Overview
Metal Products

NIPPON FILCON CO.,LTD.

Nippon Filcon is a diversified industrial manufacturer primarily engaged in the production and sale of industrial functional filters and conveyors, including papermaking fabrics (paper/pulp forming wires) and various specialty industrial wire mesh products. The company also operates an electronic components and photomask business, encompassing photo-etching and photomask manufacturing and sales. Additional business segments include environmental and water treatment solutions, and real estate leasing.

Market Cap
¥12.8B
US$81.4M
EV
¥15.9B
US$102M
Stock¥669▼-0.30%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.9
x
LTM EV/EBIT
10.0
x
LTM PER
NM
LTM PBR
0.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-1.4%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 1, 26Q2 FY2026/11 earnings announced
2Oct 1, 26Q3 earnings release & second revision of FY2026/11 full-year guidance (prior plan: operating profit ¥900M, +34.7% YoY)
MC → EV Bridge
12.8BUS$81.4MMarket Cap11.7BUS$74.7M+ Debt5.32BUS$33.9M− Cash3.67BUS$23.4M− Inv. Sec.0.45BUS$2.87M+ NCI15.9BUS$102MEV
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Performance & Balance
Revenue 5Y (¥B)
24.8US$158M'21/1126.0US$165M'22/1128.0US$178M'23/1128.6US$183M'24/1127.8US$178M'25/11
EBITDA 5Y (¥B)
2.34US$15.0M'21/112.48US$15.8M'22/112.18US$13.9M'23/112.61US$16.6M'24/112.57US$16.4M'25/11
Net Income 5Y (¥B)
1.08US$6.91M'21/111.08US$6.87M'22/111.27US$8.10M'23/110.62US$3.97M'24/11-0.73-US$4.63M'25/11
Capital Structure
66%
34%
EquityD/E 0.50xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
9.95US$63.5M9.79US$62.5M'21/119.06US$57.8M11.0US$70.3M'22/118.01US$51.1M10.5US$67.1M'23/117.76US$49.5M11.2US$71.6M'24/118.39US$53.5M11.8US$75.3M'25/11
Shareholders
Top 10 hold 40.7%
1
Oji Holdings Corporation
13.91%
2
Daio Paper Corporation
9.36%
3
NIPPON FILCON CO.,LTD. Employee Stock Ownership Association
7.03%
4
Nippon Paper Industries Co.,Ltd.
4.90%
5
Nippon Felt Company Limited
1.55%
6
Masahiro TAKEDA
1.20%
7
Meiji Yasuda Life Insurance Company
1.03%
8
Hiroyuki NAKURA
0.77%
9
Yoshiharu SAITO
0.60%
10
Tokio Marine & Nichido Fire Insurance Co., Ltd.
0.36%
Management
10 officers
Hiroyuki NAKURA
Representative Director, President and Executive Officer
Apr 1982 Joined the Company Feb 2006 General Manager, Technology Development Department, Paper Products Business Division Dec 2009 General Manager, Technology Development Department, Paper and Functional Fabrics Business Division; concurrently Plant Manager, Shizuoka Plant, Paper and Functional Fabrics Business Division Dec 2010 General Manager, Corporate Research and Development Department Sep 2011 General Manager, Corporate Research and Development Department; concurrently General Manager, Electronics Solutions Business Division Feb 2012 Director; General Manager, Corporate Research and Development Department; concurrently General Manager, Electronics Solutions Business Division Dec 2012 Director; General Manager, Corporate Research and Development Department Feb 2014 Representative Director, President of the Company Feb 2015 Representative Director, President and Executive Officer of the Company (current)
1958-11-16
Yoshiharu SAITO
Senior Managing Director, Senior Managing Executive Officer; in charge of Administration and Corporate Planning
Apr 1984 Joined the Company Dec 2010 General Manager, Corporate Planning and Finance Department Feb 2012 Director; General Manager, Corporate Planning and Finance Department Feb 2014 Director; in charge of Administration and Corporate Planning; concurrently General Manager, Administration Division and General Manager, Corporate Planning Office Feb 2015 Director, Senior Executive Officer; in charge of Administration and Corporate Planning; concurrently General Manager, Administration Division and General Manager, Corporate Planning Office Feb 2016 Managing Director, Managing Executive Officer; in charge of Administration and Corporate Planning; concurrently General Manager, Administration Division and General Manager, Corporate Planning Office Feb 2020 Senior Managing Director, Senior Managing Executive Officer; in charge of Administration and Corporate Planning; concurrently General Manager, Administration Division and General Manager, Corporate Planning Office Feb 2021 Senior Managing Director, Senior Managing Executive Officer; in charge of Administration and Corporate Planning; concurrently General Manager, Corporate Planning Office Jan 2026 Representative Director, President, Aqua Product Co., Ltd. (current) Feb 2026 Senior Managing Director, Senior Managing Executive Officer; in charge of Administration and Corporate Planning of the Company (current)
1962-02-24
Akinobu SANO
Managing Director, Managing Executive Officer; in charge of Paper and Functional Fabrics Business
Apr 1989 Joined the Company Mar 2014 General Manager, Technology Development Department, Paper and Functional Fabrics Company Feb 2016 General Manager, Technology Department, Paper and Functional Fabrics Company Feb 2017 Deputy Company President, Paper and Functional Fabrics Company; concurrently General Manager, EF Market Development Department and General Manager, Technology Department, Paper and Functional Fabrics Company Feb 2018 Executive Officer; Deputy Company President, Paper and Functional Fabrics Company; concurrently General Manager, EF Market Development Department and General Manager, Technology Department, Paper and Functional Fabrics Company Dec 2018 Representative Director, President, Filcon America, Inc. (current) Jan 2019 Representative, FILCON EUROPE SARL Feb 2019 Executive Officer; Head of Paper and Functional Fabrics Company Feb 2022 Director, Senior Executive Officer; in charge of Paper and Functional Fabrics Business; Head of Paper and Functional Fabrics Company Feb 2023 Director, Senior Executive Officer; in charge of Paper and Functional Fabrics Business Feb 2024 Managing Director, Managing Executive Officer; in charge of Paper and Functional Fabrics Business (current)
1966-04-29
Kunihiro NOMURA
Managing Director, Managing Executive Officer; in charge of Corporate Research and Development Office and Fine Electronics Business; in charge of Innovation and Growth Strategy
Apr 1988 Joined the Company Feb 2016 General Manager, Development Department, Paper and Functional Fabrics Company Feb 2017 General Manager, Development Department, Paper and Functional Fabrics Company; concurrently Deputy General Manager, Corporate Research and Development Office Apr 2017 General Manager, Development Department, Paper and Functional Fabrics Company; concurrently General Manager, Corporate Research and Development Office Feb 2019 Deputy Company President, Paper and Functional Fabrics Company; concurrently General Manager, Development Department, Paper and Functional Fabrics Company and General Manager, Corporate Research and Development Office Feb 2020 Executive Officer; General Manager, Corporate Research and Development Office; concurrently Deputy Company President, Paper and Functional Fabrics Company, General Manager, Development Department, Paper and Functional Fabrics Company, and General Manager, AdSep Business Promotion Department Apr 2021 Executive Officer; General Manager, Corporate Research and Development Office; concurrently Deputy Company President, Paper and Functional Fabrics Company and General Manager, Development Department, Paper and Functional Fabrics Company Feb 2022 Director, Senior Executive Officer; in charge of Corporate Research and Development Office and Fine Electronics Business; Head of Fine Electronics Company Feb 2024 Managing Director, Managing Executive Officer; in charge of Corporate Research and Development Office and Fine Electronics Business; in charge of Innovation and Growth Strategy (current)
1965-12-30
Takehito KUJI
Director, Senior Executive Officer; in charge of Fine Electronics Business; Head of Fine Electronics Company
Apr 1988 Joined the Company Feb 2017 General Manager, Planning Department, Fine Electronics Company Feb 2020 Deputy Company President, Fine Electronics Company; concurrently General Manager, Planning Department, Fine Electronics Company Feb 2021 Executive Officer; Deputy Company President, Fine Electronics Company; concurrently General Manager, Sales Department, Fine Electronics Company Jan 2022 Representative Director, President, SDI Electronics Japan Co., Ltd. (current) Feb 2024 Director, Senior Executive Officer; in charge of Fine Electronics Business; Head of Fine Electronics Company of the Company (current)
1964-09-26
Minoru ABE
Director
Apr 1981 Joined Mitsui & Co., Ltd. Oct 2000 Chief, First Group, Project Department No. 3, Plant Project Division, Mitsui & Co., Ltd. Aug 2005 General Manager, Internal Control Office, Metals and Energy Division, Mitsui & Co., Ltd. Mar 2010 General Manager, Non-ferrous Raw Materials Department No. 2, Metals Resources Division, Mitsui & Co., Ltd. Apr 2013 Inspector, Internal Audit Department, Mitsui & Co., Ltd. Mar 2015 General Manager, Audit Operations Management Office, Internal Audit Department, and Inspector, Mitsui & Co., Ltd. Dec 2016 General Manager, Planning and Operations Office, Internal Audit Department, and Inspector, Mitsui & Co., Ltd. Apr 2021 Senior Advisor, Personnel and General Affairs Office, Food Division, Mitsui & Co., Ltd. Jan 2024 Retired from Mitsui & Co., Ltd. Feb 2024 Outside Director of the Company (current)
1959-03-01
Yuko INO
Director
Apr 1999 Registered as an attorney in Japan (Tokyo Bar Association); joined Yanagida Nomura Law Office (now Yanagida & Partners) Sep 2006 Joined Ito Mitomi Law Office (now Morrison Foerster Law Office) Oct 2006 Registered as an attorney in New York State Jan 2011 Joined Orrick Tokyo Law Office, Foreign Law Joint Enterprise Jan 2015 Partner, Orrick Tokyo Law Office, Foreign Law Joint Enterprise Jun 2023 Shareholder (Partner), Greenberg Traurig / GT Tokyo Law Office (current) Feb 2024 Outside Director of the Company (current)
1968-09-03
Yutaka AOKI
Director, Full-time Audit and Supervisory Committee Member
Apr 1985 Joined the Company Dec 2010 General Manager, Production Control Department, Paper and Functional Fabrics Business Division Jan 2011 General Manager, Production Control Department, Paper and Functional Fabrics Business Division; concurrently Representative Director, President, FILCON FABRICS & TECHNOLOGY CO., LTD. Sep 2014 General Manager, Human Resources and General Affairs Department, Administration Division; concurrently General Manager, Environment and Facilities Management Department, Administration Division Feb 2016 General Manager, Human Resources and General Affairs Department, Administration Division Feb 2018 Deputy Division Head, Administration Division; concurrently General Manager, Human Resources and General Affairs Department, Administration Division Oct 2018 Deputy Division Head, Administration Division; concurrently General Manager, Human Resources and General Affairs Department and General Manager, Environment and Facilities Management Department, Administration Division Feb 2020 Executive Officer; Deputy Division Head, Administration Division; concurrently General Manager, Human Resources and General Affairs Department and General Manager, Environment and Facilities Management Department, Administration Division Feb 2021 Executive Officer; Division Head, Administration Division; concurrently General Manager, Human Resources and General Affairs Department, Administration Division Feb 2022 Executive Officer; Division Head, Administration Division Feb 2023 Audit & Supervisory Board Member of the Company Feb 2024 Director, Full-time Audit and Supervisory Committee Member of the Company (current)
1962-12-21
Akihiro SASAKI
Director, Audit and Supervisory Committee Member
Apr 1987 Joined Mitsubishi Trust and Banking Corporation (now Mitsubishi UFJ Trust and Banking Corporation) May 2011 Deputy General Manager, Corporate Planning Department, Mitsubishi UFJ Trust and Banking Corporation Jun 2014 Executive Officer; Officer in charge, Corporate Planning Department, Mitsubishi UFJ Trust and Banking Corporation Aug 2014 Executive Officer; Deputy General Manager, New York Branch, Mitsubishi UFJ Trust and Banking Corporation Jun 2015 Executive Officer; General Manager, New York Branch and General Manager, Cayman Branch, Mitsubishi UFJ Trust and Banking Corporation Apr 2018 Executive Officer, Mitsubishi UFJ Trust and Banking Corporation; Representative Director, President, Japan Shareholder Services Co., Ltd. Apr 2019 Retired as Executive Officer, Mitsubishi UFJ Trust and Banking Corporation; Representative Director, President, Japan Shareholder Services Co., Ltd. Apr 2021 Representative Director, President, Ryoshin Urban Development Co., Ltd. Feb 2022 Outside Audit & Supervisory Board Member of the Company Apr 2023 Representative Director, President, Ryoshin Holdings Co., Ltd. (current); Director, Ryoshin Urban Development Co., Ltd. (current); Director, RY Insurance Service Co., Ltd. (current); Director, Ryoshin Real Estate Appraisal & Research Co., Ltd. Feb 2024 Outside Director, Audit and Supervisory Committee Member of the Company (current)
1964-06-21
Naoko KIMURA
Director, Audit and Supervisory Committee Member
Apr 1983 Joined Tokyo Metropolitan Government Dec 1989 Joined Aoyama Audit Corporation (now PricewaterhouseCoopers Japan LLC) Aug 1993 Registered as Certified Public Accountant Jan 1997 Joined Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Jul 2007 Partner, Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Sep 2022 Retired from Deloitte Touche Tohmatsu LLC Oct 2022 Head, Kimura Certified Public Accountant Office (current) Feb 2023 Outside Audit & Supervisory Board Member of the Company Jun 2023 Outside Director, Audit and Supervisory Committee Member, Comchua Co., Ltd. (current) Aug 2023 Partner, Audit Corporation Growth (current) Feb 2024 Outside Director, Audit and Supervisory Committee Member of the Company (current)
1960-10-31
Large Shareholding Reports
Oji Holdings Corporation
2026-07-08
12.18%→10.96%
Annual report (as of 2026-05-31): 13.91%
Nippon Paper Industries Co., Ltd.
2026-01-16
5.69%→4.29%
Annual report (as of 2026-05-31): 4.90%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-01
Q3 Earnings Flash
FY ending Nov 2026
EDINET
2026-07-08
Large Shareholding Report
EDINET
2026-07-03
Semi-Annual Securities Report
Period: Dec 2025 – Nov 2026
TDnet
2026-07-01
Q2 Earnings Flash
FY ending Nov 2026
TDnet
2026-04-01
Q1 Earnings Flash
FY ending Nov 2026
EDINET
2026-02-25
Annual Securities Report
Period: Dec 2024 – Nov 2025
EDINET
2026-01-16
Large Shareholding Report
TDnet
2025-10-01
Q3 Earnings Flash
FY ending Nov 2025
EDINET
2025-07-04
Semi-Annual Securities Report
Period: Dec 2024 – Nov 2025
TDnet
2025-04-01
Q1 Earnings Flash
FY ending Nov 2025
EDINET
2025-02-26
Annual Securities Report
Period: Dec 2023 – Nov 2024
EDINET
2024-07-05
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-04-05
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-02-27
Annual Securities Report
Period: Dec 2022 – Nov 2023
EDINET
2023-10-06
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-07
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-04-07
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINET
2023-02-24
Annual Securities Report
Period: Dec 2021 – Nov 2022
EDINET
2022-10-07
Quarterly Securities Report
EDINET
2022-07-08
Quarterly Securities Report
EDINET
2022-04-08
Quarterly Securities Report
EDINET
2022-02-24
Annual Securities Report
EDINET
2021-10-06
Quarterly Securities Report
TDnet
2021-07-08
Q2 Earnings Flash
FY ending Nov 2021
EDINET
2021-07-08
Quarterly Securities Report
EDINET
2021-04-08
Quarterly Securities Report
EDINET
2021-02-24
Annual Securities Report
EDINETAmended
2021-02-24
Amended Annual Securities Report
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