Overview
Machinery

KIKUKAWA ENTERPRISE,INC.

Kikukawa Enterprise is Japan's oldest manufacturer of wood processing machinery, founded in 1897 as the country's first sawmill and lumber processing machine maker. The company designs and manufactures made-to-order sawmill plants, plywood finishing and inspection lines, and machine tools for processing metals, non-ferrous materials, and resins. Its product portfolio spans wood processing machinery (approximately 76% of sales) and industrial machine tools (approximately 24% of sales), with integrated capabilities from development and manufacturing through to maintenance.

Market Cap
¥6.75B
US$43.0M
EV
¥-4.43B
-US$28.3M
Stock¥5,570▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
32.3
x
LTM PBR
0.5
x
2026-08-25 closing price basis: ranked #33 in beluuga.ai's "Japanese listed companies with negative Enterprise Value" ranking (simplified EV ≈ ¥-39B).
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-34.4%pt
100
Oct 24, 25 – Oct 21, 26StockTOPIX
MC → EV Bridge
6.75BUS$43.0MMarket Cap0.00BUS$0.00M+ Debt8.43BUS$53.8M− Cash2.75BUS$17.5M− Inv. Sec.-4.43B-US$28.3MEV
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Performance & Balance
Revenue 5Y (¥B)
4.18US$26.6M'22/34.13US$26.4M'23/35.49US$35.0M'24/35.53US$35.3M'25/33.86US$24.6M'26/3
EBITDA 5Y (¥B)
0.43US$2.72M'22/30.53US$3.40M'23/30.87US$5.57M'24/31.12US$7.14M'25/30.47US$3.00M'26/3
Net Income 5Y (¥B)
0.34US$2.14M'22/30.38US$2.40M'23/30.62US$3.94M'24/30.74US$4.74M'25/30.33US$2.08M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
8.88US$56.6M'22/39.26US$59.1M'23/39.73US$62.1M'24/39.28US$59.2M'25/310.6US$67.6M'26/3
Shareholders
Top 10 hold 44.2%
1
Osamu KIDO
7.18%
2
Hikari Tsushin Investment Limited Partnership (General Partner: Hikari Tsushin, Inc.)
6.46%
3
Atsushi KIKUKAWA
5.32%
4
UHPartners 2 Investment Limited Partnership (General Partner: UHPartners 2 Co., Ltd.)
4.75%
5
The Hyakugo Bank,Ltd.
4.45%
6
Heian Corporation
4.41%
7
Custody Bank of Japan, Ltd. (Trust Account E)
3.19%
8
San ju San Bank, Ltd.
3.08%
9
Hiroshi KIKUKAWA
2.75%
10
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
2.66%
Management
10 officers
Atsushi KIKUKAWA
Representative Director, President
Apr 1989 Joined the Company Jun 1989 Appointed Director Jun 1993 Appointed Representative Director, Senior Managing Director Jun 1997 Appointed Representative Director, President (current)
1962-09-02
Hiroshi KIKUKAWA
Representative Director, Vice President
Jan 1984 Joined the Company Jun 1989 Appointed Director Jun 1993 Appointed Managing Director Jun 1997 Appointed Representative Director, Senior Managing Director Jun 2009 Appointed Representative Director, Vice President (current)
1953-04-08
Keiichi KIKUKAWA
Senior Managing Director
Apr 2015 Joined the Company Feb 2020 General Manager, Sales Department Jun 2022 Appointed Director, General Manager, Sales Department Jun 2026 Appointed Senior Managing Director (current)
1991-05-31
Yukio DEGUCHI
Managing Director, in charge of Administration
Mar 1966 Joined the Company Oct 2003 General Manager, Sales Department Jun 2007 (details not stated in source) Oct 2011 Appointed Director, General Manager, Sales Department; appointed Managing Director (current)
1947-07-17
Kazuhiro KOBAYASHI
Director, General Manager of Manufacturing Department
Apr 1988 Joined the Company Apr 2020 Deputy General Manager, Development and Design Department, and Deputy General Manager, Manufacturing Department Jun 2026 Appointed Director, General Manager of Manufacturing Department (current)
1965-04-02
Toyohiko MORISHIMA
Director, General Manager of Trade Department
Oct 1993 Joined the Company Mar 2018 General Manager, Trade Department Jun 2026 Appointed Director, General Manager of Trade Department (current)
1967-10-22
Takanori ISSHIKI
Full-time Audit and Supervisory Committee Member (Director)
Mar 1981 Joined the Company Dec 2015 General Manager, General Affairs Department Jun 2020 Appointed Director, General Manager of General Affairs Department Jun 2025 Appointed Director, Executive Officer Jun 2026 Appointed Audit and Supervisory Committee Member (Director) (current)
1960-07-28
Motoaki NAKAMURA
Director, General Manager of General Affairs Department
Mar 1986 Joined the Company Jun 2025 General Manager, General Affairs Department Jun 2026 Appointed Director, General Manager of General Affairs Department (current)
1968-03-11
Tsuyoshi YANAGITANI
Audit and Supervisory Committee Member (Director)
Jun 2021 Representative Director, President, Healthy Family Co., Ltd. Jun 2025 Appointed Audit and Supervisory Committee Member (Director) (current)
1959-09-25
Toshikimi AOKI
Audit and Supervisory Committee Member (Director)
Jun 2021 Representative Director, President, Mie Sogo Shinyo Co., Ltd. Jun 2025 Appointed Audit and Supervisory Committee Member (Director) (current)
1960-06-19
Large Shareholding Reports
Hikari Tsushin Co., Ltd.
2026-09-28
7.12%→7.12%
Koutsushin Co., Ltd.
2026-06-08
7.12%→7.12%
Koutsushin Co., Ltd.
2025-09-29
7.12%→7.12%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-28
Large Shareholding Report
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-08
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-29
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-30
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
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
2024-02-09
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
2023-06-30
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
2022-08-10
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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