Overview
Services

AppBank Inc.

AppBank operates two core business segments: a Media Business and an IP & Commerce Business. The Media Business encompasses the operation of 'AppBank.net' (a smartphone and gaming information portal), video content production and distribution via YouTube, Niconico, and TikTok under the 'Max Muray Channel' brand, and a media co-creation planning business partnering with regional broadcasters. The IP & Commerce Business leverages IP collaboration with third-party content owners to drive food and merchandise sales through company-operated Japanese café stores ('YURINAN' series in Harajuku and Kamakura) and online channels, targeting anime, gaming, and pop-culture consumers.

Market Cap
¥1.84B
US$11.7M
EV
¥1.35B
US$8.61M
Stock¥73▼-6.41%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
2.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-86.7%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
1.84BUS$11.7MMarket Cap0.00BUS$0.01M+ Debt0.49BUS$3.15M− Cash0.00BUS$0.00M− Inv. Sec.1.35BUS$8.61MEV
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Performance & Balance
Revenue 5Y (¥B)
0.34US$2.18M'21/120.39US$2.47M'22/120.49US$3.12M'23/120.99US$6.34M'24/121.24US$7.92M'25/12
EBITDA 5Y (¥B)
-0.19-US$1.22M'21/12-0.27-US$1.73M'22/12-0.37-US$2.37M'23/12-0.23-US$1.49M'24/12-0.17-US$1.08M'25/12
Net Income 5Y (¥B)
-0.19-US$1.19M'21/12-0.29-US$1.84M'22/12-0.42-US$2.68M'23/12-0.24-US$1.52M'24/12-0.52-US$3.31M'25/12
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.24US$1.55M0.02US$0.12M'21/120.12US$0.78M0.01US$0.09M'22/120.08US$0.49M'23/120.07US$0.45M'24/120.74US$4.69M0.08US$0.51M'25/12
Shareholders
Top 10 hold 35.6%
1
PLANA Co., Ltd.
10.34%
2
musica Co., Ltd.
7.74%
3
Milestone Capital Management Co., Ltd.
5.53%
4
Rakuten Securities, Inc.
2.25%
5
Quantum Leap Co., Ltd.
1.98%
6
Ryota MORI
1.90%
7
JPMorgan Securities Japan Co., Ltd.
1.58%
8
Akio WATANABE
1.49%
9
Tomotake MURAI
1.42%
10
NOMURA INTERNATIONAL PLC A/C JAPAN FLOW (Standing Proxy: Nomura Securities Co., Ltd.)
1.39%
Management
7 officers
Hisahira MACHIDA
Representative Director, Chairman
Apr 1987 Joined Fuji Xerox Co., Ltd. (now Fujifilm Business Innovation Corp.) Apr 2000 General Manager, Systems Sales Group (in charge of Fukuoka and Kitakyushu areas), Fuji Xerox Apr 2001 General Manager, Account Sales Group (in charge of Kitakyushu area) Oct 2005 General Manager, Major Accounts Sales Group (Fukuoka area) Apr 2007 Transferred to Fuji Xerox Fukuoka Co., Ltd. (now Fujifilm Business Innovation Corp. Fukuoka Branch); General Manager, Private and Public Major Accounts Sales Department (Fukuoka area) Apr 2014 General Manager, Solutions Sales Department Apr 2020 General Manager, Fukuoka Public and Private Major Accounts Sales Division Feb 2025 Retired from Fujifilm Business Innovation Corp.; Contract Employee (current) Mar 2026 Representative Director, Chairman of the Company (current)
1965-01-03
Juzo SHIRAISHI
Representative Director, President
Apr 2006 Joined Jafco Co., Ltd. (now Jafco Group Co., Ltd.) Apr 2020 Joined the Company; General Manager, Administration Department and CFO Jul 2020 General Manager, Administration Division and CFO of the Company (current) Mar 2021 Director of the Company Mar 2021 Statutory Auditor, 3bitter Co., Ltd. (subsidiary) Mar 2021 Statutory Auditor, Theme Co., Ltd. (subsidiary; merged into the Company in Apr 2023) Mar 2024 Representative Director of the Company (current)
1982-02-01
Kazusada HAGIWARA
Director
Apr 1994 Joined Mitsubishi Corporation Jan 2001 Joined Sony Corporation (now Sony Group Corporation) Apr 2010 Founded musica Co., Ltd.; Representative Director (current) Apr 2015 Representative Director, nulo Co., Ltd. (current) Apr 2016 Representative Director, musica lab Co., Ltd. (current) Sep 2022 Partner, Quantum Leap Co., Ltd. (current) Mar 2024 Director of the Company (current)
1971-01-22
Tomohiro NAKAMURA
Director
Oct 1990 Joined Sony Corporation (now Sony Group Corporation) Feb 2010 Joined MISUMI Corporation Jun 2012 Founded Quantum Leap Asia Co., Ltd.; Representative Director (current) Jan 2018 Executive President and CEO, Quantum Leap Co., Ltd. Jun 2022 Representative Director, Quantum Leap Co., Ltd. (current) Mar 2024 Director of the Company (current)
1966-05-01
Masahiro MIYOSHI
Director, Audit and Supervisory Committee Member
Jan 2001 Joined PLANA Corporation Mar 2018 Representative Director, Hokkaido Sanchi Chokusou Center Co., Ltd. (current) Apr 2019 Representative Director, Sanchoku Co., Ltd. (current) Aug 2019 Representative Director, PLANA Co., Ltd. (current) Mar 2024 Director, Audit and Supervisory Committee Member of the Company (current)
1976-05-19
Taisuke OKAZAKI
Director, Audit and Supervisory Committee Member
Apr 1994 Joined The Tokyo Tomin Bank, Ltd. (now Kiraboshi Bank, Ltd.) Oct 2000 Joined Culture Convenience Club Co., Ltd. Jan 2004 Founded Fun Live Inc.; Representative Director Jan 2006 Director, CFO and General Manager, President's Office, C&C Media Co., Ltd. Oct 2007 Director and General Manager, Corporate Planning and Administration Division, Insight Technology Inc. Oct 2011 Director and Senior Executive Officer, in charge of Administration Division; General Manager, Administration Division, Escri Co., Ltd. Jul 2015 Managing Director and General Manager, President's Office, First Pacific Capital Ltd. Aug 2017 Representative Director, Tetsujin Keikaku Co., Ltd. Jan 2022 Director, Executive Officer and Vice President, Piers Co., Ltd. Nov 2022 Outside Director, ANAP Co., Ltd. Sep 2023 Director, STPR Co., Ltd. (current) Mar 2024 Director, Audit and Supervisory Committee Member of the Company (current) Jun 2024 Director, SUPER STATE HOLDINGS Inc. (current)
1971-04-25
Hitoshi IO
Director, Audit and Supervisory Committee Member
Apr 1986 Joined Ricoh Co., Ltd. Oct 1992 Joined Asahi Shinwa Audit Corporation (now Azsa LLC) Jul 2000 Opened Io Accounting Office (current) Jun 2008 Founded Mahoroba Audit Corporation; Senior Partner (current) Oct 2019 Statutory Auditor, Ginco Inc. (current) Dec 2019 Audit Committee Member, Sumida Ward (current) Mar 2023 Director, Audit and Supervisory Committee Member of the Company (current) May 2023 Statutory Auditor, Mac House Co., Ltd. (current)
1961-07-17
Large Shareholding Reports
musica Co., Ltd., Representative Director Kazuyoshi HAGIWARA
2026-06-15
7.49%→8.56%
PLANA Co., Ltd.
2025-12-22
12.29%→12.20%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-06-30): 10.34%
PLANA Co., Ltd.
2025-12-18
12.29%→12.20%
Annual report (as of 2026-06-30): 10.34%
PLANA Co., Ltd.
2025-11-28
—
Annual report (as of 2026-06-30): 10.34%
PLANA Co., Ltd.
2025-11-26
—
Annual report (as of 2026-06-30): 10.34%
PLANA Co., Ltd.
2025-11-25
—
Annual report (as of 2026-06-30): 10.34%
PLANA Co., Ltd.
2025-11-25
10.96%→12.29%
Annual report (as of 2026-06-30): 10.34%
Milestone Capital Management Co., Ltd.
2025-11-20
26.66%
Annual report (as of 2026-06-30): 5.53%
NOMURA INTERNATIONAL PLC
2025-09-18
5.72%→1.94%
musica Co., Ltd., Representative Director Kazuyoshi HAGIWARA
2025-09-16
8.56%→7.49%
musica Co., Ltd., Representative Director Kazuyoshi HAGIWARA
2025-09-10
8.56%
PLANA Co., Ltd.
2025-09-08
15.96%→10.96%
Annual report (as of 2026-06-30): 10.34%
NOMURA INTERNATIONAL PLC
2025-09-05
5.72%
Milestone Capital Management Co., Ltd.
2025-09-03
7.42%→4.28%
Annual report (as of 2026-06-30): 5.53%
PLANA Co., Ltd.
2025-09-03
10.96%
Annual report (as of 2026-06-30): 10.34%
Milestone Capital Management Co., Ltd.
2025-09-02
9.74%→7.42%
Annual report (as of 2026-06-30): 5.53%
Tomotake MURAI
2025-09-01
5.33%→3.03%
Annual report (as of 2026-06-30): 1.42%
Milestone Capital Management Co., Ltd.
2025-08-28
12.44%→9.74%
Annual report (as of 2026-06-30): 5.53%
Milestone Capital Management Co., Ltd.
2025-08-22
14.74%→12.44%
Annual report (as of 2026-06-30): 5.53%
Milestone Capital Management Co., Ltd.
2025-08-21
17.99%→14.74%
Annual report (as of 2026-06-30): 5.53%
Milestone Capital Management Co., Ltd.
2025-08-14
18.92%→17.99%
Annual report (as of 2026-06-30): 5.53%
Milestone Capital Management Co., Ltd.
2025-08-06
20.64%→18.92%
Annual report (as of 2026-06-30): 5.53%
Disclosures
M&A / Other
2026-09-02
Primary Source Filings
TDnet
2026-09-02
M&A / Other
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-13
Q2 Earnings Flash
FY ending Dec 2026
EDINETAmended
2026-06-15
Change Report
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-30
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2026-03-06
株主総会招集通知
EDINETAmended
2025-12-22
Change Report
EDINET
2025-12-18
Large Shareholding Report
EDINETAmended
2025-11-28
Change Report
EDINETAmended
2025-11-26
Change Report
EDINETAmended
2025-11-26
Change Report
EDINET
2025-11-25
Large Shareholding Report
EDINET
2025-11-20
Large Shareholding Report
TDnet
2025-11-13
Q3 Earnings Flash
FY ending Dec 2025
EDINETAmended
2025-11-10
Amended Securities Registration Statement
EDINET
2025-10-30
Securities Registration Statement
EDINET
2025-09-18
Large Shareholding Report
EDINETAmended
2025-09-16
Change Report
EDINET
2025-09-10
Large Shareholding Report
EDINETAmended
2025-09-08
Change Report
EDINET
2025-09-05
Large Shareholding Report
EDINET
2025-09-03
Large Shareholding Report
EDINET
2025-09-03
Large Shareholding Report
EDINET
2025-09-02
Large Shareholding Report
EDINET
2025-09-01
Large Shareholding Report
EDINET
2025-08-28
Large Shareholding Report
EDINET
2025-08-22
Large Shareholding Report
EDINET
2025-08-21
Large Shareholding Report
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
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