Overview
Services

Altech Corporation

Alps Giken Co., Ltd. is a leading Japanese technical staffing and outsourcing company that deploys approximately 5,000 highly skilled engineers across mechanical, electrical, and information processing design disciplines on a nationwide basis. The company also provides contract manufacturing services spanning prototyping through product development and production via its domestic development bases and proprietary factories. Beyond core engineering staffing, the company operates global business (plant/machinery design, installation, and maintenance), agricultural staffing, and elderly care services through group subsidiaries.

Market Cap
¥53.1B
US$338M
EV
¥37.8B
US$241M
Stock¥901▲+0.22%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.0
x
LTM EV/EBIT
7.3
x
LTM PER
14.0
x
LTM PBR
2.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-21.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
53.1BUS$338MMarket Cap0.21BUS$1.32M+ Debt14.1BUS$90.0M− Cash1.40BUS$8.92M− Inv. Sec.0.06BUS$0.35M+ NCI37.8BUS$241MEV
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Performance & Balance
Revenue 5Y (¥B)
39.3US$250M'21/1243.6US$278M'22/1246.2US$295M'23/1249.9US$318M'24/1252.6US$336M'25/12
EBITDA 5Y (¥B)
4.07US$25.9M'21/124.85US$30.9M'22/125.24US$33.4M'23/125.37US$34.2M'24/125.62US$35.9M'25/12
Net Income 5Y (¥B)
3.10US$19.7M'21/123.42US$21.8M'22/123.70US$23.6M'23/123.68US$23.5M'24/123.98US$25.4M'25/12
Capital Structure
99%
EquityD/E 0.01xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
11.1US$70.9M0.89US$5.70M'21/1211.7US$74.9M0.32US$2.04M'22/1212.5US$79.4M0.25US$1.56M'23/1214.3US$91.2M0.22US$1.41M'24/1215.4US$97.9M0.21US$1.34M'25/12
Shareholders
Top 10 hold 40.0%
1
Altech Corporation Employee Stock Ownership Association
11.15%
2
The Master Trust Bank of Japan, Ltd. (Other Trust Account)
6.25%
3
Custody Bank of Japan, Ltd. (Investment Trust Account)
4.54%
4
Tokachi Foundation
3.81%
5
The Master Trust Bank of Japan, Ltd. (Investment Trust Account)
3.53%
6
The Bank of Yokohama, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
2.95%
7
The Toho Bank,Ltd. (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
2.40%
8
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
2.22%
9
STATE STREET BANK AND TRUST COMPANY 505044 (Standing Proxy: Mizuho Bank, Ltd.)
1.67%
10
THE NOMURA TRUST AND BANKING CO.,LTD.AS THE TRUSTEE OF REPURCHASE AGREEMENT MOTHER FUND (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.52%
Management
11 officers
Nobuyuki WATANABE
Representative Director, Chairman
Apr 2013 General Manager, Jiyugaoka Corporate Sales Department, Sumitomo Mitsui Banking Corporation May 2015 Joined the Company Sep 2016 Executive Officer, General Manager of Corporate Planning Department Mar 2017 Director, General Manager of Corporate Planning Department Mar 2018 Managing Director, General Manager of Human Resources Department Sep 2019 Managing Director Sep 2020 Managing Director, General Manager of Corporate Planning Department Mar 2021 Senior Managing Director, General Manager of Corporate Planning Department Jul 2022 Vice President Director, General Manager of Corporate Planning Department Mar 2024 Vice President Director Sep 2024 Chairman of the Board Director Mar 2025 Representative Director, Chairman (current)
1963-05-17
Yasushi SUDO
Representative Director, President
Jul 2001 Representative Director, President, Digital Spice Co., Ltd. Jul 2020 Joined the Company; Executive Officer Mar 2021 Director Mar 2023 Representative Director, President, DONKEY Co., Ltd. (current) Sep 2024 Managing Director Mar 2025 Representative Director, President (current)
1962-12-11
Kiyokazu MATSUMOTO
Managing Director, General Manager of Human Resources Department
May 2018 Manager, Takadanobaba Branch, MUFG Bank, Ltd. May 2021 Joined the Company Jul 2021 Deputy General Manager, Sales Promotion Department Sep 2022 General Manager, Central Japan Business Division Mar 2023 Executive Officer, General Manager of Central Japan Business Division Mar 2024 Executive Officer, General Manager of Human Resources Department Mar 2025 Director, General Manager of Human Resources Department Jan 2026 Managing Director, General Manager of Human Resources Department (current)
1967-11-06
Hideyuki OTA
Director
Apr 1995 Joined the Company Jan 2010 General Manager of Human Resources Department Mar 2012 General Manager of General Affairs Department Mar 2014 Executive Officer, General Manager of General Affairs Department Jul 2014 Executive Officer, General Manager of Human Resources Department Jan 2015 Executive Officer, General Manager of South Kanto Business Division Mar 2021 General Manager of Human Resources Department Mar 2022 Executive Officer, General Manager of Human Resources Department Mar 2024 Executive Officer, General Manager of General Affairs Department Sep 2024 Executive Officer; Representative Director, President, Alps Care Heart Co., Ltd. (current) Mar 2025 Director (current)
1972-11-19
Tatsushi SHIMIZU
Director
Feb 1990 Joined the Company Jul 2015 Deputy General Manager, North Kanto Business Division Mar 2017 General Manager of Sales Promotion Department Oct 2018 Executive Officer, General Manager of Sales Promotion Department Mar 2022 Executive Officer, General Manager of General Affairs Department Apr 2024 Executive Officer; Representative Director, President, Alps Business Service Co., Ltd. Mar 2026 Director (current)
1969-03-01
Makoto MAKINO
Full-time Audit & Supervisory Board Member
Dec 2009 Senior Investigator, General Affairs Department, Mitsubishi Tokyo UFJ Bank, Ltd. (now MUFG Bank, Ltd.) Jan 2010 Joined the Company; Manager in charge, Sales Division Mar 2010 General Manager, North Japan Business Division Mar 2011 Executive Officer, General Manager of North Japan Business Division Aug 2012 Executive Officer, General Manager of Human Resources Department Mar 2014 Executive Officer, General Manager of South Kanto Business Division Jan 2015 Executive Officer, General Manager of West Japan Business Division Oct 2015 Executive Officer, General Manager of Accounting Department Mar 2020 General Manager of Accounting Department Mar 2023 Accounting Department Mar 2024 Full-time Audit & Supervisory Board Member (current)
1956-04-20
Eigo NOSAKA
Director
Dec 1999 Representative Director, President, Treasure Factory Co., Ltd. (current) Mar 2016 Outside Director of the Company (current)
1972-05-06
Masatoshi GO
Director
Oct 2000 Representative Director, President, TSUNAMI Network Partners Inc. (now TNP Partners Inc.) (current) Nov 2013 Chairman, Director, TNP On the Road Inc. Jul 2016 Representative Director, President, TNP Threads of Light Inc. (current) May 2017 Audit & Supervisory Board Member, MM Research Institute Co., Ltd. (current) Mar 2018 Outside Director of the Company (current) Nov 2023 Representative Director, President, TNP On the Road Inc. (current)
1959-07-28
Takako SHIJO
Director
Sep 1986 Started writing activities (ongoing) Mar 2024 Outside Director of the Company (current)
1959-10-30
Hiroshi KAYA
Audit & Supervisory Board Member
Oct 1992 Joined Ohta Showa & Co. (now Ernst & Young ShinNihon LLC) May 2012 Senior Partner, Ohta Showa & Co. Jun 2016 Left Ohta Showa & Co. Jul 2016 Representative Director, President, Daimaru Koki Co., Ltd. (current) Aug 2016 Representative, Hiroshi Kaya Certified Public Accountant Office (current) Mar 2017 Substitute Audit & Supervisory Board Member of the Company Mar 2018 Outside Audit & Supervisory Board Member of the Company (current) Jun 2022 Director, Audit and Supervisory Committee Member, Ryoyu Systems Co., Ltd. (current)
1961-02-09
Takeshi HARA
Audit & Supervisory Board Member
Aug 2015 Registered as Certified Tax Accountant Jan 2018 Opened Takeshi Hara Tax Accountant Office (ongoing) Sep 2021 Opened Takeshi Hara Administrative Scrivener Office (ongoing) Mar 2026 Outside Audit & Supervisory Board Member of the Company (current)
1968-12-30
Large Shareholding Reports
Fidelity Management & Research Company LLC
2026-07-23
4.92%→4.92%
Fidelity Management & Research Company LLC
2026-07-07
4.95%→4.92%
FIAM LLC
2026-06-18
3.51%→4.08%
Fidelity Management & Research Company LLC
2026-06-18
4.72%→4.79%
Fidelity Management & Research Company LLC
2026-06-18
3.81%→4.72%
FMR LLC
2026-06-18
—
FMR LLC
2026-06-18
—
FMR LLC
2026-06-18
—
FMR LLC
2026-06-18
—
FMR LLC
2026-06-18
—
Fidelity Management & Research Company LLC
2026-06-18
4.79%→4.95%
FIAM LLC
2026-06-18
3.51%→3.51%
FIAM LLC
2026-06-11
2.75%→3.51%
FMR LLC
2026-06-11
—
Fidelity Management & Research Company LLC
2026-06-10
3.19%→3.15%
FMR LLC
2026-06-10
—
Fidelity Management & Research Company LLC
2026-06-08
3.19%
FMR LLC
2026-06-08
—
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-06
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-07-07
Large Shareholding Report
EDINET
2026-06-18
Large Shareholding Report
EDINET
2026-06-18
Large Shareholding Report
EDINETAmended
2026-06-18
Change Report
EDINETAmended
2026-06-18
Change Report
EDINETAmended
2026-06-18
Change Report
EDINET
2026-06-18
Large Shareholding Report
EDINETAmended
2026-06-18
Change Report
EDINETAmended
2026-06-18
Change Report
EDINET
2026-06-18
Large Shareholding Report
EDINET
2026-06-18
Large Shareholding Report
EDINETAmended
2026-06-11
Change Report
EDINET
2026-06-11
Large Shareholding Report
EDINETAmended
2026-06-10
Change Report
EDINET
2026-06-10
Large Shareholding Report
EDINETAmended
2026-06-08
Change Report
EDINET
2026-06-08
Large Shareholding Report
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-25
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-11
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-07
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-12
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINETAmended
2025-03-03
Amended Annual Securities Report
Period: Jan 2019 – Dec 2019
EDINETAmended
2025-03-03
Amended Annual Securities Report
Period: Jan 2021 – Dec 2021
EDINETAmended
2025-03-03
Amended Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINETAmended
2025-03-03
Amended Annual Securities Report
Period: Jan 2022 – Dec 2022
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