AI CROSS Inc. engages in the business communication platform business in Japan. It is involved in the development and operation of messaging services; and planning, development, and operation of AI Analytics services. The company also offers Zettai-Reach RCS for customer interactions with content delivery, including images, videos, file sharing, and message open tracking; Zettai-Reach SMS, which connects businesses and clients; and RepiCome for dormant users. In addition, it provides DEEP PREDICTOR, a SaaS-based system; Deep Messaging, a recommendation AI engine; and AIX Lab, an AI analytic service, which creates new engagement. AI CROSS Inc. was incorporated in 2015 and is based in Minato, Japan.
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Financials
Ownership
Material Events
Income Statement
Balance Sheet
Cash Flow
Ratios & Growth
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Net Sales
ยฅ4.2B
ยฅ3.7B
ยฅ3.3B
ยฅ3.3B
ยฅ2.4B
Cost of Sales
ยฅ2.6B
ยฅ2.4B
ยฅ2.2B
ยฅ2.3B
ยฅ1.5B
Gross Profit
ยฅ1.5B
ยฅ1.3B
ยฅ1.1B
ยฅ989M
ยฅ877M
SG&A
ยฅ1.2B
ยฅ997M
ยฅ760M
ยฅ766M
ยฅ617M
Operating Income
ยฅ371M
ยฅ335M
ยฅ292M
ยฅ223M
ยฅ260M
Non-Operating Income
ยฅ2M
ยฅ2M
ยฅ7M
ยฅ1M
ยฅ0M
Interest Income
ยฅ2M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
Non-Operating Expenses
ยฅ7M
ยฅ10M
ยฅ9M
ยฅ6M
ยฅ6M
Interest Expense
ยฅ1M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
Ordinary Income
ยฅ366M
ยฅ326M
ยฅ291M
ยฅ219M
ยฅ254M
Pre-tax Income
ยฅ353M
ยฅ303M
ยฅ247M
ยฅ169M
ยฅ512M
Income Taxes
ยฅ188M
ยฅ154M
ยฅ90M
ยฅ73M
ยฅ170M
Current Tax
ยฅ155M
ยฅ190M
ยฅ110M
ยฅ51M
ยฅ178M
Deferred Tax
ยฅ33M
ยฅ-47M
ยฅ-20M
ยฅ22M
ยฅ-8M
Net Income (owners)
ยฅ165M
ยฅ148M
ยฅ157M
ยฅ95M
ยฅ341M
Comprehensive Income
ยฅ164M
ยฅ150M
ยฅ156M
ยฅ95M
ยฅ341M
EBITDA
ยฅ414M
ยฅ365M
ยฅ325M
ยฅ243M
ยฅ289M
Goodwill Amort. (J-GAAP)
ยฅ11M
ยฅ1M
ยฅ1M
โ
โ
EPS
ยฅ43.95
ยฅ39.48
ยฅ39.54
ยฅ24.08
ยฅ86.37
Shares Outstanding
3.8M
3.8M
3.9M
4.0M
4.0M
Shares Issued (total)
4.1M
4.0M
4.0M
4.0M
4.0M
Treasury Shares
0.3M
0.3M
0.2M
0.0M
0.0M
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Total Assets
ยฅ3.1B
ยฅ2.4B
ยฅ2.1B
ยฅ2.0B
ยฅ2.0B
Current Assets
ยฅ2.6B
ยฅ2.1B
ยฅ1.9B
ยฅ1.8B
ยฅ1.7B
Cash & Deposits
ยฅ1.8B
ยฅ1.6B
ยฅ1.3B
ยฅ1.2B
ยฅ1.3B
Trade Receivables
โ
โ
โ
ยฅ405M
ยฅ332M
Non-Current Assets
ยฅ518M
ยฅ259M
ยฅ249M
ยฅ269M
ยฅ267M
PP&E
ยฅ5M
ยฅ0M
ยฅ1M
ยฅ18M
ยฅ20M
Goodwill
ยฅ270M
ยฅ4M
ยฅ6M
โ
โ
Intangible Assets
ยฅ400M
ยฅ103M
ยฅ111M
ยฅ105M
ยฅ61M
Investment Securities
ยฅ56M
ยฅ74M
ยฅ101M
ยฅ111M
ยฅ128M
Deferred Tax Assets
ยฅ43M
ยฅ72M
ยฅ26M
ยฅ3M
ยฅ25M
Total Liabilities
ยฅ1.1B
ยฅ681M
ยฅ445M
ยฅ403M
ยฅ440M
Current Liabilities
ยฅ793M
ยฅ681M
ยฅ442M
ยฅ394M
ยฅ421M
ST Debt
ยฅ92M
ยฅ3M
ยฅ6M
ยฅ9M
ยฅ18M
Taxes Payable
ยฅ75M
ยฅ135M
ยฅ84M
โ
ยฅ145M
Non-Current Liabilities
ยฅ345M
โ
ยฅ3M
ยฅ9M
ยฅ18M
Total LT Borrowings
ยฅ345M
โ
ยฅ3M
ยฅ9M
ยฅ18M
Total Equity
ยฅ1.9B
ยฅ1.7B
ยฅ1.7B
ยฅ1.6B
ยฅ1.5B
Capital Stock
ยฅ40M
ยฅ25M
ยฅ25M
ยฅ14M
ยฅ13M
Capital Surplus
ยฅ941M
ยฅ925M
ยฅ925M
ยฅ915M
ยฅ914M
Retained Earnings
ยฅ1.2B
ยฅ1.0B
ยฅ862M
ยฅ705M
ยฅ610M
Treasury Stock
ยฅ-301M
ยฅ-301M
ยฅ-145M
ยฅ-1M
ยฅ-1M
AOCI
ยฅ0M
ยฅ1M
ยฅ-0M
โ
โ
Equity (owners)
ยฅ1.9B
ยฅ1.7B
ยฅ1.7B
ยฅ1.6B
ยฅ1.5B
Total Interest-Bearing Debt โ
ยฅ437M
ยฅ3M
ยฅ9M
ยฅ18M
ยฅ37M
Net Cash โ
ยฅ1.4B
ยฅ1.6B
ยฅ1.2B
ยฅ1.2B
ยฅ1.3B
NCAV โ
ยฅ1.4B
ยฅ1.5B
ยฅ1.4B
ยฅ1.4B
ยฅ1.3B
NCAV/Share
ยฅ376
ยฅ386
ยฅ369
ยฅ345
ยฅ321
BV/Share
ยฅ488
ยฅ442
ยฅ429
ยฅ413
ยฅ388
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Operating CF
ยฅ151M
ยฅ343M
ยฅ361M
ยฅ-4M
ยฅ187M
Taxes Paid
ยฅ-244M
ยฅ-139M
ยฅ12M
โ
โ
Interest Paid
ยฅ-2M
ยฅ-0M
ยฅ-0M
ยฅ-0M
ยฅ-0M
D&A
ยฅ32M
ยฅ29M
ยฅ32M
ยฅ20M
ยฅ29M
Goodwill Amort.
ยฅ11M
ยฅ1M
ยฅ1M
โ
โ
Investing CF
ยฅ-319M
ยฅ-24M
ยฅ-29M
ยฅ-94M
ยฅ96M
CapEx
ยฅ4M
ยฅ0M
ยฅ0M
ยฅ1M
ยฅ1M
Purchase Investments
โ
โ
ยฅ-20M
ยฅ-35M
โ
Financing CF
ยฅ421M
ยฅ-10M
ยฅ-289M
ยฅ-16M
ยฅ-12M
Share Buybacks
โ
ยฅ-157M
ยฅ-145M
ยฅ-0M
ยฅ-0M
LT Debt Repaid
ยฅ-70M
ยฅ-3M
ยฅ-6M
ยฅ-18M
ยฅ-18M
Free Cash Flow
ยฅ147M
ยฅ343M
ยฅ361M
ยฅ-6M
ยฅ186M
Net Change in Cash
ยฅ252M
ยฅ309M
ยฅ42M
ยฅ-114M
ยฅ271M
Metric
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
Return on Equity (ROE) โ
9.0%
8.8%
9.5%
6.0%
22.2%
Return on Assets (ROA) โ
6.0%
6.6%
7.5%
4.8%
17.3%
Gross Margin โ
37.2%
35.9%
32.3%
29.9%
36.2%
Operating Margin โ
8.9%
9.0%
9.0%
6.8%
10.7%
Net Margin โ
4.0%
4.0%
4.8%
2.9%
14.1%
Current Ratio โ
3.24x
3.13x
4.24x
4.48x
4.06x
Quick Ratio โ
3.24x
3.13x
4.24x
4.48x
4.06x
Revenue / Share โ
ยฅ1,092
ยฅ987
ยฅ839
ยฅ835
ยฅ612
BV/Share โ
ยฅ488
ยฅ442
ยฅ429
ยฅ413
ยฅ388
NCAV/Share โ
ยฅ376
ยฅ386
ยฅ369
ยฅ345
ยฅ321
EPS โ
ยฅ43.95
ยฅ39.48
ยฅ39.54
ยฅ24.08
ยฅ86.37
DPS โ
ยฅ0.00
ยฅ0.00
ยฅ0.00
ยฅ0.00
ยฅ0.00
Payout Ratio โ
0.0%
0.0%
0.0%
0.0%
0.0%
FCF/Share โ
ยฅ38.70
ยฅ91.31
ยฅ92.95
ยฅ-1.40
ยฅ46.96
Market Valuation
Avg daily close price for calendar year ร most recently reported EPS / DPS
Metric
CY2023
CY2024
CY2025
Avg P/E โ
33.2ร
EPS from 2023-12
34.0ร
EPS from 2024-12
39.4ร
EPS from 2025-12
Avg Div Yield โ
0.00%
DPS from 2023-12
0.00%
DPS from 2024-12
0.00%
DPS from 2025-12
Avg Daily Close
ยฅ1,313
ยฅ1,341
ยฅ1,730
Growth Rates (CAGR)
Metric
3yr CAGR (FY2022โ2025)
5yr CAGR
Stock Price
-18.1%
-14.3%
Sales
+7.9%
โ
FCF/Share
โ
โ
EPS
+22.2%
โ
DPS
โ
โ
BV/Share
+5.8%
โ
NCAV/Share
+2.9%
โ
No capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Large Shareholder Reports 5
#
Shareholder
Shares (thou.)
% of Total
1
ๆ ชๅผไผ็คพIBIใตใผใ
580
2
Custody Bank of Japan, Ltd. (Trust Account)
ๆ ชๅผไผ็คพๆฅๆฌใซในใใใฃ้่ก๏ผไฟก่จๅฃ๏ผ
248
3
ๅฒก้จ ๅ
ธๅญ
171
4
็ณๅณถ ๅ็ตต
89
5
ๆ ชๅผไผ็คพCARTA VENTURES
81
6
้ดๆจ ใใชใ
76
7
PAYMENT VENTURES LLC (ๅธธไปปไปฃ็ไบบ ๅตใปไฝ่คๆณๅพไบๅๆ ๅผ่ญทๅฃซ ไฝ่ค ๆ็ด)
35
8
ๆคๆ ๅๅฝฆ
33
9
็ฐไธญ ๆญฃๅ
32
10
ไธญๅ ๆฉ็ดๅญ
30
Domestic Nominees
6.5%
-0.4% vs 2024
Trust bank custodians โ GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
29.7%
-0.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2021
2022
2023
2024
2025
ๅผไผ็คพIBIใตใผใ
14.66%
14.64%
14.94%
15.44%
15.26%
-0.18%
Custody Bank of Japan, Ltd. (Trust Account)
ๆฅๆฌใซในใใใฃ้่ก
5.55%
6.30%
6.61%
6.93%
6.53%
-0.40%
ๅฒก้จ ๅ
ธๅญ
3.72%
3.71%
4.17%
4.32%
4.50%
+0.18%
็ณๅณถ ๅ็ตต
NEW ENTRY
โ
โ
โ
โ
โ
2.34%
NEW
ๅผไผ็คพCARTA VENTURES
โ
2.04%
2.08%
2.16%
2.13%
-0.03%
้ดๆจ ใใชใ
โ
โ
1.75%
1.81%
2.02%
+0.21%
PAYMENT VENTURES LLC
โ
โ
โ
0.93%
0.92%
-0.01%
ๆคๆ ๅๅฝฆ
โ
โ
โ
0.90%
0.89%
-0.01%
็ฐไธญ ๆญฃๅ
โ
โ
โ
0.86%
0.85%
-0.01%
ไธญๅ ๆฉ็ดๅญ
NEW ENTRY
โ
โ
โ
โ
โ
0.79%
NEW
ๅผไผ็คพใขใฆใใฝใผใทใณใฐใใฏใใญใธใผ
last seen 2024
Exited Top 10
2.56%
2.56%
2.61%
2.17%
โ
ไธ่ฑUFJใญใฃใใฟใซ6ๅทๆ่ณไบๆฅญๆ้่ฒฌไปป็ตๅ
last seen 2024
Exited Top 10
2.27%
2.27%
1.82%
1.61%
โ
ๅผไผ็คพAIB
last seen 2023
Exited Top 10
3.14%
3.13%
3.20%
โ
โ
ๆฑไบฌ้ปๅใใญใณใใฃใขใใผใใใผใบๅๅไผ็คพ
last seen 2022
Exited Top 10
1.91%
1.91%
โ
โ
โ
ๅผไผ็คพVOYAGEVENTURES
last seen 2021
Exited Top 10
2.04%
โ
โ
โ
โ
Rakuten Securities, Inc.
ๆฅฝๅคฉ่จผๅธ
last seen 2022
Exited Top 10
3.96%
2.85%
โ
โ
โ
ๅผไผ็คพใใกใใชใซใณใใฅใใฑใผใท ใงใณใบ
last seen 2023
Exited Top 10
โ
โ
4.52%
โ
โ
SBI Securities Co., Ltd.
SBI่จผๅธ
last seen 2023
Exited Top 10
4.65%
6.07%
1.49%
โ
โ
Concentration (HHI)
โ
326
342
335
323
313
5 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
2026-03-23
Assetย Managementย Oneย Co.,ย Ltd.
4.97%
-1.36%
change
Passive
โ
2025-10-21
IBI Search Inc.
14.36%
change
Passive
โ
2023-10-20
Assetย Managementย Oneย Co.,ย Ltd.
6.33%
+1.11%
change
Passive
โ
2023-07-03
Noriko Okabe
5.09%
change
Passive
โ
2023-06-07
Assetย Managementย Oneย Co.,ย Ltd.
5.22%
initial_5pct
Passive
โ
Date
Category
Summary
Amount
2026-02-13
๐ค Management Change
Board
The company announced a change in its external auditor effective March 26, 2026, at the conclusion of the 11th annual shareholder meeting. Tลyล Audit Corporation will be replaced by Taiyo Limited Liability Audit Corporation as the company's accounting auditor, following a comprehensive evaluation of audit responsiveness and cost efficiency relative to the company's business scale.
โ
โบ
Summary
The company announced a change in its external auditor effective March 26, 2026, at the conclusion of the 11th annual shareholder meeting. Tลyล Audit Corporation will be replaced by Taiyo Limited Liability Audit Corporation as the company's accounting auditor, following a comprehensive evaluation of audit responsiveness and cost efficiency relative to the company's business scale.
Counterparty: Taiyo Limited Liability Audit Corporation (newly appointed); Tลyล Audit Corporation (retiring)
ๅฝ็คพใฎไผ่จ็ฃๆปไบบใงใใใพใๆฑ้ฝ็ฃๆปๆณไบบใฏใ2026ๅนด๏ผๆ26ๆฅ้ๅฌไบๅฎใฎ็ฌฌ11ๆๅฎๆๆ ชไธป็ทไผ็ต็ตใฎๆใใใฃใฆไปปๆๆบไบใจใชใใพใใๆฐใใซไผ่จ็ฃๆปไบบใจใใฆๅคช้ฝๆ้่ฒฌไปป็ฃๆปๆณไบบใ้ธไปปใใใใฎใงใใใพใใ
โ