Overview
Machinery

KATO WORKS CO.,LTD.

Kato Works manufactures and sells construction machinery, including rough terrain cranes, all terrain cranes, crawler cranes, truck cranes, hydraulic excavators, mini excavators, and crawler carriers. The company also produces specialty equipment such as foundation machinery, road sweepers, snow sweepers, and forestry machines. Its product lineup serves construction, civil engineering, and industrial markets across Japan and internationally.

Market Cap
¥13.7B
US$87.6M
EV
¥39.4B
US$251M
Stock¥1,227▼-0.97%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
2.7
x
LTM PBR
0.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-34.6%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 14, 25FY2026 Q2 earnings: operating loss widened
2Feb 16, 26FY2026 Q3 results: sales ¥37.3B, beat expectations
MC → EV Bridge
13.7BUS$87.6MMarket Cap39.2BUS$250M+ Debt10.2BUS$65.0M− Cash3.36BUS$21.5M− Inv. Sec.39.4BUS$251MEV
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Performance & Balance
Revenue 5Y (¥B)
63.5US$405M'22/357.5US$367M'23/357.5US$367M'24/352.9US$338M'25/356.3US$359M'26/3
EBITDA 5Y (¥B)
-5.27-US$33.6M'22/32.83US$18.1M'23/33.08US$19.6M'24/32.25US$14.4M'25/3-0.57-US$3.64M'26/3
Net Income 5Y (¥B)
-9.58-US$61.1M'22/32.40US$15.3M'23/34.24US$27.0M'24/3-6.03-US$38.5M'25/34.53US$28.9M'26/3
Capital Structure
52%
48%
EquityD/E 0.93xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
20.9US$133M39.0US$249M'22/322.3US$142M33.2US$212M'23/325.0US$160M35.7US$228M'24/317.6US$112M43.8US$279M'25/314.2US$90.8M40.2US$256M'26/3
Shareholders
Top 10 hold 25.9%
1
Resona Bank, Limited
4.95%
2
The Dai-ichi Life Insurance Company, Limited
4.23%
3
Custody Bank of Japan, Ltd. (Trust Account)
3.38%
4
Kimiyasu KATO
3.13%
5
KATO WORKS CO.,LTD. Employee Stock Ownership Association
2.38%
6
Nippon Life Insurance Company
1.97%
7
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
1.61%
8
Sumitomo Life Insurance Company
1.61%
9
JPMSPLC CLIENT ASSETS CL JPY (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.38%
10
MORGAN STANLEY & CO. LLC (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
1.29%
Management
9 officers
Kimiyasu KATO
Representative Director, President
Apr 1991 Joined the Company Jul 1993 General Manager, Corporate Auditors Office Aug 1996 General Manager, Technology Division May 1997 General Manager, Materials Division Jun 1997 Director, General Manager of Technology Division and Materials Division Jun 2001 Director, Managing Executive Officer Jun 2004 Representative Director, President (current)
1968-08-25
Takao WATANABE
Director, Managing Executive Officer
Apr 1984 Joined the Company Apr 2012 General Manager, Nagoya Branch May 2015 General Manager, Construction Machinery Sales Department, Sales Division Jul 2015 Executive Officer, General Manager of Sales Department (in charge of Construction Machinery) Jun 2018 Director, Executive Officer, General Manager of Sales Division, General Manager of Construction Machinery Sales Department Jun 2020 Director, Executive Officer, General Manager of Domestic Sales Division, General Manager of Construction Machinery Sales Department Jun 2022 Director, Managing Executive Officer, General Manager of Domestic Sales Division, in charge of Product Support Department and Technical Training Center Jun 2023 Director, Managing Executive Officer, General Manager of Domestic Sales Division, in charge of Technical Training Center (current)
1961-12-25
Chie KUNIHARA
Director
Apr 1997 Joined Oak Home Co., Ltd. Jul 2002 Chairperson, Kibo-no-Kai Social Welfare Corporation (current) Apr 2003 Principal, Kodama Nursery School, Kibo-no-Kai Social Welfare Corporation (current) Apr 2017 Chairperson, Nara City Childcare Association (current) Apr 2017 Vice Chairperson, Nara City Gender Equality Promotion Council (current) Jun 2022 Vice Representative Director, National Association of Certified Early Childhood Education and Care Centers (current) Jun 2023 Director of the Company (current)
1973-08-08
Hidetomo MAEDA
Director
Apr 1991 Joined Ishikawajima Construction Machinery Co., Ltd. (now Kato Works Co., Ltd.) Apr 2014 General Manager, Sales Strategy Department, Sales Planning Division; General Manager, Sales Strategy G, IHI Construction Machinery Co., Ltd. (now Kato Works Co., Ltd.) Jul 2018 Deputy General Manager, Sales Planning Division; General Manager, Sales Strategy Department; General Manager, Product Planning G; General Manager, Sales Strategy G; General Manager, Overseas Sales Department, HICOM Business Division of the Company Jul 2021 General Manager, Domestic Sales Division; General Manager, Wide-Area Rental Department; General Manager, Product Planning Department of the Company Jul 2022 Executive Officer, General Manager of Product Planning Department and Domestic Sales Division of the Company Jan 2024 Executive Officer, General Manager of Product Planning Department, Domestic Sales Division, Wide-Area Rental Department, Management Planning Office, India Business Preparation Office and Core System Project Office of the Company (current)
Tomoyasu KATO
Director
Apr 2019 Joined Nishimatsu Construction Co., Ltd. Jul 2021 Joined the Company Jul 2024 Acting General Manager, Procurement Division; General Manager, Procurement Management Department; General Manager, Management Planning Office; General Manager, India Business Preparation Office of the Company Jul 2025 Executive Officer, General Manager of Procurement Division, General Manager of Procurement Management Department, General Manager of Management Planning Office, General Manager of India Business Preparation Office of the Company (current)
Toshiaki KAWAKAMI
Director (Full-time Audit and Supervisory Committee Member)
Apr 1981 Joined the Company Jul 2010 Section Chief, General Affairs and Human Resources Department of the Company Jul 2014 General Manager, General Affairs and Human Resources Department of the Company Jun 2016 Executive Officer, General Manager of General Affairs and Human Resources Department of the Company Jul 2020 Executive Officer, General Manager of Management Planning Department, in charge of Management Planning Office and Business Development of the Company Jul 2021 Executive Officer, General Manager of Management Planning Department, General Manager of General Affairs Department, in charge of Management Planning Office, Business Development Office, and Internal Control and Compliance Department of the Company Apr 2022 Executive Officer, General Manager of General Affairs Department, General Affairs and Human Resources Division of the Company Jun 2022 Director (Audit and Supervisory Committee Member) of the Company (current)
1957-12-02
Hironori IMAI
Director (Audit and Supervisory Committee Member)
Apr 1997 Registered as attorney-at-law with the Second Tokyo Bar Association Apr 1997 Attorney-at-law, Tada Sogo Law Office (current) Jun 2015 Corporate Auditor of the Company Jun 2016 Director (Audit and Supervisory Committee Member) of the Company (current)
1971-01-15
Shinichiro ZAMA
Director (Audit and Supervisory Committee Member)
Apr 1977 Joined Tamagawa Gakuen Finance Department (school corporation) Apr 2001 General Manager, Secretariat, Tamagawa Gakuen Apr 2006 General Manager, Accounting Department, Tamagawa Gakuen Apr 2009 Board Councillor, Tamagawa Gakuen Mar 2015 Corporate Auditor, Haifa Genesis Co., Ltd. Apr 2015 Director, Tamagawa Gakuen Jun 2018 Director (Audit and Supervisory Committee Member) of the Company (current) Apr 2020 Assistant to the Chairman, Tamagawa Gakuen (current)
1954-10-11
Yuka KIMOTO
Director (Audit and Supervisory Committee Member)
Dec 2008 Registered with the Second Tokyo Bar Association Dec 2008 Joined Matrix International Law Office Jul 2010 Joined Torikai Sogo Law Office Apr 2024 Chairperson, Committee for Gender Equality and Promotion of Equality between Sexes, Kanto Federation of Bar Associations Apr 2024 Mediation Commissioner, Tokyo Family Court (current) Jul 2024 Partner, Makoto Law and Accounting Office Jun 2025 Representative Attorney, Yuka Kimoto Law Office (current) Jun 2025 Director (Audit and Supervisory Committee Member) of the Company (current)
1981-06-06
Large Shareholding Reports
The Dai-ichi Life Insurance Company, Limited
2025-11-20
5.56%→4.17%
Annual report (as of 2026-03-31): 4.23%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-04
株主総会招集通知
EDINETAmended
2026-02-13
Amended Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-05
Securities Registration Statement
EDINET
2025-11-20
Large Shareholding Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
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
2024-11-14
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
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
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
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-30
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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