Overview
Construction

KANDA TSUSHINKI CO.,LTD.

Kanda Tsushin Kogyo is a systems integrator and ICT solutions provider operating primarily in Japan, offering telephone exchange equipment, network systems, and IT infrastructure solutions as an authorized dealer of Hitachi and Mitsubishi Electric. Through its consolidated subsidiary Nisshin Denshi Co., Ltd., the group also provides wireless communications, CCTV, and broadcast equipment sales, design, installation, and maintenance services. The company additionally operates a lighting control business offering planning, design, and support services, as well as a real estate leasing business utilizing its owned properties.

Market Cap
US$41.7M
¥6.65B
EV
US$10.7M
¥1.71B
StockUS$18.20(¥2,906)▲+0.00%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
3.3
x
LTM EV/EBIT
3.8
x
LTM PER
29.6
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-8.3%pt
100
Nov 13, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$41.7M¥6.65BMarket CapUS$2.66M¥0.42B+ DebtUS$20.4M¥3.26B− CashUS$13.3M¥2.12B− Inv. Sec.US$10.7M¥1.71BEV
AI Briefing
Kanda Tsushin: ~75-year ICT integrator, authorized Hitachi/Mitsubishi Electric dealer, spanning telephony, network infra, wireless/CCTV plus lighting control and real estate leasing. FY26/3 revenue US$42.6M (¥6.8B), OP US$2.50M (¥0.4B) (6.5% margin) — softer than FY25/3's US$45.1M (¥7.2B) revenue and US$3.76M (¥0.6B) OP, margin compression evident. Shareholder base includes concentrated individual holders alongside UHPartners2 and Mitsubishi/Hitachi-dealer-adjacent fund 光通信, with cash of US$20.7M (¥3.3B) against a US$41.3M (¥6.6B) market cap and minimal net debt.
Performance & Balance
Revenue 5Y (US$)
US$37.2M¥5.95B'22/3US$37.4M¥5.98B'23/3US$44.8M¥7.15B'24/3US$45.0M¥7.18B'25/3US$42.4M¥6.78B'26/3
EBITDA 5Y (US$)
US$2.58M¥0.41B'22/3US$3.27M¥0.52B'23/3US$4.79M¥0.76B'24/3US$4.67M¥0.75B'25/3US$3.16M¥0.51B'26/3
Net Income 5Y (US$)
US$3.53M¥0.56B'22/3US$2.40M¥0.38B'23/3US$3.41M¥0.55B'24/3US$2.70M¥0.43B'25/3US$2.33M¥0.37B'26/3
Capital Structure
94%
EquityD/E 0.07xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$26.0M¥4.16BUS$2.58M¥0.41B'22/3US$25.7M¥4.10BUS$2.44M¥0.39B'23/3US$28.3M¥4.53BUS$2.22M¥0.35B'24/3US$29.9M¥4.78BUS$2.54M¥0.41B'25/3US$32.8M¥5.24BUS$2.75M¥0.44B'26/3
Business Segments
2026/03 · US$ (¥B)
92%
Information Technology Communications
Revenue
US$39.0M(¥6.23B)
Segment profit
US$3.38M(¥0.54B)8.7%
7.2%
Lighting control business
Revenue
US$3.07M(¥0.49B)
Segment profit
-US$0.62M(¥-0.10B)-20.3%
0.9%
Real estate rent business
Revenue
US$0.38M(¥0.06B)
Segment profit
-US$0.01M(¥-0.00B)-3.1%
Adjustments
Revenue
US$0.00M(¥0.00B)
Segment profit
—
No segment changes in the last 5 years
Shareholders
Top 10 hold 59.1%
1
Tadashi SATO
12.58%
2
Kiyonori SAYAMA
9.98%
3
UHPartners2 Investment Limited Partnership (General Partner: UHPartners2 Co., Ltd.)
7.10%
4
Hikari Tsushin KK Investment Limited Partnership (General Partner: Hikari Tsushin, Inc.)
6.74%
5
Hiromi HIRANO
5.64%
6
KANDA TSUSHINKI CO.,LTD. Employee Stock Ownership Association
4.85%
7
Masato KAMBE
4.47%
8
Hisayo SATO
2.67%
9
NAKAYO, INC.
2.63%
10
SIL Investment Limited Partnership (General Partner: SIL Co., Ltd.)
2.48%
Management
10 officers
Masato KAMBE
Representative Director, President
Mar 1984 Joined the Company Mar 2001 Tachikawa Branch Manager Mar 2004 Osaka Branch Manager Feb 2006 General Manager, General Affairs Department Jun 2006 Director, General Manager, General Affairs Department Jun 2011 Representative Director, President (current) Jun 2013 President and Executive Officer (current)
1960-12-20
Masahiro OGASAWARA
Managing Director
Oct 1990 Joined Mitsubishi Estate Co., Ltd. Apr 2014 Deputy General Manager, Building Management Department and Building Sales Department, Mitsubishi Estate Co., Ltd. Apr 2016 Deputy General Manager, Renovation Design Department and Head of New Building Tenant Construction Office, Mitsubishi Jisho Sekkei Inc. Sep 2024 Deputy Branch Manager, Kansai Branch, Mitsubishi Estate Co., Ltd. Apr 2025 Advisor to the Company Jun 2025 Managing Director (current) Jun 2025 Managing Executive Officer (current)
1965-09-08
Koichi MORIKAWA
Managing Director, Head of Business Division
Apr 1993 Joined the Company Aug 2014 Sapporo Branch Manager Mar 2017 General Manager, Communications Division Mar 2018 Executive Officer, Head Office Business Branch Manager and General Manager, Public, Transportation and Education Sales Department Jun 2019 Director, Head Office Business Branch Manager Mar 2020 Director, Deputy Head, Information and Communications Business Division Mar 2021 Director, Head, Information and Communications Business Division Mar 2024 Director, Head, Business Division Jun 2025 Managing Director, Head, Business Division (current) Jun 2025 Managing Executive Officer (current)
1971-03-13
Yoshiyuki JINDO
Director
Apr 2003 Joined the Company Sep 2020 General Manager, System Production Center, Information and Communications Business Division Mar 2023 General Manager, President's Office Mar 2023 Executive Officer (current) Mar 2024 Branch Manager, Control and Lighting Business Branch Jun 2024 Director, Branch Manager, Control and Lighting Business Branch (current)
1980-05-09
Hisanori SUGIOKA
Director
Apr 1982 Joined Hitachi Denshi, Ltd. Apr 2002 General Manager, Business Communications Sales Department, Hitachi Kokusai Electric Inc. Oct 2009 General Manager, Chubu Branch, Hitachi Kokusai Electric Inc. Apr 2013 Branch Manager, Chugoku Branch, Hitachi Kokusai Electric Inc. Apr 2015 Assistant to the President, Nikko Denshi Co., Ltd. May 2015 Representative Director, President, Nikko Denshi Co., Ltd. (current) Jun 2019 Director of the Company (current)
1959-07-24
Tetsuya HABU
Director
Apr 1989 Joined Japan Development Bank (currently Development Bank of Japan Inc.) Dec 2000 Registered as Patent Attorney Oct 2001 Head, Habu Patent Office (current) Oct 2002 Representative Director, IPV Research Institute Co., Ltd. (currently IP Direction Co., Ltd.) (current) Jun 2016 Audit & Supervisory Board Member of the Company Jun 2019 Director of the Company (current)
1965-04-09
Kuniharu SASAKI
Director
Oct 1990 Joined Mitsubishi Estate Co., Ltd. Apr 2003 Deputy General Manager, Facilities Design Department, Mitsubishi Jisho Sekkei Inc. Apr 2006 Chief Manager, Facilities Design Department, Mitsubishi Jisho Sekkei Inc. Sep 2012 General Manager, Mechanical Facilities Design Department, Mitsubishi Jisho Sekkei Inc. Apr 2016 Advisor, Marunouchi Heat Supply Co., Ltd. Jun 2016 Representative Director, Senior Managing Director, Marunouchi Heat Supply Co., Ltd. Jun 2017 Representative Director, Senior Managing Executive Officer, Marunouchi Heat Supply Co., Ltd. Jun 2022 Director of the Company (current) Apr 2025 Part-time Lecturer, Shibuya Fashion & Art Vocational School (current)
1957-05-22
Masayuki TANABE
Full-time Audit & Supervisory Board Member
Mar 1986 Joined the Company Apr 2002 Yokohama Branch Manager Mar 2008 Group Leader, Platform Solutions Group 1 Mar 2009 Kita-Kanto Branch Manager Sep 2013 Branch Manager, Control and Lighting Business Branch Mar 2016 General Manager, General Affairs Department Mar 2018 Fukuoka Sales Office Manager Jun 2019 Executive Officer, General Manager, Administration Division Mar 2023 General Manager, Internal Audit Department Jun 2023 Full-time Audit & Supervisory Board Member (current)
1963-02-19
Yukiko OTSUKA
Audit & Supervisory Board Member
Apr 1988 Joined Kofuku Bank, Ltd. Jun 2000 Partner, Adachi Social Insurance and Labor Consultant Office Sep 2007 Full-time Lecturer, Fuji Xerox Comprehensive Education and Research Institute Co., Ltd. Oct 2010 Lecturer, Graduate School of System Design and Management, Keio University (current) Apr 2011 Part-time Lecturer, Advanced Institute of Industrial Technology Jun 2019 Audit & Supervisory Board Member of the Company (current) Apr 2021 Associate Professor, Graduate School of Innovation Management, Hosei University (current)
1966-02-21
Shiho HIGASHI
Audit & Supervisory Board Member
Oct 2006 Registered as Attorney at Law; joined Daiichi Fuyo Law Office Oct 2014 Partner, Daiichi Fuyo Law Office (current) Jun 2019 Audit & Supervisory Board Member of the Company (current) Apr 2020 Auditor, Daiichi Tokyo Bar Association Jun 2021 Outside Director, Key Coffee Inc. (current) Jun 2026 Outside Director, Audit and Supervisory Committee Member, Daito Boseki Co., Ltd. (current)
1975-04-22
Large Shareholding Reports
Kiyonori SAYAMA
2026-11-12
8.71%→7.57%
Annual report (as of 2026-03-31): 9.98%
Koutsushin Co., Ltd.
2025-09-26
6.88%→6.88%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-11-13
Semi-Annual Securities Report
Period: Apr 2026 – Mar 2027
EDINET
2026-11-12
Large Shareholding Report
TDnet
2026-11-09
Q2 Earnings Flash
FY ending Mar 2027
TDnet
2026-11-09
業績予想の修正
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-11
Full-Year Earnings Flash
FY ending Mar 2026
TDnet
2026-02-09
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-11-10
業績予想の修正
FY ending Mar 2026
EDINET
2025-09-26
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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