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ValueCommerce Co.,Ltd.

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Recent & upcoming events

Oct 29
Earnings 2:00
Q3 earnings announcement (scheduled)
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Jul 29
Earnings 2:00
Q2 earnings announcement (scheduled)
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Jun 28
Ex-dividend Time TBD
Ex-rights date (interim)
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Jun 25
Dividend Time TBD
Last day with rights (interim)
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Apr 28
Earnings 2:00
Q1 earnings announcement (scheduled)
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Mar 24
Shareholder meeting Time TBD
Shareholders' meeting
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Jan 30
Earnings 1:00
FY earnings announcement (scheduled)
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Dec 27
Est.
Dividend Time TBD
Last day with rights (year-end)
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Dec 28
Est.
Ex-dividend Time TBD
Ex-rights date (year-end)
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2027
Jan 28
Est.
Earnings 1:00 approx.
Full-year earnings
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Apr 29
Est.
Earnings 2:00 approx.
Q1 earnings
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Jun 27
Est.
Dividend Time TBD
Last day with rights (interim)
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Jun 28
Est.
Ex-dividend Time TBD
Ex-rights date (interim)
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Jul 29
Est.
Earnings 2:00 approx.
Q2 earnings
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Nov 4
Est.
Earnings 2:00 approx.
Earnings announcement (predicted)
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Past events
2026
Oct 29
Earnings 2:00
Q3 earnings announcement (scheduled)
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KPI highlights

FY25
Revenue ¥24.17B YoY -20.5%
Operating income ¥1.97B margin 8.2%
Net income ¥487M YoY -82.9%
EPS ¥23 YoY -80.1%
P/E —
ROE 3.9% Equity ratio 76% Typical equity ratios vary a lot by industry. Banks, brokerages, and other financial companies tend to run lower ratios because leverage (using other people's capital) is core to their business model — a low ratio there isn't a sign of financial weakness.

Company guidance

FY2026/12 Company-issued full-year guidance (from earnings report) / %=vs prior FY
Revenue ¥14.40B -40.4%
Operating income ¥-700M -135.5%
Net income ¥-800M -264.3%
EPS ¥-37 -263.9%

Quarterly fundamentals

Income & cash flow
Quarter FY23 Q3FY23 Q4FY24 Q1FY24 Q2FY25 Q1FY26 Q1
Revenue ¥6.96B¥7.64B¥7.65B¥7.30B——
Operating income ¥1.15B¥1.36B¥1.31B¥884M——
Net income ¥828M¥722M¥913M¥599M——
Operating CF ¥1.11B¥785M¥1.58B¥930M——

Ownership over time

Share of total shares outstanding (disclosed major holdings + undisclosed)(2020–2025)

国内機関 13.4%海外機関 9.4%未開示 77.2%202020212022202320242025
事業法人国内機関海外機関個人未開示・浮動株

「国内機関」は信託銀行の名義口座(年金・パッシブ・一部海外資本を含む)を集計し、実質保有者へは分解していません。分類は開示名称からの推定です。

Top shareholders — rank & share

日本マスタートラスト信託銀行株式会社 8.1%日本マスタートラスト信託銀行株式会社(信託口)株式会社日本カストディ銀行(信託口) 2.5%株式会社日本カストディ銀行(信託口)STATE STREET BANK 2%STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 株式会社みずほ銀行決済営業部)JPLLC CLIENT ASSET 2%JPLLC CLIENT ASSETS-SK J(常任代理人 シティバンク、エヌ・エイ東京支店)BNP PARIBAS NEW YO 1.7%BNP PARIBAS NEW YORK BRANCH FOR TREATY(常任代理人 香港上海銀行東京支店)モルガン・スタンレーMUFG証券株式 1.5%モルガン・スタンレーMUFG証券株式会社野村信託銀行株式会社(投信口) 1.3%野村信託銀行株式会社(投信口)BNY GCM CLIENT ACC 1.1%BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)(常任代理人 株式会社三菱UFJ銀行)THE BANK OF NEW YO 1%THE BANK OF NEW YORK MELLON 140044(常任代理人 株式会社みずほ銀行決済営業部)202020212022202320242025

Top shareholders — actual figures (as of 2025)

Holder Shares held Ratio Source
日本マスタートラスト信託銀行株式会社(信託口) 1,765,000 8.1% Yuho (EDINET)
株式会社日本カストディ銀行(信託口) 531,500 2.5% Yuho (EDINET)
STATE STREET BANK AND TRUST COMPANY 505103 443,600 2.0% Yuho (EDINET)
JPLLC CLIENT ASSETS-SK J 434,908 2.0% Yuho (EDINET)
BNP PARIBAS NEW YORK BRANCH FOR TREATY 368,900 1.7% Yuho (EDINET)
JP JPMSE LUX RE BARCLAYS CAPITAL SEC LTD EQ CO 335,000 1.5% Yuho (EDINET)
モルガン・スタンレーMUFG証券株式会社 327,319 1.5% Yuho (EDINET)
野村信託銀行株式会社(投信口) 284,700 1.3% Yuho (EDINET)
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) 241,433 1.1% Yuho (EDINET)
THE BANK OF NEW YORK MELLON 140044 209,400 1.0% Yuho (EDINET)

Source:EDINET(大株主の状況) Classification inferred from disclosed names

F-Score (Piotroski)

6/9

Checks financial health against 9 criteria and shows how many are met as a fraction (more ✓ marks is healthier). Items with no data are shown as “—” — they're simply excluded from judgment, not counted against the score.

✓ Positive ROA ROA 3.0%
✓ Positive operating cash flow ¥1.92B
✗ ROA improved YoY 14.6% → 3.0%
✓ Operating CF exceeds net income (accrual quality) OCF ¥1.92B / net income ¥487M
✓ Equity ratio improved* Substitute for the original “decrease in long-term debt” 65.6% → 75.5%
✓ Current ratio improved 2.64× → 3.94×
✓ No dilution (shares outstanding did not increase) 34,471,000 → 34,471,000
✗ Gross margin improved 32.8% → 30.4%
✗ Asset turnover improved 1.55× → 1.50×

This score is reference information based on our own financial metrics. It is NOT a credit rating issued by a credit rating agency under Article 66-27 of the Financial Instruments and Exchange Act, and is NOT investment advice or a recommendation. Make investment decisions at your own responsibility.

Fact checklist

FY25
Equity ratio 75.5%
Current ratio 3.9×
Years of positive operating CF 10 of last 10 yrs
Payout ratio 405%
Latest fiscal year result Profit (net income ¥487M)

Performance history

Last 10 years
0億円89億円179億円268億円357億円 FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

Income & assets

Unit: ¥100M
Item FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Revenue 175169208257292336357294304242
Operating income 9.2322.237.649.762.279.182.552.341.619.7
Ordinary income 10.022.637.949.962.779.583.252.241.214.8
Net income 3.4510.126.033.542.732.658.134.028.64.87
Total assets 99.8117147180225239282284196161
Equity 61.669.791.5115147166208225129122

Indicators & cash flow

Unit: ¥100M
Item FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
EPS ¥10¥31¥81¥104¥132¥101¥180¥105¥113¥23
ROE 5.6%15.5%32.4%32.4%32.6%20.9%31.1%15.7%16.2%3.9%
Operating CF 10.022.127.640.458.954.067.735.034.619.2
Investing CF -10.9-5.366.27-31.4-12.10.34-3.67-4.04-7.08-14.4
Financing CF -5.10-2.68-4.08-10.2-11.3-13.6-17.2-17.5-125-12.3
FCF -0.8516.733.89.0646.954.364.131.027.54.80

Source: EDINET (Annual Securities Report) (fetched 2026-08-29) *Some metrics supplemented from additional sources

Sector positioning

Relative standing within the sector

Data provided by Twelve Data