Wholesale Trade · Fiscal year end Mar 31

FORVAL CORPORATION

8275

株式会社フォーバル

FIGI BBG000BKYDY98275.T8275 JPCorp. no. 4011001025865

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-12

For the first half of the fiscal year to 2026-03: Revenue ¥33.9 billion (+0.3% YoY), Ordinary income ¥1.3 billion (-20.7% YoY), Net income ¥0.6 billion (-26.6% YoY).

	This period	Year on year
Revenue	¥33.9bn	+0.3%
Ordinary profit	¥1.3bn	-20.7%
Net profit to owners	¥602m	-26.6%

From the securities report on EDINET, which states no forecast. History via /v1/companies/8275/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥71.5bn
Net income: ¥1.5bn
ROE: 8.1%
Equity ratio: 45.2%
Dividend / share: ¥31
Employees: 2,530

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥71.5bn	¥1.5bn	¥41.8bn	¥21.4bn	8.1%	¥56.64	¥3.1bn
2025-03-31	¥72.6bn	¥2.2bn	¥42.1bn	¥19.7bn	12.7%	¥83.06	¥4.1bn
2024-03-31	¥63.5bn	¥2.0bn	¥40.7bn	¥17.8bn	12.9%	¥78.2	¥3.2bn
2023-03-31	¥59.5bn	¥1.7bn	¥35.9bn	¥15.6bn	12.0%	¥65.41	¥3.3bn
2022-03-31	¥51.5bn	¥1.8bn	¥32.5bn	¥14.4bn	14.2%	¥71.71	¥2.6bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	8.1	46.3
Ordinary margin	0.0566	42.2
Equity ratio, %	45.2	34.5
Revenue growth	-0.0152	19.6
Net income growth	-0.3187	17.9
Operating cash flow / assets	0.0735	57

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; 0 new 5% holder(s) in 180 days; net stake change +0.61pt in 90 days; 1.5% held by other listed companies.

Results wording balance: +0.65. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥1.8bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥9m, 0.3% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/8275/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-06-19: see filing 上記の評価の結果、期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しております。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Forval Business, Forvaltelecom Business Group, General Environment Related Consulting Business Group, Human Capital Management. /v1/companies/8275/segments

Latest voting result: 2026-06-19 · 定款一部変更の件 · passed. /v1/companies/8275/voting

Ownership changes

All companies →

2026-09-15

Increase+0.61pt

Hikari Tsushin K.K. raised holdings in FORVAL CORPORATION (8275) to 24.23% from 23.62%.

S100Z1Y9Filer profile Original filing (PDF, Japanese)
2025-09-29

Increase+0.02pt

Hikari Tsushin K.K. raised holdings in FORVAL CORPORATION (8275) to 23.62% from 23.60%.

S100WQIZFiler profile Original filing (PDF, Japanese)
2025-07-08

Increase+1.00pt

Hikari Tsushin K.K. raised holdings in FORVAL CORPORATION (8275) to 23.60% from 22.60%.

S100WBWIFiler profile Original filing (PDF, Japanese)
2023-11-17

Increase+1.00pt

Hikari Tsushin K.K. raised holdings in FORVAL CORPORATION (8275) to 22.60% from 21.60%.

S100SAW7Filer profile Original filing (PDF, Japanese)
2022-01-18

Increase+0.02pt

Hikari Tsushin K.K. raised holdings in FORVAL CORPORATION (8275) to 21.60% from 21.58%.

S100N8W6Filer profile Original filing (PDF, Japanese)
2021-11-29

Increase+0.65pt

Hikari Tsushin K.K. raised holdings in FORVAL CORPORATION (8275) to 21.58% from 20.93%.

S100MYLMFiler 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
光通信株式会社	2022-01-11 – 2026-09-08	0	0.00pt	—	—
株式会社エスアイエル	2022-01-11 – 2026-07-31	+102,400	+0.48pt	—	—
株式会社UH Partners 2	2021-11-16 – 2025-09-19	+1,500	0.00pt	—	—
株式会社UH Partners 3	2021-09-21 – 2025-09-19	+17,200	+0.06pt	¥1,109	¥1,109–1,109

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/8275/trades.

5% filings

Large shareholding reports on 8275

Filed	Filer	Stake	Change	Stated purpose
2026-09-15	Hikari Tsushin K.K.	24.23%	+0.61pt	pure investment
2025-09-29	Hikari Tsushin K.K.	23.62%	+0.02pt	pure investment
2025-07-08	Hikari Tsushin K.K.	23.60%	+1.00pt	pure investment
2023-11-17	Hikari Tsushin K.K.	22.60%	+1.00pt	pure investment
2022-01-18	Hikari Tsushin K.K.	21.60%	+0.02pt	pure investment
2021-11-29	Hikari Tsushin K.K.	21.58%	+0.65pt	pure investment

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.: 4

Held by: Canon Marketing Japan Inc. 8060, Sharp Corporation 6753, F&M CO.,LTD. 4771, SAXA, Inc. 6675

Purposes, all holdings and mutual flags via /v1/companies/8275/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
有限会社エス・エヌ・ケー	6,936,600	26.50%
individual holder	3,420,800	13.00%
ＵＨＰａｒｔｎｅｒｓ２投資事業有限責任組合	2,491,800	9.50%
光通信KK投資事業有限責任組合	1,638,000	6.20%
individual holder	1,570,000	6.00%
エスアイエル投資事業有限責任組合	1,155,300	4.40%
フォーバル社員持株会	1,105,500	4.20%
ＵＨＰａｒｔｎｅｒｓ３投資事業有限責任組合	1,060,500	4.00%
日本マスタートラスト信託銀行株式会社(信託口)	778,300	2.90%
individual holder	488,000	1.80%

U.S. funds holding 8275

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

9 U.S. funds held 41,400 shares worth $0.3m.

Fund	Shares	Value	% of fund	As of
THE JAPANESE SMALL COMPANY SERIES DFA INVESTMENT TRUST CO	19,800	$0.1m	0.003%	2026-07-31
Dimensional International Core Equity 2 ETF Dimensional ETF Trust	5,000	$0.0m	0.000%	2026-07-31
INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	4,000	$0.0m	0.000%	2026-07-31
Dimensional World ex. U.S. Core Equity 2 ETF Dimensional ETF Trust	3,700	$0.0m	0.000%	2026-07-31
International Sustainability Core 1 Portfolio DFA INVESTMENT DIMENSIONS GROUP INC	2,800	$0.0m	0.000%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/8275
GET /v1/companies/8275/financials
GET /v1/companies/8275/details
GET /v1/companies/8275/segments
GET /v1/companies/8275/voting
GET /v1/companies/8275/tender-offers
GET /v1/companies/8275/indicators
GET /v1/companies/8275/earnings-releases
GET /v1/events?ticker=8275
GET /v1/companies/8275/trades         
GET /v1/companies/8275/cross-holdings 
GET /v1/companies/8275/brief

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