Overview
Services

GameWith,Inc.

GameWith, Inc. operates Japan's leading game information media platform 'GameWith,' providing game walkthrough guides, reviews, and related content to domestic and international users, monetized through network advertising and game publisher tie-up advertisements. The company also manages an esports division through its DetonatioN subsidiary, encompassing professional esports team operations and gaming content creator management, with diversified revenue streams including sponsorships, event promotions, prize winnings, and fan merchandise. Additionally, the company pursues new business initiatives including NFT gaming media and an esports-focused fiber optic broadband service (in partnership with Arteria Networks).

Market Cap
¥2.64B
US$16.8M
EV
¥0.37B
US$2.38M
Stock¥151▼-1.95%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-47.3%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 16, 26Full-year FY2026/05 earnings announced
2Oct 15, 26Q1 FY2027/05 earnings announced
MC → EV Bridge
2.64BUS$16.8MMarket Cap0.00BUS$0.00M+ Debt2.03BUS$13.0M− Cash0.23BUS$1.46M− Inv. Sec.0.37BUS$2.38MEV
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Performance & Balance
Revenue 5Y (¥B)
3.12US$19.9M'22/53.51US$22.4M'23/53.50US$22.3M'24/53.45US$22.0M'25/54.05US$25.8M'26/5
EBITDA 5Y (¥B)
0.24US$1.55M'22/50.36US$2.31M'23/50.09US$0.57M'24/5-0.17-US$1.08M'25/50.13US$0.81M'26/5
Net Income 5Y (¥B)
0.12US$0.75M'22/50.18US$1.14M'23/5-0.35-US$2.21M'24/5-0.24-US$1.50M'25/50.03US$0.16M'26/5
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
3.75US$23.9M0.93US$5.91M'22/53.40US$21.7M0.60US$3.81M'23/53.05US$19.5M0.30US$1.93M'24/52.38US$15.2M0.04US$0.29M'25/52.55US$16.3M'26/5
Shareholders
Top 10 hold 68.5%
1
Takuya IMAIZUMI
30.80%
2
ARTERIA Networks Corporation
21.15%
3
DIGITAL HEARTS HOLDINGS Co.,Ltd.
5.29%
4
Yoichiro OKUMURA
3.57%
5
Rakuten Securities, Inc. (Joint Account)
2.50%
6
SBI SECURITIES Co., Ltd.
1.46%
7
Yoshihisa YAMASHITA
1.13%
8
MATSUI SECURITIES CO.,LTD.
1.01%
9
Mikio MORI
0.95%
10
Ken INOUE
0.69%
Management
9 officers
Takuya IMAIZUMI
Representative Director, President and Executive Officer
Jun 2012 Director, COSMONAUTS Co., Ltd. Jun 2013 Founded the Company; Representative Director, President Jun 2020 Representative Director, President and Executive Officer, the Company (current) Nov 2021 Director, DetonatioN Co., Ltd. Feb 2026 General Manager, AI Promotion Office, the Company Jul 2026 Representative Director, DetonatioN Co., Ltd. (current)
1989-03-19
Hideyuki HIYOSHI
Director and Executive Officer, General Manager of Human Resources Department
Apr 1998 Joined Daisho Co., Ltd. Feb 2015 Joined Will Group, Inc. Apr 2018 Joined the Company Aug 2018 General Manager, General Affairs and Human Resources Department, the Company Aug 2019 Executive Officer, General Manager of Management Administration Department and General Manager of Human Resources Department, the Company Aug 2020 Director, @Wiki Co., Ltd. Sep 2020 Executive Officer, General Manager of Management Administration Department and General Manager of Legal and External Affairs Department, the Company Dec 2020 Representative Director, President, @Wiki Co., Ltd. Aug 2021 Director, @Wiki Co., Ltd. Sep 2021 Representative Director, President, GameWith NFT Co., Ltd. Apr 2022 Executive Officer, General Manager of Management Administration Department, General Manager of Legal and External Affairs Department and General Manager of Finance and Accounting Department, the Company Aug 2022 Director and Executive Officer, General Manager of Management Administration Department, General Manager of Legal Department and General Manager of Finance and Accounting Department, the Company Oct 2022 Director and Executive Officer, General Manager of Management Administration Department and General Manager of Finance and Accounting Department, the Company Dec 2022 Director and Executive Officer, General Manager of Management Administration Department, the Company Apr 2023 Director and Executive Officer, General Manager of Management Administration Department and General Manager of Recruitment Department, the Company Sep 2024 Director and Executive Officer, General Manager of General Affairs Department and General Manager of Recruitment Department, the Company Aug 2026 Director and Executive Officer, General Manager of Human Resources Department, the Company (current)
1975-05-03
Kaoru KUROTA
Director and Executive Officer, General Manager of Corporate Planning Office and Manager of Kyoto Branch
Apr 2000 Joined Benesse Corporation Jun 2007 Joined Rakuten, Inc. (now Rakuten Group, Inc.) Jan 2017 Joined MISUMI Corporation Feb 2020 Joined the Company; General Manager, Corporate Office Mar 2022 Director, GameWith ARTERIA Co., Ltd. (current) Jul 2022 Executive Officer, General Manager, Corporate Office, the Company Aug 2022 Representative Director, President, GameWith NFT Co., Ltd. Apr 2024 Executive Officer, General Manager, Corporate Office, and General Manager, ISP Business Division, the Company May 2025 Executive Officer, General Manager, Corporate Office, General Manager, ISP Business Division, and Manager, Kyoto Branch, the Company Jun 2025 Executive Officer, General Manager, Corporate Office, General Manager, Global Media Business Division, General Manager, External Billing Business Division, and Manager, Kyoto Branch, the Company Aug 2025 Director and Executive Officer, General Manager, Corporate Office, General Manager, Global Media Business Division, General Manager, External Billing Business Division, and Manager, Kyoto Branch, the Company (current) Sep 2025 Director and Executive Officer, General Manager, Corporate Planning Office, and Manager, Kyoto Branch, the Company (current) Aug 2026 @Wiki Co., Ltd. (current)
1976-05-27
Tomoyuki TAKEICHI
Director
Apr 1979 Joined The Shikoku Bank, Ltd. May 1996 Joined Square Co., Ltd. (now Square Enix Holdings Co., Ltd.) Jun 1996 Representative Director, President, Square Co., Ltd. May 2000 Representative Director, Chairman, Square Co., Ltd. Jun 2001 Representative Director, Dream Music Co., Ltd. Jun 2008 Representative Director, President, AQ Interactive Co., Ltd. (now Marvelous Inc.) Oct 2009 Founded Takeichi Communications Co., Ltd.; Representative Director, President (current) Mar 2012 Director, Aiming Inc. (current) Apr 2015 Audit & Supervisory Board Member, the Company Apr 2015 Director, SHIFT PLUS Co., Ltd. Oct 2015 Audit & Supervisory Board Member, UEI Solutions Co., Ltd. (now Alpha Code Co., Ltd.) May 2016 Director, the Company (current) Dec 2016 Director, Jimofuru Co., Ltd. Mar 2017 Director, UEI Solutions Co., Ltd. (now Alpha Code Co., Ltd.) Oct 2017 Director, Placeholder Inc. (now Litopla Inc.) (current) Jun 2018 Chairman of the Board, Alpha Code Co., Ltd. Mar 2021 Director, Air Closet Co., Ltd. (current) May 2025 Representative Director, Alpha Code Co., Ltd. (current) Mar 2026 Director, PEGASUS HOLDINGS Co., Ltd. (current)
1955-11-06
Koichi HAMAMURA
Director
Apr 1985 Joined ASCII Corporation (now KADOKAWA Corporation) Apr 2000 Representative Director, President, Enterbrain, Inc. (now KADOKAWA Corporation) Jun 2005 Director, Character & Animation.com Inc. (now KADOKAWA Corporation) May 2008 Director, Digital Media Association, General Incorporated Association (current) Apr 2009 Director, KADOKAWA Games Co., Ltd. Oct 2009 Representative Director, President, Kadokawa Contents Gate Inc. (now DWANGO Co., Ltd.) Apr 2013 Managing Director, Kadokawa Group Holdings, Inc. (now KADOKAWA Corporation) Oct 2014 Director, KADOKAWA DWANGO Corporation (now KADOKAWA Corporation) Jul 2017 Representative Director, President, GZ Brain Co., Ltd. (now KADOKAWA Game Linkage Corporation) Jan 2018 Director, Japan eSports Union, General Incorporated Association (current) Nov 2018 Senior Advisor for Digital Entertainment, Kadokawa Corporation (now KADOKAWA Corporation) (current) Aug 2019 Director, the Company (current) Dec 2020 Director, Snuggle Up Co., Ltd. May 2023 Director, Snuggle Up Solutions Co., Ltd.
1961-02-08
Kazuto OHASHI
Director
Apr 1989 Joined Marubeni Corporation Apr 1999 Seconded to Hewlett-Packard Solution Delivery K.K. Apr 2004 Seconded to Marubeni America Corporation Apr 2005 Seconded to VECTANT INC. (now Arteria Networks Corporation) Jan 2008 Returned to Marubeni Corporation Apr 2010 Director, Traffic Information Service Co., Ltd. (now Nihon Enterprise Co., Ltd.) May 2011 Seconded to Oki Network Integration Co., Ltd. (now Marubeni Network Solutions Corporation) Oct 2012 Returned to Marubeni Corporation; Director, Marubeni OKI Net Solutions Corporation (now Marubeni Network Solutions Corporation); Audit & Supervisory Board Member, Marubeni Access Solutions Corporation (now Arteria Networks Corporation) Apr 2013 Director, Arteria Networks Corporation Mar 2014 Representative Director, MAS Holdings Co., Ltd. Apr 2014 General Manager, ICT Service Business Department, Marubeni Corporation; Director, Marubeni Information Systems Co., Ltd.; Director, Eats Co., Ltd.; Director, Marubeni Wireless Communications Corporation (now Marubeni Network Solutions Corporation); Director, Marpless Communication Technologies (PTY) Ltd.; Audit & Supervisory Board Member, Marubeni IT Solutions Corporation; Audit & Supervisory Board Member, Arteria Networks Corporation Apr 2015 General Manager, ICT Business Division 1, Marubeni Corporation; Director, Marubeni IT Solutions Corporation; Director, TMJ Co., Ltd. Apr 2017 Seconded to Arteria Networks Corporation; Director and General Manager, Business Strategy Division Jun 2017 Director, Arteria Engineering Co., Ltd. (current); Representative Director, Arteria Interconnect Co., Ltd. Jul 2017 Director and Managing Executive Officer, General Manager, Business Strategy Division, Arteria Networks Corporation Apr 2018 Director and Managing Executive Officer, CMO, General Manager, Business Strategy Division, Arteria Networks Corporation Aug 2019 Managing Executive Officer, CMO, General Manager, Business Strategy Division, Arteria Networks Corporation; General Manager, Condominium Business Division and General Manager, Value Creation Department, Tsunagu Net Communications Co., Ltd. Apr 2020 Managing Executive Officer, CSO, Arteria Networks Corporation; Representative Director, President, Tsunagu Net Communications Co., Ltd. Apr 2021 Managing Executive Officer, CDO, General Manager, DX Business Division, Arteria Networks Corporation Mar 2022 Representative Director, President, GameWith ARTERIA Co., Ltd. Apr 2022 Director, Tsunagu Net Communications Co., Ltd. (current) Aug 2022 Director, the Company Apr 2024 Managing Executive Officer, General Manager, Business Strategy Division, Arteria Networks Corporation May 2024 Director, GameWith ARTERIA Co., Ltd. (current) Aug 2025 Director, the Company (current) Apr 2026 Senior Managing Executive Officer, General Executive, Business Strategy Division, Arteria Networks Corporation (current)
1963-06-15
Tomoyuki HANGAI
Standing Audit & Supervisory Board Member
Apr 1984 Joined Tohoku Nakatani Co., Ltd. Dec 1985 Joined Fukoku Mutual Life Insurance Company Mar 1991 Joined Nihon Investment Finance Co., Ltd. (now Daiwa Investment Corporation) Apr 2009 Representative Director, DS Capital Office Service Co., Ltd. Jan 2011 Audit & Supervisory Board Member, Extreme Co., Ltd.; Audit & Supervisory Board Member, Istpica Co., Ltd. May 2011 Audit & Supervisory Board Member, Real World Inc. (now Digital Plus Inc.) Oct 2013 Audit & Supervisory Board Member (part-time), Cross Games Co., Ltd. Jun 2014 Audit & Supervisory Board Member (part-time), Wanderlust Co., Ltd. Apr 2015 Audit & Supervisory Board Member, the Company (current) Oct 2015 Representative Director, President, Ambition Co., Ltd. Nov 2015 Audit & Supervisory Board Member (part-time), Kiheitai Co., Ltd. Mar 2016 Director (part-time), Ambition Co., Ltd. Dec 2016 Director, Audit and Supervisory Committee Member (part-time), Real World Inc. (now Digital Plus Inc.) Dec 2019 Audit & Supervisory Board Member, @Wiki Co., Ltd. (current) Oct 2020 Audit & Supervisory Board Member, Polyglots Co., Ltd. (current) Nov 2021 Audit & Supervisory Board Member, GameWith Contents Studio Co., Ltd. (current) Dec 2021 Audit & Supervisory Board Member, DetonatioN Co., Ltd. (current) Aug 2022 Audit & Supervisory Board Member, GameWith NFT Co., Ltd. (current) Jul 2023 Audit & Supervisory Board Member (part-time), Hyupro Co., Ltd. (current)
1959-02-13
Katsuya GOTO
Audit & Supervisory Board Member
Apr 1994 Joined Andersen Consulting (now Accenture Japan Ltd.) Apr 1998 Registered as attorney-at-law; joined Nagashima Ohno & Tsunematsu Jan 2001 Founded AZX Professionals Group; Partner, CEO (current) Sep 2005 Founded First Agent Co., Ltd. (now AZX Business Support Co., Ltd.); Representative Director, President (current) Dec 2005 Representative Director, Ajix Co., Ltd. (now AZX Group Co., Ltd.) (current) Apr 2013 Founded AZX Law Office (Legal Professional Corporation); Managing Partner (current) Apr 2015 Audit & Supervisory Board Member, the Company (current)
1971-09-15
Toru MORITA
Audit & Supervisory Board Member
Apr 1984 Joined The Mitsui Bank, Limited (now Sumitomo Mitsui Banking Corporation) Mar 1992 Joined Square Co., Ltd. (now Square Enix Holdings Co., Ltd.); General Manager, President's Office Jun 1996 Director and General Manager, President's Office, Square Co., Ltd. Jan 1998 Director and General Manager, Operations Department, Square Co., Ltd. Oct 2001 Joined Dream Music Co., Ltd.; General Manager, Management Administration Department Nov 2003 General Manager, General Affairs Department, Dream Music Co., Ltd. Mar 2005 General Manager, Administration Division and General Manager, Accounting Department, Dream Music Co., Ltd. Aug 2005 Managing Director, Dream Music Co., Ltd. Jun 2006 Director and General Manager, Administration Department, Dream Music Co., Ltd. Apr 2015 Director and General Manager, Production Management Department, Dream Music Co., Ltd. May 2016 Audit & Supervisory Board Member, the Company (current); Audit & Supervisory Board Member, Dream Music Co., Ltd. Jun 2017 Audit & Supervisory Board Member, Alpha Code Co., Ltd. (current) Jun 2021 Director and General Manager, Administration Department, Dream Music Co., Ltd. Jun 2026 Audit & Supervisory Board Member, Dream Music Co., Ltd. (current)
1961-12-23
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-14
Q1 Earnings Flash
FY ending May 2027
EDINET
2026-08-25
Annual Securities Report
Period: Jun 2025 – May 2026
TDnet
2026-07-15
Full-Year Earnings Flash
FY ending May 2026
TDnet
2026-04-08
Q3 Earnings Flash
FY ending May 2026
EDINET
2026-01-14
Semi-Annual Securities Report
Period: Jun 2025 – May 2026
TDnet
2025-10-15
Q1 Earnings Flash
FY ending May 2026
EDINET
2025-08-26
Annual Securities Report
Period: Jun 2024 – May 2025
TDnet
2025-04-09
Q3 Earnings Flash
FY ending May 2025
EDINET
2025-01-10
Semi-Annual Securities Report
Period: Jun 2024 – May 2025
TDnet
2024-10-09
Q1 Earnings Flash
FY ending May 2025
EDINET
2024-08-26
Annual Securities Report
Period: Jun 2023 – May 2024
EDINET
2024-04-10
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-01-10
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-11
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-08-24
Annual Securities Report
Period: Jun 2022 – May 2023
EDINET
2023-04-05
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-01-11
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-05
Quarterly Securities Report
EDINET
2022-08-25
Annual Securities Report
EDINET
2022-04-06
Quarterly Securities Report
EDINET
2022-01-05
Quarterly Securities Report
TDnet
2022-01-05
Q2 Earnings Flash
FY ending May 2022
EDINET
2021-10-06
Quarterly Securities Report
EDINETAmended
2021-09-10
Amended Annual Securities Report
EDINET
2021-08-26
Annual Securities Report
EDINET
2021-04-07
Quarterly Securities Report
EDINET
2021-01-06
Quarterly Securities Report
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