Overview
Electric Appliances

PULSTEC INDUSTRIAL CO.,LTD.

Pulstec Industrial develops and manufactures advanced electronic and optical measurement instruments, with core products including portable X-ray residual stress measurement devices, 3D scanners, and various measurement/control/data processing equipment. The company also engages in contract development and manufacturing of healthcare and medical-related devices, as well as providing measurement services and equipment rental. Leveraging proprietary expertise in electronics, precision mechanics, and optical technologies, Pulstec serves industrial and research customers in Japan and the United States.

Market Cap
¥2.90B
US$18.5M
EV
¥0.78B
US$4.96M
Stock¥2,122▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
1.8
x
LTM EV/EBIT
2.3
x
LTM PER
10.3
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.7%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2.90BUS$18.5MMarket Cap0.00BUS$0.00M+ Debt2.06BUS$13.1M− Cash0.07BUS$0.43M− Inv. Sec.0.78BUS$4.96MEV
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Performance & Balance
Revenue 5Y (¥B)
2.45US$15.6M'22/32.45US$15.6M'23/32.61US$16.7M'24/32.49US$15.9M'25/32.55US$16.3M'26/3
EBITDA 5Y (¥B)
0.38US$2.44M'22/30.36US$2.30M'23/30.42US$2.67M'24/30.39US$2.52M'25/30.45US$2.86M'26/3
Net Income 5Y (¥B)
0.34US$2.17M'22/30.24US$1.54M'23/30.33US$2.09M'24/30.36US$2.26M'25/30.29US$1.82M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.32US$14.8M0.17US$1.11M'22/31.97US$12.6M0.06US$0.41M'23/32.35US$15.0M0.01US$0.09M'24/32.01US$12.8M0.00US$0.02M'25/32.23US$14.2M'26/3
Shareholders
Top 10 hold 36.4%
1
Kunio TSUBOI
9.26%
2
Katsumi ITO
8.41%
3
Hiroaki TSUBOI
2.70%
4
Yukihiro SUZUKI
2.70%
5
Sintokogio,Ltd.
2.64%
6
Ueda Yagi Tanshi Co., Ltd.
2.51%
7
Masanori TAKEUCHI
2.45%
8
Tetsuo YASUDA
2.24%
9
Nobuaki TSUBOI
1.83%
10
Shigeru SAKAKURA
1.67%
Management
7 officers
Yoshiyuki AONO
Representative Director, President
Aug 1998: Joined the Company Apr 2009: Optical Disc Category Owner of the Company Apr 2010: General Manager, First Technology Department of the Company Nov 2011: General Manager, Technology Department of the Company Jun 2012: Director, General Manager of Technology Department of the Company Apr 2018: Director, General Manager of Sales Department of the Company Apr 2023: Director, General Manager of First Technology Department of the Company Apr 2024: Representative Director, President of the Company (current) Apr 2025: Representative Director, President of Pulstec USA, Inc. (current)
1970-05-16
Takashi KUDO
Director, General Manager of Administration Department and in charge of IR
Apr 1997: Joined the Company Nov 2011: General Manager, Management Planning Department of the Company Apr 2012: General Manager, Administration Department of the Company Jun 2017: Director, General Manager of Administration Department and in charge of IR of the Company (current)
1975-01-13
Naoki NISHIJIMA
Director, General Manager of Technology Division
Sep 1992: Joined the Company Apr 2017: General Manager, Business Promotion Office of the Company Apr 2023: General Manager, Second Technology Department of the Company Jun 2023: Director, General Manager of Second Technology Department of the Company Apr 2024: Director, General Manager of Technology Department of the Company Apr 2025: Director, General Manager of Technology Division of the Company (current)
1968-12-22
Eiji OKAMOTO
Director
Dec 2009: Registered as Attorney-at-Law Dec 2009: Joined Hamamatsu Sogo Law Office Dec 2012: Joined Hamamatsu Kyodo Law Office (current) Jun 2016: Audit & Supervisory Board Member of the Company Jun 2025: Director of the Company (current)
1983-04-20
Shigetoshi SUZUKI
Full-time Audit & Supervisory Board Member
Aug 1995: Joined the Company Apr 2021: General Manager, Internal Audit Office of the Company Apr 2024: Assigned to President's Office of the Company Jun 2024: Full-time Audit & Supervisory Board Member of the Company (current)
1964-09-27
Naoki KATADA
Audit & Supervisory Board Member
Dec 2005: Joined Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Jun 2008: Registered as Certified Public Accountant Apr 2016: Representative, Katada Accounting Office (current) Jun 2016: Audit & Supervisory Board Member of the Company (current)
1978-05-08
Tae KAWASHIMA
Audit & Supervisory Board Member
Sep 2007: Registered as Attorney-at-Law Sep 2007: Joined Oishi Yasutomo Law Office Aug 2014: Representative, Tae Kawashima Law Office (current) Jun 2022: Outside Director, Tenryu Saw Works Co., Ltd. (current) Jun 2024: Outside Director, Audit and Supervisory Committee Member, F.C.C. CO., LTD. (current) Jun 2025: Audit & Supervisory Board Member of the Company (current)
1979-04-22
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-07
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-09
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-08
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-21
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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