2371
Kakaku.com,Inc.
株式会社カカクコム
Services
Kakaku.com, Inc., together with its subsidiaries, provides purchase support, restaurant review, and other services in Japan. It operates Kakaku.com that provides prices, specifications, and user reviews on various products and services, such as computers, home appliances and smartphones, furniture, internet providers, and insurance and loans to help users make informed decisions; and Tabelog.com, a restaurant discovery and reservation service site. The company also operates Kyujin Box, a comprehensive job search service site; Sumaity, a residential real estate website; 4 travel, a travel review and comparison site; Kakaku.com Insurance, a consulting service for insurance selection; Time Design, a dynamic package reservation platform; icotto, an online travel information media; Bus Hikaku Navi, a price comparison service for highway and overnight buses; Tabi Hikaku Navi, a comparison service for domestic tours and travel within Japan, including prices and itineraries; and Kakuyasu Idou, a comparison site for the cheapest bus, airline and bullet train tickets. In addition, it operates Bus Trip, an online media on highway busses and bus tours; Kinarino, a Lifestyle media; LiPLUS, a home service matching platform; PHOTOHITO, a photo sharing community site; webCG, an online media for car enthusiasts; Tabelog Kyujin, a restaurant and foodservice; and Jobcube, a comprehensive job search service site. The company was founded in 1997 and is headquartered in Tokyo, Japan.
Price
¥3,340
Market Cap
¥660.4B
Ent. Value
—
Net Cash
est
—
Shares Out.
197.7M
P / E
33.0×
EV / EBIT
—
P / Book
—
P / NCAV
16.44×
Div. Yield
2.40%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥78.4B | ¥66.9B | ¥60.8B | ¥51.7B |
| Operating Income | ¥29.3B | ¥25.8B | ¥23.9B | ¥19.1B |
| Non-Operating Income | ¥24M | ¥443M | ¥255M | ¥748M |
| Non-Operating Expenses | ¥584M | ¥83M | ¥517M | ¥2M |
| Pre-tax Income | ¥28.7B | ¥26.1B | ¥23.3B | ¥20.9B |
| Net Income (owners) | ¥20.0B | ¥18.1B | ¥16.1B | ¥14.3B |
| Minority Interest | ¥-30M | ¥27M | ¥24M | ¥1M |
| Comprehensive Income | ¥20.0B | ¥18.1B | ¥16.1B | ¥14.4B |
| EBITDA | ¥33.2B | ¥29.5B | ¥27.5B | ¥22.6B |
| EPS | ¥101.33 | ¥90.45 | ¥79.29 | ¥69.65 |
| Shares Outstanding | 197.7M | 197.6M | 201.1M | 204.6M |
| Shares Issued (total) | 198.2M | 198.2M | 201.8M | 205.3M |
| Treasury Shares | 0.5M | 0.7M | 0.7M | 0.7M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥93.5B | ¥83.3B | ¥78.6B | ¥70.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥71.5B | ¥60.7B | ¥55.5B | ¥47.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥50.9B | ¥37.7B | ¥36.5B | ¥34.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥22.0B | ¥22.6B | ¥23.1B | ¥23.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥2.2B | ¥2.1B | ¥2.4B | ¥2.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥3.5B | ¥4.0B | ¥4.1B | ¥3.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥1.9B | ¥1.3B | ¥1.3B | ¥529M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥31.4B | ¥31.6B | ¥30.4B | ¥22.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥27.5B | ¥26.8B | ¥25.1B | ¥16.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | — | ¥121M | ¥531M | ¥486M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥3.9B | ¥4.8B | ¥5.4B | ¥5.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | — | ¥134M | ¥163M | ¥40M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥62.1B | ¥51.7B | ¥48.1B | ¥48.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥78M | ¥64M | ¥141M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥61.7B | ¥51.2B | ¥48.1B | ¥48.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-877M | ¥-1.2B | ¥-1.6B | ¥-2.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥72M | ¥376M | ¥360M | ¥454M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥61.8B | ¥51.4B | ¥47.9B | ¥48.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥323M | ¥311M | ¥284M | ¥208M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | — | ¥255M | ¥694M | ¥526M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥50.9B | ¥37.4B | ¥35.8B | ¥33.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥40.2B | ¥29.1B | ¥25.1B | ¥24.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥203 | ¥147 | ¥125 | ¥121 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥313 | ¥260 | ¥238 | ¥234 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥27.4B | ¥19.5B | ¥22.4B | ¥16.0B |
| D&A | ¥3.9B | ¥3.6B | ¥3.6B | ¥3.5B |
| Investing CF | ¥-2.9B | ¥-2.2B | ¥-2.7B | ¥-1.3B |
| CapEx | ¥698M | ¥283M | ¥552M | ¥380M |
| Purchase Investments | ¥-315M | ¥-147M | ¥-614M | ¥-692M |
| Financing CF | ¥-11.3B | ¥-16.1B | ¥-17.6B | ¥-15.3B |
| Free Cash Flow | ¥26.7B | ¥19.2B | ¥21.8B | ¥15.7B |
| Net Change in Cash | ¥13.2B | ¥1.2B | ¥2.2B | ¥-590M |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 19
Capital Allocation Signals 3
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-12
18:00
|
TOB | — | Kakaku.com,Inc. announced suspension of dividend payments for the fiscal periods ending September 30, 2026 and March 31,… | |
|
Summary
Kakaku.com,Inc. announced suspension of dividend payments for the fiscal periods ending September 30, 2026 and March 31, 2027, conditional upon completion of a public tender offer by Kamgras 1 K.K. The company is suspending its prior dividend policy (27 yen per share) as the tender offer pricing was calculated on the assumption of no dividends during this period. The company will be delisted following the TOB completion.
YoY: -100%
Source (JP)
本公開買付けが成立することを条件に、2026年９月30日（第２四半期末）を基準日とする剰余金の配当及び2027年３月31日（期末）を基準日とする剰余金の配当を行わないことを決議いたしました
剰余金の配当（無配）に関するお知らせ
TDnet PDF
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2026-05-12
18:00
|
TOB | ¥3000.0/sh 17.5% | Kakaku.com's board endorsed a tender offer by Kamgras 1 Co. (EQT AB-backed BPEA Fund IX subsidiary) to acquire all outst… | |
|
Summary
Kakaku.com's board endorsed a tender offer by Kamgras 1 Co. (EQT AB-backed BPEA Fund IX subsidiary) to acquire all outstanding shares and warrants at ¥3,000 per share, with a minimum purchase of 34.94 million shares (17.51% stake). The transaction aims to delist and take the company private, with major shareholders DG (20.50%) and KDDI (17.55%) agreeing not to tender. The offer runs May 13 to July 2, 2026.
Deadline: 2026-07-02
% of Shares: 17.5%
Shares: 34,941,000
Source (JP)
Kamgras １株式会社による当社の普通株式及び本新株予約権に対する公開買付けに賛同の意見を表明するとともに、当社の株主の皆様に対しては、本公開買付けへの応募を推奨することを決議いたしました。買付け等の価格：普通株式１株につき、金3,000円
Kamgras １株式会社による当社株券等に対する 公開買付けに関する賛同の意見表明及び応募推奨のお知らせ
TDnet PDF
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2026-05-12
18:00
|
TOB | 17.5% | Kamgras 1株式会社 (backed by EQT AB through BPEA Fund IX) has announced a tender offer to acquire all outstanding shares of … | |
|
Summary
Kamgras 1株式会社 (backed by EQT AB through BPEA Fund IX) has announced a tender offer to acquire all outstanding shares of Kakaku.com,Inc. Inc. (TSE Prime: 2371) with the goal of taking the company private. The minimum purchase target is set at 34,941,000 shares (17.51% of voting shares), with no upper limit. Two major shareholders—Digital Garage (20.50%, 40.9M shares) and KDDI (17.55%, 35.0M shares)—have committed to not tendering under non-subscription agreements and will support squeeze-out procedures including share consolidation.
% of Shares: 17.5%
Shares: 34,941,000
Source (JP)
Kamgras １株式会社は、2026年５月12日、株式会社カカクコムの普通株式及び本新株予約権の全てを金融商品取引法による公開買付けにより取得することを決定いたしました。公開買付者は、対象者株券等の全てを取得し、対象者株式を非公開化することを目的とする一連の取引の一環として、本公開買付けを実施することを決定いたしました。
Kamgras １株式会社による株式会社カカクコム（証券コード：2371） に対する公開買付けの開始に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Digital Garage, Inc.
株式会社デジタルガレージ
|
40,917 | 20.69% |
| 2 |
KDDI
ＫＤＤＩ株式会社
|
35,016 | 17.71% |
| 3 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社（信託口）
|
23,960 | 12.12% |
| 4 |
Japan Custody Bank
株式会社日本カストディ銀行（信託口）
|
8,440 | 4.27% |
| 5 |
State Street Bank and Trust Company
ステート ストリート バンク アンド トラスト カンパニー 505001 （常任代理人 株式会社みずほ銀行決済営業部）
|
7,308 | 3.70% |
| 6 |
BNYM AS AGT/CLTS 10 PERCENT
ビーエヌワイエム アズ エージーテイ クライアンツ 10 パーセント （常任代理人 株式会社三菱ＵＦＪ銀行）
|
3,219 | 1.63% |
| 7 |
RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT
RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT （常任代理人 シティバンク、エヌ・エイ東京支店）
|
2,894 | 1.46% |
| 8 |
BNY Mellon (Nominee)
ビーエヌワイエム アズ エージーテイ クライアンツ ノン トリーテイー ジヤスデツク （常任代理人 株式会社三菱ＵＦＪ銀行）
|
2,263 | 1.14% |
| 9 |
JPMorgan Chase Bank, N.A.
ジェーピー モルガン チェース バンク 380055 （常任代理人 株式会社みずほ銀行決済営業部）
|
2,117 | 1.07% |
| 10 |
BNY Mellon (Nominee)
ザ バンク オブ ニューヨーク メロン 140044 （常任代理人 株式会社みずほ銀行決済営業部）
|
1,939 | 0.98% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
16.4%
+1.1% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
5.8%
+0.7% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
42.6%
-1.0% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 64.8% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Digital Garage, Inc. 式会社デジタルガレージ | 20.35% | 20.71% | 20.69% -0.02% | |
| KDDI ＫＤＤＩ | 17.41% | 17.72% | 17.71% -0.01% | |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 12.00% | 11.30% | 12.12% +0.82% | |
| Japan Custody Bank 日本カストディ銀行 | 3.76% | 3.99% | 4.27% +0.28% | |
| State Street | 2.92% | 4.04% | 3.70% -0.34% | |
| ビーエヌワイエム アズ エージーテイ クライアンツ 10 パーセント NEW ENTRY | — | — | — | 1.63% NEW |
| RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT | 1.33% | 1.56% | 1.46% -0.10% | |
| ビーエヌワイエム アズ エージーテイ クライアンツ ノン トリーテイー ジヤスデツク | 1.68% | 2.17% | 1.14% -1.03% | |
| JP Morgan NEW ENTRY | — | — | — | 1.07% NEW |
| BNY Mellon | 1.25% | 1.04% | 0.98% -0.06% | |
| バンク オブ ニユーヨーク ジーシーエム クライアント アカウント ジエイピーアールデイ アイエスジー エフイー－エイシー last seen 2024 | Exited Top 10 | — | 1.43% | — |
| ＪＰモルガン証券 last seen 2023 | Exited Top 10 | 1.32% | — | — |
| Concentration (HHI) ⓘ | 892 | 913 | 929 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥291M
+27% since 2023
Holdings
1
Trend
Stable
vs 2023
| Held Company | FY2025 ¥291M total | FY2023 ¥229M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
ZENRIN CO., LTD.
㈱ゼンリン
|
291 |
274,950
|
229 | 274,950 | M |
| Portfolio total | 291 | 229 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding