Overview
Metal Products

MOLITEC STEEL CO.,LTD.

Moritech Steel is a specialized steel company engaged in three core businesses: the wholesale trading of special strip steel (polished special strip steel, hot-rolled steel strip, stainless steel strip) and general steel materials; the manufacture and sale of hardened steel strip (including bainite steel strip) using special strip steel as the primary raw material; and the manufacture and sale of sheet metal processed products including cord reels and mainsprings. The company serves a broad range of durable consumer goods industries and has established itself as a world-leading brand in wide-width hardened steel strip with over half a century of expertise in heat treatment technology. Its R&D activities focus on clean energy concepts, combining advanced processing and heat treatment technologies to develop unit products for diverse industrial applications.

Market Cap
¥5.89B
US$37.6M
EV
¥2.04B
US$13.0M
Stock¥263▼-2.23%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
1.5
x
LTM EV/EBIT
3.1
x
LTM PER
4.6
x
LTM PBR
0.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+8.3%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Sep 28, 26Booked ¥747M gain on securities sale, raised FY net profit forecast from ¥500M to ¥1.01B
MC → EV Bridge
5.89BUS$37.6MMarket Cap5.56BUS$35.5M+ Debt6.13BUS$39.1M− Cash3.38BUS$21.5M− Inv. Sec.0.09BUS$0.57M+ NCI2.04BUS$13.0MEV
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Performance & Balance
Revenue 5Y (¥B)
27.6US$176M'22/336.3US$232M'23/350.8US$324M'24/350.5US$322M'25/348.2US$307M'26/3
EBITDA 5Y (¥B)
1.08US$6.86M'22/30.84US$5.37M'23/31.00US$6.39M'24/31.14US$7.29M'25/31.20US$7.68M'26/3
Net Income 5Y (¥B)
0.25US$1.62M'22/3-0.70-US$4.49M'23/30.31US$1.99M'24/30.33US$2.10M'25/31.04US$6.65M'26/3
Capital Structure
75%
25%
EquityD/E 0.34xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
4.29US$27.4M1.43US$9.14M'22/36.68US$42.6M5.67US$36.2M'23/38.50US$54.2M5.51US$35.1M'24/37.51US$47.9M6.39US$40.8M'25/37.99US$51.0M5.30US$33.8M'26/3
Shareholders
Top 10 hold 37.9%
1
NIPPON STEEL CORPORATION
10.02%
2
Nippon Life Insurance Company
5.67%
3
MUFG Bank, Ltd.
4.33%
4
Kansai Mirai Bank, Limited
4.29%
5
Kimihito MIZUMOTO
2.81%
6
Daido Life Insurance Company
2.68%
7
Hiroyuki MORI
2.29%
8
Satoshi ENOMOTO
2.24%
9
Yasuyuki MORI
1.89%
10
MOLITEC STEEL CO.,LTD. Employee Stock Ownership Association
1.69%
Management
9 officers
Takashi KADO
Representative Director, President
Apr 1984 Joined the Company Jun 1992 Hokkaido Branch Manager, Sales Division Apr 2004 Tokyo Branch Manager, Steel Strip Sales Department Jun 2007 Director; Tokyo Branch Manager, Steel Strip Sales Department Jun 2008 Director; Deputy General Manager, East Japan Sales Department, Steel Strip Sales Division; concurrently Tokyo Branch Manager Apr 2012 Director; Deputy General Manager, Sales Division; concurrently Tokyo Branch Manager Jun 2012 Director; General Manager, Overseas Business Division and Global Business Planning Department; Deputy General Manager, Sales Division; concurrently Tokyo Branch Manager Apr 2013 Director; General Manager, Overseas Business Division and Global Business Planning Department; Deputy General Manager, Sales Division; concurrently General Manager, East Japan Sales Department and Nagoya Office Manager May 2014 Director; General Manager, Overseas Business Division, Overseas Business Department and Global Business Planning Department; Deputy General Manager, Sales Division; concurrently General Manager, East Japan Sales Department and Nagoya Office Manager Apr 2015 Director; General Manager, Overseas Business Division; Deputy General Manager, Sales Division; concurrently Hokkaido Office Manager Jun 2015 Managing Director and Executive Officer; General Manager, Overseas Business Division; Deputy General Manager, Sales Division; concurrently Hokkaido Office Manager Apr 2017 Managing Director and Executive Officer; Deputy General Manager, Manufacturing Division; concurrently Manager, Mie Oyama Plant Jun 2019 Representative Director, President (current)
1961-07-08
Taiji IWASAKI
Managing Director and Executive Officer, General Manager, Development Division
Apr 1990 Joined Nissho Iwai Corporation Jan 1999 General Manager, Detroit Branch, NIFAST Corporation Apr 2004 Managing Director, NIFAST Hungary Kft. Jun 2010 General Manager, Tokyo Second Sales Department, Metal One Specialty Steel Corporation Oct 2012 General Manager, Osaka Third Sales Department, Metal One Specialty Steel Corporation Apr 2014 Deputy Branch Manager, Osaka, Metal One Corporation Apr 2017 President and CEO, NIFAST Corporation Apr 2019 Joined the Company Oct 2019 General Manager, Overseas Business Department, Overseas Business Division Apr 2020 Executive Officer; General Manager, Overseas Business Department, Overseas Business Division; General Manager, Business Promotion Department, Sales Division Apr 2021 Senior Executive Officer; General Manager, Product Business Department, Sales Division; General Manager, Overseas Business Department Apr 2022 Senior Executive Officer; General Manager, Steel Products Division; Manager, Tokyo Branch; General Manager, Overseas Business Department Oct 2022 Senior Executive Officer; General Manager, Steel Products Division; Manager, Tokyo Branch; Manager, Hiroshima Office; General Manager, Overseas Business Department Apr 2023 Senior Executive Officer; General Manager, Steel Products Division; General Manager, Overseas Business Department Jun 2023 Director and Senior Executive Officer; General Manager, Steel Products Division; General Manager, Overseas Business Department Apr 2024 Director and Senior Executive Officer; General Manager, Steel Products Division Apr 2025 Director and Senior Executive Officer; General Manager, Development Division Jun 2025 Managing Director and Executive Officer; General Manager, Development Division (current) Responsibilities: Assistant to the President; General Manager, Development Division
1967-05-11
Ryota OKAWA
Director, Senior Executive Officer, General Manager, Production Division
Apr 1992 Joined the Company Jul 2011 General Manager, Operations Department, Mie Oyama Plant Apr 2012 General Manager, Procurement Control Department, Mie Oyama Plant, Manufacturing Division Apr 2017 Executive Officer; Manager, Tokyo Branch, Sales Division Jun 2017 Executive Officer; Manager, Tokyo Branch, Sales Division; concurrently Manager, Tohoku Office Apr 2021 Executive Officer; Manager, Tokyo Branch, Product Business Department, Sales Division Apr 2022 Executive Officer; Manager, Mie Oyama Plant, Production Division Apr 2023 Senior Executive Officer; Deputy General Manager, Product Division; concurrently Manager, Mie Oyama Plant Apr 2024 Senior Executive Officer; General Manager, Product Division Jun 2024 Director and Senior Executive Officer; General Manager, Product Division Apr 2025 Director and Senior Executive Officer; General Manager, Production Division (current) Responsibilities: General Manager, Production Division
1968-10-22
Shozo TANAKA
Director, Senior Executive Officer, General Manager, Administration Division
Apr 1990 Joined the Company Apr 2013 Manager, Tokyo Office, East Japan Sales Department, Sales Division Apr 2015 Special Assignment Department Manager, Sales Division Apr 2017 Executive Officer; concurrently President, Nichirin Kogyo Co., Ltd. (seconded) Apr 2024 Senior Executive Officer; General Manager, Finance and Accounting Department, Administration Division; concurrently President, Nichirin Kogyo Co., Ltd. (seconded) May 2024 Senior Executive Officer; General Manager, Corporate Planning Department; concurrently General Manager, Finance and Accounting Department, Administration Division; concurrently President, Nichirin Kogyo Co., Ltd. (seconded) Jun 2024 Director and Senior Executive Officer; Deputy General Manager, Administration Division; concurrently General Manager, Corporate Planning Department; concurrently General Manager, Finance and Accounting Department, Administration Division Apr 2025 Director and Senior Executive Officer; General Manager, Administration Division; concurrently General Manager, Corporate Planning Department; concurrently General Manager, Finance and Accounting Department, Administration Division (current) Responsibilities: General Manager, Administration Division; General Manager, Corporate Planning Department; General Manager, Finance and Accounting Department, Administration Division; oversight of Jutawan Moritec (Thailand) Co., Ltd., Moritec Steel Indonesia Co., Ltd., Moritec Steel Mexico S.A. de C.V., Shanghai Moritec Steel Trading Co., Ltd., Nichirin Kogyo Co., Ltd., Moritec Steel (Vietnam) Co., Ltd., and Nakagawa Sangyo Co., Ltd.
1968-01-03
Keishi SAKATE
Director, Senior Executive Officer, General Manager, Sales Division
Apr 1989 Joined the Company Jun 2009 General Manager, First Sales Department, Sheet Metal Sales Division Apr 2011 General Manager, Sheet Metal Sales Department, Sheet Metal Sales Division Apr 2012 General Manager, Sales Planning Department, Sales Division; concurrently Deputy Manager, Nagoya Office Apr 2013 General Manager, Product Strategy Department, Sales Division; concurrently Deputy Manager, Nagoya Office, East Japan Sales Department Apr 2015 Manager, Nagoya Office, Sales Division; concurrently General Manager, Product Strategy Department Apr 2017 Executive Officer; General Manager, Product Strategy Department, Sales Division Apr 2022 Senior Executive Officer; Deputy General Manager, Production Division; concurrently General Manager, Product Business Department; concurrently General Manager, Product Sales Department Feb 2023 Senior Executive Officer; Special Assignment for Global Product Business Strategy, President's Office Apr 2023 Senior Executive Officer; General Manager, Global Product Business Strategy Department Apr 2024 Senior Executive Officer; General Manager, Technology Division; concurrently General Manager, Global Product Business Strategy Department Apr 2025 Senior Executive Officer; General Manager, Sales Division Jun 2025 Director and Senior Executive Officer; General Manager, Sales Division (current) Responsibilities: General Manager, Sales Division
1967-03-21
Yoshinari UCHIYAMA
Director (Audit and Supervisory Committee Member)
Apr 1987 Joined the Company Jun 2003 Manager, Hiroshima Office, Steel Strip Sales Department Oct 2007 Manager, Osaka Office, Steel Strip Sales Department Jun 2015 Executive Officer; Manager, Osaka First Sales Office, Sales Division; General Manager, Overseas Business Department and Global Business Planning Department, Overseas Business Division Apr 2017 Senior Executive Officer; Deputy General Manager, Sales Division; concurrently General Manager, Osaka Sales Department; Deputy General Manager, Overseas Business Division Jun 2019 Director and Executive Officer; Deputy General Manager, Sales Division; concurrently General Manager, Osaka Sales Department; Deputy General Manager, Overseas Business Division Apr 2020 Director and Executive Officer; General Manager, Mie Oyama Plant, Manufacturing Division; concurrently General Manager, Procurement Control Department Apr 2021 Director and Executive Officer; General Manager, Mie Oyama Plant, Production Division; concurrently General Manager, Procurement Control Department Apr 2022 Director and Executive Officer; General Manager, Management Administration Department Apr 2023 Director and Executive Officer; General Manager, Sustainability Promotion Department Jun 2023 Audit & Supervisory Board Member Jun 2024 Director (Audit and Supervisory Committee Member) (current)
1963-01-10
Kazunori FUJITANI
Director (Audit and Supervisory Committee Member)
Apr 1986 Registered as attorney-at-law Jun 1991 Established Hirota & Fujitani Law Office Dec 2008 Renamed Shinrai General Law Office (current) Mar 2017 Outside Audit & Supervisory Board Member, the Company Jun 2024 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1956-08-04
Sayaka TANINO
Director (Audit and Supervisory Committee Member)
Apr 1997 Joined Fujiko Co., Ltd. Sep 2001 Joined Interproject Co., Ltd. Dec 2002 Worked at Ashiya City Office Dec 2003 Worked at Osaka High Court Dec 2008 Joined Baltec Co., Ltd. Jul 2013 Director, Baltec Co., Ltd. Jul 2017 Representative Director, Baltec Co., Ltd. (current) Jun 2023 Outside Audit & Supervisory Board Member, the Company Jun 2024 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1974-11-10
Masaharu SUEKANE
Director (Audit and Supervisory Committee Member)
Apr 1996 Joined Ota Showa & Co. (currently EY ShinNihon LLC) Apr 1999 Registered as Certified Public Accountant Apr 2001 Seconded to Nomura Securities Co., Ltd., Osaka Capital Markets Department Jan 2002 Transferred to IB Consulting Department, Nomura Securities Co., Ltd. Apr 2005 Seconded to EY ShinNihon Co., Ltd., Osaka Advisory Department; assigned upon release from secondment Jul 2015 Partner, EY ShinNihon Co., Ltd. (Deputy Head, Osaka Advisory Department) Oct 2017 Adviser, Tsurumi Manufacturing Co., Ltd. Jan 2019 Expert Officer, Corporate Planning Section, Japan Mint (Independent Administrative Institution) Jan 2021 Representative, Suekane Certified Public Accountant Office (current)
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-01
株主総会招集通知
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Sep 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINETAmended
2022-07-11
Amended Annual Securities Report
EDINETAmended
2022-06-30
Amended Annual Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINETAmended
2021-07-16
Amended Annual Securities Report
EDINET
2021-06-23
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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