Valuation: Path Corporation

Market Cap 4.71B 29.73M 25.51M 23.82M 21.85M 41.09M 2.84B 41.77M 281M 110M 1.43B 112M 109M P/E 2025
-22.5x
P/E 2026 -4.06x
Enterprise Value 4.61B 29.06M 24.93M 23.28M 21.36M 40.16M 2.78B 40.82M 275M 108M 1.39B 109M 107M EV / Sales 2025
3.17x
EV / Sales 2026 2.29x
Free-Float
50.99%
Yield 2025 *
-
Yield 2026 -
03-30 Uniroot Co., Ltd. completed the acquisition of Sanwa Seisakusho Co., Ltd. from Path Corporation for ¥800. CI
11-30 Path Corporation announced that it has received ¥2.5 million in funding from Evolution Capital Management LLC, Sustaina Co., Ltd. CI
20/10/25 Path Corporation agreed to acquire 26.70% stake in Kawaminami Biomass Power Plant Co., Ltd. from Shinrin Power Holdings Co., Ltd. for approximately ¥140 million. CI
27/02/25 Path Corporation completed the acquisition of Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
25/11/24 Path Corporation announced that it expects to receive ¥845.554456 million in funding from Evolution Capital Management LLC, Sustaina Co., Ltd., Unilot Limited CI
21/10/24 Path Corporation signed a letter of intent to acquire Sanwa Corporation from Yuichiro Saito, Tomoko Saito and Sanwa Tsusho Co., Ltd. CI
15/05/23 Path Corporation Reports Earnings Results for the Full Year Ended March 31, 2023 CI
30/01/23 Path Corporation completed the acquisition of RMDC Co., Ltd from Eill Co., Ltd. CI
19/12/22 Path Corporation entered into share exchange agreement to acquire RMDC Co., Ltd from Eill Co., Ltd. for ¥100 million. CI
24/04/22 Path Corporation announced that it has received ¥499.998 million in funding CI
07/04/22 Path Corporation announced that it expects to receive ¥499.998 million in funding CI
18/10/21 Hayate Management Submits Shareholder Proposal to Path CI
20/04/21 Path Corporation announced that it has received ¥15.96 million in funding from Hayate Management Co., Ltd. CI
1 day+1.79%
1 week+1.79%
1 month-6.56%
3 months-5.00%
6 months+5.56%
Current year-3.39%
1 week 55
Extreme 55
58
1 month 54
Extreme 54
63
Current year 51
Extreme 51
104
1 year 51
Extreme 51
121
3 years 51
Extreme 51
177
5 years 45
Extreme 45
177
10 years 45
Extreme 45
389
Manager TitleAgeSince
Chief Executive Officer 63 31/05/2025
Chief Operating Officer 56 31/05/2021
Investor Relations Contact 50 -
Director TitleAgeSince
Director/Board Member 56 31/05/2021
Director/Board Member 57 31/05/2021
Director/Board Member 50 31/05/2022
Change 5-day change 1-year change 3-year change Capi.($)
+1.79%+1.79%-49.11%-45.19% 29.21M
+0.85%+0.60%-5.19%-3.12% 237B
-0.86%-5.49%+26.78% - 49.77B
+0.65%-2.77%+77.88% - 10.33B
+4.71%+5.43%+44.84%-39.42% 8.83B
+2.63%+0.66%+11.88%+11.97% 5.92B
-1.11%+7.52%-17.82%-17.07% 5.88B
-1.51%-0.29%+1.64%-11.63% 3.75B
+3.15%-2.53%-31.61%-47.30% 3.24B
+0.54%+6.74%-16.43%-44.17% 2.68B
Average +1.08%+1.05%+4.29%-24.49% 32.78B
Weighted average by Cap. +0.64%+0.09%+3.43%-5.36%

Financials

2025 2026
Net sales 2.25B 14.21M 12.19M 11.39M 10.45M 19.64M 1.36B 19.97M 134M 52.61M 681M 53.37M 52.21M 2.37B 14.95M 12.83M 11.98M 10.99M 20.66M 1.43B 21M 141M 55.34M 717M 56.15M 54.92M
Net income -276M -1.74M -1.49M -1.39M -1.28M -2.41M -166M -2.45M -16.46M -6.44M -83.48M -6.54M -6.4M -1.28B -8.05M -6.91M -6.45M -5.92M -11.13M -769M -11.31M -76.09M -29.8M -386M -30.23M -29.57M
Net Debt -41M -259K -222K -207K -190K -357K -24.72M -363K -2.44M -957K -12.4M -971K -950K -107M -675K -579K -541K -496K -933K -64.53M -948K -6.38M -2.5M -32.36M -2.53M -2.48M
Logo Path Corporation
PATH corporation is a Japan-based company mainly engaged in mail order business and blockchain related business. The Company operates through two business segments. The Mail-order segment is engaged in the planning, development and sale of products related with beauty and health. The Company sells Ex:beaute brand cosmetics products such as Actress skin foundation and other cosmetics. It mainly develops business through television (TV), catalogs, Web, and over-the-counter sales. The Blockchain related segment provides consulting services on platforms and applications using blockchain technology, and initial coin offering (ICO). It is also engaged in the provision of Bastion, a custody business management system for virtual currency exchange companies, and BastionPay, a cashless promotion system using blockchain technology.
Employees
50
Date Price Change Volume
20/08/26 JP¥57.00 +1.79% 72,100
19/08/26 JP¥56.00 -1.75% 62,700
18/08/26 JP¥57.00 +1.79% 22,800
17/08/26 JP¥56.00 0.00% 35,200
14/08/26 JP¥56.00 +1.82% 237,800

Quarterly revenue - Rate of surprise

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