beluuga.ai
JA
Try the Live Demo →
Overview
Electric Appliances

Ferrotec Corporation

Ferrotec is a diversified technology manufacturer supplying critical components and materials to the semiconductor and flat panel display (FPD) equipment industries, including vacuum seals, quartz products, ceramics, CVD-SiC parts, silicon parts, and crucibles. The company also develops and manufactures electronic devices such as thermo-modules (thermoelectric modules), magnetic fluids, power semiconductor substrates, and sensors. Ferrotec operates across a broad global manufacturing network with particular strength in Japan, China, the United States, Southeast Asia, and Europe, serving leading semiconductor equipment OEMs including Applied Materials.

Market Cap
¥422B
US$2.69B
EV
¥556B
US$3.55B
Stock¥7,840▼-1.13%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
8.2
x
LTM EV/EBIT
9.3
x
LTM PER
12.5
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+56.7%pt
10012345
Oct 23, 25 – Oct 23, 26StockTOPIX
1Oct 29, 25Former Murakami Fund group (City Index Eleventh, Reno, Mi… filed large shareholding report
2Oct 31, 25Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (5.31%→6.32%)
3Nov 5, 25Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (6.32%→7.37%)
4Dec 17, 25Oasis Management Company Ltd. filed large shareholding report
5Jan 29, 26Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (7.37%→5.97%)
MC → EV Bridge
422BUS$2.69BMarket Cap177BUS$1.13B+ Debt126BUS$806M− Cash19.3BUS$123M− Inv. Sec.102BUS$653M+ NCI556BUS$3.55BEV
AI Briefing
Ferrotec: critical-materials supplier to semiconductor/FPD equipment makers—vacuum seals, quartz, ceramics, thermo-modules, power semi substrates—with manufacturing across Japan, China, US, SE Asia, Europe. FY26/3 revenue ¥289B, OP ¥27.6B (9.5% margin), rebounding from FY25/3's margin trough (8.8%) as scale grows but profitability lags FY23/3's 16.6%. Market reads it at ¥422B cap / ¥556B EV (EBITDA LTM ¥67.4B, Fwd ¥78.5B), with a dispersed foreign-institutional shareholder base and no control transaction in play.
Performance & Balance
Revenue 5Y (¥B)
134US$853M'22/3211US$1.34B'23/3222US$1.42B'24/3274US$1.75B'25/3289US$1.84B'26/3
EBITDA 5Y (¥B)
30.7US$196M'22/347.7US$304M'23/341.3US$263M'24/347.8US$305M'25/355.0US$351M'26/3
Net Income 5Y (¥B)
26.7US$170M'22/329.7US$189M'23/315.2US$96.6M'24/315.7US$100M'25/314.9US$94.9M'26/3
Capital Structure
65%
35%
EquityD/E 0.55xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
53.6US$342M36.9US$235M'22/3109US$693M67.5US$431M'23/3126US$801M141US$898M'24/3129US$825M168US$1.07B'25/3149US$951M207US$1.32B'26/3
Shareholders
Top 10 hold 34.3%
as of 2026-03-31 · Source: Annual Securities Report
1
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
6.60%
2
UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT (Standing Proxy: Citibank, N.A., Tokyo Branch)
4.43%
3
JPMorgan Securities Japan Co., Ltd.
4.42%
4
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
3.43%
5
City Index Eleventh Co., Ltd.
2.98%
6
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
2.87%
7
SIX SIS LTD. (Standing Proxy: MUFG Bank, Ltd.)
2.67%
8
HSBC-FUND SERVICES HSBC - 006 MF EFM (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.60%
9
STATE STREET BANK AND TRUST COMPANY 505103 (Standing Proxy: Mizuho Bank, Ltd.)
2.16%
10
Custody Bank of Japan, Ltd. (Trust Account)
2.12%
Management
11 officers
Kenkan GA
Representative Director, President, Executive Officer and Group CEO
Apr 1993 Joined the Company Mar 1998 Chairman, Hangzhou Daiwa Thermal Magnetic Electronics Co., Ltd. (current) Jun 2001 Director of the Company Jun 2004 Managing Director of the Company Mar 2005 Chairman, Shanghai Hanhong Precision Machinery Co., Ltd. (current) Aug 2006 Managing Director in charge of Business Management of the Company Mar 2008 Chairman, Hong Kong Diyi Semiconductor Technology Co., Ltd. (current) Apr 2011 Chairman, Ningxia Shenhe New Materials Technology Co., Ltd. (current) Apr 2011 Chairman, Ningxia Dunyuan Juxin Semiconductor Technology Co., Ltd. (current) Jun 2011 Representative Director, Executive Vice President and Executive Officer in charge of Business Management of the Company Jan 2013 Chairman, Hangzhou Bori Technology Co., Ltd. (current) Jul 2013 Legal Representative, Hangzhou Xiandao Automation Technology Co., Ltd. (current) Jul 2014 Chairman, Hangzhou Daiwa Jiangdong New Materials Technology Co., Ltd. (current) Sep 2017 Chairman, Hangzhou Zhongxin Jingyuan Semiconductor Co., Ltd. (current) Dec 2017 Chairman, Anhui Fulaide Technology Development Co., Ltd. (current) Mar 2018 Chairman, Jiangsu Fulaihua Semiconductor Technology Co., Ltd. (current) May 2018 Chairman, Zhejiang Xiandao Precision Machinery Co., Ltd. (current) Oct 2018 Chairman, Jiangsu Fulaide Quartz Technology Co., Ltd. (current) Dec 2018 Director, Ferrotec (USA) Corporation (current) Dec 2018 Chairman, Hangzhou Dunyuan Juxin Semiconductor Technology Co., Ltd. (current) Sep 2019 Chairman, Anhui Fulaide Changjiang Semiconductor Materials Co., Ltd. (current) Jul 2020 Representative Director, President, Executive Officer and Group CEO of the Company (current) Oct 2020 Chairman, Zhejiang Fulaide Quartz Technology Co., Ltd. (current) Dec 2020 Chairman, Shanghai Shenhe Investment Co., Ltd. (current) Mar 2022 Chairman, Zhejiang Dunyuan Juxin Semiconductor Technology Co., Ltd. (current) Mar 2022 Chairman, Zhejiang Fulaide Semiconductor Materials Technology Co., Ltd. (current) May 2022 Director, Ferrotec Manufacturing Malaysia Sdn. Bhd. (current) Jun 2022 Chairman, Sichuan Fulaihua Technology Semiconductor Co., Ltd. (current) Nov 2023 Chairman, Zhejiang Fulaide Sensing Technology Co., Ltd. (current) Mar 2025 Director, Ferrotec Silicon Materials (Malaysia) Sdn. Bhd. (current) Aug 2025 Representative Director and President, Oizumi Seisakusho Co., Ltd. (current)
1957-10-14
Takeshi YAMAMURA
Representative Director, Executive Vice President and Executive Officer in charge of General Management and Americas/Asia Business
Apr 1996 Joined the Company Apr 2004 General Manager, TE Division, Electronic Device Business Division of the Company Apr 2008 Assistant to the President of the Company Jun 2008 Director of the Company Jun 2008 Director in charge of Business Improvement of the Company Jun 2009 Director and Executive Officer in charge of General Management of the Company Jan 2010 Chairman, Taiwan Ferrotec Co., Ltd. Jan 2011 Director, Ferrotec (USA) Corporation Apr 2011 Representative Director, Vice President of the Company Apr 2013 Director, Ferrotec Corporation Singapore Pte Ltd (current) Jun 2022 Representative Director, Executive Vice President and Executive Officer in charge of General Management and Europe/Asia Business of the Company Sep 2023 Director and CEO, Ferrotec Manufacturing Malaysia Sdn. Bhd. (current) Oct 2023 Representative Director, Executive Vice President and Executive Officer in charge of General Management and Americas/Asia Business of the Company (current) Oct 2023 Director and CEO, Ferrotec (USA) Corporation (current) Jan 2025 Director, Taiwan Ferrotec Co., Ltd. Mar 2025 Representative Director, Ferrotec Silicon Materials (Malaysia) Sdn. Bhd. (current) Mar 2026 Chairman, Taiwan Ferrotec Co., Ltd. (current)
1971-02-02
Akira TAKEDA
Director and Executive Officer in charge of Finance & Accounting and Management Administration
Apr 1989 Joined The Bank of Tokyo-Mitsubishi UFJ, Ltd. (now MUFG Bank, Ltd.) Jul 2015 Deputy General Manager, International Credit Examination Department, MUFG Bank, Ltd. Apr 2019 Seconded to the Company from MUFG Bank, Ltd.; General Manager, Finance Department, Finance & Accounting Division Aug 2019 Joined the Company; General Manager, Finance Department, Finance & Accounting Division Jun 2020 Executive Officer and General Manager, Finance & Accounting Division and Finance Department of the Company Dec 2020 Director, Shanghai Shenhe Investment Co., Ltd. (current) Jun 2022 Director and Executive Officer in charge of Finance & Accounting and Planning, and General Manager, Finance & Accounting Division of the Company May 2022 Director, Ferrotec Manufacturing Malaysia Sdn. Bhd. (current) Jun 2023 Director and Executive Officer in charge of Finance & Accounting and Management Administration, and General Manager, Finance & Accounting Division of the Company (current) Jun 2023 Non-Executive Director, Oizumi Seisakusho Co., Ltd. Mar 2025 Representative Director, Ferrotec Silicon Materials (Malaysia) Sdn. Bhd. (current) Feb 2026 Director, Ferrotec (USA) Corporation (current)
1965-10-16
Akihiro SATO
Director and Executive Officer in charge of Corporate Strategy and Special Assignments for the President
Apr 1992 Joined Tokai Bank, Ltd. (now MUFG Bank, Ltd.) Apr 2003 Joined Citibank, N.A., Tokyo Branch Apr 2005 Joined Mitsubishi UFJ Wealth Management Securities Co., Ltd. (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.) Aug 2006 Joined UBS AG, Tokyo Branch Mar 2012 Joined Shinsei Bank, Ltd. (now SBI Shinsei Bank, Ltd.) Dec 2014 Joined Mitsubishi UFJ Morgan Stanley PB Securities Co., Ltd. (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.) Jun 2015 Joined the Company; Assistant to General Manager, General Affairs Division Jun 2015 Executive Officer and General Manager, Corporate Planning Department of the Company Jul 2019 Executive Officer and General Manager, Investor Relations Department of the Company Jan 2022 Executive Officer and General Manager, Office of the President of the Company Jun 2023 Director and Executive Officer in charge of Corporate Strategy and Special Assignments for the President, and General Manager, Office of the President of the Company (current) Apr 2024 Director, Oizumi Seisakusho Co., Ltd. (current)
1967-08-04
Hisakazu TOMIYA
Full-time Corporate Auditor
Apr 1986 Joined Mitsubishi Motors Corporation Jan 2003 Transferred to Mitsubishi Fuso Truck and Bus Corporation; Manager, Group Control Department Jan 2013 General Manager, Accounting Department, Mitsubishi Fuso Truck and Bus Corporation Jan 2018 Joined the Company; Deputy General Manager, Accounting Department, Finance & Accounting Division Oct 2018 General Manager, Accounting Department, Finance & Accounting Division of the Company Jun 2026 Audit & Supervisory Board Member of the Company (current)
1962-04-02
Kentaro FUJIMOTO
Director and Executive Officer in charge of Human Resources, Legal and IT Systems
Apr 1994 Joined Yamaichi Securities Co., Ltd. Jul 1998 Joined Sasaki Law Office Jul 2001 Joined PALTEK Corporation; Operational Service Division, Legal Group Feb 2015 General Manager, Legal and General Affairs Department, JTC Co., Ltd. Sep 2020 Joined the Company; Deputy General Manager, Legal Department, Legal Office Apr 2021 General Manager, Legal Department, Legal Office of the Company Jul 2021 Head, Legal Office of the Company Jul 2022 Head, General Affairs and Legal Office of the Company Jun 2023 Executive Officer and Head, General Affairs and Legal Office of the Company Apr 2025 Executive Officer and Head, Corporate Office of the Company Jun 2025 Director and Executive Officer in charge of Human Resources, Legal and IT Systems, and Head, Corporate Office of the Company (current)
1970-02-01
Takumi ISO
Outside Director
Apr 1990 Joined Fuji Research Institute Corporation (now Mizuho Research & Technologies, Ltd.) Oct 1998 Joined Asahi Audit Corporation (now Ernst & Young ShinNihon LLC... Azsa LLC) Nov 2006 Manager, Asahi Audit Corporation Feb 2014 Joined Kanamic Network Co., Ltd.; General Manager, Administration Department Jan 2018 Representative, Iso Takumi Certified Public Accountant and Tax Accountant Office (current) May 2018 Executive Officer, Forum Engineering, Inc. Feb 2020 Outside Audit & Supervisory Board Member, BELAIR Corporation (now Technologies Co., Ltd.) Oct 2020 Partner, Alpha Audit Corporation (current) Jun 2023 Outside Audit & Supervisory Board Member, Oizumi Seisakusho Co., Ltd. Mar 2024 Resigned as Outside Audit & Supervisory Board Member, Oizumi Seisakusho Co., Ltd. Jun 2024 Outside Director of the Company (current) Oct 2024 Outside Audit & Supervisory Board Member, HROTTI Inc. Apr 2026 Representative, Iso Takumi Accounting Office LLC (current)
1965-10-13
Yuko KATSUTA
Outside Director
Apr 1997 Registered as attorney-at-law (Tokyo Bar Association) Apr 1997 Joined Araki Law Office Feb 1999 Joined Suzuei Patent & Law Office (now Suzuei Patent & Law Office) Feb 2002 Partner, Suzuei Patent & Law Office Jan 2004 Joined International Business Machines Corporation Japan; Counsel, Legal & Intellectual Property Jan 2013 Chief Privacy Officer, IBM Japan, Ltd. Jun 2016 Joined Natori Law Office (now Natori & Oki Law Office); Partner (current) Aug 2020 Outside Audit & Supervisory Board Member, Fuji Electric Co., Ltd. (current) May 2025 Auditor, AEON Happiness Human Resources Development Institute (current) Jun 2025 Outside Director of the Company (current)
1966-02-18
Tomohiro NAGAMORI
Outside Director
Apr 2000 Joined Fujitsu Limited Sep 2003 Enrolled at Suffolk University Aug 2005 Graduated from Suffolk University; Master of Business Administration (MBA) Sep 2005 Joined Nidec Corporation Apr 2009 Representative Director and President, Ersted International Co., Ltd. (current) Jun 2025 Outside Director of the Company (current)
1976-02-22
Takuo MATSUMOTO
Outside Audit & Supervisory Board Member
Apr 1999 Registered with Daini Tokyo Bar Association May 2001 Joined TMI Associates Mar 2006 Admitted to the New York State Bar Jan 2007 Partner, TMI Associates Apr 2010 Visiting Associate Professor, University of Tokyo Law School Apr 2014 Representative, Matsumoto Law Office, Ebisu (current) Sep 2018 Outside Audit & Supervisory Board Member, Every Inc. (current) Jun 2019 Outside Director, Nihon Doro Co., Ltd. Jun 2021 Outside Audit & Supervisory Board Member, Zenhoren Co., Ltd. Jun 2022 Outside Audit & Supervisory Board Member of the Company (current) Dec 2023 Outside Audit & Supervisory Board Member, Tokyu Corporation Jun 2025 Outside Director, Zenhoren Co., Ltd. (current)
1972-11-22
Hiroyuki DAIRAKU
Outside Audit & Supervisory Board Member
Oct 2000 Joined Deloitte Touche Tohmatsu (now Deloitte Touche Tohmatsu LLC) Sep 2006 Manager, Secured Capital Japan Co., Ltd. (now PAG Investment & Management Co., Ltd.) Jul 2009 Senior Manager, Shinnihon LLC (now EY Shinnihon LLC) Jul 2012 Certified Public Accountant Specialist for Corporate Accounting, Financial Services Agency Oct 2014 Senior Manager, Shinnihon LLC (now EY Shinnihon LLC) Oct 2015 Senior Vice President, Deloitte Tohmatsu Financial Advisory LLC Apr 2019 Director, PwC Arata LLC (now PwC Japan LLC) / PwC Consulting LLC Oct 2021 Head, Ohraku Certified Public Accountant and Tax Accountant Office (current) Oct 2021 Representative Director, Ohraku Sogo Accounting Inc. (current) Jun 2022 Outside Director, Welsy Co., Ltd. Jun 2023 Outside Audit & Supervisory Board Member of the Company (current)
1976-06-03
Large Shareholding Reports
Nomura Securities Co., Ltd.
2026-10-07
4.56%→4.78%
Asset Management One Co., Ltd.
2026-09-25
5.03%
Nomura Securities Co., Ltd.
2026-07-23
4.80%→4.71%
Nomura Securities Co., Ltd.
2026-07-06
4.54%→4.80%
Oasis Management Company Ltd.
2026-06-25
—
Oasis Management Company Ltd.
2026-06-25
7.63%→6.57%
Nomura Securities Co., Ltd.
2026-06-22
3.98%→4.54%
Oasis Management Company Ltd.
2026-06-16
8.50%→7.63%
J.P. Morgan Securities plc
2026-06-03
3.75%→2.21%
Asset Management One Co., Ltd.
2026-05-22
3.15%→2.99%
J.P. Morgan Securities plc
2026-05-20
2.27%→3.75%
Nomura Securities Co., Ltd.
2026-05-19
1.43%→3.98%
NOMURA INTERNATIONAL PLC
2026-05-12
3.95%
Asset Management One Co., Ltd.
2026-05-12
3.15%
J.P. Morgan Securities Japan Co., Ltd.
2026-05-08
4.15%→3.01%
Annual report (as of 2026-03-31): 4.42%
Asset Management One Co., Ltd.
2026-04-22
3.00%→3.07%
J.P. Morgan Securities plc
2026-04-20
2.51%→4.32%
Goldman Sachs International
2026-04-07
4.70%→2.66%
Asset Management One Co., Ltd.
2026-04-07
2.78%→3.00%
Goldman Sachs International
2026-03-23
4.70%
J.P. Morgan Securities Japan Co., Ltd.
2026-03-18
3.71%
Annual report (as of 2026-03-31): 4.42%
Mizuho Securities Co., Ltd.
2026-03-06
3.84%→2.89%
Goldman Sachs International
2026-03-06
5.26%→3.67%
Goldman Sachs International
2026-02-20
5.26%
Spica Limited
2026-02-06
5.64%→4.19%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Aya NOMURA
2026-02-03
5.97%→4.41%
Spica Limited
2026-02-02
5.64%→4.19%
Aya NOMURA
2026-01-29
7.37%→5.97%
Oasis Management Company Ltd.
2025-12-17
8.50%
Mizuho Securities Co., Ltd.
2025-11-10
4.86%→3.84%
Aya NOMURA
2025-11-05
6.32%→7.37%
Aya NOMURA
2025-10-31
5.31%→6.32%
Aya NOMURA
2025-10-29
5.31%
Mizuho Securities Co., Ltd.
2025-09-22
5.02%→4.86%
ＳＥＮＩＯＲ　ＩＮＴＥＲＮＡＴＩＯＮＡＬ　ＨＯＬＤＩＮＧ（ＳＩＮＧＡＰＯＲＥ）ＰＴＥ．ＬＴＤ．
2025-08-22
—
SENIOR INTERNATIONAL HOLDING (SINGAPORE) PTE. LTD.
2025-08-22
—
SENIOR INTERNATIONAL HOLDING (SINGAPORE) PTE. LTD.
2025-08-21
5.04%→4.04%
Mizuho Securities Co., Ltd.
2025-08-07
4.52%→5.02%
SENIOR INTERNATIONAL HOLDING (SINGAPORE) PTE. LTD.
2025-07-29
5.00%→5.04%
Aya NOMURA
2025-03-27
4.54%→4.77%
Aya NOMURA
2025-03-26
5.56%→4.54%
Aya NOMURA
2025-03-25
6.63%→5.56%
Aya NOMURA
2025-03-21
6.34%→6.63%
Aya NOMURA
2025-03-18
5.26%→6.34%
Aya NOMURA
2025-03-14
5.26%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-07
Large Shareholding Report
View PDF →
EDINET
2026-09-25
Large Shareholding Report
View PDF →
TDnet
2026-08-14
Q1 Earnings Flash
FY ending Dec 2026
View PDF →
EDINET
2026-07-23
Large Shareholding Report
View PDF →
EDINET
2026-07-06
Large Shareholding Report
View PDF →
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
View PDF →
EDINET
2026-06-25
Large Shareholding Report
View PDF →
EDINETAmended
2026-06-25
Change Report
View PDF →
EDINET
2026-06-22
Large Shareholding Report
View PDF →
EDINET
2026-06-16
Large Shareholding Report
View PDF →
EDINET
2026-06-03
Large Shareholding Report
View PDF →
EDINET
2026-05-29
中期経営計画
FY ending Mar 2026
View PDF →
EDINET
2026-05-22
Large Shareholding Report
View PDF →
EDINET
2026-05-20
Large Shareholding Report
View PDF →
EDINET
2026-05-19
Large Shareholding Report
View PDF →
EDINET
2026-05-12
Large Shareholding Report
View PDF →
EDINET
2026-05-12
Large Shareholding Report
View PDF →
EDINET
2026-05-08
Large Shareholding Report
View PDF →
EDINET
2026-04-22
Large Shareholding Report
View PDF →
EDINET
2026-04-20
Large Shareholding Report
View PDF →
EDINET
2026-04-07
Large Shareholding Report
View PDF →
EDINET
2026-04-07
Large Shareholding Report
View PDF →
EDINET
2026-03-23
Large Shareholding Report
View PDF →
EDINET
2026-03-18
Large Shareholding Report
View PDF →
EDINET
2026-03-06
Large Shareholding Report
View PDF →
EDINET
2026-03-06
Large Shareholding Report
View PDF →
EDINET
2026-02-20
Large Shareholding Report
View PDF →
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
View PDF →
EDINETAmended
2026-02-06
Change Report
View PDF →
EDINET
2026-02-03
Large Shareholding Report
View PDF →
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →