Overview
Electric Appliances

MEDIA LINKS CO.,LTD.

Media Links is a fabless manufacturer that develops and sells IP-based video transport equipment and systems for broadcast network infrastructure, serving broadcasters and telecommunications carriers worldwide. Its core product lines — including the Xscend family, MD8000 platform, IP video routers/switches, and modular IP media gateways — enable high-quality, ultra-low latency transport of HD/4K video content between and within broadcast facilities. The company's products have been deployed at marquee global events such as the FIFA World Cup and the Olympics, and are used by leading broadcasters and network operators across Europe, the Americas, Asia-Pacific, and beyond.

Market Cap
¥2.83B
US$18.1M
EV
¥2.02B
US$12.9M
Stock¥36▼-5.26%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-54.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2.83BUS$18.1MMarket Cap0.09BUS$0.55M+ Debt0.90BUS$5.76M− Cash0.00BUS$0.00M− Inv. Sec.2.02BUS$12.9MEV
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Performance & Balance
Revenue 5Y (¥B)
2.50US$15.9M'22/32.52US$16.1M'23/33.11US$19.8M'24/32.79US$17.8M'25/32.34US$14.9M'26/3
EBITDA 5Y (¥B)
-0.64-US$4.09M'22/3-0.15-US$0.95M'23/3-0.13-US$0.82M'24/3-0.47-US$3.03M'25/3-0.83-US$5.31M'26/3
Net Income 5Y (¥B)
-0.76-US$4.83M'22/3-0.25-US$1.58M'23/3-0.24-US$1.55M'24/3-0.56-US$3.58M'25/3-1.45-US$9.27M'26/3
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.33US$2.13M0.97US$6.18M'22/30.48US$3.05M0.81US$5.13M'23/30.95US$6.08M0.73US$4.66M'24/30.36US$2.27M0.66US$4.20M'25/30.77US$4.92M0.09US$0.59M'26/3
Shareholders
Top 10 hold 16.0%
1
Rakuten Securities, Inc.
3.70%
2
Kimiko MAEDA
3.57%
3
Zenichi SUGIYAMA
2.15%
4
Nomura Securities Co., Ltd.
1.34%
5
SBI SECURITIES Co., Ltd.
1.17%
6
BNP PARIBAS LONDON BRANCH FOR PRIME BROKERAGE CLEARANCE ACC FOR THIRD PARTY (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.05%
7
Hajime HARADA
0.88%
8
Eiji KUROKI
0.74%
9
BARCLAYS CAPITAL SECURITIES LIMITED (Standing Proxy: Barclays Securities Japan Limited)
0.71%
10
Kazumi FUKUOKA
0.66%
Management
8 officers
Tsukasa SUGAWARA
Representative Director, President
Apr 1998 Joined the Company Apr 2010 Manager, Product & Innovation Center, the Company Oct 2011 Seconded to ML AU PTY LTD as Director, VP Oct 2013 General Manager, Design & Development Department, the Company Apr 2014 Head of Design & Development Division, the Company Jun 2014 Director, Head of Design & Development Division, the Company Apr 2020 Assumed office as Representative Director, President, the Company (current)
1977-10-07
John DALE
Director, CMO
Nov 2005 Joined MEDIA LINKS, INC. Mar 2012 President, MEDIA LINKS, INC. Apr 2014 General Manager, Marketing & Business Development, the Company Jun 2014 Director in charge of Marketing & Business Development, the Company Jan 2017 Executive Vice President in charge of Marketing & Business Development, the Company Apr 2017 Representative Director, President, the Company Apr 2020 Director, CMO, the Company (current)
1958-07-04
Wataru HASEGAWA
Director, General Manager of Administration Division
Apr 1982 Joined Sumitomo Electric Industries, Ltd. Jun 2000 Joined Cisco Systems K.K. Apr 2002 Joined Oracle Corporation Japan Jun 2004 Joined Wacom Co., Ltd. Aug 2015 Joined Kito Corporation Feb 2016 Joined the Company as Deputy General Manager, Administration Division Jun 2016 Director, General Manager of Administration Division, the Company (current)
1959-03-26
Yoichi ISHII
Director
Jan 2001 Director, Senior Vice President and Executive Officer, General Manager of Sales Division, Oracle Corporation Japan Jul 2003 Representative Director, G-Collabo Co., Ltd. Dec 2006 Representative Director, President, Insight Technology Co., Ltd. Apr 2011 Advisor, I.C.T. Co., Ltd. Jun 2014 Director, the Company (current) Jun 2016 Director, MEI Co., Ltd.
1947-07-05
Tadashi ISHIDA
Director
Jul 1980 Registered as Certified Public Accountant Jul 1993 Senior Partner, Asahi Audit Corporation (now Azsa LLC) Jul 1996 Senior Executive Officer, Japan McDonald's Co., Ltd. May 2003 Representative Director, Vice President, Japan McDonald's Co., Ltd. Apr 2005 Senior Managing Director, Sega Sammy Holdings Inc. Apr 2010 Chief Research Fellow, Japan CFO Association Jan 2011 Full-time Audit & Supervisory Board Member, Calbee, Inc. Jun 2017 Director, the Company (current) Jul 2019 Audit & Supervisory Board Member, Calbee, Inc.
1944-01-17
Akira TANAKA
Full-time Audit & Supervisory Board Member
Apr 1980 Joined Komatsu Ltd. Jan 1990 Seconded to Komatsu Kasei Co., Ltd. Apr 1992 Ended secondment to Komatsu Kasei Co., Ltd. Nov 2006 General Manager, Accounting Department, Komatsu Ltd. Nov 2010 Director and Vice President, Komatsu Indonesia Co., Ltd. Jul 2015 Director, Managing Executive Officer, General Manager of Administration Department, Gigaphoton Inc. Jul 2019 Full-time Audit & Supervisory Board Member, Komatsu Customer Support Ltd. Jun 2022 Audit & Supervisory Board Member, the Company (current)
1957-08-19
Naoki KINOSHITA
Audit & Supervisory Board Member
Apr 1994 Registered as attorney-at-law (Tokyo Bar Association) Apr 1994 Joined Sakura Law Offices Feb 2004 Opened Kinoshita Sogo Law Office, Head of Office (current) Jun 2006 Audit & Supervisory Board Member, the Company (current) Jun 2006 Audit & Supervisory Board Member, Nihon M&A Center Inc. Mar 2016 Outside Director, Ito Chotanpa Co., Ltd. (current)
1965-01-20
Kenichi OTA
Audit & Supervisory Board Member
Apr 1971 Joined NEC Corporation Jan 2001 Managing Director, Investment Banking Division, Deutsche Securities Inc., Tokyo Branch Apr 2005 Professor, Graduate School of Technology Management, Yamaguchi University Jun 2005 Audit & Supervisory Board Member, Accordia Golf Co., Ltd. Dec 2005 Audit & Supervisory Board Member, GABA Co., Ltd. Feb 2008 Managing Executive Officer, Accordia Golf Co., Ltd. Jun 2008 Director, Managing Executive Officer, Accordia Golf Co., Ltd. Jul 2012 Outside Director, Portfolia Inc. Jun 2018 Audit & Supervisory Board Member, the Company (current) Jun 2021 Outside Audit & Supervisory Board Member, Keyware Solutions Inc. (current) Jun 2025 Audit & Supervisory Board Member, Portfolia Inc. (current)
1947-03-18
Large Shareholding Reports
Barclays Bank PLC
2026-07-23
5.23%
NOMURA INTERNATIONAL PLC
2026-07-23
5.21%
Evo Fund
2026-05-26
5.08%→1.14%
Evo Fund
2026-04-01
6.09%→5.08%
Evo Fund
2026-02-09
7.54%→6.09%
Evo Fund
2026-01-15
8.55%→7.54%
Evo Fund
2026-01-06
9.66%→8.55%
Evo Fund
2025-11-19
10.67%→9.66%
Evo Fund
2025-10-22
11.75%→10.67%
Evo Fund
2025-09-24
12.97%→11.75%
Evo Fund
2025-09-01
13.63%→12.97%
Evo Fund
2025-08-29
17.06%→13.63%
Evo Fund
2025-08-28
18.36%→17.06%
Evo Fund
2025-08-18
19.69%→18.36%
Evo Fund
2025-08-04
21.20%→19.69%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-05
株主総会招集通知
EDINET
2026-05-26
Large Shareholding Report
EDINET
2026-04-01
Large Shareholding Report
EDINET
2026-02-09
Large Shareholding Report
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-15
Large Shareholding Report
EDINET
2026-01-06
Large Shareholding Report
EDINET
2025-11-19
Large Shareholding Report
EDINET
2025-10-30
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-22
Large Shareholding Report
EDINET
2025-09-24
Large Shareholding Report
EDINET
2025-09-01
Large Shareholding Report
EDINET
2025-08-29
Large Shareholding Report
EDINET
2025-08-28
Large Shareholding Report
EDINET
2025-08-18
Large Shareholding Report
EDINET
2025-08-04
Large Shareholding Report
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-03-27
Securities Registration Statement
TDnet
2025-01-30
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-10-31
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-25
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-01-25
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-10-26
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-07-31
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
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