Overview
Precision Instruments

SHOFU INC.

Shofu Inc. is a comprehensive manufacturer of dental materials and equipment, developing and selling products including artificial teeth, abrasives, metals, chemical compounds, cements, and dental instruments. The company serves dental professionals globally through a broad product portfolio spanning both traditional and CAD/CAM digital dentistry solutions. In addition to its core dental business, Shofu operates nail-related products and industrial abrasives segments.

Market Cap
¥78.1B
US$498M
EV
¥55.0B
US$351M
Stock¥2,189▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.9
x
LTM EV/EBIT
9.7
x
LTM PER
12.6
x
LTM PBR
1.5
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-8.3%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 5, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
78.1BUS$498MMarket Cap1.58BUS$10.0M+ Debt12.4BUS$79.1M− Cash12.3BUS$78.5M− Inv. Sec.0.09BUS$0.57M+ NCI55.0BUS$351MEV
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Performance & Balance
Revenue 5Y (¥B)
28.1US$179M'22/331.7US$202M'23/335.1US$224M'24/338.7US$247M'25/340.0US$255M'26/3
EBITDA 5Y (¥B)
4.12US$26.3M'22/34.80US$30.6M'23/35.88US$37.5M'24/36.45US$41.1M'25/36.44US$41.0M'26/3
Net Income 5Y (¥B)
2.55US$16.2M'22/33.14US$20.0M'23/33.66US$23.3M'24/34.32US$27.5M'25/34.89US$31.2M'26/3
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
18.7US$119M1.48US$9.43M'22/318.6US$119M1.19US$7.58M'23/321.3US$136M0.28US$1.79M'24/319.4US$123M0.21US$1.36M'25/320.2US$129M0.26US$1.64M'26/3
Shareholders
Top 10 hold 45.8%
1
Mitsui Chemicals,Inc.
20.11%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
6.88%
3
The Bank of Kyoto, Ltd.
4.00%
4
Nippon Life Insurance Company
3.63%
5
THE SHIGA BANK,LTD.
3.38%
6
NORTHERN TRUST CO.(AVFC) REIEDP AIF CLIENTS NON TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
2.51%
7
SHOFU INC. Employee Stock Ownership Association
1.39%
8
GOVERNMENT OF NORWAY (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.33%
9
BBH FOR BBHTSIL NEUBERGER BERMAN INVESTMENT FUNDS PLC-NEUBERGER BERMAN JAPAN EQUITY ENGAGEMENT FUND (Standing Proxy: MUFG Bank, Ltd.)
1.29%
10
Morita Corporation
1.28%
Management
12 officers
Tetsuo TAKAMI
Representative Director, President and Executive Officer, CEO
Mar 1983 Joined the Company Jun 2012 General Manager, Sales Department Apr 2015 General Manager, Tokyo Branch, Sales Department Jun 2015 Executive Officer, General Manager, Tokyo Branch, Sales Department Apr 2018 Executive Officer, General Manager, Sales Department and Tokyo Branch Apr 2019 Executive Officer, General Manager, Sales Department Jun 2019 Managing Executive Officer, General Manager, Sales Department Jun 2020 Director, Managing Executive Officer in charge of Sales and General Manager, Sales Department Apr 2021 Director, Managing Executive Officer in charge of Sales Jun 2022 Representative Director, President and Executive Officer Jun 2026 Representative Director, President and Executive Officer, CEO (current)
1960-06-22
Takahiro UMEDA
Representative Director, Executive Vice President and Executive Officer, CFO; in charge of Finance and Nail Business
Jun 2013 Manager, Fukuchiyama Branch, The Kyoto Bank, Ltd. Mar 2015 Joined the Company Apr 2015 General Manager, Finance Department Jun 2016 Executive Officer, General Manager, Finance Department Jun 2019 Managing Executive Officer, General Manager, Finance Department Jun 2020 Managing Executive Officer in charge of Finance and General Manager, Finance Department Apr 2021 Managing Executive Officer in charge of Finance Jun 2022 Senior Managing Executive Officer in charge of Finance Jun 2023 Director, Senior Managing Executive Officer in charge of Finance, General Affairs and Nail Business Jun 2025 Representative Director, Senior Managing Executive Officer in charge of Finance and Nail Business Apr 2026 Representative Director, Senior Managing Executive Officer in charge of Finance, Information Systems and Nail Business Jun 2026 Representative Director, Executive Vice President and Executive Officer, CFO; in charge of Finance and Nail Business (current)
1960-02-13
Shuji SONOI
Director, Managing Executive Officer; in charge of Production
Apr 1995 Joined the Company Apr 2018 Executive Director, Merz Dental GmbH Apr 2020 Deputy General Manager, Production Department Jun 2020 Executive Officer, Deputy General Manager, Production Department Apr 2022 Executive Officer, General Manager, Production Department Outside Director, Sun Medical Co., Ltd. (resigned Jun 2023) Jun 2024 Director, Managing Executive Officer in charge of Production (current)
1971-03-31
Ryuichi YOSHIMOTO
Director, Managing Executive Officer; in charge of R&D, Technology and Marketing
Apr 1988 Joined the Company Jun 2014 General Manager, Technology Department Apr 2018 General Manager, R&D Department Jun 2020 Executive Officer, General Manager, R&D Department Jun 2024 Managing Executive Officer in charge of R&D, Technology and Marketing Jun 2026 Director, Managing Executive Officer in charge of R&D, Technology and Marketing (current)
1964-08-12
Hiroyoshi MIYAKE
Director, Managing Executive Officer; in charge of Information Systems and General Affairs
Apr 1990 Joined the Company Apr 2020 General Manager, Corporate Planning Department Jun 2022 Executive Officer, General Manager, Corporate Planning Department Jun 2023 Outside Director, Sun Medical Co., Ltd. (current) Jun 2026 Director, Managing Executive Officer in charge of Information Systems and General Affairs (current)
1967-04-10
Daizo NISHIMURA
Director
Oct 1987 Joined Asahi Shinwa Audit Corporation (now Azsa LLC); left Oct 1990 Mar 1991 Registered as Certified Public Accountant; opened Nishimura CPA Office (current) Apr 1994 Registered as Certified Tax Accountant; opened Nishimura Tax Accountant Office (current) Jan 1998 Partner, Otemae Audit Corporation Mar 2004 Representative Partner, Otemae Audit Corporation (current) Jun 2012 Auditor, Kyoto Sangyo University (resigned May 2020) Jun 2020 Director of the Company (current)
1959-05-05
Junko YAGUCHI
Director
Apr 1986 Joined Fujitsu Social Systems Engineering, Ltd. (now Fujitsu Limited) Jul 1989 Joined Salomon Brothers Asia Securities (now Citigroup Securities Japan Limited) Nov 1997 Joined Merrill Lynch Securities Co., Tokyo Branch (now BofA Securities Japan Co., Ltd.) Mar 2002 Joined BNP Paribas Securities (Japan) Limited Jul 2006 Joined Games Arena, Inc. (consolidated subsidiary of Dwango Co., Ltd.) Apr 2012 Joined Dwango Co., Ltd. (transfer) Oct 2013 Joined Minkabu, Inc. (now Minkabu The Infonoid, Inc.) Apr 2020 Senior Executive Officer in charge of Management Control, Minkabu The Infonoid, Inc. Dec 2022 Corporate Auditor, Livedoor Co., Ltd. (resigned Jun 2024); Corporate Auditor, Minkabu Asset Partners Inc. (resigned Mar 2025) Apr 2024 Director, Minkabu Solution Services Inc. (resigned Oct 2025) Jun 2024 Director, Minkabu The Infonoid, Inc. (current) Jun 2025 Director of the Company (current)
1963-04-19
Kensuke IIZUKA
Director
Apr 1994 Joined Toa Medical Electronics Co., Ltd. (now Sysmex Corporation) Oct 2010 Vice President, Sysmex Asia Pacific Pte Ltd. Apr 2015 General Manager, Corporate Planning Office, Sysmex Corporation Apr 2017 Executive Officer, General Manager, Corporate Planning Office, Sysmex Corporation Apr 2018 Executive Officer, General Manager, Administration Division, Sysmex Corporation Apr 2019 Executive Officer, General Manager, Human Resources Division, Sysmex Corporation Apr 2020 Senior Executive Officer, Deputy in charge of Corporate Staff, Sysmex Corporation Apr 2023 Senior Executive Officer in charge of Corporate Strategy, Sysmex Corporation Apr 2024 Senior Executive Officer in charge of Corporate Strategy and Human Resources, Next-Generation Medical Business, Sysmex Corporation Apr 2025 Senior Executive Officer in charge of Corporate Management, Next-Generation Medical Business and DX Strategy, Sysmex Corporation Jun 2025 Outside Director, Kainos Corporation (resigned Jun 2026) Apr 2026 Managing Executive Officer, CFO in charge of Corporate Management and Next-Generation Medical Business, Sysmex Corporation (current) Jun 2026 Director of the Company (current)
1970-03-05
Hiroyuki HATAYAMA
Standing Audit & Supervisory Board Member
Mar 1982 Joined the Company Jun 2012 General Manager, Information Systems Office, Finance Department Apr 2020 Senior Manager, Finance Department Oct 2020 General Manager, General Affairs Department, Shiga Shofu Co., Ltd. May 2022 Director and General Manager, General Affairs Department, Shiga Shofu Co., Ltd. Jun 2024 Standing Audit & Supervisory Board Member (current)
1962-01-02
Yoko YAMADA
Audit & Supervisory Board Member
Apr 1996 Joined Shiho Koji Certified Public Accountant Office (left Dec 2007) Apr 2000 Registered as Certified Public Accountant Dec 2002 Registered as Certified Tax Accountant Jan 2008 Opened Yoko Yamada Certified Public Accountant and Tax Accountant Office (current) Jun 2022 President, Kyoto-Shiga Chapter, Japanese Institute of Certified Public Accountants (resigned Jun 2025) Jun 2023 Audit & Supervisory Board Member of the Company (current)
1957-03-05
Hiromi MUKAI
Audit & Supervisory Board Member
Oct 2001 Registered as Attorney-at-law; joined Taniguchi Law Office (now Taniguchi Sogo Law Office) (left Sep 2009) Oct 2009 Joined Akai & Okada Law Office (now Okumura & Okada Sogo Law Office) (left Dec 2017) Jan 2018 Opened Kawaramachi Sogo Law Office (current) Jun 2024 Audit & Supervisory Board Member of the Company (current)
1975-10-11
Shingo ONO
Director
Apr 2000 Joined Mitsui Chemicals, Inc. Apr 2021 General Manager, Global Human Resources Department, Mitsui Chemicals, Inc. Apr 2025 Executive Officer, General Manager, Oral Care Business Division, Life & Healthcare Solutions Business Unit, Mitsui Chemicals, Inc. (current) Apr 2025 Supervisory Board Member, Kulzer GmbH (resigned Jun 2026) Apr 2025 Supervisory Board Member, MC Dental Holdings Germany GmbH (resigned Jun 2026) Apr 2025 Executive Member, MC Dental Holdings International LLC (current) Jun 2026 Director of the Company (current)
1976-02-09
Large Shareholding Reports
Neuberger Berman Japan Ltd.
2026-07-16
5.64%→6.68%
Neuberger Berman Japan Ltd.
2026-04-01
5.92%→5.64%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Neuberger Berman Japan Ltd.
2026-04-01
5.92%→5.64%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-16
Large Shareholding Report
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-01
Large Shareholding Report
EDINETAmended
2026-04-01
Change Report
TDnet
2026-02-04
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-05
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-02
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-07
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-08
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
2023-02-08
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINETAmended
2022-12-12
Amended Annual Securities Report
EDINETAmended
2022-12-12
Amended Annual Securities Report
EDINET
2022-11-09
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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