Overview
Services

Trenders,Inc.

Trenders, Inc. is a Japanese marketing company specializing in beauty (J-Beauty) and medical marketing services, supporting corporate clients with influencer marketing, TikTok marketing, EC (e-commerce) consulting, and digital media targeting the beauty and cosmetics sector. The company also operates in medical marketing, providing DX support for private-pay clinics and developing clinic-exclusive products. Additionally, the group conducts an investment business focused on growth-stage companies and businesses.

Market Cap
¥5.11B
US$32.6M
EV
¥8.80B
US$56.1M
Stock¥659▼-1.64%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.0
x
LTM EV/EBIT
11.8
x
LTM PER
27.5
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-43.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
5.11BUS$32.6MMarket Cap5.78BUS$36.9M+ Debt2.10BUS$13.4M− Cash0.00BUS$0.00M− Inv. Sec.8.80BUS$56.1MEV
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Performance & Balance
Revenue 5Y (¥B)
6.56US$41.8M'22/39.09US$58.0M'23/35.67US$36.2M'24/36.19US$39.5M'25/38.28US$52.8M'26/3
EBITDA 5Y (¥B)
0.62US$3.94M'22/31.05US$6.67M'23/30.82US$5.21M'24/31.02US$6.53M'25/30.77US$4.92M'26/3
Net Income 5Y (¥B)
0.40US$2.54M'22/30.71US$4.52M'23/30.48US$3.05M'24/30.60US$3.83M'25/30.22US$1.38M'26/3
Capital Structure
41%
59%
EquityD/E 1.43xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.61US$10.3M0.70US$4.46M'22/31.51US$9.65M0.80US$5.10M'23/33.21US$20.5M1.51US$9.63M'24/32.38US$15.2M2.22US$14.1M'25/34.78US$30.5M6.02US$38.4M'26/3
Shareholders
Top 10 hold 53.0%
1
istyle Inc.
31.58%
2
Custody Bank of Japan, Ltd. (Trust Account)
6.38%
3
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB; Standing Proxy: Nomura Securities Co., Ltd.)
3.18%
4
Premium Capital Management Co., Ltd.
2.31%
5
Ueda Yagi Tanshi Co., Ltd.
1.76%
6
Bell Investment Limited Partnership 1
1.73%
7
Takanobu YOSHIKAWA
1.60%
8
Daiwa Securities Co. Ltd.
1.57%
9
Fukuda Shoji Ltd.
1.55%
10
Shoai KAKU
1.34%
Management
8 officers
Ryoko KUROKAWA
Representative Director, President
Apr 1997 Joined Tokyo Style Co., Ltd. Oct 2000 Joined Tempstaff Co., Ltd. Sep 2004 Joined Dr. Kanako Co., Ltd. Aug 2006 Joined the Company Jul 2012 Appointed Executive Officer of the Company Jun 2014 Appointed Director of the Company Jun 2015 Appointed Director and Managing Executive Officer of the Company Jul 2017 Appointed Director, Vice President Executive Officer and COO of the Company May 2018 Appointed Director of BLT Co., Ltd. May 2018 Appointed Representative Director, President of MimiTV Co., Ltd. Jun 2019 Appointed Audit and Supervisory Board Member of BLT Co., Ltd. Apr 2020 Appointed Representative Director, President of the Company (current) Feb 2022 Appointed Director of Clemence Laboratory Co., Ltd. (current) Oct 2023 Appointed Director of International Art Makeup Therapy Association (General Incorporated Association) (current) Appointed Representative Director, President of Mimi Beauty Co., Ltd. (current) Sep 2024 Appointed Director of zenplus Co., Ltd. (current) Mar 2025 Appointed Director of Shirushi Co., Ltd. (current) Apr 2026 Appointed Director of EC no Shirushi Co., Ltd. (current)
1974-09-03
Hayato TANAKA
Director
Apr 2014 Joined the Company Apr 2018 Appointed Executive Officer and CFO of the Company Jun 2020 Appointed Director and CFO of the Company (current) Feb 2022 Appointed Director of Clemence Laboratory Co., Ltd. (current) Mar 2025 Appointed Director of zenplus Co., Ltd. (current) Dec 2025 Appointed Director of Shirushi Co., Ltd. (current) Jan 2026 Appointed Director of EC no Shirushi Co., Ltd. (current) Appointed Director of EC no Soudanshitsu Co., Ltd. (current)
1989-08-05
Morio ISHIKAWA
Director
Apr 2008 Joined SBI Holdings, Inc. Jan 2010 Established SBI Navi Co., Ltd. (now NaviPlus Co., Ltd.) Jun 2011 Joined Magaseek Co., Ltd. Jan 2014 Established TUKURU Co., Ltd. and appointed Representative Director, President Feb 2016 Joined Dinos Cecile Holdings Co., Ltd. and appointed CECO Nov 2019 Established Mr.Yook Co., Ltd. and appointed Representative Director (current) Jun 2020 Appointed Outside Director of the Company (current) Jul 2024 Appointed Representative Director and CEO of RESORT Co., Ltd. (current) Jan 2026 Appointed Representative Director of ROCK STONE WATER Co., Ltd. (current)
1984-07-31
Ryuji YOKOYAMA
Director
Apr 1982 Joined Asahi Tsushinsha Co., Ltd. (now ADK Holdings Inc.) Dec 1996 Appointed Representative Director and Vice President of Digital Advertising Consortium Inc. Jul 2008 Appointed Representative Director, President of ADK Interactive Inc. Apr 2011 Appointed Representative Director, President of Sixsight Ltd. (current) Jun 2011 Appointed Representative Director, President of Digital Intelligence Inc. Oct 2014 Appointed Director of Best in Class Producers Co., Ltd. (current) Jun 2022 Appointed Outside Director of the Company (current)
1958-09-29
Kensaku HAMADA
Director
Apr 2002 Joined Future System Consulting Co., Ltd. (now Future Corporation) Apr 2005 Joined istyle Inc. Sep 2006 Appointed Director of istyle Marketing Solutions Inc. Jul 2015 Appointed Executive Officer of istyle Inc. Jul 2018 Appointed Senior Vice President of istyle Inc. Jul 2021 Appointed Senior Executive Officer and CSO of istyle Inc. (current) Jul 2023 Appointed Chairman and General Manager of istyle China Co., Limited (current) Jun 2024 Appointed Outside Director of the Company (current)
1974-10-27
Shoai KAKU
Full-time Statutory Auditor
Apr 2002 Joined Mitsui & Co., Ltd. Jun 2007 Joined the Company Jun 2010 Appointed Director of the Company Jun 2015 Appointed Director and Managing Executive Officer of the Company Jun 2019 Appointed Director of BLT Co., Ltd. Apr 2020 Appointed Representative Partner of Tasuki LLC (current) Jun 2020 Appointed Full-time Statutory Auditor of the Company (current) Jun 2024 Appointed Outside Director of Ishin Co., Ltd. (current)
1978-07-29
Hiroshige HASHIOKA
Statutory Auditor
Apr 1991 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Apr 1998 Registered as attorney-at-law (Tokyo Bar Association) and joined Kuniyoshi Law Office Sep 2004 Appointed Outside Director of Golf Digest Online Inc. Jun 2007 Appointed Outside Statutory Auditor of United Arrows Ltd. Aug 2008 Established Vasco da Gama Law & Accounting Office; Partner Attorney (current) Mar 2009 Appointed Outside Statutory Auditor of Showa Joho Kiki Co., Ltd. Jun 2011 Appointed Outside Statutory Auditor of the Company (current) Jun 2011 Appointed Outside Statutory Auditor of A.P. Company Inc. (now A.P. Holdings, Inc.) Jun 2014 Appointed Outside Statutory Auditor of I-Freak Holdings Inc. (now I-Freak Mobile Inc.) Jul 2015 Appointed Outside Statutory Auditor of NuIl Immune Biotech Inc. (current) Jun 2018 Appointed Outside Director (Audit and Supervisory Committee Member) of Locoguide Inc. Oct 2021 Appointed Outside Director of Kufu Company Inc. (now Kufu Company Holdings Inc.) (current)
1967-01-23
Naoya SUGIYAMA
Statutory Auditor
Apr 1999 Joined NEC Corporation Jul 2004 Joined Macromill, Inc. Jan 2009 Established Kagers Co., Ltd. and appointed Representative Director, President (current) Apr 2012 Appointed Director of Dentsu Macromill Co., Ltd. Sep 2012 Appointed Director and General Manager of the Presidential Office of Macromill, Inc.; appointed Director of Korean subsidiary MACROMILL EMBRAIN Dec 2013 Appointed Director of Dentsu Macromill Insight Co., Ltd. Oct 2016 Appointed Outside Statutory Auditor of SATORI Inc. (current) Aug 2017 Appointed Representative Director, President of CMS Co., Ltd. (current) Nov 2018 Appointed Representative Director of Hachinohe DIME Co., Ltd. (current) Jun 2020 Appointed Outside Director of TANPAC Inc. (current) Mar 2021 Appointed Outside Director of Onoff Co., Ltd. (current) Mar 2024 Appointed Statutory Auditor of Plus Class Sports Incubation Inc. (current) Jun 2024 Appointed Outside Statutory Auditor of the Company (current)
1976-04-26
Large Shareholding Reports
Friendly Partners Co., Ltd.
2026-10-19
5.00%→5.08%
Friendly Partners Co., Ltd.
2026-10-16
5.00%
Disclosures
No disclosures
Primary Source Filings
EDINETAmended
2026-10-19
Change Report
EDINET
2026-10-16
Large Shareholding Report
TDnet
2026-08-14
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-30
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-14
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-08-05
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-14
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2024-02-14
Securities Registration Statement
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
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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