Valuation: Path Corporation

Market Cap 4.71B 28.79M 25.31M 23.56M 21.64M 40.63M 2.76B 41.17M 280M 109M 1.36B 108M 106M P/E 2025
-22.5x
P/E 2026 -4.06x
Enterprise Value 4.61B 28.14M 24.74M 23.03M 21.15M 39.71M 2.7B 40.24M 274M 107M 1.33B 106M 103M EV / Sales 2025
3.17x
EV / Sales 2026 2.29x
Free-Float
49.51%
Yield 2025 *
-
Yield 2026 -
Mar. 30 Uniroot Co., Ltd. completed the acquisition of Sanwa Seisakusho Co., Ltd. from Path Corporation for ¥800. CI
Nov. 30 Path Corporation announced that it has received ¥2.5 million in funding from Evolution Capital Management LLC, Sustaina Co., Ltd. CI
25-10-20 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
25-02-27 Path Corporation completed the acquisition of Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
24-11-25 Path Corporation announced that it expects to receive ¥845.554456 million in funding from Evolution Capital Management LLC, Sustaina Co., Ltd., Unilot Limited CI
24-10-21 Path Corporation signed a letter of intent to acquire Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
23-05-15 Path Corporation Reports Earnings Results for the Full Year Ended March 31, 2023 CI
23-01-30 Path Corporation completed the acquisition of RMDC Co., Ltd from Eill Co., Ltd. CI
22-12-19 Path Corporation entered into share exchange agreement to acquire RMDC Co., Ltd from Eill Co., Ltd. for ¥100 million. CI
22-04-24 Path Corporation announced that it has received ¥499.998 million in funding CI
22-04-07 Path Corporation announced that it expects to receive ¥499.998 million in funding CI
21-10-18 Hayate Management Submits Shareholder Proposal to Path CI
21-04-20 Path Corporation announced that it has received ¥15.96 million in funding from Hayate Management Co., Ltd. CI
1 day-1.72%
1 week-6.56%
Current month-5.00%
3 months-5.00%
6 months-3.39%
Current year-3.39%
1 week 57
Extreme 57
63
1 month 55
Extreme 55
68
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 - 2025-05-31
Investor Relations Contact 50 -
Director TitleAgeSince
Director/Board Member 56 2021-05-31
Director/Board Member 62 2021-05-31
Director/Board Member 43 2025-05-31
Change 5-day change 1-year change 3-year change Capi.($)
-1.72%-6.56%-47.71%-47.22% 29.29M
+0.23%-1.62%+0.23%-7.74% 228B
-0.03%+0.64%+29.07% - 49.87B
+0.14%-9.80%+106.46% - 9.08B
+7.62%+7.09%+37.49%-47.09% 7.43B
+4.66%-0.72%-7.77%+26.54% 5.01B
+8.60%+5.47%-30.54%-24.65% 4.56B
+1.75%+0.24%-0.31%-16.47% 3.92B
+4.43%+3.54%-30.25%-46.69% 3.26B
+0.51%-9.78%-22.59%-52.37% 2.35B
Average +2.48%-1.05%+3.41%-26.96% 31.32B
Weighted average by Cap. +0.69%-1.28%+7.71%-9.57%

Financials

2025 2026
Net sales 2.25B 13.77M 12.1M 11.26M 10.35M 19.43M 1.32B 19.68M 134M 52.3M 652M 51.67M 50.56M 2.37B 14.48M 12.73M 11.85M 10.88M 20.43M 1.39B 20.7M 141M 55.01M 686M 54.36M 53.19M
Net income -276M -1.69M -1.48M -1.38M -1.27M -2.38M -162M -2.41M -16.4M -6.41M -79.85M -6.33M -6.19M -1.28B -7.8M -6.85M -6.38M -5.86M -11M -748M -11.15M -75.83M -29.62M -369M -29.27M -28.64M
Net Debt -41M -251K -220K -205K -188K -354K -24.02M -358K -2.44M -952K -11.86M -940K -920K -107M -654K -575K -535K -491K -923K -62.69M -935K -6.36M -2.48M -30.96M -2.45M -2.4M
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
26-07-27 ¥57.00 -1.72% 200,400
26-07-24 ¥58.00 -3.33% 138,200
26-07-23 ¥60.00 +3.45% 221,300
26-07-22 ¥58.00 -3.33% 422,200
26-07-21 ¥60.00 -1.64% 88,200

Quarterly revenue - Rate of surprise

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