Overview
Services

LTS,Inc.

LTS Co., Ltd. is a Japan-based management and IT consulting firm that supports corporate transformation through Business Process Management (BPM), digital transformation (DX), and organizational change initiatives. The company offers professional services spanning business consulting, IT consulting, ERP implementation support, strategy formulation, data analytics, and human capital development across a wide range of industries. In addition, LTS operates a platform business centered on 'AssignNavi,' a professional cloud-sourcing marketplace that directly connects IT professionals with client companies seeking IT project resources.

Market Cap
¥7.41B
US$47.2M
EV
¥5.32B
US$33.9M
Stock¥1,682▼-2.15%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.4
x
LTM EV/EBIT
3.9
x
LTM PER
7.6
x
LTM PBR
1.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-48.7%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 14, 26Q2 FY2026/12 earnings announced; Board approved share buyback
MC → EV Bridge
7.41BUS$47.2MMarket Cap2.43BUS$15.5M+ Debt3.97BUS$25.3M− Cash0.55BUS$3.48M− Inv. Sec.5.32BUS$33.9MEV
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Performance & Balance
Revenue 5Y (¥B)
7.38US$47.0M'21/129.64US$61.5M'22/1212.2US$78.1M'23/1216.6US$106M'24/1217.1US$109M'25/12
EBITDA 5Y (¥B)
0.63US$4.01M'21/120.56US$3.60M'22/120.80US$5.07M'23/121.27US$8.09M'24/121.36US$8.70M'25/12
Net Income 5Y (¥B)
0.39US$2.47M'21/120.23US$1.48M'22/120.46US$2.91M'23/120.97US$6.21M'24/120.70US$4.44M'25/12
Capital Structure
67%
33%
EquityD/E 0.49xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.56US$16.3M0.97US$6.16M'21/123.15US$20.1M0.68US$4.35M'22/124.85US$30.9M5.19US$33.1M'23/126.01US$38.3M3.89US$24.8M'24/123.93US$25.0M2.92US$18.6M'25/12
Shareholders
Top 10 hold 58.0%
1
Hiroaki KABASHIMA
13.31%
2
CRESCO LTD.
6.81%
3
Masaki KANETO
5.68%
4
The Master Trust Bank of Japan, Ltd. (Trust Account)
5.61%
5
FPT Japan Holdings Co., Ltd.
5.00%
6
Atsushi TSUKAHARA
4.57%
7
Seiichi RI
4.54%
8
KAH Co., Ltd.
4.54%
9
Goldman Sachs Japan Co., Ltd.
4.54%
10
Seiichi Ri Office Co., Ltd.
3.41%
Management
7 officers
Hiroaki KABASHIMA
Representative Director, President and Executive Officer
Apr 1998 Joined ING Life Insurance Japan Ltd. (now NN Life Insurance Co., Ltd.) Jul 2000 Joined IQ3 Inc. Jun 2001 Joined Learning Technology Consulting Inc. Mar 2002 Established the Company; Director Dec 2002 Representative Director, President of the Company Apr 2019 Outside Director, Officebank Corporation (now HATARABA Inc.) Aug 2019 Representative Director, President, Assign Navi Inc. (now L.T.S Link Inc.) Oct 2019 Outside Director, Fixstars Corporation (current) Jan 2020 Representative Director, President and CEO of the Company; in charge of ICT Engineering Division, Group Management Promotion Office and Group Internal Audit Office Oct 2022 Director, L.T.S Link Inc. May 2023 Outside Director, Mercury Real Tech Innovator Inc. (now Mercury Inc.) (current) Dec 2023 Director, HCS Holdings Co., Ltd. (now Hibiya Computer System Corporation) Mar 2024 Representative Director, President and Executive Officer of the Company; in charge of Group Internal Audit Office and IR Promotion Office Aug 2024 Outside Director, NEXT ONE Inc. (current) Jan 2025 Representative Director, President and Executive Officer of the Company; in charge of Corporate Planning Division, Recruitment Promotion Department, Organization and Talent Development Department, General Affairs and HR Department, Group Internal Audit Office and President's Office Apr 2025 Representative Director, President and Executive Officer of the Company; in charge of HR Division Jan 2026 Representative Director, President and Executive Officer of the Company; Head of Human Resources Division (current)
1975-10-26
Seiichi RI
Director, Executive Vice President and Executive Officer
Apr 1998 Joined Andersen Consulting K.K. (now Accenture K.K.) May 2000 Joined IQ3 Inc. Jun 2001 Joined Learning Technology Consulting Inc. Mar 2002 Established the Company; Director Jan 2005 Director, Vice President of the Company May 2019 Director, Vice President and COO of the Company; in charge of Kansai Business Division and Management Administration Department Aug 2020 Director, Vice President and COO of the Company; in charge of Kansai Business Division Jan 2021 Director, Iotoi Japan Co., Ltd. Mar 2021 Director, Vice President of the Company; in charge of Kansai Business Division Jul 2021 Audit & Supervisory Board Member, Wakuto Co., Ltd. Jun 2022 Director, Wakuto Co., Ltd. (current) Dec 2023 Chairman of the Board, HCS Holdings Co., Ltd. (now Hibiya Computer System Corporation) Mar 2024 Director, Senior Executive Vice President of the Company; in charge of Finance and Accounting Department Mar 2024 Outside Director, Infomart Corporation (current) Dec 2024 Director, ME-Lab Japan Co., Ltd. (current) Jan 2025 Director, Senior Executive Vice President of the Company; in charge of Business Support Department and Finance and Accounting Department (current) Jan 2025 Director, L.T.S Link Inc. (current) Jan 2025 Director, Hibiya Computer System Corporation (current) Jan 2025 Director, Hibiya Resource Planning Co., Ltd. (current) Apr 2025 Director, Executive Vice President and Executive Officer of the Company; in charge of Admin/Finance Division Group (current) Apr 2025 Director, L.T.S Software Technology Co., Ltd. (current)
1975-11-17
Yu KAMEMOTO
Director, Executive Vice President and Executive Officer
May 2009 Joined Finch Japan K.K. Oct 2011 Joined the Company Jan 2017 General Manager, Business Development & Insights Department of the Company Jan 2018 Executive Officer, General Manager, Business Development & Insights Department of the Company Mar 2019 Director and Executive Officer, General Manager, Strategy & Insights Department of the Company Jan 2020 Director, Iotoi Japan Co., Ltd. Jan 2021 Director and Executive Officer, General Manager, Strategy & Execution Consulting Division of the Company; in charge of Strategy & Execution Consulting Division Mar 2021 Director, CSO and Executive Officer, General Manager, Strategy & Execution Consulting Division of the Company; in charge of Strategy & Execution Consulting Division Mar 2024 Director, Executive Vice President and Executive Officer of the Company; in charge of Consulting Business Division, Corporate Planning Department and Marketing & Sales Department Jan 2025 Director, Executive Vice President and Executive Officer of the Company; in charge of Strategy Consulting Business Division and Consulting Business Division; General Manager, Strategy Consulting Business Division; General Manager, Strategy & Management Consulting Business Department Jan 2026 Director, Executive Vice President and Executive Officer of the Company; General Manager, Strategy Consulting Business Division and Strategy & Management Consulting Business Department (current)
1980-08-08
Ryosuke UENO
Director, Executive Vice President and Executive Officer
Apr 2008 Joined the Company Jan 2017 General Manager, Business Consulting Division No. 2 of the Company Jan 2018 Executive Officer, General Manager, Business Consulting Division No. 2 of the Company Mar 2019 Director and Executive Officer, General Manager, Business Consulting Division No. 2 of the Company Jan 2020 Director of the Company; in charge of Business Consulting Division No. 1, Business Consulting Division No. 2 and Organization and Talent Development Department; Executive Officer, General Manager, Business Consulting Division No. 2 Mar 2021 Director, COO and Executive Officer of the Company; in charge of Business Consulting Divisions No. 1, No. 2 and No. 3 and Business Management Division; General Manager, Business Consulting Division No. 2 Mar 2024 Director, Senior Managing Executive Officer of the Company; in charge of ERP & EPM Business Division, Digital Business Division, KM Promotion Office, Information Systems Department, General Affairs and HR Department and Business Management Department; General Manager, Digital Business Division Jan 2025 Director, Senior Managing Executive Officer of the Company; in charge of Enterprise Transformation Business Division and Digital Business Division; General Manager, Digital Business Division Apr 2025 Director, Executive Vice President and Executive Officer of the Company; General Manager, Digital Business Division Jan 2026 Director, Executive Vice President and Executive Officer of the Company; General Manager, Digital Business Division, General Manager, DX Business Department and Head of Industrial Service Group (current)
1985-10-11
Fumio TAKEMURA
Director (Audit and Supervisory Committee Member)
Apr 1973 Joined International Business Machines Corporation Japan Ltd. (IBM Japan, Ltd.) Jan 2002 Director, IBM Japan, Ltd. Apr 2004 Executive Officer in charge of Industrial, Global Business Services, IBM Japan, Ltd. May 2006 Executive Officer in charge of Application Services, Global Business Services, IBM Japan, Ltd. Jan 2007 Senior Managing Director, IBM Japan Services Ltd. Apr 2008 President, JAL Infotec Co., Ltd. Nov 2011 Advisor, IBM Japan, Ltd. Sep 2014 Part-time Lecturer, Faculty of Knowledge Engineering, Tokyo City University Mar 2018 Full-time Audit & Supervisory Board Member of the Company Mar 2019 Director (Audit and Supervisory Committee Member) of the Company (current) Jun 2021 Outside Director, Sanko Co., Ltd. Jun 2022 Audit & Supervisory Board Member, Wakuto Co., Ltd. (current) Jun 2024 Director, Sanko Monozukuri Foundation (current)
1949-01-01
Naoki TAKAHASHI
Director (Audit and Supervisory Committee Member)
Apr 1985 Joined Nissan Motor Co., Ltd. Apr 1993 Qualified as attorney-at-law in New York State, USA Apr 1995 Joined White & Case LLP, Tokyo Office Feb 1998 Joined Coca-Cola (Japan) Co., Ltd. May 2000 Director and Senior Executive Vice President, IQ3 Inc. Aug 2001 Joined American International Group, Inc. Sep 2009 Director and Managing Executive Officer, AIG Japan Holdings K.K. Sep 2013 Audit & Supervisory Board Member, Fuji Fire and Marine Insurance Co., Ltd. Sep 2013 Audit & Supervisory Board Member, American Home Medical Insurance Co., Ltd. May 2015 Audit & Supervisory Board Member, JI Accident & Fire Insurance Co., Ltd. Dec 2016 Audit & Supervisory Board Member of the Company Sep 2018 Managing Partner, ATOZ Consulting LLC (current) Mar 2019 Director (Audit and Supervisory Committee Member) of the Company (current) Jan 2020 Audit & Supervisory Board Member, Iotoi Japan Co., Ltd. Mar 2021 Director, P.A. Co., Ltd. Jan 2025 Director, NAVIS Co., Ltd. (current) Apr 2025 Director, WINZ plus Co., Ltd. (current)
1961-04-26
Akiko KAWAZOE
Director (Audit and Supervisory Committee Member)
Apr 1998 Joined Tohmatsu Audit Corporation (now Deloitte Touche Tohmatsu LLC) Jul 2001 Registered as Certified Public Accountant Sep 2007 Established Akiko Kawazoe CPA Office; Office Head (current) Aug 2014 Joined Recruit Administration Co., Ltd. (now Recruit Co., Ltd.) Jul 2021 Partner, Hikari Audit Corporation (current) Mar 2024 Director (Audit and Supervisory Committee Member) of the Company (current) Nov 2025 Outside Audit & Supervisory Board Member, Daisho Co., Ltd. (current)
1975-11-13
Large Shareholding Reports
Seiichi LI
2026-03-12
4.91%→4.33%
Annual report (as of 2026-06-30): 4.54%
Hiroaki KABASHIMA
2025-12-16
14.36%→13.44%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-06-30): 13.31%
Hiroaki KABASHIMA
2025-12-16
13.44%→12.84%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-06-30): 13.31%
Hiroaki KABASHIMA
2025-12-15
13.44%
Annual report (as of 2026-06-30): 13.31%
Hiroaki KABASHIMA
2025-12-15
12.84%→12.84%
Annual report (as of 2026-06-30): 13.31%
Hiroaki KABASHIMA
2025-12-12
14.36%→13.44%
Annual report (as of 2026-06-30): 13.31%
Hiroaki KABASHIMA
2025-12-12
13.44%→12.84%
Annual report (as of 2026-06-30): 13.31%
Atsushi TSUKAHARA
2025-09-16
5.60%→4.36%
Annual report (as of 2026-06-30): 4.57%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-13
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-13
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-23
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2026-03-12
Large Shareholding Report
EDINETAmended
2025-12-16
Change Report
EDINETAmended
2025-12-16
Change Report
EDINETAmended
2025-12-15
Change Report
EDINETAmended
2025-12-15
Change Report
EDINET
2025-12-12
Large Shareholding Report
EDINET
2025-12-12
Large Shareholding Report
TDnet
2025-11-12
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-16
Large Shareholding Report
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-31
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINETAmended
2024-04-01
Amended Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2024-04-01
Annual Securities Report
Period: Jan 2023 – Dec 2023
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
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-24
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-15
Quarterly Securities Report
EDINETAmended
2022-08-15
Amended Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-17
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
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