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Jimoty's Profit Climbs as New Owner Culture Convenience Club Sets Up a Delisting Vote

A completed tender offer has handed Culture Convenience Club control of Jimoty, and an August 28 shareholder vote on share consolidation is the remaining step before the classifieds operator leaves the Tokyo Stock Exchange, even as its ad business and reuse-hub franchise both grew through June 2026.

Aug 14, 20262 min readJimoty,Inc.7082
Interior of a small neighborhood reuse drop-off counter with sorting bins and stacked secondhand goods, illustrating Jimoty's local exchange business.

Jimoty, the operator of Japan's local classifieds site, booked ¥1.10bn in sales for the six months to June 2026, up 16.3% from a year earlier, and operating profit of ¥329.3mn, up from ¥278.7mn. Net profit rose a more modest 6.9% to ¥253.0mn, and the company's equity ratio improved to 72.3% from 67.4% a year earlier.

Jimoty: six months to June, year on year
Figures from Jimoty's semiannual securities report; thousand-yen source figures converted to compact yen notation.
MetricH1 2025 (Jan-Jun 2025)H1 2026 (Jan-Jun 2026)
Net sales¥945.1mn¥1.10bn
Operating profit¥278.7mn¥329.3mn
Ordinary profit¥284.2mn¥340.5mn
Net profit¥236.8mn¥253.0mn
Equity ratio67.4%72.3%

Much of the growth is unglamorous but durable. Jimoty said advertising revenue stabilized once the drag from iOS and browser cookie restrictions worked through the comparison, and revenue tied to database links and e-commerce, rather than page views, kept climbing. The more interesting line is Jimoty Spot, its network of municipal-partnered reuse drop-off points: the company opened 16 new franchise locations in the half, taking the total to 43, 24 more than a year earlier, and revenue from that unit jumped 103.1%. It is also testing a smaller "Jimoty Spot Mini" format inside a discount liquor retailer's stores and a new franchise arrangement with a nationwide moving-services company.

The filing's disclosure on material contracts is the bigger story, though. Jimoty's board addressed an agreement with Culture Convenience Club, the company behind the TSUTAYA book and video chain, at a May 15, 2026 meeting. A tender offer subsequently completed, and once Culture Convenience Club's holding passed half of Jimoty's voting rights, it became the company's new parent, main shareholder and largest shareholder, a status change that took effect July 6, 2026. NTT Docomo and Protocorporation, both previously major shareholders, lost that status the same day.

On August 6, 2026, Jimoty's board called an extraordinary shareholder meeting for August 28 to vote on a share consolidation and on abolishing the company's unit-share provisions, the mechanical steps needed to squeeze out remaining minority holders and take the company private. That vote, not the tender offer itself, is what determines whether Jimoty comes off the Tokyo Stock Exchange Growth market. The semiannual report was filed with the Kanto Local Finance Bureau on August 14, 2026, the company's first submission under this filing requirement.

The two halves of this filing sit oddly together: an operating business that just posted its best half-year profit growth in some time, reported under a corporate structure that is scheduled to be dismantled within two weeks. Investors reading the numbers should keep the timeline straight. The revenue and profit figures cover January through June 2026, before Culture Convenience Club's stake became controlling. The delisting itself has not happened yet; it depends on shareholders approving the share consolidation on August 28.