Overview
Retail Trade

Hamee Corp.

Hamee Corp. operates two core businesses: a Commerce segment centered on the iFace-branded smartphone accessories (cases, chargers, earphones) sold via multi-channel EC and wholesale to major retailers in Japan, Korea, the US, and China, alongside expanding categories including gaming monitors (Pixio) and cosmetics (ByUR); and a Platform segment offering 'Next Engine,' a cloud-based (SaaS) EC management system that automates order processing, inventory synchronization, and multi-store operations for over 6,500 EC operators in Japan. The company designs, manufactures, and sells proprietary products through a vertically integrated supply chain, with its Korean subsidiary providing manufacturing capabilities, and holds character licensing agreements with brands such as Disney and Moomin.

Market Cap
¥4.56B
US$29.1M
EV
¥7.98B
US$50.9M
Stock¥285▼-1.72%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.4
x
LTM EV/EBIT
10.0
x
LTM PER
7.9
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-100.4%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Dec 16, 25Decline on earnings concerns
2Feb 24, 26Buying after earnings review
3Jun 16, 26Full-year FY2026/04 earnings announced
MC → EV Bridge
4.56BUS$29.1MMarket Cap5.40BUS$34.4M+ Debt1.97BUS$12.5M− Cash0.01BUS$0.07M− Inv. Sec.7.98BUS$50.9MEV
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Performance & Balance
Revenue 5Y (¥B)
13.4US$85.5M'22/414.0US$89.5M'23/417.6US$112M'24/422.9US$146M'25/422.1US$141M'26/4
EBITDA 5Y (¥B)
2.63US$16.8M'22/41.90US$12.1M'23/42.59US$16.5M'24/43.06US$19.5M'25/41.68US$10.7M'26/4
Net Income 5Y (¥B)
1.74US$11.1M'22/40.95US$6.03M'23/41.12US$7.15M'24/41.28US$8.15M'25/40.54US$3.45M'26/4
Capital Structure
56%
44%
EquityD/E 0.78xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
4.06US$25.9M0.54US$3.47M'22/44.09US$26.1M1.30US$8.29M'23/44.67US$29.8M2.18US$13.9M'24/45.00US$31.9M3.85US$24.6M'25/41.82US$11.6M4.86US$31.0M'26/4
Shareholders
Top 10 hold 59.4%
1
AOI Co., Ltd.
33.49%
2
Atsushi HIGUCHI
15.09%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.50%
4
Kazunobu KITAMURA
2.96%
5
Junya SUZUKI
0.88%
6
Custody Bank of Japan, Ltd. (Trust Account)
0.80%
7
Ikuhiro MIZUSHIMA
0.76%
8
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
0.70%
9
Takayuki WADA
0.65%
10
Boom Securities (H.K.) Limited - Clients' Account (Standing Proxy: Monex Securities Co., Ltd.)
0.57%
Management
5 officers
Atsushi HIGUCHI
Representative Director, Chairman and Executive Officer
May 1998 Macrowill Ltd. (now Hamee Corp.) established; Representative Director, President Oct 2011 Strapya Korea Co., Ltd. (now Hamee Global Inc.) established; Director May 2013 Hamee US, Corp. established; Representative Director Jul 2015 Hamee US, Corp.; Director Jul 2015 Hamee Taiwan, Corp. established; Director May 2016 Representative Director, President, CEO and COO May 2018 Representative Director, President Jul 2021 Representative Director, Chairman Feb 2023 Representative Director, Chairman and Executive Officer (current)
1977-03-24
Ikuhiro MIZUSHIMA
Representative Director, President and Executive Officer
Apr 2005 Joined The Bank of Yokohama, Ltd. Apr 2008 Joined Hamee Corp. May 2009 Manager, Business Administration Department May 2011 Executive Officer; Manager, Business Administration Department May 2013 Director; Manager, Business Administration Department Dec 2014 Director; General Manager, Corporate Division; Manager, Business Administration Department May 2015 Director; General Manager, Corporate Division; Manager, General Affairs, Human Resources and Public Relations Department Jul 2015 Hamee Taiwan, Corp. established; Director May 2016 Director, CFO and CAO; General Manager, Corporate Division; Manager, General Affairs, Human Resources and Public Relations Department Nov 2016 Director, CFO and CAO; Manager, Future Creation Department May 2017 Director, CFO and CAO; Manager, Legal Department May 2018 Director; Manager, Business Planning Department May 2019 Director and Executive Officer; General Manager, Commerce Business Division; Manager, Commerce Business Promotion Department Apr 2020 Director and Executive Officer; Director, Hamee Global Inc. Jul 2021 Representative Director, President; Director, Hamee Global Inc. Feb 2023 Representative Director, President and Executive Officer; Director, Hamee Global Inc. Jul 2026 Representative Director, President and Executive Officer (current)
1982-11-30
Toru NISHIWAKI
Director, Audit and Supervisory Committee Member
Oct 2000 Joined Chuo Aoyama Audit Corporation Jul 2004 Joined Ministry of Finance Aug 2007 Joined Nomura Securities Co., Ltd. Oct 2012 Joined Innovation Network Corporation of Japan Nov 2016 Joined Matsuoka Corporation Jun 2017 Managing Director; Head of IPO Promotion Office, Matsuoka Corporation Jun 2019 Representative Director, Executive Vice President and CSO, Matsuoka Corporation Dec 2021 Joined Transaction Media Networks, Inc. Feb 2022 Managing Director; Head of Administration Division, Transaction Media Networks, Inc. Jun 2023 Senior Managing Director; Head of Administration Division, Transaction Media Networks, Inc. Jun 2024 Outside Director (full-time Audit and Supervisory Committee Member), United Arrows Ltd. (current) Apr 2025 Outside Director (Audit and Supervisory Committee Member), Hamee Corp. (current)
1975-07-27
Naoko KUMAO
Director, Audit and Supervisory Committee Member
Dec 2017 Registered as attorney-at-law; joined Legal Plus Law Corporation Jun 2018 Joined Shimamura Law & Accounting Office (current) Mar 2020 Outside Director (Audit and Supervisory Committee Member), Sailor Pen Co., Ltd. (current) Jun 2021 Outside Director (Audit and Supervisory Committee Member), Colowide Co., Ltd. Jul 2022 Outside Director (Audit and Supervisory Committee Member), Hamee Corp. (current) Nov 2022 Outside Director (Audit and Supervisory Committee Member), Meikou Network Japan Co., Ltd. (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Atom Corp.
1970-02-27
Jiro YOSHINO
Director, Audit and Supervisory Committee Member
Apr 1997 Joined Dentsu Soken Inc. (now Dentsu Inc.) May 2013 Moonshot Project Inc. established; Representative Director (current) Apr 2014 Country Director for Japan, Center for Asia Leadership (current) Mar 2016 Director, Rekiopawa Technology Co., Ltd. (current) Nov 2018 Representative Director, Drone Pilot Association (General Incorporated Association) (current) Jul 2020 Director, Hamee Corp. Jul 2022 Director, BORDER Inc. (current) Outer Director (Audit and Supervisory Committee Member), Hamee Corp. (current)
1971-06-11
Large Shareholding Reports
Fidelity Management & Research Company LLC
2026-10-22
3.72%→2.70%
Fidelity Management & Research Company LLC
2026-06-24
4.27%→4.26%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Fidelity Management & Research Company LLC
2026-06-05
4.30%→4.70%
Fidelity Management & Research Company LLC
2026-06-05
4.69%→4.68%
Fidelity Management & Research Company LLC
2026-06-05
4.25%
Fidelity Management & Research Company LLC
2026-06-05
4.70%→4.69%
Fidelity Management & Research Company LLC
2026-06-05
4.69%→4.69%
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
Fidelity Management & Research Company LLC
2026-06-05
4.26%→4.30%
Fidelity Management & Research Company LLC
2026-06-05
4.70%→4.70%
Fidelity Management & Research Company LLC
2026-06-05
4.68%→4.66%
Fidelity Management & Research Company LLC
2026-06-05
4.27%→4.26%
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
Fidelity Management & Research Company LLC
2026-06-05
4.25%→4.27%
FMR LLC
2026-04-22
6.39%→6.39%
FMR LLC
2025-11-21
6.39%→6.39%
FMR LLC
2025-11-10
6.42%→6.39%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-22
Large Shareholding Report
TDnet
2026-09-14
Q1 Earnings Flash
FY ending Apr 2027
EDINET
2026-07-24
Annual Securities Report
Period: May 2025 – Apr 2026
EDINETAmended
2026-06-24
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-04-22
Large Shareholding Report
TDnet
2026-03-13
Q3 Earnings Flash
FY ending Apr 2026
EDINET
2025-12-15
Semi-Annual Securities Report
Period: May 2025 – Apr 2026
EDINET
2025-11-21
Large Shareholding Report
EDINET
2025-11-10
Large Shareholding Report
TDnet
2025-09-12
Q1 Earnings Flash
FY ending Apr 2026
EDINET
2025-07-24
Annual Securities Report
Period: May 2024 – Apr 2025
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