Overview
Services

CL Holdings Inc.

CL Holdings is a holding company that provides marketing services to corporate clients through its group of companies operating both domestically and internationally. The group's single business segment, the Marketing Services Business, supports companies in acquiring and retaining consumers through comprehensive marketing activities. CL Group offers a diverse range of services designed to enhance clients' marketing effectiveness across multiple markets.

Market Cap
¥13.1B
US$83.6M
EV
¥15.7B
US$100M
Stock¥1,220▼-2.01%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.9
x
LTM EV/EBIT
8.7
x
LTM PER
13.3
x
LTM PBR
1.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+5.3%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 10, 25Earnings release or guidance revision
2Aug 7, 26Q2 FY2026/12 earnings announced
MC → EV Bridge
13.1BUS$83.6MMarket Cap7.37BUS$47.0M+ Debt4.76BUS$30.3M− Cash0.11BUS$0.72M− Inv. Sec.0.08BUS$0.48M+ NCI15.7BUS$100MEV
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Performance & Balance
Revenue 5Y (¥B)
20.2US$129M'21/1232.1US$204M'22/1236.3US$232M'23/1238.3US$244M'24/1239.0US$249M'25/12
EBITDA 5Y (¥B)
2.48US$15.8M'21/121.84US$11.7M'22/122.29US$14.6M'23/121.72US$11.0M'24/122.90US$18.5M'25/12
Net Income 5Y (¥B)
1.20US$7.67M'21/120.36US$2.32M'22/120.51US$3.25M'23/120.16US$1.05M'24/120.63US$4.01M'25/12
Capital Structure
53%
47%
EquityD/E 0.90xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
6.70US$42.7M3.53US$22.5M'21/125.69US$36.3M3.55US$22.6M'22/125.17US$33.0M2.84US$18.1M'23/124.76US$30.3M7.79US$49.7M'24/124.38US$27.9M9.14US$58.3M'25/12
Shareholders
Top 10 hold 63.0%
1
J-You Co., Ltd.
40.21%
2
CL Holdings Inc. Employee Stock Ownership Association
6.58%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.53%
4
Junichiro UCHIKAWA
2.85%
5
Daisuke SEIBAN
2.58%
6
Kofu Warehouse Co., Ltd.
2.08%
7
Norio KABASAWA
1.98%
8
Juichi KOBAYASHI
1.34%
9
Masashi HASEGAWA
1.09%
10
SBI SECURITIES Co., Ltd.
0.76%
Management
10 officers
Junichiro UCHIKAWA
Representative Director
Mar 1988 Company established; Representative Director Mar 1991 Established SIP Co., Ltd. (now REET Co., Ltd.); Representative Director Feb 1994 Representative Director and President of the Company Oct 2008 Established Ruikesi (Shanghai) Trading Co., Ltd.; Chairman Jul 2009 Director, M&I Co., Ltd. Feb 2011 Established Ruikesi (Shanghai) Advertising Co., Ltd. (now Ruikesi (Shanghai) Culture & Creativity Co., Ltd.); Chairman Mar 2012 Established Ruikesi (Shenzhen) Trading Co., Ltd.; Chairman Jul 2014 Outside Director, Ore no Co., Ltd. Aug 2014 Director, Ruikesi (Shanghai) Trading Co., Ltd. Aug 2014 Director, Ruikesi (Shanghai) Advertising Co., Ltd. Aug 2014 Director, Ruikesi (Shenzhen) Trading Co., Ltd. Feb 2016 Director, J-You Co., Ltd. (current) May 2017 Auditor, Asia Management Association (general incorporated association) (current) Jun 2020 Chairman of the Board, CDG Co., Ltd. Jul 2020 Chairman, Ruikesi (Shanghai) Trading Co., Ltd. (current) Jul 2020 Chairman, Ruikesi (Shanghai) Culture & Creativity Co., Ltd. (current) Jun 2021 Representative Director and Chairman, CDG Co., Ltd. Aug 2021 Established Legs Co., Ltd.; Representative Director and President Sep 2021 Chairman, Ruikesi (Shenzhen) Trading Co., Ltd. (current) Jan 2023 Representative Director and Chairman, Legs Co., Ltd. Jan 2026 Representative Director, Executive Officer and President of the Company (current)
1961-01-30
Hiroshi SONOBE
Director
Apr 1992 Joined Legal Training and Research Institute of the Supreme Court of Japan Apr 1994 Joined Suda Kiyoshi Law Office Oct 2001 Opened Hayashi, Sonobe & Fujigasaki Law Office (now Shikou Law Office); Representative Attorney (current) Mar 2010 Audit & Supervisory Board Member, Nihon Kanri Center Co., Ltd. Mar 2013 Outside Corporate Auditor of the Company Jun 2014 Outside Corporate Auditor, Tokyo Tekko Co., Ltd. Mar 2016 Outside Director, Partec Co., Ltd. Mar 2016 Outside Director (Audit and Supervisory Committee Member), Nihon Kanri Center Co., Ltd. Jun 2016 Outside Corporate Auditor, Care Service Co., Ltd. Jun 2016 Outside Director (Audit and Supervisory Committee Member), Tokyo Tekko Co., Ltd. (current) Mar 2017 Outside Director of the Company (current) Mar 2019 Corporate Auditor, Partec Co., Ltd. Jun 2022 Outside Director, Care Service Co., Ltd. (current)
1965-02-12
Hisashi WATANABE
Director
Apr 1989 Joined Temporary Center Co., Ltd. (now PERSOL Co., Ltd.) Apr 1989 Seconded to Medical Power Co., Ltd. (now PERSOL Medical Division) Dec 1993 Seconded to Jinzai Koryu System Kiko Co., Ltd. (now PERSOL Career Support Division) Apr 1997 Representative Director and President, Persol Career Asset Co., Ltd. (now PERSOL Co., Ltd.) Mar 2010 Director and Vice President, PERSOL Co., Ltd.; President, Career Company Aug 2010 Director, PERSOL Group Co., Ltd. Aug 2018 Senior Managing Executive Officer and Vice President, PERSOL Group Co., Ltd. Mar 2022 Outside Director of the Company (current) Mar 2022 Outside Director, CARTA HOLDINGS, Inc. Dec 2022 Established Freedom One Co., Ltd.; Representative Director and President (current) May 2024 Outside Director, Creek & River Co., Ltd. (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Musashi Seimitsu Industry Co., Ltd. (current)
1964-12-11
Hajime KUSUDA
Full-time Corporate Auditor
Mar 1988 Managing Director of the Company Mar 1991 Director, SIP Co., Ltd. (now REET Co., Ltd.) Mar 2012 Director, Ruikesi (Shenzhen) Trading Co., Ltd. Mar 2014 Representative Director, SIP Co., Ltd. Sep 2014 Joined Bonmax Co., Ltd.; Executive Officer Feb 2016 Director and General Manager, Casualwear Business Division, Bonmax Co., Ltd. Apr 2020 Director and Deputy General Manager, Sales, Bonmax Co., Ltd. Feb 2021 Advisor to the Company Mar 2021 Corporate Auditor of the Company (current) Mar 2021 Corporate Auditor, SIP Co., Ltd. (now REET Co., Ltd.) (current) Aug 2021 Corporate Auditor, Legs Co., Ltd. (current) Sep 2021 Supervisor, Ruikesi (Shanghai) Trading Co., Ltd. (current) Sep 2021 Supervisor, Ruikesi (Shanghai) Culture & Creativity Co., Ltd. (current) Sep 2021 Supervisor, Ruikesi (Shenzhen) Trading Co., Ltd. (current) Jun 2022 Corporate Auditor, CDG Co., Ltd.
1962-08-29
Masakazu MORITA
Director
Apr 1984 Joined Matsushita Electric Industrial Co., Ltd. (now Panasonic Holdings Corporation) Jul 1994 Chief Accountant (CFO), Shanghai Matsushita Battery Co., Ltd. Nov 2001 Vice President (CFO), Matsushita Battery Industrial Co., U.S.A. Jan 2004 Manager, Accounting Group, Matsushita Battery Industrial Co., Ltd. Nov 2008 Manager, Accounting Group, Lighting Company, Panasonic Corporation Apr 2011 General Manager, Business Management Office, Accounting Group, Head Office, Panasonic Corporation Jun 2013 Director and General Manager, Accounting Division, Sanyo Electric Co., Ltd. Apr 2015 Director and Head, Management Control Center, Sanyo Electric Co., Ltd. Apr 2016 Executive Officer, IMAGICA Robot Holdings, Inc. (now IMAGICA GROUP Inc.) Jun 2017 Director and Executive Officer in charge of Planning and Management Departments, IMAGICA Robot Holdings, Inc. Apr 2019 Managing Executive Officer and Group CFO, IMAGICA GROUP Inc. Oct 2020 Manager, Pixelogic Holdings LLC Jul 2022 Senior Managing Executive Officer and Group CFO, IMAGICA GROUP Inc. Apr 2023 Representative Director and President (concurrently), IMAGICA GEEQ Co., Ltd. Jul 2025 Advisor, IMAGICA GROUP Inc. Jan 2026 Executive Vice President, Executive Officer of the Company Jan 2026 Director, LTR Co., Ltd. (current) Mar 2026 Director and Executive Vice President, Executive Officer of the Company (current)
1962-02-14
Mitsuru ISHIMURA
Director
Apr 1983 Joined The Bank of Tokyo, Ltd. (now MUFG Bank, Ltd.); Tokyo Leasing Co., Ltd., International Division Jan 1988 Joined BNP Paribas Capital Markets (now BNP Paribas Securities (Japan) Ltd.) Apr 2000 Managing Director in charge of Investment Banking, HSBC Securities May 2013 Executive Managing Director, Securities Learning Association (NPO) Jun 2015 Outside Director, Maruhan Corporation Apr 2016 Independent Outside Director, Sathapana Bank PLC. Jan 2019 Advisor, Kanie Japan Co., Ltd. (current) Mar 2021 Director of the Company (current) Jun 2022 ESG Advisor, GK ESG (current) May 2025 Outside Director, Creek & River Co., Ltd. (current)
1958-10-03
Yasuhiro MATSUBARA
Director
Apr 1982 Joined Dentsu Inc. (now Dentsu Group Inc.) Apr 2013 General Manager, Promotion Business Bureau, Dentsu Inc. (now Dentsu Group Inc.) Jun 2014 Representative Director and President, Executive Officer, Dentsu Tec Inc. (now Dentsu Promotion Plus Inc.) Jul 2020 Chairman, Japan Promotional Marketing Association Mar 2025 Director of the Company (current) Mar 2026 Director, Legs Co., Ltd. (current) Mar 2026 Director, CDG Co., Ltd. (current)
1958-06-04
Sachiyo YASUDA
Director
Apr 1992 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Apr 2014 Executive Officer, General Manager, New Graduate Business Division, Recruit Career Co., Ltd. (now Recruit Co., Ltd.) May 2019 Joined Xwizards Inc.; Executive Officer May 2021 General Manager, Working AI & DX Research Institute, Xwizards Inc. Mar 2022 Outside Director of the Company (current) Nov 2022 Business Development Director, Director, LegalOn Technologies, Inc. (current) Feb 2023 Advisor, Shin Nippon Biomedical Laboratories, Ltd. Dec 2023 Outside Director, Shin Nippon Biomedical Laboratories, Ltd. (current)
1969-09-17
Norimitsu OTSUBO
Full-time Corporate Auditor
Apr 1982 Joined Wako Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Jul 1999 General Manager, Product Planning Department and Head of Information Office, Equity Department, Wako Securities Co., Ltd. Apr 2000 General Manager, Equity Information Department, Shinko Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Apr 2009 Executive Officer, General Manager, Sales Planning Department, Shinko Securities Co., Ltd.; Director, Shinwa Securities Co., Ltd.; Corporate Auditor, Shinko Business Service Co., Ltd. (now Mizuho Securities Business Service Co., Ltd.) May 2009 Executive Officer, General Manager, Sales Planning Department, Mizuho Securities Co., Ltd. Apr 2011 Executive Officer, General Manager, Head Office Sales Department, Mizuho Securities Co., Ltd. Jan 2013 Executive Officer, Compliance Officer, in charge of Planning and General Affairs, Mizuho Securities Research & Consulting Co., Ltd. (now Japan Investment Environment Research Institute Ltd.) Apr 2015 Managing Executive Officer, Mizuho Securities Research & Consulting Co., Ltd. Apr 2017 Advisor, Japan Investment Environment Research Institute Ltd. Jun 2017 Full-time Outside Corporate Auditor, CDG Co., Ltd. Jun 2017 Corporate Auditor, Gifu Create Co., Ltd. Jun 2017 Corporate Auditor, Gold Bond Co., Ltd. (now G-Bridge Co., Ltd.) Mar 2025 Outside Corporate Auditor of the Company (current) Mar 2025 Corporate Auditor, CDG Co., Ltd. (current)
1957-10-05
Akiko NAGAYO
Corporate Auditor
Oct 1998 Joined Ota Showa & Co. (now EY ShinNihon LLC) Apr 2002 Registered as Certified Public Accountant Aug 2004 Joined Chuo Aoyama Tax Corporation (now PwC Tax Japan) Jul 2006 Joined IMAGICA Robot Holdings, Inc. (now IMAGICA GROUP Inc.) Jan 2009 Opened Nagayo Certified Public Accountant Office; Representative (current) Aug 2020 Registered as Tax Accountant May 2024 Outside Corporate Auditor, TKP Corporation May 2025 Outside Director (Audit and Supervisory Committee Member), TKP Corporation (current) Nov 2025 Registered as Certified Fraud Examiner Mar 2026 Outside Corporate Auditor of the Company (current)
1976-08-11
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-06
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-08
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-27
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-07
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-09
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-31
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-13
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-29
Annual Securities Report
Period: Jan 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
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-31
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Securities Registration Statement
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINETAmended
2022-03-29
Amended Annual Securities Report
EDINET
2022-03-24
Annual Securities Report
EDINET
2021-10-29
Quarterly Securities Report
EDINET
2021-07-30
Quarterly Securities Report
EDINET
2021-04-30
Quarterly Securities Report
EDINET
2021-03-26
Annual Securities Report
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