Company profile

Makuake, Inc.

EDINET
E34557
Securities
4479
Industry
Information & Communication
Latest annual securities report
2025-12-10 Annual Securities Report PDF HTML
Latest financial report
2026-04-30 Semiannual Securities Report PDF HTML
Latest filing
—
Compare this company

Industry position

Information & Communication

View details
Profitability Average Current Bottom 46% 5-year trend Improving
Financial strength Strong Based on Equity ratio Current Top 28% 5-year trend Improving
Growth Average Current Top 48% 5-year trend Deteriorating
Cash generation Strong Current Top 16% 5-year trend Improving

Latest half-year results

H1 FY2026

2025/10/01 - 2026/03/31

Standalone · Japanese GAAP · Cumulative YTD

For H1 FY2026, revenue was ¥2.81 billion, up 37.2% year over year. Operating income was ¥568.39 million, up 117.2% year over year. Net income was ¥483.99 million, up 95.4% year over year.

Revenue ¥2.81B up 37.2% year over year
Operating income ¥568.39M up 117.2% year over year
Net income ¥483.99M up 95.4% year over year
Operating cash flow ¥809.59M
Free cash flow ¥785.13M
Total assets ¥8.23B

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Standalone · Japanese GAAP · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2025

Standalone Japanese GAAP

Revenue reached ¥4.58 billion, up 25.3% year over year. Operating income returned to profit at ¥447.26 million. Operating margin was 9.8%. Net income returned to profit at ¥407.26 million. ROE was 7.5%; equity ratio was 72.2%; free cash flow was ¥903.66 million.

Revenue ¥4.58B up 25.3% year over year
Operating income ¥447.26M up 814.0% year over year
Net income ¥407.26M up 493.1% year over year
Total assets¥7.45B
Total equity—
Operating cash flow¥985.08M
Free cash flow¥903.66M

Industry position details

Information & Communication

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Average

Operating margin Top 46% / ROE Bottom 65%

Financial strength Strong
Based on Equity ratio

Equity ratio Top 29%

Growth Average

Revenue growth Top 23% / 3-year revenue CAGR Bottom 74%

Cash generation Strong

Operating cash flow margin Top 21% / Free cash flow margin Top 11%

Profitability Industry position history Improving
2025 Bottom 47% 2024 Bottom 17% 2023 Bottom 11% 2022 Bottom 9% 2021 Bottom 34%
Financial strength Industry position history Improving
2025 Top 33% 2024 Top 27% 2023 Bottom 48% 2022 Top 47% 2021 Top 47%
Growth Industry position history Deteriorating
2025 Top 46% 2024 Bottom 12% 2023 Bottom 29% 2022 Top 46% 2021 Top 6%
Cash generation Industry position history Improving
2025 Top 13% 2024 Bottom 5% 2023 Bottom 8% 2022 Bottom 6% 2021 Bottom 21%
Profitability Operating margin 9.8% Industry median 8.5% Top 46% Comparison sample 262
Profitability ROE 7.5% Industry median 11.1% Bottom 65% Comparison sample 262
Financial strength Equity ratio 72.2% Industry median 60.4% Top 29% Comparison sample 262
Growth Revenue growth +25.3% Industry median +10.0% Top 23% Comparison sample 245
Growth 3-year revenue CAGR +2.9% Industry median +9.3% Bottom 74% Comparison sample 196
Cash generation Operating cash flow margin 21.5% Industry median 9.2% Top 21% Comparison sample 262
Cash generation Free cash flow margin 19.7% Industry median 3.8% Top 11% Comparison sample 262

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2025 Standalone Japanese GAAP 4577997000 447263000 475297000 407256000 7449638000 2033129000 5416509000 5377759000 5416509000 985077000 -81420000 4498000 903657000 5969707000 31.95 32.24 1030.0680 13132027911.6000 421.84 12748700 0.7270835173 0.7219 0.0751879116 0.0546678912 0.0976984039 0.1038220427 0.0889594292 0.2151764189 0.1973913482 0.253281585 8.1402139208 8.892283679 4.9309286411 0.1209416367 0.0801652162 1.8998520156 0.7057601197 -0.7569436939 1.6589192394 0.1794222405 4.9154411765 0.0017286492 -0.0787878788 0.0532876285 152 6760000
FY2024 Standalone Japanese GAAP 3652808000 -62640000 -60223000 -103603000 6645875000 1631356000 5014519000 4966004000 5014519000 -1094710000 -276713000 18506000 -1371423000 5061552000 -8.16 390.21 12726700 0.7545310437 0.7472 -0.0206606057 -0.0155890684 -0.0171484513 -0.0164867685 -0.0283625638 -0.2996899919 -0.3754434944 -0.0413042936 0.8719102226 0.87517799 0.7890285821 -0.1645884691 -0.0178809812 -2.227157757 0.5246444879 0.3211022273 -0.4885155904 -0.2109164453 0.7906618779 0.0071221126 -0.1361256545 0.0018732438 165 6418000
FY2023 Standalone Japanese GAAP 3810185000 -489032000 -482471000 -491076000 7955211000 2849394000 5105816000 5051101000 5105816000 -339218000 -582118000 14008000 -921336000 6414469000 -38.98 399.72 12636700 0.6418203112 0.6349 -0.0961797292 -0.0617301037 -0.1283486235 -0.1266266599 -0.1288850804 -0.0890292729 -0.2418087311 -0.0942878964 -0.5089854357 -0.5946186236 0.6355261713 -0.0363316937 -0.0843801204 0.5899801891 -0.223471601 -0.583813655 0.2929730576 -0.1239216105 0.6375639238 0.0054102652 -0.0052083333 0.0256163945 191 6406000
FY2022 Standalone Japanese GAAP 4206839000 -324080000 -302562000 -1347356000 8255134000 2678784000 5576349000 5528170000 5576349000 -827321000 -475792000 33658000 -1303113000 7321798000 -107.55 439.84 12568700 0.6755007248 0.6697 -0.2416197408 -0.16321431 -0.0770364637 -0.0719214593 -0.320277529 -0.1966609609 -0.3097606065 -0.0897083774 -1.9847432855 -1.9278509855 -6.4628003341 -0.2009779368 -0.1886978543 -6.4639663439 0.1886400881 -0.9914030095 -1.9956689556 -0.1477614327 -6.261741683 0.0132207953 0.2631578947 -0.0281624397 192 6246000
FY2021 Standalone Japanese GAAP 4621419000 329101000 326089000 246642000 10331547000 3458214000 6873332000 6841867000 6873332000 151414000 -586413000 3915091000 -434999000 8591254000 20.44 226.27 4624.9588 57371226426.3600 551.56 12404700 0.6652761682 0.6622 0.0358839061 0.0238727075 0.0712121104 0.0705603625 0.0533693223 0.03276353 -0.0941267174 0.4328732907 -0.3550188241 -0.3631745871 -0.3328049341 0.6735461847 1.5713760893 -0.9409540077 -1.3687616385 1.0463231851 -1.1877602482 0.6814765711 -0.3811686346 0.0631658339 0.652173913 0.019834973 152 6427000
FY2020 Standalone Japanese GAAP 3225281000 510249000 512054000 369670000 6173446000 3500429000 2673017000 2662529000 2673017000 2564340000 -247561000 1913232000 2316779000 5109351000 33.03 321.53 10620.1359 123912559640.4300 228.2 11667700 0.4329862122 0.4313 0.1382969132 0.0598806566 0.1582029597 0.1587626008 0.1146163699 0.7950749098 0.7183184969 1.3993752497 3.0851620858 3.0220403418 3.1529422338 3.4126332432 8.3701300522 5.6031332399 -0.1068581469 94.6616 13.067429307 4.8104385107 2.7070707071 0.1684057681 0.5333333333 0.0668698155 92 6302000
FY2019 Standalone Japanese GAAP 1344217000 124903000 127312000 89014000 1399039000 1113769000 285270000 285270000 285270000 388352000 -223661000 20000000 164691000 879340000 8.91 28.57 9986000 0.2039042514 0.2039 0.3120342132 0.0636251027 0.0929187773 0.0947108986 0.066219963 0.2889057347 0.1225181648 60 5907000

Source filings

Select a document type to load the filings list.

Select a filing type to load the list.

Document filter

Select filing types

Choose the filing types to display.

Filing types containing financial data are selected by default.

Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp