Overview
Information & Communication

Akatsuki Inc.

Akatsuki Inc. is a Japanese entertainment company operating primarily in mobile game development and digital comic distribution, with key titles including 'Dragon Ball Z Dokkan Battle' (in collaboration with Bandai Namco Entertainment) and 'Romancing SaGa Re;univerSe' (with Square Enix). The company also operates a webtoon/vertical-scroll full-color comic platform ('HykeComic') and has expanded into adjacent entertainment businesses including SNS marketing, AI technology consulting, video content production, and IP development. Akatsuki pursues a diversified creative portfolio through its group companies spanning candy art (PAPABUBBLE), creator-led marketing (Natee), online lottery systems (Slash Gift), and entertainment app development (CRAYON).

Market Cap
¥54.2B
US$345M
EV
¥38.1B
US$242M
Stock¥1,249▼-2.35%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
3.8
x
LTM EV/EBIT
3.9
x
LTM PER
7.1
x
LTM PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+19.8%pt
100
Oct 23, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
54.2BUS$345MMarket Cap34.9BUS$222M+ Debt38.2BUS$243M− Cash12.8BUS$81.3M− Inv. Sec.0.02BUS$0.10M+ NCI38.1BUS$242MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
26.3US$167M'22/324.3US$155M'23/324.0US$153M'24/323.7US$151M'25/325.9US$165M'26/3
EBITDA 5Y (¥B)
7.61US$48.5M'22/35.85US$37.2M'23/32.85US$18.1M'24/34.04US$25.7M'25/37.66US$48.7M'26/3
Net Income 5Y (¥B)
5.19US$33.1M'22/31.34US$8.55M'23/31.29US$8.20M'24/31.65US$10.5M'25/35.65US$36.0M'26/3
Capital Structure
53%
47%
EquityD/E 0.90xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
36.8US$234M4.21US$26.8M'22/345.0US$286M9.20US$58.6M'23/341.4US$264M6.10US$38.8M'24/339.8US$253M6.10US$38.8M'25/343.2US$275M11.7US$74.2M'26/3
Shareholders
Top 10 hold 61.5%
1
Tetsuro KODA
10.20%
2
SONY GROUP CORPORATION
9.69%
3
The Master Trust Bank of Japan, Ltd.
8.25%
4
KOEI TECMO HOLDINGS CO.,LTD.
7.82%
5
Owl Age Co., Ltd.
7.61%
6
Sankupia Co., Ltd.
6.73%
7
STATE STREET BANK AND TRUST COMPANY 505103 (Standing Proxy: Mizuho Bank, Ltd.)
5.43%
8
Motoki SHIOTA
2.32%
9
Custody Bank of Japan, Ltd.
1.78%
10
Tomohiro YOSHIDA
1.66%
Management
9 officers
Tetsuro KODA
Representative Director, President
Jun 2009 Joined Accenture K.K. Jun 2010 Founded the Company; assumed office of Representative Director, President Mar 2012 Resigned as Representative Director of the Company; assumed office of Director of the Company Jul 2013 Assumed office of Representative Director, President of Owl Age Co., Ltd. (current) Jul 2014 Assumed office of Representative Director, President of Akatsuki Taiwan Inc. Jun 2020 Assumed office of Representative Director, President of the Company (current) Jun 2021 Assumed office of Representative Director, President of HykeComic Co., Ltd. (current) Oct 2021 Assumed office of Outside Director of FUMOA Inc. (current) Mar 2023 Assumed office of Outside Director of K2Pictures Inc. (current) Apr 2026 Assumed office of Director of Groove Direction Inc. (current)
1985-05-25
Kazuhiko ISHIKURA
Director, Executive Vice President, CFO and CSO
Dec 2005 Joined Azusa Audit LLC Jun 2014 Assumed office of Corporate Auditor of the Company Mar 2015 Assumed office of Director of 3minutes Inc. (currently Green Lifestyle Co., Ltd.) Oct 2018 Assumed office of Outside Director of LIFE CREATE Inc. (currently LOIVE Inc.) (current) Nov 2018 Assumed office of Executive Officer of the Company Oct 2020 Assumed office of Outside Corporate Auditor of Now Do Co., Ltd. (current) Dec 2021 Assumed office of Director of SDF Capital Co., Ltd. (current) Jan 2022 Assumed office of Representative Director, President of Akatsuki Ventures Co., Ltd. (current) Jun 2022 Assumed office of Director of the Company Nov 2024 Assumed office as Representative of EMOOTE PTE. LTD. (current) Jun 2025 Assumed office of Director, Executive Vice President of the Company (current) Nov 2025 Assumed office of Director of Natee Co., Ltd. (current)
1980-07-10
Hisashi KATSUYA
Director
Apr 1985 Joined IBM Japan, Ltd. Apr 2000 Assumed office of Japan Representative and Partner, IBM Venture Capital Group Aug 2010 Assumed office of Representative, Hisashi Katsuya Office (current) Oct 2010 Assumed office of Outside Director of Questetra, Inc. (current) Mar 2014 Assumed office of Outside Director of the Company (current) Mar 2018 Assumed office of Outside Director of Makuake Inc. (current) Apr 2018 Assumed office of Director of A-Zero Inc. (current) Dec 2023 Assumed office of Director of Geofla Inc.
1962-04-11
Tetsuya MIZUGUCHI
Director
Apr 1990 Joined Sega Enterprises, Ltd. Oct 2003 Assumed office of Director of Q Entertainment Inc. Mar 2012 Assumed office of Representative Director of Resonea Inc. (current) Oct 2014 Established Enhance Games, Inc. (currently Enhance Experience Inc.), a U.S. corporation; assumed office of Representative Director and CEO (current) Jun 2020 Assumed office of Outside Director of the Company (current) Aug 2025 Assumed office of Director of Synesthesia Lab Inc. (current)
1965-05-22
Fumi UMETSU
Director
Apr 1997 Joined the National Police Agency Sep 2002 Joined McKinsey & Company Apr 2008 Assumed office of Representative Director of GEM Partners Inc. (current) Jun 2026 Assumed office of Outside Director of the Company (current)
1974-10-04
Yuta KATO
Full-time Corporate Auditor
Mar 2008 Joined Tohmatsu Audit Corporation (currently Deloitte Tohmatsu Audit LLC) Oct 2019 Joined INTLOOP Inc. as Head of Accounting Department Jan 2020 Assumed position of Partner, Verita Audit Corporation (current) Jan 2021 Joined Yorisoi Inc. as Head of Management Administration Department Apr 2022 Joined MC Digital Inc. (currently MC D3 Inc.) as Head of Corporate Division Jun 2024 Assumed office of Full-time Outside Corporate Auditor of the Company (current)
1986-01-25
Eiji KATAYAMA
Corporate Auditor
Apr 1973 Joined Fujisawa Pharmaceutical Co., Ltd. (currently Astellas Pharma Inc.) Aug 1984 Joined Ginza Law Office (currently Abe, Ikubo & Katayama Law Office) Jan 1991 Assumed office of Partner of the same law office (current) Jun 2002 Assumed office of Outside Corporate Auditor of Towa Chemical Industry Co., Ltd. (currently Mitsubishi Corporation Life Sciences Holdings Inc.) Jun 2003 Assumed office of Outside Corporate Auditor of Mitsubishi Trust and Banking Corporation Jun 2004 Assumed office of Outside Director of Seikagaku Corporation Mar 2011 Assumed office of Outside Corporate Auditor of Japan Airlines Co., Ltd. Dec 2014 Assumed office of Outside Corporate Auditor of the Company (current) Jun 2016 Assumed office of Outside Director (Audit and Supervisory Committee Member) of Mitsubishi UFJ Trust and Banking Corporation Dec 2018 Assumed office of Outside Corporate Auditor of Realgate Inc. (current) Oct 2022 Assumed office of Outside Director of Japan Marine Drilling Co., Ltd.
1950-11-08
Kentaro OKAMOTO
Corporate Auditor
Apr 1998 Joined Reuters Japan Ltd. (currently Refinitiv Japan K.K.) Dec 2008 Registered as an attorney-at-law Jan 2009 Joined Yanagida Nomura Law Office (currently Yanagida & Partners Law Office) Sep 2014 Joined Matsuda Sogo Law Office Sep 2015 Joined Kotodori Law Office; registered as an attorney in New York State, USA Jul 2018 Assumed office of Partner, Kotodori Law Office (current) Jun 2021 Assumed office of Outside Corporate Auditor of the Company (current) Oct 2022 Assumed office of Auditor, Japan Content Blockchain Initiative General Incorporated Association (current)
1975-05-01
Yutaka MATSUMOTO
Corporate Auditor
Dec 2008 Joined Tohmatsu Audit Corporation (currently Deloitte Tohmatsu Audit LLC) Jun 2019 Assumed office of Representative, Matsumoto CPA Office (current) Jun 2019 Joined the Company; in charge of Business Planning Department Jun 2020 Assumed office of Full-time Corporate Auditor of the Company Jun 2026 Assumed office of Corporate Auditor of the Company (current)
1986-03-31
Large Shareholding Reports
Tetsuro KODA
2026-06-26
13.38%→13.38%
Annual report (as of 2026-03-31): 10.20%
Sony Group Corporation
2026-05-19
9.87%→0.96%
Annual report (as of 2026-03-31): 9.69%
Koei Tecmo Holdings Co., Ltd.
2026-05-19
7.97%→0.00%
Annual report (as of 2026-03-31): 7.82%
Brandes Investment Partners, L.P.
2026-02-17
5.22%
Disclosures
Executive Change
2026-09-11
Primary Source Filings
TDnet
2026-09-11
Executive Change
TDnet
2026-08-12
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-26
Large Shareholding Report
EDINET
2026-05-19
Large Shareholding Report
EDINET
2026-05-19
Large Shareholding Report
EDINET
2026-02-17
Large Shareholding Report
TDnet
2026-02-09
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-01
Quarterly Securities Report
EDINET
2021-11-01
Quarterly Securities Report
EDINET
2021-08-02
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-01
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →