Overview
Information & Communication

Aiming Inc.

Aiming Inc. is a Japanese online game developer and operator specializing in free-to-play mobile and PC games, with particular expertise in the Massively Multiplayer Online (MMO) genre. The company develops and publishes original titles such as 'Sword and Magic Logres' and 'Kage no Jitsuryokusha ni Naritakute! Master of Garden,' as well as developing games on behalf of third-party publishers including Square Enix's 'Dragon Quest Tact.' Revenue is generated primarily through in-app purchases on iOS and Android platforms, supplemented by game license royalties and development/operation outsourcing fees.

Market Cap
¥9.43B
US$60.1M
EV
¥4.54B
US$28.9M
Stock¥202▼-1.46%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.4
x
LTM EV/EBIT
5.9
x
LTM PER
14.7
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-38.5%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 30, 26Q2 FY2026/12 earnings announced
MC → EV Bridge
9.43BUS$60.1MMarket Cap0.73BUS$4.63M+ Debt5.62BUS$35.8M− Cash0.00BUS$0.00M− Inv. Sec.4.54BUS$28.9MEV
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Performance & Balance
Revenue 5Y (¥B)
12.1US$76.9M'21/1213.7US$87.2M'22/1218.2US$116M'23/1217.1US$109M'24/1215.8US$101M'25/12
EBITDA 5Y (¥B)
1.50US$9.54M'21/120.41US$2.65M'22/12-1.27-US$8.13M'23/12-0.42-US$2.66M'24/122.15US$13.7M'25/12
Net Income 5Y (¥B)
1.17US$7.46M'21/120.60US$3.83M'22/12-2.23-US$14.2M'23/12-0.34-US$2.17M'24/121.09US$6.93M'25/12
Capital Structure
91%
EquityD/E 0.10xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5.49US$35.0M'21/125.25US$33.5M'22/122.88US$18.4M0.50US$3.19M'23/122.87US$18.3M0.00US$0.00M'24/125.50US$35.1M0.10US$0.64M'25/12
Shareholders
Top 10 hold 44.2%
1
COLOPL,Inc.
14.01%
2
Tadashi SHIIBA
6.41%
3
IMAGE TECHNOLOGY INVESTMENT LIMITED (Domestic contact: Tencent Japan LLC)
6.26%
4
Mizuho Trust & Banking Co., Ltd., Securities Management Trust No. 0730038 (Trust Account)
5.22%
5
Mizuho Trust & Banking Co., Ltd., Securities Management Trust No. 0730039 (Trust Account)
4.27%
6
Ueda Yagi Tanshi Co., Ltd.
3.43%
7
Takashi YAMASHITA
1.40%
8
Rakuten Securities, Inc.
1.30%
9
THE BANK OF NEW YORK MELLON 140040 (Standing Proxy: Mizuho Bank, Ltd.)
0.95%
10
Alphacode Inc.
0.93%
Management
8 officers
Tadashi SHIIBA
Representative Director, President
Apr 1997 Joined Tecmo, Ltd. Dec 2001 Joined Nihon System Development Co., Ltd. Apr 2003 Joined GameOn Co., Ltd. Mar 2006 Director, GameOn Co., Ltd. Aug 2006 Managing Director, Online Business Division Head, GameOn Co., Ltd. Jun 2008 Representative Director, ONE-UP Co., Ltd. May 2011 Representative Director, President, the Company (current) May 2025 Director, Betimo Co., Ltd. (current)
1973-12-30
Kazuyuki HAGIWARA
Director, Division Director of Business Support Division (overseeing First Business Division, Second Business Division and Taiwan Business Division)
Jul 1998 Joined Cyberfront Co., Ltd. Sep 2001 Joined GameOn Co., Ltd. Mar 2007 Executive Officer, Systems Management Division Head, GameOn Co., Ltd. Mar 2008 Director, GameOn Co., Ltd. Dec 2011 Joined the Company; Executive Officer Mar 2012 Director and General Manager, Online Services, the Company May 2013 Director and General Manager, Planning & Operations Group, the Company Jan 2021 Director and Division Director, Business Support Division, the Company (current) May 2025 Director, Betimo Co., Ltd. (current)
1973-12-17
Noritaka TAMURA
Director, Division Director of Management Administration Division (overseeing Management Administration Division)
Feb 2003 Joined Success Co., Ltd. Jun 2005 Section Manager, Administration Department, Success Co., Ltd. Jun 2007 Transferred to Success Network Co., Ltd.; Deputy Manager, Administration Department Jun 2008 Manager, Administration Department, Success Network Co., Ltd. Oct 2013 Joined the Company; Manager, Management Administration Group Jul 2015 General Manager, Management Administration Group, the Company Mar 2020 Director and General Manager, Management Administration Group, the Company Jan 2021 Director and Division Director, Accounting Management Division, the Company (current) May 2025 Audit & Supervisory Board Member, Betimo Co., Ltd. (current)
1977-03-15
Tomoyuki TAKEICHI
Director
Apr 1979 Joined The Shikoku Bank, Ltd. May 1996 Joined Square Co., Ltd. (now Square Enix Holdings Co., Ltd.) Jun 1996 Representative Director, President, Square Co., Ltd. May 2000 Representative Director, Chairman, Square Co., Ltd. Jun 2001 Representative Director, DreamMusic Co., Ltd. Jun 2008 Representative Director, President, AQ Interactive Co., Ltd. (now Marvelous Inc.) Oct 2009 Representative Director, President, Takeichi Communications Co., Ltd. (current) Mar 2012 Outside Director, the Company (current) Apr 2015 Director, SHIFT PLUS Co., Ltd.; Outside Audit & Supervisory Board Member, GameWith Co., Ltd. May 2016 Outside Director, GameWith Co., Ltd. (current) Mar 2017 Director, Alphacode Inc. Oct 2017 Outside Director, Litpla Co., Ltd. (current) Jun 2018 Chairman of the Board, Alphacode Inc. Mar 2021 Outside Director, Air Closet Co., Ltd. (current) Dec 2023 Representative Director, Chairman and President, Alphacode Inc. Jun 2025 Representative Director, Alphacode Inc. (current)
1955-11-06
Shuichi KYODA
Director
Apr 1978 Joined Nomura Toy Co., Ltd. Oct 1994 Director, Sega United Co., Ltd. Jan 1998 Director, Head of Sales Division, Sega Muses Co., Ltd. Jul 2003 Managing Executive Officer, Domestic SC Business Head, Capcom Co., Ltd. Mar 2007 Senior Managing Director, NESTAGE Co., Ltd. Jun 2010 Representative Director, President, AQ Interactive Co., Ltd. (now Marvelous Inc.) Oct 2011 Representative Director, President, Marvelous Inc. Apr 2015 Vice Chairman, Marvelous Inc. Jun 2019 Representative Director, President, Marvelous Inc. Jun 2022 Chairman of the Board, Marvelous Inc. Jan 2025 Special Advisor, Tencent Japan LLC (current) Mar 2025 Outside Director, the Company (current)
1953-09-08
Hideki ISHIZAKI
Full-time Audit & Supervisory Board Member
Apr 1977 Joined Idemitsu Kosan Co., Ltd. Jul 1998 Director and Sales Division General Manager, Apollo Resources Pty. Ltd. (Australia) Apr 2001 Vice President, Idemitsu LPG USA (US) Nov 2003 President, Tianjin Idemitsu Lubricants Co., Ltd. (China) Jun 2009 General Manager, New Business Promotion Office, Idemitsu Kosan Co., Ltd. Apr 2011 Audit & Supervisory Board Member, Idemitsu Tanker Co., Ltd. Mar 2014 Outside Audit & Supervisory Board Member, the Company May 2015 Outside Full-time Audit & Supervisory Board Member, the Company (current)
1953-09-28
Masataka UESUGI
Audit & Supervisory Board Member
Apr 1995 Registered as attorney (Tokyo Bar Association); joined Emori & Kawamori Law Office Apr 1999 Opened Uesugi Law Office Jun 2003 Co-Partner, Amrec Law & Accounting Office (now Kasumigaseki Law & Accounting Office) Jun 2004 Outside Audit & Supervisory Board Member, Digital Arts Inc. Jun 2007 Outside Audit & Supervisory Board Member, jig.jp Co., Ltd. (current) Jun 2013 Outside Audit & Supervisory Board Member, Commerce One Holdings Co., Ltd. (current) Dec 2013 Outside Audit & Supervisory Board Member, Ceres Inc. Nov 2014 Outside Audit & Supervisory Board Member, the Company (current) Mar 2015 Co-Partner, Sakuradori Sogo Law Office (current) Mar 2016 Outside Director (Audit and Supervisory Committee Member), Fullcast Holdings Co., Ltd. (current) Jun 2016 Outside Director (Audit and Supervisory Committee Member), Digital Arts Inc. (current) Mar 2021 Outside Director (Audit and Supervisory Committee Member), Ceres Inc.
1965-07-31
Takashi SUEHIRO
Audit & Supervisory Board Member
Jan 2007 Joined Tohmatsu LLC Jul 2010 Registered as Certified Public Accountant Oct 2011 Joined GMO Internet Inc. Jun 2014 Outside Audit & Supervisory Board Member, SanSan Inc. Aug 2015 Outside Director (Audit and Supervisory Committee Member), Neo Marketing Inc. Jun 2017 Outside Audit & Supervisory Board Member, Shinnihon Consultant Co., Ltd.; Director, Palsystem Tokyo Consumers' Cooperative; Registered as Certified Tax Accountant Sep 2020 Outside Audit & Supervisory Board Member, Green Monster Co., Ltd. (current) Mar 2021 Outside Audit & Supervisory Board Member, the Company (current) Mar 2023 Outside Audit & Supervisory Board Member, SFIDA X Inc. Dec 2024 Outside Audit & Supervisory Board Member, Commune Inc. (current)
1974-06-12
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-07-29
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-04-28
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-10-28
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-04-28
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-29
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-30
Annual Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINETAmended
2021-03-31
Amended Annual Securities Report
EDINET
2021-03-30
Annual Securities Report
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