Overview
Machinery

NS TOOL CO.,LTD.

NS TOOL is a Japanese manufacturer specializing in carbide end mills, with a particular focus on small-diameter products (cutting edge diameter of 6mm or less), which account for approximately 80% of sales by value. The company produces and sells precision cutting tools used in machining centers for metal processing, distributing through domestic dealers and subsidiaries in Japan, Hong Kong, and the USA. Its competitive strength lies in its concentration on small-diameter solid carbide end mills, a high-precision niche segment requiring advanced manufacturing expertise.

Market Cap
¥18.5B
US$118M
EV
¥8.89B
US$56.7M
Stock¥788▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.1
x
LTM EV/EBIT
3.9
x
LTM PER
10.9
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-20.5%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 3, 26FY3/27 guidance: net profit -45.9%, operating profit -40.3% forecast
MC → EV Bridge
18.5BUS$118MMarket Cap0.00BUS$0.00M+ Debt9.57BUS$61.0M− Cash0.04BUS$0.24M− Inv. Sec.8.89BUS$56.7MEV
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Performance & Balance
Revenue 5Y (¥B)
9.52US$60.7M'22/39.66US$61.6M'23/39.04US$57.7M'24/39.43US$60.1M'25/39.49US$60.5M'26/3
EBITDA 5Y (¥B)
2.80US$17.9M'22/32.78US$17.7M'23/32.49US$15.9M'24/32.41US$15.4M'25/32.56US$16.4M'26/3
Net Income 5Y (¥B)
1.52US$9.71M'22/31.48US$9.41M'23/31.32US$8.42M'24/31.26US$8.06M'25/31.44US$9.20M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
8.59US$54.8M'22/38.53US$54.4M'23/38.92US$56.9M'24/39.90US$63.1M'25/39.61US$61.3M'26/3
Shareholders
Top 10 hold 60.5%
1
MY Corporation Co., Ltd.
10.63%
2
Solputi Co., Ltd.
10.37%
3
NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
8.91%
4
The Master Trust Bank of Japan, Ltd. (Trust Account)
7.94%
5
T.I. Road Co., Ltd.
7.87%
6
Koji GOTO
3.36%
7
BANK LOMBARD ODIER AND CO LTD GENEVA (Standing Proxy: MUFG Bank, Ltd.)
3.34%
8
Takashi GOTO
3.31%
9
Yuji GOTO
2.82%
10
NS TOOL CO.,LTD. Employee Stock Ownership Association
1.92%
Management
10 officers
Koji GOTO
Representative Director, President (in charge of Sales)
Apr 1986: Joined the Company Oct 1988: Director, Deputy General Manager of General Group Apr 1992: Managing Director Jan 1995: Senior Managing Director, General Manager of Sales Apr 2011: Representative Director, Executive Vice President, General Manager of Sales Jan 2013: Chairman, Nisshin Tool (Hong Kong) Co., Ltd. (current) Apr 2013: Representative Director, President Oct 2016: Representative Director, President, in charge of Sales (current) Apr 2021: Representative Director, G-Tech Co., Ltd. (current) Nov 2021: President/CEO, NS TOOL USA, Inc. (current)
1962-02-10
Takashi GOTO
Representative Director, Executive Vice President (in charge of Production and Development)
Apr 1984: Joined the Company Oct 1988: Director, Deputy General Manager of Production Headquarters Jan 2002: Senior Managing Director, General Manager of Production and Development Apr 2009: President, Representative Director, Nisshin Engineering Co., Ltd. Apr 2010: President, Representative Director, G-Tech Co., Ltd. Apr 2011: Senior Managing Director, General Manager of Production and Development Apr 2013: Representative Director, Executive Vice President Apr 2016: Representative Director, Nisshin Engineering Co., Ltd. (current) Oct 2016: Representative Director, Executive Vice President, in charge of Production and Development (current) Jan 2021: President, Representative Director, Makino Kogyo Co., Ltd. Apr 2024: Representative Director, Makino Kogyo Co., Ltd. (current)
1963-09-14
Yuko ADACHI
Managing Director (in charge of General Affairs and Finance & Accounting)
Apr 1978: Joined AIU Insurance Company Apr 1985: Joined the Company Sep 2001: Director, General Manager of General Affairs Department Feb 2002: Director, General Manager of General Affairs Department; President, Representative Director, G-Tech Co., Ltd. Jun 2003: Director of the Company; President, Representative Director, G-Tech Co., Ltd. Apr 2005: Managing Director of the Company (Chief Information Officer) Nov 2015: President, Representative Director, Makino Kogyo Co., Ltd. Oct 2016: Managing Director of the Company, in charge of General Affairs and Management (Chief Information Officer) Apr 2017: Chairman, Representative Director, Makino Kogyo Co., Ltd. Sep 2020: Chairman and President, Representative Director, Makino Kogyo Co., Ltd. Apr 2026: Chairman, Representative Director, Makino Kogyo Co., Ltd. (current) Apr 2026: Managing Director of the Company, in charge of General Affairs and Finance & Accounting (Chief Information Officer) (current)
1953-06-29
Satoru TODA
Director, General Manager of Corporate Planning Office and Finance & Accounting Department
Apr 1984: Joined The Tokai Bank, Limited (now MUFG Bank, Ltd.) Oct 2006: General Manager, Corporate Division No. 1, Yokohama Branch, MUFG Bank, Ltd. Oct 2009: Seconded to Mitsubishi UFJ Securities Co., Ltd. (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.) Apr 2010: Registered as Certified Tax Accountant (Chiba Certified Tax Accountants Association) Jun 2014: General Manager, Corporate Division No. 5, Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Apr 2020: Joined the Company, assigned to President's Office Jun 2020: Director, Head of President's Office Feb 2021: Director, General Manager of Administration Department Jul 2021: Director, General Manager of Corporate Planning Office and Administration Department Apr 2026: Director, General Manager of Corporate Planning Office and Finance & Accounting Department (current)
1962-02-26
Takanobu SAITO
Director
Apr 1982: Joined Mitsubishi Metal Corporation (now Mitsubishi Materials Corporation) Apr 1988: Seconded to MMC Hardmetal GmbH Jun 2004: Marketing Department, Carbide Products Business Division, Mitsubishi Materials Corporation Apr 2013: Seconded to MMC Hardmetal (Thailand) Co., Ltd.; Technical Center Director Nov 2015: Deputy Center Director, Processing Technology Center, Research and Development Headquarters, Mitsubishi Materials Corporation Apr 2021: Division Manager, Product Strategy Office, Marketing Department, Strategy Headquarters, Mitsubishi Materials Corporation Dec 2024: Advisor to the Company Jun 2025: Director of the Company (current)
1961-11-16
Hiroshi TAJIMA
Director (Audit and Supervisory Committee Member)
Apr 1985: Joined Universal Securities Co., Ltd. (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.) Mar 2005: Joined the Company, General Manager of Corporate Planning Office Apr 2010: General Manager of Administration Department Jun 2010: Director, General Manager of Administration Department Jun 2012: Executive Officer, General Manager of Administration Department Apr 2018: Executive Officer, General Manager of Corporate Planning Office Jun 2021: Director (Audit and Supervisory Committee Member) (current)
1961-04-26
Kenichi SASAMOTO
Director (Audit and Supervisory Committee Member)
Jun 1980: Joined Chuo Kaikei Jimusho Audit Corporation Sep 1998: Representative Partner, Chuo Kaikei Jimusho Audit Corporation Jul 2007: Representative Partner, A&A Partners Audit Corporation Jun 2010: Outside Audit & Supervisory Board Member, Tokatsu Holdings Co., Ltd. Sep 2014: Outside Audit & Supervisory Board Member, Nihon Jutaku Service Co., Ltd. (now Sannexta Group Co., Ltd.) Sep 2016: Left A&A Partners Audit Corporation Oct 2016: Opened Certified Public Accountant Kenichi Sasamoto Office; Representative (current) Jun 2018: Outside Audit & Supervisory Board Member, Tokatsu Holdings Co., Ltd. Jun 2019: Director (Audit and Supervisory Committee Member) of the Company (current) Jun 2019: Outside Director (Audit and Supervisory Committee Member), Tokatsu Holdings Co., Ltd. Sep 2020: Outside Director (Audit and Supervisory Committee Member), Sannexta Group Co., Ltd. (current)
1951-05-25
Hideyo NAKANO
Director (Audit and Supervisory Committee Member)
Nov 1991: Vice President, Citytrust Banking Corporation Oct 1993: Senior Portfolio Manager and Head of Individual Asset Management Department, Citytrust Banking Corporation Jan 2000: Director, Head of Asset Management Department, Funex Asset Management Co., Ltd. Mar 2004: Established Trias Co., Ltd.; President, Representative Director (current) Mar 2020: Outside Director, Outsourcing Inc. Jun 2021: Outside Director, Hochiki Corporation (current) Jun 2022: Outside Director, Daiichi Kogyo Seiyaku Co., Ltd. (current) Jun 2023: Director (Audit and Supervisory Committee Member) of the Company (current) Mar 2026: Outside Director, JUKI Corporation (current)
1959-09-13
Noriko OGURA
Director (Audit and Supervisory Committee Member)
Mar 1978: Joined Ogura Industrial Co., Ltd. (now Ogura Metal Co., Ltd.) Apr 1994: Managing Director, Education and Personnel, General Affairs Department, Ogura Industrial Co., Ltd. Apr 1997: Member, Steering Committee, Kanto Polytechnic College, Ministry of Health, Labour and Welfare (current) Jun 2006: Managing Director, Ogura Metal Co., Ltd. and OMC Co., Ltd. Jun 2009: Vice President and Director, Ogura Metal Co., Ltd. Apr 2023: Chairman, Ashikaga Industry-Academia-Government Collaboration Center (current) Jun 2024: Vice President and Director, OMC Co., Ltd. (current) Jun 2024: Senior Advisor, Ogura Metal Co., Ltd. (current) Apr 2025: Judge, Tochigi Productivity Center Management Quality Award Jun 2026: Director (Audit and Supervisory Committee Member) of the Company (current)
1955-06-18
Maki HIRAGA
Director (Audit and Supervisory Committee Member)
Nov 2002: Passed National Bar Examination Oct 2004: Registered as Attorney-at-Law; joined Hasegawa Toshiaki Law Office Apr 2010: Joined Hiraga Law Office Jun 2026: Opened Hiraga Law Office (current) Jun 2026: Director (Audit and Supervisory Committee Member) of the Company (current)
1973-04-27
Large Shareholding Reports
Fidelity Investment Trust Company, Limited
2026-10-07
6.93%→5.78%
FMR Investment Management (UK) Limited
2026-07-23
8.26%→8.21%
Fidelity Management & Research Company LLC
2026-06-22
7.17%→8.26%
FMR LLC
2026-06-22
7.17%→8.26%
Forest Manor N.V.
2026-03-18
5.03%→3.13%
Solputi Co., Ltd.
2025-09-11
10.18%→9.73%
Annual report (as of 2026-03-31): 10.37%
Solputi Co., Ltd.
2025-09-11
10.18%→9.73%
Annual report (as of 2026-03-31): 10.37%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-07
Large Shareholding Report
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-03-18
Large Shareholding Report
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-11
Large Shareholding Report
EDINET
2025-09-11
Large Shareholding Report
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
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
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-23
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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