Overview
Wholesale Trade

Puequ CO.,LTD.

POEC Co., Ltd. is a diversified industrial equipment manufacturer and distributor headquartered in Fukuyama, Hiroshima, operating across three core segments: Environment & Energy, Power & Heavy Machinery, and Disaster Prevention & Safety. The company's Environment & Energy segment covers water treatment equipment (pumps, agitators), ozone-based sterilization and deodorization systems, landscape-integrated flood barriers ('SEAWALL'), and plate-and-shell heat exchangers manufactured under an exclusive license from Finland's VAHTERUS OY. Through its group companies, POEC also provides aquaculture temperature control equipment, solvent recovery and cleaning systems, industrial motor repair services, marine engine components, and sprinkler fire suppression systems, serving a broad range of industrial and municipal customers across Japan.

Market Cap
¥6.60B
US$42.1M
EV
¥11.5B
US$73.5M
Stock¥1,459▼-1.22%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.1
x
LTM EV/EBIT
15.7
x
LTM PER
8.6
x
LTM PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-39.3%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 15, 26Full-year FY2026/08 earnings announced
MC → EV Bridge
6.60BUS$42.1MMarket Cap9.20BUS$58.7M+ Debt4.19BUS$26.7M− Cash0.09BUS$0.58M− Inv. Sec.11.5BUS$73.5MEV
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Performance & Balance
Revenue 5Y (¥B)
5.81US$37.0M'22/87.05US$45.0M'23/88.37US$53.4M'24/810.1US$64.5M'25/810.3US$65.8M'26/8
EBITDA 5Y (¥B)
0.43US$2.73M'22/80.57US$3.65M'23/80.74US$4.73M'24/81.17US$7.45M'25/81.08US$6.89M'26/8
Net Income 5Y (¥B)
-0.02-US$0.15M'22/80.27US$1.69M'23/80.20US$1.24M'24/80.57US$3.65M'25/80.76US$4.87M'26/8
Capital Structure
34%
66%
EquityD/E 1.95xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.96US$12.5M4.49US$28.6M'22/83.01US$19.2M4.64US$29.6M'23/82.34US$14.9M5.80US$37.0M'24/84.60US$29.3M8.78US$56.0M'25/84.28US$27.3M9.20US$58.7M'26/8
Shareholders
Top 10 hold 32.1%
1
Tetsuji KIYAMA
13.79%
2
Toyo Gakuso Co., Ltd.
4.42%
3
Misako KIYAMA
3.02%
4
Haruo MIYAJI
2.40%
5
Masaaki KOBAYASHI
1.77%
6
Puequ CO.,LTD. Employee Stock Ownership Association
1.55%
7
Rakuten Securities, Inc.
1.55%
8
Hiroshi OKABE
1.47%
9
Sachi FUJITA
1.07%
10
Kensei-sha Co., Ltd.
1.06%
Management
13 officers
Tetsuji KIYAMA
Representative Director, Chairman
Apr 1970 Joined Kyokuto Kikai Seisakusho Co., Ltd. (current: Teral Inc.) Apr 1979 Joined Godai Sangyo Co., Ltd. Jan 1989 Founded the Company; Representative Director, President Mar 2003 Representative Director, President, Sanwa Tesco Co., Ltd. Oct 2009 Representative Director, President, Toyo Seiki Sangyo Co., Ltd. Jan 2014 Representative Director, President, AMNOS Co., Ltd. Aug 2015 Dec 2017 May 2019 Nov 2019 Nov 2019 Nov 2019 Dec 2019 Sep 2021 Sep 2021 Director and Chairman, AMNOS Co., Ltd. Director, AMNOS Co., Ltd. Director, AMNOS Korea CO., LTD. Representative Director, Chairman, the Company (current) Representative Director, Chairman, Sanwa Tesco Co., Ltd. (current) Representative Director, Chairman, Toyo Seiki Sangyo Co., Ltd. (current) Representative Director, Chairman, Kyoritsu Denki Kogyo Co., Ltd. (current) Director, Marine River Co., Ltd. (current) Representative Director, President, AS Co., Ltd. (current: PBS Co., Ltd.) Sep 2023 Apr 2024 Jul 2024 Representative Director, Chairman, PBS Co., Ltd. (current) Representative Director, Chairman, Kobex Co., Ltd. (current) Representative Director, Chairman, IS Sprinkler Co., Ltd. (current)
1947-05-21
Hiroyuki SATO
Representative Director, President
Apr 1986 Joined Nomura Securities Co., Ltd. Apr 2003 Branch Manager, Kawaguchi Branch, Nomura Securities Apr 2005 Branch Manager, Fukuyama Branch, Nomura Securities Apr 2009 Branch Manager, Shinjuku Nomura Building Branch, Nomura Securities Dec 2010 Joined Takagi Securities Co., Ltd. Apr 2015 Managing Executive Officer, in charge of Sales Division, Takagi Securities Nov 2017 Managing Executive Officer, General Manager, Investment Trust Counter Division, Takagi Securities Jul 2019 Joined H.S. Securities Co., Ltd. Jun 2020 Executive Officer, General Manager, Financial Sales Division, H.S. Securities Jun 2021 Senior Executive Officer, General Manager, Financial Sales Division, H.S. Securities May 2022 Joined the Company; General Manager, Business Strategy Office Nov 2022 Director, General Manager, Business Strategy Office, the Company Jun 2023 Director, PBS Co., Ltd. Sep 2023 Dec 2023 Dec 2024 Nov 2025 Representative Director, President, PBS Co., Ltd. Director, General Manager, Corporate Planning Department, the Company Director, Kobex Co., Ltd. (current) Representative Director, President, the Company (current)
1962-05-12
Takanori SAMUKAWA
Senior Managing Director
Apr 1982 Joined Dai Nippon Concrete Industry Co., Ltd. Aug 1988 Joined Godai Sangyo Co., Ltd. Aug 1989 Joined the Company Sep 1998 General Manager, Sales Department, the Company Oct 2002 Director, General Manager, Sales Department, the Company Mar 2003 Corporate Auditor, Sanwa Tesco Co., Ltd. Jan 2014 Managing Director, the Company Jul 2014 Senior Managing Director, the Company (current) Aug 2017 Oct 2021 Jul 2024 Director, Sanwa Tesco Co., Ltd. (current) Representative Director, President, Kyoritsu Denki Kogyo Co., Ltd. (current) Director, IS Sprinkler Co., Ltd. (current)
1960-04-17
Shunji MITANI
Managing Director, General Manager, Operations Department
Apr 1986 Joined Taniguchi Beauty Co., Ltd. Mar 1989 Joined the Company Sep 1998 General Manager, Operations Department, the Company Oct 2002 Director, General Manager, Operations Department, the Company Oct 2009 Corporate Auditor, Toyo Seiki Sangyo Co., Ltd. (current) Jul 2014 Managing Director, General Manager, Operations Department, the Company (current)
1961-05-08
Osamu MURAMOTO
Managing Director
Apr 1980 Joined Sumitomo Coal Mining Co., Ltd. Nov 1980 Joined Sanwa Tekko Co., Ltd. (current: Sanwa Tesco Co., Ltd.) Oct 2001 General Manager, First Business Division, Sanwa Tesco Mar 2003 Director, General Manager, Overall Management Division, Sanwa Tesco Sep 2005 Managing Director, General Manager, Overall Management Division, Sanwa Tesco Jun 2009 Senior Managing Director, Sanwa Tesco Aug 2015 Representative Senior Managing Director, Sanwa Tesco Sep 2017 Sep 2021 Director, the Company Representative Director, Chairman, Marine River Co., Ltd. Nov 2022 Nov 2023 Jan 2024 Representative Director, President, Sanwa Tesco Co., Ltd. (current) Managing Director, the Company (current) Director, Marine River Co., Ltd. (current)
1957-12-09
Sadayuki YOSHIMOTO
Director, General Manager, Administration Department
Sep 1987 Joined Nippon Typewriter Co., Ltd. (current: Canon Semiconductor Equipment Inc.) Feb 1989 Joined Nippon Manpower Co., Ltd. Jul 1992 Joined Fpico Co., Ltd. Aug 1993 Joined Orbis Co., Ltd. Oct 2001 Joined Daiko Tsusho Co., Ltd. Oct 2008 Joined the Company Dec 2009 General Manager, Administration Department, the Company Nov 2013 Sep 2021 Sep 2021 Director, General Manager, Administration Department, the Company (current) Director, Marine River Co., Ltd. (current) Corporate Auditor, Sanwa Tesco Co., Ltd. (current) Jun 2023 Dec 2023 May 2024 Director, PBS Co., Ltd. (current) Director, Kyoritsu Denki Kogyo Co., Ltd. (current) Director, Kobex Co., Ltd. (current)
1963-02-12
Shin OUE
Director
Apr 1997 Registered as attorney-at-law; joined Yamashita Law Office Apr 1999 Principal, Oue Law Office (current) Apr 2007 Vice President, Hiroshima Bar Association Nov 2018 Director, the Company (current)
1966-06-20
Masuhisa HONGA
Full-time Corporate Auditor
Apr 1985 Joined Tomo Credit Union (current: Shimanami Shinkin Bank) May 2018 Joined the Company Nov 2018 Full-time Corporate Auditor, the Company (current)
1961-09-15
Toshihiro SOGAWA
Corporate Auditor
Nov 2002 Joined Shin Nihon & Co. (current: EY Shin Nihon LLC) Jul 2006 Registered as Certified Public Accountant Jul 2014 Principal, Sogawa CPA Office (current) Jun 2015 Representative Director, Business Prime Consulting Co., Ltd. (current) Jun 2016 Managing Partner, Aruto Tsukiji LLC (current) Jun 2018 Representative Director, Quallied Business Succession Support Co., Ltd. (current) Nov 2018 Corporate Auditor, the Company (current)
1978-07-08
Kohei JO
Director
Apr 1981 Joined Nomura Securities Co., Ltd. Jun 1997 Branch Manager, Aomori Branch, Nomura Securities Jun 2000 General Manager, Asset Management Division I, Nagoya Branch, Nomura Securities Apr 2003 Branch Manager, Sendai Branch, Nomura Securities Apr 2005 Branch Manager, Fukuoka Branch, Nomura Securities Apr 2006 Executive Officer, in charge of Chugoku, Shikoku and Kyushu, Domestic Sales Division, Nomura Securities Apr 2008 Executive Officer, in charge of Tokyo, Domestic Sales Division; General Manager, Nomura Securities Apr 2009 Managing Executive Officer, in charge of Financial Management, Nomura Securities Apr 2010 Managing Executive Officer, stationed in Nagoya, Nomura Securities Aug 2012 Managing Executive Officer, stationed in Nagoya; Branch Manager, Nagoya Branch, Nomura Securities Apr 2016 Chairman, Nomura Pubco & Brown Co., Ltd. Apr 2016 Advisor, Nomura Securities Jun 2019 Director, Gokurakuyu Holdings Co., Ltd. Apr 2022 Director, Media Holdings Co., Ltd. (current) Nov 2025 Director, the Company (current)
1958-11-05
Yasuhiro KAMEDA
Director
Apr 2010 Joined Nomura Securities Co., Ltd. Apr 2019 Joined Nomura Capital Partners Co., Ltd. Nov 2025 Director, the Company (current)
1985-10-30
Hiroki ISHIGURO
Director
Apr 2013 Joined Daiwa Securities Co., Ltd. Dec 2016 Joined Nomura Securities Co., Ltd. Apr 2022 Joined Nomura Capital Partners Co., Ltd. Nov 2025 Director, the Company (current)
1991-01-18
Yosuke KIMURA
Corporate Auditor
Apr 2007 Joined Public Prosecutor's Office (Clerk, Tokyo District Public Prosecutors Office) Jan 2014 Joined Tagawa Office, Judicial Scrivener and Land Surveyor Jul 2018 Joined Kimura Judicial Scrivener Office Nov 2024 Principal, Kimura Judicial Scrivener Office (current) Corporate Auditor, the Company (current)
1984-03-08
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-10-14
Full-Year Earnings Flash
FY ending Aug 2026
TDnet
2026-07-14
Q3 Earnings Flash
FY ending Aug 2026
EDINET
2026-04-13
Semi-Annual Securities Report
Period: Sep 2025 – Aug 2026
TDnet
2026-01-14
Q1 Earnings Flash
FY ending Aug 2026
EDINET
2025-11-25
Annual Securities Report
Period: Sep 2024 – Aug 2025
TDnet
2025-07-14
Q3 Earnings Flash
FY ending Aug 2025
EDINET
2025-04-14
Securities Registration Statement
EDINET
2025-04-14
Semi-Annual Securities Report
Period: Sep 2024 – Aug 2025
EDINETAmended
2025-02-04
Amended Annual Securities Report
Period: Sep 2023 – Aug 2024
TDnet
2025-01-14
Q1 Earnings Flash
FY ending Aug 2025
EDINET
2024-11-28
Annual Securities Report
Period: Sep 2023 – Aug 2024
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINET
2024-04-12
Quarterly Securities Report
Period: Dec 2023 – Feb 2024
EDINET
2024-01-12
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-11-29
Annual Securities Report
Period: Sep 2022 – Aug 2023
EDINETAmended
2023-07-20
Amended Securities Registration Statement
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-06-01
Securities Registration Statement
EDINET
2023-04-14
Quarterly Securities Report
Period: Dec 2022 – Feb 2023
EDINETAmended
2023-04-14
Amended Annual Securities Report
Period: Sep 2019 – Aug 2020
EDINET
2023-01-13
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-11-29
Annual Securities Report
EDINET
2022-07-14
Quarterly Securities Report
EDINET
2022-04-14
Quarterly Securities Report
EDINET
2022-01-14
Quarterly Securities Report
EDINET
2021-11-29
Annual Securities Report
EDINET
2021-07-14
Quarterly Securities Report
EDINET
2021-04-14
Quarterly Securities Report
EDINET
2021-01-14
Quarterly Securities Report
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