Overview
Information & Communication

Unite and Grow Inc.

Unite and Grow provides a membership-based 'Shared Employee' (Shared-in Employee®) service that deploys its own IT professionals to client offices on a time-share basis, functioning as an outsourced corporate IT department for small and mid-sized enterprises. The service targets companies with 50 to 1,000 employees located primarily in central Tokyo (23 wards) and parts of Yokohama, addressing their chronic shortage of in-house IT talent. Core offerings span IT strategy consulting, infrastructure management, helpdesk operations, internal controls, DX promotion, and IT staff development, delivered under a flexible point-based billing system.

Market Cap
¥6.00B
US$38.3M
EV
¥2.72B
US$17.4M
Stock¥758▲+4.70%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.7
x
LTM EV/EBIT
4.0
x
LTM PER
12.0
x
LTM PBR
2.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.2%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
6.00BUS$38.3MMarket Cap0.00BUS$0.01M+ Debt3.25BUS$20.7M− Cash0.03BUS$0.20M− Inv. Sec.2.72BUS$17.4MEV
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Performance & Balance
Revenue 5Y (¥B)
2.08US$13.2M'21/122.34US$14.9M'22/122.67US$17.0M'23/122.97US$18.9M'24/123.51US$22.4M'25/12
EBITDA 5Y (¥B)
0.31US$1.97M'21/120.34US$2.16M'22/120.41US$2.62M'23/120.44US$2.82M'24/120.62US$3.93M'25/12
Net Income 5Y (¥B)
0.20US$1.26M'21/120.24US$1.52M'22/120.31US$1.95M'23/120.38US$2.45M'24/120.41US$2.61M'25/12
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.91US$12.2M'21/122.14US$13.6M0.05US$0.32M'22/122.11US$13.4M0.01US$0.04M'23/122.71US$17.3M0.00US$0.02M'24/123.13US$20.0M0.00US$0.02M'25/12
Shareholders
Top 10 hold 58.1%
1
S Asset Management Co., Ltd.
25.11%
2
Kiichiro SUDA
16.05%
3
Custody Bank of Japan, Ltd. (Trust Account)
3.65%
4
Mieko OKA
2.36%
5
Unite and Grow Inc. Employee Stock Ownership Association
2.15%
6
Rakuten Securities, Inc. (Joint Account)
2.10%
7
SBI SECURITIES Co., Ltd.
2.04%
8
Shigeo MAKITA
1.64%
9
Aiko SUDA
1.51%
10
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
1.47%
Management
10 officers
Kiichiro SUDA
Representative Director, President
Jan 1990 Joined Escom Co., Ltd. Apr 1991 Joined Universal Data Co., Ltd. Apr 1994 Joined Tama Tsushinki Co., Ltd. Sep 1994 Joined K-Net Co., Ltd. Jan 1996 Joined P.O.V. Associates Co., Ltd. Jul 1997 Established Q&A Co., Ltd. (now Q&A Inc.), appointed Representative Director, President Feb 2005 Established the Company, appointed Representative Director, President (current) Sep 2014 Appointed Representative Director, S Asset Management Co., Ltd. (current) Sep 2015 Appointed Director, FJ Consulting Co., Ltd. Oct 2020 Appointed Director, Bizmates Co., Ltd. (current)
1966-05-14
Yoichi TAKAI
Director, General Manager of HR Division
Apr 1994 Joined Lise 21 Co., Ltd. Jul 1998 Joined Nihon Sogo Tsushin Co., Ltd. Sep 1999 Joined C-ON Co., Ltd. Mar 2001 Joined Soilic Japan Co., Ltd. Apr 2004 Appointed Director, Soilic Japan Co., Ltd. Dec 2006 Joined the Company Mar 2013 Appointed Director, the Company (current) Mar 2020 Appointed Director, FJ Consulting Co., Ltd.
1969-11-13
Mieko OKA
Director, General Manager of Administration Division
Apr 1988 Joined Zenkyoken Co., Ltd. Dec 1996 Joined Tachibana Certified Public Accountant Office Feb 2001 Joined Anzai Accounting Office Mar 2002 Joined Skywave Co., Ltd. Oct 2005 Joined the Company Mar 2011 Appointed Director, the Company (current)
1967-05-18
Tomoyoshi SAITO
Director, General Manager of Insourcing Business Division
Apr 2012 Joined Mizuho Securities Co., Ltd. Apr 2016 Joined the Company Jan 2019 Appointed Executive Officer, General Manager of Insourcing Business Division No. 1 Jan 2020 Appointed Executive Officer, Deputy General Manager of Business Division Jan 2021 Appointed Executive Officer, General Manager of IS Business Division Mar 2021 Appointed Director, FJ Consulting Co., Ltd. Mar 2022 Appointed Director, the Company (current)
1989-11-10
Yoshiyuki HIRABAYASHI
Director
Apr 1983 Joined Cosmo 80 Co., Ltd. Nov 1991 Joined Secom Co., Ltd. Nov 1994 Joined Secom Information Systems Co., Ltd. Oct 1996 Established How-Com Co., Ltd. (now Persol Business Process Design Co., Ltd.), appointed Director Apr 2000 Appointed Board Member, Coopland Tokyo Consumers' Cooperative Jun 2010 Appointed Representative Director, President, How-Com Co., Ltd. (now Persol Business Process Design Co., Ltd.) Oct 2018 Appointed Representative Director, President, Persol Work Design Co., Ltd. (now Persol Business Process Design Co., Ltd.) Apr 2023 Appointed Counselor, Persol Business Process Design Co., Ltd. (current) Aug 2023 Appointed Representative Director, NeuroSky Inc. (now Bio Search Inc.) Mar 2024 Appointed Director, the Company (current) Aug 2024 Appointed Director, NeuroSky Inc. (now Bio Search Inc.) (current) Jun 2025 Appointed Board Member, Coopland Tokyo Consumers' Cooperative (current)
1962-12-06
Kazuo HIGO
Full-time Corporate Auditor
Apr 1965 Joined Sumitomo Trust & Banking Co., Ltd. (now Sumitomo Mitsui Trust Bank, Limited) Jul 1996 Seconded to Pasona Inc. (now Pasona Group Inc.), appointed Executive Director Apr 1997 Appointed Director, Pasona Inc. Aug 1999 Appointed Representative Director, President, Nihon Outsourcing Co., Ltd. Jun 2000 Appointed Managing Executive Officer, Pasona Inc. Apr 2001 Appointed General Manager, Internal Audit Office, Pasona Inc. Aug 2003 Appointed Full-time Corporate Auditor, Pasona Inc. Dec 2015 Appointed Full-time Corporate Auditor, the Company (current) Mar 2019 Appointed Corporate Auditor, FJ Consulting Co., Ltd.
1942-06-08
Shuichi YODA
Corporate Auditor
Apr 1997 Joined Tamiya & Tsutsumi Law Office (current; now Tamiya Godo Law Office) Mar 2000 Delegate, Japan Federation of Bar Associations Apr 2006 Appointed Visiting Professor, Faculty of Law, Toin Yokohama University (current) Apr 2006 Member, Standing Committee, Second Tokyo Bar Association Jun 2006 Member, Disciplinary Committee, Second Tokyo Bar Association Mar 2018 Appointed Corporate Auditor, the Company (current) Nov 2021 Appointed Corporate Auditor, Watakyu Seimore Co., Ltd. (current)
1965-11-06
Masako SUZUKI
Corporate Auditor
Jul 1983 Joined Temporary Center Co., Ltd. (now Pasona Group Inc.) Apr 1999 Joined Pasona Inc. (now Pasona Group Inc.), appointed Executive Officer Sep 2004 Appointed Director, Senior Managing Executive Officer, Pasona Inc. Jun 2010 Appointed Vice President Director, Benefit One Inc. May 2012 Appointed Corporate Auditor, Benefit One Health Care Inc. Jan 2016 Appointed Representative Director, President, Benefit One Health Care Inc. Jun 2016 Appointed Outside Director, Japan Post Insurance Co., Ltd. Jul 2019 Executive Advisor, Pasona Group Inc. Dec 2019 Appointed Representative Director, President, Pasona Force Inc. Jun 2022 Appointed Outside Director and Audit Committee Chair, Japan Post Insurance Co., Ltd. Jun 2022 Appointed Board Member, Management Council, Shizuoka University (current) Mar 2023 Appointed Corporate Auditor, the Company (current) Jun 2023 Appointed Outside Director (Audit and Supervisory Committee Member), Nippon Signal Co., Ltd. (current)
1954-02-04
Satoshi KOGA
Director
Apr 1981 Joined Monsanto Japan Ltd. (now Bayer) Jun 1989 Joined Citibank N.A., Marketing Division; appointed Manager, Product Development Office Sep 1993 Appointed Director, Wilcoms Ltd. (current) Mar 1995 Joined McKinsey & Company Inc. Oct 1997 Appointed Representative Director, Will Capital Management Co., Ltd. (current) Mar 2011 Appointed Representative Director, Team Cool Japan Co., Ltd. (current) Jun 2018 Appointed Director, Selm Co., Ltd. Aug 2018 Appointed Outside Director, Inbound Platform Co., Ltd. (current) Jan 2019 Appointed Representative Director, Aristotle Partners Co., Ltd. (current) Mar 2026 Appointed Director, the Company (current)
1959-03-09
Yoshiyuki TAKESHITA
Corporate Auditor
Apr 1984 Joined Nippon Shinpan Co., Ltd. (now Mitsubishi UFJ Nicos Co., Ltd.) Nov 2000 Joined CSC Japan Ltd. (now DXC Technology Japan K.K.) Dec 2002 Joined Nius Co., Ltd. (now LAC Co., Ltd.) Dec 2004 Joined Nihon Joho Center Co., Ltd. (now Japan Credit Information Reference Corporation) Apr 2010 Appointed General Manager, Corporate Planning Division, Nihon Joho Center Co., Ltd. Jan 2016 Appointed General Manager, Comprehensive Risk Management Division, Nihon Joho Center Co., Ltd. Oct 2017 Appointed Deputy General Manager, System Division, and General Manager, System Operations Division, Nihon Joho Center Co., Ltd. Apr 2018 Appointed Executive Officer, Deputy General Manager, System Division, and General Manager, System Development Division, Nihon Joho Center Co., Ltd. Jun 2020 Appointed Executive Officer, General Manager, System Division, Nihon Joho Center Co., Ltd. Jun 2021 Appointed Full-time Corporate Auditor, Nihon Joho Center Co., Ltd. Mar 2026 Appointed Corporate Auditor, the Company (current)
1960-06-15
Large Shareholding Reports
S Asset Management Co., Ltd.
2025-11-04
25.31%→25.15%
Annual report (as of 2026-06-30): 25.11%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-14
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-19
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-11-04
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
2025-03-27
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
2024-03-28
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
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-29
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-26
Annual Securities Report
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