Overview
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Medix Inc.

Medix Inc. is a digital marketing agency providing comprehensive support services centered on performance-based internet advertising (search, display, and feed ads), marketing DX/web analytics, and website development. The company serves both BtoC and BtoB corporate clients through a one-stop, account-planner-led model that integrates planning, execution, analysis, and reporting under a single point of contact. Medix differentiates itself through 20+ years of search advertising expertise, certified partnerships with major platforms (Google, Meta, LINEYahoo, Criteo, Salesforce, HubSpot, etc.), and its ability to optimize the full digital marketing funnel rather than individual channels in isolation.

Market Cap
¥3.42B
US$21.8M
EV
¥0.30B
US$1.93M
Stock¥467▼-1.48%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
0.5
x
LTM EV/EBIT
0.3
x
LTM PER
8.9
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-33.5%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
3.42BUS$21.8MMarket Cap0.78BUS$4.95M+ Debt3.85BUS$24.6M− Cash0.17BUS$1.06M− Inv. Sec.0.13BUS$0.81M+ NCI0.30BUS$1.93MEV
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Performance & Balance
Revenue 5Y (¥B)
4.27US$27.3M'23/34.18US$26.7M'24/34.16US$26.5M'25/34.26US$27.1M'26/3
EBITDA 5Y (¥B)
0.85US$5.40M'25/30.71US$4.52M'26/3
Net Income 5Y (¥B)
0.40US$2.56M'23/30.49US$3.12M'24/30.80US$5.12M'25/30.44US$2.78M'26/3
Capital Structure
80%
20%
EquityD/E 0.24xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'23/30.03US$0.17M'24/33.80US$24.2M0.12US$0.78M'25/34.23US$27.0M0.83US$5.26M'26/3
Shareholders
Top 10 hold 70.9%
1
Shigeki KOYANAKA
19.97%
2
Masahiro MIZUNO
15.85%
3
Medix Inc. Employee Stock Ownership Association
9.37%
4
Kazuki KOYANAKA
6.65%
5
Masanori TANAKA
5.61%
6
Follow Ones Heart Co., Ltd.
5.48%
7
EPARK, Inc.
3.90%
8
Rakuten Securities, Inc. (Joint Account)
1.69%
9
Norihito IMAMORI
1.35%
10
Nicchu Bridge Co., Ltd.
1.06%
Management
7 officers
Masanori TANAKA
Representative Director, Chairman
Apr 1980 Joined Nihon Recruit Center Co., Ltd. (now Recruit Holdings Co., Ltd.) Jul 1999 Representative Director, Land Net DD Co., Ltd. Jan 2009 Representative Director, Recruit Staffing Information Service Co., Ltd. Jun 2010 Representative Director, Hakuten Co., Ltd. Jun 2014 Representative Director, Follow Ones Heart Co., Ltd. (current) Mar 2018 Outside Director, AI CROSS Co., Ltd. May 2018 Director, Public Interest Incorporated Foundation Institute of Marine Invertebrates (current) Apr 2021 Joined the Company as Director Apr 2022 Representative Director, the Company (current) Jun 2026 Representative Director, Chairman, the Company
1957-05-27
Akihiko BABA
Representative Director, President
Apr 1996 Joined Recruit Co., Ltd., FAX Network Business Division Apr 2006 Company Officer, Bridal Company Business Promotion Division, Recruit Co., Ltd. Oct 2013 Seconded to Recruit Holdings Co., Ltd., Company Partner, Domestic Business Integration Office; Director, Recruit Staffing Co., Ltd.; Director, Staffservice Holdings Co., Ltd. Apr 2019 Seconded to Recruit Co., Ltd., Company Partner, Management Planning Office; Director and Executive Officer, General Manager of Planning Division, Recruit Marketing Partners Co., Ltd.; President, Recruit Zexy Navi Co., Ltd. Apr 2022 Seconded to Recruit Health Insurance Union as Managing Director; Director, General Incorporated Association Promoting Insurer Functions Jun 2023 Joined the Company as Director in charge of Administration (current) Jun 2026 Representative Director, President, the Company
1971-03-18
Kazuki KOYANAKA
Director
Apr 1995 Joined Nissan Prince Chiba Sales Co., Ltd. Apr 1998 Joined the Company Apr 2015 Director, the Company Apr 2018 Executive Officer, Data Dock Co., Ltd. Mar 2023 Retired as Director, the Company Apr 2023 Responsible for New Business Development, Strategy Promotion Unit, the Company (current) Jun 2026 Director, the Company
1971-06-18
Masahiro MIZUNO
Director (Full-time Audit and Supervisory Committee Member)
Apr 1979 Joined Nihon Recruit Center Co., Ltd. (now Recruit Holdings Co., Ltd.) Apr 1992 Joined the Company as Director Jan 2005 Representative Director, the Company Apr 2022 Chairman and Director, the Company Mar 2023 Director (Full-time Audit and Supervisory Committee Member), the Company (current)
1956-07-04
Sanae SUZUKI
Director (Audit and Supervisory Committee Member)
Apr 1997 Joined NEC Information Systems, Ltd. (now NEC Solution Innovators, Ltd.) Aug 1998 Joined SAP Japan Co., Ltd. Dec 2000 Joined AOS Technologies Co., Ltd. Mar 2015 Joined AI CROSS Co., Ltd. as Director Mar 2020 Director (Audit and Supervisory Committee Member), AI CROSS Co., Ltd. (current) Mar 2023 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1974-01-24
Shuichi OKUBO
Director (Audit and Supervisory Committee Member)
Apr 1982 Joined Nihon Recruit Center Co., Ltd. (now Recruit Holdings Co., Ltd.) Jul 2004 Joined NTT DATA Corporation Nov 2006 Seconded to Asian Partners Co., Ltd. as President Apr 2008 Seconded to Itex Co., Ltd. as Executive Managing Director Apr 2014 Joined Itex Co., Ltd. as Managing Director Jun 2016 Joined Realize Co., Ltd. (now NTT DATA Value Engineer Co., Ltd.) Jun 2017 Director, Realize Co., Ltd. Mar 2023 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1958-08-05
Kenji MIYAKO
Director (Audit and Supervisory Committee Member)
Apr 1983 Joined Arthur Andersen & Co. Mar 1989 Established Miyako Accounting Office (now Altus Tax Accountants Corporation), Representative Partner (current) Aug 1990 Established Altus Co., Ltd., Representative Director (current) Dec 2006 Corporate Auditor, I-Studio Co., Ltd. (current) Apr 2008 Auditor, Globis University Graduate School of Management (current) Jun 2013 Corporate Auditor, Globis Corporation (current) Sep 2016 Director, SATORI Inc. (current) Jun 2018 Director (Audit and Supervisory Committee Member), Cyber Buzz Inc. (current) Dec 2019 Director (Audit and Supervisory Committee Member), Open8 Inc. (current) May 2020 Corporate Auditor, Photraction Inc. (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1959-11-14
Large Shareholding Reports
Shigeki KOYANAKA
2026-06-24
18.95%→14.85%
Annual report (as of 2026-03-31): 19.97%
Shigeki KOYANAKA
2026-06-19
18.95%→14.60%
Annual report (as of 2026-03-31): 19.97%
Masanori TANAKA
2025-12-25
6.96%→7.00%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-03-31): 5.61%
Masanori TANAKA
2025-12-24
6.96%→7.00%
Annual report (as of 2026-03-31): 5.61%
Shigeki KOYANAKA
2025-09-19
25.13%→18.95%
Annual report (as of 2026-03-31): 19.97%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-12
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-06-24
Change Report
EDINET
2026-06-19
Large Shareholding Report
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-12-25
Change Report
EDINET
2025-12-24
Large Shareholding Report
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-06-26
Amended Securities Registration Statement
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2025-03-10
Amended Securities Registration Statement
EDINETAmended
2025-02-28
Amended Securities Registration Statement
EDINET
2025-02-12
Securities Registration Statement
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