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Overview

Wholesale Trade

Ascentech K.K.

Ascentech is a Japan-based IT infrastructure company specializing in virtual desktop (VDI) solutions and information security, operating as a strategic partner of Cloud Software Group, Inc. (Citrix). The company imports, sells, and maintains products from global vendors including Cloud Software Group and Atrust Computer Corporation, while also developing and marketing its own proprietary products and services under the 'Resalio' brand, including thin clients, remote PC arrays, and cloud-based DaaS offerings. Its IT Infrastructure business spans three segments—Virtual Desktop, Cloud Infrastructure, and Cloud Services—delivered through system integrators and supported by certified professional engineers offering consulting, design, implementation, and managed services.

Market Cap

¥23.2B

US$148M

¥12.8B

US$81.7M

Stock¥540▲+0.75%

US$1 = ¥157.05 (2026-10-22)

LTM EV/EBITDA

4.7

LTM EV/EBIT

4.9

LTM PER

11.4

LTM PBR

3.5

2026-08-25 closing price basis: ranked #29 in beluuga.ai's "Japanese listed companies with negative Enterprise Value" ranking (simplified EV ≈ ¥-45B).

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.1%pt

Oct 23, 25 – Oct 23, 26StockTOPIX

MC → EV Bridge

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Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

100%

EquityD/E 0.00xDebt

Liquidity vs Debt 5Y (¥B)▲ Net Cash

CashInv. Sec.Debt

Shareholders

Top 10 hold 64.3%

as of 2026-07-31 · Source: Annual Securities Report

Ruby LLC

23.22%

Naohiro SATO

7.00%

Masaaki FURUYA

6.62%

The Master Trust Bank of Japan, Ltd. (Trust Account)

5.42%

Takashi MATSUURA

5.22%

RAYMOND JAMES & ASSOCIATES,INC.CLIENTS (Standing Proxy: Citibank, N.A., Tokyo Branch)

4.88%

Tomohiro YOSHIDA

3.05%

Shinichi NAGAMORI

3.02%

Yoshiaki OTA

2.99%

Custody Bank of Japan, Ltd. (Trust Account)

2.88%

Management

7 officers

Naohiro SATO

Director, Chairman of the Board

Apr 1981 Joined Texas Instruments Japan Limited Nov 1988 Joined IBM Japan, Ltd. Aug 2006 Joined M.P. Technologies Inc. Aug 2006 Director, Guest-Tek Interactive Entertainment Ltd. (Canada) Oct 2006 Representative Director, President, M.P. Technologies Inc. Feb 2009 Representative Director, President, the Company Feb 2009 Representative Director, President, M.P. Holdings Inc. Apr 2023 Director, Chairman of the Board, the Company (current) Aug 2023 Representative Director, President, Breakout Inc. (current) Dec 2023 Director, Ones Corporation Dec 2023 Director, SIP Co., Ltd. Feb 2024 Representative Director, President, Ones Corporation Feb 2024 Representative Director, President, SIP Co., Ltd. Sep 2025 Director, Ones Corporation (current)

1958-07-08

Takashi MATSUURA

Representative Director, President

Apr 1991 Joined Nihon Unisys, Ltd. (currently BIPROGY Inc.) Jul 2001 Joined Citrix Systems Japan K.K. Feb 2006 Joined M.P. Technologies Inc., General Manager, Solutions Division Feb 2009 Director, General Manager, Solutions Division, the Company Oct 2009 Director, M.P. Holdings Inc. Apr 2013 Director, Executive Vice President, General Manager, Solutions Division, the Company Feb 2020 Director, Executive Vice President, General Manager, Technology Division No. 1, the Company Apr 2023 Representative Director, President, the Company (current) Sep 2025 Director, Ones Corporation (current)

1968-09-19

Ryo IWASAKI

Director

Apr 2006 Joined Fuji Soft Inc. Jan 2011 Joined Acentech Inc. Feb 2020 General Manager, Second Sales Department, First Sales Division, the Company Feb 2023 General Manager, Second Sales Division, the Company May 2024 General Manager, Sales Division, the Company Apr 2025 Executive Officer, General Manager, Sales Division, the Company (current)

1984-01-17

Masahide PENG

Outside Director

Apr 1998 Joined IBM Japan, Ltd. Apr 2004 Seconded to IBM Asia Pacific Services Ltd. Mar 2006 Joined Recruit Co., Ltd. Aug 2007 Joined IBM Japan, Ltd. Oct 2012 Representative, Presence Japan Dec 2022 Representative Director, Splendeo Inc. (current) Apr 2023 Outside Director, the Company (current)

1972-05-31

Tadashi SHIRAISHI

Director, Audit and Supervisory Committee Member

Apr 1975 Joined Tokai Bank, Ltd. (currently MUFG Bank, Ltd.) May 2002 Executive Officer, UFJ Bank Ltd. (currently MUFG Bank, Ltd.) May 2005 Managing Executive Officer, UFJ Bank Ltd. May 2009 Senior Managing Executive Officer, General Manager, Sales Division No. 2, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (currently MUFG Bank, Ltd.) May 2010 Senior Managing Executive Officer, The Bank of Tokyo-Mitsubishi UFJ, Ltd. Jun 2010 Deputy President and Director, Mitsubishi UFJ Lease & Finance Company Limited (currently Mitsubishi HC Capital Inc.), concurrently Executive Officer Jun 2012 President and Director, Mitsubishi UFJ Lease & Finance Company Limited Jun 2017 Chairman and Director, Mitsubishi UFJ Lease & Finance Company Limited Apr 2021 Special Advisor, Mitsubishi HC Capital Inc. May 2021 Outside Director, Keystone Partners Inc. (current) Jul 2021 Outside Director, Fujihisa Co., Ltd. Jan 2022 Outside Director, Fujihisa Holdings Co., Ltd. (currently Japan Craft Holdings Co., Ltd.) Nov 2025 Outside Director, Daikokuya Holdings Co., Ltd. (current) Significant Concurrent Positions: Outside Director, Keystone Partners Inc.; Outside Director, Daikokuya Holdings Co., Ltd.

1953-02-17

Keiichi KUWAHARA

Director, Audit and Supervisory Committee Member

Apr 1986 Joined IBM Japan, Ltd. Jul 2000 Joined AT&T Japan Ltd.; Manager, Marketing Promotion, Alliance & Strategy Manager, Business Promotion Department, AT&T Japan Ltd. Sep 2010 Joined IIJ Global Solutions Co., Ltd.; General Manager, Solutions Sales Promotion Department Manager, Corporate Planning Department, IIJ Global Solutions Co., Ltd. Jan 2020 Representative, Kuwahara Keiichi Administrative Scrivener Office (currently CompPass Management & Legal Office) (current) Mar 2021 Outside Director, Hyper Inc. (current) Significant Concurrent Positions: Representative, CompPass Management & Legal Office; Outside Director, Hyper Inc.

1962-07-14

Hiroshi MATSUDA

Director, Audit and Supervisory Committee Member

Oct 2006 Registered as Attorney-at-Law Oct 2006 Joined City-Yuwa Partners Jan 2018 Partner, City-Yuwa Partners (current) Oct 2021 Outside Audit & Supervisory Board Member, Gear Co., Ltd. (current) Significant Concurrent Positions: Partner, City-Yuwa Partners; Outside Audit & Supervisory Board Member, Gear Co., Ltd.

1979-05-28

Large Shareholding Reports

Masaaki FURUYA

2026-06-26

5.04%→6.29%

Annual report (as of 2026-07-31): 6.62%

Masaaki FURUYA

2026-06-23

5.04%

Annual report (as of 2026-07-31): 6.62%

Naohiro SATO

2026-06-04

6.87%→6.87%

Annual report (as of 2026-07-31): 7.00%

NOMURA INTERNATIONAL PLC

2026-04-21

3.15%→2.39%

Takashi MATSUURA

2026-03-06

5.87%→5.12%

Annual report (as of 2026-07-31): 5.22%

NOMURA INTERNATIONAL PLC

2026-02-19

2.64%→3.15%

NOMURA INTERNATIONAL PLC

2026-02-06

2.64%

Shinichi NAGAMORI

2025-09-24

22.51%→2.96%

Annual report (as of 2026-07-31): 3.02%

Ruby LLC

2025-09-24

22.84%

Annual report (as of 2026-07-31): 23.22%

Naohiro SATO

2025-09-24

10.16%→6.87%

Annual report (as of 2026-07-31): 7.00%

Naohiro SATO

2025-09-01

10.16%→10.16%

Annual report (as of 2026-07-31): 7.00%

NOMURA INTERNATIONAL PLC

2025-08-20

3.18%→1.46%

Shinichi NAGAMORI

2025-08-12

22.51%→22.51%

Annual report (as of 2026-07-31): 3.02%

NOMURA INTERNATIONAL PLC

2025-08-06

3.18%

Disclosures

No disclosures

Primary Source Filings

EDINET

2026-09-14

Semi-Annual Securities Report

Period: Feb 2026 – Jan 2027

Ascentech K.K.

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Ascentech K.K.

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