# SOCIALWIRE CO., LTD.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第20期(2025/04/01－2026/03/31) (S100YF9R)
> Page: https://vizora.meequs.com/en/company/socialwire
> Retrieved: 2026-09-30T20:23:46.100Z

## Company

Socialwire, founded in 2006, is a company in Advertising listed on TSE Growth. It has 153 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | SOCIALWIRE CO.,LTD. |
| Ticker | 3929 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/3929.T) |
| Listing | TSE Growth |
| Head office | 東京都港区新橋一丁目1-13 アーバンネット内幸町ビル3階 (注)2026年9月1日より本店は下記に移転する予定であります。 東京都港区港南二丁目12番32号 SOUTH PORT品川5階 |
| Representative (per filing) | 代表取締役社長 矢田 峰之 |
| Founded | Sep 2006 |
| Share capital | ¥100M |
| Employees (consolidated) | 153 |
| Average salary (parent only) | ¥5.4M |
| Fiscal year end | March |
| Website | www.socialwire.net (https://www.socialwire.net/) |
| Corporate number | 3011101058626 |
| EDINET | E31955 |
| Industries (Vizora) | Advertising |

> Profile source: annual securities report (S100YF9R, filed 2026-06-24). As of filing

## Five-axis industry profile

Primary industry: Advertising (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 13.2 | 57 |
| Profitability | 54.1 | 86 |
| Cash conversion | 80.7 | 75 |
| Efficiency | 43.6 | 86 |

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)

- Socialwire brought in ¥3.51B in revenue.
- Out of every ¥100 of sales, about ¥7 is left as operating profit.
- Revenue changed +20.9% from the prior year, operating profit +65.9%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥3513186000 → ¥219462000
- Net income → operating cash flow: ¥219462000 → ¥292738000（difference ¥73276000）
- Main uses of operating cash flow: CapEx ¥368291000 / dividends — / buybacks —
- Change in cash: ¥-142577000
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 | ¥3.51B |  |
| Operating income | ¥227.3M | Margin 6.5% |
| Net income | ¥221.9M | Margin 6.3% |
| Free cash flow | -¥75.6M |  |
| Employees (consolidated) | 153 |  |
| EPS | ¥19.95 |  |
| Book value per share | ¥149.82 |  |
| Equity ratio | 51.2% |  |
| Shares outstanding | 11,844,800 |  |
| Treasury shares | 136,000 |  |
| Shareholders | 2,966 |  |
| Average salary (parent only) | ¥5.4M | Filing company only |
| Cash ratio | 36.5% | Cash ÷ revenue 36.1% |
| Vs. industry median margin | +0.8 pp | Advertising |
| ROE | 13.4% | Derived from disclosed figures |
| ROA | 7.4% | Derived from disclosed figures |

## Notable figures

- FY2026, employees -8% while operating income rose 66%
- FY2026, cash is 37% of total assets

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥4566083000 | ¥3513186000 | -23.1% |
| Operating income | ¥125313000 | ¥227258000 | +81.4% |
| Operating margin | 2.7% | 6.5% | +3.7 pp |
| Employees | 181 people | 153 people | -15.5% |
| Cash and equivalents | ¥942914000 | ¥1268755000 | +34.6% |

### Change in segment revenue mix

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

| Flow | Revenue share |
| --- | ---: |
| デジタルPR事業 → 事業再編・廃止 | 52.3% |
| シェアオフィス事業 → 事業再編・廃止 | 47.7% |

Segment revenue source references: 2 (derived)

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 3,513 | 100.0% | S100YF9R |
| Cost of revenue | 1,421 | 40.4% | S100YF9R |
| Gross profit | 2,092 | 59.6% | S100YF9R |
| SG&A | 1,865 | 53.1% | S100YF9R |
| Operating income | 227 | 6.5% | S100YF9R |
| Ordinary income | 205 | 5.8% | S100YF9R |
| Pretax income | 206 | 5.9% | S100YF9R |
| Income tax | -14 | -0.4% | S100YF9R |
| Net income | 219 | 6.2% | S100YF9R |
| Net income attributable to owners | 222 | 6.3% | S100YF9R |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 40 |
| SG&A | 53 |
| Operating income | 7 |
| (Ref.) Net income | 6 |

### Margin funnel

Gross margin 59.6% → Operating margin 6.5% → Net margin 6.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +20.9%; Core profit growth: +65.9%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 3.15×
Calculated from comparable annual consolidated filings.

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

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 2,905 | 3,513 | 608 | +20.9% |
| Gross profit | 1,843 | 2,092 | 249 | +13.5% |
| Operating income | 137 | 227 | 90 | +65.9% |
| Net income attributable to owners | 170 | 222 | 52 | +30.5% |
| Operating cash flow | 159 | 293 | 134 | +84.5% |
| Free cash flow | -86 | -76 | 10 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 3,925 | 201 | 5.1% | 73 | 700 | 85 | S100LL12 |
| FY ending Mar 2021 | 4,566 | 125 | 2.7% | -144 | 659 | 281 | S100OADQ |
| FY ending Mar 2022 | 4,630 | 164 | 3.5% | 29 | 558 | 296 | S100R93U |
| FY ending Mar 2023 | 4,770 | -212 | -4.4% | -877 | 100 | -266 | S100TVJZ |
| FY ending Mar 2024 | 3,670 | -3 | -0.1% | -146 | 126 | -52 | S100WJH5 |
| FY ending Mar 2025 | 2,905 | 137 | 4.7% | 170 | 159 | -86 | S100YF9R |
| FY ending Mar 2026 | 3,513 | 227 | 6.5% | 222 | 293 | -76 | S100YF9R |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥23M |
| Operating income per employee (consolidated) | ¥1.5M |
| Net income per employee (consolidated) | ¥1.5M |

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

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 175 | 173 | 170 | 166 | 153 |
| Average salary (parent company) | ¥5M | ¥5M | ¥4.9M | ¥5M | ¥5.4M |
| Average age (parent company) | 35.2 years | 35.6 years | 35.9 years | 32.2 years | 33.2 years |
| Average tenure (parent company) | 4.0 years | 4.0 years | 4.0 years | 3.0 years | 3.0 years |

Year over year: Employees (consolidated) -7.8% · Revenue (consolidated) +20.9%

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 293 | 8.3% | S100YF9R |
| Capital expenditure | 368 | 10.5% | S100YF9R |
| Free cash flow | -76 | -2.2% | 算出 |
| Investing cash flow | -1,019 | -29.0% | S100YF9R |
| Financing cash flow | 585 | 16.6% | S100YF9R |
| Change in cash | -143 | -4.1% | S100YF9R |
| Cash and equivalents | 1,269 | 36.1% | S100YF9R |

## 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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 899 | 1,015 | 354 | 1,412 | 1,269 | S100TVJZ, S100WJH5, S100YF9R |
| Total assets | 4,978 | 4,724 | 1,336 | 2,521 | 3,471 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Net assets | 1,064 | 212 | 86 | 1,575 | 1,807 | S100TVJZ, S100WJH5, S100YF9R |
| Share capital | 355 | 355 | 355 | 1,017 | 100 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Property, plant and equipment | 1,634 | 1,232 | 90 | 26 | 22 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Intangible assets excluding goodwill | 277 | 273 | 290 | 419 | 1,298 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Goodwill | 119 | 88 | 32 | 21 | 647 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Investment securities | 36 | 62 | 58 | 59 | 71 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Current assets | 1,423 | 1,677 | 798 | 1,941 | 1,948 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Current liabilities | 1,780 | 2,549 | 1,136 | 782 | 1,002 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Short-term borrowings | — | 533 | 161 | — | — | S100TVJZ, S100WJH5 |
| Long-term borrowings | 1,330 | 1,195 | 100 | 140 | 642 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Total liabilities | 3,913 | 4,512 | 1,250 | 946 | 1,665 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Non-controlling interests | 13 | 13 | 7 | 32 | 31 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Equity attributable to owners of parent | 1,040 | 163 | 17 | 1,551 | 1,773 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Retained earnings | 475 | -402 | -549 | -379 | -157 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |
| Treasury stock | -84 | -84 | -84 | -84 | -84 | S100R93U, S100TVJZ, S100WJH5, S100YF9R |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 36% | S100YF9R |
| Property, plant and equipment | 1% | S100YF9R |
| Intangibles and goodwill | 56% | S100YF9R |
| Investment securities | 2% | S100YF9R |
| Other assets | 5% | S100YF9R |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 48% | S100YF9R |
| Equity | 52% | S100YF9R |
| Other liabilities | 0% | S100YF9R |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 4,978 | 4,724 | 1,336 | 2,521 | 3,471 |
| Equity | 1,064 | 212 | 86 | 1,575 | 1,807 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 899 | 1,015 | 354 | 1,412 | 1,269 |

## 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) | 0.6% | S100YF9R |
| Fixed assets ÷ total assets | 0.6% | S100YF9R |
| Goodwill ÷ parent equity | 36.5% | S100YF9R |

Goodwill over 4 years: 119 → 647 JPY; total investing cash flow: -699 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) | 36.5% |
| Cash ÷ revenue | 36.1% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 128.8% |
| Cash vs. profit gap | 71 JPY mn (of net income 31.9%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 10.5% |
| Investing CF relative to operating CF | 348.3% |

## 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 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 0.6% | 0.93× | 0.6% | 4.79× | 2.8% | S100R93U |
| 2023 | — | —× | -18.1% | —× | — | S100TVJZ |
| 2024 | — | —× | -4.8% | —× | — | S100WJH5 |
| 2025 | 5.9% | 1.51× | 8.8% | 2.46× | 21.7% | S100YF9R |
| 2026 | 6.3% | 1.17× | 7.4% | 1.80× | 13.4% | S100YF9R |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社ジーニー | Major shareholder | 49.0% | 2026-03-31 |
| 矢田 峰之 | Major shareholder | 9.7% | 2026-03-31 |
| 株式会社SBI証券 | Major shareholder | 5.1% | 2026-03-31 |
| 佐藤 幹雄 | Major shareholder | 3.1% | 2026-03-31 |
| ユナイテッド株式会社 | Major shareholder | 2.7% | 2026-03-31 |
| ＤＢＳ ＢＡＮＫ ＬＴＤ．７００１０４（加藤 順彦） （常任代理人 株式会社みずほ銀行 決済営業部） | Major shareholder | 2.6% | 2026-03-31 |
| 楽天証券株式会社共有口 | Major shareholder | 1.5% | 2026-03-31 |
| 荻巣 知子 | Major shareholder | 1.0% | 2026-03-31 |
| 藤原 直美(戸籍名：川副 直美) | Major shareholder | 1.0% | 2026-03-31 |
| 石田 朝子 | Major shareholder | 1.0% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第20期(2025/04/01－2026/03/31) | S100YF9R | 2026-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YF9R,, |
| 訂正有価証券報告書－第19期(2024/04/01－2025/03/31) | S100WJH5 | 2025-08-18 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WJH5,, |
| 有価証券報告書－第18期(2023/04/01－2024/03/31) | S100TVJZ | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TVJZ,, |
| 有価証券報告書－第17期(2022/04/01－2023/03/31) | S100R93U | 2023-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R93U,, |
| 有価証券報告書－第16期(令和3年4月1日－令和4年3月31日) | S100OADQ | 2022-06-20 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OADQ,, |
| 有価証券報告書－第15期(令和2年4月1日－令和3年3月31日) | S100LL12 | 2021-06-21 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LL12,, |

## 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).