Overview
Electric Appliances

ENPLAS CORPORATION

Enplas is a specialized manufacturer of engineering plastics and composite material products, operating across four core segments: Semiconductor (IC test sockets and burn-in sockets), Life Science (microfluidic devices, PCR components, and diagnostic devices), Digital Communication (optical communication devices and LED diffusion lenses), and Energy Saving Solutions (high-precision gears for automotive, OA, and housing equipment). The company offers end-to-end custom plastic solutions encompassing design consultancy, injection molding, prototyping, and mass production for demanding industries including medical, semiconductor, optical communications, and automotive. With over six decades of accumulated engineering expertise, Enplas serves global customers through a broad international manufacturing and sales network spanning Asia, the Americas, and Europe.

Market Cap
¥77.2B
US$492M
EV
¥60.6B
US$386M
Stock¥8,540▼-2.29%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.9
x
LTM EV/EBIT
8.0
x
LTM PER
11.6
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+7.1%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 28, 25Rise following Q2 earnings announcement
2Feb 2, 26Sharp rise on strong Q3 earnings results
3Jul 30, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
77.2BUS$492MMarket Cap1.43BUS$9.11M+ Debt17.1BUS$109M− Cash1.09BUS$6.96M− Inv. Sec.0.11BUS$0.67M+ NCI60.6BUS$386MEV
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Performance & Balance
Revenue 5Y (¥B)
32.9US$210M'22/342.2US$269M'23/337.8US$241M'24/338.1US$243M'25/342.5US$271M'26/3
EBITDA 5Y (¥B)
5.91US$37.7M'22/311.1US$70.6M'23/37.03US$44.8M'24/37.70US$49.1M'25/38.55US$54.6M'26/3
Net Income 5Y (¥B)
2.53US$16.1M'22/34.62US$29.5M'23/33.44US$22.0M'24/33.94US$25.1M'25/35.23US$33.4M'26/3
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
16.9US$108M0.83US$5.29M'22/321.2US$135M1.34US$8.57M'23/325.3US$162M1.73US$11.0M'24/324.8US$158M1.44US$9.17M'25/324.9US$159M1.26US$8.04M'26/3
Shareholders
Top 10 hold 58.8%
1
Daisuke YOKOTA
15.54%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.99%
3
Custody Bank of Japan, Ltd. (Trust Account)
6.19%
4
Mizuho Bank, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
4.81%
5
Saitama Resona Bank, Limited
4.78%
6
Makoto YOKOTA
4.63%
7
ENPLAS Yokota Educational Foundation (Public Interest Incorporated Foundation)
3.32%
8
MORGAN STANLEY & CO. LLC (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
3.21%
9
INTERACTIVE BROKERS LLC (Standing Proxy: Interactive Brokers Securities Japan Inc.)
3.11%
10
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO (Standing Proxy: MUFG Bank, Ltd.)
2.19%
Management
8 officers
Daisuke YOKOTA
Representative Director, President
Aug 1993 Joined the Company Apr 2000 President, ENPLAS (U.S.A.), INC. Apr 2002 Executive Officer; General Manager, Automotive Equipment Business Division (concurrently in charge of Europe and the Americas) Jun 2003 Director of the Company Apr 2004 Director; General Manager, Engineering Plastics Business Division Apr 2006 Managing Director; General Manager, Business Division (concurrently General Manager, Optoplanics Business Division) Apr 2007 Managing Director; General Manager, Business Division Apr 2008 Representative Director, President of the Company (current) Apr 2025 Representative Director, Athletic Garden Golf Club Co., Ltd. (current)
1967-11-04
Satoshi SHIINA
Director
Mar 2003 Joined the Company Apr 2006 Department Head, Sales Department, Engineering Plastics Business Division, Business Division Apr 2009 Department Head, Third Sales Department, Sales Division Apr 2010 Department Head, Sales Department No. 1, Sales Division Apr 2011 Department Head, Global Electronic Equipment Business Group, Business Division Apr 2012 Managing Director, ENPLAS Precision (Thailand) Co., Ltd. Apr 2016 Department Head, LJO Business Group, the Company Apr 2017 Director, QMS Co., Ltd. Apr 2018 Director and Executive Officer, QMS Co., Ltd. Apr 2019 Representative Director, President, QMS Co., Ltd. Apr 2022 Executive Officer, Deputy Head of Business Division, Industry Business Division of the Company; Chairman of the Board, QMS Co., Ltd. Apr 2023 Executive Officer; President, Energy Saving Solutions Company, the Company Apr 2024 Managing Executive Officer; President, Energy Saving Solutions Company, the Company Apr 2025 Senior Managing Executive Officer; Head of Business Division, the Company Jun 2025 Director; Senior Managing Executive Officer; Head of Business Division, the Company Apr 2026 Director; Senior Managing Executive Officer; Head of Finance and Accounting Division; in charge of Administration Division, the Company (current)
1963-08-21
Yoshiya FUJITA
Director
Mar 2003 Joined the Company Apr 2009 Vice President, ENPLAS (U.S.A.), INC. Apr 2013 Center Director, Corporate Center, Corporate Planning and Management Division, the Company Apr 2014 Executive Officer; Center Director, Corporate Center, Corporate Planning and Management Division Apr 2015 Executive Officer; Department Head, Group Financial Office, Corporate Planning and Management Division Apr 2017 Executive Officer; Department Head, Corporate Center, Corporate Planning and Management Division Apr 2019 Executive Officer; General Manager, MSD Business Department, Business Division Jun 2019 Director; Managing Executive Officer; Center Director, Corporate Center Apr 2020 Director; Managing Executive Officer; General Manager, Corporate Planning Division Apr 2022 Director; Managing Executive Officer; General Manager, Corporate Division Apr 2023 Director; Managing Executive Officer; General Manager, Finance and Accounting Division Apr 2025 Director; Managing Executive Officer; General Manager, Corporate Administration Division Apr 2026 Director; Managing Executive Officer; General Manager, Corporate Planning and Management Division (current)
1972-12-24
Takae AKATSUKA
Director
Oct 2000 Joined PricewaterhouseCoopers Tax Office (now PwC Tax Japan) Apr 2004 Registered as Certified Public Accountant Jul 2006 Joined Nikko Citigroup Securities Co., Ltd. (now Citigroup Securities Co., Ltd.) May 2008 Joined Deloitte Tohmatsu FAS Co., Ltd. (now Deloitte Tohmatsu LLC) Feb 2010 Registered as Certified Tax Accountant Oct 2010 General Manager, Business Strategy Promotion Department, Business Strategy Division, Coca-Cola (Japan) Company, Limited Aug 2016 Senior Manager, International Tax Department, Fair Consulting Tax Accountants Corporation Feb 2022 Representative, Premier International Tax Office (current) Jun 2023 Outside Director, Leon Automatic Co., Ltd. (current) Jun 2023 Outside Audit & Supervisory Board Member, Atsugi Co., Ltd. (current) Jun 2024 Director of the Company (current) Mar 2025 Outside Director, Yamabiko Corporation
1970-03-19
Toshimasa IUE
Director (Audit and Supervisory Committee Member)
Apr 1989 Joined Sanyo Electric Co., Ltd. Jun 1996 Director, Sanyo Electric Co., Ltd. Jun 2002 Representative Director, Executive Vice President, Sanyo Electric Co., Ltd. Jun 2005 Representative Director, President, Sanyo Electric Co., Ltd. Jun 2007 Special Advisor, Sanyo Electric Co., Ltd. Feb 2010 Vice President, Executive Officer, LIXIL Group Corporation (now LIXIL Corporation) Apr 2011 Vice President, Executive Officer, LIXIL Corporation Jun 2016 Director, Executive Vice President, LIXIL Group Corporation (now LIXIL Corporation) Jun 2018 Director of the Company Jun 2019 Director (Audit and Supervisory Committee Member) of the Company (current) Aug 2019 Outside Director, TAKARA & COMPANY Inc. (current) Jun 2020 Outside Director (Audit and Supervisory Committee Member), Torishima Pump Mfg. Co., Ltd. Jun 2020 Outside Director, Kameda Seika Co., Ltd. (current) Jun 2022 Outside Director, Torishima Pump Mfg. Co., Ltd.
1962-12-03
Masao HISADA
Director (Audit and Supervisory Committee Member)
Apr 1972 Joined Hitachi, Ltd. Apr 2007 Executive Officer, Hitachi, Ltd. Apr 2010 Representative Executive Officer, Executive Vice President, Hitachi High-Technologies Corporation (now Hitachi High-Tech Corporation) Jun 2010 Representative Executive Officer, Executive Vice President and Director, Hitachi High-Technologies Corporation Apr 2011 Representative Executive Officer, President and Director, Hitachi High-Technologies Corporation Apr 2015 Director and Executive Officer, Hitachi High-Technologies Corporation Jun 2015 Chairman of the Board and Executive Officer, Hitachi High-Technologies Corporation Jun 2017 Adviser, Hitachi High-Technologies Corporation Jun 2019 Honorary Adviser, Hitachi High-Technologies Corporation Jun 2019 Outside Director, Alconix Corporation Jun 2019 Director (Audit and Supervisory Committee Member) of the Company (current)
1948-12-16
Minoru AMO
Director (Audit and Supervisory Committee Member)
Apr 1979 Joined DuPont Far East Japan Branch (now DuPont K.K.) Mar 2000 Director, DuPont K.K. Jul 2005 Regional Director, Asia Pacific, Engineering Polymers Business Division, DuPont; Vice President, DuPont K.K. Sep 2006 President and Representative Director, DuPont K.K. Jan 2013 Chairman and Representative Director, DuPont K.K.; President, DuPont Asia Pacific Ltd. Sep 2014 Honorary Chairman, DuPont K.K. Jun 2015 Outside Director, KITZ Corporation Mar 2016 Retired as Honorary Chairman, DuPont K.K. Mar 2016 Outside Audit & Supervisory Board Member, Otsuka Chemical Co., Ltd. Mar 2019 Outside Director, Otsuka Chemical Co., Ltd. (current) Jun 2021 Director (Audit and Supervisory Committee Member) of the Company (current)
1951-12-09
Shigeo KUTSUZAWA
Director (Audit and Supervisory Committee Member)
Apr 1989 Joined the Company Oct 2010 Department Head, LCD-Related Business Group, Business Division Oct 2011 Department Head, Global LED-Related Business Group, the Company Apr 2012 Representative Director, President, ENPLAS Display Device Corporation Jun 2014 Director of the Company Jun 2015 Managing Executive Officer of the Company Apr 2019 Managing Executive Officer; in charge of China, Business Division Apr 2020 Managing Executive Officer; General Manager, Business Division Apr 2022 Managing Executive Officer; General Manager, Industry Business Division Apr 2023 Managing Executive Officer; President, Display Solution Company Apr 2023 Managing Executive Officer; in charge of Internal Audit Office Jun 2024 Director (Audit and Supervisory Committee Member) of the Company (current)
1966-06-17
Large Shareholding Reports
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-09-24
3.57%→2.51%
Nomura Asset Management Co., Ltd.
2026-07-23
2.87%→3.04%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-07-06
3.57%
NOMURA INTERNATIONAL PLC
2026-06-22
2.91%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-04-21
4.41%→3.31%
Nomura Asset Management Co., Ltd.
2026-02-18
2.15%→2.20%
Nomura Asset Management Co., Ltd.
2026-02-05
2.93%→2.15%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-01-08
5.71%→4.41%
Nomura Asset Management Co., Ltd.
2025-12-19
3.13%→2.93%
Nomura Asset Management Co., Ltd.
2025-11-21
3.10%→3.13%
NOMURA INTERNATIONAL PLC
2025-11-06
0.67%→3.20%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-10-21
4.46%→5.71%
Nomura Asset Management Co., Ltd.
2025-10-06
3.58%→3.91%
NOMURA INTERNATIONAL PLC
2025-09-03
4.77%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-08-06
4.46%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-24
Large Shareholding Report
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-07-06
Large Shareholding Report
EDINET
2026-06-26
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-04-21
Large Shareholding Report
EDINET
2026-02-18
Large Shareholding Report
EDINET
2026-02-05
Large Shareholding Report
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-08
Large Shareholding Report
EDINET
2025-12-19
Large Shareholding Report
EDINET
2025-11-21
Large Shareholding Report
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-11-06
Large Shareholding Report
EDINET
2025-10-21
Large Shareholding Report
EDINET
2025-10-06
Large Shareholding Report
EDINET
2025-09-03
Large Shareholding Report
EDINET
2025-08-06
Large Shareholding Report
TDnet
2025-07-28
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
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
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
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