UNITED, Inc.

UNITED, Inc.

TTSE:2497
496.00
JPY
+1.00
(+0.20%)
18.87BMarket Cap
Nov 05Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
135.47
176.95
238.17
317.28
314.05
598.76
465.12
368.29
301.21
332.26
321.16
306.38
234.94
- -
Basic EPS, GAAP
2.23
11.72
33.79
20.08
18.47
152.15
31.22
84.04
90.63
104.67
60.44
37.69
-41.33
- -
Free Cash Flow per Basic Share
-6.33
9.8
12.96
20.17
27.2
176.54
40.29
154.08
61.82
93.67
49.22
29.9
-110.52
- -
Dividend per Share
1.18
0.98
6.43
2.49
6.46
12.94
24.36
8.52
18.37
20.1
35.42
47.87
36.39
- -
Book Value per Share
153.23
172.97
195.65
207.66
221.08
868.76
593.59
824.65
750.86
681.36
599.91
538.99
461.46
- -
Tangible Book Value per Share
150.56
170.5
182.11
176.6
194.11
769.88
582.94
819.39
736.92
650.51
590.3
517.28
442.01
- -
Basic Weighted Avg Shares
45
47
47
46
46
46
45
44
42
40
39
39
38
38
Sales/Revenue/Turnover
6,157
8,331
11,132
14,596
14,444
27,581
20,912
16,339
12,715
13,140
12,574
12,036
8,863
- -
Operating Margin (%)
2.26
4.45
13.56
9.56
11.41
40.19
24.39
34.32
45.13
44.32
38.65
21.99
-13.78
- -
Depreciation Expense
68
59
130
307
403
875
1,036
299
198
330
305
225
322
- -
Net Income, GAAP
101
552
1,579
924
850
7,008
1,404
3,728
3,826
4,139
2,366
1,480
-1,559
- -
Effective Tax Rate (%)
30.41
- -
18.46
31.53
45.76
34.46
10.42
32.08
34.17
32.89
41.86
41.52
- -
- -
Profit Margin (%)
1.65
6.62
14.19
6.33
5.88
25.41
6.71
22.82
30.09
31.5
18.82
12.3
-17.59
- -
Working Capital
6,200
7,565
7,981
7,538
8,253
44,608
29,876
43,001
31,367
25,114
22,316
18,871
15,253
- -
LT Debt
- -
- -
15
11
7
335
353
107
76
55
51
97
35
- -
Total Equity
7,160
8,160
9,037
9,552
10,281
40,101
26,532
36,035
30,289
26,647
23,541
21,770
17,764
- -
Return on Invested Capital (%)
1.46
- -
13.54
9.56
8.42
26.08
12.71
11.72
10.89
13.1
10.78
6.61
- -
- -
Return on Capital (%)
1.62
- -
18.38
9.98
8.17
28.32
4.17
11.76
11.45
14.43
9.39
6.37
- -
- -
Return on Common Equity (%)
1.63
7.2
18.41
9.96
8.62
27.91
4.22
11.92
11.54
14.55
9.44
6.62
-8.11
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
153
162
- -
LT Borrowings
75
35
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
21,343
18,870
18,833

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
17,955
17,139
- -
Cash, Cash Equivalents & STI
16,522
15,030
- -
Accounts Receivable, Net
1,052
1,182
- -
Inventories
33
21
- -
Total Current Liabilities
1,874
1,886
- -
Payables & Accruals
- -
- -
- -
ST Debt
153
162
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.98%
-13.11%
-18.4%
Free Cash Flow
27.59%
-112.36%
-454.93%
Net Income, GAAP
48.63%
-54.95%
-205.32%
Sales/Revenue/Turnover
2.12%
-10.76%
-26.36%
Total Cash Common Dividend
40.67%
38.13%
-27.01%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
12,036
2026
- -
- -
- -
- -
8,863
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
37.69
2026
- -
- -
- -
- -
-41.33
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
47.87
2026
- -
- -
- -
- -
36.39
2027
- -
- -
- -
- -
- -

Company Description

CEO
Tomonori Hayakawa
Full Time Employees
456
Sector
Technology services
Industry
Packaged software
Address
MFPR Shibuya Building Tokyo TY Japan 150-0002
IPO Date
Aug 30, 2006
Website
united.jp
Business
UNITED, Inc. (TSE Growth: 2497) is a Japan-based company primarily engaged in Internet-related businesses, operating through investment, education, personnel matching, ad tech, and content segments; it provides AdTech platforms including Bypass for advertisers and agencies, adstir for publishers; content services such as the Crash Fever role-playing game, CocoPPa Play dress-up avatar platform, Dream Mail sweepstakes site, CHEERZ artist support service, and sports-related media; EdTech offerings like TechAcademy online programming school and digital transformation consulting; personnel matching solutions; and venture capital investments in startups with fund management. Founded in February 1998 and headquartered at MFPR Shibuya Building in Tokyo, the company targets domestic Japanese markets including advertisers, publishers, gamers, learners, artists, and startups, with approximately 471 full-time consolidated employees as of March 2025. Recent developments include a lead investment in BrainBuddy Inc. in June 2025, investment in Thirdverse for MR/VR games with Sanrio collaboration in September 2025, and investment in FUNDiT for IT business M&A roll-ups targeting digital marketing firms; additionally, it announced a share repurchase via ToSTNeT-3 in May 2025 and reported full-year FY03/25 results in June 2025.