Nalnet Communications, Inc.

5870 株式会社ナルネットコミュニケーションズ

Services · Growth

PRICE: ¥752 · MKT CAP: ¥4.0B · P/E: 16.8x · P/B: 1.17x · DIV YIELD: 2.0%

PRICE — 5Y

Characteristics & Business Summary

Nalnet Communications Inc. engages in the automotive-related business process outsourcing (BPO) business focusing on contracted maintenance of leased vehicles. The company provides maintenance management services, such as inspections, vehicle inspections, and...

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

Fiscal Period	FY 2023	FY 2024
Net Sales	7,672	8,543
Operating Profit	527	442
Ordinary Profit	512	431
Net Profit	305	238
EPS	¥57	¥45
DPS	¥15	¥15

Balance Sheet & Valuation Highlights

Total Assets ¥10B

Net Assets (Equity) ¥3B

Equity Ratio 34.6%

ROE (Return on Equity) 7.0%

Cash & Equivalents ¥1B

Interest-Bearing Debt ¥2B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. Mobility&MaintenanceJapan株式会社 35.6%
2. ジャフコＳＶ６投資事業有限責任組合 15.2%
3. ジャフコＳＶ６-Ｓ投資事業有限責任組合 3.8%
4. SBI Securities Co., Ltd. 2.1%
5. Custody Bank of Japan, Ltd. (Trust Account) 2.0%
6. ＪＩＡ１号投資事業有限責任組合 1.2%
7. あいぎんベンチャーファンド２号投資事業有限責任組合 1.2%
8. 谷口孝雄 1.1%
9. 高城裕（常任代理人三田証券株式会社） 1.0%
10. Rakuten Securities, Inc. 1.0%

Activist Activity

YELLOW HAT LTD. 20.02%

2026-01-21 · change

YELLOW HAT LTD. 19.42%

2025-12-25 · change

YELLOW HAT LTD. 18.37%

2025-12-01 · change

YELLOW HAT LTD. 17.32%

2025-11-21 · change

JAFCO Group Co., Ltd. 16.25%

2025-06-25 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2023	FY 2024
Revenues per share	¥1,439	¥1,602
FCF/Share	¥153	¥78
EPS	¥57	¥45
DPS	¥15	¥15
Capital Spending per share	¥3	¥2
Book Value per share	¥613	¥643
Common Shares Outstanding	5M	5M

Financial Aggregates & Margins

Financial Aggregate	FY 2023	FY 2024
Revenues (Net Sales)	¥8B	¥9B
Operating Margin (%)	6.9%	5.2%
Net Profit (owners)	¥0B	¥0B
Net Profit Margin (%)	4.0%	2.8%
Working Capital	¥-2B	¥-2B
Total Debt (Interest-bearing)	¥2B	¥2B
Net Worth (Common Equity)	¥3B	¥3B
Return on Total Assets (ROA)	3.2%	2.4%
Return on Common Equity (ROE)	9.3%	7.0%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.