Overview
Information & Communication

MKSystem Corporation

MK System provides cloud-based labor management software under the 'Sharomu' brand, serving over 2,400 social insurance labor consultant (sharoushi) offices and corporations across Japan. Its core ASP service automates social insurance, labor insurance, and payroll procedures, offering tiered plans for small sharoushi practices through to large enterprise HR departments handling up to 240,000 employees and 3.5 million annual electronic filings. The company also operates a CuBe business segment that delivers custom-built and cloud-based HR workflow systems for large and mid-sized enterprises.

Market Cap
¥1.69B
US$10.8M
EV
¥1.66B
US$10.6M
Stock¥312▲+1.63%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.4
x
LTM EV/EBIT
4.8
x
LTM PER
5.2
x
LTM PBR
1.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
1.69BUS$10.8MMarket Cap0.79BUS$5.06M+ Debt0.84BUS$5.35M− Cash0.00BUS$0.00M− Inv. Sec.0.01BUS$0.05M+ NCI1.66BUS$10.6MEV
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Performance & Balance
Revenue 5Y (¥B)
2.74US$17.5M'22/32.87US$18.3M'23/32.64US$16.8M'24/33.29US$21.0M'25/33.26US$20.8M'26/3
EBITDA 5Y (¥B)
0.52US$3.33M'22/30.57US$3.65M'23/30.01US$0.09M'24/30.35US$2.23M'25/30.60US$3.84M'26/3
Net Income 5Y (¥B)
0.09US$0.58M'22/30.15US$0.92M'23/3-0.67-US$4.26M'24/3-0.12-US$0.75M'25/30.26US$1.63M'26/3
Capital Structure
53%
47%
EquityD/E 0.89xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.47US$2.99M0.38US$2.42M'22/30.61US$3.89M0.51US$3.26M'23/30.71US$4.54M1.33US$8.46M'24/30.61US$3.87M1.20US$7.67M'25/30.75US$4.79M0.84US$5.36M'26/3
Shareholders
Top 10 hold 44.8%
1
NM Family Co., Ltd.
22.11%
2
MKSystem Corporation Employee Stock Ownership Association
4.14%
3
OCEAN Co., Ltd.
3.55%
4
Kinjiro Co.,Ltd.
3.00%
5
Honoh House Co., Ltd.
2.58%
6
Masahiko MORITA
2.06%
7
Yoshitsugu ASAKURA
1.98%
8
Nippon Automatic Controller Manufacturing Co., Ltd.
1.84%
9
Taeko MIYAMOTO
1.78%
10
Rakuten Securities, Inc. (Joint Account)
1.75%
Management
9 officers
Noboru MIYAKE
Representative Director, President and Executive Officer
Apr 1980 Joined Toshiba Business Computer Co., Ltd. Apr 1990 Joined MK Information Systems Co., Ltd. (now the Company) Mar 1991 Representative Director, President, the Company Oct 2016 Representative Director, President, Business Net Corporation Co., Ltd. Apr 2018 Representative Director, President and Executive Officer, the Company Apr 2018 Representative Director, President and Executive Officer, Business Net Corporation Co., Ltd. (current) Apr 2019 Representative Director, President and Executive Officer, and Executive Officer in charge of Sales, the Company Apr 2020 Representative Director, President and Executive Officer, the Company (current)
1955-02-26
Hisashi ISHIHARA
Director
Apr 1982 Joined Toshiba Business Computer Co., Ltd. Apr 1984 Joined Toshiba Information Equipment Co., Ltd. Apr 2013 Transferred to Kanto Toshiba Information Equipment Co., Ltd.; assumed position of Representative Director, President Oct 2014 Assumed position of Managing Director, Toshiba Solution Business Software Co., Ltd. Oct 2016 Assumed position of Director and General Manager, System Development Center, Toshiba Solution Sales Co., Ltd. Oct 2017 Joined Liberty Bell Co., Ltd.; General Manager, Corporate Planning and Technology Departments May 2020 Joined Business Net Corporation Co., Ltd. Jun 2020 Director and Vice President, Business Net Corporation Co., Ltd. (current) Apr 2021 Executive Officer in charge of Sales, the Company Jun 2021 Director and Executive Officer in charge of Sales, the Company (current)
1957-09-01
Shoji WATANABE
Director
Apr 1980 Joined Toshiba Business Computer Co., Ltd. Apr 1984 Joined Toshiba Information Equipment Co., Ltd. Apr 2016 Joined Toshiba IS Consulting Co., Ltd. Jan 2019 Joined the Company Apr 2020 General Manager, Business Development Department, the Company Apr 2021 Executive Officer in charge of Development, the Company Jun 2022 Director, Business Net Corporation Co., Ltd.; Director and Executive Officer in charge of Product Quality Control and Support, the Company Aug 2024 Director and Executive Officer in charge of Infrastructure and Support, the Company (current)
1956-03-12
Kiyoshi TAKEMOTO
Director
Oct 2000 Joined Deloitte Touche Tohmatsu LLC Feb 2013 Joined Kinki Finance Bureau, Ministry of Finance Jun 2017 Joined IMV Co., Ltd. Oct 2019 General Manager, Accounting Department, IMV Co., Ltd. Oct 2020 General Manager, Corporate Planning Department, IMV Co., Ltd. Apr 2024 Joined the Company; Executive Officer, Administration (assistant) Jun 2024 Director and Executive Officer in charge of Administration, the Company (current) Director, Business Net Corporation Co., Ltd. (current)
1970-09-30
Kohei NOMURA
Director
Apr 1975 Registered as attorney-at-law; joined Nakayasu Law Office Apr 1977 Established Nishikawa Nomura Law Office (now Nomura & Partners) (current) Apr 1999 Vice President, Osaka Bar Association Mar 2000 Retired as Vice President, Osaka Bar Association Jun 2004 Outside Statutory Auditor, Alinco, Inc. Feb 2007 Outside Statutory Auditor, the Company Jun 2015 Outside Director, the Company (current) Sep 2015 Outside Statutory Auditor, J-TEC Corporation Jun 2016 Outside Director, Audit and Supervisory Committee Member, Alinco, Inc. Aug 2018 Outside Director, Sumie Textile Co., Ltd. (now SUMINOE Co., Ltd.) (current)
1948-05-12
Yuma OKADA
Director
Apr 2015 Joined Axe Consulting Co., Ltd. Jul 2018 General Manager, Nagoya Branch, Axe Consulting Co., Ltd. Aug 2020 Established iDOOR Inc.; Representative Director (current) Jun 2026 Outside Director, the Company (current)
1991-12-04
Mitsuhiro OKUDA
Statutory Auditor (Full-time)
Apr 1984 Joined Daiwa Bank, Ltd. (now Resona Bank, Ltd.) Apr 2010 General Manager, Kaizuka-Sano Area Sales Department No. 2, Resona Bank, Ltd. Apr 2012 General Manager, Osaka Loan Management Department, Resona Bank, Ltd. Oct 2015 Executive Officer, DFL Lease Co., Ltd. Apr 2020 Joined the Company Jun 2020 Statutory Auditor, the Company (current) Jun 2020 Statutory Auditor, Business Net Corporation Co., Ltd. (current)
1960-05-04
Katsuhiro ISHIKAWA
Statutory Auditor
Apr 1977 Joined Kanki Accounting Office Aug 1979 Joined Takehisa Murakata Tax Accountant Office May 1982 Established Katsuhiro Ishikawa Tax Accountant Office (current) Jun 2008 Statutory Auditor, the Company (current)
1954-07-08
Yasuhiko WATANABE
Statutory Auditor
Dec 1975 Joined Chuo Kaikei Audit Corporation Aug 1982 Registered as Certified Public Accountant Jul 2008 Representative Partner, Koyo Kaikei-sha Audit Corporation Jun 2011 Representative Partner, Pegasus Audit Corporation (now Hibiki Audit Corporation) Jun 2013 Outside Statutory Auditor, K.F.C. Co., Ltd. (current) Jun 2015 Statutory Auditor, the Company (current) Jul 2015 Outside Statutory Auditor, Ritsumeikan Educational Foundation Jul 2021 Representative, Yasuhiko Watanabe Certified Public Accountant Office (current) Jun 2023 Outside Director, Fuso Pharmaceutical Industries, Ltd. (current)
1952-07-25
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-04
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-06
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-05
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-04
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-06
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-05
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-06
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-07
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-07
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-08
Quarterly Securities Report
EDINET
2022-08-04
Quarterly Securities Report
EDINET
2022-06-21
Annual Securities Report
EDINET
2022-02-07
Quarterly Securities Report
EDINET
2021-11-05
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-22
Annual Securities Report
EDINET
2021-02-04
Quarterly Securities Report
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