Overview
Chemicals

Ultrafabrics Holdings Co.,Ltd.

Ultrafabrics Holdings operates a vertically integrated polyurethane leather business, with manufacturing conducted by its Japanese subsidiary Daiichi Kasei Co., Ltd. and primary sales through its U.S. subsidiary Ultrafabrics Inc. The company serves diversified end markets including high-end office and contract furniture (27.9% of revenue), automotive interiors (41.3%), business and commercial aviation interiors (15.6%), and other applications such as golf gloves, apparel, and marine/RV interiors. Its products are particularly recognized in North American premium furniture and private jet interior segments.

Market Cap
¥10.4B
US$66.0M
EV
¥23.5B
US$150M
Stock¥642▼-0.62%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
6.8
x
LTM EV/EBIT
14.7
x
LTM PER
12.7
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-40.3%pt
100
Oct 23, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
10.4BUS$66.0MMarket Cap16.3BUS$104M+ Debt3.16BUS$20.1M− Cash0.00BUS$0.00M− Inv. Sec.23.5BUS$150MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
14.1US$90.0M'21/1219.6US$125M'22/1221.0US$134M'23/1220.3US$129M'24/1220.6US$131M'25/12
EBITDA 5Y (¥B)
2.87US$18.2M'21/124.73US$30.1M'22/125.14US$32.8M'23/124.40US$28.0M'24/123.34US$21.3M'25/12
Net Income 5Y (¥B)
0.99US$6.28M'21/122.05US$13.1M'22/122.38US$15.1M'23/121.64US$10.4M'24/120.79US$5.00M'25/12
Capital Structure
52%
48%
EquityD/E 0.92xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.52US$22.4M8.62US$54.9M'21/124.07US$25.9M14.7US$93.6M'22/123.63US$23.1M13.0US$82.9M'23/122.72US$17.3M16.9US$107M'24/122.26US$14.4M16.0US$102M'25/12
Shareholders
Top 10 hold 47.8%
1
Tokyo Small and Medium Business Investment & Consultation Co., Ltd.
12.66%
2
Clay Andrew Rosenberg
7.86%
3
Barbara Danielle Boecker-Primack
5.23%
4
Daisuke GOMI
4.45%
5
Mizuho Bank, Ltd.
3.15%
6
Resona Bank, Limited
3.15%
7
Kiraboshi Bank, Ltd.
3.15%
8
Dainichiseika Color & Chemicals Mfg.Co.,Ltd.
3.14%
9
Shiraishi Calcium Co., Ltd.
2.75%
10
Noboru YOSHIMURA
2.29%
Management
9 officers
Noboru YOSHIMURA
Representative Director, President
Apr 1999 Joined Merrill Lynch Japan Securities Co., Ltd. (now BofA Securities Japan Co., Ltd.) Jan 2009 Joined Recof Co., Ltd. May 2011 Joined Kureha Battery Materials Japan Co., Ltd. Apr 2016 Joined the Company; General Manager, President's Office Jul 2016 Deputy General Manager, Sales Division and General Manager, President's Office, the Company May 2017 Representative Director, President, Ultrafabrics Japan Co., Ltd. Jun 2017 Director, General Manager, President's Office and Sales Division, the Company; Director, Ultrafabrics Inc. (current) Oct 2017 Director, General Manager, Corporate Planning and Finance Division, the Company; Director, General Manager, President's Office and Sales Division, Daiichi Kasei Co., Ltd. Jan 2018 Director, General Manager, Administration Division, the Company; Director, General Manager, Operations Division, Daiichi Kasei Co., Ltd. Mar 2018 Representative Director, President, the Company (current); Director, Daiichi Kasei Co., Ltd. (current)
1962-04-20
Toyohiko NAKAGAWA
Director
Apr 1983 Joined the Company Apr 1999 Manufacturing Technology Section Manager, Production Department, Saitama Plant, the Company Apr 2004 Deputy Plant Manager and Manufacturing Technology Section Manager, Saitama Plant, the Company May 2014 Audit & Supervisory Board Member, D.S.C. Co., Ltd. Jun 2014 Director, Plant Manager, Saitama Plant, the Company Jun 2016 Managing Director, Plant Manager, Saitama Plant, the Company Jun 2017 Managing Director, General Manager, Technology Division, the Company Oct 2017 Director, the Company (current); Director, General Manager, Technology Division, Daiichi Kasei Co., Ltd. Jan 2018 Representative Director, President, Daiichi Kasei Co., Ltd. Mar 2025 Representative Director, Chairman, Daiichi Kasei Co., Ltd. (current)
1959-04-21
Clay Andrew ROSENBERG
Director
Jun 1980 Joined Gallo Wines Sep 1984 Joined Spring Industries Jan 1999 Founded Ultrafabrics, LLC (now Ultrafabrics Inc.); CEO (current) Sep 2006 Director, Ultrafabrics Japan Co., Ltd. Jul 2007 Director, Ultrafabrics Europe Ltd. (current) Oct 2017 Director, the Company (current)
1958-04-04
Barbara Daniel BECKER-PRIMACK
Director
Jul 1989 Joined Saks Fifth Avenue Apr 1992 Joined Spring Industries Jan 1999 Founded Ultrafabrics, LLC (now Ultrafabrics Inc.); President (current) Sep 2006 Director, Ultrafabrics Japan Co., Ltd. Jul 2007 Director, Ultrafabrics Europe Ltd. (current) Oct 2017 Director, the Company (current)
1967-08-15
Shinji OJO
Representative Director, President
Dec 1984 Joined the Company Apr 2007 Deputy General Manager, Saitama Plant, and Inspection Section Manager, the Company Jun 2017 Director, Deputy General Manager, Saitama Plant, and General Manager, Quality Assurance Department, the Company Oct 2017 Director, Deputy General Manager, Manufacturing Division, and General Manager, Quality Assurance Department, Daiichi Kasei Co., Ltd. Mar 2019 Managing Director, General Manager, Manufacturing Division and Quality Assurance Department, Daiichi Kasei Co., Ltd. Jul 2020 Managing Director, General Manager, Manufacturing Division, Daiichi Kasei Co., Ltd. Mar 2023 Senior Managing Director, General Manager, Manufacturing Division, Daiichi Kasei Co., Ltd.; Director, the Company Mar 2025 Representative Director, President, Daiichi Kasei Co., Ltd. (current); Director, the Company (current)
1963-06-24
Mika TAKANO
Director
Apr 1993 Joined Nippon Life Insurance Company Nov 1997 Joined Daiwa Investment Management Co., Ltd. (now Sumitomo Mitsui DS Asset Management Company, Limited) Nov 2000 Joined Tokio Marine Asset Management Co., Ltd. (now Tokio Marine Asset Management Company, Limited) Aug 2013 Joined Point Inc. (now &ST HD Inc.) Apr 2020 Joined the Company; General Manager, Corporate Planning Department (current) Mar 2021 Chief Sustainability Officer, the Company (current) Mar 2023 Director, the Company (current)
1970-09-15
Hideki ISETANI
Director, Audit and Supervisory Committee Member
Apr 1979 Joined Toyota Motor Co., Ltd. (now Toyota Motor Corporation) May 1996 Joined General Motors Corporation headquarters; Executive Director Jul 2003 Senior Executive, Global Engineering, General Motors Corporation headquarters Jun 2008 Joined Sanden Corporation; Director, Managing Executive Officer Sep 2010 Joined Volvo Trucks; Executive Officer, UD Trucks Vehicle Development Jan 2013 Representative Director, Volvo Technology Japan K.K. Jun 2014 Joined Ichikoh Industries, Ltd.; Director, Senior Managing Executive Officer Nov 2016 Representative, Means Japan LLC Mar 2023 Director, Audit and Supervisory Committee Member, the Company (current)
1955-12-24
Tadashi TAKASUGI
Director, Audit and Supervisory Committee Member
Apr 1981 Joined Mitsubishi Corporation Apr 2013 Houston Branch Manager, Mitsubishi Corporation Americas, and Houston Branch Manager, Mitsubishi Corporation (U.S.A.) Jun 2018 Director, Senior Executive Vice President, Mitsubishi Corporation Chemicals Co., Ltd. Jun 2019 Representative Director, President, Mitsubishi Corporation Chemicals Co., Ltd. Dec 2022 Outside Director, Tohoku Chemical Industries Co., Ltd. (current) Mar 2026 Director, Audit and Supervisory Committee Member, the Company
1958-05-10
Yuri TANABE
Director, Audit and Supervisory Committee Member
Sep 1992 Joined Ernst & Young Sep 1994 Joined Price Waterhouse (now PwC) May 2010 Joined Mitsubishi UFJ Lease & Finance U.S.A., Inc. Aug 2013 Joined Weastec, Inc. Jul 2020 Joined Toyo Denso Co., Ltd. Jun 2021 Audit & Supervisory Board Member, Toyo Denso Co., Ltd. Jun 2024 Director, Toyo Denso Co., Ltd. Mar 2026 Director, Audit and Supervisory Committee Member, the Company
1966-06-20
Large Shareholding Reports
Clay Andrew Rosenberg
2026-05-26
8.17%→11.51%
Barbara Danielle Boecker Primack
2026-05-26
5.74%→7.08%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Jun 2026
TDnet
2026-08-14
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-05-26
Large Shareholding Report
EDINET
2026-05-26
Large Shareholding Report
TDnet
2026-05-15
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Jun 2025
TDnet
2025-05-15
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Jun 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-27
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-28
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-25
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINETAmended
2021-11-11
Amended Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-17
Quarterly Securities Report
EDINET
2021-03-26
Annual Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →