H.I.S. Co., Ltd.

9603 株式会社エイチ・アイ・エス

Travel Services · Prime · TSE: Disclosed

PRICE: ¥1,019 · MKT CAP: ¥76.2B · P/E: 16.1x · P/B: 1.37x · DIV YIELD: 2.0%

PRICE — 5Y

Characteristics & Business Summary

H.I.S. Co., Ltd. is involved in the arrangement, planning, and sales of overseas and domestic travel, as well as related businesses in Japan, the United States, the rest of Asia, Oceania, Europe, the Middle East, and Africa. The company operates through three...

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

Fiscal Period	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	118,563	142,794	251,866	343,334	373,106
Operating Profit	-64,058	-47,934	1,397	10,854	11,627
Ordinary Profit	-63,299	-49,001	1,446	10,451	11,381
Net Profit	-50,050	-9,547	-2,618	8,717	4,719
EPS	¥-715	¥-129	¥-35	¥117	¥63
DPS	¥0	¥0	¥0	¥0	¥20

Balance Sheet & Valuation Highlights

Total Assets ¥386B

Net Assets (Equity) ¥67B

Equity Ratio 14.4%

ROE (Return on Equity) 10.8%

Cash & Equivalents ¥114B

Interest-Bearing Debt ¥167B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥11B

Major Shareholders

1. 澤田秀雄 24.0%
2. The Master Trust Bank of Japan, Ltd. (Trust Account) 9.8%
3. 有限会社秀インター 5.2%
4. Northern Trust Company 3.0%
5. State Street Bank and Trust Company 3.0%
6. エイチアイエス従業員持株会 1.4%
7. Citibank, N.A. 1.2%
8. Custody Bank of Japan, Ltd. (Trust Account) 1.2%
9. 澤田まゆみ 1.2%
10. State Street Bank and Trust Company 1.0%

Activist Activity

Hideo Sawada 29.47%

2026-05-13 · change

Hideo Sawada 28.51%

2026-01-22 · correction

Hideo Sawada 28.51%

2026-01-21 · change

Hideo Sawada 29.28%

2025-01-08 · change

Hideo Sawada 28.32%

2025-01-08 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥1,693	¥1,931	¥3,371	¥4,595	¥4,992
FCF/Share	¥-405	¥-202	¥416	¥391	¥284
EPS	¥-715	¥-129	¥-35	¥117	¥63
DPS	¥0	¥0	¥0	¥0	¥20
Capital Spending per share	¥0	¥0	¥0	¥0	¥0
Book Value per share	¥595	¥540	¥516	¥521	¥584
Common Shares Outstanding	70M	74M	75M	75M	75M

Financial Aggregates & Margins

Financial Aggregate	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥119B	¥143B	¥252B	¥343B	¥373B
Operating Margin (%)	-54.0%	-33.6%	0.6%	3.2%	3.1%
Net Profit (owners)	¥-50B	¥-10B	¥-3B	¥9B	¥5B
Net Profit Margin (%)	-42.2%	-6.7%	-1.0%	2.5%	1.3%
Working Capital	¥-204B	¥-170B	¥-166B	¥-148B	¥-139B
Total Debt (Interest-bearing)	¥237B	¥237B	¥212B	¥174B	¥167B
Net Worth (Common Equity)	¥42B	¥40B	¥39B	¥39B	¥44B
Return on Total Assets (ROA)	-12.2%	-2.3%	-0.6%	2.1%	1.2%
Return on Common Equity (ROE)	-120.2%	-23.9%	-6.8%	22.4%	10.8%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.