Overview
Chemicals

OAT Agrio Co.,Ltd.

OAT Agrio is a Japanese agrochemical and fertilizer company engaged in the research, development, manufacturing, and domestic/international sale of pesticides, fertilizers, and biostimulants under its proprietary 'Agritechnology' framework. The company operates across three core technology pillars: crop protection (pesticides including insecticides, fungicides, and herbicides), fertigation technology (hydroponic and soil-applied fertilizers with a No.1 domestic market share in hydroponic crop nutrients), and biostimulants that enhance plant immunity against environmental stress and pests. It serves agricultural producers and general consumers globally, with R&D bases in Japan (Naruto, Tokushima), India (joint lab with Insecticides India Limited), and Spain (LIDA Plant Research for biostimulants).

Market Cap
US$160M
¥25.6B
EV
US$203M
¥32.4B
StockUS$15.84(¥2,530)▲+0.72%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
5.5
x
LTM EV/EBIT
8.4
x
LTM PER
10.6
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-2.4%pt
1001
Nov 13, 25 – Nov 13, 26StockTOPIX
1Nov 12, 26Q3 FY2026/12 earnings announced
MC → EV Bridge
US$160M¥25.6BMarket CapUS$74.8M¥11.9B+ DebtUS$35.2M¥5.63B− CashUS$4.59M¥0.73B− Inv. Sec.US$7.75M¥1.24B+ NCIUS$203M¥32.4BEV
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Performance & Balance
Revenue 5Y (US$)
US$142M¥22.7B'21/12US$169M¥27.0B'22/12US$182M¥29.0B'23/12US$186M¥29.8B'24/12US$200M¥32.0B'25/12
EBITDA 5Y (US$)
US$21.3M¥3.40B'21/12US$30.2M¥4.83B'22/12US$34.1M¥5.44B'23/12US$31.1M¥4.97B'24/12US$33.6M¥5.37B'25/12
Net Income 5Y (US$)
US$9.04M¥1.44B'21/12US$14.2M¥2.26B'22/12US$15.6M¥2.49B'23/12US$13.0M¥2.08B'24/12US$14.6M¥2.33B'25/12
Capital Structure
63%
37%
EquityD/E 0.59xDebt
Liquidity vs Debt 5Y (US$)▼ Net Debt
CashInv. Sec.Debt
US$25.2M¥4.02BUS$75.9M¥12.1B'21/12US$25.3M¥4.04BUS$74.0M¥11.8B'22/12US$28.7M¥4.58BUS$77.0M¥12.3B'23/12US$33.4M¥5.33BUS$72.6M¥11.6B'24/12US$37.7M¥6.01BUS$61.5M¥9.82B'25/12
Shareholders
Top 10 hold 47.9%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
7.98%
2
Hikari Tsushin KK Investment Business Limited Liability Partnership
6.55%
3
Itochu Chemical Frontier Corporation
5.33%
4
Otsuka Chemical Co., Ltd.
5.11%
5
Resona Bank, Limited
4.59%
6
Maruzen Pharmaceuticals Co., Ltd.
4.59%
7
Glocal Japan Co., Ltd.
4.59%
8
OAT Agrio Co.,Ltd. Employee Stock Ownership Association
3.29%
9
SDS Biotech K.K.
3.05%
10
Hichem Co., Ltd.
2.80%
Management
9 officers
Hisashi OKA
Representative Director, President
Mar 1983 Joined Otsuka Chemical Pharmaceutical Co., Ltd. Mar 2011 Executive Officer, General Manager of Technology Development Department, Otsuka Chemical Co., Ltd. Jan 2013 Director of the Company; General Manager of Business Promotion Department; concurrently Head of Corporate Planning Office and in charge of Accounting Department Jan 2015 Director of the Company; General Manager of Agrochemicals Division; concurrently in charge of Marketing and Promotion Department Jan 2018 Director of the Company; General Manager of R&D Department; concurrently Head of Corporate Planning Office Oct 2018 Director of the Company; General Manager of R&D Department; concurrently in charge of Corporate Planning Office Mar 2019 Director of the Company; General Manager of R&D Department Feb 2020 Director of the Company; General Manager of R&D Department; concurrently in charge of Human Resources, General Affairs, Accounting, Production Management, Purchasing and Procurement, Corporate Planning, Information Planning, Intellectual Property & Legal, and Quality Assurance Mar 2020 Representative Director, President of the Company (current)
1961-02-11
Satoshi KITAGUCHI
Director, Senior Executive Officer; Head of Corporate Planning Office; General Manager of Production Management Department
Nov 2012 Full-time Manager, Business Promotion Department of the Company Oct 2014 Representative Director, OAT Stevia Co., Ltd. Jan 2015 General Manager of Fertilizer and BS Division of the Company Jan 2018 General Manager of Fertilizer and BS Division of the Company (officer-equivalent status) Jul 2018 Managing Director, Asahi Chemical Europe s.r.o. Feb 2020 General Manager of Agrochemicals Division of the Company (officer-equivalent status); concurrently in charge of Product Marketing Department Mar 2020 Director of the Company; Head of Corporate Planning Office; concurrently in charge of R&D and Human Resources departments Apr 2021 Director of the Company; in charge of Corporate Planning Office, R&D Department and Human Resources Department Apr 2022 Director and Executive Officer of the Company; General Manager of Purchasing and Procurement Department; concurrently in charge of R&D and Production Management departments Oct 2022 Director and Executive Officer of the Company; General Manager of Production Management Department; concurrently General Manager of Purchasing and Procurement Department and in charge of R&D Department Mar 2023 Director and Senior Executive Officer of the Company; General Manager of Production Management Department; in charge of R&D Department Mar 2024 Director and Senior Executive Officer of the Company; Head of Corporate Planning Office; General Manager of Production Management Department; in charge of R&D Department Mar 2025 Director and Senior Executive Officer of the Company; Head of Corporate Planning Office; General Manager of Production Management Department; responsible for R&D Department (current)
1964-10-16
Wataru OKUMURA
Director, Senior Executive Officer; General Manager of Overseas Sales Division
Sep 2010 Full-time Manager, Overseas Sales Department of the Company Oct 2015 Group Leader, Europe and Americas Group, Overseas Sales Department of the Company; concurrently Group Leader, Overseas Planning Group Jan 2018 General Manager of Overseas Sales Department of the Company Mar 2020 Director of the Company; General Manager of Overseas Sales Department Apr 2022 Director and Executive Officer of the Company; General Manager of Overseas Sales Division Mar 2023 Director and Senior Executive Officer of the Company; General Manager of Overseas Sales Division (current)
1965-07-30
Hiroki TAKASE
Director, Executive Officer; General Manager of General Affairs Department
Jan 2015 Full-time Manager, Corporate Planning Office, Business Promotion Department of the Company Apr 2017 Group Leader, General Affairs Group, General Affairs Department of the Company Jan 2018 General Manager of Purchasing and Procurement Department of the Company Jun 2019 General Manager of General Affairs Department of the Company Apr 2020 General Manager of General Affairs Department of the Company (officer-equivalent status); in charge of Intellectual Property & Legal Office Mar 2022 Director and Executive Officer of the Company; General Manager of General Affairs Department; in charge of Human Resources Department and Intellectual Property & Legal Office Mar 2023 Director and Executive Officer of the Company; General Manager of General Affairs Department; in charge of Accounting Department and Intellectual Property & Legal Office Jan 2024 Director and Executive Officer of the Company; General Manager of General Affairs Department; in charge of Accounting Department and Intellectual Property & Legal Office; concurrently Director, Implanta Innovations Co., Ltd. (current)
1969-02-18
Izumi SUEMURA
Director, Executive Officer; General Manager of Domestic Sales Division
Nov 2011 Chief, Shikoku Branch Office, Osaka Branch of the Company Jan 2015 Branch Manager, Osaka Branch of the Company May 2018 Deputy General Manager of Fertilizer and BS Division of the Company; concurrently Head of Sales Support Office Jul 2018 General Manager of Fertilizer and BS Division of the Company; concurrently Head of Sales Support Office Jun 2019 Branch Manager, Osaka Branch of the Company Apr 2020 General Manager of Production Management Department of the Company (officer-equivalent status); in charge of Purchasing and Procurement Department Mar 2022 Director and Executive Officer of the Company; General Manager of Domestic Sales Division (current)
1967-08-12
Itoko WATANABE
Director, Executive Officer; General Manager of Human Resources Department
Nov 2011 Full-time Manager, Accounting and Information Systems Department of the Company Apr 2014 Full-time Manager, Accounting Department of the Company Jan 2015 Group Leader, Human Resources and General Affairs Group, Business Promotion Department of the Company Apr 2016 Leader, Human Resources Department of the Company Jan 2018 General Manager of Human Resources Department of the Company Mar 2023 Director and Executive Officer of the Company; General Manager of Human Resources Department; in charge of DX (current)
1963-09-08
Minoru KIMURA
Director (Audit and Supervisory Committee Member)
Oct 2003 Joined Deloitte Touche Tohmatsu (currently Deloitte Touche Tohmatsu LLC) May 2007 Registered as Certified Public Accountant Oct 2010 Registered as Small and Medium Enterprise Management Consultant Jan 2012 Established Minoru Kimura Accounting Office; Representative (current) Jan 2015 Audit & Supervisory Board Member, Management Solutions Co., Ltd. (current) Jun 2015 Director, Nikko Travel Co., Ltd. Mar 2016 Audit & Supervisory Board Member of the Company Mar 2018 Director (Audit and Supervisory Committee Member) of the Company (current)
1974-09-15
Jun OGAWA
Director (Audit and Supervisory Committee Member)
Apr 1994 Research Fellow, Japan Society for the Promotion of Science Oct 1995 Assistant Professor, Faculty of Agriculture, Kyoto University Apr 1997 Assistant Professor, Graduate School of Agriculture, Kyoto University Apr 2007 Associate Professor, Graduate School of Agriculture, Kyoto University Oct 2008 Specially Appointed Professor, Kyoto University Microbial Science Endowed Research Division Oct 2009 Professor, Graduate School of Agriculture, Kyoto University (current) Mar 2015 Director of the Company Mar 2020 Director (Audit and Supervisory Committee Member) of the Company (current)
1967-02-25
Motonori ARAKI
Director (Audit and Supervisory Committee Member)
Oct 1991 Joined Gaitachi Sogo Law Office Mar 1992 Registered as Attorney-at-Law, State of New York, USA Jul 1994 Joined Ohebashi Law Office Jun 1998 Admitted to the Bar of the Supreme Court of the United States Apr 2000 Registered as Foreign Lawyer in Japan Mar 2001 Partner, Morgan, Lewis & Bockius Foreign Law Office Apr 2007 Partner, Morrison & Foerster Foreign Law Office Sep 2018 Partner, Morgan, Lewis & Bockius Foreign Law Office (current) Mar 2022 Director (Audit and Supervisory Committee Member) of the Company (current)
1963-03-13
Large Shareholding Reports
Kotsu Tsushin Co., Ltd.
2026-10-15
7.09%→7.24%
Hikari Tsushin, Inc.
2026-09-07
6.98%→7.09%
Koutsushin Co., Ltd.
2025-09-29
6.98%→6.98%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-11-11
Q3 Earnings Flash
FY ending Dec 2026
EDINET
2026-10-15
Large Shareholding Report
EDINET
2026-09-07
Large Shareholding Report
EDINET
2026-08-10
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-10
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-13
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-24
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2026-02-12
Full-Year Earnings Flash
FY ending Dec 2025
TDnet
2025-11-10
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-29
Large Shareholding Report
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-25
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-10
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-26
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-08
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-08
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-10
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-09
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-05-11
Quarterly Securities Report
EDINET
2022-03-31
Annual Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-31
Annual Securities Report
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