Overview
- TickerTHH on Nasdaq1
- IndustryServices-Miscellaneous Amusement & Recreation1
- HeadquartersE91
- Incorporated inCayman Islands2
- Business addressRoom 502, Pmo Ex Honmachi, 3-1-10 Honmachi, Chuo-Ku, 541-00532
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Act regulating the solicitation of proxies, consents or authorizations in respect of a security registered under the Exchange Act;3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Consultancy and management [member] brought in 70% of the revenue TryHard Holdings Ltd broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Consultancy and management [member] | 2.0B JPY | 2.2B JPY | 2.5B JPY |
| Events curation [member] | 594.4M JPY | 894.6M JPY | 898.8M JPY |
| Restaurant operation [member] | 113.5M JPY | 112.7M JPY | 92.5M JPY |
| Sub-leasing [member] | 289.9M JPY | 283.1M JPY | 67.3M JPY |
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| External | 3.4B JPY | 3.5B JPY | 3.0B JPY |
| Related parties | 135.9M JPY | ||
| Total revenues | 3.5B JPY | 3.5B JPY | 3.0B JPY |
| External | -2.8B JPY | -2.7B JPY | -2.4B JPY |
| Related parties | -31.0M JPY | ||
| Total cost of revenue | -2.8B JPY | -2.7B JPY | -2.4B JPY |
| Gross profit | 700.5M JPY | 780.6M JPY | 581.8M JPY |
| Selling and marketing expenses | -264.9M JPY | -228.1M JPY | -212.1M JPY |
| Selling and marketing expenses | -7.3M JPY | ||
| General and administrative expenses | -502.3M JPY | -404.2M JPY | -306.5M JPY |
| Total operating expenses | -774.5M JPY | -632.3M JPY | -518.6M JPY |
| Other income | 182.4M JPY | 16.4M JPY | 25.7M JPY |
| Other expenses | -51.3M JPY | -4.4M JPY | -16.5M JPY |
| Total other income, net | 131.1M JPY | 12.0M JPY | 9.2M JPY |
| Operating profit | 57.0M JPY | 160.3M JPY | 72.4M JPY |
| Share of income of investments in an associate | 14.0M JPY | -1.1M JPY | |
| Gain on disposal of a subsidiary | 94.0M JPY | ||
| Finance income | 180.0K JPY | ||
| Finance costs | -22.0M JPY | -21.6M JPY | -21.1M JPY |
| Profit before income tax expenses | 49.2M JPY | 231.6M JPY | 51.2M JPY |
| Income tax expenses | -34.1M JPY | -94.2M JPY | -18.3M JPY |
| Net profit (loss) for the period and total comprehensive income | 15.1M JPY | 137.4M JPY | 33.0M JPY |
| Weighted average number of ordinary shares - basic | 50.8M shares | 50.8M shares | 50.8M shares |
| Weighted average number of ordinary shares - diluted | 50.8M shares | 50.8M shares | 50.8M shares |
| Earnings per ordinary share - basic | 0.30 JPY | 2.71 JPY | 0.65 JPY |
| Earnings per ordinary share - diluted | 0.30 JPY | 2.71 JPY | 0.65 JPY |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 6 quarters (quarterly), latest first.4
| Period ending | 2025-06-30 | 2025-04-30 | 2024-08-31 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 13.3M JPY | 94.1M JPY | 69.5M JPY | ||
| Cash and cash equivalents | 1.8M JPY | ||||
| Accounts receivable-third parties, net | 1.0B JPY | 644.9M JPY | |||
| Accounts receivable-related parties | 107.0K JPY | ||||
| Net investment in sublease, current | 172.2M JPY | 117.4M JPY | |||
| Inventories, net | 15.3M JPY | 289.0K JPY | |||
| Other current assets, net | 35.5M JPY | 44.7M JPY | |||
| Total current assets | 1.3B JPY | 901.3M JPY | |||
| Property and equipment, net | 989.4M JPY | 1.0B JPY | 1.0B JPY | ||
| Investments in an associate | 16.9M JPY | 2.9M JPY | |||
| Operating lease right-of-use assets | 849.0M JPY | 1.1B JPY | |||
| Finance lease right-of-use assets | 17.9M JPY | 17.6M JPY | |||
| Deferred tax assets, net | 66.4M JPY | 25.0M JPY | |||
| Net investment in sublease, non-current | 111.5M JPY | 153.3M JPY | |||
| Deferred offering costs | 207.5M JPY | ||||
| Other non-current assets | 162.8M JPY | 123.3M JPY | |||
| Total current assets | 2.4B JPY | 2.5B JPY | |||
| Total assets | 3.7B JPY | 3.4B JPY | |||
| Bank and other borrowings | 116.2M JPY | 146.1M JPY | |||
| Accounts payable | 258.2M JPY | 197.4M JPY | |||
| Accounts payable | 12.9M JPY | ||||
| Other payables and accruals | 305.2M JPY | 291.4M JPY | |||
| Income tax payable | 168.3M JPY | 105.7M JPY | |||
| Contract liabilities | 348.0K JPY | 253.0K JPY | |||
| Amount due to related parties | 26.6M JPY | ||||
| Operating lease liabilities, current | 374.7M JPY | 237.9M JPY | |||
| Finance lease liabilities, current | 5.3M JPY | 4.3M JPY | |||
| Total current liabilities | 1.3B JPY | 983.0M JPY | |||
| Bank and other borrowings, non-current | 766.7M JPY | 763.9M JPY | |||
| Asset retirement obligation | 386.0K JPY | 16.3M JPY | 15.8M JPY | ||
| Operating lease liabilities, non-current | 737.9M JPY | 1.2B JPY | |||
| Finance lease liabilities, non-current | 13.2M JPY | 13.4M JPY | |||
| Rental deposits | 90.8M JPY | 77.1M JPY | |||
| Other non-current liabilities | 16.1M JPY | 5.8M JPY | |||
| Total non-current liabilities | 1.6B JPY | 2.0B JPY | |||
| Total liabilities | 2.9B JPY | 3.0B JPY | |||
| Ordinary shares (par value of US$0.00002 per share; 22,500,000,000 ordinary shares authorized, 48,750,000 ordinary shares issued and outstanding as of June 30, 2024 and December 31, 2024)* | 157.0K JPY | 157.0K JPY | |||
| Series A preferred shares (par value of US$0.00002 per share; 2,500,000,000 series A preferred shares authorized, 2,000,000 series A preferred shares issued and outstanding as of June 30, 2024 and 2025)* | 6.0K JPY | 6.0K JPY | |||
| Share subscription receivable | -6.0K JPY | -6.0K JPY | |||
| Merger reserve | 459.2M JPY | 79.8M JPY | |||
| Retained earnings | 321.9M JPY | 306.8M JPY | |||
| Total shareholders equity | 781.3M JPY | 386.8M JPY | 219.4M JPY | ||
| Total liabilities and shareholders' equity | 3.7B JPY | 3.4B JPY | |||
| Par value per share | $0.00 | $0.00 | |||
| Number of shares authorised | 500.0M shares | ||||
| Number of shares issued | 1.0M shares |
| Period ending | 2025-06-30 | 2025-04-30 | 2024-08-31 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 13.3M JPY | 94.1M JPY | 69.5M JPY | 53.0M JPY | ||
| Cash and cash equivalents | 1.8M JPY | |||||
| Accounts receivable-third parties, net | 1.0B JPY | 644.9M JPY | ||||
| Accounts receivable-related parties | 107.0K JPY | |||||
| Net investment in sublease, current | 172.2M JPY | 117.4M JPY | ||||
| Inventories, net | 15.3M JPY | 289.0K JPY | ||||
| Other current assets, net | 35.5M JPY | 44.7M JPY | ||||
| Total current assets | 1.3B JPY | 901.3M JPY | ||||
| Property and equipment, net | 989.4M JPY | 1.0B JPY | 1.0B JPY | |||
| Investments in an associate | 16.9M JPY | 2.9M JPY | ||||
| Operating lease right-of-use assets | 849.0M JPY | 1.1B JPY | ||||
| Finance lease right-of-use assets | 17.9M JPY | 17.6M JPY | ||||
| Deferred tax assets, net | 66.4M JPY | 25.0M JPY | ||||
| Net investment in sublease, non-current | 111.5M JPY | 153.3M JPY | ||||
| Deferred offering costs | 207.5M JPY | |||||
| Other non-current assets | 162.8M JPY | 123.3M JPY | ||||
| Total current assets | 2.4B JPY | 2.5B JPY | ||||
| Total assets | 3.7B JPY | 3.4B JPY | ||||
| Bank and other borrowings | 116.2M JPY | 146.1M JPY | ||||
| Accounts payable | 258.2M JPY | 197.4M JPY | ||||
| Accounts payable | 12.9M JPY | |||||
| Other payables and accruals | 305.2M JPY | 291.4M JPY | ||||
| Income tax payable | 168.3M JPY | 105.7M JPY | ||||
| Contract liabilities | 348.0K JPY | 253.0K JPY | ||||
| Amount due to related parties | 26.6M JPY | |||||
| Operating lease liabilities, current | 374.7M JPY | 237.9M JPY | ||||
| Finance lease liabilities, current | 5.3M JPY | 4.3M JPY | ||||
| Total current liabilities | 1.3B JPY | 983.0M JPY | ||||
| Bank and other borrowings, non-current | 766.7M JPY | 763.9M JPY | ||||
| Asset retirement obligation | 386.0K JPY | 16.3M JPY | 15.8M JPY | |||
| Operating lease liabilities, non-current | 737.9M JPY | 1.2B JPY | ||||
| Finance lease liabilities, non-current | 13.2M JPY | 13.4M JPY | ||||
| Rental deposits | 90.8M JPY | 77.1M JPY | ||||
| Other non-current liabilities | 16.1M JPY | 5.8M JPY | ||||
| Total non-current liabilities | 1.6B JPY | 2.0B JPY | ||||
| Total liabilities | 2.9B JPY | 3.0B JPY | ||||
| Ordinary shares (par value of US$0.00002 per share; 22,500,000,000 ordinary shares authorized, 48,750,000 ordinary shares issued and outstanding as of June 30, 2024 and December 31, 2024)* | 157.0K JPY | 157.0K JPY | ||||
| Series A preferred shares (par value of US$0.00002 per share; 2,500,000,000 series A preferred shares authorized, 2,000,000 series A preferred shares issued and outstanding as of June 30, 2024 and 2025)* | 6.0K JPY | 6.0K JPY | ||||
| Share subscription receivable | -6.0K JPY | -6.0K JPY | ||||
| Merger reserve | 459.2M JPY | 79.8M JPY | ||||
| Retained earnings | 321.9M JPY | 306.8M JPY | ||||
| Total shareholders equity | 781.3M JPY | 386.8M JPY | 219.4M JPY | 186.5M JPY | ||
| Total liabilities and shareholders' equity | 3.7B JPY | 3.4B JPY | ||||
| Par value per share | $0.00 | $0.00 | ||||
| Number of shares authorised | 500.0M shares | |||||
| Number of shares issued | 1.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Profit before income tax expenses | 49.2M JPY | 231.6M JPY | 51.2M JPY |
| Gain from lease modification or termination | -10.2M JPY | -102.0K JPY | |
| Share of loss (income) of investments in an associate | -14.0M JPY | 1.1M JPY | |
| Gain on derecognition of right-of-use assets | -170.4M JPY | -8.2M JPY | -12.4M JPY |
| Gain on disposal of a subsidiary | -94.0M JPY | ||
| Depreciation of property and equipment | 69.8M JPY | 66.6M JPY | 56.2M JPY |
| Depreciation expense of right-of-use assets | 155.6M JPY | 192.7M JPY | 171.7M JPY |
| Loss on disposal of property and equipment | 34.0M JPY | 1.2M JPY | 13.3M JPY |
| Finance costs | 22.0M JPY | 21.6M JPY | 21.1M JPY |
| (Reversal of) allowance for expected credit losses | 26.7M JPY | -878.0K JPY | -22.7M JPY |
| Accounts receivable | -396.4M JPY | -187.4M JPY | 116.8M JPY |
| Inventories | -15.0M JPY | 10.0K JPY | -117.0K JPY |
| Other current assets | -49.0M JPY | -9.0K JPY | -63.7M JPY |
| Other current assets | -3.0M JPY | ||
| Accounts and other payables | 138.1M JPY | 24.4M JPY | -25.5M JPY |
| Contract liabilities | 95.0K JPY | -50.2M JPY | 49.6M JPY |
| Income tax payable | -11.6M JPY | -9.5M JPY | -1.6M JPY |
| Cash generated from operations | -174.2M JPY | 189.0M JPY | 353.9M JPY |
| Interest paid | -22.0M JPY | -21.6M JPY | -21.1M JPY |
| Income tax paid | -1.3M JPY | -24.5M JPY | -19.5M JPY |
| Net cash generated from operating activities | -197.5M JPY | 142.9M JPY | 313.3M JPY |
| Purchase of property and equipment | -46.1M JPY | -98.5M JPY | -92.8M JPY |
| Receipt of the principal portion of net investments in subleases | 349.3M JPY | 113.4M JPY | 76.9M JPY |
| Proceeds from disposal of a subsidiary | 100.0M JPY | ||
| Purchase of term deposit | -1.8M JPY | ||
| Net cash (used in) generated from investing activities | 301.5M JPY | 114.9M JPY | -15.9M JPY |
| Proceeds from bank and other borrowings | 386.0M JPY | 191.4M JPY | 62.0M JPY |
| Repayments of bank and other borrowings | -413.1M JPY | -170.9M JPY | -118.7M JPY |
| Capital contribution from the shareholder | 379.4M JPY | 30.0M JPY | |
| Principal elements of operating lease payments | -324.6M JPY | -279.9M JPY | -219.7M JPY |
| Principal elements of finance lease payments | -4.8M JPY | -3.9M JPY | -4.5M JPY |
| Payment of deferred offering costs | -207.5M JPY | ||
| Net cash used in financing activities | -184.7M JPY | -233.2M JPY | -280.9M JPY |
| Net increase (decrease) in cash and cash equivalents | -80.7M JPY | 24.6M JPY | 16.5M JPY |
No quarter-by-quarter statement was filed.
Leadership
Who has led TryHard Holdings Ltd, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerRakuyo Otsuki Apr 2, 2026 to now5
- ChairRakuyo Otsuki Apr 2, 2026 to now5
- Chief financial officerHo Yin Kwok Apr 9, 2026 to now6
- Chief operating officerYoichi Hiraoka Apr 2, 2026 to now7
Board members and other officers (3)
- Board memberYoichi Hiraoka Apr 2, 2026 to now7
- Board memberHirohiko Masugi Jun 9, 2026 to now8
- Board memberTetsuya Kawabe Jun 9, 2026 to now9
Timeline
- Apr 2, 2026New chief executive Rakuyo Otsuki becomes CEO5
Filings
46 filings to the SEC since October 2021: 1 annual reports, 5 insider forms, 40 other. The latest 20:
- Aug 31, 20266-K EDGAR
- Aug 6, 20266-K EDGAR
- Jul 21, 20266-K EDGAR
- Jul 10, 20266-K/A EDGAR
- Jul 9, 20266-K EDGAR
- Jun 25, 20266-K EDGAR
- Jun 23, 20266-K EDGAR
- Jun 9, 20263 EDGAR
- Jun 9, 20263 EDGAR
- Apr 9, 20263 EDGAR
- Apr 2, 20263 EDGAR
- Apr 2, 20263 EDGAR
- Mar 17, 20266-K EDGAR
- Jan 15, 20266-K EDGAR
- Jan 14, 20266-K EDGAR
- Nov 28, 2025424B5 EDGAR
- Nov 26, 2025EFFECT EDGAR
- Nov 25, 2025CORRESP EDGAR
- Nov 3, 2025F-1 EDGAR
- Oct 31, 202520-F EDGAR
The 46 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How TryHard Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTryHard Holdings Ltd1
- CIK0002044241
- Filer statusNon-accelerated filer an emerging growth company; a shell company3
- Incorporated inCayman Islands3
- Fiscal year endsJune 301
- Industry code (SIC)7990 Services-Miscellaneous Amusement & Recreation1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressRoom 502, Pmo Ex Honmachi, 3-1-10 Honmachi, Chuo-Ku, Osaka 541-0053, Japan1
- Phone81 06-4708-64701
- Shares outstanding48,750,000 shares as of Jun 30, 20253
- AuditorWWC, P.C, San Mateo, California PCAOB ID 1171; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceJan 28, 20251
- Filings46 in all: 6-K (10), CORRESP (8), 3 (5), UPLOAD (5), F-1/A (4), 424B5 (2), EFFECT (2), F-1 (2)1
All 16 form types
20-F (1), 424B4 (1), 6-K/A (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1)
- Latest filingsAnnual report (20-F) Oct 31, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, par value US$0.00002 per share | THH | Nasdaq |
From the cover page of the 20-F filed Oct 31, 2025 (Section 12(b) of the Exchange Act).3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6SEC EDGARHo Yin Kwok, Chief financial officer
- 7
- 8SEC EDGARHirohiko Masugi, Board member
- 9SEC EDGARTetsuya Kawabe, Board member