Overview
Chemicals

SAKATA INX CORPORATION

Sakata INX Corporation is a global printing ink manufacturer ranked 3rd worldwide by ink sales, producing and selling a broad portfolio of inks including flexographic, gravure, metal, newspaper, and offset inks across Japan, Asia, the Americas, and Europe. Beyond its core printing ink business, the company develops and sells functional materials such as inkjet inks, toners, color filter pigment dispersions, and functional coating agents targeting display and industrial applications. The company also pursues new business domains including eco-friendly 'Botanical Ink' products (containing 10%+ plant-derived components), thermal management materials, and brand protection solutions, positioning itself as a Visual Communication Technology company.

Market Cap
¥131B
US$837M
EV
¥124B
US$788M
Stock¥2,691▼-0.59%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.4
x
LTM EV/EBIT
7.0
x
LTM PER
10.9
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-5.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
131BUS$837MMarket Cap38.7BUS$247M+ Debt22.1BUS$141M− Cash32.3BUS$206M− Inv. Sec.8.05BUS$51.3M+ NCI124BUS$788MEV
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Performance & Balance
Revenue 5Y (¥B)
181US$1.16B'21/12216US$1.37B'22/12228US$1.46B'23/12246US$1.57B'24/12258US$1.64B'25/12
EBITDA 5Y (¥B)
11.7US$74.7M'21/128.92US$56.9M'22/1216.3US$104M'23/1218.7US$119M'24/1221.3US$136M'25/12
Net Income 5Y (¥B)
4.93US$31.5M'21/124.56US$29.0M'22/127.47US$47.6M'23/129.01US$57.4M'24/1211.6US$74.0M'25/12
Capital Structure
77%
23%
EquityD/E 0.31xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
38.4US$245M17.8US$113M'21/1236.1US$230M27.3US$174M'22/1247.1US$301M25.9US$165M'23/1248.6US$310M36.2US$231M'24/1250.8US$324M33.6US$214M'25/12
Shareholders
Top 10 hold 42.8%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
13.32%
2
Sumitomo Life Insurance Company
7.18%
3
Custody Bank of Japan, Ltd. (Trust Account)
4.94%
4
SAKATA INX CORPORATION Employee Stock Ownership Association
3.22%
5
Kobe Bussan Co., Ltd.
2.90%
6
THE CHASE MANHATTAN BANK,N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd.)
2.59%
7
The Asahi Shimbun Company
2.42%
8
BBH BOSTON FOR NOMURA JAPANSMALLER CAPITALIZATION FUND620065 (Standing Proxy: Mizuho Bank, Ltd.)
2.40%
9
Michio KOBE
2.05%
10
JPMorgan Securities Japan Co., Ltd.
1.81%
Management
12 officers
Yoshiaki UENO
Representative Director, President and Executive Officer
Apr 1985 Joined the Company Jun 2007 General Manager, No. 2 Research Department, R&D Division Oct 2008 General Manager, No. 3 Research Department, R&D Division Jun 2014 Director, General Manager, R&D Division Mar 2018 Executive Officer Mar 2019 Managing Executive Officer Mar 2021 Representative Director (current) President and Executive Officer (current)
1961-12-22
Hiroshi MORITA
Director, Senior Managing Executive Officer; in charge of Information & Media Business, Packaging Business, Functional Materials Business, Sales Management Department and CRM Department; overseeing Sakata Chemtech Co., Ltd., Sakata Lab Station Co., Ltd. and Sakata Brand Solutions Co., Ltd.
Apr 1984 Joined the Company Jun 2006 General Manager, Shikoku Branch Jun 2013 General Manager, Tokyo No. 1 Sales Department, Offset Business Division; concurrently General Manager, Tokyo No. 2 Sales Department Oct 2015 Deputy General Manager, Offset Business Division; concurrently General Manager, Tokyo No. 1 Sales Department and Tokyo No. 2 Sales Department Mar 2016 Officer; Deputy General Manager, Functional Materials Business Division Jul 2016 General Manager, Functional Materials Business Division Mar 2017 Director Mar 2018 Executive Officer Mar 2019 Senior Executive Officer Jan 2022 Managing Executive Officer Mar 2023 Director (current) Jan 2026 Senior Managing Executive Officer (current) Jan 2026 Representative Director, Sakata INX Spin-off Preparation Co., Ltd. (current)
1961-08-07
Minoru TATEIRI
Director, Senior Executive Officer; General Manager, Production Division
Apr 1989 Joined the Company Mar 2009 President, MAOMING SAKATA INX CO., LTD. Feb 2015 General Manager, Production Management Department, Production Technology Division Mar 2020 Executive Officer Mar 2021 General Manager, Production Technology Division Jan 2023 Senior Executive Officer (current); in charge of Environment & Quality Department; General Manager, Production Division (current) Mar 2023 Director (current)
1967-03-02
Takayuki SHIRAFUJI
Director, Executive Officer; in charge of Information Systems Department, Accounting Department and BPR Promotion Office; overseeing overseas business; General Manager, Group Corporate Planning Division
Apr 1994 Joined the Company Jun 2022 General Manager, Planning Department, Group Corporate Planning Division Apr 2023 General Manager, Corporate Planning Department, Group Corporate Planning Division Jan 2025 Executive Officer (current); General Manager, Group Corporate Planning Division (current) Mar 2025 Director (current)
1971-06-01
Hiroyuki YOSHIZAWA
Director, Managing Executive Officer; in charge of Functional Materials Business Division; Chairman, Inkjet Global Sales Committee
Apr 1988 Joined the Company Jul 2016 General Manager, Osaka Sales Department, Functional Materials Business Division Jan 2021 Deputy General Manager, Functional Materials Business Division; concurrently General Manager, No. 2 Sales Department Mar 2021 Executive Officer Jan 2023 General Manager, Functional Materials Business Division Jan 2024 Senior Executive Officer Jan 2026 Managing Executive Officer (current) Mar 2026 Director (scheduled to assume office)
1964-09-15
Yoichi HAMADA
Director, Full-time Audit and Supervisory Committee Member
Apr 1986 Joined the Company Jan 2009 President, TAIWAN SAKATA INX CORP. May 2014 General Manager, General Affairs Department Jun 2015 General Manager, Human Resources Department Mar 2019 Executive Officer Jan 2023 Senior Executive Officer Jun 2023 General Manager, Human Resources Creation Department; concurrently General Manager, Legal Department Jan 2025 Managing Executive Officer Jan 2026 Senior Special Advisor (current) Mar 2026 Director, Full-time Audit and Supervisory Committee Member (scheduled to assume office)
1962-05-27
Yoshio SATO
Director
Apr 1973 Joined Sumitomo Life Insurance Company Jul 2000 Director (Head Office); General Manager, Corporate Business Headquarters, Sumitomo Life Insurance Company Apr 2002 Managing Director; Managing Executive Officer, Sumitomo Life Insurance Company Jul 2007 President and Representative Executive Officer (Representative Director), Sumitomo Life Insurance Company Jul 2011 President and Executive Officer, Sumitomo Life Insurance Company Jul 2013 Chairman, The Life Insurance Association of Japan Apr 2014 Chairman and Representative Director, Sumitomo Life Insurance Company Jun 2014 Outside Audit & Supervisory Board Member, Panasonic Corporation (now Panasonic Holdings Corporation) Jun 2014 Outside Audit & Supervisory Board Member, the Company Jul 2015 Director, Chairman and Representative Executive Officer, Sumitomo Life Insurance Company Jun 2018 Outside Director, Rengo Co., Ltd. (current) Apr 2021 Director, Sumitomo Life Insurance Company Jul 2021 Special Advisor, Sumitomo Life Insurance Company (current) Jun 2022 Outside Director, Toyo Securities Co., Ltd. (current) Mar 2023 Outside Director, the Company (current)
1949-08-25
Yukiko TSUJIMOTO
Director
Apr 1986 Joined Procter & Gamble Far East, Inc. Mar 2006 Director, Procter & Gamble Japan K.K. Apr 2008 Director, P&G K.K. Jun 2012 Director, Procter & Gamble Japan K.K. (resigned) Jul 2012 Communications Director, Public Affairs Division, Procter & Gamble Japan K.K. Apr 2014 Director, P&G K.K. (resigned) Jun 2014 Left Procter & Gamble Japan K.K. Nov 2014 Representative Director, shapes Co., Ltd. (current) Jun 2020 Outside Director, Duskin Co., Ltd. Mar 2022 Outside Director, the Company (current) Apr 2022 Advisor (Personnel Recruitment and Development), City of Kobe
1964-02-10
Kazuko OTSUKI
Director
Oct 1996 Joined Deloitte Touche Tohmatsu (now Deloitte Touche Tohmatsu LLC) May 2000 Registered as Certified Public Accountant Dec 2015 Resigned from Deloitte Touche Tohmatsu Jan 2016 Certified Public Accountant, Imaoka CPA & Tax Accountant Office (current) Sep 2021 Auditor, Osaka Research Institute of Industrial Science and Technology (current) Mar 2023 Outside Director, the Company (current) Jun 2023 Outside Director (Audit and Supervisory Committee Member), Ishihara Chemical Co., Ltd. (current) Jun 2024 Outside Audit & Supervisory Board Member, Joshin Denki Co., Ltd. (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Joshin Denki Co., Ltd. (current)
1972-08-07
Eri NAKATA
Director, Audit and Supervisory Committee Member
Apr 1995 Joined Deloitte Touche Tohmatsu (now Deloitte Touche Tohmatsu LLC) Apr 1998 Registered as Certified Public Accountant Feb 2016 Resigned from Deloitte Touche Tohmatsu Mar 2016 Opened Eri Nakata CPA Office; Certified Public Accountant (current) Jun 2018 Outside Director, Sankyo Kasei Co., Ltd. Jun 2019 Outside Director (Audit and Supervisory Committee Member), Sankyo Kasei Co., Ltd. (current) Mar 2024 Outside Audit & Supervisory Board Member, the Company Mar 2026 Outside Director (Audit and Supervisory Committee Member), the Company (scheduled to assume office)
1973-01-20
Koji KUBOTA
Director, Audit and Supervisory Committee Member
Dec 2010 Registered as Attorney-at-Law (Osaka Bar Association) Jan 2011 Joined Takebayashi, Hata, Nakagawa & Fukushima Law Office Jan 2021 Partner Attorney, Takebayashi, Hata, Nakagawa & Fukushima Law Office (current) Mar 2023 Substitute Outside Audit & Supervisory Board Member, the Company Mar 2026 Outside Director (Audit and Supervisory Committee Member), the Company (scheduled to assume office)
1983-09-26
Yuka KATSUKI
Director, Audit and Supervisory Committee Member
Jul 1989 Joined CS First Boston Securities (Investment Banking Division) Jul 1998 Joined Deutsche Securities Inc. (Capital Markets Division) Feb 2002 Joined HSBC Securities (Japan) Ltd. (Private Equity Division) Jul 2007 Managing Director, Polaris Principal Finance Ltd. (now Polaris Capital Group Co., Ltd.) Dec 2016 Managing Director, New Horizon Capital Ltd.; Registered as Attorney-at-Law Oct 2019 General Manager, Planning & Administration Department, Mizuho Securities Principal Investment Co., Ltd. Dec 2021 General Manager, Strategic Investment Department; concurrently General Manager, Planning & Administration Department, Mizuho Securities Principal Investment Co., Ltd. Jan 2023 Outside Director (Audit and Supervisory Committee Member), Gift Holdings, Inc. (current) Dec 2023 Outside Director, Crowdworks, Inc. CSO and Legal Advisor, Polaris Capital Group Co., Ltd. (current) Mar 2025 Outside Director (Audit and Supervisory Committee Member), ACSL Ltd. (current) Mar 2026 Outside Director (Audit and Supervisory Committee Member), the Company (scheduled to assume office)
1966-06-30
Large Shareholding Reports
T. Rowe Price Japan, Inc.
2026-07-23
6.79%→6.79%
T. Rowe Price Japan, Inc.
2026-06-22
7.11%→6.79%
Sumitomo Life Insurance Company
2026-06-05
5.62%→7.02%
Annual report (as of 2026-06-30): 7.18%
Nomura Asset Management Co., Ltd.
2026-02-06
5.25%→5.55%
T. Rowe Price Japan, Inc.
2026-01-22
7.32%→7.11%
T. Rowe Price Japan, Inc.
2026-01-09
8.17%→7.32%
Nomura Asset Management Co., Ltd.
2025-12-18
5.61%→5.25%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-07
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
TDnet
2026-05-11
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-23
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2026-02-06
Large Shareholding Report
EDINET
2026-01-22
Large Shareholding Report
EDINET
2026-01-09
Large Shareholding Report
EDINET
2025-12-18
Large Shareholding Report
TDnet
2025-11-17
Q3 Earnings Flash
FY ending Dec 2025
TDnet
2025-11-07
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-07
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-08
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-11-11
Securities Registration Statement
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Jun 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-27
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-29
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
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