Makuake, Inc.

Makuake, Inc.

4479.T
Makuake, Inc.JP flagTokyo Stock Exchange
876.00
JPY
-28.00
- -
11.17BMarket Cap
Makuake, Inc.
4479.T
(Tokyo Stock Exchange)

Recent

price

876.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
43.68
95.93
134.61
288.22
382.92
335.79
302.44
287.71
359.13
306.47
Revenue per Share
3.96
11.3
8.91
33.03
20.44
-107.55
-38.98
-8.16
31.95
-14.88
Basic EPS, GAAP
18.34
28.22
16.49
209.48
-13.42
-106.67
-73.17
-116.67
65.32
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-16.65
-6.98
15.25
136.35
309.8
192.25
152.76
144.14
278.18
146.44
Book Value per Share
5.08
15.44
8.48
207.01
520.3
445.11
362.29
331.95
367.64
342.5
Tangible Book Value per Share
11
10
10
11
12
13
13
13
13
13
Basic Weighted Avg Shares
479
958
1,344
3,225
4,621
4,207
3,810
3,653
4,578
3,881
Sales/Revenue/Turnover
12.05
16.12
9.29
15.82
7.12
-7.7
-12.83
-1.71
9.77
-5.4
Operating Margin (%)
12
21
31
65
102
161
28
119
178
- -
Depreciation Expense
43
113
89
370
247
-1,347
-491
-104
407
-188
Net Income, GAAP
29.39
27.72
30.08
27.81
24.36
- -
- -
- -
4.21
- -
Effective Tax Rate (%)
9.08
11.78
6.62
11.46
5.34
-32.03
-12.89
-2.84
8.9
-4.86
Profit Margin (%)
116
112
-20
2,176
5,854
5,276
4,270
4,064
4,611
4,019
Working Capital
58
28
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
83
196
285
2,673
6,873
5,576
5,106
5,015
5,417
5,040
Total Equity
- -
44.28
23.72
22.81
5.09
- -
- -
- -
8.13
- -
Return on Invested Capital (%)
- -
-167.77
82.08
42.12
9.37
- -
- -
- -
15.15
- -
Return on Capital (%)
- -
- -
- -
44.06
9.37
-43.83
-22.67
-5.52
15.15
-9.7
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'24
Mar'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
12,745
7,940
9,840

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'24
Mar'24
Total Current Assets
7,061
7,220
5,547
Cash, Cash Equivalents & STI
6,414
6,612
4,978
Accounts Receivable, Net
484
441
439
Inventories
- -
- -
- -
Total Current Liabilities
2,791
3,051
1,528
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
27.21%
8.02%
Free Cash Flow
- -
98.33%
-156.21%
Net Income, GAAP
- -
-263.02%
-493.09%
Sales/Revenue/Turnover
- -
9.22%
25.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,030
830
- -
- -
3,653
2025
- -
- -
- -
- -
4,578
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.48
- -
- -
- -
-8.16
2025
- -
- -
- -
- -
31.95
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Makuake, Inc. (TSE: 4479) operates as Japan's leading crowdfunding platform, enabling creators, startups, and established companies to launch and fund innovative products through its online marketplace. The company provides comprehensive services including project hosting for consumer goods, technology gadgets, food and beverages, fashion items, and experiential offerings; pre-order sales fulfillment; marketing and promotion tools; data analytics for project optimization; and post-funding manufacturing and logistics support. Makuake targets individual consumers, small businesses, and corporate innovators primarily in Japan, with expanding operations into select Asian markets. Founded in 2013 and headquartered in Tokyo, Japan, Makuake functions within the internet services and e-commerce industry, focusing on the crowdfunding segment to bridge product development and market validation. Its platform features distinct categories such as tech innovations under brands like "Makuake Inside" for incubated projects, lifestyle products, and B2B solutions for enterprise crowdfunding campaigns. The company serves a diverse customer base ranging from independent inventors to major corporations seeking rapid consumer feedback and sales. In recent developments, Makuake announced a strategic partnership with major retailers like Bic Camera in 2024 to integrate successful crowdfunding projects directly into physical store shelves, enhancing distribution channels. The company completed a significant funding round in late 2024 led by existing investors, bolstering its expansion into AI-driven project recommendation tools launched in early 2025. Additionally, Makuake reorganized its business units in mid-2025 to establish a dedicated international division, targeting Southeast Asia, while acquiring a small logistics firm to streamline fulfillment operations.