Overview
Machinery

Techno Smart Corp.

Techno Smart Corp. designs, manufactures, installs, and sells coating and drying equipment primarily used to apply functional coatings to substrates such as films, metal foils, and paper. The company's product lineup includes coating machines for high-tech optical and functional films, engineering plastic film forming lines, high-speed thin-film coating lines, and high-function textile machinery. Operating as a single segment in the industrial machinery sector, the company differentiates itself through deep customer collaboration and in-house R&D capabilities spanning the full process from planning through trial operation.

Market Cap
¥19.9B
US$126M
EV
¥9.48B
US$60.3M
Stock¥1,732▼-1.59%
US$1 = ¥157.25 (2026-10-30)
LTM EV/EBITDA
3.8
x
LTM EV/EBIT
4.4
x
LTM PER
16.0
x
LTM PBR
0.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-35.6%pt
100
Nov 4, 25 – Oct 30, 26StockTOPIX
MC → EV Bridge
19.9BUS$126MMarket Cap2.00BUS$12.7M+ Debt9.06BUS$57.6M− Cash3.32BUS$21.1M− Inv. Sec.9.48BUS$60.3MEV
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Performance & Balance
Revenue 5Y (¥B)
16.9US$108M'22/319.7US$125M'23/319.2US$122M'24/321.6US$137M'25/320.7US$132M'26/3
EBITDA 5Y (¥B)
1.81US$11.5M'22/32.42US$15.4M'23/32.82US$17.9M'24/33.78US$24.0M'25/33.30US$21.0M'26/3
Net Income 5Y (¥B)
1.16US$7.40M'22/31.61US$10.2M'23/31.80US$11.5M'24/32.39US$15.2M'25/31.79US$11.4M'26/3
Capital Structure
91%
EquityD/E 0.10xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
11.9US$75.5M'22/311.0US$69.9M'23/311.7US$74.5M'24/38.80US$56.0M2.00US$12.7M'25/313.3US$84.3M2.17US$13.8M'26/3
Shareholders
Top 10 hold 53.0%
1
Techno Smart Corp. Business Partners' Stock Ownership Association
14.34%
2
SIL Investment Limited Partnership
9.44%
3
Hikari Tsushin K.K. Investment Limited Partnership
7.01%
4
ECM MF (Standing Proxy: Tachibana Securities Co., Ltd.)
4.65%
5
TSUBAKIMOTO KOGYO CO.,LTD.
3.91%
6
UH Partners 2 Investment Limited Partnership
3.59%
7
THE SHIGA BANK,LTD.
2.81%
8
Techno Smart Corp. Employee Stock Ownership Association
2.72%
9
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
2.48%
10
TOKYO SANGYO CO.,LTD.
2.09%
Management
8 officers
Haruhiro IIDA
President and Representative Director
Apr 1988 Joined the Company Apr 2010 Deputy General Manager, Planning & Design Department, Technology Headquarters Apr 2012 Deputy Manager, Planning & Design Department, Technology Headquarters Apr 2013 General Manager, Planning & Design Group, Technology Department Apr 2015 Executive Officer; General Manager, Planning & Design Group and R&D Group, Technology Department Jun 2015 Director; Deputy General Manager, Technology Division; General Manager, Information Systems Department Jun 2016 Director; General Manager, Sales Division and Tokyo Branch Manager; Group Leader, Planning & Design Group, Technology Department Jun 2017 Apr 2019 Apr 2021 Jun 2021 Jun 2022 Apr 2024 Director; General Manager, Sales Division and Tokyo Branch Manager; Group Leader, Planning & Design Group, Technology Department Managing Director; General Manager, Technology Division, Materials Division and Manufacturing Division Managing Director; General Manager, Technology, Manufacturing and Materials Division; Shiga Plant Manager Managing Director; General Manager, Technology, Manufacturing and Materials Control Division; Shiga Plant Manager Managing Director; Shiga Plant Manager; General Manager, Materials Division and Control Division Representative Director, President (current)
1964-10-28
Ryozai NISHIMIYA
Managing Director; Shiga Plant Manager; General Manager of Manufacturing and General Manager of Materials
Apr 1988 Joined Hitachi Maxell, Ltd. (now Maxell, Ltd.) May 2006 Chief Engineer, Manufacturing Department, Kyoto Plant, Maxell, Ltd. Nov 2017 Joined the Company Apr 2018 Group Manager, Manufacturing Group, Manufacturing Department Apr 2021 Executive Officer; Deputy General Manager, Manufacturing Division Jun 2022 Director; General Manager, Manufacturing Division Apr 2024 Managing Director; Shiga Plant Manager; General Manager of Manufacturing and General Manager of Materials (current)
1964-12-28
Toshikazu SHIMOMURA
Director, General Manager of Technology Division
Apr 1994 Joined the Company Apr 2008 Section Manager, First Machinery Technology Section Apr 2011 Deputy Manager, First Machinery Technology Section Apr 2013 Deputy Group Manager, First Machinery Technology Group, Technology Department Apr 2015 General Manager, First Machinery Technology Group, Technology Department Oct 2015 Group Manager, First Machinery Technology Group, Technology Department May 2017 Executive Officer; Group Manager, First Machinery Technology Group, Technology Department Jun 2017 Director; General Manager, Technology Division and Information Systems Department Apr 2021 Director; General Manager, Technology Division (current)
1971-08-13
Kaname TAKAHASHI
Director, General Manager of Administration Division
Apr 1985 Joined Management Service Center Co., Ltd. May 1992 Joined Ikegami Accounting Office May 1997 Joined Techno Bouquet Co., Ltd. (now trans cosmos Inc.) May 2001 Joined Naturum Co., Ltd. Apr 2007 Director; General Manager, Administration Division and General Manager, Accounting & Finance Department, Naturum Co., Ltd. Apr 2013 Retired as Director, Naturum Co., Ltd. Feb 2014 Joined the Company Oct 2014 Deputy Manager, Accounting Group, Administration Department Apr 2018 General Manager, Internal Audit Office Apr 2021 Deputy General Manager, Administration Division Apr 2022 Executive Officer; Deputy General Manager, Administration Division Apr 2024 Executive Officer; General Manager, Administration Division Jun 2024 Director; General Manager, Administration Division (current)
1962-05-18
Koji MISAWA
Director, General Manager of Sales Division and Tokyo Branch Manager
Apr 1996 Joined the Company Apr 2015 Deputy Manager, Head Office Sales Group, Sales Department Apr 2017 Chief Group Manager, Head Office Sales Group, Sales Department Apr 2020 Group Manager, Head Office Sales Group, Sales Department Apr 2023 Executive Officer; General Manager, Head Office Sales Department, Sales Division Apr 2024 Executive Officer; Deputy General Manager, Sales Division Jun 2024 Director; General Manager, Sales Division and Tokyo Branch Manager (current)
1972-10-23
Toru AOKI
Director (Audit and Supervisory Committee Member)
Apr 1984 Joined Asahi Kasei Kogyo K.K. (now Asahi Kasei Corporation) Mar 1990 Joined Japan LCA Co., Ltd. Jul 1992 Joined Sanwa Research Institute Corporation (now MUFG Research & Consulting Co., Ltd.) Apr 2002 General Manager, Business Strategy Department 1, UFJ Research Institute Apr 2006 General Manager, Business Strategy Department, MUFG Research & Consulting Co., Ltd. Jun 2014 Executive Officer, Consulting & International Business Division, Osaka Deputy Head Office, and General Manager, Organization & Human Resources Strategy Department, MUFG Research & Consulting Co., Ltd. Mar 2016 Resigned from MUFG Research & Consulting Co., Ltd. Apr 2016 Representative, Caliber Management AOKI; Senior Advisor, Consulente HYAKUNEN Co., Ltd. (current) Jun 2017 Director (Audit and Supervisory Committee Member) (current) Sep 2025 Outside Director (Audit and Supervisory Committee Member), Tes Holdings Co., Ltd. (current)
1961-07-11
Kenji OKA
Director (Audit and Supervisory Committee Member)
Apr 1983 Joined Management System Research Institute Co., Ltd. Feb 1990 Registered as Certified Tax Accountant (Kinki Tax Accountants Association) Mar 1990 Established Oka Accounting Office Jun 2015 Outside Audit & Supervisory Board Member, Sankyo Kasei Co., Ltd. Jun 2019 Outside Director (Audit and Supervisory Committee Member), Sankyo Kasei Co., Ltd. Jun 2021 Director (Audit and Supervisory Committee Member) (current)
1961-02-27
Ayako HIRAMATSU
Director (Audit and Supervisory Committee Member)
Oct 2002 Registered as Attorney at Law (Osaka Bar Association); joined Kyoei Law Office Jul 2014 Tax Adjudicator, Osaka National Tax Tribunal Jul 2018 Re-registered as Attorney at Law (Osaka Bar Association) Aug 2018 Registered as Certified Tax Accountant (Kinki Tax Accountants Association) Apr 2020 Audit Committee Member, City of Ikoma Aug 2020 Partner, Kyoei Law Office May 2020 Member, Osaka City Administrative Appeal Review Board Dec 2020 Member, Toyonaka City Fixed Asset Evaluation Review Committee Jun 2021 Director (Audit and Supervisory Committee Member) (current) Dec 2022 Member, Moriguchi City Fixed Asset Evaluation Review Committee Jun 2023 Outside Director (Audit and Supervisory Committee Member), ODK Solutions Co., Ltd. (current) Civil Mediation Commissioner, Kishiwada Summary Court (current) Apr 2024 Outside Director, Shinko Wire Company, Ltd. (current) Jun 2025
1974-10-23
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6.60%→6.60%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-22
Forecast Revision
FY ending Mar 2027
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-29
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2024-11-07
Large Shareholding Report
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2024-01-10
Large Shareholding Report
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-10-05
Large Shareholding Report
EDINET
2023-09-06
Large Shareholding Report
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-07-21
Large Shareholding Report
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-06-21
Large Shareholding Report
EDINET
2023-05-19
Large Shareholding Report
EDINET
2023-04-20
Large Shareholding Report
EDINET
2023-04-06
Large Shareholding Report
EDINET
2023-03-22
Large Shareholding Report
EDINET
2023-02-21
Large Shareholding Report
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2023-02-06
Large Shareholding Report
EDINET
2023-01-19
Large Shareholding Report
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