7416
Haruyama Holdings Inc.
株式会社はるやまホールディングス
Consumer Cyclical · Apparel Retail
Haruyama Holdings Inc. engages in the sale of menswear, womenswear, and related products in Japan. It provides suits, formal wear, inner wear, coats, as well as casual, and business clothes. The company was formerly known as Haruyama Trading Company Limited. and changed its name to Haruyama Holdings Inc. in January 2017. Haruyama Holdings Inc. was founded in 1974 and is headquartered in Okayama, Japan.
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⚠ TSE Capital Mandate
P / Book
0.45×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥36.1B
¥35.9B
¥36.9B
¥36.7B
Cost of Sales
¥14.7B
¥14.4B
¥14.9B
¥15.9B
Gross Profit
¥21.5B
¥21.5B
¥22.0B
¥20.8B
SG&A
¥20.8B
¥20.6B
¥21.3B
¥23.5B
Operating Income
¥626M
¥927M
¥740M
¥-2.8B
Non-Operating Income
¥636M
¥607M
¥640M
¥741M
Dividend Income
¥12M
¥8M
¥8M
¥6M
Interest Income
¥9M
¥5M
¥5M
¥6M
Non-Operating Expenses
¥298M
¥277M
¥262M
¥265M
Interest Expense
¥39M
¥36M
¥39M
¥37M
Ordinary Income
¥964M
¥1.3B
¥1.1B
¥-2.3B
Pre-tax Income
¥849M
¥547M
¥741M
¥-4.3B
Income Taxes
¥179M
¥142M
¥494M
¥3.6B
Current Tax
¥136M
¥226M
¥165M
¥136M
Deferred Tax
¥43M
¥-85M
¥328M
¥3.5B
Net Income (owners)
¥670M
¥406M
¥247M
¥-7.9B
Comprehensive Income
¥687M
¥446M
¥264M
¥-7.9B
EBITDA
¥1.3B
¥1.4B
¥1.4B
¥-1.8B
Goodwill Amort. (J-GAAP)
—
—
¥77M
¥115M
EPS
¥41.15
¥24.80
¥15.10
¥-482.95
Shares Outstanding
16.0M
16.4M
16.4M
16.4M
Shares Issued (total)
16.5M
16.5M
16.5M
16.5M
Treasury Shares
0.5M
0.1M
0.1M
0.1M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥43.4B
¥47.3B
¥48.6B
¥51.1B
Current Assets
¥23.5B
¥26.7B
¥27.4B
¥28.8B
Cash & Deposits
¥10.6B
¥13.8B
¥14.6B
¥12.4B
Trade Receivables
—
—
—
¥96M
Inventories
¥8.8B
¥8.9B
¥9.2B
¥11.0B
Non-Current Assets
¥19.9B
¥20.6B
¥21.2B
¥22.3B
PP&E
¥12.0B
¥12.5B
¥12.5B
¥13.0B
Goodwill
—
—
—
¥77M
Intangible Assets
¥923M
¥1.0B
¥1.4B
¥1.1B
Investment Securities
¥568M
¥543M
¥520M
¥507M
Deferred Tax Assets
¥620M
¥671M
¥604M
¥939M
Total Liabilities
¥19.3B
¥23.3B
¥24.8B
¥27.6B
Current Liabilities
¥12.5B
¥13.4B
¥13.1B
¥14.6B
Accounts Payable
¥3.9B
¥4.8B
¥5.0B
¥5.8B
ST Debt
¥5.5B
¥4.0B
¥4.1B
¥3.9B
Taxes Payable
¥67M
¥169M
¥153M
¥116M
Non-Current Liabilities
¥6.7B
¥10.0B
¥11.8B
¥13.1B
Total LT Borrowings
¥3.3B
¥6.3B
¥8.1B
¥9.5B
Pension Obligations
¥1.4B
¥1.6B
¥1.6B
¥1.5B
Total Equity
¥24.2B
¥23.9B
¥23.8B
¥23.5B
Capital Stock
¥4.0B
¥4.0B
¥4.0B
¥4.0B
Capital Surplus
¥3.9B
¥3.9B
¥3.9B
¥3.9B
Retained Earnings
¥16.6B
¥16.2B
¥16.0B
¥15.8B
Treasury Stock
¥-351M
¥-139M
¥-139M
¥-139M
AOCI
¥70M
¥53M
¥13M
¥-5M
Equity (owners)
¥24.1B
¥23.9B
¥23.7B
¥23.5B
Total Interest-Bearing Debt ⓘ
¥8.8B
¥10.2B
¥12.2B
¥13.3B
Net Cash ⓘ
¥1.8B
¥3.6B
¥2.4B
¥-964M
NCAV ⓘ
¥4.2B
¥3.3B
¥2.6B
¥1.2B
NCAV/Share
¥264
¥204
¥157
¥71
BV/Share
¥1,505
¥1,461
¥1,451
¥1,436
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥-139M
¥1.3B
¥4.2B
¥-1.8B
Interest Paid
¥-39M
¥-36M
¥-39M
¥-36M
Interest Received
¥17M
¥8M
¥7M
¥7M
D&A
¥625M
¥511M
¥587M
¥823M
Goodwill Amort.
—
—
¥77M
¥115M
Investing CF
¥-1.2B
¥538M
¥-469M
¥163M
CapEx
¥881M
¥422M
¥241M
¥207M
Proceeds from Invest.
—
—
¥0M
¥227M
Financing CF
¥-1.9B
¥-2.6B
¥-1.4B
¥2.2B
Dividends Paid
¥-253M
¥-253M
¥-0M
¥-253M
Share Buybacks
¥-212M
¥-0M
¥-0M
¥-0M
LT Debt Repaid
¥-3.4B
¥-3.6B
¥-3.5B
¥-2.4B
Free Cash Flow
¥-1.0B
¥856M
¥3.9B
¥-2.0B
Net Change in Cash
¥-3.3B
¥-790M
¥2.3B
¥545M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
2.8%
1.7%
1.0%
-28.7%
ROA
1.5%
0.8%
0.5%
-15.4%
EPS
¥41.15
¥24.80
¥15.10
¥-482.95
DPS
¥20.00
¥15.50
¥15.50
—
BPS
¥1,509.37
¥1,463.87
¥1,452.12
¥1,435.95
FCF/Share
¥-64
¥52
¥240
¥-124
NCAV/Share
¥264
¥204
¥157
¥71
Payout Ratio
48.6%
62.5%
102.6%
—
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 5
Date Activist Stake Event Flag Demands Source
2024-06-11
Masashi Haruyama
28.27%
correction
Passive
—
2024-06-11
Masashi Haruyama
28.27%
correction
Passive
—
2024-06-05
Masashi Haruyama
28.27%
change
Passive
—
2024-05-31
Masashi Haruyama
28.27%
change
Passive
—
2023-10-18
Masashi Haruyama
28.27%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 3
#
Shareholder
Shares (thou.)
% of Total
1
株式会社はるか
3,336,300
20.83%
2
治山 邦雄
1,383,322
8.64%
3
有限会社岩渕コーポレーション
1,324,500
8.27%
4
治山 公子
720,082
4.49%
5
The Shikoku Bank, Ltd.
株式会社四国銀行
699,940
4.37%
6
治山 美智子
406,792
2.54%
7
Employee Stock Ownership Plan
はるやま社員持株会
392,350
2.45%
8
岩渕 典子
349,900
2.18%
9
治山 高広
331,000
2.06%
10
治山 純子
318,700
1.99%
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
57.8%
+3.3% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社はるか
11.06%
11.06%
20.83%
+9.77%
治山 邦雄
9.16%
8.61%
8.64%
+0.03%
限会社岩渕コーポレーション
8.09%
8.09%
8.27%
+0.18%
治山 公子
4.04%
4.40%
4.49%
+0.09%
The Shikoku Bank, Ltd.
式会社四国銀行
4.56%
4.04%
4.37%
+0.33%
治山 美智子
2.19%
2.33%
2.54%
+0.21%
Employee Stock Ownership Plan
はるやま社員持株会
2.47%
2.47%
2.45%
-0.02%
岩渕 典子
2.13%
2.13%
2.18%
+0.05%
治山 高広
—
2.02%
2.06%
+0.04%
治山 純子
NEW ENTRY
—
—
—
1.99%
NEW
治山 正史
last seen 2024
Exited Top 10
9.33%
9.33%
—
日本マスタートラスト信託銀行
last seen 2023
Exited Top 10
3.18%
—
—
Concentration (HHI)
ⓘ
421
405
642
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥283M
+60% since 2023
Holdings
3
+1 new
1 exited
Trend
Stable
vs 2023
Held Company
FY2025
¥283M total
FY2023
¥177M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Chugin Financial Group, Inc.
(株)ちゅうぎんフィナンシャルグループ
160
NEW
New
96,000
—
The Shikoku Bank, Ltd.
(株)四国銀行
97
80,315
70
80,315
M
TOMATO BANK,LTD.
(株)トマト銀行
26
21,700
22
21,700
(株)ちゅうぎんフィナンシャルグループ(注)2.
—
−100%
Exit
—
85
96,000
Portfolio total
283
177
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding