9478
SE Holdings and Incubations Co., Ltd.
SEホールディングス・アンド・インキュベーションズ株式会社
Information & Communication
SE Holdings and Incubations Co., Ltd. primarily engages in the publishing business in Japan. The company is involved in publishing and selling computer-related books and magazines; organizing computer-related conferences and trainings; delivering computer-related technology information through web; publishing and selling common and translated books; selling software and hardware through online shops; selling other computer-related products and services; and real estate leasing activities. It also develops and sells entertainment software and mobile Internet technologies and services. In addition, the company plans and manufactures sub-contracting services for product accessories and enclosures, as well as offers product marketing and sales promotion related services; support services for engineers; and company PR/IR support services for IT related companies. Further, it offers IT education, as well as provides job referral services for the health professionals; and administrative agency services. Additionally, the company produces, publishes, and sells teaching materials; and plans and manages seminars for examinees of qualified certified electrician test. Further, it also provides content for media, such as e-books, e-learning, online magazines, software, events, seminars, distance learning, and much more. The company was formerly known as SHOEISHA Co., Ltd. SE Holdings and Incubations Co., Ltd. was incorporated in 1985 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥7.0B
¥7.2B
¥7.3B
¥7.3B
¥7.1B
Cost of Sales
¥3.6B
¥3.7B
¥3.6B
¥3.5B
¥3.2B
Gross Profit
¥3.4B
¥3.5B
¥3.7B
¥3.9B
¥3.8B
SG&A
¥2.4B
¥2.7B
¥2.5B
¥2.4B
¥2.4B
Operating Income
¥955M
¥817M
¥1.2B
¥1.4B
¥1.5B
Non-Operating Income
¥18M
¥22M
¥79M
¥24M
¥9M
Dividend Income
—
¥0M
¥0M
¥0M
¥5M
Interest Income
—
¥1M
¥0M
¥0M
¥0M
Non-Operating Expenses
—
¥29M
¥151M
¥70M
¥70M
Interest Expense
—
¥20M
¥13M
¥11M
¥11M
Ordinary Income
¥803M
¥810M
¥1.1B
¥1.4B
¥1.4B
Pre-tax Income
¥927M
¥803M
¥1.1B
¥1.4B
¥1.4B
Income Taxes
¥293M
¥272M
¥397M
¥421M
¥481M
Current Tax
—
¥287M
¥364M
¥425M
¥509M
Deferred Tax
—
¥-15M
¥33M
¥-4M
¥-27M
Net Income (owners)
¥633M
¥531M
¥729M
¥965M
¥907M
Comprehensive Income
—
¥995M
¥2.0B
¥1.1B
¥1.1B
EBITDA
¥1.0B
¥872M
¥1.3B
¥1.5B
¥1.5B
EPS
¥39.90
¥30.58
¥38.62
¥46.76
¥41.69
Shares Outstanding
—
16.4M
18.0M
19.5M
21.5M
Shares Issued (total)
—
18.1M
19.1M
21.2M
23.5M
Treasury Shares
—
1.6M
1.1M
1.7M
2.0M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥18.7B
¥15.5B
¥14.5B
¥11.9B
¥11.3B
Current Assets
¥17.2B
¥13.7B
¥12.6B
¥9.9B
¥9.3B
Cash & Deposits
¥3.0B
¥2.7B
¥3.0B
¥2.6B
¥3.1B
Trade Receivables
—
¥1.7B
¥1.8B
¥1.9B
¥1.7B
Non-Current Assets
¥1.5B
¥1.8B
¥1.9B
¥2.0B
¥2.1B
PP&E
¥1.1B
¥1.4B
¥1.4B
¥1.5B
¥1.5B
Intangible Assets
—
¥48M
¥43M
¥36M
¥41M
Investment Securities
¥121M
¥115M
¥150M
¥189M
¥204M
Deferred Tax Assets
—
¥87M
¥87M
¥103M
¥128M
Total Liabilities
¥7.5B
¥6.5B
¥5.9B
¥4.9B
¥4.9B
Current Liabilities
¥3.9B
¥3.9B
¥3.8B
¥3.9B
¥3.8B
ST Debt
¥2.4B
¥2.2B
¥1.9B
¥1.9B
¥1.9B
Taxes Payable
—
¥98M
¥133M
¥154M
¥287M
Non-Current Liabilities
¥3.6B
¥2.6B
¥2.1B
¥1.0B
¥1.1B
Total LT Borrowings
¥1.2B
¥1.1B
¥919M
¥455M
¥529M
Pension Obligations
—
¥457M
¥423M
¥392M
¥381M
Deferred Tax Liab.
—
¥860M
¥627M
—
—
Total Equity
¥11.2B
¥9.0B
¥8.5B
¥7.0B
¥6.4B
Capital Stock
—
¥1.5B
¥1.5B
¥1.5B
¥1.5B
Capital Surplus
—
¥472M
¥730M
¥1.2B
¥1.8B
Retained Earnings
¥5.6B
¥5.1B
¥4.6B
¥4.0B
¥3.0B
Treasury Stock
—
¥-451M
¥-295M
¥-369M
¥-414M
AOCI
—
¥2.4B
¥1.9B
¥613M
¥525M
Equity (owners)
¥6.8B
¥6.7B
¥6.6B
¥6.4B
¥5.9B
Total Interest-Bearing Debt ⓘ
¥3.6B
¥3.4B
¥2.8B
¥2.4B
¥2.4B
Net Cash ⓘ
¥-604M
¥-682M
¥154M
¥266M
¥753M
NCAV ⓘ
¥9.8B
¥7.2B
¥6.6B
¥5.0B
¥4.4B
NCAV/Share
—
¥439
¥369
¥255
¥203
BV/Share
—
¥405
¥367
¥326
¥274
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥344M
¥-261M
¥479M
¥-11M
¥609M
Interest Paid
—
¥-21M
¥-14M
¥-8M
¥-10M
Interest Received
—
¥2M
¥0M
¥0M
¥4M
D&A
¥58M
¥55M
¥51M
¥55M
¥61M
Investing CF
¥459M
¥-16M
¥45M
¥-2M
¥-53M
CapEx
¥7M
¥44M
¥20M
¥11M
¥11M
Purchase Investments
—
¥-9M
¥-12M
¥-13M
¥-10M
Proceeds from Invest.
—
¥62M
¥68M
¥37M
—
Financing CF
¥-509M
¥-15M
¥-195M
¥-492M
¥-311M
Dividends Paid
—
¥-63M
¥-58M
¥-43M
¥-44M
Share Buybacks
—
¥-443M
¥-463M
¥-460M
¥-136M
LT Debt Repaid
—
¥-308M
¥-268M
¥-221M
¥-133M
Free Cash Flow
¥337M
¥-305M
¥459M
¥-22M
¥598M
Net Change in Cash
—
¥-293M
¥334M
¥-500M
¥248M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
6.2%
6.1%
9.4%
14.4%
15.2%
ROA
3.7%
3.5%
5.5%
8.3%
8.0%
EPS
¥39.90
¥30.58
¥38.62
¥46.76
¥41.69
DPS
¥0.00
¥3.50
¥3.50
¥3.00
¥2.00
BPS
¥734.71
¥549.97
¥474.22
¥357.57
¥298.96
FCF/Share
—
¥-19
¥26
¥-1
¥28
NCAV/Share
—
¥439
¥369
¥255
¥203
Payout Ratio
0.0%
11.4%
9.1%
6.4%
4.8%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 9
Date Activist Stake Event Flag Demands Source
2025-07-10
KOICHI SHINOZAKI
5.47%
correction
Passive
—
2025-07-09
KOJI HAYAMI
16.32%
+1.08%
change
Passive
—
2025-07-08
KOICHI SHINOZAKI
5.47%
initial_5pct
Passive
—
2025-02-20
Sumitomo Mitsui DS Asset Management Company, Limited
3.89%
-1.39%
change
Passive
—
2024-11-15
KOJI HAYAMI
15.24%
correction
Passive
—
2024-11-07
KOJI HAYAMI
15.24%
+1.63%
change
Passive
—
2024-11-07
Sumitomo Mitsui DS Asset Management Company, Limited
5.28%
initial_5pct
Passive
—
2023-11-08
KOJI HAYAMI
13.61%
correction
Passive
—
2023-11-06
KOJI HAYAMI
13.61%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-08
15:30
Buyback
—
Board resolved to repurchase up to 400,000 shares.
Summary
Board resolved to repurchase up to 400,000 shares.
Shares: 400,000
Source (JP)
株式の種類
当社普通株式
(2)取得する株式の総数
400,000 株(上限)
(発行済株式総数(自己株式を除く。) に対する割合 2.62%
(3)株式の取得価額の総額
160 百万円(上限)
(4)自己株式取得の日程
2026 年5月 11 日~2026 年6月
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
速水浩二
2,756,533
16.76%
2
篠﨑晃一
902,607
5.49%
3
日本証券金融株式会社
884,700
5.38%
4
CACEIS BK ES IICS CLIENTS(常任代理人 香港上海銀行東京支店)
841,000
5.11%
5
佐々木幹夫
771,407
4.69%
6
上田八木短資株式会社
729,500
4.44%
7
INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社)
597,400
3.63%
8
Nomura Securities Co., Ltd.
野村證券株式会社
437,450
2.66%
9
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
300,500
1.83%
10
三菱UFJモルガン・スタンレー証券株式会社
300,000
1.82%
Domestic Nominees
1.8%
-1.3% 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
50.0%
+5.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
速水浩二
13.76%
15.13%
16.76%
+1.63%
篠﨑晃一
NEW ENTRY
—
—
—
5.49%
NEW
日本証券金融
NEW ENTRY
—
—
—
5.38%
NEW
CACEIS BK ES IICS CLIENTS
NEW ENTRY
—
—
—
5.11%
NEW
佐々木幹夫
3.63%
4.11%
4.69%
+0.58%
上田八木短資
—
3.56%
4.44%
+0.88%
INTERACTIVE BROKERS LLC
NEW ENTRY
—
—
—
3.63%
NEW
Nomura Securities Co., Ltd.
野村證券
—
2.05%
2.66%
+0.61%
Japan Custody Bank
日本カストディ銀行
—
3.10%
1.83%
-1.27%
Morgan Stanley
NEW ENTRY
—
—
—
1.82%
NEW
SBI SECURITIES Co., Ltd.
式会社SBI証券
last seen 2024
Exited Top 10
5.86%
8.75%
—
篠崎晃一
last seen 2024
Exited Top 10
4.27%
4.82%
—
吉田知広
last seen 2024
Exited Top 10
3.46%
3.18%
—
河口隆俊
last seen 2024
Exited Top 10
1.48%
1.61%
—
青山正彦
last seen 2024
Exited Top 10
1.28%
1.28%
—
バンクオブニューヨークジーシーエムクライアントアカウントジェイピーアールディアイエスジーエフイー―エイシー
last seen 2023
Exited Top 10
1.54%
—
—
近藤誠聡
last seen 2023
Exited Top 10
1.54%
—
—
りそな銀行
last seen 2023
Exited Top 10
3.79%
—
—
Concentration (HHI)
ⓘ
290
386
435
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved