Overview
Electric Appliances

SYSMEX CORPORATION

Sysmex Corporation is a global leader in the development, manufacture, and sale of in-vitro diagnostic instruments, reagents, and software, with a primary focus on hematology, hemostasis, urinalysis, and immunochemistry. The company provides integrated solutions to healthcare institutions worldwide, combining diagnostic hardware with reagents, software platforms, maintenance services, and academic support to address diverse clinical laboratory needs. Sysmex is expanding into emerging areas including oncology (cancer genomic testing), neurology (Alzheimer's disease biomarkers), and medical digital transformation (DX), leveraging its diagnostics expertise to enter adjacent therapeutic and monitoring domains.

Market Cap
¥1,173B
US$7.48B
EV
¥1,179B
US$7.52B
Stock¥1,939▼-1.32%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
11.4
x
LTM EV/EBIT
21.0
x
LTM PER
29.6
x
LTM PBR
2.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-13.6%pt
1001234
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 6, 25Interim earnings downward revision
2Feb 13, 26Guidance downward revision announcement
3Mar 6, 26Stock rise due to new product announcement
4Aug 10, 26Q1 earnings: Revenue +24%, net profit +91% YoY; FY net profit guidance raised from ¥36bn to ¥37bn
MC → EV Bridge
1,173BUS$7.48BMarket Cap124BUS$788M+ Debt114BUS$725M− Cash5.10BUS$32.5M− Inv. Sec.0.60BUS$3.82M+ NCI1,179BUS$7.52BEV
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Performance & Balance
Revenue 5Y (¥B)
364US$2.32B'22/3411US$2.62B'23/3462US$2.94B'24/3509US$3.24B'25/3500US$3.19B'26/3
EBITDA 5Y (¥B)
94.8US$605M'22/3105US$673M'23/3114US$729M'24/3127US$807M'25/398.3US$627M'26/3
Net Income 5Y (¥B)
44.1US$281M'22/345.8US$292M'23/349.6US$317M'24/353.7US$342M'25/335.5US$226M'26/3
Capital Structure
80%
20%
EquityD/E 0.25xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
73.8US$470M25.7US$164M'22/369.5US$443M34.7US$221M'23/375.5US$482M69.1US$440M'24/389.6US$571M64.7US$413M'25/384.1US$536M70.5US$449M'26/3
Shareholders
Top 10 hold 46.6%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
11.52%
2
Nakatani Foundation (Public Interest Incorporated Foundation)
6.18%
3
Kobe Yamabuki Foundation (Public Interest Incorporated Foundation)
5.75%
4
Nakatani Kosan Co., Ltd.
5.48%
5
Custody Bank of Japan, Ltd. (Trust Account)
4.76%
6
Kazuko IEJI
3.34%
7
Taeko WADA
3.11%
8
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.67%
9
Lusol Co., Ltd.
2.27%
10
NORTHERN TRUST CO.(AVFC) SUB A/C AMERICAN CLIENTS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.56%
Management
12 officers
Hisashi IEJI
Director, Chairman (Representative Director)
Apr 1973 Joined Sanwa Bank, Ltd. (currently MUFG Bank, Ltd.) Sep 1986 Director of the Company Mar 1990 Managing Director of the Company Feb 1996 Representative Director of the Company Apr 1996 Senior Managing Director of the Company Jun 1996 President of the Company Apr 2013 Chairman and President of the Company Apr 2018 Chairman and President, CEO of the Company Apr 2023 Chairman, Group CEO of the Company (current) Jun 2025 Outside Director, Minato Bank, Ltd. (current)
1949-09-17
Ishine MATSUI
Director, President (Representative Director)
Apr 1985 Joined the Company Jul 2001 President, Sysmex Europe GmbH (currently Sysmex Europe SE) Apr 2007 General Manager, Customer Support Division of the Company Apr 2009 General Manager, IVD Business Strategy Division of the Company Apr 2011 Executive Officer, General Manager, Corporate Planning Division of the Company Apr 2013 Executive Officer, General Manager, Overseas Business Promotion Division of the Company Apr 2017 Senior Executive Officer of the Company Apr 2019 Managing Executive Officer of the Company Jun 2019 Director, Managing Executive Officer of the Company Apr 2023 Director, Senior Managing Executive Officer of the Company Apr 2026 Representative Director, President of the Company (current)
1961-01-01
Tomokazu YOSHIDA
Director
Jun 2000 Joined the Company Apr 2015 General Manager, Central Research Laboratories of the Company Apr 2017 Executive Officer, General Manager, Central Research Laboratories and General Manager, MR Business Promotion Office of the Company Apr 2020 Senior Executive Officer, General Manager, Central Research Laboratories and General Manager, MR Business Promotion Office of the Company Apr 2021 Managing Executive Officer, General Manager, MR Business Division of the Company Jun 2021 Director, Managing Executive Officer of the Company Apr 2023 Director, Managing Executive Officer, CTO of the Company (current)
1964-12-16
Takashi ONO
Director
Apr 1987 Joined the Company Apr 2009 Executive Vice President, Sysmex America, Inc. Apr 2010 President, Sysmex Reagents America Inc. Apr 2013 General Manager, Hematology Product Engineering Division of the Company Apr 2016 General Manager, SCM Division of the Company Apr 2019 Executive Officer, General Manager, SCM Division of the Company Apr 2021 Senior Executive Officer of the Company Apr 2023 Managing Executive Officer of the Company Jun 2023 Director, Managing Executive Officer of the Company (current)
1965-01-19
Kensuke IIZUKA
Director
Apr 1994 Joined the Company Oct 2010 Vice President, Sysmex Asia Pacific Pte. Ltd. Apr 2015 General Manager, Corporate Planning Office of the Company Apr 2017 Executive Officer of the Company Jan 2018 Executive Officer, General Manager, Secretariat of the Company Apr 2018 Executive Officer, General Manager, Corporate Administration Division of the Company Apr 2019 Executive Officer, General Manager, Human Resources Division of the Company Apr 2020 Senior Executive Officer of the Company Jun 2025 Outside Director, Kainos Corporation (current) (scheduled to retire Jun 2026) Apr 2026 Managing Executive Officer, CFO of the Company Jun 2026 Outside Director, Shofu Inc. (scheduled to assume office Jun 2026) Jun 2026 Director, Managing Executive Officer, CFO of the Company (current)
1970-03-05
Tomoo NIIMAKI
Director, Audit and Supervisory Committee Member
Apr 1989 Joined the Company Apr 2019 General Manager, Corporate Administration Division of the Company Apr 2022 Executive Planner, Corporate Administration Division of the Company Jun 2022 Director, Audit and Supervisory Committee Member of the Company (current)
1966-08-16
Kazuo OTA
Director
Apr 1978 Joined Kawasaki Heavy Industries, Ltd. Apr 2012 General Manager, Planning Division, Aerospace Company, Kawasaki Heavy Industries, Ltd. Apr 2013 Executive Officer, General Manager, Planning Division, Aerospace Company, Kawasaki Heavy Industries, Ltd. Apr 2015 Managing Executive Officer, General Manager, Planning Division; in charge of Finance and Human Resources (Corporate), Kawasaki Heavy Industries, Ltd. Jun 2015 Managing Director, General Manager, Planning Division; in charge of Finance and Human Resources (Corporate), Kawasaki Heavy Industries, Ltd. Dec 2016 Managing Director, President, Motorcycle & Engine Company, Kawasaki Heavy Industries, Ltd. Apr 2018 Director, Managing Executive Officer, President, Motorcycle & Engine Company, Kawasaki Heavy Industries, Ltd. Jun 2019 Retired as Director, Kawasaki Heavy Industries, Ltd. Jun 2019 Director of the Company (current)
1955-01-13
Haruo INOUE
Director
Apr 1981 Joined Sanwa Bank, Ltd. (currently MUFG Bank, Ltd.) Apr 2008 Executive Officer, General Manager, Corporate Planning Division, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (currently MUFG Bank, Ltd.) Jun 2010 Managing Executive Officer, Mitsubishi UFJ NICOS Co., Ltd. Jun 2011 Director, Managing Executive Officer, Mitsubishi UFJ NICOS Co., Ltd. May 2012 Managing Executive Officer, Deputy General Manager, Retail Division, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (currently MUFG Bank, Ltd.) May 2014 Managing Executive Officer, The Bank of Tokyo-Mitsubishi UFJ, Ltd. Jun 2014 Representative Director, President and Executive Officer, Mitsubishi UFJ NICOS Co., Ltd. Apr 2020 Senior Managing Executive Officer, Sojitz Corporation Apr 2022 Executive Vice President, Sojitz Corporation Jun 2024 Outside Director, Unirita Corporation (current) Jun 2024 Director of the Company (current)
1957-12-06
Yuka FUJIOKA
Director
Apr 1993 Joined Kansai Television Co., Ltd., Announcer Department, Programming Division Apr 1999 News Caster, CS Broadcasting (Asahi News Star, etc.); Lecturer, Simul Academy Conference Interpreter Training Course Sep 2008 Part-time Lecturer, Center for International Education and Cooperation, Kwansei Gakuin University (current) Apr 2009 Part-time Lecturer, Global Studies Course, Department of English Literature, Faculty of Letters, Kobe College Apr 2010 Part-time Lecturer, School of International Studies, Kwansei Gakuin University (current) Jul 2016 Representative Director, President, Fujioka Metal Co., Ltd. (current) Jun 2018 Outside Director, Maruichi Steel Tube Ltd. (current) Jun 2024 Director of the Company (current)
1969-05-24
Mari OSHIMA
Director
Apr 1992 Assistant Professor, Institute of Industrial Science, The University of Tokyo Apr 1995 Visiting Researcher, Department of Mechanical Engineering, School of Engineering, Stanford University, Ministry of Education (Monbusho) Jun 1998 Lecturer, Institute of Industrial Science, The University of Tokyo Apr 1999 Associate Professor, Department of Functional Engineering, University of Tsukuba / Associate Professor, Institute of Industrial Science, The University of Tokyo Apr 2000 Associate Professor, Institute of Industrial Science, The University of Tokyo Jul 2005 Professor, Institute of Industrial Science, The University of Tokyo Apr 2006 Professor, Interdisciplinary Information Studies / Professor, Institute of Industrial Science, The University of Tokyo (current) Jul 2018 Outside Director, Toyota Central R&D Labs., Inc. (current) Sep 2022 Outside Director, OPEN UP GROUP Inc. (current) Apr 2024 Vice Director, Tokyo College, The University of Tokyo (current) Apr 2024 Visiting Professor, Faculty of Engineering, Tokyo University of Technology (current) Jun 2025 Director of the Company (current) Apr 2026 Professor, Institute of Industrial Science, The University of Tokyo (current)
1962-03-25
Kenjiro ODA
Director, Audit and Supervisory Committee Member
Apr 1984 Joined Hyogo Sogo Bank, Ltd. (currently Minato Bank, Ltd.) Apr 2011 Executive Officer, General Manager, Credit Planning Division, Minato Bank, Ltd. Apr 2013 Executive Officer, General Manager, Planning Division, Minato Bank, Ltd. Apr 2015 Managing Executive Officer, General Manager, Planning Division, Minato Bank, Ltd. Jul 2016 Managing Executive Officer, Minato Bank, Ltd. Apr 2018 Managing Director and Managing Executive Officer, Minato Bank, Ltd. Apr 2018 Executive Officer in charge of Internal Audit, Kansai Mirai Financial Group, Inc. Jun 2024 Outside Director (Audit and Supervisory Committee Member), Traydia Inc. (current) (scheduled to retire Jun 2026) Apr 2025 Audit & Supervisory Board Member (part-time), Minato Lease Co., Ltd. Apr 2025 Audit & Supervisory Board Member (part-time), Minato Capital Co., Ltd. Jun 2026 Director, Audit and Supervisory Committee Member of the Company (current)
1961-03-01
Tomofumi SAEKI
Director, Audit and Supervisory Committee Member
Apr 1986 Joined Sumitomo Bank, Ltd. (currently Sumitomo Mitsui Banking Corporation) Apr 2017 General Manager, Shinjuku Nishiguchi Corporate Sales Department I, Sumitomo Mitsui Banking Corporation Apr 2018 Executive Officer, General Manager, Kyoto-Hokuriku Corporate Sales Division, Sumitomo Mitsui Banking Corporation Apr 2019 Managing Executive Officer, General Manager, Kyoto-Hokuriku Corporate Sales Division, Sumitomo Mitsui Banking Corporation Apr 2021 Senior Managing Executive Officer, Deputy Division Executive, Wholesale Division, Sumitomo Mitsui Banking Corporation May 2023 Advisor, SMBC Venture Capital Co., Ltd. Jun 2023 Representative Director, President, SMBC Venture Capital Co., Ltd. (current) (scheduled to retire Jun 2026) Jun 2026 Director, Audit and Supervisory Committee Member of the Company (current)
1962-04-06
Large Shareholding Reports
BlackRock Japan Co., Ltd.
2026-10-05
1.48%
Taeko WADA
2026-06-09
—
Annual report (as of 2026-03-31): 3.11%
BlackRock Japan Co., Ltd.
2026-06-05
1.43%→1.39%
Nakatani Kosan Co., Ltd. (Director: Taeko WADA)
2026-06-01
5.01%→5.46%
BlackRock Fund Advisors
2026-05-22
1.63%→1.62%
BlackRock Fund Advisors
2025-12-03
1.38%→1.63%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-05
Large Shareholding Report
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-06-09
Change Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-01
Large Shareholding Report
EDINET
2026-05-22
Large Shareholding Report
EDINET
2026-03-05
中期経営計画
FY ending Mar 2027
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-03
Large Shareholding Report
EDINETAmended
2025-11-07
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINET
2025-11-07
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-06
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
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-06
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
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
2023-05-01
中期経営計画
FY ending Mar 2027
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
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