Overview
Transportation Equipment

WEDS CO.,LTD.

Weds Co., Ltd. is a pioneer Japanese aluminum wheel manufacturer offering a broad lineup of alloy wheels for dress-up, custom, and motorsport applications under multiple brands. The company sells automotive aftermarket parts—including aluminum and steel wheels as well as car accessories—through wholesale and retail channels in Japan and China. Its motorsport presence, including participation in Super GT and endurance racing series, reinforces brand equity and product credibility.

Market Cap
¥10.6B
US$67.5M
EV
¥4.73B
US$30.2M
Stock¥660▲+0.76%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
2.0
x
LTM EV/EBIT
1.6
x
LTM PER
10.6
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.2%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
10.6BUS$67.5MMarket Cap1.41BUS$8.99M+ Debt8.14BUS$51.9M− Cash0.83BUS$5.26M− Inv. Sec.1.70BUS$10.8M+ NCI4.73BUS$30.2MEV
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Performance & Balance
Revenue 5Y (¥B)
34.8US$222M'22/336.5US$233M'23/334.8US$222M'24/335.1US$224M'25/334.5US$220M'26/3
EBITDA 5Y (¥B)
1.90US$12.1M'22/32.85US$18.2M'23/32.34US$14.9M'24/32.63US$16.8M'25/32.35US$15.0M'26/3
Net Income 5Y (¥B)
0.86US$5.50M'22/31.76US$11.2M'23/31.51US$9.60M'24/31.43US$9.12M'25/30.98US$6.22M'26/3
Capital Structure
93%
EquityD/E 0.08xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5.45US$34.8M1.83US$11.7M'22/37.05US$45.0M1.71US$10.9M'23/38.13US$51.8M1.60US$10.2M'24/39.51US$60.6M1.55US$9.88M'25/39.97US$63.6M1.44US$9.20M'26/3
Shareholders
Top 10 hold 54.3%
1
Chuo Seiki Co., Ltd.
38.46%
2
Hekikai Shinkin Bank
3.24%
3
Katsunari ISHIHARA
2.99%
4
Shuji NIIMI
2.05%
5
MUFG Bank, Ltd.
2.02%
6
Sumitomo Mitsui Banking Corporation
1.82%
7
Liu Ho Machinery Co., Ltd. (Standing Proxy: Tokai Tokyo Securities Co., Ltd.)
1.60%
8
Shu IZAWA
0.91%
9
Hirohisa KATO
0.62%
10
HOTMAN Co.,Ltd.
0.62%
Management
11 officers
Junichi ISHIDA
Representative Director, President
Apr 2000 Appointed Manager, Osaka Sales Office, the Company Jun 2001 Appointed Managing Officer, West Japan Block Manager and Manager, Osaka Sales Office, the Company Jul 2005 Appointed Managing Officer, Head of Sales Division and General Manager, Sales Planning Department, the Company Apr 2009 Appointed Executive Officer and General Manager, West Japan Sales Planning Department, the Company Apr 2010 Appointed Executive Officer, General Manager, West Japan Sales Planning Department and Manager, Osaka Sales Office, the Company Jun 2011 Appointed Director, General Manager, West Japan Sales Planning Department and Manager, Osaka Sales Office, the Company Apr 2012 Appointed Director and General Manager, West Japan Sales Planning Department, the Company Apr 2013 Appointed Director and General Manager, Operations Department, the Company Apr 2015 Appointed Director and Head of Operations Division, the Company Jun 2018 Appointed Managing Director and Head of Operations Division, the Company May 2019 Appointed Managing Director, General Manager, Operations Department and General Manager, Systems Department, the Company Jun 2020 Appointed Executive Managing Director, General Manager, Operations Department and General Manager, Systems Department, the Company Jun 2020 Appointed Representative Director, President, Tokyo Sharin Co., Ltd. (current) Jun 2023 Appointed Representative Director, President, the Company, in charge of Operations and General Affairs Departments (current)
1961-12-22
Kenji NAKANO
Director
Oct 2003 Appointed Manager, Niigata Sales Office, the Company Apr 2010 Appointed Manager, Nagoya Sales Office, the Company Apr 2016 Appointed General Manager, Sales Division, the Company Apr 2022 Appointed Executive Officer and General Manager, Sales Division, the Company Jun 2023 Appointed Executive Officer, General Manager, Product Planning Department and Manager, Intellectual Property Office, the Company Jun 2024 Appointed Director, Head of Product Division and Manager, Intellectual Property Office, the Company (current)
1965-02-24
Katsuya ISHIZU
Director
Apr 2012 Appointed Manager, Osaka Sales Office, the Company Apr 2022 Appointed General Manager, Sales Department, the Company Apr 2023 Appointed Executive Officer and General Manager, Sales Department, the Company Jun 2023 Appointed Executive Officer and General Manager, Sales Division, the Company Jun 2024 Appointed Director and Head of Sales Division, the Company (current)
1969-01-31
Tokuhisa KUROYANAGI
Director
Feb 2008 Appointed Manager, Corporate Planning Office, Planning and Administration Department, Chuo Seiki Co., Ltd. Aug 2019 General Manager, Accounting Department, Chuo Seiki Co., Ltd. Apr 2024 Appointed Executive Officer and Adviser, Accounting Department, the Company Jun 2024 Appointed Director, in charge of Accounting Department, the Company Feb 2025 Appointed Director, in charge of Accounting Department and General Manager, Accounting Department, the Company (current)
1965-02-28
Masanori IMAMACHI
Director
Apr 2002 Appointed General Manager, Sales Planning Department, the Company Oct 2003 Appointed General Manager, Sales Planning Department, the Company Apr 2009 Appointed Executive Officer and General Manager, Sales Planning and Overseas Sales Department, the Company Jun 2011 Appointed Director and General Manager, Sales Planning and Overseas Sales Department, the Company Jun 2013 Appointed Managing Director, Baden Co., Ltd. Jun 2014 Appointed Executive Managing Director, Baden Co., Ltd. Jun 2016 Appointed President, Baden Co., Ltd. (current) Jun 2020 Appointed Director, the Company (current)
1963-04-21
Fumihiko ITO
Director
Apr 2010 Appointed Manager, Tokyo East Sales Office, the Company Apr 2022 Appointed Head of Sales Division, the Company Oct 2023 General Manager, Sales Division and Manager, Overseas Sales Office, the Company Jun 2024 Appointed Executive Officer and Head of Overseas Sales Division, the Company (current)
1971-11-06
Katsuya HASEGAWA
Full-time Corporate Auditor
May 1996 Seconded from Maruman Securities Co., Ltd. (now Tokai Tokyo Securities Co., Ltd.) Jun 1998 Joined the Company and appointed Manager, Corporate Planning Office Jul 2005 Appointed General Manager, General Affairs Department Oct 2007 Appointed Manager, Internal Control and Investor Relations Office Apr 2011 Appointed General Manager, General Affairs Department and Manager, Internal Control and Investor Relations Office Jun 2018 Appointed Executive Officer, General Manager, General Affairs Department and Manager, Internal Control and Investor Relations Office Jun 2023 Appointed Full-time Corporate Auditor, the Company (current)
1962-06-19
Osamu USHIO
Director
Apr 2017 Appointed Plant Manager, Tahara Plant, Toyota Motor Corporation Jan 2018 Appointed Full-time Adviser, Chuo Seiki Co., Ltd. Jun 2018 Appointed Director and Vice President, Chuo Seiki Co., Ltd. Jun 2019 Appointed Representative Director, President, Chuo Seiki Co., Ltd. (current) Jun 2021 Appointed Outside Director, the Company (current)
1961-07-19
Osamu NOZAKI
Director
Apr 1991 Joined Kawasaki Tomoo Law Office Apr 1998 Registered as attorney-at-law; joined Kawasaki Tomoo Law Office Apr 2003 Opened Ando & Nozaki Law Office Apr 2010 Opened Hanzomon Sogo Law Office; attorney-at-law at the same office (current) Mediator, Tokyo District Court (current) Jun 2022 Appointed Outside Director, the Company (current)
1959-02-06
Mikito HIRAMATSU
Corporate Auditor
Apr 1986 Joined Chuo Seiki Co., Ltd. Apr 2008 Appointed General Manager, Operations Department, Chuo Seiki Co., Ltd. Feb 2011 Appointed General Manager, Personnel Department, Chuo Seiki Co., Ltd. Aug 2011 Appointed General Manager, Personnel and General Affairs Department, Chuo Seiki Co., Ltd. Apr 2014 Appointed Executive Officer (in charge of Sales and Production Planning Departments), Chuo Seiki Co., Ltd. Jun 2014 Appointed Part-time Corporate Auditor, the Company (current) Jun 2019 Appointed Managing Executive Officer (in charge of Corporate Planning and Sales Departments), Chuo Seiki Co., Ltd. Jun 2021 Appointed Director and Managing Executive Officer (in charge of Corporate Planning and Sales Departments), Chuo Seiki Co., Ltd. Jun 2022 Appointed Director and Managing Executive Officer (in charge of Sales, Corporate Planning Office and Production Planning Departments), Chuo Seiki Co., Ltd. Jun 2023 Appointed Director and Senior Managing Executive Officer (in charge of Administration, Subsidiary Management and Production Planning Departments), Chuo Seiki Co., Ltd. (current) Jun 2026 Appointed Representative Director and Senior Managing Director (Assistant to the President), Chuo Seiki Co., Ltd. (current)
1963-06-05
Masayasu GUNJI
Corporate Auditor
Jul 2007 Representative, Gunji Certified Public Accountant Office (current) Jun 2008 Appointed Representative Director, MAAC Partners Co., Ltd. (current) Jul 2017 Appointed Representative Partner, Aoi Tax Accounting Corporation (current) Apr 2020 Appointed Outside Corporate Auditor, Classico Co., Ltd. (current) Jun 2023 Appointed Part-time Corporate Auditor, the Company (current)
1977-01-13
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-01
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
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-26
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-07
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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