Overview
Machinery

GALILEI CO.LTD.

Galilei Co., Ltd. (formerly Fukushima Galilei Co., Ltd.) is a holding company that transitioned to a holding company structure in April 2025, with its core operating subsidiary FukushimaGalilei Co., Ltd. carrying on the legacy business. The group specializes in the manufacture and sale of commercial refrigeration and freezing equipment, refrigerated display cases, medical and scientific products, large-scale food processing machinery, and refrigerated panel systems. The group also provides after-sales service and maintenance, serving food retail, food service, medical, and industrial markets across Japan and Asia.

Market Cap
¥138B
US$882M
EV
¥79.7B
US$508M
Stock¥3,450▲+0.15%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.1
x
LTM EV/EBIT
4.5
x
LTM PER
11.0
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-25.9%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 5, 26Profit-taking before earnings
MC → EV Bridge
138BUS$882MMarket Cap0.00BUS$0.00M+ Debt46.1BUS$294M− Cash12.6BUS$80.4M− Inv. Sec.0.10BUS$0.66M+ NCI79.7BUS$508MEV
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Performance & Balance
Revenue 5Y (¥B)
96.1US$613M'22/3105US$670M'23/3116US$739M'24/3131US$833M'25/3139US$884M'26/3
EBITDA 5Y (¥B)
11.2US$71.3M'22/312.8US$81.5M'23/316.6US$106M'24/318.1US$116M'25/318.9US$120M'26/3
Net Income 5Y (¥B)
8.17US$52.1M'22/38.65US$55.2M'23/312.3US$78.5M'24/312.0US$76.6M'25/312.2US$77.8M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
52.7US$336M'22/355.5US$354M'23/366.4US$424M'24/365.2US$416M'25/361.5US$392M'26/3
Shareholders
Top 10 hold 55.9%
1
Fukushima Kiki Hanbai Co., Ltd.
21.13%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
8.94%
3
Yutaka FUKUSHIMA
4.89%
4
GALILEI CO.LTD. Employee Stock Ownership Association
4.47%
5
Custody Bank of Japan, Ltd. (Trust Account)
3.84%
6
Ryo FUKUSHIMA
3.39%
7
TCSP Co., Ltd.
2.75%
8
STATE STREET BANK AND TRUST COMPANY 505044 (Standing Proxy: Mizuho Bank, Ltd.)
2.47%
9
CEPLUX-THE INDEPENDENT UCITS PLATFORM2 (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.34%
10
Nippon Life Insurance Company (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
1.71%
Management
8 officers
Yutaka FUKUSHIMA
Representative Director, Chairman
Apr 1975 Joined the Company Dec 1977 General Manager, Sales Development Department Feb 1981 Managing Director (in charge of Sales) Dec 1985 Senior Managing Director, General Manager, Sales Headquarters Apr 1992 Representative Director, President Jun 2022 Representative Director, Chairman and CEO Jun 2023 Representative Director, Chairman (current) Apr 2025 Director, Chairman, Fukushima Galilei Co., Ltd. (current)
1950-08-06
Go FUKUSHIMA
Representative Director, President
Jan 2005 Joined the Company Apr 2010 General Manager, Osaka Sales Department 1, Kansai Branch Apr 2011 Executive Officer, Deputy General Manager, East Japan Branch Apr 2012 Managing Executive Officer, General Manager, East Japan Branch (in charge of Tokyo Sales Department 2 and Yokohama Branch) and General Manager, Sales Development Department Jun 2013 Managing Director, General Manager, East Japan Branch (in charge of Tohoku Branch, Tokyo Sales Department 2, Sales Development Department, Tokyo CS Department, Tokyo Technical Department and SB Business Division) and ST Marketing Officer Apr 2014 Senior Managing Director, General Manager, Sales Headquarters, General Manager, East Japan Branch (in charge of Tohoku and Shinetsu Branches, Tokyo Sales Department 2, Kanto Service Center and Tokyo Technical Department) Jun 2022 Representative Director, President and Executive Officer, COO Jun 2023 Representative Director, President and Executive Officer Mar 2024 Representative Director, President, Fukushima Trading Co., Ltd. (current) May 2024 Representative Director, President, Galilei Co., Ltd. (spin-off preparatory company, now Fukushima Galilei Co., Ltd.) (current) Jun 2025 Representative Director, President (current)
1977-05-23
Ryo FUKUSHIMA
Director, Vice Chairman in charge of Overseas Business
Apr 1981 Joined the Company Dec 1984 General Manager, Production Management Department Dec 1987 Plant Manager, Head Plant Feb 1989 Director, Manufacturing Headquarters, Plant Manager, Head Plant Apr 1994 Managing Director, Plant Manager, Osaka Plant Apr 2000 Senior Managing Director, General Manager, Tokyo Branch and Sales Strategy Department Apr 2003 Senior Managing Director, General Manager, Sales Headquarters and Tokyo Branch Jan 2013 Representative Director, President, FSP Co., Ltd. (now Galilei Panel Create Co., Ltd.) Apr 2014 Director, Executive Vice President, in charge of Engineering Business Division and Asia Business Division Jun 2022 Director, Vice Chairman and Executive Officer, in charge of FMS Business Division and Engineering Business Division Apr 2023 Director, Vice Chairman and Executive Officer, in charge of FMS Business Division, Engineering Business Division and Asia Business Division (current) Apr 2025 Director, Vice Chairman and Executive Officer, in charge of Overseas Business Apr 2025 Director, Vice Chairman, Fukushima Galilei Co., Ltd. (current) Apr 2025 Chairman, Galilei Panel Create Co., Ltd. (current) Jun 2025 Director, Vice Chairman, in charge of Overseas Business (current)
1958-02-06
Kenji HORINOUCHI
Director (Full-time Audit and Supervisory Committee Member)
Apr 1981 Joined the Company Apr 2007 General Manager, Osaka Sales Department 2 Apr 2012 Deputy General Manager, Kansai Branch, and General Manager, Osaka Sales Department 2 Apr 2013 General Manager, Hokkaido Branch Jun 2021 Director (Full-time Audit and Supervisory Committee Member) (current) May 2024 Statutory Auditor, Galilei Co., Ltd. (spin-off preparatory company, now Fukushima Galilei Co., Ltd.) (current)
1960-04-07
Kinuko HAYASHI
Outside Director (Full-time Audit and Supervisory Committee Member)
Oct 1992 Joined KPMG Division, Osaka Office, Century Audit Corporation (now Azsa LLC) Apr 1998 Joined Second Division, Osaka Office, Century Audit Corporation (now EY ShinNihon LLC) Jun 2002 Deputy Director, Hayashi Certified Public Accountant and Tax Accountant Office Jun 2014 Auditor, Sanko Shifuku-kai Social Welfare Corporation (current) Apr 2016 Auditor, Kobe University (National University Corporation) Mar 2020 Audit & Supervisory Board Member, Kobe University Innovation Co., Ltd. Dec 2024 Adviser, HOIST Inc. Jun 2025 Outside Director (Full-time Audit and Supervisory Committee Member) of the Company (current) Jun 2025 Statutory Auditor, Fukushima Galilei Co., Ltd. (current)
1968-04-01
Keiichi YOSHITOSHI
Outside Director (Audit and Supervisory Committee Member)
May 1979 Joined Sanyo Electric Co., Ltd. (now Panasonic Holdings Corporation) Apr 2003 Executive Officer, General Manager, Technology Development Headquarters, in charge of Staff Division (Intellectual Property) Jul 2006 Executive Officer, Vice President, AV Company, and General Manager, Projector Business Unit Apr 2008 Executive Officer, General Manager, Projector Business Division, Digital Systems Company Sep 2012 Part-time Lecturer, Faculty of Engineering, Osaka Sangyo University Jun 2016 Outside Director of the Company Jun 2020 Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1950-10-25
Tatsuya NIWA
Outside Director
Apr 1996 Joined The Sanwa Bank, Ltd. (now MUFG Bank, Ltd.) Apr 2004 Joined Niwa Trust Co., Ltd. Apr 2006 Assumed position of Representative Director, President, Niwa Trust Co., Ltd. Apr 2013 Registered as Certified Tax Accountant Mar 2018 Registered as Real Estate Appraiser Dec 2022 Representative Director, President, Niwa Holdings Co., Ltd. (current) Jun 2026 Outside Director of the Company
1974-01-20
Mieko OKITA
Outside Director
Apr 2000 Appointed Public Prosecutor Apr 2013 Registered as Attorney-at-Law; joined Shimada Law Office (current) Jun 2019 Outside Director, Chimney Co., Ltd. Jun 2023 Outside Corporate Auditor, Technology Succession Organization Co., Ltd. (current) Jun 2026 Outside Director of the Company
1975-08-07
Large Shareholding Reports
FIAM LLC
2026-06-10
2.68%→3.63%
FMR LLC
2026-06-10
5.07%→6.15%
Correction filing (name/detail fix only) — ratio carried over from the original filing
FIAM LLC
2026-06-09
2.68%
FMR LLC
2026-06-09
—
FMR LLC
2026-04-22
5.07%→6.15%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-06-10
Change Report
EDINET
2026-06-10
Large Shareholding Report
EDINET
2026-06-09
Large Shareholding Report
EDINETAmended
2026-06-09
Change Report
EDINET
2026-04-22
Large Shareholding Report
TDnet
2026-02-04
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
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
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-07-31
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-03-28
Amended Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINETAmended
2024-03-28
Amended Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
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
2022-08-10
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
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