Overview
Real Estate

Arealink Co.,Ltd.

Arealink operates Japan's rental storage space business under the 'Hello Storage' brand, leasing or acquiring underutilized land and buildings and converting them into self-storage facilities for individual and corporate users. The company also engages in land rights adjustment services, resolving complex leasehold and freehold title issues through purchase and resale of借地権/底地 properties. Additionally, its Other Operating Services segment includes small-office subleasing ('Hello Office'), asset management of owned real estate (offices, retail, hotels), and a network franchise licensing business.

Market Cap
¥43.3B
US$275M
EV
¥52.9B
US$337M
Stock¥850▲+3.53%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
6.6
x
LTM EV/EBIT
8.7
x
LTM PER
10.8
x
LTM PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-45.0%pt
1001
Oct 23, 25 – Oct 23, 26StockTOPIX
1Jul 29, 26Q2 FY2026/12 earnings announced
MC → EV Bridge
43.3BUS$275MMarket Cap27.5BUS$175M+ Debt17.8BUS$114M− Cash0.00BUS$0.00M− Inv. Sec.52.9BUS$337MEV
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Performance & Balance
Revenue 5Y (¥B)
20.6US$131M'21/1220.9US$133M'22/1222.5US$143M'23/1224.7US$157M'24/1226.4US$168M'25/12
EBITDA 5Y (¥B)
3.92US$25.0M'21/124.73US$30.1M'22/125.29US$33.7M'23/126.32US$40.3M'24/127.28US$46.3M'25/12
Net Income 5Y (¥B)
3.17US$20.2M'21/122.88US$18.4M'22/122.82US$18.0M'23/123.20US$20.4M'24/123.70US$23.6M'25/12
Capital Structure
53%
47%
EquityD/E 0.89xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
13.6US$86.5M11.8US$75.1M'21/1214.4US$91.9M13.9US$88.4M'22/1215.0US$95.6M16.7US$106M'23/1215.2US$97.1M20.8US$133M'24/1216.7US$106M25.7US$164M'25/12
Shareholders
Top 10 hold 43.4%
1
Naomichi HAYASHI
13.16%
2
CEPLUX-THE INDEPENDENT UCITS PLATFORM 2 (Standing Proxy: Citibank, N.A., Tokyo Branch)
6.97%
3
Takehiro TSUJIMOTO
4.70%
4
NORTHERN TRUST CO.(AVFC) RE IEDU UCITS CLIENTS NON LENDING 15 PCT TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
3.43%
5
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
3.24%
6
Custody Bank of Japan, Ltd. (Trust Account)
2.58%
7
NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.51%
8
Niihama Iron Works Co., Ltd.
2.43%
9
BNYMSANV RE BNYMIL RE WS ZENNOR JAPAN EQUITY INCOME FUND (Standing Proxy: MUFG Bank, Ltd.)
2.19%
10
Satoshi NAKAJIMA
2.19%
Management
10 officers
Naomichi HAYASHI
Representative Director, Chairman
Apr 1978: Joined Chikuma Fudosan Co., Ltd. (now Starts Corporation Co., Ltd.) Apr 1995: Established the Company; Representative Director, President of the Company May 2019: Representative Director, Japan Self Storage Association (General Incorporated Association) (current) Sep 2019: Representative Director, President and Executive Officer, General Manager of Marketing Division of the Company Sep 2020: Representative Director, President and Executive Officer of the Company Mar 2022: Representative Director, President of the Company Mar 2023: Representative Director, Chairman of the Company (current)
1953-08-08
Takayoshi SUZUKI
Representative Director, President
Apr 2011: Joined the Company Aug 2014: Manager, Tokyo Office, Storage Store Opening Division of the Company Feb 2015: Executive Officer, Manager, Tokyo Office, Storage Store Opening Division of the Company Mar 2016: Director, Operations Division Manager, Storage Division; Manager, Tokyo Office and Chiba Office of the Company Jul 2018: Director, General Manager, Storage Division and Storage Department Manager of the Company Sep 2019: Director, Executive Officer, General Manager, Storage Division of the Company Mar 2021: Managing Director, Executive Officer, General Manager, Storage Division of the Company Mar 2022: Senior Managing Director, Executive Officer, General Manager, Storage Division of the Company Mar 2023: Representative Director, President of the Company (current) Oct 2025: Director, Japan Self Storage Association (General Incorporated Association) (current)
1986-05-23
Yasuaki OTAKI
Director, Executive Officer, General Manager of Administration Division and Accounting Department Manager
Apr 2001: Joined the Company Mar 2011: Executive Officer, Assistant General Manager of Administration Division and General Affairs Department Manager of the Company Mar 2012: Director, General Manager of Administration Division of the Company Mar 2017: Executive Officer, General Manager of Administration Division of the Company Mar 2019: Accounting Department Manager of the Company Sep 2019: Assistant General Manager of Administration Division and Accounting Department Manager of the Company Mar 2021: Executive Officer, Assistant General Manager of Administration Division and Accounting Department Manager of the Company Mar 2022: Director, Executive Officer, Assistant General Manager of Administration Division and Accounting Department Manager of the Company Mar 2023: Director, Executive Officer, General Manager of Administration Division and Accounting Department Manager of the Company (current)
1977-10-14
Minoru NISHIZAWA
Director, Executive Officer, General Manager of Storage Division and Customer Contact Department Manager
Apr 2001: Joined the Company Mar 2012: Director, Storage Department Manager of the Company Mar 2016: Executive Officer, Assistant General Manager of Storage Division and Storage Department Manager of the Company Mar 2017: Director, Assistant General Manager of Storage Division and Storage No. 2 Department Manager of the Company Mar 2019: General Manager, Future Ideal Enterprise Academy Promotion Office of the Company Mar 2021: Executive Officer, Assistant General Manager of Storage Division and Customer Contact Department Manager of the Company Mar 2022: Director, Executive Officer, Assistant General Manager of Storage Division and Customer Contact Department Manager of the Company Mar 2023: Director, Executive Officer, General Manager of Storage Division and Customer Contact Department Manager of the Company (current)
1978-04-29
Masanori KODA
Director
Mar 1971: Joined Nihon Recruit Center Co., Ltd. (now Recruit Holdings Co., Ltd.) Apr 1989: Representative Director, President, Network 88 Co., Ltd. (current) Mar 2015: Outside Director, Daiei Sangyo Co., Ltd. (current) Mar 2017: Director of the Company (current) Jul 2019: Outside Director, Green Ship Co., Ltd. (current)
1943-02-03
Ryoko UCHIMURA
Director
Dec 2012: Completed legal training; joined Hibiya Tomoni Law Office Jun 2020: Established Hibiya Harumi-dori Law Office; Representative (current) Jun 2021: Outside Director, Nihon Insulation Co., Ltd. (current) Jun 2024: Outside Director, FBit Communications Co., Ltd. (current) Mar 2026: Director of the Company (current)
1979-08-12
Hideto KOJIMA
Full-time Audit & Supervisory Board Member
Apr 1970: Joined Asahi Mutual Life Insurance Company Apr 1993: Managing Director, Asahi Life Investment Management Co., Ltd. Apr 2002: Managing Director, General Manager of General Affairs Department, Asahi Life Building Co., Ltd. Aug 2003: Managing Director, General Manager of General Affairs Department, Asahi Insurance Service Co., Ltd. Jun 2004: Full-time Audit & Supervisory Board Member, Keihin Co., Ltd. Mar 2010: Audit & Supervisory Board Member of the Company (current)
1947-03-07
Koki INOUE
Full-time Audit & Supervisory Board Member
Apr 1979: Joined Sumitomo Corporation Apr 2012: Executive Officer, General Manager of Building & Real Estate Division, Sumitomo Corporation Apr 2014: Managing Executive Officer, Chief Representative East Asia and Chief Representative China, Sumitomo Corporation Apr 2016: Managing Executive Officer, Director in charge of Domestic Business, Sumitomo Corporation Apr 2019: Advisor to the Company Mar 2026: Audit & Supervisory Board Member of the Company (current)
1956-11-03
Koji TAMURA
Audit & Supervisory Board Member
Oct 2000: Passed the bar examination Oct 2002: Registered with Tokyo Bar Association; joined Kotobuki Law Office Jan 2007: Partner Attorney, Kotobuki Law Office Oct 2011: Audit & Supervisory Board Member, Zenkankyo SSI Holdings Co., Ltd. Dec 2011: Provisional Audit & Supervisory Board Member of the Company Mar 2012: Audit & Supervisory Board Member of the Company (current) May 2013: Representative Attorney, Keimei Law Office Oct 2020: Attorney, Taiyo Sogo Law Office (current)
1969-08-24
Iwao AOKI
Audit & Supervisory Board Member
Apr 1992: Joined Fujita Corporation Oct 2004: Representative Director, President, Asset Managers Co., Ltd. (now ichigo Co., Ltd.) Apr 2009: Representative Director, President, Capital Advisory Co., Ltd. (current) Dec 2010: Outside Audit & Supervisory Board Member, Nexyz Group Co., Ltd. Jul 2014: Outside Audit & Supervisory Board Member, Balnibarbi Co., Ltd. Mar 2016: Outside Director, Something Holdings Co., Ltd. Mar 2017: Audit & Supervisory Board Member of the Company (current) Dec 2019: Outside Director (Audit and Supervisory Committee Member), NEXYZ.Group Co., Ltd. (current) Oct 2024: Outside Audit & Supervisory Board Member; Outside Director (Audit and Supervisory Committee Member), Balnibarbi Co., Ltd. (current)
1967-09-02
Large Shareholding Reports
FIAM LLC
2026-07-23
3.57%→3.57%
Zenner Asset Management LLP
2026-07-16
8.22%→9.80%
FIAM LLC
2026-06-05
3.83%→3.71%
FMR LLC
2026-06-05
—
FIAM LLC
2026-06-05
3.65%→3.60%
FIAM LLC
2026-06-05
3.60%→3.57%
Fidelity Management & Research Company LLC
2026-06-05
3.14%→5.29%
FIAM LLC
2026-06-05
3.71%→3.65%
FIAM LLC
2026-06-05
3.83%
FIAM LLC
2026-06-05
3.65%→3.65%
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
FMR LLC
2026-06-05
—
Naomichi HAYASHI
2025-12-23
14.45%→12.90%
Annual report (as of 2026-06-30): 13.16%
Zennor Asset Management LLP
2025-12-15
7.15%→8.22%
Zennor Asset Management LLP
2025-10-09
6.03%→7.15%
Naomichi HAYASHI
2025-09-16
18.08%→14.45%
Annual report (as of 2026-06-30): 13.16%
Akiko HAYASHI
2025-09-16
—
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-04
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-07-29
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-07-16
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
EDINETAmended
2026-06-05
Change Report
TDnet
2026-04-28
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-24
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2025-12-23
Large Shareholding Report
EDINET
2025-12-15
Large Shareholding Report
TDnet
2025-10-29
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-10-09
Large Shareholding Report
EDINETAmended
2025-09-16
Change Report
EDINET
2025-09-16
Large Shareholding Report
EDINET
2025-08-06
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-04-30
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-08
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-09
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
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