Overview
Machinery

TSUBAKIMOTO CHAIN CO.

Tsubakimoto Chain is a leading manufacturer of industrial mechanical components and material handling systems, offering drive chains, conveyor chains, motion control products (reducers, linear actuators), automotive timing chain systems, and automated conveying/sorting/storage systems. The company serves a broad range of industries including general manufacturing, automotive, semiconductors, and logistics, with particular strength in precision power transmission components where it holds top-tier market positions globally. Its competitive strengths lie in deep engineering expertise, a vertically integrated supply chain, and a global manufacturing and sales network spanning Japan, the Americas, Europe, and Asia.

Market Cap
¥267B
US$1.70B
EV
¥189B
US$1.20B
Stock¥2,629▼-0.45%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.9
x
LTM EV/EBIT
7.7
x
LTM PER
9.0
x
LTM PBR
0.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-3.7%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
267BUS$1.70BMarket Cap57.8BUS$369M+ Debt81.2BUS$518M− Cash62.8BUS$401M− Inv. Sec.7.98BUS$50.9M+ NCI189BUS$1.20BEV
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Performance & Balance
Revenue 5Y (¥B)
216US$1.38B'22/3252US$1.60B'23/3267US$1.70B'24/3279US$1.78B'25/3296US$1.89B'26/3
EBITDA 5Y (¥B)
30.5US$195M'22/332.3US$206M'23/335.1US$224M'24/337.1US$236M'25/336.4US$232M'26/3
Net Income 5Y (¥B)
14.5US$92.7M'22/313.7US$87.6M'23/318.6US$118M'24/322.1US$141M'25/329.7US$189M'26/3
Capital Structure
84%
EquityD/E 0.20xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
81.3US$519M39.2US$250M'22/387.4US$557M35.6US$227M'23/3124US$793M30.9US$197M'24/3108US$688M22.2US$142M'25/3138US$883M52.6US$335M'26/3
Shareholders
Top 10 hold 42.3%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
9.77%
2
Taiyo Life Insurance Company
8.78%
3
Tsubakimoto Chain Holding Kyoei-kai (Shareholding Association)
4.83%
4
Nippon Life Insurance Company
4.15%
5
STATE STREET BANK AND TRUST COMPANY505001 (Standing Proxy: Mizuho Bank, Ltd.)
3.58%
6
TSUBAKIMOTO KOGYO CO.,LTD.
3.34%
7
Sumitomo Mitsui Banking Corporation
2.10%
8
Custody Bank of Japan, Ltd. (Trust Account)
2.08%
9
CEPLUX- THE INDEPENDENT UCITS PLATFORM 2 (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.04%
10
THE BANK OF NEW YORK,TREATY JASDEC ACCOUNT (Standing Proxy: MUFG Bank, Ltd.)
1.66%
Management
10 officers
Kenji KOSE
Representative Director, Chairman and CEO
Apr 1977 Joined Tsubakimoto Chain Co. Apr 2011 General Manager, Production Engineering Dept., Chain Manufacturing Div., Chain and Precision Equipment Business Group Jun 2013 Executive Officer Jun 2015 Senior Executive Officer Jun 2017 Director Apr 2018 Head of Chain Business Jun 2018 Managing Executive Officer Jun 2021 President and COO Jun 2022 Director, Chairman and CEO (current)
1958-05-09
Takatoshi KIMURA
Representative Director, President and COO
Apr 1983 Joined Tsubakimoto Chain Co. Oct 2006 General Manager, Overseas Dept., Chain Business Div. Apr 2009 General Manager, Power Transmission Sales Dept., Chain and Precision Equipment Business Group Jan 2012 Chairman, Tsubakimoto Chain Trading (Shanghai) Co., Ltd. (now Tsubakimoto Chain (Shanghai) Co., Ltd.) Jun 2015 Executive Officer Jun 2016 Head of Management Planning Center; General Manager, Osaka Branch Apr 2018 Head of Material Handling Business; General Manager, Material Handling Div.; Sales Head; General Manager, Osaka Branch Jun 2018 Senior Executive Officer, Head of Material Handling Business; General Manager, Material Handling Div. Apr 2020 Managing Executive Officer, Head of Material Handling Business Jun 2021 Director Jun 2022 Director, President and COO (current)
1961-01-18
Masaki MIYAJI
Director
Apr 1984 Joined Tsubakimoto Chain Co. Apr 2008 General Manager, Manufacturing Dept., Automotive Parts Div. Apr 2012 Head of Global Manufacturing, Automotive Parts Div. Jun 2016 Executive Officer; Head of Global Manufacturing, Automotive Parts Div., Global Automotive Parts Business Unit; Plant Manager, Saitama Plant Jun 2018 Senior Executive Officer, Head of Automotive Parts Business; General Manager, Automotive Parts Div.; Plant Manager, Saitama and Hyogo Plants Apr 2020 Head of Automotive Parts Business Apr 2021 Head of Mobility Business Jun 2022 Director (current)
1962-03-03
Keiichi ANDO
Director
Apr 2009 Director and Managing Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2010 Representative Director and Deputy President, Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2012 President and Representative Director, Kansai International Airport Co., Ltd. Jul 2012 President and Representative Director, CEO, Kansai International Airport Co., Ltd. Jun 2016 President and Representative Director, Ginsen Co., Ltd. Jun 2017 Director, Tsubakimoto Chain Co. (current)
1951-11-05
Hisae KITAYAMA
Director
Oct 1982 Joined Asahi Audit Corporation (now Azusa Audit LLC) Mar 1986 Registered as Certified Public Accountant May 1999 Partner, Asahi Audit Corporation (now Azusa Audit LLC) Jul 2013 Managing Director, Azusa Audit LLC Jun 2019 Chairman, Kinki Chapter, Japanese Institute of Certified Public Accountants Jul 2019 Senior Managing Director, Azusa Audit LLC; Vice Chairman, Japanese Institute of Certified Public Accountants Jun 2020 Director, Tsubakimoto Chain Co. (current) Jul 2020 Opened Kitayama CPA Office; Representative (current)
1957-08-30
Takashi TANIDOKORO
Director
Jun 2010 Director, Hitachi Zosen Corporation (now Kanadevia Corporation) Apr 2012 Managing Director, Hitachi Zosen Corporation Apr 2013 Representative Director, President and COO, Hitachi Zosen Corporation Apr 2016 Representative Director, President and CEO, Hitachi Zosen Corporation Apr 2017 Representative Director, Chairman and President, Hitachi Zosen Corporation Apr 2020 Representative Director, Chairman and CEO, Hitachi Zosen Corporation Apr 2022 Representative Director, Chairman, Hitachi Zosen Corporation Apr 2023 Director, Advisor, Hitachi Zosen Corporation Jun 2023 Director, Tsubakimoto Chain Co. (current)
1949-02-26
Koji TANAKA
Full-time Corporate Auditor
Dec 1988 Joined Tsubakimoto Chain Co. Apr 2004 Group Leader, Legal Affairs, Legal and General Affairs Dept., Compliance Center Apr 2016 General Manager, Legal Affairs Dept., CSR Promotion Center Apr 2018 General Manager, Legal Affairs Dept., Head Office Division Jun 2019 Full-time Corporate Auditor (current)
1961-12-05
Kazuya KAWASAKI
Full-time Corporate Auditor
Apr 1986 Joined Tsubakimoto Chain Co. Apr 2003 Group Leader, Finance, Management Planning Center Jun 2015 General Manager, Finance Dept., Management Planning Center Jun 2019 General Manager, Finance Dept. Jun 2020 Full-time Corporate Auditor (current)
1962-07-20
Kiyotaka KAWASAKI
Corporate Auditor
Apr 1991 Registered as attorney-at-law; joined Midosuji Law Office Dec 2002 Partner Attorney, Midosuji Law Office (current) Apr 2020 Representative Partner Attorney, Midosuji Law Office (current) Jun 2024 Corporate Auditor (current)
1965-11-26
Takaaki YAMAMOTO
Corporate Auditor
Apr 1986 Joined Sumitomo Electric Industries, Ltd. Apr 1990 Registered as attorney-at-law Jul 2012 General Manager, Legal Affairs Dept., Sumitomo Electric Industries, Ltd. Jun 2015 Executive Officer, Sumitomo Electric Industries, Ltd. Apr 2024 Partner Attorney, Irokawa Law Office (current) Jun 2025 Corporate Auditor (current)
1961-12-23
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-07
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-30
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-07
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-26
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-07
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-04
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
EDINETAmended
2023-01-30
Amended Annual Securities Report
Period: Apr 2018 – Mar 2019
EDINET
2022-11-07
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-05
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-08
Quarterly Securities Report
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