Overview
Construction

JESCO Holdings,Inc.

JESCO Holdings is an independent holding company operating across three segments: Domestic EPC, ASEAN EPC, and Real Estate. The Domestic EPC segment provides end-to-end engineering, procurement, and construction services for renewable energy (solar), mobile communication base stations, disaster-prevention wireless systems, surveillance cameras, and road infrastructure in Japan. The ASEAN EPC segment, centered on Vietnam with operations across Southeast Asia, delivers electrical, telecommunications, HVAC, and construction engineering services for airports, factories, commercial facilities, and high-rise condominiums, while also offering BIM-based design and estimation outsourcing to Japanese clients.

Market Cap
¥10.4B
US$66.3M
EV
¥13.3B
US$84.7M
Stock¥1,495▲+0.34%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.1
x
LTM EV/EBIT
6.9
x
LTM PER
8.6
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-1.8%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Mar 4, 26Market-wide: US market correction impact
2Mar 5, 26Technical rebound from previous decline
3Oct 15, 26Full-year FY2026/08 earnings announced
MC → EV Bridge
10.4BUS$66.3MMarket Cap6.41BUS$40.9M+ Debt3.32BUS$21.2M− Cash0.29BUS$1.85M− Inv. Sec.0.08BUS$0.53M+ NCI13.3BUS$84.7MEV
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Performance & Balance
Revenue 5Y (¥B)
10.4US$66.2M'22/811.1US$70.8M'23/814.8US$94.4M'24/819.1US$122M'25/818.1US$115M'26/8
EBITDA 5Y (¥B)
0.90US$5.75M'22/80.58US$3.72M'23/81.35US$8.60M'24/81.98US$12.6M'25/82.17US$13.9M'26/8
Net Income 5Y (¥B)
0.51US$3.27M'22/81.18US$7.54M'23/81.01US$6.45M'24/81.08US$6.86M'25/81.21US$7.71M'26/8
Capital Structure
57%
43%
EquityD/E 0.76xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.95US$12.5M4.62US$29.4M'22/83.09US$19.7M5.66US$36.1M'23/82.93US$18.7M5.55US$35.4M'24/83.31US$21.1M5.56US$35.4M'25/83.61US$23.0M6.41US$40.9M'26/8
Shareholders
Top 10 hold 43.3%
1
Nihon Komsys Co., Ltd.
18.39%
2
Kyocera Communication Systems Co., Ltd.
5.75%
3
JESCO Employee Stock Ownership Association
4.55%
4
Mitsuko KARASAWA
3.43%
5
JESCO Business Partners' Stock Ownership Association
2.22%
6
Akitoshi MATSUSHITA
2.16%
7
THE SEIBU SHINKIN BANK
1.87%
8
NOMURA PB NOMINEES LIMITEDOMNIBUS-MARGIN (CASHPB; Standing Proxy: Nomura Securities Co., Ltd.)
1.84%
9
SBI SECURITIES Co., Ltd.
1.61%
10
DAIWA CM SINGAPORE LTD. (Standing Proxy: Daiwa Securities Co. Ltd.)
1.44%
Management
11 officers
Mitsuko KARASAWA
Representative Director, President and Executive Officer
As described in (2) Status of Officers, ① List of Officers, a above
1951-08-27
Taichi KOTEGAWA
Director, Executive Officer, Senior Managing Director
As described in (2) Status of Officers, ① List of Officers, a above
1966-11-27
Masayuki NUMAI
Director, Executive Officer, Senior Managing Director
As described in (2) Status of Officers, ① List of Officers, a above
1952-02-28
Toshihiko HAGIWARA
Director, Executive Officer, Managing Director
As described in (2) Status of Officers, ① List of Officers, a above
1964-12-05
Kazutaka MURAGUCHI
Director
As described in (2) Status of Officers, ① List of Officers, a above
1958-11-20
Masaaki SUZUKI
Audit & Supervisory Board Member
As described in (2) Status of Officers, ① List of Officers, a above
1951-07-28
Mami KANEKO
Director
As described in (2) Status of Officers, ① List of Officers, a above
1982-01-14
Thi Ngoc Loan NGUYEN
Director
As described in (2) Status of Officers, ① List of Officers, a above
1960-03-09
Keiji YUBA
Director
Oct 1992 Joined Chuo Audit Corporation, Osaka Office Aug 2007 Partner, Tohmatsu Audit Corporation (currently Deloitte Touche Tohmatsu LLC); Deputy Head, Human Resource Development Division Dec 2014 President and Representative Director, Tohmatsu e-Learning Solutions Co., Ltd. Aug 2017 Established Sankei Business Consulting Co., Ltd.; President and Representative Director (current) Sep 2017 Established General Incorporated Association International Computer Audit Education Association; Representative Director (current) Feb 2018 Part-time Audit & Supervisory Board Member, Digital Knowledge Co., Ltd. (current) Jan 2019 Expert Member, IT Support for Small Offices Subcommittee, Small and Medium Office Policy Research Council (current) Nov 2020 Part-time Lecturer, Graduate School of Accounting Profession, Aoyama Gakuin University (current) Sep 2022 Part-time Lecturer, Kansai University Graduate School of Accounting (current) Nov 2025 Director, the Company (current)
1968-03-28
Tatsunosuke HATANAKA
Full-time Audit & Supervisory Board Member
As described in (2) Status of Officers, ① List of Officers, a above
1954-08-30
Seiichi SATO
Audit & Supervisory Board Member
As described in (2) Status of Officers, ① List of Officers, a above
1962-02-22
Large Shareholding Reports
Kyocera Communication Systems Co., Ltd.
2026-04-28
6.70%→4.52%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-02-28): 5.75%
Kyocera Communication Systems Co., Ltd.
2026-04-23
6.70%→4.52%
Annual report (as of 2026-02-28): 5.75%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-14
Full-Year Earnings Flash
FY ending Aug 2026
TDnet
2026-07-14
Q3 Earnings Flash
FY ending Aug 2026
EDINETAmended
2026-04-28
Change Report
EDINET
2026-04-23
Large Shareholding Report
EDINET
2026-04-13
Semi-Annual Securities Report
Period: Sep 2025 – Aug 2026
TDnet
2026-01-14
Q1 Earnings Flash
FY ending Aug 2026
EDINET
2025-11-26
Annual Securities Report
Period: Sep 2024 – Aug 2025
TDnet
2025-07-14
Q3 Earnings Flash
FY ending Aug 2025
EDINET
2025-04-14
Semi-Annual Securities Report
Period: Sep 2024 – Aug 2025
TDnet
2025-01-14
Q1 Earnings Flash
FY ending Aug 2025
EDINET
2024-11-28
Annual Securities Report
Period: Sep 2023 – Aug 2024
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-04-12
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-01-12
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-11-28
Annual Securities Report
Period: Sep 2022 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-04-14
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-01-13
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-11-25
Annual Securities Report
EDINET
2022-07-14
Quarterly Securities Report
EDINET
2022-04-14
Quarterly Securities Report
EDINET
2022-01-14
Quarterly Securities Report
EDINET
2021-11-26
Annual Securities Report
EDINET
2021-07-14
Quarterly Securities Report
EDINET
2021-04-14
Quarterly Securities Report
EDINET
2021-01-14
Quarterly Securities Report
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