Overview
Information & Communication

BROAD ENTERPRISE CO.,LTD.

Broad Enterprise provides IoT-enabled infrastructure services to residential and commercial real estate owners and property management companies in Japan, offering products such as B-CUBIC (bulk internet connectivity for multi-unit properties), BRO-LOCK (facial recognition IoT interphone systems), BRO-ROOM (vacancy reduction through renovation financing), and BRO-WALL (building repair and renovation services). The company's key competitive strength lies in its proprietary zero-upfront-cost financing scheme 'BRO-ZERO,' which utilizes a receivables securitization mechanism to eliminate initial investment burdens for property owners. By combining smart building technology with flexible financing, Broad Enterprise targets rental apartments, condominiums, detached homes, commercial buildings, and lodging facilities, contributing to regional revitalization through vacancy reduction and property value enhancement.

Market Cap
¥8.87B
US$56.5M
EV
¥16.6B
US$106M
Stock¥1,443▲+0.49%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.6
x
LTM EV/EBIT
10.0
x
LTM PER
12.5
x
LTM PBR
4.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-1.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
8.87BUS$56.5MMarket Cap10.2BUS$65.3M+ Debt2.47BUS$15.7M− Cash0.00BUS$0.00M− Inv. Sec.16.6BUS$106MEV
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Performance & Balance
Revenue 5Y (¥B)
2.50US$15.9M'21/122.99US$19.1M'22/123.96US$25.2M'23/124.70US$30.0M'24/127.41US$47.3M'25/12
EBITDA 5Y (¥B)
0.61US$3.92M'21/120.36US$2.28M'22/120.59US$3.75M'23/120.81US$5.17M'24/121.04US$6.65M'25/12
Net Income 5Y (¥B)
0.35US$2.21M'21/120.08US$0.49M'22/120.33US$2.09M'23/120.35US$2.21M'24/120.42US$2.65M'25/12
Capital Structure
82%
EquityD/E 4.70xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.68US$10.7M1.66US$10.6M'21/120.99US$6.32M1.72US$11.0M'22/121.11US$7.10M2.44US$15.5M'23/121.04US$6.64M3.50US$22.4M'24/120.97US$6.19M6.11US$38.9M'25/12
Shareholders
Top 10 hold 76.9%
1
Ryosuke NAKANISHI (Note 2)
71.31%
2
Hiroyuki YOSHIOKA
1.32%
3
SBI SECURITIES Co., Ltd.
0.77%
4
Global Co., Ltd.
0.73%
5
Masashi SHINDO
0.53%
6
Mitsuyo NAKANISHI
0.52%
7
Yuji SAITO
0.46%
8
Daisuke UEDA
0.41%
9
Kazuo YAMAMOTO
0.41%
10
Tomohiro YOSHIDA
0.41%
Management
13 officers
Ryosuke NAKANISHI
Representative Director, President
Dec 1998 Joined G.I.N Co., Ltd. Aug 2000 Joined San Communications Co., Ltd. Dec 2000 Established the Company; assumed office as Representative Director, President (current) Jan 2024 Assumed office as Outside Director of Advisor Navi Co., Ltd. (current)
1974-09-21
Mitsuyo NAKANISHI
Director, Vice President
Apr 1994 Joined Sanpo Kogyo Co., Ltd. Jan 2007 Joined Big Up Co., Ltd. Jun 2011 Assumed office as Representative Director, President of VOGUE Co., Ltd. Jul 2012 Joined the Company following merger of VOGUE Co., Ltd. Mar 2017 Assumed office as Director of the Company Jan 2019 Assumed office as Director, Vice President of the Company (current)
1971-12-24
Daisuke UEDA
Senior Managing Director
Apr 2000 Joined Sanyo Chigaku Co., Ltd. Dec 2000 Joined the Company Jul 2004 Assumed office as Director of the Company; General Manager, Consulting Business Division Mar 2022 Assumed office as Managing Director of the Company Mar 2024 Assumed office as Senior Managing Director of the Company (current)
1979-12-22
Shunji KANEKO
Managing Director
Apr 1995 Joined EB International Japan Co., Ltd. Apr 2001 Joined GMO Communications Co., Ltd. Oct 2003 Joined Confidence Interworks Co., Ltd. Nov 2005 Joined Startia Co., Ltd. Oct 2006 Joined the Company Jan 2012 General Manager, East Japan Branch, the Company Mar 2022 Assumed office as Director of the Company Mar 2024 Assumed office as Managing Director of the Company (current)
1972-04-27
Tetsuo YAMAGUCHI
Managing Director
Apr 2001 Joined Taisei-sha Co., Ltd. Jun 2003 Joined Nishi-Nihon Tutor Center Oct 2003 Joined Goldwin Corporation Co., Ltd. Dec 2006 Joined the Company Jan 2012 General Manager, Kyushu Branch, the Company Feb 2022 General Manager, Business Promotion Office, the Company Mar 2022 Assumed office as Director of the Company Mar 2024 Assumed office as Managing Director of the Company (current)
1978-07-13
Kazuo HATAE
Managing Director, General Manager of Corporate Planning Office
Jun 2001 Joined Achievement Co., Ltd. Dec 2003 Joined the Company Jan 2020 General Manager, Corporate Planning Office, the Company Apr 2022 Executive Officer, General Manager, Corporate Planning Office, the Company Mar 2024 Assumed office as Managing Director, General Manager, Corporate Planning Office, the Company (current)
1978-05-17
Kazuo YAMAMOTO
Director, General Manager of Alliance Promotion Office
Apr 2000 Joined Sanyo Chigaku Co., Ltd. Dec 2000 Joined the Company Apr 2019 General Manager, East Japan Branch, Consulting Business Division, the Company Apr 2022 Executive Officer, General Manager, Alliance Promotion Office, the Company Mar 2024 Assumed office as Director, General Manager, Alliance Promotion Office, the Company (current)
1978-05-29
Munenori WATANABE
Director, General Manager of Accounting Department
Dec 2007 Joined Azusa Audit LLC Oct 2015 Joined Elecom Co., Ltd. Jul 2017 Joined Raks Co., Ltd. Dec 2020 Joined the Company Sep 2021 General Manager, Accounting Department, the Company Dec 2022 Executive Officer, General Manager, Accounting Department, the Company Mar 2024 Assumed office as Director, General Manager, Accounting Department, the Company (current)
1978-10-10
Hokuto INOUE
Director
Apr 2004 Joined Goldman Sachs Securities Co., Ltd. (now Goldman Sachs Securities Co., Ltd.) Sep 2013 Assumed office as Representative Director of coromo Co., Ltd. (current) Nov 2013 Assumed office as Director of Kaigai Jigyo Kiban Co., Ltd. Mar 2015 Assumed office as Representative Director of Intellectual Backyard Co., Ltd. Jul 2015 Assumed office as Representative Director of SHV Co., Ltd. (current) Oct 2015 Assumed office as Representative Director of AngelBridge Co., Ltd. Feb 2016 Assumed office as Outside Director of Bios Co., Ltd. Nov 2016 Assumed office as Director of IoTBridge Co., Ltd. (now AngelBridge Deal-by-Deal Fund No. 6 Co., Ltd.) (current) Jun 2017 Assumed office as Outside Director of Synapse Innovation Co., Ltd. (current) Dec 2017 Assumed office as Outside Director of Haneda Market Co., Ltd. Apr 2018 Resigned as Representative Director of AngelBridge Co., Ltd.; assumed office as Director Jun 2018 Assumed office as Outside Director of Crossring Co., Ltd. Aug 2018 Assumed office as Outside Director of &IDOL Co., Ltd. Sep 2018 Assumed office as Outside Director of Animo Co., Ltd. (current) Oct 2018 Assumed office as Outside Director of WTOKYO Co., Ltd. (current) Oct 2018 Assumed office as Outside Director of glafit Co., Ltd. (current) Oct 2018 Assumed office as Outside Director of WHITECROSS Co., Ltd. (current) Mar 2019 Assumed office as Outside Director of the Company (current) Jun 2019 Assumed office as Outside Director of Lestas Co., Ltd. (current) Jul 2019 Assumed office as Representative Director of iMAGINE-X Co., Ltd. (current) Sep 2022 Assumed office as Outside Director of i-Grid Solutions Co., Ltd. (current)
1980-01-27
Toshio KIMURA
Director
Apr 1968 Joined Itochu Corporation Jun 1999 Executive Officer, Managing Executive Officer, General Manager of Steel Division, Itochu Corporation Oct 2001 Managing Director, Itochu Maruichi Steel Corporation Apr 2003 Chairman and Representative Director, Itochu Maruichi Techno-Steel Corporation Nov 2006 Managing Executive Officer, Director, Asahi Holdings, Inc. (now ARE Holdings Inc.) Aug 2009 Director, Innovation Trust Co., Ltd. Nov 2013 Representative Director, Kaigai Jigyo Kiban Co., Ltd. Aug 2014 Representative Director, President, Otsu Gas Service Center Co., Ltd. Jan 2017 Director, Haneda Market Co., Ltd. Jan 2021 Non-Staff Advisor, Fuso Holdings Co., Ltd. (now Fuso Group Holdings Co., Ltd.) (current) Jun 2021 Assumed office as Outside Director of the Company (current) Jun 2024 Director, KYC Consulting Co., Ltd. Jul 2025 Non-Staff Advisor, KYC Consulting Co., Ltd. (current)
1946-03-10
Yuji URABE
Full-time Audit & Supervisory Board Member
Apr 1975 Joined Ikeda Bank Co., Ltd. (now Ikeda Senshu Bank Co., Ltd.) Oct 1986 General Manager, Sales Department, J-Eye Co., Ltd. (now Ikeda Senshu JCB Co., Ltd.) Oct 1998 General Manager, Sales Department and General Affairs Department, VI Co., Ltd. (now Ikeda Senshu VISA Co., Ltd.) Jun 1999 Assumed office as Director of the same company Jun 2003 Left Ikeda Bank Co., Ltd. Feb 2004 Joined Good Day Co., Ltd.; General Manager, General Affairs Department Mar 2005 Assumed office as Senior Managing Director of the same company Sep 2006 Assumed office as Representative Director of Joyful Link Co., Ltd. Jun 2010 Advisor, Good Day Co., Ltd. Aug 2011 Joined OSDL Co., Ltd. (now the Company) Aug 2014 Left the Company Aug 2018 Assumed office as Full-time Audit & Supervisory Board Member of the Company (current)
1953-01-02
Sadafumi NAGAI
Audit & Supervisory Board Member
Oct 1994 Joined Ota Showa Audit Corporation (now Ernst & Young ShinNihon LLC) May 1998 Registered as Certified Public Accountant Oct 2005 Transferred to Self-Regulation Division, Osaka Securities Exchange Co., Ltd. Oct 2007 Returned to ShinNihon LLC (now Ernst & Young ShinNihon LLC) Feb 2010 Established Nagai Certified Public Accountant Office (current) Mar 2010 Registered as Certified Tax Accountant Jun 2011 Assumed office as Representative Partner, Aruto Tsukiji LLC (current) Mar 2019 Assumed office as Outside Audit & Supervisory Board Member of the Company (current) Jun 2019 Assumed office as Outside Director of Megachips Corporation (current)
1972-01-23
Masahiro MURASHIMA
Audit & Supervisory Board Member
Apr 1992 Joined Toyota Tsusho Corporation Oct 2005 Joined Kitahama Law Office, Foreign Law Joint Enterprise Sep 2007 Assumed office as Outside Director of Synergy Marketing Inc. Oct 2012 Established Murashima International Law Office; assumed office as Representative (current) Mar 2016 Assumed office as Outside Director of Danto Holdings Corporation (current) Jun 2016 Assumed office as Outside Audit & Supervisory Board Member of Magellan Systems Japan Inc. Apr 2019 Assumed office as Outside Director of S. Lab Co., Ltd. May 2020 Assumed office as Director of Digital Human Co., Ltd. (current) Jul 2020 Assumed office as Outside Audit & Supervisory Board Member of the Company (current) Jan 2021 Assumed office as Outside Audit & Supervisory Board Member of Itami Art Co., Ltd. (current) Nov 2024 Assumed office as Representative Director of Bang & Olufsen Japan Co., Ltd. (current)
1969-07-10
Large Shareholding Reports
DI Co., Ltd.
2026-09-02
53.47%→53.47%
DI Co., Ltd.
2026-07-29
54.62%→53.47%
DI Co., Ltd.
2025-10-24
54.62%→54.62%
DI Co., Ltd.
2025-10-20
54.62%→54.62%
DI Co., Ltd.
2025-10-08
55.07%→54.62%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-02
Large Shareholding Report
EDINET
2026-08-12
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-12
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-07-29
Large Shareholding Report
TDnet
2026-05-13
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-23
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-10
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-10-24
Large Shareholding Report
EDINETAmended
2025-10-20
Change Report
EDINET
2025-10-08
Large Shareholding Report
EDINET
2025-08-07
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-13
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-26
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-08
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-13
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-27
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-08
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-07
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-11
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-24
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINETAmended
2022-04-07
Amended Annual Securities Report
EDINET
2022-03-31
Annual Securities Report
EDINETAmended
2021-12-07
Amended Securities Registration Statement
EDINETAmended
2021-11-26
Amended Securities Registration Statement
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