Dream Incubator Inc.

Dream Incubator Inc.

TTSE:4310
2,590.00
JPY
+25.00
(+0.97%)
22.73BMarket 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
937.95
1,386.39
1,297.27
1,477.23
1,893.28
2,111.42
2,329.43
2,839.49
3,665.91
3,087.62
588.81
703.85
989.73
- -
Basic EPS, GAAP
88.1
103.18
42.93
10.27
92.41
38.55
-20.27
-215.19
0.72
1,183.83
-202.22
19.35
181.41
- -
Free Cash Flow per Basic Share
160.62
238.25
84.43
108.51
60.96
14.07
-231.66
-159.07
757.38
357
-843.69
137.97
283.45
- -
Dividend per Share
20.63
26.18
29.75
12.41
3.19
26.72
- -
- -
- -
- -
218.53
251.47
340.84
- -
Book Value per Share
1,384.05
1,099.4
1,043.87
1,023.63
1,085.13
1,146.38
1,094.7
956.81
1,003.17
2,195.69
1,717.12
1,478.91
1,323.65
- -
Tangible Book Value per Share
1,252.7
978.66
975.62
930.03
1,011.67
939.12
829.08
749.8
818.95
2,194.87
1,716.43
1,478.46
1,323.42
- -
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
9
9
9
9
Sales/Revenue/Turnover
9,092
13,343
12,691
14,526
18,418
20,705
22,755
27,776
35,566
30,132
5,378
6,183
8,691
- -
Operating Margin (%)
12.57
10.11
4.25
3.57
10.07
0.6
0.54
-3.45
-0.47
3.95
-36.56
4.17
20.6
- -
Depreciation Expense
250
260
228
193
201
260
323
376
509
310
66
66
57
- -
Net Income, GAAP
854
993
420
101
899
378
-198
-2,105
7
11,553
-1,847
170
1,593
- -
Effective Tax Rate (%)
13.81
30.18
15.58
67.36
45.09
- -
- -
- -
- -
33.54
- -
20.2
15.17
- -
Profit Margin (%)
9.39
7.44
3.31
0.7
4.88
1.83
-0.87
-7.58
0.02
38.34
-34.34
2.75
18.33
- -
Working Capital
11,296
9,763
10,041
9,078
7,988
6,424
8,976
8,709
8,984
22,472
16,099
14,153
12,665
- -
LT Debt
4
2
- -
329
251
1,018
940
1,044
1,648
- -
- -
- -
- -
- -
Total Equity
14,344
11,446
11,245
10,967
11,644
13,853
13,636
13,194
12,452
21,914
15,206
13,155
11,736
- -
Return on Invested Capital (%)
7.51
6.58
3.88
1.46
8.35
- -
- -
- -
- -
3.6
- -
1.44
12.01
- -
Return on Capital (%)
6.34
7.96
3.33
0.29
7.6
- -
- -
- -
- -
60.63
- -
0.73
12.85
- -
Return on Common Equity (%)
7.65
8.19
4
1
8.75
3.45
-1.8
-21.14
0.07
74.01
-10.13
1.21
12.96
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
22,819
22,729
22,595

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
13,223
15,120
- -
Cash, Cash Equivalents & STI
11,059
12,867
- -
Accounts Receivable, Net
1,598
1,732
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,354
2,455
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.33%
3.1%
-10.79%
Free Cash Flow
-281.94%
-191.28%
105.36%
Net Income, GAAP
16,692.13%
33,090.88%
837.06%
Sales/Revenue/Turnover
7.18%
-2.77%
40.56%
Total Cash Common Dividend
- -
- -
35.49%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6,183
2026
- -
- -
- -
- -
8,691
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
19.35
2026
- -
- -
- -
- -
181.41
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
251.47
2026
- -
- -
- -
- -
340.84
2027
- -
- -
- -
- -
- -

Company Description

CEO
Takayuki Miyake
Full Time Employees
222
Sector
Finance
Industry
Property/Casualty insurance
Address
Tokyo Club Building Tokyo TY Japan 100-0013
IPO Date
May 10, 2002
Business
Dream Incubator Inc. (4310.T) engages primarily in business production, supporting business creation, growth strategy planning, and incubation of startup companies through consulting, investments, and management involvement. Founded in 2000 and headquartered in Tokyo, Japan, the company operates via three main segments: Business Production, offering growth strategy consulting, industry production, business production installation, Technology & Amplify services for digital transformation, global sustainability transformation initiatives, M&A support, and financial solutions; Venture Investment, focusing on incubation and investments across all stages in Japan, Asia including Vietnam and India, and other regions; and Pet Lifestyle, providing pet medical insurance and related services. It maintains offices in China, Singapore, Vietnam, India, Thailand, and Indonesia, with key consolidated subsidiaries such as DI Social Impact Capital Co., Ltd. for SIB fund management, Next Rise Social Impact Action LLC for social impact promotion, Dream Incubator Southeast Asia Joint Stock Company for consulting and M&A advisory, and DIAI India Private Limited for consulting and investments. The firm targets major corporations, venture companies in hi-tech and IT fields, and emerging market enterprises, delivering comprehensive support from strategy formulation and capital policy assistance to execution, new business launches, and social impact bonds. Recent developments include entering a capital and business alliance with Yamaguchi Financial Group in March 2024 to accelerate regional development through business models in infrastructure, preventive care, and inbound tourism; launching a Vietnamese Market Entry Support Service in November 2025 with Dentsu, providing market assessment, PoC, and growth support leveraging local insights; introducing an Indian Market Entry and New Business Development Solution with Dentsu in October 2025; booking impairment losses on 18 venture investments in FY03/2024 amid a challenging financing environment while realizing sales gains; and accelerating hiring in Business Production to 155 personnel by end-FY03/2024, with Technology & Amplify sales exceeding JPY1.0bn in its first year to expand the customer base. Building on its 2021 capital and business alliance with Dentsu Group, where Dentsu holds an equity stake, Dream Incubator continues structural reforms under its medium-term plan, targeting FY03/2025 sales of JPY5.9bn in Business Production and stable shareholder returns including interim dividends of JPY1.0bn.