1433
BESTERRA CO., LTD
ベステラ株式会社
Industrials · Engineering & Construction
Besterra Co., Ltd. engages in plant demolition work and other related business in Japan. It is involved in the dismantling of plant facilities; 3D laser scanning measurement services; design and consulting for works; and worker dispatch and employment placement. It also develops and sells demolition robots, such as the "Ringo Star" cutting robot for large spherical storage tank dismantling and jointly develops inspection robots for crane rails. The company also offers decarbonization solutions, including the apple peeling method and windmill toppling method, and engages in research and development of new construction methods and software for drawing reading and estimation. In addition, the company conducts software training and business consulting services. It serves industrial clients, plant operators, and construction companies in Japan. Besterra Co., Ltd. was founded in 1974 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥11.1B
¥10.9B
¥9.4B
¥5.5B
¥6.0B
Cost of Sales
¥8.9B
¥9.0B
¥7.9B
¥4.6B
¥4.6B
Gross Profit
¥2.2B
¥1.9B
¥1.5B
¥890M
¥1.4B
SG&A
¥1.5B
¥1.5B
¥1.3B
¥1.1B
¥749M
Operating Income
¥741M
¥374M
¥247M
¥-216M
¥608M
Non-Operating Income
¥120M
¥275M
¥208M
¥165M
¥278M
Dividend Income
¥56M
¥97M
¥107M
¥119M
¥28M
Non-Operating Expenses
¥97M
¥57M
¥47M
¥44M
¥45M
Interest Expense
¥16M
¥20M
¥9M
¥7M
¥8M
Ordinary Income
¥764M
¥592M
¥408M
¥-95M
¥840M
Pre-tax Income
¥1.0B
¥663M
¥408M
¥-95M
¥2.1B
Income Taxes
¥270M
¥254M
¥176M
¥-31M
¥648M
Current Tax
¥400M
¥427M
¥139M
¥46M
¥264M
Deferred Tax
¥-130M
¥-173M
¥37M
¥-77M
¥384M
Net Income (owners)
¥733M
¥410M
¥231M
¥-64M
¥1.5B
Minority Interest
—
—
¥0M
¥1M
¥-0M
Comprehensive Income
¥805M
¥936M
¥-103M
¥-52M
¥1.3B
EBITDA
¥816M
¥485M
¥323M
¥-137M
¥644M
Goodwill Amort. (J-GAAP)
¥46M
¥76M
¥52M
¥28M
¥14M
EPS
¥81.35
¥46.25
¥26.08
¥-7.33
¥174.54
Shares Outstanding
8.9M
8.9M
8.9M
8.9M
8.6M
Shares Issued (total)
9.3M
9.0M
9.0M
9.0M
8.8M
Treasury Shares
0.4M
0.1M
0.1M
0.1M
0.1M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥8.3B
¥11.0B
¥10.9B
¥8.4B
¥9.0B
Current Assets
¥5.7B
¥7.1B
¥6.3B
¥3.6B
¥4.6B
Cash & Deposits
¥1.4B
¥1.6B
¥1.4B
¥1.3B
¥2.1B
Trade Receivables
¥17M
¥36M
¥28M
—
—
Non-Current Assets
¥2.7B
¥3.9B
¥4.6B
¥4.9B
¥4.5B
PP&E
¥284M
¥316M
¥324M
¥310M
¥316M
Goodwill
¥71M
¥116M
¥287M
¥99M
¥220M
Intangible Assets
¥78M
¥126M
¥302M
¥113M
¥237M
Investment Securities
¥2.2B
¥3.4B
¥3.9B
¥4.4B
¥3.9B
Deferred Tax Assets
¥3M
¥1M
¥6M
—
¥2M
Total Liabilities
¥2.9B
¥6.2B
¥6.8B
¥4.0B
¥4.7B
Current Liabilities
¥2.6B
¥5.3B
¥5.0B
¥1.9B
¥2.2B
ST Debt
¥453M
¥3.1B
¥2.7B
¥556M
¥263M
Taxes Payable
¥205M
¥370M
¥121M
¥0M
¥241M
Non-Current Liabilities
¥294M
¥900M
¥1.8B
¥2.2B
¥2.5B
Total LT Borrowings
¥118M
¥623M
¥1.6B
¥1.9B
¥2.1B
Pension Obligations
¥83M
¥77M
¥70M
¥66M
¥65M
Deferred Tax Liab.
¥68M
¥176M
¥122M
¥234M
¥279M
Total Equity
¥5.4B
¥4.9B
¥4.1B
¥4.4B
¥4.4B
Capital Stock
¥1.1B
¥843M
¥843M
¥843M
¥696M
Capital Surplus
¥2.4B
¥803M
¥803M
¥804M
¥657M
Retained Earnings
¥2.4B
¥3.3B
¥3.1B
¥3.0B
¥3.3B
Treasury Stock
¥-591M
¥-200M
¥-200M
¥-200M
¥-200M
AOCI
¥148M
¥76M
¥-450M
¥-115M
¥-127M
Equity (owners)
¥5.2B
¥4.8B
¥4.5B
¥4.5B
¥4.5B
Minority Interests
—
—
—
¥3M
¥2M
Total Interest-Bearing Debt ⓘ
¥571M
¥3.7B
¥4.3B
¥2.4B
¥2.4B
Net Cash ⓘ
¥864M
¥-2.1B
¥-2.8B
¥-1.1B
¥-267M
NCAV ⓘ
¥2.7B
¥937M
¥-491M
¥-480M
¥-104M
NCAV/Share
¥308
¥106
¥-55
¥-54
¥-12
BV/Share
¥592
¥538
¥512
¥506
¥517
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥1.6B
¥-607M
¥-1.4B
¥-355M
¥538M
Taxes Paid
¥-599M
¥-202M
¥145M
¥-448M
¥-110M
Interest Paid
¥-14M
¥-21M
¥-9M
¥-7M
¥-8M
Interest Received
¥58M
¥97M
¥107M
¥119M
¥118M
D&A
¥29M
¥35M
¥24M
¥51M
¥22M
Goodwill Amort.
¥46M
¥76M
¥52M
¥28M
¥14M
Investing CF
¥1.5B
¥1.5B
¥25M
¥-515M
¥-33M
CapEx
¥5M
¥31M
¥15M
¥14M
¥38M
Purchase Investments
—
—
—
¥-500M
¥-0M
Proceeds from Invest.
¥1.4B
¥1.4B
—
—
—
Financing CF
¥-3.3B
¥-719M
¥1.5B
¥85M
¥250M
Dividends Paid
¥-225M
¥-177M
¥-177M
¥-175M
¥-132M
Share Buybacks
¥-414M
—
—
—
—
LT Debt Repaid
¥-131M
¥-1.5B
¥-332M
¥-263M
¥-250M
Free Cash Flow
¥1.6B
¥-638M
¥-1.4B
¥-368M
¥500M
Net Change in Cash
¥-166M
¥155M
¥106M
¥-785M
¥755M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
14.3%
9.2%
5.5%
-1.5%
42.4%
ROA
7.6%
3.7%
2.4%
-0.7%
16.3%
EPS
¥81.35
¥46.25
¥26.08
¥-7.33
¥174.54
DPS
¥40.00
¥20.00
¥20.00
¥20.00
¥16.00
BPS
¥609.14
¥546.88
¥461.31
¥493.05
¥502.81
FCF/Share
¥185
¥-72
¥-162
¥-42
¥58
NCAV/Share
¥308
¥106
¥-55
¥-54
¥-12
Payout Ratio
49.2%
43.2%
76.7%
—
9.2%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 30
Date Activist Stake Event Flag Demands Source
2026-01-20
Yoshino Akitatsu
10.02%
correction
Passive
—
2026-01-20
Yoshino Akitatsu
10.02%
change
Passive
—
2026-01-20
Yoshino Akitatsu
10.02%
correction
Passive
—
2026-01-16
Yoshino Akitatsu
10.02%
correction
Passive
—
2026-01-15
Yoshihide Yoshino
9.93%
change
Passive
—
2026-01-15
Yoshihide Yoshino
9.93%
correction
Passive
—
2026-01-14
Yoshino Akitatsu
10.02%
-2.4%
change
Passive
—
2026-01-05
Yoshino Akitatsu
12.42%
initial_5pct
Passive
—
2025-09-04
Yoshino Akitatsu
12.42%
-1.01%
change
Passive
—
2025-06-30
Yoshino Akitatsu
13.43%
change
Passive
—
2025-06-09
TERRA ESHINO CO., LTD.
11.97%
change
Passive
—
2025-05-07
Hayate Management
4.31%
-1.06%
change
Passive
—
2025-04-21
Yoshihide Yoshino
26.12%
correction
Passive
—
2025-04-18
Yoshihide Yoshino
26.12%
change
Passive
—
2025-04-14
Hayate Investment
—
exit
Passive
—
2025-04-14
Hayate Management
5.37%
initial_5pct
Passive
—
2025-02-14
TERRA・ESHINO CO.,LTD
17.2%
+0.01%
correction
Passive
—
2025-02-06
TERRA・ESHINO CO.,LTD
17.19%
change
Passive
—
2024-05-20
Akitatsu Yoshino
14.47%
change
Passive
—
2024-05-20
Akitatsu Yoshino
14.47%
initial_5pct
Passive
—
2024-05-20
Akitatsu Yoshino
14.47%
initial_5pct
Passive
—
2024-05-20
Akitatsu Yoshino
14.47%
initial_5pct
Passive
—
2024-05-20
Akitatsu Yoshino
14.47%
change
Passive
—
2024-05-01
Hayate Investment
5.37%
correction
Passive
—
2024-04-26
HAYATE PARTNERS PTE LTD
—
exit
Passive
—
2024-04-26
Hayate Investment
5.37%
initial_5pct
Passive
—
2024-02-02
Akitatsu Yoshino
14.47%
-0.45%
change
Passive
—
2024-01-19
akitatsu yoshino
14.63%
change
Passive
—
2023-09-29
Akitatsu Yoshino
14.92%
-0.39%
change
Passive
—
2023-07-31
Akitatsu Yoshino
15.31%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 2
#
Shareholder
Shares (thou.)
% of Total
1
吉野 佳秀
922,670
10.41%
2
吉野 炳樹
874,065
9.86%
3
長 泰治
169,451
1.91%
4
五代 俊昭
160,187
1.80%
5
木村 勇
155,000
1.74%
6
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社
115,400
1.30%
7
塚本 かや
108,000
1.21%
8
森分 志賀子
90,000
1.01%
9
BOFAS INC SEGREGATION ACCOUNT(常任代理人 BOFA証券株式会社)
85,959
0.97%
10
第一カッター興業株式会社
83,500
0.94%
Domestic Nominees
1.3%
-0.1% vs 2025
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2025
Sub-custodians for foreign asset managers
Direct / Strategic
29.9%
-8.9% vs 2025
Named entities with disclosed investment intent
Shareholder
Trend
2024
2025
2026
吉野 佳秀
↑
1.20%
1.20%
10.41%
+9.21%
吉野 炳樹
14.74%
14.51%
9.86%
-4.65%
長 泰治
1.89%
1.89%
1.91%
+0.02%
五代 俊昭
1.81%
1.81%
1.80%
-0.01%
木村 勇
1.75%
1.75%
1.74%
-0.01%
Japan Master Trust Bank
日本マスタートラスト信託銀行
3.60%
1.44%
1.30%
-0.14%
塚本 かや
1.22%
1.22%
1.21%
-0.01%
森分 志賀子
NEW ENTRY
—
—
—
1.01%
NEW
BOFAS INC SEGREGATION ACCOUNT
NEW ENTRY
—
—
—
0.97%
NEW
第一カッター興業
NEW ENTRY
—
—
—
0.94%
NEW
TERRA·ESHINO
TERRA・ESHINO
last seen 2025
Exited Top 10
15.79%
13.58%
—
清板 大亮
last seen 2025
Exited Top 10
—
1.81%
—
小板 幹博
last seen 2025
Exited Top 10
1.11%
1.02%
—
日本カストディ銀行
last seen 2024
Exited Top 10
2.24%
—
—
Concentration (HHI)
ⓘ
499
414
222
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,733M
-49% since 2024
Holdings
2
Trend
1 unwinding
vs 2024
Held Company
FY2026
¥1,733M total
FY2024
¥3,391M total
Book Val ¥M
Shares
Book Val ¥M
Shares
TRE HOLDINGS CORPORATION
TREホールディングス㈱
1,568
-64.4%
↓
915,000
3,226
2,570,300
第一カッター 興業㈱
165
120,000
165
120,000
M
Portfolio total
1,733
3,391
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding