Overview
Electric Appliances

ALLIED TELESIS HOLDINGS K.K.

Allied Telesis Holdings is a Japan-founded network equipment manufacturer that develops, manufactures, and sells IP technology and network system products to customers worldwide across Japan, the Americas, EMEA, and Asia-Pacific regions. The company offers end-to-end solutions spanning IT Infrastructure, IT Service Consulting, and Cyber Security businesses, covering network design, construction, maintenance, operations, and security management. Its competitive strengths lie in deep in-house R&D capabilities, one-stop delivery from product development through post-installation support, and a broad global customer base spanning industries such as energy, manufacturing, and food & beverage.

Market Cap
¥31.6B
US$202M
EV
¥20.4B
US$130M
Stock¥305▼-1.61%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.9
x
LTM EV/EBIT
5.0
x
LTM PER
9.4
x
LTM PBR
1.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+22.6%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 18, 26Profit-taking after earnings announcement
2Mar 10, 26Following overall market uptrend
3Jun 17, 26Board approved share buyback
MC → EV Bridge
31.6BUS$202MMarket Cap5.72BUS$36.5M+ Debt17.0BUS$108M− Cash0.00BUS$0.01M− Inv. Sec.0.01BUS$0.08M+ NCI20.4BUS$130MEV
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Performance & Balance
Revenue 5Y (¥B)
33.3US$212M'21/1241.5US$265M'22/1244.4US$283M'23/1248.5US$309M'24/1250.0US$319M'25/12
EBITDA 5Y (¥B)
2.17US$13.8M'21/122.86US$18.2M'22/123.31US$21.1M'23/124.61US$29.4M'24/125.34US$34.0M'25/12
Net Income 5Y (¥B)
1.37US$8.74M'21/128.61US$54.9M'22/121.09US$6.95M'23/123.60US$23.0M'24/122.92US$18.6M'25/12
Capital Structure
79%
21%
EquityD/E 0.27xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
4.72US$30.1M8.81US$56.2M'21/129.05US$57.7M6.56US$41.8M'22/1210.7US$68.3M9.69US$61.8M'23/1214.3US$91.0M7.67US$48.9M'24/1217.0US$109M6.33US$40.4M'25/12
Shareholders
Top 10 hold 55.1%
1
OSHIMA GENERAL HOLDINGS NO.1,LLC (Standing Proxy: Mizuho Securities Co., Ltd.)
45.94%
2
Custody Bank of Japan, Ltd. (Trust Account)
2.10%
3
Naoyuki YOKOYAMA
1.46%
4
THE BANK OF NEW YORK MELLON 140040 (Standing Proxy: Mizuho Bank, Ltd.)
1.18%
5
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
0.95%
6
USB AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT (Standing Proxy: Citibank, N.A., Tokyo Branch)
0.94%
7
JPMorgan Securities Japan Co., Ltd.
0.83%
8
BOFAS INC SEGREGATION ACCOUNT (Standing Proxy: BofA Securities Japan Co., Ltd.)
0.65%
9
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
0.57%
10
Rakuten Securities, Inc. (Joint Account)
0.53%
Management
7 officers
Sachie OSHIMA
Representative Director, Chairman and President
Jan 2004 Director, Allied Telesis, Inc. Mar 2004 Director, the Company May 2005 Director, Allied Telesis Capital Corp. Feb 2007 Adjunct Associate Professor, Stanford University School of Medicine Mar 2007 Resigned as Director, the Company Mar 2010 Director, the Company Sep 2020 Representative Director, Vice Chairman, the Company Oct 2022 Representative Director, Chairman and President, the Company (current) Representative Director, Chairman, Allied Telesis K.K. Director, Chairman and CEO, Allied Telesis, Inc. (current) Director, President and CEO, Allied Telesis Capital Corp. (current) Mar 2023 Representative Director, President, Allied Telesis K.K. (current)
1971-08-09
Shinichi KIMURA
Director
Jan 1988 Joined the Company Jul 2004 Executive Officer, Head of Product Technology Division, Allied Telesis Development Center K.K. Jun 2009 Executive Officer, CIO, the Company Mar 2010 Representative Director, the Company Mar 2012 Representative Director, Allied Telesis K.K. Mar 2016 Resigned as Representative Director, the Company and Allied Telesis K.K. Mar 2020 Senior Technical Advisor, Allied Telesis K.K. Mar 2023 Director, Senior Executive Vice President and COO, Allied Telesis K.K. Mar 2024 Director, the Company (current)
1961-08-14
Toramei TAKASHIMA
Director, CFO
Jun 2008 Joined Allied Telesis, Inc. Jan 2011 Chief Controller, Allied Telesis, Inc. Apr 2014 Executive Officer, the Company Jun 2017 Senior Executive Officer, Head of Finance Division, the Company Apr 2023 Managing Executive Officer, the Company Mar 2024 Director, the Company Oct 2024 Director, CFO, the Company (current) Mar 2026 Director, CFO, Allied Telesis K.K. (current)
1974-06-15
Eu-Jin LIM
Director, COO
Jun 1992 Joined Allied Telesis, Inc. Jun 2006 Executive Vice President, Engineering and Manufacturing, Allied Telesis, Inc. Feb 2010 Director, President and COO, Allied Telesis, Inc. Mar 2010 Director, the Company Mar 2014 Resigned as Director, the Company Apr 2014 Consultant, Group Engineering and Operations Division, the Company Dec 2022 Group Management Consultant, the Company Jun 2023 President, Allied Telesis, Inc. Mar 2024 Director, COO, the Company (current) Apr 2025 Director, Allied Telesis Labs Ltd. (current) Apr 2025 Director, Allied Telesis Wireless Ltd. (current)
1968-05-13
Takashi INOUE
Director (Audit and Supervisory Committee Member)
Oct 1981 Joined Sanwa Audit Corporation, Tokyo Marunouchi Office (currently Deloitte Touche Tohmatsu LLC) May 1985 Registered as Certified Public Accountant Jun 1998 Partner, Tohmatsu & Co. (currently Deloitte Touche Tohmatsu LLC) Oct 2018 Opened Takashi Inoue Certified Public Accountant Office (current) Oct 2018 Partner, Kyoei Accounting Office (current) Mar 2019 Director (Audit and Supervisory Committee Member), Broadband Tower, Inc. (current) Mar 2019 Director (Audit and Supervisory Committee Member), the Company (current) Mar 2019 Statutory Auditor, Allied Telesis K.K. (current) Nov 2019 Statutory Auditor, Hosei Co., Ltd. (currently HOUSEI Inc.) Mar 2023 Director (Audit and Supervisory Committee Member), HOUSEI Inc. (current)
1956-08-24
Kazuaki ISHIMOTO
Director (Audit and Supervisory Committee Member)
Aug 1986 Joined Shinohara Keikei Accounting Office Jul 1995 Statutory Auditor, the Company Aug 1996 Established Kazuaki Ishimoto Certified Tax Accountant Office; Head of the Office (current) Mar 2016 Resigned as Statutory Auditor, the Company Mar 2022 Director (Audit and Supervisory Committee Member), the Company (current)
1956-05-09
Ashit PADWAL
Director (Audit and Supervisory Committee Member)
Sep 2011 Chief Risk Officer, Allied Telesis, Inc. Mar 2012 Director, the Company Mar 2012 Director, Allied Telesis, Inc. Mar 2012 Director, Allied Telesis Capital Corp. Sep 2022 Professor of Law and Ethics, San Jose State University (current) Mar 2025 Director (Audit and Supervisory Committee Member), the Company (current)
1964-01-05
Large Shareholding Reports
STM HERITAGE PTE. LTD.
2026-03-06
6.27%→4.93%
Correction filing (name/detail fix only) — ratio carried over from the original filing
STM HERITAGE PTE. LTD.
2026-03-05
6.27%→4.93%
Hiroyuki MAKI
2025-08-29
6.16%→0.00%
STM HERITAGE PTE. LTD.
2025-08-29
6.27%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-14
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-15
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-30
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINETAmended
2026-03-06
Change Report
EDINET
2026-03-05
Large Shareholding Report
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-29
Large Shareholding Report
EDINET
2025-08-29
Large Shareholding Report
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-15
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-29
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-29
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-15
Quarterly Securities Report
EDINET
2022-05-16
Quarterly Securities Report
EDINET
2022-03-31
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-26
Annual Securities Report
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