Overview
-

Northsand,Inc.

Northsand is a comprehensive consulting firm providing IT consulting and business consulting services across industries in Japan, with offices in Tokyo, Osaka, and Fukuoka. Its IT consulting covers a broad range from IT strategy formulation and architecture design to system implementation and operations, while its business consulting addresses non-IT domains such as marketing, sales, and HR improvement. The company is also the world's first authorized reseller of Notion, offering license provision, implementation design, and adoption support as a distinct service line.

Market Cap
¥200B
US$1.27B
EV
¥186B
US$1.19B
Stock¥2,895▲+4.17%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
25.6
x
LTM EV/EBIT
26.3
x
LTM PER
37.9
x
LTM PBR
10.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+77.1%pt
10012
Nov 21, 25 – Oct 23, 26StockTOPIX
1Jun 12, 26Q1 FY2027/01 earnings announced
2Sep 14, 26Q2 FY2027/01 earnings announced
MC → EV Bridge
200BUS$1.27BMarket Cap0.67BUS$4.27M+ Debt14.4BUS$91.8M− Cash0.00BUS$0.00M− Inv. Sec.186BUS$1.19BEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
2.41US$15.4M'22/14.45US$28.4M'23/19.15US$58.3M'24/116.4US$105M'25/126.2US$167M'26/1
Net Income 5Y (¥B)
0.21US$1.34M'22/10.03US$0.20M'23/10.82US$5.22M'24/11.97US$12.6M'25/14.05US$25.8M'26/1
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
'22/1'23/1'24/11.10US$7.02M'25/114.6US$93.1M0.73US$4.67M'26/1
Shareholders
Top 10 hold 75.1%
1
Goonies Co., Ltd.
43.48%
2
Chihiro MAEDA
6.09%
3
Tomoaki KONO
3.48%
4
FUN Co., Ltd.
3.48%
5
Leaf Co., Ltd.
3.48%
6
Nove Co., Ltd.
3.48%
7
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.44%
8
Custody Bank of Japan, Ltd. (Trust Account)
2.85%
9
GOVERNMENT OF NORWAY (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.68%
10
THE CHASE MANHATTAN BANK, N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd.)
2.61%
Management
8 officers
Chihiro MAEDA
Representative Director, President, CEO
Apr 2002 Joined Bell System24 Co., Ltd. Jun 2006 Joined Sybase K.K. (now SAP Japan Co., Ltd.) Mar 2012 Joined Baycurrent Consulting, Inc. (now Baycurrent, Inc.) Aug 2015 Joined the Company Jul 2016 Assumed office as Representative Director, President of the Company (current) Jul 2021 Founded Goonies Co., Ltd.; assumed office as Representative Director of the same company (current)
1978-05-31
Kohei SASAKI
Director, CHRO
Apr 2009 Joined SoftBank Mobile Corp. (now SoftBank Corp.) Nov 2013 Joined Baycurrent Consulting, Inc. (now Baycurrent, Inc.) Dec 2015 Joined the Company Mar 2019 Assumed office as Director and Executive Officer in charge of Human Resources of the Company Jan 2023 Assumed office as Senior Managing Director of the Company Jul 2024 Founded FUN Co., Ltd.; assumed office as Representative Director of the same company Jan 2026 Director of the Company (current)
1983-04-16
Tomoaki KONO
Director, CSO
Apr 2009 Joined Baycurrent Consulting, Inc. (now Baycurrent, Inc.) Oct 2015 Joined the Company Feb 2019 Assumed office as Director and Executive Officer in charge of Sales of the Company Jan 2023 Assumed office as Senior Managing Director of the Company Jan 2026 Director of the Company (current)
1985-10-14
Yoshitaka KOKUE
Director, CFO
Apr 2001 Joined Chubu Electric Power Co., Inc. Oct 2012 Registered as attorney-at-law, New York State Bar Jul 2016 Seconded to JERA Co., Inc. Mar 2017 Joined Deloitte Tohmatsu Financial Advisory LLC Jun 2019 Assumed office as Managing Director and Head of Quality Control of the same company Apr 2022 Joined the Company Sep 2022 Assumed office as Executive Officer of the Company Jan 2023 Assumed office as Managing Director of the Company Jan 2024 Assumed office as Senior Managing Director of the Company Jan 2026 Director of the Company (current)
1978-04-13
Misa KUSUMOTO
Outside Director
Apr 1994 Joined P&G Far East, Inc. (now P&G Japan LLC) Apr 1998 Brand Manager of the same company Jun 2014 Assumed office as Partner Faculty of Globis Corporation (current) Feb 2022 Assumed office as Director and CMO of Self Factor Inc. (current) Feb 2024 Assumed office as Outside Director of the Company (current) Mar 2025 Assumed office as Outside Director of Kobayashi Pharmaceutical Co., Ltd. (current)
1972-02-16
Tomohiro NOMOTO
Director, Full-time Audit and Supervisory Committee Member
Apr 1990 Joined Central Service Co., Ltd. May 2004 Joined Replus Co., Ltd. Mar 2009 Joined Grimms Inc. Mar 2019 Joined Paidy Inc. Jul 2023 Joined the Company, Corporate Division, Internal Audit Feb 2024 Assumed office as General Manager of the Internal Audit Office of the Company Apr 2026 Assumed office as Director (Full-time Audit and Supervisory Committee Member) of the Company (current)
1965-07-14
Jin WATANABE
Outside Director, Audit and Supervisory Committee Member
Oct 2006 Registered as attorney-at-law (Tokyo Bar Association); joined Nagakawa & Okamura Law Office Jan 2015 Assumed office as Partner of the same office Jul 2017 Assumed office as Auditor of Denshi Gakuen School Corporation (current) Jan 2021 Assumed office as Deputy Head of Nagakawa & Okamura Law Office (current) Jan 2023 Assumed office as Outside Audit & Supervisory Board Member of the Company Apr 2026 Assumed office as Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1979-04-27
Shunta TANAKA
Outside Director, Audit and Supervisory Committee Member
Apr 2001 Joined Toray Industries, Inc. Dec 2007 Joined Shin Nihon & Co. (now EY Shin Nihon LLC) Oct 2011 Registered as Certified Public Accountant Sep 2016 Joined Regional Economy Vitalization Corporation of Japan Jan 2018 Registered as Certified Tax Accountant Jan 2018 Assumed office as Representative Director of Shunoremo Co., Ltd. (current) Oct 2018 Assumed office as Representative Partner of Flare Fat LLC Dec 2020 Assumed office as Outside Audit & Supervisory Board Member of GOOPASS Co., Ltd. (current) Jul 2021 Assumed office as Representative Director of Migacook Co., Ltd. (current) Apr 2022 Assumed office as Outside Audit & Supervisory Board Member of Something Fan Inc. (current) May 2022 Assumed office as Representative Director of Grisina & Company Inc. (current) Jan 2024 Assumed office as Outside Audit & Supervisory Board Member of the Company Mar 2025 Assumed office as Representative Partner of Dignitykos LLC (current) Jun 2025 Assumed office as Director of Nichisho Deli Co., Ltd. (current) Apr 2026 Assumed office as Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1977-08-04
Large Shareholding Reports
Goonies Co., Ltd.
2026-09-08
43.48%→43.48%
Annual report (as of 2026-07-31): 43.48%
Goonies Co., Ltd.
2026-04-22
43.48%→43.48%
Annual report (as of 2026-07-31): 43.48%
Neuberger Berman Japan Ltd.
2026-02-16
4.91%
Leaf Co., Ltd.
2025-12-26
3.48%→3.48%
Annual report (as of 2026-07-31): 3.48%
Nove Co., Ltd.
2025-12-26
3.48%→3.48%
Annual report (as of 2026-07-31): 3.48%
Fan Co., Ltd.
2025-12-26
3.48%→3.48%
Annual report (as of 2026-07-31): 3.48%
Kohei SASAKI
2025-12-01
3.72%
Hiroki KATO
2025-12-01
3.72%
Ryota KOMATSU
2025-12-01
3.72%
Goonies Co., Ltd.
2025-12-01
43.48%
Annual report (as of 2026-07-31): 43.48%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-11
Q2 Earnings Flash
FY ending Jan 2027
EDINET
2026-09-11
Semi-Annual Securities Report
Period: Feb 2026 – Jan 2027
EDINET
2026-09-08
Large Shareholding Report
TDnet
2026-06-11
Q1 Earnings Flash
FY ending Jan 2027
EDINET
2026-04-28
Annual Securities Report
Period: Feb 2025 – Jan 2026
EDINET
2026-04-22
Large Shareholding Report
EDINET
2026-02-16
Large Shareholding Report
EDINET
2025-12-26
Large Shareholding Report
EDINET
2025-12-26
Large Shareholding Report
EDINET
2025-12-26
Large Shareholding Report
TDnet
2025-12-12
Q3 Earnings Flash
FY ending Jan 2026
EDINET
2025-12-01
Large Shareholding Report
EDINET
2025-12-01
Large Shareholding Report
EDINET
2025-12-01
Large Shareholding Report
EDINET
2025-12-01
Large Shareholding Report
EDINETAmended
2025-11-13
Amended Securities Registration Statement
EDINETAmended
2025-11-05
Amended Securities Registration Statement
EDINET
2025-10-21
Securities Registration Statement
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →