Overview
Information & Communication

VALUE GOLF Inc.

Value Golf operates three core businesses: a Golf Business providing ASP-based tee-time reservation services (including the flagship 'Hitori Yoyaku Land' solo-booking platform with over 1.15 million registered members), golf lessons, advertising/promotional media, and EC sales of golf equipment; a Travel Business offering golf-themed travel packages including overseas tournament tours; and an Advertising Media Production Business supporting digital and print content creation. The company serves both individual golfers and golf course operators across Japan, delivering integrated digital solutions to drive course utilization and golfer engagement.

Market Cap
¥2.63B
US$16.8M
EV
¥3.32B
US$21.2M
Stock¥1,455▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
73.1
x
LTM EV/EBIT
120.3
x
LTM PER
NM
LTM PBR
2.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-27.9%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2.63BUS$16.8MMarket Cap1.46BUS$9.33M+ Debt0.75BUS$4.75M− Cash0.02BUS$0.14M− Inv. Sec.3.32BUS$21.2MEV
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Performance & Balance
Revenue 5Y (¥B)
4.28US$27.3M'22/14.44US$28.3M'23/13.66US$23.3M'24/14.13US$26.3M'25/14.43US$28.2M'26/1
EBITDA 5Y (¥B)
0.23US$1.45M'22/10.25US$1.58M'23/10.08US$0.48M'24/10.11US$0.68M'25/10.07US$0.45M'26/1
Net Income 5Y (¥B)
0.12US$0.78M'22/10.11US$0.73M'23/10.02US$0.14M'24/10.01US$0.03M'25/1-0.02-US$0.12M'26/1
Capital Structure
41%
59%
EquityD/E 1.42xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.17US$7.47M0.79US$5.03M'22/11.17US$7.43M0.83US$5.31M'23/11.27US$8.08M0.99US$6.30M'24/10.95US$6.08M0.94US$6.02M'25/10.78US$4.97M1.41US$8.99M'26/1
Shareholders
Top 10 hold 70.6%
1
Michio MIZUGUCHI
36.73%
2
General Asahi Co., Ltd.
11.79%
3
MM Partners Co., Ltd.
4.46%
4
Kaoru WATANABE
3.64%
5
Kumiko SATO
3.45%
6
Kazuaki WATANABE
2.97%
7
Kazuhiko YOSHIDA
2.30%
8
Yohei YAMAGAMI
2.11%
9
Ryosuke ITO
1.77%
10
Hokuto Sha Co., Ltd.
1.38%
Management
7 officers
Michio MIZUGUCHI
Representative Director, President and Executive Officer
Feb 2004: Established the Company; assumed office as Representative Director, President Sep 2016: Assumed office as Director of Jeep Co., Ltd. Apr 2022: Assumed office as Representative Director, President and Executive Officer of the Company (current)
1957-05-04
Kazuaki WATANABE
Director, Senior Managing Executive Officer
Jan 2005: Joined the Company; General Manager, Administration Department (current) Apr 2008: Assumed office as Director of the Company Mar 2012: Assumed office as Representative Director of Scrum Co., Ltd. Aug 2018: Assumed office as Director of Sankei Ryokou Co., Ltd. Apr 2022: Assumed office as Director, Senior Managing Executive Officer of the Company (current)
1970-10-29
Mikio HIROTA
Director
Apr 1975: Joined Jutaku Shinpo Sha Co., Ltd. Oct 1980: Joined Nihon Recruit Center Co., Ltd. (now Recruit Holdings Co., Ltd.) Apr 1987: Transferred to Recruit Cosmos Co., Ltd. (now Cosmo Initia Co., Ltd.) Jun 1996: Assumed office as Director of Recruit Cosmos Co., Ltd. Jun 2004: Assumed office as Audit & Supervisory Board Member of Recruit Cosmos Co., Ltd. Jul 2013: Opened Next Stage Lab; assumed office as Head (current) Apr 2016: Assumed office as Substitute Audit & Supervisory Board Member of the Company Apr 2019: Assumed office as Director of the Company (current)
1950-05-06
Norihiro SOGA
Director
Apr 1997: Joined Shin Nippon Steel Corporation (now Nippon Steel Corporation) Oct 2001: Registered as an attorney-at-law Oct 2001: Joined Hamada & Matsumoto Law Office (now Mori Hamada & Matsumoto) Aug 2008: Chairperson, Tottori Prefectural Personnel Commission Oct 2010: Representative Member, TNLAW Attorney Corporation (current) Apr 2021: Vice President, Daini Tokyo Bar Association Apr 2022: Assumed office as Director of the Company (current)
1973-01-14
Eiko SUZUKI
Full-time Audit & Supervisory Board Member
Apr 1985: Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Dec 2013: Joined the Company; General Manager, Media Production Department Apr 2019: Assumed office as Representative Director of Scrum Co., Ltd. Apr 2023: Assumed office as Audit & Supervisory Board Member of Sankei Ryokou Co., Ltd. (current) Apr 2025: Assumed office as Audit & Supervisory Board Member of the Company (current)
1961-09-26
Akira KURIHARA
Audit & Supervisory Board Member
Aug 1995: Joined Tachino Accounting Office Mar 1996: Joined Junichiro Yamada Tax Accountant Office (now Yamada & Partners Certified Tax Accountants Corporation) Jun 1998: Registered as a Certified Public Accountant Jul 2000: Transferred to Yusei Audit Corporation (now Taiyo LLC) Sep 2002: Assumed office as Partner of Yusei Audit Corporation (now Taiyo LLC) Dec 2004: Opened Kurihara CPA Office; assumed office as Representative (current) Feb 2009: Registered as a Certified Tax Accountant Apr 2015: Assumed office as Audit & Supervisory Board Member of the Company Aug 2019: Assumed office as Director (Audit and Supervisory Committee Member) of Base Inc. (current) Mar 2022: Assumed office as Audit & Supervisory Board Member of Intermestic Inc. (current)
1972-02-21
Koji TSUJI
Audit & Supervisory Board Member
Apr 1988: Joined Sogo Kyoiku Sha Co., Ltd. Dec 1990: Joined Tokyo Legal Mind Co., Ltd. Aug 1996: Joined Kenchiku Shiryo Kenkyusha Co., Ltd. Oct 2004: Registered as an attorney-at-law; joined Tokyo Consul Law Office Mar 2010: Opened Across Law Office; assumed office as Representative (current) Apr 2015: Assumed office as Audit & Supervisory Board Member of the Company (current)
1965-12-08
Large Shareholding Reports
SBI Securities Co., Ltd.
2026-07-23
5.64%→4.22%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-14
Semi-Annual Securities Report
Period: Feb 2026 – Jul 2026
TDnet
2026-09-14
Q2 Earnings Flash
FY ending Jan 2027
EDINET
2026-07-23
Large Shareholding Report
TDnet
2026-06-12
Q1 Earnings Flash
FY ending Jan 2027
EDINET
2026-04-23
Annual Securities Report
Period: Feb 2025 – Jan 2026
TDnet
2026-04-03
株主総会招集通知
TDnet
2025-12-12
Q3 Earnings Flash
FY ending Jan 2026
EDINET
2025-09-12
Semi-Annual Securities Report
Period: Feb 2025 – Jan 2026
TDnet
2025-06-13
Q1 Earnings Flash
FY ending Jan 2026
EDINET
2025-04-30
Annual Securities Report
Period: Feb 2024 – Jan 2025
TDnet
2024-12-13
Q3 Earnings Flash
FY ending Jan 2025
EDINET
2024-09-13
Semi-Annual Securities Report
Period: Feb 2024 – Jan 2025
EDINET
2024-06-14
Quarterly Securities Report
Period: Feb 2019 – Apr 2024
TDnet
2024-06-14
Q1 Earnings Flash
FY ending Jan 2025
EDINET
2024-04-30
Annual Securities Report
Period: Feb 2023 – Jan 2024
EDINET
2023-12-14
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-09-14
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-06-14
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-04-24
Annual Securities Report
Period: Feb 2022 – Jan 2023
EDINETAmended
2022-12-26
Amended Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Annual Securities Report
EDINETAmended
2022-12-26
Amended Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Annual Securities Report
EDINET
2022-12-26
Quarterly Securities Report
EDINETAmended
2022-12-26
Amended Annual Securities Report
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