Overview
Information & Communication

Systems Engineering Consultants Co.,LTD.

SEC Co., Ltd. is a specialized real-time software company that develops and provides real-time software and solutions across four business fields: Social Infrastructure Systems (intelligent transportation, defense, medical, and public sector systems), Space & Advanced Systems (embedded software for scientific satellites and planetary probes, space robotics, and autonomous vehicle research), Mobile Networks (cashless payment terminals, smart construction systems, and XR edge devices), and Internet (IoT systems, non-contact IC embedded software, and cloud systems). The company serves a diverse client base including mobile carriers, electronics and automotive manufacturers, heavy industry, research institutions, and government agencies. Its proprietary products include the indoor autonomous mobile robot software 'Rtino,' computer vision software 'Rtrilo,' and collaborative robot package 'RTakt,' with growing capabilities in space exploration and AI-driven edge computing.

Market Cap
¥30.7B
US$196M
EV
¥23.6B
US$150M
Stock¥3,005▲+0.64%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
11.3
x
LTM EV/EBIT
11.6
x
LTM PER
18.7
x
LTM PBR
3.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-2.7%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
30.7BUS$196MMarket Cap0.12BUS$0.77M+ Debt6.11BUS$39.0M− Cash1.10BUS$7.01M− Inv. Sec.23.6BUS$150MEV
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Performance & Balance
Revenue 5Y (¥B)
6.56US$41.8M'22/37.49US$47.8M'23/38.53US$54.4M'24/310.3US$65.7M'25/311.2US$71.6M'26/3
EBITDA 5Y (¥B)
1.09US$6.95M'22/31.25US$7.98M'23/31.50US$9.59M'24/31.84US$11.7M'25/31.94US$12.4M'26/3
Net Income 5Y (¥B)
0.78US$4.97M'22/30.88US$5.60M'23/31.11US$7.05M'24/31.34US$8.57M'25/31.51US$9.62M'26/3
Capital Structure
99%
EquityD/E 0.01xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
4.04US$25.8M0.04US$0.23M'22/34.08US$26.0M0.04US$0.23M'23/34.12US$26.3M0.04US$0.23M'24/33.41US$21.8M0.04US$0.23M'25/34.42US$28.2M0.04US$0.23M'26/3
Shareholders
Top 10 hold 52.2%
1
Yano Shokai Ltd.
27.20%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
6.93%
3
Systems Engineering Consultants Co.,LTD. Employee Stock Ownership Association
4.91%
4
Kyoichi YANO
3.48%
5
Chikaishi Shokai Ltd.
2.95%
6
Custody Bank of Japan, Ltd. (Trust Account)
1.69%
7
Kobaya Shoji Ltd.
1.46%
8
Norimitsu KOBAYA
1.31%
9
Koichiro KOBAYA
1.31%
10
Yukihiro CHIKAISHI
0.99%
Management
6 officers
Shintaro SAKURAI
Representative Director, President
Apr 1983 Joined the Company Apr 1999 Manager in charge, Second Development Department Apr 2001 Manager in charge, Internet Business Field, SI Division Apr 2006 Deputy General Manager, Development Division; General Manager, Product Business Promotion Department; General Manager, Research and Planning Office Jun 2006 Senior Executive Officer Apr 2012 Deputy General Manager, Development Division; General Manager, Fifth Development Department; General Manager, Research and Planning Office Apr 2016 General Manager, Development Division Jun 2016 Director Apr 2019 Representative Director, President (current) Dec 2022 President, AMSEC, INC. (current) Principal concurrent position: President, AMSEC, INC.
1958-03-24
Toshiaki SUGIYAMA
Director, General Manager, Administration Division
Mar 2008 Joined the Company Oct 2016 General Manager, Accounting Department, Administration Division Jul 2018 Executive Officer Jun 2019 Director, General Manager, Administration Division (current)
1971-04-17
Kunihiro NISHIMURA
Director
Apr 2003 Research Fellow (DC1), Japan Society for the Promotion of Science Apr 2006 Industry-Academia-Government Collaboration Researcher (Project Assistant Professor), Research Center for Advanced Science and Technology, The University of Tokyo Apr 2007 Assistant Professor, Graduate School of Information Science and Technology, The University of Tokyo Apr 2011 Visiting Researcher, Research Center for Advanced Science and Technology, The University of Tokyo; Founded Tenku Co., Ltd. and became its Representative Director, President (current) Apr 2013 Visiting Researcher, Graduate School of Information Science and Technology, The University of Tokyo Oct 2014 Founded Medical Data Card Co., Ltd. and became its Representative Director, President Jun 2017 Outside Director (Audit and Supervisory Committee Member), the Company Apr 2021 Director and CTO, Medical Data Card Co., Ltd. Jun 2025 Outside Director, the Company (current) Principal concurrent position: Representative Director, President, Tenku Co., Ltd.
1978-12-04
Shunji SAKAI
Director (Audit and Supervisory Committee Member)
Apr 1976 Joined the Company Oct 1993 General Manager, Technology Research Department Jun 1998 Executive Officer Apr 1999 General Manager, Second Development Department Apr 2001 General Manager, SI Division Jun 2002 Director Jul 2005 General Manager, Development Division Jun 2006 Director and Vice President Apr 2016 General Manager, Administration Division Apr 2019 Director Jun 2019 Director (Audit and Supervisory Committee Member) (current)
1952-07-08
Tsutomu SAKAIDA
Outside Director (Audit and Supervisory Committee Member)
Dec 2007 Registered as attorney-at-law; joined Sagami Sogo Law Office Oct 2012 Established Shizuoka Higashi Law Office; Representative Attorney (current) Apr 2015 Professor, Law School, Shizuoka University Apr 2017 Outside Director, Seiko Sangyo Co., Ltd. (current) Jan 2025 Established Tsutomu Sakaida Tax Accountant Office; Representative Tax Accountant (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), the Company (current) Principal concurrent positions: Representative Attorney, Shizuoka Higashi Law Office; Outside Director, Seiko Sangyo Co., Ltd.
1975-11-13
Reiko KAMIOKA
Outside Director (Audit and Supervisory Committee Member)
Apr 1997 Researcher, Human Interface Laboratories, Nippon Telegraph and Telephone Corporation (now NTT, Inc.) Aug 1999 Cooperative Researcher, Research Center for Advanced Science and Technology, The University of Tokyo (Visiting Researcher from Oct 2003) Apr 2005 Project Research Assistant, Intelligent Modeling Laboratory, The University of Tokyo (Project Assistant Professor from Apr 2007) Jun 2010 Special Researcher, Service Engineering Research Center, National Institute of Advanced Industrial Science and Technology Apr 2012 Associate Professor, Faculty of Design, Kyushu University Apr 2020 Part-time Researcher, Faculty of Science and Engineering, Waseda University Jun 2021 Founded zeroinon Inc. and became its Representative Director, President Apr 2025 Director, zeroinon Inc. (current); Professor, Katayanagi Research Institute, Tokyo University of Technology (current); Visiting Professor, Toyama Prefectural University (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), the Company (current) Principal concurrent positions: Director, zeroinon Inc.; Professor, Katayanagi Research Institute, Tokyo University of Technology
1970-07-13
Large Shareholding Reports
Asset Management One Co., Ltd.
2026-04-07
5.01%→3.71%
Asset Management One Co., Ltd.
2025-09-22
5.01%
Asset Management One Co., Ltd.
2025-08-07
5.13%→4.09%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-07
Large Shareholding Report
TDnet
2026-02-09
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
EDINET
2025-09-22
Large Shareholding Report
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-08-07
Large Shareholding Report
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
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
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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