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Base

BASE

4477 · TSE · Information & Communication · 4 articles

Financials Consolidated

Revenue¥20.7bn+29.7% year on yearConsolidated · FY12/25

Ordinary profit¥1.64bn+106.5% year on yearConsolidated · FY12/25

Net profit¥1.83bn+437.1% year on yearConsolidated · FY12/25

Dividend per share¥5.00FY12/25

Performance over time

Revenue
¥9.93bnFY12/21
¥9.74bnFY12/22
¥11.7bnFY12/23
¥16.0bnFY12/24
¥20.7bnFY12/25
Ordinary profit
−¥960mFY12/21
−¥1.50bnFY12/22
−¥409mFY12/23
¥796mFY12/24
¥1.64bnFY12/25
Net profit (attributable)
−¥1.19bnFY12/21
−¥1.73bnFY12/22
−¥606mFY12/23
¥340mFY12/24
¥1.83bnFY12/25
Op. cash flow
¥1.78bnFY12/21
−¥1.71bnFY12/22
−¥80.0mFY12/23
¥3.66bnFY12/24
¥3.28bnFY12/25

People & pay

Employees, whole group401 peopleFY12/25

Employees, parent company (non-consolidated)247 peopleFY12/25

Average salary¥8.00mFY12/25

Average salary is for the parent company's own employees (non-consolidated), as Japanese annual reports disclose it.

Five-year history
Five-year history
Fiscal yearRevenueOrdinary profitNet profit (attributable)EPSTotal assetsNet assetsOp. cash flow
FY12/25¥20.73bn+29.7% year on year¥1,644m¥1,826m¥15.87¥57.8bn¥15.1bn¥3,283.0m
FY12/24¥15.98bn+36.8% year on year¥796m¥340m¥2.94¥46.3bn¥13.6bn¥3,657.0m
FY12/23¥11.68bn+19.9% year on year−¥409m−¥606m−¥5.31¥37.3bn¥13.0bn−¥80.0m
FY12/22¥9.74bn−1.9% year on year−¥1,495m−¥1,732m−¥15.46¥31.3bn¥13.5bn−¥1,706.0m
FY12/21¥9.93bn−¥960m−¥1,194m−¥10.80¥32.0bn¥15.1bn¥1,782.0m

Per-share figures are as each report states them: a share split is restated only for the year before it, and dividends are as paid.

Figures from annual report S100XSMS · Japan GAAP. Each figure's years come from one report's five-year summary.

Latest coverage

TSE:4477

  1. SBI's BASE offer buys all 90,944 tendered shares, leaving it at 0.08% against a 20% cap

    SBI Holdings' vehicle will buy all 90,944 BASE shares tendered, against a cap of 23,792,300, leaving it at 0.08% and short of making BASE an equity-method affiliate; the alliance structure is now up for discussion.

  2. SBI Extends BASE Offer to October 21 After Major Shareholder Signals Buying Past 30%

    SBI's vehicle kept its ¥340 BASE offer and 20.67% cap but extended the deadline to October 21 and pushed settlement to October 28, after a major shareholder said he would resume buying to pass 30%.

  3. BASE Says a Major Shareholder Will Resume Buying Toward a Stake Above 30%

    A major BASE shareholder has told the company it will buy again from October 2 to push its holding past 30%, after a disagreement over management support, while the board keeps backing SBI Holdings' extended tender offer and stays neutral on tendering.

  4. SBI Gives BASE Holders Until October 15 to Tender at an Unchanged ¥340

    SBI Holdings' offer vehicle lengthened its ¥340-a-share bid for BASE from 20 to 30 business days after reviewing how holders had tendered, with the 20.67% ceiling and BASE's neutral stance untouched.

Tender offers

Recent offers involving this company.

1 offer · data through

Tender offers
RoleOfferorPrice / shareDeadlineTarget opinionFiling
TargetSBINM合同会社¥340Post-offer stake 0.08%Minimum shares: 0SucceededSupportShareholders decideFiled · Filing 1 S100YZOD Filing 2 S100Z11G
+4 more filingsFiling 3 S100Z5EO Filing 4 S100Z6MA Filing 5 S100Z6MO Filing 6 S100Z9B5

Buybacks

Authorised and executed under the company’s current programmes.

1 programme · data through

The line marks how much of the buying window has passed; a bar beyond it is buying ahead of pace.

Buybacks
ResolutionProgress by companyFiling
Runs to 31 Dec 20260% of yen limit used¥0 / ¥1bn · 0 / 3.8m shares62% of the buying window to 31 Dec 2026 has passedFiled  — filing S100Z2DJ

5% holders

Latest disclosed holders and exits below 5%.

1 holder · data through

5% holders
HolderStakeChangePurposeFiling
牧 寛之3.03% own · 28.36% group of 2+0.00 ppFounder, insider or family
Read full ownership purpose・The filer previously held shares for the purpose of involvement in management and improvement of governance through the exercise of voting rights and other shareholder rights, with the aim of enhancing the issuer's corporate value and maximizing total shareholder return. However, on 23 Oct 2026, the filer obtained from the issuer the following 4 assurances (hereinafter referred to as the 'Assurances'). 1 With respect to the 'Commitment to the transition to a company with a nominating committee, etc.', the issuer will begin concrete examination, including identifying practical issues, with the aim of submitting a proposal regarding the transition to a company with a nominating committee, etc. at the ordinary general meeting of shareholders in 2028 3, and will disclose this as a commitment of the issuer, including President Tsuruoka. 2 With respect to the 'Setting and introduction of a clear TSR (total shareholder return) target and commitment toward its achievement', the issuer will positively consider introducing TSR as a target, and will disclose this as a commitment of the issuer, including President Tsuruoka.
Machine translated
Original (Japanese)・提出者は、従前は、議決権その他の株主権の行使を通じた経営関与及びガバナンスの改善により、発行者の企業価値の向上及び株主総利回りの最大化を図ることを保有目的としておりました。しかるに、提出者は、2026年10月23日に、発行者より、次の4点の確約を得るに至りました(以下「本件確約」といいます。)。1 「指名委員会等設置会社への移行に対するコミットメント」に関しては、2028年3月の定時株主総会において指名委員会等設置会社への移行に関する議案を上程することを目指して、実務上の課題の洗い出しを含めた具体的な検討を開始することとし、鶴岡社長を含めた発行者のコミットメントとして、その旨を開示する。2 「明確なTSR(株主総利回り)目標の設定・導入と、その達成に向けたコミットメント」に関しては、TSRを目標として導入することを前向きに検討することとし、鶴岡社長を含めた発行者のコミットメントとして、そ
Filed  — filing S100Z9TG

Cross-holdings

Strategic shareholdings and sales, by fiscal year.

6 fiscal years · data through

Balance-sheet value
¥20.0mFY12/22
¥28.0mFY12/23
¥24.0mFY12/24
¥79.0mFY12/25

Balance-sheet value is the reporting company's own listed holdings (its largest holding subsidiary's where marked), carried at market value; the percentage divides it by consolidated net assets in the same annual report.

Cross-holdings
Fiscal year endHoldings (issuers)Balance-sheet value% of consolidated net assetsIssues cutSale proceedsFiling
31 Dec 20251¥79m0.52%——Filed  — filing S100XSMS
Show 5 more fiscal years (6 total)
Cross-holdings
Fiscal year endHoldings (issuers)Balance-sheet value% of consolidated net assetsIssues cutSale proceedsFiling
31 Dec 20241¥24m0.18%——Filed  — filing S100VI9G
31 Dec 20231¥28m0.22%——Filed  — filing S100T57E
31 Dec 20221¥20m0.15%——Filed  — filing S100QGKX
31 Dec 2021No listed strategic holdings reported————Filed 
31 Dec 2020No listed strategic holdings reported————Filed 

Fund positioning

Current holdings disclosed by tracked funds.

3 funds · data through

Held by 3 tracked funds; largest weight 0.46%. Holdings as of 12 Nov 2026.

Fund positioning
FundNAV weight
JPX Startup100 ETF0.46%
TSE Growth 250 ETF0.38%
Global X Japan Fintech ETF0.10%