Overview
Wholesale Trade

Hakuto Co.,Ltd.

Hakuto Co., Ltd. is a hybrid enterprise combining an electronics trading company and a chemical manufacturer, distributing electronic components, electronic/electrical equipment, and industrial chemicals both domestically and internationally. The company sources and sells semiconductors, vacuum-related equipment, laser systems, and IoT/AI solutions, while also manufacturing industrial chemicals, cosmetic ingredients, and petroleum/paper pulp-related chemical products. Its competitive strength lies in the synergy between its trading and manufacturing functions, supported by a broad global network spanning Asia, the Americas, and Europe.

Market Cap
¥101B
US$645M
EV
¥131B
US$834M
Stock¥1,791▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
14.1
x
LTM EV/EBIT
17.1
x
LTM PER
17.4
x
LTM PBR
1.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+19.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
101BUS$645MMarket Cap57.7BUS$368M+ Debt20.2BUS$129M− Cash9.56BUS$61.0M− Inv. Sec.1.57BUS$10.0M+ NCI131BUS$834MEV
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Performance & Balance
Revenue 5Y (¥B)
191US$1.22B'22/3234US$1.49B'23/3182US$1.16B'24/3183US$1.17B'25/3181US$1.16B'26/3
EBITDA 5Y (¥B)
8.14US$51.9M'22/313.6US$86.8M'23/38.64US$55.1M'24/39.15US$58.3M'25/37.46US$47.6M'26/3
Net Income 5Y (¥B)
4.97US$31.7M'22/38.93US$56.9M'23/35.18US$33.0M'24/35.13US$32.7M'25/35.01US$31.9M'26/3
Capital Structure
55%
45%
EquityD/E 0.83xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
28.3US$180M33.1US$211M'22/326.0US$166M42.1US$268M'23/324.2US$155M36.5US$233M'24/323.3US$148M35.3US$225M'25/327.5US$175M58.0US$370M'26/3
Shareholders
Top 10 hold 52.9%
1
Takayama International Education Foundation (Public Interest Incorporated Foundation)
22.45%
2
The Master Trust Bank of Japan, Ltd.
6.83%
3
Ichiro TAKAYAMA
5.61%
4
Ken TAKAYAMA
5.61%
5
Ryutaro TAKAYAMA
5.61%
6
Hakuto Co.,Ltd. Employee Stock Ownership Association
2.89%
7
SMBC Trust Bank Ltd.
1.28%
8
Custody Bank of Japan, Ltd.
1.08%
9
JP Morgan Chase Bank 385,781 (Standing Proxy: Mizuho Bank, Ltd.)
0.78%
10
BNYM AS AGT/CLTS NON TREATY JASDEC (Standing Proxy: MUFG Bank, Ltd.)
0.73%
Management
9 officers
Tamaki MIYASHITA
Representative Director, President and Executive Officer; President, System Innovation Company
Apr 2000 Joined the Company Jun 2019 Director, Executive Officer, President, System Products Company; in charge of China-region equipment business promotion Apr 2023 Director, Executive Officer, President, System Products Company; General Manager, Overseas Business Division; Branch Manager, Korea Branch; in charge of China-region equipment business promotion Apr 2024 Representative Director, President and Executive Officer; in charge of Electronics and Electrical Equipment Business Apr 2026 Representative Director, President and Executive Officer; President, System Innovation Company (current)
1971-01-21
Ken EBIHARA
Director, Executive Officer; Unit Manager, Corporate Intelligence Unit; General Manager, Corporate Planning Department; General Manager, Finance Department; Unit Manager, Global Business Unit
Apr 1997 Joined the Company Apr 2013 Director, Hakuto Enterprises Ltd Jun 2015 General Manager, Corporate Planning Department, Corporate Planning Division, the Company Apr 2019 General Manager, Corporate Planning Division and General Manager, Finance Department, the Company Apr 2020 Executive Officer; General Manager, Corporate Planning Division and General Manager, Finance Department, the Company Jun 2023 Director, Executive Officer; General Manager, Corporate Planning Division and General Manager, Finance Department; Deputy General Manager, Overseas Business Division (in charge of overseas management), the Company Apr 2025 Director, Executive Officer; Unit Manager, Corporate Intelligence Unit; General Manager, Finance Department; Unit Manager, Global Business Unit, the Company Apr 2026 Director, Executive Officer; Unit Manager, Corporate Intelligence Unit; General Manager, Corporate Planning Department; General Manager, Finance Department; Unit Manager, Global Business Unit, the Company (current)
1968-12-02
Ichiro TAKAYAMA
Director
Jun 1986 Passed the United States Medical Licensing Examination May 1990 Passed the Japanese National Medical Licensing Examination Jun 1990 Director, the Company Jun 1996 Resigned as Director, the Company Jun 2000 Director, the Company (current)
1958-01-03
Tomohiro MURATA
Outside Director
Apr 1991 Joined Daiwa Securities Co., Ltd. Jul 1994 Joined Daiwa Institute of Research Ltd. Sep 1996 Joined Morgan Stanley Securities Co., Ltd. Feb 2009 Joined Frontier Management Inc. Jun 2015 Outside Director, Yamaichi Electronics Co., Ltd. Jun 2021 Outside Director, the Company (current) Sep 2025 Advisor, Frontier Management Inc. (current) Sep 2025 Representative Director and President, Buhin Daisuki Co., Ltd. (current) Jun 2026 Outside Director, SMC Corporation (scheduled to assume office Jun 2026) Jun 2026 Outside Director, Audit and Supervisory Committee Member, Gunei Chemical Industry Co., Ltd. (scheduled to assume office Jun 2026)
1968-06-17
Shigenori KOYAMA
Director
Apr 1982 Joined Tohoku Metal Industries, Ltd. (now TOKIN Corporation) Jun 2010 Director, Executive Officer, TOKIN Corporation Jun 2011 Director, Senior Managing Executive Officer, TOKIN Corporation Feb 2012 Representative Director, Executive Officer and President, TOKIN Corporation Apr 2017 Executive Vice President, KEMET Corporation Jul 2020 Senior Advisor, TOKIN Corporation Jul 2021 Chairman, TOKIN Science and Technology Foundation (Public Interest Incorporated Foundation) (current) Jun 2022 Outside Director, The 77 Bank, Ltd. (current) Jun 2023 Outside Director, the Company (current)
1957-02-28
Kazuko SHINADA
Director
Apr 1990 Joined The Kyowa Bank, Ltd. (now Resona Bank, Ltd.) Apr 2014 Branch Manager, Nakameguro Branch, Resona Bank, Ltd. Apr 2015 General Manager, Diversity Promotion Office, Human Resources Service Department, Resona Holdings, Inc. Apr 2016 General Manager, Human Resources Development Office, Human Resources Service Department, Resona Holdings, Inc. Apr 2018 Executive Officer in charge of Corporate Communications Department, Resona Holdings, Inc. Apr 2021 Outside Director, Audit and Supervisory Committee Member, Saitama Resona Bank, Ltd. Jun 2026 Outside Director, the Company (current) Jun 2026 Outside Director, Audit and Supervisory Committee Member, Inaba Denki Sangyo Co., Ltd. (scheduled to assume office Jun 2026)
1967-04-12
Katsumi ISHIKAWA
Full-time Audit and Supervisory Committee Member
Apr 1986 Joined Ishikawajima-Harima Heavy Industries Co., Ltd. (now IHI Corporation) Apr 2006 General Manager, Legal Group, General Affairs Department, IHI Corporation Jun 2006 Part-time Director, Chiba Soko Co., Ltd. Apr 2017 General Manager, Legal Department, IHI Corporation Apr 2020 General Manager, Legal Department, Corporate Management Division, the Company (now General Manager, Legal Department, ESG Management Promotion Unit) Apr 2026 Secretariat, Audit and Supervisory Committee, the Company Jun 2026 Director, Audit and Supervisory Committee Member, the Company (current)
1963-08-25
Keiji OKANAN
Audit and Supervisory Committee Member (Outside Director)
Apr 1979 Joined the National Tax Agency Jul 1999 Director, Investigation and Inspection Department, Sapporo Regional Taxation Bureau Jul 2006 Director, Deliberation Office, National Tax Agency Jul 2008 General Manager, General Affairs Department, Osaka Regional Taxation Bureau Jul 2011 Commissioner, Fukuoka Regional Taxation Bureau Jun 2012 Director, Collection Department, National Tax Agency Sep 2013 Managing Director, Japan Distilled Spirits Manufacturers Association (current) Jun 2019 Outside Corporate Auditor, the Company Jun 2020 Outside Director, Audit and Supervisory Committee Member, the Company (current)
1957-01-13
Junko KATO
Audit and Supervisory Committee Member (Outside Director)
Apr 1997 Joined Seiko Denshi Kogyo Co., Ltd. (now Seiko Instruments Inc.) Sep 2007 Passed the Japanese Bar Examination Dec 2008 Completed training at the Legal Training and Research Institute Dec 2008 Registered as attorney-at-law (current) Dec 2008 Joined Anzai Law Office Apr 2017 Joined Watanabe Gaku Law Office (current) Jun 2022 Outside Director, Audit and Supervisory Committee Member, the Company (current) Jun 2026 Outside Director, Audit and Supervisory Committee Member, Yashima Kizai Co., Ltd. (scheduled to assume office Jun 2026)
1974-12-03
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-12
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-06-23
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2026-06-23
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2026-06-23
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-06-23
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2026-06-23
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINET
2026-05-19
Securities Registration Statement
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-30
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINETAmended
2022-02-09
Amended Securities Registration Statement
EDINET
2022-01-31
Securities Registration Statement
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
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