5142
Achilles Co., Ltd.
アキレス株式会社
Chemicals
Achilles Corporation engages in the manufacture and sale of shoes, plastic products, and industrial materials in Japan and internationally. It offers construction and civil engineering products, including heat insulation materials, interior materials, landscaping materials, plumbing material, and civil engineering materials; manufacturing and facilities products, such as films and sheets, rubberized fabrics, soft urethane foam, expanded polystyrene foam, and rim molding; and electrical machinery and electronics comprising anti-static products, packaging materials for wafers and electronic device, and conductive materials. The company also provides vehicle accessories, including synthetic and vinyl chloride leather, and laminated goods; and agriculture and livestock products, such as greenhouse horticulture materials and building materials for agriculture and livestock. In addition, it offers disaster prevention and lifesaving, as well as evacuation shelter support products; living and leisure products comprising household items and inflatable boats; and shoes under the MEDIFOAM, ALL DAY Walk, SYUNSOKU, Achilles SORBO, and MONTRRE brands. Achilles Corporation was incorporated in 1947 and is headquartered in Shinjuku, Japan.
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← Companies
⚠ TSE Capital Mandate
P / Book
0.42×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥79.1B
¥78.6B
¥82.9B
¥76.0B
Cost of Sales
¥64.6B
¥64.4B
¥68.1B
¥60.3B
Gross Profit
¥14.5B
¥14.2B
¥14.8B
¥15.7B
SG&A
¥14.9B
¥15.1B
¥15.6B
¥14.8B
Operating Income
¥-436M
¥-958M
¥-713M
¥855M
Non-Operating Income
¥537M
¥960M
¥723M
¥866M
Dividend Income
¥51M
¥41M
¥41M
¥45M
Interest Income
¥38M
¥23M
¥19M
¥27M
Non-Operating Expenses
¥321M
¥173M
¥127M
¥127M
Interest Expense
¥129M
¥67M
¥47M
¥32M
Ordinary Income
¥-220M
¥-171M
¥-117M
¥1.6B
Pre-tax Income
¥780M
¥-4.7B
¥-1.2B
¥2.2B
Income Taxes
¥353M
¥3.5B
¥-38M
¥704M
Current Tax
¥465M
¥408M
¥334M
¥598M
Deferred Tax
¥-112M
¥3.1B
¥-373M
¥105M
Net Income (owners)
¥427M
¥-8.2B
¥-1.2B
¥1.5B
Comprehensive Income
¥1.0B
¥-4.9B
¥-169M
¥2.2B
EBITDA
¥2.5B
¥2.5B
¥2.6B
¥4.0B
EPS
¥30.67
¥-560.30
¥-78.21
¥97.12
Shares Outstanding
13.7M
14.3M
15.1M
15.6M
Shares Issued (total)
14.6M
15.4M
15.4M
15.9M
Treasury Shares
0.9M
1.1M
0.3M
0.2M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥79.5B
¥82.7B
¥86.2B
¥80.1B
Current Assets
¥45.7B
¥47.3B
¥49.2B
¥44.4B
Cash & Deposits
¥7.7B
¥6.9B
¥6.9B
¥7.6B
Trade Receivables
¥13.6B
¥13.5B
¥14.9B
¥13.9B
Non-Current Assets
¥33.8B
¥35.4B
¥37.0B
¥35.7B
PP&E
¥20.2B
¥22.0B
¥26.2B
¥25.5B
Intangible Assets
¥274M
¥398M
¥393M
¥400M
Investment Securities
¥6.2B
¥3.2B
¥2.6B
¥2.9B
Deferred Tax Assets
¥135M
¥110M
¥1.8B
¥1.3B
Total Liabilities
¥40.2B
¥43.1B
¥40.0B
¥32.4B
Current Liabilities
¥29.2B
¥25.2B
¥27.5B
¥24.4B
Accounts Payable
¥10.3B
¥11.7B
¥14.1B
¥12.6B
ST Debt
¥10.2B
¥4.4B
¥3.6B
¥2.2B
Taxes Payable
¥441M
¥258M
¥244M
¥405M
Non-Current Liabilities
¥11.0B
¥17.9B
¥12.5B
¥8.0B
Total LT Borrowings
¥4.5B
¥10.2B
¥7.5B
¥3.0B
Pension Obligations
¥3.7B
¥4.2B
¥4.1B
¥4.1B
Deferred Tax Liab.
¥2.4B
¥3.1B
¥502M
¥448M
Total Equity
¥39.3B
¥39.5B
¥46.2B
¥47.7B
Capital Stock
¥14.6B
¥14.6B
¥14.6B
¥14.6B
Capital Surplus
¥3.7B
¥4.1B
¥4.1B
¥4.8B
Retained Earnings
¥13.6B
¥14.3B
¥23.1B
¥24.9B
Treasury Stock
¥-1.3B
¥-1.6B
¥-373M
¥-386M
AOCI
¥8.7B
¥8.1B
¥4.8B
¥3.7B
Equity (owners)
¥30.6B
¥31.4B
¥41.4B
¥44.0B
Total Interest-Bearing Debt ⓘ
¥14.7B
¥14.7B
¥11.1B
¥5.2B
Net Cash ⓘ
¥-6.9B
¥-7.8B
¥-4.2B
¥2.4B
NCAV ⓘ
¥5.6B
¥4.2B
¥9.2B
¥12.0B
NCAV/Share
¥406
¥291
¥607
¥769
BV/Share
¥2,240
¥2,197
¥2,743
¥2,811
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥2.7B
¥1.9B
¥-1.1B
¥4.7B
Interest Paid
¥-137M
¥-59M
¥-48M
¥-31M
Interest Received
¥275M
¥245M
¥311M
¥291M
D&A
¥2.9B
¥3.4B
¥3.3B
¥3.2B
Investing CF
¥-1.9B
¥-3.8B
¥-4.5B
¥-5.0B
Purchase Investments
¥-1M
¥-102M
¥-3M
¥-21M
Proceeds from Invest.
¥495M
¥68M
¥347M
¥436M
Financing CF
¥-1.2B
¥1.8B
¥4.5B
¥-860M
Dividends Paid
¥-286M
¥-604M
¥-625M
¥-785M
Share Buybacks
¥-959M
¥-1.2B
¥-726M
¥-75M
Free Cash Flow
¥2.7B
¥1.9B
¥-1.1B
¥4.7B
Net Change in Cash
¥-131M
¥-35M
¥-701M
¥-541M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
1.1%
-19.1%
-2.6%
3.2%
ROA
0.5%
-9.7%
-1.4%
1.9%
EPS
¥30.67
¥-560.30
¥-78.21
¥97.12
DPS
¥20.00
¥20.00
¥40.00
¥40.00
BPS
¥2,878.18
¥2,764.61
¥3,058.80
¥3,049.81
FCF/Share
¥197
¥131
¥-71
¥301
NCAV/Share
¥406
¥291
¥607
¥769
Payout Ratio
65.2%
—
—
41.2%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 1
Date Activist Stake Event Flag Demands Source
2025-07-23
Mizuho Bank, Ltd.
5.62%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-12
14:00
Div Increase
¥546M ¥40.0/sh
+100%
Achilles Corporation announced a dividend increase for fiscal year ending March 31, 2026, raising the per-share dividend…
Summary
Achilles Corporation announced a dividend increase for fiscal year ending March 31, 2026, raising the per-share dividend from the previously forecast 30 yen to 40 yen, representing a 33% increase from the prior year's 20 yen dividend. The company exceeded full-year earnings guidance across all metrics, driven by strong medical film sales, cost reduction initiatives, and significant foreign exchange gains (693-719 million yen). Total dividend payout of 546 million yen reflects a payout ratio of 25.8%, in line with management's medium-term policy target of 30% payout ratio and 50 yen per-share dividend.
Deadline: 2026-06-29
YoY: +100%
Source (JP)
2026年3月期の期末配当金につきましては、上記方針のもと業績を勘案し、直近の配当予想の1株当たり30円に10円増額した40円とすることといたしました。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 26
#
Shareholder
Shares (thou.)
% of Total
1
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
1,388
10.16%
2
東京アキレス協和会
846
6.20%
3
Mizuho Bank
株式会社みずほ銀行
663
4.86%
4
大阪アキレス協和会
547
4.01%
5
足利アキレス協和会
511
3.74%
6
Asahi Mutual Life Insurance
朝日生命保険相互会社
431
3.16%
7
岡 秀朋
409
2.99%
8
株式会社足利銀行
343
2.51%
9
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
325
2.38%
10
セコム損害保険株式会社
315
2.31%
Domestic Nominees
12.5%
-0.8% 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
29.8%
+2.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Japan Master Trust Bank
日本マスタートラスト信託銀行
10.95%
10.73%
10.16%
-0.57%
東京アキレス協和会
5.26%
5.76%
6.20%
+0.44%
Mizuho Bank
みずほ銀行
4.71%
4.64%
4.86%
+0.22%
大阪アキレス協和会
3.44%
3.83%
4.01%
+0.18%
足利アキレス協和会
3.58%
3.81%
3.74%
-0.07%
Asahi Mutual Life Insurance
朝日生命保険相互会社
2.86%
3.02%
3.16%
+0.14%
岡 秀朋
NEW ENTRY
—
—
—
2.99%
NEW
式会社足利銀行
2.27%
2.40%
2.51%
+0.11%
Japan Custody Bank
日本カストディ銀行
2.86%
2.57%
2.38%
-0.19%
セコム損害保険
2.09%
2.20%
2.31%
+0.11%
Sompo Japan Insurance Inc.
損害保険ジャパン
last seen 2024
Exited Top 10
—
1.64%
—
DFA INTL SMALL CAP VALUE PORTFOLIODFA
last seen 2023
Exited Top 10
1.94%
—
—
Concentration (HHI)
ⓘ
224
228
232
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥4,455M
+360% since 2023
Holdings
26
+6 new
4 exited
Trend
2 building
vs 2023
Held Company
FY2025
¥4,455M total
FY2023
¥969M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Shin-Etsu Chemical Co., Ltd.
信越化学工業㈱
1,779
NEW
New
420,000
—
M
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
841
NEW
New
418,500
—
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
683
NEW
New
180,000
—
The Gunma Bank, Ltd.
㈱群馬銀行
397
323,000
143
323,000
M
NAGAWA Co .,Ltd.
㈱ナガワ
233
NEW
New
38,900
—
M
Sangetsu Corporation
㈱サンゲツ
104
36,000
80
36,000
TEIKOKU SEN-I Co.,Ltd.
帝国繊維㈱
77
30,000
49
30,000
KANEKO SEEDS CO., LTD.
カネコ種苗㈱
70
+3.6%
↑
50,316
80
48,584
M
Takashima & Co.,Ltd.
高島㈱
67
+300.0%
↑
52,000
37
13,000
M
THE SHIGA BANK,LTD.
㈱滋賀銀行
66
12,600
33
12,600
M
OKABE CO., LTD.
岡部㈱
58
68,700
52
68,700
M
TACHI-S CO.,LTD.
㈱タチエス
55
32,500
39
32,500
HASHIMOTO SOGYO HOLDINGS CO.,LTD.
橋本総業ホールディングス㈱
14
12,100
13
12,100
M
Lilycolor Co., Ltd.
リリカラ㈱
6
11,000
5
11,000
KASAI KOGYO CO .,LTD.
河西工業㈱
3
30,000
6
30,000
TOYO TIRE㈱
1
NEW
New
500
—
OKAMOTO INDUSTRIES,INC.
オカモト㈱
1
NEW
New
200
—
M
ABC-MART,INC.
㈱エービーシー・マート
—
—
Bando Chemical Industries, Ltd.
バンドー化学㈱
—
—
KYOWA LEATHER CLOTH CO.,LTD
共和レザー㈱
—
—
Seven & i Holdings Co., Ltd.
㈱セブン&アイ・ホールディングス
—
—
LONSEAL CORPORATION
ロンシール工業㈱
—
—
AEON Co.,Ltd.
イオン㈱
—
—
WORKMAN CO.,LTD.
㈱ワークマン
—
—
izumico.,ltd
㈱イズミ
—
—
FUJI CO., LTD.
㈱フジ
—
—
CHIYODA CO.,LTD
㈱チヨダ
—
−100%
Exit
—
241
296,500
HANWA CO.,LTD.
阪和興業㈱
—
−100%
Exit
—
78
20,000
M
Mitsui Chemicals, Inc.
三井化学㈱
—
−100%
Exit
—
63
18,600
M
凸版印刷㈱
—
−100%
Exit
—
50
18,919
Portfolio total
4,455
969
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding