Overview
Information & Communication

OKINAWA CELLULAR TELEPHONE COMPANY

Okinawa Cellular Telephone Company is the leading telecommunications operator in Okinawa, providing mobile services under the 'au' brand as well as fixed-line, internet, and international communications services. The company operates its own telecommunications infrastructure including submarine cable networks connecting Okinawa's main and remote islands, and has expanded into adjacent businesses including electricity services ('au denki') and agriculture. As a consolidated subsidiary of KDDI Corporation, the company benefits from the nationwide au network while maintaining a dominant local market position in Okinawa.

Market Cap
¥306B
US$1.95B
EV
¥305B
US$1.94B
Stock¥3,335▼-1.91%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
11.6
x
LTM EV/EBIT
15.2
x
LTM PER
21.9
x
LTM PBR
3.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+4.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
306BUS$1.95BMarket Cap0.02BUS$0.10M+ Debt3.82BUS$24.3M− Cash1.16BUS$7.39M− Inv. Sec.2.99BUS$19.1M+ NCI305BUS$1.94BEV
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Performance & Balance
Revenue 5Y (¥B)
73.4US$468M'22/377.3US$493M'23/378.0US$497M'24/384.3US$538M'25/386.3US$551M'26/3
EBITDA 5Y (¥B)
22.1US$141M'22/322.1US$141M'23/323.5US$150M'24/324.3US$155M'25/325.0US$160M'26/3
Net Income 5Y (¥B)
10.7US$68.0M'22/310.9US$69.2M'23/312.1US$77.4M'24/312.4US$79.1M'25/313.2US$84.3M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
3.45US$22.0M0.20US$1.26M'22/33.65US$23.3M0.11US$0.68M'23/33.61US$23.0M0.04US$0.27M'24/34.49US$28.6M0.01US$0.06M'25/34.56US$29.1M0.02US$0.10M'26/3
Shareholders
Top 10 hold 66.7%
1
KDDI CORPORATION
54.32%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
2.37%
3
The Okinawa Electric Power Company,Incorporated
2.05%
4
Ryukyu Broadcasting Co., Ltd.
2.05%
5
JPMorgan Securities Japan Co., Ltd.
1.26%
6
GOVERNMENT OF NORWAY (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.23%
7
Custody Bank of Japan, Ltd. (Trust Account)
1.14%
8
BBH FOR BBHTSIL NEUBERGER BERMAN INVESTMENT FUNDS PLC-NEUBERGER BERMAN JAPAN EQUITY ENGAGEMENT FUND (Standing Proxy: MUFG Bank, Ltd.)
0.82%
9
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
0.76%
10
OKINAWA CELLULAR TELEPHONE COMPANY Employee Stock Ownership Association
0.75%
Management
12 officers
Yasuaki MIYAKURA
Representative Director, President
Apr 1990 Joined Nihon Idou Tsushin Co., Ltd. (currently KDDI Corporation) Apr 2009 General Manager, Consumer Sales Planning Department, Consumer Sales Planning Headquarters, KDDI Corporation Apr 2013 Deputy General Manager, Consumer Sales Headquarters, Consumer Business Division, KDDI Corporation Apr 2016 Director, General Manager, Customer Service Headquarters, Product and CS Division, KDDI Corporation Oct 2018 Director, KDDI Corporation; Representative Director, President, Chubu Telecommunications Co., Ltd. Apr 2019 Executive Officer, KDDI Corporation; Representative Director, President, Chubu Telecommunications Co., Ltd. Apr 2023 Special Advisor, the Company Jun 2023 Executive Vice President, the Company Jun 2024 Representative Director, President, the Company; General Manager, Well-being Office Apr 2026 Representative Director, President, the Company (current)
1962-07-10
Kyuji UECHI
Representative Director, Senior Managing Executive Officer
Apr 1990 Joined International Telegraph and Telephone Corporation (currently KDDI Corporation) Jul 1999 Director, General Manager, Management Planning Office, Prism Communications Inc. (currently KDDI Korea) Oct 2012 General Manager, Business Planning Department, the Company Apr 2014 General Manager, Consumer Sales Department, the Company Aug 2016 Director, General Manager, Business Planning Department, the Company; Representative Director, President, UQ Mobile Okinawa Co., Ltd. Apr 2018 Executive Officer, General Manager, Business Planning Department, the Company Oct 2019 Executive Officer, Deputy General Manager, Sales Division, the Company Apr 2023 Executive Officer, General Manager, Solutions Sales Division, the Company Apr 2024 Executive Officer, General Manager, Sales Division, and General Manager, Consumer Sales Division, the Company Jun 2024 Director, Executive Officer, General Manager, Sales Division, and General Manager, Consumer Sales Division, the Company Apr 2025 Director, Executive Officer, General Manager, Sales Division, the Company Jun 2026 Representative Director, Senior Managing Executive Officer, the Company
1966-01-02
Hikaru AHAREN
Director
Apr 1994 Registered as attorney, Okinawa Bar Association Mar 2000 Head, Hikari Law Office (currently Hikari Law Office, Attorney Corporation) (current) Jun 2011 Outside Corporate Auditor, Okinawa Electric Power Company, Inc. Apr 2015 President, Okinawa Bar Association Jul 2017 Chairperson, Naha City Public Fairness Commission (current) Member, Okinawa Prefectural Public Safety Commission (current) Dec 2017 Chairperson, Okinawa Prefectural Public Safety Commission Jun 2019 Director, the Company (current)
1964-08-26
Miki FUCHIBE
Director
May 1985 Representative Director, President, Business Land Co., Ltd. (current) Mar 1993 Senior Managing Director, JCC Co., Ltd. Sep 2014 Vice Chairman, JCC Co., Ltd. Apr 2018 Representative Member, Okinawa Economic Doyukai (current) May 2018 Representative Director, Chairman, JCC Co., Ltd. (current) Jun 2023 Corporate Auditor, the Company Jun 2025 Director, the Company (current)
1953-10-06
Tatsuki YOGI
Director
Jun 2015 Director, Daido Fire and Marine Insurance Co., Ltd. Jun 2017 Managing Director, Daido Fire and Marine Insurance Co., Ltd. Jun 2018 Representative Director, President, Daido Fire and Marine Insurance Co., Ltd. Jun 2019 Director, Okinawa Electric Power Company, Inc. (current) Jun 2024 Chairman, Daido Fire and Marine Insurance Co., Ltd. (current) Jun 2025 Director, the Company (current)
1965-03-19
Haruhiko MASUDA
Full-time Corporate Auditor
Apr 2004 General Manager, Sales Promotion Department, KDDI Corporation Apr 2015 General Manager, Media and CATV Promotion Headquarters, KDDI Corporation Apr 2018 Director, KDDI Corporation Jun 2020 Director, Deputy General Manager, Business Strategy Headquarters, KDDI Corporation; Outside Director, Prodrone Co., Ltd. Apr 2022 Chairman and Representative Director, KDDI Smart Drone Co., Ltd. Apr 2023 Special Advisor, the Company Jun 2023 Full-time Corporate Auditor, the Company (current)
1962-07-22
Masatoshi ASATO
Corporate Auditor
Jul 1998 Director, General Manager, Head Office Sales Department, Okinawa Bank, Ltd. Jun 2000 Managing Director, Okinawa Bank, Ltd. Jun 2002 Representative Director, President, Okinawa Bank, Ltd. Jun 2003 Corporate Auditor, the Company (current) Jun 2011 Representative Director, Chairman, Okinawa Bank, Ltd. Jun 2017 Senior Advisor, Okinawa Bank, Ltd. Jun 2019 Representative Director, President, Naha Airport Building Co., Ltd. Jun 2025 Senior Advisor, Naha Airport Building Co., Ltd. (current)
1948-03-16
Yoshio KADEKARU
Corporate Auditor
Jun 1997 Managing Director, Orion Breweries, Ltd. Jun 2001 Senior Managing Director, Orion Breweries, Ltd. Jun 2003 Representative Director, Executive Vice President in charge of Sales, Orion Breweries, Ltd. Jun 2009 Representative Director, President, Orion Breweries, Ltd. Jun 2012 Corporate Auditor, the Company (current) Jun 2017 Representative Director, Chairman, Orion Breweries, Ltd. Jun 2019 Director, Chairman, Orion Breweries, Ltd. Jun 2023 Chief Advisor, Orion Breweries, Ltd.
1939-08-10
Kyoko NAKAYAMA
Corporate Auditor
Oct 2003 Joined Yamauchi Masaki Certified Public Accountant Office Dec 2003 Registered as Certified Tax Accountant May 2007 Registered as Certified Public Accountant Jun 2016 Outside Corporate Auditor, The Ryukyu Bank, Ltd. Feb 2019 Representative Partner, JTS Tax Accountant Corporation (current) Sep 2024 Part-time Auditor, University of the Ryukyus (current) Jun 2025 Corporate Auditor, the Company (current)
1973-11-17
Fumitaka KAISAKI
Director, Executive Officer, General Manager, Technology Division
Apr 2011 General Manager, System Integration Department, KDDI Corporation Apr 2017 Deputy General Manager, Process Reform Headquarters, KDDI Engineering Co., Ltd. Apr 2021 Deputy General Manager, Technology Division, the Company Apr 2022 Executive Officer, Deputy General Manager, Technology Division, the Company Apr 2023 Executive Officer, Deputy General Manager, Technology Division, and General Manager, Smart Work Promotion Office, the Company Jun 2026 Director, Executive Officer, General Manager, Technology Division, the Company
1966-08-01
Makoto TAKAHASHI
Director
Apr 2003 Executive Officer, KDDI Corporation Jun 2007 Director, Managing Executive Officer, KDDI Corporation Jun 2010 Representative Director, Senior Managing Executive Officer, KDDI Corporation Jun 2016 Representative Director, Executive Vice President, KDDI Corporation Apr 2018 Representative Director, President, KDDI Corporation Apr 2023 Chief Executive Officer, KDDI Corporation Apr 2025 Representative Director, Chairman, KDDI Corporation (current) Jun 2025 Director, the Company (current)
1961-10-24
Makoto KADOWAKI
Director
Apr 2019 General Manager, Consumer Business Planning Department, KDDI Corporation Apr 2021 General Manager, Marketing Planning Department, KDDI Corporation Apr 2022 General Manager, Accounting Planning Department I, KDDI Corporation Apr 2023 Executive Officer, General Manager, Business Strategy Headquarters, KDDI Corporation Jun 2024 Executive Officer, Deputy General Manager, Personal Business Headquarters, and General Manager, Personal Business Strategy Department, KDDI Corporation Apr 2026 Executive Officer, General Manager, Personal Business Division Headquarters, and General Manager, Business Strategy Headquarters, KDDI Corporation (current) Jun 2026 Director, the Company
1973-11-29
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-09
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-01-29
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
TDnet
2025-07-25
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-10
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-04
Q3 Earnings Flash
FY ending Mar 2025
TDnet
2025-01-30
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-06
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-01
Q1 Earnings Flash
FY ending Mar 2025
TDnet
2024-07-26
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-13
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-06
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-07
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-01
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-15
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-06
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-07
Quarterly Securities Report
EDINET
2022-08-02
Quarterly Securities Report
EDINET
2022-06-16
Annual Securities Report
EDINET
2022-02-01
Quarterly Securities Report
EDINET
2021-11-02
Quarterly Securities Report
EDINET
2021-08-03
Quarterly Securities Report
EDINET
2021-06-17
Annual Securities Report
EDINET
2021-02-02
Quarterly Securities Report
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