Rakus Co., Ltd., together with its subsidiaries, provides cloud services in Japan. It operates through Cloud Business and IT Human Resource Business segments. The Cloud Business segment offers RakuRaku Settlement, RakuRaku Statement, RakuRaku Sales, and Delivery Mail services. The IT Human Resource Business segment provides IT engineering dispatch, server construction, network construction, and support and maintenance services. The company was incorporated in 2000 and is headquartered in Shibuya, Japan.
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Financials
Ownership
Material Events
Income Statement
Balance Sheet
Cash Flow
Ratios & Growth
Metric
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Net Sales
ยฅ48.9B
ยฅ38.4B
ยฅ27.4B
ยฅ20.6B
ยฅ15.4B
Cost of Sales
ยฅ12.6B
ยฅ10.8B
ยฅ8.6B
ยฅ6.6B
ยฅ5.0B
Gross Profit
ยฅ36.3B
ยฅ27.6B
ยฅ18.8B
ยฅ14.0B
ยฅ10.4B
SG&A
ยฅ26.1B
ยฅ22.1B
ยฅ17.1B
ยฅ12.5B
ยฅ6.5B
Operating Income
ยฅ10.2B
ยฅ5.6B
ยฅ1.7B
ยฅ1.6B
ยฅ3.9B
Non-Operating Income
ยฅ28M
ยฅ53M
ยฅ37M
ยฅ17M
ยฅ15M
Interest Income
ยฅ6M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
Non-Operating Expenses
ยฅ2M
ยฅ2M
ยฅ16M
ยฅ0M
ยฅ32M
Interest Expense
ยฅ2M
ยฅ2M
ยฅ0M
ยฅ0M
ยฅ0M
Ordinary Income
ยฅ10.2B
ยฅ5.6B
ยฅ1.7B
ยฅ1.6B
ยฅ3.9B
Pre-tax Income
ยฅ10.2B
ยฅ5.6B
ยฅ1.8B
ยฅ1.5B
ยฅ4.1B
Income Taxes
ยฅ2.2B
ยฅ1.4B
ยฅ565M
ยฅ465M
ยฅ1.2B
Current Tax
ยฅ3.3B
ยฅ1.8B
ยฅ808M
ยฅ621M
ยฅ1.3B
Deferred Tax
ยฅ-1.1B
ยฅ-344M
ยฅ-242M
ยฅ-156M
ยฅ-177M
Net Income (owners)
ยฅ8.0B
ยฅ4.2B
ยฅ1.3B
ยฅ1.1B
ยฅ2.9B
Comprehensive Income
ยฅ9.1B
ยฅ4.2B
ยฅ1.3B
ยฅ1.1B
ยฅ2.9B
EBITDA
ยฅ11.3B
ยฅ6.4B
ยฅ2.2B
ยฅ2.1B
ยฅ4.4B
Goodwill Amort. (J-GAAP)
ยฅ333M
ยฅ290M
ยฅ163M
ยฅ163M
ยฅ164M
EPS
ยฅ22.09
ยฅ11.55
ยฅ3.52
ยฅ2.98
ยฅ8.10
Shares Outstanding
362.3M
362.4M
362.4M
362.4M
362.4M
Shares Issued (total)
362.4M
362.4M
362.4M
362.4M
362.4M
Treasury Shares
0.1M
0.0M
0.0M
0.0M
0.0M
Metric
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Total Assets
ยฅ31.7B
ยฅ21.2B
ยฅ14.1B
ยฅ11.7B
ยฅ11.5B
Current Assets
ยฅ19.3B
ยฅ13.1B
ยฅ10.5B
ยฅ8.4B
ยฅ8.6B
Cash & Deposits
ยฅ11.4B
ยฅ7.0B
ยฅ6.0B
ยฅ4.9B
ยฅ6.0B
Trade Receivables
ยฅ7.2B
ยฅ5.7B
ยฅ4.1B
ยฅ3.1B
ยฅ2.3B
Inventories
โ
โ
โ
โ
ยฅ1M
Non-Current Assets
ยฅ12.4B
ยฅ8.1B
ยฅ3.6B
ยฅ3.3B
ยฅ2.9B
PP&E
ยฅ2.1B
ยฅ1.5B
ยฅ1.1B
ยฅ886M
ยฅ731M
Goodwill
ยฅ1.4B
ยฅ1.7B
ยฅ464M
ยฅ627M
ยฅ792M
Intangible Assets
ยฅ3.4B
ยฅ3.8B
ยฅ494M
ยฅ723M
ยฅ965M
Investment Securities
ยฅ3.9B
ยฅ429M
โ
ยฅ0M
ยฅ1M
Deferred Tax Assets
ยฅ1.7B
ยฅ1.2B
ยฅ930M
ยฅ685M
ยฅ543M
Total Liabilities
ยฅ9.7B
ยฅ7.9B
ยฅ4.5B
ยฅ3.1B
ยฅ3.6B
Current Liabilities
ยฅ9.5B
ยฅ7.4B
ยฅ4.3B
ยฅ3.0B
ยฅ3.6B
ST Debt
ยฅ216M
ยฅ754M
ยฅ4M
ยฅ4M
ยฅ0M
Taxes Payable
ยฅ2.7B
ยฅ1.2B
ยฅ548M
ยฅ116M
ยฅ1.2B
Non-Current Liabilities
ยฅ213M
ยฅ513M
ยฅ178M
ยฅ106M
ยฅ23M
Total LT Borrowings
โ
ยฅ216M
ยฅ32M
ยฅ36M
ยฅ0M
Deferred Tax Liab.
โ
ยฅ128M
โ
โ
ยฅ14M
Total Equity
ยฅ22.0B
ยฅ13.3B
ยฅ9.5B
ยฅ8.6B
ยฅ7.8B
Capital Stock
ยฅ378M
ยฅ378M
ยฅ378M
ยฅ378M
ยฅ378M
Capital Surplus
ยฅ314M
ยฅ308M
ยฅ308M
ยฅ308M
ยฅ308M
Retained Earnings
ยฅ20.3B
ยฅ12.7B
ยฅ8.8B
ยฅ7.9B
ยฅ7.2B
Treasury Stock
ยฅ-2M
ยฅ-1M
ยฅ0M
ยฅ0M
ยฅ-1M
AOCI
ยฅ1.0B
ยฅ-18M
ยฅ13M
ยฅ13M
ยฅ-1M
Equity (owners)
ยฅ20.9B
ยฅ13.4B
ยฅ9.5B
ยฅ8.6B
ยฅ7.8B
Total Interest-Bearing Debt โ
ยฅ216M
ยฅ970M
ยฅ36M
ยฅ40M
ยฅ0M
Net Cash โ
ยฅ11.2B
ยฅ6.0B
ยฅ6.0B
ยฅ4.8B
ยฅ6.0B
NCAV โ
ยฅ9.6B
ยฅ5.3B
ยฅ6.0B
ยฅ5.3B
ยฅ5.0B
NCAV/Share
ยฅ27
ยฅ15
ยฅ16
ยฅ15
ยฅ14
BV/Share
ยฅ58
ยฅ37
ยฅ26
ยฅ24
ยฅ22
Metric
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Operating CF
ยฅ9.0B
ยฅ5.3B
ยฅ2.2B
ยฅ-11M
ยฅ4.3B
Interest Paid
ยฅ-2M
ยฅ-2M
ยฅ0M
ยฅ0M
ยฅ-0M
Interest Received
ยฅ6M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
D&A
ยฅ797M
ยฅ577M
ยฅ422M
ยฅ399M
ยฅ301M
Goodwill Amort.
ยฅ333M
ยฅ290M
ยฅ163M
ยฅ163M
ยฅ164M
Investing CF
ยฅ-3.5B
ยฅ-4.9B
ยฅ-699M
ยฅ-877M
ยฅ-433M
CapEx
ยฅ1.3B
ยฅ814M
ยฅ625M
ยฅ413M
ยฅ321M
Purchase Investments
ยฅ-1.9B
ยฅ-499M
โ
โ
โ
Proceeds from Invest.
โ
โ
ยฅ11M
โ
ยฅ250M
Financing CF
ยฅ-1.2B
ยฅ579M
ยฅ-348M
ยฅ-295M
ยฅ-304M
Dividends Paid
ยฅ-425M
ยฅ-353M
ยฅ-344M
ยฅ-317M
ยฅ-290M
Share Buybacks
ยฅ-1M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ-0M
LT Debt Repaid
ยฅ-754M
ยฅ-566M
ยฅ-4M
ยฅ0M
โ
Free Cash Flow
ยฅ7.7B
ยฅ4.5B
ยฅ1.5B
ยฅ-424M
ยฅ4.0B
Net Change in Cash
ยฅ4.4B
ยฅ1.0B
ยฅ1.1B
ยฅ-1.2B
ยฅ3.5B
Metric
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Return on Equity (ROE) โ
45.3%
36.6%
14.0%
13.1%
37.4%
Return on Assets (ROA) โ
30.3%
23.7%
9.9%
9.3%
25.6%
Gross Margin โ
74.2%
71.9%
68.5%
68.0%
67.3%
Operating Margin โ
20.8%
14.5%
6.0%
7.6%
25.3%
Net Margin โ
16.4%
10.9%
4.6%
5.2%
19.1%
Current Ratio โ
2.04x
1.78x
2.41x
2.83x
2.38x
Quick Ratio โ
2.04x
1.78x
2.41x
2.83x
2.38x
Revenue / Share โ
ยฅ135
ยฅ106
ยฅ76
ยฅ57
ยฅ42
BV/Share โ
ยฅ58
ยฅ37
ยฅ26
ยฅ24
ยฅ22
NCAV/Share โ
ยฅ27
ยฅ15
ยฅ16
ยฅ15
ยฅ14
EPS โ
ยฅ22.09
ยฅ11.55
ยฅ3.52
ยฅ2.98
ยฅ8.10
DPS โ
ยฅ2.25
ยฅ1.18
ยฅ0.97
ยฅ0.95
ยฅ0.88
Payout Ratio โ
10.2%
10.2%
27.7%
31.9%
10.8%
FCF/Share โ
ยฅ21.36
ยฅ12.34
ยฅ4.26
ยฅ-1.17
ยฅ10.90
Market Valuation
Avg daily close price for calendar year ร most recently reported EPS / DPS
Metric
CY2023
CY2024
CY2025
Avg P/E โ
301.1ร
EPS from 2023-03
88.3ร
EPS from 2024-03
50.4ร
EPS from 2025-03
Avg Div Yield โ
0.09%
DPS from 2023-03
0.12%
DPS from 2024-03
0.20%
DPS from 2025-03
Avg Daily Close
ยฅ1,058
ยฅ1,020
ยฅ1,113
Growth Rates (CAGR)
Metric
3yr CAGR (FY2021โ2024)
5yr CAGR
Stock Price
-9.8%
-4.5%
Sales
+33.3%
โ
FCF/Share
โ
โ
EPS
+95.1%
โ
DPS
+33.3%
โ
BV/Share
+34.5%
โ
NCAV/Share
+21.7%
โ
No capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Large Shareholder Reports 16
#
Shareholder
Shares (thou.)
% of Total
1
ไธญๆๅดๅ
61,021,800
2
Japan Master Trust Bank
ๆฅๆฌใในใฟใผใใฉในใไฟก่จ้่กๆ ชๅผไผ็คพ๏ผไฟก่จๅฃ๏ผ
13,855,300
3
ไบไธ่ฑ่ผ
8,903,000
4
ๆฌๆพๆ
ไธ้
8,814,300
5
ๆพๅถ็ฅฅๆ
7,995,100
6
ๆต
้ๅฒๅฝฆ
7,000,000
7
Japan Custody Bank
ๆ ชๅผไผ็คพๆฅๆฌใซในใใใฃ้่ก๏ผไฟก่จๅฃ๏ผ
5,575,600
8
ๅ
ฌๆ็ไน
2,230,200
9
ใฉใฏในๅพๆฅญๅกๆๆ ชไผ
2,075,700
10
ๅฐๅทๅ
ธๅฃ
2,020,000
Domestic Nominees
10.7%
-0.6% vs 2024
Trust bank custodians โ GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-1.2% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
55.2%
-0.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2022
2023
2024
2025
ไธญๆๅดๅ
34.35%
34.33%
33.90%
33.68%
-0.22%
Japan Master Trust Bank
ๆฅๆฌใในใฟใผใใฉในใไฟก่จ้่ก
5.80%
7.08%
8.20%
7.65%
-0.55%
ไบไธ่ฑ่ผ
4.41%
4.99%
4.82%
4.91%
+0.09%
ๆฌๆพๆ
ไธ้
4.86%
4.86%
4.86%
4.87%
+0.01%
ๆพๅถ็ฅฅๆ
5.15%
5.15%
5.15%
4.41%
-0.74%
ๆต
้ๅฒๅฝฆ
4.41%
4.41%
4.19%
3.86%
-0.33%
Japan Custody Bank
ๆฅๆฌใซในใใใฃ้่ก
โ
2.69%
3.13%
3.08%
-0.05%
ๅ
ฌๆ็ไน
โ
โ
1.23%
1.23%
ใฉใฏในๅพๆฅญๅกๆๆ ชไผ
NEW ENTRY
1.44%
1.35%
โ
1.15%
NEW
ๅฐๅทๅ
ธๅฃ
2.21%
1.64%
1.20%
1.11%
-0.09%
SSBTC CLIENT OMNIBUS ACCOUNT
State Street
last seen 2024
Exited Top 10
โ
โ
1.19%
โ
้ๅณถไฟๅฎ
last seen 2022
Exited Top 10
1.46%
โ
โ
โ
MSCO CUSTOMER SECURITIES
last seen 2022
Exited Top 10
1.65%
โ
โ
โ
ML PRO SEGREGATION ACCOUNT
last seen 2023
Exited Top 10
โ
1.37%
โ
โ
Concentration (HHI)
โ
1314
1337
1322
1289
4 fiscal years ยท top-10 holders per year ยท >2,500 HHI = high concentration ยท entity-resolved
โ CSV
Date Shareholder Stake Event Flag Demands Source
2026-06-05
Ichigo Asset Management International, Pte. Ltd.
8.2%
increase
โ Activist
โ
2025-09-10
Yoshifumi Matsushima
4.15%
change
Passive
โ
2024-11-22
Mizuhoย Securitiesย Co.,ย Ltd.
4.19%
-1.08%
change
Passive
โ
2024-11-08
Mizuhoย Securitiesย Co.,ย Ltd.
5.27%
+1.34%
initial_5pct
Passive
โ
2024-06-14
Nakamura Takanori
33.89%
change
Passive
โ
2024-04-05
Mizuhoย Securitiesย Co.,ย Ltd.
3.93%
-1.19%
change
Passive
โ
2024-01-22
Mizuhoย Securitiesย Co.,ย Ltd.
5.12%
-0.29%
change
Passive
โ
2024-01-11
Mizuhoย Securitiesย Co.,ย Ltd.
5.41%
+0.35%
change
Passive
โ
2023-12-22
Mizuhoย Securitiesย Co.,ย Ltd.
5.06%
-0.56%
change
Passive
โ
2023-11-22
Mizuhoย Securitiesย Co.,ย Ltd.
5.62%
-0.12%
change
Passive
โ
2023-11-08
Mizuhoย Securitiesย Co.,ย Ltd.
5.74%
-0.99%
change
Passive
โ
2023-10-20
Mizuhoย Securitiesย Co.,ย Ltd.
6.73%
-0.09%
change
Passive
โ
2023-10-06
Mizuhoย Securitiesย Co.,ย Ltd.
6.82%
+0.82%
change
Passive
โ
2023-07-24
Mizuhoย Securitiesย Co.,ย Ltd.
6.0%
-0.03%
change
Passive
โ
2023-07-07
Mizuhoย Securitiesย Co.,ย Ltd.
6.03%
-0.08%
change
Passive
โ
2023-06-22
Mizuhoย Securitiesย Co.,ย Ltd.
6.11%
change
Passive
โ
Date
Category
Summary
Amount
2026-02-13
๐ค M&A
Divestiture
The company has decided to divest all shares of its consolidated subsidiary Raks Partners Co., Ltd. to BREXA Technology Co., Ltd. As a result of this share transfer, Raks Partners will be deconsolidated from the company's financial statements. The company expects to record a gain on sale of affiliated company shares of approximately 16.5 billion yen (consolidated) in the first quarter of fiscal year ending March 2027.
ยฅ16.5bn
โบ
Summary
The company has decided to divest all shares of its consolidated subsidiary Raks Partners Co., Ltd. to BREXA Technology Co., Ltd. As a result of this share transfer, Raks Partners will be deconsolidated from the company's financial statements. The company expects to record a gain on sale of affiliated company shares of approximately 16.5 billion yen (consolidated) in the first quarter of fiscal year ending March 2027.
Counterparty: ๆ ชๅผไผ็คพBREXA Technology
ๅฝ็คพใฏใๅฝ็คพใฎ้ฃ็ตๅญไผ็คพใงใใๆ ชๅผไผ็คพใฉใฏในใใผใใใผใบใฎๅ
จไฟๆๆ ชๅผใใๆ ชๅผไผ็คพBREXA Technologyใซ่ญฒๆธกใใใใจใๆฑบ่ญฐใใๆ ชๅผ่ญฒๆธกๅฅ็ดใ็ท ็ตใใใใพใใใ
โ