Overview
Wholesale Trade

FTGroup CO.,LTD.

FT Group is a Japan-based holding company operating across two core segments: Network Infrastructure and Corporate Solutions. The Network Infrastructure segment offers retail electricity services ('F-ene Denki,' 'FT Denki'), fiber-optic internet services ('Hikari Hayatoku'), and water-saving/server rental services, targeting residential and small business customers with recurring, stock-revenue-oriented subscription models. The Corporate Solutions segment provides IT and communications equipment (business phones, OA equipment, UTM, file servers), environmental equipment (LED lighting, air conditioning, air purification), and ancillary battery/solar panel resale services primarily to SMEs and sole proprietors across Japan.

Market Cap
US$223M
¥35.6B
EV
US$120M
¥19.2B
StockUS$7.51(¥1,199)▲+3.72%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
2.1
x
LTM EV/EBIT
2.1
x
LTM PER
5.5
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-20.0%pt
100
Nov 13, 25 – Jul 29, 26StockTOPIX
MC → EV Bridge
US$223M¥35.6BMarket CapUS$17.2M¥2.74B+ DebtUS$113M¥18.1B− CashUS$7.03M¥1.12B− Inv. Sec.US$120M¥19.2BEV
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Performance & Balance
Revenue 5Y (US$)
US$283M¥45.2B'22/3US$255M¥40.7B'23/3US$228M¥36.5B'24/3US$217M¥34.6B'25/3US$198M¥31.6B'26/3
EBITDA 5Y (US$)
US$45.7M¥7.30B'22/3US$40.4M¥6.45B'23/3US$51.4M¥8.20B'24/3US$60.2M¥9.62B'25/3US$57.6M¥9.19B'26/3
Net Income 5Y (US$)
US$30.1M¥4.81B'22/3US$22.7M¥3.63B'23/3US$33.1M¥5.28B'24/3US$41.4M¥6.61B'25/3US$40.5M¥6.46B'26/3
Capital Structure
93%
EquityD/E 0.08xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$52.0M¥8.31BUS$70.5M¥11.3B'22/3US$107M¥17.1BUS$42.1M¥6.72B'23/3US$125M¥19.9BUS$28.8M¥4.59B'24/3US$124M¥19.8BUS$22.8M¥3.64B'25/3US$113M¥18.1BUS$17.2M¥2.74B'26/3
Shareholders
Top 10 hold 81.4%
1
Hikari Tsushin, Inc., Representative Director Yasumitsu SHIGETA
59.56%
2
HCMA Alpha Co., Ltd., Representative Director Hideaki WADA
13.02%
3
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
1.91%
4
Murata Machinery, Ltd., Representative Director Daisuke MURATA
1.67%
5
Kinji NEGISHI
1.37%
6
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
1.21%
7
Toshiyuki HIRASAKI
1.14%
8
Hiroyuki YAMAMOTO
0.61%
9
NTT TC Leasing Co.,Ltd.
0.52%
10
FTGroup CO.,LTD. Business Partners' Stock Ownership Association
0.44%
Management
5 officers
Ryoji KOBAYASHI
Representative Director, President
Apr 2009 Joined Hikari Tsushin, Inc. Apr 2013 Director, Mitsubachi Hoken Group Co., Ltd. Apr 2014 Manager, Finance Department, Management Division, Hikari Tsushin, Inc. Jun 2014 Audit & Supervisory Board Member, Universal Solution Systems Co., Ltd. Jun 2023 Audit & Supervisory Board Member, EPARK Co., Ltd. (current) Apr 2024 Manager, Finance Administration Department, Business Division, Finance Headquarters, Hikari Tsushin, Inc. Jun 2024 Director of the Company Jun 2024 Audit & Supervisory Board Member, HCMA Alpha Co., Ltd. (current) Jul 2024 Audit & Supervisory Board Member, iFlag Co., Ltd. (current) Oct 2024 Deputy Manager, Budget Management Department, Hikari Tsushin, Inc. Apr 2025 Manager, Budget Management Department, Hikari Tsushin, Inc. May 2025 Representative Director, President of the Company (current) Apr 2026 Manager, Accounting and Budget Management Department, Hikari Tsushin, Inc. (current)
1984-09-13
Shun HO
Director
Sep 2018 Joined Hikari Tsushin, Inc. Sep 2019 Director, Leo Connect Co., Ltd. Jan 2020 General Manager, Finance Division, Hikari Tsushin, Inc. Oct 2020 General Manager, Finance Division, HBD Co., Ltd. Jun 2022 Director of the Company (current) Jun 2022 Director, Sakai Holdings Co., Ltd. Jun 2024 Director, EPARK Co., Ltd. Jun 2024 Representative Director, HBD Co., Ltd. Jun 2025 Director, HCMA Alpha Co., Ltd. (current) Apr 2026 Senior Executive Officer, First Sales Division Group, Hikari Tsushin, Inc. (current) Apr 2026 Representative Director, H-Power Holdings Co., Ltd. (current)
1989-08-17
Toshiya OSHIMA
Director, Audit and Supervisory Committee Member
Apr 2005 Joined Hikari Tsushin, Inc. Aug 2015 General Manager, Management Division Office, Hikari Tsushin, Inc. May 2017 Director, BOD Co., Ltd. Jul 2018 General Manager, Human Resources Division, Hikari Tsushin, Inc. Jun 2019 Audit & Supervisory Board Member, NFC Holdings Co., Ltd. Jan 2020 Representative Director, H.T. Solutions Co., Ltd. Jun 2020 Director, Audit and Supervisory Committee Member of the Company (current) Apr 2021 Director, Core Consulting Group Co., Ltd. Jun 2021 Audit & Supervisory Board Member, Business Partner Co., Ltd. Jun 2021 Audit & Supervisory Board Member, Lifty Co., Ltd. Mar 2022 Director, ABTS Non-Bank Financial Institution Apr 2025 General Manager, Human Resources, General Affairs and Information Systems Department, President's Office, Hikari Tsushin, Inc. Jul 2025 Representative Director, IV Consulting Co., Ltd. (current)
1979-09-20
Satoshi OGATA
Director, Audit and Supervisory Committee Member
Apr 1991 Joined INAX Corporation (now LIXIL Corporation) Mar 2001 Joined Heisei Accounting Firm (now Reiwa Accounting Firm Tax Corporation) May 2003 Registered as Certified Tax Accountant Sep 2005 Founded Tokyo Accounting Office (Satoshi Ogata Tax Accounting Office) Jul 2007 Established Tokyo Accounting Office Co., Ltd. (now GALAP Associate Co., Ltd.), Representative Director (current) May 2010 Established GALAP Tax Corporation, Representative Partner (current) Feb 2011 Opened GALAP Administrative Scrivener Office, Representative (current) Apr 2015 Auditor, Konokami Welfare Association Dec 2015 Representative Director, TN Relations Co., Ltd. Dec 2015 Auditor, Red Queen Co., Ltd. Feb 2020 Director (Audit and Supervisory Committee Member), Actcall Co., Ltd. (now Chic Holdings Co., Ltd.) Jun 2023 Director of the Company Jun 2024 Director, Audit and Supervisory Committee Member of the Company (current)
1968-09-08
Koichiro YAMASHITA
Director, Audit and Supervisory Committee Member
Mar 2004 Joined Hikari Tsushin, Inc. Jul 2007 Joined Palace Capital Co., Ltd. Nov 2008 Director, Nihon Computer Systems Co., Ltd. Jun 2009 Director, Vesta Foods Co., Ltd. Jun 2011 Director, Yamagata Foods Co., Ltd. Oct 2013 Founded Cloud Nine Co., Ltd., Representative Director (current) Jul 2017 Director, Brain and Capital Investments Co., Ltd. Mar 2018 Representative Director, AP France Co., Ltd. Jun 2021 Director, EPARK Co., Ltd. Apr 2022 Auditor, F.T. Communications Co., Ltd. (now I.C. Solution Co., Ltd.) Aug 2022 Auditor, NUWORKS Co., Ltd. Jun 2023 Director of the Company Jul 2023 Director, Shizen no Mori Seiyaku Co., Ltd. (current) Jun 2024 Director, Audit and Supervisory Committee Member of the Company (current) Nov 2024 Director, Japan Blue Co., Ltd. Nov 2024 Director, Tokyo Eiko Gijutsu Co., Ltd. Dec 2024 Director, F.T. Communications Co., Ltd. (now I.C. Solution Co., Ltd.) Apr 2025 Director, Unimate Co., Ltd. (current)
1981-08-11
Large Shareholding Reports
Hikari Tsushin, Inc.
2026-07-07
58.35%→71.11%
Hikari Tsushin, Inc.
2026-04-07
57.45%→58.35%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-07-07
Large Shareholding Report
EDINET
2026-06-29
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-07
Large Shareholding Report
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
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
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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