Overview
Retail Trade

ANAP HOLDINGS INC.

ANAP Holdings operates a diversified lifestyle group comprising apparel retail, esthetic/relaxation salon services, and investment-related businesses. The apparel segment markets multiple fashion brands—primarily 'ANAP' targeting teens to late-20s women, alongside sub-brands ANAP KIDS, ANAP GiRL, and the unisex sustainability-focused BASICX—through 27 domestic stores, wholesale channels, licensing agreements, and a proprietary e-commerce platform with approximately 966,000 registered members. The group is additionally expanding into esthetic and relaxation salon services and Bitcoin-centered digital asset investment through newly established subsidiaries.

Market Cap
¥2.73B
US$17.4M
EV
¥12.9B
US$82.1M
Stock¥60▼-4.76%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
0.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-110.0%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Dec 22, 25Detailed report on ¥4.1B fund outflow
2Oct 16, 26FY2026/8 results: crypto valuation loss & restructuring loss booked, variance notice corrected
MC → EV Bridge
2.73BUS$17.4MMarket Cap10.5BUS$66.7M+ Debt0.33BUS$2.11M− Cash0.00BUS$0.00M− Inv. Sec.12.9BUS$82.1MEV
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Performance & Balance
Revenue 5Y (¥B)
5.06US$32.3M'22/84.22US$26.9M'23/82.71US$17.3M'24/81.77US$11.3M'25/82.13US$13.6M'26/8
EBITDA 5Y (¥B)
-0.36-US$2.27M'22/8-0.67-US$4.30M'23/8-0.99-US$6.34M'24/8-1.46-US$9.28M'25/8-2.15-US$13.7M'26/8
Net Income 5Y (¥B)
-0.53-US$3.35M'22/8-1.16-US$7.42M'23/8-1.19-US$7.57M'24/8-2.66-US$17.0M'25/8-7.32-US$46.7M'26/8
Capital Structure
43%
57%
EquityD/E 1.31xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.00US$6.35M1.91US$12.2M'22/80.49US$3.11M1.96US$12.5M'23/80.19US$1.22M2.55US$16.3M'24/80.75US$4.77M5.00US$31.9M'25/80.33US$2.11M10.5US$66.7M'26/8
Shareholders
Top 10 hold 87.6%
1
Netprice Business Turnaround LLC
36.59%
2
Yotsuya Digital Innovators LLC
23.90%
3
GAD Limited Liability Business Partnership
12.04%
4
EUROCLEAR BANK S.A./N.V. (Standing Proxy: MUFG Bank, Ltd.)
11.48%
5
Toshiyasu IETAKA
1.08%
6
Atsuzo NAKAJIMA
0.70%
7
Rakuten Securities, Inc. (Joint Account)
0.67%
8
Gen EGAWA
0.52%
9
Morgan Stanley MUFG Securities Co., Ltd.
0.36%
10
Yoshihisa HINO
0.30%
Management
9 officers
Rintaro KAWAI
Representative Director, President
Jan 2002 Sumitomo Corporation, Russian subsidiary ZAO SUMITRADE Oct 2005 Kaspersky Lab Japan Co., Ltd., Representative Director Dec 2020 Aria Co., Ltd., Advisor Jun 2021 Furuguru LLC, Designated Executive (Representative) (current) Sep 2021 IFINEX Japan Co., Ltd., Representative Director, President (current) Mar 2025 the Company, Representative Director, Chairman Jul 2025 the Company, Representative Director, President (current)
1971-01-05
Kazuhiro YAMAMOTO
Director, Vice President
Oct 1998 BNP Paribas Bank (formerly Paribas Bank), Tokyo Branch May 2000 BNP Paribas Securities Japan, Tokyo Branch Apr 2002 HVB Capital Securities, Tokyo Branch (securities subsidiary of UniCredit Bank) Oct 2007 DeNA Co., Ltd. Sep 2009 Chronos Capital GK, Representative Member (current) Apr 2023 Jellybeans Group, Inc., Outside Director Mar 2025 the Company, Director, Vice President (current)
1968-07-01
Ichiro MIYAHASHI
Director
Apr 1985 IBM Japan, Ltd. Dec 2009 Symantec Japan K.K. Sep 2011 Kaspersky Lab Japan Co., Ltd. May 2022 IFINEX Japan Co., Ltd., Executive Officer, CTO Mar 2025 the Company, Director (current)
1961-03-10
Yosuke YUNOKI
Director
Dec 2004 Deloitte Touche Tohmatsu LLC, Shizuoka Office Nov 2010 Tax Accountant Corporation TAX EYES Jun 2012 Yosuke Yunoki Certified Public Accountant and Tax Accountant Office, opened (current) Aug 2016 YUNOKI ACCOUNTING PARTNERS Co., Ltd., established, Representative Director (current) May 2024 Jellybeans Group, Inc., Audit & Supervisory Board Member Mar 2025 the Company, Director (current)
1979-12-18
Yoshinao NEGISHI
Director
Jun 2003 Innotech Corporation, Director, General Manager of Administration Division (CFO) Jun 2004 Vertex Standard Co., Ltd., Director, General Manager of Administration Division (CFO) Jun 2015 Universal Entertainment Corporation, Director, General Manager of Administration Division (CFO) Aug 2017 Celebrex Co., Ltd., joined Sep 2018 Jupiter Associates GK, established, Representative Member (current) Jul 2025 the Company, joined; Executive Officer, General Manager of Corporate Management Division Oct 2025 AEL Co., Ltd., Representative Director; ARF Co., Ltd., Representative Director (concurrent) Nov 2025 the Company, Director, General Manager of Corporate Management Division (current)
1961-03-05
Shu URAYAMA
Director
Dec 2008 Admitted as attorney-at-law (61st class, new training system) Dec 2008 Kitahama Partners (Gaikokuho Kyodo Jigyo), joined Aug 2012 Financial Services Agency, Securities Division, seconded Oct 2014 Securities and Exchange Surveillance Commission, Secretariat (Securities Inspector), concurrently Jul 2015 Chuo Sogo Law Office, joined (current) Nov 2020 Digital Securities Preparation Co., Ltd. (now Digital Securities Co., Ltd.), Audit & Supervisory Board Member (current) Aug 2025 RegCompass Co., Ltd., Representative Director (current) Nov 2025 the Company, Director (current)
1980-08-08
Shiro UEHARA
Full-time Audit & Supervisory Board Member
Apr 1987 Universal Securities Co., Ltd. (now Mitsubishi UFJ Securities Holdings Co., Ltd.) Apr 1997 Paribas Securities, Tokyo Branch (now BNP Paribas Securities Japan) May 2005 Deutsche Securities Inc. Aug 2013 Mizuho Securities Co., Ltd. Jul 2017 Wells Fargo Securities Japan Co., Ltd. May 2024 BP Consulting, Representative (current) Nov 2025 the Company, joined; Audit & Supervisory Board Member (current)
1964-01-11
Atsushi YOKOUCHI
Audit & Supervisory Board Member
Dec 2016 Avantia Audit Corporation, joined Jul 2020 Registered as Certified Public Accountant Jul 2020 Yokouchi CPA Office, established, Representative (current) Mar 2022 Accrise Co., Ltd., established, Representative Director (current) Aug 2023 Relife Co., Ltd., Outside Audit & Supervisory Board Member (current) Nov 2025 the Company, Audit & Supervisory Board Member (current)
1992-08-22
Takashi KOMINE
Audit & Supervisory Board Member
Oct 2004 Admitted as attorney-at-law (Second Tokyo Bar Association); joined Nishikawa Sogo Law Office (now Sidley Austin Gaikokuho Kyodo Jigyo) Oct 2010 Sidley Austin, Hong Kong Office, seconded Mar 2013 TMI Associates, joined Oct 2014 C.P. Lin & Co. Law Office (Hong Kong), seconded Aug 2018 OWL Trading Limited (Hong Kong), established, Director (current) Dec 2021 OWL Investments Pte. Limited (Singapore), established, Director (current) Aug 2024 Amagasa Co., Ltd. (now Jellybeans Group, Inc.), Outside Audit & Supervisory Board Member (current) Nov 2025 the Company, Audit & Supervisory Board Member (current)
1971-09-21
Large Shareholding Reports
NetPrice Business Restructuring LLC
2026-10-13
46.39%→46.10%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
46.10%→52.72%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
52.72%→48.74%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
41.73%→49.45%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
39.54%→41.73%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
41.70%→41.69%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
41.69%→39.54%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
48.74%→41.70%
Annual report (as of 2026-02-28): 36.59%
NetPrice Business Restructuring LLC
2026-10-13
41.78%
Annual report (as of 2026-02-28): 36.59%
Evo Fund
2026-10-07
7.95%→23.90%
NetPrice Business Restructuring LLC
2026-10-07
41.73%→49.45%
Annual report (as of 2026-02-28): 36.59%
GAD Limited Liability Partnership
2026-10-07
10.20%→15.88%
Yotsuya Digital Innovators LLC
2026-10-07
23.71%→35.26%
Annual report (as of 2026-02-28): 23.90%
Mitsuaki Tachikawa
2026-09-16
12.93%→10.20%
Evo Fund
2026-09-14
54.25%→7.95%
Evo Fund
2026-08-31
54.95%→54.25%
BCH SPV II
2026-07-29
0.00%→5.61%
Evo Fund
2026-06-04
56.00%→54.95%
Fulgur Investment Management Limited
2026-05-15
6.26%
Vitaly Bezrodnykh
2026-05-14
8.34%→9.38%
Vitaly Bezrodnykh
2026-05-14
5.17%
Vitaly Bezrodnykh
2026-05-14
5.17%→6.23%
Vitaly Bezrodnykh
2026-05-14
7.28%→8.34%
Vitaly Bezrodnykh
2026-05-14
9.38%→10.45%
Vitaly Bezrodnykh
2026-05-14
10.45%→11.45%
Vitaly Bezrodnykh
2026-05-14
6.23%→7.28%
Evo Fund
2026-05-13
56.40%→56.00%
Evo Fund
2026-04-30
57.41%→56.40%
Evo Fund
2026-04-06
8.48%→57.41%
Evo Fund
2026-03-25
46.15%→8.48%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2026-03-11
38.40%→38.42%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2026-03-10
41.73%→38.42%
Evo Fund
2026-03-09
41.15%→46.15%
Capital Typhoon Co., Ltd.
2026-03-06
25.83%→0.00%
Yotsuya Digital Innovators LLC
2026-03-06
23.71%
Annual report (as of 2026-02-28): 23.90%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2026-03-05
41.73%→39.75%
Evo Fund
2026-03-05
46.41%→41.15%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2026-03-05
39.75%→39.75%
Evo Fund
2026-01-30
47.46%→46.41%
Evo Fund
2026-01-22
48.53%→47.46%
Evo Fund
2026-01-13
49.95%→48.53%
Evo Fund
2026-01-09
50.98%→49.95%
AEGIS LLC
2025-12-18
5.16%→0.00%
Capital Typhoon Co., Ltd.
2025-12-18
21.81%→25.83%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2025-12-11
—
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2025-12-10
39.54%→41.73%
Evo Fund
2025-12-08
9.26%→50.98%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2025-11-06
41.70%→39.54%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2025-11-06
41.70%→39.54%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Evo Fund
2025-11-06
9.26%
AEGIS LLC
2025-10-20
5.16%→5.16%
Rei ADACHI
2025-08-14
—
Rei ADACHI
2025-08-14
—
AEGIS LLC
2025-08-12
8.36%→5.16%
AEGIS LLC
2025-08-07
10.93%→8.36%
Mitsuaki TACHIKAWA
2025-08-06
16.70%→12.93%
AEGIS LLC
2025-08-05
15.18%→10.93%
AEGIS LLC
2025-07-29
15.18%
Capital Typhoon Co., Ltd.
2025-07-29
21.81%
NetPrice Business Restructuring LLC, Person Performing Duties Kazuhiro YAMAMOTO
2025-07-29
52.72%→41.70%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-15
Full-Year Earnings Flash
FY ending Aug 2026
EDINET
2026-10-13
Large Shareholding Report
EDINETAmended
2026-10-13
Change Report
EDINET
2026-10-13
Large Shareholding Report
EDINETAmended
2026-10-13
Change Report
EDINET
2026-10-13
Large Shareholding Report
EDINETAmended
2026-10-13
Change Report
EDINETAmended
2026-10-13
Change Report
EDINETAmended
2026-10-13
Change Report
EDINET
2026-10-13
Large Shareholding Report
EDINET
2026-10-07
Large Shareholding Report
EDINET
2026-10-07
Large Shareholding Report
EDINET
2026-10-07
Large Shareholding Report
EDINET
2026-10-07
Large Shareholding Report
EDINET
2026-09-16
Large Shareholding Report
EDINET
2026-09-14
Large Shareholding Report
EDINETAmended
2026-09-01
Amended Securities Registration Statement
EDINET
2026-08-31
Large Shareholding Report
EDINET
2026-08-24
Securities Registration Statement
EDINET
2026-07-29
Large Shareholding Report
TDnet
2026-07-15
Q3 Earnings Flash
FY ending Aug 2026
EDINET
2026-06-04
Large Shareholding Report
EDINET
2026-05-15
Large Shareholding Report
EDINET
2026-05-14
Large Shareholding Report
EDINET
2026-05-14
Large Shareholding Report
EDINET
2026-05-14
Large Shareholding Report
EDINET
2026-05-14
Large Shareholding Report
EDINET
2026-05-14
Large Shareholding Report
EDINET
2026-05-14
Large Shareholding Report
EDINET
2026-05-14
Large Shareholding Report
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