Overview
Metal Products

Advanex Inc.

Advanex is a precision spring manufacturer offering a comprehensive range of products including wire springs, flat springs, precision press components, multi-forming parts, insert molding, and standard fastener inserts. The company serves diverse end markets including IT/consumer electronics, automotive, aerospace, heavy electrical equipment, medical devices, and industrial machinery. Advanex differentiates through advanced manufacturing technologies such as NC multi-forming, coiling, transfer processing, and finite element analysis (FEA) services, supported by both domestic and overseas production facilities.

Market Cap
¥10.5B
US$67.2M
EV
¥20.4B
US$130M
Stock¥2,568▼-5.41%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.2
x
LTM EV/EBIT
16.5
x
LTM PER
11.3
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+29.4%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 10, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
10.5BUS$67.2MMarket Cap15.5BUS$98.7M+ Debt5.51BUS$35.1M− Cash0.15BUS$0.95M− Inv. Sec.20.4BUS$130MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
21.7US$139M'22/324.6US$157M'23/326.5US$169M'24/328.5US$182M'25/329.7US$189M'26/3
EBITDA 5Y (¥B)
1.44US$9.16M'22/31.55US$9.87M'23/31.94US$12.4M'24/32.64US$16.8M'25/32.88US$18.4M'26/3
Net Income 5Y (¥B)
-0.08-US$0.52M'22/30.06US$0.38M'23/30.27US$1.71M'24/3-0.63-US$4.01M'25/31.03US$6.55M'26/3
Capital Structure
40%
60%
EquityD/E 1.48xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.33US$21.3M11.2US$71.4M'22/33.96US$25.3M12.8US$81.9M'23/35.33US$34.0M13.0US$83.0M'24/34.74US$30.3M14.0US$89.0M'25/35.79US$36.9M15.7US$100M'26/3
Shareholders
Top 10 hold 54.0%
1
AAA Co., Ltd.
10.86%
2
Sumato Limited Liability Company
10.46%
3
ASADA Co., Ltd.
8.09%
4
Ark Co., Ltd.
4.99%
5
ART Co., Ltd.
4.87%
6
MUFG Bank, Ltd.
4.03%
7
Ace Co., Ltd.
3.46%
8
Asada Co., Ltd.
3.18%
9
Smile Co., Ltd.
2.29%
10
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO (Standing Proxy: MUFG Bank, Ltd.)
1.76%
Management
9 officers
Tetsuya YOSHIHARA
Managing Director, CFO
Apr 1990 Joined The Mitsubishi Bank, Ltd. (currently MUFG Bank, Ltd.) Feb 2020 Seconded to the Company Oct 2020 General Manager, Administration Division, the Company (current) Feb 2021 Joined the Company; Executive Officer and Chief Financial Officer, the Company (current) Jun 2021 Director, the Company Jun 2023 Managing Director and CFO, the Company (current)
1967-11-24
Seiya KATO
Managing Director
Mar 1981 Joined the Company Apr 2006 Executive Officer and General Manager, Automotive Business Division, the Company Jun 2009 Director and General Manager, Sales Division, the Company Apr 2014 Managing Director and President, Domestic Business Company, the Company Apr 2015 Managing Director, the Company Jun 2019 Managing Director and General Manager, Quality Assurance Division, the Company Jan 2020 Senior Managing Director, Apollo Co., Ltd. Sep 2020 Representative Director and President, the Company Jun 2023 Director and General Manager, Quality Assurance Division, the Company Jul 2025 Managing Director, the Company (current)
1958-04-11
Kenichi OGAKI
Director
Apr 2014 Joined the Company Aug 2020 Director and President, Advanex Americas, Inc. (current) May 2024 Regional Managing Director, Advanex Americas, Inc. (current) May 2024 Regional Managing Director, Advanex de Mexico S. de R.L. de C.V. (current) Aug 2024 President and CFO, Advanex de Mexico S. de R.L. de C.V. (current) Apr 2025 Executive Officer, the Company Jun 2026 Director, the Company (current)
1975-09-16
Takashi SUGII
Outside Director
Jul 1969 Joined the Ministry of Finance Jul 1984 Director, Indirect Tax Department, Tokyo Regional Taxation Bureau Oct 2000 Registered as an attorney-at-law; Associate Attorney, Sugii Law Office (current) May 2010 Outside Audit & Supervisory Board Member, Sekido Co., Ltd. (current) Jun 2023 Outside Director, the Company (current)
1947-01-14
Hideki TAKA
Outside Corporate Auditor
Apr 1977 Joined the National Tax Agency, Tokyo Regional Taxation Bureau Jul 2008 Deputy Director, Shibuya Tax Office, Tokyo Regional Taxation Bureau May 2014 Vice Governor, Shizuoka Prefecture Jul 2015 Director for Budget, Budget Bureau, Ministry of Finance Jul 2017 Director-General, Hokkaido Finance Bureau, Ministry of Finance Oct 2018 President and Representative Director, Clean Energy Research Institute Co., Ltd. Nov 2019 President and Representative Director, Toshima Cable Network Co., Ltd. Oct 2021 Advisor, Sprout Group Co., Ltd. (current) Jun 2023 Outside Corporate Auditor, the Company (current)
1959-03-03
Eitaro ASADA
Representative Director, Chairman and President
Apr 1969 Joined Topy Industries, Ltd. Jan 1974 Director, Asada Co., Ltd. Nov 1988 Representative Director, Asada Co., Ltd. Sep 2020 Director and Senior Adviser, the Company Feb 2021 Adviser, Asada Co., Ltd. Jun 2021 Representative Director and Senior Adviser, the Company Jun 2022 Representative Director and Chairman, the Company Jun 2023 Representative Director, Chairman and President, the Company (current)
1946-10-12
Toshiko NITTA
Outside Director
Apr 2006 Associate Professor, Faculty of Business Administration, Bunkyo Gakuin University Apr 2011 Professor, Faculty of Business Administration, Bunkyo Gakuin University Apr 2017 Assistant to the President, Bunkyo Gakuin University Apr 2019 Chair, Graduate School of Business Administration, Bunkyo Gakuin University Apr 2021 Dean, Faculty of Business Administration, Bunkyo Gakuin University Apr 2023 Assistant to the Dean, Faculty of Business Administration, Bunkyo Gakuin University; Specially Appointed Professor Apr 2024 Professor Emeritus, Bunkyo Gakuin University (current) Jun 2024 Outside Director, the Company (current)
1954-07-08
Naoki ENOMOTO
Full-time Outside Corporate Auditor
Apr 1985 Joined the Ministry of Finance Jul 2014 Director-General, Tohoku Finance Bureau, Ministry of Finance Jun 2015 Managing Executive Officer, Development Bank of Japan Inc. Jul 2017 Commissioner, Fukuoka Regional Taxation Bureau Jul 2018 Commissioner, Osaka Regional Taxation Bureau Aug 2020 Commissioner, Tokyo Customs Feb 2022 Outside Director, Osaka Organic Chemical Industry Ltd. (current) Aug 2022 Adviser, Nanto Bank, Ltd. Jun 2023 Outside Corporate Auditor, the Company (current)
1962-10-29
Yoshimi NAKAMURA
Outside Corporate Auditor
Jul 1998 Retired from the National Tax Agency Aug 1998 Registered as a certified tax accountant Apr 2000 Tax Adviser, Nishimura & Partners (currently Nishimura & Asahi) (current) May 2008 Chair, National Network of Business Restructuring and Succession Tax Accountants (current) Apr 2010 Part-time Lecturer, Hitotsubashi University Law School Apr 2015 Specially Appointed Professor, Graduate School of Business Administration, Bunkyo Gakuin University Apr 2019 Member of the Board of Councillors, Japan Association of Turnaround Professionals Jun 2022 Outside Corporate Auditor, the Company (current)
1955-10-26
Large Shareholding Reports
MUFG Bank, Ltd.
2026-05-08
3.99%
Annual report (as of 2026-03-31): 4.03%
AAA Co., Ltd.
2025-12-02
10.74%→10.74%
Annual report (as of 2026-03-31): 10.86%
AAA Co., Ltd.
2025-11-21
10.74%→10.74%
Annual report (as of 2026-03-31): 10.86%
AAA Co., Ltd.
2025-11-20
10.74%→10.74%
Annual report (as of 2026-03-31): 10.86%
Kato Yuichi Holdings Co., Ltd.
2025-10-14
3.99%→2.98%
Kato Yuichi Holdings Co., Ltd.
2025-10-08
4.90%→3.99%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Kato Yuichi Holdings Co., Ltd.
2025-09-30
4.90%→3.99%
Kato Yuichi Holdings Co., Ltd.
2025-09-17
6.50%→4.90%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Kato Yuichi Holdings Co., Ltd.
2025-09-10
6.50%→4.90%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-08
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-02
Large Shareholding Report
EDINET
2025-11-21
Large Shareholding Report
EDINET
2025-11-20
Large Shareholding Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
EDINET
2025-10-14
Large Shareholding Report
EDINETAmended
2025-10-08
Change Report
EDINET
2025-09-30
Large Shareholding Report
EDINETAmended
2025-09-17
Change Report
EDINET
2025-09-10
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
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
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →