Makuake, Inc.

Makuake, Inc.

TTSE:4479
967.00
JPY
-14.00
(-1.43%)
11.09BMarket Cap
Oct 27Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
43.68
95.93
134.61
288.22
382.92
335.79
302.44
287.71
359.13
- -
Basic EPS, GAAP
3.96
11.3
8.91
33.03
20.44
-107.55
-38.98
-8.16
31.95
- -
Free Cash Flow per Basic Share
18.34
28.22
16.49
209.48
-13.42
-106.67
-73.17
-116.67
65.32
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.6
17.9
26.01
229.1
554.09
443.67
404.05
394.02
424.88
462.84
Tangible Book Value per Share
5.08
14.06
7.72
198.54
506.22
443.67
361.19
331.16
367.61
412.88
Basic Weighted Avg Shares
11
10
10
11
12
13
13
13
13
13
Sales/Revenue/Turnover
479
958
1,344
3,225
4,621
4,207
3,810
3,653
4,578
- -
Operating Margin (%)
12.05
16.12
9.29
15.82
7.12
-7.7
-12.83
-1.71
9.77
- -
Depreciation Expense
12
21
31
65
102
161
28
119
178
- -
Net Income, GAAP
43
113
89
370
247
-1,347
-491
-104
407
- -
Effective Tax Rate (%)
29.39
27.72
30.08
27.81
24.36
- -
- -
- -
4.21
- -
Profit Margin (%)
9.08
11.78
6.62
11.46
5.34
-32.03
-12.89
-2.84
8.9
- -
Working Capital
116
112
-20
2,176
5,854
5,276
4,270
4,064
4,611
5,203
LT Debt
58
28
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
83
196
285
2,673
6,873
5,576
5,106
5,015
5,417
5,900
Return on Invested Capital (%)
- -
44.28
23.72
22.81
5.09
- -
- -
- -
8.13
- -
Return on Capital (%)
- -
56.98
28.96
24.36
5.17
- -
- -
- -
7.81
- -
Return on Common Equity (%)
- -
80.75
36.97
24.99
5.17
-21.64
-9.19
-2.05
7.81
- -

Capital Structure

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
7,942
9,871
11,091

Working Capital

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Mar'26
Total Current Assets
7,220
5,547
7,464
Cash, Cash Equivalents & STI
6,612
4,978
6,755
Accounts Receivable, Net
441
439
594
Inventories
- -
- -
- -
Total Current Liabilities
3,051
1,529
2,261
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
- -
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

JPY

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.48
-5.58
- -
- -
-8.16
2025
- -
- -
- -
- -
31.95
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

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

Company Description

CEO
Ryotaro Nakayama
Full Time Employees
152
Sector
Technology services
Industry
Internet software/Services
Address
Aobadai East Building Tokyo TY Japan 150-0042
IPO Date
Dec 11, 2019
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.