Overview
Wholesale Trade

Valuence Holdings Inc.

Valuence Holdings is a holding company operating a luxury goods reuse business, encompassing the buying and selling of branded goods, precious metals, jewelry, antiques, and fine art through its subsidiaries in Japan and internationally. The Group purchases items via in-store, mail-in, home-visit, and online appraisal channels under brands including 'NANBOYA,' 'BRAND CONCIER,' 'Kobi-jutsu Hakkodo,' and 'ALLU,' and distributes them through proprietary B2B online auctions (STAR BUYERS AUCTION, THE EIGHT AUCTION) and retail/EC channels targeting end consumers. Its competitive strengths lie in its integrated buy-and-sell platform, data-driven appraisal systems, global auction infrastructure reaching buyers in Japan, Hong Kong, Europe, the US, Singapore, and the Middle East, and strategic alliances with department stores and financial institutions.

Market Cap
¥21.8B
US$139M
EV
¥34.7B
US$221M
Stock¥1,655▼-2.42%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
4.8
x
LTM EV/EBIT
6.0
x
LTM PER
7.1
x
LTM PBR
2.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+42.5%pt
100123
Oct 23, 25 – Oct 23, 26StockTOPIX
1Dec 26, 25Profit-taking after previous day's gains
2Jan 14, 26Continued buying after previous day gains
3Feb 27, 26Rise on strong Q3 earnings results
MC → EV Bridge
21.8BUS$139MMarket Cap20.1BUS$128M+ Debt7.23BUS$46.0M− Cash0.00BUS$0.00M− Inv. Sec.34.7BUS$221MEV
AI Briefing
Valuence runs Japan's leading luxury reuse platform—NANBOYA/ALLU buy-side sourcing feeding proprietary B2B auctions (STAR BUYERS AUCTION) across Japan, Asia, Europe, US and Middle East. FY25/8 revenue ¥84.8B with OP margin recovering to 1.7%; FY26/8 guidance jumps to ¥107B revenue and 5.4% margin, signaling a sharp profitability inflection. Top holder SFプロパティマネジメント controls 55.93% alongside founder family stakes; market read is a controlled, thinly-traded Growth Market name re-rating on margin recovery rather than an open valuation opportunity.
Performance & Balance
Revenue 5Y (¥B)
63.4US$404M'22/876.1US$485M'23/881.5US$519M'24/884.8US$540M'25/8107US$679M'26/8
EBITDA 5Y (¥B)
2.60US$16.6M'22/83.15US$20.1M'23/80.76US$4.81M'24/82.89US$18.4M'25/87.21US$45.9M'26/8
Net Income 5Y (¥B)
0.97US$6.17M'22/81.05US$6.69M'23/8-1.71-US$10.9M'24/80.68US$4.34M'25/83.07US$19.6M'26/8
Capital Structure
34%
66%
EquityD/E 1.96xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
7.84US$49.9M12.5US$79.7M'22/88.37US$53.3M15.1US$95.9M'23/86.92US$44.0M16.3US$104M'24/85.30US$33.8M18.5US$118M'25/87.23US$46.0M20.1US$128M'26/8
Shareholders
Top 10 hold 76.2%
1
SF Property Management Co., Ltd.
55.93%
2
Shinsuke SAKIMOTO
4.68%
3
Koji SAKIMOTO
3.40%
4
LICHFIELD LP (Standing Proxy: MUFG Bank, Ltd.)
3.08%
5
TAKUMI CAPITAL MANAGEMENT MASTER FUND LP (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.69%
6
Custody Bank of Japan, Ltd. (Trust Account)
1.66%
7
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
1.62%
8
JPMorgan Securities Japan Co., Ltd.
1.31%
9
Nomura Securities Co., Ltd.
0.96%
10
SBI SECURITIES Co., Ltd.
0.90%
Management
10 officers
Shinsuke SAKIMOTO
Representative Director
Jun 2004 MKS Corporation, Ltd. (current: Drokia Olashiita Co., Ltd.), Managing Director Dec 2011 SOU Inc. (current: the Company), established; Representative Director (current) Nov 2014 SF Property Management LLC (current: SF Property Management Co., Ltd.), established; Representative Member (current: Representative Director) (current) Nov 2019 SOU Technologies, Inc. (current: Valuence Technologies Co., Ltd.), Director (current) Mar 2021 Valuence Ventures Co., Ltd., Representative Director (current) Aug 2021 Nankatsu SC Co., Ltd., Director (current) Dec 2023 Valuence Japan Co., Ltd., Representative Director Sep 2025 Valuence Japan Co., Ltd., Director (current)
1982-04-14
Susumu MUGURUMA
Director
Apr 1996 Olympus Corporation, joined Jan 2004 Sony Corporation (current: Sony Group Corporation), joined Sep 2018 SOU Inc. (current: the Company), joined; Head of Overseas Business Division and Head of Overseas Business Strategy Department Jun 2019 Star Buyers Limited (current: Valuence International Limited), Representative Director (current) Sep 2020 Valuence Japan Co., Ltd., Representative Director Nov 2020 the Company, Director Dec 2023 Valuence Japan Co., Ltd., Director (current) Sep 2025 the Company, Director; Head of Overseas Business Office (current)
1971-07-21
Shinichiro SATO
Director
Apr 1993 Daiwa Institute of Research Ltd., joined Apr 2000 Monex Securities Co., Ltd., joined Jan 2015 Digital Garage, Inc., joined May 2020 the Company, joined; General Manager, Corporate Management Division Sep 2020 Valuence Japan Co., Ltd., Director (current) Nov 2020 the Company, Director and Executive Officer; General Manager, Corporate Strategy Division Mar 2021 Valuence Ventures Co., Ltd., Director (current) Sep 2021 Valuence Technologies Co., Ltd., Director (current) Aug 2025 the Company, Director; General Manager, President's Office and General Manager, Accounting Department (current) Oct 2025 Valuence International Limited, Director (current)
1968-09-01
Mitsutoshi TOMITA
Director
Apr 2005 UFJ Bank Ltd. (current: MUFG Bank, Ltd.), joined May 2015 JPMorgan Chase Bank, N.A., joined Sep 2018 bitFlyer, Inc., joined Sep 2020 the Company, joined; General Manager, New Business Promotion Division, Valuence Japan Co., Ltd. Sep 2021 Valuence Japan Co., Ltd., Executive Officer; General Manager, New Business Division Sep 2022 Valuence Japan Co., Ltd., Executive Officer; General Manager, Purchase Business Division Jun 2024 Valuence Technologies Co., Ltd., Director Sep 2024 Valuence Japan Co., Ltd., Director and Executive Officer; General Manager, Sales Division Nov 2024 the Company, Director (current) Sep 2025 Valuence Japan Co., Ltd., Representative Director; General Manager, Sales Division (current)
1980-10-10
Kenta TAKAMI
Director, Full-time Audit and Supervisory Committee Member
Jan 2007 PwC Arata LLC (current: PwC Japan LLC), joined Feb 2012 Orix Facilities Corporation, joined Feb 2018 SOU Inc. (current: the Company), joined; Head of Internal Audit Office Sep 2020 Valuence Japan Co., Ltd., Statutory Auditor (current); Valuence Technologies Co., Ltd., Statutory Auditor (current) Nov 2020 the Company, Director, Full-time Audit and Supervisory Committee Member (current)
1973-11-29
Masahide KAMACHI
Outside Director, Audit and Supervisory Committee Member
Nov 2005 Chuo Aoyama Tax Corporation (current: PwC Tax Corporation), joined Sep 2009 Registered Certified Public Accountant Dec 2014 Registered Tax Accountant Nov 2016 Kamachi CPA Office, established; Representative (current) Nov 2016 Kamachi Tax Corporation, Senior Partner (current) Nov 2016 SOU Inc. (current: the Company), Outside Director Jan 2017 will consulting Inc., Representative Director (current) Mar 2017 MEDLEY, Inc., Outside Audit & Supervisory Board Member (current) Nov 2019 the Company, Outside Director, Audit and Supervisory Committee Member (current) Mar 2023 Popins Inc., Outside Director, Audit and Supervisory Committee Member (current) Apr 2023 Globis University, Professor (current)
1981-05-18
Kenji FUMA
Outside Director
Apr 2004 Recruit Avic Co., Ltd. (current: Recruit Co., Ltd.), joined Jul 2013 Neural Co., Ltd., established; Representative Director and CEO (current) Jul 2019 Thunderbird Global Graduate School Education Foundation, Councilor (current) Jun 2020 WaterAid Japan, Director (current) Feb 2021 Japan Professional Football League, Special Director (current) Nov 2021 the Company, Outside Director (current) Mar 2022 MASHING UP, Director (current) Jul 2022 Shinshu University, Green Society Co-creation Organization, Specially Appointed Professor (current) Jul 2023 AGBIOTECH Co., Ltd., Outside Director (current) Oct 2023 Resource Circulation Promotion Council, Director (current) Jun 2024 T&D Holdings, Inc., Outside Director (current)
1980-03-27
Yorifumi HIRAHARA
Outside Director
Apr 2017 Janssen Pharmaceutical K.K., joined Jun 2019 World Road Co., Ltd., established; Co-Representative Nov 2021 HI LLC, established; Representative (current) May 2022 Mitsui Sumitomo Insurance Co., Ltd., Outside Advisor (current) Aug 2022 Peace Communication Foundation, Councilor (current) Jul 2023 Mirai Edutainment Foundation, Director (current) Nov 2023 the Company, Outside Director (current) Jun 2024 AMUSE Inc., Outside Director (current)
1993-10-03
Takashi GOTO
Outside Director, Audit and Supervisory Committee Member
Oct 2004 Registered as Attorney; joined Mori Hamada & Matsumoto Jul 2008 Suenaga Sogo Law Office (current: Shiomizaka Sogo Law Office), joined Jan 2010 Shiomizaka Sogo Law Office, Partner (current) Sep 2017 Machine Learning Solutions Inc., Outside Director (current) Nov 2017 SOU Inc. (current: the Company), Outside Audit & Supervisory Board Member Mar 2018 Edge Intelligence Systems Inc., Outside Director (current) May 2018 Langsmith Inc., Representative Director (current) Mar 2019 Learning Agency Inc. (current: ALL DIFFERENT Inc.), Outside Audit & Supervisory Board Member (current) Nov 2019 the Company, Outside Director, Audit and Supervisory Committee Member (current) Jun 2024 LTV-X Inc., Outside Director, Audit and Supervisory Committee Member (current)
1979-06-28
Mina KOBAYASHI
Outside Director, Audit and Supervisory Committee Member
Dec 2009 Registered as Attorney Jan 2010 Mori Hamada & Matsumoto, joined Jun 2014 Registered as New York State Attorney Jul 2015 Koga Sogo Law Office, joined May 2019 Japan Kidney Foundation, Councilor (current) Jan 2020 Tenta-kai Medical Corporation, Ethics Review Committee Member (current) Mar 2021 Tokaido REIT Management Co., Ltd., Compliance Committee Member (current) Aug 2022 Japan Federation of Bar Associations, International Affairs Division, Commissioned Member (current) Apr 2024 Business and Human Rights Dialogue and Remedy Organization, Legal Manager (current) Aug 2024 LATRICO Inc., Part-time Statutory Auditor (current) Jan 2025 ANSWERZ Law Corporation, joined (current) Nov 2025 the Company, Outside Director, Audit and Supervisory Committee Member (current)
1983-01-16
Large Shareholding Reports
SF Property Management Co., Ltd.
2026-10-02
52.91%→52.87%
Annual report (as of 2026-02-28): 55.93%
SF Property Management Co., Ltd.
2026-05-01
52.91%→52.91%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-02-28): 55.93%
SF Property Management Co., Ltd.
2026-05-01
52.91%→52.91%
Annual report (as of 2026-02-28): 55.93%
SF Property Management Co., Ltd.
2026-03-26
52.91%→52.91%
Annual report (as of 2026-02-28): 55.93%
SF Property Management Co., Ltd.
2026-03-04
53.61%→52.91%
Annual report (as of 2026-02-28): 55.93%
SF Property Management Co., Ltd.
2025-12-12
53.61%→53.61%
Annual report (as of 2026-02-28): 55.93%
VIS Advisors,LP
2025-08-01
7.32%→6.16%
VIS Advisors,LP
2024-07-08
8.34%→7.32%
VIS Advisors,LP
2023-10-20
7.31%→8.34%
VIS Advisors,LP
2023-03-14
6.29%→7.31%
VIS Advisors,LP
2022-02-21
5.16%→6.29%
VIS Advisors,LP
2022-02-09
5.16%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-09
Full-Year Earnings Flash
FY ending Aug 2026
EDINET
2026-10-02
Large Shareholding Report
TDnet
2026-07-10
Q3 Earnings Flash
FY ending Aug 2026
EDINETAmended
2026-05-01
Change Report
EDINET
2026-05-01
Large Shareholding Report
EDINET
2026-04-10
Semi-Annual Securities Report
Period: Sep 2025 – Aug 2026
EDINET
2026-03-26
Large Shareholding Report
EDINET
2026-03-04
Large Shareholding Report
TDnet
2026-01-09
Q1 Earnings Flash
FY ending Aug 2026
EDINET
2025-12-12
Large Shareholding Report
EDINET
2025-11-25
Annual Securities Report
Period: Sep 2024 – Aug 2025
EDINET
2025-08-01
Large Shareholding Report
TDnet
2025-07-11
Q3 Earnings Flash
FY ending Aug 2025
EDINET
2025-04-11
Semi-Annual Securities Report
Period: Sep 2024 – Aug 2025
TDnet
2025-01-10
Q1 Earnings Flash
FY ending Aug 2025
EDINET
2024-11-22
Securities Registration Statement
EDINET
2024-11-22
Annual Securities Report
Period: Sep 2023 – Aug 2024
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-07-08
Large Shareholding Report
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
2023-11-27
Annual Securities Report
Period: Sep 2022 – Aug 2023
EDINET
2023-10-20
Large Shareholding Report
EDINETAmended
2023-09-28
Amended Annual Securities Report
Period: Sep 2021 – Aug 2022
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-04-14
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-03-14
Large Shareholding Report
EDINET
2023-01-13
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-11-25
Annual Securities Report
EDINET
2022-07-14
Quarterly Securities Report
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