Overview
Wholesale Trade

TSUBAKIMOTO KOGYO CO.,LTD.

Tsubakimoto Kogyo (TSUBACO) is a specialized trading and engineering company operating across four core segments: power transmission components (mechanical parts sales), factory automation and material handling equipment (conveying systems, cleaning systems, and turnkey line design), industrial materials (nonwoven fabrics and processing machinery), and sensing/inspection systems (image processing and thermal measurement). The company provides integrated solutions from product procurement and customization through to facility design, installation, and after-sales maintenance. Its competitive strength lies in combining a broad domestic and international product network with in-house engineering capability, enabling total factory design and supply chain construction for customers across manufacturing, semiconductor, food, and logistics industries.

Market Cap
¥54.7B
US$349M
EV
¥6.55B
US$41.7M
Stock¥2,977▲+0.78%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
1.0
x
LTM EV/EBIT
1.0
x
LTM PER
11.2
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-11.5%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 4, 25Interim earnings disappointment
2Aug 3, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
54.7BUS$349MMarket Cap0.00BUS$0.00M+ Debt27.3BUS$174M− Cash21.1BUS$135M− Inv. Sec.0.27BUS$1.70M+ NCI6.55BUS$41.7MEV
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Performance & Balance
Revenue 5Y (¥B)
96.9US$618M'22/3108US$689M'23/3114US$724M'24/3124US$793M'25/3131US$836M'26/3
EBITDA 5Y (¥B)
4.57US$29.1M'22/35.27US$33.6M'23/35.48US$34.9M'24/36.33US$40.4M'25/36.86US$43.7M'26/3
Net Income 5Y (¥B)
3.18US$20.3M'22/33.67US$23.4M'23/34.00US$25.5M'24/34.69US$29.9M'25/35.02US$32.0M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
26.9US$171M'22/332.8US$209M'23/341.5US$265M'24/344.4US$283M'25/343.1US$275M'26/3
Shareholders
Top 10 hold 48.2%
1
TSUBAKIMOTO CHAIN CO.
10.82%
2
Taiyo Life Insurance Company
8.79%
3
NORTHERN TRUST CO.(AVFC) RE IEDP AIF CLIENTS NON TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
6.83%
4
The Master Trust Bank of Japan, Ltd. (Trust Account)
5.90%
5
Kotsu K.K. Investment Limited Partnership (Unlimited Liability Partner: Kotsu Co., Ltd.)
4.26%
6
Custody Bank of Japan, Ltd. (Trust Account)
2.80%
7
Nippon Life Insurance Company
2.44%
8
Sumitomo Mitsui Banking Corporation
2.32%
9
MUFG Bank, Ltd.
2.29%
10
Employee Stock Ownership Association
1.76%
Management
11 officers
Tetsuya TSUBAKIMOTO
Representative Director, Chairman and CEO
As stated in item 1.
1955-03-11
Shoji KODA
Representative Director, President and COO; in charge of Overseas Business
As stated in item 1.
1958-11-08
Hiroshi KASUBE
Director, Senior Managing Executive Officer; General Supervisor, Administration
Apr 1972 Joined the Company Jul 2003 General Manager, Information Management Department Oct 2009 Executive Officer Jun 2010 Executive Officer, in charge of Finance Jun 2011 Director, Executive Officer Oct 2011 Director, Executive Officer; Deputy General Manager, Administration Division Jun 2016 Director, Managing Executive Officer; General Supervisor, Administration; General Manager, Administration Division; in charge of Internal Audit Jun 2018 Director, Senior Managing Executive Officer; General Supervisor, Administration; General Manager, Administration Division; in charge of Internal Audit and Compliance Jun 2022 Director, Senior Managing Executive Officer; General Supervisor, Administration; General Manager, Administration Division; in charge of Internal Audit, Legal and Credit Risk Management, Public Relations, Internal Control, Risk Management and Compliance Jun 2023 Director, Senior Managing Executive Officer; General Supervisor, Administration; General Manager, Administration Division; in charge of Internal Audit, Legal and Credit Risk Management, Public Relations, Sustainability, Internal Control, Risk Management and Compliance Jun 2024 Director, Senior Managing Executive Officer; General Supervisor, Administration; in charge of Internal Audit, Public Relations, Sustainability, Internal Control, Risk Management and Compliance Apr 2026 Director, Senior Managing Executive Officer; General Supervisor, Administration; in charge of Internal Audit, Sustainability, Internal Control, Risk Management and Compliance Jun 2026 Director, Senior Managing Executive Officer; General Supervisor, Administration; in charge of Sustainability, Internal Control and Risk Management (current)
1949-09-08
Takuichi FUJISHIGE
Director, Senior Managing Executive Officer; General Supervisor, Sales; General Supervisor, Development Strategy; General Manager, Development Strategy Division
As stated in item 1.
1956-11-17
Yumiko YASUHARA
Outside Director
Dec 2012 Registered as attorney-at-law, Osaka Bar Association Joined Takeyama Law Office Jun 2022 Outside Director of the Company Jun 2026 Outside Director of the Company; in charge of Compliance (current)
1983-11-30
Naomichi YAMAMOTO
Director
As stated in item 1.
1968-11-18
Osamu OKAWARA
Full-time Audit and Supervisory Board Member
As stated in item 1.
1950-07-02
Shinichiro YAMANO
Full-time Audit and Supervisory Board Member
As stated in item 1.
1962-10-16
Hitoshi KOBAYASHI
Full-time Audit and Supervisory Board Member
As stated in item 1.
1956-02-14
Koji SUZUKI
Outside Director
Apr 1979 Joined NEC Corporation Apr 2011 Executive Officer (West Japan), NEC Corporation Apr 2017 Executive Officer, Government and Public Sector, NCS & A Co., Ltd. Apr 2020 Executive Officer, Sales, TIZA Inc. Apr 2022 Outside Director, MBP Japan Inc. Jun 2026 Outside Director of the Company (current)
1957-03-29
Tetsuya YAMAMOTO
Audit and Supervisory Board Member (Part-time)
As stated in item 1.
1955-03-29
Large Shareholding Reports
Sumitomo Mitsui Banking Corporation
2026-04-07
2.21%→2.21%
Annual report (as of 2026-03-31): 2.32%
Sumitomo Mitsui Trust Bank, Limited
2026-04-06
2.90%→1.45%
SMBC Nikko Securities Inc.
2026-03-23
2.97%
MUFG Bank, Ltd.
2026-01-19
3.60%→2.56%
Annual report (as of 2026-03-31): 2.29%
Sumitomo Mitsui Trust Bank, Limited
2025-09-04
2.90%→2.90%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-07
Large Shareholding Report
EDINET
2026-04-06
Large Shareholding Report
EDINET
2026-03-23
Large Shareholding Report
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-19
Large Shareholding Report
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-04
Large Shareholding Report
TDnet
2025-07-25
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-26
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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