Overview
Services

Aoba-BBT,Inc.

Aoba-BBT operates two core businesses: a Recurrent Education business providing online management education, leadership development, MBA programs (including BBT University and BOND-BBT MBA), English language training, and IT/AI literacy programs to corporate clients and individual professionals; and a Platform Services business operating a network of international schools in Japan (including IB-accredited Aoba Japan International School and Cambridge-certified Musashi International School Tokyo) for students aged 1 to 18. The company leverages its proprietary 'AirCampus®' e-learning platform and a library of over 19,000 hours of original educational content developed since its founding. Its competitive strengths include over 20 years of corporate management education expertise, a strong association with renowned strategist Kenichi Ohmae, and a fully online, flexible delivery model.

Market Cap
¥5.02B
US$32.0M
EV
¥0.93B
US$5.90M
Stock¥362▲+0.56%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
1.2
x
LTM EV/EBIT
1.8
x
LTM PER
15.4
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
5.02BUS$32.0MMarket Cap0.10BUS$0.64M+ Debt4.18BUS$26.7M− Cash0.01BUS$0.07M− Inv. Sec.0.00BUS$0.00M+ NCI0.93BUS$5.90MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
6.76US$43.1M'22/37.26US$46.3M'23/37.47US$47.7M'24/37.70US$49.1M'25/37.67US$48.9M'26/3
EBITDA 5Y (¥B)
0.76US$4.82M'22/30.58US$3.72M'23/30.63US$4.03M'24/30.68US$4.33M'25/30.68US$4.36M'26/3
Net Income 5Y (¥B)
0.22US$1.41M'22/30.72US$4.61M'23/30.24US$1.54M'24/30.24US$1.54M'25/30.27US$1.75M'26/3
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.66US$10.6M1.90US$12.1M'22/33.23US$20.6M0.21US$1.31M'23/32.30US$14.7M0.14US$0.88M'24/32.78US$17.7M0.11US$0.72M'25/33.02US$19.3M0.11US$0.68M'26/3
Shareholders
Top 10 hold 57.7%
1
Kenichi OMAE
34.63%
2
Custody Bank of Japan, Ltd. (Trust Account E)
8.66%
3
THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD - SINGAPORE BRANCH PRIVATE BANKING DIVISION CLIENTS A/C 8221 - 623793 (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
4.07%
4
Hiroaki KUBO
1.73%
5
Toshihiko UEHARA
1.66%
6
Taku SAKAI
1.64%
7
Masafumi MIYAMOTO
1.43%
8
Aoba-BBT Employee Stock Ownership Association
1.36%
9
Hiroshi OHNISHI
1.31%
10
Jun HIMORI
1.22%
Management
8 officers
Iwao SHIBATA
Representative Director, President; Secretary-General, Business Breakthrough University
Jun 1990 Joined Andersen Consulting (now Accenture) Sep 1996 Joined Booz Allen & Hamilton Sep 1997 Joined Ohmae & Associates, Inc. May 1998 Established Plat Home Co., Ltd. (now Everyday.com Co., Ltd.) Oct 2004 Representative Director, Everyday.com Co., Ltd. Mar 2006 Representative Director, Orange Life Co., Ltd. Jun 2009 Representative Director, Shunkobo Co., Ltd. Jun 2011 Representative Director, IS Research Institute Co., Ltd. (current) Jun 2012 Director, the Company Oct 2013 Representative Director, President, Aoba International Educational Systems Co., Ltd. (current) Nov 2014 Representative Director, President, Gendai Yoji Kiso Kyoiku Kaihatsu Co., Ltd. Nov 2014 Director, General Incorporated Foundation for Education Promoting Lives in the Global Society (current) Oct 2015 Representative Director, President, Summerhill International Co., Ltd. Apr 2016 Director, the Company; General Manager, Platform Business Division Apr 2017 Vice President and Director, the Company Jun 2017 Secretary-General, Business Breakthrough University (current) Jun 2017 Representative Director, Vice President, the Company Jun 2018 Representative Director, President, the Company May 2019 Director, Little Angels Gakuen Co., Ltd. (now Aoba International Educational Systems Co., Ltd.) Jul 2019 Representative Director, President and President Executive Officer, the Company (current) Nov 2019 Outside Audit & Supervisory Board Member, Direct Link Co., Ltd. (current) Dec 2019 Director, IT Planners Japan Asia Pacific Co., Ltd. (current) Jan 2020 Representative Director, Embassy Friendship Exchange Association (NPO) (current) May 2020 Representative Director, Center for Innovation (General Incorporated Foundation) (current) Oct 2021 Representative Director, President, Musashi International Education Co., Ltd. (now Aoba International Educational Systems Co., Ltd.) Aug 2022 Representative Director, Global Education Scholarship Association (General Incorporated Foundation) (current) Feb 2025 Director, Hokuriku Gakuin (school corporation) (current)
1965-09-11
Tatsuhiko MASAMOTO
Director, Vice President
Apr 1990 Joined Nissho Iwai Corporation (now Sojitz Corporation) Nov 1994 Seconded to Nissho Iwai New Zealand Ltd. Mar 1999 Joined the Company Jun 2000 Director, the Company Jul 2011 Executive Vice President, Representative Director, BBT Online Co., Ltd. Oct 2011 Managing Director, BBT Online Global Inc. Oct 2013 Director, Aoba International Educational Systems Co., Ltd. (current) Apr 2016 Director, the Company; General Manager, Content Planning, Language Education and Executive Training Business Division May 2016 Representative Director, President, BBT Online Co., Ltd.; Director, President, BBT Online Global Inc. Apr 2018 Director, the Company; General Manager, Content Planning, Language Education and Executive Training Business Division; Deputy General Manager, Corporate Sales Division Jul 2018 Director and Executive Officer, the Company; General Manager, Content Planning, Language Education and Executive Training Business Division; Deputy General Manager, Corporate Sales Division Jul 2019 Managing Executive Officer, the Company; General Manager, Content Planning, Language Education and Executive Training Business Division; Deputy General Manager, Corporate Sales Division Apr 2020 Director, Tokyo Kogei University (school corporation) (current) Jul 2021 Director, Blending Japan Co., Ltd. (now Aoba-BBT Global Co., Ltd.) Oct 2021 Managing Executive Officer, the Company; General Manager, Recurrent Education Business Division; Deputy General Manager, Corporate Sales Division Jun 2022 Director and Senior Managing Executive Officer, the Company; General Manager, Recurrent Education Business Division; Deputy General Manager, Corporate Sales Division (current) Jan 2023 Outside Director, Torque Co., Ltd. Jun 2024 Director, MenterMe Co., Ltd. Apr 2025 Director and Senior Managing Executive Officer, the Company; General Manager, Corporate Training Business Division (current) Jan 2026 Director, Audit and Supervisory Committee Member, Torque Co., Ltd. (current)
1967-03-28
Yuji TOKUNAGA
Director (Full-time Audit and Supervisory Committee Member)
Apr 1992 Joined Goyo Corporation Jul 2001 Joined the Company Aug 2002 Executive Officer, the Company Jun 2005 Director, the Company Oct 2013 Director, Aoba International Educational Systems Co., Ltd. Apr 2016 Director, the Company; General Manager, Finance and General Affairs Division Jul 2019 Executive Officer (CFO), the Company; General Manager, Finance and General Affairs Division Apr 2022 Executive Officer (CFO), the Company; General Manager, Corporate Promotion Division Jun 2023 Director (Full-time Audit and Supervisory Committee Member), the Company (current)
1969-08-25
Akira SHIMURA
Director, Audit and Supervisory Committee Member
Jul 1971 Representative Director, President, Rigaku Denki Co., Ltd. (now Rigaku Corporation) Representative Director, President, Rigaku Denki Kogyo Co., Ltd. Nov 1986 Representative Director, President, Rigaku Corporation Mar 2000 Chairman and Chief Executive Officer, OSMIC, Inc. (now Rigaku Innovative Technologies, Inc.), USA Mar 2001 Chairman and Chief Executive Officer, Rigaku/MSC, Inc. (now Rigaku Americas Corporation) Mar 2004 Chairman, Rigaku/MSC, Inc. Apr 2004 Representative Director, President, Rigaku Corporation (merger of Rigaku Denki Co., Ltd. and former Rigaku Corporation) Jun 2005 Audit & Supervisory Board Member, the Company Mar 2006 Chairman, Rigaku Americas Corporation Jan 2008 Chairman, Rigaku Electrical Instruments (Beijing) Co., Ltd. Jan 2010 Director, Rigaku Portable Devices Asia Limited Mar 2010 Chairman of the Board, Rigaku Europe SE Feb 2014 Representative Director (CEO), Rigaku Americas Holding, Inc. May 2015 Chairman of Management Meeting, Rigaku Polska Sp. z o.o. Nov 2015 Director, Rigaku Asia Pacific Pte. Ltd. Jun 2019 Outside Director (Audit and Supervisory Committee Member), the Company (current) Jun 2019 Chairman, Rigaku Corporation Mar 2021 Representative Director, Chairman and President, Rigaku Holdings Corporation Mar 2021 Representative Director, Crysco Co., Ltd. (current) Jun 2021 Chairman, Rigaku Holdings Corporation Aug 2021 Director, MILabs B.V. Sep 2021 Representative Director, Asuka Co., Ltd. (current) Jul 2022 Director, Rigaku Americas Holding, Inc.
1948-09-05
Yumiko KAMATA
Director
Apr 1989 Joined East Japan Railway Company Jun 2005 Representative Director, President, JR East Station Retailing Co., Ltd. Nov 2008 General Manager, Business Creation Headquarters (Regional Revitalization and Childcare Support Business), East Japan Railway Company May 2013 Deputy Director, Frontier Service Research Institute, Research and Development Center, East Japan Railway Company Feb 2015 Senior Executive Officer, Calbee, Inc. Mar 2015 Outside Director, Pola Orbis Holdings Inc. Jun 2015 Outside Director, Michinoku Bank, Ltd. Dec 2018 Representative Director, ONE GLOCAL Inc. (current) Jun 2020 Outside Director, Taiyo Holdings Co., Ltd. Jun 2021 Outside Director, Public-Private Partnership Promotion Organization (current) Jun 2022 Outside Director, the Company (current) Apr 2025 Visiting Professor, Graduate School, Tama University (current) Jun 2025 Outside Director, Yaoko Co., Ltd. (current) Oct 2025 Outside Director, Blue Zone Holdings Co., Ltd. (current)
1966-02-23
Soki OMAE
Director
Mar 2002 Representative Director, President, Creative Hope Co., Ltd. Feb 2013 Representative Director, Chairman, Creative Hope Co., Ltd. (current) May 2013 Representative Director, President, CRHM Co., Ltd. Jan 2014 Professor, Business Breakthrough University Jan 2016 Professor, Business Breakthrough University Graduate School (current) May 2016 Director, Drone Emotion Co., Ltd. May 2017 Member, DRONE FUND Advisory Board Sep 2018 Co-Representative Partner, DRONE FUND Nov 2018 Outside Director, Metroweather Co., Ltd. (current) Mar 2020 Director, DRONE FUND Co., Ltd. (current) May 2020 Outside Director, Terra Labo Co., Ltd. (current) Sep 2022 Outside Director, Nihon Fuda Seisakusho Co., Ltd. (current) May 2023 Outside Director, SORA Technology Co., Ltd. (current) Jun 2023 Director, the Company (current) Aug 2023 Outside Director, FullDepth Inc. (current) Jan 2024 Outside Director, Redcliff Inc. (current) Sep 2024 Outside Director, SkyDrive Inc. Mar 2026 Outside Director, VFR Inc. (current)
1974-05-23
Heiichi ITAKURA
Director
Jun 1997 Joined Kinko's Japan Co., Ltd. Apr 2002 Joined Berlitz Japan Inc. Jun 2006 Joined the Company Jun 2014 Executive Officer, Aoba International Educational Systems Co., Ltd. Apr 2017 Director, Aoba International Educational Systems Co., Ltd. (current) Jul 2018 Executive Officer, the Company (current) Jan 2020 Director, Embassy Friendship Exchange Association (NPO) (current) Jun 2025 Board Member, Hokuriku Gakuin (school corporation) (current)
1973-02-06
Hiroshi OTAKE
Director, Audit and Supervisory Committee Member
Apr 1985 Joined Tosoh Corporation Oct 1986 Joined Secom Co., Ltd. Oct 1988 Joined Building Fudosan Co., Ltd. May 1998 Director, Kagetsu Foods Co., Ltd. (now Globeat Japan Co., Ltd.) Jun 2005 Representative Director, President, GC Media Co., Ltd. (now Hatch Work Co., Ltd.) Oct 2006 Representative Director, At Office Consulting Co., Ltd. Oct 2012 Vice Chairman, Halal Japan Association (General Incorporated Association) Jun 2016 Director, Stock Sokenn Co., Ltd. Nov 2018 Representative Director, Otake & Partners Co., Ltd. (current) Dec 2018 Representative Director, Chairman, Hatch Work Co., Ltd. Apr 2025 Director, Chairman, Hatch Work Co., Ltd. (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1963-03-27
Large Shareholding Reports
Global Management Partners Limited
2026-06-09
5.00%
Disclosures
Executive Change
2026-09-07
Primary Source Filings
TDnet
2026-09-07
Executive Change
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-09
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-07
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-06-26
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2024-06-26
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINETAmended
2024-06-26
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-05
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINETAmended
2021-02-18
Amended Quarterly Securities Report
EDINET
2021-02-05
Quarterly Securities Report
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) →