Overview
Metal Products

FUJIMAK CORPORATION

Fujimak is a comprehensive manufacturer and seller of commercial kitchen equipment, offering a broad product lineup including thermal equipment, refrigeration units, dishwashing and sterilization machines, bakery equipment, and automated food service solutions. The company serves diverse end markets including restaurants, hospitals, welfare facilities, hotels, school cafeterias, and food factories, and provides integrated services ranging from kitchen design and custom installation to after-sales maintenance. Fujimak differentiates itself through IoT-enabled solutions such as the cloud-based temperature management system 'KitchenLink Cloud' and labor-saving innovations including the 'finibo' automatic dish-sorting robot.

Market Cap
¥15.0B
US$95.9M
EV
¥4.15B
US$26.4M
Stock¥1,147▼-0.78%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
1.1
x
LTM EV/EBIT
1.4
x
LTM PER
3.7
x
LTM PBR
0.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.1%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Mar 16, 26FY results announcement, sustained strong growth
MC → EV Bridge
15.0BUS$95.9MMarket Cap6.05BUS$38.6M+ Debt13.3BUS$85.1M− Cash3.73BUS$23.8M− Inv. Sec.0.13BUS$0.85M+ NCI4.15BUS$26.4MEV
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Performance & Balance
Revenue 5Y (¥B)
29.4US$187M'21/1232.4US$207M'22/1238.5US$245M'23/1245.6US$291M'24/1247.4US$303M'25/12
EBITDA 5Y (¥B)
1.53US$9.78M'21/121.82US$11.6M'22/122.82US$18.0M'23/124.14US$26.4M'24/123.95US$25.2M'25/12
Net Income 5Y (¥B)
0.65US$4.14M'21/120.99US$6.33M'22/121.67US$10.7M'23/122.27US$14.5M'24/122.34US$14.9M'25/12
Capital Structure
83%
EquityD/E 0.21xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
11.3US$72.3M3.86US$24.6M'21/1210.7US$68.4M3.68US$23.4M'22/1211.9US$75.9M4.44US$28.3M'23/1213.1US$83.5M5.03US$32.1M'24/1211.4US$72.8M4.73US$30.2M'25/12
Shareholders
Top 10 hold 61.7%
1
Novax Co., Ltd.
34.16%
2
Toshinori KUMAGAI
8.09%
3
FUJIMAK CORPORATION Employee Stock Ownership Association
4.23%
4
Sumitomo Mitsui Banking Corporation
3.28%
5
Mizuho Bank, Ltd.
2.90%
6
Toshishige KUMAGAI
2.73%
7
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
2.13%
8
Tokiwa Stainless Steel Industry Co., Ltd.
1.96%
9
TOC Co.,Ltd.
1.31%
10
Hikari No. 1 Dividend-Focused Investment Limited Partnership
0.95%
Management
10 officers
Toshinori KUMAGAI
Representative Director, Chairman
Mar 1974 Joined the Company Feb 1983 Director Nov 1983 Managing Director Dec 1987 Representative Director, Novax Co., Ltd. (current) Apr 1989 Director, Vice President Mar 1990 Representative Director, FUJIMAK GUAM CORPORATION Oct 1990 Representative Director, President Jul 2000 Representative Director, Extein Co., Ltd. (current: Fujimac Neo Co., Ltd.) Mar 2001 Representative Director, Epic Co., Ltd. Apr 2003 Representative Director, FUJIMAK FOOD SERVICE EQUIPMENT (S) PTE. LTD. May 2003 Chairman, Fujimak Co., Ltd. (China) Jun 2003 President, Japan Commercial Kitchen Equipment Manufacturers Association Sep 2003 Chairman, Fujimak Trading (Shanghai) Co., Ltd. Apr 2004 Chairman, Fujimak Kitchen Equipment (Shanghai) Co., Ltd. Feb 2006 Representative Director, GCS Co., Ltd. Jun 2007 Representative Director, Ito Transport Service Co., Ltd. (current: Triance Co., Ltd.) Jun 2009 Representative Director, Chairman Feb 2010 Representative Director, Chairman and President Jun 2010 Representative Director, President Jan 2011 Representative Director, President and Head of Sales Division Feb 2012 Chairman, Fujimak Hong Kong Co., Ltd. Jul 2012 Representative Director, President, Head of Sales Division and Head of R&D Division Jan 2013 Representative Director, FUJIMAK (THAILAND) CO., LTD. Mar 2013 Representative Director, NEOSYS VIETNAM CO., LTD. (current: FUJIMAK VIETNAM MANUFACTURING CO., LTD.) (current) Jun 2013 Representative Director, President, Head of Administration Division, Head of Sales Division and Head of R&D Division Nov 2013 Representative Director, Fujioka Kitchen Co., Ltd. (current: Nihon Kitchen Co., Ltd.) Jan 2014 Representative Director, FUJIMAK (CAMBODIA) CO., LTD. Nov 2015 Representative Director, President, Head of Administration Division, Head of Sales Division, Head of Manufacturing Division and Head of R&D Division Jun 2016 Representative Director, President, Head of Administration Division, Head of Manufacturing Division and Head of R&D Division Jul 2017 Representative Director, President, Head of Administration Division and Head of Manufacturing Division Apr 2018 Representative Director, Chairman (current)
1954-09-11
Koji KUMAGAI
Representative Director, President
Apr 2006 Joined Mizuho Bank, Ltd. May 2011 Joined the Company Jan 2016 Representative Director, Novax Co., Ltd. (current) Apr 2016 General Manager, Market Development Department, Sales Division Jun 2016 Director, General Manager, Market Development Department, Sales Division Sep 2016 Director, General Manager, Corporate Planning Office, General Manager, Market Development Department, Sales Division Apr 2017 Director, General Manager, Corporate Planning Office, General Manager, Tokyo Business Division Jun 2017 Senior Managing Director, General Manager, Corporate Planning Office, Deputy Head of Sales Division, General Manager, Tokyo Business Division Apr 2018 Representative Director, President, General Manager, Corporate Planning Office, Head of Administration Division May 2018 Representative Director, President, General Manager, Corporate Planning Office Jun 2018 Representative Director, President (current) Nov 2019 Chairman, Fujimak Co., Ltd. (China) Dec 2019 Chairman, Fujimak Hong Kong Co., Ltd. Dec 2019 Representative Director, FUJIMAK (THAILAND) CO., LTD. Jan 2020 Representative Director, FUJIMAK GUAM CORPORATION Mar 2020 Representative Director, GCS Co., Ltd. May 2020 Representative Director, FUJIMAK FOOD SERVICE EQUIPMENT (S) PTE. LTD.
1982-12-02
Taisei RIKIMARU
Director, Executive Vice President and Head of Sales Division
Apr 1979 Joined Sumitomo Bank, Ltd. (current: Sumitomo Mitsui Banking Corporation) Apr 2002 Shibuya Block General Manager, same bank Apr 2004 Akashi Block General Manager, same bank Apr 2006 Musashino Block General Manager, same bank Apr 2010 Joined the Company, Deputy Head of Sales Division Jun 2010 Deputy Head of Sales Division, General Manager, Market Development Department Jun 2010 Director, Deputy Head of Sales Division, General Manager, Market Development Department Jan 2011 Director, Deputy Head of Sales Division, General Manager, Market Development Department, General Manager, Tokyo Business Division Apr 2013 Managing Director, Deputy Head of Sales Division, General Manager, Market Development Department, General Manager, Tokyo Business Division Apr 2016 Managing Director, Deputy Head of Sales Division, General Manager, Tokyo Business Division Jun 2016 Senior Managing Director, Head of Sales Division, General Manager, Tokyo Business Division Apr 2017 Senior Managing Director, Head of Sales Division, General Manager, Market Development Department Apr 2020 Director, Executive Vice President, Head of Sales Division, General Manager, Market Development Department Mar 2024 Director, Executive Vice President, Head of Sales Division (current)
1956-01-11
Yuto KUMAGAI
Director, Senior Managing Executive Officer, Deputy Head of Sales Division, General Manager, Market Development Department, General Manager, Food Business Development Department
Jan 2010 Joined the Company Apr 2015 General Manager, First Market Development Department, Sales Division, General Manager, Customer Support Department, Global Solutions Office, Overseas Division Jun 2016 Director, General Manager, First Market Development Department, Sales Division, General Manager, Customer Support Department, Global Solutions Office, Overseas Division Apr 2018 Director, Deputy Head of Sales Division, General Manager, First Market Development Department, General Manager, Customer Support Department, Global Solutions Office, Overseas Division Apr 2020 Director, Managing Executive Officer, Deputy Head of Sales Division, General Manager, First Market Development Department, General Manager, Customer Support Department, Global Solutions Office, Sales Division Mar 2023 Director, Senior Managing Executive Officer, Deputy Head of Sales Division, General Manager, First Market Development Department, General Manager, Customer Support Department, Global Solutions Office, Sales Division Jan 2024 Director, Senior Managing Executive Officer, Deputy Head of Sales Division, General Manager, First Market Development Department, General Manager, Customer Support Department, General Manager, Food Business Development Department, Global Solutions Office, Sales Division Mar 2024 Director, Senior Managing Executive Officer, Deputy Head of Sales Division, General Manager, Market Development Department, General Manager, Food Business Development Department (current)
1984-03-03
Yuki HATTA
Director, Senior Managing Executive Officer, Deputy Head of Sales Division (in charge of Western Japan)
Apr 1978 Joined the Company Apr 2006 General Manager, Osaka Sales Department Apr 2008 General Manager, Kinki Business Division, General Manager, Osaka Sales Department Apr 2013 Executive Officer, General Manager, Kinki Business Division, General Manager, Osaka Sales Department Jun 2016 Director, General Manager, Kinki Business Division, General Manager, Osaka Sales Department Jun 2017 Managing Director, General Manager, Kinki Business Division, General Manager, Osaka Sales Department Apr 2020 Director, Managing Executive Officer, General Manager, Kinki Business Division, General Manager, Osaka Sales Department Apr 2023 Director, Managing Executive Officer, General Manager, Kinki Business Division Jan 2025 Director, Senior Managing Executive Officer, Deputy Head of Sales Division (in charge of Western Japan) (current)
1955-03-11
Satoshi MURAOKA
Director, Managing Executive Officer, General Manager, Chugoku-Shikoku Business Division
Apr 1980 Joined the Company Apr 2002 Branch Manager, Hiroshima Branch Apr 2006 General Manager, Nagoya Sales Department Apr 2007 General Manager, Nagoya Business Division, General Manager, Nagoya Sales Department Dec 2009 General Manager, Chugoku-Shikoku Business Division Apr 2010 General Manager, Chugoku-Shikoku Business Division, General Manager, Hiroshima Sales Department Apr 2013 Executive Officer, General Manager, Chugoku-Shikoku Business Division, General Manager, Hiroshima Sales Department Jun 2016 Director, General Manager, Chugoku-Shikoku Business Division, General Manager, Hiroshima Sales Department Oct 2019 Director, General Manager, Chugoku-Shikoku Business Division Apr 2020 Director, Executive Officer, General Manager, Chugoku-Shikoku Business Division Jan 2021 Director, Executive Officer, General Manager, Chugoku-Shikoku Business Division, General Manager, Hiroshima Sales Department Mar 2021 Director, Managing Executive Officer, General Manager, Chugoku-Shikoku Business Division, General Manager, Hiroshima Sales Department Apr 2023 Director, Managing Executive Officer, General Manager, Chugoku-Shikoku Business Division (current)
1957-03-10
Masaru HACHIYA
Director, Senior Executive Officer, General Manager, Kanto Business Division
Apr 1986 Joined the Company Apr 2010 Leader, Sales Promotion Group, Sales Planning Department, Sales Division Jul 2014 General Manager, Hokkaido Business Division Apr 2018 Executive Officer, General Manager, Kanto Business Division Mar 2024 Director, Senior Executive Officer, General Manager, Kanto Business Division (current)
1962-12-20
Masaaki HISATOMI
Director, Full-time Audit and Supervisory Committee Member
Apr 1977 Joined Nichimen Corporation (current: Sojitz Corporation) Feb 1999 General Manager, Accounting Department, Residential and Lifestyle Industry Sales Division, same company Apr 2004 Executive Officer, General Manager, Administration Division, CFO and CIO, Nakau Co., Ltd. May 2007 Representative Director, President (COO), GM Foods Co., Ltd. Jun 2008 General Manager, Audit Office, General Manager, Purchasing Control Office, Zensho Holdings Co., Ltd. Jul 2009 Director, CFO, Propia Co., Ltd. Jan 2011 Joined the Company, General Manager, Internal Audit Office Jun 2015 Director, Full-time Audit and Supervisory Committee Member (current)
1954-01-01
Kazuaki WAKAUMI
Director, Audit and Supervisory Committee Member
Apr 1975 Joined Nagasakiya Co., Ltd. Jul 1978 Joined Takahashi Shoji Certified Public Accountant Office Apr 1985 Registered as Certified Tax Accountant, Tokyo Tax Accountants Association Jan 1992 Audit & Supervisory Board Member Jul 1992 Director, Wakaumi Tax and Accounting Office (current) Jun 2015 Director, Audit and Supervisory Committee Member (current)
1952-12-28
Kiri KAGAWA
Director, Audit and Supervisory Committee Member
Nov 2009 Joined Legal Training and Research Institute of the Supreme Court of Japan Dec 2010 Registered as Attorney-at-Law, Tokyo Bar Association; joined a law firm in Tokyo in the same month Oct 2013 Established Kagawa Law Office, Representative Attorney (current) Mar 2025 Director, Audit and Supervisory Committee Member (current)
1983-05-24
Large Shareholding Reports
Novax Co., Ltd.
2025-08-06
31.37%→31.37%
Annual report (as of 2026-06-30): 34.16%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-07
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-30
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2025-08-06
Large Shareholding Report
TDnet
2025-05-13
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-31
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-29
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-31
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-31
Annual Securities Report
EDINETAmended
2022-03-09
Amended Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-31
Annual Securities Report
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