Overview
-

WOLVES HAND Co.,Ltd.

WOLVES HAND operates a vertically integrated animal medical care group across Japan, running 38 veterinary hospitals (11 advanced 'Center Hospitals' equipped with CT/MRI and specialist veterinarians, and 27 community-based 'Satellite Hospitals') in the Kansai, Kanto, and Kyushu/Okinawa regions, with approximately 395,000 annual consultations. The company provides seamless care from routine wellness visits to advanced neurosurgery within its own hospital network, supported by proprietary veterinary practice management software ('Wan Taro'), a veterinary education platform ('VMN'), and pet salon operations. Its competitive strengths lie in a dominant multi-hub hospital network model, an in-house veterinarian recruitment and training pipeline, and high asset utilization across its advanced medical equipment base.

Market Cap
¥11.2B
US$71.3M
EV
¥12.3B
US$78.7M
Stock¥1,481▼-2.57%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.3
x
LTM EV/EBIT
11.0
x
LTM PER
11.9
x
LTM PBR
3.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-28.6%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 13, 26Full-year FY2026/06 earnings announced
2Sep 3, 26Board approved share buyback
MC → EV Bridge
11.2BUS$71.3MMarket Cap1.97BUS$12.6M+ Debt0.81BUS$5.16M− Cash0.00BUS$0.00M− Inv. Sec.12.3BUS$78.7MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
4.99US$31.8M'24/65.46US$34.8M'25/66.16US$39.3M'26/6
EBITDA 5Y (¥B)
1.00US$6.40M'24/61.10US$7.00M'25/61.33US$8.48M'26/6
Net Income 5Y (¥B)
0.56US$3.56M'24/60.59US$3.78M'25/60.94US$5.99M'26/6
Capital Structure
65%
35%
EquityD/E 0.53xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
0.91US$5.81M3.00US$19.1M'24/60.90US$5.71M2.54US$16.2M'25/60.81US$5.16M1.97US$12.6M'26/6
Shareholders
Top 10 hold 88.7%
1
Masashi KITAI
43.36%
2
J-STAR No.3 SS,LP (Standing Proxy: SMBC Nikko Securities Inc.)
15.54%
3
J-STAR No.3 JF,LP (Standing Proxy: SMBC Nikko Securities Inc.)
8.05%
4
J-STAR No.3 JC,LP (Standing Proxy: SMBC Nikko Securities Inc.)
6.66%
5
J-STAR No.3 GF,LP (Standing Proxy: SMBC Nikko Securities Inc.)
6.63%
6
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
5.03%
7
Shun YAMASHITA
1.00%
8
J-STAR Limited Liability Investment Partnership 2016
0.82%
9
Morgan Stanley MUFG Securities Co., Ltd.
0.82%
10
The Dai-ichi Life Insurance Company, Limited (Standing Proxy: Custody Bank of Japan, Ltd.)
0.81%
Management
6 officers
Masashi KITAI
Representative Director, CEO and COO
Apr 1998 Joined Nittayadani Animal Hospital Jan 2000 Opened Kitai Animal Hospital Oct 2002 Appointed Representative Director, Horie Animal Medical Center Ltd. (later reorganized as Daifuyuki Co., Ltd.) Jul 2007 Appointed Representative Director, V Power Co., Ltd. Apr 2019 Appointed Representative Director, Daifuyutatsu Co., Ltd. May 2019 Appointed Representative Director, CEO of the Company Apr 2025 Appointed Representative Director, CEO and COO of the Company (current)
1973-05-23
Takashi OKADA
Outside Director (Part-time Audit and Supervisory Committee Member)
Apr 1996 Joined Okada Yoshikazu Tax Accountant Office Jul 2019 Appointed Audit & Supervisory Board Member of the Company Oct 2019 Appointed Audit & Supervisory Board Member, JVCC Animal Hospital Group Co., Ltd. Nov 2020 Appointed Representative Partner, A-Trust Tax Corporation (current) Sep 2021 Appointed Outside Director, Audit and Supervisory Committee Member of the Company (current) Feb 2022 Appointed Audit & Supervisory Board Member, Sansuku Co., Ltd. (current)
1972-04-30
Katsutaka YAMAGUCHI
Director, CSO
Mar 2007 Joined Deloitte Touche Tohmatsu (now Deloitte Touche Tohmatsu LLC) Jul 2017 Joined Yusei Audit Corporation (now Taiyo LLC) Sep 2018 Opened Katsutaka Yamaguchi CPA Office, Representative (current) Sep 2018 Appointed Representative Director, Tele Affect FAS Co., Ltd. (current) Oct 2019 Appointed Representative Partner, REGLS Audit Corporation Jan 2020 Appointed Outside Audit & Supervisory Board Member, Bywill Co., Ltd. (current) Apr 2021 Appointed Director, Audit and Supervisory Committee Member, OSG Corporation (current) Nov 2021 Appointed Outside Director of the Company Aug 2022 Appointed Outside Audit & Supervisory Board Member, Furusato Netsuden Co., Ltd. (current) Sep 2026 Appointed Director, CSO of the Company
1979-05-09
Tetsuo TANAKA
Director, CFO (Head of Management Administration Division)
Nov 2005 Joined Quinland Co., Ltd. Jan 2009 Joined Kirindo Co., Ltd. Sep 2019 Joined Nakamura Kiyoshi Tax Accountant Office (now Light UP Tax Corporation) Sep 2021 Joined Nipron Co., Ltd., General Manager, Corporate Planning Department Dec 2023 Joined Gourmet Kineya Co., Ltd., General Manager, Administration Division (Accounting) Jun 2024 Joined the Company, General Manager, Finance and Accounting Department (current) Apr 2025 Appointed Executive Officer, CFO and Head of Management Administration Division of the Company Oct 2025 Appointed Audit & Supervisory Board Member, Asuka Medical Co., Ltd. (current) Jan 2026 Appointed Representative Director, Kartech Co., Ltd. (current) Sep 2026 Appointed Director, CFO of the Company
1977-05-02
Hiroshi IMAHARU
Outside Director (Part-time Audit and Supervisory Committee Member)
Apr 2001 Joined the Legal Training and Research Institute of the Supreme Court Oct 2002 Registered with the Osaka Bar Association Oct 2002 Joined Osaka Kyodo Law Office Sep 2011 Joined Ibuki Law Office (current) Jan 2020 Appointed Outside Audit & Supervisory Board Member, Kunkasha Co., Ltd. (current) Apr 2021 Appointed Outside Audit & Supervisory Board Member of the Company Sep 2021 Appointed Outside Director, Audit and Supervisory Committee Member of the Company (current) Jun 2026 Appointed Outside Director, Audit and Supervisory Committee Member, Secure Veil Co., Ltd. (current)
1974-06-02
Makoto TAKEDA
Outside Director (Part-time Audit and Supervisory Committee Member)
Apr 1989 Joined Yamaichi Securities Co., Ltd. Mar 1999 Joined Zenrin Co., Ltd. Aug 2000 Joined Daiwa SB Capital Markets Co., Ltd. (now Daiwa Securities Co., Ltd.) Mar 2022 Appointed Outside Audit & Supervisory Board Member, Future Spirits Co., Ltd. (current) Jan 2024 Appointed Outside Director, Audit and Supervisory Committee Member of the Company (current)
1966-03-10
Large Shareholding Reports
Nomura Asset Management Co., Ltd.
2026-10-22
4.03%→4.03%
Masashi Kitai
2026-10-21
2.09%
Annual report (as of 2026-06-30): 43.36%
Nomura Asset Management Co., Ltd.
2026-10-06
4.78%→4.03%
J-STAR No.3 SS GP, Ltd.
2026-09-29
15.45%→2.06%
Masashi Kitai
2026-09-16
41.28%→42.50%
Annual report (as of 2026-06-30): 43.36%
J-STAR No.3 SS GP, Ltd.
2026-09-15
15.45%→2.06%
Nomura Asset Management Co., Ltd.
2026-06-19
4.78%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-22
Large Shareholding Report
EDINETAmended
2026-10-21
Change Report
EDINETAmended
2026-10-20
Amended Annual Securities Report
Period: Jul 2025 – Jun 2026
EDINET
2026-10-06
Large Shareholding Report
EDINETAmended
2026-09-29
Change Report
EDINET
2026-09-29
Annual Securities Report
Period: Jul 2025 – Jun 2026
EDINET
2026-09-16
Large Shareholding Report
EDINET
2026-09-15
Large Shareholding Report
EDINET
2026-06-19
Large Shareholding Report
TDnet
2026-05-13
Q3 Earnings Flash
FY ending Jun 2026
EDINET
2026-02-13
Semi-Annual Securities Report
Period: Jul 2025 – Jun 2026
TDnet
2025-11-13
Q1 Earnings Flash
FY ending Jun 2026
EDINET
2025-09-26
Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2025-05-15
Q3 Earnings Flash
FY ending Jun 2025
EDINET
2025-02-14
Semi-Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2024-11-12
Q1 Earnings Flash
FY ending Jun 2025
EDINET
2024-09-26
Annual Securities Report
Period: Jul 2023 – Jun 2024
EDINETAmended
2024-06-12
Amended Securities Registration Statement
EDINETAmended
2024-06-04
Amended Securities Registration Statement
EDINET
2024-05-16
Securities Registration Statement
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) →