Liquidation-designated · Scheduled delisting: 2026-10-29 JPX notice
Overview
Wholesale Trade

Shinko Shoji Co.,Ltd.

Shinko Shoji is a specialized electronics trading company that sources and distributes a broad range of electronic components—including semiconductors (microcontrollers, system LSIs, memory), connectors, switches, capacitors, liquid crystal displays, and embedded computing products—to domestic and international customers across automotive, industrial, amusement, energy, and AI/DX markets. The company also provides assembly (EMS/ODM) services, design and development support, and logistics solutions, leveraging its global procurement network to deliver value-added services beyond simple distribution. Its competitive strengths lie in deep technical expertise, solution-based selling across multiple vertical markets, and an established international supply chain spanning Asia, North America, and Europe.

Market Cap
¥44.8B
US$285M
EV
¥15.3B
US$97.4M
Stock¥1,569▲+0.13%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
9.7
x
LTM EV/EBIT
11.3
x
LTM PER
40.8
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+29.7%pt
10012345
Oct 23, 25 – Oct 23, 26StockTOPIX
1Nov 12, 25Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (0.62%→1.75%)
2Jan 16, 26Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (1.75%→2.81%)
3Feb 9, 26Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (2.81%→3.45%)
4Mar 30, 26Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (3.45%→5.08%)
5Apr 2, 26Former Murakami Fund group (City Index Eleventh, Reno, Minami… changed stake (5.08%→6.41%)
MC → EV Bridge
44.8BUS$285MMarket Cap4.59BUS$29.2M+ Debt29.5BUS$188M− Cash5.53BUS$35.2M− Inv. Sec.0.91BUS$5.81M+ NCI15.3BUS$97.4MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
135US$861M'22/3179US$1.14B'23/3176US$1.12B'24/3116US$739M'25/399.1US$631M'26/3
EBITDA 5Y (¥B)
4.49US$28.6M'22/37.46US$47.5M'23/35.25US$33.4M'24/30.99US$6.28M'25/31.48US$9.40M'26/3
Net Income 5Y (¥B)
2.82US$18.0M'22/34.71US$30.0M'23/33.19US$20.3M'24/30.51US$3.22M'25/31.13US$7.18M'26/3
Capital Structure
92%
EquityD/E 0.09xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
13.8US$88.0M11.2US$71.6M'22/314.4US$91.6M17.8US$113M'23/317.9US$114M17.5US$111M'24/334.7US$221M10.1US$64.6M'25/336.6US$233M5.36US$34.1M'26/3
Shareholders
Top 10 hold 49.7%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.16%
2
Jun NOMURA (Standing Proxy: Mita Securities Co., Ltd.)
9.69%
3
City Index First Co., Ltd.
6.90%
4
Restar Corporation
5.23%
5
Yugen Kaisha Kitai & Company
4.96%
6
Custody Bank of Japan, Ltd. (Trust Account E)
3.59%
7
Akio KITAI
3.26%
8
EUROPEAN DEPOSITARY BANK SA-DUBLIN - BUTTERMERE DEEP VALUE FUND LIMITED (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.28%
9
Custody Bank of Japan, Ltd. (Trust Account)
1.88%
10
KAGA ELECTRONICS CO.,LTD.
1.74%
Management
11 officers
Tatsuya OGAWA
Representative Director, President
Apr 1986 Joined the Company Nov 1996 President, NOVALUX EUROPE LTD. (seconded) Apr 2006 President, NOVALUX HONG KONG ELECTRONICS LIMITED (seconded) Jun 2008 Appointed Director of the Company Apr 2013 Appointed Representative Director, President of the Company Apr 2026 Representative Director, President of the Company; in charge of Internal Audit Office, Business Strategy Office, and Embedded Solutions Sales Department (current)
1963-12-17
Katsuhiro HOSONO
Managing Director
Apr 1989 Joined the Company Apr 2007 General Manager, Nagoya Branch, the Company Jun 2014 Appointed Director of the Company Apr 2026 Managing Director of the Company; overseeing Sales Division and Development & Engineering Division; in charge of Sales Department No. 1, Chubu-Tokai Block, Amusement Sales Department, and Electronic Components Sales Promotion Department (current)
1966-08-23
Osamu ISSHIKI
Managing Director
Apr 1986 Joined The Bank of Yokohama, Ltd. Oct 2009 Manager, Market Operations Department, The Bank of Yokohama, Ltd. May 2012 Manager, ALM Department, Corporate Planning Department, The Bank of Yokohama, Ltd. Apr 2017 Chief Manager, Corporate Planning Department, Concordia Financial Group, Ltd. (seconded) Jan 2019 Joined the Company Jun 2019 Appointed Director of the Company Apr 2026 Managing Director of the Company; overseeing Administration Division; in charge of Corporate Planning & Human Resources Department, Systems Office, General Affairs Department, Accounting Department, Logistics Department, and domestic subsidiaries (current)
1964-03-28
Katsuei KOBAYASHI
Director
Apr 1990 Joined NEC Corporation Jul 2000 NEC Electronics Inc. (seconded) Apr 2011 Senior Manager, Automotive Control Systems Department, Automotive Systems Division, Renesas Electronics Corporation Jun 2013 Joined the Company Jun 2019 Appointed Director of the Company Apr 2024 Director of the Company; in charge of Solutions Technology Departments No. 1, No. 2, and No. 3 (current)
1966-09-19
Kunihiro INOUE
Director
Apr 1988 Joined the Company Apr 2006 General Manager, Osaka Branch, the Company Apr 2009 General Manager, West Japan Block, the Company Apr 2016 President, SHINKO (PTE) LTD. (seconded) Jun 2020 Appointed Director of the Company Apr 2026 Director of the Company; in charge of West Japan Block, Electrical Equipment Sales Department, Sales Support Office, and overseas subsidiaries; General Manager, Overseas Sales Promotion Department (current)
1965-10-11
Masanori ISHIDO
Director
Apr 1989 Joined the Company Apr 2008 General Manager, Chiba Branch, the Company Apr 2011 President, Rakuhōraku (Shanghai) Trading Co., Ltd. (seconded) Jun 2021 Appointed Director of the Company Apr 2026 Director of the Company; in charge of Sales Department No. 2, East Japan Block, Koshinetsu Block, and EMS Promotion Department (current)
1967-02-16
Tatsuetsu YOSHIIKE
Director
Apr 1975 Joined Hioki E.E. Corporation Mar 1995 Appointed Director and General Manager, Sales Department, Hioki E.E. Corporation Mar 1997 Appointed Director and Managing Executive Officer, General Manager, Sales Department, Hioki E.E. Corporation Mar 2003 Appointed Director and Managing Executive Officer, General Manager, General Affairs Department, Hioki E.E. Corporation Mar 2005 Appointed President and Representative Director, Hioki E.E. Corporation Feb 2013 Appointed Chairman of the Board, Hioki E.E. Corporation Feb 2015 Resigned as Director, Hioki E.E. Corporation Jun 2015 Appointed Outside Director, CHINO Corporation Jun 2016 Appointed Outside Director of the Company (current)
1952-05-09
Fumitaka YUGE
Director, Audit and Supervisory Committee Member
Apr 1984 Joined the Company Apr 1998 President, NOVALUX HONG KONG ELECTRONICS LIMITED (seconded) Apr 2008 President, NT Hanbai Co., Ltd. (seconded) Jun 2013 Appointed Director of the Company Jun 2020 Appointed Standing Audit & Supervisory Board Member of the Company Jun 2022 Appointed Director and Full-time Audit and Supervisory Committee Member of the Company (current)
1960-08-01
Toshihiko ISHIHARA
Director, Audit and Supervisory Committee Member
Apr 1976 Joined Fuji Electric Co., Ltd. Apr 2011 Executive Officer and General Manager, Human Resources Office, Fuji Electric Co., Ltd. Jun 2013 Full-time Audit & Supervisory Board Member, Fuji Electric Co., Ltd. Jun 2017 Advisor, Fuji Electric Co., Ltd. Jun 2018 Retired as Advisor, Fuji Electric Co., Ltd. Jun 2019 Appointed Outside Audit & Supervisory Board Member of the Company Jun 2022 Appointed Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1952-11-30
Yoshiteru SAKAMAKI
Director, Audit and Supervisory Committee Member
Sep 2013 Passed the National Bar Examination Nov 2014 Completed the Legal Training and Research Institute of the Supreme Court Dec 2014 Registered as attorney-at-law (Tokyo Bar Association) Dec 2014 Joined Sakamaki Sakai Law Office (current) Jun 2020 Appointed Outside Audit & Supervisory Board Member of the Company Jun 2022 Appointed Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1980-06-26
Kazue TANAKA
Director, Audit and Supervisory Committee Member
Sep 1985 Joined KPMG Peat Marwick (now KPMG Tax Corporation) Dec 1985 Passed the Certified Public Tax Accountant Examination Aug 1988 Joined Koji Otake Tax Accountant Office Jun 1993 Registered as Certified Public Tax Accountant Jan 2020 Established Kazue Tanaka Tax Accountant Office (current) Jun 2023 Appointed Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1960-09-04
Large Shareholding Reports
Mizuho Securities Co., Ltd.
2026-10-22
3.52%
Kaga Electronics Co., Ltd.
2026-08-05
69.18%
Annual report (as of 2026-03-31): 1.74%
Sand Grove Capital Management LLP
2026-06-22
5.00%→6.12%
Sand Grove Capital Management LLP
2026-06-15
5.00%
City Index First Co., Ltd.
2026-06-03
6.40%→4.53%
Annual report (as of 2026-03-31): 6.90%
City Index First Co., Ltd.
2026-06-02
6.40%→6.40%
Annual report (as of 2026-03-31): 6.90%
City Index First Co., Ltd.
2026-06-01
6.40%→6.40%
Annual report (as of 2026-03-31): 6.90%
City Index First Co., Ltd.
2026-05-28
6.40%→6.40%
Annual report (as of 2026-03-31): 6.90%
Aya NOMURA
2026-05-27
9.25%→6.96%
Yugen Kaisha Kitai & Company
2026-05-26
3.87%→4.74%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-03-31): 4.96%
Yugen Kaisha Kitai & Company
2026-05-25
3.87%→4.74%
Annual report (as of 2026-03-31): 4.96%
Aya NOMURA
2026-04-02
9.25%→9.25%
Aya Nomura
2026-03-30
9.25%→9.25%
Aya NOMURA
2026-02-09
9.25%→9.25%
Aya NOMURA
2026-01-16
9.25%→9.25%
Aya NOMURA
2025-11-12
9.25%→9.25%
Discerene Group LP
2025-10-24
5.13%→4.07%
Discerene Group LP
2025-10-07
6.15%→5.13%
Aya NOMURA
2025-10-03
7.15%→9.25%
Discerene Group LP
2025-09-16
7.16%→6.15%
Mizuho Trust & Banking Co., Ltd.
2025-09-05
3.47%
Discerene Group LP
2025-09-04
6.11%→7.16%
Discerene Group LP
2025-08-26
7.21%→6.11%
Aya NOMURA
2025-04-18
6.06%→7.15%
―
2025-01-06
5.04%→6.06%
―
2024-09-13
5.04%
―
2022-06-29
5.27%→0.00%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-22
Large Shareholding Report
EDINET
2026-08-05
Large Shareholding Report
EDINET
2026-08-04
公開買付報告書
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-07-17
訂正意見表明報告書
EDINETAmended
2026-07-17
訂正公開買付届出書
EDINETAmended
2026-07-14
訂正意見表明報告書
EDINETAmended
2026-07-14
訂正公開買付届出書
EDINETAmended
2026-06-30
訂正公開買付届出書
EDINET
2026-06-29
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-06-26
訂正公開買付届出書
EDINETAmended
2026-06-26
訂正意見表明報告書
EDINET
2026-06-22
Large Shareholding Report
EDINET
2026-06-15
Large Shareholding Report
EDINET
2026-06-03
Large Shareholding Report
EDINET
2026-06-02
Large Shareholding Report
EDINET
2026-06-01
Large Shareholding Report
EDINET
2026-05-28
Large Shareholding Report
EDINET
2026-05-27
Large Shareholding Report
EDINETAmended
2026-05-26
Change Report
EDINET
2026-05-25
Large Shareholding Report
EDINET
2026-05-18
公開買付届出書
EDINET
2026-05-18
意見表明報告書
EDINET
2026-04-02
Large Shareholding Report
EDINET
2026-03-30
Large Shareholding Report
EDINET
2026-02-09
Large Shareholding Report
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-16
Large Shareholding Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-11-12
Large Shareholding Report
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