KAYAC, Inc.

KAYAC, Inc.

TTSE:3904
413.00
JPY
+1.00
(+0.24%)
6.04BMarket Cap
Nov 16Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
214.78
221.3
246.54
365.52
404.3
385.51
421.25
576.18
826.18
1,060.43
1,092.46
1,038.44
1,252.68
- -
Basic EPS, GAAP
10.1
9.04
17.39
31.75
33.71
-16.82
-20.13
33.27
54.49
50.11
31.97
9.25
42.63
- -
Free Cash Flow per Basic Share
22.3
3.2
11.72
-3.44
-20.3
-76.38
-46.29
79.59
23.15
91.42
60.92
-27.33
21.98
- -
Dividend per Share
- -
- -
- -
- -
- -
3.87
1.99
- -
3.85
3.8
3.88
3.94
3.94
- -
Book Value per Share
47.8
89.07
110.52
145.49
188.84
161.08
134.21
163.07
217.05
304.93
338.71
345.12
376.27
376.27
Tangible Book Value per Share
46.72
88.16
106.9
130.48
162.35
135.06
107.29
122.62
177.54
231.88
282.64
267.12
323.07
323.07
Basic Weighted Avg Shares
13
13
15
15
15
15
15
15
15
16
16
16
16
16
Sales/Revenue/Turnover
2,803
2,896
3,705
5,497
6,087
5,817
6,382
8,749
12,566
16,502
17,467
16,728
20,095
- -
Operating Margin (%)
7.85
6.86
10.6
11.7
11.09
-6.73
-8.39
8.51
9.09
7.31
5.85
2.14
5.33
- -
Depreciation Expense
50
38
59
95
104
164
193
201
221
251
353
349
347
- -
Net Income, GAAP
132
118
261
477
507
-254
-305
505
829
780
511
149
684
- -
Effective Tax Rate (%)
39.13
38.35
34.18
37.64
30.23
- -
- -
28.05
32.52
33.26
39.89
55.39
36.28
- -
Profit Margin (%)
4.7
4.09
7.05
8.69
8.34
-4.36
-4.78
5.77
6.6
4.73
2.93
0.89
3.4
- -
Working Capital
710
1,154
1,196
2,225
2,034
1,429
1,380
1,723
2,380
3,340
4,001
4,177
4,621
4,621
LT Debt
397
219
55
1,287
1,136
1,581
1,908
1,705
1,379
1,317
1,313
1,992
1,801
1,801
Total Equity
718
1,339
1,670
2,189
2,891
2,482
2,061
2,630
3,591
5,336
5,930
6,027
6,297
6,297
Return on Invested Capital (%)
- -
7.54
13.13
13.65
11.68
- -
- -
10.42
13.11
11.31
7.49
1.8
7.09
- -
Return on Capital (%)
- -
7.76
14.21
18.04
12.92
- -
- -
9.92
13.24
10.72
5.86
1.64
7.24
- -
Return on Common Equity (%)
- -
11.51
17.42
24.8
20.16
-9.61
-13.64
22.39
28.64
19.08
9.91
2.71
12.04
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
1,104
- -
1,429
LT Borrowings
1,874
- -
1,801
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
15
15
Market Capitalization
10,857
6,364
6,040

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
8,101
- -
9,994
Cash, Cash Equivalents & STI
5,296
- -
5,659
Accounts Receivable, Net
2,185
- -
3,747
Inventories
108
- -
130
Total Current Liabilities
3,912
- -
5,373
Payables & Accruals
- -
- -
- -
ST Debt
1,104
- -
1,429
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.2%
20.48%
4.48%
Free Cash Flow
20.29%
-24.72%
-180.09%
Net Income, GAAP
0.52%
62.34%
358.85%
Sales/Revenue/Turnover
19.82%
19.34%
20.13%
Total Cash Common Dividend
- -
24,918.99%
-0.36%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,910
3,793
- -
- -
16,728
2025
- -
- -
- -
- -
20,095
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.65
-7.16
- -
- -
9.25
2025
- -
- -
- -
- -
42.63
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.94
2025
- -
- -
- -
- -
3.94
2026
- -
- -
- -
- -
- -

Company Description

CEO
Daisuke Yanasawa
Full Time Employees
618
Sector
Technology services
Industry
Packaged software
Address
Former bank building Kamakura KN Japan 248-0012
IPO Date
Dec 25, 2014
Website
kayac.com
Business
KAYAC Inc. (3904.T) develops and operates internet content and services focused on gaming, advertising, and community platforms in Japan. Founded in 1998 as a limited partnership and reorganized as a joint-stock corporation in 2005, the company maintains headquarters in the Old Bank Complex at 11-8 Onarimachi, Kamakura-shi, Kanagawa, Japan, with operations spanning the greater Kamakura area described as its extended office. It provides client work encompassing SNS and web promotions, XR/VR experiences, event planning and production, branding, gamification solutions, and SDG-related initiatives; system engineering services; game community platforms including Lobi for smartphone gamers and Tonamel for tournament management; original social games such as the Bokura no Koshien series with over six million players, hyper-casual games, and metaverse projects; and diverse ventures in esports event planning, management, and production, regional development, gaming online tutoring, esports schools, advertising networks like Is-factory, weddings via Pla-cole, real estate through Kamakura R Fudousan and Kayac Living, funeral services, forestry and timber processing, resorts, investment via KAYAC Capital Fund, and cyber safety. KAYAC Inc. employs 612 consolidated staff as of December 2024 and reports capital of JPY 900 million. Recent developments include the divestiture of eSP Co., Ltd. to an undisclosed buyer for JPY 840 million announced in February 2025 and the sale of Ai Picasso inc. to Leader Electronics Corporation for approximately JPY 200 million agreed in June 2025 with completion targeted for July 2025. The company continues to emphasize fun-loving creative businesses through subsidiaries like Wellplayed for esports and Kamakura Jitaku Sougisha, serving enterprise clients, gamers, and regional communities primarily in Japan.