Overview
Machinery

YAMASHIN-FILTER CORP.

Yamashin-Filter Corp. is a comprehensive filter manufacturer specializing in the development, production, and sale of construction machinery filters (hydraulic, engine oil, fuel, and transmission filters) and air filters for buildings, factories, and healthcare applications. The company differentiates itself through in-house development of filter media ('ろ材'), including proprietary nanofiber technology ('YAMASHIN Nano Filter™'), enabling superior filtration performance and customization for demanding industrial applications. Its core construction machinery filter business serves major global OEMs, while its air filter segment targets commercial buildings, hospitals, semiconductor plants, and consumer healthcare markets.

Market Cap
¥33.1B
US$211M
EV
¥29.5B
US$188M
Stock¥482▼-0.62%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.1
x
LTM EV/EBIT
12.2
x
LTM PER
20.2
x
LTM PBR
1.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-59.5%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
33.1BUS$211MMarket Cap3.82BUS$24.3M+ Debt6.88BUS$43.9M− Cash0.50BUS$3.19M− Inv. Sec.29.5BUS$188MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
18.8US$120M'22/318.6US$119M'23/318.0US$115M'24/320.1US$128M'25/320.9US$134M'26/3
EBITDA 5Y (¥B)
2.21US$14.1M'22/32.06US$13.1M'23/32.18US$13.9M'24/33.38US$21.6M'25/33.38US$21.6M'26/3
Net Income 5Y (¥B)
0.05US$0.30M'22/30.65US$4.11M'23/30.79US$5.01M'24/31.72US$11.0M'25/31.72US$11.0M'26/3
Capital Structure
85%
EquityD/E 0.17xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
3.78US$24.1M1.53US$9.76M'22/34.15US$26.4M1.41US$8.97M'23/35.07US$32.3M0.95US$6.05M'24/36.01US$38.4M0.53US$3.35M'25/36.72US$42.9M1.82US$11.6M'26/3
Shareholders
Top 10 hold 64.4%
1
Asama Holdings Co., Ltd.
34.55%
2
Custody Bank of Japan, Ltd. (Trust Account)
7.39%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
7.16%
4
Hiroaki YAMAZAKI
3.29%
5
Takaaki YAMAZAKI
3.06%
6
Minato Holdings Co., Ltd.
2.58%
7
Atsuhiko YAMAZAKI
2.31%
8
Nomura Securities Co., Ltd.
1.51%
9
Keyaki Holdings Co., Ltd.
1.29%
10
Shirakaba Holdings Co., Ltd.
1.29%
Management
9 officers
Atsuhiko YAMAZAKI
Representative Director, President and Executive Officer
Apr 1980 Joined Komatsu Ltd. May 1980 Director of the Company Apr 1982 Joined the Company; Director, General Manager of Management Planning Office Apr 1987 Director, General Manager of Sales Division Dec 1990 Representative Director, President of the Company Apr 2017 General Manager of Internal Audit Office; General Manager of Quality Assurance Headquarters Jun 2020 Representative Director, President and Executive Officer (current) Jan 2022 Chairman of the Board, Axie Co., Ltd. (concurrent)
1953-05-25
Hiroaki YAMAZAKI
Director, Executive Vice President and Executive Officer
Apr 2011 Joined the Company Oct 2014 Representative Director, YAMASHIN CEBU FILTER MANUFACTURING CORP. Apr 2017 General Manager, Construction Machinery Filter Sales Division Apr 2018 Director, YAMASHIN AMERICA INC. (current) (concurrent) Apr 2018 Director, YAMASHIN EUROPE BRUSSELS BVBA (now YAMASHIN EUROPE BRUSSELS BV) (current) (concurrent) Apr 2018 Director, YAMASHIN THAI LIMITED (current) (concurrent) Jul 2018 Chairman, YAMASHIN FILTER (SIP) TECHNOLOGY INC. (now YAMASHIN FILTER (SIP) INC.) (concurrent) Aug 2018 General Manager, Sales Headquarters of the Company Apr 2019 Executive Officer, General Manager, Sales Headquarters of the Company Apr 2020 Executive Officer, General Manager of Sales of the Company Jun 2020 Director, Managing Executive Officer of the Company Jun 2023 Director, Executive Vice President and Executive Officer of the Company (current) Jul 2023 Representative Director, YAMASHIN AMERICA INC. (concurrent) Jul 2024 Director, YAMASHIN FILTER (SIP) TECHNOLOGY INC. (now YAMASHIN FILTER (SIP) INC.) (current) (concurrent)
1984-04-12
Chikahisa IOKA
Director, Senior Managing Executive Officer
Apr 1982 Joined Nomura Securities Co., Ltd. Nov 1994 Joined Loica Habera K.K. (now Loica Japan K.K.); Chief Financial Officer Sep 1999 Representative Director and Chief Financial Officer of the same company Feb 2005 Joined dSPACE Japan K.K.; Chief Financial Officer Nov 2008 Joined Daito Giken Co., Ltd.; General Manager of Finance and Accounting Division and General Manager of General Affairs Division Jun 2011 Joined Nakaand Company Co., Ltd.; Chief Financial Officer and Executive Officer Sep 2012 Joined the Company; General Manager of Finance and Accounting Division Dec 2012 Director, YAMASHIN CEBU FILTER MANUFACTURING CORP. (concurrent); Auditor, YAMASHIN FILTER SHANGHAI INC. (concurrent); Auditor, YAMASHIN FILTER (SIP) TECHNOLOGY INC. (now YAMASHIN FILTER (SIP) INC.) (concurrent) Oct 2016 Executive Officer, General Manager of Administration Headquarters of the Company Jun 2018 Director, General Manager of Administration Headquarters of the Company Aug 2019 Director, Axie Co., Ltd. (concurrent) Jun 2020 Director, Senior Managing Executive Officer of the Company (current)
1959-01-02
Takaaki YAMAZAKI
Director
May 2015 Joined the Company Jun 2015 Quality Assurance Division, Quality Assurance Headquarters of the Company Jan 2016 Seconded to YAMASHIN CEBU FILTER MANUFACTURING CORP. Jul 2017 Director of the same company Oct 2018 Purchasing Section Manager, Purchasing Division, Production Headquarters of the Company Mar 2019 Section Manager, Management Planning Office, Administration Headquarters of the Company Sep 2019 General Manager, Production Management Division, Production Headquarters of the Company Nov 2020 Director, Axie Co., Ltd. (concurrent) Apr 2021 Executive Officer, General Manager of SCM Headquarters of the Company Apr 2022 Director, YAMASHIN AMERICA INC. (concurrent) Jun 2023 Director, Executive Officer, General Manager of SCM Headquarters of the Company Jul 2023 Director, Executive Officer of the Company (current) Oct 2023 Representative Director, President, Axie Co., Ltd. (current) (concurrent)
1987-02-10
Hideaki MORITA
Director, Audit and Supervisory Committee Member
Aug 1976 Joined Orient Leasing Co., Ltd. (now ORIX Corporation) Jan 2002 Deputy General Manager, Kinki Sales Headquarters of the same company Jan 2003 Executive Officer of the same company Apr 2003 Executive Officer, General Manager, Kinki Sales Headquarters of the same company Jan 2006 Managing Executive Officer of the same company Mar 2009 Vice President, ORIX Real Estate Corporation Jan 2010 President and Director, ORIX Golf Management Co., Ltd. Jun 2011 Audit & Supervisory Board Member, Osaka City Dome Co., Ltd. Sep 2013 Audit & Supervisory Board Member, ORIX Baseball Club Co., Ltd. Dec 2015 Audit Committee Member, Osaka Prefecture Jun 2020 Director, Axie Co., Ltd.; Outside Director of the Company Jul 2023 Director, Pal Inoue Foundation (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1950-05-09
Yasuyuki ITANO
Director, Audit and Supervisory Committee Member
Apr 1980 Joined Nomura Computer Systems Co., Ltd. (now Nomura Research Institute, Ltd.) Apr 2005 Executive Officer; Deputy General Manager, Service and Industrial Systems Business Headquarters; General Manager, Industrial Systems Business Division 1 Apr 2009 Managing Executive Officer; General Manager, Service and Industrial Systems Business Headquarters; General Manager, Kansai Branch and Chubu Branch Apr 2014 Senior Managing Executive Officer in charge of Corporate Division, Risk Management and Compliance Jun 2014 Director, Senior Managing Executive Officer in charge of Corporate Division, Risk Management and Compliance Apr 2015 Representative Director, Senior Managing Executive Officer in charge of Corporate Division, Risk Management, Compliance and Health Management Apr 2016 Representative Director, Senior Managing Executive Officer in charge of Corporate Division Jun 2017 Outside Director (Audit and Supervisory Committee Member), Data Application Co., Ltd. Jun 2018 Outside Director (full-time Audit and Supervisory Committee Member), Data Application Co., Ltd. Sep 2018 Outside Director, FIXER Inc. Jun 2020 Outside Director (Audit and Supervisory Committee Member) of the Company (current); Outside Director, Yotai Co., Ltd. Jun 2025 Outside Director (Audit and Supervisory Committee Member), Data Application Co., Ltd. (current)
1957-02-19
Shinobu AWAYA
Director, Audit and Supervisory Committee Member
Apr 2003 Joined Topcon Corporation Dec 2010 Registered with the Daini Tokyo Bar Association; joined Cosmos Law Office Jan 2016 Joined Mizuno Yasutaka Law Office Jun 2017 Non-full-time staff, Food Industry Bureau, Food Manufacturing Division, Ministry of Agriculture, Forestry and Fisheries Oct 2018 Manager, Food Safety Management Association (general incorporated foundation) Feb 2020 Joined Tono Tanami Law Office (now Tono Tanami Kosada Law Office) Jan 2022 Visiting Researcher, National Institute of Advanced Industrial Science and Technology (current) Apr 2023 Joined Toshima Sogo Law Office Aug 2023 Outside Director (Audit and Supervisory Committee Member), Choshimaru Co., Ltd. (current) Apr 2024 Specially Appointed Researcher, Center for Business Law and Comparative Law and Politics, Graduate School of Law and Politics, The University of Tokyo Apr 2025 Joined Mizuno Yasutaka Law Office (current); Specially Appointed Researcher, Center for Law and Politics Design, Graduate School of Law and Politics, The University of Tokyo Jun 2025 Outside Director of the Company (current) Apr 2026 Assistant Professor, Faculty of Law, Seijo University (current); Researcher (part-time), Center for Law and Policy Research, Graduate School of Law, Kyoto University (current)
1980-05-13
Peiling YANG
Director, Audit and Supervisory Committee Member
Jun 2000 Obtained MBA, University of Chicago Aug 2000 Joined Goldman Sachs (Asia) L.L.C., Investment Management Division, as Investment Advisor Jun 2003 Joined Lehman Brothers Securities Co., Ltd., Tokyo Branch, Legal Division, as Chief Administrative Officer Oct 2005 Joined DIAM Asset Management Co., Ltd. (now Amundi Asset Management Japan Co., Ltd.), International Sales Promotion Group, as Deputy General Manager Oct 2011 Senior Manager, Planning and Coordination Group of the same company Apr 2012 Group Leader, International Planning Group of the same company Jul 2017 Joined Fidelity Investments Japan Limited; seconded in part to Fidelity Securities Co., Ltd. as Head of Corporate Communications Aug 2021 Joined Edelman Japan Inc. as Executive Officer and Chief Experience Officer Oct 2022 Joined Fidelity Investments Japan Limited as General Manager, Business Promotion Division Dec 2023 General Manager, Marketing Division of the same company Apr 2025 Established GLORAKU Co., Ltd.; Representative Director (current) Jun 2025 Outside Director of the Company (current) Mar 2026 Senior Consultant, Japan Intercultural Consulting (current)
1969-08-16
Yosuke KAMIHIRA
Director, Audit and Supervisory Committee Member
Nov 2008 Passed the Japanese Certified Public Accountant Examination Dec 2008 Joined Arata Audit Corporation (now PwC Japan LLC) Sep 2012 Registered as Certified Public Accountant Jul 2014 Joined PricewaterhouseCoopers Tax Corporation (now PwC Tax Corporation) Oct 2014 Registered as Certified Tax Accountant Jul 2018 Manager, PricewaterhouseCoopers Tax Corporation (now PwC Tax Corporation) Jul 2020 Senior Manager of the same firm Jul 2022 Director of the same firm Jun 2023 Partner, Tax Network (current) Jun 2023 Outside Director (Audit and Supervisory Committee Member), AOKI Holdings Inc. (current) Jun 2024 Outside Audit & Supervisory Board Member, Totsu Co., Ltd. (now Totsu Corporation) (current) Aug 2025 Director, Takano Nafco Memorial Foundation (general incorporated foundation) (current)
Large Shareholding Reports
Asset Management One Co., Ltd.
2026-09-25
5.66%→4.34%
Asset Management One Co., Ltd.
2026-06-05
6.82%→5.66%
Asset Management One Co., Ltd.
2026-03-23
7.91%→6.82%
Asset Management One Co., Ltd.
2026-01-09
6.77%→7.91%
Asset Management One Co., Ltd.
2025-09-22
5.28%→6.77%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-25
Large Shareholding Report
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-05
Large Shareholding Report
TDnet
2026-06-02
株主総会招集通知
EDINET
2026-03-23
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-09
Large Shareholding Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
EDINET
2025-09-22
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 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
2023-06-29
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
2022-08-10
Quarterly Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-12
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) →