Price history
¥1,550Latest+213.3%
Drag across the chart to measure the move between two points.Delayed 15 minutes · monthly closing basis
Business overview
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Key numbersShowing 8 of 20
PER
47.92How many years of earnings it would take to buy the stock. The market average is generally considered to be around 15.PBR
1.57How many times the company's net assets? Around 1x is generally considered a benchmark.ROE
3.3%Earning power. A figure above 10% is generally considered good.Dividend yield
0.0%The annual dividend as a percentage of the share price.Market capitalization
¥32bnShare price × number of shares. The value of the entire company.Equity ratio
74.4%The proportion of assets funded by money that does not have to be repaid.Operating margin
14.8%The percentage of revenue remaining from the company’s core business.Revenue growth (3 years)
9.6%The average annual growth in sales over the past three years.What to watch next
Construction of Yamagata Plant's new facility in Kaminoyama: work to begin in 2027 and completion scheduled for early 2029 (confirmation of the feasibility of expanding capacity)
From 2027 through early 2029Impact HighLikelihood Medium
Whether the appeal of reduced-installation-labor switchboards and plug-in terminals, including shorter power-outage times, translates into higher orders and improved production efficiency (costs and lead times)
From 2026Impact MediumLikelihood Medium
Market launch of energy-saving PDU switchboards for data centers (whether the products move from development into order acquisition, mass production, and broader adoption)
From 2025 (specific details pending future disclosures)Impact MediumLikelihood Low
Completion of company-wide upgrades to core and design systems, with multiple projects planned from 2025 to 2027, and verification of the effects of standardization and automation
August 2025 to November 2027 (based on current plans)Impact MediumLikelihood Medium
Implementation of the target payout ratio of at least 35%, and whether dividend increases can be achieved alongside the investment plan (facility upgrades and the new plant)
FY2025 onward through the medium termImpact MediumLikelihood Medium
What to watch next
Who owns itTop holders total 42.3%
Listed holders 42.3%Everyone else 57.7%
融和実業株式会社10.70%
富士化学塗料株式会社9.90%
佐藤商事株式会社3.59%
TACHIBANA ELETECH CO.,LTD.3.38%
KINDEN CORPORATION3.12%
KANDENKO CO.,LTD.3.12%
かわでん従業員持株会2.49%
セントラル短資株式会社2.18%
2 other listed holders3.83%
| Holder | Ownership (%) |
|---|---|
| 融和実業株式会社 | 10.70 |
| 富士化学塗料株式会社 | 9.90 |
| 佐藤商事株式会社 | 3.59 |
| TACHIBANA ELETECH CO.,LTD. | 3.38 |
| KINDEN CORPORATION | 3.12 |
| KANDENKO CO.,LTD. | 3.12 |
| かわでん従業員持株会 | 2.49 |
| セントラル短資株式会社 | 2.18 |
| 2 other listed holders | 3.83 |
This company's documents
Filings
Timely disclosures
- 2026-08-07Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)
- 2026-06-30Corporate Governance Report 2026/06/30
- 2026-06-04Information Provided Electronically in Connection with the Convocation of the 105th Ordinary General Meeting of Shareholders
- 2026-06-04Notice of Convocation of the 105th Annual General Meeting of Shareholders
- 2026-05-13Update on Initiatives to Achieve Management Conscious of Cost of Capital and Share Price
- 2026-05-13Notice Regarding Dividend from Surplus (Increase in Dividend)
- 2026-05-13Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Non-consolidated)
- 2026-04-16Notice Regarding the Establishment of the Nomination and Remuneration Committee
Threads
- 2026-08-07Prolonged labor-cost increases and competition among companies for orders and on pricing
- 2026-08-07Downside risks to overseas economies, including emerging markets, and uncertainty caused by the UK’s exit from the EU
- 2026-08-07Quarterly results marked by higher revenue and lower profit
- 2026-08-07A gradual increase in capital investment demand as corporate earnings improve
- 2026-08-07Gradual domestic economic recovery supported by improved corporate earnings
- 2026-08-07Changes in the Timing of Revenue Recognition Due to Delays in Construction and Customer Acceptance
- 2026-08-07Quarterly earnings fluctuations due to the timing and profit margins of project acceptances
- 2026-08-07Increase in Orders and Order Backlog
73 more
- 2026-08-07Five-Year Medium-Term Management Plan Ending in the Fiscal Year Ending March 2030
- 2026-06-30Continued Implementation of Measures to Raise Compliance Awareness and Prevent Recurring Misconduct
- 2026-06-30Healthy, Transparent and Agile Management Structure with Clear Accountability for Execution
- 2026-06-30Prompt and Accurate Disclosure and Timely Communication with Investors
- 2026-06-25Strengthening Quality, On-Time Delivery and Customer Service with Customer Satisfaction as the Top Priority
- 2026-06-25Continuation of R&D Activities
- 2026-06-25Shareholder returns through dividends
- 2026-06-25Single-segment structure focused on the manufacture of power distribution control equipment, with no subsidiaries
- 2026-06-25Upgrade of Painting Facilities at the Yamagata Plant
- 2026-06-25Increase in cash flow from operating activities and cash balances
- 2026-06-25Change in the Depreciation Method for Building Fixtures and Structures Outside the Manufacturing Division
- 2026-06-25No material management-related contracts decided or entered into
- 2026-06-25Financial Base with a 70.1% Equity Ratio
- 2026-06-25Increase the proportion of sales to the renewal market to over 40%
- 2026-06-25Expanding Market Share and Becoming the One-of-a-Kind Company in the Switchboard Industry
- 2026-06-25Reducing Costs and Shortening Lead Times Through Improved and Standardized Production Methods
- 2026-06-25Promoting Environmental Stewardship, Energy-Efficient Products and CSR Initiatives
- 2026-06-25Strengthening Credit-Limit Controls and Accounts Receivable Collections
- 2026-06-25Decline in Demand Due to Deterioration in Domestic Private Nonresidential Construction Investment
- 2026-06-25Dependence on Sales to Specific Customers
- 2026-06-25Procurement Dependence on Mitsubishi Corporation and Mitsubishi Electric Corporation Products
- 2026-06-25Fluctuations in Steel Plate and Copper Bar Prices and Inability to Pass Manufacturing Cost Increases Through to Selling Prices
- 2026-06-25Lengthening of the Period from Order Receipt to Customer Acceptance and Collection of Receivables
- 2026-06-25Risk of Damages and Reputational Harm Due to Product Defects
- 2026-06-25Changes in Environmental and Safety Regulations Applicable to Plants
- 2026-06-25Risk of Operational Disruption Due to Production Concentration at the Yamagata Plant
- 2026-06-25Ensuring flexibility in capital policy through the disposal of treasury shares
- 2026-06-25Emphasis on ROE and Improving Capital Efficiency
- 2026-06-25Funding Through Internal Funds or Stable Long-Term Borrowings
- 2026-06-25Integrated In-House Structure from R&D Through After-Sales Service
- 2026-06-25Internal System Upgrades
- 2026-06-25Cross-Shareholdings to Maintain and Strengthen Business Relationships
- 2026-06-25Liquidity Risk Related to Meeting Payment Due Dates
- 2026-06-25Market Price Volatility Risk for Investment Securities
- 2026-06-25Interest Rate Risk on Borrowings
- 2026-06-25Fuji Chemical Paint Co., Ltd. Becomes a Major Shareholder
- 2026-06-25No Policy Established for Determining Executive Compensation
- 2026-06-25Higher Manufacturing Costs Due to Increased Outsourcing from Delivery Concentration and Higher Production Volumes
- 2026-06-25Accounting estimates based on the assumption that the COVID-19 pandemic will be prolonged
- 2026-06-25Board Composition with 0% Female Officers
- 2026-06-25Coverage for Damages Claims Under Directors and Officers Liability Insurance
- 2026-06-2550-Year Continuous Audit Period
- 2026-06-25Disclosure of Disaggregated Revenue from New Projects and Renewal Projects
- 2026-06-25Worsening Parts Supply Constraints and Rising Material Costs
- 2026-06-25Early Ordering and Alternative Sourcing in Response to Parts Supply Constraints
- 2026-06-25Pursuing Decarbonization and Enhanced Corporate Value through ESG Management
- 2026-06-25Expansion into Renewable Energy, Decarbonization, Data Centers and Other Areas
- 2026-06-25Improving the Work Environment and Promoting DX to Raise Productivity and Support Work-Life Balance
- 2026-06-25Promoting Diversity and Strengthening the Development of Management Talent
- 2026-06-25Competitive Structure in the Custom Electrical Distribution and Control Equipment Market, Dominated by Private Companies
- 2026-06-25Higher Material Costs and Expenses Due to Rising Electricity and Fuel Costs
- 2026-06-25Managing Material Issues Through Sustainability Rules and Committees
- 2026-06-25Corporate Activities Looking Ahead to the Company's 100th Anniversary in 2026 and the Next Century
- 2026-06-25Increase in inventories of work in process and raw materials
- 2026-06-25Achieving a PBR of at Least 1x and Management Focused on Cost of Capital and Share Price
- 2026-06-25Construction of a New Plant in Kaminoyama, Yamagata Prefecture
- 2026-06-25Planned application of the leases accounting standard from the fiscal year ending March 2028
- 2026-06-25Adoption of the Accounting Standard for Corporate, Inhabitant and Enterprise Taxes
- 2026-06-25Change in Statutory Effective Tax Rate Following the Introduction of the Special Defense Corporate Tax
- 2026-06-25Yuwa Jitsugyo Co., Ltd. Becomes a Major Shareholder
- 2026-06-25Reducing the Investment Unit and Expanding Share Liquidity and the Investor Base through a Stock Split
- 2025-06-25Large Shareholding Report Filed by Hikari Tsushin and Broad Peak
- 2024-06-27Relocation of the Tokyo Head Office to Konan
- 2023-06-29Impact of COVID-19 Spread on Production and Sales Activities
- 2023-06-29COVID-19 Measures Including Shift Work, Staggered Hours and Web Conferencing
- 2021-08-11Scheduled Adoption of the Revenue Recognition Accounting Standard from the Fiscal Year Ending March 2022
- 2021-08-11Planned Application of the Accounting Standard for Fair Value Measurement from the Fiscal Year Ending March 2022
- 2021-06-28Planned Adoption of Standards for Disclosing Accounting Estimates and Accounting Policies from the Fiscal Year Ending March 2021
- 2021-02-09Director’s departure following death
- 2020-06-29Adoption of partial amendments to the accounting standards for tax-effect accounting
- 2018-06-25Application of Guidance on the Recoverability of Deferred Tax Assets
- 2018-06-25Risk of Recurrence Based on Past Improprieties
- 2017-06-26Deterioration in Corporate Earnings Due to Yen Appreciation