Overview
Electric Appliances

SHIBAURA MECHATRONICS CORPORATION

Shibaura Mechatronics Corporation develops and manufactures semiconductor manufacturing equipment (cleaning, etching, ashing, and inspection systems), FPD (flat panel display) manufacturing equipment, and vacuum application equipment including sputtering and vacuum bonding systems. The company also produces laser and microwave application devices, secondary battery and solar cell manufacturing equipment, and automated vending/ticketing machines. Leveraging its core mechatronics technology, the company serves customers primarily across Asia through a network of domestic and overseas subsidiaries.

Market Cap
¥205B
US$1.31B
EV
¥189B
US$1.20B
Stock¥3,130▼-1.88%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.5
x
LTM EV/EBIT
13.4
x
LTM PER
20.1
x
LTM PBR
3.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-27.7%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 5, 26Oasis Fund large shareholding disclosure
2Aug 7, 26Q1 FY2027/03 earnings announced
3Oct 15, 26Global semiconductor stock selloff after US CPI beat and CoreWeave bond price plunge
MC → EV Bridge
205BUS$1.31BMarket Cap8.66BUS$55.2M+ Debt24.7BUS$158M− Cash0.61BUS$3.88M− Inv. Sec.189BUS$1.20BEV
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Performance & Balance
Revenue 5Y (¥B)
49.3US$314M'22/361.0US$389M'23/367.6US$431M'24/380.9US$516M'25/388.0US$561M'26/3
EBITDA 5Y (¥B)
6.94US$44.3M'22/312.7US$81.2M'23/314.2US$90.6M'24/316.8US$107M'25/318.6US$119M'26/3
Net Income 5Y (¥B)
2.98US$19.0M'22/39.20US$58.7M'23/38.79US$56.1M'24/310.3US$65.9M'25/311.2US$71.3M'26/3
Capital Structure
86%
EquityD/E 0.16xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
26.4US$168M10.2US$65.1M'22/327.2US$173M8.79US$56.0M'23/327.2US$174M8.76US$55.9M'24/328.5US$182M8.74US$55.7M'25/322.0US$140M8.66US$55.2M'26/3
Shareholders
Top 10 hold 41.0%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
11.16%
2
Shin-Etsu Engineering Co., Ltd.
5.92%
3
Custody Bank of Japan, Ltd. (Trust Account)
5.70%
4
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
4.38%
5
MORGAN STANLEY & CO.LLC (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
3.42%
6
MSCO CUSTOMER SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
3.27%
7
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
2.70%
8
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
1.63%
9
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
1.52%
10
HSBC HONG KONG-TREASURY SERVICES A/C ASIAN EQUITIES DERIVATIVES (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.34%
Management
10 officers
Keigo IMAMURA
Representative Director, President and Executive Officer
Apr 1985 Joined Toshiba Corporation Aug 1996 Joined the Company Apr 2009 General Manager, Bonding Equipment Department, Sagamino Works Apr 2011 Deputy General Manager, Production & Procurement Division; General Manager, Mechatronics System Equipment Division Jun 2014 Director; General Manager, Production & Procurement Division Jan 2015 Director; General Manager, Production & Procurement Division; General Manager, Fine Mechatronics Equipment Division, Fine Mechatronics Business Division Jun 2017 Managing Executive Officer; Deputy General Manager, Fine Mechatronics Business Division Jun 2019 Director, Managing Executive Officer; General Manager, Fine Mechatronics Business Division Jun 2020 Director, Senior Managing Executive Officer; General Manager, Fine Mechatronics Business Division Jun 2021 Representative Director, President and Executive Officer (current)
1962-09-30
Sadaaki KUROKAWA
Director, Senior Managing Executive Officer; General Manager, Fine Mechatronics Business Division
Apr 1988 Joined the Company Apr 2010 General Manager, Technical Group No. 2, Fine Mechatronics Business Division Jul 2015 Deputy General Manager, Fine Mechatronics Equipment Division, Fine Mechatronics Business Division Apr 2017 General Manager, Semiconductor Equipment Division, Fine Mechatronics Business Division May 2018 Deputy General Manager, Fine Mechatronics Business Division Jun 2019 Executive Officer; Deputy General Manager, Fine Mechatronics Business Division Jun 2021 Director, Managing Executive Officer; General Manager, Fine Mechatronics Business Division Jun 2026 Director, Senior Managing Executive Officer; General Manager, Fine Mechatronics Business Division (current)
1966-02-13
Kazutoshi HORIUCHI
Director, Managing Executive Officer; General Manager, Mechatronics Systems Business Division
Apr 1993 Joined the Company Apr 2010 Chief Staff, Sales Department No. 1, Fine Mechatronics Business Division Apr 2013 General Manager, Sales Department No. 1, Fine Mechatronics Business Division Apr 2015 Deputy General Manager, Fine Mechatronics Business Division Jun 2019 Executive Officer; Deputy General Manager, Fine Mechatronics Business Division Jun 2022 Director, Managing Executive Officer; General Manager, Mechatronics Systems Business Division (current)
1969-04-08
Tomoko INANAMI
Outside Director
Apr 1996 Registered as attorney-at-law (Daini Tokyo Bar Association); joined Hikari Sogo Law Office Jan 2002 Joined Tanmune Yamamoto Law Office (now Infotech Law Office) Jun 2013 Established Hijiri Law Office Oct 2013 Registered as patent attorney Jun 2015 Outside Director of the Company (current) Aug 2017 Joined Tatsumura Law Office (current)
1966-07-22
Mitsuru ONO
Outside Director
Apr 1981 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Apr 2011 Executive Officer and General Manager, International Credit Risk Management Department, Sumitomo Mitsui Banking Corporation Apr 2012 Executive Officer and Deputy Chief Officer, International Division, Sumitomo Mitsui Banking Corporation Jun 2015 Full-time Audit & Supervisory Board Member, Sumitomo Mitsui Banking Corporation May 2017 Advisor, Mazda Motor Corporation Jun 2017 Director, Senior Managing Executive Officer; in charge of Finance, Assistant to Corporate Sales Supervision, and Global Public Relations, Mazda Motor Corporation Jun 2018 Director, Senior Managing Executive Officer; in charge of Finance and Management Areas, Assistant to Corporate Sales Supervision, Mazda Motor Corporation Jun 2019 Director, Senior Managing Executive Officer; in charge of Finance and Management Areas, Mazda Motor Corporation Jun 2021 Director, Senior Managing Executive Officer; in charge of Finance and Corporate Planning, Mazda Motor Corporation Jun 2023 Director, Senior Managing Executive Officer; in charge of Corporate Planning, Mazda Motor Corporation (until Jun 2024) Jun 2025 Outside Director of the Company (current)
1958-12-25
Yukiko SAWA
Outside Director
Apr 1988 Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Sep 1998 Associate, Investment Banking Division, Merrill Lynch Japan Securities Co., Ltd. (now BofA Securities Japan Co., Ltd.) Jul 2002 Executive Director, Investment Banking Division, J.P. Morgan Securities Japan Co., Ltd. Mar 2012 Senior Manager, Corporate Planning Department, Ajinomoto Co., Inc. Jul 2017 General Manager, Corporate Strategy Department and Executive Officer, Ajinomoto Co., Inc. (until Mar 2024) Jun 2021 Director and CFO, KORTUC Co., Ltd. (until Sep 2022; concurrently at Ajinomoto Co., Inc.) Apr 2024 Executive Officer and Deputy General Manager, Investment Advisory Department, Sumitomo Corporation (until Mar 2025) Jun 2025 Outside Director of the Company (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, Suruga Bank Ltd. (current)
1964-12-14
Yasuhiko YAMATO
Full-time Audit & Supervisory Board Member
Apr 1984 Joined Toshiba Corporation Aug 1996 Joined the Company Apr 2001 Section Manager, Sales Department No. 2, Semiconductor Equipment Division Jul 2004 General Manager, Sales Department, Bonding Equipment Division Apr 2009 Deputy General Manager, Bonding Equipment Division May 2013 Assistant to General Manager, Fine Mechatronics Business Division; General Manager, Administration Group Apr 2016 Provisional Audit & Supervisory Board Member Jun 2016 Audit & Supervisory Board Member (current)
1961-07-24
Noriko ITAI
Outside Audit & Supervisory Board Member
Oct 2000 Registered as attorney-at-law (Daiichi Tokyo Bar Association); joined Aoki, Sekine & Tanaka Law Office (current) Sep 2008 Practiced at Herrick, Feinstein LLP (until Jul 2009) Feb 2010 Registered as attorney-at-law, State of New York, USA Mar 2021 Member, Industrial Property Council (until Mar 2023) Jun 2023 Outside Audit & Supervisory Board Member of the Company (current)
1969-08-23
Tomoyoshi INOUE
Outside Audit & Supervisory Board Member
Apr 1987 Joined Asahi Shinwa Certified Public Accountants (now Ernst & Young ShinNihon LLC) Mar 1990 Registered as Certified Public Accountant May 2008 Engagement Partner, Azusa Audit Corporation (now Ernst & Young ShinNihon LLC) Jul 2012 HR Partner, Second Business Division, Ernst & Young ShinNihon LLC Jul 2015 Quality Control Director, Second Business Division, Ernst & Young ShinNihon LLC Jul 2021 Quality Control Director, Second Integrated Business Division, Ernst & Young ShinNihon LLC Jul 2022 Principal, Tomoyoshi Inoue Certified Public Accountant Office Jun 2024 Outside Audit & Supervisory Board Member of the Company (current) Jul 2024 Partner, Minori Audit Corporation (current)
1965-01-28
Keiji KUWATA
Outside Audit & Supervisory Board Member
Apr 1985 Joined Kirin Brewery Company, Limited (now Kirin Holdings Company, Limited) Mar 2009 Director and Head of Kanto Branch, Kirin Logistics Co., Ltd. (now Kirin Group Logistics Co., Ltd.) Sep 2010 Director and Head of East Japan Branch, Kirin Logistics Co., Ltd. Mar 2013 General Manager, Corporate Planning Department, Kirin Brewery Company, Limited (now Kirin Holdings Company, Limited) Apr 2015 Executive Officer and General Manager, Corporate Planning Department, Kirin Brewery Company, Limited Mar 2016 Director in charge of Group Management Strategy, Kirin Holdings Company, Limited Mar 2017 Executive Officer and General Manager, Corporate Planning Department, Kirin Brewery Company, Limited Mar 2018 Managing Executive Officer and General Manager, Corporate Planning Department, Kirin Brewery Company, Limited Mar 2019 Full-time Audit & Supervisory Board Member, Kirin Holdings Company, Limited (until Mar 2023) Mar 2019 Audit & Supervisory Board Member, Kyowa Hakko Kirin Co., Ltd. (now Kyowa Kirin Co., Ltd.) (until Mar 2023) Jun 2025 Outside Audit & Supervisory Board Member of the Company (current)
1962-09-21
Large Shareholding Reports
Capital Research and Management Company
2026-10-22
8.22%→8.21%
Nomura Asset Management Co., Ltd.
2026-09-07
3.60%→4.10%
Nomura Asset Management Co., Ltd.
2026-07-23
2.53%→3.16%
Capital Research and Management Company
2026-06-22
8.22%
Nomura Asset Management Co., Ltd.
2026-05-07
2.53%
Capital Research and Management Company
2026-03-06
5.14%→3.34%
Morgan Stanley & Co. International plc
2026-02-05
4.39%→3.35%
Capital Research and Management Company
2026-01-22
5.14%
Morgan Stanley & Co. International plc
2026-01-21
4.39%
Morgan Stanley & Co. International plc
2026-01-08
6.02%→1.27%
Morgan Stanley & Co. International plc
2025-12-19
4.35%→6.02%
Morgan Stanley & Co. International plc
2025-12-04
4.63%→4.35%
Morgan Stanley & Co. International plc
2025-11-20
5.22%→4.63%
Morgan Stanley & Co. International plc
2025-11-07
5.59%→5.22%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-11-07
3.78%→2.65%
Morgan Stanley & Co. International plc
2025-10-21
5.59%
Nomura Asset Management Co., Ltd.
2025-10-20
4.03%→2.95%
Nomura Asset Management Co., Ltd.
2025-09-22
3.09%→4.03%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.28%→3.78%
NOMURA INTERNATIONAL PLC
2025-08-22
5.57%→3.62%
NOMURA INTERNATIONAL PLC
2025-08-06
4.42%→5.57%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-22
Large Shareholding Report
EDINETAmended
2026-09-28
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-09-07
Large Shareholding Report
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-06-15
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-07
Large Shareholding Report
EDINET
2026-03-06
Large Shareholding Report
EDINET
2026-02-05
Large Shareholding Report
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-22
Large Shareholding Report
EDINET
2026-01-21
Large Shareholding Report
EDINET
2026-01-08
Large Shareholding Report
EDINET
2025-12-19
Large Shareholding Report
EDINET
2025-12-04
Large Shareholding Report
EDINET
2025-11-20
Large Shareholding Report
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-11-07
Large Shareholding Report
EDINET
2025-11-07
Large Shareholding Report
EDINET
2025-10-21
Large Shareholding Report
EDINET
2025-10-20
Large Shareholding Report
EDINET
2025-09-22
Large Shareholding Report
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-08-22
Large Shareholding Report
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-08-06
Large Shareholding Report
EDINET
2025-06-17
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-06
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
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