Overview
Services

Kawasaki Geological Engineering Co.,Ltd.

Kawasaki Geological Engineering is a specialized geological and geotechnical survey company providing ground investigation, soil testing, marine and oceanographic surveys, disaster prevention and mitigation assessments, infrastructure maintenance diagnostics, and engineering analysis and design services. The company serves public-sector clients in construction, infrastructure, and energy projects across Japan, with growing expertise in offshore wind power site investigation and overseas geological survey operations. Its competitive strengths lie in deep technical expertise in geoscience, a broad national office network, and proprietary investigation technologies including subsea exploration systems.

Market Cap
¥3.40B
US$21.7M
EV
¥1.77B
US$11.3M
Stock¥3,880▼-4.20%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
1.5
x
LTM EV/EBIT
1.8
x
LTM PER
4.8
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-50.0%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jan 16, 26New activist investor entry
2Mar 25, 26Major infrastructure contract win
3Oct 14, 26Q3 FY2026/11 earnings announced
MC → EV Bridge
3.40BUS$21.7MMarket Cap0.85BUS$5.43M+ Debt1.79BUS$11.4M− Cash0.68BUS$4.34M− Inv. Sec.1.77BUS$11.3MEV
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Performance & Balance
Revenue 5Y (¥B)
8.76US$55.8M'21/119.38US$59.8M'22/119.29US$59.3M'23/119.56US$61.0M'24/1112.7US$81.0M'25/11
EBITDA 5Y (¥B)
0.68US$4.31M'21/110.72US$4.59M'22/110.31US$1.98M'23/110.63US$4.01M'24/110.85US$5.44M'25/11
Net Income 5Y (¥B)
0.34US$2.19M'21/110.33US$2.10M'22/110.16US$1.00M'23/110.35US$2.25M'24/110.62US$3.95M'25/11
Capital Structure
87%
EquityD/E 0.15xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.48US$9.42M2.29US$14.6M'21/111.25US$7.99M2.45US$15.6M'22/112.39US$15.2M3.40US$21.7M'23/112.45US$15.6M2.90US$18.5M'24/111.77US$11.3M3.61US$23.0M'25/11
Shareholders
Top 10 hold 37.3%
1
Custody Bank of Japan, Ltd. (Trust Account E)
7.25%
2
Kenji MIKI
5.36%
3
Mizuho Bank, Ltd.
4.77%
4
Sumitomo Mitsui Banking Corporation
3.71%
5
Nippon Life Insurance Company
3.62%
6
Meiji Yasuda Life Insurance Company
2.71%
7
Kawasaki Geological Engineering Co.,Ltd. Employee Stock Ownership Association
2.69%
8
Takatsugu TOMODA
2.64%
9
Tadashi NAITO
2.61%
10
Ueda Yagi Tanshi Co., Ltd.
1.94%
Management
10 officers
Yasuhiro TOCHIMOTO
Representative Director, President and General Manager, Administration and Management Division
Apr 1983 Joined the Company Apr 2007 General Manager, Technical Department, West Japan Branch Apr 2011 Senior Engineer, West Japan Branch Apr 2015 Officer; General Manager, Technology Planning Department, Strategic Planning Division Feb 2017 Executive Officer; General Manager, West Japan Business Division and Branch Manager, West Japan Branch Feb 2018 Director and Executive Officer; General Manager, Strategic Planning Division Feb 2020 Representative Director, President (current) Feb 2023 General Manager, Administration and Management Division (current)
1961-02-09
Shiro OTA
Representative Director, Senior Managing Executive Officer, General Manager, Planning and Technology Division
Apr 1996 Joined the Company Sep 2008 General Manager, Technical Department, North Japan Branch Mar 2011 Officer; General Manager, Technical Department, North Japan Branch Dec 2011 Officer; General Manager, Technology Development Department, North Japan Branch Feb 2013 Director and Executive Officer; Branch Manager, North Japan Branch Feb 2021 Director, Managing Executive Officer Dec 2022 Outside Director, Union Consultant Co., Ltd. (current) Feb 2023 Representative Director, Senior Managing Executive Officer (current)
1973-07-10
Satoshi WAKASA
Director, Managing Executive Officer, in charge of West Japan Region; General Manager, Design Management Office, Planning and Technology Division
Nov 1991 Joined Pacific Consultants Co., Ltd. Oct 2014 General Manager, National Land Conservation Business Division, Pacific Consultants Co., Ltd. Oct 2016 General Manager, Business Management Division, Pacific Consultants Co., Ltd. Dec 2016 Director and General Manager, Business Management Division, Pacific Consultants Co., Ltd. Dec 2017 Director and General Manager, General Affairs Department, Pacific Consultants Group Co., Ltd. Mar 2019 Advisor, S Service Co., Ltd. Jan 2021 Joined the Company; Technical Advisor Feb 2025 Director, Managing Executive Officer (current)
1959-04-21
Taiji HAMADA
Director, Executive Officer, General Manager, Audit Division
Apr 1994 Joined the Company Apr 2014 General Manager, Ground Department, Business Division Feb 2020 General Manager, Metropolitan Business Division Mar 2020 Officer; General Manager, Metropolitan Business Division Feb 2021 Executive Officer; General Manager, Metropolitan Business Division Apr 2021 Executive Officer; Branch Manager, Kanto Branch Feb 2023 Director and Executive Officer; Branch Manager, Kanto Branch Feb 2025 Director and Executive Officer; General Manager, Audit Division (current)
1969-09-02
Makoto NUMAKUNAI
Director, Executive Officer, Deputy General Manager, Planning and Technology Division
Apr 1994 Joined the Company Apr 2009 Branch Manager, Hokkaido Branch Feb 2013 Officer; Branch Manager, Hokkaido Branch Jun 2013 Officer; General Manager, Sales Planning Department, Head Office Sales Division Apr 2021 Officer; General Manager, Business Promotion Department, Business Planning Division Feb 2022 Executive Officer; Deputy General Manager, Planning and Technology Division Feb 2023 Director and Executive Officer; Deputy General Manager, Planning and Technology Division (current)
1969-09-12
Motoki KAZAMA
Director, in charge of Technology, Quality Control and Technology Development
Apr 1981 Joined Ministry of Transport (now Ministry of Land, Infrastructure, Transport and Tourism) Mar 1994 Associate Professor, Department of Civil Engineering, Faculty of Engineering, Tohoku University Aug 2000 Professor, Department of Civil Engineering, Graduate School of Engineering, Tohoku University Apr 2024 Joined the Company; Technical Advisor Feb 2025 Director (current)
1959-02-07
Maki WAKABAYASHI
Director
Oct 2004 Registered as attorney-at-law; joined Takai Nobuo Law Office (now Takai & Okazeri Law Office) Sep 2009 Partner Attorney, Tsukiji Yonchome Law Office (current) Feb 2025 Director (current)
1975-07-06
Yuichi DOSHI
Director (Full-time Audit and Supervisory Committee Member)
Apr 1984 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) May 1994 Senior Investigator, International Planning Division, Fuji Bank, Ltd.; seconded to Fuji Bank Trust Company (New York) Jul 2004 Branch Manager, Asaka Branch, Mizuho Bank, Ltd. May 2007 Branch Manager, Hakodate Branch, Mizuho Bank, Ltd. Nov 2012 Manager, Human Resources Development Office, Group Human Resources Department, Mizuho Financial Group Dec 2013 Joined the Company; Officer; General Manager, Finance and Stock Department, Administration and Management Division Feb 2015 Executive Officer; General Manager, Finance and Stock Department, Administration and Management Division Feb 2017 Director and Executive Officer; General Manager, Finance and Stock Department, Administration and Management Division Dec 2022 Outside Audit & Supervisory Board Member, Union Consultant Co., Ltd. (current) Feb 2024 Director (Full-time Audit and Supervisory Committee Member) (current)
1962-02-23
Junji OSHIRO
Director (Audit and Supervisory Committee Member)
Mar 1985 Graduated from Legal Training and Research Institute Apr 1985 Registered as attorney-at-law Apr 1989 Head, Oshiro Law Office, attorney-at-law (current) Apr 1998 Conciliation Commissioner, Tokyo Family Court Feb 2014 Audit & Supervisory Board Member, the Company Feb 2016 Director (Audit and Supervisory Committee Member) (current)
1949-03-16
Tatsuo HASUNUMA
Director (Audit and Supervisory Committee Member)
Apr 1971 Joined Tokyo National Tax Bureau Jul 2002 Professor, Research Department, National Tax College Jul 2008 Senior Investigator, Second Investigation Department, Tokyo National Tax Bureau Jul 2012 Head, Nerima West Tax Office Sep 2013 Opened Tatsuo Hasunuma Tax Accountant Office (current) Jan 2019 Outside Director, Tomoe Engineering Co., Ltd. Feb 2023 Director (Audit and Supervisory Committee Member) (current)
1952-09-08
Large Shareholding Reports
Kenji MIKI
2026-06-18
5.29%→4.27%
Annual report (as of 2026-05-31): 5.36%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-14
Q3 Earnings Flash
FY ending Nov 2026
EDINET
2026-07-15
Semi-Annual Securities Report
Period: Dec 2025 – Nov 2026
TDnet
2026-07-14
Q2 Earnings Flash
FY ending Nov 2026
EDINET
2026-06-18
Large Shareholding Report
TDnet
2026-04-10
Q1 Earnings Flash
FY ending Nov 2026
EDINET
2026-02-25
Annual Securities Report
Period: Dec 2024 – Nov 2025
TDnet
2025-10-15
Q3 Earnings Flash
FY ending Nov 2025
EDINET
2025-07-14
Semi-Annual Securities Report
Period: Dec 2024 – Nov 2025
TDnet
2025-04-10
Q1 Earnings Flash
FY ending Nov 2025
EDINET
2025-02-28
Annual Securities Report
Period: Dec 2023 – Nov 2024
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-04-12
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-02-28
Annual Securities Report
Period: Dec 2022 – Nov 2023
EDINET
2023-10-13
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Dec 2022 – May 2023
EDINET
2023-04-14
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-02-28
Annual Securities Report
Period: Dec 2021 – Nov 2022
EDINET
2022-10-14
Quarterly Securities Report
EDINET
2022-07-14
Quarterly Securities Report
EDINET
2022-04-14
Quarterly Securities Report
EDINET
2022-02-28
Annual Securities Report
EDINET
2021-10-15
Quarterly Securities Report
EDINET
2021-07-14
Quarterly Securities Report
EDINET
2021-04-14
Quarterly Securities Report
EDINET
2021-02-26
Annual Securities Report
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