Overview
Electric Appliances

FURUNO ELECTRIC CO.,LTD.

Furuno Electric is a leading manufacturer of marine electronic equipment and industrial electronic devices, leveraging core sensor technologies based on ultrasonic and electromagnetic waves. Its marine business provides navigation instruments, fishing equipment, and wireless communication systems to a broad range of vessels including large commercial ships, fishing boats, and small workboats. Its industrial business delivers medical devices, ITS equipment (including ETC in-vehicle units), GPS devices, aviation electronics, and disaster prevention solutions, targeting safety, comfort, and social infrastructure markets.

Market Cap
¥239B
US$1.52B
EV
¥220B
US$1.40B
Stock¥7,550▼-1.18%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.2
x
LTM EV/EBIT
11.1
x
LTM PER
14.5
x
LTM PBR
2.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-40.6%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jul 13, 26Q1 FY2027/02 earnings announced
MC → EV Bridge
239BUS$1.52BMarket Cap14.9BUS$95.2M+ Debt26.5BUS$169M− Cash7.98BUS$50.9M− Inv. Sec.0.44BUS$2.83M+ NCI220BUS$1.40BEV
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Performance & Balance
Revenue 5Y (¥B)
84.8US$541M'22/291.3US$582M'23/2115US$732M'24/2127US$810M'25/2141US$897M'26/2
EBITDA 5Y (¥B)
5.69US$36.3M'22/24.58US$29.2M'23/29.93US$63.3M'24/216.8US$107M'25/220.2US$129M'26/2
Net Income 5Y (¥B)
2.81US$17.9M'22/21.35US$8.60M'23/26.24US$39.8M'24/211.5US$73.1M'25/216.7US$107M'26/2
Capital Structure
87%
EquityD/E 0.15xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
17.5US$112M9.60US$61.2M'22/218.5US$118M19.3US$123M'23/215.9US$101M17.4US$111M'24/220.7US$132M20.5US$130M'25/231.3US$200M14.9US$95.2M'26/2
Shareholders
Top 10 hold 44.9%
1
Furuno Kosan Co., Ltd.
13.24%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.91%
3
Custody Bank of Japan, Ltd. (Trust Account)
4.73%
4
MUFG Bank, Ltd.
3.14%
5
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, Mizuho Bank, Ltd. Account; Re-trustee: Custody Bank of Japan, Ltd.)
2.98%
6
FURUNO ELECTRIC CO.,LTD. Business Partners' Stock Ownership Association
2.90%
7
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.43%
8
Eco Kosan Co., Ltd.
1.77%
9
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
1.63%
10
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.14%
Management
10 officers
Yukio FURUNO
Representative Director, President and Executive Officer, CEO; General Manager, Security Export Control Headquarters; Chief Specified Export Declaration Officer
Mar 1971 Joined Teijin Limited Sep 1984 Joined the Company Mar 1987 Deputy General Manager, Administration Headquarters May 1987 Director May 1990 Managing Director May 1999 Senior Managing Director; in charge of Administration; General Manager, Tokyo Branch Mar 2007 Representative Director, President Mar 2021 Representative Director, President and Executive Officer, CEO (current)
1948-02-02
Kazuma HIKUMATSU
Director, Managing Executive Officer and CMO; in charge of Aviation and Defense Business Division
Apr 1984 Joined the Company Mar 2006 General Manager, Sales Planning Department, Marine Equipment Business Division May 2009 Director; General Manager, Sales Planning Department, Marine Equipment Business Division Jan 2021 Director; Deputy Division Head, Marine Equipment Business Division May 2021 Senior Executive Officer; Division Head, Marine Equipment Business Division Mar 2024 Managing Executive Officer; Division Head, Marine Equipment Business Division May 2024 Director, Managing Executive Officer; Division Head, Marine Equipment Business Division Mar 2026 Director, Managing Executive Officer, CMO (current)
1960-01-06
Yutaka WADA
Director, Managing Executive Officer and CFO; in charge of Corporate Planning, Accounting, Human Resources and General Affairs, IT, Legal Office, Procurement and Logistics, D&I
Apr 1982 Joined the Company Mar 2003 General Manager, Ship Sales Department, Marine Equipment Business Division May 2007 Director Mar 2015 Deputy Division Head, Marine Equipment Business Division Sep 2015 General Manager, Tokyo Branch May 2016 Managing Director; Assistant to Division Head, Marine Equipment Business Division May 2018 Full-time Corporate Auditor May 2023 Director, Managing Executive Officer, CFO (current)
1959-05-04
Koji TOKUDA
Director, Senior Executive Officer and CTO; in charge of R&D, Production, Quality and Environment, Technology Research Institute, Quality Control Office, Intellectual Property Department, Technology Management Department, Ultrasonic TD Center; Energy Management Officer
Apr 1990 Joined the Company Mar 2018 General Manager, Development and Design Division, Marine Equipment Business Division Mar 2021 Executive Officer; General Manager, Development and Design Division, Marine Equipment Business Division Mar 2024 Executive Officer; Deputy Division Head and General Manager, Development and Design Division, Marine Equipment Business Division Mar 2026 Senior Executive Officer, CTO May 2026 Director, Senior Executive Officer, CTO
1965-06-07
Shingo KAGAWA
Director
Apr 1981 Joined Fujitsu Limited Apr 2012 Executive Officer; Head of Network Services Business Group and Head of Video & Network Services Business Division, Fujitsu Limited Jun 2012 Executive Officer; Head of Outsourcing Business Group and Head of Video & Network Services Business Division, Fujitsu Limited Apr 2015 Managing Executive Officer; Deputy Head of Integration Services Unit and Head of Network Services Business Group, Fujitsu Limited Apr 2016 Senior Managing Executive Officer; Chief Technology Officer; Head of Digital Services Unit, Fujitsu Limited Apr 2018 Representative Director, President, Fujitsu Research Institute Ltd. Apr 2020 Special Adviser, APAMAN Co., Ltd. May 2020 Outside Director of the Company (current) Oct 2020 Representative Director, DigiIT Co., Ltd. (now SS Technologies Co., Ltd.) Oct 2021 Chairman of the Board, SS Technologies Co., Ltd. (formerly DigiIT Co., Ltd.) May 2022 Outside Director, Ministop Co., Ltd. (current) Jan 2023 Outside Director, H.I.S. Co., Ltd. Jan 2026 Outside Director, H.I.S. Co., Ltd. (current)
1958-03-08
Masako KUBO
Director
Jun 2011 Director, Omron Personnel Co., Ltd. Apr 2015 Representative Director, President, Omron Personnel Co., Ltd. Apr 2018 Executive Officer, Omron Corporation Apr 2018 Representative Director, President, Omron Expertlink Corporation Apr 2022 Specially Appointed Professor, Research Center for Regional Collaboration, Kyoto Women's University Jun 2022 Outside Director, Nitto Kogyo Corporation Jun 2023 Managing Director, Kyoto Omron Regional Cooperation Foundation (current) May 2024 Outside Director of the Company (current) Apr 2026 Specially Appointed Professor, Research Center for Regional Collaboration, Kyoto Women's University (current)
1959-10-12
Mikinori AMETANI
Full-time Corporate Auditor
Apr 1984 Joined the Company Mar 2009 General Manager, International Department, Marine Equipment Business Division Jun 2016 Executive Director; General Manager, International Department, Marine Equipment Business Division Mar 2021 Deputy General Manager, Corporate Planning Department Feb 2023 Assistant to Corporate Auditors May 2023 Full-time Corporate Auditor (current)
1961-01-23
Shogo YAMADA
Outside Corporate Auditor
Apr 1996 Registered as Certified Public Accountant (current) Jul 2013 Head, Shogo Yamada CPA Office (current) Mar 2014 Outside Corporate Auditor, Toyo Tanso Co., Ltd. Mar 2015 Outside Director, Toyo Tanso Co., Ltd. Jun 2015 Outside Director, Contec Co., Ltd. Jan 2020 Director, COO, TOMOE VALVE INDUSTRY PTE LTD Jan 2022 Director, TOMOE VALVE INDUSTRY PTE LTD (current) May 2022 Outside Corporate Auditor of the Company (current)
1966-01-25
Hideo HIGUCHI
Director
Jun 2004 Executive Officer; Head of Business Process Reform, Omron Corporation Jun 2007 Managing Executive Officer; Head of Business Process Innovation, Omron Corporation Dec 2008 Managing Executive Officer; Head of Business Process Innovation and Head of Group Strategy Office, Omron Corporation Mar 2009 Managing Executive Officer; Head of Group Strategy Office, Omron Corporation Nov 2011 Outside Director, Soloel Co., Ltd. Mar 2012 Director, Soloel Co., Ltd. Jun 2012 Outside Corporate Auditor, Toyo Business Engineering Co., Ltd. (now Business Engineering Co., Ltd.) May 2016 Outside Director of the Company (current) Jun 2016 Outside Director, Toyo Business Engineering Co., Ltd. (now Business Engineering Co., Ltd.)
1950-03-05
Hidekazu SARUKI
Outside Corporate Auditor
Oct 2001 Registered as Attorney (Osaka Bar Association); joined Miyake & Partners (now Miyake Law Office LPC) May 2011 Partner, Miyake & Partners (current) May 2014 Outside Corporate Auditor, Nishimura Securities Co., Ltd. (current) Jun 2015 Auditor, General Incorporated Association for Infection Control, Disinfection and Sterilization Measures Jun 2016 Outside Corporate Auditor, Duskin Co., Ltd. (current) May 2026 Outside Corporate Auditor of the Company
1976-03-02
Large Shareholding Reports
Mizuho Bank, Ltd.
2026-09-07
3.59%→3.59%
Furuno Kosan Co., Ltd.
2026-06-26
13.13%→13.13%
Annual report (as of 2026-08-31): 13.24%
Mizuho Bank, Ltd.
2026-06-22
3.59%→3.59%
Furuno Kosan Co., Ltd.
2026-05-12
13.13%
Annual report (as of 2026-08-31): 13.24%
Mizuho Bank, Ltd.
2025-11-10
3.59%→3.59%
Mizuho Bank, Ltd.
2025-09-22
3.59%→3.59%
Mizuho Bank, Ltd.
2025-09-05
3.59%→3.59%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-09
Semi-Annual Securities Report
Period: Mar 2026 – Feb 2027
TDnet
2026-10-09
Q2 Earnings Flash
FY ending Feb 2027
EDINET
2026-09-07
Large Shareholding Report
EDINETAmended
2026-07-23
Amended Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2026-07-10
Q1 Earnings Flash
FY ending Feb 2027
EDINETAmended
2026-06-26
Change Report
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-05-18
Annual Securities Report
Period: Mar 2025 – Feb 2026
EDINET
2026-05-12
Large Shareholding Report
TDnet
2026-01-09
Q3 Earnings Flash
FY ending Feb 2026
EDINET
2025-11-10
Large Shareholding Report
EDINET
2025-10-10
Semi-Annual Securities Report
Period: Mar 2025 – Feb 2026
EDINET
2025-09-22
Large Shareholding Report
EDINET
2025-09-05
Large Shareholding Report
TDnet
2025-07-09
Q1 Earnings Flash
FY ending Feb 2026
EDINET
2025-05-22
Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2025-01-14
Q3 Earnings Flash
FY ending Feb 2025
EDINET
2024-10-15
Semi-Annual Securities Report
Period: Mar 2024 – Feb 2025
EDINET
2024-07-16
Quarterly Securities Report
Period: Mar 2024 – May 2024
TDnet
2024-07-16
Q1 Earnings Flash
FY ending Feb 2025
EDINET
2024-05-23
Annual Securities Report
Period: Mar 2023 – Feb 2024
EDINET
2024-01-15
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-16
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-05-25
Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINET
2023-01-16
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-14
Quarterly Securities Report
EDINET
2022-07-14
Quarterly Securities Report
EDINETAmended
2022-06-13
Amended Annual Securities Report
EDINET
2022-05-26
Annual Securities Report
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