Writeup Co.,Ltd.

6580 株式会社ライトアップ

Information & Communication · Growth

PRICE: ¥770 · MKT CAP: ¥3.9B · P/E: 8.2x · P/B: 1.26x · DIV YIELD: 2.3%

PRICE — 5Y

Characteristics & Business Summary

Writeup Co.,Ltd. provides management support services in Japan. It operates through two segments X Solutions and Content Businesses. The X Solution business segment provides support for the introduction of IT tools, human resource development support...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	2,134	2,778	2,225	2,776	4,004
Operating Profit	603	841	143	320	721
Ordinary Profit	596	842	142	315	725
Net Profit	431	607	110	231	485
EPS	¥148	¥104	¥19	¥45	¥95
DPS	¥0	¥0	¥0	¥0	¥18

Balance Sheet & Valuation Highlights

Total Assets ¥4B

Net Assets (Equity) ¥3B

Equity Ratio 74.5%

ROE (Return on Equity) 15.5%

Cash & Equivalents ¥3B

Interest-Bearing Debt ¥0B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. 白石崇 48.4%
2. SBI Securities Co., Ltd. 4.7%
3. Japan Custody Bank 3.6%
4. Japan Master Trust Bank 2.5%
5. 宮脇邦人 2.4%
6. CHANGE Holdings, Inc. 2.3%
7. ＭＳＩＰＣＬＩＥＮＴＳＥＣＵＲＩＴＩＥＳ（常任代理人モルガン・スタンレーＭＵＦＧ証券株式会社） 1.8%
8. 槇田重夫 1.6%
9. JPMorgan Securities Japan Co., Ltd. 1.2%
10. Rakuten Securities, Inc. 1.2%

Activist Activity

WILL FIELD CAPITAL PTE.LTD. 6.1%

2026-02-24 · change

WILL FIELD CAPITAL PTE.LTD. 5.01%

2025-07-31 · correction

WILL FIELD CAPITAL PTE.LTD. 5.01%

2025-07-29 · initial_5pct

Asset Management One Co., Ltd. 3.4%

2025-05-22 · change

Asset Management One Co., Ltd. 5.49%

2025-03-24 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥735	¥478	¥383	¥536	¥782
FCF/Share	¥162	¥99	¥-1	¥67	¥81
EPS	¥148	¥104	¥19	¥45	¥95
DPS	¥0	¥0	¥0	¥0	¥18
Capital Spending per share	¥0	¥0	¥0	¥1	¥0
Book Value per share	¥707	¥425	¥426	¥522	¥612
Common Shares Outstanding	3M	6M	6M	5M	5M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥2B	¥3B	¥2B	¥3B	¥4B
Operating Margin (%)	28.2%	30.3%	6.4%	11.5%	18.0%
Net Profit (owners)	¥0B	¥1B	¥0B	¥0B	¥0B
Net Profit Margin (%)	20.2%	21.8%	4.9%	8.3%	12.1%
Working Capital	¥2B	¥2B	¥2B	¥2B	¥3B
Total Debt (Interest-bearing)	¥0B	¥0B	¥0B	¥0B	¥0B
Net Worth (Common Equity)	¥2B	¥2B	¥2B	¥3B	¥3B
Return on Total Assets (ROA)	17.2%	19.3%	3.6%	6.8%	11.6%
Return on Common Equity (ROE)	21.0%	24.6%	4.4%	8.5%	15.5%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.