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BuySell Technologies Co., Ltd.
(7685)
BuySell Technologies Co., Ltd. (7685) vs. iShares MSCI Japan ETF (EWJ)
BuySell Technologies Co., Ltd. Business Overview & Revenue Model
BuySell Technologies Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 79.27B | 100.61B | 59.97B | 42.57B | 33.72B | 24.79B |
| Gross Profit | 41.86B | 52.38B | 31.66B | 24.49B | 19.86B | 14.49B |
| EBITDA | 8.65B | 11.35B | 5.79B | 3.84B | 4.26B | 2.58B |
| Net Income | 3.99B | 5.27B | 2.41B | 1.45B | 2.27B | 1.31B |
Balance Sheet | ||||||
| Total Assets | 52.06B | 54.72B | 46.38B | 21.32B | 17.64B | 10.29B |
| Cash, Cash Equivalents and Short-Term Investments | 19.02B | 19.98B | 13.22B | 7.76B | 7.00B | 4.77B |
| Total Debt | 25.50B | 23.99B | 26.92B | 8.07B | 5.05B | 3.12B |
| Total Liabilities | 33.32B | 33.29B | 33.88B | 12.71B | 9.41B | 5.69B |
| Stockholders Equity | 18.74B | 21.43B | 12.49B | 8.61B | 8.24B | 4.59B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 7.11B | 1.04B | 53.96M | 2.42B | 1.66B |
| Operating Cash Flow | 0.00 | 7.52B | 2.13B | 1.24B | 2.97B | 2.08B |
| Investing Cash Flow | 0.00 | -1.13B | -14.44B | -1.61B | -2.35B | -449.67M |
| Financing Cash Flow | 0.00 | 394.66M | 17.82B | 1.05B | 1.59B | -478.68M |
BuySell Technologies Co., Ltd. Technical Analysis
BuySell Technologies Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥116.70B | 18.77 | ― | 2.24% | 22.22% | 26.29% | |
74 Outperform | ¥29.15B | 12.36 | ― | 3.77% | 7.88% | -5.92% | |
66 Neutral | ¥24.99B | 17.26 | ― | 3.53% | -2.73% | -51.48% | |
65 Neutral | ¥180.42B | 33.64 | ― | 0.64% | 57.01% | 91.03% | |
65 Neutral | ¥45.48B | 14.84 | ― | 2.19% | 17.90% | 14.14% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
BuySell Technologies Co., Ltd. Corporate Events
BuySell Technologies reported strong January 2026 results in its group home-visit purchase business, with purchases reaching 1,458 million yen, or 154% of the prior-year level. Management highlighted that strategic initiatives to boost revisit appointments and focus on high-value items lifted gross profit per visit to 159% of the previous year, underscoring improved profitability per customer contact.
Home-visit volumes also expanded, with 32,853 visits in January, representing 117% year-on-year, supported by robust revisit rates at BuySell and Fuku-chan and steady growth in new inquiries. As the impact of newly consolidated subsidiaries Fuku-chan and Nikkou-dou has normalized from January 2026, the company noted that both purchase volumes and visit numbers now reflect steady organic growth, reinforcing its operational momentum in the reuse market.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies announced its FY 2025 settlement report, outlining its financial results and key performance indicator trends, alongside investment highlights and an executive overview. The company also provided FY 2026 earnings forecasts and revealed an upward revision to its mid-term management plan guidance for FY 2027, signaling a more optimistic outlook for its future growth trajectory.
The revised financial targets suggest management confidence in stronger-than-previously-expected performance, which may enhance the firm’s positioning within the Growth Market segment. For stakeholders, the combination of detailed FY 2025 results and upgraded mid-term guidance indicates a focus on sustained expansion, operational execution, and potentially improved shareholder value over the coming years.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies will absorb the in-store purchase business of its wholly owned subsidiary REGATE Inc. through a simplified absorption-type split effective April 1, 2026, following a January 2026 reorganization that consolidated in-store operations under the “BuySell” brand. The move aligns brand names with operating entities, centralizes assets and obligations related to the in-store purchase business at the parent company, and is intended to streamline group management and accelerate integrated business development without affecting capital structure or requiring shareholder approval.
As part of the transaction, BuySell will become the direct operator of the in-store business previously run as “FUKU-CHAN” stores by REGATE, while REGATE will continue in the group’s home visit purchase segment alongside other brands. The company states there will be no change to existing share acquisition rights, no consideration paid as the deal is intra-group, and no issues are expected regarding the fulfillment of obligations after the reorganization, suggesting minimal financial disruption while strengthening operational coherence and brand consistency across the group.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies plans to acquire all shares of DelightZ Co., Ltd. and convert it into a wholly owned subsidiary via a combination of direct share acquisition and a simplified share exchange that does not require shareholder approval. DelightZ will first divest its food and beverage, fisheries, and estate liquidation operations, leaving only its reuse-focused in-store purchase business, which BuySell will then fully integrate into its group structure.
DelightZ operates 14 “Kaitori Senmonten Yukichi” reuse stores in the Kyushu region, mainly in Nagasaki and Saga, where it enjoys strong local brand recognition and prime locations. By taking control of this network, BuySell aims to strengthen its purchasing channels in a region where it has limited presence, advance its M&A-driven growth strategy, and generate synergies through data-driven management and post-merger integration.
Under the transaction structure, BuySell will purchase 875 of DelightZ’s 1,000 outstanding shares from the current owner, Yuya Kuroda, and will acquire the remaining 125 shares through a share exchange settled by issuing 60,400 new BuySell shares. Following a planned company split on March 31, 2026, the resulting DelightZ entity will consist solely of the reuse business, with Kuroda holding 100% of its shares immediately prior to BuySell’s staged acquisition and exchange.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies Co., Ltd. will implement a two-for-one stock split of its common shares, with March 31, 2026 set as the record date and April 1, 2026 as the effective date. The total number of issued shares will double from 30,877,880 to 61,755,760, with authorized shares set at 192,000,000, though the final figures may rise slightly if share acquisition rights are exercised before the record date.
The company aims to lower its investment unit price through this stock split, seeking to enhance liquidity in its shares and broaden its investor base. By making the stock more accessible to a wider range of investors, BuySell Technologies is positioning itself for potentially increased trading activity and greater market participation from both existing and new shareholders.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies has nominated seven candidates for director positions, including three outside directors, to be voted on at its 25th Ordinary General Meeting of Shareholders on March 26, 2025. The move follows the expiration of current directors’ terms and reflects an effort to maintain a streamlined board while ensuring independent oversight and strategic continuity.
The nominations include the reappointment of President and CEO Kosuke Tokushige, Representative Director and Chairman Kyohei Iwata, and CFO Koji Ono, alongside the promotion of Executive Officer Takayuki Nakamura to Director and CSO. The company is also adding seasoned executive Taichi Hattori as a new outside director and continuing to designate key outside directors as independent, signaling a focus on strengthening governance, strategic planning, and stakeholder confidence.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies’ board has resolved to pay a year-end dividend of 25 yen per share for the fiscal year ended December 31, 2025, matching its latest forecast and up from the equivalent 15 yen per share paid a year earlier after adjusting for a 2-for-1 stock split. The total payout will be 771 million yen, sourced from retained earnings, and the proposal will be submitted for approval at the annual shareholders’ meeting on March 26, 2026.
Management reiterated its dividend policy of providing stable and continuous shareholder returns with a target payout ratio of around 20%, while preserving internal reserves to support future business development. The company plans to deploy retained earnings toward investments aimed at achieving non-linear growth, with a particular focus on funding mergers and acquisitions to strengthen its management structure and expand its business.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies reported strong consolidated results for the year ended December 31, 2025, with net sales surging 67.8% to ¥100.6 billion and profit attributable to owners of parent jumping 118.6% to ¥5.27 billion. Profitability metrics improved markedly, including a return on equity of 31.9% and higher operating and ordinary profit margins, while total assets and equity rose, reflecting an enhanced financial base.
Operating cash flow more than tripled to ¥7.5 billion and year-end cash and cash equivalents climbed to ¥19.99 billion, supporting both shareholder returns and growth investment. The company maintained a year-end dividend, adjusted for stock splits, and announced another 2-for-1 split effective April 1, 2026, while forecasting further double-digit growth in sales and earnings for fiscal 2026, underscoring its confidence in continued expansion.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies reported strong results for the year ended December 31, 2025, with net sales surging 67.8% to ¥100.6 billion and profit attributable to owners of parent jumping 118.6% to ¥5.27 billion, lifting ROE to 31.9%. The balance sheet also strengthened, as total assets rose to ¥54.7 billion, equity ratio improved to 38.2%, and operating cash flow more than tripled to ¥7.52 billion.
Shareholder returns remain in focus, with a year-end dividend of ¥25 per share and another 2-for-1 stock split approved for April 1, 2026, following the split executed in early 2025. For fiscal 2026, the company forecasts continued double-digit growth, targeting 29.2% higher net sales at ¥130 billion and a 42.3% increase in profit attributable to owners of parent to ¥7.5 billion, underscoring confidence in its growth strategy and expanded consolidation scope.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen5489.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies reported strong growth in its Group Home-Visit Purchase Business for December 2025, with purchase value reaching 1,450 million yen, or 239% of the previous year’s level, and home visit volume rising to 34,082, or 190% year-on-year. The surge reflects the first-time consolidation of Fuku-chan and Nikkou-dou into group results, record-high revisit rates at both BuySell and Fuku-chan driven by strategic initiatives to increase repeat customers, and enhanced antique purchasing supported by group expertise; together these factors lifted gross profit per visit above last year and indicate steady improvement in the profitability and operational efficiency of the company’s core reuse business.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen4423.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies Co., Ltd. reported significant growth in its November 2025 business update, with purchases reaching 1,736 million yen, a 240% increase from the previous year. This growth is attributed to strategic acquisitions and improved revisit rates, with the company aiming to standardize operations to further enhance performance. The number of home visits also saw a substantial rise, driven by effective inside sales strategies and exceeding medium-term management plan targets.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen4503.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.
BuySell Technologies Co., Ltd. announced that despite strong performance in Q3, it has strategically decided to carry over inventory to the next fiscal year, keeping sales and gross profit forecasts unchanged. The company is on track to potentially achieve its medium-term management plan targets ahead of schedule, driven by strong business performance and strategic planning.
The most recent analyst rating on (JP:7685) stock is a Buy with a Yen4503.00 price target. To see the full list of analyst forecasts on BuySell Technologies Co., Ltd. stock, see the JP:7685 Stock Forecast page.