Valuation: Path Corporation

Market Cap 512.62Cr 3.16Cr 2.76Cr 2.55Cr 2.36Cr 4.49Cr 301.6Cr 4.55Cr 30Cr 12Cr 148.18Cr 12Cr 12Cr P/E 2025
-22.5x
P/E 2026 -4.06x
Enterprise Value 501.92Cr 3.1Cr 2.71Cr 2.49Cr 2.31Cr 4.4Cr 295.3Cr 4.45Cr 30Cr 12Cr 145.09Cr 12Cr 11Cr EV / Sales 2025
3.17x
EV / Sales 2026 2.29x
Free-Float
49.51%
Yield 2025 *
-
Yield 2026 -
31/03 Uniroot Co., Ltd. completed the acquisition of Sanwa Seisakusho Co., Ltd. from Path Corporation for ¥800. CI
01/12 Path Corporation announced that it has received ¥2.5 million in funding from Evolution Capital Management LLC, Sustaina Co., Ltd. CI
21/25/21 Path Corporation agreed to acquire 26.70% stake in Kawaminami Biomass Power Plant Co., Ltd. from Shinrin Power Holdings Co., Ltd. for approximately ¥140 million. CI
28/25/28 Path Corporation completed the acquisition of Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
26/24/26 Path Corporation announced that it expects to receive ¥845.554456 million in funding from Evolution Capital Management LLC, Sustaina Co., Ltd., Unilot Limited CI
22/24/22 Path Corporation signed a letter of intent to acquire Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
15/23/15 Path Corporation Reports Earnings Results for the Full Year Ended March 31, 2023 CI
31/23/31 Path Corporation completed the acquisition of RMDC Co., Ltd from Eill Co., Ltd. CI
20/22/20 Path Corporation entered into share exchange agreement to acquire RMDC Co., Ltd from Eill Co., Ltd. for ¥100 million. CI
25/22/25 Path Corporation announced that it has received ¥499.998 million in funding CI
08/22/08 Path Corporation announced that it expects to receive ¥499.998 million in funding CI
18/21/18 Hayate Management Submits Shareholder Proposal to Path CI
21/21/21 Path Corporation announced that it has received ¥15.96 million in funding from Hayate Management Co., Ltd. CI
1 day-1.59%
1 week+8.77%
Current month+3.33%
1 month+8.77%
3 months-6.06%
6 months+6.90%
Current year+5.08%
1 week 56
Extreme 56
64
1 month 53
Extreme 53
64
Current year 51
Extreme 51
104
1 year 51
Extreme 51
121
3 years 51
Extreme 51
177
5 years 45
Extreme 45
177
10 years 45
Extreme 45
389
Manager TitleAgeSince
Chief Executive Officer - 01/06/2025
Investor Relations Contact 50 -
Director TitleAgeSince
Director/Board Member 56 01/06/2021
Director/Board Member 62 01/06/2021
Director/Board Member 50 01/06/2022
Change 5-day change 1-year change 3-year change Capi.($)
-1.59%+8.77%-39.22%-45.61% 3.23Cr
-1.16%-2.58%+2.18%-10.38% 23TCr
-0.67%+0.06%+52.05% - 5.24TCr
-1.05%+4.27%+174.67% - 935.58Cr
+1.57%+9.29%+7.06%-56.30% 686Cr
+0.17%+25.15%-9.13%+26.20% 490.16Cr
-3.83%+8.99%-43.89%-35.74% 454.24Cr
+1.41%+12.13%-12.62%-10.41% 382.36Cr
-1.75%+3.81%-27.33%-46.89% 346.18Cr
-1.11%+5.21%-22.71%-49.95% 258.31Cr
Average -0.80%+6.69%+8.11%-28.64% 3.22TCr
Weighted average by Cap. -1.01%-0.13%+13.91%-12.23%

Financials

2025 2026
Net sales 225.3Cr 1.39Cr 1.21Cr 1.12Cr 1.04Cr 1.97Cr 132.56Cr 2Cr 13Cr 5.2Cr 65Cr 5.22Cr 5.11Cr 237Cr 1.46Cr 1.28Cr 1.18Cr 1.09Cr 2.08Cr 139.44Cr 2.1Cr 14Cr 5.47Cr 69Cr 5.49Cr 5.37Cr
Net income -28Cr -17.03L -14.88L -13.71L -12.71L -24.18L -16Cr -24.48L -1.62Cr -63.67L -7.98Cr -63.95L -62.55L -127.6Cr -78.72L -68.79L -63.37L -58.77L -1.12Cr -75Cr -1.13Cr -7.51Cr -2.94Cr -37Cr -2.96Cr -2.89Cr
Net Debt -4.1Cr -3L -2L -2L -2L -4L -2.41Cr -4L -24.13L -9L -1.19Cr -10L -9L -11Cr -7L -6L -5L -5L -9L -6.3Cr -9L -62.98L -24.68L -3.09Cr -24.79L -24.25L
Logo Path Corporation
PATH corporation is a Japan-based company mainly engaged in mail order business and blockchain related business. The Company operates through two business segments. The Mail-order segment is engaged in the planning, development and sale of products related with beauty and health. The Company sells Ex:beaute brand cosmetics products such as Actress skin foundation and other cosmetics. It mainly develops business through television (TV), catalogs, Web, and over-the-counter sales. The Blockchain related segment provides consulting services on platforms and applications using blockchain technology, and initial coin offering (ICO). It is also engaged in the provision of Bastion, a custody business management system for virtual currency exchange companies, and BastionPay, a cashless promotion system using blockchain technology.
Employees
50
Date Price Change Volume
06/26/06 JP¥62.00 -1.59% 1,65,100
03/26/03 JP¥63.00 +3.28% 80,800
02/26/02 JP¥61.00 -3.17% 2,45,400
01/26/01 JP¥63.00 +5.00% 4,49,600
30/26/30 JP¥60.00 +7.14% 3,55,900

Quarterly revenue - Rate of surprise

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