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Overview

Retail Trade

MRK HOLDINGS INC.

MRK Holdings is a holding company operating primarily through its subsidiaries in women's foundation garments and body-shaping lingerie, sold via company-owned retail stores and e-commerce channels nationwide. The group also offers related products including body care cosmetics, custom-made insoles and shoes, supplements, and health foods, supported by after-service body-making consultations in-store. Additional business segments include maternity and baby apparel/goods, wedding and banquet venue operations, and hair salon services, with a subsidiary handling sales in China through a local agency agreement.

Market Cap

¥8.52B

US$54.3M

¥6.93B

US$44.2M

Stock¥88▲+0.00%

US$1 = ¥156.80 (2026-10-23)

LTM EV/EBITDA

5.5

LTM EV/EBIT

7.8

LTM PER

7.7

LTM PBR

0.6

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-24.6%pt

Oct 24, 25 – Oct 23, 26StockTOPIX

MC → EV Bridge

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Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

97%

EquityD/E 0.03xDebt

Liquidity vs Debt 5Y (¥B)▲ Net Cash

CashInv. Sec.Debt

Shareholders

Top 10 hold 67.6%

as of 2026-03-31 · Source: Annual Securities Report

RIZAP GROUP,Inc.

56.97%

ITOCHU Corporation

4.20%

MRK HOLDINGS INC. Employee Stock Ownership Association

1.89%

Kazunobu NAKAJIMA

1.52%

Rakuten Securities, Inc. (Joint Account)

0.71%

Daiwa Securities Co. Ltd.

0.59%

Nomura Securities Co., Ltd.

0.53%

Japan Securities Finance Co.,Ltd.

0.50%

Masako MASAOKA

0.35%

Kazuo YANAGITANI

0.32%

Management

6 officers

Masafumi OKAMOTO

Representative Director, President and Executive Officer

Apr 1989 Joined P&G Far East Inc. (now P&G Japan G.K.) Jul 2001 Joined Charle Co., Ltd. Apr 2004 Representative Director, Pre-ru Co., Ltd. Apr 2006 Representative Director, N.L.C. Corporation Jun 2007 Executive Officer, Charle Co., Ltd. Dec 2008 Representative Executive Officer and President, Charle Co., Ltd. Jul 2009 Representative Director, President, Charle Co., Ltd. May 2014 Director, Vice President, Yumi Katsura International Co., Ltd. Dec 2018 Representative Director, President, Laguna Holdings Co., Ltd. Jan 2022 Representative Director, President, Miyatake Seisakusho Co., Ltd. Jan 2022 Representative Director, President, Air Rhizome Co., Ltd. Apr 2025 Vice President and Executive Officer, the Company Apr 2025 Representative Director, President and Executive Officer, Marco Co., Ltd. (current) Jun 2025 Director, Vice President and Executive Officer, the Company Oct 2025 Director, MISEL Co., Ltd. (current) Oct 2025 Director, ALTIQS Co., Ltd. (current) Jan 2026 Executive Officer, RIZAP Co., Ltd. (current) Apr 2026 Representative Director, President and Executive Officer, the Company (current)

1964-12-04

Shinichiro MAKITA

Director, Audit and Supervisory Committee Member (Full-time)

May 1994 Joined the Company Oct 2005 General Manager, Business Planning and Management Department, the Company Jun 2009 General Manager, Accounting Department, the Company Sep 2011 Executive Officer, the Company Jan 2014 Supervisor, Maluka (Shanghai) International Trade Co., Ltd. (current) Apr 2014 Executive Officer, Deputy General Manager, Administration Division, the Company Apr 2016 Executive Officer, General Manager, Administration Division, the Company May 2017 Director, MISEL Co., Ltd. Oct 2018 Executive Officer, General Manager, Administration Division, Marco Co., Ltd. Jun 2020 General Manager, General Affairs Department, the Company Sep 2020 General Manager, Internal Audit Department, the Company Jun 2022 Director, Audit and Supervisory Committee Member, the Company (current) Jun 2022 Corporate Auditor, Marco Co., Ltd. (current) Oct 2025 Corporate Auditor, MISEL Co., Ltd. (current) Oct 2025 Corporate Auditor, ALTIQS Co., Ltd. (current)

1963-09-14

Toru SHIOTA

Director, Chairman of the Board

Apr 2015 Manager, Human Resources and General Affairs Divisions, CEO Office Manager, Panasonic Healthcare Holdings Co., Ltd. (now PHC Holdings Corporation) Jun 2020 Director, RIZAP Group Co., Ltd. Jun 2020 Director, the Company Jun 2020 Director, Horita Marusho Co., Ltd. (now Bitcoin Japan Co., Ltd.) Aug 2020 Director, RIZAP Co., Ltd. (current) Dec 2020 Director, SD Entertainment Co., Ltd. (current) Apr 2022 Representative Director, President, RIZAP Business Innovation Co., Ltd. (current) Jun 2022 Representative Director, Chairman, RIZAP Technologies Co., Ltd. (current) Sep 2022 Representative Director, Chairman and President and Executive Officer, REXT Co., Ltd. (current) Sep 2022 Representative Director, Chairman and President and Executive Officer, REXT Holdings Co., Ltd. (current) Feb 2023 Representative Director, President, Kenko Communications Co., Ltd. Nov 2023 Representative Director, President, the Company Jun 2024 Senior Managing Director, in charge of overall business and administration, RIZAP Group Co., Ltd. Jun 2024 Representative Director, President, Yumetenbo Co., Ltd. Jan 2025 Representative Director, President, BRUNO Co., Ltd. (current) Jun 2025 Director, Chairman, Yumetenbo Co., Ltd. (current) Jun 2025 President and Executive Officer, the Company Aug 2025 Senior Managing Director, in charge of overall business, administration and RIZAP Group management, RIZAP Group Co., Ltd. (current) Apr 2026 Director, Chairman of the Board, the Company (current)

1973-08-21

Sakurako SHIGEMITSU

Director

Apr 1991 Joined Itochu Corporation May 1998 Joined World Planning Co., Ltd. Feb 2007 Joined Ehara Doh Co., Ltd. Jun 2013 Joined Japan Tupperware Co., Ltd. Feb 2014 Joined Dr. Ci:Labo Co., Ltd. Jan 2019 Joined Pirika International Japan Co., Ltd. Aug 2020 Executive Officer, Love Stock Co., Ltd. (current) Jun 2021 Outside Director, the Company (current)

1968-07-09

Gen MUTO

Director, Audit and Supervisory Committee Member

Apr 1991 Registered as attorney-at-law Apr 1991 Joined Kanto Law Office Jul 1994 Partner Attorney, Sogae & Muto Law Office Jul 2003 Corporate Auditor, Medical Corporation Tojinkai (now Medical Corporation Kanshinkai) Feb 2004 Opened Allegretto Law Office, Partner Attorney Jul 2008 Director, Chukeigyo Saiken Kaishu Co., Ltd. (now Reborn Saiken Kaishu Co., Ltd.) Apr 2010 Opened Agora Sogo Law Office (now Forum Sogo Law Office), Managing Attorney (current) Jun 2024 Outside Director, Audit and Supervisory Committee Member, the Company (current)

1961-03-15

Satoshi KUSUNOKI

Director, Audit and Supervisory Committee Member

Apr 1982 Joined Mitsubishi Kasei Corporation (now Mitsubishi Chemical Corporation) Apr 2009 Deputy Director, Shanghai Office, Mitsubishi Chemical Corporation Apr 2009 Deputy General Manager, Mitsubishi Kasei (China) Trading Co., Ltd. Apr 2011 Deputy General Manager, Mitsubishi Chemical Holdings Management (Beijing) Co., Ltd. Jan 2013 General Manager, General Affairs Department, Mitsubishi Chemical Medience Corporation (now LSI Medience Corporation) Apr 2014 Executive Officer, General Manager, General Affairs Department, Mitsubishi Chemical Medience Corporation Apr 2014 Executive Officer, General Manager, General Affairs Department, Life Science Institute, Inc. Apr 2017 Director, General Manager, Administration Division, LSI Medience Corporation Apr 2017 Director, General Manager, Administration Division, Life Science Institute, Inc. Jun 2019 Director, Japan Labour Health Association Aug 2019 Director in charge of General Affairs, Human Resources and Internal Control, LSI Medience Corporation Apr 2020 Representative Director and Managing Director, LSI Medience Corporation May 2024 Advisor, Nakagawa Special Steel Co., Ltd. (current) Jun 2024 Outside Director, Audit and Supervisory Committee Member, the Company (current)

1960-03-24

Large Shareholding Reports

RIZAP Group, Inc.

2026-07-07

54.30%→54.30%

Annual report (as of 2026-03-31): 56.97%

Disclosures

No disclosures

Primary Source Filings

EDINET

2026-07-07

Large Shareholding Report

MRK HOLDINGS INC.

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MRK HOLDINGS INC.

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