Overview
Metal Products

FINE SINTER CO.,LTD.

Fine Sinter is a manufacturer specializing in powder metallurgy (sintered) products and hydraulic equipment. Its powder metallurgy business produces precision sintered components for automotive and railway applications by mixing, forming, and sintering metal powders to meet exacting specifications. Toyota Motor Corporation is a key continuous customer for its automotive sintered products, and the company also produces hydraulic equipment serving a broad range of domestic industries.

Market Cap
¥4.08B
US$26.0M
EV
¥15.3B
US$97.6M
Stock¥954▼-2.25%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
3.4
x
LTM EV/EBIT
14.9
x
LTM PER
NM
LTM PBR
0.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-56.3%pt
10012
Oct 23, 25 – Oct 23, 26StockTOPIX
1Nov 6, 25Activist investor activity
2Jul 31, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
4.08BUS$26.0MMarket Cap17.5BUS$112M+ Debt5.73BUS$36.5M− Cash1.29BUS$8.23M− Inv. Sec.0.73BUS$4.66M+ NCI15.3BUS$97.6MEV
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Performance & Balance
Revenue 5Y (¥B)
39.0US$248M'22/339.7US$253M'23/342.4US$270M'24/342.7US$272M'25/346.2US$294M'26/3
EBITDA 5Y (¥B)
4.28US$27.3M'22/32.92US$18.6M'23/33.72US$23.7M'24/33.91US$24.9M'25/34.84US$30.8M'26/3
Net Income 5Y (¥B)
0.21US$1.32M'22/3-2.66-US$16.9M'23/3-0.59-US$3.78M'24/3-0.21-US$1.31M'25/3-2.41-US$15.4M'26/3
Capital Structure
45%
55%
EquityD/E 1.24xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
8.56US$54.5M16.3US$104M'22/37.00US$44.6M17.4US$111M'23/38.05US$51.3M18.1US$115M'24/35.93US$37.8M18.3US$116M'25/37.60US$48.4M17.9US$114M'26/3
Shareholders
Top 10 hold 50.5%
1
TOYOTA MOTOR CORPORATION
21.49%
2
FINE SINTER CO.,LTD. Employee Stock Ownership Association
8.65%
3
KYB Corporation
5.15%
4
Senju Metal Industry Co., Ltd.
4.76%
5
MATSUI SECURITIES CO.,LTD.
3.36%
6
Fumiko IKEGUCHI
1.83%
7
Shinsuke KOJIMA
1.43%
8
Aioi Nissay Dowa Insurance Co., Ltd.
1.30%
9
FINE SINTER CO.,LTD. Business Partners' Stock Ownership Association
1.28%
10
AISIN CORPORATION
1.23%
Management
10 officers
Toshiya YAMAGUCHI
Representative Director, President
Apr 1990 Joined Toyota Motor Corporation Jan 2000 Seconded to the Company; Manager, Materials Technology Development Office, Technology Development Center Jan 2016 General Manager, No. 2 Machining Department, Miyoshi Plant, Toyota Motor Corporation Jan 2019 General Manager, Production Engineering Development Department, Toyota Motor Corporation Jul 2021 Chief Engineer, Monozukuri Development Division, Toyota Motor Corporation Jan 2022 Advisor to the Company Apr 2022 Managing Executive Officer of the Company Jun 2022 Director and Managing Executive Officer of the Company Jun 2023 Representative Director, President and Executive Officer of the Company Apr 2024 Representative Director, President of the Company (current)
1965-07-02
Yoshito TANAKA
Director, Vice President
Apr 1987 Joined Toyota Motor Corporation Apr 2013 General Manager, Drivetrain Planning Office, Drive & HV Unit Production Engineering Department, Toyota Motor Corporation Feb 2017 Executive Officer of the Company Jun 2017 Director of the Company Jan 2019 General Manager, Production Engineering Department of the Company Jun 2019 Director and Managing Executive Officer of the Company Apr 2021 Director and Senior Managing Executive Officer of the Company Apr 2023 Director, Vice President and Executive Officer of the Company Apr 2024 Director, Vice President of the Company (current)
1963-10-22
Tsutomu KOBAYASHI
Managing Director
Apr 1987 Joined Toyota Motor Corporation Jan 2008 Group Leader, Kaizen Promotion Office, Cost Improvement Department, Toyota Motor Corporation Jan 2012 Chief Financial Officer, Toyota Motor Manufacturing Indiana, Inc. Jan 2018 General Manager, Accounting Department of the Company Jun 2019 Executive Officer of the Company Apr 2021 Managing Executive Officer of the Company Jun 2021 Director and Managing Executive Officer of the Company Jan 2024 General Manager, Corporate Division of the Company (current) Apr 2024 Managing Director of the Company (current)
1963-07-21
Kenji GOTO
Director
Feb 1989 Joined the Company Jul 2003 Manager, Overseas Office, Overseas Department of the Company Apr 2005 Manager, Overseas Sales Office, Sales Department of the Company Jan 2008 General Manager, Precision Sintered Alloy (Wuxi) Co., Ltd. Apr 2017 General Manager, Thai Fine Sinter Co., Ltd. Jun 2020 President and Director, Thai Fine Sinter Co., Ltd. Jun 2026 General Manager, Sales Division of the Company (current) Jun 2026 Director of the Company (current)
1962-11-29
Koji ISAGOOKA
Full-time Audit & Supervisory Board Member
Mar 1985 Joined the Company Apr 2005 Seconded to American Fine Sinter, Inc. Jan 2009 Manager, Production Planning Office, Production Control Department of the Company Jun 2018 Manager, Production Control Office, Production Control Department of the Company Jan 2022 Manager, Safety & Environment Office, Production Control Department of the Company Jun 2022 Audit & Supervisory Board Member of the Company (current)
1963-03-24
Yasuya SUZUKI
Director
Oct 1997 Joined Tohmatsu & Co. (currently Deloitte Touche Tohmatsu LLC) Jul 2001 Registered as Certified Public Accountant (current) Aug 2008 Representative, Yasuya Suzuki Certified Public Accountant Office (current) Oct 2008 Registered as Certified Tax Accountant (current) Jun 2019 Director of the Company (current)
1974-10-28
Yutaka KATO
Director
Apr 1999 Joined Toyota Motor Corporation Jan 2017 General Manager, Technology Planning Office, Forging & Surface Modification Production Engineering Department, Toyota Motor Corporation May 2019 General Manager, Technology Planning Office, Materials & Forming Technology Department, Toyota Motor Corporation Jan 2021 General Manager, Element Technology Office, Powertrain Production Engineering Department, Toyota Motor Corporation Oct 2022 General Manager, No. 1 Machining Department, Miyoshi Plant, Toyota Motor Corporation Jan 2024 General Manager, 1st DL Manufacturing Department, Miyoshi & Akechi Plants, Toyota Motor Corporation (current) Jun 2024 Director of the Company (current)
1973-08-19
Sumiko HOASHI
Director
Apr 1996 Joined Sumitomo Electric Systems, Ltd. Apr 1998 Joined Nippon Steel Hitachi Systems Engineering Co., Ltd. Dec 2009 Completed Legal Training and Research Institute of the Supreme Court; registered as Attorney-at-Law Jan 2010 Joined Osaka Gas Co., Ltd. Apr 2020 Joined Toyobo Co., Ltd. Jul 2023 Joined Osaka Metro Co., Ltd.; General Manager, Group Audit Department, Osaka Metro Group Jul 2023 General Manager, Well-being Promotion Department, Osaka Metro Co., Ltd. Jun 2025 Outside Director, Okada Aion Co., Ltd. (current) Jan 2026 Non-Executive Advisor to the Company Apr 2026 Partner, Hoashi Law Office (current) Jun 2026 Director of the Company (current)
1973-05-25
Katsuhiko KATO
Audit & Supervisory Board Member
Oct 1989 Joined Sanwa Teimatsu Aoki Audit Corporation (currently Deloitte Touche Tohmatsu LLC) Aug 1993 Registered as Certified Public Accountant (current) Jul 2008 Became Partner, Deloitte Touche Tohmatsu LLC Aug 2020 Representative, Katsuhiko Kato Certified Public Accountant Office (current) Dec 2020 Outside Director, Sakai Holdings Co., Ltd. Feb 2021 Registered as Certified Tax Accountant (current) Sep 2021 Auditor, Sugiura Memorial Foundation (current) Apr 2022 Auditor, Seki Gakuen Educational Corporation (current) Jun 2022 Audit & Supervisory Board Member of the Company (current) Jan 2026 Auditor, Kids Cure Foundation (current)
1962-09-21
Tsuneo MAEHARA
Audit & Supervisory Board Member
Mar 1998 Joined Denso Corporation Jan 2014 General Manager, No. 2 EHV Equipment Technology Department, Denso Corporation Jan 2019 General Manager, Electrification Component Business Division, Denso Corporation Apr 2020 Executive Officer, Denso Corporation Apr 2024 Senior Executive Fellow, Denso Corporation Jan 2025 Executive Officer, Denso Corporation (current) Jan 2026 General Manager, Powertrain System Business Group, Denso Corporation (current) Jun 2026 Audit & Supervisory Board Member of the Company (current)
1968-07-25
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-06-24
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-30
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-07-17
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-10-30
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-10-15
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-10-01
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-09-30
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINETAmended
2024-09-30
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINET
2024-09-30
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Jul 2021 – Sep 2021
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Apr 2022 – Jun 2022
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Apr 2021 – Jun 2021
EDINETAmended
2024-09-30
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Jul 2022 – Sep 2022
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Oct 2021 – Dec 2021
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINETAmended
2024-09-30
Amended Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-08
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
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