Overview
Services

CVS Bay Area Inc.

CVS Bay Area operates a diversified service business comprising four core segments: hotel operations under its proprietary 'BAY HOTEL' brand (6 facilities including business hotels and unit-type accommodation in Chiba and Tokyo), mansion front services through subsidiary Ask Co., Ltd. (concierge and lifestyle support services for condominium residents, including proprietary DX tools 'OICOS' and online shopping platform 'ASQGEM'), cleaning services via subsidiary FA24 Co., Ltd. (front-desk dry cleaning, linen supply, and housekeeping for luxury condominiums and institutions), and convenience store operations as a Lawson franchisee in Chiba and Tokyo. The company also generates income from real estate leasing and haircut salon operations.

Market Cap
¥2.35B
US$14.9M
EV
¥6.27B
US$39.9M
Stock¥475▼-0.21%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
12.5
x
LTM EV/EBIT
34.1
x
LTM PER
NM
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-37.1%pt
100
Oct 23, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2.35BUS$14.9MMarket Cap5.86BUS$37.3M+ Debt1.85BUS$11.8M− Cash0.09BUS$0.56M− Inv. Sec.6.27BUS$39.9MEV
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Performance & Balance
Revenue 5Y (¥B)
7.21US$45.9M'22/26.93US$44.1M'23/27.52US$47.9M'24/27.82US$49.8M'25/27.90US$50.3M'26/2
EBITDA 5Y (¥B)
-0.16-US$1.02M'22/20.24US$1.52M'23/20.64US$4.09M'24/20.57US$3.64M'25/20.44US$2.80M'26/2
Net Income 5Y (¥B)
-0.83-US$5.29M'22/2-0.01-US$0.08M'23/20.70US$4.44M'24/21.12US$7.15M'25/2-1.14-US$7.25M'26/2
Capital Structure
35%
65%
EquityD/E 1.87xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
2.06US$13.1M4.85US$30.9M'22/22.03US$13.0M4.48US$28.5M'23/22.15US$13.7M5.32US$33.9M'24/22.01US$12.8M5.29US$33.7M'25/22.00US$12.8M5.72US$36.4M'26/2
Shareholders
Top 10 hold 57.7%
1
Uneisia Co., Ltd.
27.25%
2
Yutaka IZUMISAWA
14.70%
3
Mario IZUMISAWA
4.40%
4
Setsuko IZUMISAWA
2.91%
5
Goshin KURA
2.11%
6
Takahisa KANEMURO
2.03%
7
Yoshinobu SEMA
1.33%
8
Kazunari NAKAGAWA
1.10%
9
The Keiyo Bank,Ltd.
1.07%
10
Takayuki INOHANA
0.81%
Management
7 officers
Mario IZUMISAWA
Representative Director, President
Mar 1998 Joined the Company Apr 2002 Appointed General Manager, Sales Department Apr 2003 Appointed Executive Officer, General Manager, Sales Department Oct 2003 Appointed Executive Officer, Deputy General Manager, Development Department May 2007 Appointed Director, General Manager, Accounting Department May 2009 Appointed Director, General Manager, Sales Department Mar 2012 Appointed Representative Director, President May 2014 Appointed Director Mar 2021 Appointed Representative Director, President (current) Concurrent positions: Director, ASK Corporation; Representative Director, Executive Vice President, F.A.24 Co., Ltd.
1972-08-21
Yutaka IZUMISAWA
Director, Chairman of the Board
Apr 1967 Joined Katakura Industries Co., Ltd. Apr 1969 Joined Jun Co., Ltd. May 1970 Appointed Director, Hariken Co., Ltd. Oct 1973 Established Uneisia Co., Ltd., appointed Representative Director, President (current) Feb 1981 Established Civil Service Co., Ltd. (now CVS Bay Area Co., Ltd.), appointed Representative Director, President Dec 1996 Established CVS Bay Area Co., Ltd. (merged with the Company on Feb 1, 1998), appointed Representative Director, President Feb 1998 Appointed Representative Director, President of the Company Mar 2012 Appointed Representative Director, Chairman of the Company Concurrent positions: Representative Director, Chairman and President, ASK Corporation
1945-11-28
Akihiro DOI
Director, General Manager of Business Promotion Headquarters and General Manager of Retreat Stay Business Headquarters
Apr 1992 Joined SEC Co., Ltd. Aug 1997 Joined the Company Oct 2003 Appointed Deputy General Manager, Development Department May 2007 Appointed General Manager, Development Department May 2009 Appointed Director, General Manager, Development Department Mar 2012 Appointed Director, General Manager, Sales Headquarters Mar 2014 Appointed Director, General Manager, CRE Strategy Headquarters Jun 2018 Mar 2021 Appointed Director, General Manager, Hotel Business Headquarters and General Manager, Business Promotion Headquarters Appointed Director, General Manager of Business Promotion Headquarters Mar 2026 Appointed Director, General Manager of Business Promotion Headquarters and General Manager of Retreat Stay Business Headquarters (current)
1968-09-30
Fusae TERAHARA
Director, General Manager of Administration Headquarters
Mar 2001 Joined the Company Mar 2021 Appointed Manager, Corporate Strategy Group May 2021 Appointed Executive Officer, Manager, Corporate Strategy Group Jun 2024 Appointed Executive Officer, General Manager of Administration Headquarters May 2026 Appointed Director, General Manager of Administration Headquarters (current)
1979-03-30
Norimi YAMASHITA
Director (Audit and Supervisory Committee Member), Outside Director
May 1979 Joined The Chiba Sogo Bank (now The Keiyo Bank, Ltd.) Feb 2002 Appointed Manager, Toyoshiki Branch, The Keiyo Bank Feb 2004 Appointed Manager, Gyotoku Branch, The Keiyo Bank Feb 2006 Appointed Manager, Chiba New Town Branch, The Keiyo Bank Apr 2008 Appointed Manager, Magomezawa Branch, The Keiyo Bank Apr 2010 Appointed Manager, Urayasu Branch, The Keiyo Bank Jun 2012 Appointed Manager, Tokiwadaira Branch, The Keiyo Bank Jun 2013 Appointed Manager, Honmachi Branch, The Keiyo Bank Jun 2015 Appointed Manager, Takane Branch, The Keiyo Bank Jun 2016 Joined Keiyo Life Agency Co., Ltd., appointed Senior Managing Director May 2018 Appointed Outside Director (Audit and Supervisory Committee Member) of the Company (current) May 2020 Appointed Outside Audit & Supervisory Board Member, 3S Co., Ltd. Concurrent positions: Audit & Supervisory Board Member, F.A.24 Co., Ltd.
1960-04-04
Takeshi HIROSHIMA
Director (Audit and Supervisory Committee Member), Outside Director
Apr 1986 Joined Sanyo Securities Co., Ltd. Jun 1998 Joined Nihon Investors Securities Co., Ltd. Aug 2000 Established Investment Bridge Co., Ltd., appointed Representative Director (current) May 2020 Appointed Outside Director (Audit and Supervisory Committee Member) of the Company (current) Concurrent positions: Representative Director, Investment Bridge Co., Ltd.
1963-05-17
Hideki KURIMOTO
Director (Audit and Supervisory Committee Member), Outside Director
Oct 1996 Joined Chuo Audit Corporation Aug 2000 Registered as Certified Public Accountant Jul 2002 Assistant Manager, Corporate Conduct Division, Industrial Policy Bureau, Ministry of Economy, Trade and Industry Jul 2004 Manager, Chuo Aoyama PricewaterhouseCoopers (now Chuo Aoyama Audit Corporation) Aug 2007 Vice President, LISA Partners Inc. Oct 2013 Established Kurimoto CPA Office, Director (current) Aug 2013 Appointed Representative Director, President, Courier Advisors Co., Ltd. (current) May 2015 Appointed Outside Audit & Supervisory Board Member, Matsuya Co., Ltd. (now DELICIA Co., Ltd.) Jun 2017 Appointed Outside Director, Alpico Holdings Co., Ltd. May 2026 Appointed Outside Director (Audit and Supervisory Committee Member) of the Company (current) Concurrent positions: Head, Kurimoto CPA Office; Representative Director, President, Courier Advisors Co., Ltd.
1971-02-24
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-09
Q2 Earnings Flash
FY ending Feb 2027
EDINET
2026-10-09
Semi-Annual Securities Report
Period: Mar 2026 – Feb 2027
TDnet
2026-07-10
Q1 Earnings Flash
FY ending Feb 2027
EDINET
2026-05-26
Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2026-01-09
Q3 Earnings Flash
FY ending Feb 2026
EDINET
2025-10-10
Semi-Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2025-07-11
Q1 Earnings Flash
FY ending Feb 2026
EDINET
2025-05-28
Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2025-01-10
Q3 Earnings Flash
FY ending Feb 2025
EDINET
2024-10-15
Semi-Annual Securities Report
Period: Mar 2024 – Feb 2025
EDINET
2024-07-11
Quarterly Securities Report
Period: Mar 2024 – May 2024
TDnet
2024-07-10
Q1 Earnings Flash
FY ending Feb 2025
EDINET
2024-05-29
Annual Securities Report
Period: Mar 2023 – Feb 2024
EDINET
2024-01-11
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-12
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-13
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-05-29
Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINET
2023-01-12
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-13
Quarterly Securities Report
EDINET
2022-07-15
Quarterly Securities Report
EDINETAmended
2022-07-08
Amended Annual Securities Report
EDINET
2022-05-31
Annual Securities Report
EDINET
2022-01-13
Quarterly Securities Report
EDINET
2021-10-15
Quarterly Securities Report
EDINET
2021-07-15
Quarterly Securities Report
EDINET
2021-05-31
Annual Securities Report
EDINET
2021-01-14
Quarterly Securities Report
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