Overview
Electric Appliances

FUJI ELECTRIC INDUSTRY CO.,LTD.

Fuji Denki Kogyo (不二電機工業) manufactures and sells a broad range of electrical control equipment, including control switches (cam switches, auxiliary switches, railway vehicle switches, push-button switches), connection devices (terminal blocks, connectors), indicator lights and displays (LED indicators, electromagnetic displays, railway vehicle indicator lights), and electronic application devices (annunciator relays, voltage relays, interface units). The company serves industrial automation, railway, and infrastructure markets. Over 90% of revenues are derived from the manufacture, processing, and sale of electrical control equipment, with no consolidated subsidiaries or affiliated companies.

Market Cap
¥5.59B
US$35.6M
EV
¥-0.65B
-US$4.13M
Stock¥1,076▼-0.37%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
26.1
x
LTM PBR
0.6
x
2026-08-25 closing price basis: ranked #139 in beluuga.ai's "Japanese listed companies with negative Enterprise Value" ranking (simplified EV ≈ ¥-1B).
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-24.7%pt
100
Oct 23, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
5.59BUS$35.6MMarket Cap0.12BUS$0.76M+ Debt4.11BUS$26.2M− Cash2.25BUS$14.3M− Inv. Sec.-0.65B-US$4.13MEV
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Performance & Balance
Revenue 5Y (¥B)
3.72US$23.7M'22/13.71US$23.6M'23/13.72US$23.7M'24/13.93US$25.0M'25/13.78US$24.0M'26/1
EBITDA 5Y (¥B)
0.53US$3.39M'22/10.58US$3.67M'23/10.61US$3.91M'24/10.50US$3.19M'25/10.48US$3.03M'26/1
Net Income 5Y (¥B)
0.19US$1.22M'22/10.26US$1.67M'23/10.35US$2.22M'24/10.24US$1.53M'25/10.24US$1.50M'26/1
Capital Structure
99%
EquityD/E 0.01xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5.13US$32.7M0.12US$0.76M'22/15.08US$32.3M0.12US$0.76M'23/15.48US$34.9M0.12US$0.76M'24/15.03US$32.0M0.12US$0.76M'25/15.38US$34.3M0.12US$0.76M'26/1
Shareholders
Top 10 hold 35.8%
1
Fujimoto Scholarship Foundation (Public Interest Foundation)
12.51%
2
Toyoshi FUJIMOTO
11.39%
3
The Kyoto Chuo Shinkin Bank
2.88%
4
The Bank of Kyoto, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
2.54%
5
Yoshiki SASAKI
1.53%
6
Nippon Life Insurance Company (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
1.08%
7
FUJI ELECTRIC INDUSTRY CO.,LTD. Employee Stock Ownership Association
1.07%
8
Ryohei FUJIMOTO
0.97%
9
Yuya FUJIMOTO
0.90%
10
Custody Bank of Japan, Ltd. (Trust Account)
0.90%
Management
9 officers
Tatsushi YAGI
Representative Director, President
Apr 1996 Joined the Company Feb 2016 General Manager, Technical Department, Technical Sales Division Feb 2017 Executive Officer; Head of Technical Sales Division; General Manager, Technical Department Sep 2017 Executive Officer, Assistant to the President; Head of Technical Sales Division Apr 2018 Representative Director, President (current)
1974-02-26
Akihiro SHIKASA
Managing Director, Executive Officer, Head of Technical Sales Division, General Manager of Technical Department
Apr 1983 Joined the Company Feb 2004 Executive Officer; General Manager, Production Group Feb 2008 Executive Officer, Head of Production Division; General Manager, Production Group Apr 2008 Director; Senior Executive Officer, Head of Production Division; General Manager, Production Group Aug 2009 General Manager, Technology Group Feb 2011 Head of Technical Sales Division; General Manager, Technical Sales Department Feb 2013 Head of Production Division; General Manager, Kusatsu Manufacturing Department Feb 2015 General Manager, Administration Department Apr 2016 Director (Audit and Supervisory Committee Member) Apr 2024 Managing Director (current); Executive Officer (current); Head of Technical Sales Division (current); General Manager, Technical Department (current)
1960-05-26
Takeshi NAKASHIMIZU
Director, Executive Officer, Head of Management Division, General Manager of Human Resources Department
Apr 1994 Joined the Company Feb 2015 Executive Officer; General Manager, Shinasahi Manufacturing Department Feb 2017 Executive Officer; General Manager, Kusatsu Manufacturing Department Apr 2018 Director (current); Executive Officer (current); General Manager, Human Resources Department (current) Feb 2021 Head of Management Division (current)
1974-02-10
Tokuko SHIMOMURA
Director, Executive Officer, General Manager of General Affairs Department
Oct 1999 Joined Chuo Audit Corporation Apr 2003 Registered as Certified Public Accountant Feb 2006 Left Chuo Aoyama Audit Corporation Jul 2006 Joined the Company Feb 2015 Executive Officer; General Manager, General Affairs Department (current) Apr 2018 Director (current); Executive Officer (current); Head of Management Division
1974-07-02
Ryoichi YOSHIMURA
Director
Apr 1981 Joined Zenitaka Corporation Sep 1983 Joined Yoshimura Kensetsu Kogyo Co., Ltd. Dec 1983 Director, Yoshimura Kensetsu Kogyo Co., Ltd. Apr 1997 Director; General Manager, Sales Department, Yoshimura Kensetsu Kogyo Co., Ltd. Aug 2001 Senior Managing Director; Manager, Osaka Branch, Yoshimura Kensetsu Kogyo Co., Ltd. Jun 2009 President and Director, Yoshimura Kensetsu Kogyo Co., Ltd. Mar 2011 Apr 2020 Representative Director, Yoshimura Kensetsu Kogyo Co., Ltd. (current) Director of the Company (current)
1958-10-02
Kazuyoshi FUJII
Director (Audit and Supervisory Committee Member)
Apr 1986 Joined the Company Feb 2006 General Manager, Quality Assurance Group Feb 2008 Executive Officer in charge of Quality Assurance; General Manager, Quality Assurance Group Feb 2011 Executive Officer; General Manager, Kusatsu Manufacturing Department Feb 2013 Senior Executive Officer; General Manager, Minami-Kusatsu Manufacturing Department Feb 2015 Senior Executive Officer, Head of Production Division; General Manager, Minami-Kusatsu Manufacturing Department Apr 2015 Director Feb 2016 General Manager, Human Resources Department Apr 2016 Head of Management Division Apr 2018 Managing Director; Executive Officer; Head of Technical Sales Division; General Manager, Technical Sales Department Feb 2021 Head of Technical Sales Division; General Manager, Sales Department Jul 2022 Head of Technical Sales Division; General Manager, Sales Department and General Manager, Smart Solutions Department Feb 2024 Head of Technical Sales Division Apr 2024 Director (Audit and Supervisory Committee Member) (current)
1964-01-19
Michiko NAKAGAWA
Director (Audit and Supervisory Committee Member)
Apr 1991 Joined Pao Network Co., Ltd. Mar 2000 Left Pao Network Co., Ltd. Oct 2005 Aug 2009 Registered as Attorney (Osaka Bar Association); joined Aqua Yodoyabashi Law Office Left Aqua Yodoyabashi Law Office Established Kirari Law Office Oct 2022 Oct 2025 Apr 2026 Established AZMORE International Law Office (Attorney Corporation); joined Mitsuboshi Law Office (current) Director (Audit and Supervisory Committee Member) of the Company
1968-04-05
Tomoki IHARA
Director (Audit and Supervisory Committee Member)
Apr 1990 Registered as Attorney (Kyoto Bar Association) Jan 1991 Registered as Patent Attorney Apr 2003 Apr 2005 Visiting Professor, Faculty of Law, Ryukoku University; Director, Lawyers' Intellectual Property Network; Visiting Professor, Graduate School of Law, Ryukoku University Jun 2014 Apr 2020 May 2023 Chairperson, Intellectual Property Center, Japan Federation of Bar Associations Director (Audit and Supervisory Committee Member) of the Company (current) Managing Director, Lawyers' Intellectual Property Network (current)
1961-11-24
Takeharu NISHI
Director (Audit and Supervisory Committee Member)
Apr 1995 Joined Soft Creator Co., Ltd. Mar 1997 Left Soft Creator Co., Ltd. Jan 1998 Joined Kida Kiyoe Certified Public Accountant and Tax Accountant Office (now Kida Certified Public Accountant and Tax Accountant Office) Mar 2004 Left Kida Kiyoe Certified Public Accountant and Tax Accountant Office (now Kida Certified Public Accountant and Tax Accountant Office) Dec 2005 Joined Azsa LLC Dec 2009 Registered as Certified Public Accountant Dec 2012 Left Azsa LLC Feb 2013 Registered as Tax Accountant Certified Public Accountant and Tax Accountant, Takeharu Nishi Office (Office Head) (current) Jun 2022 Partner, Ayame Audit Corporation (current) Apr 2024 Director (Audit and Supervisory Committee Member) of the Company (current)
1969-09-22
Large Shareholding Reports
Toyoshi FUJIMOTO
2026-02-04
11.39%→11.69%
Annual report (as of 2026-07-31): 11.39%
Toyoshi FUJIMOTO
2025-12-11
14.01%→11.39%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-07-31): 11.39%
Toyoshi FUJIMOTO
2025-12-09
14.01%→11.39%
Annual report (as of 2026-07-31): 11.39%
Toyoshi FUJIMOTO
2025-08-06
13.59%→14.01%
Annual report (as of 2026-07-31): 11.39%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-11
Semi-Annual Securities Report
Period: Feb 2026 – Jan 2027
TDnet
2026-09-03
Q2 Earnings Flash
FY ending Jan 2027
TDnet
2026-06-04
Q1 Earnings Flash
FY ending Jan 2027
EDINET
2026-04-21
Annual Securities Report
Period: Feb 2025 – Jan 2026
EDINET
2026-02-04
Large Shareholding Report
EDINETAmended
2025-12-11
Change Report
EDINET
2025-12-09
Large Shareholding Report
TDnet
2025-12-02
Q3 Earnings Flash
FY ending Jan 2026
EDINET
2025-09-11
Semi-Annual Securities Report
Period: Feb 2025 – Jan 2026
EDINET
2025-08-06
Large Shareholding Report
TDnet
2025-06-03
Q1 Earnings Flash
FY ending Jan 2026
EDINET
2025-04-28
Annual Securities Report
Period: Feb 2024 – Jan 2025
TDnet
2024-12-03
Q3 Earnings Flash
FY ending Jan 2025
EDINET
2024-09-11
Semi-Annual Securities Report
Period: Feb 2024 – Jan 2025
EDINET
2024-06-12
Quarterly Securities Report
Period: Feb 2024 – Apr 2024
TDnet
2024-06-04
Q1 Earnings Flash
FY ending Jan 2025
EDINET
2024-04-25
Annual Securities Report
Period: Feb 2023 – Jan 2024
EDINET
2023-12-12
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-09-12
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-06-13
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-04-28
Annual Securities Report
Period: Feb 2022 – Jan 2023
EDINET
2022-12-12
Quarterly Securities Report
EDINET
2022-09-12
Quarterly Securities Report
EDINET
2022-06-10
Quarterly Securities Report
EDINET
2022-04-27
Annual Securities Report
EDINET
2021-12-09
Quarterly Securities Report
EDINET
2021-09-10
Quarterly Securities Report
EDINET
2021-06-11
Quarterly Securities Report
EDINET
2021-04-28
Annual Securities Report
EDINETAmended
2021-04-07
Amended Annual Securities Report
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