Aoba-BBT, Inc.

2464 株式会社ビジネス・ブレークスルー

Education & Training Services · Standard

PRICE: ¥315 · MKT CAP: ¥4.4B · P/E: 14.5x · P/B: 0.85x · DIV YIELD: 3.5%

PRICE — 5Y

Characteristics & Business Summary

Aoba-BBT, Inc. operates in the educational business in Japan. The company is involved in the distance education business; group education business; international school management; content provider business; and planning and production of business and...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	5,889	6,757	7,257	7,475	7,700	7,669	7,968
Operating Profit	200	471	329	383	441	455	628
Ordinary Profit	200	472	326	389	478	464	—
Net Profit	100	222	724	243	243	274	393
EPS	¥7	¥16	¥51	¥17	¥18	¥20	¥31
DPS	¥11	¥11	¥16	¥11	¥11	¥0	¥11

Balance Sheet & Valuation Highlights

Total Assets ¥7B

Net Assets (Equity) ¥5B

Equity Ratio 63.6%

ROE (Return on Equity) 5.9%

Cash & Equivalents ¥3B

Interest-Bearing Debt ¥0B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 大前研一 34.6%
2. Japan Custody Bank 8.7%
3. 上原俊彦 3.2%
4. 久保博昭 1.7%
5. 酒井拓 1.6%
6. 伊藤泰史 1.4%
7. 宮本雅史 1.4%
8. 大西寛 1.2%
9. 日森潤 1.2%
10. 村井純 1.2%

Activist Activity

Global Management Partners Limited 5.0%

2026-06-09 · initial_5pct

Mizuho Trust & Banking Co., Ltd. 8.41%

2024-12-06 · initial_5pct

Aoba-BBT, Inc. 33.65%

2024-11-28 · change

Aoba-BBT, Inc. 38.18%

2023-12-05 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥425	¥480	¥515	¥532	¥555	¥553	—
FCF/Share	¥42	¥-1	¥71	¥-38	¥74	¥33	—
EPS	¥7	¥16	¥51	¥17	¥18	¥20	¥31
DPS	¥11	¥11	¥16	¥11	¥11	¥0	¥11
Capital Spending per share	¥21	¥42	¥8	¥7	¥5	¥5	—
Book Value per share	¥323	¥313	¥353	¥337	¥329	¥337	—
Common Shares Outstanding	14M	14M	14M	14M	14M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥6B	¥7B	¥7B	¥7B	¥8B	¥8B	¥8B
Operating Margin (%)	3.4%	7.0%	4.5%	5.1%	5.7%	5.9%	7.9%
Net Profit (owners)	¥0B	¥0B	¥1B	¥0B	¥0B	¥0B	¥0B
Net Profit Margin (%)	1.7%	3.3%	10.0%	3.2%	3.2%	3.6%	4.9%
Working Capital	¥-2B	¥-2B	¥0B	¥0B	¥0B	¥1B	—
Total Debt (Interest-bearing)	¥2B	¥2B	¥0B	¥0B	¥0B	¥0B	—
Net Worth (Common Equity)	¥4B	¥4B	¥5B	¥5B	¥5B	¥5B	—
Return on Total Assets (ROA)	1.2%	2.5%	8.4%	3.2%	3.3%	3.7%	—
Return on Common Equity (ROE)	2.2%	5.0%	14.5%	5.1%	5.3%	5.9%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.