Overview
Retail Trade

ASEED HOLDINGS CO.,LTD.

Aseed Holdings operates across four core segments: vending machine retail (smart store operations selling canned/bottled beverages, cup drinks, and snack foods), beverage manufacturing (planning, production, and sales of soft drinks, low-alcohol beverages, and health teas including OEM and proprietary brands), real estate management (development and leasing of office buildings and commercial facilities), and logistics/warehousing services. The group leverages a supplier system (logistics outsourcing model) developed since 1980 and operates primarily across Japan with a minority stake in a Vietnamese beverage joint venture. Its beverage manufacturing subsidiaries cover a broad range from refreshing soft drinks to specialty tea processing, serving both retail and wholesale markets.

Market Cap
¥10.8B
US$69.0M
EV
¥15.4B
US$98.4M
Stock¥877▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.6
x
LTM EV/EBIT
12.4
x
LTM PER
10.4
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+4.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
10.8BUS$69.0MMarket Cap10.9BUS$69.6M+ Debt3.79BUS$24.2M− Cash2.50BUS$15.9M− Inv. Sec.15.4BUS$98.4MEV
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Performance & Balance
Revenue 5Y (¥B)
19.3US$123M'22/321.2US$135M'23/323.3US$148M'24/324.0US$153M'25/325.4US$162M'26/3
EBITDA 5Y (¥B)
1.30US$8.32M'22/31.28US$8.16M'23/31.56US$9.97M'24/31.56US$9.95M'25/3
Net Income 5Y (¥B)
0.18US$1.14M'22/30.60US$3.84M'23/30.77US$4.90M'24/30.75US$4.77M'25/30.91US$5.80M'26/3
Capital Structure
43%
57%
EquityD/E 1.33xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.84US$11.8M5.43US$34.6M'22/32.26US$14.4M6.56US$41.8M'23/33.00US$19.1M6.75US$43.0M'24/33.42US$21.8M7.29US$46.5M'25/36.31US$40.3M10.4US$66.5M'26/3
Shareholders
Top 10 hold 72.1%
1
Sankomoto Co., Ltd.
38.11%
2
Daisuke KAWAMOTO
8.24%
3
Ayaka OTO
6.00%
4
Tetsuya ASAI
4.08%
5
Employee Stock Ownership Association
3.22%
6
Harue KAWAMOTO
3.12%
7
The Hiroshima Bank, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
3.08%
8
Ashido Investment Club
2.28%
9
Norifumi MATSUMOTO
2.18%
10
Minoru TERACHI
1.77%
Management
7 officers
Daisuke KAWAMOTO
Representative Director, President
Apr 1992 Joined Sumitomo Corporation Aug 1996 Founded Ascid Information Systems Co., Ltd.; Representative Director, President Jun 2004 Director, Kita-Kanto Pepsi Cola Sales Co., Ltd. (now Ashido Co., Ltd.) (current) Jun 2005 Director, General Manager of East Japan Branch, the Company Oct 2008 Director, Managing Executive Officer, in charge of Business Development Group, the Company Apr 2011 Director, Senior Managing Executive Officer, in charge of Business Development Group, the Company Apr 2013 Representative Director, President, the Company (current) Apr 2013 Representative Director, President, Ashido Brew Co., Ltd. (now Ashido Beverage Plus Co., Ltd.) Apr 2015 Representative Director, President, Ashido Co., Ltd. Jun 2020 Representative Director, Sankomoto Co., Ltd. (current) Jan 2021 Member, Nomination and Compensation Committee, the Company (current) Jul 2021 Director, Logic Innovation Co., Ltd. (current) Aug 2022 Director, Kawamura Farm Co., Ltd. (current) Oct 2024 Representative Director, President, Ashido Brew Co., Ltd. (current)
1969-08-21
Akihiro OTO
Director, Managing Executive Officer
Apr 1992 Joined Toyo Trust & Banking Co., Ltd. (now Mitsubishi UFJ Trust and Banking Corporation) Nov 2000 Director, Sanyoshi Brewery Co., Ltd. (now Ashido Beverage Plus Co., Ltd.) (current) Apr 2004 Managing Director, Sanyoshi Brewery Co., Ltd. Apr 2009 Director, Managing Executive Officer, Sanyoshi Brewery Co., Ltd. Apr 2015 Director, Hozumi Beverage Co., Ltd. (now Ashido Brew Co., Ltd.) Apr 2017 Executive Officer, in charge of General Affairs Group, the Company Apr 2018 Director, Managing Executive Officer, General Manager of Administration Division, Ashido Co., Ltd. Jun 2019 Director, Kita-Kanto Pepsi Cola Sales Co., Ltd. (now Ashido Co., Ltd.) Jun 2019 Director, Executive Officer, in charge of General Affairs Group, the Company Jun 2020 Representative Director, President, Aons Estate Co., Ltd. (current) Apr 2021 Representative Director, President, Hozumi Beverage Co., Ltd. (now Ashido Brew Co., Ltd.) Apr 2022 Director, Managing Executive Officer, in charge of General Affairs Group, the Company Apr 2024 Director, Shizuoka Roast System Co., Ltd. (current) Apr 2024 Director, Marusan Hagima Tea Co., Ltd. (current) May 2024 Director, Ashido Co., Ltd. (current) May 2024 Director, Logic Innovation Co., Ltd. (current) May 2024 Director, Kawamura Farm Co., Ltd. Jun 2024 Director, Managing Executive Officer, in charge of Finance and Accounting Group and Management Planning Group, the Company (current) Mar 2026 Representative Director, Kawamura Farm Co., Ltd. (current)
1966-05-17
Kazufumi KUBO
Director, Executive Officer
Apr 1987 Joined The Hiroshima Bank, Ltd. Oct 2009 General Manager, Loan Department, Fukuyama Sales Division, The Hiroshima Bank, Ltd. Oct 2013 Deputy Head Office Branch Manager and General Manager, First Sales Department, Head Office Sales Department, The Hiroshima Bank, Ltd. Oct 2015 Branch Manager, Saijo Branch, The Hiroshima Bank, Ltd. Oct 2018 Executive Officer, General Manager of Sales Division, Ashido Co., Ltd. Apr 2020 Director, Executive Officer, General Manager of Sales Division, Ashido Co., Ltd. Apr 2021 Representative Director, President and General Manager of Sales Division, Ashido Co., Ltd. Apr 2022 Representative Director, President, Kita-Kanto Pepsi Cola Sales Co., Ltd. (now Ashido Co., Ltd.) Apr 2024 Chairman of the Board, Kita-Kanto Pepsi Cola Sales Co., Ltd. May 2024 Director, Aons Estate Co., Ltd. (current) Jun 2024 Director, Executive Officer, in charge of General Affairs Group, the Company (current) Jun 2026 Representative Director, President, Ashido Co., Ltd. (current)
1963-10-11
Akiko KIYOHARA
Director
Apr 2002 Full-time Lecturer, Faculty of Modern Life, Chugoku Gakuen University Apr 2010 Associate Professor, Faculty of Modern Life, Chugoku Gakuen University Apr 2016 Associate Professor, Faculty of Urban Management, Fukuyama City University Apr 2017 Member, Fukuyama City Large-Scale Retail Store Location Review Committee (current) Apr 2018 Professor, Faculty of Urban Management, Fukuyama City University (current) Feb 2024 External Evaluation Committee Member, Project Research, Policy Research Institute, Ministry of Agriculture, Forestry and Fisheries (current) Aug 2024 Chairperson, Kasaoka City Rural Regional Industry Introduction Plan Council (current) Jun 2025 Outside Director, the Company (current) Jun 2025 Member, Nomination and Compensation Committee, the Company (current)
1970-02-02
Hitoshi OKAZAKI
Director, Audit and Supervisory Committee Member
Apr 1985 Joined the Company Apr 2000 Deputy General Manager, East Japan Sales Division, the Company Apr 2003 General Manager, Kyushu Sales Division, the Company Jun 2007 Executive Officer, General Manager of Kyushu Branch, the Company Apr 2008 Executive Officer, General Manager of Operations Division, the Company May 2010 Director, Executive Officer, General Manager of Operations Division, Ashido Co., Ltd. Apr 2013 Director, Managing Executive Officer, General Manager of Operations Division, Ashido Co., Ltd. May 2015 Auditor, Hozumi Beverage Co., Ltd. (now Ashido Brew Co., Ltd.) (current) Jun 2018 Director, Audit and Supervisory Committee Member, the Company (current) May 2019 Auditor, Ashido Brew Co., Ltd. (now Ashido Beverage Plus Co., Ltd.) (current) Jul 2021 Director, Logic Innovation Co., Ltd. (current) Apr 2022 Auditor, Kita-Kanto Pepsi Cola Sales Co., Ltd. (now Ashido Co., Ltd.) (current) Aug 2022 Auditor, Kawamura Farm Co., Ltd. (current) Apr 2023 Auditor, Shizuoka Roast System Co., Ltd. (current) Apr 2023 Auditor, Marusan Hagima Tea Co., Ltd. (current)
1960-11-26
Motoshi TOYODA
Director, Audit and Supervisory Committee Member
Apr 1990 Joined Sumitomo Metal Industries, Ltd. (now Nippon Steel Corporation) Oct 1997 Joined Aoyama Audit Corporation (PricewaterhouseCoopers) Jan 2008 Representative, Toyoda Certified Public Accountant Office (current) Sep 2008 Outside Auditor, Sunnyside Up Co., Ltd. May 2014 Representative Director, Bluefield Consulting Co., Ltd. (current) Sep 2017 Outside Director, Audit and Supervisory Committee Member, Sunnyside Up Co., Ltd. (now Sunnyside Up Group Co., Ltd.) Jun 2018 Outside Director, Audit and Supervisory Committee Member, Manac Inc. Jun 2019 Outside Director, Audit and Supervisory Committee Member, the Company (current) Jan 2021 Chairperson, Nomination and Compensation Committee, the Company (current) Oct 2021 Outside Director, Audit and Supervisory Committee Member, Manac Chemical Partners Co., Ltd.
1967-01-29
Kaoru SHIMOOKA
Director, Audit and Supervisory Committee Member
Apr 1998 Joined Tsuchiya Tax Accountant Office Dec 2005 Joined Taiyo Grant Thornton Tax Corporation Jun 2017 Joined Taiyo Grant Thornton Advisors Co., Ltd. Jun 2021 Outside Director, Ferrotec Holdings Corporation (current) Jul 2022 Director, Apex Co., Ltd. (Shibuya-ku, Tokyo) (current) Jun 2024 Outside Director, the Company Jun 2024 Member, Nomination and Compensation Committee, the Company (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, the Company (current)
1972-04-09
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2025-10-03
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-21
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-22
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-09
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-23
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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