Overview
Retail Trade

4Cs HD Co.,Ltd.

Four Seasons HD operates primarily in direct-to-consumer mail-order sales of cosmetics, health foods, and femcare products, complemented by wholesale distribution of cosmetics, health foods, and aroma-related goods. The company also conducts retail sales of aroma and lifestyle goods, and a consulting business covering solar power generation equipment, grid-scale battery storage, and hygiene-related product sales. Its brand portfolio—including Cure·Larét, FAVORINA, DENBA, and Charm Make Body—targets beauty, wellness, and relaxation-conscious consumers.

Market Cap
¥4.01B
US$25.5M
EV
¥3.94B
US$25.1M
Stock¥305▼-2.87%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
2.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-59.8%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
4.01BUS$25.5MMarket Cap0.50BUS$3.19M+ Debt0.57BUS$3.61M− Cash0.00BUS$0.00M− Inv. Sec.3.94BUS$25.1MEV
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Performance & Balance
Revenue 5Y (¥B)
2.47US$15.7M'21/92.32US$14.8M'22/92.14US$13.6M'23/92.26US$14.4M'24/92.44US$15.6M'25/9
EBITDA 5Y (¥B)
-0.10-US$0.61M'21/9-0.08-US$0.53M'22/9-0.19-US$1.20M'23/9-0.10-US$0.66M'24/9-0.14-US$0.91M'25/9
Net Income 5Y (¥B)
-0.18-US$1.14M'21/9-0.16-US$0.99M'22/9-0.27-US$1.73M'23/9-0.27-US$1.74M'24/9-0.24-US$1.55M'25/9
Capital Structure
80%
20%
EquityD/E 0.26xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.82US$5.23M0.79US$5.06M'21/90.65US$4.14M0.65US$4.15M'22/90.54US$3.44M0.76US$4.83M'23/90.84US$5.34M0.54US$3.47M'24/90.44US$2.80M0.77US$4.93M'25/9
Shareholders
Top 10 hold 50.0%
1
DENBA JAPAN Co., Ltd.
16.52%
2
Yasuhiko I
10.19%
3
SCBHK AC-CHINA GALAXY INTERNATIONAL SECURITIES (HONG KONG) CO.,LIMITED-CLIENT ACCOUNT (Standing Proxy: MUFG Bank, Ltd.)
9.30%
4
Netprice Limited Liability Partnership
7.83%
5
Wise Collection Co., Ltd.
1.40%
6
Nexta Co., Ltd. (Silent Partnership Account)
1.29%
7
JELLY BEANS GROUP Co.,Ltd.
1.20%
8
Forsis & Company Co., Ltd.
0.95%
9
Seigo KATO
0.67%
10
Nomura Securities Co., Ltd.
0.66%
Management
6 officers
Hirohiko MATSUNO
Representative Director, President
Apr 2000 Joined Yamada Saiken Kaishu Kanri Sogo Jimusho Co., Ltd. Apr 2006 Joined Funasaki Sogo Judicial Scrivener Corporation Aug 2013 Joined Musee Platinum Inc. Apr 2020 Director, Musee Platinum Inc. Apr 2020 Director, Fuji Beauty Co., Ltd. Sep 2020 Representative Director, TK Management Co., Ltd. Apr 2023 Member, Netprice Limited Liability Partnership (current) Sep 2023 Director, MAQUIA Co., Ltd. Dec 2023 Director, the Company Dec 2024 Representative Director, Vice President, the Company Jun 2025 Representative Director, iiy Co., Ltd. (current) Oct 2025 Representative Director, MIRAISE Co., Ltd. (current) Dec 2025 Representative Director, President, the Company (current)
1977-11-17
Taisuke URA
Director, CFO
Apr 2000 Joined Nippon Telegraph and Telephone East Corporation Jul 2007 Joined Izanami Inc. May 2017 Managing Partner, Tonikaru LLC (current) Jul 2020 Managing Partner, Light Estate LLC (current) Oct 2024 Advisor in charge of business administration, the Company Dec 2024 Director, CFO, the Company (current) Oct 2025 Director, MIRAISE Co., Ltd. (current)
1976-07-29
Mitsuaki TACHIKAWA
Director
Apr 1995 Joined SUNDON TRADING JAPAN Sep 1999 Representative Director, MCM Co., Ltd. Jun 2014 Executive Officer, M Group Holdings & Capital Co., Ltd. (current) Oct 2021 Executive Officer and Chairman, Netprice Co., Ltd. (current) Oct 2022 Member, Netprice Limited Liability Partnership (current) Apr 2023 Director, the Company (current) Apr 2023 Chairman of the Board, Jelly Beans Group Co., Ltd. (current) Oct 2024 Chairman of the Board, ANAP Co., Ltd.
1976-08-06
Tomomi TERADA
Director (Full-time Audit and Supervisory Committee Member)
Apr 1993 Joined Kondo Tax Accountant Office Oct 2010 Joined T-Nine Co., Ltd. Apr 2017 Representative Director, CLEAR Co., Ltd. (current) Feb 2019 Audit & Supervisory Board Member, Miyabi International Co., Ltd. (current) Jul 2020 Representative Director, Pizzanista Tokyo Co., Ltd. (current) Mar 2023 Representative Director, G.D.C. Co., Ltd. Dec 2023 Representative Director, President, the Company Dec 2025 Director, Full-time Audit and Supervisory Committee Member, the Company (current)
1973-01-26
Masafumi KAMIYA
Director (Audit and Supervisory Committee Member)
Apr 2000 Joined Goodwill Communication Inc. Dec 2010 Registered as attorney-at-law (Second Tokyo Bar Association) Jan 2011 Joined Ginza Daiichi Law Office Apr 2016 Representative Attorney, Kamiya Okubo Law Office (current) Apr 2020 Outside Audit & Supervisory Board Member, Musee Platinum Inc. Dec 2023 Director, the Company Dec 2025 Director, Audit and Supervisory Committee Member, the Company (current)
1976-02-11
Takashi TERAMAE
Director (Audit and Supervisory Committee Member)
Apr 1992 Joined Sanwa Bank, Ltd. (now MUFG Bank, Ltd.) Oct 2005 Joined BNP Paribas Securities Co., Ltd. Nov 2011 Joined Societe Generale Securities Co., Ltd. Jun 2013 Representative Director, MARYSOL Co., Ltd. (current) Dec 2023 Director, the Company Dec 2025 Director, Audit and Supervisory Committee Member, the Company (current)
1969-11-19
Large Shareholding Reports
DENBA JAPAN Co., Ltd.
2026-02-24
16.51%
Annual report (as of 2026-03-31): 16.52%
Gold Pacific Global Limited
2025-08-05
19.16%→20.96%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-14
Q3 Earnings Flash
FY ending Sep 2026
EDINET
2026-05-15
Semi-Annual Securities Report
Period: Oct 2025 – Sep 2026
EDINET
2026-02-24
Large Shareholding Report
TDnet
2026-02-13
Q1 Earnings Flash
FY ending Sep 2026
EDINET
2026-02-04
Securities Registration Statement
EDINETAmended
2026-01-21
Amended Annual Securities Report
Period: Oct 2024 – Sep 2025
EDINET
2025-12-22
Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-08-08
Q3 Earnings Flash
FY ending Sep 2025
EDINET
2025-08-05
Large Shareholding Report
EDINET
2025-06-13
Securities Registration Statement
EDINET
2025-05-14
Semi-Annual Securities Report
Period: Oct 2024 – Mar 2025
TDnet
2025-02-14
Q1 Earnings Flash
FY ending Sep 2025
EDINET
2024-12-24
Annual Securities Report
Period: Oct 2023 – Sep 2024
EDINET
2024-05-10
Securities Registration Statement
EDINET
2024-05-10
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-12-26
Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-21
Annual Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-07-08
Securities Registration Statement
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-12-22
Annual Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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