Overview
Information & Communication

OTSUKA CORPORATION

Otsuka Corporation is a leading Japanese IT solutions provider operating across two core segments: System Integration, which covers consulting, hardware and software sales, custom software development, and network installation; and Service & Support, which encompasses office supply procurement, maintenance services, and business support services. The company serves primarily small and medium-sized enterprises in Japan, offering end-to-end IT infrastructure solutions from system design and deployment through ongoing operational support. Key offerings include AI agent services ('Tayoreru Business AI Agent'), cloud IaaS solutions, cybersecurity products, and document management tools, with notable strength in long-term partner relationships, exemplified by 27 consecutive years of Microsoft partner awards.

Market Cap
¥1,665B
US$10.6B
EV
¥1,398B
US$8.92B
Stock¥4,392▲+1.01%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
13.4
x
LTM EV/EBIT
14.8
x
LTM PER
24.8
x
LTM PBR
4.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+20.7%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 4, 26Q2 FY2026/12 earnings announced
MC → EV Bridge
1,665BUS$10.6BMarket Cap7.86BUS$50.1M+ Debt257BUS$1.64B− Cash23.7BUS$151M− Inv. Sec.5.52BUS$35.2M+ NCI1,398BUS$8.92BEV
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Performance & Balance
Revenue 5Y (¥B)
852US$5.43B'21/12861US$5.49B'22/12977US$6.23B'23/121,108US$7.06B'24/121,323US$8.44B'25/12
EBITDA 5Y (¥B)
63.8US$407M'21/1263.1US$402M'22/1270.9US$452M'23/1282.8US$528M'24/1299.3US$633M'25/12
Net Income 5Y (¥B)
39.9US$255M'21/1240.0US$255M'22/1247.4US$303M'23/1253.5US$341M'24/1264.3US$410M'25/12
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
227US$1.45B7.99US$50.9M'21/12225US$1.43B7.51US$47.9M'22/12255US$1.63B7.30US$46.6M'23/12251US$1.60B7.53US$48.0M'24/12277US$1.77B7.86US$50.1M'25/12
Shareholders
Top 10 hold 61.9%
1
Otsuka Soubi Co., Ltd.
33.54%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.17%
3
Custody Bank of Japan, Ltd. (Trust Account)
5.90%
4
Yuji OTSUKA
2.46%
5
JPMorgan Securities Japan Co., Ltd.
2.29%
6
OTSUKA CORPORATION Employee Stock Ownership Association
2.25%
7
Keiko OTSUKA
1.83%
8
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.56%
9
CEP LUX-ORBIS SICAV (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.01%
10
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
0.87%
Management
16 officers
Yuji OTSUKA
Representative Director, President; General Manager, MM Headquarters
Apr 1976 Joined The Bank of Yokohama, Ltd. Dec 1980 Joined Ricoh Company, Ltd. Nov 1981 Joined the Company Mar 1992 Appointed Director Mar 1993 Appointed Managing Director Mar 1994 Appointed Senior Managing Director Mar 1995 Appointed Director and Executive Vice President (Representative Director) Aug 2000 Representative Director, President, Otsuka Soubi Co., Ltd. (current) Aug 2001 Appointed Director and President (Representative Director) Mar 2006 Appointed Representative Director, President (current)
1954-02-13
Kazuyuki KATAKURA
Director; Senior Managing Executive Officer; General Manager, Sales Headquarters
Mar 1976 Joined the Company Oct 1996 General Manager, CAD Sales Promotion Department Mar 1997 Appointed Director Mar 1999 Appointed Managing Director Jul 2003 Appointed Managing Director and Executive Officer Mar 2006 Appointed Director and Executive Managing Officer Mar 2008 Appointed Director and Senior Managing Executive Officer Mar 2018 Appointed Director and Executive Senior Managing Officer (current)
1952-06-11
Hironobu TSURUMI
Director; Managing Executive Officer; Deputy General Manager, Sales Headquarters; General Manager, CAD Division; General Manager, CAD Promotion Department
Mar 1979 Joined the Company Nov 2001 Chairman, Zhen Dan Otsuka Co., Ltd. (now Otsuka Information Technology Co., Ltd.) (current) Jul 2004 Appointed Executive Officer Mar 2006 Appointed Senior Executive Officer Mar 2010 Appointed Director and Senior Executive Officer Mar 2013 Appointed Director and Managing Executive Officer Mar 2018 Appointed Director and Executive Managing Officer Mar 2019 Appointed Director and Managing Executive Officer (current)
1955-07-23
Hironobu SAITO
Director; Managing Executive Officer; General Manager, Corporate Management Headquarters; in charge of Project Promotion Office, Internal Audit Office, Multi AI Research Center, and Customer My Page Promotion Center
Aug 1968 Joined the Company Oct 2000 General Manager, Corporate Planning Office Jul 2003 Appointed Executive Officer Mar 2005 Appointed Senior Executive Officer Mar 2007 Appointed Director and Senior Executive Officer Mar 2011 Appointed Director and Managing Executive Officer Mar 2018 Appointed Director and Executive Managing Officer Mar 2021 Appointed Director and Managing Executive Officer (current)
1949-07-17
Minoru SAKURAI
Director; Managing Executive Officer; General Manager, Technology Headquarters; General Manager, AP Solutions Division
Mar 1979 Joined the Company Jul 2003 General Manager, Technical Solutions Center Mar 2005 Appointed Executive Officer Mar 2010 Appointed Senior Executive Officer Mar 2011 Appointed Director and Senior Executive Officer Mar 2013 Appointed Director and Managing Executive Officer (current)
1957-03-27
Koichiro YAMADA
Director; Managing Executive Officer; General Manager, Industry SI Division; General Manager, SI Management Division; General Manager, Industry SI Promotion Department
Mar 1986 Joined the Company Mar 2018 Appointed Executive Officer Mar 2023 Appointed Senior Executive Officer Mar 2024 Appointed Managing Executive Officer Mar 2025 Appointed Director and Managing Executive Officer (current)
1963-02-01
Kazuo UNENO
Director; Senior Executive Officer; General Manager, Accounting and Finance Department
Jan 1997 Joined the Company Jan 2017 General Manager, Accounting Department Mar 2021 Appointed Executive Officer Mar 2023 Appointed Senior Executive Officer Mar 2025 Appointed Director and Senior Executive Officer (current)
1967-12-08
Tatsumi MURATA
Full-time Audit & Supervisory Board Member
Mar 1981 Joined the Company Jan 2013 General Manager, Business Management Department Apr 2016 General Manager, Internal Audit Office Mar 2020 Appointed Executive Officer Mar 2021 Appointed Full-time Audit & Supervisory Board Member (current)
1957-11-02
Jiro MAKINO
Director
Apr 1983 Registered as attorney-at-law Aug 1990 Established Makino Sogo Law Office (now Makino Sogo Law Office, Attorneys at Law Corporation); Managing Attorney (current) Mar 2004 Appointed Outside Audit & Supervisory Board Member of the Company Mar 2015 Appointed Outside Director of the Company (current)
1953-05-14
Tetsuo SAITO
Director
Apr 1977 Joined Tokyo Stock Exchange (now Japan Exchange Group, Inc.) May 1997 Representative Director, Work2 Co., Ltd. (current) May 2009 Outside Audit & Supervisory Board Member, Diamond Dining Co., Ltd. (now DD Holdings Co., Ltd.) Jun 2012 Outside Audit & Supervisory Board Member, DM Solutions Co., Ltd. (current) Dec 2015 Outside Director, Career Design Center Co., Ltd. (current) Mar 2016 Appointed Outside Director of the Company (current) May 2023 Outside Director (Audit and Supervisory Committee Member), DD Holdings Co., Ltd.
1954-03-25
Fuminori SUZUMURA
Director
Apr 1990 Joined Epson Sales Japan Corporation Jun 2014 Director, same company Apr 2019 Representative Director, President, same company Jun 2019 Executive Officer, Seiko Epson Corporation Mar 2025 Appointed Outside Director of the Company (current) Aug 2025 Appointed Outside Director, Fileforce Co., Ltd. (current)
1966-10-25
Yoko NAKAI
Director
Apr 1997 Joined Microsoft Japan Co., Ltd. Jul 2015 Executive Officer, same company Jan 2022 Corporate Officer, same company Mar 2024 Left Microsoft Japan Co., Ltd. Apr 2024 Representative Director, President, Adobe K.K. Jul 2025 Retired as Representative Director, President, Adobe K.K. Mar 2026 Appointed Outside Director of the Company (current)
1974-06-23
Emi WAKATSUKI
Director
Apr 1998 Joined the Supreme Court of Japan, Legal Training and Research Institute Apr 2000 Registered as attorney-at-law Apr 2000 Joined Hamada & Matsumoto Law Office (now Mori Hamada & Matsumoto) Nov 2002 Joined Makino Law Office (now Makino Sogo Law Office, Attorneys at Law Corporation) Jan 2008 Joined Japan Technology Venture Partners Co., Ltd. Dec 2008 Joined Turner International Japan, Inc. (now Turner Japan K.K.) Aug 2014 Joined HJ Holdings GK (now HJ Holdings K.K.) Feb 2020 Joined Crunchyroll K.K. Oct 2021 Joined Funimation Global Group, LLC (now Crunchyroll, LLC) Sep 2024 Joined Sony Honda Mobility Inc. Jan 2026 Representative Attorney, Ichirin Law Office (current) Mar 2026 Appointed Outside Director of the Company (current)
1974-12-11
Kazuhiko NAKAI
Audit & Supervisory Board Member
Aug 1976 Joined Chuo Audit Corporation Mar 1981 Registered as Certified Public Accountant Nov 1995 Senior Partner, Chuo Audit Corporation Mar 2005 Registered as Certified Tax Accountant Mar 2005 Opened Kazuhiko Nakai Tax Accounting Office; Director (current) Jul 2007 Senior Partner, Shin Nihon & Co. (now EY Shin Nihon LLC) Jul 2010 Opened Kazuhiko Nakai CPA Office; Director (current) Jun 2011 Outside Audit & Supervisory Board Member, Nihon Antenna Co., Ltd. Mar 2012 Appointed Outside Audit & Supervisory Board Member of the Company (current) Feb 2019 Outside Director, Espol Co., Ltd. (current)
1951-08-31
Etsuro HADA
Audit & Supervisory Board Member
Sep 1987 Joined Chuo Audit Corporation Mar 1990 Registered as Certified Public Accountant Aug 1993 Registered as Judicial Scrivener Sep 1993 Opened Hada Certified Public Accountant and Judicial Scrivener Office; Director (current) Jun 1999 Registered as Certified Tax Accountant Jun 2004 Registered as Administrative Scrivener Jun 2004 Audit & Supervisory Board Member, Nikkan Kogyo Shimbun, Ltd. (current) Mar 2016 Appointed Outside Audit & Supervisory Board Member of the Company (current)
1961-11-27
Katsumasa MINAGAWA
Audit & Supervisory Board Member
Apr 1998 Joined Mitsubishi Corporation Dec 2007 Registered as attorney-at-law (Dai-Ichi Tokyo Bar Association) Sep 2010 Established Minagawa Ebisu Law Office; Representative Jun 2016 Outside Audit & Supervisory Board Member, Ubiquitous Co., Ltd. (now Ubiquitous AI Inc.) (current) Mar 2020 Appointed Outside Audit & Supervisory Board Member of the Company (current) Jan 2022 Established Kollect Partners Law Office; Representative Attorney (current)
1971-07-21
Large Shareholding Reports
Otsuka Sobi Co., Ltd.
2026-06-19
33.47%→33.47%
Annual report (as of 2026-06-30): 33.54%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-10
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-03
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-06-19
Large Shareholding Report
TDnet
2026-04-30
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-10-31
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-04-30
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-08
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-13
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-27
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-07-24
中期経営計画
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINETAmended
2022-12-05
Amended Annual Securities Report
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-12
Quarterly Securities Report
EDINET
2022-03-29
Annual Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-05-13
Quarterly Securities Report
EDINET
2021-03-26
Annual Securities Report
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