Services · Fiscal year end Dec 31

ValueCommerce Co., Ltd.

2491

バリューコマース株式会社

FIGI BBG000MLD2542491.T2491 JPCorp. no. 1010401062075

Financials

Japan GAAP · consolidated · fiscal year to 2025-12-31

Revenue: ¥24.2bn
Net income: ¥487m
ROE: 3.9%
Equity ratio: 75.5%
Dividend / share: ¥49
Employees: 381

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2025-12-31	¥24.2bn	¥0.5bn	¥16.1bn	¥12.2bn	3.9%	¥22.52	¥1.9bn
2024-12-31	¥30.4bn	¥2.9bn	¥19.6bn	¥12.9bn	16.2%	¥113.24	¥3.5bn
2023-12-31	¥29.4bn	¥3.4bn	¥28.4bn	¥22.5bn	15.7%	¥105.16	¥3.5bn
2022-12-31	¥35.7bn	¥5.8bn	¥28.2bn	¥20.8bn	31.1%	¥179.6	¥6.8bn
2021-12-31	¥33.6bn	¥3.3bn	¥23.9bn	¥16.6bn	20.9%	¥100.92	¥5.4bn

Indicators

Computed by us from filings · fiscal year to 2025-12-31

Metric	Value	Percentile among listed companies
ROE, %	3.9	18.9
Ordinary margin	0.0613	45.5
Equity ratio, %	75.5	83.7
Revenue growth	-0.2052	2.6
Net income growth	-0.8294	8.1
Operating cash flow / assets	0.1191	81.2

Policy-uncertainty measure0.00 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 1 new 5% holder(s) in 180 days; net stake change +1.13pt in 90 days; 0.0% held by other listed companies.

Results wording balance: +0.71. Proprietary text method; it describes the wording only and does not interpret context.

Via /v1/companies/2491/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-03-26: see filing 上記の評価の結果、当連結会計年度末日時点において、当社グループの財務報告に係る内部統制は有効であると判断いたしました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Marketing Solutin Business, Travel Tech Business, EC Solution Business. /v1/companies/2491/segments

Latest voting result: 2026-03-25 · 定款の一部変更の件 · passed. /v1/companies/2491/voting

Latest tender-offer filing: 2024-04-10 · result · バリューコマース株式会社. /v1/companies/2491/tender-offers

Ownership changes

All companies →

2026-11-06

Increase+1.13pt

Kaname Capital, L.P. raised holdings in ValueCommerce Co., Ltd. (2491) to 11.97% from 10.84%.

S100ZCKVFiler profile Original filing (PDF, Japanese)
2026-10-13

Increase+1.13pt

Kaname Capital, L.P. raised holdings in ValueCommerce Co., Ltd. (2491) to 11.97% from 10.84%.

S100Z7GSFiler profile Original filing (PDF, Japanese)
2026-08-18

Amendment+1.13pt

Kaname Capital, L.P. filed a correction to a 5% report on ValueCommerce Co., Ltd. (2491).

S100YXHKFiler profile Original filing (PDF, Japanese)
2026-08-17

Decrease−1.13pt

Kaname Capital, L.P. reduced holdings in ValueCommerce Co., Ltd. (2491) to 9.71% from 10.84%.

S100YXAEFiler profile Original filing (PDF, Japanese)
2026-08-17

Threshold

Holdings of Kaname Capital, L.P. in ValueCommerce Co., Ltd. (2491) moved below 10% (10.84% -> 9.71%).

S100YXAEFiler profile Original filing (PDF, Japanese)
2026-06-23

Purpose change+1.00pt

Kaname Capital, L.P. changed its stated purpose for holding ValueCommerce Co., Ltd. (2491): pure_investment -> pure_investment, undervaluation_thesis.

S100YHFYFiler profile Original filing (PDF, Japanese)
2026-06-23

Increase+1.00pt

Kaname Capital, L.P. raised holdings in ValueCommerce Co., Ltd. (2491) to 9.71% from 8.71%.

S100YHFYFiler profile Original filing (PDF, Japanese)
2026-06-09

Increase+1.85pt

Kaname Capital, L.P. raised holdings in ValueCommerce Co., Ltd. (2491) to 8.71% from 6.86%.

S100Y9UDFiler profile Original filing (PDF, Japanese)
2026-05-12

New 5% stake

Kaname Capital, L.P. disclosed a 6.86% stake in ValueCommerce Co., Ltd. (2491), crossing the 5% reporting threshold.

S100Y39XFiler profile Original filing (PDF, Japanese)
2026-03-23

Below 5%−1.76pt

Arrowstreet Capital, Limited Partnership cut holdings in ValueCommerce Co., Ltd. (2491) to 3.56% from 5.32%, below the 5% threshold.

S100XSM6Filer profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
Kaname Capital,L.P.	2026-04-03 – 2026-10-28	+3,451,400	+10.01pt	—	—
Zホールディングス中間株式会社	2024-05-02 – 2025-08-08	-16,788,400	−48.70pt	¥1,029	¥1,029–1,029

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/2491/trades.

5% filings

Large shareholding reports on 2491

Filed	Filer	Stake	Change	Stated purpose
2026-11-06	Kaname Capital, L.P.	11.97%	+1.13pt	pure investment undervaluation thesis
2026-10-13	Kaname Capital, L.P.	11.97%	+1.13pt	pure investment undervaluation thesis
2026-08-18	Kaname Capital, L.P.	10.84%	+1.13pt	pure investment undervaluation thesis
2026-08-17	Kaname Capital, L.P.	9.71%	−1.13pt	pure investment undervaluation thesis
2026-06-23	Kaname Capital, L.P.	9.71%	+1.00pt	pure investment undervaluation thesis
2026-06-09	Kaname Capital, L.P.	8.71%	+1.85pt	pure investment
2026-05-12	Kaname Capital, L.P.	6.86%	—	pure investment
2026-03-23	Arrowstreet Capital, Limited Partnership	3.56%	−1.76pt	pure investment
2026-01-09	Arrowstreet Capital, Limited Partnership	5.32%	—	pure investment
2025-10-07	Barclays Capital Securities Ltd.	0.63%	−4.88pt	—

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: — issues
Book value: —
Sold in the year: — — issues
Bought in the year: — — issues
Mutual, both reports: 0
Held by listed cos.: 0

Purposes, all holdings and mutual flags via /v1/companies/2491/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2025-12-31

Shareholder	Shares	Ratio
日本マスタートラスト信託銀行株式会社（信託口）	1,765,000	8.14%
株式会社日本カストディ銀行（信託口）	531,500	2.45%
STATE STREET BANK AND TRUST COMPANY 505103	443,600	2.04%
JPLLC CLIENT ASSETS-SK J	434,908	2.00%
individual holder	368,900	1.70%
JP JPMSE LUX RE BARCLAYS CAPITAL SEC LTD EQ CO	335,000	1.54%
モルガン・スタンレーMUFG証券株式会社	327,319	1.51%
野村信託銀行株式会社（投信口）	284,700	1.31%
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)	241,433	1.11%
THE BANK OF NEW YORK MELLON 140044	209,400	0.96%

U.S. funds holding 2491

SEC Form N-PORT, reports to 2026-07-31

23 U.S. funds held 370,600 shares worth $1.1m.

Fund	Shares	Value	% of fund	As of
INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	99,800	$0.3m	0.001%	2026-07-31
THE JAPANESE SMALL COMPANY SERIES DFA INVESTMENT TRUST CO	52,400	$0.2m	0.004%	2026-07-31
International Vector Equity Portfolio DFA INVESTMENT DIMENSIONS GROUP INC	23,900	$0.1m	0.002%	2026-07-31
WisdomTree Japan SmallCap Dividend Fund WisdomTree Trust	23,200	$0.1m	0.017%	2026-06-30
Dimensional International Core Equity 2 ETF Dimensional ETF Trust	20,701	$0.1m	0.000%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/2491
GET /v1/companies/2491/financials
GET /v1/companies/2491/details
GET /v1/companies/2491/segments
GET /v1/companies/2491/voting
GET /v1/companies/2491/tender-offers
GET /v1/companies/2491/indicators
GET /v1/companies/2491/earnings-releases
GET /v1/events?ticker=2491
GET /v1/companies/2491/trades         
GET /v1/companies/2491/cross-holdings 
GET /v1/companies/2491/brief

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