# JAPAN Creative Platform Group Co., Ltd.: business model and financials

> Latest period: FY ending Dec 2025, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第11期(2025/01/01－2025/12/31) (S100XTTY)
> Page: https://vizora.meequs.com/en/company/japan-creative-platform-group
> Retrieved: 2026-09-30T19:50:48.913Z

## Company

JAPAN Creative Platform Group, founded in 2015, is a company in Printing listed on TSE Standard. It has 4,038 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | JAPAN Creative Platform Group Co.,Ltd. |
| Ticker | 7814 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7814.T) |
| Listing | TSE Standard |
| Head office | 東京都台東区上野三丁目24番6号 |
| Representative (per filing) | 代表取締役社長 藤田 一郎 |
| Founded | Jan 2015 |
| Share capital | ¥100M |
| Employees (consolidated) | 4,038 |
| Average salary (parent only) | ¥7.3M |
| Fiscal year end | December |
| Website | www.jcpg.co.jp (https://www.jcpg.co.jp/) |
| Corporate number | 9011501020139 |
| EDINET | E30930 |
| Industries (Vizora) | Printing |

> Profile source: annual securities report (S100XTTY, filed 2026-03-25). As of filing

## Five-axis industry profile

Primary industry: Printing (2025-12-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 97.8 | 23 |
| Profitability | 51.8 | 28 |
| Cash conversion | 35.4 | 24 |
| Efficiency | 69.6 | 28 |
| Financial strength | 10 | 5 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- JAPAN Creative Platform Group brought in ¥87B in revenue.
- Out of every ¥100 of sales, about ¥4 is left as operating profit.
- Revenue changed +8.6% from the prior year, operating profit -30.8%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥86987000000 → ¥6547000000
- Net income → operating cash flow: ¥6547000000 → ¥3890000000（difference ¥-2657000000）
- Main uses of operating cash flow: CapEx ¥7531000000 / dividends ¥1737000000 / buybacks ¥631000000
- Change in cash: ¥-1091000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥87B |  |
| Operating income | ¥3.01B | Margin 3.5% |
| Net income | ¥6.53B | Margin 7.5% |
| Free cash flow | -¥3.64B |  |
| Employees (consolidated) | 4,038 |  |
| EPS | ¥97.72 |  |
| Book value per share | ¥245.81 |  |
| Equity ratio | 24.4% |  |
| Shares outstanding | 51,000,000 |  |
| Treasury shares | 3,640,200 |  |
| Shareholders | 7,994 |  |
| Average salary (parent only) | ¥7.3M | Filing company only |
| Cash ratio | 13.5% | Net cash -¥32.5B · Cash ÷ revenue 13.2% |
| Vs. industry median margin | 0 pp | Printing |
| ROE | 36.6% | Derived from disclosed figures |
| ROA | 8.2% | Derived from disclosed figures |

## What changed in 5 years

| Metric | FY ending Dec 2020 | FY ending Dec 2025 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥51248000000 | ¥86987000000 | +69.7% |
| Operating income | ¥-467000000 | ¥3010000000 | — |
| Operating margin | -0.9% | 3.5% | +4.4 pp |
| Employees | 2,795 people | 4,038 people | +44.5% |
| Cash and equivalents | ¥14474000000 | ¥11472000000 | -20.7% |

### Change in segment revenue mix

Span: FY ending Dec 2020 → FY ending Dec 2025. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

## Income statement（FY ending Dec 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 86,987 | 100.0% | S100XTTY |
| Cost of revenue | 59,229 | 68.1% | S100XTTY |
| Gross profit | 27,758 | 31.9% | S100XTTY |
| SG&A | 24,747 | 28.4% | S100XTTY |
| Operating income | 3,010 | 3.5% | S100XTTY |
| Ordinary income | 3,201 | 3.7% | S100XTTY |
| Pretax income | 7,334 | 8.4% | S100XTTY |
| Income tax | 786 | 0.9% | S100XTTY |
| Net income | 6,547 | 7.5% | S100XTTY |
| Net income attributable to owners | 6,530 | 7.5% | S100XTTY |

## Per ¥100 of revenue（FY ending Dec 2025）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 68 |
| SG&A | 28 |
| Operating income | 4 |
| (Ref.) Net income | 8 |

### Margin funnel

Gross margin 31.9% → Operating margin 3.5% → Net margin 7.5%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue up, profit down
Revenue growth: +8.6%; Core profit growth: -30.8%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): -3.58×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Dec 2024 → FY ending Dec 2025、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 80,100 | 86,987 | 6,887 | +8.6% |
| Gross profit | 23,436 | 27,758 | 4,322 | +18.4% |
| Operating income | 4,351 | 3,010 | -1,341 | -30.8% |
| Net income attributable to owners | 2,871 | 6,530 | 3,659 | +127.4% |
| Operating cash flow | 6,734 | 3,890 | -2,844 | -42.2% |
| Free cash flow | 4,926 | -3,641 | -8,567 | -173.9% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Dec 2019 | 55,635 | 2,596 | 4.7% | 1,274 | 2,520 | 1,567 | S100L1VO |
| FY ending Dec 2020 | 51,248 | -467 | -0.9% | 17 | 3,086 | 1,398 | S100NQX2 |
| FY ending Dec 2021 | 54,620 | 1,745 | 3.2% | 951 | 4,674 | 1,026 | S100QFHY |
| FY ending Dec 2022 | 64,416 | 3,248 | 5.0% | 2,003 | 2,238 | 707 | S100T5DL |
| FY ending Dec 2023 | 74,846 | 3,463 | 4.6% | 2,508 | 1,799 | -2,230 | S100VIFR |
| FY ending Dec 2024 | 80,100 | 4,351 | 5.4% | 2,871 | 6,734 | 4,926 | S100XTTY |
| FY ending Dec 2025 | 86,987 | 3,010 | 3.5% | 6,530 | 3,890 | -3,641 | S100XTTY |

## People and productivity（FY ending Dec 2025, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥21.5M |
| Operating income per employee (consolidated) | ¥745.4K |
| Net income per employee (consolidated) | ¥1.6M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 2,771 | 2,889 | 3,222 | 3,576 | 4,038 |
| Average salary (parent company) | ¥6.4M | ¥6.1M | ¥5.9M | ¥6.7M | ¥7.3M |
| Average age (parent company) | 45.4 years | 43.7 years | 46.5 years | 44.7 years | 47.3 years |
| Average tenure (parent company) | 14.5 years | 12.9 years | 15.2 years | 14.5 years | 15.5 years |

Year over year: Employees (consolidated) +12.9% · Revenue (consolidated) +8.6%

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Dec 2025, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 3,890 | 4.5% | S100XTTY |
| Capital expenditure | 7,531 | 8.7% | S100XTTY |
| Free cash flow | -3,641 | -4.2% | 算出 |
| Investing cash flow | -7,947 | -9.1% | S100XTTY |
| Financing cash flow | 2,967 | 3.4% | S100XTTY |
| Dividends paid | 1,737 | 2.0% | S100XTTY |
| Share buyback | 631 | 0.7% | S100XTTY |
| Change in cash | -1,091 | -1.3% | S100XTTY |
| Cash and equivalents | 11,472 | 13.2% | S100XTTY |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 12,217 | 10,355 | 14,355 | 12,232 | 11,472 | S100T5DL, S100VIFR, S100XTTY |
| Total assets | 66,595 | 67,771 | 75,552 | 75,103 | 85,058 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Net assets | 12,343 | 12,736 | 15,866 | 15,992 | 21,283 | S100T5DL, S100VIFR, S100XTTY |
| Share capital | 400 | 400 | 400 | 100 | 100 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Trade receivables | 10,328 | — | — | — | — | S100QFHY |
| Property, plant and equipment | 25,035 | 25,479 | 27,814 | 29,139 | 35,052 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Intangible assets excluding goodwill | 961 | 1,420 | 940 | 1,391 | 1,597 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Goodwill | 127 | 201 | 146 | 388 | 662 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Investment securities | 4,588 | 4,948 | 5,914 | 5,745 | 8,664 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Current assets | 28,375 | 29,953 | 37,381 | 34,857 | 35,643 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Current liabilities | 39,877 | 41,360 | 38,186 | 44,367 | 38,925 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Short-term borrowings | 27,000 | 27,000 | 25,000 | 25,000 | 23,000 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Long-term borrowings | 11,250 | 10,650 | 17,975 | 10,975 | 17,225 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Bonds | — | — | — | — | 3,749 | S100XTTY |
| Interest-bearing debt | — | — | — | — | 43,974 | 算出 |
| Total liabilities | 54,251 | 55,035 | 59,685 | 59,111 | 63,774 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Non-controlling interests | 1,397 | 449 | 441 | 632 | 541 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Equity attributable to owners of parent | 10,803 | 12,153 | 14,985 | 15,206 | 20,477 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Retained earnings | 6,725 | 8,144 | 10,121 | 12,351 | 17,099 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |
| Treasury stock | -1,852 | -1,852 | -227 | -1,907 | -1,593 | S100QFHY, S100T5DL, S100VIFR, S100XTTY |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 14% | S100XTTY |
| Property, plant and equipment | 41% | S100XTTY |
| Intangibles and goodwill | 3% | S100XTTY |
| Investment securities | 10% | S100XTTY |
| Other assets | 32% | S100XTTY |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Interest-bearing debt | 52% | 算出 |
| Other liabilities | 23% | S100XTTY |
| Equity | 25% | S100XTTY |
| Other liabilities | 0% | S100XTTY |

### Balance sheet history

| Metric | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 66,595 | 67,771 | 75,552 | 75,103 | 85,058 |
| Equity | 12,343 | 12,736 | 15,866 | 15,992 | 21,283 |
| Interest-bearing debt | — | — | — | — | 43,974 |
| Cash | 12,217 | 10,355 | 14,355 | 12,232 | 11,472 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 40.3% | S100XTTY |
| Fixed assets ÷ total assets | 41.2% | S100XTTY |
| Goodwill ÷ parent equity | 3.2% | S100XTTY |

Goodwill over 4 years: 127 → 662 JPY; total investing cash flow: -22,633 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 13.5% |
| Cash ÷ revenue | 13.2% |
| Net cash (cash − interest-bearing debt) | -¥32.5B |
| Net debt ÷ operating cash flow | 8.36× |
| Cash conversion (operating CF ÷ operating income) | 129.2% |
| Cash vs. profit gap | -2,640 JPY mn (of net income -40.4%) |
| Shareholder returns / net income | 36.3% |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 26.6% |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 8.7% |
| Investing CF relative to operating CF | 204.3% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2021 | 1.7% | 0.82× | 1.4% | 6.16× | 8.8% | S100QFHY |
| 2022 | 3.1% | 0.96× | 3.0% | 5.85× | 17.5% | S100T5DL |
| 2023 | 3.4% | 1.04× | 3.5% | 5.28× | 18.5% | S100VIFR |
| 2024 | 3.6% | 1.06× | 3.8% | 4.99× | 19.0% | S100XTTY |
| 2025 | 7.5% | 1.09× | 8.2% | 4.49× | 36.6% | S100XTTY |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社ＴＫＯ | Major shareholder | 36.6% | 2025-12-31 |
| 日本創発グループ従業員持株会 | Major shareholder | 7.4% | 2025-12-31 |
| 中田 久士 | Major shareholder | 2.6% | 2025-12-31 |
| 林 基史 | Major shareholder | 2.1% | 2025-12-31 |
| 仲田 広道 | Major shareholder | 2.0% | 2025-12-31 |
| 井戸 剛 | Major shareholder | 1.8% | 2025-12-31 |
| 藤田 一郎 | Major shareholder | 1.7% | 2025-12-31 |
| 株式会社アイディーオー・コーポレーション | Major shareholder | 1.4% | 2025-12-31 |
| 竹井 泰弘 | Major shareholder | 0.9% | 2025-12-31 |
| 飯島 浩司 | Major shareholder | 0.8% | 2025-12-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第11期(2025/01/01－2025/12/31) | S100XTTY | 2026-03-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100XTTY,, |
| 有価証券報告書－第10期(2024/01/01－2024/12/31) | S100VIFR | 2025-03-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VIFR,, |
| 有価証券報告書－第9期(2023/01/01－2023/12/31) | S100T5DL | 2024-03-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100T5DL,, |
| 有価証券報告書－第8期(2022/01/01－2022/12/31) | S100QFHY | 2023-03-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100QFHY,, |
| 有価証券報告書－第7期(令和3年1月1日－令和3年12月31日) | S100NQX2 | 2022-03-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100NQX2,, |
| 有価証券報告書－第6期(令和2年1月1日－令和2年12月31日) | S100L1VO | 2021-03-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100L1VO,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).