Overview
Services

Intimate Merger,Inc.

Intimate Merger operates Japan's largest-class Data Management Platform (DMP), 'IM-DMP,' which aggregates approximately 1 billion audience data points covering roughly 90% of Japan's internet browser population to enable precise consumer targeting and digital marketing optimization. The company provides data-driven marketing and DX (Digital Transformation) support across Ad Tech, Sales Tech, Fin Tech, and other cross-technology (X-Tech) verticals, leveraging proprietary AI analytics and real-time data collection of 4.5 billion records per day. In response to the evolving cookie-less environment, the company has developed privacy-compliant solutions including the universal ID solution 'IM-UID' and consent management platform 'IM-CMP,' positioning itself as a post-cookie data infrastructure provider.

Market Cap
¥3.26B
US$20.8M
EV
¥1.58B
US$10.1M
Stock¥1,038▲+0.97%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.2
x
LTM EV/EBIT
5.1
x
LTM PER
15.5
x
LTM PBR
1.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-46.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
3.26BUS$20.8MMarket Cap0.09BUS$0.54M+ Debt1.80BUS$11.5M− Cash0.00BUS$0.00M− Inv. Sec.0.03BUS$0.17M+ NCI1.58BUS$10.1MEV
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Performance & Balance
Revenue 5Y (¥B)
2.02US$12.9M'21/92.80US$17.9M'22/92.98US$19.0M'23/93.00US$19.1M'24/93.36US$21.4M'25/9
EBITDA 5Y (¥B)
0.05US$0.34M'21/90.10US$0.62M'22/90.14US$0.90M'23/90.09US$0.56M'24/90.23US$1.46M'25/9
Net Income 5Y (¥B)
0.03US$0.18M'21/90.07US$0.45M'22/90.10US$0.64M'23/90.06US$0.36M'24/90.15US$0.98M'25/9
Capital Structure
95%
EquityD/E 0.05xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.35US$8.62M0.10US$0.64M'21/91.46US$9.31M0.10US$0.64M'22/91.61US$10.3M0.10US$0.64M'23/91.62US$10.3M0.10US$0.64M'24/91.63US$10.4M0.10US$0.64M'25/9
Shareholders
Top 10 hold 67.2%
1
FreakOut Holdings,inc.
39.55%
2
Ryoji YANAJIMA
14.36%
3
SBI SECURITIES Co., Ltd.
3.06%
4
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
2.02%
5
INTAGE HOLDINGS Inc.
1.97%
6
SBI Shinsei Bank,Limited
1.59%
7
Rakuten Securities, Inc. (Joint Account)
1.50%
8
GMO CLICK Securities, Inc.
1.35%
9
CORE CORPORATION
1.08%
10
Makoto ISHII
0.68%
Management
6 officers
Ryoji YANAJIMA
Representative Director, President; Head of Data Business Division; Head of Corporate Communications Office; Head of Administration Division
Apr 2010 Joined GREE, Inc. Dec 2012 Joined FreakOut Inc. (now FreakOut Holdings, Inc.) Jun 2013 Founded the Company; appointed Representative Director, President (current) Mar 2020 Founded CreditScore Inc.; appointed Representative Director, President (current) Mar 2020 Appointed Director, Priv Tech Inc. Jun 2020 Appointed Head of Platform Business Division, the Company Jun 2021 Appointed Head of Corporate Communications Office, the Company (current) Nov 2023 Appointed Head of Data Business Division, the Company (current) Jul 2024 Appointed Head of Administration Division, the Company (current)
1984-04-23
Yuichi KIMURA
Director; Head of Development Division
Apr 2001 Joined Yahoo Japan Corporation (now LY Corporation) Jul 2010 Joined GREE, Inc. Apr 2015 Joined Yahoo Japan Corporation (now LY Corporation) Jun 2018 Joined PayPay Corporation Jul 2019 Joined the Company Nov 2019 Appointed Head of Development Division, the Company (current) Dec 2021 Appointed Director, the Company (current) Jul 2024 Appointed Director, CreditScore Inc. (current)
1976-01-27
Shunsuke TERAKADO
Director
Dec 2010 Registered with the Tokyo Bar Association Jan 2011 Joined TMI Associates Aug 2017 Joined Quinn Emanuel Urquhart & Sullivan, LLP Jan 2018 Joined Wikimedia Foundation, Inc. Jul 2018 Joined SORAINEN Aug 2018 Admitted to the New York State Bar Sep 2018 Returned to TMI Associates Oct 2018 Registered as a Registered Information Security Specialist Dec 2019 Appointed Director, TMI Privacy & Security Consulting Inc. (current) Apr 2020 Appointed Director, Japan Information Security Specialist Association (general incorporated association) Jun 2020 Appointed Industrial Advisor, Faculty of Data Science, Shiga University (current) Jan 2021 Appointed Partner, TMI Associates (current) Dec 2021 Appointed Director, the Company (current) Jun 2022 Appointed Outside Director (Audit and Supervisory Committee Member), RIZAP Group, Inc. (current) Feb 2024 Appointed Technical Committee Member, New Energy and Industrial Technology Development Organization (NEDO) (current) Apr 2024 Appointed Concurrent Faculty, Hitotsubashi University Law School (current)
1984-09-16
Mihoko ISHIZAWA
Full-time Audit & Supervisory Board Member
Apr 2009 Joined Inspire Inc. Apr 2015 Joined PwC Arata LLC (now PwC Japan LLC) Sep 2018 Appointed Audit & Supervisory Board Member, Apelza Inc. Dec 2020 Appointed Audit & Supervisory Board Member, the Company (current)
1984-09-17
Kotaro YOKOYAMA
Audit & Supervisory Board Member
Apr 2006 Joined Brainer Inc. Apr 2008 Joined Yahoo Japan Corporation (now LY Corporation) Jul 2011 Joined FreakOut Inc. (now FreakOut Holdings, Inc.) Jun 2012 Appointed Director, FreakOut Inc. (now FreakOut Holdings, Inc.) Jun 2013 Appointed Director, the Company Mar 2015 Appointed Director, M.T.Burn Co., Ltd. Dec 2015 Appointed Audit & Supervisory Board Member, the Company (current) Dec 2017 Appointed Director, BeGoodJapan Inc. (current) Dec 2017 Appointed Audit & Supervisory Board Member, Minna no Market Inc. (current) Jun 2018 Appointed Audit & Supervisory Board Member, WOVN Technologies Co., Ltd. (current) Aug 2018 Partner Executing Business, KOH LLC (current) Sep 2021 Appointed Director, Five Arrows Inc. (current)
1979-05-28
Izumi OSUGI
Audit & Supervisory Board Member
Dec 2008 Joined Ernst & Young ShinNihon LLC Dec 2014 Appointed Full-time Audit & Supervisory Board Member, IGNIS Inc. Dec 2015 Appointed Director (Audit and Supervisory Committee Member), IGNIS Inc. Jul 2017 Appointed Audit & Supervisory Board Member, Optimed Holdings Inc. Dec 2017 Appointed Audit & Supervisory Board Member, the Company (current) Dec 2017 Appointed Director (Audit and Supervisory Committee Member), Retty Inc. Jan 2018 Head, Osugi Certified Public Accountant Office (current) Feb 2025 Appointed Director, Japan Startup Audit & Supervisory Board Members Association (current) Mar 2025 Appointed Audit & Supervisory Board Member, My Vision Inc. (current) Jun 2025 Appointed Audit & Supervisory Board Member, mento Inc. (current) Sep 2025 Appointed Audit & Supervisory Board Member, Heraldboni Inc. (current)
1985-04-06
Large Shareholding Reports
Ryoji YANAJIMA
2025-12-10
13.84%→14.39%
Annual report (as of 2026-03-31): 14.36%
Ryoji YANAJIMA
2025-12-09
13.84%→14.39%
Annual report (as of 2026-03-31): 14.36%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-14
Q3 Earnings Flash
FY ending Sep 2026
EDINET
2026-05-15
Semi-Annual Securities Report
Period: Oct 2025 – Sep 2026
TDnet
2026-02-13
Q1 Earnings Flash
FY ending Sep 2026
EDINET
2025-12-22
Annual Securities Report
Period: Oct 2024 – Sep 2025
EDINETAmended
2025-12-10
Change Report
EDINET
2025-12-09
Large Shareholding Report
TDnet
2025-08-14
Q3 Earnings Flash
FY ending Sep 2025
EDINET
2025-05-15
Semi-Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-02-14
Q1 Earnings Flash
FY ending Sep 2025
EDINET
2024-12-23
Annual Securities Report
Period: Oct 2023 – Sep 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-12-21
Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINETAmended
2023-05-15
Amended Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-22
Annual Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-12-23
Annual Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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