Overview
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Laxus Technologies Inc.

Laxus Technologies operates 'Laxus,' Japan's leading subscription-based sharing service for luxury brand handbags, offering members unlimited access to high-quality bags from over 60 brands for a monthly fee of ¥9,800 (single plan) or ¥13,600 (double plan). The company sources inventory primarily through Japan's secondary luxury goods market, maintaining asset value through proprietary maintenance and repair operations, and further monetizes inventory via a rent-to-purchase option ('Kaechau Laxus') and BtoB/BtoC resale channels including domestic reuse shops and overseas e-commerce platforms. With a cumulative member base of 187,000 users—predominantly working women aged 30–40—Laxus pursues a 'value circulation model' that maximizes the lifetime revenue of each handbag asset through the combination of sharing and sales.

Market Cap
¥2.23B
US$14.2M
EV
¥2.09B
US$13.3M
Stock¥86▼-1.15%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.7
x
LTM EV/EBIT
10.4
x
LTM PER
23.5
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-67.5%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2.23BUS$14.2MMarket Cap0.95BUS$6.08M+ Debt1.10BUS$7.02M− Cash0.00BUS$0.00M− Inv. Sec.2.09BUS$13.3MEV
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Performance & Balance
Revenue 5Y (¥B)
2.01US$12.8M'23/32.25US$14.4M'24/31.29US$8.20M'24/92.56US$16.4M'25/32.28US$14.5M'26/3
EBITDA 5Y (¥B)
0.92US$5.89M'25/30.54US$3.43M'26/3
Net Income 5Y (¥B)
0.27US$1.74M'23/30.43US$2.76M'24/30.28US$1.80M'24/90.44US$2.77M'25/30.10US$0.63M'26/3
Capital Structure
77%
23%
EquityD/E 0.30xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'23/3'24/3'24/91.52US$9.71M1.30US$8.26M'25/31.18US$7.53M1.02US$6.52M'26/3
Shareholders
Top 10 hold 74.7%
1
WORLD CO.,LTD.
41.27%
2
Shoji KODAMA
24.76%
3
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
2.88%
4
Okasan Securities Co., Ltd.
1.15%
5
Nomura Securities Co., Ltd.
1.04%
6
Naoki YOSHIKAWA
0.85%
7
Kazuo SHIGA
0.84%
8
Shingo SAITO
0.71%
9
SBI SECURITIES Co., Ltd.
0.60%
10
Seigo NAITO
0.56%
Management
8 officers
Keisuke TAKAHASHI
Representative Director, President and Executive Officer
Oct 2002 Joined Roland Berger Ltd. Jan 2018 Partner, Roland Berger Ltd. Jan 2019 Virtual Company Head, Roland Berger Ltd. Aug 2020 Joined WORLD Co., Ltd.; Executive Officer, General Manager of Group Planning Division Apr 2021 General Manager of Neo-Economy Business Division and General Manager of Group Planning Division, WORLD Co., Ltd. Apr 2022 General Manager of SDGs Promotion Office and General Manager of Neo-Economy Business Division; Deputy General Manager of Digital Retail Promotion Division and Group Planning Division, WORLD Co., Ltd. Jun 2022 Joined the Company; Representative Director, President and Executive Officer (current)
1978-09-20
Satoshi NAKAO
Director and Executive Officer
Apr 1990 Joined The Nippon Credit Bank, Ltd. (now SBI Shinsei Bank, Limited) Apr 2013 Transferred to Shinsei Principal Investments Inc. (now Shinsei Investment Finance Co., Ltd.) May 2013 Seconded to Tinpan Alley Inc. Oct 2013 Executive Officer, Tinpan Alley Inc. Oct 2015 Transferred to Tinpan Alley Inc.; Executive Officer, General Manager of Management Group Jun 2016 Director, Tinpan Alley Inc. Aug 2018 Managing Director, General Manager of Management Group, Tinpan Alley Inc. Jun 2020 Director and Executive Officer; General Manager of Corporate Management Department, the Company May 2021 Director and Managing Executive Officer; General Manager of Corporate Management Department and Head of IPO Preparation Office, the Company Oct 2022 Director and Managing Executive Officer; Head of IPO Preparation Office, the Company Jun 2023 Director and Executive Officer, the Company (current)
1967-07-05
Hitomi IWASE
Outside Director
Apr 1997 Registered with Daiichi Tokyo Bar Association; joined Hitotsubashi Sogo Law Office Jun 2000 Joined Nishimura & Partners (now Nishimura & Asahi) Sep 2003 Visiting Scholar, The George Washington University Law School Apr 2004 Registered as attorney in New York State Jan 2007 Partner, Nishimura & Asahi (current) Jun 2014 Outside Audit & Supervisory Board Member, Tinpan Alley Inc. Mar 2018 Outside Audit & Supervisory Board Member, gooddays Holdings Co., Ltd. Sep 2018 Part-time Lecturer, Graduate School of Law, Hitotsubashi University (Business Law Program) (current) May 2021 Outside Director (Audit and Supervisory Committee Member), Unifa Inc. (current) May 2021 Outside Director, the Company (current) Mar 2023 Outside Director, GungHo Online Entertainment, Inc. Jun 2023 Director, Japan Intellectual Property Protection Association (General Incorporated Association) (current)
1971-07-01
Erika ARAI
Outside Director
Apr 2000 Joined Isetan Co., Ltd. (now Isetan Mitsukoshi Holdings Ltd.) Mar 2003 Established KUSUKUSU INTERNATIONAL Inc. May 2005 Joined Hakuhodo Inc. Jan 2009 Joined Guinness World Records Ltd. Japan Office (now Guinness World Records Japan K.K.) Jan 2014 Representative Director, Guinness World Records Japan K.K. Sep 2015 Director, World In Tohoku (now World In You) (General Incorporated Association) (current) May 2021 Outside Director, the Company (current) Oct 2021 Director, Naro Inc. Mar 2023 Representative for Japan and Executive Member, Believe Japan LLC (current) May 2023 Director, Tunecore Japan Inc. (current)
1977-12-26
Madoka TANIMURA
Outside Director
Apr 1995 Joined McKinsey & Company, Inc. Japan May 1999 Joined Walt Disney Japan, Ltd. Feb 2002 Joined Shinsei Bank, Limited (now SBI Shinsei Bank, Limited) Oct 2007 Joined Walt Disney Japan, Ltd. Sep 2018 Joined 8Roses Ventures Japan Aug 2019 Joined T3 LLC Nov 2019 Vice Chairperson, Gan to Hataraku Ouendan (General Incorporated Association) Dec 2020 Director, Japan Philanthropic Advisory (now Japan Philanthropic Partners) (General Incorporated Association) (current) May 2021 Outside Director, the Company (current) Apr 2022 Representative Director, Gan to Hataraku Ouendan (General Incorporated Association) (current) Sep 2024 Director, Japan Philanthropic Foundation (Public Interest Incorporated Foundation) (current)
1971-08-18
Hirofumi KUSUNOKI
Full-time Audit & Supervisory Board Member
Apr 1972 Joined The Hiroshima Bank, Ltd. Apr 2004 Joined Yamato Heavy Industries Co., Ltd. Mar 2005 Director, Yamato Heavy Industries Co., Ltd. Nov 2009 Joined the Company Jan 2010 Full-time Audit & Supervisory Board Member, the Company (current)
1952-01-30
Kazuyuki YASUMURA
Outside Audit & Supervisory Board Member
Apr 1979 Joined Tsunoda Law Office Apr 1986 Registered as attorney in Hiroshima; joined Ejima & Yasumura Law Office Apr 1998 Vice President, Hiroshima Bar Association Jun 2001 Director, Shimanami Debt Collection Co., Ltd. Jun 2006 Opened Yasumura Law Office; Managing Attorney (current) Oct 2010 Outside Audit & Supervisory Board Member, the Company (current) Jun 2012 Audit & Supervisory Board Member, Daikyo Nishikawa Corporation Mar 2016 Director, Solcom Co., Ltd. (current)
1949-09-29
Shinya TOMONAGA
Outside Audit & Supervisory Board Member
May 2005 Joined Azsa LLC Feb 2010 Registered as Certified Public Accountant Nov 2014 Registered as Certified Tax Accountant; opened Tomonaga Accounting Office, Director (current) Oct 2015 Representative Partner, Tax Corporation Kizuna Jun 2025 Outside Audit & Supervisory Board Member, the Company (current)
1974-11-23
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINETAmended
2026-08-31
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-08-13
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2025-09-30
Amended Annual Securities Report
Period: Apr 2024 – Mar 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
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-12-04
Amended Securities Registration Statement
EDINETAmended
2024-11-26
Amended Securities Registration Statement
EDINET
2024-11-12
Securities Registration Statement
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