Overview
Real Estate

GAtechnologies Co.,Ltd.

GA technologies operates two core business segments: the RENOSY Marketplace, an AI-powered real estate investment platform offering end-to-end digital services for purchasing, managing, and selling investment properties in Japan and the US, as well as luxury rental brokerage and platforms targeting Chinese and Thai investors; and ITANDI, a B2B SaaS suite providing digital transformation tools for real estate leasing and brokerage companies, including rental management systems, inter-agency transaction platforms, and sales support software. The company leverages proprietary AI scoring and digital workflows to streamline real estate transactions entirely online, differentiating itself through technology-driven efficiency and a comprehensive one-stop marketplace model. GA technologies has been recognized as a DX Brand (Digital Transformation) by Japan's Ministry of Economy for three consecutive years and holds the No. 1 position in investment property buyback volume nationally.

Market Cap
¥55.5B
US$354M
EV
¥73.5B
US$469M
Stock¥1,353▲+2.11%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.3
x
LTM EV/EBIT
11.2
x
LTM PER
15.4
x
LTM PBR
1.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-56.7%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jun 12, 26Q2 FY2026/10 earnings announced
2Sep 15, 26Q3 FY2026/10 earnings announced
MC → EV Bridge
55.5BUS$354MMarket Cap46.2BUS$295M+ Debt29.0BUS$185M− Cash0.00BUS$0.00M− Inv. Sec.0.77BUS$4.90M+ NCI73.5BUS$469MEV
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Performance & Balance
Revenue 5Y (¥B)
85.4US$545M'21/10114US$724M'22/10147US$935M'23/10190US$1.21B'24/10249US$1.59B'25/10
EBITDA 5Y (¥B)
3.59US$22.9M'21/105.71US$36.4M'22/107.47US$47.6M'23/109.66US$61.6M'24/1013.1US$83.3M'25/10
Net Income 5Y (¥B)
-1.27-US$8.09M'21/100.40US$2.52M'22/101.01US$6.44M'23/101.84US$11.7M'24/103.87US$24.7M'25/10
Capital Structure
42%
58%
EquityD/E 1.37xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
15.6US$99.6M26.1US$166M'21/1011.8US$75.5M28.7US$183M'22/1017.5US$111M30.3US$194M'23/1019.3US$123M38.1US$243M'24/1030.4US$194M28.8US$184M'25/10
Shareholders
Top 10 hold 66.8%
1
Ryo HIGUCHI
25.82%
2
GGA LLC
10.89%
3
THE BANK OF NEW YORK 133612 (Standing Proxy: Mizuho Bank, Ltd.)
6.95%
4
SBI SECURITIES Co., Ltd.
4.45%
5
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
4.26%
6
THE BANK OF NEW YORK 133652 (Standing Proxy: Mizuho Bank, Ltd.)
3.54%
7
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
3.40%
8
Custody Bank of Japan, Ltd. (Trust Account)
2.91%
9
BNP PARIBAS LUXEMBOURG/2S/JASDEC/FIM/LUXEMBOURG FUNDS/UCITS ASSETS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.46%
10
Toshitaka FUKUDA
2.10%
Management
8 officers
Ryo HIGUCHI
Representative Director, President and Executive Officer, CEO
Apr 2001 Joined Sagawa Express Co., Ltd. Jul 2007 Joined Aoyama Mainland Co., Ltd. Apr 2012 Assumed position of Representative Director, GLOBAL GA Co., Ltd. Mar 2013 Founded the Company; assumed position of Representative Director, President and Executive Officer, CEO (current)
1982-11-23
Dai HIGUCHI
Director, Senior Managing Executive Officer
Apr 2012 Joined Open House Group Co., Ltd. Apr 2013 Joined the Company Jan 2014 Assumed position of Director of the Company Nov 2021 Assumed position of Director, Managing Executive Officer Nov 2023 Assumed position of Director, Senior Managing Executive Officer (current)
1989-10-23
Masanori GOTO
Director, Managing Executive Officer, CTO
Mar 2001 Completed graduate program, Graduate School of Science and Engineering, Tokyo Institute of Technology Apr 2001 Researcher, Fujitsu Laboratories Ltd. Dec 2006 Software Engineer, Google K.K. (currently Google G.K.) Apr 2022 Engineering Director, Google G.K. Dec 2024 Assumed position of Managing Executive Officer, CTO of the Company Jan 2025 Assumed position of Director, Managing Executive Officer, CTO (current)
1976-10-07
Ken KUTARAGI
Director
Apr 1975 Joined Sony Corporation (currently Sony Group Corporation) Nov 1993 Assumed position of Director, Sony Computer Entertainment Inc. (currently Sony Interactive Entertainment Inc.) Apr 1999 Assumed position of Representative Director, Sony Computer Entertainment Inc. (currently Sony Interactive Entertainment Inc.) Jun 2000 Assumed position of Director, Sony Corporation Nov 2003 Assumed position of Deputy President and COO, Sony Corporation Dec 2006 Assumed position of Chairman and Group CEO, Sony Computer Entertainment Inc. (currently Sony Interactive Entertainment Inc.) Jun 2007 Assumed position of Honorary Chairman, Sony Computer Entertainment Inc. (currently Sony Interactive Entertainment Inc.) Oct 2009 Assumed position of Representative Director and CEO, Cyber I Entertainment Inc. (current) Mar 2010 Assumed position of Outside Director, Rakuten, Inc. (currently Rakuten Group, Inc.) Jun 2011 Assumed position of Outside Director, Nojima Corporation Aug 2017 Assumed position of Outside Director, Ascent Robotics Inc. Jan 2018 Assumed position of Outside Director of the Company (current) Jun 2019 Assumed position of Outside Director, SmartNews, Inc. Aug 2020 Assumed position of Representative Director, Ascent Robotics Inc. (current) Apr 2022 Assumed position of Professor and Dean, Faculty of Informatics, Kindai University (current)
1950-08-02
Piotr Felix GUZIBACHI
Director
Oct 2000 Conducted research in behavioral economics, Faculty of Social Sciences, Chiba University Jul 2002 Head of New Business, Human Resources Development Consulting, Berlitz Japan K.K. Jun 2006 Vice President, Organization Development, Morgan Stanley Dec 2011 Head of Human Resources, Asia Pacific, Google G.K. Apr 2014 Head of Learning Strategy, Google G.K. Jun 2015 Established Pronoia Group Co., Ltd.; assumed position of Representative Director (current) Apr 2016 Co-founded Motify Inc.; assumed position of Director Jun 2019 Assumed position of Director, TimeLeap Inc. (current) Dec 2019 Resigned as Director, Motify Inc. Jan 2022 Assumed position of Outside Director of the Company (current)
1975-02-11
Toshiro KUWABARA
Director, Audit and Supervisory Committee Member
Apr 1978 Joined Sumitomo Bank, Ltd. Apr 2001 General Manager, Planning Department, Sumishin Finance Co., Ltd. May 2005 General Manager, Corporate Planning Department, SMBC Finance Service Co., Ltd. Jun 2006 Executive Officer and General Manager, Corporate Planning Department, SMBC Finance Service Co., Ltd. Jun 2007 Director and Managing Executive Officer, in charge of Corporate Planning Department, SMBC Finance Service Co., Ltd. Jul 2010 Director and Managing Executive Officer, in charge of Corporate Planning and Systems Departments, SMBC Finance Service Co., Ltd. Mar 2012 Director and Senior Managing Executive Officer, in charge of Corporate Planning and Systems Departments, SMBC Finance Service Co., Ltd. Apr 2012 Director and Senior Managing Executive Officer, in charge of Corporate Planning and Risk Management Departments, SMBC Finance Service Co., Ltd. Oct 2012 Representative Director and Senior Managing Executive Officer, SMBC Finance Service Co., Ltd. Mar 2017 Assumed position of Full-time Audit & Supervisory Board Member, Enaris Inc. Jan 2022 Assumed position of Outside Director (Audit and Supervisory Committee Member) of the Company (current) Oct 2022 Assumed position of Full-time Audit & Supervisory Board Member, Pair Capital Inc.
1954-04-12
Tomohisa MATSUBA
Director, Audit and Supervisory Committee Member
Oct 2004 Registered as attorney-at-law Oct 2004 Joined White & Case Law Office Aug 2010 Joined Hikari Sogo Law Office Jul 2011 Joined Financial Services Agency (fixed-term staff) Sep 2013 Joined SBI Holdings, Inc. Sep 2014 Joined Murata & Wakatsuki Law Office May 2015 Joined Masuda Partners Law Office May 2017 Assumed position of Outside Audit & Supervisory Board Member, GMO Domain Registry Co., Ltd. (current) Oct 2018 Assumed position of Partner, Masuda Partners Law Office Jan 2020 Assumed position of Outside Director (Audit and Supervisory Committee Member) of the Company (current) Dec 2023 Established Edomizaka Law Office; assumed position of Representative Attorney (current)
1978-10-25
Ai SHOJI
Director, Audit and Supervisory Committee Member
Apr 1995 Joined a tax accounting firm in Tokyo Nov 2004 Joined a tax accounting firm in Tokyo Jun 2006 Opened Ai Shoji Certified Tax Accountant Office Jul 2007 Joined Mitsubishi Corporation UBS Realty Inc. (currently KJR Management Inc.) May 2021 Joined Accuity Inc. Oct 2021 Assumed position of Director, Accuity Inc. Apr 2025 Assumed position of Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1971-05-10
Large Shareholding Reports
Ryo HIGUCHI
2026-09-11
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-06-04
25.82%→25.82%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-06-03
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-03-24
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-03-12
25.82%→25.82%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-03-05
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-02-20
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-02-20
25.82%→25.82%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-31): 25.82%
Baillie Gifford & Co
2026-02-16
11.12%→12.12%
Ryo HIGUCHI
2026-02-09
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-02-09
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-02-09
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-01-20
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-01-20
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-01-19
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2026-01-08
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2025-11-10
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2025-11-07
25.82%→25.82%
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2025-11-06
25.85%→25.82%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-31): 25.82%
Ryo HIGUCHI
2025-11-05
25.85%→25.82%
Annual report (as of 2026-05-31): 25.82%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-14
Q3 Earnings Flash
FY ending Oct 2026
EDINET
2026-09-11
Large Shareholding Report
EDINET
2026-06-11
Semi-Annual Securities Report
Period: Nov 2025 – Oct 2026
EDINETAmended
2026-06-04
Change Report
EDINET
2026-06-03
Large Shareholding Report
EDINET
2026-03-24
Large Shareholding Report
TDnet
2026-03-17
Q1 Earnings Flash
FY ending Oct 2026
EDINETAmended
2026-03-12
Change Report
EDINET
2026-03-05
Large Shareholding Report
EDINETAmended
2026-02-24
Amended Annual Securities Report
Period: Nov 2024 – Oct 2025
EDINETAmended
2026-02-20
Change Report
EDINET
2026-02-20
Large Shareholding Report
EDINET
2026-02-16
Large Shareholding Report
EDINET
2026-02-09
Large Shareholding Report
EDINETAmended
2026-02-09
Change Report
EDINETAmended
2026-02-09
Change Report
EDINET
2026-01-28
Annual Securities Report
Period: Nov 2024 – Oct 2025
EDINETAmended
2026-01-20
Change Report
EDINETAmended
2026-01-20
Change Report
EDINET
2026-01-19
Large Shareholding Report
EDINET
2026-01-08
Large Shareholding Report
EDINET
2025-11-10
Large Shareholding Report
EDINET
2025-11-07
Large Shareholding Report
EDINETAmended
2025-11-06
Change Report
EDINET
2025-11-05
Large Shareholding Report
TDnet
2025-09-11
Q3 Earnings Flash
FY ending Oct 2025
EDINET
2025-06-12
Semi-Annual Securities Report
Period: Nov 2024 – Apr 2025
TDnet
2025-03-13
Q1 Earnings Flash
FY ending Oct 2025
EDINET
2025-01-30
Annual Securities Report
Period: Nov 2023 – Oct 2024
EDINET
2024-06-28
Securities Registration Statement
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