Overview
Electric Appliances

SMK Corporation

SMK Corporation manufactures and sells electronic components for telecommunications and electronic equipment, operating through two core segments: the CS (Connection System) Division, which produces connectors (coaxial, board-to-board, FPC) and jacks, and the SCI (Sensing, Communication & Interface) Division, which produces remote controls, switches, and camera modules. The company also develops wireless modules and pursues new business development through its Innovation Center. SMK serves global markets with a manufacturing and sales network spanning Japan, the United States, China, Malaysia, and the Philippines.

Market Cap
¥20.2B
US$128M
EV
¥18.7B
US$119M
Stock¥3,185▼-1.09%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
5.4
x
LTM EV/EBIT
26.2
x
LTM PER
23.4
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+13.8%pt
100123
Oct 23, 25 – Oct 23, 26StockTOPIX
1Oct 28, 25Selling on disappointing interim results
2Nov 12, 25Stock rise on strong interim earnings
3Mar 5, 26Buyback on strong quarterly results
MC → EV Bridge
20.2BUS$128MMarket Cap14.9BUS$94.7M+ Debt11.0BUS$70.2M− Cash5.27BUS$33.6M− Inv. Sec.18.7BUS$119MEV
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Performance & Balance
Revenue 5Y (¥B)
48.2US$307M'22/354.8US$349M'23/346.5US$296M'24/348.1US$306M'25/348.2US$307M'26/3
EBITDA 5Y (¥B)
3.40US$21.6M'22/34.01US$25.5M'23/31.21US$7.69M'24/32.13US$13.5M'25/33.06US$19.5M'26/3
Net Income 5Y (¥B)
2.99US$19.1M'22/31.33US$8.49M'23/3-0.49-US$3.11M'24/3-1.88-US$12.0M'25/30.06US$0.36M'26/3
Capital Structure
68%
32%
EquityD/E 0.48xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
12.2US$77.6M12.6US$80.3M'22/313.0US$82.8M12.8US$81.6M'23/314.6US$92.9M14.4US$91.5M'24/314.7US$93.5M15.6US$99.4M'25/314.9US$95.2M14.2US$90.5M'26/3
Shareholders
Top 10 hold 49.5%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
14.98%
2
SMK Corporation Stock Ownership Association
8.15%
3
Showa Ikeda Memorial Foundation
5.67%
4
Dai Nippon Printing Co.,Ltd.
5.04%
5
Nippon Life Insurance Company
4.85%
6
SMK Employee Stock Ownership Association
3.63%
7
Meiji Yasuda Life Insurance Company
2.17%
8
Akitaka IKEDA
1.99%
9
Custody Bank of Japan, Ltd. (Trust Account)
1.81%
10
Mizuho Bank, Ltd.
1.22%
Management
9 officers
Yasumitsu IKEDA
Representative Director, President
Oct 1993 Joined the Company Apr 1999 General Manager, Corporate Planning Office Jun 2002 Executive Officer Jun 2004 Managing Executive Officer May 2005 In charge of Corporate Planning Office Jun 2006 Director Apr 2008 General Manager, Sales Division Jun 2008 Director, Executive Vice President Jun 2009 Representative Director, Executive Vice President Apr 2012 Representative Director, President (current)
1963-02-16
Masanobu IKEO
Representative Director, Vice President, CTO, CFO; in charge of Technology Division, Finance & Planning Department, Innovation Center
Apr 1979 Joined the Company Apr 2012 General Manager, CS Business Division May 2012 Chairman, SMK Electronics (Shenzhen) Co., Ltd. Jun 2013 Executive Officer, in charge of CS Business Division Jun 2018 Managing Executive Officer Apr 2022 In charge of Technology Division (current) Jun 2022 Representative Director, Vice President, CTO (current) Apr 2026 CFO, in charge of Finance & Planning Department (current) Jun 2026 In charge of Innovation Center (current)
1956-01-04
Paul EVANS
Director, Managing Executive Officer; in charge of Europe and Americas Sales
Oct 1986 Joined SMK Europe N.V. Apr 2000 President, SMK Electronics Corporation U.S.A. (current) Jun 2006 Executive Officer, in charge of Americas Sales Jun 2010 Managing Executive Officer (current) Apr 2012 President, SMK Europe N.V., in charge of Europe and Americas Sales (current) Mar 2015 President, SMK Electronics (Europe) Ltd. Jun 2016 Director (current)
1961-11-22
Toshio NAKAMURA
Director
Apr 1970 Joined Ministry of International Trade and Industry (MITI) Sep 1999 Director-General, Trade Policy Bureau Jun 2000 Commissioner, Small and Medium Enterprise Agency Oct 2003 Secretary General, Japan Association for the 2005 World Exposition Nov 2007 Senior Managing Director, Japan Chamber of Commerce and Industry and Tokyo Chamber of Commerce and Industry Oct 2009 Outside Director, Enterprise Turnaround Initiative Corporation of Japan (now Regional Economy Vitalization Corporation of Japan) Jun 2011 Outside Director, NGK Insulators, Ltd. Mar 2016 Chairman, National Association of Small and Medium Enterprise Support Organizations (current) May 2016 Outside Director, Aoki Super Co., Ltd. Jun 2016 Director of the Company (current)
1946-07-22
Kaoru ISHIKAWA
Director
Apr 1972 Joined Ministry of Foreign Affairs Sep 2002 Director-General, International Cooperation Department Jan 2005 Director-General, Economic Affairs Bureau Jan 2007 Ambassador Extraordinary and Plenipotentiary to Egypt Jun 2010 Ambassador Extraordinary and Plenipotentiary to Canada Apr 2013 Retired from Ministry of Foreign Affairs Jun 2013 Managing Director, Japan Forum on International Relations Apr 2014 Specially Appointed Professor, Kawamura Gakuen Woman's University May 2014 Director, Kawamura Gakuen (current) Jun 2015 Director, Japan Diplomatic Association (current) Jun 2016 Outside Audit & Supervisory Board Member, Shimizu Corporation (current) Jun 2017 Director of the Company (current) Jun 2020 Director, MUFG International Foundation (current)
1950-11-07
Kotomi TAKAHASHI
Director
Apr 1999 Joined Fuji Xerox Co., Ltd. Aug 2005 Joined Unisys Corporation Jan 2006 Global Strategic Alliances Director, Unisys Corporation Sep 2008 Vice President, Worldwide City Holdings Apr 2023 CEO, Unisys Corporation (current) Jun 2025 Director of the Company (current)
1977-01-30
Kohei OGAKI
Full-time Audit & Supervisory Board Member
May 2009 Joined the Company Jun 2010 Executive Officer, in charge of Corporate Planning Office and General Affairs Department Apr 2012 Managing Executive Officer, CFO, in charge of Accounting Department (now Finance & Planning Department) Apr 2022 President, Showa Enterprise Co., Ltd. Apr 2024 In charge of Public Relations Office Jun 2024 Full-time Audit & Supervisory Board Member (current)
1955-09-16
Sei NAKAJIMA
Audit & Supervisory Board Member
Apr 1987 Appointed Judge, Nagoya District Court Apr 1988 Registered as Attorney-at-Law Apr 1990 Established Nakajima Sei Law Office Nov 1996 Renamed Nakajima Sei General Law Office Jun 2008 Audit & Supervisory Board Member of the Company (current)
1959-08-08
Fumio NISHIMURA
Audit & Supervisory Board Member
Apr 1981 Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) May 2001 General Manager, Hibiya Branch, MUFG Bank Mar 2005 General Manager, Tsukiji Branch, MUFG Bank Apr 2007 General Manager, Nakano-Ekimae Branch, MUFG Bank Sep 2008 General Manager, Omiya Branch, MUFG Bank Jun 2010 Managing Executive Officer, MST Insurance Service Co., Ltd. Jun 2011 Senior Managing Director, MST Insurance Service Co., Ltd. Jun 2013 Managing Director, Nippon Carbide Industries Co., Inc. Jun 2016 Representative Director, Senior Managing Executive Officer, Nippon Carbide Industries Co., Inc. Jun 2018 Advisor, Nippon Carbide Industries Co., Inc. Jun 2019 Outside Audit & Supervisory Board Member, Kyosan Electric Manufacturing Co., Ltd. (current) Jun 2019 Audit & Supervisory Board Member of the Company (current)
1957-10-15
Large Shareholding Reports
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2026-10-06
10.88%→11.88%
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2026-08-06
9.80%→10.88%
fundnote Co., Ltd.
2026-06-22
8.72%→9.80%
fundnote Co., Ltd.
2026-05-22
6.78%→8.72%
fundnote Co., Ltd.
2026-04-23
5.26%→6.78%
Correction filing (name/detail fix only) — ratio carried over from the original filing
fundnote Co., Ltd.
2026-04-22
5.26%→6.78%
fundnote Co., Ltd.
2026-02-06
5.26%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-06
Large Shareholding Report
EDINET
2026-08-06
Large Shareholding Report
TDnet
2026-07-28
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-01
株主総会招集通知
EDINET
2026-05-22
Large Shareholding Report
EDINETAmended
2026-04-23
Change Report
EDINET
2026-04-22
Large Shareholding Report
EDINET
2026-02-06
Large Shareholding Report
TDnet
2026-01-27
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-29
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-28
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
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
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-22
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-06-23
Annual Securities Report
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