Overview
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zig-zag,Inc.

Zigzag Inc. operates a cross-border e-commerce platform connecting domestic Japanese EC sites with overseas customers in 228 countries and regions through two integrated services: 'WorldShopping,' a purchase proxy and fulfillment service for overseas customers, and 'WorldShoppingBIZ,' an easy-to-implement cross-border EC enablement service for domestic Japanese online retailers. The platform removes language, logistics, and payment barriers by allowing EC site operators to go live internationally within as little as one day by simply adding a single JavaScript tag, with no system modifications required. The company handles multilingual customer support, international shipping, and diverse payment methods (including Alipay, WeChat Pay, PayPal, and overseas Amazon Pay), enabling domestic EC operators to serve global customers without changing their existing workflows.

Market Cap
¥2.37B
US$15.1M
EV
¥0.23B
US$1.49M
Stock¥306▲+0.33%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
0.8
x
LTM EV/EBIT
0.8
x
LTM PER
10.8
x
LTM PBR
1.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-44.4%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 15, 26Full-year FY2026/05 earnings announced
MC → EV Bridge
2.37BUS$15.1MMarket Cap0.01BUS$0.05M+ Debt2.15BUS$13.7M− Cash0.00BUS$0.00M− Inv. Sec.0.23BUS$1.49MEV
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Performance & Balance
Revenue 5Y (¥B)
0.56US$3.57M'22/50.80US$5.11M'23/51.11US$7.05M'24/51.41US$9.01M'25/51.50US$9.57M'26/5
EBITDA 5Y (¥B)
0.22US$1.41M'24/50.32US$2.06M'25/50.29US$1.87M'26/5
Net Income 5Y (¥B)
-0.09-US$0.55M'22/50.05US$0.31M'23/50.16US$1.04M'24/50.25US$1.56M'25/50.23US$1.45M'26/5
Capital Structure
99%
EquityD/E 0.01xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'22/5'23/50.69US$4.37M0.04US$0.28M'24/51.46US$9.33M0.03US$0.17M'25/52.00US$12.7M0.01US$0.08M'26/5
Shareholders
Top 10 hold 57.3%
1
Kazuyoshi NAKAZATO
18.35%
2
Ami NAKAZATO
9.86%
3
Z Company Inc.
9.28%
4
Masayoshi YAGI
5.09%
5
SBI SECURITIES Co., Ltd.
4.55%
6
Shinsuke FUDAMOTO
2.60%
7
MIC Innovation No. 4 Investment Limited Partnership
2.27%
8
BBH LUX/BROWN BROTHERS HARRIMAN(LUXEMBOURG)SCA CUSTODIAN FOR SMD-AM FUNDS - DSBI JAPAN EQUITY SMALL CAP ABSOLUTE VALUE (Standing Proxy: Sumitomo Mitsui Banking Corporation)
1.82%
9
Kosuke MATSUMOTO
1.74%
10
Hisato KIMURA
1.73%
Management
6 officers
Kazuyoshi NAKAZATO
Representative Director
Apr 1997 Joined Oxplanning Inc. Apr 2004 Joined Opt Inc. (currently Digital Holdings Inc.) Jul 2010 Representative Director, groowbits Inc. Jun 2015 Founded the Company; Representative Director (current) Apr 2026 Director, Jike Chake Co., Ltd. (current)
1974-04-22
Ken SUZUKI
Representative Director
Apr 2000 Joined Kaga Electronics Co., Ltd. Jan 2002 Joined Opt Inc. (currently Digital Holdings Inc.) Oct 2013 Joined Contents One Inc. Apr 2014 Representative Director, Contents One Inc. Feb 2015 Joined Modetwo Inc. Nov 2015 Director, Modetwo Inc. Jan 2017 Executive Officer, Candee Inc. Sep 2018 Outside Director, vivito Inc. Jan 2020 Director, Head of Marketing Communications Division, the Company Apr 2026 Representative Director, the Company (current) Apr 2026 Director, Jike Chake Co., Ltd. (current)
1977-08-24
Kosuke MATSUMOTO
Outside Director
Jun 1998 Director, Timetable Information Service Co., Ltd. (currently JR East i-Stations Co., Ltd.) Jun 1999 Representative Director, Timetable Information Service Co., Ltd. Jul 2004 Director, Zappallas, Inc. Jun 2011 Director, enish Inc. Mar 2016 Outside Director, PIXTA Inc. Mar 2016 Outside Director, Audit and Supervisory Committee Member, KLab Inc. May 2016 Outside Director, Studio Atao Inc. May 2017 Outside Director, Audit and Supervisory Committee Member, Studio Atao Inc. (current) Jun 2018 Outside Director, Cyber Buzz Inc. Mar 2019 Outside Director, Audit and Supervisory Committee Member, PIXTA Inc. (current) Dec 2020 Outside Director, the Company (current) Dec 2024 Outside Director, Audit and Supervisory Committee Member, Cyber Buzz Inc. (current)
1967-06-02
Motohiko NAGAYAMA
Outside Full-time Statutory Auditor
Apr 2005 Joined Okayasu Shoji Co., Ltd. Jun 2006 Joined Kamakura Cable Communications Co., Ltd. (currently J:COM Shonan Kanagawa Co., Ltd.) Apr 2014 Joined Jupiter Telecommunications Co., Ltd. Sep 2016 Joined Studio Atao Inc. Dec 2019 Joined Take and Give Needs Co., Ltd. Dec 2020 Outside Statutory Auditor, the Company Aug 2022 Outside Full-time Statutory Auditor, the Company (current) Jul 2025 Outside Statutory Auditor, AI model Inc. (current) Apr 2026 Supervisor, Jike Chake Co., Ltd. (current) Jul 2026 Outside Statutory Auditor, Ribul Inc. (current)
1983-03-20
Yoshitaka SASAKI
Outside Statutory Auditor
Nov 1996 Joined Nihon Yuso Kiko Co., Ltd. (currently Mitsubishi Logisnext Co., Ltd.) Jul 2017 Outside Statutory Auditor, galaxy Inc. Oct 2018 Founded TOKYO Frontier Farm Inc.; Representative Director (current) Dec 2018 Outside Statutory Auditor, Cognirobo Inc. May 2019 Outside Statutory Auditor, the Company (current) Sep 2019 Outside Director, Value Design Inc. Feb 2020 Outside Statutory Auditor, Regolith Inc. (currently Spider Plus Inc.) (current) Mar 2020 Representative Director, CFO Knowledge Inc. (current) Jun 2020 Outside Statutory Auditor, HRBrain Inc. Nov 2020 Representative Director, PrimePartners Inc. (current) May 2021 Outside Director, Beltex Inc. (current) Jun 2021 Outside Director, Audit and Supervisory Committee Member, Geniee Inc. Sep 2022 Director, A-Star Quantum Inc. (current)
1973-09-06
Shinichiro YOSHIBA
Outside Statutory Auditor
Oct 2000 Registered as an attorney-at-law Oct 2011 Outside Statutory Auditor, enish Inc. Jan 2015 Partner, Shiomizaka Sogo Law Office (current) Nov 2015 Outside Director, Audit and Supervisory Committee Member, Wantedly Inc. May 2017 Outside Director, Audit and Supervisory Committee Member, Studio Atao Inc. (current) Jun 2018 Outside Statutory Auditor, Cyber Buzz Inc. Mar 2019 Outside Statutory Auditor, Hamai Inc. Jun 2019 Outside Statutory Auditor, Furyu Corporation (current) Mar 2021 Outside Director, Audit and Supervisory Committee Member, Hamai Inc. (current) Aug 2022 Outside Statutory Auditor, the Company (current) Dec 2022 Outside Director, Audit and Supervisory Committee Member, Cyber Buzz Inc. (current)
1973-11-04
Large Shareholding Reports
Kazuyoshi NAKAZATO
2025-12-24
20.56%→18.72%
Annual report (as of 2026-05-31): 18.35%
Mobile Internet Capital, Inc.
2025-12-22
5.03%→3.93%
Mobile Internet Capital, Inc.
2025-11-11
6.38%→5.03%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-14
Q1 Earnings Flash
FY ending May 2027
EDINET
2026-08-26
Annual Securities Report
Period: Jun 2025 – May 2026
TDnet
2026-04-13
Q3 Earnings Flash
FY ending May 2026
EDINET
2026-01-13
Semi-Annual Securities Report
Period: Jun 2025 – May 2026
EDINET
2025-12-24
Large Shareholding Report
EDINET
2025-12-22
Large Shareholding Report
EDINET
2025-11-11
Large Shareholding Report
TDnet
2025-10-14
Q1 Earnings Flash
FY ending May 2026
EDINET
2025-08-27
Annual Securities Report
Period: Jun 2024 – May 2025
TDnet
2025-04-14
Q3 Earnings Flash
FY ending May 2025
EDINETAmended
2025-03-21
Amended Securities Registration Statement
EDINETAmended
2025-03-12
Amended Securities Registration Statement
EDINET
2025-02-25
Securities Registration Statement
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