3495
Karyoujuban Co., Ltd.
香陵住販株式会社
Real Estate
Koryojyuhan Co., Ltd. operates as a real estate company in Japan. The company offers rental brokerage, trunk room, and senior housing services. It also involved in the provision of sales intermediation; real estate purchase and sales; residential land sales; sale of real estate developed in-house; real estate fund business; and solar power generation activities. In addition, the company provides rental management, renovation proposals, vacant house management, and sublease services; and real estate consulting and coin parking services. Koryojyuhan Co., Ltd. was incorporated in 1981 and is headquartered in Mito, 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
¥11.5B
¥10.0B
¥9.3B
¥8.7B
¥7.8B
Cost of Sales
¥7.4B
¥6.1B
¥5.7B
¥5.3B
¥4.5B
Gross Profit
¥4.1B
¥3.9B
¥3.6B
¥3.4B
¥3.3B
SG&A
¥3.1B
¥2.9B
¥2.7B
¥2.7B
¥2.6B
Operating Income
¥1.1B
¥1.0B
¥857M
¥794M
¥623M
Non-Operating Income
¥33M
¥38M
¥42M
¥33M
¥55M
Dividend Income
¥10M
¥8M
¥7M
¥3M
¥3M
Interest Income
¥1M
¥0M
¥0M
¥0M
¥0M
Non-Operating Expenses
¥68M
¥60M
¥44M
¥32M
¥25M
Interest Expense
¥51M
¥38M
¥30M
¥24M
¥19M
Ordinary Income
¥1.0B
¥980M
¥854M
¥795M
¥652M
Pre-tax Income
¥1.4B
¥1.1B
¥921M
¥737M
¥605M
Income Taxes
¥416M
¥334M
¥268M
¥244M
¥198M
Current Tax
¥459M
¥395M
¥302M
¥262M
¥208M
Deferred Tax
¥-43M
¥-61M
¥-35M
¥-18M
¥-10M
Net Income (owners)
¥1.0B
¥722M
¥653M
¥493M
¥407M
Comprehensive Income
¥1.1B
¥714M
¥688M
¥475M
¥403M
EBITDA
¥1.4B
¥1.3B
¥1.2B
¥1.1B
¥879M
Goodwill Amort. (J-GAAP)
¥18M
¥18M
¥18M
¥18M
¥18M
EPS
¥368.27
¥264.33
¥241.87
¥366.93
¥307.25
Shares Outstanding
2.8M
2.7M
2.7M
1.3M
1.3M
Shares Issued (total)
2.8M
2.7M
2.7M
1.3M
1.3M
Treasury Shares
—
0.0M
0.0M
—
—
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥17.8B
¥16.4B
¥14.1B
¥11.5B
¥9.5B
Current Assets
¥12.9B
¥11.2B
¥9.0B
¥6.6B
¥5.3B
Cash & Deposits
¥2.2B
¥2.2B
¥1.8B
¥1.8B
¥2.0B
Trade Receivables
¥204M
¥232M
¥193M
¥177M
¥163M
Non-Current Assets
¥4.9B
¥5.2B
¥5.1B
¥4.9B
¥4.2B
PP&E
¥4.1B
¥4.5B
¥4.4B
¥4.3B
¥3.6B
Goodwill
¥9M
¥27M
¥45M
¥63M
¥81M
Intangible Assets
¥85M
¥106M
¥132M
¥154M
¥179M
Investment Securities
¥278M
¥201M
¥190M
¥136M
¥108M
Deferred Tax Assets
¥205M
¥186M
¥121M
¥118M
¥96M
Total Liabilities
¥11.6B
¥11.2B
¥9.5B
¥7.5B
¥5.9B
Current Liabilities
¥4.9B
¥5.1B
¥4.6B
¥4.3B
¥3.6B
ST Debt
¥2.0B
¥2.4B
¥2.3B
¥2.3B
¥1.8B
Taxes Payable
¥288M
¥250M
¥183M
¥168M
¥109M
Non-Current Liabilities
¥6.7B
¥6.0B
¥4.9B
¥3.2B
¥2.3B
Total LT Borrowings
¥5.4B
¥4.8B
¥3.7B
¥2.1B
¥1.4B
Pension Obligations
¥308M
¥264M
¥223M
¥201M
¥176M
Deferred Tax Liab.
—
—
—
¥16M
¥14M
Total Equity
¥6.2B
¥5.3B
¥4.6B
¥4.0B
¥3.6B
Capital Stock
¥393M
¥386M
¥372M
¥367M
¥363M
Capital Surplus
¥294M
¥287M
¥273M
¥269M
¥264M
Retained Earnings
¥5.4B
¥4.5B
¥3.9B
¥3.4B
¥3.0B
Treasury Stock
¥-0M
¥-0M
¥-0M
¥-0M
¥-0M
AOCI
¥103M
¥53M
¥61M
¥26M
¥44M
Equity (owners)
¥6.1B
¥5.2B
¥4.6B
¥4.0B
¥3.6B
Total Interest-Bearing Debt ⓘ
¥7.4B
¥7.2B
¥6.0B
¥4.4B
¥3.2B
Net Cash ⓘ
¥-5.2B
¥-5.0B
¥-4.1B
¥-2.5B
¥-1.2B
NCAV ⓘ
¥1.3B
¥79M
¥-449M
¥-883M
¥-568M
NCAV/Share
¥459
¥29
¥-166
¥-656
¥-424
BV/Share
¥2,203
¥1,895
¥1,687
¥2,983
¥2,682
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥-646M
¥-712M
¥-1.4B
¥-320M
¥607M
Interest Paid
¥-55M
¥-40M
¥-29M
¥-20M
¥-23M
Interest Received
¥11M
¥8M
¥7M
¥3M
¥3M
D&A
¥296M
¥307M
¥337M
¥265M
¥239M
Goodwill Amort.
¥18M
¥18M
¥18M
¥18M
¥18M
Investing CF
¥553M
¥7M
¥-282M
¥-1.0B
¥-183M
CapEx
¥65M
¥351M
¥284M
¥950M
¥150M
Purchase Investments
¥-3M
¥-22M
¥-4M
¥-53M
¥-4M
Proceeds from Invest.
—
—
—
—
¥18M
Financing CF
¥110M
¥1.1B
¥1.7B
¥1.1B
¥-81M
Dividends Paid
¥-143M
¥-120M
¥-104M
¥-90M
¥-75M
Share Buybacks
¥-0M
—
¥-0M
—
—
LT Debt Repaid
¥-3.7B
¥-2.4B
¥-1.4B
¥-831M
¥-1.5B
Free Cash Flow
¥-712M
¥-1.1B
¥-1.7B
¥-1.3B
¥456M
Net Change in Cash
¥16M
¥378M
¥21M
¥-246M
¥343M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
17.7%
14.6%
15.1%
12.8%
11.8%
ROA
5.9%
4.7%
5.1%
4.7%
4.3%
EPS
¥368.27
¥264.33
¥241.87
¥366.93
¥307.25
DPS
¥55.00
¥48.00
¥61.00
¥72.00
¥64.00
BPS
¥2,240.95
¥1,914.69
¥1,709.98
¥3,002.34
¥2,714.48
FCF/Share
¥-257
¥-387
¥-628
¥-943
¥341
NCAV/Share
¥459
¥29
¥-166
¥-656
¥-424
Payout Ratio
14.9%
18.2%
25.2%
19.6%
20.8%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 11
Date Activist Stake Event Flag Demands Source
2026-05-20
SOUMEI USUI
29.32%
-4.72%
change
Passive
—
2026-02-16
Fractal Business Inc.
7.15%
+1.09%
change
Passive
—
2024-12-09
Fractal Business Inc.
6.06%
+0.01%
correction
Passive
—
2024-12-06
Fractal Business Inc.
6.05%
+1.02%
change
Passive
—
2024-07-03
SOUMEI USUI
34.04%
-1.25%
change
Passive
—
2024-03-05
TOSHIMICHI SUGAWARA
7.8%
correction
Passive
—
2024-03-01
TOSHIMICHI SUGAWARA
7.8%
change
Passive
—
2024-02-22
SOUMEI USUI
35.29%
change
Passive
—
2024-02-22
SOUMEI USUI
35.29%
correction
Passive
—
2024-02-16
Fractal Business Inc.
5.03%
initial_5pct
Passive
—
2024-02-16
Fractal Business Inc.
5.03%
correction
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 5
#
Shareholder
Shares (thou.)
% of Total
1
薄井 宗明
932
33.73%
2
菅原 敏道
213
7.71%
3
株式会社フラクタル・ビジネス
141
5.10%
4
アイエスジー株式会社
105
3.81%
5
カンプロ株式会社
92
3.35%
6
門田 洋
78
2.84%
7
水戸信用金庫
64
2.32%
8
金子 哲広
54
1.96%
9
Mito Securities Co., Ltd.
水戸証券株式会社
45
1.65%
10
Employee Stock Ownership Plan
香陵住販従業員持株会
41
1.51%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
64.0%
+0.8% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
薄井 宗明
35.40%
33.96%
33.73%
-0.23%
菅原 敏道
7.81%
7.76%
7.71%
-0.05%
式会社フラクタル・ビジネス
4.55%
4.68%
5.10%
+0.42%
アイエスジー
3.89%
3.84%
3.81%
-0.03%
カンプロ
—
2.42%
3.35%
+0.93%
門田 洋
2.58%
2.91%
2.84%
-0.07%
水戸信用金庫
2.37%
2.34%
2.32%
-0.02%
金子 哲広
1.95%
1.97%
1.96%
-0.01%
Mito Securities Co., Ltd.
水戸証券
1.68%
1.66%
1.65%
-0.01%
Employee Stock Ownership Plan
香陵住販従業員持株会
1.63%
1.66%
1.51%
-0.15%
諌山 哲史
last seen 2023
Exited Top 10
1.62%
—
—
Concentration (HHI)
ⓘ
1374
1279
1271
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥220M
+16% since 2023
Holdings
5
1 exited
Trend
2 building
vs 2023
Held Company
FY2025
¥220M total
FY2023
¥190M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Mito Securities Co., Ltd.
水戸証券株式会社
106
191,700
87
191,700
M
AKATSUKI EAZIMA CO., LTD.
暁飯島工業株式会社
71
+150.0%
↑
20,000
11
8,000
M
株式会社JPMC (旧・日本管理センター株式会社)
25
19,200
22
19,200
サンネクスタグループ 株式会社 (旧・日本社宅サービス株式会社)
15
+28.1%
↑
14,275
11
11,147
スターツプロシード 投資法人
4
20
4
20
YAMATO HOLDINGS CO.,LTD.
ヤマトホールディングス 株式会社
—
−100%
Exit
—
54
22,285
Portfolio total
220
190
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding