Overview
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LOGOS HOLDINGS INC.

Logos Holdings is a holding company operating a group of regional homebuilders in Japan, primarily engaged in the design, construction, and sale of custom-ordered (注文住宅) and pre-planned (分譲住宅) residential homes, as well as land sales. The group's core operating subsidiaries—Logos Home Co., Ltd. and Hoei Kensetsu Co., Ltd.—target first-time homebuyers with household incomes of ¥4–8 million, offering energy-efficient, high-quality homes at competitive price points across Hokkaido, Tohoku, North Kanto, Chubu, Niigata, and Tochigi prefectures. The group ranked No. 1 in housing building permit applications in Sapporo for two consecutive years (2023–2024), and also provides ancillary services including renovation, civil engineering, disability group home construction, and IT/CAD support for small homebuilders.

Market Cap
¥5.89B
US$37.5M
EV
¥9.50B
US$60.6M
Stock¥1,500▼-0.92%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.9
x
LTM EV/EBIT
8.3
x
LTM PER
9.8
x
LTM PBR
1.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-23.9%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 16, 26Full-year FY2026/05 earnings announced
MC → EV Bridge
5.89BUS$37.5MMarket Cap10.6BUS$67.3M+ Debt6.94BUS$44.3M− Cash0.00BUS$0.00M− Inv. Sec.9.50BUS$60.6MEV
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Performance & Balance
Revenue 5Y (¥B)
24.9US$158M'22/528.0US$179M'23/531.7US$202M'24/536.3US$231M'25/549.5US$316M'26/5
EBITDA 5Y (¥B)
1.50US$9.58M'24/50.63US$4.01M'25/51.68US$10.7M'26/5
Net Income 5Y (¥B)
0.77US$4.94M'22/5-0.08-US$0.52M'23/50.89US$5.68M'24/50.20US$1.27M'25/50.80US$5.10M'26/5
Capital Structure
22%
78%
EquityD/E 3.45xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
'22/5'23/54.48US$28.6M4.83US$30.8M'24/57.16US$45.7M7.65US$48.8M'25/59.16US$58.4M8.81US$56.2M'26/5
Shareholders
Top 10 hold 66.2%
1
Endeavor United No. 2 Investment Limited Partnership (Note 3)
41.00%
2
Chicken Sheep Co., Ltd. (Notes 1, 2)
10.66%
3
North Pacific Co., Ltd.
4.98%
4
Yuichi IKEDA
2.18%
5
Yoshie SAKAI
1.60%
6
LOGOS HOLDINGS INC. Employee Stock Ownership Association
1.44%
7
Satsubeni Holdings Co., Ltd.
1.36%
8
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB; Standing Proxy: Nomura Securities Co., Ltd.)
1.08%
9
Takeya IWANAGA
1.02%
10
BOSS Co., Ltd.
0.90%
Management
8 officers
Yuichi IKEDA
Representative Director, President
Jan 1987 Joined Noah First-Class Architect Office Apr 1990 Joined Oku First-Class Architect Office Apr 1994 Joined Taihei Jutaku Co., Ltd. Jun 2003 Established Logos Home Co., Ltd. Jan 2004 Director, Logos Home Co., Ltd. (current) Jun 2006 Representative Director, Logos Home Co., Ltd. Feb 2015 Representative Director, Logos Creative Office Philippines Inc. (current) Oct 2015 President and Representative Director, Chicken Sheep Co., Ltd. (current) Sep 2016 Representative Director, PLAPRO Co., Ltd. (now ROOT LINK Co., Ltd.) Jul 2018 Representative Member, FAM LLC (current) Jul 2018 Representative Member, One Tone LLC (current) Mar 2020 Director, Hoei Construction Co., Ltd. (current) Jul 2020 Representative Director, Hoei Construction Co., Ltd. Jul 2020 Representative Director, Logos Holdings Co., Ltd. Jul 2020 President and Representative Director, Hoei Holdings Co., Ltd. (now the Company) (current) Feb 2022 Director, ROOT LINK Co., Ltd. (current) May 2022 Director, GALLERY HOUSE Co., Ltd. (current) Jan 2024 Representative Director, Sora to Umi to General Incorporated Association (current) Dec 2024 Director, Sakai Construction Co., Ltd. (current) Jul 2026 Representative Director, LHD-1 Co., Ltd. (current)
1967-12-20
Takeya IWANAGA
Managing Director, General Manager of Accounting Department
May 2005 Joined RBT Group Co., Ltd. Apr 2007 Joined Hokuto Tax Accounting Corporation Jul 2015 Director, General Manager of Administration Division, Hoei Construction Co., Ltd. May 2018 Corporate Auditor, Hoei Home Co., Ltd. Oct 2018 Director, RC Housing Higashi Nihon Co., Ltd. Mar 2019 Director, Hoei Home Co., Ltd. Apr 2020 Director, Logos Home Co., Ltd. (current) Jul 2020 Director, Logos Holdings Co., Ltd. Jul 2020 Director, Hoei Holdings Co., Ltd. (now the Company) Aug 2021 Director, Hoei Construction Co., Ltd. (current) Aug 2021 Director, General Manager of Accounting Department, the Company Nov 2021 Director, Logos Creative Office Philippines Inc. Feb 2022 Director, ROOT LINK Co., Ltd. (current) May 2022 Director, GALLERY HOUSE Co., Ltd. (current) Aug 2024 Managing Director, General Manager of Accounting Department, the Company (current) Dec 2024 Director, Sakai Construction Co., Ltd. (current) Jul 2026 Director, LHD-1 Co., Ltd. (current)
1981-01-06
Jun TAKEDA
Director, General Manager of Architectural Technology Department
May 1996 Joined Nose Kōmuten Ltd. Sep 2000 Joined Marumitsu Yoshida Kōmuten Co., Ltd. Sep 2007 Joined Hokuo Co., Ltd. Mar 2010 Joined Katsumi Construction Co., Ltd. Jul 2011 Joined Logos Home Co., Ltd. Apr 2012 Executive Officer, General Manager of Building Department, and Branch Manager of Obihiro Branch, Logos Home Co., Ltd. Aug 2013 Director, General Manager of Design Department, Logos Home Co., Ltd. Feb 2015 Director, Logos Creative Office Philippines Inc. Jan 2021 Director, the Company Aug 2021 Director, Logos Home Co., Ltd. (current) Aug 2021 Director, General Manager of Architectural Technology Department, the Company (current)
1977-03-28
Makiyo SATO
Director
May 1992 Joined Japan Airlines Co., Ltd. Oct 2003 Registered as attorney (Sapporo Bar Association) Oct 2003 Joined Muramatsu Law Office Oct 2006 Established Park Front Law Office Sep 2013 Representative Attorney, Park Front Law Office Corporation (current) Jan 2018 Outside Director, Lilac Pharma Co., Ltd. Aug 2024 Director, the Company (current) Nov 2024 Outside Director, Lilac Pharma Co., Ltd. (resigned)
1969-05-18
Shoko AOYAMA
Director
Oct 2001 Joined Deloitte Touche Tohmatsu LLC, Sapporo Office Jul 2005 Registered as Certified Public Accountant Nov 2010 Joined Deloitte Tohmatsu Tax Co., Shizuoka Office Oct 2011 Head of Sapporo Office, Deloitte Tohmatsu Tax Co. (left Jun 2013) Jul 2013 Joined Deloitte Touche Tohmatsu LLC, Sapporo Office (left Sep 2022) Oct 2022 Established Shoko Aoyama Certified Public Accountant Office (current) Jun 2026 Outside Director, Hokuyo Bank, Ltd. (current)
Hiroyuki TAKEGAWA
Corporate Auditor
Apr 1983 Joined Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Apr 1990 Established Hiroyuki Takegawa Certified Public Accountant Office, Representative (current) Mar 1991 Representative Director, Business Brains Co., Ltd. (current) May 2002 Director, Takegawa Business Service Ltd. (current) Jul 2002 Representative Partner, Takegawa Accounting Office Tax Accountant Corporation (current) Feb 2006 Auditor, Obihiro Regional Automobile Maintenance Promotion Association (current) May 2006 Auditor, Hokkaido Medical Foundation (current) Feb 2008 Auditor, Tokachi Workers' Mutual Aid Center (current) Apr 2010 Adviser, Obihiro University of Agriculture and Veterinary Medicine (now Obihiro University of Agriculture and Veterinary Medicine, Hokkaido National University Corporation) (current) Apr 2012 Adviser, Tokachi Dental Association (current) May 2013 Auditor, Obihiro Construction Industry Association (current) Nov 2013 Auditor, Obihiro Chamber of Commerce and Industry (current) May 2015 Corporate Auditor, Logos Home Co., Ltd. Jun 2016 Adviser, Hokkaido Credit Federation of Agricultural Cooperatives (current) Aug 2021 Corporate Auditor, the Company (current)
1955-11-21
Satoshi SHIMIZU
Corporate Auditor
Apr 2000 Registered as attorney (Sapporo Bar Association) Oct 2004 Established Shimizu Law Office May 2016 Representative Attorney, Shimizu Law Office Corporation (current) Jan 2023 Corporate Auditor, the Company (current) Apr 2024 Chairperson, Hokkaido Federation of Bar Associations Mar 2025 Chairperson, Hokkaido Federation of Bar Associations (resigned) Mar 2026 Vice President, Japan Federation of Bar Associations (current)
1971-12-02
Takao NAKAGAWA
Corporate Auditor
Mar 1987 Joined Kotobukiya Co., Ltd. Feb 2002 Joined Transgenic, Inc. Jul 2009 Joined Horbiga Japan Co., Ltd. Mar 2011 Joined Nihon Katan Co., Ltd. Nov 2023 Joined the Company, Deputy General Manager of Accounting Department (current)
Large Shareholding Reports
Endeavor United Co., Ltd.
2026-09-11
5.35%→0.00%
Endeavor United Co., Ltd.
2026-01-29
50.79%→41.00%
Chicken Sheep Co., Ltd.
2026-01-23
7.82%→10.66%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-15
Q1 Earnings Flash
FY ending May 2027
EDINET
2026-09-11
Large Shareholding Report
EDINET
2026-08-26
Annual Securities Report
Period: Jun 2025 – May 2026
TDnet
2026-08-05
株主総会招集通知
TDnet
2026-04-14
Q3 Earnings Flash
FY ending May 2026
EDINET
2026-01-29
Large Shareholding Report
EDINET
2026-01-23
Large Shareholding Report
EDINET
2026-01-14
Semi-Annual Securities Report
Period: Jun 2025 – May 2026
TDnet
2025-10-15
Q1 Earnings Flash
FY ending May 2026
EDINET
2025-08-27
Annual Securities Report
Period: Jun 2024 – May 2025
TDnet
2025-04-14
Q3 Earnings Flash
FY ending May 2025
EDINET
2025-01-14
Semi-Annual Securities Report
Period: Jun 2024 – May 2025
TDnet
2024-10-15
Q1 Earnings Flash
FY ending May 2025
EDINET
2024-08-30
Annual Securities Report
Period: Jun 2023 – May 2024
EDINETAmended
2024-06-20
Amended Securities Registration Statement
EDINETAmended
2024-06-12
Amended Securities Registration Statement
EDINET
2024-05-24
Securities Registration Statement
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