ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Technology Services

Digital Garage, Inc.

Business Summary

Digital Garage, Inc. engages in the development of internet contexts for real and cyber spaces. It specializes in the integration of core technologies, namely IT (Information Technology), MT (Marketing Technology), and FT (Financial Technology). The company operates through the following segments: Incubation Technology, Marketing Technology, Financial Technology, and Long-time Incubation. The Incubation Technology segment develops businesses by supporting software development and investing in and incubating promising startup companies in the internet business. The Marketing Technology segment offers and creates for clients new advertising and promotion solutions. The Financial Technology segment provides payment settlement solutions in electronic commerce. The Long-time Incubation segment overlaps the three segments mentioned and creates new businesses dealing with new value-adds, expansion, or unexplored areas. The company was founded by Joichi Ito and Kaoru Hayashi on August 17, 1995 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue22,713M204.81M
Gross Profit11,321M102.08M
Operating income1,016M9.16M
Income before tax13,424M121.05M
Net income9,290M83.77M
EBITDA2,859M25.78M
Diluted EPS186.621.68
Dividends Per Share280.25
Total Assets146,890M1,327.09M
Total liabilities99,545M899.35M
Total equity46,609M421.09M
Operating cash flow12,665M114.20M
Currency in JPYCurrency in USD

Historical Data

 Jun 2014Jun 2015Mar 2017Mar 2018Mar 2019
Revenue 33,751.61M 38,087.48M 48,602.36M 18,141M 22,713M
Gross Profit 7,352.68M 9,908.66M 47,255.23M 10,138M 11,321M
Operating income 2,608.02M 4,810.01M 965.20M 1,859M 1,016M
Income before tax 5,035.01M 9,248.99M 7,059.21M 8,376M 13,424M
Net income 2,847.05M 5,081.60M 5,018.74M 6,586M 9,290M
EBITDA 3,994.98M 6,275.51M 2,312.33M 3,368M 2,859M
Diluted EPS 60.48 107.87 106.11 134.98 186.62
Dividends Per Share 5 25 20 24 28
Total Assets 71,009.71M 86,504.31M 91,695.21M 119,545M 146,890M
Total liabilities 34,519.96M 57,429.79M 57,315.23M 76,346M 99,545M
Total equity 30,583.30M 28,948.31M 34,247.41M 42,717M 46,609M
Operating cash flow -34.89M 5,040.07M 4,215.71M 15,381M 12,665M
 Jun 2014Jun 2015Mar 2017Mar 2018Mar 2019
Revenue 334.14M 332.28M 448.82M 163.67M 204.81M
Gross Profit 72.79M 86.44M 436.38M 91.47M 102.08M
Operating income 25.81M 41.96M 8.91M 16.77M 9.16M
Income before tax 49.84M 80.69M 65.18M 75.57M 121.05M
Net income 28.18M 44.33M 46.34M 59.42M 83.77M
EBITDA 39.55M 54.74M 21.35M 30.38M 25.78M
Diluted EPS 0.59 0.94 0.97 1.21 1.68
Dividends Per Share 0.04 0.21 0.18 0.21 0.25
Total Assets 700.94M 706.93M 822.89M 1,124.07M 1,327.09M
Total liabilities 340.75M 469.33M 514.36M 717.87M 899.35M
Total equity 301.89M 236.57M 307.34M 401.66M 421.09M
Operating cash flow -0.34M 43.97M 38.93M 138.77M 114.20M

Valuation Measures

Mar 2019
PER16.48
ROA6.97%
ROE20.80%
Operating margin4.47%
Profit margin40.90%

Key executives

  • President, Group CEO & Representative Director: Kaoru Hayashi
  • Executive Officer: Naohiko Iwai
  • Chief Investment Officer & Executive Officer: Brian Yeh
  • Executive Officer: Tomoya Sasaki
  • Executive Officer & Manager-Personnel: Shinichiro Sato

Shareholders

  • HAYASHI KAORU /DIGITAL GARAGE/ (14.7%)
  • JPMorgan Asset Management (Japan) Ltd. (7.1%)
  • Dentsu, Inc. (6.9%)
  • FIL Investments (Japan) Ltd. (6.2%)
  • Baillie Gifford & Co. (5.5%)
  • Lazard Asset Management LLC (5.0%)
  • TIS, Inc. (Japan) (4.9%)
  • Digital Garage, Inc. (2.9%)
  • Schroder Investment Management (Japan) Ltd. (2.4%)
  • Schroder Investment Management Ltd. (2.3%)

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

  • D2 Garage Inc
  • DG Technologies, Inc. (Tokyo)
  • Digital Garage Restricted Stock Compensation Plan
  • DK Gate Inc.
  • Neo Innovation (Singapore) Pte Ltd.
  • econtext Asia Ltd.
  • Zynga Japan KK /Photozou Business/
  • DG Payment Holdings KK
  • Digital Garage US, Inc.
  • DG Incubation, Inc.

Competitors

    Last Updated on 20 Sep, 2019

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

    Stay ahead with our exclusives on Asia;
    the most dynamic market in the world.

    Stay ahead with our exclusives on Asia

    Get trusted insights from experts within Asia itself.

    Get trusted insights from experts
    within Asia itself.

    Get Unlimited access

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

    This is your last free article this month

    Stay ahead with our exclusives on Asia; the most
    dynamic market in the world
    .

    Get trusted insights from experts
    within Asia itself.

    Try 3 months for $9

    Offer ends June 30th

    Your trial period has expired

    You need a subscription to...

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers and subscribe

    Your full access to the Nikkei Asian Review has expired

    You need a subscription to:

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers
    NAR on print phone, device, and tablet media