apr 2021 Representative Director, Material Partners Inc. (current: CONNECTED MATERIAL Inc.) Apr 2023 Representative Director, Flip Desk Inc. (current: Material Digital Inc.) (current) (Note 3)
1987-12-03
Kazuki YOSHIDA
Director, CFO
Born Jan 1988 Apr 2010 Joined Azsa Audit Corporation (current: Ernst & Young ShinNihon LLC) Nov 2016 Joined Boston Consulting Group G.K. (current: Boston Consulting Group G.K.) Aug 2019 Joined the Company Feb 2021 Director, Rooms Inc. Nov 2021 Director, CFO, the Company (current) Apr 2022 Director, Material Inc. (current) (Note 3)
1988-01-30
Shinichiro KITA
Outside Director
Born Jun 1970 Apr 1993 Joined Bain & Company Japan, Inc. Oct 2003 Joined Advantage Partners, Inc. Apr 2012 Director, Yasuragi Co., Ltd. (current: Catitas Co., Ltd.) Mar 2015 Director, Fukuba Dental Co., Ltd. (current: Ionic Co., Ltd.) Oct 2015 Director, Nihon Popcorn Co., Ltd. Feb 2016 Director, Ichiboshi Co., Ltd. Oct 2016 Director, Wave Dash Co., Ltd. Oct 2016 Director, MP Kitchen Co., Ltd. Apr 2017 Director, United Precision Technologies Co., Ltd. Mar 2018 Director, Yaruki Switch Group Holdings Co., Ltd. (current: Yaruki Switch Group Co., Ltd.) Jul 2018 Director, Net Protections Holdings Co., Ltd. Feb 2019 Outside Director, the Company (current) Director, Material Inc. Director, Material Partners Inc. (current: CONNECTED MATERIAL Inc.) Oct 2019 Director, Cosmo Life Co., Ltd. Jul 2020 Representative Director, Advantage Partners, Inc. (current) Sep 2020 Director, Feed Co., Ltd. Nov 2021 Director, Sustainable Battery Solutions Co., Ltd. (current: Energywith Co., Ltd.) (current) Nov 2022 Director, Daiho Industry Co., Ltd. (current) Feb 2023 Director, NFC Holdings Co., Ltd. (current: Hoken Mitsumi Honpo Group Co., Ltd.) Apr 2023 Director, Net Japan Co., Ltd. (current) Dec 2024 Director, Quality First Co., Ltd. (current) Jul 2025 Director, Space Value Holdings Co., Ltd. (current) (Note 3)
1970-06-08
Masaki NAKATA
Director, Audit and Supervisory Committee Member
Born Mar 1952 Apr 1976 Joined Erina Co., Ltd. (current: Tanaka Kohsan Co., Ltd.) Jun 1982 Joined Yamato International Co., Ltd. Nov 2013 Full-time Audit & Supervisory Board Member, same company Nov 2018 Audit & Supervisory Board Member, the Company Feb 2021 Audit & Supervisory Board Member, Rooms Inc. Apr 2022 Outside Director, Audit and Supervisory Committee Member, the Company (current) Outside Audit & Supervisory Board Member, Material Inc. (current) (Note 4)
1952-03-12
Yusuke ICHIKAWA
Director, Audit and Supervisory Committee Member
(Legal name: Yusuke KOSAKA) Born Aug 1975 Apr 1998 Joined The Nippon Kogyo Bank, Ltd. (current: Mizuho Bank, Ltd.) Mar 2003 Joined Advantage Partners, Inc. (current) Feb 2016 Director, Ichiboshi Co., Ltd. May 2017 Director, Oishii Promotion Co., Ltd. (current: Oisys Co., Ltd.) (current) Nov 2017 Director, Visionary Holdings Co., Ltd. Aug 2018 Director, Kuraya Co., Ltd. Oct 2018 Director and Audit and Supervisory Committee Member, Net Protections Holdings Co., Ltd. (current) Feb 2019 Director, the Company Director, Material Inc. Director, Material Partners Inc. (current: CONNECTED MATERIAL Inc.) Nov 2019 Director, AP64 Co., Ltd. (current: Narrel Group Inc.) Oct 2021 Director, Kit Co., Ltd. (current) Dec 2021 Director, Neo Holdings Co., Ltd. (current: Neo Terras Inc.) (current) Apr 2022 Outside Director, Audit and Supervisory Committee Member, the Company (current) May 2023 Director, Ecocity Co., Ltd. (current) Jun 2023 Director, Spiral Co., Ltd. (current) Sep 2024 Director, Nihon Kasei Co., Ltd. (current) (Note 4)
1975-08-20
Sayaka YAMAGUCHI
Outside Director, Audit and Supervisory Committee Member
Born Aug 1980 Apr 2003 Joined Chuo Aoyama PricewaterhouseCoopers May 2006 Registered as Certified Public Accountant Aug 2013 Registered as Certified Tax Accountant Aug 2013 Established Sayaka Yamaguchi CPA Office, Principal (current) Sep 2015 Established TAX Partners Certified Tax Accountant Corporation, Partner (current) Jun 2018 Outside Audit & Supervisory Board Member, Taisei Lamick Group Co., Ltd. (current) Sep 2021 Outside Director, Urbanet Corporation Co., Ltd. (current) Jun 2024 Outside Audit & Supervisory Board Member, Yokowo Co., Ltd. (current) Nov 2024 Outside Director, Audit and Supervisory Committee Member, the Company (current) (Note 4)
1980-08-12
Large Shareholding Reports
AP60 Co., Ltd.
2026-06-08
28.78%→28.78%
AP60 Co., Ltd.
2026-05-08
31.63%→28.78%
AP60 Co., Ltd.
2026-04-03
31.63%→31.63%
Takuma KANAYAMA
2026-03-10
5.03%
Annual report (as of 2026-02-28): 5.03%
Nomura Asset Management Co., Ltd.
2026-02-05
5.47%→4.08%
Nomura Asset Management Co., Ltd.
2025-10-21
6.21%→5.47%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-14
Full-Year Earnings Flash
FY ending Aug 2026
TDnet
2026-07-14
Q3 Earnings Flash
FY ending Aug 2026
EDINET
2026-06-08
Large Shareholding Report
EDINET
2026-05-08
Large Shareholding Report
EDINET
2026-04-14
Semi-Annual Securities Report
Period: Sep 2025 – Aug 2026
EDINET
2026-04-03
Large Shareholding Report
EDINET
2026-03-10
Large Shareholding Report
EDINET
2026-02-05
Large Shareholding Report
TDnet
2026-01-14
Q1 Earnings Flash
FY ending Aug 2026
EDINET
2025-11-26
Annual Securities Report
Period: Sep 2024 – Aug 2025
EDINET
2025-10-21
Large Shareholding Report
TDnet
2025-07-14
Q3 Earnings Flash
FY ending Aug 2025
EDINET
2025-04-14
Semi-Annual Securities Report
Period: Sep 2024 – Aug 2025
TDnet
2025-01-14
Q1 Earnings Flash
FY ending Aug 2025
EDINET
2024-11-28
Annual Securities Report
Period: Sep 2023 – Aug 2024
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
TDnet
2024-04-12
Q2 Earnings Flash
FY ending Aug 2024
EDINET
2024-04-12
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINETAmended
2024-03-19
Amended Securities Registration Statement
EDINETAmended
2024-03-12
Amended Securities Registration Statement
EDINET
2024-02-22
Securities Registration Statement
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