Overview
Electric Appliances

Zojirushi Corporation

Zojirushi Corporation designs, manufactures, and sells a broad range of household appliances and consumer products, including rice cookers (notably the flagship 'Enpuku Taki' series), vacuum-insulated bottles and thermoses, electric kettles, humidifiers, air purifiers, and other kitchen and living appliances. The company targets everyday consumers both domestically in Japan and internationally across Asia, North America, and other regions, leveraging its strong brand recognition, proprietary heating and insulation technologies, and a vertically integrated manufacturing and distribution network. Its competitive strengths include deep product innovation, a trusted quality brand built over a century, and an expanding direct-to-consumer presence through restaurant and specialty food concepts such as 'Zojirushi Shokudo' and 'Ginpaku Onigiri.'

Market Cap
¥93.7B
US$598M
EV
¥55.2B
US$352M
Stock¥1,475▲+0.07%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.3
x
LTM EV/EBIT
7.0
x
LTM PER
16.0
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-33.6%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Jun 30, 26Q2 FY2026/11 earnings announced
MC → EV Bridge
93.7BUS$598MMarket Cap1.43BUS$9.09M+ Debt28.1BUS$179M− Cash12.7BUS$81.1M− Inv. Sec.0.94BUS$5.96M+ NCI55.2BUS$352MEV
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Performance & Balance
Revenue 5Y (¥B)
77.7US$495M'21/1182.5US$526M'22/1183.5US$532M'23/1187.2US$556M'24/1191.2US$581M'25/11
EBITDA 5Y (¥B)
8.48US$54.1M'21/116.63US$42.3M'22/117.26US$46.3M'23/118.27US$52.8M'24/119.69US$61.8M'25/11
Net Income 5Y (¥B)
4.51US$28.8M'21/113.66US$23.3M'22/114.44US$28.3M'23/116.46US$41.2M'24/115.98US$38.1M'25/11
Capital Structure
98%
EquityD/E 0.02xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
43.5US$278M3.05US$19.5M'21/1141.1US$262M3.71US$23.6M'22/1142.0US$268M3.75US$23.9M'23/1143.0US$274M3.19US$20.4M'24/1144.5US$284M1.43US$9.13M'25/11
Shareholders
Top 10 hold 59.6%
1
CLEARSTREAM BANKING S.A. (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
16.00%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
9.47%
3
Norio ICHIKAWA
8.51%
4
Wakou Co., Ltd.
6.60%
5
Masahiro ICHIKAWA
4.83%
6
Stock Ownership Association
4.01%
7
Yasuhiro ICHIKAWA
3.26%
8
Ichikawa International Scholarship Foundation
2.59%
9
Mitsubishi UFJ Trust and Banking Corporation (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
2.44%
10
Naotaka ICHIKAWA
1.87%
Management
13 officers
Norio ICHIKAWA
Representative Director, President and Executive Officer
Apr 1981 Joined the Company Feb 1997 General Manager, Product Development Department No. 1, the Company Feb 1998 Director, General Manager, Product Development Department No. 1, the Company Feb 2001 Representative Director, President, the Company Feb 2005 Chairman, Xinxiang Manufacturing Factory Co., Ltd. (current) Feb 2010 Representative Director, President and General Manager, Sales Division, the Company Nov 2012 Representative Director, President, the Company Feb 2020 Representative Director, President and Executive Officer, the Company (current)
1958-05-10
Yoshihiko MIYAKOSHI
Director, Managing Executive Officer, General Manager, International Sales Division
Apr 1984 Joined the Company Nov 2008 Executive Officer, Deputy General Manager, International Department, the Company Nov 2009 Executive Officer, General Manager, International Department, the Company Nov 2009 Chairman of the Board, Zojirushi America Corporation (current) Nov 2011 Executive Officer, Deputy General Manager, Sales Division and General Manager, International Department, the Company Feb 2012 Director, Deputy General Manager, Sales Division and General Manager, International Department, the Company Nov 2012 Director, General Manager, International Sales Division and General Manager, International Department, the Company Feb 2020 Director, Executive Officer, General Manager, International Sales Division and General Manager, International Department, the Company Dec 2021 Chairman, Tai Xiang Co., Ltd. (current) Nov 2023 Director, Managing Executive Officer, General Manager, International Sales Division and General Manager, International Department, the Company Nov 2025 Director, Managing Executive Officer, General Manager, International Sales Division, the Company (current)
1961-03-03
Eiji ZODA
Director, Managing Executive Officer, General Manager, Corporate Planning Department
Apr 1990 Joined the Company Nov 2016 General Manager, Corporate Planning Department, the Company Nov 2017 Executive Officer, General Manager, Corporate Planning Department, the Company Nov 2018 Executive Officer, General Manager, Corporate Planning Department and General Manager, New Business Development Office, the Company Feb 2019 Director, General Manager, Corporate Planning Department and General Manager, New Business Development Office, the Company Feb 2020 Director, Executive Officer, General Manager, Corporate Planning Department and General Manager, New Business Development Office, the Company Nov 2021 Director, Executive Officer, General Manager, Corporate Planning Department, in charge of New Business Development, the Company Nov 2025 Director, Managing Executive Officer, General Manager, Corporate Planning Department, the Company (current)
1968-02-28
Jun OGAMI
Director, Managing Executive Officer, General Manager, Domestic Sales Division
Apr 1986 Joined the Company Nov 2009 General Manager, Sales Promotion Department, the Company Nov 2011 General Manager, Sales Planning Department, the Company Nov 2014 Executive Officer, General Manager, Sales Planning Department, the Company Nov 2019 Executive Officer, Deputy General Manager, Domestic Sales Division and General Manager, Tokyo Branch, the Company Feb 2023 Director, Executive Officer, Deputy General Manager, Domestic Sales Division and General Manager, Tokyo Branch, the Company Nov 2024 Director, Executive Officer, General Manager, Domestic Sales Division, the Company Nov 2025 Director, Managing Executive Officer, General Manager, Domestic Sales Division, the Company (current)
1962-06-29
Hiroshi YAMANE
Director, Managing Executive Officer, General Manager, Production and Development Division
Apr 1993 Joined the Company Nov 2011 Deputy General Manager, No. 1 Business Division, the Company Nov 2013 General Manager, No. 1 Business Division, the Company Nov 2018 Executive Officer, Deputy General Manager, Production and Development Division and General Manager, No. 1 Business Division, the Company Nov 2019 Executive Officer, Deputy General Manager, Production and Development Division, the Company Nov 2020 Executive Officer, Deputy General Manager, Production and Development Division and General Manager, Technology Development Office, the Company Nov 2022 Executive Officer, Deputy General Manager, Production and Development Division, the Company Nov 2023 Executive Officer, General Manager, Production and Development Division, the Company Feb 2025 Director, Executive Officer, General Manager, Production and Development Division, the Company Nov 2025 Director, Managing Executive Officer, General Manager, Production and Development Division, the Company (current)
1970-10-23
Shigehisa OKAMOTO
Director, Executive Officer, General Manager, Administration Division and General Manager, Accounting Department
Apr 1995 Joined the Company May 2016 Deputy General Manager, Accounting Department, the Company Feb 2017 General Manager, Accounting Department, the Company Nov 2021 Executive Officer, Deputy General Manager, Administration Division and General Manager, Accounting Department, the Company Nov 2024 Executive Officer, General Manager, Administration Division and General Manager, Accounting Department, the Company Feb 2026 Director, Executive Officer, General Manager, Administration Division and General Manager, Accounting Department, the Company (current)
1971-09-05
Hiromi ISUMI
Director
Apr 2003 Representative Director, Chairman, Miriemu Co., Ltd. Jan 2004 Chairman, NPO "Wa no Gakko" Apr 2013 Councilor, General Incorporated Foundation Konnichian (current) Feb 2016 Director, the Company (current) Apr 2017 Chairman of the Board, Miriemu Co., Ltd. Sep 2023 Senior Advisor, Miriemu Co., Ltd. (current)
1958-10-02
Susumu TODA
Director
Apr 1982 Joined Itochu Corporation Sep 1999 Executive Officer, Fast Retailing Co., Ltd. Apr 2004 Executive Officer, MISUMI Corporation (currently MISUMI Group Inc.) Jan 2008 Vice President, Amazon Japan K.K. (currently Amazon Japan G.K.) Nov 2010 Senior Managing Executive Officer, Bell System24 Co., Ltd. (currently Bell System24 Holdings Co., Ltd.) Mar 2014 Representative Director, Vice President, Enoteca Co., Ltd. Jul 2015 Joined KDDI Corporation Jan 2017 Representative Director, President, Net Japan Co., Ltd. Jul 2021 Senior Executive Officer, Shachihata Inc. Sep 2022 Director, Senior Executive Officer, Shachihata Inc. Feb 2023 Director, the Company (current) Sep 2024 Director, Shachihata Inc. (current)
1959-10-07
Hiroaki KANAI
Director
Mar 1984 Joined Kanai Juyo Kogyo Co., Ltd. Jun 1989 Director, Kanai Juyo Kogyo Co., Ltd. Jun 1990 Director, Tokusen Kogyo Co., Ltd. Apr 1991 Managing Director, Kanai Juyo Kogyo Co., Ltd. Mar 1995 Director, Vice Chairman, Tokusen USA Jun 1995 Representative Director, President, Tokusen Engineering Co., Ltd. Jun 1997 Representative Director, Executive Vice President, Kanai Juyo Kogyo Co., Ltd.; Representative Director, Executive Vice President, Tokusen Kogyo Co., Ltd. Jun 2009 Representative Director, Vice Chairman, Japan Fine Steel Co., Ltd. Jun 2013 Representative Director, President, Kanai Juyo Kogyo Co., Ltd.; Representative Director, President, Tokusen Kogyo Co., Ltd. Mar 2015 Representative Director, Kanai Holdings Co., Ltd. (current) Sep 2023 Chairman of the Board, Tokusen USA (current) Feb 2025 Director, the Company (current)
1958-06-25
Masayoshi UEHARA
Director, Full-time Audit and Supervisory Committee Member
Apr 1984 Joined the Company May 2008 Group Manager, Management Group, Sales Department, the Company Nov 2011 General Manager, Audit Department, the Company Feb 2017 General Manager, Human Resources and General Affairs Department, the Company Nov 2021 Audit Department, the Company Feb 2024 Director, Full-time Audit and Supervisory Committee Member, the Company (current)
1961-12-16
Kanae SHIONO
Director, Audit and Supervisory Committee Member
Apr 1984 Joined The Taiyo Kobe Bank, Ltd. (currently Sumitomo Mitsui Banking Corporation) Aug 1986 Joined Irving Bank (currently The Bank of New York Mellon), Osaka Branch Mar 1995 Joined Takashi Shiono Law Office Jan 1996 Joined Sumio Ikegami Tax Accountant Office Mar 1998 Registered as Certified Tax Accountant (current) Apr 2000 Opened Kanae Shiono Tax Accountant Office, Head of Office (current) Feb 2018 Audit and Supervisory Board Member, the Company Feb 2020 Director, Audit and Supervisory Committee Member, the Company (current)
1961-07-24
Kazushi UTSUNOMIYA
Director, Audit and Supervisory Committee Member
Apr 1995 Joined Nissho Iwai Corporation (currently Sojitz Corporation) Oct 2004 Registered as Attorney-at-Law (current) Oct 2004 Joined Seiwa Law Office Jan 2011 Partner Attorney, Seiwa Law Office (current) Feb 2019 Audit and Supervisory Board Member, the Company Feb 2020 Director, Audit and Supervisory Committee Member, the Company (current)
1971-12-08
Tomoko NISHIMURA
Director, Audit and Supervisory Committee Member
Oct 1989 Joined Asahi Shinwa Audit Corporation (currently KPMG AZSA LLC) Aug 1993 Registered as Certified Public Accountant (current) Mar 2001 Opened Tomoko Nishimura Certified Public Accountant Office, Head of Office (current) Oct 2002 Registered as Certified Tax Accountant (current); opened Tomoko Nishimura Tax Accountant Office, Head of Office (current) Feb 2023 Director, Audit and Supervisory Committee Member, the Company (current) Jun 2023 Outside Director, Linical Co., Ltd. (current)
1967-01-14
Large Shareholding Reports
Norio ICHIKAWA
2026-07-10
7.44%→7.44%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-20): 8.51%
Norio ICHIKAWA
2026-05-13
7.44%→7.44%
Annual report (as of 2026-05-20): 8.51%
Norio ICHIKAWA
2025-10-23
8.81%→7.44%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-20): 8.51%
Norio ICHIKAWA
2025-09-04
8.81%→7.44%
Annual report (as of 2026-05-20): 8.51%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-02
Q3 Earnings Flash
FY ending Nov 2026
EDINETAmended
2026-07-10
Change Report
EDINET
2026-07-01
Semi-Annual Securities Report
Period: Nov 2025 – Nov 2026
TDnet
2026-06-29
Q2 Earnings Flash
FY ending Nov 2026
EDINET
2026-05-13
Large Shareholding Report
TDnet
2026-03-30
Q1 Earnings Flash
FY ending Nov 2026
EDINET
2026-02-18
Annual Securities Report
Period: Nov 2024 – Nov 2025
EDINETAmended
2025-10-23
Change Report
TDnet
2025-09-30
Q3 Earnings Flash
FY ending Nov 2025
EDINET
2025-09-04
Large Shareholding Report
EDINET
2025-07-02
Semi-Annual Securities Report
Period: Nov 2024 – Nov 2025
TDnet
2025-03-31
Q1 Earnings Flash
FY ending Nov 2025
EDINET
2025-02-20
Annual Securities Report
Period: Nov 2023 – Nov 2024
EDINET
2024-07-03
Quarterly Securities Report
Period: Feb 2024 – May 2024
EDINET
2024-04-03
Quarterly Securities Report
Period: Nov 2023 – Feb 2024
EDINET
2024-02-19
Annual Securities Report
Period: Nov 2022 – Nov 2023
EDINET
2023-10-03
Quarterly Securities Report
Period: May 2023 – Aug 2023
EDINET
2023-07-04
Quarterly Securities Report
Period: Feb 2023 – May 2023
EDINET
2023-04-05
Quarterly Securities Report
Period: Nov 2022 – Feb 2023
EDINET
2023-02-17
Annual Securities Report
Period: Nov 2021 – Nov 2022
EDINET
2022-10-04
Quarterly Securities Report
EDINET
2022-07-04
Quarterly Securities Report
EDINET
2022-04-05
Quarterly Securities Report
EDINET
2022-02-18
Annual Securities Report
EDINET
2021-10-04
Quarterly Securities Report
EDINET
2021-07-01
Quarterly Securities Report
EDINET
2021-04-05
Quarterly Securities Report
EDINET
2021-02-19
Annual Securities Report
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