beluuga.ai

Overview

Iron and Steel

YODOKO,Ltd.

Yodoko is a leading Japanese steel products manufacturer engaged in the production, processing, and sale of cold-rolled steel sheets and surface-treated steel sheets, as well as metal roofing and wall materials, exterior products, industrial rolls, and grating products. The company serves both the construction and steel industries, offering a broad range of building materials including storage units under the 'Yodo Monoki' brand. With a group revenue of approximately ¥208.4 billion and operations across Japan and overseas, Yodoko leverages integrated manufacturing capabilities and a multi-segment product portfolio as key competitive strengths.

Activists: Strategic Capital, Inc. —

Market Cap

¥198B

US$1.26B

¥116B

US$737M

Stock¥1,385▼-1.07%

US$1 = ¥157.05 (2026-10-22)

LTM EV/EBITDA

6.9

LTM EV/EBIT

8.0

LTM PER

11.4

LTM PBR

1.0

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.8%pt

Oct 23, 25 – Oct 23, 26StockTOPIX

1Jan 20, 26Strategic Capital, Inc. changed stake (7.29%→7.84%)

2Feb 6, 26Strategic Capital, Inc. changed stake (7.84%→7.84%)

3Mar 2, 26FY guidance raise, operating profit +40%

4Apr 3, 26Strategic Capital, Inc. changed stake (7.84%→6.63%)

5Apr 16, 26Strategic Capital, Inc. changed stake (6.63%→5.63%)

MC → EV Bridge

AI Briefing

Yodoko: top-tier Japanese steel products maker since 1935 — steel sheets, building materials, rolls, grating, plus the 'Yodo Monoki' storage brand. FY26/3 revenue ¥195B with OP margin 6.1%, down from FY25/3's ¥208B/6.7% — softer top line but margins holding up versus prior years. Net cash balance sheet (debt ¥0.2B vs cash ¥60.7B), EV ¥117B against ¥200B market cap — cash-rich profile with EBITDA Fwd ¥17.7B underpinning valuation support.

Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

100%

EquityD/E 0.00xDebt

Liquidity vs Debt 5Y (¥B)▲ Net Cash

CashInv. Sec.Debt

Shareholders

Top 10 hold 38.9%

as of 2026-03-31 · Source: Annual Securities Report

The Master Trust Bank of Japan, Ltd. (Trust Account)

10.45%

INTERTRUST TRUSTEES CAYMAN LIMITED AS TRUSTEE OF JAPAN-UP UNIT TRUST (Standing Proxy: Tachibana Securities Co., Ltd.)

3.73%

Resona Bank, Limited

3.72%

Mizuho Bank, Ltd.

3.70%

YODOKO,Ltd. Business Partners' Stock Ownership Association

3.69%

INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (Standing Proxy: Mizuho Bank, Ltd., Settlement Services Department)

3.63%

Sen Shokai Co., Ltd.

3.02%

STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd., Settlement Services Department)

2.59%

HANWA CO.,LTD.

2.19%

Nippon Life Insurance Company

2.15%

Management

11 officers

Eiichi TANAKA

Representative Director, President

Apr 1985 Joined the Company Feb 2014 Seconded to PPT; President and Director Jun 2017 Deputy General Manager, Corporate Planning Division; General Manager, Overseas Business Planning Office (concurrent) Jun 2018 Executive Officer; General Manager, Corporate Planning Division; General Manager, Overseas Business Planning Office (concurrent) Apr 2019 Executive Officer; Director, YSS Jun 2019 Executive Officer; General Manager, YSS Jun 2020 Executive Officer; Chairman, YSS Apr 2021 Senior Executive Officer; Chairman, YSS Apr 2022 Managing Executive Officer; General Manager, Corporate Planning Division; General Manager, Overseas Business Planning Office (concurrent); Chairman, YSS; in charge of overseas affiliates Jun 2022 Director, Managing Executive Officer; General Manager, Corporate Planning Division; General Manager, Overseas Business Planning Office (concurrent); Chairman, YSS; in charge of overseas affiliates Apr 2023 Director, Senior Managing Executive Officer; General Manager, Corporate Planning Division; in charge of plants (concurrent); Chairman, YSS; in charge of overseas affiliates Apr 2024 Director, Senior Managing Executive Officer; General Manager, Corporate Planning Division; in charge of plants and Steel Sheet Development Office (concurrent); Chairman, YSS; in charge of overseas affiliates Apr 2025 Representative Director, President (current)

1962-08-19

Toshio KUMAMOTO

Director, General Manager, Administration Division; in charge of Domestic Affiliates

Apr 1986 Joined the Company Jun 2011 General Manager, General Affairs Department Apr 2014 Executive Officer; Plant Manager, Kure Plant (concurrent); General Manager, General Affairs Department, Kure Plant (concurrent) Jun 2016 Senior Executive Officer; Deputy General Manager, Administration Division (concurrent); General Manager, General Affairs Department and Tokyo Branch General Affairs Department (concurrent) Jun 2017 Senior Executive Officer; General Manager, Administration Division (concurrent); General Manager, General Affairs Department and Tokyo Branch General Affairs Department (concurrent); in charge of affiliates Jun 2018 Director, Managing Executive Officer; General Manager, Administration Division (concurrent); General Manager, General Affairs Department and Tokyo Branch General Affairs Department (concurrent); in charge of affiliates Apr 2019 Director, Managing Executive Officer; General Manager, Administration Division (concurrent); General Manager, General Affairs Department and Tokyo Branch General Affairs Department (concurrent); General Manager, Corporate Planning Division and Overseas Business Planning Office (concurrent); in charge of affiliates Jun 2019 Director, Managing Executive Officer; General Manager, Administration Division (concurrent); General Manager, General Affairs Department and Tokyo Branch General Affairs Department (concurrent); in charge of affiliates Apr 2022 Director, Managing Executive Officer; General Manager, Administration Division (concurrent); in charge of domestic affiliates Apr 2023 Director, Senior Managing Executive Officer; General Manager, Administration Division (concurrent); General Manager, Legal Department (concurrent); in charge of domestic affiliates Jul 2024 Director, Senior Managing Executive Officer; General Manager, Administration Division (concurrent); General Manager, Legal Department and Tokyo Branch (concurrent); in charge of domestic affiliates Apr 2025 Director, Senior Managing Executive Officer; General Manager, Administration Division (concurrent); General Manager, Legal Department (concurrent); in charge of domestic affiliates Sep 2025 Director, Senior Managing Executive Officer; General Manager, Administration Division (concurrent); in charge of domestic affiliates (current)

1963-03-13

Itaru HATTORI

Director, in charge of Growth Strategy Promotion (concurrently overseeing Sales Division and Corporate Planning Division)

Apr 1982 Joined the Company Jun 2011 General Manager, Sales Department No. 1, Sales Division Apr 2012 Executive Officer; Deputy General Manager, Sales Division (concurrent); General Manager, Sales Department No. 1 and Tokyo Branch (concurrent) Apr 2015 Executive Officer; Deputy General Manager, Sales Division (concurrent); General Manager, Sales Department No. 1 (concurrent) Jun 2016 Senior Executive Officer; President, Yodo Kosan Shoji Co., Ltd. (now Yodoko Shoji Co., Ltd.) Jun 2019 Director, Managing Executive Officer; General Manager, Sales Division (concurrent); General Manager, Sales Departments No. 1 and No. 2 and Tokyo Branch (concurrent) Apr 2020 Director, Managing Executive Officer; General Manager, Sales Division (concurrent); General Manager, Sales Department No. 1 and Tokyo Branch (concurrent) Oct 2020 Director, Managing Executive Officer; General Manager, Sales Division (concurrent); General Manager, Tokyo Branch (concurrent) Apr 2021 Director, Managing Executive Officer; General Manager, Sales Division (concurrent); in charge of Development Division Apr 2023 Director, Senior Managing Executive Officer; General Manager, Sales Division (concurrent); in charge of Development Division Apr 2024 Director, Senior Managing Executive Officer; General Manager, Sales Division (concurrent); in charge of Building Materials Development Office Oct 2025 Director, Senior Managing Executive Officer; General Manager, Sales Division (concurrent); in charge of Corporate Planning Division Apr 2026 Director, Senior Managing Executive Officer; in charge of Growth Strategy Promotion (concurrent); in charge of Sales Division and Corporate Planning Division (current)

1958-07-16

Seiichi SAKINAGA

Director, General Manager, Steel Sheet Development Office; General Manager of Plants (concurrent)

Apr 1991 Joined the Company Oct 2009 General Manager, Product Development Center, Steel Sheet Department, Osaka Plant Sep 2012 General Manager, Technical Research Center, Ichikawa Plant Jun 2020 Executive Officer; Plant Manager, Ichikawa Plant Apr 2021 Executive Officer; Plant Manager, Ichikawa Plant Apr 2025 Senior Executive Officer; General Manager, Steel Sheet Development Office; General Manager of Plants (concurrent); General Manager, Tokyo Branch (concurrent) Jun 2025 Director, General Manager, Steel Sheet Development Office; General Manager of Plants (concurrent); General Manager, Tokyo Branch (concurrent) Apr 2026 Director, Managing Executive Officer; General Manager, Steel Sheet Development Office; General Manager of Plants (concurrent) (current)

1961-09-30

Sadahito KOBAYASHI

Director

Apr 1974 Joined Mitsubishi Plastics, Inc. (now Mitsubishi Chemical Corporation) Apr 2010 Executive Officer; Plant Manager, Nagahama Plant (concurrent); Plant Manager, Shandong Plant (concurrent) Apr 2011 Director (concurrent), Managing Executive Officer (concurrent), Mitsubishi Plastics, Inc.; Managing Executive Officer, Mitsubishi Chemical Holdings Corporation (now Mitsubishi Chemical Group Corporation) Apr 2015 Representative Director (concurrent), Senior Managing Executive Officer, Mitsubishi Plastics, Inc. Apr 2017 Advisor, Mitsubishi Chemical Corporation Jun 2019 Advisor, GEMCO Japan Management Corporation Jun 2021 Director, the Company (current)

1951-12-11

Katsuyuki KUSE

Director

Apr 1991 Registered as attorney-at-law; joined Kanren Law and Patent Office Aug 1993 Joined Kuda-hara & Kuse Law Office (now Kuse Law Office); Partner Jun 2009 Member, Intellectual Property Center, Japan Federation of Bar Associations Sep 2010 Representative Attorney, Kuda-hara & Kuse Law Office (now Kuse Law Office) Jun 2013 Lecturer, Japan Intellectual Property Association Apr 2019 Chairman, Intellectual Property Rights Committee, Osaka Bar Association Jun 2021 Director, the Company (current)

1963-03-12

Miho ISHIHARA

Director

Oct 1996 Joined Asahi Audit Corporation (now Deloitte Touche Tohmatsu LLC Azsa) Jan 2002 Registered as Certified Public Accountant Feb 2006 Joined Protiviti Japan K.K. (now Protiviti LLC) Apr 2009 Joined EY Advisory Co., Ltd. (now EY Strategy and Consulting Co., Ltd.) May 2010 Opened Ishihara CPA Office (now Ishihara CPA and Tax Accountant Office) (current) Joined Hibiki Audit Corporation Jun 2019 Corporate Auditor, the Company Jun 2022 Outside Director, Nikka Steel Industries Co., Ltd. (current) May 2023 Outside Director, Audit and Supervisory Committee Member, Zuiko Corporation (current) Jul 2023 Representative Partner, Kainan Audit Corporation (current) Jun 2024 Director, the Company (current)

1969-02-17

Kenji HAYASHI

Full-time Corporate Auditor

Apr 1982 Joined the Company Sep 2006 Group Leader, Planning Group, Information Systems Department, Corporate Planning Division, Head Office Sep 2016 General Manager, Information Systems Department, Corporate Planning Division, Head Office Jul 2019 Contract employee; General Manager, Information Systems Department, Corporate Planning Division, Head Office Apr 2023 Mentor, ICT Promotion Department, Corporate Planning Division, Head Office Jun 2024 Corporate Auditor, the Company (current)

1959-07-09

Hiroaki SHINOHARA

Full-time Corporate Auditor

Apr 1987 Joined the Company Jun 2020 Corporate Auditor, Yodogawa Fuyo Co., Ltd. Jun 2021 Corporate Auditor, Aldac Co., Ltd. (current) Sep 2021 Deputy General Manager, Accounting Department, Administration Division, Head Office Jun 2024 Corporate Auditor, the Company (current)

1965-03-15

Ritsuko WATANABE

Corporate Auditor

Sep 2007 Registered as attorney-at-law; joined Honmachi Chuo Law Office LLP Nov 2012 Partner, Honmachi Chuo Law Office LLP (current) Jun 2020 Corporate Auditor, the Company (current) Jun 2024 Outside Director, Audit and Supervisory Committee Member, Nankai Chemical Co., Ltd. (current)

1977-06-15

Tomoko MATANO

Corporate Auditor

Oct 1998 Joined Asahi Audit Corporation (now Deloitte Touche Tohmatsu LLC Azsa) Apr 2002 Registered as Certified Public Accountant Apr 2008 Joined Seikyo Audit Corporation Sep 2012 Registered as Certified Tax Accountant; opened Matano CPA Office (current) Oct 2014 Partner, Seikyo Audit Corporation (current) Jun 2024 Corporate Auditor, the Company (current) Jun 2025 Outside Corporate Auditor, Osaka SME Investment Development Co., Ltd. (current)

1975-10-18

Large Shareholding Reports

Strategic Capital Co., Ltd.

2026-10-13

6.63%→5.63%

Correction filing (name/detail fix only) — ratio carried over from the original filing

Strategic Capital Inc.

2026-10-09

6.29%→7.29%

Correction filing (name/detail fix only) — ratio carried over from the original filing

Strategic Capital Inc.

2026-10-09

7.84%→6.63%

Correction filing (name/detail fix only) — ratio carried over from the original filing

Strategic Capital, Inc.

2026-10-05

5.63%→4.57%

Strategic Capital Co., Ltd.

2026-04-16

6.63%→5.63%

Strategic Capital Co., Ltd.

2026-04-03

7.84%→6.63%

Strategic Capital Co., Ltd.

2026-02-06

7.84%→7.84%

Strategic Capital Co., Ltd.

2026-01-20

7.29%→7.84%

Strategic Capital, Inc.

2025-01-31

6.29%→7.29%

Strategic Capital, Inc.

2024-10-24

6.29%→6.29%

Strategic Capital, Inc.

2024-08-22

6.29%→6.29%

Strategic Capital, Inc.

2024-08-14

5.03%→6.29%

Strategic Capital, Inc.

2023-09-15

5.03%

Disclosures

No disclosures

Primary Source Filings

EDINETAmended

2026-10-13

Change Report

YODOKO,Ltd.

Try the full product

YODOKO,Ltd.

Try the full product

More Japanese companies in Iron and Steel