Overview
Other Products

REGAL CORPORATION

Regal Corporation is a leading Japanese footwear company engaged in the manufacturing, wholesale, and retail sales of shoes under brands including REGAL and KENFORD. The company operates directly managed retail stores across Japan and sells through department stores and specialty retailers, offering a broad range of men's, women's, and children's footwear including business, casual, and functional shoes. Its competitive strengths lie in its vertically integrated operations—from domestic manufacturing to retail—and its strong brand recognition in the Japanese quality footwear market.

Market Cap
¥6.12B
US$39.0M
EV
¥6.44B
US$41.1M
Stock¥2,052▼-0.77%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
54.1
x
LTM PBR
0.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-36.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
6.12BUS$39.0MMarket Cap9.50BUS$60.6M+ Debt3.55BUS$22.7M− Cash5.62BUS$35.8M− Inv. Sec.6.44BUS$41.1MEV
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Performance & Balance
Revenue 5Y (¥B)
20.8US$133M'22/322.6US$144M'23/323.7US$151M'24/323.6US$150M'25/322.8US$146M'26/3
EBITDA 5Y (¥B)
0.39US$2.48M'22/30.54US$3.47M'23/30.89US$5.65M'24/30.81US$5.18M'25/30.12US$0.78M'26/3
Net Income 5Y (¥B)
0.14US$0.88M'22/30.49US$3.13M'23/30.43US$2.72M'24/30.70US$4.46M'25/30.24US$1.56M'26/3
Capital Structure
58%
42%
EquityD/E 0.71xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
10.4US$66.2M11.4US$72.7M'22/39.27US$59.1M10.5US$67.3M'23/39.02US$57.5M10.6US$67.5M'24/37.59US$48.4M9.30US$59.3M'25/39.09US$58.0M9.69US$61.8M'26/3
Shareholders
Top 10 hold 38.3%
1
Nippi,Incorporated
13.49%
2
Heiwa Corporation
5.33%
3
Chuo Tatemono Co., Ltd.
3.62%
4
WA,Inc.
3.35%
5
REGAL CORPORATION Business Partners' Stock Ownership Association
3.18%
6
Mizuho Trust & Banking Co., Ltd.
2.30%
7
Mitsuwa Sangyo Co., Ltd.
1.98%
8
The Shoko Chukin Bank, Ltd.
1.84%
9
Aeon Business House Co., Ltd.
1.68%
10
Custody Bank of Japan, Ltd. (Money Trust Taxable Account)
1.52%
Management
9 officers
Genichi AONO
Representative Director, President; Head of Product Strategy Headquarters
Apr 1984 Joined the Company Apr 2008 General Manager, Gentlemen's Sales Department Apr 2011 Deputy Head of Sales Headquarters; General Manager, Gentlemen's Sales Department Apr 2014 Deputy Head of Sales Headquarters; General Manager, Product Planning Department 1 Apr 2019 Deputy Head of Sales Headquarters Apr 2020 Head of Sales Headquarters Jun 2020 Director; Head of Sales Headquarters Apr 2024 Representative Director, President Apr 2026 Representative Director, President; Head of Product Strategy Headquarters (current)
1962-03-18
Hirokimi SHIRASAKI
Managing Director; in charge of Corporate Strategy Headquarters
Apr 1982 Joined the Company Apr 2008 General Manager, Business Management Department Apr 2012 General Manager, Human Resources and General Affairs Department Jun 2019 Corporate Auditor Jun 2021 Director; Deputy Head of Administration Headquarters Apr 2024 Director; Head of Administration Headquarters Jun 2024 Managing Director; Head of Administration Headquarters Apr 2025 Managing Director; in charge of Administration Headquarters Apr 2026 Managing Director; in charge of Corporate Strategy Headquarters (current)
1960-02-22
Keizo MIYATA
Director; Head of Business Strategy Headquarters
Apr 1988 Joined the Company Apr 2022 General Manager, Management Planning Office Apr 2024 Executive Officer; Deputy Head of Procurement Headquarters Apr 2025 Executive Officer; Head of Procurement Headquarters Apr 2026 Executive Officer; Head of Business Strategy Headquarters (current) Jun 2026 Director; Head of Business Strategy Headquarters (scheduled to assume office)
1964-12-02
Isao IWATA
Director
Apr 1982 Joined Sanyo Shokai Ltd. Mar 2013 Director and Executive Officer, Sanyo Shokai Ltd. Apr 2014 Director and Managing Executive Officer, Sanyo Shokai Ltd. Jan 2017 Representative Director, President and Chief Executive Officer, Sanyo Shokai Ltd. Jan 2020 Director, Sanyo Shokai Ltd. Jun 2021 Outside Director, Seaborn Co., Ltd. (current) Jun 2022 Outside Corporate Auditor, Nippon Felt Co., Ltd. (current) Jun 2026 Director of the Company (scheduled to assume office)
1959-03-14
Nanako SADASUE
Director
Apr 1995 Joined Shonan Shinkin Bank Jan 1998 Joined Makers Shirt Kamakura Co., Ltd. Jun 2009 Director, Makers Shirt Kamakura Co., Ltd. Jun 2020 Representative Director, President, Makers Shirt Kamakura Co., Ltd. (current) Jan 2021 Chairperson, Meikesi Trading (Shanghai) Co., Ltd. (current) Nov 2021 Member, Textile Industry Subcommittee, Industrial Structure Council, Ministry of Economy, Trade and Industry Jun 2023 Outside Director, Kawabe Co., Ltd. (current) Jun 2024 President & CEO, Kamakura Shirts NewYork Co., Ltd. (current) Jun 2026 Director of the Company (scheduled to assume office)
1972-04-17
Tatsuya KOGA
Full-time Statutory Auditor
Apr 1983 Joined the Company Apr 2008 General Manager, Store Sales Department Oct 2010 General Manager, Retail Management Department Apr 2013 General Manager, Internal Audit Office Jun 2019 Statutory Auditor (current)
1959-11-02
Shinichi UCHIBORI
Full-time Statutory Auditor
Apr 1986 Joined the Company Apr 2019 General Manager, General Affairs Department Apr 2022 General Manager, General Affairs and Legal Department Jun 2023 Statutory Auditor (current)
1964-02-12
Yukiko NAKAGAWA
Statutory Auditor
Oct 1994 Joined Tohmatsu Audit Corporation Apr 2000 Opened Nakagawa Certified Public Accountant Office; Head of Office (current) Apr 2004 Lecturer, Special Course for Certified Tax Accountants, Faculty of Economics, Aoyama Gakuin University Jan 2006 Joined Vector Inc. Jun 2023 Statutory Auditor of the Company (current) Jun 2024 Outside Corporate Auditor, Heian Ray Service Co., Ltd. (current) May 2025 Outside Director (Audit and Supervisory Committee Member), Can Do Co., Ltd. (current)
1969-02-16
Akira NISHIDA
Statutory Auditor
Apr 1999 Registered as Attorney-at-law; joined Nagashima & Ohno (now Nagashima Ohno & Tsunematsu) Sep 2002 Seconded to Ministry of Economy, Trade and Industry Jul 2004 Seconded to Bank of Japan Nov 2006 Opened Nishida Law Office; Attorney-at-law (current) Oct 2017 Outside Director (Audit and Supervisory Committee Member), Kobayashi Yoko Co., Ltd. (current) Jun 2023 Statutory Auditor of the Company (current)
1972-04-12
Large Shareholding Reports
Nippi, Incorporated
2026-10-05
13.69%→12.68%
Annual report (as of 2026-03-31): 13.49%
Mizuho Trust & Banking Co., Ltd.
2026-08-07
2.98%
Annual report (as of 2026-03-31): 2.30%
Nippi Co., Ltd.
2026-04-16
14.69%→13.69%
Annual report (as of 2026-03-31): 13.49%
Mizuho Trust & Banking Co., Ltd.
2025-12-05
4.02%
Annual report (as of 2026-03-31): 2.30%
Nippi Co., Ltd.
2025-11-25
14.69%→14.33%
Annual report (as of 2026-03-31): 13.49%
Mizuho Trust & Banking Co., Ltd.
2025-08-22
4.23%→2.11%
Annual report (as of 2026-03-31): 2.30%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-05
Large Shareholding Report
EDINET
2026-08-07
Large Shareholding Report
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Feb 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-16
Large Shareholding Report
TDnet
2026-02-09
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-05
Large Shareholding Report
EDINET
2025-11-25
Large Shareholding Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-08-22
Large Shareholding Report
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-06
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
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
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
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
2022-08-10
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
2021-08-10
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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