Overview
Machinery

TAKAMISAWA CYBERNETICS COMPANY,LTD.

Takamisawa Cybernetics is a developer and manufacturer of electronic control equipment across three core segments: Transportation Systems (automatic ticket vending machines, fare adjustment machines, platform doors/screen doors for railway operators), Mechatronics Units (banknote, coin, card, and printing processing units supplied to financial terminal and vending machine manufacturers), and Special Systems (security gates, bicycle parking management systems, and seismic measurement systems for disaster prevention). The company is historically notable for developing the world's first multi-function automatic ticket vending machine, and continues to serve railway operators, financial institutions, public facilities, and government agencies. Key competitive strengths include deep domain expertise in station equipment, OEM mechatronics components, and a growing EMS (Electronics Manufacturing Services) business operated under the TMSC brand.

Market Cap
¥3.64B
US$23.2M
EV
¥3.99B
US$25.4M
Stock¥873▲+0.46%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.8
x
LTM EV/EBIT
11.0
x
LTM PER
11.5
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-27.9%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
3.64BUS$23.2MMarket Cap4.37BUS$27.9M+ Debt2.84BUS$18.1M− Cash1.18BUS$7.52M− Inv. Sec.3.99BUS$25.4MEV
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Performance & Balance
Revenue 5Y (¥B)
9.91US$63.2M'22/310.7US$68.3M'23/313.1US$83.2M'24/315.4US$98.2M'25/312.9US$82.3M'26/3
EBITDA 5Y (¥B)
0.78US$5.00M'22/31.07US$6.83M'23/31.38US$8.77M'24/31.71US$10.9M'25/30.95US$6.03M'26/3
Net Income 5Y (¥B)
0.11US$0.70M'22/30.45US$2.88M'23/30.66US$4.18M'24/31.00US$6.38M'25/30.50US$3.16M'26/3
Capital Structure
58%
42%
EquityD/E 0.73xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.59US$22.9M5.32US$33.9M'22/33.24US$20.7M4.76US$30.4M'23/33.74US$23.8M5.01US$32.0M'24/33.76US$24.0M4.73US$30.2M'25/33.92US$25.0M4.76US$30.3M'26/3
Shareholders
Top 10 hold 51.7%
1
FUJI ELECTRIC CO.,LTD.
14.06%
2
Fujitsu Limited
7.15%
3
FUJITSU FRONTECH LIMITED
5.68%
4
TAKAMISAWA CYBERNETICS COMPANY,LTD. Employee Stock Ownership Association
4.85%
5
Kazuo TAKAMISAWA
4.46%
6
NISHIKAWA KEISOKU Co.,Ltd.
4.09%
7
Mizuho Bank, Ltd.
3.98%
8
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, FUJI ELECTRIC CO.,LTD. Account; Re-trustee: Custody Bank of Japan, Ltd.)
2.88%
9
Iida Tsusho Co., Ltd.
2.32%
10
MUFG Bank, Ltd.
2.27%
Management
14 officers
Kazuo TAKAMISAWA
Representative Director, President and Executive Officer
Jul 1987 Joined the Company Jun 1995 Representative Director, President, Takamisawa Service Co., Ltd. Jun 1996 Director, the Company Jun 1999 Director, Vice President, the Company Jun 2000 Representative Director, President, the Company (current) Jun 2024 President and Executive Officer, the Company (current)
1955-11-27
Yuji SHIMOSATO
Managing Director, Managing Executive Officer, Head of Sales Headquarters
Apr 1984 Joined the Company Apr 2008 Head of Nagoya Sales Office, Social Systems Headquarters, the Company Apr 2010 Deputy Head, Mechatronics and Special Equipment Division, Social and Industrial Systems Headquarters, the Company Apr 2011 Head, Mechatronics and Special Equipment Division, Social and Industrial Systems Headquarters, the Company Apr 2014 Head, Mechatronics Division, Social and Industrial Systems Headquarters, the Company Apr 2017 Head, Social and Industrial Systems Headquarters, the Company Apr 2018 Head, Sales Headquarters, the Company Jun 2018 Director, Head of Sales Headquarters, the Company Jun 2024 Director, Managing Executive Officer, Head of Sales Headquarters, the Company Jun 2026 Managing Director, Managing Executive Officer, Head of Sales Headquarters, the Company (current)
1961-08-16
Hiroya FUJIMAGARI
Managing Director, Managing Executive Officer, Head of Technical Headquarters
Apr 1983 Joined the Company Apr 2013 General Manager, Third Technical Department, Technical Center, Social and Industrial Systems Headquarters, the Company Apr 2014 Deputy Head, Technical Center, Technical Headquarters, the Company Apr 2016 Head, Mechanical and Control Design Center, Technical Headquarters, the Company Apr 2020 Head, Technical Headquarters, the Company Jun 2020 Director, Head of Technical Headquarters, the Company Jun 2024 Director, Managing Executive Officer, Head of Technical Headquarters, the Company Jun 2026 Managing Director, Managing Executive Officer, Head of Technical Headquarters, the Company (current)
1960-11-07
Toshiaki TAKAHASHI
Director, Managing Executive Officer, Head of Administration Headquarters
Apr 1979 Joined the Company Apr 2004 General Manager, Business Department, Special Equipment Headquarters, the Company Apr 2010 Deputy Head, Business Center, Social Systems Headquarters, the Company Apr 2011 Deputy Head, Support Center, Social and Industrial Systems Headquarters, the Company Apr 2013 Manager, Administration Office, Management Headquarters, the Company Apr 2014 General Manager, Corporate Planning Office, Management Headquarters, the Company Aug 2014 Deputy Head, Management Headquarters, and General Manager, Corporate Planning Office, the Company Apr 2016 Head, Administration Headquarters, and General Manager, Corporate Planning Office, the Company Jun 2016 Director, Head of Administration Headquarters, and General Manager, Corporate Planning Office, the Company Apr 2018 Director, Head of Administration Headquarters, General Manager, Corporate Planning Office, and General Manager, Business Integration Office, the Company Apr 2020 Director, Head of Administration Headquarters, and General Manager, Business Integration Office, the Company Jun 2024 Director, Executive Officer, Head of Administration Headquarters, and General Manager, Business Integration Office, the Company Jun 2025 Director, Managing Executive Officer, Head of Administration Headquarters, and General Manager, Business Integration Office, the Company (current)
1956-09-14
Koji TSUCHIYA
Director, Executive Officer, Head of Manufacturing Headquarters
Jul 1986 Joined the Company Apr 2011 General Manager, Quality Control Division, Quality Assurance Center, Technical Headquarters, the Company Apr 2015 Head, Quality Assurance Center, Quality Assurance Headquarters, the Company Apr 2020 Head, Production Center, and TMSC/P Leader, Manufacturing Headquarters, the Company Apr 2021 Head, Manufacturing Headquarters, Head, Production Center, and TMSC/P Leader, the Company Apr 2022 Head, Manufacturing Headquarters, the Company Jun 2024 Director, Executive Officer, Head of Manufacturing Headquarters, the Company (current)
1963-06-19
Hajime ARAI
Director, Executive Officer, Head of Quality Assurance Headquarters
Apr 1983 Joined the Company Apr 2009 General Manager, First Quality Assurance Department, Quality Assurance Center, Manufacturing Headquarters, the Company Apr 2015 Deputy Head, Quality Assurance Center, Quality Assurance Headquarters, the Company Apr 2020 Head, Quality Assurance Center, Quality Assurance Headquarters, the Company Apr 2021 Head, Quality Assurance Headquarters, the Company Jun 2024 Director, Executive Officer, Head of Quality Assurance Headquarters, the Company (current)
1964-09-06
Hiroshi TANAKA
Full-time Corporate Auditor
Apr 1984 Joined the Company Apr 2007 General Manager, Intellectual Property Department, General Management Center, Management Headquarters, the Company Apr 2012 General Manager, General Affairs Department, Management Headquarters Office, the Company Apr 2013 Deputy Head, Management Headquarters Office, and General Manager, General Affairs Department, the Company Apr 2015 Head, Management Headquarters Office, and General Manager, General Affairs Department, the Company Jul 2017 Deputy Head, Administration Headquarters, Head of Management Headquarters Office, and General Manager, General Affairs Department, the Company Apr 2020 Deputy Head, Administration Headquarters, and Head of Management Headquarters Office, the Company Apr 2022 Deputy Head, Administration Headquarters, the Company Jun 2022 Full-time Corporate Auditor, the Company (current)
1960-09-28
Michio SHINOZAKI
Full-time Corporate Auditor
Apr 1983 Joined the Company Apr 2011 General Manager, Technical Management Department, Technical Center, Technical Headquarters, the Company Apr 2013 General Manager, Management Department, Management Office, Management Headquarters, the Company Jun 2015 General Manager, Internal Audit Office, the Company Apr 2018 Head, Compliance Office, the Company Jun 2020 Full-time Corporate Auditor, the Company (current)
1959-02-22
Yasuhiro TAKAHASHI
Director
May 1980 Joined Fuji Electric Refrigeration Co., Ltd. (currently Fuji Electric Co., Ltd.) Apr 2010 Joined Fuji Electric Retail Systems Co., Ltd. (currently Fuji Electric Co., Ltd.) Apr 2016 Executive Officer and Deputy Head, Food Distribution Business Headquarters, Fuji Electric Co., Ltd. Apr 2020 Managing Executive Officer and Head, Food Distribution Business Headquarters, Fuji Electric Co., Ltd. Apr 2021 Special Adviser, Fuji Electric Co., Ltd. Jun 2021 Outside Director, Tokyo Tokushu Densen Co., Ltd. (currently TOTOKU Co., Ltd.) Jun 2021 Outside Corporate Auditor, Nohmi Bosai Ltd. Jun 2024 Outside Director, the Company (current)
1956-08-13
Shinichiro NOGUCHI
Director
Apr 1986 Joined Gunma Fujitsu Co., Ltd. (currently Fujitsu Terminal Solutions Ltd.) Jun 2013 General Manager, Financial Services Business Division, Service Business Headquarters, Fujitsu Frontech Ltd. Apr 2018 Deputy Head, Service Business Headquarters, Fujitsu Frontech Ltd. Dec 2018 Vice Head, Service Business Headquarters, Fujitsu Frontech Ltd. Apr 2019 Executive Officer, Deputy Head, Service Business Headquarters, Fujitsu Frontech Ltd. Apr 2021 Executive Officer, Head, Finance and Retail Business Headquarters, Fujitsu Frontech Ltd. Apr 2023 Managing Executive Officer, Head, Solutions and Services Business Group, Fujitsu Frontech Ltd. Jun 2023 Outside Director, the Company (current) Apr 2025 Executive Director, Fujitsu Frontech Systems Ltd. (currently Fujitsu Terminal Solutions Ltd.) (current)
1963-05-29
Takashi KITAMURA
Director
Apr 1976 Joined the Ministry of Transport (currently Ministry of Land, Infrastructure, Transport and Tourism) Jul 2008 Director-General, Railway Bureau, Ministry of Land, Infrastructure, Transport and Tourism Jul 2009 Director-General, Minister's Secretariat, Ministry of Land, Infrastructure, Transport and Tourism Aug 2010 Director-General, Policy Bureau, Ministry of Land, Infrastructure, Transport and Tourism Sep 2011 Vice Minister, Ministry of Land, Infrastructure, Transport and Tourism Sep 2012 Commissioner, Japan Coast Guard, Ministry of Land, Infrastructure, Transport and Tourism Aug 2013 Deputy Director-General, Cabinet Secretariat for National Resilience Promotion Oct 2014 Special Adviser, Osaka International Airport Terminal Co., Ltd. (currently New Kansai International Airport Co., Ltd.) Oct 2015 President, Japan Railway Construction, Transport and Technology Agency Jul 2023 President, Japan Hydrographic Association (current) Jul 2024 President, Weather Business Support Center (current) Jun 2026 Outside Director, the Company (current)
1953-12-09
Naoko IZUMI
Corporate Auditor
Apr 1978 Joined Fujitsu Limited Oct 1988 Member, Information Processing Society of Japan (currently Senior Member) Apr 1990 Research Student, Graduate School of Science and Engineering, Tokyo Institute of Technology Mar 1997 Completed Doctoral Program, Graduate School of Science and Engineering, Tokyo Institute of Technology (Ph.D. in Engineering) Apr 2005 Professor, Department of Social Informatics, Faculty of Social Informatics, Jumonji University Apr 2005 Special Researcher, Tokyo Institute of Technology Apr 2011 Professor, Department of Living Informatics, Faculty of Human Life Sciences, Jumonji University Apr 2020 Professor Emeritus, Jumonji University (current) Jun 2023 Outside Corporate Auditor, the Company (current)
1954-06-24
Yoshihiko NISHIYAMA
Corporate Auditor
Apr 1981 Joined Izumi Electric Co., Ltd. (currently IDEC Corporation) Apr 2007 General Manager, Management Department, IDEC Corporation Apr 2010 Executive Officer in charge of Management, and General Manager, Management Department, IDEC Corporation Feb 2012 Representative Director, President, IDEC Controls Co., Ltd. (currently S&C Solutions Co., Ltd.) Apr 2024 Executive Officer, in charge of special assignments, Office of the President, IDEC Corporation (current) Jun 2025 Outside Corporate Auditor, the Company (current)
1958-12-16
Shigeo MURAI
Corporate Auditor
Apr 1977 Joined Maruei Co., Ltd. Apr 2009 General Manager, Facilities Support Department, Maruei Facilities Support Co., Ltd., Maruei Group Apr 2011 General Manager, Maruei Group Business Division, Maruei Co., Ltd. Sep 2013 Assistant General Manager, Sales Headquarters, Maruei Co., Ltd. Aug 2018 Secretariat Manager, Metropolitan Area FB Business Division, Yataro Co., Ltd. Apr 2026 Office Manager, Metropolitan Area Food Business Division, Yataro Co., Ltd. (current) Jun 2026 Outside Corporate Auditor, the Company (current)
1953-05-11
Large Shareholding Reports
Mizuho Trust & Banking Co., Ltd.
2026-09-07
5.61%
Fujitsu Frontech Limited
2026-05-21
5.52%→5.52%
Annual report (as of 2026-03-31): 5.68%
Fuji Electric Co., Ltd.
2026-05-21
17.30%→13.40%
Annual report (as of 2026-03-31): 14.06%
Fujitsu Limited
2026-02-20
9.94%→6.95%
Annual report (as of 2026-03-31): 7.15%
Fuji Electric Co., Ltd.
2025-11-20
20.00%→17.30%
Annual report (as of 2026-03-31): 14.06%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-07
Large Shareholding Report
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-21
Large Shareholding Report
EDINET
2026-05-21
Large Shareholding Report
EDINET
2026-02-20
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
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
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
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
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
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
2022-08-12
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
2021-08-12
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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