Overview
Retail Trade

DREAM VISION CO.,LTD.

Yume Tenbo Co., Ltd. operates three core business segments: an Apparel business selling fashion clothing, shoes, and accessories primarily via e-commerce to women aged teens to 50s under multiple proprietary brands (including Newlyme, Diable Baiser, Dear My Love, and NARACAMICIE); a Jewelry business through consolidated subsidiary Trecente Co., Ltd., offering bridal jewelry including engagement and wedding rings through physical stores in major Japanese cities and online; and a Toy business sourcing toy products from Chinese factories for domestic Japanese toy manufacturers, leveraging long-standing supply chain expertise in China. The company has been fully focused on internet retail for its core apparel segment since closing its last physical store in December 2020, and is expanding into cross-border e-commerce targeting markets in the US, China, South Korea, and Taiwan.

Market Cap
¥1.54B
US$9.84M
EV
¥2.59B
US$16.5M
Stock¥84▼-2.33%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
NM
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-85.1%pt
1001234
Oct 24, 25 – Oct 23, 26StockTOPIX
1Sep 14, 26Third-party allotment of 12th stock warrants with commit-issue agreement (dilution concern)
2Sep 15, 26Issuance of 12th series stock warrants with exercise price reset clause and commit-issue agreement
3Sep 16, 26Long Corridor Asset Management filed a new large shareholding report on Yume Tenbo (3185)
4Sep 17, 26Long Corridor Asset Management filed a new large shareholding report (Sep 15)
MC → EV Bridge
1.54BUS$9.84MMarket Cap1.53BUS$9.76M+ Debt0.49BUS$3.12M− Cash0.00BUS$0.00M− Inv. Sec.2.59BUS$16.5MEV
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Performance & Balance
Revenue 5Y (¥B)
4.95US$31.6M'22/35.18US$33.1M'23/34.66US$29.7M'24/34.50US$28.7M'25/33.53US$22.5M'26/3
EBITDA 5Y (¥B)
0.11US$0.70M'22/30.07US$0.42M'23/3-0.16-US$1.01M'24/3-0.19-US$1.20M'25/3-0.32-US$2.05M'26/3
Net Income 5Y (¥B)
-0.05-US$0.31M'22/3-0.13-US$0.84M'23/3-0.35-US$2.24M'24/3-0.37-US$2.35M'25/3-0.44-US$2.83M'26/3
Capital Structure
103%
EquityDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.09US$6.97M0.42US$2.70M'22/30.79US$5.04M0.40US$2.55M'23/30.51US$3.28M'24/30.36US$2.31M1.40US$8.94M'25/30.63US$4.01M1.31US$8.35M'26/3
Shareholders
Top 10 hold 59.5%
1
RIZAP GROUP,Inc.
45.36%
2
SBI SECURITIES Co., Ltd.
3.79%
3
SBI Neotrade Securities Co., Ltd.
1.94%
4
Sannoshin ARAI
1.64%
5
Takahiro OKA
1.63%
6
Hiromi TSURUTA
1.17%
7
GMO CLICK Securities, Inc.
1.17%
8
Takahiko TOKUYAMA
0.96%
9
Rakuten Securities, Inc. (Joint Account)
0.93%
10
MATSUI SECURITIES CO.,LTD.
0.89%
Management
6 officers
Shigetoshi TSUDA
Representative Director, President
Apr 1996 Joined Koikeya Co., Ltd. Aug 2005 Joined DHC Corporation Apr 2011 Joined Amazon Japan G.K. Apr 2019 Joined Inagora Co., Ltd. as COO, Executive Officer, Vice President, Senior Vice President May 2024 Joined the Company as Executive Vice President and Executive Officer Jan 2025 Representative Director, President, Trecente Co., Ltd. (current) Feb 2025 Chairman, Mengxinkaifa (Hong Kong) Co., Limited (current) Feb 2025 Chairman, Mengzhanwang Trading (Shenzhen) Co., Ltd. (current) Jun 2025 Representative Director, President, the Company (current) Oct 2025 Representative Director, President, Naracamicie Japan Co., Ltd. (current) Nov 2025 Representative Director, President, Antirosa Co., Ltd. (current)
1973-12-17
Ko OKAZAWA
Director
Nov 2000 Joined I-Pe Trend Co., Ltd. (merged into Trend Micro Incorporated), General Manager, Human Resources Department Aug 2001 Transferred to Trend Micro Incorporated, General Manager, Human Resources and General Affairs Division Feb 2011 Joined MISUMI Group Inc., Manager, Human Resources Development Office Nov 2015 Trend Micro Incorporated, Senior Executive Officer and General Manager, Human Resources and General Affairs Division Jun 2024 Director, the Company (current) Nov 2025 Human Resources Advisor, Bario Secure Co., Ltd. Nov 2025 Established Hill Valley Planning Office (current)
1964-07-28
Jumpei FURUKAWA
Director (Audit and Supervisory Committee Member)
Sep 2007 Registered as an attorney-at-law Sep 2007 Joined Chuo Sogo Law Office, P.C. Jan 2015 Partner, Chuo Sogo Law Office, P.C. (current) Jun 2016 Director (Audit and Supervisory Committee Member), the Company (current) May 2023 Outside Director, Takara Incorporation Co., Ltd. (current)
1983-06-14
Tomoyuki KITANI
Director (Audit and Supervisory Committee Member)
Dec 2010 Registered as an attorney-at-law Jan 2011 Joined ITJ Law Office, P.C. Apr 2016 Opened Guardian Law Office Feb 2018 Established Guardian Law Office, P.C.; Representative Attorney (current) Jun 2024 Director (Audit and Supervisory Committee Member), the Company (current) Jun 2024 Outside Director, Global Crowdfunding Inc. (current)
1982-04-07
Toru SHIOTA
Chairman of the Board, Director
Apr 2015 Joined Panasonic Healthcare Holdings Co., Ltd. (now PHC Holdings Corporation) Jun 2020 Director and Executive Officer, RIZAP Group Co., Ltd. Aug 2020 Director, RIZAP Inc. (current) Apr 2021 Director, Sankei Living Shimbun Co., Ltd. (current) Apr 2022 Representative Director, President, RIZAP Business Innovation Co., Ltd. (current) Jun 2022 Representative Director, Chairman, RIZAP Technologies Co., Ltd. (current) Jun 2022 Director, the Company Sep 2022 Chairman of the Board, the Company Sep 2022 Representative Director, Chairman and President/Executive Officer, REXT Holdings Inc. (current) Sep 2022 Representative Director, Chairman and President/Executive Officer, REXT Inc. (current) Sep 2022 Representative Director, Chairman, RIZAP Investment Co., Ltd. (current) Jun 2024 Representative Director, President, the Company Jan 2025 Representative Director, President and Executive Officer, CEO, BRUNO Inc. (current) May 2025 Director, Health Communications Inc. (current) Jun 2025 Director, Chairman of the Board, the Company (current) Aug 2025 Senior Managing Director, in charge of business and general management and overall supervision of RIZAP (current) Dec 2025 Director, Chairman of the Board, Japan Gals Co., Ltd. (current) Apr 2026 Director, Chairman of the Board, MRK Holdings Inc. (current) Jun 2026 Representative Director, President, SD Entertainment
1973-08-21
Takayuki SUZUKI
Director (Audit and Supervisory Committee Member)
Apr 2004 Joined Nomura Research Institute, Ltd. Nov 2009 Joined DeNA Co., Ltd. Apr 2010 Seconded to Everystar Inc. Sep 2011 Joined Recruit Co., Ltd., EC Business Promotion Office Apr 2012 Director, Gochimaru Co., Ltd. Aug 2017 Senior Executive Officer, Group Leader of Business and Service Group, and CDO, Royalty Marketing Co., Ltd. May 2021 Joined RIZAP Group Co., Ltd., Executive Officer, General Manager of DX Promotion Division Jul 2021 Director, RIZAP Inc. (current) Apr 2022 Director and Vice President Executive Officer, REXT Holdings Inc. (current) Apr 2022 Director and Vice President Executive Officer, REXT Inc. (current) Apr 2022 Director, RIZAP Business Innovation Co., Ltd. (current) Jun 2022 Director, RIZAP Technologies Co., Ltd. (current) Jun 2024 Director, the Company Jun 2024 Director, Sankei Living Shimbun Co., Ltd. (current) Aug 2024 Representative Director, President, Hotta Marusho Co., Ltd. May 2025 Director, Deputy Head of RIZAP Group Co., Ltd., in charge of Business Planning, Public Relations, IR, External Affairs, Marketing and DX (current) Jan 2026 Director, RIZAP Agency Co., Ltd. (current) Jun 2026 Director (Audit and Supervisory Committee Member), the Company
1982-01-31
Large Shareholding Reports
Long Corridor Asset Management Limited
2026-10-22
12.06%→10.80%
Long Corridor Asset Management Limited
2026-10-19
13.08%→12.06%
Long Corridor Asset Management Limited
2026-10-01
14.25%
Long Corridor Asset Management Limited
2026-09-30
5.44%→4.30%
RIZAP Group, Inc.
2026-09-18
45.36%→45.36%
Annual report (as of 2026-03-31): 45.36%
Long Corridor Asset Management Limited
2026-09-15
5.44%
RIZAP Group, Inc.
2026-02-24
45.36%→45.36%
Annual report (as of 2026-03-31): 45.36%
RIZAP Group, Inc.
2026-02-20
60.44%→45.36%
Annual report (as of 2026-03-31): 45.36%
Disclosures
No disclosures
Primary Source Filings
EDINETAmended
2026-10-23
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-10-22
Large Shareholding Report
EDINET
2026-10-19
Large Shareholding Report
EDINET
2026-10-01
Large Shareholding Report
EDINET
2026-09-30
Large Shareholding Report
EDINET
2026-09-18
Large Shareholding Report
EDINET
2026-09-15
Large Shareholding Report
EDINET
2026-09-11
Securities Registration Statement
TDnet
2026-08-14
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-02-24
Large Shareholding Report
EDINET
2026-02-20
Large Shareholding Report
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
TDnet
2025-08-14
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
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 – Sep 2024
TDnet
2024-08-14
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-07-17
Securities Registration Statement
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Apr 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
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