Overview

KAWASAKI SETSUBI KOGYO CO., LTD.

Kawasetsu Co., Ltd. is a specialized construction services company engaged in air conditioning, heating and cooling, plumbing and sanitation, and electrical engineering works across Japan. The company operates through three regional divisions—Eastern, Central, and Western—serving a broad range of clients nationwide. As a subsidiary of Kandenko Co., Ltd., Kawasetsu benefits from collaborative sales and construction coordination with its parent company, enhancing its competitive positioning in facility engineering projects.

Market Cap
¥—B
EV
¥—B
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
—
LTM EV/EBIT
—
LTM PER
—
LTM PBR
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No price data
Stock data unavailable
This company is listed on a regional exchange (Nagoya/Fukuoka/Sapporo) and is not distributed via J-Quants (JPX). Stock price, market cap, and EV-based multiples are not available. Financial data from public filings (P&L, BS, directors, etc.) remains accurate for analysis.
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Performance & Balance
Revenue 5Y (¥B)
23.6US$151M'22/320.8US$133M'23/322.5US$143M'24/329.2US$186M'25/337.7US$240M'26/3
EBITDA 5Y (¥B)
1.47US$9.38M'22/31.28US$8.16M'23/31.61US$10.2M'24/32.99US$19.0M'25/35.18US$33.0M'26/3
Net Income 5Y (¥B)
0.85US$5.42M'22/30.71US$4.51M'23/30.85US$5.39M'24/31.96US$12.5M'25/33.68US$23.5M'26/3
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
4.98US$31.8M0.42US$2.67M'22/35.65US$36.0M0.51US$3.27M'23/34.66US$29.7M0.55US$3.50M'24/34.18US$26.7M0.45US$2.87M'25/33.46US$22.1M0.28US$1.79M'26/3
Shareholders
Top 10 hold 76.5%
1
KANDENKO CO.,LTD.
50.10%
2
KAWASAKI SETSUBI KOGYO CO., LTD. Business Partners' Stock Ownership Association
16.46%
3
KAWASAKI SETSUBI KOGYO CO., LTD. Employee Stock Ownership Association
3.41%
4
Kawasaki Heavy Industries,Ltd.
1.80%
5
NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHOB; Standing Proxy: Nomura Securities Co., Ltd.)
1.38%
6
Yamashin Co., Ltd.
0.81%
7
The Ogaki Kyoritsu Bank,Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
0.80%
8
Toshihiko ARAKAWA
0.59%
9
Masahiro KAWANO
0.58%
10
Katsushi HIROE
0.57%
Management
12 officers
Katsushi HIROE
Representative Director, President
Apr 1984 Joined Kawasaki Setsubi Kogyo Co., Ltd. Dec 2007 General Manager, Osaka Branch Apr 2010 Executive Officer, General Manager, Osaka Branch Jun 2012 Managing Director, General Manager, Sales Headquarters Jun 2014 Senior Managing Director, General Manager, Sales Headquarters Jun 2016 Representative Director, President (current)
1960-08-06
Kenji NAKAMURA
Director, Managing Executive Officer, General Manager, Sales Headquarters
Apr 1985 Joined Kawasaki Heavy Industries, Ltd. Jul 2017 Deputy General Manager, Civil Aircraft Division, Production Headquarters, Aerospace Company, Kawasaki Heavy Industries, Ltd. Apr 2021 Executive Officer, Kawasaki Setsubi Kogyo Co., Ltd. Aug 2021 Executive Officer, General Manager, Corporate Planning Headquarters Apr 2022 Executive Officer, General Manager, Sales Headquarters Jun 2022 Director, General Manager, Sales Headquarters Jun 2024 Director, Executive Officer, General Manager, Sales Division Headquarters (current) Jun 2026 Director, Managing Executive Officer, General Manager, Sales Headquarters
1963-03-07
Hiroshi YAMAZAKI
Director, Executive Officer, General Manager, Eastern Branch
Apr 1988 Joined Kawasaki Setsubi Kogyo Co., Ltd. Jun 2017 General Manager, Construction Management Headquarters Jul 2018 Executive Officer, General Manager, Construction Management Headquarters Apr 2021 Executive Officer, General Manager, Eastern Branch Jun 2021 Director, General Manager, Eastern Branch Jun 2024 Director, Executive Officer, General Manager, Technology Headquarters (current) Jun 2026 Director, Executive Officer, General Manager, Eastern Branch
1966-02-11
Masayoshi TANAKA
Director, Executive Officer, Deputy General Manager, Technology Headquarters
Apr 1984 Joined Kawasaki Setsubi Kogyo Co., Ltd. Jun 2014 General Manager, Chubu Branch Jul 2016 Executive Officer, General Manager, Chubu Branch Apr 2021 Executive Officer, General Manager, Western Branch Jul 2021 Senior Executive Officer, General Manager, Western Branch May 2024 Senior Executive Officer, General Manager, Eastern Branch (current) Jun 2026 Director, Executive Officer, Deputy General Manager, Technology Headquarters; concurrently Group General Manager, Technology and Quality Group; Group General Manager, Environment and Quality Group; General Manager, Environment and Quality Department
1965-05-04
Kiyoshi TAKASAKI
Director, Managing Executive Officer, General Manager, Corporate Planning Headquarters
Apr 1988 Joined Kanden Kogyo Co., Ltd. Oct 2014 General Manager, Sales Administration Department, Distribution Headquarters, Kanden Kogyo Co., Ltd. Jul 2016 Representative Director, President, Tochigi K-Techno Co., Ltd. Jul 2019 General Manager, Business Development Division, Strategic Business Unit, Strategic Technology Development Headquarters, Kanden Kogyo Co., Ltd. Jul 2020 Director, Kanko Shoji Co., Ltd. Jul 2021 Managing Director, Kanko Shoji Co., Ltd. Jul 2022 Managing Director, Kanko Facilities Co., Ltd. Apr 2025 Executive Officer, Deputy General Manager, Management Headquarters, Kawasaki Setsubi Kogyo Co., Ltd. Jun 2025 Director, Managing Executive Officer, General Manager, Management Headquarters (current) Jun 2026 Director, Managing Executive Officer, General Manager, Corporate Planning Headquarters
1965-06-18
Masayuki HATTORI
Director, Managing Executive Officer, General Manager, Technology Headquarters
Apr 1992 Joined Kanden Kogyo Co., Ltd. Jul 2016 Deputy Branch Manager, Eastern Branch, Tokyo Regional Office, Tokyo Sales Headquarters, Kanden Kogyo Co., Ltd. Jul 2020 Branch Manager, Western Branch, Tokyo Branch, Tokyo Sales Headquarters, Kanden Kogyo Co., Ltd. Jul 2023 General Manager, Quality and Construction Management Department, West Kanto Sales Headquarters; concurrently General Manager, Equipment Construction Department, Tama Branch, Kanden Kogyo Co., Ltd. Apr 2025 Officer, Deputy Unit Leader, Construction Quality Unit, Sales Management Headquarters, Kanden Kogyo Co., Ltd. Apr 2026 Advisor, Kawasaki Setsubi Kogyo Co., Ltd. (current) Jun 2026 Director, Managing Executive Officer, General Manager, Technology Headquarters
1969-12-03
Hiroyasu KOYAMA
Director
Apr 1981 Joined Toyota Jidosha Kogyo Co., Ltd. (now Toyota Motor Corporation) Jun 2004 General Manager, Plant Engineering Division, Toyota Motor Corporation May 2013 Senior Managing Director, Toyota T&S Construction Co., Ltd. Jun 2014 Representative Director, Executive Vice President, Toyota T&S Construction Co., Ltd. Jun 2015 Representative Director, President, Toyota T&S Construction Co., Ltd. Jun 2021 Technical Advisor, Kondo Kogyo Co., Ltd. (current) Jun 2022 Director, Kawasaki Setsubi Kogyo Co., Ltd. (current)
1956-05-09
Yuji KASAMA
Director
Apr 1982 Joined Nippon Kokan K.K. (now JFE Steel Corporation) Jun 2002 Manager, Automotive Steel Office, Nagoya Branch, Nippon Kokan K.K. Apr 2007 General Manager, Automotive Steel Products Department, Eastern Steel Division, JFE Shoji Corporation Apr 2014 Executive Officer, General Manager, Central Steel Division, JFE Shoji Corporation Apr 2017 Managing Executive Officer, General Manager, Western Steel Division, JFE Shoji Corporation Apr 2019 Senior Managing Executive Officer, General Manager, Automotive Steel Products Division; concurrently Branch Manager, Nagoya Branch, JFE Shoji Corporation Apr 2023 Advisor, JFE Shoji Corporation Jun 2024 Director, Kawasaki Setsubi Kogyo Co., Ltd. (current)
1959-07-02
Rina TSUBOI
Director
Dec 2015 Registered as Attorney-at-Law (Aichi Bar Association) Jan 2016 Joined Asaka Law Office (current) Jun 2026 Director, Kawasaki Setsubi Kogyo Co., Ltd.
1987-09-12
Yoji HAMADA
Full-time Corporate Auditor
Apr 1990 Joined Kanden Kogyo Co., Ltd. Oct 2018 General Manager, Accounting Department, Accounting and IT Unit, Corporate Headquarters, Kanden Kogyo Co., Ltd. Jul 2019 General Manager, Business Management Department, South Kanto and Tokai Sales Headquarters; concurrently Business Department Manager, Kanagawa Branch, Kanden Kogyo Co., Ltd. Jul 2021 General Manager, Business Management Department, Strategic Business Unit, Strategic Technology Development Headquarters; concurrently in charge of disaster prevention, Kanden Kogyo Co., Ltd. Jul 2022 Deputy Unit Leader, Strategic Business Unit, Strategic Technology Development Headquarters, Kanden Kogyo Co., Ltd. Jul 2024 Director, Tower Line Solutions Co., Ltd. (current) Jun 2026 Full-time Corporate Auditor, Kawasaki Setsubi Kogyo Co., Ltd.
1966-04-22
Tomonori SHIINO
Corporate Auditor
Dec 2005 Joined Azsa LLC (formerly Azsa Audit Corporation) Nov 2011 Registered as Certified Public Accountant Jan 2018 Joined Sakurabashi Audit Corporation Apr 2019 Partner, Sakurabashi Audit Corporation (current) Jun 2020 Corporate Auditor, Kawasaki Setsubi Kogyo Co., Ltd. (current)
1976-12-13
Ikuro FUKUDA
Corporate Auditor
Apr 1984 Joined Gifu Shatai Kogyo Co., Ltd. Jun 2011 Executive Officer, in charge of safety, health, quality, environment, TPS, and facilities and power, Gifu Shatai Kogyo Co., Ltd. Jun 2013 Managing Officer, in charge of safety, health and quality, Gifu Shatai Kogyo Co., Ltd. Jan 2023 Representative Director, President, G.I. Service Co., Ltd. Jan 2024 Part-time Director, Gifu Shatai Kogyo Co., Ltd. (current) Jun 2024 Corporate Auditor, Kawasaki Setsubi Kogyo Co., Ltd. (current)
1962-07-27
Large Shareholding Reports
Kawasaki Setsubi Kogyo Business Partners Shareholding Association, Chairman Ryusaku AKIYAMA
2026-06-16
16.09%→14.42%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-16
Large Shareholding Report
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-05
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-05
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-05
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-06
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-04
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-03
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-07
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-04
Quarterly Securities Report
EDINET
2021-11-05
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
EDINET
2021-02-05
Quarterly Securities Report
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