Overview
Metal Products

TECNISCO,LTD.

TECNISCO is a precision-machined components manufacturer specializing in heat sink products and precision glass components for high-tech applications including semiconductor lasers, power semiconductors, sensors, mobile devices, and bio/medical equipment. The company's proprietary 'CrossEdge® Technology' integrates multiple processing techniques—cutting, grinding, polishing, metallizing, and bonding—in-house to deliver complex, custom-engineered parts that single-specialty manufacturers cannot produce. Key competitive strengths include advanced high-performance heat sink materials (Cu/AlN/Cu, CuW, and Silver Diamond composites) and precision glass processing, serving markets such as industrial equipment, automotive, optical/wireless communications (including 5G/6G), life sciences, aerospace, and energy.

Market Cap
¥16.0B
US$102M
EV
¥18.2B
US$116M
Stock¥1,742▼-2.13%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
97.3
x
LTM EV/EBIT
NM
LTM PER
3203.0
x
LTM PBR
9.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+263.2%pt
1001234
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 24, 25Activist investor price support
2Feb 12, 26Activist fund buying pressure
3Feb 19, 26Activist strategy change selling pressure
4Sep 18, 26Announcement of Large Order Received (Tecnisco, disclosed 2026/9/18)
MC → EV Bridge
16.0BUS$102MMarket Cap4.29BUS$27.4M+ Debt2.09BUS$13.3M− Cash0.00BUS$0.00M− Inv. Sec.18.2BUS$116MEV
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Performance & Balance
Revenue 5Y (¥B)
5.35US$34.1M'23/64.68US$29.9M'24/63.36US$21.4M'25/63.75US$23.9M'26/6
EBITDA 5Y (¥B)
0.81US$5.19M'23/60.07US$0.43M'24/6-0.91-US$5.82M'25/60.19US$1.19M'26/6
Net Income 5Y (¥B)
0.22US$1.42M'23/6-0.60-US$3.85M'24/6-2.98-US$19.0M'25/60.01US$0.03M'26/6
Capital Structure
29%
71%
EquityD/E 2.43xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
0.85US$5.42M3.21US$20.5M'23/62.18US$13.9M3.97US$25.3M'24/61.91US$12.2M4.23US$27.0M'25/62.09US$13.3M4.29US$27.4M'26/6
Shareholders
Top 10 hold 69.9%
1
XE Holdings LLC
54.58%
2
Keizo SEKIIE
5.88%
3
Nomura Trust and Banking Co., Ltd. (Trust Account 2052276)
2.06%
4
Hitoshi UEDA
1.31%
5
TECNISCO,LTD. Employee Stock Ownership Association
1.29%
6
Masakatsu YOSHIMOTO
1.08%
7
Rakuten Securities, Inc. (Joint Account)
1.03%
8
The Master Trust Bank of Japan, Ltd. (Trust Account)
0.95%
9
Keiichiro SEKIIE
0.87%
10
Kenjiro SEKIIE
0.87%
Management
10 officers
Keizo SEKIIE
Representative Director, President and CEO
Jul 1989 Joined DISCO Corporation Jun 1995 Director, DISCO Corporation Jul 2002 Managing Director, DISCO Corporation Sep 2005 Director, the Company Apr 2009 Representative Director, President, the Company (current) Feb 2010 Chairman, TECNISCO (SuZhou) CO.,Ltd. (current) Aug 2017 Chairman, TECNISCO Advanced Materials Pte. Ltd. (current) May 2019 Chairman, TECNISCO EUROPE GmbH (current) Sep 2023 Chief Executive Officer (CEO), the Company (current)
1965-03-21
Tomotaka MURAKAMI
Senior Managing Director, CBO, General Manager of Global Business Division
Jan 1984 Joined DISCO Corporation Aug 2015 Transferred from DISCO Corporation Aug 2015 Joined the Company, Manager of Business Development Office Jul 2017 Executive Officer, Manager of Business Development Office, the Company Aug 2017 President, TECNISCO Advanced Materials Pte. Ltd. (current) Oct 2018 Executive Officer, General Manager of Global Business Division, the Company Apr 2019 Director, TECNISCO (SuZhou) CO.,Ltd. (current) May 2019 President, TECNISCO EUROPE GmbH (current) Jun 2019 Director, General Manager of Global Business Division, the Company Sep 2022 Senior Managing Director, General Manager of Global Business Division, the Company (current) Sep 2023 Chief Global Business Officer (CGBO), the Company Sep 2025 Chief Business Officer (CBO), the Company (current)
1964-05-01
Masayuki AIHARA
Managing Director, CFO, General Manager of Management Support Division
Apr 1985 Joined DISCO Corporation Jul 2008 Seconded to the Company Oct 2008 General Manager of Business Department, the Company Nov 2008 Left DISCO Corporation upon transfer to the Company Nov 2009 General Manager of Management Support Department, the Company Jun 2011 Director and General Manager of Management Support Department, the Company Sep 2022 Managing Director, General Manager of Management Support Division, the Company (current) Sep 2023 Chief Financial Officer (CFO), the Company (current)
1961-03-24
Myung-hwan CHO
Director, CTO, General Manager of Technology and Manufacturing Division
Apr 1990 Joined LG Electronics Inc., Korea Apr 2003 Associate Professor, Institute for Materials Research, Tohoku University Feb 2007 Co-founded WAVESQUARE, INC., Korea May 2016 Co-founded THE GOODSYSTEM CORP., Korea (equity-method affiliate); Representative Director and CEO (current) Sep 2025 Director, the Company (current) Sep 2025 Chief Technology Officer (CTO), the Company (current)
1963-03-10
Rumi ICHIKAWA
Director
Apr 1996 Joined Hewlett-Packard Japan, Ltd. (now Hewlett-Packard Japan LLC) Nov 2001 Registered as Patent Attorney Jan 2002 Joined Kaji & Suhara Patent Firm (now ATEN Patent Attorneys Corporation) Dec 2021 Director, the Company (current) Apr 2021 Vice President, Japan Patent Attorneys Association Aug 2022 Head, ATEN Patent Attorneys Corporation (current)
1973-04-28
Shu UCHIYAMA
Director
Aug 1992 Joined Lasertec Corporation Jul 1998 Planning Office Manager, Lasertec Corporation Sep 2001 Director, Lasertec Corporation Jan 2004 General Manager of General Affairs Department, Lasertec Corporation Jul 2006 Planning Office Manager, Lasertec Corporation Jul 2007 General Manager of Administration Division and Planning Office Manager, Lasertec Corporation Sep 2007 Director and Executive Officer, Lasertec Corporation Jul 2008 Planning Office Manager and General Affairs Department General Manager, Lasertec Corporation Jul 2009 General Manager of Administration Division, Lasertec Corporation Jan 2011 Representative Director, Lasertec Korea Corporation Jul 2013 General Manager of Quality Assurance Department, Lasertec Corporation Sep 2013 Managing Director, Lasertec Corporation Aug 2015 Chairman, Lasertec Taiwan, Inc. Jun 2017 Chairman, Lasertec China Co., Ltd. Jan 2020 General Manager of Finance and Accounting Department, Lasertec Corporation Sep 2023 Director, the Company (current)
1966-02-01
Kazuharu WATANABE
Director
Apr 1984 Joined Asahi Accounting Firm (now Azusa Audit LLC) Oct 1994 Joined Asahi Arthur Andersen K.K. Jun 2003 Joined DISCO Corporation Nov 2009 Joined Square Enix Co., Ltd. Jun 2013 CFO, Square Enix Holdings Co., Ltd. Jul 2020 Joined NET PROTECTIONS Inc. Jun 2021 Director and CFO, NET PROTECTIONS HOLDINGS Inc. Mar 2026 Outside Audit & Supervisory Board Member, Rapidus Inc. (current) Mar 2026 Outside Director (Audit and Supervisory Committee Member), HAKUTEN Co., Ltd. (current) Sep 2026 Director, the Company (current)
1961-10-23
Takemitsu OBATA
Full-time Audit & Supervisory Board Member
Apr 1991 Joined The Tokyo Bank, Ltd. (now MUFG Bank, Ltd.) Sep 2014 Branch Manager, Prague Branch, MUFG Bank (Europe) N.V. Apr 2017 Deputy Branch Manager, Frankfurt Branch, MUFG Bank (Europe) N.V.; President, MUFG Europe Lease (Deutschland) GmbH Aug 2019 Branch Manager, Milan Branch, MUFG Bank, Ltd.; General Manager, Milan Corporate Business Department Sep 2021 Seconded to Rigaku Corporation (later transferred) Aug 2022 CFO, MILabs B.V., Netherlands (subsidiary of Rigaku Corporation) Jan 2025 Global Finance and IR, Rigaku Holdings Corporation (parent of Rigaku Corporation) Sep 2025 Full-time Audit & Supervisory Board Member, the Company (current)
1959-01-07
Koji HIRAYAMA
Audit & Supervisory Board Member
Oct 1984 Joined Showa Audit Corporation (now EY ShinNihon LLC) Jun 1992 Joined Hirayama Tax & Accounting Office (current) May 2015 Auditor, Mejiro Gakuen Educational Corporation (current) Jun 2011 Audit & Supervisory Board Member, the Company (current)
1959-01-07
Tomome IWAMA
Audit & Supervisory Board Member
Jan 2004 Joined Ziosoft, Inc. Dec 2009 Registered as Attorney-at-Law (Daiichi Tokyo Bar Association) Dec 2009 Joined Abe, Inokubo & Katayama Law Office Jul 2020 Partner Attorney, Abe, Inokubo & Katayama Law Office (current) Sep 2026 Audit & Supervisory Board Member, the Company (current)
1978-08-30
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-25
Annual Securities Report
Period: Jul 2025 – Jun 2026
TDnet
2026-08-14
Full-Year Earnings Flash
FY ending Jun 2026
TDnet
2026-05-15
Q3 Earnings Flash
FY ending Jun 2026
EDINET
2026-02-13
Semi-Annual Securities Report
Period: Jul 2025 – Jun 2026
TDnet
2025-11-14
Q1 Earnings Flash
FY ending Jun 2026
EDINET
2025-09-26
Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2025-05-15
Q3 Earnings Flash
FY ending Jun 2025
EDINET
2025-02-14
Semi-Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2024-11-14
Q1 Earnings Flash
FY ending Jun 2025
EDINET
2024-09-27
Annual Securities Report
Period: Jul 2023 – Jun 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-09-29
Annual Securities Report
Period: Jul 2022 – Jun 2023
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