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Technology Services

Digital Garage, Inc.

Business Summary

Digital Garage, Inc. engages in the development of Internet context for real and cyber spaces. The company operates through the following segments: Incubation Technology, Marketing Technology, Financial Technology, and Long-Term Incubation. The Incubation Technology segment invests in prospective start-ups and develops media business. The Marketing Technology segment supports advertisements and promotions of business partners through their original marketing planning theories and cutting-edge technologies. The Financial Technology segment provides online payment services since the dawn of EC (Electronic Commerce). The Long-Term Incubation segment is aiming to create a new business foundation to follow Kakaku.com to support Digital Garage's growth across the current three segments with new value-adds. It specializes in the integration of three core technologies, namely IT (Information Technology), MT (Marketing Technology), and FT (Financial Technology). The company was founded by Joichi Ito and Kaoru Hayashi on August 17, 1995 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue24,830M220.96M
Gross Profit14,317M127.40M
Operating income-501M-4.45M
Income before tax39,652M352.86M
Net income30,330M269.90M
EBITDA3,119M27.75M
Diluted EPS592.345.27
Dividends Per Share350.31
Total Assets231,607M1,908.19M
Total liabilities134,392M1,107.24M
Total equity95,738M788.77M
Operating cash flow37,503M333.73M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 18,141M 22,713M 26,687M 24,945M 24,830M
Gross Profit 9,951M 11,321M 13,382M 12,073M 14,317M
Operating income 1,672M 1,016M 629M -289M -501M
Income before tax 8,376M 13,424M 10,008M 11,822M 39,652M
Net income 6,586M 9,290M 7,420M 9,785M 30,330M
EBITDA 3,368M 2,859M 2,998M 3,348M 3,119M
Diluted EPS 134.98 186.62 147.81 193.82 592.34
Dividends Per Share 24 28 38 32 35
Total Assets 119,545M 146,890M 162,296M 178,301M 231,607M
Total liabilities 76,346M 99,545M 109,502M 115,220M 134,392M
Total equity 42,717M 46,609M 52,033M 62,135M 95,738M
Operating cash flow 15,381M 12,665M -2,512M 17,574M 37,503M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 163.67M 204.81M 245.45M 235.20M 220.96M
Gross Profit 89.78M 102.08M 123.08M 113.83M 127.40M
Operating income 15.08M 9.16M 5.78M -2.72M -4.45M
Income before tax 75.57M 121.05M 92.04M 111.46M 352.86M
Net income 59.42M 83.77M 68.24M 92.26M 269.90M
EBITDA 30.38M 25.78M 27.57M 31.56M 27.75M
Diluted EPS 1.21 1.68 1.35 1.82 5.27
Dividends Per Share 0.21 0.25 0.34 0.30 0.31
Total Assets 1,124.07M 1,327.09M 1,503.36M 1,613.58M 1,908.19M
Total liabilities 717.87M 899.35M 1,014.33M 1,042.71M 1,107.24M
Total equity 401.66M 421.09M 481.98M 562.30M 788.77M
Operating cash flow 138.77M 114.20M -23.10M 165.70M 333.73M

Valuation Measures

Mar 2022
PER7.02
ROA14.79%
ROE38.42%
Operating margin-2.01%
Profit margin122.15%

Key executives

  • President, Group CEO & Representative Director: Kaoru Hayashi
  • Chief Technology Officer & Executive Officer: Vincent Joseph Gebes
  • Executive Officer: Naohiko Iwai
  • Director & Senior Executive Officer: Masashi Tanaka
  • Director & Chief Architect: Joi Ito

Shareholders

  • HAYASHI KAORU /DIGITAL GARAGE/ (14.7%)
  • Lazard Asset Management LLC (9.4%)
  • Dentsu Group, Inc. (6.9%)
  • FIL Investments (Japan) Ltd. (6.2%)
  • JPMorgan Asset Management (Japan) Ltd. (5.7%)
  • Oasis Management Co. Ltd. (5.5%)
  • Schroder Investment Management (Japan) Ltd. (3.1%)
  • Baillie Gifford & Co. (3.1%)
  • Digital Garage, Inc. (2.8%)
  • Schroder Investment Management Ltd. (2.7%)

Contact Details

  • Website:http://www.garage.co.jp
  • Address: Digital Gate Building, 3-5-7 Ebisu Minami, Tokyo, 150-0022, Japan
  • Phone: +81.3.6367.1111

Related Companies

  • DG Incubation, Inc. (Japan)
  • Digital Garage Marketing Technology Co., Inc.
  • BrainscanTechnologies, Inc.
  • D2 Garage Inc
  • DG Technologies, Inc. (Tokyo)
  • Academy du Vin Co., Ltd.
  • Digital Garage Restricted Stock Compensation Plan
  • DK Gate, Inc.
  • Neo Innovation (Singapore) Pte Ltd.
  • econtext Asia Ltd.
  • NaviPlus Co., Ltd.
  • Open Network Lab, Inc.
  • Zynga Japan KK /Photozou Business/
  • DG Payment Holdings KK
  • Digital Garage US, Inc.
  • DG COMMUNICATIONS Co., Ltd.
  • DG Ventures, Inc. /Japan/

Competitors

    Last Updated on 24 May, 2022

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