Valuation: Path Corporation

Market Cap 4.71B 29.56M 25.67M 23.84M 21.99M 41.41M 2.82B 42.16M 282M 111M 1.4B 111M 109M P/E 2025
-22.5x
P/E 2026 -4.06x
Enterprise Value 4.61B 28.89M 25.09M 23.3M 21.49M 40.47M 2.76B 41.21M 276M 108M 1.37B 108M 106M 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
21/10/25 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
28/02/25 Path Corporation completed the acquisition of Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
26/11/24 Path Corporation announced that it expects to receive ¥845.554456 million in funding from Evolution Capital Management LLC, Sustaina Co., Ltd., Unilot Limited CI
22/10/24 Path Corporation signed a letter of intent to acquire Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
15/05/23 Path Corporation Reports Earnings Results for the Full Year Ended March 31, 2023 CI
31/01/23 Path Corporation completed the acquisition of RMDC Co., Ltd from Eill Co., Ltd. CI
20/12/22 Path Corporation entered into share exchange agreement to acquire RMDC Co., Ltd from Eill Co., Ltd. for ¥100 million. CI
25/04/22 Path Corporation announced that it has received ¥499.998 million in funding CI
08/04/22 Path Corporation announced that it expects to receive ¥499.998 million in funding CI
18/10/21 Hayate Management Submits Shareholder Proposal to Path CI
21/04/21 Path Corporation announced that it has received ¥15.96 million in funding from Hayate Management Co., Ltd. CI
1 day+1.79%
1 week-1.72%
Current month-5.00%
1 month-9.52%
3 months-1.72%
6 months-5.00%
Current year-3.39%
1 week 54
Extreme 54
58
1 month 54
Extreme 54
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 - 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 43 01/06/2025
Change 5-day change 1-year change 3-year change Capi.($)
+1.79%-1.72%-46.23%-47.71% 29.04M
-2.20%+2.79%-1.08%-8.99% 241B
-2.15%+2.27%+39.29% - 52.54B
-6.13%+3.58%+28.45%-49.37% 8.42B
-3.08%-11.89%+73.75% - 8.26B
+9.93%+14.63%+2.21%+20.94% 5.8B
+0.28%+6.51%-32.01%-29.40% 4.85B
-1.92%+1.72%+3.37%-16.65% 4.02B
+1.10%+5.66%-26.14%-46.82% 3.58B
-1.05%+4.77%-19.87%-52.32% 2.52B
Average -0.42%+2.40%+2.17%-28.79% 33.15B
Weighted average by Cap. -2.08%+1.29%+7.17%-10.99%

Financials

2025 2026
Net sales 2.25B 14.13M 12.27M 11.4M 10.51M 19.8M 1.35B 20.16M 135M 52.83M 670M 53.06M 51.9M 2.37B 14.86M 12.91M 11.99M 11.06M 20.83M 1.42B 21.2M 142M 55.57M 705M 55.82M 54.59M
Net income -276M -1.73M -1.5M -1.4M -1.29M -2.43M -165M -2.47M -16.53M -6.47M -82.07M -6.5M -6.36M -1.28B -8M -6.95M -6.45M -5.95M -11.21M -764M -11.42M -76.42M -29.92M -379M -30.05M -29.39M
Net Debt -41M -257K -223K -207K -191K -360K -24.55M -367K -2.46M -961K -12.19M -966K -944K -107M -671K -583K -541K -499K -940K -64.06M -957K -6.41M -2.51M -31.82M -2.52M -2.46M
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
31/07/26 JPY 57.00 +1.79% 144,200
30/07/26 JPY 56.00 +1.82% 87,200
29/07/26 JPY 55.00 -3.51% 279,300
28/07/26 JPY 57.00 0.00% 457,200
27/07/26 JPY 57.00 -1.72% 200,400

Quarterly revenue - Rate of surprise

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