beluuga.ai

Overview

Retail Trade

UNITED ARROWS LTD.

United Arrows Ltd. is a leading Japanese specialty apparel retailer that plans, selects, and sells menswear, womenswear, and related lifestyle products through a portfolio of 16 distinct store brands. Its core businesses include the flagship 'United Arrows,' 'Beauty & Youth United Arrows,' and 'United Arrows Green Label Relaxing' formats, targeting both the trend market (average spend ¥15,000+) and the mid-trend market (average spend ~¥10,000), with a total of 238 domestic stores as of March 2025. The company differentiates itself through a blend of curated select-shop merchandise from around the world and proprietary original products, delivered via high-quality in-store service and a compelling lifestyle proposition rooted in Japanese and Western traditional aesthetics.

Market Cap

¥73.1B

US$466M

¥75.3B

US$480M

Stock¥2,660▲+3.34%

US$1 = ¥156.80 (2026-10-23)

LTM EV/EBITDA

5.8

LTM EV/EBIT

7.7

LTM PER

10.8

LTM PBR

1.7

Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+11.0%pt

Oct 24, 25 – Oct 23, 26StockTOPIX

1Aug 7, 26Q1 FY2027/03 earnings announced

MC → EV Bridge

AI Briefing

Generating insights…

Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

89%

EquityD/E 0.12xDebt

Liquidity vs Debt 5Y (¥B)▼ Net Debt

CashInv. Sec.Debt

Shareholders

Top 10 hold 51.9%

as of 2026-03-31 · Source: Annual Securities Report

The Master Trust Bank of Japan, Ltd. (Trust Account)

12.01%

Custody Bank of Japan, Ltd. (Trust Account)

11.87%

Osamu SHIGEMATSU

8.34%

A.D.S Co., Ltd.

7.21%

JP JPMSE LUX RE UBSAG LONDON BRANCH EQ CO (Standing Proxy: MUFG Bank, Ltd.)

2.79%

JPMorgan Securities Japan Co., Ltd.

2.60%

STATE STREET BANK AND TRUST COMPANY 505301 (Standing Proxy: Mizuho Bank, Ltd.)

2.38%

Nomura Trust and Banking Co., Ltd. (Investment Trust Account)

1.60%

BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE (Standing Proxy: MUFG Bank, Ltd.)

1.55%

Mitsubishi UFJ Trust and Banking Corporation (Standing Proxy: The Master Trust Bank of Japan, Ltd.)

1.54%

Management

6 officers

Yoshinori MATSUZAKI

Representative Director, President and Executive Officer, CEO

Apr 1998: Joined the Company Oct 2005: General Manager, UA Sales Department, UA Division Apr 2008: Deputy Division Head, BY Division, and General Manager, Business Strategy Department Apr 2012: Division Head, BY Division, Integrated Business Division No. 1 Jul 2012: Executive Officer, Division Head, BY Division, Integrated Business Division No. 1 Apr 2014: Senior Executive Officer, Division Head, BY Division, Integrated Business Division No. 1 Apr 2018: Senior Executive Officer, Division Head, Business Division No. 1 Jun 2018: Director, Managing Executive Officer, Division Head, Business Division No. 1 Nov 2020: Director, Vice President and Senior Managing Executive Officer, Division Head, Business Division No. 1 Apr 2021: Representative Director, President and Executive Officer, CEO (current)

1974-02-22

Takeo NAKAZAWA

Director, Senior Managing Executive Officer, CFO

Jul 2004: Joined the Company Apr 2010: General Manager, Finance and Accounting Department, Administration Division Apr 2020: Executive Officer, in charge of Finance and Accounting Department and Planning and Management Department Apr 2021: Executive Officer, CFO, Division Head, Administration Division Jun 2023: Director, Managing Executive Officer, CFO, Division Head, Administration Division Apr 2026: Director, Senior Managing Executive Officer, CFO, Division Head, Administration Division (current) Apr 2026: Representative Director, President, TELMA Co., Ltd. (current)

1971-05-08

Kazuyasu TANAKA

Director, Senior Managing Executive Officer, COO

Nov 2008: Joined the Company; Deputy Division Head, UA Division, and General Manager, Women's Products Department, UA Division Apr 2013: Executive Officer, Division Head, First SBU, Integrated Business Division No. 1 Apr 2015: Executive Officer, Division Head, First SBU, Integrated Business Division No. 1, and Deputy Division Head, UA Division Apr 2016: Executive Officer, Division Head, UA Division Apr 2018: Executive Officer, Deputy Division Head, Business Division No. 1 Apr 2019: Senior Executive Officer, Deputy Division Head, Business Division No. 1 Apr 2021: Executive Officer, Division Head, Sales Division Apr 2022: Executive Officer, CMO, Head of New Business Development Office Jun 2023: Director, Managing Executive Officer, CMO, Head of New Business Development Office Oct 2023: Director, Managing Executive Officer, CMO, Division Head, Development Division Apr 2024: Director, Managing Executive Officer, Division Head, Development Division Jan 2026: Representative Director, President, TELMA Co., Ltd. Apr 2026: Director, Senior Managing Executive Officer, COO, Division Head, Development Division (current)

1967-03-17

Toru NISHIWAKI

Director, Audit and Supervisory Committee Member (Full-time)

Oct 2000: Joined Chuo Aoyama Audit Corporation Jul 2004: Joined the Ministry of Finance Aug 2007: Joined Nomura Securities Co., Ltd. Oct 2012: Joined Innovation Network Corporation of Japan (INCJ) Nov 2016: Joined Matsuoka Corporation Jun 2017: Managing Director, Head of IPO Promotion Office, Matsuoka Corporation Jun 2019: Representative Director, Vice President, CSO, Matsuoka Corporation Dec 2021: Joined Transaction Media Networks, Inc. Feb 2022: Managing Director, Head of Administration Division, Transaction Media Networks, Inc. Jun 2023: Senior Managing Director, Head of Administration Division, Transaction Media Networks, Inc. Jun 2024: Outside Director (Full-time Audit and Supervisory Committee Member), the Company (current) Sep 2024: Representative Director, Saro Advisory Co., Ltd. (current) Apr 2025: Director, Audit and Supervisory Committee Member (Outside), Hamee Corp. (current)

1975-07-27

Yusaku KURAHASHI

Director, Audit and Supervisory Committee Member

Dec 2007: Registered as attorney-at-law; joined Nakamura, Tsunoda & Matsumoto Sep 2013: Completed graduate program, University of Oxford (Law and Finance) Jan 2015: Partner, Nakamura, Tsunoda & Matsumoto Jun 2019: Outside Audit & Supervisory Board Member, Kanematsu Corporation (current) Jun 2020: Outside Director (Audit and Supervisory Committee Member), the Company (current) Apr 2023: Representative Attorney, Kurahashi Law Office (current) Mar 2024: Outside Audit & Supervisory Board Member, NISSHA Co., Ltd. (current) Jun 2024: Outside Audit & Supervisory Board Member, Mitsubishi Logistics Corporation (current)

1980-10-29

Shiho TAKANO

Director, Audit and Supervisory Committee Member

Apr 1987: Joined Meiji Dairies Corporation (now Meiji Co., Ltd.) Sep 1990: Joined Yves Saint Laurent Parfums K.K. Sep 1996: Joined Nippon Coca-Cola Co., Ltd. Apr 1998: Joined Boots MC K.K. Feb 2001: Japan Country General Manager, L'Occitane Japon K.K. Jan 2004: Representative Director, President, L'Occitane Japon K.K. Apr 2015: Representative Director, Chairman, L'Occitane Japon K.K. Apr 2016: Senior Advisor, L'Occitane Japon K.K. Mar 2017: Representative Director, President, Etoile Co., Ltd. (current) Jun 2018: Outside Director, Morinaga & Co., Ltd. Mar 2019: Outside Director, Fujita Kanko Inc. Jul 2021: Senior Advisor, Carlyle Japan LLC (current) Jun 2022: Outside Director (Audit and Supervisory Committee Member), the Company (current)

1964-06-20

Large Shareholding Reports

Sparx Asset Management Co., Ltd.

2026-10-02

5.00%