Overview
Services

Writeup Co.,Ltd.

Writeup provides comprehensive management support services for small and medium-sized enterprises (SMEs) across Japan, leveraging internet and AI technologies. Its core offerings include the DX Solution Business (IT tool implementation support, subsidy/grant auto-diagnosis system 'J-System', DX-focused management consulting 'J-Consul', and a cooperative procurement network 'JD-Net') and a Content Business offering web marketing support including email marketing, social media activation, and content production. The company is increasingly pivoting toward AI SaaS development and co-creation services, partnering with sales-oriented firms to jointly develop and deploy AI-powered solutions for SMEs.

Market Cap
¥3.95B
US$25.2M
EV
¥1.62B
US$10.3M
Stock¥794▲+1.93%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.2
x
LTM EV/EBIT
3.6
x
LTM PER
16.4
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-91.7%pt
1001234
Oct 24, 25 – Oct 23, 26StockTOPIX
1Mar 25, 26Weekly Bunshun reported subsidy fraud issue
2Mar 26, 26Continued selling from subsidy fraud issue
3Apr 1, 26Stock rebound from subsidy fraud issue
4Aug 10, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
3.95BUS$25.2MMarket Cap0.00BUS$0.02M+ Debt2.20BUS$14.1M− Cash0.13BUS$0.82M− Inv. Sec.1.62BUS$10.3MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
2.78US$17.7M'22/32.22US$14.2M'23/32.78US$17.7M'24/34.00US$25.5M'25/33.53US$22.5M'26/3
EBITDA 5Y (¥B)
0.85US$5.41M'22/30.16US$1.03M'23/30.35US$2.24M'24/30.76US$4.86M'25/30.52US$3.32M'26/3
Net Income 5Y (¥B)
0.61US$3.86M'22/30.11US$0.70M'23/30.23US$1.47M'24/30.49US$3.09M'25/30.26US$1.65M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.48US$15.8M0.01US$0.03M'22/32.30US$14.7M'23/32.49US$15.9M0.01US$0.05M'24/32.77US$17.7M0.01US$0.04M'25/32.71US$17.3M0.00US$0.03M'26/3
Shareholders
Top 10 hold 72.0%
1
Takashi SHIRAISHI
48.35%
2
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
4.97%
3
Daiwa Securities Co. Ltd.
3.55%
4
Morgan Stanley MUFG Securities Co., Ltd.
3.46%
5
Goshi NIINUMA
3.12%
6
CHANGE Holdings,Inc.
2.26%
7
WILL FIELD CAPITAL PTE. LTD. (Standing Proxy: Mita Securities Co., Ltd.)
1.95%
8
Shigeo MAKITA
1.71%
9
Ueda Yagi Tanshi Co., Ltd.
1.62%
10
Writeup Co.,Ltd. Employee Stock Ownership Association
0.99%
Management
8 officers
Takashi SHIRAISHI
Representative Director, President
Apr 1997 Joined Nippon Telegraph and Telephone Corporation (now NTT, Inc.) Apr 2000 Seconded to Plala Networks Inc. (now NTT DOCOMO, INC.) Apr 2001 Joined CyberAgent, Inc. Apr 2002 Established Lightup Co., Ltd. (now the Company); Representative Director (current) Feb 2024 Director, AKARI Inc. (current)
1973-12-30
Toru MURAKOSHI
Director, in charge of Administration Group
Sep 1996 Joined Yoshida CPA Office (now Shonan Partners Tax Corporation) Mar 2001 Joined Tomen Cyber Business Corporation Sep 2004 Accounting Group Leader, Administration Division, same company May 2006 Joined the Company; Administration Group Manager May 2007 Director of the Company (current) Feb 2024 Representative Director, AKARI Inc. (current)
1973-03-16
Hironobu SATO
Director, in charge of i-Creation Group
Apr 2000 Worked as a freelance newspaper reporter and writer Jul 2005 Joined the Company Sep 2006 Manager, Editorial Group (now i-Creation Group), the Company Sep 2009 Director of the Company (current)
1977-10-07
Shinjiro YOSHIMOTO
Director, in charge of Media Group
Apr 1999 Joined PricewaterhouseCoopers Consulting Co., Ltd. (now IBM Japan, Ltd.) Apr 2001 Joined GALA, Inc. Dec 2003 Executive Officer, same company Oct 2005 Executive Officer, Softbrain Service Co., Ltd. May 2006 Statutory Auditor of the Company Jun 2012 Director of the Company (current)
1976-02-15
Hironaga YOSHIKAWA
Director
Jun 2000 Joined OPT Inc. (now Digital Holdings, Inc.) Jan 2010 Executive Officer, same company Jan 2013 Representative Director, Consumer First Inc. (now OPT Inc.) Feb 2015 Director of the Company (current)
1973-09-05
Toru NOMURA
Statutory Auditor
Apr 1984 Joined Nikkan Sports Printing Co., Ltd. (now Nikkan Sports Shimbun Tokyo Head Office Co., Ltd.) Sep 1992 Joined Cedic Co., Ltd. Apr 2001 Joined Nikkatsu Corporation Jun 2007 General Manager, Accounting Department, same company Jun 2021 Statutory Auditor of the Company (current)
1960-08-19
Takao OKUMO
Statutory Auditor
Nov 1999 Joined Beck One Partners General Office (current) Mar 2000 Registered as Judicial Scrivener Oct 2007 Opened Okumo Judicial Scrivener Office (current) Jun 2012 Statutory Auditor of the Company (current) Oct 2020 Statutory Auditor, INDUSTRIAL-X Inc.
1976-01-17
Misaho TAKAGI
Statutory Auditor
Dec 2017 Registered as Attorney-at-Law; joined Miyake, Ushijima & Imamura Law Office Aug 2020 Joined Daiichi Fuyo Law Office (current) Jun 2025 Statutory Auditor of the Company (current)
1991-07-23
Large Shareholding Reports
WILL FIELD CAPITAL PTE.LTD.
2026-02-24
5.01%→5.01%
WILL FIELD CAPITAL PTE.LTD.
2025-07-31
5.01%
WILL FIELD CAPITAL PTE.LTD.
2025-07-29
5.01%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-02-24
Large Shareholding Report
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
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-07-31
Change Report
EDINET
2025-07-29
Large Shareholding Report
EDINET
2025-06-27
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
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
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
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-27
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
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →