Overview
Glass and Ceramics Products

KUNIMINE INDUSTRIES CO.,LTD.

Kunimine Industries is a specialized manufacturer engaged in the mining, processing, and sale of bentonite—a clay mineral with approximately 1,000 industrial applications—across three core segments: Bentonite Business, Clay Science Business, and Agri Business. Its Bentonite Business supplies products for foundry (casting), civil engineering/environmental construction, and pet litter applications, while also trading in drilling mud agents. The Clay Science Business develops and sells high-purity refined bentonite and synthetic clay (Kunipia, Smecton) for fine chemicals, life sciences, and cosmetics applications, and the Agri Business provides contract processing and packaging of agrochemicals as well as agricultural materials manufacturing.

Market Cap
¥15.5B
US$98.6M
EV
¥5.83B
US$37.2M
Stock¥1,270▼-1.09%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.2
x
LTM EV/EBIT
2.9
x
LTM PER
10.8
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-11.7%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
15.5BUS$98.6MMarket Cap0.03BUS$0.22M+ Debt9.30BUS$59.3M− Cash1.26BUS$8.06M− Inv. Sec.0.90BUS$5.73M+ NCI5.83BUS$37.2MEV
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Performance & Balance
Revenue 5Y (¥B)
15.3US$97.3M'22/315.3US$97.7M'23/315.7US$100.0M'24/315.7US$100M'25/317.1US$109M'26/3
EBITDA 5Y (¥B)
2.50US$16.0M'22/31.67US$10.7M'23/32.12US$13.5M'24/32.12US$13.5M'25/32.50US$15.9M'26/3
Net Income 5Y (¥B)
1.30US$8.30M'22/30.84US$5.37M'23/31.04US$6.65M'24/31.08US$6.87M'25/31.34US$8.55M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
9.64US$61.5M1.04US$6.62M'22/39.25US$59.0M0.10US$0.61M'23/310.5US$67.1M0.07US$0.47M'24/39.93US$63.3M0.05US$0.35M'25/310.4US$66.0M0.03US$0.22M'26/3
Shareholders
Top 10 hold 61.2%
1
Kunimine Enterprise Co., Ltd.
40.31%
2
KUNIMINE INDUSTRIES CO.,LTD. Business Partners' Stock Ownership Association
6.41%
3
NIPPON KAYAKU CO.,LTD.
2.73%
4
KUMIAI CHEMICAL INDUSTRY CO.,LTD.
2.71%
5
Satoru KAWAKAMI
2.19%
6
BNYM RE BNYMLB RE GPP CLIENT MONEY AND ASSETS AC (Standing Proxy: MUFG Bank, Ltd.)
1.71%
7
Nisshō Co., Ltd.
1.63%
8
Custody Bank of Japan, Ltd. (Trust Account)
1.33%
9
MUFG Bank, Ltd.
1.31%
10
KUNIMINE INDUSTRIES CO.,LTD. Employee Stock Ownership Association
0.84%
Management
11 officers
Takayuki TOMOYAMA
Representative Director, President
Apr 1996 Joined the Company Jun 2009 General Manager, General Affairs Department Jun 2016 Assumed office as Director Dec 2016 General Manager, Agri Business Division Mar 2018 Resigned as Director Apr 2018 General Manager, Overseas Business Promotion Division; Representative Director and President, KUNIMINE (THAILAND) CO., LTD. Apr 2023 General Manager, Life Science Department Jun 2023 Assumed office as Director Jun 2023 Deputy General Manager, Clay Science Business Division; in charge of Overseas Business Promotion Department Apr 2024 General Manager, Administration Division and Deputy General Manager, Clay Science Business Division Jun 2024 Assumed office as Senior Managing Director Jun 2024 General Manager, Clay Science Business Division; General Manager, Human Resources Department and in charge of Overseas Business Promotion Department Jun 2025 General Manager, Human Resources Department and General Manager, Administration Division Jun 2026 Assumed office as Representative Director and President (current)
1974-03-18
Satoshi TAMAKI
Managing Director, General Manager, Resource Exploration Department and General Manager, Agri Business Division
Apr 2003 Joined the Company Oct 2013 Section Manager, Agri Business Division Apr 2016 General Manager, Agri Business Division Jun 2018 General Manager, Chemical Products Division Jun 2021 Assumed office as Director Jun 2021 In charge of Agri Business Division Jun 2022 Assumed office as Managing Director (current) Apr 2023 General Manager, Clay Science Business Division and General Manager, Fine Chemicals Department Jun 2024 General Manager, Agri Business Division and General Manager, R&D Department Jun 2026 General Manager, Resource Exploration Department and General Manager, Agri Business Division (current)
1978-12-10
Katsuhiro KURODA
Managing Director, General Manager, Clay Science Business Division
Apr 1983 Joined Nichimen Corporation (now Sojitz Corporation) Nov 1999 General Manager, European Chemicals Department, Nichimen Europe (now Sojitz Europe) Oct 2004 Executive Officer and General Manager, Organic Chemicals Business Division, NN Chemical Co., Ltd. (now Sojitz Corporation) Oct 2006 General Manager, Inorganic & Mineral Resources Department and General Manager, Organic Chemicals Department, Chemicals Division, Sojitz Corporation Jul 2016 Joined Santoku Corporation; Director, Head of President's Office and General Manager, New Business Promotion Office Apr 2021 Joined Soda Nikka Co., Ltd.; Assistant to General Manager, Functional Materials Division Aug 2021 Deputy General Manager, Chemicals Division and Deputy General Manager, Functional Materials Division, Soda Nikka Co., Ltd. Apr 2023 Executive Officer and General Manager, Kansai Branch, Soda Nikka Co., Ltd. Apr 2025 Joined the Company; General Manager, Clay Science Business Division Jun 2025 Assumed office as Director Jun 2026 Managing Director, General Manager, Clay Science Business Division (current)
1959-06-02
Tsutomu NURISHIO
Managing Director, General Manager, Bentonite Business Division
Apr 1991 Joined Nissho Iwai Corporation (now Sojitz Corporation) Jul 2013 General Manager, Rio de Janeiro Branch, Sojitz Brazil Apr 2017 General Manager, Mineral Resources Department, Coal & Metals Division, Sojitz Corporation Apr 2021 General Manager, Non-ferrous & Mineral Resources Department, Metals, Resources & Recycling Division, Sojitz Corporation Apr 2024 Assistant to General Manager, Metals, Resources & Recycling Division, Sojitz Corporation Apr 2026 Joined the Company; Deputy General Manager, Bentonite Business Division Jun 2026 Managing Director, General Manager, Bentonite Business Division (current)
1967-04-08
Yuji TAKADA
Director, General Manager, Corporate Strategy Department
Apr 1985 Joined Nichimen Corporation (now Sojitz Corporation) Nov 2003 President, Metton America, Inc. Jan 2006 General Manager, Organic Chemicals Department, Sojitz Chemical Corporation (now Sojitz Corporation) Oct 2009 General Manager, Chemicals Division, Americas, Sojitz America Corporation Oct 2016 Assistant to General Manager, Chemicals Division, Sojitz Corporation May 2018 President, PT. Kaltim Methanol Industri May 2022 Joined Miyako Kosan Co., Ltd.; General Manager, Osaka Branch Jun 2024 Joined the Company Jun 2024 Director, General Manager, Corporate Strategy Department (current) Jun 2025 In charge of Overseas Business Promotion Department (current)
1961-08-08
Hiromi KUNIMINE
Director
May 2004 Joined Kunimine Enterprise Co., Ltd. as Director Nov 2009 President and Representative Director, Kunimine Enterprise Co., Ltd. Sep 2016 Director, Kunimine Enterprise Co., Ltd. (current) Jun 2026 Assumed office as Director of the Company (current)
1973-03-18
Shintaro WASHIZU
Director
Apr 1984 Joined Fuji Photo Film Co., Ltd. (now FUJIFILM Holdings Corporation) Jul 2001 General Manager, Technology Department, Fujinomiya Research Laboratory, Fuji Photo Film Co., Ltd. Apr 2006 General Manager, Technology Department, New Business Development Division, FUJIFILM Corporation Jun 2008 Senior Manager, Technology Strategy Department, R&D Management Division, FUJIFILM Corporation Sep 2015 Resigned from FUJIFILM Corporation Apr 2016 Representative, Office EAGLE NEST (current) Apr 2017 Visiting Professor, Shizuoka University (current) Jun 2021 Assumed office as Director (current)
1955-09-22
Hiroshi TAKITA
Director (Full-time Audit and Supervisory Committee Member)
Apr 1988 Joined Koito Manufacturing Co., Ltd. Jun 2003 Joined Kokuyo Co., Ltd.; Section Manager, Legal Department Apr 2009 Senior Section Manager, Head Office General Affairs Division, Kokuyo Co., Ltd. Apr 2017 General Manager, Risk Management Department, KAUNET Co., Ltd. Jan 2022 Manager, Risk Compliance Department, Business Supply Division, Kokuyo Co., Ltd. Jun 2026 Joined the Company Jun 2026 Director (Audit and Supervisory Committee Member) (current)
1966-03-07
Takashi HORIKOSHI
Director (Audit and Supervisory Committee Member)
Apr 1990 Registered as attorney-at-law Apr 1995 Head of Horikoshi Law Office (now Ginza City Law Office) (current) Jun 2004 Assumed office as Audit & Supervisory Board Member of the Company Jun 2016 Assumed office as Director (Audit and Supervisory Committee Member) (current)
1954-09-02
Ken AKAISHI
Director (Audit and Supervisory Committee Member)
Mar 1994 Joined Toyo Audit Corporation Apr 2004 Registered as Certified Public Accountant Apr 2004 Head of Akaishi Ken CPA Office (current) Jul 2004 Registered as Certified Tax Accountant Jul 2004 Joined Akatsuki Certified Tax Accountant Corporation Jun 2018 Resigned from Toyo Audit Corporation Jun 2020 Outside Audit & Supervisory Board Member, Musashi Co., Ltd. (current) Nov 2020 Resigned from Akatsuki Certified Tax Accountant Corporation Dec 2020 Joined AT Certified Tax Accountant Corporation; Head of Yokohama Office (current) Jun 2022 Assumed office as Director (Audit and Supervisory Committee Member) (current)
1965-05-20
Takashi HARADA
Director (Audit and Supervisory Committee Member)
Oct 2000 Registered as attorney-at-law Oct 2000 Joined Abe, Inokubo & Katayama Law Office (current) Jun 2009 Outside Audit & Supervisory Board Member, Aisan Information Systems Co., Ltd. Jun 2021 Resigned as Outside Audit & Supervisory Board Member, Aisan Information Systems Co., Ltd. Jun 2022 Assumed office as Director (Audit and Supervisory Committee Member) (current)
1970-07-21
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-07-03
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-03
株主総会招集通知
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-07
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-02
Q1 Earnings Flash
FY ending Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-02
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-06
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-04
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-03
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-04
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-04
Quarterly Securities Report
EDINET
2021-11-05
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINETAmended
2021-07-19
Amended Annual Securities Report
EDINET
2021-06-29
Annual Securities Report
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