3856
Abalance Corporation
Abalance株式会社
Information & Communication
Abalance Corporation, together with its subsidiaries, engages in renewable energy, construction machinery, IT, and photocatalyst businesses in Japan and internationally. It also engages in the manufacturing of solar panel, sale of solar power generation systems, electricity, and related products; development of solar modules and system; provides materials for industrial and residential storage batteries; and offers photocatalyst- related liquids. It is also involved in the sale, lease, and rental of construction equipment and machinery. In addition, the company is involved in sale and rental of hydrogen energy storage systems, as well as the development of storage systems. The company was formerly known as REALCOM Inc. and changed its name to Abalance Corporation in March 2017. Abalance Corporation was incorporated in 2000 and is headquartered in Tokyo, Japan.
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⚠ TSE Capital Mandate
P / Book
0.39×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥72.4B
¥209.0B
¥217.4B
¥92.4B
¥26.9B
Cost of Sales
¥60.2B
¥164.4B
¥187.0B
¥82.7B
¥22.1B
Gross Profit
¥12.2B
¥44.6B
¥30.4B
¥9.7B
¥4.8B
SG&A
¥8.6B
¥21.2B
¥16.8B
¥8.0B
¥3.4B
Operating Income
¥3.6B
¥23.3B
¥13.6B
¥1.7B
¥1.4B
Non-Operating Income
¥1.6B
¥4.4B
¥3.0B
¥769M
¥376M
Interest Income
¥285M
¥960M
¥386M
¥111M
¥3M
Non-Operating Expenses
¥1.5B
¥2.9B
¥1.7B
¥956M
¥468M
Interest Expense
¥1.2B
¥2.0B
¥1.5B
¥740M
¥317M
Ordinary Income
¥3.7B
¥24.9B
¥14.8B
¥1.5B
¥1.3B
Pre-tax Income
¥3.5B
¥24.3B
¥14.8B
¥2.3B
¥1.3B
Income Taxes
¥488M
¥4.1B
¥2.3B
¥642M
¥323M
Current Tax
¥835M
¥3.1B
¥2.5B
¥751M
¥675M
Deferred Tax
¥-347M
¥1.0B
¥-118M
¥-108M
¥-352M
Net Income (owners)
¥951M
¥9.5B
¥5.4B
¥867M
¥537M
Minority Interest
¥2.0B
¥10.7B
¥7.0B
¥751M
¥394M
Comprehensive Income
¥-126M
¥21.6B
¥13.5B
¥2.4B
¥1.1B
EBITDA
¥10.0B
¥28.4B
¥15.9B
¥3.3B
¥2.1B
Goodwill Amort. (J-GAAP)
¥1.1B
¥401M
¥375M
¥147M
¥12M
EPS
¥53.50
¥547.83
¥321.68
¥52.78
¥102.63
Shares Outstanding
17.7M
17.7M
17.4M
5.5M
5.3M
Shares Issued (total)
17.9M
17.9M
17.5M
5.6M
5.3M
Treasury Shares
0.2M
0.2M
0.1M
0.0M
0.0M
Metric
FY 2024
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥145.8B
¥150.2B
¥144.1B
¥85.2B
¥39.4B
Current Assets
¥89.0B
¥89.2B
¥100.4B
¥57.5B
¥22.5B
Cash & Deposits
¥26.5B
¥37.7B
¥20.6B
¥4.0B
¥4.7B
Trade Receivables
¥5.4B
¥3.6B
—
¥6.2B
—
Non-Current Assets
¥56.8B
¥61.0B
¥43.7B
¥27.7B
¥16.8B
PP&E
¥46.2B
¥49.3B
¥33.3B
¥20.6B
¥15.2B
Goodwill
¥3.9B
¥4.9B
¥5.3B
¥4.6B
¥332M
Intangible Assets
¥6.6B
¥6.4B
¥7.5B
¥4.7B
¥365M
Investment Securities
¥1.4B
¥2.6B
¥1.5B
¥1.2B
¥206M
Deferred Tax Assets
¥705M
¥565M
¥741M
¥540M
¥434M
Total Liabilities
¥102.5B
¥107.7B
¥120.8B
¥77.2B
¥34.6B
Current Liabilities
¥80.3B
¥83.3B
¥100.2B
¥57.7B
¥26.2B
ST Debt
¥33.8B
¥31.6B
¥38.1B
¥19.6B
¥7.4B
Taxes Payable
¥1.2B
¥2.2B
¥1.5B
¥180M
¥588M
Non-Current Liabilities
¥22.2B
¥24.5B
¥20.6B
¥19.5B
¥8.4B
Total LT Borrowings
¥10.4B
¥12.8B
¥13.4B
¥12.1B
¥6.2B
Pension Obligations
¥0M
¥0M
¥0M
¥0M
¥0M
Deferred Tax Liab.
¥492M
¥670M
¥159M
¥95M
¥128M
Total Equity
¥43.3B
¥42.4B
¥23.3B
¥8.0B
¥4.8B
Capital Stock
¥2.5B
¥2.5B
¥2.1B
¥1.2B
¥825M
Capital Surplus
¥3.2B
¥2.2B
¥1.4B
¥647M
¥229M
Retained Earnings
¥18.7B
¥17.8B
¥9.0B
¥3.7B
¥2.9B
Treasury Stock
¥-91M
¥-144M
¥-143M
¥-22M
¥-21M
AOCI
¥-85M
¥1.4B
¥779M
¥374M
¥52M
Equity (owners)
¥24.3B
¥22.4B
¥12.4B
¥5.6B
¥4.0B
Minority Interests
¥18.9B
¥18.3B
¥9.9B
¥1.9B
¥758M
Total Interest-Bearing Debt ⓘ
¥44.2B
¥44.4B
¥51.5B
¥31.7B
¥13.6B
Net Cash ⓘ
¥-17.7B
¥-6.6B
¥-30.8B
¥-27.7B
¥-8.9B
NCAV ⓘ
¥-13.4B
¥-18.5B
¥-20.4B
¥-19.7B
¥-12.1B
NCAV/Share
¥-758
¥-1,047
¥-1,173
¥-3,560
¥-2,275
BV/Share
¥1,370
¥1,263
¥711
¥1,003
¥745
Metric
FY 2024
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥-10.4B
¥44.8B
¥19.3B
¥-6.3B
¥-608M
Interest Paid
¥-1.1B
¥-2.0B
¥-1.5B
¥-754M
¥-298M
Interest Received
¥233M
¥464M
¥102M
¥117M
¥29M
D&A
¥5.2B
¥4.7B
¥1.9B
¥1.5B
¥708M
Goodwill Amort.
¥1.1B
¥401M
¥375M
¥147M
¥12M
Investing CF
¥-2.6B
¥-21.2B
¥-21.4B
¥-13.3B
¥-1.4B
CapEx
¥4.0B
¥9.7B
¥13.1B
¥6.1B
¥2.7B
Purchase Investments
¥-117M
¥-184M
¥-55M
—
—
Proceeds from Invest.
¥28M
—
¥47M
—
—
Financing CF
¥4.1B
¥-5.4B
¥17.2B
¥17.8B
¥5.3B
Dividends Paid
¥-88M
¥-138M
¥-117M
¥-98M
¥-89M
Share Buybacks
—
¥0M
¥-1M
¥0M
¥0M
LT Debt Repaid
¥-2.2B
¥-5.0B
¥-4.7B
¥-3.9B
¥-1.4B
Free Cash Flow
¥-14.3B
¥35.1B
¥6.1B
¥-12.5B
¥-3.3B
Net Change in Cash
¥-11.3B
¥17.5B
¥16.4B
¥-1.1B
¥3.5B
Metric
FY 2024
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
4.0%
52.4%
57.1%
17.4%
17.6%
ROA
0.6%
6.5%
4.7%
1.4%
1.4%
EPS
¥53.50
¥547.83
¥321.68
¥52.78
¥102.63
DPS
¥3.00
¥8.00
¥8.00
¥18.00
¥17.00
BPS
¥1,358.44
¥1,337.80
¥758.02
¥356.95
¥754.87
FCF/Share
¥-810
¥1,982
¥352
¥-2,254
¥-629
NCAV/Share
¥-758
¥-1,047
¥-1,173
¥-3,560
¥-2,275
Payout Ratio
5.6%
1.5%
2.5%
34.1%
16.6%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 34
Date Activist Stake Event Flag Demands Source
2026-05-22
SBI SECURITIES Co.,Ltd.
7.77%
+6.99%
initial_5pct
Passive
—
2026-05-12
SBI SECURITIES Co.,Ltd.
0.78%
-7.21%
change
Passive
—
2026-04-21
SBI SECURITIES Co.,Ltd.
7.99%
-0.65%
change
Passive
—
2026-02-05
SBI SECURITIES Co.,Ltd.
8.64%
+7.7%
initial_5pct
Passive
—
2026-01-15
Ryu Jyunsei
29.73%
change
Passive
—
2025-12-19
SBI SECURITIES Co.,Ltd.
0.94%
-7.31%
change
Passive
—
2025-11-07
SBI SECURITIES Co.,Ltd.
8.25%
+7.39%
initial_5pct
Passive
—
2025-06-05
SBI SECURITIES Co.,Ltd.
0.86%
-7.84%
change
Passive
—
2025-05-08
SBI SECURITIES Co.,Ltd.
8.7%
+0.54%
change
Passive
—
2025-04-08
Ryu Jyunsei
29.73%
correction
Passive
—
2025-04-07
Ryu Jyunsei
29.73%
change
Passive
—
2025-01-22
Ryu Jyunsei
29.73%
-0.01%
initial_5pct
Passive
—
2025-01-21
SBI SECURITIES Co.,Ltd.
8.16%
+2.77%
change
Passive
—
2025-01-09
SBI SECURITIES Co.,Ltd.
5.39%
+3.91%
initial_5pct
Passive
—
2024-12-19
SBI SECURITIES Co.,Ltd.
1.48%
-4.16%
change
Passive
—
2024-11-07
SBI SECURITIES Co.,Ltd.
5.64%
+4.17%
initial_5pct
Passive
—
2024-10-21
SBI SECURITIES Co.,Ltd.
1.47%
-3.95%
change
Passive
—
2024-09-24
SBI SECURITIES Co.,Ltd.
5.42%
+3.89%
initial_5pct
Passive
—
2024-09-05
SBI SECURITIES Co.,Ltd.
1.53%
-3.64%
change
Passive
—
2024-09-03
Ryu Jyunsei
29.74%
initial_5pct
Passive
—
2024-08-19
Ryu Junsei
30.85%
correction
Passive
—
2024-08-13
Ryu Junsei
30.85%
change
Passive
—
2024-08-06
SBI SECURITIES Co.,Ltd.
5.17%
initial_5pct
Passive
—
2024-07-05
Ryu Junsei
30.85%
change
Passive
—
2024-06-14
Ryu Junsei
30.85%
change
Passive
—
2024-04-15
Mitsubishi UFJ Financial Group Inc.
4.44%
-3.34%
change
Passive
—
2024-04-01
Mitsubishi UFJ Financial Group Inc.
7.78%
+1.68%
change
Passive
—
2024-03-18
Mitsubishi UFJ Financial Group Inc.
6.1%
initial_5pct
Passive
—
2024-01-05
Rakuten Securities, Inc.
0.22%
-5.08%
change
Passive
—
2023-12-19
Matsui Securities Co.,Ltd
1.67%
-3.37%
change
Passive
—
2023-11-02
Rakuten Securities, Inc.
5.3%
initial_5pct
Passive
—
2023-09-20
Matsui Securities Co.,Ltd
5.04%
+3.1%
initial_5pct
Passive
—
2023-07-19
Matsui Securities Co.,Ltd
1.94%
-7.06%
change
Passive
—
2023-06-02
Matsui Securities Co.,Ltd
9.0%
initial_5pct
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-15
16:00
Div Cut
—
Abalance Corporation announced zero dividend (no payout) for the fiscal year ending March 31, 2026, down from ¥3 per sha…
Summary
Abalance Corporation announced zero dividend (no payout) for the fiscal year ending March 31, 2026, down from ¥3 per share in the prior fiscal year (2025). The board decided to prioritize financial base strengthening and operational stability by retaining earnings for future business expansion, apologizing to shareholders while committing to restore stable dividends.
YoY: -100%
Source (JP)
当社は、本日開催の取締役会において、2026年3月期の期末配当につきまして、無配とすることを決議いたしました。
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
龍 潤生
4,360,250
24.43%
2
有限会社飯塚フューチャーデザイン
645,000
3.61%
3
日野 豊
490,000
2.75%
4
BNY Mellon (Nominee)
BNYM AS AGT/CLTS NON TRATY JASDEC(常任代理人株式会社三菱UFJ銀行 取締役頭取執行役員 半沢 淳一)
425,000
2.38%
5
山下 博
380,450
2.13%
6
塚本 勲
369,300
2.07%
7
楽天証券株式会社
297,800
1.67%
8
株式会社SBI証券
270,000
1.51%
9
飯塚 芳枝
178,600
1.00%
10
BANK JULIUS BAER AND CO. LTD. SINGAPORE CLIENTS(常任代理人株式会社三菱UFJ銀行 取締役頭取執行役員 半沢 淳一)
151,600
0.85%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
2.4%
+2.4% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
40.0%
-3.8% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
龍 潤生
—
30.59%
24.43%
-6.16%
限会社飯塚フューチャーデザイン
3.71%
3.61%
3.61%
日野 豊
—
2.74%
2.75%
+0.01%
BNY Mellon
NEW ENTRY
—
—
—
2.38%
NEW
山下 博
1.80%
2.01%
2.13%
+0.12%
塚本 勲
NEW ENTRY
—
—
—
2.07%
NEW
楽天証券
—
1.13%
1.67%
+0.54%
式会社SBI証券
2.66%
0.64%
1.51%
+0.87%
飯塚 芳枝
1.01%
1.00%
1.00%
BANK JULIUS BAER AND CO. LTD. SINGAPORE CLIENTS
NEW ENTRY
—
—
—
0.85%
NEW
明治機械
last seen 2024
Exited Top 10
—
0.76%
—
BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC)
last seen 2024
Exited Top 10
2.80%
0.71%
—
会田 政行
last seen 2024
Exited Top 10
—
0.63%
—
日 野 豊
last seen 2023
Exited Top 10
2.79%
—
—
式会社神宮館
last seen 2023
Exited Top 10
1.67%
—
—
高橋 新
last seen 2023
Exited Top 10
1.51%
—
—
龍 潤 生
last seen 2023
Exited Top 10
31.41%
—
—
厳 平志郎
last seen 2023
Exited Top 10
2.35%
—
—
Concentration (HHI)
ⓘ
1038
964
639
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved