Overview
Transportation Equipment

EIKEN INDUSTRIES CO.,LTD

Eiken Kogyo operates two primary business segments: a Filter Division and a Combustion Equipment Division. The Filter Division focuses on the manufacturing and sales of automotive filters (VIC brand industrial filters), while the Combustion Equipment Division handles the manufacturing and sales of gas appliances. The company has recently expanded into consumer lifestyle products, including the launch of a portable 'Garage Sauna' product line targeting outdoor and residential markets.

Market Cap
¥3.23B
US$20.6M
EV
¥1.22B
US$7.76M
Stock¥3,135▲+0.97%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.4
x
LTM EV/EBIT
4.9
x
LTM PER
15.5
x
LTM PBR
0.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-40.6%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 30, 25Disappointing Q2 earnings sell-off
MC → EV Bridge
3.23BUS$20.6MMarket Cap0.47BUS$2.99M+ Debt2.04BUS$13.0M− Cash0.45BUS$2.84M− Inv. Sec.1.22BUS$7.76MEV
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Performance & Balance
Revenue 5Y (¥B)
6.80US$43.4M'21/106.95US$44.3M'22/106.80US$43.3M'23/107.28US$46.5M'24/108.10US$51.7M'25/10
EBITDA 5Y (¥B)
0.83US$5.29M'21/100.61US$3.86M'22/100.38US$2.40M'23/100.53US$3.39M'24/100.65US$4.14M'25/10
Net Income 5Y (¥B)
0.42US$2.70M'21/100.27US$1.75M'22/100.14US$0.86M'23/100.22US$1.38M'24/100.33US$2.08M'25/10
Capital Structure
93%
EquityD/E 0.08xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1.76US$11.2M0.54US$3.45M'21/101.70US$10.9M0.48US$3.09M'22/101.69US$10.8M0.48US$3.06M'23/101.89US$12.0M0.47US$3.02M'24/102.31US$14.8M0.47US$2.99M'25/10
Shareholders
Top 10 hold 51.7%
1
Ikumi Kikaku Co., Ltd.
14.57%
2
Yukiko ISHIDA
6.71%
3
Mariko YASUIKE
6.69%
4
Sayuri SHIMIZU
6.61%
5
EIKEN INDUSTRIES CO.,LTD Business Partners' Stock Ownership Association
3.79%
6
The Shizuoka Bank, Ltd. (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
3.30%
7
Hatsue HOSHIBA
3.11%
8
Yoshimitsu HAYAMA
3.03%
9
Shimada Kakegawa Shinkin Bank
1.94%
10
Kaoru KONO
1.93%
Management
12 officers
Tomohiro MIYAJI
Representative Director, President
Mar 2018 Joined the Company Nov 2019 General Manager, Trade Department Jan 2021 Director, General Manager, Trade Department May 2023 Senior Managing Director, General Manager, Trade Department and Sales Department Jan 2024 Director and Vice President, General Manager, Trade Department and Sales Department Jan 2025 Representative Director, President (current)
1970-11-03
Eiji SAKURAI
Senior Managing Director, General Manager, General Affairs Department
Mar 1995 Joined the Company May 2016 General Manager, General Affairs Department Jan 2018 Director, General Manager, General Affairs Department Jan 2025 Senior Managing Director, General Manager, General Affairs Department (current)
1973-04-11
Yutaka HARA
Director, General Manager, Manufacturing Department No. 1 and Production Engineering Department
Nov 1998 Joined the Company Nov 2017 General Manager, General Management Department Jan 2019 Director, General Manager, General Management Department Nov 2023 Director, General Manager, Quality Assurance Department and Production Engineering Department Nov 2024 Director, General Manager, Manufacturing Department No. 1 and Production Engineering Department (current)
1972-05-12
Takashi SUDO
Director, General Manager, Equipment Business Division and Purchasing Department
Mar 1995 Joined the Company May 2015 General Manager, Manufacturing Department No. 1 Jan 2021 Director, General Manager, Manufacturing Department No. 1 May 2022 Director, General Manager, Manufacturing Department No. 1 and Equipment Business Division Nov 2023 Director, General Manager, Manufacturing Department No. 1 and General Management Department Nov 2024 Director, General Manager, Equipment Business Division and Purchasing Department (current)
1972-12-10
Seiro HARA
Director, General Manager, Quality Assurance Department and Development Engineering Department
Oct 2007 Joined the Company May 2019 General Manager, Development Engineering Department Jan 2022 Director, General Manager, Development Engineering Department Nov 2023 Director, General Manager, Development Engineering Department and Equipment Business Division Nov 2024 Director, General Manager, Quality Assurance Department and Development Engineering Department (current)
1970-09-29
Takahiro YAMAGUCHI
Director, General Manager, Manufacturing Department No. 2
Jun 1998 Joined the Company May 2017 General Manager, Production Engineering Department Nov 2023 General Manager, Manufacturing Department No. 2 Jan 2024 Director, General Manager, Manufacturing Department No. 2 (current)
1974-08-18
Haruki TAKAMIYA
Director
Oct 1997 Joined Tohmatsu & Co. (currently Deloitte Touche Tohmatsu LLC) Oct 2011 Office Head, Takamiya Haruki Certified Public Accountant and Tax Accountant Office (current) Jan 2015 Director of the Company (current)
1972-04-09
Fumiaki IKEDA
Full-time Audit and Supervisory Board Member
Mar 1985 Joined the Company Feb 2004 General Manager, General Affairs Department Jan 2005 Director, General Manager, General Affairs Department May 2006 Director, General Manager, Management Planning Office May 2013 Senior Managing Director, Factory Manager and General Manager, General Affairs Department May 2016 Senior Managing Director Jan 2024 Audit and Supervisory Board Member of the Company (current)
1957-10-10
Masatoshi YASUIKE
Audit and Supervisory Board Member
Apr 1987 Joined Shizuoka Yaizu Shinkin Bank (formerly Shizuoka Shinkin Bank) Oct 2013 Representative Director, Shoei Arest Co., Ltd. (current) Apr 2020 Deputy General Manager, First Loan Department, Shizuoka Yaizu Shinkin Bank Jul 2021 Deputy General Manager, Loan Department, Shizuoka Yaizu Shinkin Bank Jan 2026 Audit and Supervisory Board Member of the Company (current)
1964-06-15
Itsuo FUJITA
Director
Apr 1977 Joined Kawai Musical Instruments Mfg. Co., Ltd. Feb 2007 General Manager, Manufacturing Management Department, Piano Business Division, Kawai Musical Instruments Mfg. Co., Ltd. Nov 2014 Contract Staff, Manufacturing Planning and Promotion Office, Piano Business Division, Kawai Musical Instruments Mfg. Co., Ltd. Jan 2018 Audit and Supervisory Board Member of the Company Jan 2024 Director of the Company (current)
1953-10-26
Hiroshi ATSUMI
Audit and Supervisory Board Member
Apr 1976 Joined Enshu Shinkin Bank Jun 2011 Director, Enshu Shinkin Bank Jun 2013 Managing Director, Enshu Shinkin Bank May 2015 Representative Director, Enshin Capital Co., Ltd.; Director, Enshin Credit Guarantee Co., Ltd. Jun 2016 Audit and Supervisory Board Member, Enshin Total Service Co., Ltd. Jan 2017 Audit and Supervisory Board Member of the Company (current)
1953-11-22
Wataru HIRONO
Audit and Supervisory Board Member
Apr 1981 Joined Enshu Shinkin Bank Jun 2014 Executive Officer, Enshu Shinkin Bank Jun 2016 Full-time Director, Enshu Shinkin Bank Jun 2017 Full-time Auditor, Enshu Shinkin Bank Jan 2024 Audit and Supervisory Board Member of the Company (current)
1958-06-11
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-04
Q3 Earnings Flash
FY ending Oct 2026
EDINET
2026-06-12
Semi-Annual Securities Report
Period: Nov 2025 – Oct 2026
TDnet
2026-03-03
Q1 Earnings Flash
FY ending Oct 2026
EDINET
2026-01-26
Annual Securities Report
Period: Nov 2024 – Oct 2025
TDnet
2025-09-08
Q3 Earnings Flash
FY ending Oct 2025
EDINET
2025-06-13
Semi-Annual Securities Report
Period: Nov 2024 – Oct 2025
TDnet
2025-03-04
Q1 Earnings Flash
FY ending Oct 2025
EDINET
2025-01-28
Annual Securities Report
Period: Nov 2023 – Oct 2024
EDINET
2024-06-13
Quarterly Securities Report
Period: Feb 2024 – Apr 2024
EDINET
2024-03-14
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2024-01-26
Annual Securities Report
Period: Nov 2022 – Oct 2023
EDINET
2023-09-13
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-06-13
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-03-15
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINETAmended
2023-01-27
Amended Annual Securities Report
Period: Nov 2021 – Oct 2022
EDINET
2023-01-27
Annual Securities Report
Period: Nov 2021 – Oct 2022
EDINET
2022-09-13
Quarterly Securities Report
EDINET
2022-06-13
Quarterly Securities Report
EDINET
2022-03-15
Quarterly Securities Report
EDINET
2022-01-27
Annual Securities Report
EDINET
2021-09-13
Quarterly Securities Report
EDINETAmended
2021-06-11
Amended Quarterly Securities Report
EDINET
2021-06-11
Quarterly Securities Report
EDINET
2021-03-15
Quarterly Securities Report
EDINET
2021-01-27
Annual Securities Report
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