Overview
Information & Communication

WILLs Inc.

WiLLs operates shareholder management platform services and advertising services for listed companies in Japan, connecting them with both institutional and individual investors via cloud-based platforms. Its flagship services include 'Premium Yutai Club,' a blockchain-enabled point-based shareholder benefits and DX management platform serving 96 listed companies, and 'IR-navi,' an institutional investor marketing platform used by 359 listed companies. The company also provides sustainability solutions including integrated report production and ESG disclosure support, as well as virtual shareholder meeting and earnings presentation services.

Market Cap
¥14.7B
US$93.6M
EV
¥12.0B
US$76.3M
Stock¥726▼-0.55%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.5
x
LTM EV/EBIT
8.3
x
LTM PER
14.8
x
LTM PBR
4.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-19.5%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
14.7BUS$93.6MMarket Cap0.42BUS$2.67M+ Debt3.11BUS$19.8M− Cash0.03BUS$0.19M− Inv. Sec.12.0BUS$76.3MEV
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Performance & Balance
Revenue 5Y (¥B)
3.38US$21.5M'21/123.82US$24.3M'22/124.48US$28.6M'23/125.07US$32.3M'24/126.05US$38.6M'25/12
EBITDA 5Y (¥B)
0.59US$3.76M'21/120.78US$4.99M'22/121.01US$6.43M'23/121.13US$7.18M'24/121.42US$9.03M'25/12
Net Income 5Y (¥B)
0.35US$2.23M'21/120.42US$2.66M'22/120.51US$3.23M'23/120.67US$4.27M'24/120.84US$5.35M'25/12
Capital Structure
88%
EquityD/E 0.13xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.66US$10.6M0.38US$2.45M'21/122.07US$13.2M0.36US$2.31M'22/122.44US$15.6M0.33US$2.09M'23/122.92US$18.6M0.36US$2.31M'24/123.17US$20.2M0.02US$0.14M'25/12
Shareholders
Top 10 hold 63.1%
1
Mitsuo SUGIMOTO
30.11%
2
Yasuyuki HASUMOTO
14.00%
3
SUG Asset Co., Ltd.
6.52%
4
Yoichi AOYAMA
2.86%
5
Jinbo Co., Ltd.
2.37%
6
WHITTEN DARREL EUGENE
1.74%
7
Hisako SUGIMOTO
1.55%
8
Kumi TSUNODA
1.42%
9
Akiko SUGIMOTO
1.26%
10
Aspiration Co., Ltd.
1.24%
Management
10 officers
Mitsuo SUGIMOTO
Representative Director, President and CEO
Apr 1991 Joined Recruit Cosmos Co., Ltd. (now Cosmos Initia Co., Ltd.) Jul 1992 Joined Intelligence Co., Ltd. (now Persol Career Co., Ltd.) Apr 1993 Joined I R Japan Co., Ltd. Apr 1997 Joined Strategic IR Co., Ltd. (now G-IR Corporation Co., Ltd.) Oct 1999 Director, Strategic IR Co., Ltd. Apr 2001 Senior Managing Director, Strategic IR Co., Ltd. Oct 2004 Established the Company; Representative Director, President and CEO (current) Jul 2019 Established SUG Asset Co., Ltd.; Representative Director (current) Jan 2022 Outside Director, Unimedia Co., Ltd.
1966-04-29
Yasuyuki HASUMOTO
Senior Managing Director, CFO, Head of Corporate Division
Apr 2001 Joined Mitsubishi Corporation Oct 2013 Seconded to Lawson, Inc. May 2016 Returned to Mitsubishi Corporation Jan 2017 Managing Director and CFO of the Company Jan 2018 Head of Corporate Division (current) Apr 2019 Senior Managing Director and CFO (current) May 2020 Established Lotus Capital Co., Ltd.; Representative Director (current) Oct 2020 Non-Executive Director, Netmile Co., Ltd. Apr 2021 Outside Director, Futon Maki Jiro Co., Ltd.
1977-09-24
Masaaki KATO
Managing Director, Co-in-charge of Corporate Communications Division
Apr 1980 Joined Koyanagi Securities Co., Ltd. (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.) Apr 1983 Joined Kowa Printing Ltd. (now Kowa Printing Co., Ltd.) Apr 1986 Joined International Communication Strategies Inc. (now FISCO IR Inc.) Mar 1988 Joined I R Japan Co., Ltd. Nov 1993 Established Strategic IR Co., Ltd. (now G-IR Corporation Co., Ltd.); Senior Managing Director Jan 2000 Established Alex Net Co., Ltd. (now the Company); Representative Director Jun 2018 Managing Director of the Company (current) Jun 2018 Head of Corporate Communications Division Jan 2022 Head of Sales Division Jan 2024 Co-in-charge of Corporate Communications Division (current)
1956-10-02
Akiyo YAMAMOTO
Managing Director, Head of Corporate Communications Division
Apr 1990 Joined International Communication Strategies Inc. (now FISCO IR Inc.) Nov 1991 Joined I R Japan Co., Ltd. Mar 1994 Joined Strategic IR Co., Ltd. (now G-IR Corporation Co., Ltd.) Jan 2000 Director, Alex Net Co., Ltd. (now the Company) Jun 2018 Director of the Company Jan 2022 Head of Corporate Communications Division (current) Mar 2023 Managing Director of the Company (current)
1964-09-28
Toshiaki KAIDA
Managing Director, Head of Sales Division
Apr 1990 Joined Nomura Securities Co., Ltd. Apr 2020 Transferred to Nomura Research & Advisory Co., Ltd. Apr 2021 Returned to Nomura Securities Co., Ltd. Jul 2023 Executive Officer of the Company Jul 2023 Head of Sales Division (current) Aug 2023 Managing Director of the Company (current)
1966-08-22
Yoichi AOYAMA
Director
Jun 1982 Joined Fuji Sobisha Ltd. Nov 1987 Founded a driving substitute service business as an individual Apr 1990 Established B.I.G. Group Co., Ltd. (now M.H. Group Co., Ltd.); President and Representative Director Apr 1997 Established Yamayo Ltd. (now Yamayo Co., Ltd.); Representative Director (current) Sep 2009 Chairman of the Board, M.H. Group Co., Ltd. Sep 2015 Outside Director of the Company (current)
1964-08-16
Yukio SUZUKI
Director
Apr 1975 Joined Nomura Research Institute, Ltd. Jun 1996 Director, Nomura Research Institute, Ltd. Jun 1997 Director, Nomura Securities Co., Ltd. Jun 1999 Executive Officer, Nomura Asset Management Investment Trust Co., Ltd. (now Nomura Asset Management Co., Ltd.) Jun 2000 Managing Executive Officer, Nomura Asset Management Co., Ltd. Jun 2005 Director, Nomura Holdings, Inc. Apr 2007 President, Securities Analysts Association of Japan Jun 2008 Advisor, Nomura Securities Co., Ltd. Jul 2010 Established Japan Bell Investment Research Co., Ltd.; Representative Director (current) Aug 2010 Advisor, Deloitte Touche Tohmatsu LLC Jun 2012 Outside Director, Systena Corporation May 2015 Outside Director, Ichigo Group Holdings Co., Ltd. (now Ichigo Inc.) Mar 2018 Outside Audit & Supervisory Board Member of the Company Jun 2018 Outside Director, X-Net Co., Ltd. (current) Apr 2022 Outside Director, Nihonbashi Value Partners Co., Ltd. (current) Dec 2022 Outside Director, Value Quest Partners Co., Ltd. (current) Mar 2023 Outside Director of the Company (current)
1950-06-03
Shigeru MATSUMURA
Full-time Audit & Supervisory Board Member
Apr 1985 Joined Mitsubishi Corporation Oct 2009 Representative Director, Executive Vice President, Lifetime Partners Co., Ltd. Jun 2010 Representative Director, President, Lifetime Partners Co., Ltd. Jul 2019 Representative Director, Squire Corporate Advisory Co., Ltd. (current) Mar 2023 Full-time Outside Audit & Supervisory Board Member of the Company (current) Mar 2023 Outside Audit & Supervisory Board Member, Netmile Co., Ltd.
1961-08-12
Takashi ITO
Audit & Supervisory Board Member
Apr 1984 Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Mar 2014 Joined Freund Sangyo Co., Ltd.; General Manager, Accounting Department Mar 2023 Outside Audit & Supervisory Board Member of the Company (current)
1962-01-25
SHIMOINABA Koji
Audit & Supervisory Board Member
Apr 1977 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Jun 2007 Executive Officer, Japan Research Institute, Ltd. Sep 2010 Advisor, insprout Co., Ltd. Jun 2015 Senior Managing Executive Officer, Japan Research Institute, Ltd. Jun 2016 Advisor, Japan Research Institute, Ltd. Nov 2018 Director, CFB Japan Co., Ltd. (current) Aug 2020 Member, Study Committee for Realizing a Resilient Post Office Network, Japan Post Holdings Co., Ltd. Oct 2020 Audit & Supervisory Board Member, INTLOOP Co., Ltd. Oct 2021 Director (Audit and Supervisory Committee Member), INTLOOP Co., Ltd. (current) Nov 2021 Trustee, Koyasan Gakuen Educational Corporation (current) Apr 2022 Finance Committee Member, Koyasan Shingon Sect (current) Mar 2023 Outside Audit & Supervisory Board Member of the Company (current)
1954-01-13
Large Shareholding Reports
Mitsuo SUGIMOTO
2025-09-01
28.92%→28.92%
Annual report (as of 2026-06-30): 30.11%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-13
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-13
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-01
Large Shareholding Report
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-25
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
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
2022-08-15
Quarterly Securities Report
EDINET
2022-05-16
Quarterly Securities Report
EDINET
2022-03-31
Annual Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-17
Quarterly Securities Report
EDINET
2021-03-31
Annual Securities Report
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