Overview
Machinery

HIRANO TECSEED CO.,LTD.

Hirano Tecseed designs and manufactures industrial machinery centered on two core proprietary technologies: 'heat and airflow technology' and 'coating and line control technology.' The company produces coating and laminating equipment for applications including lithium-ion battery electrodes, magnetic tape, packaging films, adhesive tapes, synthetic leather, and flooring materials, as well as polymer processing machinery for plastic film, electronic circuit boards, and ceramic sheet forming. The company serves a broad range of industrial markets through manufacturing, sales, and maintenance services, leveraging its integrated equipment engineering capabilities as a competitive strength.

Market Cap
¥24.6B
US$157M
EV
¥5.48B
US$34.9M
Stock¥1,623▼-0.43%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.1
x
LTM EV/EBIT
5.9
x
LTM PER
29.4
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-23.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
24.6BUS$157MMarket Cap1.18BUS$7.54M+ Debt13.4BUS$85.4M− Cash6.88BUS$43.9M− Inv. Sec.5.48BUS$34.9MEV
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Performance & Balance
Revenue 5Y (¥B)
37.9US$241M'22/342.4US$271M'23/346.9US$299M'24/348.4US$308M'25/332.3US$206M'26/3
EBITDA 5Y (¥B)
4.54US$28.9M'22/33.72US$23.7M'23/33.99US$25.4M'24/32.50US$16.0M'25/32.43US$15.5M'26/3
Net Income 5Y (¥B)
3.10US$19.8M'22/32.24US$14.3M'23/32.44US$15.5M'24/30.91US$5.77M'25/31.31US$8.37M'26/3
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
15.4US$98.2M0.75US$4.76M'22/315.4US$98.1M11.1US$70.8M'23/318.8US$120M6.95US$44.3M'24/316.2US$104M6.84US$43.6M'25/317.7US$113M4.72US$30.1M'26/3
Shareholders
Top 10 hold 50.4%
1
Meiji Yasuda Life Insurance Company (Standing Proxy: Custody Bank of Japan, Ltd.)
9.58%
2
ITOCHU Corporation
9.58%
3
Hirano-kai
9.24%
4
MUFG Bank, Ltd.
4.38%
5
Hikari Tsushin, Inc. Investment Business Limited Liability Partnership
4.19%
6
Resona Bank, Limited
3.86%
7
The Nanto Bank,Ltd. (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
2.97%
8
Tachibana Securities Co., Ltd.
2.65%
9
HIRANO TECSEED CO.,LTD. Employee Stock Ownership Association
2.46%
10
The Kiyo Bank,Ltd. (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
1.49%
Management
10 officers
Munenori YASUI
Representative Director, President
Mar 1982 Joined the Company Apr 2007 Deputy Manager, General Affairs Department Jun 2012 Appointed Director May 2017 Representative Director, President, Hirano Giken Kogyo Co., Ltd. Jun 2018 Appointed Managing Director May 2024 Retired as Representative Director, President, Hirano Giken Kogyo Co., Ltd. Feb 2026 Representative Director; Managing Director in charge of Production, Quality and Safety Management Division Apr 2026 Appointed Representative Director, President (current)
1960-01-08
Masafumi HARA
Director, Executive Officer, Head of Corporate Division
Apr 1989 Joined Sanwa Bank, Ltd. (now MUFJ Bank, Ltd.) Apr 2014 Branch Manager, Namba Branch, same bank Jun 2017 Seconded to the Company, Assistant Manager, General Affairs Department Apr 2018 Joined the Company, Deputy Manager, General Affairs Department Jun 2018 Appointed Director, General Affairs Department Manager May 2023 Appointed Director and Executive Officer in charge of General Affairs Division Apr 2024 Appointed Director and Executive Officer in charge of Corporate Division Jun 2026 Director, Executive Officer, Head of Corporate Division (current)
1964-08-12
Katsuhiro OMORI
Director, Executive Officer, Head of Design and Development Division
Mar 1988 Joined the Company Apr 2016 General Manager, Design Department Jun 2018 Appointed Director, General Manager, Design Department May 2023 Appointed Director and Executive Officer in charge of Design and Development Division Jun 2026 Director, Executive Officer, Head of Design and Development Division (current)
1965-10-10
Nobuyoshi TSURUYA
Director, Executive Officer, Head of Sales Division
Mar 1991 Joined Itochu Corporation May 2015 President, TEXMAC INC. (retired May 2019) Jul 2019 Seconded to the Company (transferred Jul 2020), Executive Officer Apr 2024 Executive Officer, Head of Sales Division Jun 2024 Appointed Director and Executive Officer in charge of Sales Division Jun 2026 Director, Executive Officer, Head of Sales Division (current)
1961-09-02
Mantarō FUJIMOTO
Director
Apr 1975 Joined Shin Nippon Rika Co., Ltd. Jun 2004 Representative Director, President, Shin Nippon Rika Co., Ltd. Jun 2020 Representative Director, Chairman and Executive Officer, Shin Nippon Rika Co., Ltd. Jun 2021 Appointed Director of the Company (current) Apr 2025 Director, Shin Nippon Rika Co., Ltd. Jun 2025 Adviser, Shin Nippon Rika Co., Ltd. (current)
1953-01-02
Takashi KONISHI
Director
Feb 1985 Joined Toyo Tanso Co., Ltd. Mar 2016 Representative Director, President, Toyo Tanso Co., Ltd. May 2018 Retired as Representative Director, President, Toyo Tanso Co., Ltd. May 2018 Representative Director, President, Owada Carbon Industry Co., Ltd. Jan 2019 Adviser, Owada Carbon Industry Co., Ltd. Jun 2021 Resigned from Owada Carbon Industry Co., Ltd. Appointed Director of the Company (current)
1960-06-17
Tōru UBUKATA
Director (Audit and Supervisory Committee Member)
Apr 1985 Joined Itochu Corporation Apr 1993 Osaka Iron and Steel No. 1 Department, Steel Plate Section 3 Oct 2001 Transferred to Itochu Marubeni Steel Corporation Feb 2004 Acting Manager, Steel Products Section 1, China Branch, same company Jan 2008 Seconded to Tokyo Steel Center Co., Ltd. Oct 2020 Returned to Itochu Marubeni Steel Corporation, Audit Department; Team Leader, Internal Control Evaluation Team Outer Audit & Supervisory Board Member, Sanyu Co., Ltd. Full-time Outside Audit & Supervisory Board Member, Sanyu Co., Ltd. (current) Jun 2026 Appointed Director (Audit and Supervisory Committee Member) of the Company (current)
1961-06-27
Toshiya OKUBO
Director (Audit and Supervisory Committee Member)
Apr 1985 Joined Sanwa Bank, Ltd. (now MUFJ Bank, Ltd.) May 2011 Branch Manager, Tamatsukuri Branch, same bank Jan 2015 Seconded to Takiron Co., Ltd. (now Takiron C.I. Co., Ltd.), Finance Department (transferred Jul 2015), General Manager, Finance Department Apr 2017 Executive Officer and General Manager, Finance and Accounting Department, Takiron Co., Ltd. Jun 2024 Representative Director, President, Takiron Tech Co., Ltd. Full-time Adviser, Sanwa Signwork Co., Ltd. Appointed Director (Audit and Supervisory Committee Member) of the Company (current)
1961-09-30
Ikuko YOSHIDA
Director (Audit and Supervisory Committee Member)
Oct 2006 Registered as Attorney-at-law Oct 2006 Joined Midosuji Law Office Aug 2018 Joined Keiki Law Corporation (now Kensei Sogo Law Office) as Partner Aug 2020 Opened Ex-Link Law Office (current) Aug 2022 Outside Director (Audit and Supervisory Committee Member), Dawn Corporation (current) Jun 2023 Appointed Director (Audit and Supervisory Committee Member) of the Company (current)
1982-10-04
Makiko NISHIDA
Director (Audit and Supervisory Committee Member)
Apr 1994 Joined Marubeni Corporation Oct 1997 Joined Chuo Audit Corporation May 2001 Registered as Certified Public Accountant Oct 2001 Opened Nishida CPA Office (current) May 2005 Registered as Certified Tax Accountant Aug 2021 Member, Nishinomiya City Bid Monitoring Committee Jun 2024 Appointed Director (Audit and Supervisory Committee Member) of the Company (current)
1971-12-09
Large Shareholding Reports
Hiroshi Shinkawa
2026-07-29
9.08%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-29
Large Shareholding Report
EDINET
2026-06-24
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 – Sep 2025
EDINET
2025-09-29
Large Shareholding Report
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
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
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
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
2022-06-28
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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