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Overview

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IMAGE MAGIC Inc.

Image Magic is a DX-driven on-demand print solutions company operating Japan's largest-scale Web-to-Print original goods creation service, 'OriginalPrint.jp,' offering approximately 1,900 apparel and miscellaneous items with fully automated order-to-shipment workflows. The company serves end consumers, creators, and corporate clients through two channels: its own flagship e-commerce sites and white-label backend fulfillment for partner companies. In addition, through its ODPS (On-Demand Print Solutions) business, the company provides cloud-based production management SaaS, design simulator-equipped EC platforms ('maker town'), and on-demand printing hardware to apparel manufacturers, printing companies, and other businesses seeking to build their own on-demand production lines.

Market Cap

¥3.68B

US$23.5M

¥3.25B

US$20.7M

Stock¥1,500▲+0.00%

US$1 = ¥156.80 (2026-10-23)

LTM EV/EBITDA

3.7

LTM EV/EBIT

5.5

LTM PER

9.8

LTM PBR

1.8

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-32.5%pt

Oct 24, 25 – Oct 23, 26StockTOPIX

1Feb 19, 26Strong annual earnings boost

2Aug 17, 26Q2 FY2026/12 earnings announced

MC → EV Bridge

AI Briefing

Generating insights…

Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

95%

EquityD/E 0.06xDebt

Liquidity vs Debt 5Y (¥B)▲ Net Cash

CashInv. Sec.Debt

Shareholders

Top 10 hold 72.9%

as of 2026-06-30 · Source: Annual Securities Report

JAPAN Creative Platform Group Co.,Ltd.

28.92%

Makoto YAMAKAWA

14.59%

Satoshi KYODA

8.56%

Custody Bank of Japan, Ltd. (Trust Account)

3.40%

CAB Co., Ltd.

3.36%

TOPPAN Inc.

3.30%

GMO Pepabo,Inc.

3.26%

TRANSACTION CO.,Ltd.

3.26%

Okasan Securities Co., Ltd.

2.18%

Plus One International Co., Ltd.

2.04%

Management

8 officers

Makoto YAMAKAWA

Representative Director, President, Head of Manufacturing Division and Head of Solution & Automation Division

Jun 1984 Joined Paloma Industries, Ltd. (currently Paloma Co., Ltd.) Feb 1986 Joined Nikken Corporation (rental) May 1995 Founded the Company; Representative Director, President Jul 2022 Representative Director, President and Head of Manufacturing Division Jul 2025 Representative Director, President, Head of Manufacturing Division and Head of Solution & Automation Division (current)

1966-02-27

Satoshi KYODA

Director, Head of Information & Communication Division

Apr 1995 Joined Forval Corporation Oct 2003 Joined CyberBird Co., Ltd. Jun 2008 Joined the Company; CFO and Head of Corporate Planning Office Jul 2009 Director, CFO and Head of Business Development Division May 2019 Director, CFO and Head of Sales Division Jan 2020 Director, CFO and Head of Information & Communication Division Jul 2020 Director, Head of Information & Communication Division (current)

1971-12-25

Hiroshi BONO

Director, Head of Development Division

Aug 1997 Joined Techmatrix Corporation Jul 2005 Joined CyberBird Co., Ltd. Mar 2009 Joined the Company May 2009 Head of Development Division, the Company Jul 2009 Director, Head of Development Division Jan 2020 Director, Head of Development Division and Head of Manufacturing Division Jul 2022 Director, Head of Development Division (current)

1974-01-10

Toshiyuki KURIHARA

Director, Head of Administration Division

Dec 2006 Joined Misuzu Audit Corporation Jul 2007 Joined Ernst & Young ShinNihon LLC (currently EY ShinNihon LLC) Jul 2010 Registered as Certified Public Accountant Jan 2014 Joined Grant Thornton Master's Trust Co., Ltd. (currently Master Trust Co., Ltd.) Apr 2015 Joined Solution Design Co., Ltd. Oct 2017 Joined Applies Co., Ltd. Jun 2020 Joined the Company; Head of Administration Division Jul 2020 Director, Head of Administration Division (current) Jul 2023 Outside Director, Real Quality Co., Ltd. (current)

1975-04-25

Kariya KAYAMORI

Director

Apr 1996 Joined Mitsubishi Corporation Jun 2003 Joined Globespan Capital Partners, Inc. Sep 2008 Outside Director, the Company Dec 2011 Retired as Outside Director, the Company Jan 2012 Joined SoftBank Group Corp. Nov 2014 Established QUOINE JAPAN K.K. (currently Custodiem K.K.); Representative Director and CEO Mar 2019 Established Liquid Group K.K. (currently FTX Japan Holdings K.K.); Representative Director and CEO Jul 2021 Outside Director, the Company (current) Nov 2023 Representative Director and CEO, ORO Bank

1973-10-04

Yosuke NOZAKI

Director, Full-time Audit and Supervisory Committee Member

Dec 2006 Joined Misuzu Audit Corporation Oct 2007 Joined Azsa LLC Jul 2010 Registered as Certified Public Accountant Jan 2016 Principal, Nozaki CPA Office (current) Jul 2022 Outside Director (Audit and Supervisory Committee Member), the Company (current)

1981-06-13

Mitsuru OZAKI

Director, Audit and Supervisory Committee Member

Oct 1989 Joined KPMG Peat Marwick Minato Audit Corporation (currently Azsa LLC) Sep 1993 Registered as Certified Public Accountant Oct 1993 Joined Nakajima CPA and Tax Accountant Office Apr 1998 Joined Kyoritsu Audit Corporation Apr 1998 Principal, Ozaki CPA Office (currently Activate Japan CPA Joint Office) Nov 1997 Representative Director, Activate Japan Consulting Co., Ltd. (current) Jun 2008 Representative Partner, Activate Japan Tax Corporation (current) Sep 2008 Auditor, the Company Jul 2009 Auditor, Livesense Inc. (current) Jun 2016 Auditor, GA technologies Co., Ltd. Dec 2016 Auditor, Best Effort Inc. (currently Last One Mile Co., Ltd.) Jul 2020 Head, Activate Japan CPA Joint Office (current) Jul 2022 Outside Director (Audit and Supervisory Committee Member), the Company (current) Nov 2023 Outside Director (Audit and Supervisory Committee Member), Last One Mile Co., Ltd. (current)

1964-09-29

Tetsuya OI

Director, Audit and Supervisory Committee Member

Apr 2000 Joined the Legal Training and Research Institute of the Supreme Court of Japan Oct 2001 Registered with Tokyo Bar Association; joined TMI Associates Jan 2011 Partner, TMI Associates (current) Nov 2013 Auditor, JIN Co., Ltd. (currently JINS Holdings Inc.) (current) Jul 2014 Auditor, Market Enterprise Co., Ltd. (current) Sep 2016 Director (Audit and Supervisory Committee Member), TechFirm Holdings Inc. (current) Dec 2019 Representative Director and President, TMI Privacy & Security Consulting Co., Ltd. (current) Jul 2021 Auditor, the Company Jul 2022 Outside Director (Audit and Supervisory Committee Member), the Company (current)

1972-01-05

Large Shareholding Reports

Makoto YAMAKAWA

2026-06-23

12.83%→11.98%