Overview
Information & Communication

Digital Garage,Inc.

Digital Garage operates three core business segments: a Platform Solution Segment providing comprehensive electronic payment services (credit card, QR code, convenience store payments) and digital marketing for financial institutions; a Long-term Incubation Segment leveraging its payment platform and media assets including a stake in Kakaku.com to develop strategic businesses; and a Global Investment Incubation Segment focused on startup investment and cultivation domestically and internationally. The company positions itself as a fintech-driven group integrating payment platforms, media, and global investment under its 'DG FinTech Shift' strategy. Key services include the VeriTrans4G integrated payment platform, B2B invoice payment solutions, real estate DX services, and accelerator programs such as Open Network Lab.

Market Cap
¥116B
US$737M
EV
¥136B
US$864M
Stock¥2,511▼-1.06%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
—
LTM EV/EBIT
—
LTM PER
84.6
x
LTM PBR
1.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-48.6%pt
100
Oct 23, 25 – Oct 22, 26StockTOPIX
MC → EV Bridge
116BUS$737MMarket Cap61.0BUS$389M+ Debt40.8BUS$260M− Cash2.94BUS$18.7M− Inv. Sec.2.57BUS$16.4M+ NCI136BUS$864MEV
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Performance & Balance
Revenue 5Y (¥B)
73.0US$465M'22/330.1US$191M'23/337.9US$241M'24/338.3US$244M'25/341.0US$261M'26/3
Net Income 5Y (¥B)
30.3US$193M'22/3-9.06-US$57.7M'23/35.81US$37.0M'24/3-7.19-US$45.8M'25/31.28US$8.17M'26/3
Capital Structure
54%
46%
EquityD/E 0.84xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
43.4US$276M52.4US$333M'22/353.3US$340M55.6US$354M'23/349.6US$316M95.5US$608M'24/356.4US$359M67.7US$431M'25/340.5US$258M67.1US$427M'26/3
Shareholders
Top 10 hold 70.3%
1
Resona Holdings, Inc.
30.90%
2
Kaoru HAYASHI
10.62%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
7.64%
4
㈱HAYASHI CAPITAL
6.46%
5
JCB Co., Ltd.
5.13%
6
Custody Bank of Japan, Ltd. (Trust Account)
3.53%
7
TOSHIBA TEC CORPORATION
2.06%
8
THE BANK OF NEW YORK MELLON 140044 (Standing Proxy: Mizuho Bank, Ltd.)
1.46%
9
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.30%
10
THE CHASE MANHATTAN BANK, N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd.)
1.17%
Management
13 officers
Kaoru HAYASHI
Representative Director, President and Executive Officer, Group CEO
Apr 1983 From Garage Inc., Representative Director Aug 1995 Founded Digital Garage, Representative Director Dec 1996 Kei Garage Ltd., Representative Director (now Kei Garage LLC, Representative Member) (current) Jun 2003 Kakaku.com, Inc., Director, Chairman (current) Nov 2004 Digital Garage, Representative Director, President and Group CEO Jun 2009 DG Ventures, Inc., Representative Director, Chairman Apr 2012 Veritrans Inc. (now DG Financial Technology, Inc.), Director, Chairman Oct 2013 eContext Inc., Director, Chairman (current) Jun 2016 KG3 Inc. (now HAYASHI CAPITAL Inc.), Representative Director (current) Jul 2016 Digital Garage US, Inc., Director, Chairman & CEO (current) Sep 2016 Digital Garage, Representative Director, President and Executive Officer, Group CEO (current) May 2017 DG Ventures, Inc., Representative Director, Chairman and President (current) Apr 2026 DG Financial Technology, Inc., Director, Chairman of the Board (current)
1959-12-26
Keizo ODORI
Representative Director, Executive Vice President and Executive Officer, COO
Apr 2000 Joined Face Inc. Jun 2005 Director, Face Inc. Sep 2010 Director, Digital Garage Apr 2012 Director, Veritrans Inc. (now DG Financial Technology, Inc.) Oct 2013 Representative Director, President, eContext Inc. (current) Apr 2020 Director and Managing Executive Officer, Digital Garage Jun 2021 Representative Director, President and Co-COO, DG Financial Technology, Inc. Jun 2021 Director and Executive Vice President and Executive Officer, Group COO, Digital Garage Jun 2022 Director, DG Ventures, Inc. (current) Mar 2025 Director, DG Communications, Inc. (current) Jun 2025 Representative Director and Executive Vice President and Executive Officer, Group COO, Digital Garage Aug 2025 Representative Director, DGB Inc. (current) Apr 2026 Representative Director and Executive Vice President and Executive Officer, COO, Digital Garage (current) Apr 2026 Representative Director, President and CEO, DG Financial Technology, Inc. (current) Jun 2026 Director, DG Business Technology, Inc. (current)
1970-05-10
Hiroshi SHINO
Director and Senior Executive Officer
Apr 2000 Joined SoftBank Finance Corporation Nov 2011 Director and Executive Officer, Veritrans Inc. (now DG Financial Technology, Inc.) Apr 2013 Representative Director and CEO, Naviplus Inc. (now DG Business Technology, Inc.) Jul 2015 Executive Officer, Digital Garage Sep 2015 Director, eContext Inc. (current) Sep 2015 Representative Director and President, Veritrans Inc. (now DG Financial Technology, Inc.) Jun 2020 Director and Senior Executive Officer, Digital Garage (current) Jun 2021 Representative Director, President and Co-COO and Executive Officer, SEVP, DG Financial Technology, Inc. Jun 2022 Representative Director and CEO, Naviplus Inc. (now DG Business Technology, Inc.) Dec 2023 Director, DG Commerce Inc. (now DG Business Technology, Inc.) Jul 2024 Chairman, Representative Director, SCORE Inc. Apr 2025 Director, DG Business Technology, Inc. Apr 2026 Vice Chairman and Senior Executive Officer, Director, DG Financial Technology, Inc. (current)
1976-07-24
Yasuyuki MUYATA
Director (Chair of Audit and Supervisory Committee Member)
Jul 1994 Director, Studio Garage Inc. Dec 1995 Director, Digital Garage Mar 2011 Representative Director, President, DG Ventures, Inc. Jul 2011 Director and COO, Digital Garage Sep 2012 Director and Vice President, Digital Garage Apr 2017 Director and Executive Vice President and Executive Officer, Digital Garage Jun 2018 Audit & Supervisory Board Member, BI.Garage Inc. (current) Jun 2018 Audit & Supervisory Board Member, DG Ventures, Inc. (current) Jun 2018 Audit & Supervisory Board Member, DK Gate Inc. (current) Jun 2018 Director (Chair of Audit and Supervisory Committee Member), Digital Garage (current) Sep 2018 Audit & Supervisory Board Member, Crypto Garage Inc. (current) Jan 2021 Audit & Supervisory Board Member, DG Incubation Inc. (current) Jul 2023 Audit & Supervisory Board Member, Engagement Gateway Inc. (current) Aug 2025 Audit & Supervisory Board Member, DGB Inc. (current)
1956-04-05
Hironobu MORIYAMA
Director and Executive Vice President and Executive Officer, Group CFBO and CGO
Apr 1999 Joined Goldman Sachs Securities Co., Ltd. Jul 2000 Interest Rate Trading Department, Fixed Income Division, Goldman Sachs Securities Co., Ltd. Nov 2009 Managing Director, Fixed Income Division, Goldman Sachs Securities Co., Ltd. Oct 2014 Head of Interest Rate Trading Department, Securities Division, Goldman Sachs Securities Co., Ltd. Aug 2020 Representative, Future Identity General Incorporated Association Dec 2022 Representative Director, Future Identity Inc. (current) Jun 2024 Outside Director, Digital Garage Apr 2026 Director and Executive Vice President and Executive Officer, Group CFBO and CGO, Digital Garage (current) Apr 2026 Director, DG Financial Technology, Inc. (current) Jun 2026 Representative Director, Crypto Garage Inc. (current)
1974-01-27
Koshi NISHIDA
Director
Apr 1977 Joined Toyo Information Systems Co., Ltd. (now TIS Inc.) Jun 2001 Director, TIS Inc. Apr 2008 Representative Director and President, Qualica Inc. Apr 2013 Representative Director and Vice President, TIS Inc. Sep 2016 Director (non-executive), DG Technologies Inc. (now DG Strategic Investment Inc.) Sep 2018 Representative Director, W&Bay Consulting Inc. (current) Oct 2018 Advisor, Digital Garage Jun 2020 Outside Director, Ecomic Inc. (current) Sep 2020 Outside Director, G.C. Planning Inc. (current) Jun 2024 Outside Director, Digital Garage (current)
1951-09-29
Masako IKEDA
Director
Dec 2008 Registered as attorney-at-law Mar 2010 Contract Staff, Legal Training and Education Division, Japan Federation of Bar Associations Apr 2013 Visiting Research Fellow, Institute of Clinical Legal Education, Waseda University (current) Aug 2015 Special Contract Staff attached to Secretary General, Japan Federation of Bar Associations Dec 2015 Partner, Kuwahara & Ikeda Law Office (current) Feb 2016 Contract Staff, Judicial Research Office, Japan Federation of Bar Associations Apr 2019 Member, Human Rights Protection Committee, Tokyo Bar Association (current) Apr 2020 Mediation Commissioner, Tokyo Family Court Apr 2020 Judicial Commissioner, Tokyo Summary Court Jun 2024 Outside Director, Digital Garage (current)
1977-10-02
Nanako ISHIDO
Director
Apr 2002 Visiting Scholar, MIT Media Lab Nov 2002 Chairperson, NPO CANVAS (current) Jan 2011 Representative Director and President, Digital Ehon Inc. Apr 2018 Professor, Graduate School of Media and Governance, Keio University (current) May 2018 Chairperson, General Incorporated Association Chō Kyōiku Kyōkai (current) Jun 2021 Director, BLab, IU Graduate School of Information Management and Innovation (current) May 2022 Outside Director, Matsuya Co., Ltd. (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Fuji Media Holdings, Inc. (current) Jun 2025 Outside Director, Digital Garage (current) Apr 2026 Director, Research Institute for Media Design, Graduate School of Media Design, Keio University (current)
1979-07-07
Hidefumi KAWABE
Director
Apr 1996 Joined Daiwa Bank (now Resona Bank, Limited) Apr 2020 General Manager, Group Strategy Department, Resona Holdings, Inc. Apr 2022 General Manager, DX Planning Department, Resona Bank, Limited; General Manager, DX Planning Department and General Manager, Group Strategy Department (special assignment), Resona Holdings, Inc. Apr 2024 Executive Officer, Resona Bank, Limited (Deputy in charge of Life Design Support, Loan Management, DX Planning and Customer Success departments); Executive Officer, Resona Holdings, Inc. (Deputy in charge of DX Planning, Customer Success, Data Science, Group Strategy (housing loan process reform) and Group Strategy (business development) departments) Apr 2025 Executive Officer, Resona Bank, Limited (in charge of Personal Banking; DX and Payment Business); Executive Officer, Group CDIO, Resona Holdings, Inc. (in charge of Personal Banking, Corporate Banking and Data Science) Apr 2026 Executive Officer, Resona Bank, Limited (in charge of Personal Banking) (current); Executive Officer, Group CDIO, Resona Holdings, Inc. (General Manager of DX Division and in charge of DX Personal Banking) (current) Jun 2026 Outside Director, Digital Garage
1972-12-13
Ken SAKAMURA
Director
Apr 2000 Professor, Graduate School of Interdisciplinary Information Studies / Graduate School of Information Studies, University of Tokyo Jan 2002 Director, YRP Ubiquitous Networking Laboratory (current) Apr 2009 Director, Ubiquitous Information Society Infrastructure Research Center, Graduate School of Interdisciplinary Information Studies, University of Tokyo Oct 2014 Chairman, General Incorporated Association for Open & Big Data Utilization and Regional Revitalization (now General Incorporated Association Digital Regional Revitalization Promotion Organization) (current) Apr 2017 Professor and Dean, Faculty of Information Networking for Innovation and Design, Toyo University; Director, Organization for Industry-Academia Collaboration, Toyo University (current) Jun 2017 Professor Emeritus, University of Tokyo (current) Jun 2019 Outside Director, Nippon Telegraph and Telephone Corporation (now NTT, Inc.) (current) Aug 2019 Chairman, General Incorporated Association IoT Service Alliance (current) Oct 2021 Chairman, General Incorporated Association AI Data Utilization Consortium (current) Jun 2026 Outside Director, Digital Garage
1951-07-25
Junji INOUE
Director (Audit and Supervisory Committee Member)
Apr 1974 Joined Mitsubishi Corporation Jun 1993 General Manager, Palo Alto Office, Mitsubishi Corporation (U.S.A.); President and Director, MC Silicon Valley Inc. Mar 2000 Senior Executive Vice President and General Manager, eCommerce Division, iMIC Division, MC Silicon Valley Inc. Apr 2003 Executive Officer, Mitsubishi Corporation Jun 2003 Representative Director, Executive Officer and President, I.T. Frontier Inc. Mar 2005 Representative Director and President, I.T. Frontier Inc. Jun 2007 Outside Director, eAccess Ltd. Apr 2009 Representative Director, Chairman, CEO and CTO, I.T. Frontier Inc. Apr 2011 Advisor, I.T. Frontier Inc. Apr 2012 Advisor, Be-Wiz Corporation Jun 2012 Managing Director, Remote Sensing Technology Center of Japan Sep 2012 Outside Audit & Supervisory Board Member, Digital Garage Jul 2016 Advisor, Takasago Thermal Engineering Co., Ltd. Sep 2016 Outside Director (Audit and Supervisory Committee Member), Digital Garage (current) Jun 2020 Technical Advisor, Remote Sensing Technology Center of Japan (current)
1949-09-18
Shuma UCHINO
Director (Audit and Supervisory Committee Member)
Apr 1978 Joined Mitsubishi Corporation (Steel Products Management Department) Jul 2001 Vice President and Director, Mitsubishi Corporation Financial Services Ltd. May 2002 CFO, Metals Group, and General Manager, Metals Management Department, Mitsubishi Corporation Jun 2004 Executive Officer, Mitsubishi Motors Corporation Apr 2008 Managing Executive Officer, Mitsubishi Motors Corporation Apr 2009 Executive Officer, Mitsubishi Corporation Apr 2013 Managing Executive Officer, Corporate Officer in charge of Corporate (CFO), Mitsubishi Corporation Jun 2013 Representative Director and Managing Executive Officer, Mitsubishi Corporation Jun 2016 Advisor, Mitsubishi Corporation Jun 2018 Standing Audit & Supervisory Board Member, Mitsubishi Corporation Jun 2019 Full-time Audit & Supervisory Board Member, Mitsubishi Corporation Jun 2022 Outside Director, Takasago Thermal Engineering Co., Ltd. (current) Jun 2022 Outside Director (Audit and Supervisory Committee Member), Digital Garage (current)
1954-06-29
Masahiko CHINO
Director (Audit and Supervisory Committee Member)
Oct 1988 Joined Minato Audit Corporation (now Ernst & Young ShinNihon LLC / Azsa LLC) Aug 1992 Registered as Certified Public Accountant Jul 1993 Seconded to KPMG (U.S.) Sep 2001 Established KPMG FAS Co., Ltd., Representative Director (current) Sep 2009 Director, KPMG Healthcare Japan Co., Ltd. (current) Aug 2018 Managing Director, Azsa LLC Oct 2019 Chairman, KPMG Consulting Co., Ltd. Sep 2021 Representative Director and Chairman, KPMG Ignition Tokyo Co., Ltd. (current) Oct 2022 Representative Director, KPMG Advisory Lighthouse Co., Ltd. (now KPMG Advisory Holdings Co., Ltd.) Mar 2023 Joint Chairman, KPMG Japan (current) Jan 2025 Representative Director, KPMG Consulting Co., Ltd. (current) Jul 2025 Managing Executive Officer, Azsa LLC (current) Dec 2025 Representative Director and President, KPMG Advisory Holdings Co., Ltd. (current) Jun 2026 Outside Director (Audit and Supervisory Committee Member), Digital Garage
1963-10-26
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Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-01
Large Shareholding Report
EDINET
2026-09-01
Large Shareholding Report
TDnet
2026-08-13
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-14
Large Shareholding Report
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-30
Large Shareholding Report
EDINET
2025-08-07
Large Shareholding Report
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-08-04
Large Shareholding Report
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-03-13
Large Shareholding Report
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-07
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2024-11-01
Large Shareholding Report
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-08-07
Large Shareholding Report
EDINET
2024-07-25
Large Shareholding Report
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-08
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-09
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-21
Large Shareholding Report
EDINET
2022-12-21
Large Shareholding Report
EDINETAmended
2022-11-14
Amended Annual Securities Report
EDINETAmended
2022-11-14
Amended Annual Securities Report
EDINETAmended
2022-11-14
Amended Annual Securities Report
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