Overview
Services

MATCHING SERVICE JAPAN CO.,LTD.

MS-Japan is a specialized recruitment and staffing firm focused exclusively on back-office and professional functions, including accounting, finance, HR, legal, corporate planning, and licensed professionals such as lawyers, CPAs, and tax accountants. The company operates its flagship recruitment agency 'MS Agent,' a direct recruiting platform 'MS Career,' and a media platform 'Manegy' targeting management and professional audiences. Its Australian subsidiary, FourQuarters Recruitment Pty. Ltd., provides recruitment and staffing services across finance, banking, technology, and HR sectors in Melbourne, Sydney, and Perth.

Market Cap
¥24.6B
US$157M
EV
¥19.3B
US$123M
Stock¥989▼-0.90%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.6
x
LTM EV/EBIT
11.6
x
LTM PER
24.4
x
LTM PBR
2.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-23.0%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
24.6BUS$157MMarket Cap0.21BUS$1.36M+ Debt2.76BUS$17.6M− Cash2.90BUS$18.5M− Inv. Sec.0.13BUS$0.85M+ NCI19.3BUS$123MEV
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Performance & Balance
Revenue 5Y (¥B)
3.76US$24.0M'22/34.29US$27.4M'23/34.57US$29.2M'24/37.47US$47.7M'25/37.65US$48.8M'26/3
EBITDA 5Y (¥B)
1.66US$10.6M'22/31.86US$11.9M'23/31.71US$10.9M'24/31.76US$11.2M'25/31.83US$11.7M'26/3
Net Income 5Y (¥B)
1.03US$6.58M'22/31.22US$7.80M'23/31.13US$7.23M'24/31.03US$6.58M'25/31.03US$6.59M'26/3
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
9.29US$59.2M'22/310.6US$67.7M'23/36.24US$39.8M0.10US$0.63M'24/35.76US$36.7M0.19US$1.19M'25/35.82US$37.1M0.21US$1.36M'26/3
Shareholders
Top 10 hold 63.5%
1
T&A Holdings Co., Ltd.
34.89%
2
Takahiro ARIMOTO
21.10%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.84%
4
MA Co., Ltd.
2.01%
5
Kiyoshi MURAKATA
0.34%
6
Custody Bank of Japan, Ltd. (Trust Account)
0.33%
7
Fukuda Shoji Ltd.
0.30%
8
Goldman Sachs Japan Co., Ltd. BNYM (Standing Proxy: MUFG Bank, Ltd.)
0.28%
9
MATCHING SERVICE JAPAN CO.,LTD. Employee Stock Ownership Association
0.22%
10
Daiwa Securities Co. Ltd.
0.19%
Management
7 officers
Takahiro ARIMOTO
Representative Director, Chairman, CEO
Mar 1985 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Apr 1990 Established the Company; Representative Director Jun 2015 Representative Director, President Apr 2023 Representative Director, Chairman and President, CEO Feb 2024 Director, FourQuarters Recruitment Pty. Ltd. (current) Jun 2025 Representative Director, Chairman, CEO (current)
1961-09-09
Masayuki FUJIE
Director, President, COO
Apr 2006 Joined the Company Nov 2013 Executive Officer, Head of Management Administration Office Jun 2015 Director, Head of Management Administration Department Apr 2017 Director, Head of Management Administration Division and Head of Corporate Planning Group Apr 2019 Director, Head of Management Administration Division and Head of Corporate Planning Office Jun 2019 Managing Director, Head of Management Administration Division and Head of Corporate Planning Office Jul 2020 Managing Director, Head of Media Business Division and Head of Corporate Planning Office Apr 2021 Managing Director, Head of Media Business Department and Head of Corporate Planning Office Apr 2022 Managing Director, Head of Business Management Division Apr 2023 Managing Director, COO Feb 2024 Director, FourQuarters Recruitment Pty. Ltd. (current) Jun 2025 Director, President, COO (current)
1980-06-28
Taku YAMAMOTO
Director, Vice President, CFO
Feb 2010 Joined Azsa LLC (formerly Azusa Audit Corporation) Sep 2013 Joined the Company Apr 2015 Manager, Accounting and Finance Unit, Management Administration Department Apr 2019 Manager, Administration Group, Management Administration Division Apr 2020 General Manager, Administration Department, Management Administration Division Jun 2020 Director, General Manager, Administration Department, Management Administration Division Jul 2020 Director, General Manager, Management Administration Department Apr 2022 Director, Management Administration Division Apr 2023 Director, CFO Jul 2023 Managing Director, CFO Feb 2024 Director, FourQuarters Recruitment Pty. Ltd. (current) Jun 2025 Director, Vice President, CFO (current)
1984-06-11
Minoru NISHIDA
Director
Apr 1987 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Apr 1990 Joined Recruit Seeds Staff Co., Ltd. (now Recruit Staffing Co., Ltd.) Oct 2003 Director, Head of Sales Division, Olifa Inc. Apr 2005 Executive Officer, Recruit Staffing Co., Ltd. Apr 2007 Director, Recruit Staffing Cities Co., Ltd. Apr 2010 Representative Director, Mates Co., Ltd. Apr 2011 Representative Director, Recruit FromA Casting Co., Ltd. Apr 2014 Advisor, Trust Tech Inc. (now OpenUp Group, Inc.) Sep 2014 Representative Director, President and COO, Trust Tech Inc. Jul 2016 Representative Director, President, Trust Tech Inc. Mar 2017 Director, Fusion Eye Inc. (now OpenUp IT Engineer Inc.) Dec 2017 Director, Gap Personnel Holdings Limited Aug 2018 Director, Quattro Recruitment Limited Jul 2019 Representative Director, B-Next Technologies Inc. Apr 2021 Representative Director, Chairman, Yumashin B-Next Group Co., Ltd. (now OpenUp Group, Inc.) Jul 2021 Representative Director, Chairman and CEO, OpenUp Group, Inc. Jun 2025 Outside Director, the Company (current) Jul 2025 Representative Director, Chairman, President and CEO, OpenUp Group, Inc. (current)
1963-03-17
Ikuko WADA
Director (Audit and Supervisory Committee Member)
Apr 1994 Joined Kinrei Corporation Jun 2004 Joined Aqua Clara Co., Ltd. Oct 2008 Joined Fractalist Inc. (now United Inc.) May 2012 Joined Freebit Co., Ltd. Jul 2014 Head of Group Management Administration Division, Freebit Co., Ltd. May 2016 Executive Officer, Freebit Co., Ltd. (current) Sep 2018 Director, ALC Co., Ltd. Jun 2020 Director, Gigaprize Inc. Jun 2020 Director, Freebit EPARK Healthcare Co., Ltd. (now Kusuri no Madoguchi Inc.) Jul 2020 Head of Group Corporate Planning Division, Freebit Co., Ltd. (current) Jul 2020 Director, Full Speed Inc. (current) Jul 2020 Director, Freebit Co., Ltd. (current) Nov 2023 Outside Director, Media Kobo Inc. (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member), the Company (current) Jun 2024 Audit & Supervisory Board Member, Gigaprize Inc. (current)
1971-07-17
Yoshimitsu OURA
Director (Audit and Supervisory Committee Member)
Apr 1977 Joined Nomura Securities Co., Ltd. Jun 2003 Managing Executive Officer, Nomura Securities Co., Ltd. and Executive Officer, Nomura Holdings, Inc. Mar 2009 Managing Executive Officer, JAFCO Co., Ltd. (now JAFCO Group Co., Ltd.) Apr 2013 Senior Managing Director, JAFCO Co., Ltd. Aug 2014 Representative Director, With Value Inc. (current) May 2015 Outside Director, Arbeit Times Co., Ltd. Jun 2015 Audit & Supervisory Board Member, the Company Jan 2016 Outside Director, Park24 Co., Ltd. (current) Jun 2016 Outside Director (Audit and Supervisory Committee Member), the Company (current) Sep 2017 Outside Director, Candil Co., Ltd. (current)
1954-07-08
Hidetaka SAKAMOTO
Director (Audit and Supervisory Committee Member)
Apr 2000 Joined Kitahama Chuo Law Office Mar 2003 Opened Mercury Sogo Law Office (now Mercury General Law Corporation) (current) Jun 2008 Audit & Supervisory Board Member, Seicrest Co., Ltd. Jun 2015 Audit & Supervisory Board Member, the Company Jun 2016 Outside Director (Audit and Supervisory Committee Member), the Company (current) Oct 2020 Audit & Supervisory Board Member, Trite Inc. Apr 2024 Audit & Supervisory Board Member, Sera Holdings Co., Ltd. (current) Apr 2025 Audit & Supervisory Board Member, GROWTH VERSE Inc. (current)
1973-07-24
Large Shareholding Reports
T&A Holdings Co., Ltd.
2026-10-07
34.69%→30.69%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-03-31): 34.89%
T&A Holdings Co., Ltd.
2026-09-24
34.69%→34.69%
Annual report (as of 2026-03-31): 34.89%
T&A Holdings Co., Ltd.
2026-09-24
34.69%→30.69%
Annual report (as of 2026-03-31): 34.89%
Disclosures
No disclosures
Primary Source Filings
EDINETAmended
2026-10-07
Change Report
EDINET
2026-09-24
Large Shareholding Report
EDINET
2026-09-24
Large Shareholding Report
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Sep 2024
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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