beluuga.ai

Overview

Services

Ureru Net Advertising Group Co.,Ltd.

The company operates in three segments: D2C (e-commerce) digital marketing support, D2C business, and global information and communications. Its flagship offering is 'Ureru D2C Tsukuru,' a cloud-based SaaS platform for landing page creation, ad form management, and follow-up communications (email/LINE/SMS) tailored for D2C/e-commerce operators, primarily in the health food and cosmetics sectors. Competitive differentiation is built on a proprietary knowledge base derived from over 2,600 A/B tests, enabling clients to improve internet advertising ROI from day one of deployment.

Market Cap

¥3.21B

US$20.5M

¥3.43B

US$21.9M

Stock¥396▼-1.00%

US$1 = ¥156.80 (2026-10-23)

LTM EV/EBITDA

LTM EV/EBIT

LTM PER

LTM PBR

5.5

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-85.1%pt

Oct 24, 25 – Oct 23, 26StockTOPIX

1Jun 15, 26Q3 FY2026/07 earnings announced

MC → EV Bridge

AI Briefing

D2C-focused SaaS holding co ('Ureru D2C Tsukuru') optimizing e-commerce ad ROI via 2,600+ A/B tests, now expanded into cross-border commerce, M&A advisory and global ICT. FY26/7 revenue ¥1.7B but OP loss widened to ¥-0.5B (-32.7%), EBITDA LTM negative despite forward EBITDA guided to ¥0.3B. Founder-controlled (Kato Koichi Leo + related entity ~58% combined) micro-cap at ¥3.2B market cap — thin profitability profile keeps this a turnaround-dependent story, not a value play.

Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

45%

55%

EquityD/E 1.20xDebt

Liquidity vs Debt 5Y (¥B)▼ Net Debt

CashInv. Sec.Debt

Shareholders

Top 10 hold 68.4%

as of 2026-01-31 · Source: Annual Securities Report

Koichi Leo KATO

30.37%

Leo Asset Management Co., Ltd.

27.51%

Rakuten Securities, Inc.

3.12%

SBI SECURITIES Co., Ltd.

2.83%

Japan Securities Finance Co.,Ltd.

1.58%

MATSUI SECURITIES CO.,LTD.

0.84%

Satoshi TAKAGI

0.56%

NOMURA INTERNATIONAL PLC A/C JAPAN FLOW (Standing Proxy: Nomura Securities Co., Ltd.)

0.55%

Kazushi INUI

0.55%

Mitsubishi UFJ eSmart Securities Co., Ltd.

0.53%

Management

6 officers

Koichi Leo KATO

Representative Director, President

Apr 1998 Joined Mitsubishi Corporation Apr 2000 Joined Euro RSCG Japan K.K. (now Havas Worldwide Japan K.K.) Apr 2001 Joined ASATSU-DK Inc. (now ADK Holdings Inc.) Jan 2010 Established Ureru Net Advertising Inc. (now Ureru Net Advertising Group Co., Ltd.) Jan 2010 Appointed Representative Director, President & CEO of the Company (current) Feb 2024 Appointed Director of Ureru Cross-Border EC Inc. (current) Feb 2024 Appointed Director of Ureru D2C Industry M&A Inc. (current) Apr 2024 Appointed Director of Gurupusu Co., Ltd. (now Orux Co., Ltd.) (current) Apr 2024 Appointed Director of Orlinks Pharmaceutical Co., Ltd. (now Orux Co., Ltd.) Aug 2024 Appointed Director of JCNT Inc. (current) Aug 2024 Appointed Director of GIN Co., Ltd. (current) Sep 2024 Appointed Outside Director of CROSS FM Inc. (current) Oct 2024 Appointed Representative Director, CEO of Ureru Net Advertising Inc. (current)

1975-08-08

Sohei UEKIHARA

Director

Apr 2006 Joined Dai Nippon Shoji Co., Ltd. Apr 2010 Joined JR Kyushu Highspeed Ferry Co., Ltd. Feb 2016 Joined Accenture Japan Ltd. Nov 2017 Joined freee K.K. Jan 2019 Joined the Company Nov 2019 Appointed Executive Officer of the Company May 2022 Appointed Director, CFO of the Company (current) Feb 2024 Appointed Director of Ureru Cross-Border EC Inc. (current) Feb 2024 Appointed Director of Ureru D2C Industry M&A Inc. (current) Apr 2024 Appointed Director of Gurupusu Co., Ltd. (now Orux Co., Ltd.) (current) Apr 2024 Appointed Director of Orlinks Pharmaceutical Co., Ltd. (now Orux Co., Ltd.) Aug 2024 Appointed Representative Director, CEO of JCNT Inc. (current) Aug 2024 Appointed Representative Director, CEO of GIN Co., Ltd. (current) Oct 2024 Appointed Director, CFO of Ureru Net Advertising Inc. (current) Aug 2025 Appointed Director of Ureru AI Marketing Inc. (current) Aug 2025 Appointed Director of SOBA Project Inc. (current)

1983-12-09

Hidemasa ITAKOSHI

Director

Jan 1994 Joined S Frontline News Inc. (New York State) Apr 1995 Established Itasho America, Inc. (New Jersey), appointed Representative Director Sep 1995 Established IS Publications, Inc. (New York), appointed Representative Director Sep 1995 Established JC Itasho, Inc. (New York), appointed Representative Director Jan 2015 Established Global Labo, Inc. (New York), appointed Representative Director (current) Apr 2015 Established Crowdfunding Research Institute Inc., appointed Representative Director (current) Mar 2022 Appointed Advisor of Nihon M&A Center Inc. Aug 2024 Appointed Director of JCNT Inc. (current) Aug 2024 Appointed Director of GIN Co., Ltd. (current) Oct 2024 Appointed Director of the Company (current) Oct 2024 Appointed Director of Ureru Net Advertising Inc. (current) Aug 2025 Appointed Director of Ureru AI Marketing Inc. (current) Aug 2025 Appointed Director of SOBA Project Inc. (current)

1968-06-03

Hidekatsu IKEDO

Director, Audit and Supervisory Committee Member

Apr 1974 Joined Asahi Tsushin Co., Ltd. (now ADK Holdings Inc.) Mar 2006 Appointed Executive Officer of the same company Jan 2015 Founded OneShip Inc., appointed Representative Director Oct 2019 Appointed Audit & Supervisory Board Member of the Company Nov 2020 Appointed Director (Audit and Supervisory Committee Member) of the Company (current) Oct 2024 Appointed Audit & Supervisory Board Member of Ureru Net Advertising Inc. (current)

1951-01-01

Gaku TAKIMOTO

Director, Audit and Supervisory Committee Member

Oct 2000 Joined Euro RSCG Japan K.K. (now Havas Worldwide Japan K.K.) Oct 2003 Joined CyberAgent, Inc. Jul 2007 Joined Microad Inc. Mar 2018 Established Into the Standard Inc., appointed Representative Director (current) Aug 2018 Appointed Outside Director of the Company Nov 2020 Appointed Director (Audit and Supervisory Committee Member) of the Company (current) Nov 2021 Appointed Executive Officer of ANAP Inc. Nov 2021 Appointed Representative Director of ANAP Lab Inc.

1976-03-28

Yohei HARIMA

Director, Audit and Supervisory Committee Member

Oct 2005 Joined City-Yuwa Partners Jun 2018 Joined Grace Law Corporation Oct 2019 Appointed Outside Audit & Supervisory Board Member of the Company Nov 2020 Appointed Director (Audit and Supervisory Committee Member) of the Company (current) Aug 2023 Appointed Outside Audit & Supervisory Board Member of REA Co., Ltd. (current)

1977-03-19

Large Shareholding Reports

Leo Asset Management Co., Ltd.

2026-08-26

26.15%→26.15%

Annual report (as of 2026-01-31): 27.51%

Koichi Leo KATO

2026-08-26

30.36%→28.87%