Overview
Other Products

Miroku Corporation

Miroku Corporation is a Japanese holding company with over 130 years of history, operating across three core segments: hunting/sporting firearms (shotguns and rifles) manufactured and sold under both OEM and proprietary brands including a long-standing partnership with Browning (USA); gun drill machines, deep-hole machining equipment, and contract deep-hole drilling services; and automotive wooden steering wheels developed using proprietary wood processing and finishing technologies for major automakers. The group also operates a cloud solutions business through subsidiary Mirokure Co., Ltd. Miroku's competitive strength lies in its integration of traditional craftmanship with modern industrial precision manufacturing.

Market Cap
¥3.29B
US$20.9M
EV
¥4.06B
US$25.8M
Stock¥1,120▼-0.36%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
6.3
x
LTM EV/EBIT
76.6
x
LTM PER
NM
LTM PBR
0.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-38.3%pt
1001234
Oct 23, 25 – Oct 23, 26StockTOPIX
1Oct 27, 25Strong interim earnings results
2Oct 30, 25Profit-taking after earnings rally
3Dec 9, 25Q3 earnings announcement decline
4Aug 26, 26Net profit guidance raised from ¥0.61bn to ¥2.84bn on ¥2.2bn gain from cross-shareholding sale
MC → EV Bridge
3.29BUS$20.9MMarket Cap7.46BUS$47.5M+ Debt1.74BUS$11.0M− Cash4.96BUS$31.6M− Inv. Sec.4.06BUS$25.8MEV
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Performance & Balance
Revenue 5Y (¥B)
13.7US$86.9M'21/1011.5US$73.0M'22/1011.9US$75.7M'23/1010.9US$69.5M'24/1012.5US$79.7M'25/10
EBITDA 5Y (¥B)
1.14US$7.28M'21/101.40US$8.92M'22/101.32US$8.41M'23/100.42US$2.70M'24/100.70US$4.43M'25/10
Net Income 5Y (¥B)
0.30US$1.93M'21/100.51US$3.26M'22/100.48US$3.06M'23/10-2.29-US$14.6M'24/10-2.53-US$16.1M'25/10
Capital Structure
61%
39%
EquityD/E 0.65xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
6.10US$38.9M0.50US$3.18M'21/104.85US$30.9M0.70US$4.46M'22/105.04US$32.1M2.05US$13.1M'23/105.61US$35.7M5.48US$34.9M'24/106.03US$38.4M7.32US$46.6M'25/10
Shareholders
Top 10 hold 51.5%
1
MLPFS CUSTODY ACCOUNT (Standing Proxy: BofA Securities Japan Co., Ltd.)
13.29%
2
Miroku Kosan Co., Ltd.
8.81%
3
The Shikoku Bank, Ltd.
4.74%
4
THE BANK OF KOCHI,LTD.
4.44%
5
Miroku Kyoeikai
4.04%
6
Torishima Pump Mfg.Co.,Ltd.
3.85%
7
NOF CORPORATION
3.27%
8
ISS Realize Co., Ltd.
3.27%
9
Meiji Yasuda Life Insurance Company
2.96%
10
Nippon Life Insurance Company
2.82%
Management
10 officers
Yoshihiko MIROKU
Representative Director, President
Oct 1998 Technical Assistant Manager, Fuji Xerox Co., Ltd. (now FUJIFILM Business Innovation Corp.) Oct 1999 Advisor, the Company Jan 2000 Representative Director, Executive Vice President, the Company Jan 2001 Representative Director, President, the Company (current) May 2003 Representative Director, President, Miroku Seisakusho Co., Ltd. (current) Dec 2006 Representative Director, Chairman, Yusuhara Miroku Co., Ltd. Feb 2007 Representative Director, Chairman, Miroku Kikai Co., Ltd. (current) Nov 2011 Director, Chairman, Nankoku Miroku Co., Ltd. (current) Nov 2022 Director, Giken Seisakusho Co., Ltd.
1957-03-20
Masahisa MIYAJI
Director, General Manager of Administration Division
Feb 2004 Branch Manager, Marugame Minami Branch, The Shikoku Bank, Ltd. Jun 2014 Executive Officer, Branch Manager of Nankoku Branch and Nankoku Minami Branch, The Shikoku Bank, Ltd. Jun 2016 Executive Officer, Branch Manager of Kiyabashi Branch, The Shikoku Bank, Ltd. Nov 2018 Staff, Audit & Supervisory Board Office, the Company Jan 2019 Full-time Audit & Supervisory Board Member, the Company Jan 2024 Director, Miroku Seisakusho Co., Ltd. (current) Jan 2024 Director, General Manager of Administration Division, the Company (current)
1959-03-08
Takao IDO
Non-Executive Director
Aug 2010 Joined Dentsu Razorfish Inc. (now Dentsu Digital Inc.) Nov 2014 Joined Miroku Seisakusho Co., Ltd. Nov 2015 General Manager, Quality Assurance Department, Miroku Seisakusho Co., Ltd. Dec 2016 Deputy General Manager, Firearms Business Division, Miroku Seisakusho Co., Ltd. Jan 2017 Director, the Company (current) Aug 2019 Representative Director, President, Mirokurie Co., Ltd. (current) Dec 2022 Director, General Manager, Firearms Business Division, Miroku Seisakusho Co., Ltd. (current)
1977-01-19
Katsuhiro INADA
Non-Executive Director
Aug 1996 Joined Miroku Kihan Co., Ltd. (now Miroku Kikai Co., Ltd.) Nov 2007 Machinery Section Manager, Tokyo Sales Office, Miroku Kikai Co., Ltd. Dec 2014 Director, Head of Tokyo Sales Office, Miroku Kikai Co., Ltd. Apr 2020 Representative Director, President, Miroku Kikai Co., Ltd. (current) Jan 2021 Director, the Company (current)
1968-08-27
Toshio KOMI
Full-time Audit & Supervisory Board Member
Jan 2001 Joined the Company Nov 2012 General Manager, Internal Audit Office, the Company Nov 2017 Deputy General Manager, Administration Division, the Company Dec 2017 Director, Miroku Seisakusho Co., Ltd. Jan 2018 Director, General Manager of Administration Division, the Company Jan 2024 Full-time Audit & Supervisory Board Member, the Company (current)
1969-10-08
Jean-Louis DAM
Non-Executive Director
May 2005 General Manager, Planning & Quality Department, JTEKT Torsen Europe S.A. May 2009 Chief Executive Officer (CEO), JTEKT Torsen Europe S.A. Apr 2018 President, JTEKT HPI Feb 2020 Director in charge of Consumer Products Manufacturing, Helstal S.A. Jan 2022 Chief Executive Officer (CEO), Browning Viana S.A. Jan 2022 Director, the Company (current) Jul 2022 Chairman, Browning Viana S.A. (current) Jun 2024 In charge of Consumer Products Manufacturing, FN Browning Group (current)
1970-02-07
Travis HALL
Non-Executive Director
Jan 1999 Director in charge of Marketing, Browning Inc. Jun 2001 Vice President, Sales & Marketing, Browning Inc. Sep 2009 Chief Operating Officer (COO), Browning Inc. Jan 2012 President and Chief Executive Officer (CEO), Browning Inc. Jan 2024 Director, the Company (current) Jan 2026 Executive Advisor, Browning Inc. (current)
1968-10-11
Kazumichi HORIMI
Non-Executive Director
Apr 1992 Joined New Nippon Steel Corporation (now Nippon Steel Corporation) Jan 2000 Representative Director, Horimi Research Institute Co., Ltd. Oct 2013 Mayor, Sakawa Town, Kochi Prefecture Apr 2022 Special Assistant to the Director, Kochi University Jan 2024 Director, the Company (current) Apr 2024 Director, Kochi University (current)
1968-10-22
Hiroo WADA
Non-Executive Audit & Supervisory Board Member
Jun 2011 Director, General Manager of Business Management Division, The Kochi Bank, Ltd. Jun 2013 Managing Director, General Manager of Business Management Division, The Kochi Bank, Ltd. Jun 2017 Representative Director and Senior Managing Director, The Kochi Bank, Ltd. May 2021 Director, Secom Kochi Co., Ltd. (current) Jun 2021 Director, Yukosha Co., Ltd. (current) Aug 2021 Director, Kogin Business Co., Ltd. Jan 2022 Audit & Supervisory Board Member, the Company (current)
1958-02-16
Yutaka KITAMURA
Non-Executive Audit & Supervisory Board Member
Jun 1998 Branch Manager, Nankoku Minami Branch, The Shikoku Bank, Ltd. Jun 2011 Executive Officer, General Manager of Sales Administration Department, The Shikoku Bank, Ltd. Jun 2015 Audit & Supervisory Board Member, The Shikoku Bank, Ltd. Jun 2018 Director, Audit and Supervisory Committee Member, The Shikoku Bank, Ltd. Jun 2020 Representative Director, President, New Kochi Building Co., Ltd. Jan 2023 Audit & Supervisory Board Member, the Company (current)
1955-09-19
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-11
Q3 Earnings Flash
FY ending Oct 2026
EDINET
2026-06-12
Semi-Annual Securities Report
Period: Nov 2025 – Oct 2026
TDnet
2026-03-13
Q1 Earnings Flash
FY ending Oct 2026
EDINET
2026-01-27
Annual Securities Report
Period: Nov 2024 – Oct 2025
TDnet
2025-09-12
Q3 Earnings Flash
FY ending Oct 2025
EDINET
2025-06-13
Semi-Annual Securities Report
Period: Nov 2024 – Oct 2025
TDnet
2025-03-14
Q1 Earnings Flash
FY ending Oct 2025
EDINET
2025-01-29
Annual Securities Report
Period: Nov 2023 – Oct 2024
EDINET
2024-06-13
Quarterly Securities Report
Period: Feb 2024 – Apr 2024
EDINET
2024-03-15
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2024-01-30
Annual Securities Report
Period: Nov 2022 – Oct 2023
EDINET
2023-09-12
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINETAmended
2023-08-10
Amended Annual Securities Report
Period: Nov 2021 – Oct 2022
EDINET
2023-06-13
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-03-13
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINETAmended
2023-02-09
Amended Annual Securities Report
Period: Nov 2021 – Oct 2022
EDINET
2023-01-30
Annual Securities Report
Period: Nov 2021 – Oct 2022
EDINET
2022-09-14
Quarterly Securities Report
EDINET
2022-06-14
Quarterly Securities Report
EDINET
2022-03-15
Quarterly Securities Report
EDINET
2022-01-28
Annual Securities Report
EDINET
2021-09-14
Quarterly Securities Report
EDINET
2021-06-11
Quarterly Securities Report
EDINET
2021-03-16
Quarterly Securities Report
EDINET
2021-01-28
Annual Securities Report
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