3132
Macnica Holdings Co., Ltd.
マクニカホールディングス株式会社
Wholesale Trade
Macnica Holdings, Inc. imports, sells, and exports electronic components in Japan. It provides semiconductors and integrated circuits; and is involved in the related operations. The company was formerly known as Macnica Fuji Electronics Holdings, Inc. and changed its name to Macnica Holdings, Inc. in August 2022. The company was incorporated in 2015 and is headquartered in Yokohama, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥1,214.2B
¥1,034.2B
¥1,028.7B
¥1,029.3B
¥761.8B
Cost of Sales
¥1,083.8B
¥912.9B
¥899.1B
¥903.4B
¥671.1B
Gross Profit
¥130.4B
¥121.3B
¥129.6B
¥125.9B
¥90.7B
SG&A
¥88.5B
¥81.6B
¥65.9B
¥64.3B
¥54.0B
Operating Income
¥42.0B
¥39.6B
¥63.7B
¥61.6B
¥36.7B
Non-Operating Income
¥2.8B
¥1.7B
¥1.6B
¥1.1B
¥844M
Dividend Income
—
¥295M
¥222M
¥273M
¥155M
Interest Income
—
¥661M
¥344M
¥141M
¥65M
Non-Operating Expenses
—
¥4.1B
¥3.3B
¥5.9B
¥2.1B
Interest Expense
—
¥1.9B
¥1.9B
¥1.9B
¥333M
Ordinary Income
¥37.4B
¥37.3B
¥62.0B
¥56.8B
¥35.5B
Pre-tax Income
¥38.6B
¥37.5B
¥66.3B
¥58.1B
¥37.1B
Income Taxes
¥10.1B
¥10.7B
¥17.5B
¥15.3B
¥9.6B
Current Tax
—
¥10.0B
¥17.4B
¥17.1B
¥9.4B
Deferred Tax
—
¥696M
¥108M
¥-1.8B
¥153M
Net Income (owners)
¥27.8B
¥25.3B
¥48.1B
¥41.0B
¥25.8B
Minority Interest
—
¥1.6B
¥658M
¥1.8B
¥1.7B
Comprehensive Income
—
¥25.3B
¥60.3B
¥47.7B
¥35.6B
EBITDA
¥46.5B
¥43.5B
¥67.4B
¥65.1B
¥39.5B
EPS
¥155.54
¥140.93
¥794.64
¥664.89
¥414.89
Shares Outstanding
—
178.4M
60.0M
60.6M
62.2M
Shares Issued (total)
—
179.1M
60.9M
60.9M
63.0M
Treasury Shares
—
0.7M
0.9M
0.3M
0.8M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥700.9B
¥556.4B
¥552.2B
¥517.6B
¥362.6B
Current Assets
¥667.9B
¥524.9B
¥518.7B
¥491.1B
¥335.0B
Cash & Deposits
¥54.4B
¥48.5B
¥38.7B
¥37.6B
¥25.2B
Trade Receivables
—
¥205.5B
¥193.7B
¥193.0B
¥151.7B
Inventories
—
¥234.5B
¥234.0B
¥218.9B
¥138.8B
Non-Current Assets
¥33.0B
¥31.5B
¥33.5B
¥26.5B
¥27.6B
PP&E
¥9.5B
¥9.4B
¥9.0B
¥8.0B
¥8.0B
Goodwill
—
¥579M
¥1.0B
¥1.6B
¥2.1B
Intangible Assets
—
¥6.9B
¥7.0B
¥8.0B
¥9.1B
Investment Securities
¥8.1B
¥8.0B
¥8.2B
¥3.9B
¥4.9B
Deferred Tax Assets
—
¥4.3B
¥5.1B
¥5.5B
¥4.5B
Total Liabilities
¥411.8B
¥295.0B
¥295.8B
¥309.9B
¥182.8B
Current Liabilities
¥409.6B
¥293.1B
¥291.1B
¥298.8B
¥161.2B
Accounts Payable
—
¥147.9B
¥151.1B
¥186.8B
¥57.7B
ST Debt
¥75.8B
¥74.7B
¥60.6B
¥46.0B
¥44.1B
Taxes Payable
—
¥2.0B
¥9.6B
¥13.5B
¥7.2B
Non-Current Liabilities
¥2.2B
¥1.9B
¥4.8B
¥11.1B
¥21.6B
Total LT Borrowings
—
—
¥3.0B
¥8.0B
¥13.8B
Pension Obligations
—
¥427M
¥386M
¥1.4B
¥5.5B
Deferred Tax Liab.
—
¥128M
¥117M
¥351M
¥1.0B
Total Equity
¥289.1B
¥261.5B
¥256.4B
¥207.8B
¥179.8B
Capital Stock
—
¥14.0B
¥14.0B
¥14.0B
¥14.0B
Capital Surplus
—
¥30.7B
¥36.8B
¥37.1B
¥46.0B
Retained Earnings
¥197.7B
¥182.4B
¥171.5B
¥132.9B
¥99.6B
Treasury Stock
—
¥-1.3B
¥-5.7B
¥-872M
¥-1.4B
AOCI
—
¥26.6B
¥27.7B
¥16.7B
¥11.9B
Equity (owners)
¥241.3B
¥225.8B
¥216.6B
¥183.1B
¥158.3B
Minority Interests
—
¥9.1B
¥12.1B
¥8.0B
¥9.6B
Total Interest-Bearing Debt ⓘ
¥75.8B
¥74.7B
¥63.6B
¥54.0B
¥58.0B
Net Cash ⓘ
¥-21.4B
¥-26.2B
¥-24.9B
¥-16.5B
¥-32.8B
NCAV ⓘ
¥256.1B
¥230.0B
¥222.9B
¥181.2B
¥152.2B
NCAV/Share
—
¥1,289
¥3,716
¥2,993
¥2,447
BV/Share
—
¥1,266
¥3,611
¥3,023
¥2,544
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥18.8B
¥24.2B
¥39.9B
¥38.9B
¥-15.5B
Interest Paid
—
¥-1.8B
¥-1.9B
¥-1.9B
¥-329M
Interest Received
—
¥940M
¥526M
¥405M
¥216M
D&A
¥4.6B
¥3.9B
¥3.6B
¥3.5B
¥2.8B
Investing CF
¥-1.3B
¥-9.6B
¥-18.5B
¥-869M
¥-1.7B
CapEx
¥1.4B
¥1.7B
¥1.4B
¥996M
¥936M
Purchase Investments
—
¥-107M
¥-743M
¥-1.2B
¥-65M
Proceeds from Invest.
—
¥342M
¥306M
¥2.5B
¥27M
Financing CF
¥-15.2B
¥-4.2B
¥-23.0B
¥-27.1B
¥14.4B
Dividends Paid
—
¥-13.5B
¥-9.4B
¥-7.8B
¥-4.0B
Share Buybacks
—
¥-3.0B
¥-5.0B
¥-6.0B
¥0M
LT Debt Repaid
—
¥-5.3B
¥-4.0B
¥-2.2B
¥-4.0B
Free Cash Flow
¥17.4B
¥22.6B
¥38.6B
¥37.9B
¥-16.5B
Net Change in Cash
—
¥9.7B
¥1.1B
¥12.4B
¥-465M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
10.1%
10.2%
21.6%
22.2%
16.5%
ROA
4.4%
4.6%
9.0%
9.3%
7.1%
EPS
¥155.54
¥140.93
¥794.64
¥664.89
¥414.89
DPS
¥35.00
¥140.00
¥200.00
¥140.00
¥100.00
BPS
¥1,562.10
¥1,414.76
¥4,072.90
¥3,299.25
¥2,734.55
FCF/Share
—
¥127
¥643
¥626
¥-265
NCAV/Share
—
¥1,289
¥3,716
¥2,993
¥2,447
Payout Ratio
22.5%
99.3%
25.2%
21.1%
24.1%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 23
Date Activist Stake Event Flag Demands Source
2026-05-21
Columbia Management Investment Advisers, LLC
5.37%
initial_5pct
Passive
—
2026-05-18
Masahiro Nakamura
15.95%
initial_5pct
Passive
—
2026-04-21
Threadneedle Asset Management Limited
4.89%
change
Passive
—
2026-03-18
Dalton Investments, Inc.
8.18%
change
✓ Activist
—
2026-03-18
Dalton Investments, Inc.
8.18%
correction
✓ Activist
—
2026-03-18
Dalton Investments, Inc.
8.18%
change
✓ Activist
—
2026-02-16
Dalton Investments, Inc.
7.16%
+1.13%
change
✓ Activist
—
2026-02-05
Columbia Wanger Asset Management, LLC
6.24%
+0.56%
change
Passive
—
2025-11-07
Dalton Investments, Inc.
6.03%
+1.02%
change
✓ Activist
—
2025-09-19
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
7.04%
+0.46%
change
Passive
—
2025-03-10
Dalton Investments, Inc.
5.01%
+0.77%
initial_5pct
✓ Activist
—
2024-12-05
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
6.58%
+0.88%
change
Passive
—
2024-10-22
Dalton Investments, Inc.
4.24%
-1.06%
change
✓ Activist
—
2024-08-06
Columbia Wanger Asset Management, LLC
5.68%
-1.05%
change
Passive
—
2024-02-21
Columbia Wanger Asset Management, LLC
6.73%
+1.49%
change
Passive
—
2024-02-05
Dalton Investments, Inc.
5.3%
change
✓ Activist
—
2024-02-05
Dalton Investments, Inc.
5.3%
change
✓ Activist
—
2024-01-11
Dalton Investments LLC
6.33%
-0.02%
change
✓ Activist
—
2024-01-10
Dalton Investments LLC
6.35%
change
✓ Activist
—
2023-12-07
Columbia Wanger Asset Management, LLC
5.24%
initial_5pct
Passive
—
2023-10-05
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.7%
change
Passive
—
2023-07-24
Asset Management One Co., Ltd.
4.03%
change
Passive
—
2023-06-22
Mizuho Bank, Ltd.
5.34%
change
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行㈱(信託口)
24,245
13.59%
2
(一財)神山財団
18,000
10.09%
3
Japan Custody Bank
㈱日本カストディ銀行(信託口)
11,973
6.71%
4
シーズ・テクノロジー㈱
10,500
5.89%
5
神山 治貴
9,900
5.55%
6
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 380055(常任代理人 ㈱みずほ銀行)
7,320
4.10%
7
神山 裕子
2,940
1.65%
8
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 ㈱みずほ銀行)
2,478
1.39%
9
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 ㈱みずほ銀行)
2,372
1.33%
10
㈱SMBC信託銀行(㈱三井住友銀行退職給付信託口)
2,128
1.19%
Domestic Nominees
20.3%
+4.4% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
6.8%
+1.2% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
24.4%
-2.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
日本マスタートラスト信託銀行
14.39%
11.51%
13.59%
+2.08%
神山財団
9.91%
10.00%
10.09%
+0.09%
Japan Custody Bank
日本カストディ銀行
↑
7.88%
4.42%
6.71%
+2.29%
シーズ・テクノロジー
5.78%
5.83%
5.89%
+0.06%
神山 治貴
5.78%
5.83%
5.55%
-0.28%
JP Morgan
—
5.67%
4.10%
-1.57%
State Street
NEW ENTRY
2.92%
—
2.72%
NEW
神山 裕子
1.65%
1.67%
1.65%
-0.02%
三井住友銀行
—
1.18%
1.19%
+0.01%
セントラル短資
last seen 2024
Exited Top 10
—
1.97%
—
BNY Mellon
last seen 2023
Exited Top 10
1.64%
—
—
GOVERNMENT OF NORWAY
last seen 2023
Exited Top 10
1.40%
—
—
Concentration (HHI)
ⓘ
450
360
425
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved