Overview
Machinery

EBARA JITSUGYO CO.,LTD.

Ebara Jitsugyo operates across three business segments—Manufacturing, Engineering, and Trading—focused on the domains of 'water' and 'air.' The Manufacturing segment develops and sells proprietary products including ozone monitors, deodorization equipment, water treatment systems, and ZEB/ZEH-related products such as home storage systems. The Engineering segment handles design and construction of large-scale water treatment plants primarily for government clients, while the Trading segment distributes fluid machinery and industrial equipment including pumps, fans, and blowers, largely sourced from the Ebara Group under a sales agency agreement.

Market Cap
¥58.8B
US$374M
EV
¥28.0B
US$179M
Stock¥2,498▲+0.81%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
4.2
x
LTM EV/EBIT
4.4
x
LTM PER
12.8
x
LTM PBR
1.8
x
2026-08-25 closing price basis: ranked #60 in beluuga.ai's "Japanese listed companies with negative Enterprise Value" ranking (simplified EV ≈ ¥-20B).
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-8.3%pt
1001234
Oct 23, 25 – Oct 23, 26StockTOPIX
1Jun 23, 26Nippon Active Value Fund PLC (NAVF) changed stake (0.39%→1.25%)
2Aug 7, 26Q2 FY2026/12 earnings announced
3Aug 20, 26Nippon Active Value Fund PLC (NAVF) changed stake (1.25%→2.28%)
4Sep 28, 26Nippon Active Value Fund PLC (NAVF) changed stake (2.28%→3.25%)
MC → EV Bridge
58.8BUS$374MMarket Cap1.44BUS$9.18M+ Debt18.8BUS$119M− Cash13.4BUS$85.6M− Inv. Sec.28.0BUS$179MEV
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Performance & Balance
Revenue 5Y (¥B)
32.5US$207M'21/1230.2US$192M'22/1236.3US$231M'23/1237.5US$239M'24/1241.2US$262M'25/12
EBITDA 5Y (¥B)
4.19US$26.7M'21/122.99US$19.0M'22/124.28US$27.2M'23/124.51US$28.7M'24/126.36US$40.5M'25/12
Net Income 5Y (¥B)
3.16US$20.1M'21/122.17US$13.8M'22/123.14US$20.0M'23/123.16US$20.1M'24/124.38US$27.9M'25/12
Capital Structure
96%
EquityD/E 0.04xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
18.3US$116M1.35US$8.57M'21/1215.8US$101M1.18US$7.52M'22/1220.4US$130M1.09US$6.94M'23/1221.3US$136M1.01US$6.43M'24/1223.6US$150M1.52US$9.70M'25/12
Shareholders
Top 10 hold 43.7%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.47%
2
HIKARI TSUSHIN,INC.
8.01%
3
NIPPON ACTIVE VALUE FUND PLC (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
7.69%
4
NORTHERN TRUST CO.(AVFC) RE IEDP AIF CLIENTS NON TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
3.03%
5
Custody Bank of Japan, Ltd. (Trust Account)
2.91%
6
Hisashi SUZUKI
2.54%
7
Mizuho Bank, Ltd.
2.52%
8
Nippon Life Insurance Company
2.52%
9
EBARA JITSUGYO CO.,LTD. Employee Stock Ownership Association
2.12%
10
Sumitomo Mitsui Trust Bank, Limited
1.89%
Management
9 officers
Hisashi SUZUKI
Representative Director, Chairman and CEO
Sep 1961 Joined the Company Nov 1983 Director Dec 1986 Managing Director Mar 1990 Senior Managing Director Dec 1993 Representative Director, in charge of administration Feb 2000 Representative Director, Executive Vice President Jan 2007 Representative Director, President Mar 2016 Representative Director, Chairman Jan 2017 Representative Director, Chairman and President Apr 2020 Representative Director, Chairman and CEO (current)
1939-11-30
Takashi ISHII
Representative Director, President and Executive Officer, COO; General Manager, Sales Division
Mar 1996 Joined the Company Jan 2005 General Manager, Environmental Equipment Sales Department No. 2 Jul 2009 General Manager, Wind, Water and Power Division Jan 2012 Executive Officer Jan 2013 Senior Executive Officer, General Manager, Environmental Equipment Division Jan 2017 Managing Executive Officer Mar 2019 Director, Managing Executive Officer, Deputy General Manager, Sales Division Apr 2020 General Manager, Sales Division (current) Mar 2022 Director, Senior Managing Executive Officer Mar 2024 Representative Director, President and Executive Officer, COO (current)
1962-02-10
Shuji OHNO
Director, Senior Managing Executive Officer; In Charge of In-House Products; General Manager, General Planning Office
Oct 1996 Joined the Company Apr 2002 General Manager, Accounting Department Jan 2007 Executive Officer Jan 2013 Senior Executive Officer, General Manager, Administration Division Jul 2015 General Manager, President's Office Jul 2016 General Manager, General Planning Office (current) Mar 2020 Director, Managing Executive Officer Mar 2024 Director, Senior Managing Executive Officer, In Charge of In-House Products (current)
1967-06-09
Junji SHIMOJO
Director, Executive Officer; General Manager, Administration Division; General Manager, Legal Department
Feb 2002 Joined the Company Jan 2013 General Manager, Accounting Department Feb 2018 Deputy General Manager, Administration Division Aug 2021 General Manager, Administration Division (current) Apr 2022 Executive Officer, General Manager, Legal Department (current) Mar 2024 Director (current)
1971-03-29
Hitoshi KOBAYASHI
Director (Full-time Audit and Supervisory Committee Member)
Mar 1978 Joined the Company Apr 1996 General Manager, General Affairs Department Jan 2007 Executive Officer May 2007 General Manager, Legal Department Mar 2008 Director, General Manager, Administration Division Jan 2013 Senior Executive Officer, General Manager, Measuring Instruments and Medical Division Jan 2015 General Manager, Engineering Division Jan 2022 General Manager, Internal Audit Office Mar 2022 Director (Full-time Audit and Supervisory Committee Member) (current)
1958-02-25
Kazuo ISHIBASHI
Director (Audit and Supervisory Committee Member)
Nov 1975 Joined Tohmatsu & Aoki Audit Corporation (now Deloitte Touche Tohmatsu LLC) Aug 1980 Registered as Certified Public Accountant Jul 1988 Partner, Audit Corporation Tohmatsu (now Deloitte Touche Tohmatsu LLC) Aug 1989 Seconded to Touche Ross & Co. (now Deloitte & Touche LLP), New York Office; Managing Partner, New York region Nov 2007 Internal Auditor, Head Office, Audit Corporation Tohmatsu Nov 2014 Chairman, Audit Committee, Deloitte Tohmatsu LLC Jan 2018 Representative, Kazuo Ishibashi CPA Office (current) Jun 2018 Auditor, Amada Foundation (current) Jun 2019 Auditor, Salt Industry Center of Japan (current) Mar 2020 Director (Audit and Supervisory Committee Member), the Company (current) Mar 2023 Auditor, Sugino Gakuen (current)
1952-11-05
Aki SHIMIZU
Director (Audit and Supervisory Committee Member)
Nov 2004 Passed National Bar Examination Oct 2006 Assistant Judge, Saitama District Court Apr 2009 Prosecutor, Litigation Division, Sapporo Legal Affairs Bureau Apr 2011 Assistant Judge, Yokohama Family Court Apr 2012 Assistant Judge, Yokohama District Court Apr 2015 Assistant Judge, Matsudo Branch, Chiba District and Family Court Oct 2016 Judge, Matsudo Branch, Chiba District and Family Court Jan 2018 Registered as Attorney at Law; joined Seiwa Meitetsu Law Offices (now Meitetsu Sogo Law Office) Mar 2022 Director (Audit and Supervisory Committee Member), the Company (current) Mar 2022 Outside Director (Audit and Supervisory Committee Member), I.S.B. Co., Ltd. (current) Oct 2022 Partner Attorney, Meitetsu Sogo Law Office (current)
1977-06-18
Tomoki KITAGAWA
Director (Audit and Supervisory Committee Member)
Apr 1982 Joined Hazama Corporation (now Hazama Ando Corporation) Apr 2013 General Manager, Administration Department, Metropolitan Building No. 1 and No. 2 Branches, Hazama Ando; concurrently Director, Aoyama Kiko Co., Ltd. (seconded) Apr 2014 Deputy Branch Manager and General Manager, Administration Department, Metropolitan Building Branch, Hazama Ando Jun 2015 General Manager, CSR Promotion Department, Corporate Strategy Office, Hazama Ando Apr 2017 Executive Officer, Deputy General Manager, Corporate Strategy Office and General Manager, CSR Promotion Department, Hazama Ando Apr 2018 Executive Officer, General Manager, Corporate Strategy Office, Hazama Ando Jun 2019 Statutory Auditor, Hazama Ando Jun 2023 Advisor, Hazama Ando (current) Mar 2024 Director (Audit and Supervisory Committee Member), the Company (current)
1959-09-07
Atsuko SAKAMOTO
Director (Audit and Supervisory Committee Member)
Apr 1983 Joined Japan Air Lines Co., Ltd. Apr 1991 Joined BASF Japan Ltd. Feb 1995 Representative Director, Prime Time Co., Ltd. (formerly Prime Inc.) (current) Apr 2004 Member, Evaluation Committee for Independent Administrative Institutions, Ministry of Economy, Trade and Industry Apr 2015 Expert Member, Hearing on Performance Evaluation, Japan External Trade Organization (JETRO) May 2017 Director, Fumiko Yamaji Foundation Apr 2018 Expert Member, Management Advisory Panel, JETRO Jun 2022 Outside Director, Sanwa Technos Co., Ltd. (current) Mar 2024 Director (Audit and Supervisory Committee Member), the Company Mar 2026 Director, the Company (current)
1962-10-15
Large Shareholding Reports
Koutsushin Co., Ltd.
2026-09-29
7.08%→7.35%
Annual report (as of 2026-06-30): 8.01%
NIPPON ACTIVE VALUE FUND PLC
2026-09-28
7.06%→7.10%
NIPPON ACTIVE VALUE FUND PLC
2026-08-20
7.06%→7.06%
NIPPON ACTIVE VALUE FUND PLC
2026-07-31
7.06%→7.06%
Correction filing (name/detail fix only) — ratio carried over from the original filing
NIPPON ACTIVE VALUE FUND PLC
2026-06-23
7.06%→7.06%
Mizuho Bank, Ltd.
2025-10-22
2.32%→2.32%
Annual report (as of 2026-06-30): 2.52%
Mizuho Bank, Ltd.
2025-10-07
2.32%
Annual report (as of 2026-06-30): 2.52%
Sumitomo Mitsui Trust Bank, Limited
2025-09-19
2.23%→2.32%
Annual report (as of 2026-06-30): 1.89%
NIPPON ACTIVE VALUE FUND PLC
2025-01-10
7.06%→7.06%
NIPPON ACTIVE VALUE FUND PLC
2024-11-01
7.02%→7.06%
NIPPON ACTIVE VALUE FUND PLC
2024-06-28
6.53%→7.02%
NIPPON ACTIVE VALUE FUND PLC
2023-01-20
6.01%→6.53%
NIPPON ACTIVE VALUE FUND PLC
2022-03-31
5.83%→6.01%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-29
Large Shareholding Report
EDINET
2026-09-28
Large Shareholding Report
EDINET
2026-08-20
Large Shareholding Report
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-05
Q2 Earnings Flash
FY ending Dec 2026
EDINETAmended
2026-07-31
Change Report
EDINET
2026-06-23
Large Shareholding Report
TDnet
2026-05-11
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-09
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-06
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-11-06
Securities Registration Statement
EDINET
2025-10-22
Large Shareholding Report
EDINET
2025-10-07
Large Shareholding Report
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-08
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2025-01-10
Large Shareholding Report
EDINET
2024-11-01
Large Shareholding Report
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-06-28
Large Shareholding Report
EDINET
2024-05-10
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-26
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-23
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2023-01-20
Large Shareholding Report
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
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