Overview
Real Estate

MAINICHI COMNET CO.,LTD.

Mainichi Comnet is a Tokyo-based company providing integrated real estate and student life solutions primarily targeting university students in the Greater Tokyo area. Its core Real Estate Solution business encompasses development of student-oriented rental housing (sublease model), property management and leasing, and renewable energy generation via solar power facilities. The company also operates a Student Life Solution business, offering extracurricular activity support (camp/training trip planning) and new graduate recruitment support services through its subsidiary Works Japan.

Market Cap
¥14.9B
US$95.0M
EV
¥15.6B
US$99.4M
Stock¥870▼-0.34%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.1
x
LTM EV/EBIT
5.2
x
LTM PER
7.7
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.0%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
14.9BUS$95.0MMarket Cap8.92BUS$56.9M+ Debt8.23BUS$52.5M− Cash0.25BUS$1.59M− Inv. Sec.0.26BUS$1.66M+ NCI15.6BUS$99.4MEV
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Performance & Balance
Revenue 5Y (¥B)
18.9US$120M'22/521.2US$136M'23/520.8US$132M'24/522.3US$142M'25/527.1US$173M'26/5
EBITDA 5Y (¥B)
2.40US$15.3M'22/52.75US$17.6M'23/53.03US$19.3M'24/53.33US$21.2M'25/53.76US$24.0M'26/5
Net Income 5Y (¥B)
1.11US$7.05M'22/51.38US$8.81M'23/51.48US$9.46M'24/51.60US$10.2M'25/51.89US$12.1M'26/5
Capital Structure
61%
39%
EquityD/E 0.65xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
6.06US$38.7M12.1US$76.9M'22/56.02US$38.4M11.9US$76.0M'23/56.98US$44.5M12.5US$79.8M'24/58.51US$54.3M13.1US$83.7M'25/59.45US$60.3M9.11US$58.1M'26/5
Shareholders
Top 10 hold 68.0%
1
KJ Holdings Co., Ltd.
25.17%
2
Mamoru ITO
13.32%
3
Toshinori HARA
13.32%
4
UH Partners 2 Limited Partnership for Investment
4.06%
5
MAICOM Mirai wo Ouen Gakusei Shogakukin Foundation (Public Interest Incorporated Foundation)
3.80%
6
MAICOM Hitori Kurashi Student Scholarship Foundation (Public Interest Incorporated Foundation)
3.80%
7
Custody Bank of Japan, Ltd. (Trust Account)
1.41%
8
Tsukasa ENDO
1.24%
9
Hiroyuki ONODA
0.96%
10
Hikari Tsushin KK Investment Limited Partnership
0.92%
Management
13 officers
Hiroyuki ONODA
Representative Director, President
Apr 1982 Joined Hikari Seisakusho Co., Ltd. May 1995 Joined Nihon Kyoiku Kenkyukai Co., Ltd. (now Tokyo Kobetsu Shidou Gakuin Co., Ltd.) Dec 1996 Joined the Company Feb 2000 Director and General Manager, Accounting Department, the Company Jun 2001 Director and General Manager, Administration Department, the Company Jun 2002 Director and General Manager, Administration Division, the Company; concurrently General Manager, Administration Department Jun 2003 Established Gakusei Service Plaza Co., Ltd. (now Mainichi Comnet Residential Co., Ltd.); Director Feb 2008 Managing Director and General Manager, Administration Division, the Company Jul 2012 Director, Works Japan Co., Ltd. (current) Aug 2014 Established Mainichi Comnet Green Power Co., Ltd.; Director Aug 2019 Senior Managing Director and General Manager, Administration Division, the Company Oct 2022 Representative Director, President (overseeing administration divisions), the Company (current) Oct 2022 Representative Director, Chairman, Mainichi Comnet Residential Co., Ltd. (current) Oct 2022 Representative Director, Chairman, Mainichi Comnet Green Power Co., Ltd. (current) Aug 2023 Established MAICOM Mirai wo Ouen Gakusei Shogakukin Foundation (now Public Interest Incorporated Foundation); Representative Director (current)
1961-09-03
Mamoru ITO
Director, Chairman
Apr 1979 Established Travel Do International Co., Ltd. (now Mainichi Comnet Co., Ltd.); Representative Director, President Jun 2003 Established Gakusei Service Plaza Co., Ltd. (now Mainichi Comnet Residential Co., Ltd.); Representative Director, President Sep 2013 Representative Director, Chairman, Mainichi Comnet Residential Co., Ltd. Aug 2014 Established Mainichi Comnet Green Power Co., Ltd.; Director (current) Oct 2022 Director, Chairman, the Company (current) Oct 2022 Director, Mainichi Comnet Residential Co., Ltd. (current) Aug 2023 Established MAICOM Hitori Kurashi Student Scholarship Foundation (now Public Interest Incorporated Foundation); Councilor (current)
1951-04-14
Toshinori HARA
Senior Managing Director
Apr 1979 Established Travel Do International Co., Ltd. (now Mainichi Comnet Co., Ltd.); Representative Director, Senior Managing Director Jun 2001 Representative Director, Senior Managing Director, Business Division, the Company Jun 2003 Established Gakusei Service Plaza Co., Ltd. (now Mainichi Comnet Residential Co., Ltd.); Representative Director, Senior Managing Director Sep 2010 Director, Works Japan Co., Ltd. Jul 2013 Director, Works Japan Co., Ltd. (current) Sep 2013 Director, Mainichi Comnet Residential Co., Ltd. (current) Aug 2014 Established Mainichi Comnet Green Power Co., Ltd.; Representative Director, Chairman Oct 2022 Senior Managing Director, the Company (overseeing Business Division; in charge of Extracurricular Activity Solutions and Human Resources Solutions Divisions) (current) Oct 2022 Director, Mainichi Comnet Green Power Co., Ltd. (current) Aug 2023 Established MAICOM Mirai wo Ouen Gakusei Shogakukin Foundation (now Public Interest Incorporated Foundation); Councilor (current)
1951-09-03
Keiji YAMASHITA
Senior Managing Director
Apr 1985 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Oct 1985 Joined Recruit Cosmos Co., Ltd. (now Cosmos Initia Co., Ltd.) Jul 1987 Joined First Finance Co., Ltd. Apr 1996 Joined Land Business Co., Ltd. Sep 1998 Joined the Company Jul 2003 Seconded to Gakusei Service Plaza Co., Ltd. (now Mainichi Comnet Residential Co., Ltd.) Nov 2004 General Manager, Business Division, Gakusei Service Plaza Co., Ltd. Feb 2008 Director, the Company; Director and General Manager, Business Division, Gakusei Service Plaza Co., Ltd. Jun 2012 Established TUA Gakusei Ryo PFI Co., Ltd.; Representative Director, President (current) Sep 2013 Representative Director, President, Mainichi Comnet Residential Co., Ltd. (current) Aug 2014 Established Mainichi Comnet Green Power Co., Ltd.; Director (current) Aug 2015 Director and General Manager, Residential Business Division, the Company Aug 2019 Managing Director and General Manager, Residential Business Division, the Company Oct 2022 Senior Managing Director, the Company (in charge of New Business Development and Real Estate Management Division) (current) Aug 2023 Established MAICOM Hitori Kurashi Student Scholarship Foundation (now Public Interest Incorporated Foundation); Representative Director (current)
1963-03-18
Takayuki NISHI
Managing Director
Apr 1983 Joined I.A.S.S. Co., Ltd. Feb 1984 Joined the Company Jun 2001 General Manager, Student Apartment Business Division, the Company (now General Manager, Real Estate Solutions Business Division) Feb 2008 Director and General Manager, Real Estate Solutions Business Division, the Company; Director, Gakusei Service Plaza Co., Ltd. (now Mainichi Comnet Residential Co., Ltd.) (current) Aug 2014 Established Mainichi Comnet Green Power Co., Ltd.; Representative Director, President (current) Aug 2019 Managing Director and General Manager, Real Estate Solutions Business Division, the Company Oct 2022 Managing Director, the Company (in charge of Real Estate Development and Energy Management Divisions; concurrently General Manager, Real Estate Solutions Business Division) Jun 2026 Managing Director, the Company (in charge of Real Estate Development and Energy Management Divisions) (current)
1962-04-29
Yoshito BANDO
Director
Apr 1985 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Apr 2014 Managing Executive Officer, Mizuho Trust & Banking Co., Ltd. May 2019 Advisor, Kawai Juku Educational Corporation Nov 2019 General Manager, Group Management Strategy Headquarters, Kawai Juku Educational Corporation Dec 2019 Senior Managing Director, KJ Holdings Co., Ltd. Jun 2020 Representative Director, President, KJ Holdings Co., Ltd.; Director, Gakkyo Co., Ltd. Dec 2020 Representative Director, Chairman, Kyoiku Holdings Co., Ltd. (now Kyoiku Co., Ltd.) Feb 2021 Director, Will Seed Co., Ltd. Jun 2021 Director, Kawai Juku Educational Corporation; Director, Japan Education Research Innovation Center General Incorporated Foundation (current) Aug 2021 Director, the Company (current) Jun 2022 Representative Director, Chairman, Nichibei Eigo Gakuin Co., Ltd.; Director, Kawai Juku Manabis Co., Ltd. Jun 2023 Director, Kawai Juku Gakuen Educational Corporation (current) May 2024 Vice President and Director, KJ Holdings Co., Ltd. (current); Managing Executive Officer, Kawai Juku Educational Corporation (current) Jun 2025 Director, Gakkyo Co., Ltd. (current); Director, Kawai Juku Green Academy Co., Ltd. (current)
1962-06-08
Mamoru NAKAJIMA
Director
Apr 1973 Joined Daiwa Bank, Ltd. (now Resona Bank, Ltd.) Jun 1992 Branch Manager, Ikebukuro Nishiguchi Branch, Daiwa Bank Jan 1998 Branch Manager, Chiba Branch, Daiwa Bank Apr 2001 Manager, Tokyo Loan Promotion Office, Loan Business Division, Daiwa Bank Feb 2002 Director, Daiwa Shoji Co., Ltd. Mar 2004 Director, Dia Service Co., Ltd. (now RB Real Estate Co., Ltd.) Mar 2005 Managing Executive Officer, Dia Service Co., Ltd. Jun 2011 General Manager, Real Estate Sales Promotion Department and General Manager, Information Development Department, Dia Service Co., Ltd. Aug 2012 Director, the Company (current) Sep 2012 Counselor, Real Estate Distribution Business Division, Dia Service Co., Ltd. Mar 2015 Real Estate Distribution Business Advisor, Dia Service Co., Ltd.
1951-01-20
Etsuo MIYATA
Director
Apr 1974 Joined Japan Travel Bureau, Inc. (now JTB Corp.) Feb 1998 Branch Manager, Tokyo Branch for Partnership Sales, JTB Corp. Jun 2000 Director and General Manager, Sales Department, JTB World Co., Ltd. (now JTB Corp.) Jun 2003 Representative Director, Managing Director, JTB Europe Co., Ltd. Jun 2005 Representative Director, President, Chikyu Club Co., Ltd. (now JTB Gaia Rec Co., Ltd.) Jun 2009 Representative Director, President, JTB Photo Co., Ltd. Jul 2012 General Manager, Business Development Department, Tokyu Hotels Co., Ltd. Aug 2015 Director, the Company (current)
1950-08-05
Mikiko KAMEZAKI
Director
Apr 1999 Joined Tokai Bank, Ltd. (now MUFG Bank, Ltd.) Oct 2003 Joined Asahi Audit Corporation (now Ernst & Young ShinNihon LLC) Jan 2008 Registered as Certified Public Accountant Mar 2017 Joined Avon Products K.K. (now FMG & Mission Co., Ltd.) Jan 2018 Established Kamezaki CPA Office (now Kamezaki CPA & Tax Accountant Office); Representative (current) Sep 2018 Joined Keystone Partners Co., Ltd. Apr 2019 Joined Great East Japan Earthquake Reconstruction Support Organization Apr 2021 Joined Izumi Audit Corporation Oct 2021 Registered as Certified Tax Accountant Apr 2023 Part-time Staff, Izumi Audit Corporation (current) Aug 2025 Director, the Company (current)
1977-03-04
Nobuo OTERA
Full-time Corporate Auditor
Apr 1986 Joined Toyo Trust & Banking Co., Ltd. (now Mitsubishi UFJ Trust and Banking Corporation) Apr 2009 Branch Manager, Tokushima Branch, Mitsubishi UFJ Trust and Banking May 2011 Branch Manager, Soka Branch, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (now MUFG Bank, Ltd.) Apr 2014 Branch Manager, Tsudanuma Branch, Mitsubishi UFJ Trust and Banking Corporation Sep 2017 Director and Head of Specialized Department, Ryoei Appraisal & Research Co., Ltd. Oct 2019 Director and General Manager, Real Estate Appraisal Department, Ryoei Appraisal & Research Co., Ltd. Oct 2020 Director and General Manager, Planning Department, Ryoshin Urban Development Co., Ltd. May 2024 Advisor, the Company Aug 2024 Full-time Corporate Auditor, the Company (current) Aug 2024 Corporate Auditor, Mainichi Comnet Residential Co., Ltd. (current) Aug 2024 Corporate Auditor, Mainichi Comnet Green Power Co., Ltd. (current)
1963-09-27
Chitose KIUCHI
Corporate Auditor
Apr 1990 Registered as Attorney-at-Law Jan 1995 Joined Ishizuka Law Office Feb 2003 Corporate Auditor, the Company (current) Feb 2011 Established Kiuchi Law Office; Representative Oct 2012 Established Suiren Law Office; Representative (current) Sep 2014 Corporate Auditor, Works Japan Co., Ltd. (current) Jun 2016 Corporate Auditor, TUA Gakusei Ryo PFI Co., Ltd. (current)
1962-02-07
Toshiyuki YAMAJI
Corporate Auditor
Apr 1983 Joined Yugashin Co., Ltd. Oct 1987 Joined Kyoritsu Real Estate Appraisal Office Co., Ltd. Mar 1994 Established Real Estate Appraisal Brains Co., Ltd.; Representative Director (current) Feb 2005 Corporate Auditor, the Company (current) Jun 2016 Outside Director, Merchant Bankers Co., Ltd.
1958-12-03
Koji MORITA
Corporate Auditor
Apr 1977 Joined Yasuda Trust & Banking Co., Ltd. (now Mizuho Trust & Banking Co., Ltd.) May 1998 Deputy Branch Manager, Niigata Branch, Yasuda Trust & Banking May 2003 Deputy Branch Manager, Osaka Branch, Yasuda Trust & Banking Oct 2004 Counselor, Legal and Compliance Department, Yasuda Trust & Banking Apr 2005 Counselor, Compliance Headquarters, Yasuda Trust & Banking Jul 2009 Executive Officer and General Manager, Due Diligence Department, Heisei Building Co., Ltd. May 2014 General Manager, Due Diligence Department, Heisei Building Co., Ltd. Aug 2016 Corporate Auditor, the Company (current) Oct 2016 Responsible Senior Manager, Due Diligence Department, Heisei Building Co., Ltd. Jul 2017 Senior Manager (Exclusive), Building Management Department 1, Heisei Building Co., Ltd. Oct 2017 General Manager, Building Management Department 1, Heisei Building Co., Ltd. Nov 2020 Business Advisor, Building Management Department 2, Heisei Building Co., Ltd.
1954-04-08
Large Shareholding Reports
Toshinori HARA
2026-02-03
12.67%→12.67%
Annual report (as of 2026-05-31): 13.32%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-09
Q1 Earnings Flash
FY ending May 2027
EDINET
2026-08-24
Annual Securities Report
Period: Jun 2025 – May 2026
TDnet
2026-07-10
Full-Year Earnings Flash
FY ending May 2026
TDnet
2026-04-10
Q3 Earnings Flash
FY ending May 2026
EDINET
2026-02-03
Large Shareholding Report
EDINET
2026-01-13
Semi-Annual Securities Report
Period: Jun 2025 – May 2026
EDINETAmended
2025-12-25
Amended Annual Securities Report
Period: Jun 2024 – May 2025
EDINETAmended
2025-12-25
Amended Annual Securities Report
Period: Jun 2020 – May 2021
EDINETAmended
2025-12-25
Amended Annual Securities Report
Period: Jun 2023 – May 2024
EDINETAmended
2025-12-25
Amended Annual Securities Report
Period: Jun 2022 – May 2023
EDINETAmended
2025-12-25
Amended Annual Securities Report
Period: Jun 2021 – May 2022
TDnet
2025-10-10
Q1 Earnings Flash
FY ending May 2026
EDINET
2025-08-25
Annual Securities Report
Period: Jun 2024 – May 2025
TDnet
2025-04-10
Q3 Earnings Flash
FY ending May 2025
EDINET
2025-01-14
Semi-Annual Securities Report
Period: Jun 2024 – May 2025
TDnet
2024-10-10
Q1 Earnings Flash
FY ending May 2025
EDINET
2024-08-26
Annual Securities Report
Period: Jun 2023 – May 2024
EDINET
2024-04-12
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-01-12
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-13
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-08-28
Annual Securities Report
Period: Jun 2022 – May 2023
EDINET
2023-04-13
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-01-13
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-13
Quarterly Securities Report
EDINET
2022-08-29
Annual Securities Report
EDINET
2022-04-13
Quarterly Securities Report
EDINET
2022-01-13
Quarterly Securities Report
EDINET
2021-10-13
Quarterly Securities Report
EDINET
2021-08-20
Annual Securities Report
EDINET
2021-04-13
Quarterly Securities Report
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