Overview
Services

AHC GROUP INC.

AHC Group operates three core segments: welfare services (disability support including after-school day services, employment support, group homes, and life-care facilities for individuals with intellectual and developmental disabilities), elderly care services (day-care centers focused on physical rehabilitation and functional maintenance for certified care recipients), and restaurant operations (Japanese dining concepts in Tokyo). The group serves vulnerable populations across Japan through a network of over 90 welfare and care facilities under multiple regional brands. Its competitive strength lies in comprehensive, integrated service delivery across the disability and elderly care continuum, combined with a licensing and franchise model that supports third-party operators.

Market Cap
¥2.90B
US$18.5M
EV
¥5.02B
US$32.0M
Stock¥1,419▼-0.21%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
21.6
x
LTM EV/EBIT
41.9
x
LTM PER
580.2
x
LTM PBR
2.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+41.4%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 15, 26Q2 FY2026/11 earnings announced
MC → EV Bridge
2.90BUS$18.5MMarket Cap4.28BUS$27.3M+ Debt2.07BUS$13.2M− Cash0.08BUS$0.51M− Inv. Sec.5.02BUS$32.0MEV
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Performance & Balance
Revenue 5Y (¥B)
4.11US$26.2M'21/114.90US$31.3M'22/115.92US$37.7M'23/116.27US$40.0M'24/116.66US$42.5M'25/11
EBITDA 5Y (¥B)
-0.17-US$1.05M'21/11-0.13-US$0.80M'22/110.13US$0.80M'23/110.24US$1.56M'24/110.21US$1.36M'25/11
Net Income 5Y (¥B)
0.00US$0.01M'21/11-0.25-US$1.61M'22/110.07US$0.43M'23/110.10US$0.63M'24/110.00US$0.01M'25/11
Capital Structure
21%
79%
EquityD/E 3.70xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
2.49US$15.9M2.52US$16.1M'21/112.06US$13.1M3.10US$19.8M'22/112.05US$13.1M3.11US$19.8M'23/112.51US$16.0M3.90US$24.9M'24/112.52US$16.1M4.20US$26.8M'25/11
Shareholders
Top 10 hold 69.5%
1
YHC Co., Ltd.
27.69%
2
Yoshitaka ARAKI
22.12%
3
AHC GROUP INC. Employee Stock Ownership Association
3.27%
4
Shinsuke MURAMITSU
2.90%
5
Gakuritsu XUE
2.82%
6
G2 Co., Ltd.
2.63%
7
Kojiro YOSHIMOTO
2.15%
8
Rakuten Securities, Inc.
2.04%
9
SBI SECURITIES Co., Ltd.
2.00%
10
Yasumasa TANAKA
1.89%
Management
9 officers
Yoshitaka ARAKI
Representative Director, President
Apr 1998 Joined USHIO INC. Oct 2001 Joined Watami Co., Ltd. May 2007 Established Kaigo Japan Co., Ltd.; Representative Director Jul 2008 Established Ganbarism Co., Ltd.; Representative Director Jan 2010 Established the Company; Representative Director, President (current)
1975-05-19
Shigeta TSUCHIYAMA
Director, Vice President
Jun 1998 Joined Watami Co., Ltd. May 2007 Established Kaigo Japan Co., Ltd.; Director Jul 2008 Established Ganbarism Co., Ltd.; Director Jan 2010 Established the Company; Director Jun 2018 Director, Head of Administration Division Feb 2021 Director, Vice President, Head of Administration Division Feb 2023 Director, Vice President (current)
1973-07-01
Kojiro YOSHIMOTO
Director, Head of Care Division and Head of West Japan Welfare Division
Apr 2000 Joined FEACE Co., Ltd. Aug 2001 Joined Watami Co., Ltd. Mar 2008 Director, Kaigo Japan Co., Ltd. Jul 2008 Established Ganbarism Co., Ltd.; Director Jan 2010 Established the Company; Director Jul 2013 Representative Director, Kokoshia Co., Ltd. Feb 2017 Representative Director, Kaigo Japan Co., Ltd. (current) Dec 2017 Director, Head of Care Division (current) Sep 2022 Representative Director, RAISE Co., Ltd. (current) Sep 2022 Representative Director, CONFEL Co., Ltd. (current) Dec 2022 Director, Head of West Japan Welfare Division (current)
1977-09-22
Teruichi MUTO
Director, Head of Management Administration Division
Apr 1986 Joined Marui Co., Ltd. Feb 1997 Joined Funai Soken Inc. Aug 1999 Joined Watami Co., Ltd. Oct 2010 Joined ETOAM Co., Ltd. Apr 2016 Director, P.S.I. Co., Ltd.; Director, P.S. International Co., Ltd. Oct 2016 Joined the Company; Executive Officer, Head of Management Administration Department Feb 2020 Director, Head of Management Administration Department Feb 2023 Director, Head of Management Administration Division (current)
1964-02-10
Tomonori HAMADA
Director, Head of East Japan Welfare Division
Apr 2000 Joined Plaza Shoji Co., Ltd. Oct 2012 Joined the Company Jul 2016 Executive Officer, Head of Welfare Division Feb 2018 Director, Head of Welfare Division Dec 2022 Director, Head of East Japan Welfare Division (current) Oct 2025 Established A Next Works Co., Ltd.; Representative Director (current)
1976-09-08
Tatsuro TERABE
Director
Apr 1995 Joined Nissho Iwai Corporation Jul 2004 Representative Director, Rights and Business Management Japan Co., Ltd. (current) Feb 2012 Corporate Auditor, Lusro Japan Co., Ltd. (current) Mar 2012 Corporate Auditor, Lusro Gerais Co., Ltd. Jul 2013 Partner, WM Partners Co., Ltd. Feb 2017 Outside Director of the Company (current) Aug 2018 Corporate Auditor, Sonora Technology Co., Ltd. Oct 2018 Corporate Auditor, Sports X Co., Ltd. (current) Oct 2021 Outside Director, PRISM BioLab Co., Ltd. Apr 2024 Representative Director and Chairman, AC Fukushima United (current)
1972-03-15
Susumu YAMAGUCHI
Full-time Corporate Auditor
Apr 1974 Joined Humax Co., Ltd. Aug 1992 Joined Watami Co., Ltd. Aug 2003 Joined Sanko Marketing Foods Co., Ltd. Feb 2006 Joined Kosei Sangyo Co., Ltd. Sep 2010 Full-time Corporate Auditor, Sanko Marketing Foods Co., Ltd. Feb 2017 Corporate Auditor of the Company (current)
1950-07-21
Hiroki KONO
Corporate Auditor
Aug 2011 Registered as Certified Tax Accountant Sep 2011 Representative, Hiroki Kono Certified Tax Accountant Office (current) Sep 2015 Corporate Auditor, LIBERA Co., Ltd. (current) Jan 2017 Corporate Auditor, YK Tokyo Co., Ltd. (current) Apr 2017 Corporate Auditor of the Company (current)
1978-06-19
Teruki MURAYAMA
Corporate Auditor
Oct 2002 Registered as Attorney-at-law; joined Arai Law Office Jul 2014 Partner Attorney, Arai, Amami & Murayama Law Office (now Shiba-Koen Partners Law Office) (current) May 2017 Corporate Auditor of the Company (current) Apr 2024 Director, Mirai Challenge Project General Incorporated Association (current)
1971-10-09
Large Shareholding Reports
YHC Co., Ltd.
2026-08-25
26.78%→26.78%
Annual report (as of 2026-05-31): 27.69%
YHC Co., Ltd.
2025-10-21
27.11%→26.78%
Annual report (as of 2026-05-31): 27.69%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-15
Q3 Earnings Flash
FY ending Nov 2026
EDINET
2026-08-25
Large Shareholding Report
EDINET
2026-07-14
Semi-Annual Securities Report
Period: Dec 2025 – May 2026
TDnet
2026-07-14
Q2 Earnings Flash
FY ending Nov 2026
TDnet
2026-04-14
Q1 Earnings Flash
FY ending Nov 2026
EDINET
2026-02-25
Annual Securities Report
Period: Dec 2024 – Nov 2025
EDINET
2025-10-21
Large Shareholding Report
TDnet
2025-10-15
Q3 Earnings Flash
FY ending Nov 2025
EDINET
2025-07-14
Semi-Annual Securities Report
Period: Dec 2024 – Nov 2025
TDnet
2025-04-11
Q1 Earnings Flash
FY ending Nov 2025
EDINET
2025-02-28
Annual Securities Report
Period: Dec 2023 – Nov 2024
EDINETAmended
2024-10-15
Amended Annual Securities Report
Period: Dec 2021 – Nov 2022
EDINETAmended
2024-10-15
Amended Annual Securities Report
Period: Dec 2022 – Nov 2023
EDINETAmended
2024-10-15
Amended Annual Securities Report
Period: Dec 2020 – Nov 2021
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-04-12
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-02-28
Annual Securities Report
Period: Dec 2022 – Nov 2023
EDINET
2023-10-13
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-04-14
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-02-24
Annual Securities Report
Period: Dec 2021 – Nov 2022
EDINETAmended
2022-10-28
Amended Annual Securities Report
EDINETAmended
2022-10-28
Amended Annual Securities Report
EDINETAmended
2022-10-28
Amended Annual Securities Report
EDINET
2022-10-14
Quarterly Securities Report
EDINET
2022-07-14
Quarterly Securities Report
EDINET
2022-04-14
Quarterly Securities Report
EDINET
2022-02-28
Annual Securities Report
EDINET
2021-10-14
Quarterly Securities Report
EDINET
2021-07-14
Quarterly Securities Report
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