8281
XEBIO HOLDINGS CO.,LTD.
ゼビオホールディングス株式会社
Retail Trade
Xebio Holdings Co., Ltd., through its subsidiaries, operates in the sporting goods business in Japan. The company engages in the sale of sporting goods and apparel. It operates integrated mega specialty stores under The Super Sports XEBIO brand; small and medium scale sporting equipment specialty stores under the XEBIO Sports Express brand; urban sporting goods specialty stores under the Victoria brand; small-scale sporting goods stores under the NEXAS brand; sporting goods specialty stores under the Takeda Sports brand; golf products specialty stores under the Victoria Golf and Golf Partner brands; outdoor specialty stores under the L-Breath brand; and specialty apparel stores under the next and X'tyle brands. The company also operates sports eyewear stores under the X'tyleVision brand; health food and fitness, and medical products stores under the Xiasis brand; Free Blades, an ice hockey club team; Xebio Arena, a sports arena; and multipurpose arena under Flat Hachinohe brand. In addition, it is involved in the marketing, research and consulting, event promotion, and property management activities; research and development operations; operation of sports related digital platforms; and e-commerce management business. Further, the company engages in the sales agency business, human resource development, and temporary staffing businesses; and credit card business. Xebio Holdings Co., Ltd. was founded in 1962 and is headquartered in Koriyama, Japan.
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← Companies
⚠ TSE Capital Mandate
P / Book
0.36×
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
¥250.6B
¥242.4B
¥239.3B
¥223.3B
Cost of Sales
¥152.9B
¥149.5B
¥147.5B
¥136.2B
Gross Profit
¥97.7B
¥92.9B
¥91.8B
¥87.1B
SG&A
¥90.7B
¥88.7B
¥83.4B
¥82.1B
Operating Income
¥7.0B
¥4.2B
¥8.3B
¥5.0B
Non-Operating Income
¥1.8B
¥2.2B
¥1.9B
¥3.9B
Dividend Income
¥24M
¥14M
¥11M
¥10M
Interest Income
¥15M
¥84M
¥76M
¥49M
Non-Operating Expenses
¥1.2B
¥1.0B
¥1.0B
¥1.0B
Interest Expense
¥105M
¥104M
¥64M
¥120M
Ordinary Income
¥7.6B
¥5.4B
¥9.2B
¥7.9B
Pre-tax Income
¥3.1B
¥4.5B
¥8.8B
¥6.2B
Income Taxes
¥2.1B
¥1.8B
¥3.2B
¥2.4B
Current Tax
¥2.3B
¥1.4B
¥3.0B
¥3.0B
Deferred Tax
¥-181M
¥355M
¥209M
¥-588M
Net Income (owners)
¥971M
¥2.6B
¥5.4B
¥3.8B
Minority Interest
¥8M
¥139M
¥196M
¥17M
Comprehensive Income
¥1.6B
¥3.5B
¥5.3B
¥4.1B
EBITDA
¥12.9B
¥9.3B
¥12.4B
¥9.2B
Goodwill Amort. (J-GAAP)
¥21M
¥286M
¥427M
¥444M
EPS
¥22.61
¥58.62
¥122.09
¥86.77
Shares Outstanding
41.6M
44.2M
44.2M
44.2M
Shares Issued (total)
47.9M
47.9M
47.9M
47.9M
Treasury Shares
6.3M
3.7M
3.7M
3.7M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥204.0B
¥209.5B
¥211.3B
¥208.3B
Current Assets
¥130.7B
¥140.0B
¥145.8B
¥147.0B
Cash & Deposits
¥19.9B
¥24.9B
¥32.9B
¥39.9B
Trade Receivables
¥20.6B
¥22.6B
¥23.4B
¥22.4B
Inventories
¥81.5B
¥82.9B
¥80.7B
¥75.9B
Non-Current Assets
¥73.2B
¥69.6B
¥65.5B
¥61.3B
PP&E
¥39.3B
¥36.5B
¥35.4B
¥31.9B
Goodwill
¥24M
¥44M
¥330M
¥716M
Intangible Assets
¥8.7B
¥8.2B
¥6.8B
¥5.5B
Investment Securities
¥2.7B
¥2.5B
¥953M
¥727M
Deferred Tax Assets
¥3.8B
¥3.8B
¥4.6B
¥4.9B
Total Liabilities
¥81.8B
¥84.7B
¥88.7B
¥89.6B
Current Liabilities
¥66.6B
¥70.6B
¥72.2B
¥74.7B
Accounts Payable
¥16.3B
¥17.5B
¥23.4B
¥22.4B
ST Debt
¥1.5B
¥2.5B
¥2.6B
¥6.7B
Taxes Payable
¥2.2B
¥547M
¥1.5B
¥1.8B
Non-Current Liabilities
¥15.3B
¥14.2B
¥16.6B
¥14.9B
Total LT Borrowings
¥2.0B
¥2.9B
¥4.8B
¥6.5B
Pension Obligations
¥770M
¥842M
¥862M
¥905M
Total Equity
¥122.1B
¥124.8B
¥122.6B
¥118.7B
Capital Stock
¥15.9B
¥15.9B
¥15.9B
¥15.9B
Capital Surplus
¥16.1B
¥16.1B
¥16.1B
¥16.1B
Retained Earnings
¥97.4B
¥97.8B
¥96.5B
¥92.4B
Treasury Stock
¥-9.5B
¥-6.5B
¥-6.5B
¥-6.5B
AOCI
¥1.4B
¥748M
¥-32M
¥245M
Equity (owners)
¥120.0B
¥123.3B
¥122.1B
¥118.0B
Minority Interests
¥411M
¥361M
¥202M
¥42M
Total Interest-Bearing Debt ⓘ
¥3.4B
¥5.5B
¥7.4B
¥13.2B
Net Cash ⓘ
¥16.4B
¥19.5B
¥25.5B
¥26.7B
NCAV ⓘ
¥48.9B
¥55.3B
¥57.1B
¥57.4B
NCAV/Share
¥1,176
¥1,250
¥1,291
¥1,299
BV/Share
¥2,884
¥2,789
¥2,761
¥2,669
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥12.1B
¥4.3B
¥7.0B
¥2.2B
Interest Paid
¥-106M
¥-75M
¥-66M
¥-117M
Interest Received
¥40M
¥99M
¥88M
¥59M
D&A
¥5.9B
¥4.8B
¥3.6B
¥3.8B
Goodwill Amort.
¥21M
¥286M
¥427M
¥444M
Investing CF
¥-9.6B
¥-8.0B
¥-5.5B
¥-5.2B
CapEx
¥6.7B
¥4.3B
¥3.4B
¥3.5B
Purchase Investments
¥-455M
¥-1.2B
¥-21M
¥-212M
Proceeds from Invest.
¥63M
¥17M
—
¥3M
Financing CF
¥-7.5B
¥-4.1B
¥-7.9B
¥-2.1B
Dividends Paid
¥-1.3B
¥-1.3B
¥-1.3B
¥-1.4B
Share Buybacks
¥-3.1B
¥0M
¥0M
¥0M
LT Debt Repaid
¥-1.8B
¥-1.8B
¥-6.0B
¥-305M
Free Cash Flow
¥5.3B
¥-51M
¥3.7B
¥-1.3B
Net Change in Cash
¥-5.1B
¥-7.9B
¥-7.0B
¥-4.4B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
0.8%
2.1%
4.5%
3.3%
ROA
0.5%
1.2%
2.6%
1.8%
EPS
¥22.61
¥58.62
¥122.09
¥86.77
DPS
¥32.50
¥30.00
¥30.00
¥30.00
BPS
¥2,916.65
¥2,806.34
¥2,760.04
¥2,674.23
FCF/Share
¥129
¥-1
¥83
¥-29
NCAV/Share
¥1,176
¥1,250
¥1,291
¥1,299
Payout Ratio
143.7%
51.2%
24.6%
34.6%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 1
Date Activist Stake Event Flag Demands Source
2023-08-22
Teruko Morohashi
33.55%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 9
#
Shareholder
Shares (thou.)
% of Total
1
有限会社サンビック
8,252
19.84%
2
公益財団法人諸橋近代美術館
4,500
10.82%
3
有限会社ティー・ティー・シー
4,121
9.91%
4
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
3,643
8.76%
5
諸 橋 輝 子
1,392
3.35%
6
STATE STREET BANK AND TRUST COMPANY 505001 (常任理事 株式会社みずほ銀行決済営業部)
1,179
2.83%
7
諸 橋 友 良
1,174
2.82%
8
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
1,075
2.59%
9
RHB
RHB合同会社
900
2.17%
10
ゼビオグループ従業員持株会
475
1.14%
Domestic Nominees
11.3%
+0.8% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-1.5% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
52.9%
+5.4% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
限会社サンビック
18.67%
18.67%
19.84%
+1.17%
公益財団法人諸橋近代美術館
10.18%
10.18%
10.82%
+0.64%
限会社ティー・ティー・シー
9.32%
9.32%
9.91%
+0.59%
Japan Master Trust Bank
日本マスタートラスト信託銀行
8.24%
7.03%
8.76%
+1.73%
諸 橋 輝 子
3.15%
3.15%
3.35%
+0.20%
みずほ銀行
NEW ENTRY
—
—
—
2.83%
NEW
諸 橋 友 良
2.66%
2.66%
2.82%
+0.16%
Japan Custody Bank
日本カストディ銀行
3.54%
3.53%
2.59%
-0.94%
RHB
RHB合同会社
—
2.04%
2.17%
+0.13%
ゼビオグループ従業員持株会
NEW ENTRY
—
—
—
1.14%
NEW
State Street
last seen 2024
Exited Top 10
1.49%
1.51%
—
MSIP CLIENT SECURITIES
last seen 2024
Exited Top 10
—
1.46%
—
DFA INTL SMALL CAP VALUE PORTFOLIO
last seen 2023
Exited Top 10
1.43%
—
—
諸 橋 寛 子
last seen 2023
Exited Top 10
2.04%
—
—
Concentration (HHI)
ⓘ
645
627
726
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,239M
+90% since 2023
Holdings
9
+1 new
4 exited
Trend
1 building
vs 2023
Held Company
FY2025
¥1,239M total
FY2023
¥651M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Mizuno Corporation
美津濃㈱
902
116,000
360
116,000
M
YONEX CO.,LTD.
ヨネックス㈱
238
100,000
143
100,000
M
AOKI Holdings Inc.
㈱AOKIホールディングス
68
52,932
45
52,932
GOLDWIN INC.
㈱ゴールドウイン
23
2,904
36
2,904
M
第一生命ホールディングス㈱
5
+900.0%
↑
12,000
2
1,200
AOYAMA TRADING Co., Ltd.
青山商事㈱
2
NEW
New
1,003
—
㈱幸楽苑ホールディングス
1
1,086
1
1,086
THE DAITO BANK, LTD.
㈱大東銀行
—
—
M
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
—
—
The Toho Bank, Ltd.
㈱東邦銀行
—
−100%
Exit
—
3
15,000
M
DESCENTE,LTD.
㈱デサント
—
−100%
Exit
—
16
4,000
M
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ (注)2
—
−100%
Exit
—
27
14,899
THE FUKUSHIMA BANK, LTD.
㈱福島銀行
—
−100%
Exit
—
18
81,650
M
Portfolio total
1,239
651
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding