Net cash basis: Cash and deposits 3,795M yen with no interest-bearing debt, Q1 FY2026 consolidated balance sheet (2026-03-31).
Revenue, operating profit, and operating margin by fiscal year
Annual figures as filed (Japanese GAAP, ¥M). FY2021–FY2023 are non-consolidated (parent only); Toyokumo consolidated from FY2024 after acquiring Toyokumo Cloud Connect (November 2023) and Project Mode (January 2025), so growth rates across the FY2023/FY2024 boundary mix bases. FY2026E is the company's own guidance. Links open the English disclosure when the company provides one; [JA] marks Japanese-only documents.
| FY | Revenue | YoY | Op Profit | YoY | OPM | Net Income | EPS ¥ | DPS ¥ | Disclosure |
|---|---|---|---|---|---|---|---|---|---|
| FY2021 | 1,576 | — | 419 | — | 26.6% | 286 | 28.25 | 5.00 | Annual report [JA] |
| FY2022 | 1,937 | +22.9% | 639 | +52.5% | 33.0% | 427 | 42.19 | 7.00 | Annual report [JA] |
| FY2023 | 2,434 | +25.7% | 875 | +36.9% | 35.9% | 631 | 59.61 | 10.00 | Annual report [JA] |
| FY2024 | 3,146 | +29.3% | 1,162 | +32.8% | 36.9% | 841 | 77.14 | 14.00 | Annual report [JA] |
| FY2025 | 4,858 | +54.4% | 1,605 | +38.1% | 33.0% | 1,085 | 99.31 | 20.00 | Annual report [JA] |
| FY2026E | 5,800 | +19.4% | 1,900 | +18.4% | 32.8% | 1,300 | 119.25 | 27.00 | Guidance (FY2025 tanshin) [JA] |
Net income is profit attributable to owners of the parent. The shaded row is the company's own forecast, not a JII estimate.
Standalone quarters — the last 13
Standalone quarters derived from each period's own disclosure (year-to-date differences, ¥M). FY2023 quarters are non-consolidated; FY2024 onward consolidated. FY2024 Q1 reflects the finalized Project Mode purchase-price allocation as restated in the FY2025 Q1 comparison. Q4 rows are derived as full year minus nine months.
| Quarter | Revenue | YoY | Op Profit | YoY | OPM | Net Income | Disclosure |
|---|---|---|---|---|---|---|---|
| FY23 Q1 | 555 | — | 270 | — | 48.6% | 187 | Quarterly report [JA] |
| FY23 Q2 | 587 | — | 272 | — | 46.3% | 188 | — |
| FY23 Q3 | 621 | — | 122 | — | 19.6% | 84 | — |
| FY23 Q4 † | 670 | — | 212 | — | 31.6% | 172 | Annual report [JA] |
| FY24 Q1 | 699 | +25.9% | 261 | -3.3% | 37.3% | 180 | Quarterly report [JA] |
| FY24 Q2 | 751 | +27.9% | 299 | +9.9% | 39.8% | 207 | — |
| FY24 Q3 | 802 | +29.1% | 282 | +131.1% | 35.2% | 196 | — |
| FY24 Q4 † | 896 | +33.7% | 321 | +51.4% | 35.8% | 259 | Annual report [JA] |
| FY25 Q1 | 1,077 | +54.1% | 331 | +26.8% | 30.7% | 219 | — |
| FY25 Q2 | 1,170 | +55.8% | 524 | +75.3% | 44.8% | 343 | Semi-annual report [JA] |
| FY25 Q3 | 1,265 | +57.7% | 445 | +57.8% | 35.2% | 288 | Q3 tanshin [JA] |
| FY25 Q4 † | 1,346 | +50.2% | 304 | -5.3% | 22.6% | 235 | Annual report [JA] |
| FY26 Q1 | 1,389 | +29.0% | 600 | +81.3% | 43.2% | 401 | Q1 tanshin [JA] |
† Fourth quarters are derived as the full year minus the nine-month cumulative. YoY compares the same quarter a year earlier.
Cap table and the latest capital-allocation signals
Major shareholders · as of 2025-12-31
| Holder | Shares | Ratio | |
|---|---|---|---|
| 1 | Nanobank Inc. (CEO Yamamoto's asset-management company)株式会社ナノバンク | 5,000,000 | 45.66% |
| 2 | Cybozu, Inc.サイボウズ株式会社 | 800,000 | 7.30% |
| 3 | Tomohiko Tazato (executive officer)田里友彦 | 472,000 | 4.32% |
| 4 | Yuichi Ochiai落合雄一 | 450,000 | 4.11% |
| 5 | Yuji Yamamoto (founder & CEO)山本裕次 | 356,000 | 3.25% |
| 6 | Samurai Capital Inc.株式会社サムライキャピタル | 330,000 | 3.01% |
| 7 | Kazuhiko Ishii (director)石井和彦 | 233,000 | 2.13% |
| 8 | Masanori Kinoshita木下正則 | 207,000 | 1.90% |
| 9 | SIX SIS Ltd. (custodian)SIX SIS LTD. | 175,000 | 1.60% |
| 10 | Interactive Brokers LLC (custodian)INTERACTIVE BROKERS LLC | 134,000 | 1.22% |
Ratios as filed: percent of shares outstanding excluding treasury shares at fiscal year-end (treasury 56,300 shares at 2025-12-31; 117,000 at 2026-03-31 after the February 2026 buyback began). Share counts are disclosed in thousands and shown here multiplied out. Source: FY2025 annual securities report (filed 2026-03-24) [JA]
Nanobank — founder-CEO Yuji Yamamoto's asset-management company — is the only filer group still above the 5% large-shareholding line; the other IPO-era filers (executives and early holders) have all amended below 5%. With Cybozu's 7.3% on top (Toyokumo is a 2010 Cybozu spin-out), free float is roughly 40%.
5%-Rule Filings · current positions
Held as stable shareholder; the filing describes both entities as asset-management companies of the representative director. Filing [JA]
Stake moves over 1% · filing timeline
Tomohiko Tazato (executive officer) — Sold below the 5% line — 5.97% to 4.25% (467,301 shares; filed 2024-11-21). Filing [JA]
Nanobank (founder-CEO Yamamoto's vehicle) — Trimmed from 48.18% to 45.47% (5,000,000 shares; group 45.74% with Nano Estate; filed 2024-05-22) — still the controlling block. Filing [JA]
Yuji Yamamoto (founder & CEO, personal stake) — Personal holding below the 5% line — 6.00% to 4.84% (filed 2023-11-24); his control runs through Nanobank. Filing [JA]
Yuichi Ochiai — 5.69% to 4.27% (filed 2023-11-24). Filing [JA]
IPO-date filers — Listing-day 5%-rule filings: Nanobank 48.94%, Cybozu 8.00%, Toru Akaura 7.00%, Yuji Yamamoto 6.00% — the Cybozu spin-out cap structure the register still reflects.
The disclosures worth your time
The documents a first-time reader of this company actually needs, in reading order. Direct PDFs where the link is durable; everything else lives on the company's own library pages below. English documents are linked whenever the company provides them; [JA] marks items where no English version exists.
Toyokumo, Inc. — official IR site ↗ (Japanese only; the company publishes no English IR site)Key documents
2026-05-14 Start here Q1 FY2026 earnings briefing deck — product-line KPIs (Anpi safety-confirmation, kintone integration, NotePM), ARR, churn [JA] 2026-05-14 Results Q1 FY2026 tanshin (consolidated financial results, JGAAP) [JA] 2026-02-13 Results FY2025 tanshin — revenue +54.4%, operating profit +38.1%, first full year with Project Mode consolidated [JA] 2026-02-13 Strategy Business plan and growth potential (TSE Growth disclosure, 74pp) — the company's de-facto medium-term plan, refreshed annually with full-year results [JA] 2026-02-13 Capital policy First-ever buyback decision — up to 150,000 shares (1.4% of shares outstanding), 300M-yen cap, February 16 to May 29, 2026 [JA] 2026-05-14 Monthly KPI April 2026 monthly sales flash — 500M yen, +33.2% YoY (the company publishes a sales flash every month) [JA] 2026-03-24 Annual report FY2025 annual securities report (YUHO) — full financials, single-segment notes, cap table [JA]Published Compounder Profiles on Toyokumo, Inc.
Long-form JII analysis. New write-ups are added here as results come in; the overview above always carries the latest numbers.
2026-05-18 JII Compounder Profile — Initiation ↗A founder-controlled kintone-ecosystem SaaS that grew FY2025 revenue 54% across its safety-confirmation, kintone-integration, and NotePM lines at a 33% operating margin, and announced its first-ever buyback with FY2025 results. Central debates: whether the FY2026 deceleration to +19% guided growth is conservatism or a real slowdown, and whether the Project Mode acquisition earns back its goodwill.
This is not investment advice. Japan Investor Interface Co., Ltd. ("JII") is an investor-relations consultancy, not a registered investment advisor, broker-dealer, or securities firm in any jurisdiction, and is not registered as a Financial Instruments Business Operator under Japan's Financial Instruments and Exchange Act. This page is an editorial compilation of publicly disclosed information for educational and research purposes. Nothing here constitutes a recommendation or solicitation to buy, sell, or hold any security. Figures may be incomplete, out of date, or incorrect; company forecasts are the company's own and are inherently uncertain. JII does not trade in or hold positions in the securities of companies profiled. Before making any investment decision, consult qualified, licensed advisors and rely on primary disclosures issued by the company.
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