Overview
Information & Communication

Data Applications Company,Limited

Data Application Co., Ltd. (DAL) develops, sells, and maintains middleware software products centered on data exchange and integration, including its flagship EDI and iPaaS platform ACMS Cloud, enterprise data integration platform ACMS Apex, and no-code data transformation tool RACCOON. The company serves enterprise clients across industries such as distribution, finance, logistics, and public sector, enabling seamless B2B electronic data interchange (EDI), intra-enterprise application integration (EAI), ETL, and API connectivity. DAL's competitive strengths lie in its deep domain expertise in EDI standards (including 流通BMS, EDIFACT, and financial EDI), its no-code/low-code approach to data integration, and a growing AI-driven capability through its subsidiaries.

Market Cap
US$32.1M
¥5.13B
EV
US$2.21M
¥0.35B
StockUS$5.03(¥804)▼-1.95%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
1.1
x
LTM EV/EBIT
2.6
x
LTM PER
79.6
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-22.1%pt
1001
Nov 13, 25 – Nov 13, 26StockTOPIX
1Apr 1, 26Hopes of Mideast de-escalation as Trump signals end to Iran strikes
MC → EV Bridge
US$32.1M¥5.13BMarket CapUS$2.02M¥0.32B+ DebtUS$26.5M¥4.23B− CashUS$6.43M¥1.03B− Inv. Sec.US$1.04M¥0.17B+ NCIUS$2.21M¥0.35BEV
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Performance & Balance
Revenue 5Y (US$)
US$14.4M¥2.30B'22/3US$15.6M¥2.50B'23/3US$18.3M¥2.92B'24/3US$16.3M¥2.61B'25/3US$27.1M¥4.32B'26/3
EBITDA 5Y (US$)
US$2.91M¥0.47B'22/3US$3.35M¥0.54B'23/3US$4.36M¥0.70B'24/3US$2.62M¥0.42B'25/3US$2.87M¥0.46B'26/3
Net Income 5Y (US$)
US$2.02M¥0.32B'22/3US$1.35M¥0.22B'23/3US$3.09M¥0.49B'24/3US$1.68M¥0.27B'25/3US$0.98M¥0.16B'26/3
Capital Structure
94%
EquityD/E 0.07xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$25.7M¥4.11BUS$0.15M¥0.02B'22/3US$27.8M¥4.43BUS$0.47M¥0.08B'23/3US$33.8M¥5.39B'24/3US$32.2M¥5.14BUS$0.97M¥0.16B'25/3US$32.8M¥5.23BUS$2.18M¥0.35B'26/3
Business Segments
2026/03 · US$ (¥B)
56%
Software Development
Revenue
US$15.6M(¥2.49B)
Segment profit
US$1.34M(¥0.21B)8.6%
30%
System Integration
Revenue
US$8.36M(¥1.34B)
Segment profit
US$0.36M(¥0.06B)4.3%
14%
Artificial Intelligence
Revenue
US$4.00M(¥0.64B)
Segment profit
US$0.03M(¥0.01B)0.9%
Adjustments
Revenue
-US$0.90M(¥-0.14B)
Segment profit
—
Shareholders
Top 10 hold 53.0%
1
Keita HASHIMOTO
10.78%
2
UH Partners 3 Investment Limited Partnership
7.01%
3
UH Partners 2 Investment Limited Partnership
6.79%
4
Naoki NAKANO
5.99%
5
Hikari Tsushin K.K. Investment Limited Partnership
5.92%
6
Yoshinobu TAKEDA
5.25%
7
Toru TSUGA
3.47%
8
Advanced Media,Inc.
2.79%
9
JISK System Co., Ltd.
2.72%
10
SIL Investment Limited Partnership
2.24%
Management
9 officers
Takeshi YASUHARA
Representative Director, President and Executive Officer
Apr 1989 Joined Nissho Electronics Corporation Apr 1995 Joined Oracle Corporation Japan Apr 2009 Joined the Company Jun 2009 Head of Sales Division Apr 2010 Executive Officer, Head of Sales Division Jun 2015 Director Apr 2020 Representative Director, President and Executive Officer (current) Apr 2025 Director, Digital Trans Communications Co., Ltd.
1966-03-20
Katsuyoshi SHIMOYAMA
Director, Executive Officer
Apr 1991 Joined CSK Corporation Apr 1997 Joined Oracle Corporation Japan Aug 2004 Joined G-Collabo Co., Ltd. Transferred to Insight Technology Co., Ltd. Apr 2011 Joined Oracle Corporation Japan Jan 2019 Joined the Company Apr 2020 Executive Officer, Head of Sales Division (current) Jun 2025 Director (current) Jun 2026 Director, Digital Trans Communications Co., Ltd. (current)
1968-03-05
Akira TAKAHASHI
Director
Apr 1992 Joined the Company Apr 2025 Executive Officer, Head of Technology Division (current) Director, Melon Co., Ltd. (current)
Takaaki KANEKO
Director (Full-time Audit and Supervisory Committee Member)
Apr 1986 Joined NOK Corporation Jan 1990 Joined Digital Technology Co., Ltd. Aug 2003 Joined Amana Inc. Sep 2006 Joined the Company Apr 2009 Executive Officer, Head of Corporate Management Division Apr 2015 Executive Officer, Head of Corporate Planning and Management Division May 2016 Audit & Supervisory Board Member, Kagoshima Data Application Co., Ltd. Jun 2019 Director Jul 2023 Managing Executive Officer, Head of Corporate Planning and Management Division Jul 2024 Audit & Supervisory Board Member, WEEL Co., Ltd. (current) Apr 2025 Director in charge of Corporate Planning and Management Division Apr 2025 Audit & Supervisory Board Member, Digital Trans Communications Co., Ltd. (current) Apr 2025 Audit & Supervisory Board Member, Melon Co., Ltd. (current) Jun 2025 Director (Full-time Audit and Supervisory Committee Member) (current)
1962-07-10
Yasuyuki ITANO
Director (Audit and Supervisory Committee Member)
Apr 1980 Joined Nomura Computer Systems Co., Ltd. (now Nomura Research Institute, Ltd.) Apr 2005 Executive Officer and Deputy Head, Service & Industrial Systems Business Division, Nomura Computer Systems Co., Ltd. Apr 2009 Managing Executive Officer; Head of Service & Industrial Systems Business Division and Head of Kansai and Chubu Branches, Nomura Computer Systems Co., Ltd. Jun 2014 Director and Senior Managing Executive Officer, in charge of Corporate Division, Risk Management and Compliance, Nomura Computer Systems Co., Ltd. Apr 2015 Representative Director and Senior Managing Executive Officer, in charge of Corporate Division, Risk Management, Compliance and Health Management, Nomura Computer Systems Co., Ltd. Apr 2016 Representative Director and Senior Managing Executive Officer, in charge of Corporate Division, Nomura Computer Systems Co., Ltd. Apr 2017 Director, Nomura Computer Systems Co., Ltd. Jun 2017 Director (Audit and Supervisory Committee Member), the Company Jun 2018 Full-time Audit and Supervisory Committee Member, the Company Sep 2018 Director, FIXER Co., Ltd. Jun 2020 Outside Director (Audit and Supervisory Committee Member), Yamashin-Filter Corporation (current) Outside Director, Yotai Co., Ltd. Jun 2025 Director (Audit and Supervisory Committee Member) (current)
1957-02-19
Masataka ASANO
Director (Audit and Supervisory Committee Member)
Oct 1989 Joined Chuo Audit Corporation (later renamed Misuzu Audit Corporation) Apr 1993 Registered as Certified Public Accountant Apr 2002 Opened Masataka Asano Certified Public Accountant Office (current) May 2002 Registered as Certified Tax Accountant Oct 2006 Co-founded Aruto Audit Corporation (now Aruto Tsukiji LLC) and became a Member May 2010 Chairman, Aruto Tsukiji LLC (current) Jun 2014 Part-time Audit & Supervisory Board Member, the Company Jun 2016 Director (Audit and Supervisory Committee Member) (current)
1963-08-29
Ken MOTOMURA
Director (Audit and Supervisory Committee Member)
Apr 1997 Registered as attorney-at-law; joined Iwata Godo Law Office Oct 2003 Worked at Steptoe & Johnson LLP (Washington, D.C.) Jun 2007 Auditor, Otsuma Gakuin Educational Corporation and Otsuma Women's University Jan 2009 Partner, Iwata Godo Law Office (current) Apr 2015 Instructor, Legal Training and Research Institute of the Supreme Court of Japan (civil advocacy) Jun 2016 Director (Audit and Supervisory Committee Member) (current) Apr 2019 Visiting Professor, University of Tokyo Apr 2020 Part-time Lecturer, Graduate School of Law and Politics, University of Tokyo Jun 2023 Outside Director, Otsuma Gakuin Educational Corporation (current) Jun 2023 Outside Director (Audit and Supervisory Committee Member), Oi Electric Co., Ltd. (current) Dec 2023 Outside Audit & Supervisory Board Member, Texcend Photomask Co., Ltd. (current)
1970-08-22
Yoshihiko MASUDA
Director (Audit and Supervisory Committee Member)
Dec 2004 Joined Azsa LLC Jan 2008 Registered as Certified Public Accountant Aug 2013 Joined Asahi Tax Corporation Feb 2014 Registered as Certified Tax Accountant Jul 2015 Opened Yoshihiko Masuda Certified Public Accountant Office; Representative (current) Jun 2016 Representative Member, M's Consulting LLC (current) May 2018 Director (Audit and Supervisory Committee Member), RPA Holdings Inc. (now Open Group Inc.) (current) Dec 2019 Audit & Supervisory Board Member, Green Earth Institute Co., Ltd. (current)
Rumi TABATA
Director (Audit and Supervisory Committee Member)
Apr 2007 Joined Pasona Career Inc. (now Pasona Inc.) Dec 2014 Appointed as Public Prosecutor Apr 2020 Registered as attorney-at-law Apr 2020 Joined Yamawake, Shimada & Nishimatsu Law Office Dec 2022 Joined Mitsubishi UFJ Trust and Banking Corporation Mar 2025 Joined Proact Law Office (current)
Large Shareholding Reports
Koutsushin Co., Ltd.
2025-12-23
6.11%→6.11%
Koutsushin Co., Ltd.
2025-09-26
6.11%→6.11%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-11-13
Semi-Annual Securities Report
Period: Apr 2026 – Mar 2027
TDnet
2026-11-11
Q2 Earnings Flash
FY ending Mar 2027
TDnet
2026-08-12
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-16
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-25
株主総会招集通知
TDnet
2026-05-13
Full-Year Earnings Flash
FY ending Mar 2026
EDINETAmended
2026-02-10
Amended Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-23
Large Shareholding Report
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-26
Large Shareholding Report
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-18
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-02-03
Securities Registration Statement
EDINET
2025-02-03
Securities Registration Statement
TDnet
2025-02-03
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-05
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-21
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-22
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
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