Overview
Retail Trade

International Conglomerate of Distribution for Automobile Holdings Co.,Ltd.

ICDA Holdings is a pure holding company operating an integrated automotive value chain in Mie Prefecture, Japan, through three consolidated subsidiaries. Its core businesses encompass new car sales as an authorized Honda dealer (12 stores) and imported car dealer for Volkswagen and Audi (4 stores), multi-format used car retail and purchasing (15 stores across 3 brand formats), vehicle inspection and after-service, and automobile recycling. The group's competitive strength lies in its 'Value Chain Cross-Mix Business' model, which integrates new car sales, used car sales and purchasing, after-service, and recycling operations to maximize added value for end customers across Mie Prefecture.

Market Cap
¥8.63B
US$55.0M
EV
¥10.3B
US$65.4M
Stock¥4,110▲+0.86%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.4
x
LTM EV/EBIT
4.9
x
LTM PER
6.7
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-28.2%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
8.63BUS$55.0MMarket Cap2.71BUS$17.3M+ Debt0.73BUS$4.68M− Cash0.72BUS$4.58M− Inv. Sec.0.37BUS$2.38M+ NCI10.3BUS$65.4MEV
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Performance & Balance
Revenue 5Y (¥B)
28.5US$181M'22/330.5US$194M'23/333.1US$211M'24/338.2US$244M'25/338.9US$248M'26/3
EBITDA 5Y (¥B)
2.29US$14.6M'22/32.18US$13.9M'23/32.63US$16.7M'24/32.81US$18.0M'25/32.93US$18.7M'26/3
Net Income 5Y (¥B)
0.98US$6.22M'22/30.88US$5.63M'23/30.93US$5.93M'24/31.27US$8.13M'25/31.27US$8.08M'26/3
Capital Structure
82%
18%
EquityD/E 0.23xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.04US$6.63M2.30US$14.7M'22/31.06US$6.74M1.50US$9.54M'23/31.31US$8.36M3.31US$21.1M'24/31.62US$10.3M1.43US$9.14M'25/31.45US$9.23M2.48US$15.8M'26/3
Shareholders
Top 10 hold 74.4%
1
M.F. Co., Ltd.
25.20%
2
Toshiki MUKAI
13.40%
3
Hiromitsu MUKAI
12.97%
4
Employee Stock Ownership Association
6.80%
5
Nayoko MUKAI
3.99%
6
Mitsubishi UFJ eSmart Securities Co., Ltd.
3.41%
7
The Hyakugo Bank,Ltd.
3.00%
8
San ju San Bank, Ltd.
2.00%
9
Takashi MUKAI
1.91%
10
Manabu OKUMURA
1.67%
Management
6 officers
Hiromitsu MUKAI
Representative Director, President
Apr 1967 Founded Mukai Jidosha Shokai (currently Automall Co., Ltd.), as proprietor Sep 1972 Established Mukai Jidosha Hanbai Ltd. (currently Automall Co., Ltd.), Representative Director Dec 1977 Established Mukai Jidosha Hanbai Co., Ltd. (currently Honda Cars Mie-Kita Co., Ltd.), Representative Director Sep 1978 Honda Verno Mie-Kita Co., Ltd. (currently Honda Cars Mie-Kita Co., Ltd.), Representative Director Oct 2001 Automall Co., Ltd., Representative Director, Chairman and President Jun 2007 Honda Cars Mie-Kita Co., Ltd., Representative Director, Chairman (current) Apr 2009 Mark Corporation, Representative Director, President (current) Oct 2009 Suzuka Media Park Co., Ltd., Representative Director, President Oct 2009 Established the Company; Representative Director, President (current) Jul 2010 Suzuka Media Park Co., Ltd., Director Jun 2026 Automall Co., Ltd., Representative Director, Chairman (current)
1943-03-23
Toshiki MUKAI
Representative Director, Vice President
Apr 1997 Joined Honda Clio Mie-Kita Co., Ltd. (currently Honda Cars Mie-Kita Co., Ltd.) Jun 2007 Director, New Vehicle Division Manager, Honda Cars Mie-Kita Co., Ltd. Jun 2009 Managing Director, Honda Cars Mie-Kita Co., Ltd. Oct 2009 Director, the Company Jan 2012 Representative Director, Vice President, Honda Cars Mie-Kita Co., Ltd. Apr 2014 Director, Vice President, the Company Jun 2014 Representative Director, Automall Co., Ltd. Jun 2014 Representative Director, Vice President, the Company (current) Jan 2016 Representative Director, Vice President, Automall Co., Ltd. Apr 2019 Representative Director, President, Honda Cars Mie-Kita Co., Ltd. (current) Jun 2026 Representative Director, President, Automall Co., Ltd. (current)
1973-06-02
Takahito ETO
Director (Full-time Audit and Supervisory Committee Member)
Apr 1975 Joined Nisso Yuka Kogyo Co., Ltd. (currently Maruzen Petrochemical Co., Ltd.) Oct 1978 Joined Nagoya Konpo Unpansha Co., Ltd. (currently Meikon Co., Ltd.) Mar 1979 Joined Mukai Jidosha Hanbai Co., Ltd. (currently Honda Cars Mie-Kita Co., Ltd.) Jan 2005 Executive Officer, Sales Division Manager, Honda Cars Mie-Kita Co., Ltd. May 2005 Director, Honda Cars Mie-Kita Co., Ltd. Jun 2006 Managing Director, Honda Cars Mie-Kita Co., Ltd. Jun 2007 Representative Director, President, Honda Cars Mie-Kita Co., Ltd. Oct 2009 Director, the Company Jun 2017 Director, Mark Corporation Apr 2019 Representative Director, Honda Cars Mie-Kita Co., Ltd. Jun 2019 Representative Director, Vice Chairman, Honda Cars Mie-Kita Co., Ltd. Jun 2020 Audit & Supervisory Board Member, Honda Cars Mie-Kita Co., Ltd. (current) Jun 2020 Audit & Supervisory Board Member, Automall Co., Ltd. (current) Jun 2020 Audit & Supervisory Board Member, Mark Corporation (current) Jun 2020 Director (Full-time Audit and Supervisory Committee Member), the Company (current)
1956-05-02
Junichi TAKAGI
Director
Apr 1973 Joined Takagi Kogyo Co., Ltd. Dec 1977 Managing Director, Takagi Kogyo Co., Ltd. May 1993 Councilor, Suzuka University of Medical Science (current) Apr 1999 Director, Administrative Office, Suzuka University of Medical Science Apr 2001 Board Member, Suzuka University of Medical Science Mar 2007 President, Suzuka University of Medical Science (current) Jun 2016 Director, the Company (current)
1949-09-26
Sadanori NAKANISHI
Director (Audit and Supervisory Committee Member)
Apr 1977 Joined Suzuka City Fire Department Apr 2010 General Affairs Section Chief, Fire Department, Suzuka City Apr 2012 Chief, Central Fire Station, Suzuka City Fire Department Apr 2014 Director in charge of Disaster Prevention and Crisis Management, Suzuka City Apr 2016 Fire Chief, Suzuka City Jun 2019 Director (Audit and Supervisory Committee Member), the Company (current)
1959-01-14
Yoshihiko WATANABE
Director (Audit and Supervisory Committee Member)
Apr 1976 Joined The Hyakugo Bank, Ltd. Jun 2005 Director, The Hyakugo Bank, Ltd. Jan 2009 Managing Director, The Hyakugo Bank, Ltd. Aug 2011 Senior Managing Director, The Hyakugo Bank, Ltd. Oct 2013 Representative Director, Senior Managing Director, The Hyakugo Bank, Ltd. Jun 2014 Representative Director, Deputy President, The Hyakugo Bank, Ltd. Jun 2019 Advisor, The Hyakugo Bank, Ltd. Jun 2019 Director (Audit and Supervisory Committee Member), the Company (current)
1954-02-07
Large Shareholding Reports
Fractal Business Co., Ltd.
2026-05-25
5.68%→5.68%
Fractal Business Co., Ltd.
2025-12-02
5.66%→5.68%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Fractal Business Co., Ltd.
2025-12-02
5.66%→5.68%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-25
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-02
Large Shareholding Report
EDINETAmended
2025-12-02
Change Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-28
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-20
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-03-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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