Artra Group Corporation provides support services for acupuncture and osteopathic clinics in Japan. It operates through two segments: A-COMS Business and Toy Sales Business. The company operates a chain of moxibustion and osteopathic clinics under the Honetsugi brand name, as well as consulting services. It also sells equipment to osteopathic clinics and moxibustion clinics; consumables, such as moxibustion, bandages, moxa, taping, and other items used in osteopathic and moxibustion clinics, self-paid treatment equipment, and private treatment equipment through an e-commerce site under the Atlas Store name. In addition, the company offers Atlas billing services; HONEY-STYLE, a sales support system for moxibustion and osteopathic clinics; and nursing care support services. Further, the company sells toys, stationery, and other items. The company was formerly known as artra corporation and changed its name to Artra Group Corporation in 2021. Artra Group Corporation was incorporated in 2005 and is headquartered in Osaka, Japan.
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Financials
Ownership
Material Events
Income Statement
Balance Sheet
Cash Flow
Ratios & Growth
Metric
FY 2026
TDnet
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Net Sales
ยฅ1.7B
ยฅ3.9B
ยฅ4.2B
ยฅ4.5B
ยฅ4.7B
ยฅ3.2B
ยฅ2.4B
Cost of Sales
โ
ยฅ2.6B
ยฅ2.9B
ยฅ3.0B
ยฅ3.1B
ยฅ2.3B
ยฅ1.9B
Gross Profit
โ
ยฅ1.3B
ยฅ1.3B
ยฅ1.5B
ยฅ1.6B
ยฅ876M
ยฅ498M
SG&A
โ
ยฅ1.2B
ยฅ1.3B
ยฅ1.4B
ยฅ1.6B
ยฅ1.1B
ยฅ909M
Operating Income
โ
ยฅ141M
ยฅ6M
ยฅ51M
ยฅ3M
ยฅ-223M
ยฅ-410M
Non-Operating Income
โ
ยฅ24M
ยฅ17M
ยฅ27M
ยฅ39M
ยฅ34M
ยฅ25M
Interest Income
โ
ยฅ2M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
ยฅ0M
Non-Operating Expenses
โ
ยฅ16M
ยฅ22M
ยฅ16M
ยฅ27M
ยฅ36M
ยฅ11M
Interest Expense
โ
ยฅ14M
ยฅ14M
ยฅ15M
ยฅ17M
ยฅ11M
ยฅ7M
Ordinary Income
ยฅ1.7B
ยฅ149M
ยฅ1M
ยฅ62M
ยฅ15M
ยฅ-225M
ยฅ-396M
Pre-tax Income
โ
ยฅ241M
ยฅ-21M
ยฅ73M
ยฅ27M
ยฅ-331M
ยฅ-411M
Income Taxes
โ
ยฅ-17M
ยฅ16M
ยฅ19M
ยฅ25M
ยฅ20M
ยฅ30M
Current Tax
โ
ยฅ17M
ยฅ20M
ยฅ24M
ยฅ22M
ยฅ17M
ยฅ27M
Deferred Tax
โ
ยฅ-34M
ยฅ-5M
ยฅ-5M
ยฅ3M
ยฅ3M
ยฅ4M
Net Income (owners)
ยฅ1M
ยฅ258M
ยฅ-37M
ยฅ54M
ยฅ2M
ยฅ-351M
ยฅ-441M
Comprehensive Income
โ
ยฅ259M
ยฅ-30M
ยฅ54M
ยฅ5M
ยฅ-362M
ยฅ-440M
EBITDA
โ
ยฅ246M
ยฅ160M
ยฅ191M
ยฅ150M
ยฅ-66M
ยฅ-233M
Goodwill Amort. (J-GAAP)
โ
โ
โ
โ
ยฅ11M
ยฅ25M
โ
EPS
โ
ยฅ25.16
ยฅ-3.59
ยฅ5.43
ยฅ0.22
ยฅ-36.76
ยฅ-49.87
Shares Outstanding
โ
10.3M
10.3M
10.1M
9.8M
9.7M
8.9M
Shares Issued (total)
โ
10.3M
10.3M
10.2M
9.8M
9.8M
8.9M
Treasury Shares
โ
0.0M
0.0M
0.0M
0.0M
0.0M
0.0M
Metric
FY 2026
TDnet
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Total Assets
โ
ยฅ4.1B
ยฅ4.1B
ยฅ4.6B
ยฅ4.7B
ยฅ5.6B
ยฅ4.3B
Current Assets
โ
ยฅ2.8B
ยฅ2.7B
ยฅ3.1B
ยฅ3.1B
ยฅ3.8B
ยฅ2.9B
Cash & Deposits
โ
ยฅ1.1B
ยฅ1.0B
ยฅ1.1B
ยฅ1.2B
ยฅ1.8B
ยฅ1.7B
Trade Receivables
โ
ยฅ365M
ยฅ325M
ยฅ438M
ยฅ345M
ยฅ325M
ยฅ244M
Inventories
โ
ยฅ598M
ยฅ639M
ยฅ778M
ยฅ710M
ยฅ740M
ยฅ395M
Non-Current Assets
โ
ยฅ1.3B
ยฅ1.4B
ยฅ1.5B
ยฅ1.6B
ยฅ1.8B
ยฅ1.5B
PP&E
โ
ยฅ146M
ยฅ151M
ยฅ179M
ยฅ177M
ยฅ127M
ยฅ157M
Goodwill
โ
โ
โ
โ
โ
ยฅ225M
โ
Intangible Assets
โ
ยฅ116M
ยฅ149M
ยฅ195M
ยฅ227M
ยฅ483M
ยฅ333M
Investment Securities
โ
ยฅ690M
ยฅ697M
ยฅ704M
ยฅ743M
ยฅ761M
ยฅ885M
Deferred Tax Assets
โ
ยฅ39M
ยฅ10M
ยฅ8M
ยฅ1M
ยฅ6M
ยฅ11M
Total Liabilities
โ
ยฅ2.4B
ยฅ2.7B
ยฅ3.1B
ยฅ3.3B
ยฅ4.2B
ยฅ3.0B
Current Liabilities
โ
ยฅ1.4B
ยฅ1.5B
ยฅ1.7B
ยฅ1.6B
ยฅ2.2B
ยฅ2.1B
ST Debt
โ
ยฅ208M
ยฅ273M
ยฅ348M
ยฅ402M
ยฅ708M
ยฅ969M
Taxes Payable
โ
ยฅ15M
ยฅ25M
ยฅ30M
ยฅ24M
ยฅ24M
ยฅ26M
Non-Current Liabilities
โ
ยฅ1.0B
ยฅ1.2B
ยฅ1.4B
ยฅ1.7B
ยฅ2.0B
ยฅ880M
Total LT Borrowings
โ
ยฅ833M
ยฅ1.0B
ยฅ1.2B
ยฅ1.5B
ยฅ1.7B
ยฅ776M
Pension Obligations
โ
ยฅ77M
ยฅ75M
ยฅ77M
ยฅ90M
ยฅ92M
ยฅ36M
Deferred Tax Liab.
โ
ยฅ1M
ยฅ6M
ยฅ8M
ยฅ8M
ยฅ11M
ยฅ12M
Total Equity
โ
ยฅ1.7B
ยฅ1.4B
ยฅ1.4B
ยฅ1.3B
ยฅ1.4B
ยฅ1.4B
Capital Stock
โ
ยฅ10M
ยฅ153M
ยฅ143M
ยฅ727M
ยฅ722M
ยฅ565M
Capital Surplus
โ
ยฅ1.7B
ยฅ1.6B
ยฅ1.6B
ยฅ904M
ยฅ899M
ยฅ591M
Retained Earnings
โ
ยฅ-51M
ยฅ-310M
ยฅ-273M
ยฅ-327M
ยฅ-179M
ยฅ203M
Treasury Stock
โ
ยฅ-0M
ยฅ-0M
ยฅ-0M
ยฅ-0M
ยฅ-0M
ยฅ-0M
AOCI
โ
ยฅ10M
ยฅ9M
ยฅ2M
ยฅ1M
ยฅ-2M
ยฅ9M
Equity (owners)
โ
ยฅ1.7B
ยฅ1.4B
ยฅ1.4B
ยฅ1.3B
ยฅ1.4B
ยฅ1.4B
Total Interest-Bearing Debt โ
โ
ยฅ1.0B
ยฅ1.3B
ยฅ1.5B
ยฅ1.9B
ยฅ2.4B
ยฅ1.7B
Net Cash โ
โ
ยฅ88M
ยฅ-229M
ยฅ-396M
ยฅ-673M
ยฅ-599M
ยฅ-33M
NCAV โ
โ
ยฅ354M
ยฅ57M
ยฅ-47M
ยฅ-259M
ยฅ-353M
ยฅ-88M
NCAV/Share
โ
ยฅ35
ยฅ6
ยฅ-5
ยฅ-26
ยฅ-36
ยฅ-10
BV/Share
โ
ยฅ164
ยฅ139
ยฅ142
ยฅ133
ยฅ148
ยฅ153
Metric
FY 2026
TDnet
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Operating CF
โ
ยฅ275M
ยฅ201M
ยฅ218M
ยฅ-133M
ยฅ-209M
ยฅ272M
Interest Paid
โ
ยฅ-14M
ยฅ-13M
ยฅ-14M
ยฅ-17M
ยฅ-11M
ยฅ-7M
D&A
โ
ยฅ105M
ยฅ154M
ยฅ140M
ยฅ136M
ยฅ131M
ยฅ177M
Goodwill Amort.
โ
โ
โ
โ
ยฅ11M
ยฅ25M
โ
Investing CF
โ
ยฅ37M
ยฅ-31M
ยฅ-12M
ยฅ-154M
ยฅ-564M
ยฅ-188M
CapEx
โ
ยฅ41M
ยฅ41M
ยฅ76M
ยฅ106M
ยฅ34M
ยฅ18M
Purchase Investments
โ
โ
โ
โ
โ
โ
ยฅ-80M
Proceeds from Invest.
โ
ยฅ95M
โ
โ
ยฅ0M
ยฅ30M
ยฅ76M
Financing CF
โ
ยฅ-233M
ยฅ-260M
ยฅ-300M
ยฅ-315M
ยฅ896M
ยฅ266M
Dividends Paid
โ
โ
โ
ยฅ-0M
ยฅ-0M
ยฅ-31M
ยฅ-31M
LT Debt Repaid
โ
ยฅ-273M
ยฅ-357M
ยฅ-391M
ยฅ-430M
ยฅ-252M
ยฅ-159M
Free Cash Flow
โ
ยฅ235M
ยฅ160M
ยฅ141M
ยฅ-239M
ยฅ-243M
ยฅ254M
Net Change in Cash
โ
ยฅ79M
ยฅ-90M
ยฅ-94M
ยฅ-601M
ยฅ123M
ยฅ349M
Metric
FY 2026
TDnet
FY 2025
EDINET โ
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Return on Equity (ROE) โ
โ
16.5%
-2.5%
3.9%
0.2%
-25.0%
-32.2%
Return on Assets (ROA) โ
โ
6.3%
-0.8%
1.2%
0.0%
-7.1%
-10.2%
Gross Margin โ
โ
34.3%
31.5%
32.5%
33.7%
27.7%
20.5%
Operating Margin โ
โ
3.6%
0.1%
1.1%
0.1%
-7.1%
-16.9%
Net Margin โ
0.1%
6.6%
-0.9%
1.2%
0.0%
-11.1%
-18.2%
Current Ratio โ
โ
1.99x
1.87x
1.80x
1.92x
1.77x
1.38x
Quick Ratio โ
โ
1.56x
1.43x
1.34x
1.48x
1.42x
1.19x
Revenue / Share โ
โ
ยฅ383
ยฅ412
ยฅ443
ยฅ477
ยฅ324
ยฅ273
BV/Share โ
โ
ยฅ164
ยฅ139
ยฅ142
ยฅ133
ยฅ148
ยฅ153
NCAV/Share โ
โ
ยฅ35
ยฅ6
ยฅ-5
ยฅ-26
ยฅ-36
ยฅ-10
EPS โ
โ
ยฅ25.16
ยฅ-3.59
ยฅ5.43
ยฅ0.22
ยฅ-36.76
ยฅ-49.87
DPS โ
โ
ยฅ0.00
ยฅ0.00
ยฅ0.00
ยฅ0.00
ยฅ0.00
ยฅ3.50
Payout Ratio โ
โ
0.0%
โ
0.0%
0.0%
โ
โ
FCF/Share โ
โ
ยฅ22.85
ยฅ15.56
ยฅ13.94
ยฅ-24.39
ยฅ-24.90
ยฅ28.62
Market Valuation
Avg daily close price for calendar year ร most recently reported EPS / DPS
Metric
CY2023
CY2024
CY2025
Avg P/E โ
35.9ร
EPS from 2023-12
28.8ร
EPS from 2023-12
6.5ร
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
ยฅ195
ยฅ156
ยฅ165
Growth Rates (CAGR)
Metric
3yr CAGR (FY2023โ2026)
5yr CAGR (FY2021โ2026)
Stock Price
-0.2%
-11.7%
Sales
-28.0%
-11.9%
FCF/Share
โ
-4.4%
EPS
+385.4%
โ
DPS
โ
-100.0%
BV/Share
+7.2%
+1.4%
NCAV/Share
โ
โ
No capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Large Shareholder Reports 20
#
Shareholder
Shares (thou.)
% of Total
1
ไธ่ฌ็คพๅฃๆณไบบใฟใฉใไผ
2,231
2
ไน
ไธ ๅไน
587
3
ๆ ชๅผไผ็คพใตใคใจใณใน
500
4
Nomura Securities Co., Ltd.
้ๆ่ญๅธๆ ชๅผไผ็คพ
489
5
Rakuten Securities, Inc.
ๆฅฝๅคฉ่จผๅธๆ ชๅผไผ็คพๅ
ฑๆๅฃ
330
6
็็ฐ ๅพน
254
7
ไผ่ฑ ่ฑๅนธ
204
8
ใจใณใใใผใปใใผใใใผใบๆ ชๅผไผ็คพ
170
9
็ฐไธญ ๅ
ๅ
ธ
155
10
JPMorgan Securities Japan Co., Ltd.
๏ผช๏ผฐใขใซใฌใณ่จผๅธๆ ชๅผไผ็คพ
142
Domestic Nominees
0.0%
+0.0% 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
49.3%
+2.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2021
2022
2023
2024
2025
ไธ่ฌ็คพๅฃๆณไบบใฟใฉใไผ
78.12%
27.90%
21.98%
21.73%
21.73%
ไน
ไธ ๅไน
4.24%
2.52%
3.02%
5.72%
5.72%
ๅผไผ็คพใตใคใจใณใน
โ
โ
4.92%
4.87%
4.87%
Nomura Securities Co., Ltd.
้ๆ่จผๅธ
โ
1.23%
2.97%
4.68%
4.76%
+0.08%
Rakuten Securities, Inc.
NEW ENTRY
ๆฅฝๅคฉ่จผๅธ
โ
โ
1.65%
โ
3.21%
NEW
็็ฐ ๅพน
5.18%
2.08%
2.50%
2.47%
2.47%
ไผ่ฑ ่ฑๅนธ
NEW ENTRY
โ
โ
โ
โ
โ
1.98%
NEW
ใจใณใใใผใปใใผใใใผใบ
โ
4.99%
2.16%
2.14%
1.65%
-0.49%
็ฐไธญ ๅ
ๅ
ธ
3.16%
โ
1.53%
1.51%
1.51%
JPMorgan Securities Japan Co., Ltd.
NEW ENTRY
JPใขใซใฌใณ่จผๅธ
โ
โ
โ
โ
โ
1.38%
NEW
ๆๆจ ๅญๅคซ
last seen 2024
Exited Top 10
3.14%
1.56%
โ
1.49%
โ
SBI Securities Co., Ltd.
SBI่จผๅธ
last seen 2024
Exited Top 10
โ
โ
โ
1.24%
โ
ไผ็ฐ ๆญฃ่ฑ
last seen 2024
Exited Top 10
2.46%
1.22%
โ
0.97%
โ
The Master Trust Bank of Japan, Ltd. (Trust Account)
ๆฅๆฌใในใฟใผใใฉในใไฟก่จ้่ก
last seen 2023
Exited Top 10
6.84%
2.88%
1.90%
โ
โ
auใซใใณใ ่จผๅธ
last seen 2022
Exited Top 10
โ
3.19%
โ
โ
โ
่ ไนพ่
last seen 2023
Exited Top 10
17.18%
8.56%
3.32%
โ
โ
auใซใใใใใณใ ่จผๅธ
last seen 2021
Exited Top 10
5.66%
โ
โ
โ
โ
ไธ้ ้ ไฟไธ
last seen 2021
Exited Top 10
1.96%
โ
โ
โ
โ
Concentration (HHI)
โ
6551
911
556
568
579
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
2026-01-08
Milestone Capital Management,Ltd.
30.67%
+29.91%
initial_5pct
Passive
โ
2024-06-19
Kyuse Hiroyuki
6.89%
correction
Passive
โ
2024-06-19
Kyuse Hiroyuki
7.95%
+1.06%
correction
Passive
โ
2024-06-04
Milestone Capital Management,Ltd.
0.76%
-17.8%
change
Passive
โ
2024-05-21
Kyuse Hiroyuki
6.89%
-1.05%
correction
Passive
โ
2024-05-20
Kyuse Hiroyuki
7.94%
+1.06%
change
Passive
โ
2024-05-13
Kyuse Hiroyuki
6.88%
initial_5pct
Passive
โ
2023-12-13
midorikai
21.94%
correction
Passive
โ
2023-11-21
midorikai
21.94%
change
Passive
โ
2023-11-17
SU CHIEN WEN
3.31%
change
Passive
โ
2023-11-17
SU CHIEN WEN
3.31%
correction
Passive
โ
2023-11-17
midorikai
21.94%
change
Passive
โ
2023-11-06
SU CHIEN WEN
5.44%
correction
Passive
โ
2023-11-02
SU CHIEN WEN
5.44%
-1.01%
initial_5pct
Passive
โ
2023-09-25
Milestone Capital Management,Ltd.
18.56%
-1.05%
change
Passive
โ
2023-09-22
SU CHIEN WEN
6.45%
+0.3%
correction
Passive
โ
2023-09-20
SU CHIEN WEN
6.15%
-1.42%
change
Passive
โ
2023-09-07
SU CHIEN WEN
7.57%
correction
Passive
โ
2023-09-06
SU CHIEN WEN
7.57%
change
Passive
โ
2023-08-28
Milestone Capital Management,Ltd.
19.61%
change
Passive
โ
Date
Category
Summary
Amount
2026-02-16
๐ฅ Financial
Impairment
The company recorded a reversal of allowance for doubtful accounts of 49.761 million yen due to improved financial condition of a consolidated subsidiary, while simultaneously recording a new provision of 83.310 million yen for receivables from toy sales subsidiary. The net impact on consolidated results is nil due to intercompany elimination.
ยฅ34M
โบ
Summary
The company recorded a reversal of allowance for doubtful accounts of 49.761 million yen due to improved financial condition of a consolidated subsidiary, while simultaneously recording a new provision of 83.310 million yen for receivables from toy sales subsidiary. The net impact on consolidated results is nil due to intercompany elimination.
Counterparty: Consolidated subsidiaries (toy sales business)
้ฃ็ตๅญไผ็คพใฎ่ฒกๆฟ็ถๆ
ใฎๅๅพฉใซไผดใๅๆไปฅๅใซ่จไธใใฆใใใพใใ่ฒธๅๅผๅฝ้ใฎๅๅดฉใใ่กใใ่ฒธๅๅผๅฝ้ๆปๅ
ฅ้กใๅถๆฅญๅคๅ็ใซ่จไธใใใใพใใใ
โ