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WILLPLUS Holdings Corporation

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Recent & upcoming events

Sep 28
Shareholder meeting Time TBD
Shareholders' meeting
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Aug 13
Earnings 2:00
FY earnings announcement (scheduled)
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Jun 28
Ex-dividend Time TBD
Ex-rights date (year-end)
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Jun 25
Dividend Time TBD
Last day with rights (year-end)
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Nov 12
Earnings 1:00 approx.
Q1 earnings announcement (scheduled)
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Dec 27
Est.
Dividend Time TBD
Last day with rights (interim)
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Dec 28
Est.
Ex-dividend Time TBD
Ex-rights date (interim)
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2027
Feb 11
Est.
Earnings 1:00 approx.
Earnings announcement (predicted)
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May 13
Est.
Earnings 2:00 approx.
Earnings announcement (predicted)
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Jun 27
Est.
Dividend Time TBD
Last day with rights (year-end)
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Jun 28
Est.
Ex-dividend Time TBD
Ex-rights date (year-end)
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Aug 12
Est.
Earnings 2:00 approx.
Earnings announcement (predicted)
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Nov 11
Est.
Earnings 1:00 approx.
Earnings announcement (predicted)
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KPI highlights

FY26
Revenue ¥96.84B YoY +9.3%
Operating income ¥1.43B margin 1.5%
Net income ¥1.11B YoY -23.2%
EPS ¥122 YoY -23.0%
P/E —
ROE 9.9% Equity ratio 27% 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

FY2027/06 Company-issued full-year guidance (from earnings report) / %=vs prior FY
Revenue ¥116.42B +20.2%
Operating income ¥2.25B +58.0%
Net income ¥1.26B +13.3%
EPS ¥138 +13.3%

Quarterly fundamentals

Income & cash flow
Quarter FY23 Q4FY24 Q1FY24 Q2FY24 Q3FY25 Q3FY25 Q4
Revenue ¥11.51B¥12.11B¥12.75B———
Operating income ¥355M¥344M¥539M———
Net income ¥240M¥228M¥455M———
Operating CF ——————

Ownership over time

Share of total shares outstanding (disclosed major holdings + undisclosed)(2021–2025)

事業法人 29.6%国内機関 7.1%個人 29.5%未開示 31%20212022202320242025
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

成瀬 隆章 23.6%成瀬 隆章株式会社ICS 8%株式会社ICS株式会社ETH 8%株式会社ETH株式会社MMZ 8%株式会社MMZ株式会社ゼロ 5.6%株式会社ゼロ株式会社日本カストディ銀行(信託口) 4%株式会社日本カストディ銀行(信託口)齊田 勇 3.7%齊田 勇日本マスタートラスト信託銀行株式会社 3.1%日本マスタートラスト信託銀行株式会社(信託口)NOMURA PB NOMINEES 2.8%NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB)常任代理人野村證券株式会社内藤 征吾 2.2%内藤 征吾20212022202320242025

Top shareholders — actual figures (as of 2025)

Holder Shares held Ratio Source
成瀬 隆章 2,207,280 23.6% Yuho (EDINET)
株式会社ICS 750,000 8.0% Yuho (EDINET)
株式会社ETH 750,000 8.0% Yuho (EDINET)
株式会社MMZ 750,000 8.0% Yuho (EDINET)
株式会社ゼロ 521,600 5.6% Yuho (EDINET)
株式会社日本カストディ銀行(信託口) 374,900 4.0% Yuho (EDINET)
齊田 勇 342,640 3.7% Yuho (EDINET)
日本マスタートラスト信託銀行株式会社(信託口) 288,000 3.1% Yuho (EDINET)
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB) 259,400 2.8% Yuho (EDINET)
内藤 征吾 207,700 2.2% Yuho (EDINET)

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

F-Score (Piotroski)

3/9

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 2.5%
✓ Positive operating cash flow ¥764M
✗ ROA improved YoY 3.9% → 2.5%
✗ Operating CF exceeds net income (accrual quality) OCF ¥764M / net income ¥1.11B
✗ Equity ratio improved* Substitute for the original “decrease in long-term debt” 29.0% → 26.6%
✗ Current ratio improved 1.48× → 1.29×
✓ No dilution (shares outstanding did not increase) 10,412,300 → 10,358,400
✗ Gross margin improved 14.0% → 13.6%
✗ Asset turnover improved 2.38× → 2.21×

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

FY26
Equity ratio 26.6%
Current ratio 1.3×
Years of positive operating CF 8 of last 11 yrs
Payout ratio 1025%
Latest fiscal year result Profit (net income ¥1.11B)

Performance history

Last 10 years
0億円242億円484億円726億円968億円 FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Income & assets

Unit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Revenue 236258299351408397441477886968
Operating income 12.112.611.211.622.923.718.714.918.514.3
Ordinary income 12.012.611.212.023.023.819.415.619.014.3
Net income 7.448.157.308.0215.315.513.011.214.411.1
Total assets 93.5113147166170186236322372439
Equity 41.447.954.261.275.388.397.5111122129

Indicators & cash flow

*Split-adjustedUnit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
EPS ¥81¥88¥78¥85¥161¥163¥135¥116¥158¥122
ROE 19.4%18.2%14.3%13.9%22.5%19.0%14.0%11.5%14.0%9.9%
Operating CF 4.41-1.620.5717.228.919.1-22.725.1-13.07.64
Investing CF -6.73-4.54-18.8-12.0-6.76-2.18-4.12-38.6-5.45-30.1
Financing CF 2.686.6417.75.94-13.64.6914.345.725.844.5
FCF -2.31-6.16-18.25.1522.116.9-26.8-13.5-18.5-22.4

Source: EDINET (Annual Securities Report) (fetched 2026-09-28) *Some metrics supplemented from additional sources

Key financial metrics

3-year revenue growth ✓ Dividend grower ✓

Sector positioning

Relative standing within the sector

IR disclosure history

Timely disclosures & annual reports

Data provided by Twelve Data