Overview
Other Products

SHIGEMATSU WORKS CO.,LTD.

Shigematsu Works manufactures and sells a comprehensive range of personal protective equipment (PPE) for occupational health and safety, with a primary focus on respiratory protection including dust masks, gas masks, airline respirators, powered air-purifying respirators (PAPRs), and self-contained breathing apparatus. The company also offers ancillary protective products such as chemical protective clothing, protective gloves, safety goggles, and hearing protection equipment. In addition to manufacturing, the company serves as the exclusive domestic sales agent for self-contained breathing apparatus made by Air Water Safety Service Inc., and provides maintenance, inspection, and repair services for its products.

Market Cap
¥5.94B
US$37.9M
EV
¥8.42B
US$53.7M
Stock¥835▼-1.76%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.0
x
LTM EV/EBIT
7.0
x
LTM PER
7.5
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-15.6%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 20, 26Earnings announcement stock rise
MC → EV Bridge
5.94BUS$37.9MMarket Cap7.05BUS$45.0M+ Debt1.76BUS$11.2M− Cash2.81BUS$17.9M− Inv. Sec.8.42BUS$53.7MEV
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Performance & Balance
Revenue 5Y (¥B)
11.9US$76.0M'22/312.9US$82.1M'23/313.0US$82.9M'24/314.1US$90.0M'25/315.6US$99.4M'26/3
EBITDA 5Y (¥B)
1.25US$7.96M'22/31.69US$10.8M'23/31.35US$8.62M'24/31.77US$11.3M'25/31.97US$12.6M'26/3
Net Income 5Y (¥B)
0.59US$3.76M'22/30.75US$4.77M'23/30.58US$3.72M'24/30.78US$4.97M'25/30.70US$4.48M'26/3
Capital Structure
58%
42%
EquityD/E 0.72xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
2.94US$18.7M3.36US$21.4M'22/33.47US$22.1M3.13US$20.0M'23/34.13US$26.3M3.12US$19.9M'24/33.41US$21.7M5.04US$32.1M'25/34.78US$30.5M7.63US$48.7M'26/3
Shareholders
Top 10 hold 42.2%
1
Air Water Disaster Prevention Co., Ltd.
10.32%
2
Chiyoda Technol Corporation
9.93%
3
Nobuo SHIGEMATSU
6.28%
4
Shimatsu Co., Ltd.
3.52%
5
RIKEN KEIKI CO.,LTD.
3.46%
6
Yuto SUZUKI
2.03%
7
SHIGEMATSU WORKS CO.,LTD. Employee Stock Ownership Association
1.98%
8
Fujikura Kosou Co., Ltd.
1.87%
9
Mizuho Bank, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
1.41%
10
MUFG Bank, Ltd.
1.41%
Management
16 officers
Nobuo SHIGEMATSU
Representative Director, President
Apr 1979 Joined the Company Apr 1988 Deputy General Manager, Technical Research Institute Jun 1988 Director, Deputy General Manager, Technical Research Institute Jun 1989 Managing Director; in charge of Production; General Manager, Technical Research Institute Apr 1992 Managing Director; General Manager, Production Division and Technical Research Institute Jun 1994 Representative Director, Managing Director; General Manager, Sales Division and Design Department Apr 1997 Representative Director, Managing Director; in charge of Sales; General Manager, Design Department Jun 1997 Representative Director, Vice President Jun 1998 Representative Director, President (current)
1955-10-12
Takashi MORITA
Representative Director, Vice President
Apr 1976 Joined Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Nov 2002 Manager, Shin-Marunouchi Branch, MUFG Bank, Ltd. Dec 2004 Joined the Company; Deputy General Manager, Accounting Department Jun 2005 Director; General Manager, Accounting Department Jun 2007 Managing Director; General Manager, Administration Division and Accounting Department Jun 2010 Senior Managing Director; General Manager, Administration Division and Accounting Department Jun 2011 Representative Director, Vice President; General Manager, Administration Division and Accounting Department Jun 2014 Representative Director, Vice President; General Manager, Administration Division Jun 2020 Representative Director, Vice President (current)
1953-03-21
Kenichi ONO
Senior Managing Director; in charge of Design
Apr 1983 Joined the Company Apr 1992 Manager, First Design Office Apr 2006 General Manager, Design Department Jun 2009 Director; General Manager, Design Department Apr 2010 Director; General Manager, Development Design Department and Mass Production Design Department Jun 2015 Managing Director; General Manager, Development Design Department and Mass Production Design Department Jun 2018 Senior Managing Director; General Manager, Development Design Department and Mass Production Design Department Apr 2019 Senior Managing Director; in charge of Design (current)
1962-10-28
Shinpei KUDO
Senior Managing Director; in charge of Production; General Manager, No. 2 Production Division
Apr 1984 Joined the Company Apr 2013 General Manager, Funabiki No. 3 Manufacturing Department Apr 2015 General Manager, Production Engineering Department and Himeji Manufacturing Department Jun 2015 Director; General Manager, Production Engineering Department and Himeji Manufacturing Department Jun 2018 Managing Director; General Manager, No. 2 Production Division Apr 2023 Managing Director; General Manager, Production Division Jun 2023 Senior Managing Director; General Manager, Production Division Apr 2024 Senior Managing Director; in charge of Production; General Manager, No. 2 Production Division (current)
1959-09-23
Masanori NITO
Senior Managing Director; General Manager, Sales Division and Overseas Business Division
Apr 1993 Joined the Company Apr 2006 Manager, Tokyo Sales Office Apr 2012 Assistant General Manager, Marketing Department Apr 2014 General Manager, Marketing Department Jun 2017 Director; General Manager, Marketing Department Jun 2018 Managing Director; General Manager, Marketing Division Apr 2021 Managing Director; General Manager, Marketing Division and Overseas Business Division Jun 2023 Senior Managing Director; General Manager, Sales Division and Overseas Business Division (current)
1969-06-25
Makoto NOGUCHI
Senior Managing Director; General Manager, Research Department
Apr 1995 Joined the Company Apr 2008 Manager, Quality Control Office, Quality Assurance Department Jun 2015 General Manager, Quality Assurance Department Jun 2016 Director; General Manager, Quality Assurance Department Mar 2017 Director; General Manager, Research Department Jun 2018 Managing Director; General Manager, Research Department Jun 2025 Senior Managing Director; General Manager, Research Department (current)
1975-01-13
Makoto BANNO
Managing Director; General Manager, Administration Division and General Affairs Department
Apr 1985 Joined Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Oct 2010 Manager, Takadanobaba Branch, MUFG Bank, Ltd. Apr 2013 Joined the Company; Chief Staff Member, Administration Division Jun 2014 Director; General Manager, Accounting Department Jun 2020 Director; General Manager, General Affairs Department Jun 2023 Managing Director; General Manager, Administration Division and General Affairs Department (current)
1962-11-01
Akihiko KONISHI
Managing Director; General Manager, No. 1 Production Division
Apr 1988 Joined the Company Apr 2010 Assembly Section Manager, Funabiki No. 2 Manufacturing Department Jul 2011 General Manager, Funabiki No. 2 Manufacturing Department Apr 2014 General Manager, Saitama Manufacturing Department Apr 2017 General Manager, Funabiki No. 1 Manufacturing Department Jun 2017 Director; General Manager, Funabiki No. 1 Manufacturing Department Jun 2019 Director; General Manager, Rubber Manufacturing Department and DD Manufacturing Department, No. 1 Production Division Jan 2021 Director; General Manager, Assembly Department and Materials Department, No. 1 Production Division Apr 2024 Director; General Manager, No. 1 Production Division Jun 2025 Managing Director; General Manager, No. 1 Production Division (current)
1966-03-11
Kazuo TANI
Managing Director; General Manager, Accounting Department
Apr 1994 Joined Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Apr 2021 General Manager, Tsu Branch and Matsusaka Branch, MUFG Bank, Ltd. Apr 2023 Joined the Company; Deputy General Manager, General Affairs Department Jun 2024 Director; General Manager, Accounting Department Jun 2026 Managing Director; General Manager, Accounting Department (current)
1971-04-11
Taiku IMAMURA
Director; General Manager, Sales Department
Apr 1999 Joined the Company Apr 2011 Manager, Joetsu Sales Office Apr 2019 General Manager, Marketing Department Apr 2023 General Manager, Sales Department Jun 2023 Director; General Manager, Sales Department (current)
1976-09-10
Toshio SAYAMA
Director
Mar 1976 Joined Nakano Reiki Co., Ltd. Mar 2000 Director, Nakano Reiki Co., Ltd. Mar 2012 Managing Director, Nakano Reiki Co., Ltd. Mar 2016 Senior Managing Director, Nakano Reiki Co., Ltd. Mar 2017 Resigned from Nakano Reiki Co., Ltd. Jun 2020 Director of the Company (current)
1956-02-28
Shigefumi TOBITA
Director
Apr 2000 Professor, Gunma University Apr 2007 Professor, Graduate School of Gunma University Apr 2021 Professor Emeritus, Gunma University (current) Jun 2022 Director of the Company (current) Jul 2024 Councilor, Dojin Chemical Academic Promotion Foundation (current)
1956-02-07
Akio SHIGEMATSU
Full-time Corporate Auditor
Mar 1975 Joined Air Self-Defense Force Dec 2002 Chief, Technical Section No. 2, Air Staff Office Apr 2004 General Manager, Research and Development Department, Air Development and Test Wing Headquarters Dec 2008 Air Vice Marshal Apr 2009 Joined the Company; Assistant to the President, Senior Research Fellow Apr 2010 Deputy General Manager, Quality Assurance Department; Assistant to the President, Senior Research Fellow Jun 2010 Director; General Manager, Quality Assurance Department; Senior Research Fellow Jun 2014 Executive Officer; General Manager, Quality Assurance Department; Senior Research Fellow Jun 2015 Executive Officer; General Manager, Education Department; Assistant to the President, Senior Research Fellow Jun 2017 Full-time Corporate Auditor (current)
1953-01-26
Fujiko KOBAYASHI
Corporate Auditor
Apr 1989 Joined Kashiwabara Eiichi Certified Public Accountant Office Mar 1991 Joined Katayama Shinpei Certified Public Accountant Office Oct 2003 Registered as Certified Tax Accountant Oct 2007 Opened Kobayashi Tax Accountant Office (current) Dec 2015 Established Yoshihira Co., Ltd.; Representative Director May 2020 Representative Director, Sumita Scholarship Foundation, Cambodia (public interest incorporated association) (current) Jun 2022 Corporate Auditor of the Company (current)
1955-05-26
Satoshi KAWASHIMA
Corporate Auditor
Apr 1992 Full-time Research Fellow, First Research Department, Institute for Telecommunications Policy (now Multimedia Promotion Center) Apr 2000 Full-time Lecturer, Faculty of Economics, Kanazawa University of Economics (now Kanazawa Seiryo University) Apr 2012 Professor, Faculty of Economics, Kanazawa Seiryo University (current) Jun 2023 Corporate Auditor of the Company (current)
1964-07-07
Tadashi MORISHITA
Corporate Auditor
Apr 1994 Full-time Assistant, Faculty of Political Science and Economics, Meiji University Apr 2005 Full-time Professor, Faculty of Political Science and Economics, Meiji University (current) Feb 2020 Member, Board of Councilors, Meiji University Jun 2024 Corporate Auditor of the Company (current)
1965-07-24
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-29
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-04
株主総会招集通知
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-30
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-06
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-02
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-28
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
2023-06-30
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
2022-06-30
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-30
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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