Overview
Information & Communication

GRID Inc.

GRID INC. is an AI development company focused on planning optimization for social infrastructure, operating across three core domains: power & energy, logistics & supply chain, and urban transportation & smart cities. The company develops AI engines that combine mathematical optimization, metaheuristics, machine learning, and reinforcement learning to solve complex combinatorial optimization problems—such as vessel dispatch scheduling, power supply-demand planning, and railway transport optimization—for major industrial clients including Idemitsu Kosan, NYK Line, Shikoku Electric Power, and Hokkaido Electric Power. Its business model spans the full lifecycle from consulting and AI engine development to system implementation and ongoing operations support, maximizing customer lifetime value (CLTV).

Market Cap
¥8.78B
US$56.0M
EV
¥5.93B
US$37.8M
Stock¥1,827▼-4.09%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
11.2
x
LTM EV/EBIT
12.9
x
LTM PER
25.4
x
LTM PBR
2.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-53.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
8.78BUS$56.0MMarket Cap0.00BUS$0.00M+ Debt2.85BUS$18.2M− Cash0.00BUS$0.00M− Inv. Sec.5.93BUS$37.8MEV
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Performance & Balance
Revenue 5Y (¥B)
1.35US$8.63M'23/61.65US$10.5M'24/62.06US$13.2M'25/63.12US$19.9M'26/6
EBITDA 5Y (¥B)
0.25US$1.56M'23/60.41US$2.60M'24/60.48US$3.06M'25/60.53US$3.37M'26/6
Net Income 5Y (¥B)
0.23US$1.45M'23/60.40US$2.57M'24/60.30US$1.90M'25/60.35US$2.20M'26/6
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.67US$4.28M0.13US$0.86M'23/62.90US$18.5M0.07US$0.46M'24/63.20US$20.4M0.01US$0.04M'25/62.85US$18.2M'26/6
Shareholders
Top 10 hold 75.5%
1
We Co., Ltd. (Note 2)
54.30%
2
Custody Bank of Japan, Ltd. (Trust Account)
11.12%
3
ITOCHU Corporation
2.12%
4
Marubeni Corporation
2.12%
5
Rakuten Securities, Inc. (Joint Account)
1.26%
6
Monex, Inc.
1.06%
7
SBI SECURITIES Co., Ltd.
1.02%
8
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO (Standing Proxy: MUFG Bank, Ltd.)
0.96%
9
JPMorgan Securities Japan Co., Ltd.
0.84%
10
The Master Trust Bank of Japan, Ltd. (Trust Account)
0.66%
Management
9 officers
Kan SOKABE
Representative Director, President
Apr 1997 Joined Hibiya Kadan Co., Ltd. Jul 2000 Director, E-Flora Co., Ltd. Jan 2005 Joined Seicho Co., Ltd. Aug 2005 Representative Director, Seicho Co., Ltd. Oct 2009 Founded the Company; Representative Director (current) Jan 2016 Founded Seicho Holdings Co., Ltd. (currently We Co., Ltd.); Representative Director (current) Apr 2019 Representative Director, AI Business Promotion Consortium General Incorporated Association
1973-01-08
Kazuyoshi TERUI
Director, Executive Officer
Apr 1999 Joined ITOCHU Techno-Solutions Corporation Apr 2012 Vice President, ITOCHU Techno-Solutions America, Inc. Apr 2017 General Manager, AI Business Promotion Department, ITOCHU Techno-Solutions Corporation Feb 2020 Joined the Company Jul 2021 Director, the Company Jul 2024 Director, Executive Officer, the Company (current)
1974-05-26
Hideki NAKAMURA
Director, Executive Officer
Apr 1996 Joined Hitachi Kensetsu Sekkei Co., Ltd. Jun 2001 Joined Toshi Design System Co., Ltd. Dec 2005 Director, Honors Hill Karuizawa Co., Ltd. Aug 2008 Founded ARICA Co., Ltd.; Representative Director Oct 2009 Founded the Company; Director Jul 2015 Representative Director, the Company Sep 2020 Director, the Company (resigned) Jul 2021 Director, the Company Jul 2024 Director, Executive Officer, the Company (current)
1971-07-19
Toma SOKABE
Director
Apr 2007 Postdoctoral Researcher, Max Planck Institute of Microstructure Physics Jan 2009 Visiting Postdoctoral Researcher, University of Cambridge Oct 2009 Founded the Company; Director Jan 2011 Research Associate, Research Center for Advanced Science and Technology, The University of Tokyo Apr 2011 Director, the Company (resigned) Apr 2011 Project Assistant Professor, Research Center for Advanced Science and Technology, The University of Tokyo Apr 2014 Project Associate Professor, Research Center for Advanced Science and Technology, The University of Tokyo Mar 2016 Associate Professor, i-Powered Energy System Research Center, The University of Electro-Communications Sep 2020 Non-Executive Director, the Company (current) Apr 2024 Professor, i-Powered Energy System Research Center, The University of Electro-Communications (current)
1974-06-01
Kenji TANAKA
Director
Apr 2000 Joined McKinsey & Company, Inc. Sep 2003 Joined Japan Industrial Partners, Inc. May 2006 Assistant Professor, Graduate School of Engineering, The University of Tokyo Jan 2013 Project Associate Professor, Office of Project Management, The University of Tokyo Apr 2017 Project Associate Professor, Department of Technology Management for Innovation, Graduate School of Engineering, The University of Tokyo Feb 2019 Associate Professor, Department of Technology Management for Innovation, Graduate School of Engineering, The University of Tokyo Sep 2020 Outside Director, the Company (current) May 2021 Outside Director, JDSC Inc. (current) Apr 2024 Professor, Department of Technology Management for Innovation, Graduate School of Engineering, The University of Tokyo (current)
1974-12-15
Junko TAKEUCHI
Director
Apr 1994 Joined Tokyo Electric Power Company Jan 2012 Director and Senior Research Fellow, Institute for International Environmental Economics (NPO) (current) Oct 2018 Co-Representative, U3 Innovations LLC (current) Jun 2019 Outside Director, Japan Paper Pulp Trading Co., Ltd. (current) Apr 2020 Project Professor (Visiting), Tohoku University (current) Jul 2022 Outside Director, the Company (current) Jun 2024 Outside Director, Nippon Steel Corporation (current) Jun 2026 Outside Director, Idemitsu Kosan Co., Ltd. (current)
1971-06-21
Kazuto NOJIMA
Full-time Corporate Auditor
Apr 1982 Joined National Tabayashi Securities Co., Ltd. (currently SMBC Nikko Securities Inc.) Feb 2018 Joined Heisei Enterprise Co., Ltd.; General Manager, Internal Audit Office Dec 2019 General Manager, Corporate Planning Department, Heisei Enterprise Co., Ltd. Mar 2020 Joined the Company; Internal Audit Office Oct 2020 Corporate Auditor, the Company (current)
1959-07-06
Takayuki MIYAZAKI
Corporate Auditor
Dec 2005 Joined Shin Nihon LLC (currently EY ShinNihon LLC) Oct 2011 Joined Partners Consulting Co., Ltd. Jan 2013 Founded Takayuki Miyazaki CPA Office; Representative (current) Aug 2014 Outside Director, Mirai Material Co., Ltd. Aug 2014 Outside Corporate Auditor, Silbird Inc. Jun 2017 Outside Director, J Creation Co., Ltd. Sep 2017 Outside Corporate Auditor, Reaxs Find Co., Ltd. Jan 2019 Founded Partners Gate Co., Ltd.; Representative Director (current) Sep 2019 Outside Corporate Auditor, the Company (current) Jul 2020 Outside Director, Reaxs Find Co., Ltd.
1979-10-16
Yoji KUDO
Corporate Auditor
Oct 2006 Joined Tokyo Hatchobori Law Office Oct 2016 Partner, Tokyo Hatchobori Law Office (current) May 2022 Outside Director, Imprex & Company Inc. (current) Jun 2022 Managing Director, Japan Student Athletics Federation (Public Interest Incorporated Association) (current) Jul 2022 Outside Corporate Auditor, the Company (current) Jun 2024 Corporate Auditor, Benesse Corporation (current) Jan 2025 Corporate Auditor, Benesse Style Care Group Co., Ltd. (current) Apr 2026 Outside Corporate Auditor, CareNet, Inc. (current) Apr 2026 Outside Corporate Auditor, Mamezou Co., Ltd. (current)
1976-04-20
Large Shareholding Reports
Resona Asset Management Co., Ltd.
2026-06-22
9.25%→8.05%
Resona Asset Management Co., Ltd.
2026-05-26
10.26%→9.25%
Asset Management One Co., Ltd.
2026-05-12
5.02%→2.61%
Resona Asset Management Co., Ltd.
2026-04-27
8.65%→10.26%
Takaomi TERASHIMA
2026-01-13
7.14%→4.11%
Asset Management One Co., Ltd.
2025-11-21
5.02%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-29
Annual Securities Report
Period: Jul 2025 – Jun 2026
TDnet
2026-08-14
Full-Year Earnings Flash
FY ending Jun 2026
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-05-26
Large Shareholding Report
TDnet
2026-05-15
Q3 Earnings Flash
FY ending Jun 2026
EDINET
2026-05-12
Large Shareholding Report
EDINET
2026-04-27
Large Shareholding Report
EDINET
2026-02-16
Semi-Annual Securities Report
Period: Jul 2025 – Jun 2026
EDINET
2026-01-13
Large Shareholding Report
EDINET
2025-11-21
Large Shareholding Report
TDnet
2025-11-14
Q1 Earnings Flash
FY ending Jun 2026
EDINET
2025-09-25
Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2025-05-15
Q3 Earnings Flash
FY ending Jun 2025
EDINET
2025-02-14
Semi-Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2024-11-14
Q1 Earnings Flash
FY ending Jun 2025
EDINET
2024-09-27
Annual Securities Report
Period: Jul 2023 – Jun 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-09-29
Annual Securities Report
Period: Jul 2022 – Jun 2023
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