Overview
Wholesale Trade

Naigai Tec Corporation

Naigai Tech is a trading and contract manufacturing group serving semiconductor manufacturers, semiconductor equipment makers, FPD equipment manufacturers, and electronics companies. The Sales Business (parent company and Shanghai subsidiary) sources and distributes pneumatic, vacuum, and temperature control components and equipment from domestic and overseas manufacturers to end-user customers in Japan and China. The Contract Manufacturing Business, operated through consolidated subsidiary Naigai Electronics Co., Ltd., provides equipment assembly, contract processing, process management, information equipment assembly, and maintenance support services under a five-segment portfolio (SS, TS, MS, PS, FS).

Market Cap
¥15.7B
US$100.0M
EV
¥6.48B
US$41.3M
Stock¥4,480▼-3.14%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.8
x
LTM EV/EBIT
3.4
x
LTM PER
12.2
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+88.4%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 10, 26Q1 earnings: net income up 7.9x, FY operating profit guidance raised +82.6%
MC → EV Bridge
15.7BUS$100.0MMarket Cap3.07BUS$19.6M+ Debt10.7BUS$68.4M− Cash1.54BUS$9.81M− Inv. Sec.6.48BUS$41.3MEV
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Performance & Balance
Revenue 5Y (¥B)
37.6US$239M'22/345.3US$289M'23/339.0US$249M'24/335.3US$225M'25/332.6US$208M'26/3
EBITDA 5Y (¥B)
2.35US$15.0M'22/32.61US$16.7M'23/31.61US$10.2M'24/31.95US$12.4M'25/31.80US$11.5M'26/3
Net Income 5Y (¥B)
1.54US$9.83M'22/31.64US$10.4M'23/30.85US$5.41M'24/31.05US$6.69M'25/30.97US$6.19M'26/3
Capital Structure
81%
19%
EquityD/E 0.23xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
11.1US$71.0M2.76US$17.6M'22/311.6US$73.9M5.16US$32.9M'23/311.4US$72.5M4.57US$29.1M'24/38.94US$57.0M3.47US$22.1M'25/310.0US$63.8M3.31US$21.1M'26/3
Shareholders
Top 10 hold 37.2%
1
Koichi GONDA
10.05%
2
Yudai GONDA
4.57%
3
Masumi GONDA
4.13%
4
Yumi TAKAHASHI
3.12%
5
Hideki NAKAJIMA
3.00%
6
Kiraboshi Bank, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
2.97%
7
Custody Bank of Japan, Ltd. (Trust Account)
2.75%
8
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
2.32%
9
Yoshiaki SHIMANE
2.15%
10
Mayumi SOEJIMA
2.13%
Management
11 officers
Koichi GONDA
Chairman of the Board, Representative Director
Apr 1980 Joined Saitama Bank, Ltd. May 1984 Joined the Company Nov 1986 Director, Naigai Electronics Co., Ltd. May 1995 Director, Deputy General Manager, Sales Division Jun 1996 Managing Director Jun 1997 Representative Director, Senior Managing Director, General Manager, Sales Division Jun 1999 Representative Director, President Jun 2009 Representative Director, President, Naigai Electronics Co., Ltd. Apr 2011 Chairman, Nagikagi Kiki (Shanghai) Trading Co., Ltd. Apr 2012 Representative Director, Chairman, Naigai Electronics Co., Ltd. Jun 2014 Vice Chairman, Nagikagi Kiki (Shanghai) Trading Co., Ltd. Jun 2014 Director, Naigai Tech Korea Co., Ltd. Apr 2015 Director, Naigai Electronics Co., Ltd. Apr 2017 Representative Director, Chairman (current) Jun 2017 Chairman of the Board, Naigai Electronics Co., Ltd. Jun 2017 Chairman, Nagikagi Kiki (Shanghai) Trading Co., Ltd. Apr 2021 Director, Naigai Electronics Co., Ltd. Jun 2021 Director, Nagikagi Kiki (Shanghai) Trading Co., Ltd. Jun 2023 Chairman of the Board, Naigai Electronics Co., Ltd. (current)
1957-02-15
Katsuro IWAIDA
Representative Director, President, President Executive Officer
Apr 1982 Joined SMC Corporation Nov 2012 Joined the Company, General Manager, Sales Division Apr 2013 General Manager, Sales Division and General Manager, Sales Promotion Department Apr 2014 Deputy General Manager, Sales Division, Kanto-Koshinetsu Block Manager and General Manager, Sales Promotion Department Jun 2014 Director Jun 2014 Director (General Manager), Nagikagi Kiki (Shanghai) Trading Co., Ltd. Jun 2014 Director, General Manager, Sales Division and Kanto-Koshinetsu Block Manager Jun 2015 Managing Director, General Manager, Sales Division Apr 2017 Representative Director, President Jun 2018 Representative Director, President, President Executive Officer (current) May 2019 Director, Nagikagi Kiki (Shanghai) Trading Co., Ltd. Jun 2021 Chairman, Nagikagi Kiki (Shanghai) Trading Co., Ltd. (current)
1958-04-13
Masahiko SASAKI
Managing Director, Managing Executive Officer
Apr 1981 Joined Tokyo Metropolitan Bank, Ltd. Apr 2011 Seconded to the Company, General Manager, Corporate Planning Office Mar 2014 Joined the Company, General Manager, Corporate Planning Office Jun 2014 Director Jun 2014 Supervisor, Nagikagi Kiki (Shanghai) Trading Co., Ltd. (current) Jan 2015 Director, General Manager, Administration Division Apr 2017 Director Jun 2018 Director, Executive Officer Jun 2020 Director, Naigai Electronics Co., Ltd. Jun 2022 Managing Director, Managing Executive Officer (current) Jun 2023 Director, Naigai Electronics Co., Ltd. (current)
1959-02-25
Kazuya YAMASAKI
Director, Executive Officer
Jul 1995 Joined the Company Apr 2008 Manager, Kyoto Branch Apr 2014 Kinki Block Manager Aug 2016 General Manager, Sales Division Apr 2018 General Manager, Sales Planning Division Jun 2018 Executive Officer, General Manager, Sales Planning Division Jun 2023 Director, Executive Officer, General Manager, Sales Planning Division Apr 2026 Director, Executive Officer (current)
1973-11-25
Nobuaki ITO
Director, Executive Officer
Oct 1987 Joined Naigai Electronics Co., Ltd. Jun 2015 Director, General Manager, Administration Department, Naigai Electronics Co., Ltd. Jan 2018 Director, General Manager, Business Planning Division, Naigai Electronics Co., Ltd. Jan 2020 Director, Deputy General Manager, Administration Division and General Manager, Accounting Department, Naigai Electronics Co., Ltd. Jan 2024 Director, General Manager, Administration Division and General Manager, Accounting Department, Naigai Electronics Co., Ltd. Apr 2025 Director, General Manager, Accounting Department, Naigai Electronics Co., Ltd. (current) Apr 2025 Executive Officer, General Manager, Administration Division, the Company Jun 2025 Director, Executive Officer, General Manager, Administration Division (current)
1962-10-12
Kenji MURAYAMA
Director
Apr 1977 Joined Tokyo Nishi Sony Sales Co., Ltd. Nov 1982 Worked at Tokyo Accounting School, a school corporation Oct 1984 Joined Chuo Accounting Office, an audit firm Mar 1988 Registered as Certified Public Accountant Jul 2003 Representative Partner, Chuo Aoyama Audit Corporation Aug 2007 Senior Partner, Shin Nihon LLC Jul 2017 Opened Murayama Certified Public Accountant Office (current) Jun 2018 Outside Director of the Company (current) Jun 2019 Outside Audit & Supervisory Board Member, J-WAVE Inc. (current) Mar 2021 Outside Director, Miyoshi Oil & Fat Co., Ltd. (current)
1954-10-21
Shigeaki ARAI
Director
Apr 1978 Joined Kenkyu Co., Ltd. Mar 1983 Joined Advantest Corporation Jun 2006 General Manager, Production Division, Advantest Manufacturing Corporation Jul 2010 Deputy Manager, Advantest Corporation Jun 2020 Outside Director of the Company (current)
1955-09-20
Atsuko IZUMI
Director
Mar 2013 Joined Aisin AW Co., Ltd. Apr 2013 Registered as attorney-at-law with Aichi Bar Association Jan 2017 Opened Hananomori Law Office Feb 2019 Joined TMI Associates Apr 2020 Joined Holistic Engagement Advisory Co., Ltd. Jan 2021 Joined Shift Inc. May 2022 Director, Chief Legal Officer, Five Vai Inc. Feb 2024 Representative Director, sou Inc. (current) Jun 2024 Outside Director of the Company (current)
1985-02-15
Riichi KOWASE
Full-time Statutory Auditor
Apr 1984 Joined Tokyo Metropolitan Bank, Ltd. Jul 2012 Executive Officer, Kasai Branch Manager, Tokyo Metropolitan Bank, Ltd. Apr 2013 Executive Officer, General Manager, Business Development Department, Tokyo Metropolitan Bank, Ltd. Jun 2014 Executive Officer, General Manager, Business Development Department, Tokyo Metropolitan Bank, Ltd. Jun 2017 Executive Officer, General Manager, Consulting Business Division, Tokyo Metropolitan Bank, Ltd. May 2018 Managing Executive Officer, Kiraboshi Bank, Ltd. Jun 2020 President, Director, Kiraboshi Consulting Co., Ltd. Jun 2023 Chairman, Director, Kiraboshi Consulting Co., Ltd. Apr 2024 Executive Advisor, Kiraboshi Consulting Co., Ltd. (current); Advisor, the Company Jun 2024 Statutory Auditor, Naigai Electronics Co., Ltd. (current); Full-time Statutory Auditor, the Company (current)
1960-05-22
Kenichi ASANO
Statutory Auditor
Apr 1996 Registered as attorney-at-law with Daiichi Tokyo Bar Association; joined Ueno & Takayama Law Office Feb 2001 Statutory Auditor of the Company (current) Jun 2004 Statutory Auditor, Shibaura Electronics Co., Ltd. Oct 2004 Representative, Ueno & Asano Law Office (current) Nov 2004 Director, Hosho Kyokai Credit Collection Co., Ltd. (current) Jun 2011 Statutory Auditor, Piolax, Inc. Jun 2016 Director, Audit and Supervisory Committee Member, Piolax, Inc.
1967-12-11
Hikaru KOMINE
Statutory Auditor
Oct 1999 Joined Chuo Audit Corporation Apr 2004 Registered as Certified Public Accountant Oct 2009 Joined Arata Audit Corporation Sep 2018 Opened Komine Certified Public Accountant Office (current) Jun 2019 Outside Statutory Auditor of the Company (current) Jun 2022 Outside Director, Meiwa Sangyo Co., Ltd. Nov 2022 Representative Director, Lux International Accounting Co., Ltd. (current) Jan 2023 Statutory Auditor, Olive Union Inc. Jun 2023 Outside Director, Audit and Supervisory Committee Member, Meiwa Sangyo Co., Ltd. (current) Oct 2023 Outside Statutory Auditor, Olive Union Inc. Oct 2025 Supervisory Executive Officer, Advance Residence Investment Corporation (current)
1971-10-27
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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