Welby Inc.
4438株式会社Ｗｅｌｂｙ
Latest half-year results
First half · fiscal year to 2026-12 · filed 2026-08-14For the first half of the fiscal year to 2026-12: Revenue ¥0.4 billion (+30.7% YoY), Ordinary income ¥-0.3 billion, Net income ¥-0.2 billion.
| This period | Year on year | |
|---|---|---|
| Revenue | ¥376m | +30.7% |
| Ordinary profit | −¥258m | — |
| Net profit to owners | −¥224m | — |
From the securities report on EDINET, which states no forecast. History via /v1/companies/4438/earnings-releases.
Financials
Japan GAAP · consolidated · fiscal year to 2025-12-31- Revenue
- ¥636m
- Net income
- −¥540m
- ROE
- —
- Equity ratio
- 20.9%
- Dividend / share
- —
- Employees
- 44
| Fiscal year | Revenue | Net income | Total assets | Net assets | ROE | EPS | Operating CF |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | ¥636m | −¥540m | ¥1,054m | ¥306m | — | ¥-65.21 | −¥329m |
| 2024-12-31 | ¥528m | −¥805m | ¥1,167m | ¥838m | — | ¥-98.61 | −¥604m |
| 2023-12-31 | ¥575m | −¥505m | ¥1,205m | ¥1,118m | — | ¥-64.51 | −¥174m |
Indicators
Computed by us from filings · fiscal year to 2025-12-31| Metric | Value | Percentile among listed companies |
|---|---|---|
| ROE, % | — | — |
| Ordinary margin | -0.7153 | 1.3 |
| Equity ratio, % | 20.9 | 7.8 |
| Revenue growth | 0.2039 | 87.1 |
| Net income growth | 0.3292 | 66.9 |
| Operating cash flow / assets | -0.3125 | 1.5 |
Results wording balance: -0.33. Proprietary text method; it describes the wording only and does not interpret context.
Interest example: if all ¥606m of reported debt repriced by 50 basis points, a year's interest would rise by ¥3m. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.
Via /v1/companies/4438/indicators. Descriptive figures, not a rating and not investment advice.
From other filings
As the company states themSegments, votes and tender offers
Stated in EDINET filings/v1/companies/4438/votingOwnership changes
All companies →- 2026-03-18
Milestone Capital Management,Ltd. reduced holdings in Welby Inc. (4438) to 19.66% from 19.93%.
- 2025-12-04
Milestone Capital Management,Ltd. disclosed a 19.93% stake in Welby Inc. (4438), crossing the 5% reporting threshold.
- 2025-12-04
Holdings of Milestone Capital Management,Ltd. in Welby Inc. (4438) moved above 10% (new -> 19.93%).
- 2025-04-24
individual filer filed a correction to a 5% report on Welby Inc. (4438).
- 2025-04-04
individual filer reduced holdings in Welby Inc. (4438) to 34.97% from 35.62%.
- 2024-08-23
individual filer reduced holdings in Welby Inc. (4438) to 35.62% from 37.96%.
- 2024-05-08
Chubu Electric Power Company, Incorporated disclosed a 5.26% stake in Welby Inc. (4438), crossing the 5% reporting threshold.
- 2023-11-14
SUZUKEN CO.,LTD. disclosed a 21.17% stake in Welby Inc. (4438), crossing the 5% reporting threshold.
- 2023-11-14
Holdings of SUZUKEN CO.,LTD. in Welby Inc. (4438) moved above 10% (new -> 21.17%).
- 2023-11-14
Holdings of SUZUKEN CO.,LTD. in Welby Inc. (4438) moved above 20% (new -> 21.17%).
Trades by 5% holders
From the 60-day trade tables in 5% reports| Holder | Period | Net shares | Net % of shares | Avg. filed price | Range |
|---|---|---|---|---|---|
| マイルストーン・キャピタル・マネジメント株式会社 | 2025-12-01 – 2026-03-13 | +2,031,500 | +19.66pt | — | — |
| individual filer | 2022-11-11 – 2025-02-27 | -315,100 | −3.98pt | ¥486 | ¥486–486 |
| 中部電力株式会社 | 2024-04-26 – 2024-04-26 | +434,782 | +5.26pt | ¥1,150 | ¥1,150–1,150 |
| 株式会社スズケン | 2023-11-13 – 2023-11-13 | +1,300,000 | +16.60pt | ¥1,150 | ¥1,150–1,150 |
| 株式会社デジタルガレージ | 2023-11-13 – 2023-11-13 | -1,300,000 | −16.60pt | — | — |
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/4438/trades.
5% filings
Large shareholding reports on 4438| Filed | Filer | Stake | Change | Stated purpose |
|---|---|---|---|---|
| 2026-03-18 | Milestone Capital Management,Ltd. | 19.66% | −0.27pt | pure investment |
| 2025-12-04 | Milestone Capital Management,Ltd. | 19.93% | — | pure investment |
| 2025-04-24 | individual filer | 35.42% | −0.20pt | — |
| 2025-04-04 | individual filer | 34.97% | −0.65pt | — |
| 2024-08-23 | individual filer | 35.62% | −2.34pt | — |
| 2024-05-08 | Chubu Electric Power Company,Incorporated | 5.26% | — | business alliance |
| 2023-11-14 | SUZUKEN CO.,LTD. | 21.17% | — | — |
| 2023-11-14 | Digital Garage, Inc. | 2.30% | −16.95pt | strategic holding |
| 2022-11-18 | individual filer | 37.96% | −4.44pt | — |
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.
- 3
Held by: SUZUKEN CO.,LTD. 9987, Chubu Electric Power Company,Incorporated 9502, Digital Garage, Inc. 4819
Purposes, all holdings and mutual flags via /v1/companies/4438/cross-holdings. Share changes include stock splits.
Major shareholders
As of fiscal year end 2025-12-31| Shareholder | Shares | Ratio |
|---|---|---|
| individual holder | 2,840,000 | 34.32% |
| 株式会社スズケン | 1,657,000 | 20.03% |
| 株式会社ブライトリンクパートナーズ | 449,000 | 5.43% |
| 中部電力株式会社 | 434,000 | 5.25% |
| 日本郵政キャピタル株式会社 | 354,000 | 4.29% |
| individual holder | 242,000 | 2.93% |
| 株式会社デジタルガレージ | 180,000 | 2.18% |
| 株式会社ワン | 120,000 | 1.46% |
| 株式会社キョーエン | 86,000 | 1.05% |
| サンエイトＯＫ組合 | 77,000 | 0.94% |
Get this as JSON
GET /v1/companies/4438
GET /v1/companies/4438/financials
GET /v1/companies/4438/details
GET /v1/companies/4438/segments
GET /v1/companies/4438/voting
GET /v1/companies/4438/tender-offers
GET /v1/companies/4438/indicators
GET /v1/companies/4438/earnings-releases
GET /v1/events?ticker=4438
GET /v1/companies/4438/trades
GET /v1/companies/4438/cross-holdings
GET /v1/companies/4438/brief