Overview
-

FIT EASY Inc.

FIT-EASY operates 'FIT-EASY,' a proprietary amusement fitness club brand combining conventional gym equipment with entertainment amenities such as simulation golf, private saunas, coworking lounges, self-aesthetic services, and high-concentration oxygen rooms, targeting a broad demographic including women and members aged 40 and above. As of October 2025, the company operates 238 locations nationwide (23 company-owned, 215 franchise) with approximately 224,740 members, generating revenues primarily through franchise royalties and development fees (62.6% of sales). The company's competitive strengths include a low-cost, high-quality store development model leveraging existing properties, in-house design capabilities, bulk overseas procurement of equipment, and AI facial recognition-based entry systems.

Market Cap
¥45.1B
US$288M
EV
¥42.8B
US$273M
Stock¥2,703▼-1.03%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
12.9
x
LTM EV/EBIT
14.1
x
LTM PER
21.8
x
LTM PBR
6.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-24.9%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jun 15, 26Q2 FY2026/10 earnings announced
MC → EV Bridge
45.1BUS$288MMarket Cap0.35BUS$2.25M+ Debt2.64BUS$16.8M− Cash0.00BUS$0.00M− Inv. Sec.42.8BUS$273MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
2.44US$15.6M'21/103.15US$20.1M'22/104.48US$28.6M'23/106.67US$42.6M'24/109.73US$62.1M'25/10
EBITDA 5Y (¥B)
1.82US$11.6M'24/102.51US$16.0M'25/10
Net Income 5Y (¥B)
0.05US$0.31M'21/100.04US$0.24M'22/100.72US$4.60M'23/101.08US$6.90M'24/101.53US$9.74M'25/10
Capital Structure
95%
EquityD/E 0.05xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'21/10'22/10'23/102.50US$15.9M0.65US$4.17M'24/103.27US$20.9M0.50US$3.22M'25/10
Shareholders
Top 10 hold 65.7%
1
Olive Co., Ltd.
44.92%
2
Senji KUNIE
8.54%
3
Custody Bank of Japan, Ltd. (Trust Account)
3.14%
4
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.02%
5
Yuki NAKAMORI
1.49%
6
Kiku KUNIE
1.19%
7
JPMorgan Securities Japan Co., Ltd.
0.94%
8
Rakuten Securities, Inc. (Joint Account)
0.85%
9
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
0.83%
10
Dai FUKAI
0.80%
Management
13 officers
Senji KUNIE
Representative Director, President
Apr 1983 Joined Daiki Interior Co., Ltd. Apr 1987 Established Interior Kays Apr 1994 Incorporated the same company (Interior Kays Co., Ltd.) Apr 1994 Appointed Representative Director of Interior Kays Co., Ltd. Apr 2008 Established Kays Builder Co., Ltd. Apr 2008 Appointed Representative Director of Kays Builder Co., Ltd. May 2018 Established Kays Co., Ltd. May 2018 Appointed Representative Director of Kays Co., Ltd. (current) Jul 2018 Established the Company Jul 2018 Appointed Representative Director, President of the Company (current)
1964-11-20
Yuki NAKAMORI
Director, Vice President
Apr 1993 Joined Shimizu Kogyo Co., Ltd. Apr 1994 Joined FTC Project Co., Ltd. (now FTC Co., Ltd.) Mar 2005 Appointed General Manager, Franchise Division of the same company Mar 2005 Appointed Director of the same company Mar 2020 Joined Grand Gallery Co., Ltd. Mar 2020 Appointed Executive Officer of the same company Aug 2021 Joined the Company Dec 2021 Appointed Director, Vice President of the Company (current)
1974-04-12
Takuki MORITA
Managing Director, General Manager, Sales Division
Apr 2011 Joined Hokaze Co., Ltd. Jul 2018 Joined the Company Oct 2020 Appointed Director, Deputy General Manager, Sales Division of the Company Dec 2021 Appointed Managing Director, General Manager, Sales Division of the Company (current)
1988-11-29
Kiku KUNIE
Director, General Manager, Corporate Planning Division
Apr 2004 Joined Interior Kays Co., Ltd. Jan 2016 Appointed Director of Interior Kays Co., Ltd. May 2018 Established Kays Co., Ltd. May 2018 Appointed Director of Kays Co., Ltd. (current) Jul 2018 Established the Company Jul 2018 Appointed Director, General Manager, Corporate Planning Division of the Company (current)
1974-04-12
Yuji FUJIWARA
Managing Director, General Manager, Management Administration Division
Apr 1991 Joined Matsushita Electric Industrial Co., Ltd. (now Panasonic Corporation) Jan 1998 Joined Tokai Research Institute Co., Ltd. (now Mitsubishi UFJ Research & Consulting Co., Ltd.) Apr 2005 Appointed Deputy General Manager and Chief Consultant, Management Strategy Department of the same company Jul 2011 Established Innovation Lab; appointed Representative Management Consultant Feb 2019 Appointed Full-time Corporate Auditor of JBR Anshin Hosho Co., Ltd. (now Japan Warranty Support Co., Ltd.) Oct 2019 Appointed Director and General Manager, Administration Department of the same company Jan 2023 Appointed Director, General Manager, Management Administration Division of the Company Jan 2024 Appointed Managing Director, General Manager, Management Administration Division of the Company (current)
1968-07-27
Hisashi SHINTANI
Director
Apr 1975 Joined Goyo Kosan Co., Ltd. Apr 1976 Joined Taiyo Pharmaceutical Industry Co., Ltd. Sep 1980 Joined Taiyo House Co., Ltd. Apr 1995 Appointed Senior Managing Director of Taiyo Yokon Construction Co., Ltd. Apr 1999 Appointed President of Taiyo Yokon Construction Co., Ltd. Apr 1999 Appointed Representative Director, President of Taiyo House Co., Ltd. (current) Apr 2005 Appointed Director of Taiyo Pharmaceutical Industry Co., Ltd. Apr 2010 Appointed Director of Takayama Green Hotel Co., Ltd. Apr 2012 Appointed Director of Kanayama Kaikan Co., Ltd. (current) Apr 2012 Appointed Corporate Auditor of Shintani Shoten Co., Ltd. (current) Dec 2012 Appointed Director of Maru Dai Sangyo Co., Ltd. (current) Dec 2012 Appointed Corporate Auditor of Taiyo Kosan Co., Ltd. (current) Apr 2017 Appointed Corporate Auditor of Nagoya Oceans Co., Ltd. (current) Jan 2023 Appointed Outside Director of the Company (current)
1953-03-25
Hideto HOSHINO
Director
Apr 1979 Joined Dekuta Co., Ltd. Apr 1984 Joined Ichiken Co., Ltd. Apr 1989 Appointed Representative Director of Access Co., Ltd. Apr 1994 Appointed Managing Director of Mints Corporation Co., Ltd. Jun 2001 Appointed Representative Director, Chairman of Cafe Company Co., Ltd. Feb 2006 Appointed Chairman, Director of W's Company Co., Ltd. (current) Apr 2007 Appointed Representative Director of Irikawa Style & Holdings Co., Ltd. (current) Apr 2010 Appointed Chairman, Director of Seikatsu Style Research Institute Co., Ltd. Jan 2023 Appointed Outside Director of the Company (current)
1957-09-04
Yoji MATSUURA
Director
Apr 1976 Joined The Juroku Bank, Ltd. Jun 2006 Appointed Director of The Juroku Bank, Ltd. Jun 2009 Appointed Managing Director of The Juroku Bank, Ltd. Jan 2013 Joined Densan System Holdings Co., Ltd. Mar 2014 Appointed Managing Director, Executive Officer of Densan System Holdings Co., Ltd. Mar 2015 Appointed Senior Managing Director, Executive Officer of Densan System Holdings Co., Ltd. Mar 2018 Appointed Vice President, Director of Densan System Holdings Co., Ltd. Mar 2023 Appointed Special Advisor of Densan System Holdings Co., Ltd. Mar 2024 Appointed Outside Director of the Company (current)
1954-01-06
Yuko MORIGUCHI
Director
Dec 1975 Joined Japan Ladies Professional Golf Association (JLPGA) Mar 2012 Appointed Member, Gifu Prefectural Board of Education Jun 2015 Appointed Outside Director of Goldwin Inc. Jun 2020 Appointed Outside Director of Ogaki Kyoritsu Bank, Ltd. (current) Mar 2024 Appointed Outside Director of the Company (current)
1955-04-13
Tatsuya GOTO
Director
Apr 1982 Joined Himalaya Co., Ltd. Nov 2009 Appointed Director of Himalaya Co., Ltd. Nov 2011 Appointed Managing Director of Himalaya Co., Ltd. Nov 2015 Appointed Senior Managing Director of Himalaya Co., Ltd. Nov 2016 Appointed Representative Director, President of Himalaya Co., Ltd. Nov 2021 Appointed Director of Himalaya Co., Ltd. Jan 2026 Appointed Outside Director of the Company (current)
1959-08-26
Noriyoshi OGURA
Full-time Corporate Auditor
Apr 1978 Joined Suntory Foods Ltd. Apr 2002 Appointed General Manager, Sales Promotion Department of Suntory Foods Ltd. Apr 2004 Appointed Manager, Fukushima Branch of Suntory Foods Ltd. Apr 2010 Appointed Manager, Shizuoka Branch of Suntory Foods Ltd. Jul 2013 Transferred to Suntory Beverage & Food Ltd. Oct 2013 Seconded to Sanbend Co., Ltd. (remaining on the payroll of Suntory Beverage & Food Ltd.); appointed General Manager Apr 2016 Seconded to Sunlive Co., Ltd. (remaining on the payroll of Suntory Beverage & Food Ltd.); appointed Area Manager Jan 2023 Appointed Full-time Corporate Auditor (Outside) of the Company (current)
1955-04-20
Wataru NAGAE
Corporate Auditor
Apr 2011 Appointed Associate Professor, Faculty of Law, Institute of Human and Social Sciences, Kanazawa University Apr 2018 Appointed Associate Professor, Graduate School of Law, Nanzan University Feb 2021 Appointed Director of the Company Dec 2021 Appointed Corporate Auditor of the Company (current) Apr 2024 Appointed Professor, Graduate School of Law, Nanzan University (current)
1981-11-17
Hirotaka MIZUKOSHI
Corporate Auditor
Dec 2007 Joined Shin Nihon & Co. (now EY ShinNihon LLC) Aug 2008 Joined Asahi Certified Public Tax Accountants Corporation Jan 2011 Joined Kakiyasu Honten Co., Ltd. Sep 2012 Joined Shinsei Kogyo Co., Ltd. Apr 2018 Appointed Deputy Manager, Operations Department of Shinsei Kogyo Co., Ltd. Jan 2019 Established Mizukoshi Business Support Co., Ltd.; appointed Representative Director (current) Aug 2020 Registered as Certified Public Accountant; established Mizukoshi CPA Office, appointed Office Head (current) Jan 2023 Appointed Outside Corporate Auditor of the Company (current)
1977-09-08
Large Shareholding Reports
Olive Co., Ltd.
2026-10-05
45.40%→36.94%
Annual report (as of 2026-04-30): 44.92%
Olive Co., Ltd.
2025-11-04
45.40%→45.40%
Annual report (as of 2026-04-30): 44.92%
Olive Co., Ltd.
2025-10-17
47.20%→45.40%
Annual report (as of 2026-04-30): 44.92%
Olive Co., Ltd.
2025-10-08
47.20%→47.20%
Annual report (as of 2026-04-30): 44.92%
Nomura Asset Management Co., Ltd.
2025-08-05
3.95%→3.22%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-05
Large Shareholding Report
TDnet
2026-09-14
Q3 Earnings Flash
FY ending Oct 2026
EDINET
2026-06-12
Semi-Annual Securities Report
Period: Nov 2025 – Oct 2026
TDnet
2026-03-13
Q1 Earnings Flash
FY ending Oct 2026
EDINET
2026-01-29
Annual Securities Report
Period: Nov 2024 – Oct 2025
EDINET
2025-11-04
Large Shareholding Report
EDINET
2025-10-17
Large Shareholding Report
EDINET
2025-10-08
Large Shareholding Report
EDINETAmended
2025-10-06
Amended Securities Registration Statement
EDINETAmended
2025-09-26
Amended Annual Securities Report
Period: Nov 2023 – Oct 2024
EDINET
2025-09-26
Securities Registration Statement
TDnet
2025-09-26
Q3 Earnings Flash
FY ending Oct 2025
TDnet
2025-09-12
Q3 Earnings Flash
FY ending Oct 2025
EDINET
2025-08-05
Large Shareholding Report
EDINET
2025-06-13
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
EDINETAmended
2024-07-12
Amended Securities Registration Statement
EDINETAmended
2024-07-04
Amended Securities Registration Statement
EDINET
2024-06-19
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) →