Overview
Electric Appliances

Chino Corporation

CHINO Corporation is a Japanese manufacturer and supplier of temperature measurement and control instruments, including temperature sensors, radiation thermometers, recorders, controllers, thyristor regulators, thermal imaging devices, and fuel cell evaluation systems. The company serves a broad range of industries including semiconductors, electronics, heat treatment/steel, automotive, aerospace, pharmaceuticals, food, and energy/decarbonization. Its competitive strengths lie in its comprehensive product portfolio spanning sensing, recording, and control, supported by JCSS-accredited calibration services and global sales and manufacturing operations.

Market Cap
¥29.2B
US$186M
EV
¥24.3B
US$155M
Stock¥1,770▲+0.17%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.8
x
LTM EV/EBIT
6.5
x
LTM PER
14.2
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+7.4%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 12, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
29.2BUS$186MMarket Cap4.05BUS$25.8M+ Debt10.3BUS$66.0M− Cash1.83BUS$11.7M− Inv. Sec.3.15BUS$20.1M+ NCI24.3BUS$155MEV
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Performance & Balance
Revenue 5Y (¥B)
21.9US$140M'22/323.8US$152M'23/327.4US$175M'24/329.3US$187M'25/331.6US$202M'26/3
EBITDA 5Y (¥B)
2.29US$14.6M'22/32.80US$17.9M'23/33.00US$19.1M'24/33.80US$24.2M'25/34.13US$26.3M'26/3
Net Income 5Y (¥B)
1.05US$6.70M'22/31.54US$9.80M'23/31.76US$11.2M'24/31.99US$12.7M'25/32.04US$13.0M'26/3
Capital Structure
85%
EquityD/E 0.18xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
9.09US$58.0M2.26US$14.4M'22/311.0US$70.1M3.38US$21.6M'23/39.02US$57.5M3.02US$19.3M'24/39.52US$60.7M2.62US$16.7M'25/311.5US$73.0M4.19US$26.7M'26/3
Shareholders
Top 10 hold 33.6%
1
Chino Corporation Business Partners' Stock Ownership Association
8.97%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
7.91%
3
Chino Corporation Employee Stock Ownership Association
3.61%
4
NIKKATO CORPORATION
2.51%
5
KYOWA ELECTRONIC INSTRUMENTS CO.,LTD.
2.48%
6
Kitahama Seisakusho Co., Ltd.
2.42%
7
Nippon Life Insurance Company (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
1.82%
8
Custody Bank of Japan, Ltd. (Trust Account)
1.64%
9
DKK-TOA CORPORATION
1.21%
10
CFSIL-COLONIAL FIRST STATE GLOBAL SHARE FUND 17 (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.05%
Management
9 officers
Mikio TOYODA
Representative Director, President and Executive Officer
Apr 1981 Joined the Company Jun 2012 Director, Fujioka Works Manager Oct 2014 Director, Fujioka Works Manager and Head of Instrument Development Center Jun 2015 Director, Managing Executive Officer, Fujioka Works Manager and Head of Instrument Development Center Jun 2016 Director, Managing Executive Officer, Head of Corporate Strategy Division and Head of Instrument Development Center Jun 2017 Representative Director, President and Executive Officer, Head of Instrument Development Center Jun 2019 Representative Director, President and Executive Officer (current)
1957-04-11
Akihiko NISHIGUCHI
Director, Senior Managing Executive Officer, Head of Sales Division
Apr 1982 Joined the Company Jun 2011 Director, Osaka Branch Manager Jun 2013 Director, Osaka Branch Manager, in charge of China support Feb 2014 Director, Managing Director of Shanghai Dahua-Chino Instrument Co., Ltd. (seconded) Jun 2015 Executive Officer, Managing Director of Shanghai Dahua-Chino Instrument Co., Ltd. (seconded) Jun 2019 Director, Managing Executive Officer, in charge of China business, Managing Director of Shanghai Dahua-Chino Instrument Co., Ltd. (seconded) Jun 2021 Director, Managing Executive Officer, Head of Overseas Business Division, Deputy Head of Sales Division Apr 2022 Director, Managing Executive Officer, Head of Sales Division and Manager of East Japan Branch Jun 2023 Director, Senior Managing Executive Officer, Head of Sales Division and Manager of East Japan Branch Apr 2026 Director, Senior Managing Executive Officer, Head of Sales Division (current)
1959-08-24
Manabu MATSUOKA
Director, Managing Executive Officer, Head of Quality Division
Apr 1981 Joined the Company Jun 2014 Director, General Manager of Instrumentation, Fujioka Works Jun 2015 Executive Officer, General Manager of Instrumentation, Fujioka Works Jun 2016 Managing Executive Officer, Fujioka Works Manager and General Manager of Instrumentation Jun 2017 Managing Executive Officer, Fujioka Works Manager Feb 2018 Managing Executive Officer, Head of Innovation Center Oct 2019 Managing Executive Officer, Head of Production Reform Division Feb 2021 Managing Executive Officer, Head of Production Reform Division and Head of Quality Assurance Division Apr 2022 Managing Executive Officer, Head of Quality Division Dec 2022 Representative Director, President, Sanki Instrumentation Co., Ltd. (current) Jun 2023 Director, Managing Executive Officer, Head of Quality Division (current)
1958-09-11
Yukinobu MIKI
Director
Apr 2010 Head of Metrology Division, National Institute of Advanced Industrial Science and Technology (AIST) Apr 2012 Executive Director, AIST Apr 2017 Vice President, AIST Jun 2022 Director of the Company (current) Jun 2024 Chairman, Japan Accreditation Board (current) Jul 2024 Councilor, Suga Weathering Technology Foundation (current)
1953-08-16
Chie TOMARI
Director
Apr 1984 Joined Tokyu Hands, Inc. (currently HANDS Co., Ltd.) Aug 1999 Joined Senshukai Co., Ltd. Jan 2014 Executive Officer, General Manager of General Affairs Division, Senshukai Co., Ltd. Jan 2016 Executive Officer, Deputy General Manager of Product Development Division, Senshukai Co., Ltd. Apr 2017 Seconded to Planet Work Co., Ltd. as Director, General Manager of Administration Division; Director, Deers Brain Co., Ltd. May 2019 Joined Asahi Light Metal Industries Co., Ltd., General Manager of Business Planning Office Apr 2023 Outside Director, Toho Co., Ltd. (current) Jun 2023 Outside Director, TEIKOKU Co., Ltd. (formerly Teikoku Electric Mfg. Co., Ltd.) (current) Jun 2024 Director of the Company (current)
1961-05-29
Kuniko ONOZUKA
Director
Apr 1988 Joined Kirin Brewery Company, Limited Mar 2002 Chief Manager, Sales Planning Department, Wide-Area Sales Promotion Division Sep 2005 Chief Manager, Sales Planning Department, Metropolitan Area Headquarters Mar 2010 Chief Staff, Personnel Recruitment, Human Resources and General Affairs Department Oct 2014 General Manager, Corporate Sales Department, Wide-Area Division Mar 2016 Representative Director, President, Kirin & Communications Co., Ltd. May 2022 Lecturer, Otsuma Management Academy, Otsuma Women's University Apr 2023 Part-time Lecturer, Faculty of Human Relations, Otsuma Women's University (current) Nov 2023 Outside Director, UPR Co., Ltd. (current) May 2025 Councilor, Keishin Gakuen School Corporation (current) Jun 2025 Director of the Company (current)
1964-06-04
Kyoji SAITO
Full-time Audit & Supervisory Board Member
Apr 1969 Joined the Company Jun 2001 Director Jun 2007 Managing Director Jun 2010 Senior Managing Director Jun 2014 Special Advisor Jun 2017 Full-time Audit & Supervisory Board Member (current)
1947-02-05
Kazuhiko YAMASHITA
Audit & Supervisory Board Member
Apr 1979 Joined The Saitama Bank, Ltd. Oct 2005 Executive Officer, Resona Bank, Limited Jun 2007 Senior Managing Director, Resona Payment Service Co., Ltd. Apr 2008 Representative Director and Vice President, Resona Card Co., Ltd. Jun 2011 Director and Vice President, NTT DATA SOPHIA Corporation Jun 2016 Outside Audit & Supervisory Board Member, Rhythm Watch Co., Ltd. (currently Rhythm Co., Ltd.) Jun 2017 Audit & Supervisory Board Member of the Company (current) Feb 2018 Outside Director, Audit and Supervisory Committee Member, Opto Electronics Co., Ltd. Jun 2018 Outside Director, Audit and Supervisory Committee Member, Rhythm Watch Co., Ltd. (currently Rhythm Co., Ltd.)
1956-03-19
Yoshihiko KASUYA
Audit & Supervisory Board Member
Apr 1979 Joined The Mitsubishi Bank, Ltd. (currently MUFG Bank, Ltd.) Jun 2008 Representative Director and President, Chitose Kosan Co., Ltd. Jun 2010 Director, Managing Executive Officer, Prince Hotels, Inc. Apr 2015 Director, Vice President and Executive Officer, Seibu Construction Co., Ltd. Jun 2023 Audit & Supervisory Board Member of the Company (current) Jun 2023 Outside Director, Audit and Supervisory Committee Member, Nanto Bank, Ltd. (current)
1955-10-16
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
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
2023-06-30
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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