Overview
Electric Appliances

Mitsui High-tec,Inc.

Mitsui High-tec is a precision manufacturing company specializing in three core product segments: lead frames for semiconductors (being the world's first company to produce lead frames via precision die stamping), motor cores for electric motors, and precision dies/molds along with surface grinding machines. The company serves global markets in semiconductors, consumer electronics, and electric vehicles, leveraging proprietary ultra-precision processing and advanced precision die technologies. Its vertically integrated capabilities—from die/mold development through stamping production—provide a competitive edge in quality and customization for automotive electrification and semiconductor customers worldwide.

Market Cap
¥148B
US$944M
EV
¥188B
US$1.20B
Stock¥811▼-1.22%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
5.9
x
LTM EV/EBIT
10.4
x
LTM PER
16.6
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.4%pt
100123
Oct 23, 25 – Oct 23, 26StockTOPIX
1Mar 12, 26FY results: Operating profit -21.0% YoY miss
2Jun 15, 26Q1 FY2027/01 earnings announced
3Sep 10, 26FY27/1 guidance raised: H1 operating profit +86.2% YoY, full-year forecast up to ¥19.5bn from ¥14.5bn
MC → EV Bridge
148BUS$944MMarket Cap95.5BUS$608M+ Debt53.5BUS$341M− Cash2.23BUS$14.2M− Inv. Sec.0.33BUS$2.11M+ NCI188BUS$1.20BEV
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Performance & Balance
Revenue 5Y (¥B)
139US$888M'22/1175US$1.11B'23/1196US$1.25B'24/1215US$1.37B'25/1218US$1.39B'26/1
EBITDA 5Y (¥B)
23.6US$150M'22/132.1US$205M'23/129.7US$189M'24/130.5US$194M'25/126.0US$166M'26/1
Net Income 5Y (¥B)
11.8US$75.0M'22/117.6US$112M'23/115.5US$99.0M'24/112.2US$77.8M'25/13.15US$20.1M'26/1
Capital Structure
57%
43%
EquityD/E 0.77xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
23.8US$151M48.9US$311M'22/130.1US$191M51.0US$325M'23/140.7US$259M62.5US$398M'24/145.9US$292M76.4US$486M'25/150.0US$319M87.3US$556M'26/1
Shareholders
Top 10 hold 60.4%
1
Mitsui Create Co., Ltd.
32.66%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
5.76%
3
The Bank of Fukuoka, Ltd.
4.24%
4
Mitsui Die & Mold Promotion Foundation (Public Interest Incorporated Foundation)
3.96%
5
Yasunari MITSUI
3.18%
6
Kozo MITSUI
2.61%
7
TOYOTA MOTOR CORPORATION
2.55%
8
Custody Bank of Japan, Ltd. (Trust Account)
2.03%
9
Nippon Life Insurance Company
1.74%
10
State Street Bank and Trust Company 505223 (Standing Proxy: Mizuho Bank, Ltd.)
1.71%
Management
15 officers
Yasunari MITSUI
Representative Director, President
Apr 1993 Joined the Company Apr 2000 Director Apr 2002 Senior Executive Officer Feb 2003 Managing Executive Officer Apr 2005 Managing Director Apr 2006 Representative Director, Executive Vice President Jun 2007 Representative Director, President, Mitsui Create Co., Ltd. (current) Apr 2010 Representative Director, President, the Company (current)
1968-11-17
Kozo MITSUI
Managing Director, General Manager of Motor Core Business Division
Apr 1996 Joined Mitsui & Co., Ltd. Oct 2012 Seconded to Bangkok Eastern Coil Center Co., Ltd. as Director and Executive Vice President Nov 2013 Director, Mitsui Create Co., Ltd. (current) Apr 2018 Seconded to Mitsui & Co. Steel Ltd., General Manager, Domestic Business Administration Division Apr 2019 Joined the Company; Director, General Manager of Administration Division Apr 2020 Managing Director (current) Apr 2022 General Manager of Corporate Planning Division Feb 2024 General Manager of Motor Core Business Division (current)
1971-12-03
Toshiaki KUSANO
Director, General Manager of Quality Assurance Division
Apr 1981 Joined the Company Feb 2002 General Manager, IC Business Department, Electronics Business Division Apr 2002 Executive Officer May 2006 President, Mitsui High-tec (Singapore) Pte. Ltd. Feb 2016 Deputy General Manager, Lead Frame Business Division, the Company Apr 2016 Director (current) Sep 2017 General Manager of Lead Frame Business Division Feb 2019 General Manager of Quality Assurance Division (current)
1956-10-17
Tomomi FUNAGOSHI
Director, General Manager of Administration Division
Apr 1990 Joined the Company Feb 2005 President, Mitsui High-tec (Taiwan) Co., Ltd. Sep 2017 Executive Officer, General Manager of Quality Assurance Control Division, the Company Jun 2018 General Manager, Stamping Business Department, Lead Frame Business Division Feb 2019 General Manager of Lead Frame Business Division Apr 2019 Director (current) Feb 2024 General Manager of Administration Division (current)
1966-01-07
Masahide KYO
Director, General Manager of Technology Division
Apr 1985 Joined the Company Mar 2015 President, Mitsui High-Tech (Shanghai) Co., Ltd. Nov 2020 Executive Officer, Deputy General Manager of Motor Core Business Division, the Company Apr 2021 Director, General Manager of Motor Core Business Division (current) Feb 2024 General Manager of Technology Division (current)
1960-01-23
Takashi SHIMIZU
Director, General Manager of Lead Frame Business Division
Apr 1984 Joined the Company Apr 2022 General Manager, Business Planning Division, Lead Frame Business Division Feb 2024 General Manager of Lead Frame Business Division (current) Apr 2024 Director (current)
1965-04-09
Masahiro IZUMI
Director, General Manager of Die & Mold Business Division
Apr 1989 Joined the Company Feb 2018 General Manager, Die & Mold Business Department, Die & Mold Business Division Feb 2024 General Manager of Die & Mold Business Division (current) Apr 2024 Director (current)
1969-02-28
Masakiyo UIKE
Director, General Manager of Corporate Planning Division
Apr 1993 Joined Kitakyushu Coca-Cola Bottling Co., Ltd. (now Coca-Cola Bottlers Japan Holdings Inc.) Jan 2018 Senior Group General Manager, Finance Division Controllers, Coca-Cola Bottlers Japan Holdings Inc. Jan 2020 Joined the Company Apr 2021 General Manager of Finance Management Department, Administration Division Feb 2024 General Manager of Corporate Planning Division (current) Apr 2024 Director (current)
1969-05-15
Chiaki KUBOTA
Director, Full-time Audit and Supervisory Committee Member
Apr 1983 Joined the Company Nov 2012 General Manager of Finance Management Department, Administration Division Jun 2018 Executive Officer Apr 2021 Full-time Corporate Auditor Apr 2022 Director, Full-time Audit and Supervisory Committee Member (current)
1959-09-24
Hiroyuki SHIRAKAWA
Director, Full-time Audit and Supervisory Committee Member
Apr 1981 Joined the Company Apr 2002 Executive Officer Feb 2005 General Manager, Corporate Planning Department Aug 2011 Deputy General Manager of Administration Division Apr 2012 Director, General Manager of Administration Division Apr 2019 Full-time Corporate Auditor Apr 2022 Director, Full-time Audit and Supervisory Committee Member (current)
1958-08-09
Tatsuya MOTODA
Outside Director, Audit and Supervisory Committee Member
May 1993 Joined Andersen Consulting (now Accenture Japan Ltd.) Sep 1999 Joined Tsuji Accounting Office (CPA) (now Tsuji Hongo Tax Corporation) Sep 2005 General Manager, Operations Division Apr 2007 General Manager, International Tax Division Oct 2008 Registered as Certified Tax Accountant Apr 2014 Head, Motoda Accounting Office (current) Mar 2022 Outside Director, Audit and Supervisory Committee Member, Global Information, Inc. (current) Apr 2022 Outside Director, Audit and Supervisory Committee Member, the Company (current)
1969-09-09
Yoko MAEDA
Outside Director, Audit and Supervisory Committee Member
Oct 2003 Registered as Attorney-at-law Oct 2003 Joined Nishimura & Asahi Jul 2010 Joined Debevoise & Plimpton LLP (New York, U.S.) Mar 2011 Registered as Attorney-at-law in New York State, U.S. Jan 2012 Worked at Singapore International Arbitration Centre (Singapore) Jul 2015 Joined City-Yuwa Partners (current) Apr 2021 Outside Director, the Company Apr 2022 Outside Director, Audit and Supervisory Committee Member (current)
1978-10-17
Tomoyuki FUKUMOTO
Outside Director, Audit and Supervisory Committee Member
Apr 1989 Joined Bank of Japan Sep 2015 General Manager, Kitakyushu Branch Jan 2020 Director-General, International Department Apr 2021 Professor, Faculty of Economics, Osaka University of Economics (current) May 2021 Senior Fellow, IGPI Co., Ltd. (current) Apr 2022 Outside Director, Audit and Supervisory Committee Member, the Company (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, Nanto Bank, Ltd. (current)
1966-11-23
Shu SHIBATA
Outside Director, Audit and Supervisory Committee Member
Apr 1984 Joined Mitsubishi Metals Corporation (now Mitsubishi Materials Corporation) Jun 2018 Representative Director, Managing Executive Officer, General Manager of Governance Division Apr 2019 Director, Managing Executive Officer, General Manager of Management Strategy Division Jun 2019 Director, Managing Executive Officer, General Manager of Management Strategy Division Apr 2020 Director, Managing Executive Officer, CFO (Chief Financial Officer), General Manager of Management Strategy Division Apr 2021 Director, Managing Executive Officer Jun 2021 Managing Executive Officer Oct 2022 Managing Executive Officer, CDO (Chief Digital Officer) Apr 2023 Managing Executive Officer, CTO (Chief Technical Officer), CDO Jun 2023 Director, Representative Managing Executive Officer, CTO, CDO Apr 2024 Director, Representative Managing Executive Officer, CTO Apr 2025 Director Jun 2025 Senior Advisor (current) Mar 2026 Outside Director, Mabuchi Motor Co., Ltd. (current)
1961-07-08
Ritsuko WATANABE
Outside Director, Audit and Supervisory Committee Member
Nov 2000 Joined Chuo Aoyama PricewaterhouseCoopers Jun 2005 Registered as Certified Public Accountant Jul 2007 Joined Taiyo ASG Audit Corporation (now Taiyo LLC) Oct 2013 Seconded to Grant Thornton UK LLP Jul 2017 Partner, Taiyo LLC Jan 2023 Seconded to Grant Thornton Singapore Pte Ltd Nov 2025 Representative Director, Happy Dots Company, Inc. (current)
1971-01-19
Large Shareholding Reports
Nomura Asset Management Co., Ltd.
2026-03-06
4.95%→3.52%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-09
Semi-Annual Securities Report
Period: Feb 2026 – Jan 2027
TDnet
2026-09-09
Q2 Earnings Flash
FY ending Jan 2027
TDnet
2026-06-12
Q1 Earnings Flash
FY ending Jan 2027
EDINET
2026-04-17
Annual Securities Report
Period: Feb 2025 – Jan 2026
EDINET
2026-03-06
Large Shareholding Report
TDnet
2025-12-11
Q3 Earnings Flash
FY ending Jan 2026
EDINET
2025-09-09
Semi-Annual Securities Report
Period: Feb 2025 – Jan 2026
TDnet
2025-06-13
Q1 Earnings Flash
FY ending Jan 2026
EDINET
2025-04-21
Annual Securities Report
Period: Feb 2024 – Jan 2025
TDnet
2024-12-12
Q3 Earnings Flash
FY ending Jan 2025
EDINET
2024-09-10
Semi-Annual Securities Report
Period: Feb 2024 – Jan 2025
EDINET
2024-06-14
Quarterly Securities Report
Period: Feb 2024 – Apr 2024
TDnet
2024-06-14
Q1 Earnings Flash
FY ending Jan 2025
EDINET
2024-04-22
Annual Securities Report
Period: Feb 2023 – Jan 2024
EDINET
2023-12-13
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-09-12
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-06-14
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-04-24
Annual Securities Report
Period: Feb 2022 – Jan 2023
EDINET
2022-12-09
Quarterly Securities Report
EDINET
2022-09-13
Quarterly Securities Report
EDINET
2022-06-10
Quarterly Securities Report
EDINET
2022-04-25
Annual Securities Report
EDINET
2021-12-10
Quarterly Securities Report
EDINET
2021-09-10
Quarterly Securities Report
EDINET
2021-06-11
Quarterly Securities Report
EDINET
2021-04-26
Annual Securities Report
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