Overview
Wholesale Trade

Shinsho Corporation

Shinsho Corporation is a specialized trading company operating across five core business segments: steel, aluminum & copper, raw materials, machinery, and welding. The company handles a broad range of products including steel materials, non-ferrous metals, industrial raw materials (iron ore, coal, scrap), compressors, rubber/tire machinery, welding materials and robotic systems. It serves diverse industrial end-markets including steel manufacturing, automotive, chemicals, and construction, leveraging its close affiliation with the Kobe Steel Group.

Market Cap
¥79.7B
US$508M
EV
¥86.0B
US$548M
Stock¥3,015▼-1.31%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.7
x
LTM EV/EBIT
6.2
x
LTM PER
9.0
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+5.7%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 7, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
79.7BUS$508MMarket Cap58.5BUS$373M+ Debt16.6BUS$106M− Cash37.7BUS$241M− Inv. Sec.2.09BUS$13.3M+ NCI86.0BUS$548MEV
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Performance & Balance
Revenue 5Y (¥B)
494US$3.15B'22/3585US$3.73B'23/3591US$3.77B'24/3617US$3.94B'25/3608US$3.88B'26/3
EBITDA 5Y (¥B)
11.5US$73.5M'22/315.0US$95.5M'23/314.8US$94.4M'24/314.9US$94.8M'25/313.1US$83.3M'26/3
Net Income 5Y (¥B)
7.14US$45.5M'22/39.20US$58.6M'23/39.11US$58.1M'24/38.56US$54.6M'25/38.29US$52.8M'26/3
Capital Structure
64%
36%
EquityD/E 0.57xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
46.6US$297M66.5US$424M'22/346.7US$298M63.6US$405M'23/353.0US$338M60.8US$387M'24/354.0US$344M61.6US$393M'25/352.4US$334M53.8US$343M'26/3
Shareholders
Top 10 hold 62.2%
1
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, Kobe Steel,Ltd. Account)
21.53%
2
Kobe Steel,Ltd.
13.32%
3
Business Partners' Stock Ownership Association
7.87%
4
The Master Trust Bank of Japan, Ltd. (Trust Account)
7.17%
5
Custody Bank of Japan, Ltd. (Trust Account)
4.95%
6
Shinsho Corporation Employee Stock Ownership Association
2.35%
7
SINFONIA TECHNOLOGY CO.,LTD.
1.69%
8
DFA INTL SMALL CAP VALUE PORTFOLIO (Standing Proxy: Citibank, N.A.)
1.29%
9
Tojiro ASHIDA
1.15%
10
Mizuho Trust & Banking Co., Ltd. (Retirement Benefit Trust, KOBELCO WIRE COMPANY,LTD. Account)
0.91%
Management
9 officers
Hironobu TAKASHITA
Representative Director, President
Joined the Company in Apr 1990 Executive Officer of the Company in Jun 2021 Representative Director, President of the Company in Jun 2024 (current)
1966-12-21
Masato ADACHI
Representative Director
Joined the Company in Apr 1986 Executive Officer of the Company in Jun 2016 Managing Executive Officer of the Company in Jun 2019 Director, Senior Managing Executive Officer of the Company in Jun 2022 Representative Director, Senior Managing Executive Officer of the Company in Jun 2023 (current)
1961-12-05
Yuji MIHARA
Representative Director
Joined Kobe Steel, Ltd. in Apr 1990 Executive Officer of Kobe Steel, Ltd. in Apr 2020 Managing Executive Officer of the Company in Apr 2025 Senior Managing Executive Officer of the Company in Apr 2026 Representative Director, Senior Managing Executive Officer of the Company in Jun 2026 (current)
1967-12-19
Shinji URADE
Director
Joined the Company in Apr 1986 Executive Officer of the Company in Jun 2019 Managing Executive Officer of the Company in Jun 2023 Director, Managing Executive Officer of the Company in Jun 2024 Director, Senior Managing Executive Officer of the Company in Jun 2026 (current)
1963-10-01
Atsushi TAKAHASHI
Director
Joined the Company in Apr 1991 Executive Officer of the Company in Jun 2022 Director, Executive Officer of the Company in Jun 2024 Director, Managing Executive Officer of the Company in Jun 2025 (current)
1967-06-14
Yoshio TANO
Director (Non-Executive)
Joined Yamaha Motor Co., Ltd. in Apr 1979 Joined IBM Japan, Ltd. in Nov 1984 Executive Officer of Kobelco Systems Corporation in Jan 2014 Senior Managing Director of Kobelco Systems Corporation in Apr 2015 Representative Director, President of Kobelco Systems Corporation in Apr 2017 Representative of Assured Business Consulting in Apr 2022 (current) Director of the Company in Jun 2022 (current) Director (Non-Executive) of N&C IT Partners Co., Ltd. in Mar 2023 (current)
1957-03-26
Yasuyuki WATANABE
Director, Full-time Audit and Supervisory Committee Member
Joined the Company in Apr 1987 Executive Officer of the Company in Jun 2018 Director, Managing Executive Officer of the Company in Jun 2021 Director, Full-time Audit and Supervisory Committee Member of the Company in Jun 2024 (current)
1963-11-14
Hiroko KANEKO
Director, Audit and Supervisory Committee Member (Non-Executive)
Registered as an attorney in Apr 1997 Joined Matsuo Sogo Law Office in Apr 1998 (current) Registered as a New York State attorney in Mar 2006 Auditor of the Company in Jun 2019 Director (Non-Executive) of Kibun Foods Inc. in Jun 2023 (current) Director, Audit and Supervisory Committee Member (Non-Executive) of the Company in Jun 2024 (current)
1964-10-15
Miyuki NAKAGAWA
Director, Audit and Supervisory Committee Member (Non-Executive)
Joined Asahi & Co. (now Azusa Audit Corporation) in Oct 1995 Registered as a Certified Public Accountant in Apr 1999 Representative of Miyuki Nakagawa CPA Office in Sep 2018 (current) Representative Member of Mirai Accounting Research LLC in Apr 2019 (current) Director (Non-Executive) of Nankai Tatsumura Construction Co., Ltd. in Jun 2021 (current) Director of the Company in Jun 2022 Director, Audit and Supervisory Committee Member (Non-Executive) of the Company in Jun 2024 (current)
1970-01-15
Large Shareholding Reports
Jinsho Business Partners Shareholding Association, Chairman Masaru FUKUDA
2026-10-02
8.69%→0.00%
Jinsho Business Partners Shareholding Association, Chairman Yoshiyuki TSUJIBAYASHI
2026-10-02
7.95%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-02
Large Shareholding Report
EDINET
2026-10-02
Large Shareholding Report
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-05
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-06
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
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
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
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
2022-06-24
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
2021-06-25
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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