Overview
Services

TDSE Inc.

TDSE Inc. is a Japan-based AI and data utilization consulting firm offering end-to-end services from DX/AI assessment and data analysis through AI system implementation and workforce training, targeting enterprises across manufacturing, finance, marketing, and other industries. The company operates two core business lines: a consulting business leveraging proprietary data science and AI expertise, and a product business distributing both proprietary AI products (TDSE series including TDSE Eye image analytics and TDSE KAIZODE text mining) and third-party AI platforms such as Quid, Cognigy, and Dify. TDSE's competitive strengths lie in its team—over 80% data scientists and engineers, with 90% holding graduate-level qualifications—and its track record supporting more than 200 client companies.

Market Cap
¥2.68B
US$17.1M
EV
¥0.57B
US$3.65M
Stock¥1,282▲+0.47%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.0
x
LTM EV/EBIT
2.5
x
LTM PER
14.2
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-39.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2.68BUS$17.1MMarket Cap0.00BUS$0.01M+ Debt2.11BUS$13.5M− Cash0.00BUS$0.00M− Inv. Sec.0.57BUS$3.65MEV
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Performance & Balance
Revenue 5Y (¥B)
1.72US$11.0M'22/32.42US$15.4M'23/32.52US$16.1M'24/32.70US$17.2M'25/33.01US$19.2M'26/3
EBITDA 5Y (¥B)
0.23US$1.44M'22/30.27US$1.75M'23/30.28US$1.81M'24/30.22US$1.41M'25/30.27US$1.71M'26/3
Net Income 5Y (¥B)
0.15US$0.94M'22/30.17US$1.07M'23/30.20US$1.28M'24/30.14US$0.87M'25/30.17US$1.11M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.61US$10.3M'22/31.78US$11.3M0.00US$0.02M'23/31.79US$11.4M0.00US$0.01M'24/31.96US$12.5M0.00US$0.01M'25/32.14US$13.7M0.00US$0.01M'26/3
Shareholders
Top 10 hold 53.7%
1
TECNOS JAPAN INCORPORATED
18.15%
2
Naohiko JOTANI
7.94%
3
Aioi Nissay Dowa Insurance Co., Ltd.
7.64%
4
NTT DATA Japan Corporation
7.64%
5
Noriko JOTANI
3.82%
6
SBI SECURITIES Co., Ltd.
2.78%
7
Rakuten Securities, Inc. (Joint Account)
1.68%
8
Naoki TOGAKI
1.57%
9
TDSE Employee Stock Ownership Association
1.28%
10
Shuji KAMIJIMA
1.22%
Management
7 officers
Naoki TOGAKI
Representative Director, President
Apr 2003 Joined Technos Japan Co., Ltd. Apr 2017 Deputy Head, Solution Center, Technos Japan Co., Ltd. Sep 2017 Executive Officer, Head of Engineering Group, TDSE Inc. Jul 2018 Executive Officer, General Manager of Technology and Sales, Engineering Group, TDSE Inc. Jan 2019 Executive Officer, General Manager of Technology, TDSE Inc. Feb 2019 Managing Executive Officer, General Manager of Technology, TDSE Inc. Jun 2019 Director, Managing Executive Officer, General Manager of Technology, TDSE Inc. Jul 2019 Director, Managing Executive Officer, General Manager of Technology, Head of Technology, TDSE Inc. May 2020 Director, Managing Executive Officer, TDSE Inc. Jun 2020 Representative Director, President, TDSE Inc. (current)
1981-01-21
Seiichi IKENO
Director, Managing Executive Officer
Feb 1997 Joined Alice F Co., Ltd. Sep 2000 Joined Unico Technos Co., Ltd. (now Nippon Ladd Co., Ltd.) Dec 2008 Joined Brain Child Co., Ltd. Feb 2014 Executive Officer, Head of Marketing & Sales Group, TDSE Inc. Jun 2018 Executive Officer, Head of Solution Group, TDSE Inc. Jan 2019 Executive Officer, General Manager of Technology, TDSE Inc. Jun 2019 Director, Managing Executive Officer, General Manager of Technology, TDSE Inc. Jul 2019 Director, Managing Executive Officer, Deputy General Manager of Technology, TDSE Inc. May 2020 Director, Managing Executive Officer, TDSE Inc. Jun 2022 Director, Managing Executive Officer, Head of Product Division, TDSE Inc. Apr 2025 Director, Managing Executive Officer, Head of Product Division; concurrently Deputy Head of AI Agent Division, TDSE Inc. Apr 2026 Director, Managing Executive Officer, Deputy Head of Data & AI-Driven Division; concurrently General Manager of Sales, Data & AI-Driven Division, TDSE Inc. (current)
1968-10-25
Kohei YUIZUKA
Director, Managing Executive Officer
Apr 2013 Joined Brain Child Co., Ltd. Apr 2014 Joined TDSE Inc. Apr 2018 General Manager, Data Science Group No. 5, Data Science Group Supervision, TDSE Inc. Feb 2019 Executive Officer, General Manager of Technology, General Manager of Data Science Group No. 3, TDSE Inc. Jul 2019 Executive Officer, General Manager of Technology, TDSE Inc. May 2020 Managing Executive Officer, General Manager of Technology; concurrently Technology Business Consulting, TDSE Inc. Jun 2022 Managing Executive Officer, Head of Consulting Division; concurrently General Manager of Technology, Consulting Division; concurrently General Manager of Data Science Group, Technology, Consulting Division, TDSE Inc. Feb 2023 Managing Executive Officer, Head of Consulting Division; concurrently General Manager of Data Science Group, Consulting Division, TDSE Inc. Jun 2023 Director, Managing Executive Officer, Head of Consulting Division; concurrently General Manager of Data Science Group, Consulting Division, TDSE Inc. Apr 2025 Director, Managing Executive Officer, Head of Consulting Division; concurrently Head of AI Agent Division, TDSE Inc. Apr 2026 Director, Managing Executive Officer, Head of Data & AI-Driven Division; concurrently General Manager of D3E, Data & AI-Driven Division, TDSE Inc. (current)
1983-09-27
Tatsuya MIYAMOTO
Director
Apr 1991 Joined Johnson & Higgins Japan K.K. (now Marsh Japan, Inc.) Apr 2001 Part-time Lecturer, Graduate School of Business Sciences, University of Tsukuba Oct 2001 Joined KPMG Business Assurance (now KPMG AZSA LLC) Aug 2004 Joined Oracle Japan K.K. Jul 2007 Representative Director, Yerba Buena Co., Ltd. Sep 2015 Part-time Lecturer, Faculty of Business Administration, Rikkyo University (current) Dec 2016 Audit & Supervisory Board Member, TDSE Inc. Jan 2019 Representative Director, Yerba Buena Co., Ltd. (current) Jun 2022 Director, TDSE Inc. (current) Feb 2024 Director, Jissen Lab. Initiative Co., Ltd.
1964-06-07
Eriko SAKURAI
Full-time Audit & Supervisory Board Member
Apr 1986 Joined Ota Showa Audit Corporation (now EY ShinNihon LLC) Jul 1990 Joined Wakodo Co., Ltd. Jul 1993 Joined Odai Accounting Office Dec 1999 Joined Technos Japan Co., Ltd. Apr 2013 Internal Audit Office, Technos Japan Co., Ltd. Jul 2016 Joined TDSE Inc., Administration Group Jan 2017 General Manager, Internal Audit Office, TDSE Inc. Jun 2022 Full-time Audit & Supervisory Board Member, TDSE Inc. (current)
1964-03-29
Yoshihiro TOKUGA
Audit & Supervisory Board Member
Apr 1987 Associate Professor, Faculty of Economics, Kyushu University Apr 1990 Visiting Researcher, Graduate School of Business Administration, University of Washington Apr 2000 Professor, Graduate School of Economics, Kyushu University Oct 2002 Professor, Graduate School of Economics, Kyoto University Apr 2006 Professor, Graduate School of Management, Kyoto University Apr 2012 Director of Graduate School of Management and Director of Education, Kyoto University Oct 2015 Vice President, Kyoto University Apr 2016 Part-time Member, Certified Public Accountants and Auditing Oversight Board, Financial Services Agency (current) Sep 2018 President, Japan Accounting Association Feb 2019 Chairman, Business Accounting Council, Financial Services Agency (current) Apr 2021 Professor Emeritus, Kyoto University (current); Visiting Professor, Graduate School of Management, Kyoto University; Project Professor, Office of Industry-Academia-Government Collaboration, Kyoto University Apr 2021 Trustee, Dean of Faculty of Economics and Business Administration, Professor, Kyoto University of Advanced Science Jun 2021 Audit & Supervisory Board Member, TDSE Inc. (current) Apr 2022 Advisor, Office of Industry-Academia-Government Collaboration (now Growth Strategy Headquarters), Kyoto University (current) Nov 2022 Vice President, Kyoto University of Advanced Science (current)
1955-12-06
Keisuke JOTANI
Audit & Supervisory Board Member
Apr 2007 Joined Toyo Business Engineering Co., Ltd. (now Business Engineering Co., Ltd.) Feb 2019 Joined EY ShinNihon LLC Sep 2021 Joined Ochanomizu Zeikei Tax Accountant Corporation as Partner Tax Accountant Jun 2022 Audit & Supervisory Board Member, TDSE Inc. (current) Apr 2023 Representative, Jotani Certified Public Accountant and Tax Accountant Office (current)
1984-05-04
Large Shareholding Reports
Technos Japan Co., Ltd.
2026-04-08
17.27%
Annual report (as of 2026-03-31): 18.15%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-05
株主総会招集通知
EDINET
2026-04-08
Large Shareholding Report
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
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
2023-06-26
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
2022-06-21
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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