Overview
-

A-tie Co.,Ltd.

Eitai Co., Ltd. operates a temple consulting business centered on eitaikuyobo (perpetual memorial graves), a modern grave format managed permanently by Buddhist temples, eliminating the need for successors or ongoing maintenance by families. The company provides end-to-end outsourced services to partner temples—including grave construction, advertising, sales agency, site tours, contract administration, and burial operations—earning commission fees from grave sales proceeds. Leveraging a dominant strategy built on demographic analysis and territorial exclusivity, the company has achieved cumulative contracted graves of 32,726 as of August 2025, expanding from its Kanto base to Kyushu, Tokai, and Kansai regions.

Market Cap
¥10.8B
US$68.6M
EV
¥8.61B
US$54.9M
Stock¥2,533▲+1.69%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
—
LTM EV/EBIT
9.9
x
LTM PER
18.7
x
LTM PBR
3.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-54.7%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 16, 26Q3 FY2026/08 earnings announced
MC → EV Bridge
10.8BUS$68.6MMarket Cap0.02BUS$0.10M+ Debt2.16BUS$13.8M− Cash0.00BUS$0.00M− Inv. Sec.8.61BUS$54.9MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
1.78US$11.4M'22/81.93US$12.3M'23/82.38US$15.2M'24/82.93US$18.7M'25/83.44US$21.9M'26/8
Net Income 5Y (¥B)
0.28US$1.76M'22/80.28US$1.76M'23/80.30US$1.89M'24/80.46US$2.91M'25/80.57US$3.66M'26/8
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'22/8'23/80.02US$0.12M'24/82.05US$13.1M0.01US$0.04M'25/82.16US$13.8M0.02US$0.10M'26/8
Shareholders
Top 10 hold 72.4%
1
AGI Inc.
28.29%
2
Shinichi KABAYAMA
26.16%
3
Genki KABAYAMA
6.60%
4
Rakuten Securities, Inc.
2.81%
5
Eiji TERADA
2.40%
6
The Master Trust Bank of Japan, Ltd. (Trust Account)
2.31%
7
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
1.70%
8
Hiroki TAKEUCHI
0.73%
9
Custody Bank of Japan, Ltd. (Trust Account)
0.72%
10
Ayako SASAKI
0.71%
Management
7 officers
Genki KABAYAMA
Representative Director, President
Sep 2011 Joined Eitai Kuyobo Fukyukai Co., Ltd. Aug 2017 Assumed office as Director, Nihon Clevest Co., Ltd. (now the Company) Sep 2017 Assumed office as Managing Director, Nihon Clevest Co., Ltd. (now the Company) Aug 2018 Assumed office as Representative Director and Vice President, Nihon Clevest Co., Ltd. (now the Company) Jul 2019 Assumed office as Representative Director, President of the Company (current)
1984-05-02
Yuji TANAKA
Director
Feb 2011 Joined KPMG AZSA LLC Jul 2018 Assumed office as Audit & Supervisory Board Member, Nihon Clevest Co., Ltd. (now the Company) Jul 2019 Assumed office as Director and General Manager of Corporate Planning Office, the Company Sep 2020 Assumed office as Director, the Company (current)
1987-05-09
Seiko MINOMO
Outside Director
Apr 1997 Joined Homma & Komatsu Law Office (now Homma Godo Law Office) (current) Nov 2018 Assumed office as Outside Director, the Company (current) Jun 2019 Assumed office as Director, MIMAKI ENGINEERING Co., Ltd. Jun 2021 Assumed office as Director (Audit and Supervisory Committee Member), MIMAKI ENGINEERING Co., Ltd. (current) Aug 2022 Assumed office as Audit & Supervisory Board Member, Human Technologies Co., Ltd. (current)
1971-05-09
Daisuke ISHIKAWA
Director
Dec 2005 Joined Azusa Audit Corporation (now KPMG AZSA LLC) Jul 2015 Established Ishikawa CPA Office, Representative (current) Sep 2015 Assumed office as Representative Director, andB Inc. (current) Jun 2016 Assumed office as Audit & Supervisory Board Member, Akatsuki Inc. Apr 2018 Assumed office as Audit & Supervisory Board Member, Yappli Inc. (current) Nov 2024 Assumed office as Director, the Company (current)
1980-04-12
Yusuke HOSOYA
Full-time Audit & Supervisory Board Member
Jun 2012 Joined Katsu Judicial Scrivener Corporation Jan 2016 Joined Bunchosha Co., Ltd. Dec 2016 Joined Birdman Inc. May 2020 Established Subakosha LLC Sep 2020 Joined the Company, assumed office as General Manager of Internal Audit Office Sep 2022 Assumed office as Audit & Supervisory Board Member, the Company (current)
1984-10-11
Hideyuki MORI
Audit & Supervisory Board Member
Apr 1985 Joined Toyo Engineering Corporation Oct 1989 Joined Asahi Shinwa Audit Corporation (now KPMG AZSA LLC) Feb 1996 Assumed office as Representative Director, Kanzu Co., Ltd. (current) Jul 1996 Opened Mori CPA Office, Representative (current) May 2004 Assumed office as Audit & Supervisory Board Member, TTC Co., Ltd. (now EP Mediate Co., Ltd.) Jan 2009 Assumed office as Audit & Supervisory Board Member, Nihon Clevest Co., Ltd. (now the Company) (current) Jun 2014 Assumed office as Director, Keiei Joho Systems Cooperative (current)
1962-07-20
Sosuke TAKAHASHI
Audit & Supervisory Board Member
Oct 2004 Joined Atsumi Sogo Law Office (now Atsumi Sakai Law Office, Foreign Law Joint Enterprise) May 2007 Joined Midosuji Law Office (Attorneys' Corporation) Jan 2013 Assumed office as Partner, Midosuji Law Office Jul 2015 Opened Kaname Sogo Law Office, Representative (current) Sep 2015 Assumed office as Director, JQ Inc. (current) May 2016 Assumed office as Director, Ichigo Investment Advisors Co., Ltd. (current) Nov 2016 Assumed office as Director, T.S Corporation Nov 2018 Assumed office as Director, Realize Corporation (current) Nov 2019 Assumed office as Audit & Supervisory Board Member, the Company (current) Sep 2020 Assumed office as Director, TechVoice Inc. Jun 2021 Assumed office as Director, Realize Securities Co., Ltd. (current) Jun 2025 Assumed office as Audit & Supervisory Board Member, EPG Co., Ltd. (current)
1978-08-23
Large Shareholding Reports
AGI Inc.
2026-10-23
34.17%→37.68%
Annual report (as of 2026-02-28): 28.29%
AGI Co., Ltd.
2026-10-23
37.68%→37.68%
Annual report (as of 2026-02-28): 28.29%
AGI Co., Ltd.
2026-04-24
34.17%→34.17%
Annual report (as of 2026-02-28): 28.29%
AGI Co., Ltd.
2026-04-22
28.54%→34.17%
Annual report (as of 2026-02-28): 28.29%
AGI Co., Ltd.
2025-07-31
28.54%→28.54%
Annual report (as of 2026-02-28): 28.29%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-23
Large Shareholding Report
EDINET
2026-10-23
Large Shareholding Report
TDnet
2026-10-15
Full-Year Earnings Flash
FY ending Aug 2026
TDnet
2026-07-15
Q3 Earnings Flash
FY ending Aug 2026
EDINET
2026-04-24
Large Shareholding Report
EDINET
2026-04-22
Large Shareholding Report
EDINET
2026-04-14
Semi-Annual Securities Report
Period: Sep 2025 – Aug 2026
TDnet
2026-01-13
Q1 Earnings Flash
FY ending Aug 2026
EDINET
2025-11-28
Annual Securities Report
Period: Sep 2024 – Aug 2025
EDINET
2025-07-31
Large Shareholding Report
TDnet
2025-07-15
Q3 Earnings Flash
FY ending Aug 2025
EDINETAmended
2025-06-18
Amended Securities Registration Statement
EDINETAmended
2025-06-10
Amended Securities Registration Statement
EDINET
2025-05-23
Securities Registration Statement
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →