Overview
Construction

SYNCLAYER INC.

Synclayer is a system integrator and solution provider specializing in broadcasting and telecommunications infrastructure, primarily serving cable TV operators, telecom carriers, and ISPs across Japan. The company offers end-to-end services spanning system planning, network design, equipment selection, construction, and ongoing operations and maintenance under its Total Integration and Equipment Integration divisions. Its competitive strengths lie in its dual capability as both a manufacturer and integrator, offering proprietary hardware and software alongside third-party equipment, with expertise spanning 4K/8K digital broadcasting, high-speed data networks, fiber optic and wireless infrastructure, and regional disaster alert systems.

Market Cap
¥3.14B
US$20.0M
EV
¥2.45B
US$15.6M
Stock¥701▼-1.68%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.9
x
LTM EV/EBIT
5.9
x
LTM PER
9.5
x
LTM PBR
0.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-19.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
3.14BUS$20.0MMarket Cap1.06BUS$6.76M+ Debt1.22BUS$7.79M− Cash0.53BUS$3.38M− Inv. Sec.2.45BUS$15.6MEV
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Performance & Balance
Revenue 5Y (¥B)
13.1US$83.3M'21/129.97US$63.6M'22/1210.4US$66.6M'23/1211.7US$74.7M'24/1210.5US$66.9M'25/12
EBITDA 5Y (¥B)
1.39US$8.88M'21/120.60US$3.85M'22/120.72US$4.58M'23/120.86US$5.47M'24/120.57US$3.62M'25/12
Net Income 5Y (¥B)
0.87US$5.55M'21/120.29US$1.87M'22/120.43US$2.76M'23/120.55US$3.49M'24/120.24US$1.54M'25/12
Capital Structure
85%
EquityD/E 0.17xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.11US$13.5M0.89US$5.64M'21/122.19US$14.0M2.99US$19.0M'22/121.70US$10.8M0.76US$4.87M'23/121.48US$9.42M2.62US$16.7M'24/121.43US$9.14M1.48US$9.46M'25/12
Shareholders
Top 10 hold 38.6%
1
MASBuddy Co., Ltd.
18.40%
2
Yoshitaka YAMAGUCHI
2.80%
3
SYNCLAYER INC. Employee Stock Ownership Association
2.80%
4
Kimihito MIZUMOTO
2.70%
5
Hiroshi KUROSAWA
2.60%
6
Norifumi SAKUMA
2.40%
7
Yoriko AKASHI
1.90%
8
Aiko YAMAGUCHI
1.80%
9
Shihoko KAWAMOTO
1.60%
10
MUFG Bank, Ltd.
1.60%
Management
7 officers
Masahiro YAMAGUCHI
Representative Director, President
Jun 1982 Joined the Company May 1988 Director; General Manager, Overseas Business Division May 1989 Managing Director Feb 1990 Director, Kaiki Co., Ltd. (now Cable System Construction Co., Ltd.) Jun 1991 Senior Managing Director May 1994 Representative Director, President Sep 1994 Chairman, Aichi Electronics (Zhongshan) Co., Ltd. (current) Jun 2011 Representative Director, President, Cable System Construction Co., Ltd. Oct 2014 Representative Director, President, Okuda Electric Industry Co., Ltd. (current) Mar 2026 Representative Director, Chairman (current)
1954-08-20
Tomomasa YAMAGUCHI
Managing Director; General Manager, Production Engineering Headquarters and Head of Public Relations Office
Apr 2018 Joined the Company Apr 2023 General Manager, Management Planning Office Mar 2024 Director Mar 2025 Managing Director Mar 2025 General Manager, Production Engineering Headquarters Mar 2025 Head of Public Relations Office Mar 2026 Representative Director, President (current)
1991-05-01
Naoya FUKUNAGA
Director; General Manager, Sales Headquarters
Feb 1990 Resigned from Miso Service Co., Ltd. (now Misono Service Co., Ltd.) Feb 1990 Joined the Company Apr 2010 General Manager, Tokyo Branch Apr 2016 General Manager, Chubu Branch (current) Oct 2016 Executive Officer Apr 2018 General Manager, Sales Headquarters (current) Jun 2018 Director (current)
1961-11-17
Nobuaki FUJIWARA
Director; General Manager, Administration Headquarters and General Affairs Department
Oct 2018 Seconded to the Company from The Bank of Tokyo-Mitsubishi UFJ, Ltd. Oct 2019 General Manager, Accounting Department (secondment ended) Apr 2020 Executive Officer Mar 2021 Director Mar 2021 Managing Director, Okuda Electric Industry Co., Ltd. (current) Sep 2021 Auditor, Aichi Electronics (Zhongshan) Co., Ltd. (current) Mar 2023 Director, Cable System Construction Co., Ltd. (current) Mar 2023 General Manager, Administration Headquarters (current) Mar 2025 General Manager, General Affairs Department (current)
1965-01-21
Yoshitaka YAMAGUCHI
Full-time Audit and Supervisory Committee Member (Director)
Apr 1983 Joined the Company Apr 2009 General Manager, Manufacturing Department Apr 2013 General Manager, Kani Plant and Manufacturing Department Jun 2013 Director Nov 2018 General Manager, Quality Assurance Department Mar 2021 Managing Director Sep 2021 Director, Aichi Electronics (Zhongshan) Co., Ltd. Mar 2025 Director, Audit and Supervisory Committee Member (current) Mar 2025 Auditor, Cable System Construction Co., Ltd. (current) Mar 2025 Auditor, Okuda Electric Industry Co., Ltd. (current)
1961-03-03
Masahiro KUZUTANI
Director, Audit and Supervisory Committee Member (Outside Director)
Jan 1991 Joined Aoyama Audit Corporation (now PwC Japan LLC) Dec 1995 Left Aoyama Audit Corporation Mar 1996 Opened Kuzutani Certified Public Accountant Office; Head of the Office (current) Jun 2002 Outside Auditor, the Company Jun 2011 Outside Auditor, Toyo Denki Co., Ltd. Jun 2015 Outside Director, Audit and Supervisory Committee Member, Toyo Denki Co., Ltd. (current) Mar 2021 Director, Audit and Supervisory Committee Member, the Company (current)
1962-11-13
Shiho NAKAI
Director, Audit and Supervisory Committee Member (Outside Director)
Dec 2016 Registered as attorney-at-law; joined Ishihara Sogo Law Office (current) Apr 2017 Member, Labor Law Committee, Aichi Bar Association Apr 2017 Member, Judicial System Research Committee, Aichi Bar Association (current) Mar 2025 Director, Audit and Supervisory Committee Member (current)
1987-09-04
Large Shareholding Reports
MAS Buddy Co., Ltd.
2025-11-20
21.66%→16.66%
Annual report (as of 2026-06-30): 18.40%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-12
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-08-12
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-25
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2025-11-20
Large Shareholding Report
TDnet
2025-11-13
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Jun 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-29
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-31
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-31
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-19
Securities Registration Statement
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-31
Annual Securities Report
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