Overview
Chemicals

HABA LABORATORIES,INC.

HABA Laboratories is a Japanese manufacturer and seller of cosmetics and health food products operating under its 'Mutenka Shugi' (additive-free) philosophy, which excludes parabens, petroleum-based surfactants, synthetic fragrances, mineral oils, and tar-based colorants. Its core product lineup includes skincare items (lotions, serums, squalane oil, UV care), makeup, hair and body care, and dietary supplements, with squalane-based products serving as a signature offering. The company distributes primarily through direct mail-order/e-commerce channels, as well as department stores, wholesale partners, and directly operated retail stores.

Market Cap
¥6.33B
US$40.4M
EV
¥2.14B
US$13.7M
Stock¥1,674▲+0.06%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.7
x
LTM EV/EBIT
3.4
x
LTM PER
9.3
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-20.9%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
6.33BUS$40.4MMarket Cap0.96BUS$6.12M+ Debt5.15BUS$32.8M− Cash0.00BUS$0.00M− Inv. Sec.2.14BUS$13.7MEV
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Performance & Balance
Revenue 5Y (¥B)
12.9US$82.3M'22/312.0US$76.8M'23/312.3US$78.6M'24/312.1US$76.9M'25/312.1US$77.4M'26/3
EBITDA 5Y (¥B)
0.39US$2.50M'22/3-0.05-US$0.31M'23/30.33US$2.12M'24/30.75US$4.77M'25/30.91US$5.82M'26/3
Net Income 5Y (¥B)
-0.27-US$1.72M'22/3-0.71-US$4.51M'23/3-2.12-US$13.5M'24/30.58US$3.67M'25/30.76US$4.85M'26/3
Capital Structure
91%
EquityD/E 0.10xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5.66US$36.1M2.56US$16.3M'22/34.82US$30.8M2.03US$13.0M'23/33.97US$25.3M2.36US$15.0M'24/34.74US$30.3M1.82US$11.6M'25/35.78US$36.9M1.19US$7.57M'26/3
Shareholders
Top 10 hold 42.6%
1
Koyanagi Foundation (Public Interest Incorporated Foundation)
35.28%
2
Toko KOYANAGI
2.88%
3
Kazue KOYANAGI
1.66%
4
Noriko KOYANAGI
0.58%
5
Tsunekazu UMEDA
0.58%
6
Kumiko KOYANAGI
0.40%
7
Meiji Yasuda Life Insurance Company (Standing Proxy: Custody Bank of Japan, Ltd.)
0.40%
8
HABA LABORATORIES,INC. Employee Stock Ownership Association
0.32%
9
Leisurers Co., Ltd.
0.26%
10
Japan Securities Finance Co.,Ltd.
0.21%
Management
7 officers
Mikio NISHI
Representative Director, President and Executive Officer; in charge of Management Planning Department, Cosmetics Development Department, Food Development Department, Quality Assurance Department, and Design Department
Apr 1978 Joined World Co., Ltd. Aug 1992 General Manager, TK Department, World Co., Ltd. Apr 1993 Representative Director, President, Store Operation Co., Ltd. Jul 2001 General Manager, Direct Marketing Department, World Co., Ltd. Dec 2003 General Manager, Marketing Planning Division, World Co., Ltd. Apr 2006 Joined the Company; Assistant to Office of the President Manager Jun 2006 Managing Director of the Company Feb 2010 Representative Director, President, Wiswit Co., Ltd. Apr 2024 Joined the Company; Advisor Jun 2024 Senior Managing Director of the Company; in charge of Management Planning Department, Design Department, and Overseas Sales Department Oct 2024 Senior Managing Director of the Company; in charge of Management Planning Department Jun 2025 Representative Director, President of the Company Apr 2026 Representative Director, President and Executive Officer of the Company; in charge of Management Planning Department, Cosmetics Development Department, Food Development Department, Quality Assurance Department, and Design Department (current)
1955-06-14
Noriko KOYANAGI
Chairman of the Board, Director
Jun 1987 Joined Harbor Co., Ltd. Sep 1999 Director and Factory Manager, Harbor Co., Ltd. Jun 2002 Representative Director, President, Harbor Co., Ltd. Oct 2014 Representative Director, Chairman, Harbor Co., Ltd. Mar 2015 Director and Senior Advisor, Harbor Co., Ltd. Jun 2015 Director of the Company Apr 2017 Representative Director, President of the Company Jun 2017 Representative Director, Chairman, Harbor Co., Ltd. (current) Apr 2021 Representative Director, Chairman of the Company Apr 2024 Representative Director, Chairman and President of the Company Jun 2025 Chairman of the Board, Director of the Company (current)
1945-09-21
Tomotaka MATSUI
Director and Executive Officer; in charge of Mail-Order Sales Department, Store Sales Department, Domestic Sales Department, Overseas Sales Department, Beauty Department, and Customer Center Sales Department
Apr 1991 Joined Mitsukoshi, Ltd. (now Isetan Mitsukoshi Holdings Ltd.) Mar 1996 Seconded to Mitsukoshi U.K. Ltd. Mar 1998 Returned to Mitsukoshi, Ltd. (now Isetan Mitsukoshi Holdings Ltd.) Apr 2020 Joined the Company; Director, Store Sales Department Apr 2021 Director, Mail-Order Sales Department and Store Sales Department of the Company Jun 2021 Director of the Company; in charge of Mail-Order Sales Department and Store Sales Department Apr 2023 Director of the Company; in charge of Mail-Order Sales, Store Sales, Advertising and PR, Beauty, and Information Development Departments Jun 2024 Director of the Company; in charge of Store Sales Department and Domestic Sales Department Oct 2024 Director of the Company; in charge of Store Sales, Domestic Sales, and Overseas Sales Departments Apr 2026 Director and Executive Officer of the Company; in charge of Mail-Order Sales, Store Sales, Domestic Sales, Overseas Sales, Beauty, and Customer Center Sales Departments (current)
1969-03-08
Akihiko TAKASAKI
Director and Executive Officer; in charge of General Affairs and Human Resources Department and Finance and Accounting Department
Oct 2002 Joined the Company; Manager, IR and PR Apr 2003 Manager, Office of the President of the Company Oct 2004 Audit & Supervisory Board Member, Ginza Harbor Co., Ltd. (later merged into the Company) Dec 2004 Director, Ginza Harbor Co., Ltd. Jan 2006 Manager, Office of the President of the Company Oct 2012 Deputy Manager, Management Support Department, Head Office, Dai Tokyo Credit Cooperative Dec 2014 Secretary General, Tokyo Metropolitan Credit Cooperative Association Jun 2019 Manager, Audit Department, Head Office, Nanatoshima Credit Cooperative Apr 2023 Joined the Company; Senior Manager, Office of the President Jun 2023 Director of the Company; in charge of General Affairs and Human Resources Department and Finance and Accounting Department Apr 2026 Director and Executive Officer of the Company; in charge of General Affairs and Human Resources Department and Finance and Accounting Department (current)
1953-11-23
Nobuko KATO
Outside Director (Audit and Supervisory Committee Member)
Mar 1973 Joined Bridgestone Tire Co., Ltd. (now Bridgestone Corporation) Apr 1999 Part-time Lecturer, Faculty of Science, Japan Women's University Mar 2009 Chief Fellow (with executive officer status), Bridgestone Corporation Apr 2009 Vice President, The Japan Society for Analytical Chemistry Jun 2009 Outside Audit & Supervisory Board Member, JSR Corporation Apr 2010 Councillor, Japan Women's University Academic Corporation Sep 2010 Reviewer, Advanced and Next-Generation R&D Support Program, Japan Society for the Promotion of Science Apr 2011 Chief Reviewer, Intellectual Property Review Committee, Japan Science and Technology Agency Apr 2015 Member, Industry-Academia Collaborative Practical Development Project Evaluation Committee, Japan Science and Technology Agency Oct 2015 Member, Directforce General Incorporated Association (current) Jun 2016 Vice Chair, Shiho-kai General Incorporated Association Jun 2016 Standing Director, Oufukai, Japan Women's University Educational and Cultural Promotion Association Oct 2020 Member, COI Overall Evaluation Committee, Japan Science and Technology Agency Jun 2023 Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1950-09-30
Fumie UEDA
Outside Director (Audit and Supervisory Committee Member)
Oct 2002 Joined Tohmatsu Audit Corporation (now Deloitte Touche Tohmatsu LLC) Jun 2006 Registered as Certified Public Accountant Jan 2011 Joined Nishi Yoshiro Certified Public Accountant Office Aug 2019 Partner, Act Audit LLC (current) Apr 2024 Outside Director (Audit and Supervisory Committee Member), Agro Kanesho Co., Ltd. Jun 2025 Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1977-12-15
Taira KASHINO
Outside Director (Audit and Supervisory Committee Member)
Dec 2018 Registered as Attorney-at-Law (Daiichi Tokyo Bar Association) Dec 2018 Joined Nishimura & Asahi Jul 2024 Joined Shinjuku Law Office (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1991-04-10
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-14
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-01
株主総会招集通知
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-14
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-13
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 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
2023-06-19
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-15
Quarterly Securities Report
EDINET
2022-06-20
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-16
Quarterly Securities Report
EDINET
2021-06-21
Annual Securities Report
EDINET
2021-02-15
Quarterly Securities Report
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