Price history
¥427Latest-55.6%
Drag across the chart to measure the move between two points.Delayed 15 minutes · monthly closing basis
Business overview
A summary lands here once the filings have been read.
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Key numbersShowing 8 of 19
PER
6.35How many years of earnings it would take to buy the stock. The market average is generally considered to be around 15.PBR
0.45How many times the company's net assets? Around 1x is generally considered a benchmark.ROE
7.1%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
¥2.4bnShare price × number of shares. The value of the entire company.Equity ratio
39.2%The proportion of assets funded by money that does not have to be repaid.Operating margin
14.2%The percentage of revenue remaining from the company’s core business.Revenue growth (3 years)
3.6%The average annual growth in sales over the past three years.What to watch next
Emergence of group synergies and earnings contributions following the acquisition of Emu and Emu Lab as wholly owned subsidiaries (acquisition date: 30 April 2026; consideration: ¥1,000 million)
Second half of 2026 onward, including subsequent quarters (the timing of consolidation depends on the earnings reporting schedule)Impact MediumLikelihood Medium
Progress in expanding customer-referral partnerships, including diversification of customer acquisition channels alongside optimization of advertising expense allocation, as measured by improvements in partners, referral volumes and conversion rates
2026 (possibly still in the launch phase based on the latest disclosure)Impact MediumLikelihood Medium
Launch and monetization of the new brand through Ashery (studio Ashery TOKYO, opened in January 2026; the brand was launched in 2025)
Fiscal year 2026 through 2027Impact LowLikelihood Low
Progress toward the store-opening plans for Photo Wedding and Anniversary Photo, including HAPISTA, and trends in utilization and average spend per store
2026, through the end of the fiscal yearImpact HighLikelihood Medium
What to watch next
Who owns itTop holders total 50.0%
Listed holders 50.0%Everyone else 50.0%
IBJ49.98%
| Holder | Ownership (%) |
|---|---|
| IBJ | 49.98 |
This company's documents
Filings
Timely disclosures
- 2026-10-20Notice Regarding Partial Changes (Enhancements) to the Shareholder Benefit Program
- 2026-08-12Earnings Presentation for the Third Quarter of the Fiscal Year Ending September 2026
- 2026-08-12Summary of Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending September 2026 [IFRS]
- 2026-05-12Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending September 2026
- 2026-05-12Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending September 2026 (IFRS)
- 2026-05-07Notice Regarding the Execution of a Loan Agreement with Financial Covenants
- 2026-04-22Notice Regarding the Acquisition of Shares in 株式会社エミュ and 株式会社エミュLab (Making Them Wholly Owned Subsidiaries)
- 2026-04-01Notice Regarding the Lease of Fixed Assets by a Subsidiary and the Opening of the New "Studio AQUA Hamamatsu" Store
Threads
- 2026-08-12Expansion of the Photo Wedding Store Network and Locations
- 2026-08-12Multi-Store Expansion of the Anniversary Photo Business
- 2026-08-12Increase in the number of groups photographed at existing stores and rise in the average unit price
- 2026-08-12Delayed Recovery in the Fitness Business
- 2026-08-12Demand for Photo Weddings Peaks in Spring and Autumn
- 2026-08-12Record quarterly sales revenue, but operating profit declined due to higher expenses
- 2026-08-12Higher resource prices due to the Russia-Ukraine invasion and yen depreciation
- 2026-08-12Expansion into Life-Event Photography, Including Coming-of-Age Ceremonies and Pets
63 more
- 2026-08-12Services provided to approximately 20,000 couples annually
- 2026-08-12Substantial Interest-Bearing Debt and Rising Market Interest Rates
- 2026-08-12Size of Goodwill Balance and Impairment Risk
- 2026-08-12M&A as a Means of Expanding New Businesses and Services
- 2026-08-12Improving Operating Efficiency by Closing Unprofitable Stores and Relocating Studios
- 2026-08-12Strengthening customer acquisition through referral partnerships with other companies
- 2026-08-12Borrowing for the Acquisition of エミュ and Other Companies and Financial Covenants
- 2026-05-12Contraction of the traditional wedding ceremony and reception market
- 2026-05-12Demand for photo weddings as a new form of wedding
- 2026-05-12Performance Measurement Using Adjusted Operating Profit
- 2026-05-12Capital management to achieve sustainable growth and maximize corporate value
- 2026-05-12Financial covenants imposed by lending institutions
- 2026-05-12Syndicated Loan Refinancing
- 2026-05-12Front-Loaded Advertising and Hiring Investments to Accelerate New Store Openings
- 2026-05-12Growth in Photo Weddings and Becoming a Life Photo Company
- 2026-05-12Intensifying competition from competitors’ financial strength, pricing power and services
- 2026-05-12Non-repayment of security deposits and guarantee deposits due to deterioration in the creditworthiness of store landlords
- 2026-05-12Impact of MIXI, Inc.'s Shareholding Policy on Share Liquidity and Price
- 2026-05-12Introduction of a restricted stock compensation plan
- 2026-05-12Strengthening sales capabilities through a revamped sales process and enhanced customer experience
- 2026-05-12Expanding the Photo Wedding Market Through Promotion to Prospective Customers
- 2026-05-12IBJ Tender Offer Completed and IBJ Becomes Parent Company
- 2025-12-19Hiring Photographers and Makeup Artists as Permanent Employees and Developing Their Skills
- 2025-12-19Strengthening Customer Acquisition through Websites, SEO and Social Media
- 2025-12-19In-House Costume Design and Direct Sourcing
- 2025-12-19A Combination of Terminal, Satellite, Regional-City and Resort-Style Stores
- 2025-12-19Adjacent Photo Wedding Services and Capturing Inbound Demand
- 2025-12-19Errors in assumptions regarding the number of marriages, number of couples photographed, average spend per photo shoot and other factors, and delays in changing strategy
- 2025-12-19Risk of regulatory violations involving the Beauticians Act, the Act against Unjustifiable Premiums and Misleading Representations, and other laws
- 2025-12-19Leakage of Customer and Confidential Information
- 2025-12-19Insufficient Recruitment and Development, and Loss, of Specialized Personnel
- 2025-12-19Decline in Customer Acquisition Due to Changes in External Search Engine Algorithms
- 2025-12-19Website and Reservation System Failure
- 2025-12-19Delays in Store Opening Plans Due to Shortages of Sites and Personnel, Among Other Factors
- 2025-12-19Claims arising from deficiencies in photo data, albums, etc.
- 2025-12-19Decline in Users Due to Word of Mouth, Online Posts and Other Factors
- 2025-12-19Delays in Developing the Internal Management System in Response to Business Expansion
- 2025-12-19Dependence on Photo Wedding Services
- 2025-12-19Failure to Meet the Plan for New Business Investment
- 2025-12-19Priority Given to Retained Earnings and Timing of Dividend Payments Undecided
- 2025-12-19Post-M&A performance shortfall and goodwill impairment
- 2025-12-19Dual Oversight Framework Including Outside Directors and Outside Corporate Auditors
- 2025-12-19Review of Executive Appointments and Compensation by a Voluntary Nomination and Compensation Committee
- 2025-12-19Company-wide management through the Risk Management Committee and Compliance Committee
- 2025-12-19Executive compensation linked to budget achievement rates for operating profit and net income
- 2025-12-19Women's Advancement and a Workplace Environment Conducive to Women
- 2025-12-19Damage to the Head Office, Stores and Customers Caused by Natural Disasters
- 2025-12-19Impact of Inadequate Labor Management on Reputation and Talent Acquisition
- 2025-12-19Impairment of Fixed Assets Associated with Investments
- 2025-12-19Board Oversight of Material Sustainability Matters
- 2025-12-19Basic agreement toward a capital and business alliance with 株式会社IBJ
- 2025-05-08Expanding Anniversary Photo through collaboration with the MIXI Group
- 2024-12-20Prolonged COVID-19 pandemic and restrictions on activities
- 2024-12-20Estimated Number of Couples Using the Photo Wedding Market and Estimated Market Size
- 2024-12-20Dilution of Shareholder Value Through the Exercise of Stock Options
- 2024-12-20Stock Options Conditional on EBITDA Exceeding ¥1.3 Billion
- 2023-12-22Withdrawal from the wedding ceremony business and concentration of management resources on photo weddings
- 2023-12-22Expansion of Contactless, Short-Distance Photo Wedding Services
- 2023-12-22Store Hygiene Management and Infection-Control Measures
- 2023-12-22“Live Retouch” Image Retouching Service
- 2022-12-23Transfer of the aging Asakusa Building and relocation to a new store
- 2022-12-23Share buybacks using the gain on the Asakusa Building transfer and future growth initiatives
- 2021-08-03Capital Strengthening Through New Share Issuance at Listing