Overview
Machinery

KITAGAWA SEIKI CO.,LTD.

Kitagawa Seiki manufactures and sells industrial machinery, with its core products being laminate press equipment for printed circuit board materials, new material press equipment (including CFRP-related), laminator equipment, and FA/conveyor systems. The company holds a top-class global market share in press equipment used for laminating PCB base materials, which are essential components in electronic devices. Kitagawa Seiki differentiates itself through highly flexible, custom-engineered solutions tailored to individual customer specifications, as well as factory automation and labor-saving equipment proposals.

Market Cap
¥21.3B
US$136M
EV
¥17.7B
US$113M
Stock¥2,606▼-3.45%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
16.5
x
LTM EV/EBIT
18.7
x
LTM PER
28.4
x
LTM PBR
3.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+193.2%pt
10012345
Oct 23, 25 – Oct 23, 26StockTOPIX
1Feb 25, 26LIM Advisors Limited changed stake (18.24%→13.92%)
2Feb 26, 26LIM Advisors Limited changed stake (13.92%→10.31%)
3Mar 13, 26LIM Advisors Limited changed stake (10.31%→8.71%)
4Mar 23, 26LIM Advisors Limited changed stake (8.71%→3.0%)
5Aug 19, 26FY2026/6 earnings release: sales ¥6.607bn, stock plunges
MC → EV Bridge
21.3BUS$136MMarket Cap1.20BUS$7.65M+ Debt3.88BUS$24.7M− Cash0.88BUS$5.62M− Inv. Sec.17.7BUS$113MEV
AI Briefing
Kitagawa Seiki holds top-class global share in PCB laminate press equipment, with growing exposure to CFRP/new materials and custom FA systems. FY26/6 revenue guided at ¥6.6B with OP margin rebounding to 14.4% after a soft FY25/6 (10.0%), showing margin volatility around a ~¥6B revenue base. Shareholder base is unusually retail/trading-platform heavy (moomoo, Interactive Brokers), with founder-family and employee stockholding still anchoring control; no tender offer in play per provided data.
Performance & Balance
Revenue 5Y (¥B)
5.03US$32.0M'22/66.46US$41.1M'23/65.93US$37.8M'24/66.23US$39.6M'25/66.61US$42.1M'26/6
EBITDA 5Y (¥B)
0.60US$3.82M'22/60.82US$5.22M'23/60.91US$5.80M'24/60.72US$4.59M'25/61.08US$6.85M'26/6
Net Income 5Y (¥B)
0.59US$3.74M'22/60.70US$4.47M'23/60.63US$4.02M'24/60.39US$2.51M'25/60.75US$4.78M'26/6
Capital Structure
84%
EquityD/E 0.19xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.68US$17.1M1.68US$10.7M'22/62.65US$16.9M1.56US$9.95M'23/63.56US$22.7M1.44US$9.18M'24/63.48US$22.2M1.32US$8.41M'25/64.77US$30.3M1.20US$7.65M'26/6
Shareholders
Top 10 hold 53.1%
1
KITAGAWA SEIKI CO.,LTD. Business Partners' Stock Ownership Association
9.54%
2
Futu Securities International (Hong Kong) Limited (Standing Proxy: moomoo Securities Co., Ltd.)
8.25%
3
Masatoshi UCHIDA
7.87%
4
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
6.16%
5
Kitagawa Sangyo Co., Ltd.
5.96%
6
The Hiroshima Bank, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
4.25%
7
Tokai Tokyo Securities Asia Limited (Standing Proxy: Tokai Tokyo Securities Co., Ltd.)
2.91%
8
Yumi UCHIDA
2.82%
9
SCBHK AC-CHINA GALAXY INTERNATIONAL SECURITIES (HONG KONG) CO., LIMITED-CLIENT ACCOUNT (Standing Proxy: MUFG Bank, Ltd.)
2.79%
10
JPMSPLC CLIENT ASSETS SK JPY (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.56%
Management
5 officers
Masatoshi UCHIDA
Representative Director, President
Apr 1989 Joined Mazda Motor Corporation Apr 1997 Joined the Company Sep 1997 Head of CCS Office Jan 1998 Director, Head of Corporate Planning Office Jul 1999 Representative Director, Senior Managing Director, Head of Corporate Planning Office Sep 2005 Representative Director, President, Hokusei Industry Co., Ltd. (current) May 2008 Representative Director, Senior Managing Director, Head of Corporate Planning Office and Head of Internal Audit Office Jun 2008 Audit & Supervisory Board Member, Kitagawa Iron Works Co., Ltd. Jan 2011 Representative Director, Senior Managing Director, Head of Corporate Planning Office, Head of PV Business Division and Head of Internal Audit Office Apr 2011 Representative Director, Senior Managing Director, Head of PV Business Division and Head of Internal Audit Office Oct 2011 Representative Director, Senior Managing Director, Head of PV Business Division Jul 2012 Representative Director, Senior Managing Director Jul 2016 Representative Director, President (current) Jun 2019 Outside Director, Kitagawa Iron Works Co., Ltd.
1963-10-27
Hiroyasu UCHIDA
Representative Director, Senior Managing Director, Head of Corporate Planning Office and Head of Internal Audit Office
Apr 1990 Joined The Sanwa Bank, Limited (now MUFG Bank, Ltd.) Nov 2000 Hong Kong Branch, the same bank Nov 2009 Credit Department, the same bank Apr 2011 Joined the Company; Executive Officer, Head of Corporate Planning Office Sep 2011 Director, Head of Corporate Planning Office Oct 2011 Director, Head of Corporate Planning Office and Head of Internal Audit Office Jul 2013 General Manager, Kitagawa Seiki Trading (Shanghai) Co., Ltd. May 2015 Director, Hokusei Industry Co., Ltd. (current) Jul 2019 Representative Director, Senior Managing Director, Head of Corporate Planning Office and Head of Internal Audit Office (current) Sep 2019 Chairman, Kitagawa Seiki Trading (Shanghai) Co., Ltd. (current) Jul 2024 Representative Director, President, KS Service Co., Ltd. (current)
1965-07-04
Shigehisa NOBUOKA
Director (Full-time Audit and Supervisory Committee Member)
Apr 1989 Joined The Hiroshima Bank, Ltd. Apr 2014 Manager, Danbara Branch, the same bank Apr 2016 Manager, Mitsugi Branch, the same bank Apr 2018 Manager, Kasaoka Chuo Branch, the same bank Apr 2021 Assigned to Human Resources and General Affairs Department (managerial position treatment), the same bank Jul 2021 Chief Business Auditor, Audit Department, the same bank Sep 2021 Joined the Company Sep 2021 Director (Full-time Audit and Supervisory Committee Member) (current)
1966-05-12
Sumio WATANABE
Director (Audit and Supervisory Committee Member)
Apr 1963 Joined Kitagawa Iron Works Co., Ltd. Jun 1998 Director, Head of Production Control Department, Machinery Division Apr 2003 Director, Head of Technology Control Apr 2004 Managing Director, Head of Production Control Apr 2009 Managing Executive Officer, Head of Production Technology Division Apr 2010 Managing Executive Officer, Head of Quality Division Mar 2012 Left Kitagawa Iron Works Co., Ltd. Sep 2018 Director (Audit and Supervisory Committee Member), the Company (current)
1945-03-22
Kumiko MIYAMOTO
Director (Audit and Supervisory Committee Member)
Feb 1997 Registered as Certified Social Insurance and Labor Consultant (Hiroshima Prefectural Association of Social Insurance and Labor Consultants) Feb 1998 Established Miyamoto Social Insurance and Labor Management Office (current name: Miyamoto Social Insurance and Labor Consultant Office) (current) Oct 2005 Director, My Story Co., Ltd. (current) Apr 2007 Designated Specialized Social Insurance and Labor Consultant Sep 2023 Director (Audit and Supervisory Committee Member), the Company (current)
1965-10-28
Large Shareholding Reports
LIM Advisors Limited
2026-03-24
8.71%→3.00%
Correction filing (name/detail fix only) — ratio carried over from the original filing
LIM Advisors Limited
2026-03-23
8.71%→3.00%
LIM Advisors Limited
2026-03-17
10.31%→8.71%
Correction filing (name/detail fix only) — ratio carried over from the original filing
LIM Advisors Limited
2026-03-13
10.31%→8.71%
LIM Advisors Limited
2026-02-26
13.92%→10.31%
LIM Advisors Limited
2026-02-25
18.24%→13.92%
LIM Advisors Limited
2025-10-20
17.02%→18.24%
LIM Advisors Limited
2025-08-29
16.00%→17.02%
LIM Advisors Limited
2025-08-22
14.55%→16.00%
LIM Advisors Limited
2025-08-12
13.50%→14.55%
LIM Advisors Limited
2025-06-06
12.48%→13.50%
LIM Advisors Limited
2025-04-17
11.34%→12.48%
LIM Advisors Limited
2025-03-31
10.33%→11.34%
LIM Advisors Limited
2025-01-14
9.31%→10.33%
LIM Advisors Limited
2024-09-24
7.50%→9.31%
LIM Advisors Limited
2024-09-06
7.50%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-28
Annual Securities Report
Period: Jul 2025 – Jun 2026
TDnet
2026-08-18
Full-Year Earnings Flash
FY ending Jun 2026
TDnet
2026-05-08
Q3 Earnings Flash
FY ending Jun 2026
EDINETAmended
2026-03-24
Change Report
EDINET
2026-03-23
Large Shareholding Report
EDINETAmended
2026-03-17
Change Report
EDINET
2026-03-13
Large Shareholding Report
EDINET
2026-02-26
Large Shareholding Report
EDINET
2026-02-25
Large Shareholding Report
EDINET
2026-02-13
Semi-Annual Securities Report
Period: Jul 2025 – Jun 2026
TDnet
2025-11-07
Q1 Earnings Flash
FY ending Jun 2026
EDINET
2025-10-20
Large Shareholding Report
EDINET
2025-09-26
Annual Securities Report
Period: Jul 2024 – Jun 2025
EDINET
2025-08-29
Large Shareholding Report
EDINET
2025-08-22
Large Shareholding Report
EDINET
2025-08-12
Large Shareholding Report
EDINET
2025-06-06
Large Shareholding Report
TDnet
2025-05-09
Q3 Earnings Flash
FY ending Jun 2025
EDINET
2025-04-17
Large Shareholding Report
EDINET
2025-03-31
Large Shareholding Report
EDINET
2025-02-14
Semi-Annual Securities Report
Period: Jul 2024 – Jun 2025
EDINET
2025-01-14
Large Shareholding Report
TDnet
2024-11-08
Q1 Earnings Flash
FY ending Jun 2025
EDINET
2024-09-27
Annual Securities Report
Period: Jul 2023 – Jun 2024
EDINET
2024-09-24
Large Shareholding Report
EDINET
2024-09-06
Large Shareholding Report
EDINET
2024-05-13
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINETAmended
2024-01-22
Amended Securities Registration Statement
EDINET
2024-01-16
Securities Registration Statement
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