STUDIO ALICE Co.,Ltd.

2305 株式会社スタジオアリス

Personal Services · TSE

PRICE: ¥1,801 · MKT CAP: ¥30.6B · P/E: 26.3x · P/B: 1.01x · DIV YIELD: 2.8%

PRICE — 5Y

Characteristics & Business Summary

STUDIO ALICE Co.,Ltd. operates children's photo studios in Japan. It operates through Photography Business and Clothes Manufacturing & Wholesale Business segments. The Photography Business segment engages in taking, producing, processing, displaying, and...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	36,353	40,672	38,564	36,396	35,598	32,928
Operating Profit	4,731	6,015	4,018	2,284	3,021	2,097
Ordinary Profit	4,964	6,032	4,010	2,323	3,051	2,160
Net Profit	2,434	3,614	2,258	1,157	1,365	1,162
EPS	¥143	¥213	¥133	¥68	¥80	¥68
DPS	¥50	¥70	¥70	¥70	¥50	¥50

Balance Sheet & Valuation Highlights

Total Assets ¥38B

Net Assets (Equity) ¥30B

Equity Ratio 78.7%

ROE (Return on Equity) 4.0%

Cash & Equivalents ¥18B

Interest-Bearing Debt —

Capital Expenditure (CapEx) ¥2B

Depreciation & Amort. ¥3B

Major Shareholders

1. 株式会社トーランス・ジャパン 23.3%
2. 富士フイルム株式会社 20.3%
3. The Master Trust Bank of Japan, Ltd. (Trust Account) 4.7%
4. 本村初江 3.0%
5. SMBC Nikko Securities Inc. 2.8%
6. スタジオアリス従業員持株会 2.1%
7. State Street Bank and Trust Company 1.5%
8. 山本浤 1.2%
9. MUFG Bank, Ltd. 1.1%
10. BNP PARIBAS NEW YORK BRANCH - PRIME BROKERAGE CLEARANCE ACCOUNT (常任代理人香港上海銀行東京支店)） 0.8%

Activist Activity

TORRANCE JAPAN Co., Ltd. 26.03%

2025-03-03 · correction

TORRANCE JAPAN Co., Ltd. 26.03%

2025-02-12 · change

MOTOMURA MASATSUGU 26.04%

2024-09-25 · change

MOTOMURA MASATSUGU 26.04%

2023-10-30 · correction

MOTOMURA MASATSUGU 26.04%

2023-08-17 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥2,140	¥2,395	¥2,271	¥2,143	¥2,096	¥1,939
FCF/Share	¥202	¥297	¥13	¥156	¥274	¥165
EPS	¥143	¥213	¥133	¥68	¥80	¥68
DPS	¥50	¥70	¥70	¥70	¥50	¥50
Capital Spending per share	¥191	¥255	¥225	¥180	¥99	¥123
Book Value per share	¥1,479	¥1,642	¥1,702	¥1,700	¥1,710	¥1,729
Common Shares Outstanding	17M	17M	17M	17M	17M	17M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥36B	¥41B	¥39B	¥36B	¥36B	¥33B
Operating Margin (%)	13.0%	14.8%	10.4%	6.3%	8.5%	6.4%
Net Profit (owners)	¥2B	¥4B	¥2B	¥1B	¥1B	¥1B
Net Profit Margin (%)	6.7%	8.9%	5.9%	3.2%	3.8%	3.5%
Working Capital	¥7B	¥9B	¥10B	¥11B	¥13B	¥14B
Total Debt (Interest-bearing)	—	—	—	—	—	—
Net Worth (Common Equity)	¥25B	¥28B	¥29B	¥29B	¥29B	¥29B
Return on Total Assets (ROA)	6.5%	8.4%	5.2%	2.7%	3.3%	3.0%
Return on Common Equity (ROE)	9.7%	13.0%	7.8%	4.0%	4.7%	4.0%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.