Overview
Electric Appliances

KYOWA ELECTRONIC INSTRUMENTS CO.,LTD.

Kyowa Electronic Instruments designs, manufactures, and sells measurement instruments, primarily strain gauges, data acquisition systems, and related sensing equipment. The company serves a broad range of industrial and research markets, offering complementary consulting services including installation, measurement, and data analysis. Its products are distributed domestically across Japan and internationally through dedicated sales subsidiaries in China (Kyowa Electronic Instruments (Shanghai) Trading Co., Ltd.) and the United States (KYOWA AMERICAS INC.).

Market Cap
US$116M
¥18.6B
EV
US$72.0M
¥11.5B
StockUS$4.60(¥735)▲+3.09%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
6.9
x
LTM EV/EBIT
9.9
x
LTM PER
18.8
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-7.2%pt
100
Nov 13, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$116M¥18.6BMarket CapUS$3.08M¥0.49B+ DebtUS$29.1M¥4.64B− CashUS$18.2M¥2.91B− Inv. Sec.US$72.0M¥11.5BEV
AI Briefing
Kyowa Electronic Instruments: vertically integrated maker of strain gauges, data acquisition systems and precision sensing equipment, serving industrial and research customers via nine group entities and China/US sales subsidiaries. FY25/12 revenue US$102M (¥16.3B) with OP margin steady at 8.5%, continuing a multi-year margin climb from 4.7% in FY22/12. Shareholder base is fragmented across industrial partners, an employee stock ownership plan, and a financial investor, with no single holder near control.
Performance & Balance
Revenue 5Y (US$)
US$90.8M¥14.5B'21/12US$86.6M¥13.8B'22/12US$93.3M¥14.9B'23/12US$96.1M¥15.4B'24/12US$102M¥16.3B'25/12
EBITDA 5Y (US$)
US$9.33M¥1.49B'21/12US$7.56M¥1.21B'22/12US$10.2M¥1.63B'23/12US$11.5M¥1.84B'24/12US$11.8M¥1.89B'25/12
Net Income 5Y (US$)
US$4.35M¥0.69B'21/12US$3.61M¥0.58B'22/12US$5.62M¥0.90B'23/12US$6.68M¥1.07B'24/12US$6.47M¥1.03B'25/12
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$53.7M¥8.58BUS$10.3M¥1.65B'21/12US$51.6M¥8.25BUS$10.3M¥1.64B'22/12US$43.1M¥6.88BUS$7.69M¥1.23B'23/12US$46.3M¥7.40BUS$5.24M¥0.84B'24/12US$40.1M¥6.40BUS$3.08M¥0.49B'25/12
Business Segments
2025/12 · US$ (¥B) · Segment profit (gross profit)
92%
Measurement hardware
Revenue
US$93.5M(¥14.9B)
Segment profit
US$35.0M(¥5.58B)37.4%
8.2%
Consulting
Revenue
US$8.36M(¥1.33B)
Segment profit
US$4.00M(¥0.64B)47.9%
Adjustments
Revenue
—
Segment profit
—
No segment changes in the last 5 years
Shareholders
Top 10 hold 40.9%
1
Asia Electronics Industry Co., Ltd.
7.50%
2
KYOWA ELECTRONIC INSTRUMENTS CO.,LTD. Employee Stock Ownership Association
6.26%
3
Koutsuu KK Investment Limited Partnership
5.57%
4
Kyowa Kyoeikai Shareholding Association
5.52%
5
Chino Corporation
3.70%
6
NIKKATO CORPORATION
3.33%
7
Mizuho Bank, Ltd.
2.61%
8
Fukoku Mutual Life Insurance Company
2.57%
9
Stock Ownership Association
2.34%
10
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO (Standing Proxy: MUFG Bank, Ltd.)
1.52%
Management
10 officers
Kohei SHIMOZUMI
Representative Director, President and Executive Officer
Apr 1995: Joined Kyowa Electronic Instruments Co., Ltd. Jan 2017: General Manager, Automotive Equipment Department, Technology Headquarters Jan 2019: General Manager, Production Engineering Department, Production Headquarters Jan 2021: Deputy Head, Quality and Product Headquarters; concurrently General Manager, Product Engineering Department Jan 2022: Deputy Head, Technology Headquarters; concurrently General Manager, Strain Gauge Development Department and Product Development Department Apr 2023: Executive Officer; Deputy Head, Technology Headquarters; concurrently General Manager, Product Development Department Jan 2024: Executive Officer; Head, Management Administration Headquarters Mar 2024: Director, Senior Executive Officer; Head, Management Administration Headquarters Jan 2025: Director, Senior Executive Officer Mar 2025: Representative Director, President and Executive Officer (current)
1971-06-15
Giichi TANAKA
Chairman of the Board, Director
Apr 1980: Joined Kyowa Electronic Instruments Co., Ltd. Jan 2005: General Manager, Human Resources Department, General Affairs Headquarters Jan 2007: Deputy Head, Management Administration Headquarters Mar 2011: Director, Head, Management Administration Headquarters Mar 2015: Managing Director, Head, Management Administration Headquarters Mar 2016: Managing Director, Executive Officer Mar 2017: Senior Managing Director, Executive Officer Mar 2019: Representative Director, President and Executive Officer Mar 2025: Chairman of the Board, Director (current)
1957-03-27
Hiroyoshi SAKANO
Director, Senior Executive Officer (in charge of Product Development and Human Resource Development)
Apr 1986: Joined Kyowa Electronic Instruments Co., Ltd. Jul 2013: General Manager, Overseas Sales Strategy Office, Overseas Operations Headquarters Jan 2016: Deputy Head, Overseas Operations Headquarters Jan 2017: Deputy Head, Technology Headquarters Apr 2019: Executive Officer, Deputy Head, Technology Headquarters Jan 2020: Executive Officer, General Manager, Management Strategy Office Mar 2021: Director, Executive Officer, General Manager, Management Strategy Office Mar 2022: Director, Senior Executive Officer, General Manager, Management Strategy Office Jan 2024: Director, Senior Executive Officer, Head, Technology Headquarters Jan 2025: Director, Senior Executive Officer, General Manager, Human Resource Development Office Jan 2026: Director, Senior Executive Officer (in charge of Product Development and Human Resource Development) Mar 2026: Director, Managing Executive Officer (in charge of Product Development and Human Resource Development) (current)
1963-11-22
Kiyohiko NISHIKAWA
Director, Senior Executive Officer
Apr 1986: Joined Kyowa Electronic Instruments Co., Ltd. Jan 2015: General Manager, Vehicle Weighing Equipment Development Project Team, Technology Headquarters Jan 2017: Deputy Head, Production Headquarters; concurrently General Manager, Production Engineering Department Jan 2019: Deputy Head, Quality Control Headquarters Apr 2019: Executive Officer, Head, Quality Control Headquarters Jan 2021: Executive Officer, Head, Technology Headquarters Mar 2021: Director, Executive Officer, Head, Technology Headquarters Mar 2022: Director, Senior Executive Officer, Head, Technology Headquarters Jan 2024: Director, Senior Executive Officer, Head, Quality and Product Headquarters Feb 2024: Representative Director, President, Yamagata Kyowa Dengyo Co., Ltd. Feb 2024: Representative Director, President, Kofu Kyowa Dengyo Co., Ltd. Jan 2026: Director, Senior Executive Officer Mar 2026: Director (Full-time Audit and Supervisory Committee Member) (current)
1964-02-23
Fumio TAKANO
Director, Senior Executive Officer
Apr 1983: Joined Kyowa Electronic Instruments Co., Ltd. Jan 2009: General Manager, Accounting Department, Management Administration Headquarters Jan 2011: Deputy Head, Management Administration Headquarters; concurrently General Manager, Accounting Department Jan 2015: Deputy Head, Management Administration Headquarters; concurrently General Manager, Accounting Department and General Manager, Human Resources and General Affairs Department Apr 2017: Executive Officer, Deputy Head, Management Administration Headquarters; concurrently General Manager, Accounting Department Jan 2018: Executive Officer, Deputy Head, Management Administration Headquarters; concurrently General Manager, Planning and Accounting Department Jan 2022: Executive Officer, Head, Management Administration Headquarters; concurrently General Manager, Finance and Accounting Department Mar 2022: Director, Senior Executive Officer, Head, Management Administration Headquarters; concurrently General Manager, Finance and Accounting Department Jan 2024: Director, Senior Executive Officer, General Manager, Management Strategy Office Jan 2026: Director, Senior Executive Officer (current)
1961-02-01
Katsunori WAJIMA
Director
Apr 1980: Joined Hitachi, Ltd. May 1998: Hitachi Automotive Products (America), Inc. Jan 2005: General Manager, Direct Procurement Department, Group Materials Headquarters, Hitachi, Ltd. Jul 2009: General Manager, Procurement Headquarters, Hitachi Automotive Systems, Ltd. Apr 2011: Director, General Manager, Global Procurement Headquarters, the same company Apr 2016: Representative Director, President, Hitachi Automotive Systems Measurement, Ltd. Jun 2021: Representative Director, President, Tokico System Solutions Ltd. Jul 2023: Advisor, Meiko Co., Ltd. Mar 2024: Director (current)
1956-07-17
Yoshio SAITO
Director (Full-time Audit and Supervisory Committee Member)
Apr 1981: Joined Kyowa Electronic Instruments Co., Ltd. Jan 2007: General Manager, Internal Audit Office Mar 2008: Audit & Supervisory Board Member Jan 2013: General Manager, Overseas Operations Headquarters Mar 2013: Director, General Manager, Overseas Operations Headquarters Mar 2016: Director, Executive Officer, General Manager, Overseas Operations Headquarters Mar 2019: Managing Director, Executive Officer, General Manager, Overseas Operations Headquarters Mar 2020: Managing Director, Executive Officer, Head, Management Administration Headquarters Jan 2022: Managing Director, Executive Officer (in charge of Management Administration, Production, Quality and Affiliated Companies) Mar 2022: Senior Managing Director, Executive Officer (in charge of Management Administration, Production, Quality and Affiliated Companies) Mar 2024: Director (Full-time Audit and Supervisory Committee Member) (current)
1959-03-27
Shuji AYABE
Director (Audit and Supervisory Committee Member)
Apr 1979: Joined Fuji Bank, Ltd. Apr 2009: Managing Executive Officer, Corporate Banking Officer, Mizuho Corporate Bank, Ltd. Mar 2011: Senior Managing Executive Officer, Shoei Co., Ltd. Jun 2012: Managing Executive Officer, Fuyo General Lease Co., Ltd. Jun 2015: Representative Director, President, Mizuho Factor Co., Ltd. Jun 2019: Director, Ueno Seiyaku Co., Ltd.; Outside Director, Tokyo Kosoku Doro Co., Ltd.; Outside Director, Toho Chemical Industry Co., Ltd. (current) Mar 2022: Director (Audit and Supervisory Committee Member) (current)
1956-03-15
Masaki KAKIZAKI
Director (Audit and Supervisory Committee Member)
Apr 1982: Joined Yamagata Bank, Ltd. Jun 2013: Director, General Manager, Internal Audit Department, the same bank Jun 2015: Full-time Audit & Supervisory Board Member, the same bank Jun 2016: Director (Full-time Audit and Supervisory Committee Member), the same bank Jun 2019: Representative Director, President, Sangin Lease Co., Ltd. (current) Mar 2023: Director (Audit and Supervisory Committee Member) (current)
1959-04-22
Takako MOMOSE
Director (Audit and Supervisory Committee Member)
Dec 2011: Registered as attorney-at-law Dec 2014: Joined Takahashi Law and Tax Office Mar 2022: Director Jun 2022: Joined Yabuki Law Office Mar 2024: Director (Audit and Supervisory Committee Member) (current) Apr 2024: Joined Nagahama, Mizuno & Inoue Law Office (current)
1977-02-13
Large Shareholding Reports
Koutsushin Co., Ltd.
2026-09-08
7.09%→6.24%
Koutsushin Co., Ltd.
2026-06-16
7.36%→7.09%
Koutsushin Co., Ltd.
2025-09-29
7.36%→7.36%
Koutsushin Co., Ltd.
2025-08-01
7.08%→7.36%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-11-13
業績予想の修正
EDINET
2026-09-08
Large Shareholding Report
EDINET
2026-08-10
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-07
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-06-16
Large Shareholding Report
TDnet
2026-05-07
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-25
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2026-02-09
Full-Year Earnings Flash
FY ending Dec 2025
TDnet
2025-11-04
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-29
Large Shareholding Report
EDINET
2025-08-12
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2025-08-01
Large Shareholding Report
TDnet
2025-05-07
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-27
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
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINETAmended
2022-09-26
Amended Annual Securities Report
EDINETAmended
2022-09-26
Amended Annual Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-12
Quarterly Securities Report
EDINET
2022-03-30
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINETAmended
2021-06-30
Amended Annual Securities Report
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