Overview
Information & Communication

Future Innovation Group,Inc.

FIG Co., Ltd. is a holding company overseeing 11 operating subsidiaries across two core segments: IoT and Machine. The IoT segment, led by Mobile Create Co., Ltd., provides MVNO-based fleet and vehicle management systems, taxi dispatch systems, and voice communication solutions primarily to trucking, taxi, and bus operators in Japan, with recurring subscription-based revenues alongside hardware sales. The Machine segment, operated by REALIZE Co., Ltd., manufactures and sells precision dies, semiconductor back-end process equipment, automotive component manufacturing equipment, and automated transport robots.

Market Cap
¥25.5B
US$163M
EV
¥23.1B
US$147M
Stock¥725▼-1.09%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
15.2
x
LTM EV/EBIT
22.5
x
LTM PER
31.2
x
LTM PBR
2.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+111.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
25.5BUS$163MMarket Cap2.17BUS$13.8M+ Debt3.52BUS$22.4M− Cash1.04BUS$6.66M− Inv. Sec.0.01BUS$0.05M+ NCI23.1BUS$147MEV
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Performance & Balance
Revenue 5Y (¥B)
12.3US$78.2M'21/1212.9US$82.4M'22/1213.5US$86.3M'23/1212.0US$76.6M'24/1213.3US$84.9M'25/12
EBITDA 5Y (¥B)
0.95US$6.05M'21/121.32US$8.42M'22/121.14US$7.27M'23/120.83US$5.29M'24/121.32US$8.43M'25/12
Net Income 5Y (¥B)
0.44US$2.81M'21/120.69US$4.37M'22/120.21US$1.34M'23/12-1.41-US$9.01M'24/120.78US$4.99M'25/12
Capital Structure
84%
EquityD/E 0.19xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
3.36US$21.4M7.38US$47.1M'21/123.54US$22.6M8.54US$54.4M'22/123.54US$22.6M10.3US$65.6M'23/123.44US$22.0M4.76US$30.4M'24/122.70US$17.2M3.80US$24.2M'25/12
Shareholders
Top 10 hold 35.6%
1
Future Corporation
23.45%
2
Rakuten Securities, Inc. (Joint Account)
2.45%
3
SBI SECURITIES Co., Ltd.
2.00%
4
FIG Employee Stock Ownership Association
1.76%
5
JPMorgan Securities Japan Co., Ltd.
1.58%
6
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
1.51%
7
DAIICHI KOUTSU SANGYO Co.,Ltd.
1.13%
8
Yuji MURAI
0.63%
9
Zaisan Keisan Center LLC
0.58%
10
ZENRIN DATACOM CO., LTD.
0.47%
Management
8 officers
Yuji MURAI
Representative Director, President
Dec 2002 Mobile Create Co., Ltd., Representative Director, President (current) Jun 2015 Ishii Kogyo Kenkyusho Co., Ltd. (now REALIZE Co., Ltd.), Director (current) Jul 2018 Company, Representative Director, President (current) Dec 2019 KTS Co., Ltd., Director (current) Mar 2022 Takumi Co., Ltd., Director (current) Jun 2024 Oita Prefecture Drone Council, Chairman (current)
1964-07-15
Kazuhisa KIBE
Director, Managing Executive Officer; General Manager, Corporate Planning Headquarters
Feb 2007 Joined Satou Benec Co., Ltd.; General Manager, Accounting Department Jul 2009 Satou Benec Co., Ltd., General Manager, Administration Department Nov 2012 Joined Mobile Create Co., Ltd.; Chief, Accounting Section Jul 2013 Mobile Create Co., Ltd., Chief, Business Planning Section and Accounting Section Nov 2013 Okinawa IC Card Co., Ltd., Audit & Supervisory Board Member (current) Jun 2015 Mobile Create Co., Ltd., General Manager, Administration Department Jun 2015 Ishii Kogyo Kenkyusho Co., Ltd. (now REALIZE Co., Ltd.), Director Aug 2015 Mobile Create Co., Ltd., Director (current) Jul 2018 Company, Director Mar 2020 Company, Director, Executive Officer Mar 2021 Company, Director, Managing Executive Officer Apr 2022 Company, Director, Managing Executive Officer; General Manager, Corporate Planning Headquarters (current) Aug 2022 Takumi Co., Ltd., Director (current) Mar 2024 REALIZE Co., Ltd., Director (current)
1971-10-21
Takanori ACHINAMI
Director, Managing Executive Officer; General Manager, Group Headquarters
Apr 1985 Joined The Bank of Oita, Ltd. Mar 2007 The Bank of Oita, Ltd., General Manager, Oaza Branch Jul 2011 Oita Venture Capital Co., Ltd., Representative Director Jun 2014 The Bank of Oita, Ltd., General Manager, Corporate Business Support Department Jun 2015 The Bank of Oita, Ltd., Executive Officer, General Manager, Corporate Business Support Department Jun 2016 The Bank of Oita, Ltd., Executive Officer, General Manager, Beppu Branch Jul 2017 Joined Mobile Create Co., Ltd.; Counselor Jul 2017 Ishii Kogyo Kenkyusho Co., Ltd. (now REALIZE Co., Ltd.), General Manager, Corporate Planning Office Mar 2018 REALIZE Co., Ltd., Director (current) Jul 2018 Mobile Create Co., Ltd., Director (current) Mar 2019 Company, Director Dec 2019 KTS Co., Ltd., Director (current) Mar 2020 Company, Director, Executive Officer Mar 2021 Company, Director, Managing Executive Officer Apr 2022 Company, Director, Managing Executive Officer; General Manager, Group Headquarters (current) Aug 2022 Takumi Co., Ltd., Representative Director, President (current)
1962-02-09
Yumiko OKUYAMA
Director
Apr 1989 Joined Bilingual Co., Ltd., Sales Division Jun 1993 Co-founded IMA CONSULTING, LLC.; Representative Director Jun 2006 Co-founded Imagina Inc.; Representative Director, COO May 2017 Established Culturalia Inc.; Representative Director (current) Sep 2024 GSI Creos Corporation, Executive Officer (Strategic HR) (current) Mar 2025 Company, Director (current)
1964-12-09
Tetsunori GOTO
Director (Full-time Audit and Supervisory Committee Member)
Apr 1976 Joined The Bank of Oita, Ltd. Jun 2006 The Bank of Oita, Ltd., Director Jun 2008 The Bank of Oita, Ltd., Managing Director Jun 2011 OC Co., Ltd., Representative Director, Vice President Jun 2012 OC Co., Ltd., Representative Director, President Jun 2022 OC Co., Ltd., Representative Director, Chairman Sep 2024 Company, Non-Executive Advisor Mar 2026 Company, Director, Audit and Supervisory Committee Member (current)
1953-09-28
Sachiko OORO
Director, Audit and Supervisory Committee Member
Apr 2001 Joined Ministry of Agriculture, Forestry and Fisheries Mar 2003 Resigned from Ministry of Agriculture, Forestry and Fisheries Dec 2010 Registered as attorney-at-law with Oita Bar Association Dec 2010 Joined Agora Law Partnership Nov 2014 Director, Oita Child Support Net (NPO) Jun 2021 The Bank of Oita, Ltd., Outside Director, Audit and Supervisory Committee Member Mar 2022 Company, Director, Audit and Supervisory Committee Member (current) May 2025 Joined S&W International Law Office (current)
1978-01-20
Yoshiaki KINOSHITA
Director, Audit and Supervisory Committee Member
Apr 1978 Joined Kumamoto Regional Taxation Bureau Jul 2008 Machida Tax Office, Deputy Director Jul 2017 Beppu Tax Office, Director Jul 2019 Kumamoto Regional Taxation Bureau, Director, Investigation and Inspection Department Sep 2020 Registered as certified tax accountant; Kinoshita Tax Accountant Office, Representative Mar 2023 Ryoko Sangyo Co., Ltd., Audit & Supervisory Board Member (current) Mar 2025 Company, Director, Audit and Supervisory Committee Member (current) Jan 2026 Hanyu Accounting Firm (Tax Corporation), Oita Office, Head (current)
1959-05-05
Yumiko OKUYAMA
Apr 1989 Joined Bilingual Co., Ltd., Sales Division Jun 1993 Co-founded IMA CONSULTING, LLC.; Representative Director Jun 2006 Co-founded Imagina Inc.; Representative Director, COO May 2017 Established Culturalia Inc.; Representative Director (current) Sep 2024 GSI Creos Corporation, Executive Officer (Strategic HR) (current) Mar 2025 Company, Director (current)
1964-12-09
Large Shareholding Reports
Future Corporation
2026-06-24
26.19%→23.24%
Annual report (as of 2026-06-30): 23.45%
Macquarie Bank Limited
2026-05-29
6.81%→2.85%
Macquarie Bank Limited
2026-05-18
13.33%→13.73%
Macquarie Bank Limited
2026-05-18
13.73%→6.81%
Macquarie Bank Limited
2026-05-18
13.33%→12.30%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Macquarie Bank Limited
2025-09-12
13.33%→12.30%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-07
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-06-24
Large Shareholding Report
EDINET
2026-05-29
Large Shareholding Report
EDINET
2026-05-18
Large Shareholding Report
EDINET
2026-05-18
Large Shareholding Report
EDINETAmended
2026-05-18
Change Report
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-27
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-12
Large Shareholding Report
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
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
2024-07-23
Securities Registration Statement
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-27
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-10
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINETAmended
2022-08-05
Amended Securities Registration Statement
EDINET
2022-06-27
Securities Registration Statement
EDINET
2022-05-12
Quarterly Securities Report
EDINET
2022-03-30
Annual Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
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