Overview
Information & Communication

Amazia,inc.

Amazia operates Japan's largest-scale freemium manga app 'Manga BANG!', offering free access to a wide catalog of popular manga titles monetized through advertising and micro-transactions, alongside a web-based e-book service 'Manga BANG Books' and an original manga label 'Manga BANG Comics'. The company also develops overseas manga distribution via 'MANGA BANG!' and WEBTOON production through subsidiaries. Beyond its core entertainment segment, Amazia has expanded into IT solutions including SES (system engineering services), SEO media, and a cross-border e-commerce platform 'Fandom Tokyo' selling Japanese pop culture merchandise globally.

Market Cap
¥2.10B
US$13.4M
EV
¥2.04B
US$13.0M
Stock¥319▲+10.76%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
2.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-3.2%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 19, 25Activist investor acquisition proposal announced
MC → EV Bridge
2.10BUS$13.4MMarket Cap0.35BUS$2.23M+ Debt0.31BUS$1.96M− Cash0.10BUS$0.66M− Inv. Sec.2.04BUS$13.0MEV
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Performance & Balance
Revenue 5Y (¥B)
7.51US$47.9M'21/96.55US$41.8M'22/94.65US$29.7M'23/93.59US$22.9M'24/92.84US$18.1M'25/9
EBITDA 5Y (¥B)
0.29US$1.86M'21/90.12US$0.76M'22/90.01US$0.09M'23/9-0.39-US$2.47M'24/9-0.36-US$2.30M'25/9
Net Income 5Y (¥B)
0.19US$1.18M'21/90.04US$0.26M'22/9-0.06-US$0.38M'23/9-0.59-US$3.76M'24/9-0.37-US$2.37M'25/9
Capital Structure
69%
31%
EquityD/E 0.45xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.90US$12.1M'21/91.73US$11.0M'22/91.45US$9.24M'23/91.03US$6.58M'24/90.56US$3.60M'25/9
Shareholders
Top 10 hold 71.5%
1
Ryosuke SAKUMA
36.49%
2
Motoaki EGUCHI
24.33%
3
MEDIA DO Co.,Ltd.
2.13%
4
Hironao EGUCHI
1.70%
5
Hiroyuki YOSHIOKA
1.52%
6
Mynavi Corporation
1.22%
7
GMO CLICK Securities, Inc.
1.09%
8
JPMorgan Securities Japan Co., Ltd.
1.04%
9
Nomura Securities Co., Ltd.
1.00%
10
Rakuten Securities, Inc. (Joint Account)
0.95%
Management
8 officers
Ryosuke SAKUMA
Representative Director, President
Apr 2001: Joined Jafco Co., Ltd. Feb 2007: Joined CA Mobile Co., Ltd. (now CAM Co., Ltd.); Head of Strategic Investment Office Jun 2007: Joined Idea Communication Co., Ltd.; assumed office as Representative Director Oct 2009: Established the Company; assumed office as Representative Director, President (current) Mar 2024: Assumed office as Representative Director, President of Amazia Link Co., Ltd. (current) May 2024: Assumed office as Director of WithLinks Co., Ltd. (current)
1978-11-27
Motoaki EGUCHI
Director, CTO; Manager, Service Development Department
Apr 2002: Joined Future System Consulting Co., Ltd. (now Future Architect Inc.) Aug 2007: Joined Idea Communication Co., Ltd.; assumed office as Director Oct 2009: Established the Company; assumed office as Director, CTO (current)
1978-04-27
Mitsuyoshi KOZU
Director, CFO
Mar 2008: Joined Tohmatsu Audit Corporation (now Deloitte Touche Tohmatsu LLC) Feb 2013: Seconded to Nomura Securities Co., Ltd. (returned in 2014) Sep 2017: Assumed office as Director, CFO of the Company (current) May 2024: Assumed office as Director of WithLinks Co., Ltd. (current) May 2025: Assumed office as Outside Audit & Supervisory Board Member of STANDAGE Co., Ltd. (current)
1984-05-01
Shinnosuke MURANO
Director (Note 1)
Apr 2003: Joined NIF Ventures Co., Ltd. (now Daiwa Investment Corporation) Jun 2004: Assumed office as Director of GABA Co., Ltd. Feb 2008: Joined Bandai Investments Co., Ltd. Jan 2009: Joined CA Mobile Co., Ltd. (now CAM Co., Ltd.) Dec 2012: Assumed office as Director of CA Mobile Co., Ltd. (now CAM Co., Ltd.) Sep 2016: Assumed office as Director of the Company (current) Apr 2018: Assumed office as Director of Tokyo Tsushin Co., Ltd. (now Tokyo Tsushin Group Co., Ltd.) Mar 2023: Assumed office as Executive Officer of Tokyo Tsushin Group Co., Ltd. Aug 2024: Assumed office as Director of Paradigm Shift Co., Ltd. (current)
1979-11-08
Reiya NAKANO
Director (Note 1)
Dec 2011: Registered as attorney-at-law (Second Tokyo Bar Association) Jan 2012: Joined Mori Hamada & Matsumoto (now Mori Hamada & Matsumoto Foreign Law Joint Enterprise) Jun 2019: Registered as attorney in the State of New York, USA Dec 2019: Assumed office as Director of the Company (current) Jan 2022: Assumed office as Partner Attorney, Mori Hamada & Matsumoto Foreign Law Joint Enterprise (current) Mar 2024: Assumed office as Outside Audit & Supervisory Board Member of rakumo Inc. (current)
1984-08-17
Taemi KOIZUMI
Full-time Audit & Supervisory Board Member (Note 2)
Apr 1992: Joined The Tokyo Bank, Ltd. (now MUFG Bank, Ltd.) Oct 2001: Joined Tohmatsu Audit Corporation (now Deloitte Touche Tohmatsu LLC) Oct 2005: Joined Azusa Audit LLC (now Azsa LLC) Nov 2006: Joined Tohmatsu Audit Corporation (now Deloitte Touche Tohmatsu LLC) Dec 2016: Assumed office as Audit & Supervisory Board Member of the Company (current) Nov 2022: Assumed office as Outside Director of Nihon Knowledge Co., Ltd. (current) Dec 2023: Assumed office as Outside Audit & Supervisory Board Member of Cellid Co., Ltd. (current)
1968-11-29
Tomoatsu ASO
Audit & Supervisory Board Member (Note 2)
Apr 1991: Joined Meiji Life Insurance Company (now Meiji Yasuda Life Insurance Company) Oct 2000: Joined Ota Showa Century Audit Corporation (now EY ShinNihon LLP) May 2016: Joined Graphico Co., Ltd. as General Manager of Administration Department Sep 2016: Assumed office as Audit & Supervisory Board Member of the Company (current) Jun 2017: Assumed office as Director (Audit and Supervisory Committee Member) of Jonan Shingaku Kenkyusha Co., Ltd. (current) Jan 2018: Assumed office as Audit & Supervisory Board Member of tripla Co., Ltd. (current) Jun 2019: Assumed office as Audit & Supervisory Board Member of Ubiquitous AI Co., Ltd. (current) Mar 2021: Assumed office as Executive Partner of ES Next LLC (current)
1969-01-22
Hiroki NARIKAWA
Audit & Supervisory Board Member (Note 2)
Dec 2012: Joined Ohno Sogo Law Office Aug 2014: Established Narikawa Law Office; assumed office as Representative Attorney Aug 2015: Established Nexel Law Office; assumed office as Representative Attorney (current) Sep 2017: Assumed office as Audit & Supervisory Board Member of the Company (current)
1986-02-15
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-13
Q3 Earnings Flash
FY ending Sep 2026
EDINET
2026-05-15
Semi-Annual Securities Report
Period: Oct 2025 – Mar 2026
TDnet
2026-02-12
Q1 Earnings Flash
FY ending Sep 2026
EDINET
2025-12-24
Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-08-13
Q3 Earnings Flash
FY ending Sep 2025
EDINET
2025-05-15
Semi-Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-02-13
Q1 Earnings Flash
FY ending Sep 2025
EDINET
2024-12-25
Annual Securities Report
Period: Oct 2023 – Sep 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-12-27
Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-26
Annual Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-12-24
Annual Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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