Overview
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MIC Co.,Ltd.

MIC Co., Ltd. is a 'Business Improvement Company' that provides end-to-end retail promotional services ('360° Full Service') to companies in the retail, IT/services, and consumer goods sectors, addressing inefficiencies in promotional activities through a fully integrated, in-house delivery model. Its service offering spans consulting, system development, BPO, creative design, print manufacturing, fulfillment, and field support, enabling clients to outsource the entire promotional supply chain to a single vendor. A key growth driver is Co.HUB, a joint distribution service for drugstore promotional materials, which surpassed coverage of 50% of national drugstore locations (over 10,000 stores) as of October 2024.

Market Cap
¥18.7B
US$119M
EV
¥17.6B
US$112M
Stock¥2,636▼-1.61%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
8.9
x
LTM EV/EBIT
10.3
x
LTM PER
14.5
x
LTM PBR
2.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-21.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
18.7BUS$119MMarket Cap1.70BUS$10.8M+ Debt2.81BUS$17.9M− Cash0.00BUS$0.00M− Inv. Sec.17.6BUS$112MEV
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Performance & Balance
Revenue 5Y (¥B)
8.43US$53.7M'22/310.3US$65.9M'23/310.1US$64.5M'24/312.3US$78.3M'25/315.1US$96.3M'26/3
EBITDA 5Y (¥B)
1.23US$7.86M'25/31.95US$12.4M'26/3
Net Income 5Y (¥B)
0.67US$4.25M'22/30.41US$2.61M'23/30.37US$2.33M'24/30.65US$4.15M'25/31.23US$7.84M'26/3
Capital Structure
84%
EquityD/E 0.19xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'22/3'23/30.04US$0.22M'24/33.66US$23.3M0.30US$1.92M'25/33.11US$19.8M0.71US$4.53M'26/3
Shareholders
Top 10 hold 84.5%
1
M2 Co., Ltd.
46.44%
2
Mitsuhiro MIZUKAMI
16.98%
3
Custody Bank of Japan, Ltd.
5.58%
4
Katsuya KAWAI
5.09%
5
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.50%
6
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
2.97%
7
MSIP CLIENT SECURITIES
1.45%
8
Reiko TSUJI
0.84%
9
Yuko MANABE
0.84%
10
JP JPMSE LUX RE UBSAG LONDON BRANCH EQCO
0.80%
Management
10 officers
Mitsuhiro MIZUKAMI
Representative Director, Chairman
Oct 1975 Joined Mizukami Printing Co., Ltd. (now MIC Co., Ltd. (the Company)) Dec 1979 Director of the Company Sep 1988 Representative Director, President of the Company May 2008 Chairman, Japan Federation of Printing Industry Associations Nov 2014 Representative Director, Chairman of the Company (current)
1951-01-25
Katsuya KAWAI
Representative Director, President and Executive Officer
Apr 2002 Joined KEYENCE Corporation Jan 2007 Joined Mizukami Printing Co., Ltd. (now MIC Co., Ltd. (the Company)) May 2013 Director, General Manager of Administration Division of the Company Nov 2014 Representative Director, President of the Company Apr 2023 Representative Director, President and Executive Officer of the Company (current)
1979-04-03
Daisuke TANIGUCHI
Director, Managing Executive Officer, General Manager of Business Division
Apr 2001 Joined Mizukami Printing Co., Ltd. (now MIC Co., Ltd. (the Company)) Apr 2018 General Manager, No. 4 Business Department of the Company May 2021 Director, General Manager of Business Division of the Company Apr 2023 Director, Managing Executive Officer, General Manager of Business Division of the Company (current)
1978-09-16
Eiji KAKIUCHI
Outside Director
Apr 1981 Joined Dainippon Screen Mfg. Co., Ltd. (now SCREEN Holdings Co., Ltd.) Apr 2005 Executive Officer of the same company Apr 2006 Senior Executive Officer of the same company Apr 2007 Managing Executive Officer of the same company Jun 2011 Director of the same company Apr 2014 Representative Director, President of the same company Jun 2019 Representative Director, Chairman of the same company Jun 2021 Outside Director, Kyocera Corporation (current) Jun 2023 Chairman of the Board, SCREEN Holdings Co., Ltd. Jun 2025 Special Advisor of the same company (current) Jun 2026 Outside Director of the Company (current)
1954-04-03
Kunihiro KOSHIZUKA
Outside Director
Apr 1981 Joined Konica Photo Industry Co., Ltd. (now Konica Minolta, Inc.) Jun 2008 Director and Head of Development Center of the same company Apr 2012 Executive Officer, General Manager of Technology Strategy Division, Konica Minolta Holdings, Inc. (now Konica Minolta, Inc.) Apr 2013 Executive Officer, General Manager of Technology Strategy Division and Head of Development Division, Konica Minolta, Inc. Apr 2014 Managing Executive Officer, Head of Development Division and General Manager of Technology Strategy Division of the same company Jun 2015 Director, Managing Executive Officer, Head of Business Development Division and Head of Development Division of the same company Apr 2016 Director, Managing Executive Officer, Head of Business Development Division and in charge of Technology (CTO) of the same company Nov 2019 Outside Director, HOUSEI Co., Ltd. May 2020 Outside Director, AEON MALL Co., Ltd. (current) Jun 2021 Outside Director, Tokyu Construction Co., Ltd. Jun 2022 Outside Director, F.C.C. Co., Ltd. (current) Jun 2022 Outside Director, Will Group, Inc. (current) Apr 2023 Outside Director of the Company (current)
1955-09-30
Michihisa NAKAZAWA
Outside Director
Jan 2005 Joined Yamada Business Consulting Co., Ltd. (now Yamada Consulting Group Co., Ltd.) Apr 2012 General Manager, Business Succession Department of the same company Apr 2020 Deputy General Manager, Capital Strategy Business Division of the same company Apr 2023 Outside Director of the Company (current) Apr 2025 Executive Officer, Deputy General Manager, Capital Strategy Business Division, and General Manager, Structure Advisory Business Department, Yamada Consulting Group Co., Ltd. (current)
1977-02-11
Junko KAWAI
Outside Director
Oct 2004 Joined Umegae Chuo Law Office (attorney registration) Mar 2008 Partner of the same law office (current) Jan 2015 Outside Audit and Supervisory Board Member, Kamakura Shinsho, Ltd. Apr 2016 Director, Audit and Supervisory Committee Member of the same company (current) Jun 2019 Outside Director, Cocokara fine Inc. (now Matsukiyo Cocokara & Co.) (current) Apr 2023 Outside Audit and Supervisory Board Member of the Company Jun 2025 Outside Director, Takashimaya Company, Limited (current) Jun 2026 Outside Director of the Company (current)
1974-12-10
Shinya YAMAMOTO
Full-time Audit and Supervisory Board Member
Oct 1990 Joined Mizukami Printing Co., Ltd. (now MIC Co., Ltd. (the Company)) Apr 2008 Manager, Printing Section, Production Division of the Company Apr 2017 Manager, Rino Pallet of the Company Jul 2022 Manager, Hachi Fill Center of the Company Jun 2023 Deputy General Manager, Production Division of the Company Jul 2024 Full-time Audit and Supervisory Board Member of the Company (current)
1971-07-19
Satoshi KOBAYASHI
Outside Audit and Supervisory Board Member
Apr 1984 Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Feb 2004 Manager, Shin-Yokohama Branch, Tokyo Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Jul 2005 Deputy General Manager, Corporate Banking Division, the same bank Oct 2008 Manager, Nakano-Ekimae Branch, the same bank Oct 2010 Manager, Sapporo Branch, the same bank May 2013 Joined Kyudenko Corporation, General Manager, Sales Division, Tokyo Head Office Apr 2019 Executive Officer, Tokyo Head Office (General Affairs and Sales), Kyudenko Corporation Apr 2020 Executive Officer, General Manager, General Affairs Department, Tokyo Head Office, Kyudenko Corporation Apr 2021 Executive Officer, Tokyo Head Office (General Affairs and Sales), Kyudenko Corporation Apr 2022 Seconded to Chuo Rika Kogyo Co., Ltd. as Senior Managing Director Apr 2023 Outside Audit and Supervisory Board Member of the Company (current) Apr 2026 Audit and Supervisory Board Member, Daiichi Central Setsubi Co., Ltd. (current)
1960-04-13
Kentaro TAGAMI
Outside Audit and Supervisory Board Member
Apr 1997 Joined Sumitomo Corporation Apr 2000 Joined Deloitte Touche Tohmatsu (Tomatsu Audit Corporation) Aug 2006 Joined Bain & Company Jun 2013 Joined Fast Retailing Co., Ltd. Aug 2024 Specialist Staff, Kenji Tanaka Laboratory, Faculty of Engineering, The University of Tokyo (current) Jan 2025 Representative Director, FUKUMI Co., Ltd. (current) Jun 2026 Outside Audit and Supervisory Board Member of the Company (current)
1974-10-26
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
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
TDnet
2025-08-07
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
2024-12-16
Amended Securities Registration Statement
EDINETAmended
2024-12-06
Amended Securities Registration Statement
EDINET
2024-11-21
Securities Registration Statement
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