Integral Corporation

5842 インテグラル株式会社

Asset Management · Growth

PRICE: ¥2,965 · MKT CAP: ¥100.9B · P/E: 16.5x · P/B: 2.58x · DIV YIELD: 1.2%

PRICE — 5Y

Characteristics & Business Summary

Integral Corporation is a private equity firm which specializes in management buyouts, turnaround, leveraged buyouts, mezzanine, and other minority investments. The firm seeks to invest in both listed and unlisted mid-cap companies based in Japan. It does not...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2023	FY 2024	FY 2025
Net Sales	14,083	31,230	13,655
Operating Profit	10,995	26,017	9,256
Ordinary Profit	—	—	—
Net Profit	7,574	18,106	6,077
EPS	¥229	¥537	¥179
DPS	—	¥34	¥37

Balance Sheet & Valuation Highlights

Total Assets ¥83B

Net Assets (Equity) ¥62B

Equity Ratio 74.9%

ROE (Return on Equity) 9.7%

Cash & Equivalents ¥19B

Interest-Bearing Debt ¥2B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 山本礼二郎 28.6%
2. 佐山展生 23.9%
3. 水谷謙作 7.9%
4. 辺見芳弘 6.2%
5. State Street Bank And Trust Company 1.6%
6. 仲田真紀子 1.2%
7. 長谷川聡子 1.2%
8. 後藤英恒 1.2%
9. 山崎壯 1.2%
10. 西岡成浩 1.2%

Activist Activity

Kensaku Mizutani 7.87%

2023-09-26 · initial_5pct

Yoshihiro Henmi 6.2%

2023-09-26 · initial_5pct

Reijiro Yamamoto 28.39%

2023-09-26 · initial_5pct

Nobuo Sayama 24.31%

2023-09-26 · initial_5pct

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2023	FY 2024	FY 2025
Revenues per share	¥425	¥925	¥401
FCF/Share	¥170	¥172	¥-43
EPS	¥229	¥537	¥179
DPS	—	¥34	¥37
Capital Spending per share	¥0	¥0	¥2
Book Value per share	¥1,203	¥1,707	¥1,834
Common Shares Outstanding	33M	34M	34M

Financial Aggregates & Margins

Financial Aggregate	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥14B	¥31B	¥14B
Operating Margin (%)	78.1%	83.3%	67.8%
Net Profit (owners)	¥8B	¥18B	¥6B
Net Profit Margin (%)	53.8%	58.0%	44.5%
Working Capital	¥3B	¥12B	¥1B
Total Debt (Interest-bearing)	¥2B	¥3B	¥2B
Net Worth (Common Equity)	¥40B	¥58B	¥62B
Return on Total Assets (ROA)	13.5%	22.9%	7.3%
Return on Common Equity (ROE)	19.0%	31.4%	9.7%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.