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Overview

Information & Communication

Starts Publishing Corporation

Starts Publishing Corporation is a Japanese publishing and digital media company operating as the media division of the Starts Group (an 88-company conglomerate). The company operates two core segments: a Books & Comics Content business, which runs three user-generated novel platforms ('Noichigo,' 'Berry's Cafe,' and 'Novema!') and publishes targeted book and comic labels including Starts Bunko, Berry's Bunko, and Glast Comics; and a Media Solutions business, which delivers integrated marketing solutions for the Greater Tokyo market through women's lifestyle magazine 'OZ magazine,' free magazine 'Metro Minutes,' and the women's portal site 'OZmall,' combining media, premium restaurant/hotel/beauty reservations, SNS, and live events. The company leverages its editorial capabilities, media trust, and reader relationships to offer solution-based marketing services themed around 'female friend marketing,' targeting advertisers and lifestyle brands.

Market Cap

¥11.3B

US$72.3M

¥6.34B

US$40.4M

Stock¥2,977▲+0.20%

US$1 = ¥156.80 (2026-10-23)

LTM EV/EBITDA

4.0

LTM EV/EBIT

4.2

LTM PER

9.7

LTM PBR

1.0

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-48.5%pt

Oct 24, 25 – Oct 23, 26StockTOPIX

1Aug 7, 26Q2 FY2026/12 earnings announced

MC → EV Bridge

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Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

99%

EquityD/E 0.01xDebt

Liquidity vs Debt 5Y (¥B)▲ Net Cash

CashInv. Sec.Debt

Shareholders

Top 10 hold 82.9%

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

STARTS CORPORATION INC.

48.59%

Starts Amenity Co., Ltd.

20.42%

Kyuji MURAISHI

2.71%

MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)

2.57%

Takayuki TOGASHI

2.21%

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

1.64%

Starts Publishing Corporation Employee Stock Ownership Association

1.54%

Custody Bank of Japan, Ltd. (Trust Account)

1.54%

Tsuneji NAKADAI

0.83%

Tomohiro YOSHIDA

0.81%

Management

9 officers

Fuji SEKINE

Representative Director, President

Apr 2000 Joined the Company Apr 2009 Appointed Head of Business Development Office, Media Planning Division Apr 2014 Appointed General Manager, Osmall Restaurant Business Promotion Division Jun 2017 Appointed Executive Officer Mar 2020 Appointed Director (Executive Officer in charge of Osmall Division) Jun 2025 Appointed Managing Director (Executive Officer in charge of Media Solutions Division) Mar 2026 Appointed Representative Director, President (current)

1978-03-23

Hiroshi KANEKO

Managing Director, Head of Administration Division

Apr 1989 Joined Starts Co., Ltd. (now Starts Corporation Co., Ltd.) Nov 2000 Joined the Company Apr 2002 Appointed General Manager, General Affairs and Human Resources Division Apr 2006 Appointed Executive Officer, General Manager, General Affairs and Human Resources Division Apr 2010 Appointed Executive Officer, Head of Administration Division May 2013 Joined Starts Corporation Co., Ltd. Mar 2015 Appointed Director (Executive Officer in charge of Administration Division) Apr 2023 Appointed Managing Director, Head of Administration Division (current)

1965-12-28

Shunichi IMAIZUMI

Managing Director, Executive Officer in charge of Books and Content Division

Apr 2001 Joined the Company Aug 2017 Appointed General Manager in charge of Berry's Brand Group, Books and Content Division Apr 2018 Appointed General Manager, Second Editorial Department, Books and Content Business Division Aug 2019 Appointed General Manager, Books and Content Business Division Jun 2020 Appointed Executive Officer Mar 2022 Appointed Director (Executive Officer in charge of Books and Content Division) Jun 2024 Appointed Managing Director (Executive Officer in charge of Books and Content Division) (current)

1976-01-26

Atsushi KOBAYASHI

Director, Executive Officer in charge of Publishing Marketing Division

Apr 2005 Joined the Company Mar 2010 Appointed General Manager, Sales Department Apr 2018 Appointed General Manager, Publishing Marketing Group, Books and Content Business Division Jun 2024 Appointed Executive Officer Mar 2026 Appointed Director (Executive Officer in charge of Publishing Marketing Division) (current)

1974-01-14

Mineo FUKUDA

Director

Apr 1975 Joined Nihon Recruit Center Co., Ltd. (now Recruit Holdings Co., Ltd.) Jun 1999 Appointed Managing Director of the same company Jun 2002 Appointed Representative Director, President, Kadokawa Shoten Co., Ltd. Apr 2003 Appointed Senior Managing Director and COO, Kadokawa Holdings Co., Ltd. Jun 2006 Appointed Representative Director and Vice President, Jupiter Telecommunications Co., Ltd. Apr 2010 Representative Director, Office M Co., Ltd. (current) Mar 2011 Appointed Senior Managing Director, Jupiter Telecommunications Co., Ltd. Mar 2016 Appointed Director of the Company (current)

1951-11-04

Nobuyuki WATANABE

Full-time Corporate Auditor

Apr 1983 Joined Chiyoku Fudosan Co., Ltd. (now Starts Corporation Co., Ltd.) Apr 2000 Appointed Chiba West Area Manager, Pitat House Business Division, Starts Co., Ltd. (now Starts Corporation Co., Ltd.) Jul 2006 Appointed Head of Second Block, Navi Park Business Division, Starts Amenity Co., Ltd. Aug 2011 Appointed General Manager, Internal Audit Office, Starts Corporation Co., Ltd. Mar 2026 Appointed Corporate Auditor of the Company (current)

1960-12-01

Hisayuki MURAMATSU

Part-time Corporate Auditor

Apr 1989 Joined Starts Co., Ltd. (now Starts Corporation Co., Ltd.) Mar 1995 Appointed Corporate Auditor of the Company (current) Sep 1996 Appointed Corporate Auditor, Starts Research Institute Co., Ltd. (current) Apr 1998 Appointed Corporate Auditor, Housing Distribution Promotion Association (now Pitat House Network Co., Ltd.) (current) Jun 2011 Appointed Executive Officer, Starts Corporation Co., Ltd. Apr 2016 Appointed Managing Executive Officer, Starts Corporation Co., Ltd. Jun 2018 Appointed Director, Starts Corporation Co., Ltd. (current)

1966-12-19

Takashi KUBOTA

Part-time Corporate Auditor

Dec 2009 Registered as attorney-at-law; joined Sato Sogo Law Office Apr 2011 Joined Starts Corporation Co., Ltd. (current) Mar 2026 Appointed Corporate Auditor of the Company (current)

1978-07-29

Makoto NEMOTO

Part-time Corporate Auditor

Apr 1973 Joined Sumitomo Bank (now Sumitomo Mitsui Banking Corporation) Apr 1992 Appointed Branch Manager, Suitengu Branch, the bank Apr 2001 Appointed General Manager, Yokohama Central Corporate Sales Department, the bank Mar 2004 Appointed Director and General Manager, Human Resources Department, Quark Inc. Apr 2009 Appointed Executive Officer and General Manager, Human Resources Department, Cedyna Financial Corporation Jun 2010 Appointed Representative Director, President, Rising Career Development Co., Ltd. Jun 2013 Resigned as Representative Director, President, Rising Career Development Co., Ltd. Mar 2014 Appointed Corporate Auditor of the Company (current)

1950-07-10

Large Shareholding Reports

No filings

Disclosures

No disclosures

Primary Source Filings

EDINET

2026-08-07

Semi-Annual Securities Report

Period: Jan 2026 – Dec 2026

Starts Publishing Corporation

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