Overview
Electric Appliances

YOKOWO CO.,LTD.

Yokowo Co., Ltd. is a Japan-based manufacturer of specialized electronic components operating across four business segments: VCCS (vehicle communication and connectivity systems including automotive antennas), CTC (circuit test connectors for semiconductor and electronic component inspection), FC (connectors for mobile and consumer electronics), and MD (medical devices including OEM guidewires and catheters for minimally invasive procedures). The company supplies components to domestic and overseas manufacturing subsidiaries and sells finished products to customers globally through an extensive network of sales subsidiaries. Its competitive strengths lie in advanced antenna technology for next-generation mobility, broad-frequency semiconductor test connectivity solutions, and proprietary core technologies in the minimally invasive medical device space.

Market Cap
¥81.1B
US$517M
EV
¥69.4B
US$442M
Stock¥3,480▼-8.06%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
6.6
x
LTM EV/EBIT
11.0
x
LTM PER
15.4
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+107.2%pt
100123
Oct 22, 25 – Oct 22, 26StockTOPIX
1Nov 11, 25
2Aug 7, 26Q1 FY2027/03 earnings announced
3Oct 15, 26CoreWeave Shock triggers AI/semiconductor stock rout; Nikkei plunges over 3,500 points intraday
MC → EV Bridge
81.1BUS$517MMarket Cap12.2BUS$77.5M+ Debt18.2BUS$116M− Cash5.92BUS$37.7M− Inv. Sec.0.13BUS$0.82M+ NCI69.4BUS$442MEV
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Performance & Balance
Revenue 5Y (¥B)
66.8US$426M'22/378.0US$496M'23/376.9US$490M'24/382.9US$528M'25/390.1US$574M'26/3
EBITDA 5Y (¥B)
7.99US$50.9M'22/38.57US$54.6M'23/35.63US$35.8M'24/38.22US$52.4M'25/39.14US$58.2M'26/3
Net Income 5Y (¥B)
4.66US$29.7M'22/33.15US$20.0M'23/31.51US$9.62M'24/32.23US$14.2M'25/33.89US$24.7M'26/3
Capital Structure
84%
EquityD/E 0.20xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
15.4US$98.1M7.77US$49.5M'22/319.7US$125M11.2US$71.2M'23/321.4US$136M13.6US$86.5M'24/319.9US$127M10.5US$66.9M'25/322.5US$143M11.7US$74.2M'26/3
Shareholders
Top 10 hold 41.6%
1
The Master Trust Bank of Japan, Ltd.
13.72%
2
Custody Bank of Japan, Ltd.
6.10%
3
The Gunma Bank,Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
4.20%
4
SILVERCAPE INVESTMENTS LIMITED (Standing Proxy: Citibank, N.A., Tokyo Branch)
3.65%
5
YOKOWO CO.,LTD. Business Partners' Stock Ownership Association
3.25%
6
Mitsubishi UFJ Trust and Banking Corporation (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
2.53%
7
BNP PARIBAS LUXEMBOURG/2S/JASDEC/FIM/LUXEMBOURG FUNDS/UCITS ASSETS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.25%
8
Yokowo Company Stock Investment Association
2.08%
9
The Dai-ichi Life Insurance Company, Limited (Standing Proxy: Custody Bank of Japan, Ltd.)
1.91%
10
MUFG Bank, Ltd.
1.89%
Management
12 officers
Takayuki TOKUMA
Representative Director, Chairman and CEO
Aug 1988 Joined the Company Apr 1993 General Manager, Europe and Americas Sales Department Jun 1995 Director Apr 1997 In charge of Business Planning Office Apr 1999 In charge of PCC Business Jun 2003 Executive Officer Jun 2004 Managing Director Dec 2004 President, Antenna Systems Company Jun 2006 Senior Managing Executive Officer Apr 2007 Representative Director and President Apr 2026 Representative Director, Chairman and CEO (current)
1954-06-13
Kenji YOKOWO
Director, Vice Chairman
Apr 1985 Joined the Company Oct 2002 General Manager, VCCS Business Division Dec 2004 Managing Director, YOKOWO MANUFACTURING OF AMERICA LLC Apr 2007 General Manager, Administration Division Jun 2007 Executive Officer Apr 2017 Senior Managing Executive Officer Jun 2017 Director and Senior Managing Executive Officer Feb 2020 General Manager, VCCS Business Division Apr 2023 General Manager, Incubation Center (current) Apr 2024 Director and Executive Managing Officer Apr 2026 Director, Vice Chairman (current)
1960-08-22
Shohei YANAGISAWA
Representative Director, Executive Officer and President
Apr 1988 Joined the Company Apr 2006 General Manager, Accounting Department Jun 2012 Executive Officer Apr 2015 General Manager, VCCS Business Division Apr 2017 Senior Managing Executive Officer Feb 2020 General Manager, VCCS Overseas Plants and Chairman, Dongguan Youhua Group Apr 2023 In charge of VCCS Business Division; General Manager, VCCS Overseas Plants and Chairman, Dongguan Youhua Group Jun 2024 Director and Senior Managing Executive Officer Apr 2025 General Manager, VCCS Business Division, VCCS Overseas Plants, Administration Division and Tomioka Plant Apr 2026 Representative Director and President (current)
1963-02-01
Naohito KOTANI
Director, Senior Managing Executive Officer
May 2013 Joined the Company Apr 2015 General Manager, CTC Technology Department Apr 2017 Deputy General Manager, Technology Division and General Manager, CTC Technology Department Apr 2018 Executive Officer Apr 2020 General Manager, Technology Division and General Manager, CTC Technology Department Apr 2022 Senior Managing Executive Officer; General Manager, Technology Division Jun 2022 Director and Senior Managing Executive Officer (current) Apr 2024 General Manager, Technology Division and General Manager, Core Technology Development Division (current)
1968-03-16
Masaharu SATO
Full-time Audit & Supervisory Board Member
Feb 2008 Joined the Company, Accounting Department, Administration Division Apr 2019 General Manager, Accounting Department, Administration Division Jun 2021 Manager in charge, Accounting Department, Administration Division Jun 2026 Audit & Supervisory Board Member (current)
1971-01-01
Makoto TOBARI
Director
Sep 1979 Joined Japan Management Association Apr 1989 Senior Consultant, Japan Management Association Consultants Inc. (current) Jun 2003 Director, Japan Management Association Consultants Inc. Apr 2004 Director and General Manager, Administration Division, Japan Management Association Consultants Inc. Apr 2006 Director and General Manager, Core Systems Development Office, Japan Management Association Consultants Inc. Apr 2007 Director and General Manager, Corporate Office, Japan Management Association Consultants Inc. Jun 2007 Managing Director, All Japan Management Federation Apr 2009 Adviser, Japan Management Association Consultants Inc. (current) Jun 2011 Audit & Supervisory Board Member, JMA Holdings Co., Ltd. Jun 2022 Director of the Company (current)
1949-02-25
Byung-woo KANG
Director
Apr 2008 Joined LG Electronics Inc. Apr 2014 Researcher, Institute of Developing Economies, Japan External Trade Organization (JETRO) Oct 2016 Lecturer, Institute of Innovation Research, Hitotsubashi University Oct 2017 Visiting Researcher, Waseda University Apr 2019 Associate Professor, Institute of Innovation Research, Hitotsubashi University Jul 2021 Visiting Researcher, Eindhoven University of Technology Sep 2022 Visiting Researcher, National Institute of Science and Technology Policy, Ministry of Education, Culture, Sports, Science and Technology (MEXT) Jun 2023 Director of the Company Apr 2025 Professor, Institute of Innovation Research, Hitotsubashi University (current)
1982-10-08
Emi YONEDA
Director
Dec 2004 Joined ShinNihon Audit Corporation (currently EY ShinNihon LLC) Aug 2013 Left ShinNihon Audit Corporation Sep 2013 Representative, Yoneda CPA Office (current) Mar 2018 Full-time Executive Director, Japan Professional Football League (J.LEAGUE) Jan 2021 Established N-One General Incorporated Association; Representative Director (current) Nov 2021 Outside Director (Audit and Supervisory Committee Member), Arara Inc. (currently PayCloud Holdings Co., Ltd.) (current) Mar 2022 Outside Director, Direct Marketing Mix Inc. (current) Jun 2022 Audit & Supervisory Board Member of the Company Jun 2024 Director of the Company (current)
1984-01-20
Heather MONTGOMERY
Director
Jun 1995 Visiting Researcher, Small and Medium Enterprise Agency, Ministry of International Trade and Industry (MITI) Jun 1997 Visiting Researcher, Nippon Long-Term Credit Bank Research Institute Jun 1998 Visiting Researcher, Institute for Monetary and Economic Studies, Bank of Japan Jun 1999 Visiting Researcher, Policy Research Institute, Ministry of Finance Jan 2000 Visiting Researcher, Board of Governors of the Federal Reserve System Oct 2000 Research Fellow, Asian Development Bank Institute Nov 2005 Vice President, J.P. Morgan Sep 2007 Associate Professor, Department of International Relations, Faculty of Liberal Arts, International Christian University Apr 2010 Associate Professor, Department of Economics and Business, Faculty of Liberal Arts, International Christian University Apr 2013 Senior Associate Professor, Department of Economics and Business, Faculty of Liberal Arts, International Christian University Apr 2020 Professor, Department of Economics and Business, Faculty of Liberal Arts, International Christian University (current) Jun 2025 Director of the Company (current)
1970-08-04
Naoo KADOTA
Audit & Supervisory Board Member
Apr 1976 Joined The Gunma Bank, Ltd. Jun 2007 Executive Officer; General Manager, Head Office Sales Division, The Gunma Bank, Ltd. Jun 2009 Director and Executive Officer; General Manager, Corporate Planning Division, The Gunma Bank, Ltd. Jun 2011 Managing Director, The Gunma Bank, Ltd. Jun 2014 Senior Managing Director, The Gunma Bank, Ltd. Jun 2017 Adviser, The Gunma Bank, Ltd.; Representative Director and President, Gunma Land Co., Ltd. Jun 2022 Adviser, Gunma Land Co., Ltd.; Audit & Supervisory Board Member of the Company (current)
1954-03-14
Sayaka YAMAGUCHI
Audit & Supervisory Board Member
Apr 2003 Joined Chuo Aoyama PricewaterhouseCoopers (Chuo Aoyama Audit Corporation) Sep 2006 Transferred to Arata Audit Corporation (currently PricewaterhouseCoopers Japan LLC) Jun 2013 Left Arata Audit Corporation Aug 2013 Representative, Sayaka Yamaguchi CPA and Tax Accountant Office (currently Sayaka Yamaguchi CPA Office) (current) Sep 2015 Established TAX Partners Tax Accountant Corporation; Partner (current) Jun 2018 Outside Audit & Supervisory Board Member, Taisei Lamick Group Co., Ltd. Sep 2021 Outside Director, Urbanet Corporation Co., Ltd. Jun 2024 Audit & Supervisory Board Member of the Company (current) Nov 2024 Outside Director, Material Group Co., Ltd. (current)
1980-08-12
Takafumi KIYONAGA
Audit & Supervisory Board Member
Apr 1995 Registered as attorney-at-law; joined Yada Law Office (currently Nozomi Sogo Law Office) Apr 2004 Partner Attorney, Nozomi Sogo Law Office (current) Jun 2018 Substitute Audit and Supervisory Committee Member Director, Watami Co., Ltd. (current) Jun 2020 Substitute Audit & Supervisory Board Member, Aida Engineering, Ltd. Jun 2022 Outside Director, Art Nature Inc. Jun 2026 Audit & Supervisory Board Member of the Company (current)
1967-10-19
Large Shareholding Reports
SilverCape Investments Limited
2026-10-19
5.10%
Asset Management One Co., Ltd.
2026-05-12
5.42%→4.10%
Asset Management One Co., Ltd.
2026-03-23
6.52%→5.42%
Mitsubishi UFJ Trust and Banking Corporation
2026-03-02
7.02%→5.97%
Asset Management One Co., Ltd.
2025-12-22
5.31%→6.52%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-19
Large Shareholding Report
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-12
Large Shareholding Report
EDINET
2026-03-23
Large Shareholding Report
EDINET
2026-03-02
Large Shareholding Report
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-02-10
Securities Registration Statement
EDINET
2025-12-22
Large Shareholding Report
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-08
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-07
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-04
Quarterly Securities Report
EDINETAmended
2022-06-30
Amended Annual Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-03
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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