Overview
Wholesale Trade

EIWA CORPORATION

Eiwa Co., Ltd. is a specialized trading and distribution company focused on industrial measurement and control instruments, environmental measurement and analysis equipment, testing and inspection devices, and industrial machinery, primarily serving the domestic Japanese market through both direct sales and wholesale channels. The company operates through a group of five entities, including manufacturing subsidiary Futaba Tech Co., Ltd. and regional subsidiary Tobu Kiki Co., Ltd. covering the Tohoku region, as well as overseas subsidiaries in China and Taiwan serving those respective markets. The group offers an integrated value chain encompassing product sales, engineering services, and electrical/instrumentation construction.

Market Cap
US$97.5M
¥15.6B
EV
US$61.6M
¥9.85B
StockUS$15.40(¥2,460)▼-0.04%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
3.0
x
LTM EV/EBIT
3.1
x
LTM PER
6.9
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-11.4%pt
100
Nov 13, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$97.5M¥15.6BMarket CapUS$1.00M¥0.16B+ DebtUS$26.7M¥4.26B− CashUS$10.2M¥1.62B− Inv. Sec.US$61.6M¥9.85BEV
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Performance & Balance
Revenue 5Y (US$)
US$234M¥37.4B'22/3US$259M¥41.3B'23/3US$271M¥43.3B'24/3US$295M¥47.1B'25/3US$306M¥48.8B'26/3
EBITDA 5Y (US$)
US$10.3M¥1.64B'22/3US$12.4M¥1.98B'23/3US$15.1M¥2.41B'24/3US$17.9M¥2.86B'25/3US$19.2M¥3.07B'26/3
Net Income 5Y (US$)
US$6.68M¥1.07B'22/3US$8.27M¥1.32B'23/3US$10.4M¥1.67B'24/3US$12.2M¥1.95B'25/3US$13.0M¥2.07B'26/3
Capital Structure
99%
EquityD/E 0.01xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$46.6M¥7.43BUS$5.07M¥0.81B'22/3US$47.7M¥7.61BUS$4.68M¥0.75B'23/3US$50.2M¥8.02BUS$3.25M¥0.52B'24/3US$47.2M¥7.54BUS$1.06M¥0.17B'25/3US$41.2M¥6.58BUS$1.18M¥0.19B'26/3
Shareholders
Top 10 hold 35.2%
1
Hikari Tsushin Inc. Investment Business Limited Partnership
6.46%
2
UH Partners 2 Investment Business Limited Partnership
6.01%
3
TOKYO KEIKI INC.
3.90%
4
NAGANO KEIKI CO.,LTD.
3.26%
5
Kenji ABE
2.87%
6
SIL Investment Business Limited Partnership
2.71%
7
The Hyakujushi Bank,Ltd.
2.61%
8
EIWA CORPORATION Employee Stock Ownership Association
2.56%
9
Yoshinori ABE
2.44%
10
Kazuo ABE
2.41%
Management
9 officers
Kenji ABE
Chairman of the Board, Director
Apr 1969 Joined the Company Dec 1983 General Manager, Corporate Planning Division, the Company Dec 1983 Director, Futaba Seisakusho Co., Ltd. (currently Futaba Tech Co., Ltd.) Jun 1986 Managing Director, the Company Jun 1989 Senior Managing Director, General Manager of Administration Division, the Company Jun 1990 Representative Director, President, Futaba Seisakusho Co., Ltd. Jun 1993 Retired as Representative Director, President, Futaba Seisakusho Co., Ltd. Jun 1993 Representative Director, President, the Company Apr 2003 Representative Director, President and CEO, the Company Apr 2006 Representative Director, President, the Company Jun 2023 Chairman of the Board, Director, the Company (current)
1945-09-16
Yoshinori ABE
Representative Director, President
Apr 1996 Joined the Company Apr 2009 General Manager, Corporate Planning Department, the Company Apr 2011 Executive Officer, General Manager, Corporate Planning Department, the Company Jun 2011 Director, Executive Officer, General Manager, Corporate Planning Department, the Company Oct 2011 Director, Executive Officer, General Manager, Sales Promotion Department, the Company Apr 2012 Director, Executive Officer, General Manager, Sales Promotion Department No. 1, the Company Apr 2013 Director, Executive Officer, Deputy General Manager, Sales Division, the Company Oct 2015 Director, Senior Managing Executive Officer, Assistant to the President, the Company Jun 2016 Director, Vice President, the Company Apr 2017 Director, Vice President, General Manager, Sales Division, the Company Apr 2023 Director, Vice President, the Company Jun 2023 Representative Director, President, the Company (current)
1974-02-25
Takahisa TAMAKI
Director, Managing Executive Officer, General Manager of Administration Division
Apr 1988 Joined the Company Oct 2014 General Manager, Chubu Sales Department, the Company Apr 2017 Executive Officer, General Manager, Chubu Sales Department, the Company Jun 2019 Director, Executive Officer, General Manager, Chubu Sales Department, the Company Apr 2020 Director, Executive Officer, Deputy General Manager, Sales Division, the Company Apr 2023 Director, Executive Officer, General Manager of Administration Division, the Company Oct 2025 Director, Managing Executive Officer, General Manager of Administration Division, the Company (current)
1964-12-30
Nobuyoshi KATO
Director, Managing Executive Officer, General Manager of Sales Division
Apr 1995 Joined the Company Oct 2014 General Manager, Tokyo Head Office Sales Department, the Company Apr 2017 Executive Officer, General Manager, Tokyo Head Office Sales Department, the Company Jun 2019 Director, Executive Officer, General Manager, Tokyo Head Office Sales Department, the Company Apr 2020 Director, Executive Officer, Deputy General Manager, Sales Division, the Company Apr 2023 Director, Executive Officer, General Manager of Sales Division, the Company Oct 2025 Director, Managing Executive Officer, General Manager of Sales Division, the Company (current)
1972-11-20
Hiroaki OKUMA
Outside Director
Apr 1981 Joined Mitsui & Co., Ltd. Dec 1998 President, Mitsui Industrial Machinery GmbH Nov 2006 Director and Executive Officer, Asahi Tec Corporation Jul 2010 Director, Mitsui & Co. Automotive Ltd. Apr 2013 Representative Director, President, Mitsui & Co. Automotive Ltd. Feb 2016 President, Aviation Company, Setouchi Holdings Co., Ltd. Jun 2016 Left Mitsui & Co., Ltd. Jan 2017 Executive Officer, President, Aviation Company, Setouchi Holdings Co., Ltd.; Director, QUEST AIRCRAFT COMPANY LLC (U.S.) Jun 2017 Outside Director, the Company (current) Oct 2024 Adviser, Green AI Co., Ltd. (current)
1956-04-06
Yoshiko OKANO
Outside Director
Apr 1987 Joined Mitsui & Co., Ltd. May 2008 Manager, Social Contribution Promotion Office, CSR Promotion Department, Mitsui & Co., Ltd. Jun 2011 Manager, Editing and Production Office, Public Relations Department, Mitsui & Co., Ltd. Jan 2016 Manager, Human Resources and Operations Office, Kyushu Branch Operations Department, Mitsui & Co., Ltd. Jul 2018 Deputy Branch Manager, Chubu Branch, Mitsui & Co., Ltd. Jun 2022 Outside Director, the Company (current) Mar 2023 Left Mitsui & Co., Ltd. Jun 2023 Non-Executive Director, Chuden CLAVIS Co., Ltd. (current)
1964-10-20
Kiichi NAKAO
Full-time Statutory Auditor
Apr 1984 Joined the Company Oct 2024 General Manager, Internal Audit Department, the Company Jun 2025 Substitute Statutory Auditor, the Company Apr 2026 Full-time Statutory Auditor, the Company (current)
1961-05-04
Nobuyuki NAKABAYASHI
Statutory Auditor
Apr 1973 Joined Kanematsu Kosho Co., Ltd. (currently Kanematsu Corporation) Mar 1976 Left Kanematsu Kosho Co., Ltd. Apr 1976 Joined Kansai Paint Co., Ltd. Sep 1977 Left Kansai Paint Co., Ltd. Oct 1977 Joined Nakabayashi Toryo Co., Ltd. Dec 1991 Representative Director, Nakabayashi Toryo Co., Ltd. Jun 1994 Outside Statutory Auditor, the Company (current)
1950-11-09
Kunitsugu SOEDA
Statutory Auditor
Apr 1979 Joined Osaka Regional Taxation Bureau Jul 2017 Director, Osaka Fukushima Tax Office Jul 2020 Director, Chukyo Tax Office Jul 2021 Retired from civil service Aug 2021 Representative, Kunitsugu Soeda Tax Accountant Office (current) Dec 2021 Outside Director, Ellits Holdings Co., Ltd. (current) Feb 2024 Outside Statutory Auditor, the Company (current)
1960-09-13
Large Shareholding Reports
Koutsushin Co., Ltd.
2026-09-15
7.32%→7.32%
Koutsushin Co., Ltd.
2025-09-29
7.32%→7.32%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-11-12
Semi-Annual Securities Report
Period: Apr 2026 – Mar 2027
TDnet
2026-11-06
Q2 Earnings Flash
FY ending Mar 2027
TDnet
2026-10-08
業績予想の修正
FY ending Mar 2027
EDINET
2026-09-15
Large Shareholding Report
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-16
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-12
Full-Year Earnings Flash
FY ending Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
EDINET
2025-09-29
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
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
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-10
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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