Price history
¥543Latest+65.0%
Drag across the chart to measure the move between two points.Delayed 15 minutes · monthly closing basis
Business overview
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Key numbersShowing 8 of 19
PER
134.2How many years of earnings it would take to buy the stock. The market average is generally considered to be around 15.PBR
2.82How many times the company's net assets? Around 1x is generally considered a benchmark.ROE
-11.2%Earning power. A figure above 10% is generally considered good.Dividend yield
0.0%The annual dividend as a percentage of the share price.Market capitalization
¥6.0bnShare price × number of shares. The value of the entire company.Equity ratio
59.6%The proportion of assets funded by money that does not have to be repaid.Operating margin
-9.1%The percentage of revenue remaining from the company’s core business.Revenue growth (3 years)
-24.4%The average annual growth in sales over the past three years.What to watch next
Improved operating and sales efficiency following the relocation and interior renovation of the head office facility, with a total cost of ¥250 million, construction scheduled to begin in September 2026 and completion planned for February 2027 or May 2027
September 2026 to May 2027, based on current plansImpact MediumLikelihood Medium
Progress in the implementation of AI appraisal, authenticity certification and other initiatives outlined in the Mid-term Vision (FY2027-FY2029), and confirmation of their contribution to listings, conversion rates and claim reduction
Impact HighLikelihood Low
Further development of the basic business partnership agreement with MAG0 CREATION, including the launch of new distribution channels and creation of new transactions
Impact MediumLikelihood Medium
Improved convenience and broader use of live bidding, including growth in new customer segments and auction opportunities
From 2026 onward, based on the continuation of investment and current policiesImpact MediumLikelihood Medium
What to watch next
Who owns itTop holders total 71.9%
Listed holders 71.9%Everyone else 28.1%
Catalyst Art Investments株式会社33.30%
MATSUI SECURITIES CO.,LTD.13.27%
SBI SECURITIES CO., LTD.11.32%
JUN・ASET株式会社3.38%
采譽投資有限公司(香港)/代理人(三田証券株式会社経由)2.99%
楽天証券株式会社2.17%
佐山 公男2.06%
GMO CLICK Securities, Inc.1.46%
2 other listed holders1.98%
| Holder | Ownership (%) |
|---|---|
| Catalyst Art Investments株式会社 | 33.30 |
| MATSUI SECURITIES CO.,LTD. | 13.27 |
| SBI SECURITIES CO., LTD. | 11.32 |
| JUN・ASET株式会社 | 3.38 |
| 采譽投資有限公司(香港)/代理人(三田証券株式会社経由) | 2.99 |
| 楽天証券株式会社 | 2.17 |
| 佐山 公男 | 2.06 |
| GMO CLICK Securities, Inc. | 1.46 |
| 2 other listed holders | 1.98 |
This company's documents
Filings
Timely disclosures
- 2026-10-19【Held on 17 October】Notice Regarding the Auction Results for Western Art / Bags / Jewelry & Watches
- 2026-10-15Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger / Abbreviated Merger)
- 2026-10-15First-Quarter Financial Results for the Fiscal Year Ending May 2027 (Japanese GAAP) (Consolidated)
- 2026-10-15Financial Results Presentation for the First Quarter of the Fiscal Year Ending May 2027 (Smartphone Version)
- 2026-10-15First-Quarter Financial Results Briefing Materials for the Fiscal Year Ending May 2027
- 2026-09-28Notice Regarding the Results of the 96th Autumn Special Auction
- 2026-09-28【Held on 26 September】Notice Regarding the Winning Bids at the WINE / LIQUOR Auction
- 2026-09-16Corporate Governance Report 2026/09/16
23 more
- 2026-09-14【Held on 12 September】Notice Regarding the Results of the Auction
- 2026-08-31Matters Concerning Controlling Shareholders
- 2026-08-29Notice Regarding Partial Corrections to the Convocation Notice for the General Meeting of Shareholders
- 2026-08-28Notice of Resolutions of the 37th Annual General Meeting of Shareholders
- 2026-08-27Articles of Incorporation 2026/08/27
- 2026-08-05Materials for the 37th Annual General Meeting of Shareholders (Matters Not Included in the Documents Delivered)
- 2026-08-05Notice of Convocation of the 37th Annual General Meeting of Shareholders and General Meeting Materials
- 2026-07-21Notice Regarding the Results of the Auction Held on 18 July
- 2026-07-15Summary of Financial Results for the Fiscal Year Ended May 2026 (Japanese GAAP) (Consolidated)
- 2026-07-15Financial Results Briefing Materials for the Fiscal Year Ending May 2026
- 2026-07-15Medium-Term Management Vision FY2027-2029
- 2026-07-15Notice Regarding Recognition of an Inventory Valuation Loss (Cost of Sales), Recognition of an Extraordinary Loss, the Difference Between the Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending May 2026, and a Dividend from Surplus (No Dividend)
- 2026-07-07Notice Regarding the Winning Bids at the 95th Auction
- 2026-06-25Notice Regarding Changes in Subsidiary Officers
- 2026-06-24Notice Regarding Changes in Subsidiary Officers
- 2026-06-23Notice Concerning the Resignation of an Outside Director
- 2026-06-15【June 2026】Notice Regarding Winning Bids at the WINE LIQUOR Auction
- 2026-05-25Notice Regarding Auction Results for the Modern and Contemporary Art Collection
- 2026-04-30Notice Regarding the Results of the Spring Special Auction
- 2026-04-27Notice Regarding the Results of the Special "Kitaoji Rosanjin" Auction
- 2026-04-13Notice Regarding Changes to the Shareholder Benefit Program
- 2026-04-13Financial Results for the Third Quarter of the Fiscal Year Ending May 2026 (Japanese GAAP) (Consolidated)
- 2026-02-27Notice Regarding Changes in Representative Directors
Threads
- 2026-10-19Ongoing timely disclosure of auction results
- 2026-10-15Securing High-Quality Works for Consignment and Encouraging Participation by Affluent Collectors
- 2026-10-15Active Expansion of Private Sales
- 2026-10-15Securing Stable Electricity-Sales Revenue
- 2026-10-15Achieving Significant Revenue and Profit Growth
- 2026-10-15Impact of Declining Consignment Volumes on Performance
- 2026-10-15Quarterly Seasonality Driven by Auction Timing
- 2026-10-15Transition to a Holding-Company Structure and Spin-Off of the Auction Business
117 more
- 2026-10-15Asset-Protection Diamond Sales Through the Shinwa Diamond Club
- 2026-10-15Improving Profitability Through SG&A Review
- 2026-10-15Shift toward postwar and contemporary art and an urgent review of the business portfolio
- 2026-10-15Management Oversight by Outside Directors and Outside Audit & Supervisory Board Members
- 2026-10-15Head Office Relocation
- 2026-10-15Remediation of Material Weaknesses in Internal Control over Financial Reporting
- 2026-10-15Building recurring revenue through art-backed lending
- 2026-10-15Transitioning to an art × finance platform business model
- 2026-10-15Revenue targets for FY2027–FY2029
- 2026-10-02Japanese Modern Art Revitalization Project and Market-Making Function
- 2026-09-16Governance Focused on Stakeholder Trust and Enhancing Corporate Value
- 2026-09-16Compliance, Exclusion of Antisocial Forces and Whistleblower Systems
- 2026-09-16Company-Wide Risk Management Framework
- 2026-08-31Change in Major Shareholders Through Share Transfers from a Major Shareholder to Management and Others
- 2026-08-28Enhancing the Economic Value of Japanese Artworks and Corporate Value
- 2026-08-28Diversification Through New Revenue Pillars
- 2026-08-28Expansion of Low-Voltage Solar Power Generation Facility Sales
- 2026-08-28Making Medical Tourism a Revenue Pillar
- 2026-08-28Building the Business Platform for Medical Tourism
- 2026-08-28Platform for Attracting Visitors from China and Asia
- 2026-08-28International Business Expansion Including Hong Kong and Myanmar
- 2026-08-28Management Control through the Medium-Term Management Plan and Monthly Performance Management
- 2026-08-28Balancing Stable Dividends, Retained Earnings and Financial Strengthening
- 2026-08-28Performance-Linked Executive Compensation
- 2026-08-28Small Organizational Scale and Shortcomings in Human Resources and Internal Management
- 2026-08-28Domestic and Global Economic Slowdowns, Geopolitical Risks and Oil-Price Volatility
- 2026-08-28Competition from Domestic and International Auction Houses and New Entrants
- 2026-08-28Risk of Repayment and Recovery of Advance Payments
- 2026-08-28Decline in the Value of Strategic Inventory and Capital Tied Up in Inventory
- 2026-08-28Risk of Changes to the Feed-in Tariff Scheme
- 2026-08-28Valuation Risk from Floating-Rate Borrowings and Interest-Rate Swaps
- 2026-08-28Reliance on Borrowings and Liquidity Management
- 2026-08-28Executive structure changed to consolidate representative authority under a single president
- 2026-08-28Impairment of Fixed Assets in the Energy-Related Business
- 2026-08-28Medium- to long-term target of consolidated ROE of 15% or higher
- 2026-08-28Period-End Movements in Auction Receivables and Payables Due to the Auction Settlement Cycle
- 2026-08-28Revenue Composition of Commission Income and Sales of Inventory
- 2026-08-28Recognition of litigation-related losses
- 2026-08-28Shift in Artwork Price Ranges from Modern Art to Modern Art Part II
- 2026-08-28Impairment of investment securities
- 2026-08-28Recognition of bad debt losses
- 2026-08-28Business Integration with アイアート株式会社 Through a Share Exchange
- 2026-08-28Handling Whisky in the Wine and Liquor Auction
- 2026-08-28Recoverability and Impairment Risk Relating to Goodwill from the Ai-Art Integration
- 2026-08-28Valuation and Recovery Risks Relating to Shares in and Loans to Affiliates
- 2026-08-28Human-Capital Management, Talent Development and Human-Resources Strategy
- 2026-08-28Board Oversight and Supervision of Sustainability Issues
- 2026-08-28Developing the Jewelry and Watch Division into a Major Auction Pillar
- 2026-08-28Shareholder Benefit Program Incorporating an Asset-Building Art Investment Salon and Other Offerings
- 2026-08-28Improper Accounting for Private Sales and Restatement of Prior-Period Results
- 2026-08-28Transition from Restoring Trust to a Growth Trajectory and Strategic Financing
- 2026-08-28Medium-Term Management Vision FY2027–FY2029 Financial Targets
- 2026-08-28Completion of Structural Reform in the Fiscal Year Ending May 2027 and Growth Phase from the Fiscal Year Ending May 2028
- 2026-08-28Consideration of Entry into an Art-Backed Movable-Asset Lending Business
- 2026-08-28Expansion into the Collectibles Sector
- 2026-08-28Implementation of Technologies Including AI Valuation and Authentication Certification
- 2026-08-28Licensing, Credit, Collateral-Liquidation and Monetization Risks in the Art-Backed Lending Business
- 2026-08-27Authentication Management and Prevention of Counterfeit Art Distribution Using NFTs
- 2026-08-27Expanding into adjacent collectibles categories
- 2026-08-05Subsidiary Management and Group Internal Controls
- 2026-07-15Capturing Demand in Asia and Other Overseas Markets Through an International Team
- 2026-04-13Impact of Weak Average Hammer Prices and Overseas Auction Markets on Performance
- 2026-01-13Recognition of an impairment loss on crypto-assets
- 2025-08-29Issuance of the 17th Stock Acquisition Rights
- 2025-08-29Cross-Shareholdings Held for Strategic Business Purposes
- 2025-08-29Dissolution and Liquidation of Shinwa Market株式会社
- 2025-08-29Application of Accounting Standards for Corporate Income Taxes and Other Taxes
- 2025-08-29Basic Agreement on a Business Alliance with MAGO CREATION Co., Ltd.
- 2025-02-27Full-Scale Launch of the PKS Business in Malaysia
- 2025-02-27Risks of Rising PKS Procurement Prices, Securing Volumes and Foreign-Exchange Fluctuations
- 2024-11-05Strategic Holding of Masterpiece Inventory
- 2024-11-05Launch of the MANGA Auction
- 2024-11-05Addition of シンワクリエイト株式会社 to the Scope of Consolidation
- 2024-11-05Targeting Profitability for the PKS Business in the Fiscal Year Ending May 2021
- 2024-11-05Costs Related to Solar Power Plant Repair Work
- 2024-11-05NFT Art Business in the Metaverse Through Edoverse
- 2024-11-05Launch of the AI Medical-Diagnosis Support Business and Introduction of AI-BOX
- 2024-11-05Declining Profitability and Asset Impairment in the NFT Art Sales Business
- 2023-10-13Smoothing Quarterly Seasonality
- 2023-10-13Covering the Deficit and Strengthening the Financial Position Through a Capital Reduction and Appropriation of Surplus
- 2023-08-29Flexible Shareholder Returns Through Share Repurchases and Interim Dividends
- 2023-08-29Business Impact of the Spread of COVID-19
- 2023-08-29Infection-Prevention and Work-Style Measures in Response to the Spread of COVID-19
- 2023-08-29Recognition of Cash Proceeds and Gains from the Sale of Investment Securities
- 2023-04-14Holding of the Avatar Auction
- 2022-08-30Enhancing Art Value Through an IT Storage Business and an Art Fund
- 2022-08-30Risk of Revenue Shortfalls if an Edoverse Client’s Business Is Not Completed
- 2022-04-14Corporate Reorganization Proceedings Filed by Counterparty Ise Co., Ltd.
- 2021-10-14Preparation for Applying the Revenue Recognition and Fair Value Measurement Accounting Standards for the Fiscal Year Ending May 2022
- 2021-08-27Mega-Solar Acquisition Plan
- 2021-08-27Material Event Relating to Going Concern Following Three Consecutive Years of Losses
- 2021-08-27Changes in the Valuation Method and Estimates for Inventories
- 2021-08-27Introduction of Directors and Officers Liability Insurance
- 2021-04-14Remote Participation Infrastructure Through Internet Participation and Online Auctions
- 2021-04-14Launch of the Asset-Building Art Investment Salon
- 2021-01-14Variability in Power Generation Due to Weather, Equipment Deterioration and Disasters
- 2019-08-30Preparation to Launch a Microfinance Business in Myanmar
- 2019-08-30Creating and Expanding a Fair, Transparent and Trusted Auction Market
- 2019-08-30Microfinance Loan-Repayment and Myanmar Political and Regulatory Risks
- 2019-08-30Renovation of the Auction Venue
- 2019-04-12Entry into the Overseas Real-Estate Introduction Business
- 2018-08-31Project Revisions Due to Competition and Delays in Grid Interconnection
- 2018-08-31Foreign-Exchange Risk from Translating Overseas Subsidiaries’ Financial Statements
- 2018-08-31Risk of no sale due to valuations that diverge from market conditions
- 2017-04-14Sales of Supplements Under an Original Brand
- 2017-04-14Capital and Business Alliance with 彩譽投資有限公司 and Third-Party Allotment
- 2017-01-13Art, Luxury Services and Japan-Investment Support for Mainland Chinese Companies
- 2016-08-31Suspension of Medical Fee Receivables Factoring
- 2016-08-31Launch of the Insurance Business
- 2016-08-31Afforestation Business in Myanmar
- 2016-08-31Reputational Damage from Valuation Errors and Authentication Issues
- 2016-08-31Risk of Minimum-Sale-Price Guarantees for Large Consignments
- 2016-08-31Damage to Stored Works from Natural Disasters, Willful Misconduct or Gross Negligence
- 2016-08-31Changes to and Expanded Application of Auction-Related Regulations
- 2016-08-31Risks Relating to Stolen or Lost Property and Copyright Compliance
- 2016-08-31Reputational and liability risks from customer information leaks
- 2016-08-31Counterparty Failure and Bad-Debt Losses in the Joint Electricity-Purchasing Business