Fujisan Magazine Service Co.,Ltd.

3138 株式会社富士山マガジンサービス

Internet Retail · Standard · TSE: Disclosed

PRICE: ¥1,158 · MKT CAP: ¥3.8B · P/E: 48.3x · P/B: 1.59x · DIV YIELD: 2.6%

PRICE — 5Y

Characteristics & Business Summary

Fujisan Magazine Service Co., Ltd. operates an online magazine bookstore in Japan. The company operates through Magazine Sales Support Business; and EdTech Business segments. It offers paper magazines and digital magazines for smartphones, tablets, computers...

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

Fiscal Period	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	5,931	5,968	5,772	5,619	5,815
Operating Profit	525	443	358	308	163
Ordinary Profit	524	443	356	298	168
Net Profit	347	288	223	171	79
EPS	¥108	¥91	¥69	¥52	¥24
DPS	¥0	¥20	¥16	¥16	¥30

Balance Sheet & Valuation Highlights

Total Assets ¥6B

Net Assets (Equity) ¥3B

Equity Ratio 42.2%

ROE (Return on Equity) 3.3%

Cash & Equivalents ¥3B

Interest-Bearing Debt ¥0B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 西野伸一郎 26.6%
2. 神谷アントニオ 12.2%
3. 株式会社図書館流通センター 10.6%
4. 株式会社ABEJA 9.3%
5. 581Wilcox Ave. 6.3%
6. 相内遍理 1.5%
7. SBI Securities Co., Ltd. 0.9%
8. 富士山マガジンサービス従業員持株会 0.8%
9. 株式会社丸喜堂 0.8%
10. 西川潔 0.6%

Activist Activity

Kamiya Antonio 12.07%

2026-01-06 · initial_5pct

Shinichiro Nishino 32.71%

2026-01-06 · change

Catalyst Data Partners Co.,Ltd. 9.29%

2026-01-06 · change

Catalyst Data Partners Co.,Ltd. 0.0%

2026-01-06 · exit

ABEJA,Inc. 9.29%

2025-12-26 · initial_5pct

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥1,840	¥1,892	¥1,787	¥1,701	¥1,761
FCF/Share	¥164	¥138	¥129	¥83	¥116
EPS	¥108	¥91	¥69	¥52	¥24
DPS	¥0	¥20	¥16	¥16	¥30
Capital Spending per share	¥2	¥0	¥4	¥1	¥12
Book Value per share	¥572	¥656	¥696	¥722	¥730
Common Shares Outstanding	3M	3M	3M	3M	3M

Financial Aggregates & Margins

Financial Aggregate	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥6B	¥6B	¥6B	¥6B	¥6B
Operating Margin (%)	8.9%	7.4%	6.2%	5.5%	2.8%
Net Profit (owners)	¥0B	¥0B	¥0B	¥0B	¥0B
Net Profit Margin (%)	5.8%	4.8%	3.9%	3.0%	1.4%
Working Capital	¥1B	¥1B	¥1B	¥2B	¥2B
Total Debt (Interest-bearing)	¥1B	¥1B	¥1B	¥1B	¥0B
Net Worth (Common Equity)	¥2B	¥2B	¥2B	¥2B	¥2B
Return on Total Assets (ROA)	6.4%	5.1%	3.8%	2.9%	1.4%
Return on Common Equity (ROE)	18.8%	13.9%	9.9%	7.2%	3.3%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.