Overview
Nonferrous Metals

HIRAKAWA HEWTECH CORP.

Hirakawa Hewtech is a manufacturer and seller of electric wires, cables, and related assemblies serving digital electronics, broadcast/network, and medical equipment markets. Its product portfolio spans high-precision/high-speed transmission cables for supercomputers, servers, semiconductor inspection equipment, and automotive applications, as well as broadcast optical repeaters, PoE switching hubs, EV/PHEV AC chargers, and medical-use special tubes leveraging wire-cable technology. The company differentiates through precision engineering capabilities and a globally integrated supply chain spanning Japan, China, Southeast Asia, and North America.

Market Cap
¥48.2B
US$307M
EV
¥34.7B
US$221M
Stock¥3,100▲+1.14%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
5.3
x
LTM EV/EBIT
6.7
x
LTM PER
28.1
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+7.2%pt
10012345
Oct 23, 25 – Oct 23, 26StockTOPIX
1Jan 9, 26Axium Capital Pte. Ltd. changed stake (5.52%→5.92%)
2Apr 7, 26Axium Capital Pte. Ltd. changed stake (5.92%→8.03%)
3May 22, 26Axium Capital Pte. Ltd. changed stake (8.03%→8.16%)
4Jun 5, 26Axium Capital Pte. Ltd. changed stake (8.16%→8.65%)
5Jul 28, 26Axium Capital Pte. Ltd. changed stake (8.65%→9.01%)
MC → EV Bridge
48.2BUS$307MMarket Cap4.78BUS$30.4M+ Debt16.1BUS$102M− Cash3.51BUS$22.3M− Inv. Sec.1.30BUS$8.28M+ NCI34.7BUS$221MEV
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Performance & Balance
Revenue 5Y (¥B)
27.8US$177M'22/332.2US$205M'23/329.3US$187M'24/330.8US$196M'25/338.4US$245M'26/3
EBITDA 5Y (¥B)
3.33US$21.2M'22/34.57US$29.1M'23/33.18US$20.2M'24/33.75US$23.9M'25/36.03US$38.4M'26/3
Net Income 5Y (¥B)
1.50US$9.57M'22/32.96US$18.8M'23/31.44US$9.19M'24/32.03US$12.9M'25/31.64US$10.5M'26/3
Capital Structure
90%
EquityD/E 0.11xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
10.2US$65.2M4.43US$28.2M'22/310.9US$69.7M3.24US$20.6M'23/314.8US$94.0M3.21US$20.4M'24/316.0US$102M3.08US$19.6M'25/321.4US$136M5.31US$33.8M'26/3
Shareholders
Top 10 hold 45.8%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.47%
2
NORTHERN TRUST CO. (AVFC) RE IEDP AIF CLIENTS NON TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
4.73%
3
BRIDGESTREAM LIMITED, AS TRUSTEE OF AXC STRATEGIC OPPORTUNITIES DIRECTOR KH ALID OMARI ITON (Standing Proxy: Tachibana Securities Co., Ltd.)
4.71%
4
Sumitomo Mitsui Banking Corporation
4.26%
5
Mizuho Bank, Ltd.
4.26%
6
HIRAKAWA HEWTECH CORP. Employee Stock Ownership Association
4.24%
7
Custody Bank of Japan, Ltd. (Trust Account)
3.64%
8
Kazuo SUMIDA
3.55%
9
Bridgestream Limited, as Trustee of AXC Strategic Opportunities DIRECTOR OF IM YASUTO MONDEN (Standing Proxy: Tachibana Securities Co., Ltd.)
3.55%
10
Fumiko SUMIDA
2.36%
Management
9 officers
Kazuo SUMIDA
Director, Chairman
Mar 1971 Joined the Company May 1984 Director, General Manager of Operations Department May 1986 Managing Director, General Manager of Sales Headquarters Jul 1988 Representative Director, HIKAM AMERICA, INC. (current) Jun 1990 Senior Managing Director Oct 1993 Representative Director, President Mar 1994 Representative Director, HEWTECH SINGAPORE PTE LTD. (current) Jun 2012 Chairman Jun 2014 Director, Chairman (current) Nov 2014 Representative, Hewtech Group (current)
1949-01-02
Yuichi SHINO
Representative Director, President
Apr 1996 Joined the Company Apr 2015 General Manager, Administration Headquarters Apr 2016 Executive Officer, President Jun 2016 Director, Executive Officer, President Jun 2017 Representative Director, Executive Officer, President (current) Apr 2022 General Manager, Sales Headquarters Jan 2023 General Manager, ME Business Division Apr 2025 General Manager, Cable Business Division (current)
1970-09-20
Yuji MEGURO
Director
Mar 1975 Joined the Company Oct 2004 General Manager, General Affairs Department Apr 2006 Executive Officer, General Manager, General Affairs Department May 2009 Executive Officer, Deputy General Manager, Administration Headquarters Jun 2010 Director, General Manager, Administration Headquarters Jun 2012 Representative Director, President Apr 2016 Representative Director Jun 2017 Director (current)
1951-04-05
Takashi HASHIMOTO
Full-time Audit & Supervisory Board Member
Mar 1980 Joined the Company Jul 2010 General Manager, General Affairs Department, Administration Headquarters Jun 2016 Full-time Audit & Supervisory Board Member (current)
1955-12-12
Tetsuro TODA
Director
Apr 1977 Joined Dai Nippon Ink and Chemicals, Inc. Sep 1985 Left Dai Nippon Ink and Chemicals, Inc. Oct 1985 Joined Toda Kogyo Corp. Dec 1987 Development Section Manager, Creation Headquarters, Toda Kogyo Corp. Apr 1994 General Manager, Marketing Department, Corporate Planning Office, Toda Kogyo Corp. Oct 1999 President, Toda Kogyo Europe GmbH Apr 2003 President, Toda America (concurrently) Apr 2007 President, Executive Officer, Ecology Solution Company, Toda Kogyo Corp. Apr 2010 Advisor, Technology Marketing Group Leader, Creation Headquarters, Toda Kogyo Corp. Mar 2015 Technical Director, Next-Generation Battery Materials Development Group Leader, Toda Kogyo Corp. Dec 2017 Left Toda Kogyo Corp. Feb 2018 Toda Consulting (current) Mar 2018 Director, Omura Toryo Co., Ltd. (current) Jun 2022 Outside Director of the Company (current)
1952-12-18
Yuko YAMAMOTO
Director
Dec 2009 Registered as Attorney-at-Law Dec 2009 Joined Toranomon Sogo Law Office Dec 2017 Joined Gyoen-mae Sogo Law Office Nov 2020 Joined Baba & Sawada Law Office (current) Jun 2024 Outside Director of the Company (current)
1975-04-02
Katsuya TAKAMIYA
Director
Apr 1979 Joined Mitsubishi Electric Corporation Dec 1993 Seconded to Mitsubishi Electric Power Products, Inc., USA Jun 1998 Section Manager, First Overseas Power Department, Mitsubishi Electric Corporation Aug 2003 Vice President, Mitsubishi Electric Power Products, Inc., USA Oct 2006 General Manager, Overseas Power Department No. 2, Mitsubishi Electric Corporation Dec 2007 General Manager, Overseas Power Business Division, Mitsubishi Electric Corporation Apr 2010 Executive Officer, Americas Representative, International Division, Mitsubishi Electric Corporation; President and Director, Mitsubishi Electric US, Inc.; President and Director, Mitsubishi Electric US Holdings, Inc.; Chairman, Mitsubishi Electric US Foundation Apr 2014 Managing Executive Officer, in charge of International Affairs and General Manager, International Division, Mitsubishi Electric Corporation Apr 2017 Advisor, Mitsubishi Electric Corporation Jun 2018 Senior Advisor, Mitsubishi Electric Corporation Mar 2021 Senior Advisor, Mitsubishi Electric Corporation (retired) Jun 2025 Outside Director of the Company (current)
1955-11-21
Yasuhiro EBE
Audit & Supervisory Board Member
Oct 1990 Joined Kato Certified Public Accountants Office (currently SK Tokyo Audit Corporation) Mar 1993 Registered as Certified Public Accountant May 2001 Appointed Managing Partner of the audit corporation Jun 2015 Outside Audit & Supervisory Board Member of the Company (current)
1962-03-28
Yusuke MIKI
Audit & Supervisory Board Member
Sep 2018 Registered as Certified Tax Accountant Oct 2019 Opened own tax accounting office (current) Jun 2026 Outside Audit & Supervisory Board Member of the Company (current)
1985-06-05
Large Shareholding Reports
Axium Capital Pte. Ltd.
2026-07-28
8.65%→9.01%
Axium Capital Pte. Ltd.
2026-06-05
8.03%→7.68%
Axium Capital Pte. Ltd.
2026-06-05
8.03%→8.16%
Axium Capital Pte. Ltd.
2026-06-05
8.16%→8.65%
Axium Capital Pte. Ltd.
2026-05-22
8.03%→8.16%
Axium Capital Pte. Ltd.
2026-04-07
5.92%→8.03%
Axium Capital Pte. Ltd.
2026-01-09
5.52%→5.92%
Axium Capital Pte. Ltd.
2025-10-22
5.52%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-28
Large Shareholding Report
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-06-05
Change Report
EDINET
2026-06-05
Large Shareholding Report
EDINETAmended
2026-06-05
Change Report
EDINET
2026-05-22
Large Shareholding Report
EDINET
2026-04-07
Large Shareholding Report
TDnet
2026-02-03
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-09
Large Shareholding Report
EDINET
2025-11-06
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-22
Large Shareholding Report
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-06-27
Amended Annual Securities Report
Period: Apr 2019 – Mar 2020
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2025-06-27
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2025-06-27
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINETAmended
2025-06-27
Amended Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2025-06-27
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2025-06-27
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
TDnet
2025-02-04
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-06
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-01
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-07
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-04
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-07
Quarterly Securities Report
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