Overview
Retail Trade

HASEGAWA CO.,LTD.

Hasegawa Co., Ltd. is a leading Japanese retailer of Buddhist altars (butsudan), Buddhist accessories, and gravestones, operating company-owned stores across Eastern and Western Japan as well as e-commerce channels. The company offers both traditional and lifestyle-oriented products, including original in-house developed items and collaborative products, while also conducting wholesale to specialty retailers nationwide. Beyond its core religious goods business, the company provides temple interior design and cultural property restoration services, indoor memorial services, and a Peaceful Life Support business offering consultation on inheritance, estate clearance, and real estate matters.

Market Cap
¥5.40B
US$34.5M
EV
¥6.82B
US$43.5M
Stock¥297▲+0.68%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.7
x
LTM EV/EBIT
11.4
x
LTM PER
33.1
x
LTM PBR
0.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-28.5%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
5.40BUS$34.5MMarket Cap4.51BUS$28.8M+ Debt1.97BUS$12.6M− Cash1.12BUS$7.17M− Inv. Sec.6.82BUS$43.5MEV
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Performance & Balance
Revenue 5Y (¥B)
19.8US$126M'22/321.6US$138M'23/321.3US$136M'24/321.2US$135M'25/321.1US$135M'26/3
EBITDA 5Y (¥B)
1.53US$9.73M'22/31.98US$12.6M'23/31.84US$11.7M'24/31.48US$9.45M'25/31.04US$6.64M'26/3
Net Income 5Y (¥B)
0.71US$4.51M'22/31.15US$7.36M'23/31.06US$6.75M'24/30.91US$5.77M'25/30.29US$1.86M'26/3
Capital Structure
73%
27%
EquityD/E 0.36xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
4.16US$26.5M4.38US$27.9M'22/33.36US$21.4M2.90US$18.5M'23/32.65US$16.9M2.36US$15.1M'24/32.12US$13.5M3.62US$23.1M'25/33.47US$22.1M4.66US$29.7M'26/3
Shareholders
Top 10 hold 58.0%
1
Hasegawa Kosan Co., Ltd.
20.85%
2
Yuichi HASEGAWA
12.01%
3
Yasuo YOSHINO
6.19%
4
The Nishi-Nippon City Bank, Ltd.
4.76%
5
HASEGAWA CO.,LTD. Employee Stock Ownership Association
4.20%
6
The Bank of Fukuoka, Ltd.
3.69%
7
Horyu Co., Ltd.
2.42%
8
Motoko HASEGAWA
1.53%
9
Meiji Yasuda Life Insurance Company
1.36%
10
Nippon Life Insurance Company
1.02%
Management
9 officers
Sanshiro NIIGAI
Representative Director, President
Apr 1986 Joined the Company Jan 1998 General Manager, Tokai Business Division Apr 2002 General Manager, Tokyo Planning and General Affairs Department Nov 2005 General Manager, Logistics Management Department Apr 2009 Managing Officer, General Manager, Development Department, Funeral Business Group Apr 2010 Managing Officer, General Manager, Marketing Department, Sales Group Apr 2011 Managing Officer, General Manager, Tokyo Sales Department, Marketing Group Jun 2013 Executive Officer, General Manager, Tokyo Sales Department, Marketing Group Jun 2014 Executive Officer, General Manager, Grave Development Department, Temple and Seiseki Group Apr 2017 Executive Officer, General Manager, Alliance Promotion Department, Marketing Group Apr 2020 Executive Officer, Head of Sales Group Jun 2020 Director, Senior Executive Officer, Head of Sales Group Jan 2021 Representative Director, President, Head of Sales Group Apr 2024 Representative Director, President, Head of Sales Group; in charge of Business Development Department Oct 2024 Chairman of the Board, Gendai Butsudan Co., Ltd. (current) Apr 2025 Representative Director, President, the Company (current)
1963-08-19
Yasufumi NAKATANI
Senior Managing Director, Executive Officer, Head of Corporate Planning Group
Apr 1983 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Nov 2012 Joined the Company; Executive Officer, Deputy Head of Temple and Seiseki Group Jun 2013 Executive Officer, Deputy Head of Temple and Seiseki Group; concurrently General Manager, Indoor Storage Development Department Apr 2014 Executive Officer, Deputy Head of Temple and Seiseki Group; concurrently General Manager, Indoor Cemetery Department Jun 2014 Director, Executive Officer, Head of Temple and Seiseki Group Apr 2016 Director, Executive Officer, Deputy Head of Marketing Group Apr 2017 Director, Executive Officer, Head of Sales Support Group Jun 2019 Managing Director, Senior Executive Officer, Head of Sales Support Group Jun 2020 Managing Director, Senior Executive Officer, Head of Merchandise Group; concurrently in charge of Store Development Department Jan 2021 Managing Director, Senior Executive Officer, Head of Merchandise Group; concurrently Head of Sales Planning Group Jun 2021 Managing Director, Executive Officer, Head of Merchandise Group; concurrently Head of Sales Planning Group Apr 2022 Senior Managing Director, Executive Officer, Head of Sales Planning Group; concurrently in charge of CRM Project Apr 2023 Senior Managing Director, Executive Officer, Head of Sales Planning Group; concurrently Head of Sales Support Group; concurrently in charge of Business Development Department Apr 2024 Senior Managing Director, Executive Officer, Head of Sales Support Group Apr 2025 Senior Managing Director, Executive Officer, Head of Corporate Planning Group (current)
1959-11-16
Tetsuji ENOMOTO
Managing Director, Executive Officer, Head of Merchandise and Seiseki Group
Apr 1984 Joined the Company Apr 2002 General Manager, Tokyo Seiseki Development Department Apr 2004 General Manager, Seiseki Development Department Jun 2007 Executive Officer, Deputy Head of Seiseki Division; concurrently General Manager, Seiseki Development Department and Seiseki Design Department Jul 2008 Executive Officer, Deputy Head of Seiseki Group; concurrently General Manager, Seiseki Development Department and Seiseki Design Department Apr 2009 Executive Officer, General Manager, Chiba Sales Department; concurrently General Manager, Seiseki Department, Seiseki Group Jun 2012 Executive Officer, General Manager, Seiseki Department, Temple and Seiseki Group Jun 2014 Executive Officer, Deputy Head of Temple and Seiseki Group; concurrently General Manager, Seiseki Department Apr 2016 Executive Officer, Head of Temple and Seiseki Group; concurrently General Manager, Seiseki Department Apr 2019 Executive Officer, Head of Temple and Seiseki Group; concurrently in charge of Sales Group and Alliance Promotion Department Jun 2019 Director, Senior Executive Officer, Head of Temple and Seiseki Group; concurrently in charge of Sales Group and Alliance Promotion Department Apr 2020 Director, Senior Executive Officer, Head of Temple and Seiseki Group Jan 2021 Director, Senior Executive Officer, Head of Temple and Seiseki Group; concurrently in charge of Store Development Department Jun 2021 Director, Executive Officer, Head of Temple and Seiseki Group; concurrently in charge of Store Development Department Apr 2022 Director, Executive Officer, Head of Merchandise Group; concurrently Head of Temple and Seiseki Group Apr 2023 Managing Director, Executive Officer, Head of Merchandise Group; concurrently Head of Temple and Seiseki Group Apr 2025 Managing Director, Executive Officer, Head of Merchandise and Seiseki Group (current)
1961-09-26
Gakuji TAMURA
Director, Executive Officer, Head of Sales Group
Apr 1993 Joined the Company Apr 2001 General Manager, Tokyo Third Sales Department Apr 2011 General Manager, Seiseki Sales Department Jul 2014 Managing Officer, attached to Marketing Group Oct 2015 Managing Officer, General Manager, Alliance Promotion Department Jul 2018 Executive Officer, General Manager, Tokyo Sales Department Apr 2022 Executive Officer, General Manager, Seiseki Department Apr 2024 Executive Officer, Deputy Head of Temple and Seiseki Group; concurrently General Manager, Seiseki Department Apr 2025 Executive Officer, Head of Sales Group Jun 2025 Director, Executive Officer, Head of Sales Group (current)
1969-08-31
Masayasu CHAKI
Director
Apr 1969 Joined Japan Real Estate Bank, Ltd. (now Aozora Bank, Ltd.) Jun 1992 Director, Tokyo Branch Manager, Japan Real Estate Bank, Ltd. Jun 1996 Managing Director, Japan Real Estate Bank, Ltd. Jun 1998 Senior Managing Director, Japan Real Estate Bank, Ltd. Nov 2000 Senior Managing Executive Officer, Sanyo Shinpan Finance Co., Ltd. Jul 2003 CEO, Fitch Ratings Japan Jun 2006 Representative Director, President, Fukuoka Realty Co., Ltd. Jul 2006 Executive Officer, Fukuoka REIT Investment Corporation Jun 2012 Outside Director, the Company (current) Jun 2014 Senior Adviser, Falcon Consulting Co., Ltd. (current) Jun 2015 Outside Director, Message Co., Ltd. (now SOMPO Care Inc.) Apr 2018 Outside Director (Audit and Supervisory Committee Member), CB Holdings Co., Ltd. Jun 2018 Outside Director, Tohto Suisan Co., Ltd.
1946-07-17
Akira NOKINA
Director
Apr 1982 Joined Nikko Securities Co., Ltd. (now SMBC Nikko Securities Inc.) Feb 2005 Director, in charge of Direct Marketing, Nikko Cordial Securities Inc. (now SMBC Nikko Securities Inc.) Oct 2009 Managing Executive Officer, Head of East Japan and Tokyo Metropolitan Area Eastern Headquarters, Nikko Cordial Securities Inc. Apr 2011 Managing Executive Officer, Corporate Coverage Head for West Japan and Kinki, SMBC Nikko Securities Inc. Mar 2014 Senior Managing Director, General Manager of Sales and Head of General Corporate Headquarters, SMBC Nikko Securities Inc. Apr 2016 Chairman and Representative Director, Nikko System Solutions Co., Ltd. Jun 2017 Outside Director, Japan Post Co., Ltd. Jun 2018 Deputy President and Representative Director, Joko Securities Co., Ltd. (now Hokuyo Securities Co., Ltd.) Jul 2018 Outside Director, Business Coach Co., Ltd. (current) Jan 2019 Outside Director, O-Hara Inc. (current) Jun 2019 Chairman and Representative Director, Hokuyo Securities Co., Ltd. Jun 2022 Outside Director, the Company (current) Sep 2025 Outside Director, Green Monster Co., Ltd. (current) May 2026 Counselor, Japan Post Holdings Co., Ltd. (current)
1958-01-20
Yoshihiro WADA
Full-time Corporate Auditor
Apr 1994 Joined the Company; Accounting Department, Staff May 2008 Human Resources Department, Staff Apr 2011 Store Manager, Ichikawa Store, Chiba First Area Apr 2014 Team Leader, Planning Team, Seiseki Department, Temple and Seiseki Group Jul 2018 Staff attached to Corporate Auditors, General Affairs Department, Sales Support Group May 2019 Corporate Auditor, Tanoomi Co., Ltd. Apr 2023 General Manager, Internal Audit Office, the Company; concurrently Staff attached to Corporate Auditors, General Affairs Department, Sales Support Group Jun 2024 Full-time Corporate Auditor, the Company (current)
1971-06-17
Rika NAKAMURA
Corporate Auditor
Oct 1986 Joined Chuo Kaikei Audit Corporation Feb 1990 Registered as Certified Public Accountant Apr 1999 Joined Sakura Sogo Jimusho Co., Ltd. Dec 2000 Director, Tokyo SPC Services Co., Ltd. (current) Jan 2003 Registered as Certified Tax Accountant Sep 2008 Director, Sakura Sogo Jimusho Co., Ltd. Jun 2016 Outside Corporate Auditor, Shin-Toshi Life Holdings Co., Ltd. (current) Mar 2017 Representative Director, Sakura Sogo Jimusho Co., Ltd. Jun 2020 Outside Corporate Auditor, the Company (current) May 2021 Supervisory Officer, Hulic REIT, Inc. (current) Jul 2021 Vice President and Director, Sakura Sogo Jimusho Co., Ltd.
1963-06-01
Tamaki NISHIOKA
Corporate Auditor
Aug 2010 Registered as Attorney at Law Aug 2010 Joined Wada Law Office (now WIN Law Office) (current) Apr 2012 Member, Arbitration Center Steering Committee, Second Tokyo Bar Association (current) Oct 2019 Special Member, Central Construction Dispute Review Board, Ministry of Land, Infrastructure, Transport and Tourism (current) Jun 2022 Outside Corporate Auditor, the Company (current)
1978-12-04
Large Shareholding Reports
Hasegawa Yuichi
2026-09-17
36.34%→36.35%
Annual report (as of 2026-03-31): 12.01%
Hasegawa Kosan Co., Ltd.
2026-09-17
20.49%→20.49%
Annual report (as of 2026-03-31): 20.85%
Hasegawa Kosan Co., Ltd.
2026-09-03
20.49%→22.87%
Annual report (as of 2026-03-31): 20.85%
Disclosures
No disclosures
Primary Source Filings
EDINETAmended
2026-09-17
Change Report
EDINETAmended
2026-09-17
Change Report
EDINET
2026-09-03
Large Shareholding Report
TDnet
2026-08-12
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-06-09
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
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
2023-06-28
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
2022-06-24
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-16
Quarterly Securities Report
EDINETAmended
2021-08-13
Amended Quarterly Securities Report
EDINETAmended
2021-08-13
Amended Annual Securities Report
EDINETAmended
2021-08-13
Amended Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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