Overview
Electric Appliances

HIROSE ELECTRIC CO.,LTD.

Hirose Electric Group is a leading manufacturer and seller of electronic connectors, specializing in multipole connectors (including circular, rectangular, and printed circuit board connectors), coaxial connectors, optical connectors, and other electronic components such as microswitches. The company serves global markets across consumer electronics, automotive, industrial, and telecommunications sectors through a vertically integrated manufacturing and sales network. Its competitive strengths lie in its broad connector product portfolio, precision engineering capabilities, and extensive global manufacturing and distribution presence.

Market Cap
¥765B
US$4.88B
EV
¥661B
US$4.22B
Stock¥23,390▼-0.93%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.0
x
LTM EV/EBIT
14.2
x
LTM PER
23.0
x
LTM PBR
2.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-6.0%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
765BUS$4.88BMarket Cap6.74BUS$43.0M+ Debt110BUS$703M− Cash0.60BUS$3.83M− Inv. Sec.661BUS$4.22BEV
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Performance & Balance
Revenue 5Y (¥B)
164US$1.04B'22/3183US$1.17B'23/3166US$1.06B'24/3189US$1.21B'25/3211US$1.35B'26/3
EBITDA 5Y (¥B)
57.2US$365M'22/363.5US$405M'23/350.9US$324M'24/360.6US$387M'25/362.5US$398M'26/3
Net Income 5Y (¥B)
31.4US$200M'22/334.6US$221M'23/326.5US$169M'24/333.0US$211M'25/333.1US$211M'26/3
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
68.4US$436M4.97US$31.7M'22/388.0US$561M5.48US$34.9M'23/390.3US$576M5.93US$37.8M'24/385.7US$546M5.20US$33.2M'25/387.3US$557M7.48US$47.7M'26/3
Shareholders
Top 10 hold 57.9%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
13.75%
2
Custody Bank of Japan, Ltd. (Trust Account)
9.78%
3
Hirose Foundation (Public Interest Incorporated Foundation)
9.60%
4
JP MORGAN CHASE BANK 380055 (Standing Proxy: Mizuho Bank, Ltd.)
7.47%
5
HS Planning Ltd.
3.80%
6
National Mutual Insurance Federation of Agricultural Cooperatives
3.43%
7
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
2.97%
8
Mizuho Trust & Banking Co., Ltd. (Trust Account 0700210)
2.65%
9
Mizuho Trust & Banking Co., Ltd. (Trust Account 0700211)
2.64%
10
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
1.80%
Management
14 officers
Shin KAMAGATA
Representative Director, President
Apr 1990 Joined NTT Data Communications Corporation (now NTT DATA Corporation) Feb 2002 Joined Hirose Electric Co., Ltd. Jun 2002 General Manager, Company-wide Business Reform Promotion Office, Administration Division Jul 2008 General Manager, IT Coordination Office, Administration Division Feb 2019 General Manager, Corporate Planning Department and General Manager, IT Coordination Department, Administration Division Jun 2019 Executive Officer Jun 2020 Deputy Head of Administration Division and General Manager, Corporate Planning Department and General Manager, IT Coordination Department Jan 2021 Acting Head of Administration Division and General Manager, Corporate Planning Department Jun 2021 Director, Head of Administration Division and General Manager, Corporate Planning Department Jul 2021 Director, Head of Administration Division Jun 2024 Senior Managing Director Jun 2025 Representative Director, President (current) Representative Director, President, Tohoku Hirose Electric Co., Ltd. (current) Representative Director, President, Koriyama Hirose Electric Co., Ltd. (current) Representative Director, President, Ichinoseki Hirose Electric Co., Ltd. (current) Representative Director, Hirose Korea Co., Ltd. (current)
1966-06-04
Shu OHARA
Director, Head of Technology Division
Apr 1989 Joined Hirose Electric Co., Ltd. Sep 2017 General Manager, Industrial Machinery Business Division, Technology Division Jul 2018 Deputy General Manager, Automotive Business Division, Technology Division Jan 2020 General Manager, Automotive Business Division, Technology Division Jun 2020 Executive Officer Jun 2022 Deputy Head of Technology Division and General Manager, Automotive Business Division Jun 2023 Director (current), Head of Technology Division (current)
1966-05-28
Hiroshi SATO
Director, Head of Sales Division
Apr 1993 Joined Mitsui & Co., Ltd. Jul 2001 Joined Keyence Corporation Feb 2017 Joined Hirose Electric Co., Ltd. Apr 2018 General Manager, Overseas Business Division, Sales Division Jun 2019 Director (current), Head of Sales Division and General Manager, Overseas Business Division Apr 2020 Head of Sales Division (current)
1970-12-23
Yoshihiro GUNJI
Director, Head of Manufacturing Division
Apr 1982 Joined Koriyama Hirose Electric Co., Ltd. May 1998 Transferred to Tohoku Hirose Electric Co., Ltd. Aug 2016 General Manager, Miyako Plant, Tohoku Hirose Electric Co., Ltd. Jan 2021 Transferred to Hirose Electric Co., Ltd.; Deputy Head of Manufacturing Division (in charge of domestic plants and Production Control Department) Jun 2021 Executive Officer, Deputy Head of Manufacturing Division Jun 2024 Director (current), Head of Manufacturing Division (current)
1963-06-04
Mitsuo MATSUNAGA
Director, Head of Administration Division
Apr 1994 Joined Sanes Corporation (now Mitsubishi Shokuhin Co., Ltd.) Nov 1996 Joined Kawasumi Laboratories, Inc. (now SB Kawasumi Laboratories, Inc.) Oct 1999 Joined Hirose Electric Co., Ltd. Mar 2018 Senior Vice President, Hirose Electric (U.S.A.), Inc. Dec 2020 General Manager, Global SCM Department, Sales Division Oct 2023 Deputy Head of Administration Division (in charge of General Affairs and Legal, Human Resources, and Public Relations and Investor Relations) Jun 2024 Executive Officer Jun 2025 Director (current), Head of Administration Division (current)
1970-05-23
Takashi MORI
Director (Audit and Supervisory Committee Member)
Mar 1986 Joined Hirose Electric Co., Ltd. Aug 2012 General Manager, Management Innovation Promotion Office May 2014 General Manager, President's Office Jun 2025 Director (Audit and Supervisory Committee Member) (current)
1964-03-06
Sang-Yeop LEE
Director
Jan 1984 Joined Korea Explosives Co., Ltd. Mar 1989 Joined Hirose Korea Co., Ltd. Jul 2007 Chairman, Weihai Hirose Electric Co., Ltd. (current) Aug 2007 Representative Director, Internal Employee Welfare Fund, Hirose Korea Co., Ltd. (current) Jun 2010 Representative Director and Vice President, Hirose Korea Co., Ltd. Nov 2011 Representative Director and President, Hirose Korea Co., Ltd. (current) Jun 2018 Director, Hirose Electric Co., Ltd. (current)
1961-07-01
Tetsuji MOTONAGA
Outside Director
Apr 1985 Joined Nippon Yusen Kabushiki Kaisha (NYK Line) Jan 1997 Joined The Boston Consulting Group K.K. Sep 2001 Joined Fuji Seal, Inc. Apr 2003 Joined Jomon Associates Co., Ltd. Aug 2006 Established Ikutis Co., Ltd.; Representative Director (current) Apr 2015 Auditor, Medical Corporation Keiseikai (current) Oct 2015 Representative Director, Institute for Family Business (current) Jun 2017 Outside Director, Hirose Electric Co., Ltd. (current)
1960-08-04
Masaki NISHIMATSU
Outside Director
Apr 1980 Joined Nomura Securities Co., Ltd. Apr 2003 Director, Nomura Securities Co., Ltd. Jun 2003 Executive Officer, Nomura Securities Co., Ltd. Apr 2007 Managing Executive Officer, Nomura Securities Co., Ltd. Jun 2010 Director, Nomura Holdings, Inc. Jun 2013 Director, Nomura Securities Co., Ltd. Apr 2015 Representative Director and President, Nomura Real Estate Development Co., Ltd.; Representative Director and President, Nomura China Investment Co., Ltd.; Representative Director and President, Saitama Development Co., Ltd. Jun 2020 Outside Director, Hirose Electric Co., Ltd. (current)
1958-02-03
Seiji SAKATA
Outside Director
Apr 1981 Joined Ricoh Company, Ltd. Apr 2010 Executive Officer, Ricoh Company, Ltd. Apr 2012 Senior Managing Executive Officer, Ricoh Company, Ltd. Apr 2018 Senior Executive Officer, Ricoh Company, Ltd. Jun 2018 Director, Ricoh Company, Ltd. Apr 2019 Chief Technology Officer (CTO), Ricoh Company, Ltd. Apr 2021 Senior Executive Officer, Corporate, Ricoh Company, Ltd. Jun 2023 Outside Director, Hirose Electric Co., Ltd. (current) Mar 2024 Outside Director, Mabuchi Motor Co., Ltd. Aug 2024 Outside Director (Audit and Supervisory Committee Member), Satori Electric Co., Ltd. Apr 2026 Outside Director (Audit and Supervisory Committee Member), MIRAINI Holdings Co., Ltd. (current)
1958-09-12
Yoko KAKAMI
Outside Director
Apr 1986 Joined Arthur Young Certified Public Accountants (now EY ShinNihon LLC) Apr 1998 Full-time Lecturer, Faculty of Business Administration, Komazawa University Apr 2008 Professor, Faculty of Global Media Studies, Komazawa University (current) Apr 2015 Dean, Faculty of Global Media Studies, Komazawa University Apr 2017 Dean and Director, Komazawa University Apr 2021 President, Komazawa University; Director, Komazawa University Dec 2024 Member, Japan Association of Corporate Executives (current) Apr 2025 Member, Committee on School Corporation Management Investigation, Ministry of Education, Culture, Sports, Science and Technology (current) Jun 2025 Outside Director, Hirose Electric Co., Ltd. (current)
1959-11-05
Kentaro MIURA
Director (Audit and Supervisory Committee Member)
Jun 1995 Auditor, TPS Research Institute Co., Ltd. (current) Jun 2014 Outside Auditor, Hirose Electric Co., Ltd. Jun 2021 Outside Director (Audit and Supervisory Committee Member), Hirose Electric Co., Ltd. (current)
1972-03-22
Kenji TAKASHIMA
Director (Audit and Supervisory Committee Member)
Apr 1987 Joined Aoyama Audit Corporation (now PwC Japan LLC) Oct 1992 Established Takashima Certified Public Accountant Office; Director (current) Sep 2000 Established Nakameguro Net Accounting Co., Ltd.; Representative Director (current) Jun 2023 Outside Director (Audit and Supervisory Committee Member), Hirose Electric Co., Ltd. (current)
1963-12-01
Harumi ISHIDA
Director (Audit and Supervisory Committee Member)
Oct 1988 Joined Aoyama Audit Corporation (now PwC Japan LLC) Aug 2013 Member, Policy Evaluation and Independent Administrative Institution Evaluation Committee, Ministry of Internal Affairs and Communications Apr 2017 Professor, Department of Business Administration, Faculty of Business Administration, Bunkyo University (current) Apr 2021 Member of the Audit Committee, Fujisawa City (current) May 2022 Chair, Committee on Contract Monitoring, National Diet Library (current) Aug 2024 Chair, Committee on Public-Private Competitive Bidding, Ministry of Internal Affairs and Communications (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Hirose Electric Co., Ltd. (current)
1962-08-06
Large Shareholding Reports
Nomura Asset Management Co., Ltd.
2026-04-03
6.59%→7.69%
Nomura Asset Management Co., Ltd.
2026-02-17
7.46%→6.59%
First Eagle Investment Management, LLC
2025-12-04
7.01%→8.51%
Amova Asset Management Co., Ltd.
2025-09-19
2.35%→2.29%
Massachusetts Financial Services Company
2025-09-04
5.48%→4.24%
Nomura Asset Management Co., Ltd.
2025-09-03
6.43%→7.46%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-04
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-03
Large Shareholding Report
EDINET
2026-02-17
Large Shareholding Report
TDnet
2026-02-03
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-04
Large Shareholding Report
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-09-04
Large Shareholding Report
EDINET
2025-09-03
Large Shareholding Report
TDnet
2025-08-04
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-03
Q3 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-11-14
Amended Securities Registration Statement
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2024-11-01
Securities Registration Statement
TDnet
2024-08-01
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-05-07
Securities Registration Statement
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
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