# NATTY SWANKY holdings Co.,Ltd.: business model and financials

> Latest period: FY ending Jan 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第25期(2025/02/01－2026/01/31) (S100Y07P)
> Page: https://vizora.meequs.com/en/company/nattyswanky
> Retrieved: 2026-09-30T19:51:49.687Z

## Company

NATTY SWANKY holdings, founded in 2001, is a company in Restaurants & Pubs listed on TSE Growth. It has 314 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | NATTY SWANKY holdings Co.,Ltd. |
| Ticker | 7674 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7674.T) |
| Listing | TSE Growth |
| Head office | 東京都新宿区西新宿一丁目19番8号新東京ビル7F |
| Representative (per filing) | 代表取締役社長 井石 裕二 |
| Founded | Aug 2001 |
| Share capital | ¥1.16B |
| Employees (consolidated) | 314 |
| Average salary (parent only) | ¥4M |
| Fiscal year end | January |
| Website | nattyswanky.com (https://nattyswanky.com/) |
| Corporate number | 9012401017051 |
| EDINET | E34747 |
| Industries (Vizora) | Restaurants & Pubs |

> Profile source: annual securities report (S100Y07P, filed 2026-04-27). As of filing

## Five-axis industry profile

Primary industry: Restaurants & Pubs (2026-01-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 3.8 | 66 |
| Efficiency | 79.5 | 66 |

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)

- NATTY SWANKY holdings brought in ¥7.68B in revenue.
- It lost about ¥7 for every ¥100 of sales at the operating level.
- Revenue changed +6.8% from the prior year, operating profit -20536.6%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥7.68B |  |
| Operating income | -¥503.1M | Margin -6.5% |
| Net income | -¥930.1M | Margin -12.1% |
| Free cash flow | -¥167.1M |  |
| Employees (consolidated) | 314 |  |
| EPS | ¥-409.53 |  |
| Book value per share | ¥537.98 |  |
| Equity ratio | 41.6% |  |
| Shares outstanding | 2,447,320 |  |
| Treasury shares | 200 |  |
| Shareholders | 10,165 |  |
| Average salary (parent only) | ¥4M | Filing company only |
| Cash ratio | 20.6% | Cash ÷ revenue 8.5% |
| Vs. industry median margin | -10.5 pp | Restaurants & Pubs |
| ROA | -25.6% | Derived from disclosed figures |

## What changed in 5 years

Currency or consolidation scope differs; percentage changes are omitted.

| Metric | FY ending Jun 2021 | FY ending Jan 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥4320705000 | ¥7683476000 | — |
| Operating income | ¥-122400000 | ¥-503148000 | — |
| Operating margin | -2.8% | -6.5% | -3.7 pp |
| Employees | 238 people | 314 people | — |
| Cash and equivalents | ¥1663046000 | ¥650715000 | — |

### Change in segment revenue mix

Span: FY ending Jun 2021 → FY ending Jan 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

## Income statement（FY ending Jan 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 7,683 | 100.0% | S100Y07P |
| Cost of revenue | 2,505 | 32.6% | S100Y07P |
| Gross profit | 5,179 | 67.4% | S100Y07P |
| SG&A | 5,682 | 74.0% | S100Y07P |
| Operating income | -503 | -6.5% | S100Y07P |
| Ordinary income | -516 | -6.7% | S100Y07P |
| Pretax income | -835 | -10.9% | S100Y07P |
| Income tax | 95 | 1.2% | S100Y07P |
| Net income | -930 | -12.1% | S100Y07P |
| Net income attributable to owners | -930 | -12.1% | S100Y07P |

## Per ¥100 of revenue（FY ending Jan 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 33 |
| SG&A | 74 |
| Operating income | -7 |
| (Ref.) Net income | -12 |

### Margin funnel

Gross margin 67.4% → Operating margin -6.5% → Net margin -12.1%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Turned to a loss
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Jan 2025 → FY ending Jan 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 7,196 | 7,683 | 487 | +6.8% |
| Gross profit | 5,168 | 5,179 | 11 | +0.2% |
| Operating income | 2 | -503 | -506 | -20536.6% |
| Net income attributable to owners | -268 | -930 | -662 | — |
| Operating cash flow | -210 | 3 | 212 | — |
| Free cash flow | -867 | -167 | 700 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2021 | 4,321 | -122 | -2.8% | 13 | 546 | 264 | S100NYZ3 |
| FY ending Jan 2022 | 3,609 | 245 | 6.8% | 223 | 330 | 106 | S100NYZ3 |
| FY ending Jan 2023 | 5,847 | -130 | -2.2% | -379 | -155 | -576 | S100TC1X |
| FY ending Jan 2024 | 7,061 | 438 | 6.2% | 248 | 857 | 701 | S100VSKS |
| FY ending Jan 2025 | 7,196 | 2 | 0.0% | -268 | -210 | -867 | S100Y07P |
| FY ending Jan 2026 | 7,683 | -503 | -6.5% | -930 | 3 | -167 | S100Y07P |

## People and productivity（FY ending Jan 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥24.5M |
| Operating income per employee (consolidated) | -¥1.6M |
| Net income per employee (consolidated) | -¥3M |

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

| History | FY ending Jan 2022 | FY ending Jan 2023 | FY ending Jan 2024 | FY ending Jan 2025 | FY ending Jan 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 248 | 248 | 257 | 279 | 314 |
| Average salary (parent company) | ¥3.9M | ¥4.4M | ¥3.8M | ¥3.5M | ¥4M |
| Average age (parent company) | 29.7 years | 36.3 years | 35.9 years | 33.8 years | 32.8 years |
| Average tenure (parent company) | 2.3 years | 3.9 years | 4.2 years | 4.7 years | 4.0 years |

Year over year: Employees (consolidated) +12.5% · Revenue (consolidated) +6.8%

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Jan 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 3 | 0.0% | S100Y07P |
| Capital expenditure | 170 | 2.2% | S100Y07P |
| Free cash flow | -167 | -2.2% | 算出 |
| Investing cash flow | -169 | -2.2% | S100Y07P |
| Financing cash flow | -338 | -4.4% | S100Y07P |
| Dividends paid | 24 | 0.3% | S100Y07P |
| Change in cash | -505 | -6.6% | S100Y07P |
| Cash and equivalents | 651 | 8.5% | S100Y07P |

## 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 Jan 2022 | FY ending Jan 2023 | FY ending Jan 2024 | FY ending Jan 2025 | FY ending Jan 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 1,981 | 1,035 | 2,142 | 1,156 | 651 | S100NYZ3, S100VSKS, S100Y07P |
| Total assets | 4,240 | 3,783 | 4,577 | 4,108 | 3,164 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Net assets | 1,935 | 1,556 | 2,567 | 2,274 | 1,318 | S100NYZ3, S100VSKS, S100Y07P |
| Share capital | 766 | 771 | 1,162 | 1,163 | 1,163 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Property, plant and equipment | 1,343 | 1,436 | 1,335 | 1,601 | 1,293 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Intangible assets excluding goodwill | 18 | 11 | 19 | 18 | 12 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Investment securities | 13 | 18 | 15 | — | — | S100NYZ3, S100TC1X, S100VSKS |
| Current assets | 2,307 | 1,704 | 2,599 | 1,871 | 1,338 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Current liabilities | 1,466 | 1,152 | 1,221 | 1,133 | 1,392 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Short-term borrowings | 520 | — | — | 44 | 83 | S100NYZ3, S100Y07P |
| Long-term borrowings | 713 | 874 | 608 | 500 | 265 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Total liabilities | 2,305 | 2,228 | 2,009 | 1,835 | 1,846 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Equity attributable to owners of parent | 1,923 | 1,542 | 2,562 | 2,271 | 1,316 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Retained earnings | 405 | 14 | 251 | -42 | -996 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |
| Treasury stock | -1 | -1 | -1 | -1 | -1 | S100NYZ3, S100TC1X, S100VSKS, S100Y07P |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 21% | S100Y07P |
| Property, plant and equipment | 41% | S100Y07P |
| Intangibles and goodwill | 0% | S100Y07P |
| Other assets | 38% | S100Y07P |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 58% | S100Y07P |
| Equity | 42% | S100Y07P |

### Balance sheet history

| Metric | FY ending Jan 2022 | FY ending Jan 2023 | FY ending Jan 2024 | FY ending Jan 2025 | FY ending Jan 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 4,240 | 3,783 | 4,577 | 4,108 | 3,164 |
| Equity | 1,935 | 1,556 | 2,567 | 2,274 | 1,318 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 1,981 | 1,035 | 2,142 | 1,156 | 651 |

## 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) | 16.8% | S100Y07P |
| Fixed assets ÷ total assets | 40.9% | S100Y07P |
| Goodwill ÷ parent equity | — | —, S100Y07P |

### 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) | 20.6% |
| Cash ÷ revenue | 8.5% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | — |
| Cash vs. profit gap | 933 JPY mn |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 2.2% |
| Investing CF relative to operating CF | 6756.7% |

## 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 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 6.2% | 0.85× | 5.3% | 2.20× | 11.6% | S100NYZ3 |
| 2023 | — | —× | -10.0% | —× | — | S100TC1X |
| 2024 | 3.5% | 1.69× | 5.9% | 2.04× | 12.1% | S100VSKS |
| 2025 | — | —× | -6.2% | —× | — | S100Y07P |
| 2026 | — | —× | -25.6% | —× | — | S100Y07P |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 井石 裕二 | Major shareholder | 19.3% | 2026-01-31 |
| 田中 竜也 | Major shareholder | 14.3% | 2026-01-31 |
| 株式会社ＢＯＲＡ | Major shareholder | 9.8% | 2026-01-31 |
| 株式会社ＩＫＩ | Major shareholder | 9.1% | 2026-01-31 |
| 三菱ＵＦＪｅスマート証券株式会社 | Major shareholder | 0.7% | 2026-01-31 |
| 宇野 泰久 | Major shareholder | 0.2% | 2026-01-31 |
| ＮＡＴＴＹ ＳＷＡＮＫＹ従業員持株会 | Major shareholder | 0.2% | 2026-01-31 |
| 株式会社ＳＢＩ証券 | Major shareholder | 0.2% | 2026-01-31 |
| 福田 亮介 | Major shareholder | 0.2% | 2026-01-31 |
| 伊藤 俊介 | Major shareholder | 0.2% | 2026-01-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第25期(2025/02/01－2026/01/31) | S100Y07P | 2026-04-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Y07P,, |
| 訂正有価証券報告書－第24期(2024/02/01－2025/01/31) | S100VSKS | 2025-05-21 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VSKS,, |
| 有価証券報告書－第23期(2023/02/01－2024/01/31) | S100TC1X | 2024-04-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TC1X,, |
| 訂正有価証券報告書－第22期(2022/02/01－2023/01/31) | S100S0X3 | 2023-10-13 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100S0X3,, |
| 訂正有価証券報告書－第21期(令和3年7月1日－令和4年1月31日) | S100NYZ3 | 2022-04-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100NYZ3,, |

## 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).