Overview
Services

Hakuyosha Company,Ltd.

Hakuyosha Co., Ltd. is one of Japan's oldest and largest laundry and textile services companies, operating across four business segments: Cleaning (retail dry cleaning and laundry services for individual customers), Rental (linen and uniform rental with cleaning services for corporate clients), Real Estate (leasing and management of properties), and Product Sales (sales of commercial cleaning machinery and materials). The company's Rental segment serves hotels, hospitals, and food service industries through subsidiaries including Kyodo Linen Supply and Hakuyosha Hokkaido Linen Supply. With operations spanning Japan and Hawaii (via Hakuyosha International, Inc.), the group leverages over a century of brand recognition and an integrated service network.

Market Cap
¥12.3B
US$78.3M
EV
¥17.9B
US$114M
Stock¥3,275▼-0.15%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.2
x
LTM EV/EBIT
8.0
x
LTM PER
4.3
x
LTM PBR
0.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-18.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
12.3BUS$78.3MMarket Cap9.82BUS$62.6M+ Debt1.10BUS$7.04M− Cash3.27BUS$20.8M− Inv. Sec.0.15BUS$0.93M+ NCI17.9BUS$114MEV
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Performance & Balance
Revenue 5Y (¥B)
35.1US$224M'21/1239.2US$250M'22/1243.3US$276M'23/1243.6US$278M'24/1244.6US$285M'25/12
EBITDA 5Y (¥B)
-1.35-US$8.61M'21/122.06US$13.1M'22/123.10US$19.8M'23/123.50US$22.3M'24/123.63US$23.1M'25/12
Net Income 5Y (¥B)
-1.25-US$7.97M'21/121.69US$10.8M'22/121.95US$12.4M'23/122.22US$14.1M'24/122.13US$13.6M'25/12
Capital Structure
59%
41%
EquityD/E 0.70xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.04US$19.4M15.5US$98.7M'21/123.45US$22.0M13.5US$86.0M'22/124.14US$26.4M13.7US$87.1M'23/123.86US$24.6M11.6US$74.3M'24/124.55US$29.0M11.9US$76.2M'25/12
Shareholders
Top 10 hold 41.1%
1
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
7.39%
2
Kyokuto Co.,Ltd.
5.18%
3
Tokyo Wholesale Co., Ltd.
4.59%
4
Asahi Mutual Life Insurance Company
4.20%
5
Hakuwakai
3.67%
6
PLUS Corporation
3.59%
7
The Dai-ichi Life Insurance Company, Limited
3.52%
8
Mizuho Bank, Ltd.
3.27%
9
Watakyu Seimore Co., Ltd.
3.03%
10
Hirose Shokai Co., Ltd.
2.69%
Management
12 officers
Eiichi IGARASHI
Representative Director, President and Executive Officer
Apr 2009 Joined Nomura Research Institute, Ltd. Dec 2020 General Manager, Corporate Planning Division, the Company Apr 2021 Director, Business Strategy Office, the Company Apr 2022 Executive Officer Mar 2023 Director, Managing Executive Officer Mar 2024 Representative Director, President and Executive Officer (current)
1985-03-23
Masaaki KOBAYASHI
Representative Director, Senior Managing Executive Officer, General Manager of Corporate Administration Division
Apr 1983 Joined Dai-Ichi Kangyo Bank, Ltd. (now Mizuho Bank, Ltd.) Apr 2008 Branch Manager, Sendai Branch, Dai-Ichi Kangyo Bank Feb 2010 Branch Manager, Shimbashi Branch, Dai-Ichi Kangyo Bank Feb 2012 General Manager, Corporate Planning Division, the Company Mar 2013 Director, General Manager of Corporate Administration Division and General Manager of Corporate Planning Division, the Company Mar 2014 Managing Director, the Company Apr 2016 General Manager of Corporate Administration Division; also in charge of Plant Department and Laundry Science Research Institute (current) Apr 2017 Director, Managing Executive Officer Mar 2018 Director, Senior Managing Executive Officer Mar 2020 Representative Director, Senior Managing Executive Officer (current)
1960-11-21
Shinji ITO
Director, Managing Executive Officer, General Manager of Business Division Headquarters
Aug 1984 Joined the Company Feb 2010 General Manager, Eastern Uniform Rental Office Apr 2014 Executive Officer Apr 2017 Senior Executive Officer Oct 2019 President, Kyodo Linen Supply Co., Ltd. Oct 2020 Deputy General Manager, Business Division Headquarters, and General Manager, Linen Supply Business Division Mar 2023 Deputy General Manager, Business Division Headquarters Jan 2024 Deputy General Manager, Business Division Headquarters, and General Manager, Dry Cleaning Business Division Mar 2024 Director, Managing Executive Officer, General Manager of Business Division Headquarters, and General Manager, Dry Cleaning Business Division Jan 2025 Director, Managing Executive Officer, General Manager of Business Division Headquarters (current)
1960-11-02
Hitoshi OGINO
Director, Executive Officer, General Manager of Plant Division and General Manager, Plant Department
Apr 1985 Joined the Company Jan 2013 General Manager, Chiba Branch (now Keiyo Branch) Jan 2016 General Manager, Plant Department Nov 2016 General Manager, Plant Department, and Director, Laundry Science Research Institute Apr 2017 Executive Officer Mar 2018 Director, Executive Officer (current) Oct 2024 General Manager of Plant Division and General Manager, Plant Department (current)
1966-07-06
Zenichi DOI
Director
Mar 1976 Joined Matsuzakaya Co., Ltd. Jan 2009 Director and Executive Officer, General Manager of Sales Planning Office, Matsuzakaya Co., Ltd. Mar 2010 Director and Executive Officer, Manager of Sales Planning Office, Daimaru Matsuzakaya Department Stores Co., Ltd. May 2012 Director, Managing Executive Officer, Daimaru Matsuzakaya Department Stores Co., Ltd. May 2015 Director, Managing Executive Officer, General Manager of Business Administration Division and in charge of Compliance and Risk Management, J. Front Retailing Co., Ltd. Mar 2017 Director, the Company (current) May 2017 Director and Chairman of Audit Committee, J. Front Retailing Co., Ltd.
1953-09-15
Chieko TAKAHASHI
Director
Apr 1980 Joined Dai-ichi Life Insurance Company, Limited (now Dai-ichi Life Holdings, Inc.) Apr 2011 General Manager, Group Insurance Business Division, Dai-ichi Life Insurance Company, Limited Apr 2013 General Manager, Fourth Corporate Sales Department, Dai-ichi Life Insurance Company, Limited Apr 2014 Assistant Officer and General Manager, Public Corporation Department, Dai-ichi Life Insurance Company, Limited Apr 2015 Executive Officer and General Manager, Public Corporation Department, Dai-ichi Life Insurance Company, Limited Oct 2016 Executive Officer and General Manager, Public Corporation Department, Dai-ichi Life Insurance Company, Limited Apr 2018 Managing Executive Officer and General Manager, Public Corporation Department, Dai-ichi Life Insurance Company, Limited Mar 2020 Director, the Company (current) Apr 2021 Managing Executive Officer, Dai-ichi Life Insurance Company, Limited Jun 2025 Outside Director, Daiichikosho Co., Ltd. (current)
1959-04-25
Hironobu KUROSAWA
Full-time Corporate Auditor
Apr 1983 Joined the Company Dec 2013 Director, General Affairs Department, Sapporo Hakuyosha Co., Ltd. (now Hakuyosha Hokkaido Linen Supply Co., Ltd.) Dec 2017 Representative Director, President, Sapporo Hakuyosha Co., Ltd. Apr 2022 General Manager, Business Division Headquarters, the Company Oct 2022 General Manager, attached to Audit and Supervisory Board Office, the Company Mar 2023 Full-time Corporate Auditor (current)
1964-05-14
Naoki MITSUHASHI
Full-time Corporate Auditor
Apr 1987 Joined the Company Jan 2018 Manager, Internal Audit Office, Internal Control Department, the Company Jul 2020 General Manager, Internal Control Department, the Company Mar 2024 Full-time Corporate Auditor (current)
1964-06-07
Takeshi MOROHASHI
Director
Apr 1988 Joined Asahi Mutual Life Insurance Company Apr 2008 General Manager, Information Systems Planning Unit, Administration and Systems Division, Asahi Mutual Life Insurance Company Apr 2011 General Manager, Agency Business Unit, Corporate Sales Headquarters, Asahi Mutual Life Insurance Company Apr 2013 General Manager, Contract and Medical Unit, Administration and Systems Division, Asahi Mutual Life Insurance Company Apr 2014 General Manager, Contract and Medical Unit, Administration and Systems Division, Asahi Mutual Life Insurance Company Apr 2015 General Manager, Human Resources Department, Asahi Mutual Life Insurance Company Apr 2018 Executive Officer and Head of Agency Business Headquarters, Asahi Mutual Life Insurance Company Apr 2021 Executive Officer, in charge of Administration Planning, Contract and Medical, Customer Service, Claims, Corporate Insurance and Digital Strategy Planning Departments, Asahi Mutual Life Insurance Company Oct 2021 Executive Officer, in charge of Administration Planning, Contract and Medical, Customer Service, Claims, Corporate Insurance, Agency Management and Digital Strategy Planning Departments, Asahi Mutual Life Insurance Company Apr 2024 Representative Director, President, Nanairo Life Insurance Co., Ltd. (current) Mar 2026 Director, the Company (current)
1965-09-25
Yu TSUJI
Corporate Auditor
Apr 1978 Joined Ministry of Foreign Affairs of Japan Sep 2005 Counselor, Minister's Secretariat, Ministry of Foreign Affairs Mar 2007 Counselor for Defense, Ministry of Foreign Affairs Jan 2009 Consul General, Consulate-General of Japan in Boston Aug 2010 Vice-Minister, Cabinet Office; Councillor, Cabinet Secretariat; Deputy Director General, Cabinet Intelligence and Research Office Jan 2012 Ambassador Extraordinary and Plenipotentiary to the Republic of Croatia Oct 2013 Ambassador Extraordinary and Plenipotentiary to the Kingdom of the Netherlands Mar 2016 Retired from Ministry of Foreign Affairs Apr 2016 Visiting Professor, Faculty of Law, Gakushuin University Sep 2017 Auditor, Local Government Satellite Communications Organization Mar 2018 Corporate Auditor, the Company (current) Apr 2020 Specially Appointed Professor, Gakushuin Law School Sep 2020 Chairman, Japan Diplomatic Association (current)
1951-05-07
Yoichi OZAWA
Corporate Auditor
Oct 1989 Joined Asahi Shinwa Audit Corporation (now KPMG AZSA LLC) Jul 1993 Registered as Certified Public Accountant May 2001 Partner, Asahi Audit Corporation (now KPMG AZSA LLC) May 2007 Representative Partner, Azsa Audit Corporation (now KPMG AZSA LLC) Jul 2020 Established Yoichi Ozawa Certified Public Accountant Office; Director (current) Jun 2023 Outside Corporate Auditor, Tokyo Rope Mfg. Co., Ltd. (current) Mar 2024 Corporate Auditor, the Company (current)
1958-01-28
Hiroshi IWAMOTO
Corporate Auditor
Apr 1981 Joined Dai-Ichi Kangyo Bank, Ltd. (now Mizuho Bank, Ltd.) Apr 2009 Executive Officer, Mizuho Financial Group, Inc.; Managing Executive Officer, Deputy Head of Research Division and Chief Economist, Mizuho Research Institute Ltd. Apr 2010 Managing Executive Officer, General Manager of Planning and Administration Division, Mizuho Research Institute Ltd.; Lecturer, Musashino Academia Musicae Apr 2017 Senior Managing Executive Officer, General Manager of Planning and Administration Division, Mizuho Research Institute Ltd. Jun 2019 Outside Corporate Auditor, Morinaga & Co., Ltd. Jun 2021 Outside Director, Medipal Holdings Corporation (current) Mar 2024 Corporate Auditor, the Company (current)
1959-02-20
Large Shareholding Reports
Mizuho Bank, Ltd.
2026-03-23
3.27%
Annual report (as of 2026-06-30): 3.27%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-13
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-24
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2026-03-23
Large Shareholding Report
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-27
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-27
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-15
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-25
Annual Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-26
Annual Securities Report
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