Overview
Information & Communication

Drecom Co.,Ltd.

Drecom is a Japanese entertainment company operating across four business segments: Game, Publishing & Anime, Merchandise (MD), and Technology Solutions. The Game segment develops, publishes, and operates smartphone and PC-based games—including IP-licensed titles and original properties such as 'Wizardry Variants Daphne'—under a freemium monetization model. Beyond games, the company publishes light novels, comics, and webtoons, produces anime and media-mix projects, sells IP-based merchandise, and provides B2B technology services including a location-based 3D map platform ('AROW'), load testing, and vulnerability assessment services.

Market Cap
¥14.2B
US$90.7M
EV
¥11.4B
US$72.9M
Stock¥496▼-3.50%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.7
x
LTM EV/EBIT
11.3
x
LTM PER
6.1
x
LTM PBR
2.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-14.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
14.2BUS$90.7MMarket Cap2.69BUS$17.2M+ Debt5.45BUS$34.8M− Cash0.02BUS$0.13M− Inv. Sec.0.00BUS$0.01M+ NCI11.4BUS$72.9MEV
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Performance & Balance
Revenue 5Y (¥B)
10.5US$67.1M'22/310.8US$68.9M'23/39.78US$62.4M'24/312.7US$80.7M'25/317.5US$112M'26/3
EBITDA 5Y (¥B)
2.13US$13.6M'22/32.55US$16.3M'23/31.05US$6.68M'24/30.64US$4.07M'25/31.58US$10.1M'26/3
Net Income 5Y (¥B)
0.81US$5.15M'22/31.16US$7.39M'23/30.10US$0.66M'24/3-1.04-US$6.60M'25/30.21US$1.36M'26/3
Capital Structure
66%
34%
EquityD/E 0.52xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
4.74US$30.2M2.97US$19.0M'22/36.10US$38.9M3.84US$24.5M'23/36.01US$38.3M6.47US$41.3M'24/33.95US$25.2M4.73US$30.2M'25/36.40US$40.8M3.12US$19.9M'26/3
Shareholders
Top 10 hold 63.2%
1
Hiroki NAITO
33.76%
2
Bandai Namco Holdings Inc.
18.80%
3
Kenichi YAMAGUCHI
2.47%
4
SBI SECURITIES Co., Ltd.
1.77%
5
Custody Bank of Japan, Ltd. (Trust Account E)
1.63%
6
Japan Securities Finance Co.,Ltd.
1.41%
7
Rakuten Securities, Inc. (Joint Account)
1.41%
8
Mobatec Co., Ltd.
0.68%
9
Sotaro TAKEDA
0.68%
10
JPMorgan Securities Japan Co., Ltd.
0.62%
Management
5 officers
Hiroki NAITO
Representative Director, President
Nov 2001 Founded Drecom Co., Ltd. (now Drecom Co., Ltd.); Representative Director Mar 2003 Reorganized as Drecom Co., Ltd.; Representative Director, President (current) Jan 2005 Founded Drecom Tech Co., Ltd.; Representative Director, President Jun 2006 Founded Drecom Generated Media Co., Ltd. (now Zigexn Co., Ltd.); Representative Director, President
1978-07-07
Hideki GOTO
Director
Apr 1992 Joined Daiwa Institute of Research Ltd. Jun 1997 Joined Information Technology Research Institute Co., Ltd. (now I T R Co., Ltd.) May 2000 Joined Deutsche Securities Inc., Tokyo Branch (now Deutsche Securities Inc.) Jan 2008 Joined La Speranza Co., Ltd. Feb 2008 Director, La Speranza Co., Ltd. Sep 2010 Joined the Company Jun 2015 Director of the Company (current)
1966-12-06
Rie AOKI
Director (Audit and Supervisory Committee Member)
Oct 1995 Joined Ota Showa & Co. (now EY ShinNihon LLC) Jul 2000 Joined Daiwa SB Capital Markets Co., Ltd. (now Daiwa Securities Co. Ltd.) Apr 2004 Established Aoki Certified Public Accountant Office; Principal (current) Jun 2010 Audit & Supervisory Board Member of the Company Nov 2013 Audit & Supervisory Board Member of Geniee, Inc. Jun 2015 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Jan 2018 Outside Director (Audit and Supervisory Committee Member), Ricksoft Co., Ltd. (current) Significant concurrent positions: Principal, Aoki Certified Public Accountant Office; Outside Director (Audit and Supervisory Committee Member), Ricksoft Co., Ltd.
1970-10-09
Masao MURATA
Director (Audit and Supervisory Committee Member)
Apr 1996 Registered as attorney-at-law Apr 1996 Joined Mori Sogo Law Office (now Mori Hamada & Matsumoto) Dec 2002 Partner, Minori Sogo Law Office Apr 2004 Established Murata & Wakatsuki Law Office; Representative Attorney (current) Apr 2008 Concurrent Professor, Hosei University Law School Jun 2014 Audit & Supervisory Board Member of the Company Jun 2015 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Nov 2024 Outside Audit & Supervisory Board Member, Rodina Inc. (current) Significant concurrent positions: Representative Attorney, Murata & Wakatsuki Law Office; Outside Audit & Supervisory Board Member, Rodina Inc.
1971-02-17
Katsuhiko SHIMIZU
Director (Audit and Supervisory Committee Member)
Apr 1986 Joined Corporate Direction, Inc. Jun 1994 Earned Master of Business Administration, Amos Tuck School, Dartmouth College Dec 2000 Earned Doctor of Business Administration, Texas A&M University Sep 2000 Assistant Professor, University of Texas at San Antonio Sep 2006 Associate Professor, University of Texas at San Antonio (tenured) Apr 2010 Professor, Graduate School of Business Administration, Keio University (current) Jun 2019 Outside Director (Audit and Supervisory Committee Member) of the Company (current) Significant concurrent position: Professor, Graduate School of Business Administration, Keio University
1963-12-18
Large Shareholding Reports
Yuki Naito
2026-08-06
33.72%→33.72%
Annual report (as of 2026-03-31): 33.76%
Hiroki NAITO
2025-12-15
34.16%→33.72%
Annual report (as of 2026-03-31): 33.76%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-06
Large Shareholding Report
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-15
Large Shareholding Report
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-29
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-07-04
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-30
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-30
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-08
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-09
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-08
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-09
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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