Liquidation-designated · Scheduled delisting: 2026-11-11 JPX notice
Overview
Retail Trade

ART VIVANT CO.,LTD.

ART VIVANT is a Japan-based company primarily engaged in the sale of prints (hanga) and fine art works by contemporary and emerging artists from Japan, the United States, Europe, and China, distributed through self-organized exhibition events at hotels and event halls nationwide as well as through retail store formats. The company also operates a credit/installment sales facilitation business (financial services) and a hot yoga studio chain ('AMIIDA'), with 25 locations mainly in the Tokyo metropolitan area. Its competitive strength lies in over 30 years of expertise in establishing and developing the domestic print art market, making fine art accessible to a broader consumer base at price points typically ranging from JPY 500,000 to JPY 1,000,000.

Market Cap
¥17.2B
US$110M
EV
¥—B
Stock¥1,881▲+0.05%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
—
LTM EV/EBIT
—
LTM PER
10.9
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.3%pt
100
Oct 23, 25 – Oct 23, 26StockTOPIX
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Performance & Balance
Revenue 5Y (¥B)
10.3US$65.3M'22/310.7US$68.3M'23/311.0US$70.1M'24/310.7US$68.3M'25/312.7US$80.7M'26/3
EBITDA 5Y (¥B)
2.32US$14.8M'22/32.38US$15.2M'23/32.49US$15.8M'24/32.21US$14.1M'25/32.79US$17.8M'26/3
Net Income 5Y (¥B)
1.15US$7.32M'22/31.35US$8.62M'23/31.77US$11.2M'24/31.27US$8.06M'25/31.69US$10.7M'26/3
Capital Structure
60%
40%
EquityD/E 0.66xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
5.61US$35.7M7.76US$49.4M'22/37.78US$49.5M9.96US$63.4M'23/36.99US$44.5M10.5US$67.1M'24/38.09US$51.5M11.6US$74.1M'25/39.86US$62.8M10.6US$67.4M'26/3
Shareholders
Top 10 hold 90.1%
1
Tachibana Securities Co., Ltd.
39.93%
2
Katsu Corporation Ltd.
33.76%
3
MAGO CREATION Co., Ltd.
7.16%
4
Minoru KURITA
3.93%
5
Katsumi NOZAWA
2.61%
6
Fumiasa NOZAWA
1.02%
7
Takeshi NOZAWA
0.54%
8
Kazuya IWAMOTO
0.50%
9
Koji HIGUCHI
0.39%
10
INTERACTIVE BROKERS LLC
0.27%
Management
8 officers
Katsumi NOZAWA
Representative Director, Chairman and President
Nov 1984 Established the Company; Representative Director, President Nov 1996 Representative Director, President, Art Finance Co., Ltd. (now Double Rack Co., Ltd.) Aug 2000 Representative Director, Chairman, e-Pictures Co., Ltd. (now Arbivan Co., Ltd.) Jul 2001 Representative Director, Chairman, Tarasa Shima Spa & Resort Co., Ltd. Mar 2003 Representative Director, President, Tarasa Shima Spa & Resort Co., Ltd. Aug 2004 Representative Director, Chairman, Integral Beauty Co., Ltd. (now Tarasa Shima Spa & Resort Co., Ltd.) Mar 2006 Representative Director, Chairman, Junex Co., Ltd. (now Arbivan Co., Ltd.) Feb 2007 Director, Chairman, e-Junex Co., Ltd. (now Arbivan Co., Ltd.) Mar 2008 Representative Director, Honorary Chairman, Tarasa Shima Spa & Resort Co., Ltd. Mar 2009 Representative Director, Tarasa Shima Spa & Resort Co., Ltd.; Director, Double Rack Co., Ltd. Sep 2009 Representative Director, President, Double Rack Co., Ltd.; Representative Director, Chairman, Tarasa Shima Spa & Resort Co., Ltd.; Director, Karna Fitness & Spa Co., Ltd. Sep 2010 Representative Director, President, Karna Fitness & Spa Co., Ltd. Jun 2012 Advisor, the Company Jun 2014 Director, Chairman, the Company; Director, Chairman, Tarasa Shima Spa & Resort Co., Ltd.; Director, Chairman, Karna Fitness & Spa Co., Ltd.; Director, Chairman, Double Rack Co., Ltd. Jun 2015 Representative Director, Chairman, the Company Jun 2022 Representative Director, Chairman and President, the Company (current) Representative Director, Chairman and President, TSC Holistic Co., Ltd. (current) Representative Director, President, Double Rack Co., Ltd. (current) Representative Director, President, International Auction Systems Co., Ltd. Representative Director, Chairman, International Auction Systems Co., Ltd. (current)
1953-02-19
Kazuya IWAMOTO
Director
Apr 1979 Joined Skylark Co., Ltd. Apr 1982 Joined Orient Corporation Mar 1995 Branch Manager, Ibaraki Branch, Orient Corporation Oct 1996 Joined the Company; Manager, New Business Development Office Jul 1997 General Manager, Corporate Planning Department Jun 1998 Director, General Manager, Corporate Planning Department Apr 1999 Director, General Manager, Sales Department May 2000 Director, Head of Sales Division, General Manager, Sales Department and Acting Head of New Company Establishment Preparation Office Jun 2001 Director, in charge of R'Jenes Business Apr 2002 Director, General Manager, Management Planning Office Jul 2002 Established Finance Solutions Co., Ltd.; Representative Director, President Aug 2006 Established Reverse Co., Ltd.; Director Jul 2010 Representative Director, Chairman, Reverse Co., Ltd. Mar 2013 Advisor, the Company Jun 2013 Representative Director, President, the Company; Representative Director, President, Tarasa Shima Spa & Resort Co., Ltd.; Representative Director, President, Karna Fitness & Spa Co., Ltd.; Representative Director, President, Double Rack Co., Ltd. Oct 2013 Director, Double Rack Co., Ltd. Jun 2016 Special Advisor, the Company Jun 2017 Director, the Company (current) Director, TSC Holistic Co., Ltd. (current) Director, Double Rack Co., Ltd. (current) Director, International Auction Systems Co., Ltd. (current)
1956-01-01
Koji HIGUCHI
Director, General Manager, Administration Department
Apr 1995 Registered as Certified Public Accountant, Ogiwara Yasuo CPA Office Sep 2000 Joined SRL Medisearch Inc. Jun 2005 Joined Primo Japan Co., Ltd.; General Manager, Finance and Accounting Department Jul 2007 Joined e-Junex Co., Ltd. (now Arbivan Co., Ltd.); General Manager, Administration Department Sep 2010 Manager, Corporate Planning Office, the Company Jun 2012 General Manager, Administration Department and Head of Corporate Planning Office, the Company; Director, Tarasa Shima Spa & Resort Co., Ltd.; Director, Karna Fitness & Spa Co., Ltd.; Director, Double Rack Co., Ltd. (current); Director, International Auction Systems Co., Ltd. (current) Jun 2014 Director, General Manager, Administration Department and Head of Corporate Planning Office, the Company (current) Director, TSC Holistic Co., Ltd. (current)
1971-08-11
Takeshi NOZAWA
Director
Apr 2006 Joined Link and Motivation Inc. Mar 2010 Joined Rosas Co., Ltd. Apr 2013 Joined the Company, Office of the President Jun 2016 Director, General Manager, Human Resources Department and Head of Office of the President, the Company; Director, TSC Holistic Co., Ltd. (current) Mar 2017 Director, the Company (current); Director, Double Rack Co., Ltd. (current) Jun 2020 Director, President, International Auction Systems Co., Ltd. (current)
1982-12-27
Masato GOKURA
Outside Director
Apr 1985 Joined Dai Nippon Printing Co., Ltd. Sep 1988 Joined J. Walter Thompson Japan Ltd. May 1990 Joined Tokyu Agency Inc. Apr 2005 Joined Dentsu Adgear Inc. Apr 2015 Opened Consulting Office G; Representative (current) Jun 2021 Outside Director, the Company (current)
1962-02-11
Katsumi SONOKAWA
Full-time Outside Corporate Auditor
Apr 1973 Joined The Taiyo Kobe Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Sep 1990 Joined Kinman Securities Co., Ltd. (now Aizawa Securities Co., Ltd.) Jun 1993 Joined the Company; General Manager, Accounting Department Mar 1995 Joined Kyoto Kimono Yuzen Co., Ltd. (now Kyoto Kimono Yuzen Holdings Co., Ltd.); General Manager, Accounting Department Jun 1997 Director and General Manager, Accounting Department, Kyoto Kimono Yuzen Co., Ltd. Jun 2000 Managing Director, General Manager, Administration Division and Accounting Department, Kyoto Kimono Yuzen Co., Ltd. Jun 2010 Full-time Corporate Auditor, the Company Jun 2016 Full-time Outside Corporate Auditor, the Company (current)
1949-01-19
Fumiasa NOZAWA
Corporate Auditor
Apr 1955 Joined Rikuun Kizai Kogyo Co., Ltd. (renamed Japan Reclining Seat Co., Ltd.) Oct 1964 Secretariat, Corporate Reorganization Proceedings, Japan Reclining Seat Co., Ltd. (management participation in Nippon Hatsujo Co., Ltd.) Jun 1984 Director, General Manager, Administration Division, Japan Reclining Seat Co., Ltd. Jul 1990 Head of Isehara Development Preparation Office, Nippatsu Service Co., Ltd. Nov 1990 Joined the Company as Director Jun 1991 Senior Managing Director, General Manager, Administration Division May 1997 Senior Managing Director, Head of Corporate Planning Office and Head of Business Improvement Office Jun 1998 Advisor Jun 2001 Full-time Corporate Auditor, Dream Arts Inc. Jun 2002 Director, General Manager, Administration Division, the Company Jul 2002 Director, Art Finance Co., Ltd. (now Double Rack Co., Ltd.) Jun 2003 Corporate Auditor, Tarasa Shima Spa & Resort Co., Ltd. Aug 2004 Corporate Auditor, Integral Beauty Co., Ltd. (now Tarasa Shima Spa & Resort Co., Ltd.) Jun 2005 Corporate Auditor, Dream Arts Inc. Feb 2007 Corporate Auditor, e-Junex Co., Ltd. May 2010 Corporate Auditor, Bio Agri Co., Ltd. Jun 2016 Corporate Auditor, the Company (current) Aug 2016 Corporate Auditor, TSC Holistic Co., Ltd. (current)
1935-10-23
Shigeru YANAGIOKA
Corporate Auditor
Oct 2006 Registered as Attorney-at-Law Oct 2006 Joined Morita & Yamada Law Office Apr 2016 Opened Teramoto, Yanagioka & Kono Law Office Jun 2016 Outside Corporate Auditor, the Company (current) Mar 2019 Renamed Teramoto & Yanagioka Law Office
1974-06-30
Large Shareholding Reports
Maki Hiroyuki
2026-09-01
39.93%→0.00%
MAGO CREATION Corporation
2026-08-31
7.16%→0.00%
Hiroyuki MAKI
2026-08-18
40.13%→39.93%
Yugen Kaisha Katsu Corporation
2026-07-17
33.93%→33.76%
Annual report (as of 2026-03-31): 33.76%
MAGO CREATION Co., Ltd.
2026-03-31
2.73%
Annual report (as of 2026-03-31): 7.16%
MAGO CREATION Co., Ltd.
2026-03-30
7.19%
Annual report (as of 2026-03-31): 7.16%
MAGO Creation Co., Ltd.
2026-03-30
7.19%→7.16%
Hiroyuki MAKI
2025-12-11
39.95%→40.13%
Hiroyuki MAKI
2025-12-11
—
Hiroyuki MAKI
2025-11-10
38.86%→39.95%
Hiroyuki MAKI
2025-10-30
33.93%→38.86%
Hiroyuki MAKI
2025-10-22
32.42%→33.93%
Yugen Kaisha Katsu Corporation
2025-10-17
33.93%→33.93%
Annual report (as of 2026-03-31): 33.76%
Yugen Kaisha Katsu Corporation
2025-10-17
33.93%→33.93%
Annual report (as of 2026-03-31): 33.76%
Yugen Kaisha Katsu Corporation
2025-10-17
33.93%→33.93%
Annual report (as of 2026-03-31): 33.76%
Hiroyuki MAKI
2025-10-15
31.12%→32.42%
Hiroyuki MAKI
2025-10-09
29.74%→31.12%
Hiroyuki MAKI
2025-10-06
27.93%→29.74%
Hiroyuki MAKI
2025-09-30
15.58%→21.70%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Hiroyuki MAKI
2025-09-30
15.58%→21.70%
Hiroyuki MAKI
2025-09-30
21.70%→27.93%
Hiroyuki MAKI
2025-09-29
15.58%→15.58%
Hiroyuki MAKI
2025-09-29
15.58%→21.70%
Yugen Kaisha Katsu Corporation
2025-09-05
23.84%→33.93%
Annual report (as of 2026-03-31): 33.76%
Hiroyuki MAKI
2025-09-03
15.58%→15.58%
Hiroyuki MAKI
2025-09-02
15.58%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-01
Large Shareholding Report
EDINET
2026-08-31
Large Shareholding Report
EDINET
2026-08-26
公開買付報告書
EDINET
2026-08-18
Large Shareholding Report
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-17
Large Shareholding Report
EDINET
2026-07-13
公開買付届出書
EDINET
2026-07-13
意見表明報告書
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-03-31
Change Report
EDINETAmended
2026-03-30
Change Report
EDINET
2026-03-30
Large Shareholding Report
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-12-11
Change Report
EDINET
2025-12-11
Large Shareholding Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-11-10
Large Shareholding Report
EDINET
2025-10-30
Large Shareholding Report
EDINET
2025-10-22
Large Shareholding Report
EDINET
2025-10-17
Large Shareholding Report
EDINET
2025-10-17
Large Shareholding Report
EDINET
2025-10-17
Large Shareholding Report
EDINET
2025-10-15
Large Shareholding Report
EDINET
2025-10-09
Large Shareholding Report
EDINET
2025-10-06
Large Shareholding Report
EDINET
2025-09-30
Large Shareholding Report
EDINETAmended
2025-09-30
Change Report
EDINETAmended
2025-09-30
Change Report
EDINET
2025-09-29
Large Shareholding Report
EDINET
2025-09-29
Large Shareholding Report
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