5597
Blue innovation Co., Ltd.
ブルーイノベーション株式会社
Information & Communication
Blue Innovation Co., Ltd. provides inspection, disaster prevention, education, and logistics solutions in Japan and internationally. It offers Blue Earth Platform, a software platform that controls and manages drones and robots for various solutions. The company also provides inspection solutions, including drone power line inspection, inspection and surveying, underwater inspection, sewer inspection, and inspection starter pack, as well as inspection outsourcing plan and robot-based automated patrol inspection; and port solutions, such as drone disaster prevention, automated patrol, and port information management system, as well as portable and fixed drone ports. In addition, it offers education and pilot support solutions comprising plant inspection specialist training course, drone flight log creation and information management service, dedicated drone flight support map service, and compensation; and robot cleaning solutions for offices. The company was incorporated in 1999 and is headquartered in Bunkyo, 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 ↗
Net Sales
¥1.1B
¥1.2B
¥1.3B
Cost of Sales
¥641M
¥713M
¥698M
Gross Profit
¥410M
¥511M
¥566M
SG&A
¥959M
¥909M
¥856M
Operating Income
¥-548M
¥-398M
¥-290M
Non-Operating Income
¥7M
¥11M
¥10M
Interest Income
¥1M
¥0M
¥0M
Non-Operating Expenses
¥20M
¥4M
¥16M
Interest Expense
¥3M
¥4M
¥2M
Ordinary Income
¥-561M
¥-392M
¥-296M
Pre-tax Income
¥-633M
¥-392M
¥-297M
Income Taxes
¥3M
¥3M
¥3M
Current Tax
¥3M
¥3M
¥3M
Net Income (owners)
¥-635M
¥-395M
¥-299M
EBITDA
¥-502M
¥-350M
¥-244M
EPS
¥-160.55
¥-100.21
¥-90.35
Shares Outstanding
4.0M
3.9M
3.9M
Shares Issued (total)
4.0M
3.9M
3.9M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
Total Assets
¥1.4B
¥1.3B
¥1.8B
Current Assets
¥1.4B
¥1.2B
¥1.7B
Cash & Deposits
¥988M
¥669M
¥1.2B
Trade Receivables
¥142M
¥305M
¥295M
Non-Current Assets
¥14M
¥107M
¥107M
PP&E
—
¥82M
¥83M
Intangible Assets
—
¥7M
¥16M
Total Liabilities
¥1.2B
¥709M
¥757M
Current Liabilities
¥264M
¥251M
¥282M
ST Debt
¥26M
¥18M
¥18M
Taxes Payable
¥9M
¥8M
¥12M
Non-Current Liabilities
¥933M
¥459M
¥475M
Total LT Borrowings
¥931M
¥456M
¥473M
Total Equity
¥205M
¥633M
¥1.0B
Capital Stock
¥797M
¥696M
¥696M
Capital Surplus
¥733M
¥632M
¥632M
Retained Earnings
¥-1.3B
¥-694M
¥-299M
Equity (owners)
¥201M
¥633M
¥1.0B
Total Interest-Bearing Debt ⓘ
¥956M
¥474M
¥492M
Net Cash ⓘ
¥32M
¥194M
¥730M
NCAV ⓘ
¥191M
¥526M
¥921M
NCAV/Share
¥48
¥134
¥234
BV/Share
¥50
¥161
¥261
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
Operating CF
¥-328M
¥-494M
¥-320M
Taxes Paid
¥-3M
¥-3M
¥-3M
Interest Paid
¥-3M
¥-3M
¥-2M
Interest Received
¥1M
¥0M
¥0M
D&A
¥47M
¥48M
¥45M
Investing CF
¥-28M
¥-37M
¥-31M
CapEx
¥28M
¥37M
¥31M
Financing CF
¥675M
¥-22M
¥1.0B
LT Debt Repaid
¥-18M
¥-18M
¥-8M
Free Cash Flow
¥-356M
¥-532M
¥-351M
Net Change in Cash
¥320M
¥-554M
¥695M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
ROE
-151.6%
-47.5%
-29.1%
ROA
-46.3%
-25.2%
-16.8%
EPS
¥-160.55
¥-100.21
¥-90.35
BPS
¥50.02
¥160.79
¥260.99
FCF/Share
¥-88
¥-135
¥-89
NCAV/Share
¥48
¥134
¥234
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 17
Date Activist Stake Event Flag Demands Source
2025-11-07
Simplex Asset Management Co., Ltd.
9.42%
initial_5pct
Passive
—
2025-10-30
Simplex Capital Investment
9.3%
initial_5pct
Passive
—
2024-05-14
Nippon Venture Capital Co., Ltd.
3.97%
-1.63%
change
Passive
—
2024-05-13
Nippon Venture Capital Co., Ltd.
5.6%
change
Passive
—
2024-05-13
Nippon Venture Capital Co., Ltd.
5.6%
correction
Passive
—
2024-05-10
Nippon Venture Capital Co., Ltd.
7.17%
-1.51%
change
Passive
—
2024-05-07
Nippon Venture Capital Co., Ltd.
8.68%
-1.14%
change
Passive
—
2024-04-24
Nippon Venture Capital Co., Ltd.
9.82%
-1.29%
change
Passive
—
2024-04-17
Nippon Venture Capital Co., Ltd.
11.11%
-1.14%
change
Passive
—
2024-04-11
Nippon Venture Capital Co., Ltd.
12.25%
-1.28%
change
Passive
—
2024-04-08
Nippon Venture Capital Co., Ltd.
13.53%
-1.37%
change
Passive
—
2024-04-03
Nippon Venture Capital Co., Ltd.
14.9%
-1.36%
change
Passive
—
2024-03-28
Nippon Venture Capital Co., Ltd.
16.26%
-1.18%
change
Passive
—
2024-03-21
Nippon Venture Capital Co., Ltd.
17.44%
-1.04%
change
Passive
—
2023-12-22
kumada takayuki
39.26%
correction
Passive
—
2023-12-19
Nippon Venture Capital Co., Ltd.
18.48%
initial_5pct
Passive
—
2023-12-19
kumada takayuki
39.26%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
熊田 貴之
1,490,400
37.02%
2
福田 重男
180,000
4.47%
3
熊田 雅之
113,400
2.81%
4
いであ株式会社
80,900
2.00%
5
MSCO CUSTOMER SECURITIES (常任代理人 モルガン・スタンレーMUFG証券株式会社)
64,500
1.60%
6
FUSOグループホールディングス株式会社
50,000
1.24%
7
大成温調株式会社
50,000
1.24%
8
DRONE FUND3号投資事業有限責任組合
45,454
1.12%
9
横田 賢司
42,800
1.06%
10
大成株式会社
40,000
0.99%
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
53.5%
-6.6% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
熊田 貴之
37.83%
37.83%
37.02%
-0.81%
福田 重男
—
3.80%
4.47%
+0.67%
熊田 雅之
2.87%
2.87%
2.81%
-0.06%
いであ
NEW ENTRY
—
—
—
2.00%
NEW
MSCO CUSTOMER SECURITIES
NEW ENTRY
—
—
—
1.60%
NEW
大成温調
1.26%
1.26%
1.24%
-0.02%
FUSOグループホールディングス
NEW ENTRY
—
—
—
1.24%
NEW
DRONE FUND3号投資事業有限責任組合
NEW ENTRY
—
—
—
1.12%
NEW
横田 賢司
NEW ENTRY
—
—
—
1.06%
NEW
大成
2.53%
2.53%
0.99%
-1.54%
式会社SBI証券
last seen 2024
Exited Top 10
1.99%
3.33%
—
重田 康光
last seen 2024
Exited Top 10
—
2.84%
—
楽天証券
last seen 2024
Exited Top 10
—
2.52%
—
式会社SBI新生銀行
last seen 2024
Exited Top 10
1.90%
1.90%
—
FUSO-SBI Innovation Fund
last seen 2024
Exited Top 10
—
1.26%
—
TBSイノベーション・パートナーズ1号投資事業組合
last seen 2023
Exited Top 10
3.26%
—
—
式会社レスターホールディングス
last seen 2023
Exited Top 10
2.53%
—
—
日本郵政キャピタル
last seen 2023
Exited Top 10
1.41%
—
—
けいはんな学研都市ATRベンチャーNVCC投資事業有限責任組合
last seen 2023
Exited Top 10
17.33%
—
—
Concentration (HHI)
ⓘ
1774
1492
1411
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved