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Overview

Wholesale Trade

CREATE CORPORATION

Create Co., Ltd. is a specialized distributor of piping materials (kan-ko kizai) in Japan, handling a broad product range including drainage/sewage fittings, water supply and hot water piping, plastic pipes, valves, and HVAC-related equipment. The company serves construction, housing, and civil engineering markets nationwide through an extensive network of sales offices and distribution centers across Japan. A key competitive strength is its role as the exclusive national sales agent for 'Toro-jirushi' branded drainage fittings and products manufactured by its consolidated subsidiary Daidre Co., Ltd.

Market Cap

¥4.56B

US$29.1M

¥5.31B

US$33.9M

Stock¥1,170▲+0.00%

US$1 = ¥156.80 (2026-10-23)

LTM EV/EBITDA

4.4

LTM EV/EBIT

4.9

LTM PER

7.7

LTM PBR

0.8

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.0%pt

Oct 24, 25 – Oct 23, 26StockTOPIX

MC → EV Bridge

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Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

68%

32%

EquityD/E 0.48xDebt

Liquidity vs Debt 5Y (¥B)▼ Net Debt

CashInv. Sec.Debt

Shareholders

Top 10 hold 54.8%

as of 2026-03-31 · Source: Annual Securities Report

CREATE CORPORATION Business Partners' Stock Ownership Association

20.07%

Michio FUKUI

9.91%

CREATE CORPORATION Employee Stock Ownership Association

8.44%

Tamaki FUKUI

7.10%

Takanori YOSHINARI

2.08%

Okabe Valve Industry Co., Ltd.

1.94%

Shinto Casting Co., Ltd.

1.60%

Toshiyuki TAKAGI

1.58%

Akira SAKAGUCHI

1.19%

Yasuhiro UYAMA

0.93%

Management

8 officers

Akihiko IGARASHI

Representative Director, President

Apr 1996 Joined the Company Apr 2014 General Manager, Sales Planning Department Apr 2017 General Manager, Accounting Department Apr 2021 Deputy General Manager, Administration Division; General Manager, Accounting Department Apr 2022 General Manager, Administration Division; General Manager, General Affairs Department Jun 2022 Director, General Manager, Administration Division; General Manager, General Affairs Department Nov 2023 Director, General Manager, Administration Division Jun 2025 Managing Director, General Manager, Administration Division; General Manager, Human Resources Department Apr 2026 Representative Director, President (current)

1973-09-21

Masaru SHIBATA

Senior Managing Director

Apr 1987 Joined the Company Apr 1998 General Manager, Nagoya Sales Department Apr 2004 General Manager, Tokai Branch Apr 2010 General Manager, Osaka Branch Apr 2019 General Manager, Tohoku Branch Apr 2021 Deputy General Manager, Sales Division; General Manager, West Japan Branch Apr 2022 Deputy General Manager, Sales Division Jun 2022 Director, Deputy General Manager, Sales Division Apr 2024 Director; Representative Director, President, Daidore Co., Ltd. Apr 2025 Director, in charge of Sales Division; Representative Director, President, Daidore Co., Ltd. Jun 2025 Managing Director, General Manager, Sales Division; General Manager, West Japan Branch; Representative Director, President, Daidore Co., Ltd. Apr 2026 Senior Managing Director, General Manager, Sales Division; General Manager, East Japan Branch (current)

1963-12-17

Koji TAKIZAWA

Director

Apr 1999 Joined the Company Apr 2019 General Manager, Human Resources and General Affairs Department Apr 2022 General Manager, Human Resources Department Apr 2024 Executive Officer, General Manager, Human Resources Department Jun 2025 Director, General Manager, Sales Promotion Department Apr 2026 Director, General Manager, Business Development Division (current)

1976-07-20

Yoshikazu KATO

Director

Apr 1997 Joined the Company Apr 2013 General Manager, Tokai Branch Apr 2019 General Manager, Kansai Branch Jun 2025 Executive Officer, Deputy General Manager, West Japan Branch; General Manager, Kansai Branch Apr 2026 Executive Officer, General Manager, West Japan Branch; Block Manager, Kansai Block Jun 2026 Director, General Manager, West Japan Branch; Block Manager, Kansai Block (current)

1973-07-18

Hiroshi MIWA

Director, Audit and Supervisory Committee Member

Mar 1982 Joined Nippon Paint Co., Ltd. Apr 2011 Executive Officer, General Manager, Industrial Coatings Business Division, Nippon Paint Co., Ltd. Jun 2013 Director, Senior Executive Officer, General Manager, Industrial Coatings Business Division, Nippon Paint Co., Ltd. Apr 2015 Representative Director, President, Nippon Paint Industrial Coatings Co., Ltd.; Managing Executive Officer, Nippon Paint Holdings Co., Ltd. Mar 2018 Full-time Audit & Supervisory Board Member, Nippon Paint Holdings Co., Ltd. Jan 2020 Full-time Audit & Supervisory Board Member, Nippon Paint Co., Ltd.; Part-time Audit & Supervisory Board Member, Nippon Paint Materials Co., Ltd. (formerly Nippe Trading Co., Ltd.) Oct 2021 Full-time Audit & Supervisory Board Member, Nippon Paint Corporate Solutions Co., Ltd. Jan 2022 Part-time Audit & Supervisory Board Member, Nippon Paint Marine Co., Ltd.; Part-time Audit & Supervisory Board Member, Nippon Paint Surf Chemicals Co., Ltd. Jun 2025 Director of the Company Jun 2026 Director, Audit and Supervisory Committee Member of the Company (current)

1958-01-08

Yuki ONISHI

Director, Audit and Supervisory Committee Member

Mar 1992 Founded C.A.T. Co., Ltd. (limited company), Representative Director, President Apr 1997 Established C.A.T. Co., Ltd. (stock company), Representative Director, President Mar 2014 Merged with KCS Data Co., Ltd. and established KSC Solutions Co., Ltd., Representative Director, President Jun 2018 Advisor, KSC Solutions Co., Ltd. Apr 2019 Chief Consultant (part-time), Tenjinbashi Certified Public Tax Accountants Corporation Jun 2019 Outside Director, Higashi Twenty One Co., Ltd. (now Higashi Holdings Co., Ltd.) Jun 2020 Outside Audit & Supervisory Board Member, Daiken Medical Co., Ltd. (current) Feb 2022 Outside Audit & Supervisory Board Member, Siliconstudio Co., Ltd. (current) Jun 2022 Director, Audit and Supervisory Committee Member of the Company (current) Apr 2025 Outside Director (Audit Committee Member), Higashi Holdings Co., Ltd. (current)

1963-04-12

Nobuaki KUMAMOTO

Director, Audit and Supervisory Committee Member

Oct 2002 Joined Sakura Law Office Sep 2007 Partner Attorney-at-Law, Sakura Law Office (current) Jun 2020 Director, Kofukai Social Welfare Corporation (current) Jun 2024 Director, Audit and Supervisory Committee Member of the Company (current)

1978-03-04

Toru YAMADA

Director

Apr 1994 Joined The Sanwa Bank, Ltd. (now MUFG Bank, Ltd.), Ikuno Branch Apr 2019 Branch Manager, Kishiwada Branch, MUFG Bank May 2021 Branch Manager, Joto Branch, MUFG Bank Nov 2023 Joined the Company; General Manager, General Affairs Department Apr 2025 General Manager, Accounting Department Jun 2025 Executive Officer, Deputy General Manager, Administration Division; General Manager, Accounting Department Apr 2026 Executive Officer, General Manager, Administration Division; General Manager, Accounting Department Jun 2026 Director, General Manager, Administration Division; General Manager, Accounting Department (current)

1972-01-25

Large Shareholding Reports

Michio FUKUI

2025-08-07

11.37%→9.73%

Correction filing (name/detail fix only) — ratio carried over from the original filing

Annual report (as of 2026-03-31): 9.91%

Michio FUKUI

2025-08-01

11.37%→9.73%

Annual report (as of 2026-03-31): 9.91%

Disclosures

No disclosures

Primary Source Filings

TDnet

2026-08-06

Q1 Earnings Flash

FY ending Mar 2027

CREATE CORPORATION

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CREATE CORPORATION

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