Overview
Services

adish Co.,Ltd.

Adish Co., Ltd. provides 'Customer Relation' services aimed at resolving issues arising in digital and social media environments, supporting healthy and comfortable online communities. Its core offerings include Growth Support Services (customer success consulting, social app support, and 24/7 internet monitoring) and Adoption Support Services (school cyberbullying monitoring 'School Guardian', fan community management, and AI-powered products such as chatbot 'hitobo', defamation detection 'matte', and SNS crisis management 'Pazu'). The company primarily targets internet startups and digital economy businesses, offering multilingual customer support in over 10 languages to serve clients expanding into overseas markets.

Market Cap
¥1.36B
US$8.65M
EV
¥1.03B
US$6.54M
Stock¥630▼-1.25%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
22.9
x
LTM EV/EBIT
38.0
x
LTM PER
30.8
x
LTM PBR
2.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-35.8%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
1.36BUS$8.65MMarket Cap0.29BUS$1.87M+ Debt0.62BUS$3.98M− Cash0.00BUS$0.00M− Inv. Sec.1.03BUS$6.54MEV
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Performance & Balance
Revenue 5Y (¥B)
2.99US$19.1M'21/123.42US$21.8M'22/123.52US$22.4M'23/123.59US$22.9M'24/123.70US$23.6M'25/12
EBITDA 5Y (¥B)
0.06US$0.41M'21/120.12US$0.74M'22/12-0.15-US$0.96M'23/12-0.11-US$0.73M'24/120.02US$0.13M'25/12
Net Income 5Y (¥B)
0.05US$0.31M'21/120.08US$0.49M'22/12-0.19-US$1.23M'23/12-0.12-US$0.73M'24/12-0.00-US$0.01M'25/12
Capital Structure
67%
33%
EquityD/E 0.50xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.63US$4.04M0.07US$0.42M'21/120.85US$5.41M0.20US$1.28M'22/120.56US$3.55M0.27US$1.73M'23/120.58US$3.69M0.49US$3.10M'24/120.55US$3.48M0.29US$1.83M'25/12
Shareholders
Top 10 hold 47.8%
1
Hiroki EDO
11.01%
2
SBI SECURITIES Co., Ltd.
6.74%
3
Gaiax Co.Ltd.
6.74%
4
Milestone Capital Management Co., Ltd.
6.29%
5
Kozo Partners Co., Ltd.
4.58%
6
Hammock Inc.
3.09%
7
COLOPL,Inc.
2.75%
8
Rakuten Securities, Inc. (Joint Account)
2.68%
9
Morgan Stanley MUFG Securities Co., Ltd.
1.96%
10
Monex, Inc.
1.94%
Management
8 officers
Hiroki EDO
Representative Director
Apr 2004 Joined GaiaX Co., Ltd. May 2011 Established GaiaX Asia Corporation (now adish International Corporation); Representative Director Jun 2012 Established GaiaX Interactive Solutions Co., Ltd. (now Adish Plus Co., Ltd.); Representative Director Nov 2012 Director, GaiaX Asia Corporation (now adish International Corporation) Oct 2014 Established the Company; Representative Director (current) Apr 2015 Director, Adish Plus Co., Ltd. (current) Apr 2015 Executive Officer, GaiaX Co., Ltd. Aug 2017 Chairman of the Board, adish International Corporation (current) May 2018 Director, National SNS Counseling Council (General Incorporated Foundation) (current)
1982-01-18
Takuma ISHIKAWA
Director
Jan 2009 Joined Cresco Communications Co., Ltd. Jun 2012 Director, GaiaX Interactive Solutions Co., Ltd. (now Adish Plus Co., Ltd.) Jul 2012 Joined GaiaX Co., Ltd.; Leader, Social App Support Business Oct 2014 Director, the Company Apr 2015 Representative Director, Adish Plus Co., Ltd. (current) Jan 2021 Director and Executive Officer, the Company; in charge of Service Delivery Business Division and Enablement Business Division Mar 2021 Executive Officer, the Company; in charge of Service Delivery Business Division and Enablement Business Division Mar 2022 Director, the Company (current) Oct 2023 Representative Director, General Incorporated Association Miyazaki frogs (current)
1972-11-22
Yoshikazu KUBO
Director, Executive Officer, General Manager of Finance and Planning Division
Apr 1988 Joined JESCO Co., Ltd. (now JESCO Holdings Co., Ltd.) May 1992 Joined Anfini Tokyo Co., Ltd. (now Kanto Mazda Co., Ltd.) Mar 2002 Joined Do Fine Co., Ltd. Jun 2005 Joined Konaya Co., Ltd. Apr 2016 Joined S.S.E. Co., Ltd. (now Rococo Co., Ltd.) Jul 2017 Joined the Company Jan 2022 Executive Officer, General Manager of Finance and Planning Division, the Company Mar 2024 Director, Executive Officer, General Manager of Finance and Planning Division, the Company (current)
1968-01-15
Hiroshi SAWA
Director
Apr 1991 Joined Fujitsu Limited Apr 2006 Joined Sojitz Corporation Jul 2007 Joined CSK-IS Co., Ltd. Aug 2008 Outside Director, E-License Co., Ltd. (now NexTone Inc.) Jul 2009 Representative Director, President and CEO, Datasection Co., Ltd. Apr 2013 Director, Solid Intelligence Co., Ltd. Apr 2015 Director, Weavers Co., Ltd. Feb 2016 Outside Director, Japan Data Exchange Co., Ltd. Aug 2016 Outside Director, Money Data Bank Co., Ltd. Apr 2018 Chairman of the Board, Datasection Co., Ltd. Jun 2018 Chairman, Datasection Co., Ltd. Oct 2018 Outside Director, Tranzax Co., Ltd. Oct 2018 Outside Director, Progress Co., Ltd. (now TOKYO BIG HOUSE Co., Ltd.) Dec 2018 Outside Director, Macbee Planet Co., Ltd. (current) Mar 2019 Established Estate Technologies Co., Ltd.; Representative Director (current) Oct 2019 Outside Director, ROBOT PAYMENT Co., Ltd. (current) Mar 2020 Outside Director, the Company (current) Jul 2020 Chief Adviser, Datasection Co., Ltd. Dec 2022 Outside Director, Digital Plus Co., Ltd. (current)
1969-01-28
Masato TAKAHASHI
Director
Apr 1982 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Sep 2007 Joined Rakuten, Inc. (now Rakuten Group, Inc.) Oct 2011 Managing Executive Officer, Rakuten, Inc. Jun 2013 Outside Director, LIFULL Co., Ltd. Jan 2019 Representative Director, HBIP Co., Ltd. (current) Mar 2021 Outside Director, the Company (current) Jun 2022 Outside Director, Will Group, Inc. (current) May 2023 Outside Director, property technologies Co., Ltd. (current) Oct 2023 Outside Audit & Supervisory Board Member, DeltaX Co., Ltd. (current) Dec 2025 Outside Director, Linet Japan Group Co., Ltd. (current)
1959-04-24
Osamu AKIBA
Full-time Audit & Supervisory Board Member
Apr 2000 Joined Recruit Staffing Co., Ltd. Sep 2015 Joined the Company Mar 2017 Full-time Audit & Supervisory Board Member, the Company (current)
1971-12-21
Yasushi MABUCHI
Audit & Supervisory Board Member
Oct 2002 Joined Lunes Sogo Law Office Aug 2010 Opened Yasushi Mabuchi Tax Accountant Office Jan 2014 Opened Minato Aoyama Law Office (current) Aug 2016 Representative Director, Minato Aoyama Co., Ltd. (now Legal Square Co., Ltd.) (current) Mar 2017 Outside Audit & Supervisory Board Member, the Company (current) Aug 2023 Head, Tokyo Office, Crescent Tax Corporation (current)
1974-05-11
Naho ISOMURA
Audit & Supervisory Board Member
Dec 2008 Joined Azsa LLC Dec 2012 Registered as Certified Public Accountant Dec 2017 Outside Audit & Supervisory Board Member, Cyber Buzz, Inc. Apr 2020 Established WEspoir LLC; Representative (current) Dec 2022 Outside Director (Audit and Supervisory Committee Member), Cyber Buzz, Inc. Mar 2023 Outside Audit & Supervisory Board Member, the Company (current) Mar 2024 Outside Audit & Supervisory Board Member, GVA TECH Co., Ltd. (current)
1986-01-08
Large Shareholding Reports
Kunihito Nakano
2026-10-16
8.78%→9.98%
Kunito Nakano
2026-09-18
7.62%→8.78%
Kunihito NAKANO
2026-07-28
5.17%→6.40%
Colopl, Inc.
2026-05-13
7.02%→2.77%
Annual report (as of 2026-06-30): 2.75%
Kunihito NAKANO
2026-04-23
5.17%→5.17%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Kunihito NAKANO
2026-04-23
5.17%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Kunihito NAKANO
2026-04-21
5.17%→5.17%
Milestone Capital Management Co., Ltd.
2026-04-10
6.55%→6.26%
Annual report (as of 2026-06-30): 6.29%
Kunihito NAKANO
2026-04-02
5.17%
Gaiax Co., Ltd.
2025-11-04
9.67%→6.87%
Annual report (as of 2026-06-30): 6.74%
Milestone Capital Management Co., Ltd.
2025-10-29
8.00%→6.55%
Annual report (as of 2026-06-30): 6.29%
Gaiax Co., Ltd.
2025-10-29
10.72%→9.67%
Annual report (as of 2026-06-30): 6.74%
Gaiax Co., Ltd.
2025-10-08
14.03%→10.72%
Annual report (as of 2026-06-30): 6.74%
Gaiax Co., Ltd.
2025-09-29
17.71%→14.03%
Annual report (as of 2026-06-30): 6.74%
Milestone Capital Management Co., Ltd.
2025-09-29
8.69%→8.00%
Annual report (as of 2026-06-30): 6.29%
Milestone Capital Management Co., Ltd.
2025-09-26
10.07%→8.69%
Annual report (as of 2026-06-30): 6.29%
Milestone Capital Management Co., Ltd.
2025-08-19
11.00%→10.07%
Annual report (as of 2026-06-30): 6.29%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-16
Large Shareholding Report
EDINET
2026-09-18
Large Shareholding Report
TDnet
2026-08-14
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
EDINET
2026-07-28
Large Shareholding Report
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-05-13
Large Shareholding Report
EDINETAmended
2026-04-23
Change Report
EDINETAmended
2026-04-23
Change Report
EDINET
2026-04-21
Large Shareholding Report
EDINET
2026-04-10
Large Shareholding Report
EDINET
2026-04-02
Large Shareholding Report
EDINET
2026-03-27
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-11-04
Large Shareholding Report
EDINET
2025-10-29
Large Shareholding Report
EDINET
2025-10-29
Large Shareholding Report
EDINET
2025-10-08
Large Shareholding Report
EDINET
2025-09-29
Large Shareholding Report
EDINET
2025-09-29
Large Shareholding Report
EDINET
2025-09-26
Large Shareholding Report
EDINET
2025-08-19
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
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINETAmended
2024-12-05
Amended Securities Registration Statement
EDINET
2024-11-29
Securities Registration Statement
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINETAmended
2024-04-01
Amended Annual Securities Report
Period: Jan 2023 – Dec 2023
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