Overview
Real Estate

LA Holdings Co.,Ltd.

LA Holdings operates as a holding company for a real estate group primarily active in the Tokyo metropolitan area, conducting three core business lines: new property development and sales (including condominium development under brands such as 'La Attrait Residence' and 'Rêve Grandi', income-generating property development under 'THE DOORS' and 'A*G' series, and land planning sales), renovated property sales (individual and whole-building renovation and resale of secondhand condominiums and commercial buildings), and real estate leasing (ownership and management of income-producing properties). The group differentiates itself through design-focused product development, proprietary renovation know-how, and a vertically integrated model covering land acquisition, development, and sales.

Market Cap
¥61.6B
US$393M
EV
¥115B
US$735M
Stock¥2,685▼-0.52%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
13.8
x
LTM EV/EBIT
14.3
x
LTM PER
13.5
x
LTM PBR
2.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-18.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
61.6BUS$393MMarket Cap74.0BUS$472M+ Debt19.6BUS$125M− Cash0.67BUS$4.25M− Inv. Sec.115BUS$735MEV
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Performance & Balance
Revenue 5Y (¥B)
14.7US$93.6M'21/1218.3US$116M'22/1231.5US$201M'23/1244.7US$285M'24/1246.5US$297M'25/12
EBITDA 5Y (¥B)
3.42US$21.8M'21/124.47US$28.5M'22/125.79US$36.9M'23/127.89US$50.3M'24/1210.2US$65.3M'25/12
Net Income 5Y (¥B)
1.96US$12.5M'21/123.40US$21.7M'22/123.29US$21.0M'23/124.71US$30.1M'24/126.14US$39.1M'25/12
Capital Structure
28%
72%
EquityD/E 2.52xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
6.97US$44.5M25.7US$164M'21/129.81US$62.6M35.4US$226M'22/1213.4US$85.6M42.0US$268M'23/1214.2US$90.6M47.8US$305M'24/1223.7US$151M65.6US$418M'25/12
Shareholders
Top 10 hold 36.2%
1
Summer Bank LLC
8.77%
2
Asia Pacific Maxland Japan Ltd.
5.06%
3
SBI SECURITIES Co., Ltd.
4.47%
4
Shiroyama 21st Century Investment LLC
4.41%
5
MURAKAMI TAKATERU (Standing Proxy: Mita Securities Co., Ltd.)
2.70%
6
Japan Securities Finance Co.,Ltd.
2.66%
7
Shoei Electric Tools Co., Ltd.
2.22%
8
Tsukiji Co., Ltd.
2.17%
9
Okasan Securities Co., Ltd.
1.96%
10
Shigeru TOMOHIRO
1.78%
Management
9 officers
Eiichi WAKITA
Representative Director, President
Feb 2012 Director, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) Jun 2012 Representative Director, Executive Vice President, La Atre Co., Ltd. Mar 2013 Representative Director, President, La Atre Co., Ltd. (current) Mar 2020 Representative Director, President, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) (current) Jul 2020 Representative Director, President, the Company (current) Mar 2024 Director, La Atre Residential Co., Ltd. (current)
1968-07-30
Shinya JIMI
Director
Apr 1985 Joined Sent Hills Sales Co., Ltd. Dec 1990 Established La Atre Nijuichi Co., Ltd. (current: La Atre Co., Ltd.), Managing Director Jun 1996 Senior Managing Director, La Atre Co., Ltd. Mar 2009 Representative Director, President, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) Jun 2009 Representative Director, Executive Vice President, La Atre Co., Ltd. Feb 2012 Director, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) Apr 2012 Representative Director, President, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) Jun 2012 Director, La Atre Co., Ltd. Aug 2016 Director, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) Mar 2020 Director, LA Solution Co., Ltd. (current: La Atre Residential Co., Ltd.) Jul 2020 Director, the Company (current) Mar 2022 Director, LA Asset Co., Ltd. (current) Jan 2023 Director, Fun Style Co., Ltd.; Director, Fun Style Resort Co., Ltd. Dec 2025 Representative Director, President, Fun Style Co., Ltd. (current); Representative Director, President, Fun Style Resort Co., Ltd. (current)
1961-09-29
Kazunari KURIHARA
Director
Apr 1996 Joined Mitsui & Co., Ltd. Jul 2000 Joined ING Bearings Securities Co., Ltd. Apr 2001 Joined Nikko Securities Co., Ltd. (current: SMBC Nikko Securities Co., Ltd.) Mar 2003 Chief Financial Officer, Director, Prive Zurich Corporate Restructuring Co., Ltd. Jan 2005 Joined Nikko Ant Factory Co., Ltd.; Director, Ant Corporate Advisory Co., Ltd. Mar 2011 Joined Credit Suisse Securities (Japan) Co., Ltd.; joined Credit Suisse Bank, Tokyo Branch May 2019 Executive Officer, La Atre Co., Ltd. Mar 2020 Director, General Manager of Administration Division, La Atre Co., Ltd. (current); Director, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) (current); Director, LA Solution Co., Ltd. (current: La Atre Residential Co., Ltd.) (current) Jul 2020 Director, the Company (current)
1971-07-23
Jiro AKIMOTO
Outside Director
Apr 1981 Joined Kogin Lease Co., Ltd. (current: Mizuho Leasing Co., Ltd.) Dec 1989 Joined Nomura Finance Co., Ltd. Jan 2000 Joined Nomura Securities Co., Ltd. Jun 2000 Director, Nomura Capital Investment Co., Ltd. Sep 2000 Representative Director, NCI Capital Co., Ltd. Oct 2003 Head of Real Estate Investment Team, Nomura Principal Finance Co., Ltd. Mar 2005 Established Liaison Partners Co., Ltd.; Representative Director (current) May 2013 Established Japan Senior Housing Lease Co., Ltd.; Representative Director (current) Mar 2021 Outside Director, the Company (current)
1956-07-05
Tsuyoshi JINBO
Full-time Corporate Auditor
Apr 1991 Joined Nissan Motor Co., Ltd. Feb 1996 General Manager of Administration Division, PALTEK Co., Ltd. Aug 2000 General Manager of Finance Department, Net Year Group Co., Ltd. Feb 2002 Director in charge of Finance, System K Co., Ltd. May 2018 General Manager of Internal Audit Office, La Atre Co., Ltd. Mar 2020 Corporate Auditor, La Atre Residential Co., Ltd. (current: LA Asset Co., Ltd.) (current); Corporate Auditor, LA Solution Co., Ltd. (current: La Atre Residential Co., Ltd.) (current) Jul 2020 Corporate Auditor, La Atre Co., Ltd. (current); Corporate Auditor, the Company (current) Jan 2023 Corporate Auditor, Fun Style Co., Ltd. (current); Corporate Auditor, Fun Style Resort Co., Ltd. (current)
1967-01-31
Hidetoshi KAWACHI
Director
Apr 1986 Joined Towa Real Estate Co., Ltd. (current: Mitsubishi Jisho Residence Co., Ltd.) Apr 1998 Joined Nihon Escon Co., Ltd. (current: Escon Co., Ltd.) Apr 1999 Senior Managing Director, Nihon Escon Co., Ltd. (current: Escon Co., Ltd.) Jun 2012 Advisor, La Atre Co., Ltd. Mar 2026 Director, La Atre Co., Ltd. (current) Mar 2026 Director, the Company (current)
1963-04-09
Daisuke FUKUDA
Director
Apr 1980 Joined Japan Air Lines Co., Ltd. Apr 1985 Seconded to Overseas Research Department, Nihon Kogyo Bank Ltd. Apr 1990 Registered as Attorney-at-Law Jun 1998 Outside Corporate Auditor, Tanaka Shoji Co., Ltd. Jun 2004 Outside Corporate Auditor, Japan Pile Corporation Sep 2011 Lecturer, Hosei University Graduate School of Business Administration Jun 2016 Outside Director (Audit and Supervisory Committee Member), Tanaka Shoji Co., Ltd. (current) Sep 2018 Partner Attorney-at-Law, Sanno City Law Office (current) Mar 2019 Outside Director, La Atre Co., Ltd. Jul 2020 Outside Director, the Company (current)
1955-10-27
Akimitsu SATO
Corporate Auditor
Oct 1992 Passed the second stage of the Certified Public Accountant Examination Apr 1993 Joined Tohmatsu & Co. (current: Deloitte Tohmatsu LLC) Apr 1997 Registered as Certified Public Accountant Sep 2000 Opened Sato Certified Public Accountant Office Feb 2001 Registered as Certified Tax Accountant Jan 2004 Representative Partner, Sato Tax Corporation (current) Jul 2004 Representative Partner, Tokko Audit Corporation (current: Tokko LLC) (current) Mar 2013 Outside Corporate Auditor, La Atre Co., Ltd. Jul 2020 Outside Corporate Auditor, the Company (current)
1970-08-11
Masao EGUCHI
Corporate Auditor
Oct 1979 Passed the National Bar Examination Apr 1982 Registered as Attorney-at-Law; joined Wagatsuma & Umiya Law Office (current: Eguchi, Umiya & Ikeda Law Office) Apr 1985 Assigned to Attorney Training Office, Legal Research and Training Institute of the Supreme Court Apr 1990 Delegate, Japan Federation of Bar Associations; Member of the Council, Tokyo Bar Association; Vice Chair, Special Committee on Revision of the Code of Civil Procedure Apr 1995 Member, Committee on Measures for Rationalizing Rental Housing Business Commissioned by the former Ministry of Construction Apr 1996 Member, Working Group on Promotion of Renovation of Commissioned Rental Housing, former Ministry of Construction Apr 2001 Director, Japan Rental Housing Management Association (foundation) Apr 2012 Director, Japan Rental Housing Management Association (public interest incorporated association) (current) Mar 2013 Member, Economic Law Committee, Tokyo Chamber of Commerce and Industry (current) Mar 2017 Outside Corporate Auditor, La Atre Co., Ltd. Jul 2020 Outside Corporate Auditor, the Company (current)
1952-10-20
Large Shareholding Reports
Summer Bank LLC
2026-10-15
8.77%→8.77%
Annual report (as of 2026-06-30): 8.77%
Summer Bank LLC
2026-08-05
5.13%→8.77%
Annual report (as of 2026-06-30): 8.77%
Summer Bank LLC
2026-08-04
5.13%
Annual report (as of 2026-06-30): 8.77%
Summer River LLC
2026-07-31
3.65%→3.65%
Asia Pacific Maxland Japan Y.K.
2026-04-22
4.19%→5.07%
Annual report (as of 2026-06-30): 5.06%
Summer River LLC
2025-11-06
5.28%→5.22%
Summer Bank LLC
2025-11-04
7.43%→7.34%
Annual report (as of 2026-06-30): 8.77%
Summer River LLC
2025-10-27
5.28%
Summer Bank LLC
2025-10-17
7.43%
Annual report (as of 2026-06-30): 8.77%
Shiroyama 21st Century Investment LLC
2025-07-30
5.90%→4.94%
Annual report (as of 2026-06-30): 4.41%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-15
Large Shareholding Report
EDINET
2026-08-10
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-10
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-08-05
Large Shareholding Report
EDINETAmended
2026-08-04
Change Report
EDINET
2026-07-31
Large Shareholding Report
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-04-22
Large Shareholding Report
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-13
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-11-06
Large Shareholding Report
EDINET
2025-11-04
Large Shareholding Report
EDINET
2025-10-27
Large Shareholding Report
EDINET
2025-10-17
Large Shareholding Report
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2025-07-30
Large Shareholding Report
EDINETAmended
2025-06-02
Amended Securities Registration Statement
EDINETAmended
2025-06-02
Amended Securities Registration Statement
TDnet
2025-05-23
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-05-23
Securities Registration Statement
EDINET
2025-05-23
Securities Registration Statement
TDnet
2025-05-15
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Securities Registration Statement
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Jun 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-28
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-09
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-11
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
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