Overview
Information & Communication

tripla Co.,Ltd.

tripla Co., Ltd. develops and operates SaaS-based hospitality technology solutions for accommodation facilities, comprising three core products: 'tripla Book' (a direct booking engine), 'tripla Bot' (an AI chatbot supporting five languages with approximately 95% auto-response rate), and 'tripla Connect' (a CRM/MA platform for guest marketing). The company's solutions are designed to reduce OTA dependency by maximizing direct booking conversion through optimized UX/UI, social login membership, best-rate guarantees, dynamic packaging, and multi-currency payment capabilities. tripla serves hotels and ryokans primarily in Japan, Taiwan, South Korea, and Southeast Asia, positioning itself as one of the fastest-growing hotel technology solution providers in Asia.

Market Cap
¥15.6B
US$99.2M
EV
¥-8.57B
-US$54.6M
Stock¥2,625▲+1.08%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
20.3
x
LTM PBR
6.8
x
2026-08-25 closing price basis: ranked #18 in beluuga.ai's "Japanese listed companies with negative Enterprise Value" ranking (simplified EV ≈ ¥-73B).
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+25.6%pt
1001
Oct 23, 25 – Oct 23, 26StockTOPIX
1Sep 15, 26Q3 FY2026/10 earnings announced
MC → EV Bridge
15.6BUS$99.2MMarket Cap0.85BUS$5.39M+ Debt25.0BUS$159M− Cash0.00BUS$0.00M− Inv. Sec.0.04BUS$0.25M+ NCI-8.57B-US$54.6MEV
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Performance & Balance
Revenue 5Y (¥B)
0.82US$5.20M'22/101.18US$7.49M'23/101.87US$11.9M'24/102.57US$16.4M'25/10
EBITDA 5Y (¥B)
-0.13-US$0.84M'21/100.09US$0.55M'22/100.18US$1.16M'23/100.28US$1.77M'24/100.53US$3.38M'25/10
Net Income 5Y (¥B)
0.07US$0.47M'22/100.17US$1.05M'23/100.21US$1.33M'24/100.50US$3.19M'25/10
Capital Structure
73%
27%
EquityD/E 0.37xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.78US$4.95M0.28US$1.76M'21/101.68US$10.7M0.23US$1.49M'22/105.47US$34.8M0.21US$1.32M'23/109.72US$61.9M1.24US$7.93M'24/1018.0US$115M1.02US$6.47M'25/10
Shareholders
Top 10 hold 53.4%
1
Itaru TORIU
19.29%
2
Kazuhisa TAKAHASHI
13.24%
3
SBI SECURITIES Co., Ltd.
4.24%
4
EPARK, Inc.
3.86%
5
Custody Bank of Japan, Ltd. (Trust Account)
3.50%
6
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB; Standing Proxy: Nomura Securities Co., Ltd.)
2.26%
7
SCBHK AC SINGAPORE CLIENT (Standing Proxy: MUFG Bank, Ltd.)
2.26%
8
CACEIS BANK/QUINTET LUXEMBOURG SUB AC / UCITS CUSTOMERS ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.75%
9
Ueda Yagi Tanshi Co., Ltd.
1.68%
10
JR East Startup Co., Ltd.
1.31%
Management
7 officers
Kazuhisa TAKAHASHI
Representative Director, CEO
Apr 2001 Joined TKK Co., Ltd. May 2004 Joined Philip Morris Japan K.K. (now Philip Morris Japan GK) May 2006 Joined A.T. Kearney K.K. Nov 2006 Joined Philip Morris Japan K.K. (now Philip Morris Japan GK) Jul 2011 Joined Amazon Japan K.K. (now Amazon Japan GK) May 2015 Joined Coca-Cola (Japan) Company, Limited Sep 2015 Director, umami Inc. (now tripla Inc.) Jun 2016 Representative Director, the Company (current) Dec 2023 Chairman, Cuipula Taiwan Co., Ltd. (current) Mar 2024 Director, Xuhai International Technology Co., Ltd. (current) Sep 2024 Commissioner, PT. Surya Jagat Mandiri (now PT. tripla BookandLink Indonesia) (current) Dec 2024 Director, tripla Hong Kong Limited (current) Feb 2025 Director, tripla USA, Inc. (current) Apr 2025 Director, tripla Philippines Technologies Inc. (current) Jul 2025 Director, tripla Thai Holdings Co., Ltd. (current)
1976-09-26
Itaru TORIU
Representative Director, CPO
Apr 1998 Joined Oracle Japan Co., Ltd. Mar 2005 Joined Coca-Cola (Japan) Company, Limited Mar 2013 Joined Amazon Japan K.K. (now Amazon Japan GK) Apr 2015 Founded umami Inc. (now tripla Inc.), Representative Director (current) Mar 2024 Director, Xuhai International Technology Co., Ltd. (current)
1974-02-27
Tomoatsu ASO
Audit & Supervisory Board Member
Apr 1991 Joined Meiji Life Insurance Company (now Meiji Yasuda Life Insurance Company) Oct 2000 Joined Ota Showa Century Audit Corporation (now EY ShinNihon LLC) Apr 2004 Registered as Certified Public Accountant May 2016 Manager, Accounting Department, Graphico Inc. Jun 2016 Founded Aso Certified Public Accountant Office, Principal (current) Sep 2016 Outside Audit & Supervisory Board Member, Amazia Inc. (current) Jun 2017 Director (Audit and Supervisory Committee Member), Jonan Shingaku Kenkyusha Co., Ltd. (current) Jan 2018 Outside Audit & Supervisory Board Member, the Company (current) Jun 2019 Audit & Supervisory Board Member, Ubiquitous AI Corporation (now Ubiquitous AI Inc.) (current) Jul 2020 Executive Advisor, ES Next Audit Corporation (now ES Next LLC) Feb 2022 Managing Partner, ES Next LLC (current)
1969-01-22
Masaki YAMAMOTO
Director
Apr 1994 Joined Norinchukin Bank Jul 1999 Joined Nochu Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Jul 2004 Joined Alstra Capital Securities Co., Ltd. Feb 2005 Joined Calyon Securities Co., Ltd. (now Crédit Agricole Securities Co., Ltd.) May 2006 Joined ABN AMRO Securities Co., Ltd. (now RBS Securities Co., Ltd.) Apr 2008 Joined Merrill Lynch Japan Securities Co., Ltd. Oct 2009 Joined Mitsubishi Corporation Asset Management Co., Ltd. Aug 2013 Representative Director, Office Masa (current) Jan 2019 Outside Audit & Supervisory Board Member, the Company Nov 2021 Outside Director, the Company (current)
1970-08-13
Keiko ICHIHASHI
Director
Aug 2016 Joined Pactera Technology Japan K.K. Sep 2016 Passed the National Bar Examination Sep 2017 Left Pactera Technology Japan K.K. Nov 2017 Entered the 71st Legal Training and Research Institute Dec 2018 Registered with the Tokyo Bar Association (71st class) Jan 2019 Joined Uchida Samejima Law Office (current) Aug 2022 Outside Audit & Supervisory Board Member, METATEAM Inc. Aug 2024 Outside Director, Impl Inc. Feb 2025 Outside Director, the Company (current) Apr 2025 Outside Audit & Supervisory Board Member, Impl Inc. (current)
1991-10-05
Chikami YAMAZOE
Full-time Audit & Supervisory Board Member
Dec 2007 Joined Arata Audit Corporation (now PwC Japan LLC) Mar 2019 Provided services to multiple companies as a sole proprietor Mar 2021 Outside Audit & Supervisory Board Member, the Company (current) Apr 2023 Outside Audit & Supervisory Board Member, Shinka Inc. (current) Dec 2025 Outside Audit & Supervisory Board Member, Fixstars Corporation (current)
1980-10-28
Susumu HANAWA
Audit & Supervisory Board Member
Oct 2002 Passed the National Bar Examination Apr 2003 Entered the 57th Legal Training and Research Institute Dec 2004 Registered with the Daini Tokyo Bar Association (57th class) Dec 2004 Joined Mori Hamada & Matsumoto (now Mori Hamada & Matsumoto Foreign Law Joint Enterprise) (current)
1980-04-27
Large Shareholding Reports
Wojciech Jakub Podobas
2026-03-11
5.10%→4.09%
SBI Securities Co., Ltd.
2025-12-22
3.75%
Annual report (as of 2026-04-30): 4.24%
SBI Securities Co., Ltd.
2025-11-20
5.07%→3.40%
Annual report (as of 2026-04-30): 4.24%
SBI Securities Co., Ltd.
2025-11-07
5.07%
Annual report (as of 2026-04-30): 4.24%
Itaru TORIU
2025-09-11
20.00%→19.69%
Annual report (as of 2026-04-30): 19.29%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-14
Q3 Earnings Flash
FY ending Oct 2026
EDINET
2026-06-15
Semi-Annual Securities Report
Period: Nov 2025 – Oct 2026
TDnet
2026-03-17
Q1 Earnings Flash
FY ending Oct 2026
EDINET
2026-03-11
Large Shareholding Report
EDINET
2026-01-26
Annual Securities Report
Period: Nov 2024 – Oct 2025
EDINET
2025-12-22
Large Shareholding Report
EDINET
2025-11-20
Large Shareholding Report
EDINET
2025-11-07
Large Shareholding Report
TDnet
2025-09-16
Q3 Earnings Flash
FY ending Oct 2025
EDINET
2025-09-11
Large Shareholding Report
EDINET
2025-06-16
Semi-Annual Securities Report
Period: Nov 2024 – Oct 2025
TDnet
2025-03-17
Q1 Earnings Flash
FY ending Oct 2025
EDINET
2025-01-30
Annual Securities Report
Period: Nov 2023 – Oct 2024
EDINET
2024-06-14
Quarterly Securities Report
Period: Feb 2024 – Apr 2024
EDINET
2024-03-18
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2024-01-31
Annual Securities Report
Period: Nov 2022 – Oct 2023
EDINET
2023-09-13
Securities Registration Statement
EDINET
2023-09-13
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-06-14
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-03-15
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINET
2023-01-30
Annual Securities Report
Period: Nov 2021 – Oct 2022
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