Overview
Information & Communication

CRESCO LTD.

Cresco Group provides comprehensive IT services and digital solutions to enterprise clients in Japan. Its IT Services segment covers enterprise systems, financial systems, embedded systems, AI/mobile systems, agile/nearshore/offshore development, RPA implementation, data analytics, and UX design consulting. Its Digital Solutions segment delivers cloud, robotics, AI & data, cybersecurity, and UX/UI solutions to support customers' digital transformation (DX) initiatives.

Market Cap
¥85.7B
US$546M
EV
¥61.1B
US$390M
Stock¥2,134▼-1.34%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
8.6
x
LTM EV/EBIT
9.1
x
LTM PER
15.9
x
LTM PBR
2.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+7.3%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 7, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
85.7BUS$546MMarket Cap1.34BUS$8.52M+ Debt15.1BUS$96.1M− Cash10.8BUS$69.2M− Inv. Sec.61.1BUS$390MEV
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Performance & Balance
Revenue 5Y (¥B)
44.5US$283M'22/348.4US$308M'23/352.8US$336M'24/358.8US$375M'25/364.7US$412M'26/3
EBITDA 5Y (¥B)
4.72US$30.1M'22/35.28US$33.7M'23/35.43US$34.6M'24/36.27US$40.0M'25/36.91US$44.1M'26/3
Net Income 5Y (¥B)
3.24US$20.6M'22/33.33US$21.2M'23/33.73US$23.8M'24/34.41US$28.1M'25/35.28US$33.7M'26/3
Capital Structure
96%
EquityD/E 0.04xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
18.3US$117M1.57US$10.00M'22/317.2US$110M1.01US$6.42M'23/322.4US$143M2.37US$15.1M'24/323.4US$149M1.72US$11.0M'25/324.5US$156M1.41US$8.97M'26/3
Shareholders
Top 10 hold 54.6%
1
Iwasaki Corporation Ltd.
17.96%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.90%
3
Masahiro URASAKI
6.21%
4
CRESCO LTD. Employee Stock Ownership Association
3.37%
5
Toshio IWASAKI
3.03%
6
BBH FOR FIDELITY LOW-PRICED STOCK FUND (Standing Proxy: MUFG Bank, Ltd.)
3.01%
7
STATE STREET BANK AND TRUST CLIENT OMNIBUS ACCOUNT OM02 505002 (Standing Proxy: Mizuho Bank, Ltd.)
2.87%
8
BNP PARIBAS LUXEMBOURG/2S/JASDEC/FIM/LUXEMBOURG FUNDS/UCITS ASSETS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.47%
9
Kazuhiro SATO
2.41%
10
Custody Bank of Japan, Ltd. (Trust Account)
2.33%
Management
11 officers
Hiroyuki NEMOTO
Representative Director, Chairman
Apr 1988: Joined the Company upon its establishment Apr 1998: General Manager, Systems Technology Department, Open Systems Business Division Apr 2002: General Manager, Financial Solutions Business Division, Solutions Headquarters Jun 2006: Director, Deputy General Manager, Solutions Headquarters Apr 2008: Managing Director, General Manager, Solutions Headquarters Apr 2010: Managing Director, General Manager, Business Solutions Headquarters Apr 2011: Managing Director, General Manager, Business Solutions Headquarters and General Manager, Sales Division Oct 2011: Managing Director, General Manager, Business Solutions Headquarters Apr 2012: Managing Director, General Manager, Business Solutions Headquarters and Director, Consulting Center Apr 2013: Managing Director, General Manager, Business Solutions Headquarters Apr 2014: Representative Director, President Jun 2016: Representative Director, President and Executive Officer Apr 2022: Representative Director, Chairman (current)
1960-02-12
Hiroshi TOMINAGA
Representative Director, President and Executive Officer
Apr 1990: Joined the Company Apr 2006: General Manager, Third Department, Infrastructure Systems Business Division, Solutions Headquarters Apr 2007: Deputy General Manager, Infrastructure Solutions Business Division, Solutions Headquarters Apr 2009: General Manager, Infrastructure Solutions Business Division, Solutions Headquarters Apr 2013: Deputy General Manager, Business Solutions Headquarters Jun 2013: Director, Deputy General Manager, Business Solutions Headquarters Apr 2014: Director, Deputy General Manager, Business Management Headquarters Apr 2016: Director, General Manager, Management Division and General Manager, Corporate Strategy Office Jun 2016: Director, Executive Officer, General Manager, Management Division and General Manager, Corporate Strategy Office Jun 2017: Director, Managing Executive Officer, General Manager, Management Division and General Manager, Corporate Strategy Office Apr 2018: Director, Managing Executive Officer, in charge of administrative departments and General Manager, Management Division Apr 2020: Director, Managing Executive Officer, General Manager, Service Competency Headquarters, in charge of Technology Research Institute and Quality Management Headquarters Jun 2021: Director, Senior Managing Executive Officer, General Manager, Service Competency Headquarters, in charge of Technology Research Institute and Quality Management Headquarters Apr 2022: Representative Director, President and Executive Officer (current)
1967-01-09
Takayuki TERAMURA
Director, Managing Executive Officer
Apr 1991: Joined the Company Apr 2007: General Manager, Second Department, Embedded Solutions Business Division, Solutions Headquarters Apr 2015: Deputy General Manager, Embedded Solutions Business Division, and Project Technology Office Manager, Business Management Headquarters Apr 2019: General Manager, Embedded Solutions Business Division, Business Management Headquarters Apr 2020: Executive Officer, General Manager, Industrial Business Unit, Business Management Headquarters, and General Manager, Embedded Solutions Business Division Apr 2021: Executive Officer, General Manager, Industrial Business Unit Apr 2022: Managing Executive Officer, General Manager, Industrial Business Headquarters Apr 2024: Managing Executive Officer, General Manager, Industrial Business Headquarters, in charge of Technology Research Institute Apr 2025: Managing Executive Officer, in charge of Corporate Strategy Jun 2025: Director, Managing Executive Officer, in charge of Corporate Strategy (current)
1970-12-10
Daichi MIYAMOTO
Director
Mar 2005: Joined IOS Co., Ltd. Apr 2005: General Manager, Marketing Business Division, IOS Co., Ltd. Apr 2008: Deputy General Manager, Systems Headquarters, and General Manager, Marketing Business Division, IOS Co., Ltd. Jun 2008: Director, Deputy General Manager, Systems Headquarters, and General Manager, Marketing Business Division, IOS Co., Ltd. Apr 2009: Director, General Manager, Systems Headquarters, and General Manager, Marketing Business Division, IOS Co., Ltd. Mar 2011: Director, General Manager, Sales Headquarters, and General Manager, Partner Promotion Department, IOS Co., Ltd. Mar 2013: Managing Director, General Manager, Systems Service Headquarters, IOS Co., Ltd. Mar 2016: Representative Director, President, IOS Co., Ltd. Mar 2023: Representative Director, President and Executive Officer, IOS Co., Ltd. (current) Jun 2026: Director (current)
1967-07-15
Tetsu TAKAISHI
Director (Full-time Audit and Supervisory Committee Member)
Jul 2015: Joined the Company; Deputy General Manager, Planning and Promotion Business Division Apr 2016: Deputy General Manager, Group Business Promotion Headquarters Jun 2017: Executive Officer, Deputy General Manager, Group Business Promotion Headquarters Apr 2018: Executive Officer, General Manager, Group Business Promotion Headquarters Apr 2020: Executive Officer, Deputy General Manager, Corporate Headquarters Jun 2021: Director (Audit and Supervisory Committee Member) (current)
1962-05-26
Junichi FUKUI
Director
Apr 1977: Joined The Nippon Fudosan Bank (now Aozora Bank, Ltd.) Feb 1999: General Manager, Public Relations Department, the same bank Jun 2000: General Manager, Secretariat and Public Relations Office, the same bank Apr 2001: General Manager, Third Corporate Sales Department, Head Office, the same bank Oct 2005: Director, Staff Service Holdings Co., Ltd. Mar 2014: Advisor, Staff Service Holdings Co., Ltd. Oct 2014: Advisor, Corporate Planning Office, Kyodo News Jun 2015: Director in charge of business, Kyodo News Jun 2016: Managing Director, Kyodo News Jun 2018: Director (current) Jun 2019: Advisor, Kyodo News Jun 2023: Outside Director, Nissou Kogyo Co., Ltd. Oct 2023: Outside Director, NISSO Holdings Co., Ltd. (current) Mar 2025: Councilor, Harada Sekizenkai Public Interest Incorporated Foundation (current)
1953-11-05
Yukie SATO
Director
Apr 1989: Joined The Nippon Credit Bank (now Aozora Bank, Ltd.) May 1999: Joined Execunet Co., Ltd. (now Shimamoto Partners Co., Ltd.) Feb 2007: Representative Director, President, upon establishment of Chemistry Co., Ltd. (current) Jun 2020: Director (current)
1965-06-30
Miyuki SANO
Director
Apr 1985: Joined Nippon Telegraph and Telephone Corporation Jul 1999: Transferred to NTT Communications Corporation Jun 2015: Joined NTT Human Solutions Co., Ltd. (now Pasona HS Inc.); Director, General Manager, Corporate Planning and General Affairs Department Aug 2018: Managing Executive Officer, General Manager, Corporate Planning and General Affairs Department, NTT Human Solutions Co., Ltd. Jun 2020: Managing Executive Officer, Deputy General Manager, General Sales Headquarters, NTT Human Solutions Co., Ltd. Sep 2020: Special Assignment Manager, General Sales Headquarters, NTT Human Solutions Co., Ltd. Jun 2023: Director (current) Jun 2024: Outside Director, Hokuriku Electric Works Co., Ltd. (current)
1962-05-26
Haruo SATO
Director (Audit and Supervisory Committee Member)
Apr 1979: Joined Nomura Computer Systems Co., Ltd. (now Nomura Research Institute, Ltd.) Jul 2003: Director, Staff Service Holdings Co., Ltd. Apr 2009: Executive Officer, Nissei Information Technology Co., Ltd. Apr 2015: Became an independent consultant Jun 2017: Director (Audit and Supervisory Committee Member) (current) Dec 2022: Director, Cognavi India Private Limited Jun 2023: Director, Forum Engineering, Inc.
1956-11-27
Masayuki MAEKAWA
Director (Audit and Supervisory Committee Member)
Oct 1991: Joined Chuo Shinko Audit Corporation Mar 2001: Established Masayuki Maekawa Certified Public Accountant and Tax Accountant Office; Head (current) Dec 2004: Auditor, Mobcast Inc. (now Mobcast Holdings Inc.) Jul 2005: Auditor, Tranzas Inc. (now Trawl on Product Inc.) Oct 2006: Established CONSOLIX Inc.; Representative Director, President (current) Jun 2012: Auditor, Ushio Spex Co., Ltd. (now Modulex Inc.) (current) Mar 2014: Director, Tranzas Inc. (now Trawl on Product Inc.) Feb 2015: Representative Director, I.P.F. Corporation (current) Mar 2015: Auditor, ZMP Inc. Jun 2021: Director (Audit and Supervisory Committee Member) (current) Jun 2021: Outside Director, IA Group Corporation (current) Nov 2023: Outside Director, Kurotani Co., Ltd. (now MERF Inc.) (current)
1965-03-30
Mitsuyasu TACHI
Director (Audit and Supervisory Committee Member)
Oct 2006: Admitted as attorney (Daiichi Tokyo Bar Association); joined Shidara & Sakamoto Law Office (current) Sep 2007: Auditor, Coop Meat Co., Ltd. (current) Jun 2015: Outside Auditor, Hyutec Noorin Co., Ltd. Jun 2015: Outside Auditor, Zennoh Energy Co., Ltd. (current) Oct 2015: Outside Auditor, C&F Logi Holdings Co., Ltd. Jun 2019: Outside Director (Audit and Supervisory Committee Member), C&F Logi Holdings Co., Ltd. Apr 2020: Civil Mediation Commissioner, Tokyo Summary Court (current) Dec 2023: Outside Director (Audit and Supervisory Committee Member), Career Co., Ltd. (current) Nov 2024: Auditor, C&F Logi Holdings Co., Ltd. Jun 2026: Director (Audit and Supervisory Committee Member) (current)
1974-07-14
Large Shareholding Reports
Iwasaki Corporation Ltd.
2026-10-02
17.28%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-09-01
17.28%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-08-31
17.28%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-06-25
17.28%→17.28%
Annual report (as of 2026-03-31): 17.96%
Fidelity Management & Research Company LLC
2026-06-18
5.20%→6.27%
FMR LLC
2026-06-18
—
Fidelity Management & Research Company LLC
2026-06-11
3.15%→3.84%
Fidelity Management & Research Company LLC
2026-06-11
3.84%→4.54%
FMR LLC
2026-06-11
—
Fidelity Management & Research Company LLC
2026-06-11
4.54%→5.20%
FMR LLC
2026-06-11
—
Fidelity Management & Research Company LLC
2026-06-10
3.15%
FMR LLC
2026-06-10
5.54%
Masahiro URASAKI
2026-05-25
5.46%→2.88%
Annual report (as of 2026-03-31): 6.21%
Masahiro URASAKI
2026-05-25
5.76%→5.46%
Annual report (as of 2026-03-31): 6.21%
Iwasaki Corporation Ltd.
2026-04-01
17.28%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-01-05
16.50%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-01-05
16.50%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-01-05
16.50%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-01-05
16.50%→16.50%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-01-05
16.50%→17.28%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2026-01-05
16.50%→17.28%
Annual report (as of 2026-03-31): 17.96%
Sumitomo Mitsui DS Asset Management Company, Limited
2025-11-21
3.91%→3.82%
Iwasaki Corporation Ltd.
2025-10-06
16.50%→16.50%
Annual report (as of 2026-03-31): 17.96%
Iwasaki Corporation Ltd.
2025-09-02
16.50%→16.50%
Annual report (as of 2026-03-31): 17.96%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-02
Large Shareholding Report
EDINET
2026-09-01
Large Shareholding Report
EDINET
2026-08-31
Large Shareholding Report
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Large Shareholding Report
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-18
Large Shareholding Report
EDINETAmended
2026-06-18
Change Report
EDINETAmended
2026-06-11
Change Report
EDINET
2026-06-11
Large Shareholding Report
EDINET
2026-06-11
Large Shareholding Report
EDINETAmended
2026-06-11
Change Report
EDINET
2026-06-11
Large Shareholding Report
EDINET
2026-06-10
Large Shareholding Report
EDINET
2026-06-10
Large Shareholding Report
EDINET
2026-05-25
Large Shareholding Report
EDINET
2026-05-25
Large Shareholding Report
EDINET
2026-04-01
Large Shareholding Report
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINETAmended
2026-01-05
Change Report
EDINETAmended
2026-01-05
Change Report
EDINETAmended
2026-01-05
Change Report
EDINET
2026-01-05
Large Shareholding Report
EDINETAmended
2026-01-05
Change Report
EDINETAmended
2026-01-05
Change Report
EDINET
2025-11-21
Large Shareholding Report
EDINET
2025-11-06
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-06
Large Shareholding Report
EDINET
2025-09-02
Large Shareholding Report
TDnet
2025-08-05
Q1 Earnings Flash
FY ending Mar 2026
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