Overview
Information & Communication

ATLED CORP.

Atled Corp. is a dedicated workflow system vendor that develops and provides electronic workflow products for internal approval and application processes at Japanese enterprises. Its core offerings include X-point Cloud, a cloud-based workflow system holding the No.1 domestic SaaS/ASP market share for 14 consecutive years targeting SMEs, and AgileWorks (available as both package software and cloud), designed for mid-to-large enterprises requiring multi-language support and organizational change resilience. The company serves a broad range of clients across industries—including corporations and public institutions—with a cumulative installed base exceeding 5,000 companies.

Market Cap
US$65.1M
¥10.4B
EV
US$27.4M
¥4.38B
StockUS$8.70(¥1,389)▲+0.65%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
2.8
x
LTM EV/EBIT
3.9
x
LTM PER
13.5
x
LTM PBR
1.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.6%pt
100
Nov 13, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$65.1M¥10.4BMarket CapUS$0.00M¥0.00B+ DebtUS$19.0M¥3.04B− CashUS$18.7M¥2.98B− Inv. Sec.US$27.4M¥4.38BEV
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Performance & Balance
Revenue 5Y (US$)
US$13.2M¥2.11B'22/3US$13.6M¥2.17B'23/3US$15.7M¥2.50B'24/3US$17.3M¥2.77B'25/3US$18.2M¥2.90B'26/3
EBITDA 5Y (US$)
US$6.84M¥1.09B'22/3US$7.65M¥1.22B'23/3US$8.34M¥1.33B'24/3US$8.98M¥1.43B'25/3US$9.17M¥1.46B'26/3
Net Income 5Y (US$)
US$3.78M¥0.60B'22/3US$4.20M¥0.67B'23/3US$4.46M¥0.71B'24/3US$4.56M¥0.73B'25/3US$4.48M¥0.72B'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$23.6M¥3.77B'22/3US$25.5M¥4.07B'23/3US$28.3M¥4.51B'24/3US$31.3M¥4.99B'25/3US$16.2M¥2.58B'26/3
Shareholders
Top 10 hold 69.5%
1
SOFTCREATE HOLDINGS CORP.
51.29%
2
SCSK Corporation
8.01%
3
Koshin Investment Limited Liability Partnership
5.31%
4
Hikari Tsushin Inc. No. 5 Investment Limited Partnership
1.00%
5
THE BANK OF NEW YORK MELLON 140040 (Standing Proxy: Mizuho Bank, Ltd.)
0.82%
6
THE BANK OF NEW YORK MELLON 140042 (Standing Proxy: Mizuho Bank, Ltd.)
0.82%
7
GMO Optical Investment Co., Ltd.
0.66%
8
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
0.64%
9
DANSKE Bank A/S FINNISH CLIENTS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
0.51%
10
Masami KIKUCHI
0.49%
Management
8 officers
Muneharu HAYASHI
Representative Director, Chairman
Jun 2000 Director, SoftCreate Co., Ltd. (now SoftCreate Holdings Corp.) Jun 2003 Managing Director, SoftCreate Co., Ltd. May 2005 Senior Managing Director, SoftCreate Co., Ltd. May 2006 Representative Director, Senior Managing Director, COO, General Manager of Network Business Division and General Manager of First Sales Division, SoftCreate Co., Ltd. Oct 2006 Representative Director, President and COO, SoftCreate Co., Ltd. Jan 2007 Representative Director, President, COO and General Manager of X-point Business Division, SoftCreate Co., Ltd. Apr 2007 Representative Director, President, the Company May 2008 Representative Director, President, SoftCreate Co., Ltd. (now SoftCreate Holdings Corp.) Apr 2012 Representative Director, President and Head of SI Company, SoftCreate Holdings Corp. Jun 2012 Representative Director, President and Executive Officer and Head of SI Company, SoftCreate Holdings Corp. Oct 2012 Representative Director, President and Executive Officer, SoftCreate Holdings Corp. Representative Director, President and Executive Officer, SoftCreate Co., Ltd. (current) May 2013 Representative Director, President, SoftCreate Holdings Corp. (current) Aug 2015 Director and Chairman, the Company Nov 2017 Outside Director, Y2S Co., Ltd. (current) Oct 2018 Outside Director, Exgen Networks Co., Ltd. (current) Mar 2020 Outside Director, 2BC Co., Ltd. Jan 2023 Representative Director, Chairman, the Company (current) Apr 2024 Director, Systemworks Japan Co., Ltd. (current) Apr 2025 Director, Quality I Co., Ltd. (current)
1974-08-23
Yasuhiro OKAMOTO
Representative Director, President
Apr 1990 Joined Hitachi Software Engineering Co., Ltd. (now Hitachi Solutions, Ltd.) Apr 1993 Joined Japan Media Systems Co., Ltd. Apr 1994 Joined SoftCreate Co., Ltd. (now SoftCreate Holdings Corp.) Jul 1999 Joined Fuji Soft ABC Inc. (now Fuji Soft Inc.) Dec 2002 Joined SoftCreate Co., Ltd. (now SoftCreate Holdings Corp.) Sep 2013 Joined DMM.com Co., Ltd. (now DMM.com LLC) Jan 2017 Joined SoftCreate Co., Ltd. Apr 2018 Representative Director, Executive Vice President, A2J Co., Ltd. Jun 2019 Representative Director, President, the Company (current)
1971-08-07
Jun SATO
Director
Feb 1998 Joined SoftCreate Co., Ltd. (now SoftCreate Holdings Corp.) Jan 2007 General Manager, Management Administration Department, SoftCreate Co., Ltd. Jan 2009 Executive Officer and General Manager, Management Administration Department, in charge of Information Disclosure, SoftCreate Co., Ltd. Oct 2012 Corporate Auditor, SoftCreate Co., Ltd. Apr 2014 Senior Executive Officer and General Manager, Management Administration Department, in charge of Information Disclosure, SoftCreate Holdings Corp. Jun 2015 Director, CFO and General Manager, Administration Department, the Company Apr 2017 Senior Managing Director, CFO and Head of Administration Division, the Company Apr 2019 Senior Managing Director, CFO and General Manager, Administration Department, the Company Apr 2019 Corporate Auditor, visumo Inc. Jun 2019 Corporate Auditor, SoftCreate Co., Ltd. (current) Jun 2019 Corporate Auditor, ecbeing Inc. Dec 2020 Director, Exgen Networks Co., Ltd. (current) Jun 2021 Director and Managing Executive Officer, SoftCreate Holdings Corp. (current) Jun 2021 Director, the Company (current) Jun 2022 Director, ecbeing Inc. (current) Jun 2022 Director, visumo Inc. Oct 2022 Corporate Auditor, ReviCo Inc. Apr 2024 Director, Systemworks Japan Co., Ltd. (current) Apr 2025 Director, Quality I Co., Ltd. (current)
1974-03-11
Takuro SATO
Director, General Manager of Product Development and Customer Success Department
Apr 1998 Joined Hewlett-Packard Japan, Ltd. (now Hewlett Packard Japan, LLC) Apr 2007 Joined I-Ticket Inc. Jun 2009 Joined Simplex Technology Inc. Oct 2010 Joined Simplex Consulting Inc. (now Simplex Inc.) Sep 2011 Joined Cisco Systems G.K. Jun 2016 Joined Adobe Systems Co., Ltd. (now Adobe K.K.) Oct 2016 Joined Marketo K.K. Oct 2017 Joined Microsoft Japan Co., Ltd. Sep 2020 Joined Amazon Web Services Japan K.K. (now Amazon Web Services Japan LLC) Jan 2023 Executive Officer and General Manager, Product Development and Customer Success Department, the Company Jun 2023 Director and General Manager, Product Development and Customer Success Department, the Company (current) Aug 2023 Outside Director, Kairos Marketing Inc. (current) Apr 2025 Director, Quality I Co., Ltd.
1974-06-23
Jiro USUGAMI
Director
Apr 2006 Professor, Department of Management Systems, Faculty of Economics, Oita University Apr 2011 Professor, Faculty of Business Administration, Aoyama Gakuin University (current) Professor, Strategic Management and Intellectual Property Program (SMIPRP), Graduate School, Aoyama Gakuin University (current) Apr 2014 Program Director, Strategic Management and Intellectual Property Program, Graduate School, Aoyama Gakuin University (current) Jun 2018 Outside Director, the Company (retired Jun 2019) Jun 2020 Outside Director, the Company (current) Dec 2022 Director, Aoyama Human Innovation Consulting Co., Ltd. (current) Apr 2023 Concurrent Lecturer, Faculty of International Business, Chuo University (current) Apr 2026 Professor Emeritus, Aoyama Gakuin University (current) Apr 2026 Visiting Professor, Faculty of Business Administration, Aoyama Gakuin University (current)
1957-06-20
Kenichi TOYAMA
Full-time Corporate Auditor
Apr 2001 Joined Chiba Sekisui House Co., Ltd. (now Tokyo Sekisui Heim Co., Ltd.) Mar 2006 Joined Mothers Escrow Inc. (now Escrow Agent Japan, Inc.) Jun 2016 Joined Japan Elevator Service Holdings Co., Ltd. Jul 2019 Joined the Company Apr 2021 Group Leader, General Affairs and Human Resources Group, Administration Department, the Company Jun 2025 Corporate Auditor, the Company (current)
1978-01-16
Mikito OZAWA
Corporate Auditor
Sep 2007 Joined Sato Sogo Law Offices Jun 2009 Outside Corporate Auditor, Wellnet Corporation Jul 2009 Joined Minato International Law Office (now Minato International Law Office, Attorney Corporation) (current) Sep 2009 Outside Director, Wellnet Corporation Sep 2011 Outside Director, Nano Media Inc. Jun 2015 Outside Corporate Auditor, the Company (current) Mar 2020 Outside Corporate Auditor, Netstars Co., Ltd. (current)
1977-08-20
Tomoyuki YUASA
Corporate Auditor
Oct 2003 Joined Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Jun 2010 Joined J-Will Partners Inc. Sep 2011 Established Yuasa Certified Public Accountant Office, Representative (current) Jun 2012 Outside Corporate Auditor, Lightup Inc. Jul 2013 Representative Director, Decision Consulting Inc. (current) Nov 2015 Outside Corporate Auditor, the Company (current) Mar 2017 Outside Corporate Auditor, KIYO Learning Inc. (current) Jun 2017 Outside Corporate Auditor, Japan Machinery Co., Ltd. (current) Mar 2020 Outside Corporate Auditor, Trustridge Inc.
1978-05-15
Large Shareholding Reports
Hikari Tsushin, Inc.
2026-10-26
6.02%→6.42%
Koutsushin Co., Ltd.
2026-07-02
5.02%→6.02%
Koutsushin Co., Ltd.
2025-09-26
4.60%→5.02%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-30
Semi-Annual Securities Report
Period: Apr 2026 – Mar 2027
TDnet
2026-10-28
Q2 Earnings Flash
FY ending Mar 2027
EDINET
2026-10-26
Large Shareholding Report
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-02
Large Shareholding Report
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-04-28
Full-Year Earnings Flash
FY ending Mar 2026
TDnet
2026-01-28
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-10-31
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-26
Large Shareholding Report
TDnet
2025-07-24
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-20
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-23
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-10-31
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-25
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-20
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-01-31
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-10-31
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-07-31
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-15
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-01-31
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-10-31
Quarterly Securities Report
EDINET
2022-07-29
Quarterly Securities Report
EDINET
2022-06-16
Annual Securities Report
EDINET
2022-01-31
Quarterly Securities Report
EDINET
2021-10-29
Quarterly Securities Report
EDINET
2021-07-30
Quarterly Securities Report
EDINET
2021-06-18
Annual Securities Report
EDINET
2021-01-29
Quarterly Securities Report
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