Overview
Chemicals

Kitanotatsujin Corporation

Kita no Tatsujin Corporation develops, manufactures, and sells original-brand health and beauty products primarily through its own e-commerce platform 'Kita no Kaitekikobo,' targeting health-conscious consumers in Japan. The company also offers beauty appliances and devices through its consolidated subsidiary SALONMOON. Its competitive strengths lie in its direct-to-consumer online model, proprietary product development, and recurring customer base built through subscription-based sales.

Market Cap
¥20.5B
US$131M
EV
¥16.1B
US$103M
Stock¥147▼-2.65%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
18.0
x
LTM EV/EBIT
19.0
x
LTM PER
36.0
x
LTM PBR
2.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-15.5%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 16, 26Q2 FY2027/02 earnings announced
MC → EV Bridge
20.5BUS$131MMarket Cap0.00BUS$0.00M+ Debt4.45BUS$28.4M− Cash0.00BUS$0.00M− Inv. Sec.16.1BUS$103MEV
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Performance & Balance
Revenue 5Y (¥B)
9.51US$60.7M'22/29.83US$62.7M'23/214.7US$93.5M'24/211.8US$75.4M'25/211.2US$71.5M'26/2
EBITDA 5Y (¥B)
2.12US$13.5M'22/20.57US$3.65M'23/21.52US$9.71M'24/21.78US$11.3M'25/21.05US$6.71M'26/2
Net Income 5Y (¥B)
1.34US$8.56M'22/20.34US$2.19M'23/20.99US$6.34M'24/21.21US$7.68M'25/20.70US$4.43M'26/2
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5.21US$33.2M0.05US$0.34M'22/24.83US$30.8M0.04US$0.24M'23/24.78US$30.5M0.02US$0.14M'24/25.70US$36.3M'25/25.70US$36.4M'26/2
Shareholders
Top 10 hold 60.2%
1
Katsutoshi KINOSHITA
51.59%
2
The Master Trust Bank of Japan, Ltd.
4.05%
3
Hiroko KINOSHITA
1.26%
4
Custody Bank of Japan, Ltd.
0.85%
5
Asako HORIKAWA
0.53%
6
Rakuten Securities, Inc. (Joint Account)
0.52%
7
SMBC Nikko Securities Inc.
0.38%
8
Daiwa Securities Co. Ltd.
0.37%
9
Yoshiteru SERA
0.33%
10
SBI SECURITIES Co., Ltd.
0.27%
Management
10 officers
Katsutoshi KINOSHITA
Representative Director, President
Apr 1992 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Dec 1999 Established Cymart, a limited partnership; Unlimited Liability Partner May 2002 Established the Company; assumed office as Representative Director, President Nov 2020 Assumed office as Representative Director, President and General Manager, Web Marketing Department Mar 2021 Assumed office as Chairman of the Board, FM North Wave Inc. (now FM NORTH WAVE Inc.) May 2021 Assumed office as Director, ASHIGARU Inc. (now SALONMOON Inc.) (current) Apr 2025 Assumed office as Representative Director, President and General Manager, Web Marketing Division Oct 2025 Assumed office as Representative Director, President (current) Dec 2025 Assumed office as Director, Karacon Direct Inc. (current)
1968-10-12
Asako HORIKAWA
Director, Vice President; General Manager, Product Department and General Manager, Customer Service Department
Mar 2005 Joined Geos Corporation Jul 2006 Joined the Company Jan 2009 Assumed office as Executive Officer and General Manager, Sales Department May 2009 Assumed office as Director and General Manager, Sales Department Apr 2019 Assumed office as Senior Managing Director and General Manager, Sales Department May 2020 Assumed office as Director, Vice President and General Manager, Sales Department and Head of Tokyo Branch Dec 2025 Assumed office as Director, Vice President and General Manager, Product Department and General Manager, Customer Service Department and Head of Tokyo Branch Mar 2021 Assumed office as Director, FM North Wave Inc. (now FM NORTH WAVE Inc.) Jul 2022 Assumed office as Representative Director, President, ASHIGARU Inc. (now SALONMOON Inc.) (current) Dec 2025 Assumed office as Director, Vice President and General Manager, Product Department and General Manager, Customer Service Department (current) Dec 2025 Assumed office as Director, Karacon Direct Inc. (current)
1981-05-17
Maki IIMORI
Managing Director; General Manager, Human Resources and General Affairs Department
Apr 2002 Joined Jiji Japanese Language Institute Dec 2007 Joined H.L.C. Co., Ltd. Oct 2014 Joined the Company Apr 2018 Assumed office as Executive Officer May 2020 Assumed office as Director and General Manager, Human Resources and General Affairs Department Mar 2021 Assumed office as Audit & Supervisory Board Member, FM North Wave Inc. (now FM NORTH WAVE Inc.) May 2021 Assumed office as Director, ASHIGARU Inc. (now SALONMOON Inc.) Nov 2022 Assumed office as Audit & Supervisory Board Member, SALONMOON Inc. (current) May 2023 Assumed office as Managing Director and General Manager, Human Resources and General Affairs Department Mar 2024 Assumed office as Managing Director, in charge of Administration Division and General Manager, Human Resources and General Affairs Department Sep 2024 Assumed office as Representative Director, President, FM NORTH WAVE Inc. May 2025 Assumed office as Managing Director and General Manager, Administration Department and General Manager, Human Resources and General Affairs Department Dec 2025 Assumed office as Managing Director and General Manager, Human Resources and General Affairs Department (current) Dec 2025 Assumed office as Audit & Supervisory Board Member, Karacon Direct Inc. (current)
1977-05-29
Junichi MIURA
Director; General Manager, Administration Department
Apr 1997 Joined Ikewaki Accounting Office Oct 2000 Joined Prime Farm Co., Ltd. (Itagaki Yoko CPA Office) Jun 2002 Joined Hokkaido Venture Capital Co., Ltd.; assumed office as Head of Planning Office Mar 2006 Assumed office as Director, Hokkaido Venture Capital Co., Ltd. May 2011 Assumed office as Representative Director, Hokkaido Venture Capital Co., Ltd. Mar 2012 Assumed office as Director, Gorin Pharmaceutical Co., Ltd. May 2016 Assumed office as Outside Director of the Company Oct 2017 Assumed office as Director and CFO, Gorin Pharmaceutical Co., Ltd. Apr 2022 Joined JUNTEN BIO Inc.; assumed office as Assistant Manager, Development Department Jun 2022 Assumed office as Director, JUNTEN BIO Inc. May 2025 Assumed office as Director and General Manager, Administration Department (current) Dec 2025 Assumed office as Representative Director, President, Karacon Direct Inc. (current)
1974-06-29
Kazuo TAKAHASHI
Director; General Manager, Web Marketing Department
Apr 2020 Joined the Company Oct 2023 Assumed office as Section Manager, Direct Sales Section (now Sales Promotion Section), Web Marketing Department Oct 2024 Assumed office as Acting General Manager, Web Marketing Department Apr 2025 Assumed office as General Manager, Web Marketing Department Oct 2025 Assumed office as Executive Officer and General Manager, Web Marketing Department May 2026 Assumed office as Director and General Manager, Web Marketing Department (current)
1997-12-23
Koichi SHIMA
Non-Executive Director
May 1983 Joined Nihon Recruit Center Co., Ltd. (now Recruit Holdings Co., Ltd.) Jun 1997 Assumed office as Director, Recruit FromA Co., Ltd. (now Indeed Recruit Partners Co., Ltd.); in charge of administration Apr 2001 Assumed office as General Manager, Finance Department, Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Apr 2003 Assumed office as Executive Officer, in charge of finance, general affairs and legal, Recruit Co., Ltd. Jan 2006 Executive Officer and General Manager, Marketing Division, Recruit Co., Ltd. Apr 2008 Assumed office as Representative Director, President, Recruit Media Communications Co., Ltd. Jun 2010 Assumed office as Full-time Audit & Supervisory Board Member, Recruit Co., Ltd. Sep 2016 Assumed office as Outside Audit & Supervisory Board Member, GREE, Inc. (now GREE Holdings, Inc.); Assumed office as Outside Director, Liguar Inc. Oct 2019 Assumed office as Outside Director (Audit and Supervisory Committee Member), Nihon Denkai Co., Ltd. May 2020 Assumed office as Outside Director of the Company (current) Jun 2020 Assumed office as Outside Director, Cosmos Initia Co., Ltd. (current) Sep 2020 Assumed office as Outside Director, Audit and Supervisory Committee Member, GREE Holdings, Inc. (current) Jun 2022 Assumed office as Outside Director, Audit and Supervisory Committee Member, UT Group Co., Ltd. (current)
1957-12-05
Takashi TAOKA
Non-Executive Director
Apr 1992 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Mar 2002 Assumed office as Senior Vice President, Pokemon USA, Inc. (now The Pokemon Company International) Sep 2004 Associate Consultant, McKinsey & Company, Japan Office Apr 2005 Assumed office as Executive Officer, Natural Lawson Inc. Apr 2007 Assumed office as Managing Executive Officer, I.M.J. Co., Ltd. Jul 2010 Assumed office as Representative Director, President, JIMOS Co., Ltd. May 2018 Assumed office as Senior Executive Officer, Nitori Holdings Co., Ltd. Jan 2019 Assumed office as COO, Etvos Co., Ltd. Apr 2020 Assumed office as Representative Director, President, Tomo Co., Ltd. (now office K Co., Ltd.) (current) Oct 2020 Assumed office as Executive Officer, Hitachi Global Life Solutions, Inc. Apr 2021 Assumed office as Managing Director, Hitachi Global Life Solutions, Inc. May 2021 Assumed office as Outside Director of the Company (current)
1968-08-24
Katsuhiro TORII
Director, Audit and Supervisory Committee Member (Full-time)
Feb 2010 Assumed office as Head of Personnel Section, General Affairs Department, Hokkaido Finance Bureau Jul 2013 Assumed office as Head of Obihiro Finance Office Jul 2015 Assumed office as Deputy Director, Property Management Department Oct 2016 Assumed office as Managing Director, Sapporo Stock Exchange Oct 2023 Assumed office as Adviser, Sapporo Stock Exchange (May 2024) Assumed office as Outside Director, Audit and Supervisory Committee Member of the Company (current)
1957-06-27
Ryuichi KOBAYASHI
Director, Audit and Supervisory Committee Member (Non-Executive)
Mar 1999 Assumed office as Counselor and Section Chief, General Affairs Division, Hokkaido Prefectural Police Headquarters Mar 2001 Assumed office as Counselor and Section Chief, Police Affairs Section, Kushiro Regional Headquarters, Hokkaido Prefectural Police Mar 2002 Assumed office as Chief, Kita Police Station, Sapporo Regional Headquarters, Hokkaido Prefectural Police Mar 2004 Assumed office as Principal, Hokkaido Police Academy Mar 2005 Assumed office as Director, Community Affairs Division, Hokkaido Prefectural Police Headquarters Mar 2006 Assumed office as Director, Kushiro Regional Headquarters, Hokkaido Prefectural Police Apr 2007 Joined Ito-gumi Doken Co., Ltd. and assumed office as Director Jun 2014 Assumed office as Managing Director, Hokkaido Keiyukai (General Incorporated Association) May 2015 Assumed office as Outside Audit & Supervisory Board Member of the Company Jun 2018 Assumed office as Vice President, Hokkaido Keiyukai (General Incorporated Association) Jan 2020 Assumed office as Outside Director, Lebnes Co., Ltd. (current) May 2021 Assumed office as Outside Director, Audit and Supervisory Committee Member of the Company (current) Jun 2021 Assumed office as President, Hokkaido Keiyukai (General Incorporated Association) (current)
1947-05-07
Shogo JINNO
Director, Audit and Supervisory Committee Member (Non-Executive)
Oct 1994 Joined Asahi Audit Corporation (now Azsa LLC), Sapporo Office Jan 2005 Opened Jinno CPA Office; Office Head (current); Representative Partner, Hokuto Tax Accountant Corporation (current) Jun 2008 Assumed office as Representative Partner, Sapporo Audit Corporation (current) Apr 2010 Assumed office as Representative Director, Hokuto Consulting Co., Ltd. (current) May 2010 Assumed office as Outside Audit & Supervisory Board Member of the Company May 2018 Assumed office as Outside Audit & Supervisory Board Member, Graphic Holdings Co., Ltd. (current) May 2021 Assumed office as Outside Director of the Company Aug 2022 Assumed office as Outside Director, Audit and Supervisory Committee Member of the Company (current) Assumed office as Outside Director, Logos Holdings Co., Ltd. (current) Dec 2025 Assumed office as Representative Director, Hokuto Accounting Co., Ltd. (current)
1968-07-19
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-15
Semi-Annual Securities Report
Period: Mar 2026 – Feb 2027
TDnet
2026-10-15
Q2 Earnings Flash
FY ending Feb 2027
TDnet
2026-07-15
Q1 Earnings Flash
FY ending Feb 2027
EDINET
2026-05-25
Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2026-01-14
Q3 Earnings Flash
FY ending Feb 2026
EDINET
2025-10-15
Semi-Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2025-07-15
Q1 Earnings Flash
FY ending Feb 2026
EDINET
2025-05-26
Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2025-01-14
Q3 Earnings Flash
FY ending Feb 2025
EDINET
2024-10-15
Semi-Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2024-07-12
Q1 Earnings Flash
FY ending Feb 2025
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-05-29
Annual Securities Report
Period: Mar 2023 – Feb 2024
EDINET
2024-01-12
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-13
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-05-31
Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINET
2023-01-13
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-14
Quarterly Securities Report
EDINET
2022-07-15
Quarterly Securities Report
EDINET
2022-05-30
Annual Securities Report
EDINET
2022-01-14
Quarterly Securities Report
EDINET
2021-10-15
Quarterly Securities Report
EDINET
2021-07-15
Quarterly Securities Report
EDINET
2021-05-28
Annual Securities Report
EDINET
2021-01-14
Quarterly Securities Report
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