3569
seiren co.,ltd.
セーレン株式会社
Textiles & Apparels
Seiren Co.,Ltd. manufactures and markets textile products, industrial machines, and electronic parts in Japan and internationally. The company operates through five segments: Automotive Upholstery Materials, High Fashion Materials, Electronics Materials, Environmental & Life Materials, and Medical Materials. The Automotive Upholstery Materials segment offers materials for interiors of automobiles, railway rolling stock, etc., as well as seat covers, air bags, and decorative parts. The High Fashion Materials segment engages in the apparel textile processing; and provides apparel products. The Electronics Materials segment offers conductive materials, industrial wiping cloths, Viscotecs systems and supply, electronic devices, silicon wafer film deposition, and artificial satellites. The Environmental & Life Materials provides construction materials, interior materials, health/nursing products, and environmental/civil engineering materials. The Medical Materials offers medical materials, cosmetics, and water processing materials. It provides digital production systems; and civil engineering, construction, and industrial materials. The company also offers eco-friendly materials; beauty/health care materials; medical/nursing acre materials; and life/interior materials. In addition, it engages in the automotive interior, clothing materials, and textile finishing materials businesses. The company was formerly known as Fukui Seiren Kako Co., Ltd. and changed its name to Seiren Co.,Ltd. in 1973. Seiren Co.,Ltd. was founded in 1889 and is headquartered in Tokyo, Japan.
Price
¥3,295
Market Cap
¥193.2B
Ent. Value
¥160.5B
Net Cash
¥32.7B
Shares Out.
58.6M
P / E
13.6×
EV / EBIT
9.0×
P / Book
1.35×
P / NCAV
2.69×
Div. Yield
2.06%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥159.7B | ¥141.9B | ¥132.4B | ¥109.8B |
| Cost of Sales | ¥115.6B | ¥103.6B | ¥95.6B | ¥77.6B |
| Gross Profit | ¥44.0B | ¥38.3B | ¥36.7B | ¥32.1B |
| SG&A | ¥26.2B | ¥24.2B | ¥23.9B | ¥21.2B |
| Operating Income | ¥17.9B | ¥14.1B | ¥12.8B | ¥10.9B |
| Non-Operating Income | ¥2.3B | ¥2.3B | ¥2.6B | ¥1.1B |
| Dividend Income | ¥270M | ¥174M | ¥151M | ¥142M |
| Interest Income | ¥1.2B | ¥777M | ¥349M | ¥273M |
| Non-Operating Expenses | ¥919M | ¥187M | ¥86M | ¥70M |
| Interest Expense | ¥251M | ¥144M | ¥37M | ¥30M |
| Ordinary Income | ¥19.3B | ¥16.2B | ¥15.3B | ¥11.9B |
| Pre-tax Income | ¥19.3B | ¥16.4B | ¥15.0B | ¥11.7B |
| Income Taxes | ¥5.3B | ¥4.2B | ¥3.9B | ¥3.1B |
| Current Tax | ¥5.5B | ¥4.4B | ¥3.9B | ¥3.0B |
| Deferred Tax | ¥-141M | ¥-185M | ¥-40M | ¥68M |
| Net Income (owners) | ¥13.9B | ¥12.2B | ¥11.0B | ¥8.6B |
| Minority Interest | ¥77M | ¥49M | ¥59M | ¥35M |
| Comprehensive Income | ¥18.3B | ¥18.9B | ¥16.9B | ¥12.8B |
| EBITDA | ¥24.1B | ¥19.7B | ¥18.3B | ¥15.9B |
| Goodwill Amort. (J-GAAP) | ¥159M | ¥160M | ¥162M | ¥162M |
| EPS | ¥242.29 | ¥226.53 | ¥205.43 | ¥159.43 |
| Shares Outstanding | 58.6M | 55.3M | 53.6M | 53.7M |
| Shares Issued (total) | 64.6M | 64.6M | 64.6M | 64.6M |
| Treasury Shares | 6.0M | 9.3M | 11.1M | 11.0M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥199.2B | ¥187.5B | ¥167.8B | ¥155.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥127.1B | ¥117.1B | ¥101.1B | ¥93.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥43.0B | ¥43.6B | ¥38.8B | ¥38.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥42.2B | ¥39.3B | ¥33.1B | ¥28.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥72.2B | ¥70.4B | ¥66.7B | ¥62.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥56.2B | ¥55.3B | ¥54.2B | ¥49.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥318M | ¥477M | ¥638M | ¥801M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥3.4B | ¥3.5B | ¥3.1B | ¥3.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥10.4B | ¥9.6B | ¥7.1B | ¥5.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥1.3B | ¥1.2B | ¥1.5B | ¥1.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥55.3B | ¥62.8B | ¥62.0B | ¥63.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥40.5B | ¥36.7B | ¥30.3B | ¥29.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥23.5B | ¥20.7B | ¥17.4B | ¥15.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥4.8B | ¥2.1B | ¥2.1B | ¥3.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥2.7B | ¥2.8B | ¥1.7B | ¥1.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥14.8B | ¥26.1B | ¥31.7B | ¥34.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥5.5B | ¥6.5B | ¥8.6B | ¥10.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥6.3B | ¥6.4B | ¥6.6B | ¥6.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥180M | ¥322M | ¥381M | ¥398M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥143.9B | ¥124.7B | ¥105.8B | ¥91.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥17.5B | ¥17.5B | ¥17.5B | ¥17.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥20.0B | ¥18.0B | ¥16.8B | ¥16.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥95.8B | ¥85.4B | ¥75.7B | ¥67.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-10.7B | ¥-13.2B | ¥-14.8B | ¥-14.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥20.3B | ¥16.0B | ¥9.3B | ¥3.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥122.6B | ¥107.7B | ¥95.2B | ¥86.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥511M | ¥544M | ¥709M | ¥610M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥10.3B | ¥8.6B | ¥10.6B | ¥14.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥32.7B | ¥35.0B | ¥28.2B | ¥24.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥71.7B | ¥54.3B | ¥39.1B | ¥29.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥1,223 | ¥982 | ¥729 | ¥557 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥2,091 | ¥1,947 | ¥1,777 | ¥1,619 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥20.5B | ¥13.5B | ¥12.9B | ¥9.7B |
| Interest Paid | ¥-275M | ¥-91M | ¥-38M | ¥-31M |
| Interest Received | ¥1.4B | ¥853M | ¥401M | ¥324M |
| D&A | ¥6.0B | ¥5.5B | ¥5.3B | ¥4.9B |
| Goodwill Amort. | ¥159M | ¥160M | ¥162M | ¥162M |
| Investing CF | ¥-11.8B | ¥-5.3B | ¥-9.6B | ¥-8.7B |
| CapEx | ¥5.7B | ¥4.2B | ¥8.3B | ¥7.5B |
| Financing CF | ¥-7.8B | ¥-7.0B | ¥-7.0B | ¥-6.6B |
| Dividends Paid | ¥-3.5B | ¥-2.5B | ¥-2.3B | ¥-1.9B |
| Share Buybacks | ¥-6.0B | ¥-2.2B | ¥-832M | ¥0M |
| LT Debt Repaid | ¥-2.0B | ¥-2.0B | ¥-3.8B | ¥-4.5B |
| Free Cash Flow | ¥14.9B | ¥9.2B | ¥4.6B | ¥2.2B |
| Net Change in Cash | ¥2.8B | ¥3.4B | ¥-1.3B | ¥-4.2B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 10.4% | 10.7% | 11.3% | 10.1% |
| ROA | 7.2% | 6.8% | 6.8% | 5.5% |
| EPS | ¥242.29 | ¥226.53 | ¥205.43 | ¥159.43 |
| DPS | ¥68.00 | ¥53.00 | ¥46.00 | ¥38.00 |
| BPS | ¥2,437.38 | ¥2,234.88 | ¥1,951.14 | ¥1,685.37 |
| FCF/Share | ¥254 | ¥167 | ¥86 | ¥41 |
| NCAV/Share | ¥1,223 | ¥982 | ¥729 | ¥557 |
| Payout Ratio | 28.1% | 23.4% | 22.4% | 23.8% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 21
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-13
15:00
|
Buyback | ¥6.0B 3.4% | seiren Co., Ltd. (TSE Prime: 3569) announced a share buyback program authorized by its Board of Directors on May 13, 202… | |
|
Summary
seiren Co., Ltd. (TSE Prime: 3569) announced a share buyback program authorized by its Board of Directors on May 13, 2026. The company will repurchase up to 2,000,000 shares (3.4% of outstanding shares) for a maximum of ¥6.0 billion through market purchases on the Tokyo Stock Exchange between May 14, 2026 and March 31, 2027. The buyback aims to enhance shareholder returns and improve capital efficiency.
Deadline: 2027-03-31
% of Shares: 3.4%
Shares: 2,000,000
Source (JP)
株主還元の充実及び資本効率の向上を図るため。取得しうる株式の総数2,000,000株(上限)。株式の取得価額の総額60億円(上限)。自己株式取得の期間2026年5月14日~2027年3月31日
自己株式取得に係る事項の決定に関するお知らせ
TDnet PDF
|
||||
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
8,356 | 14.25% |
| 2 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
6,761 | 11.53% |
| 3 |
Asahi Kasei Corporation
旭化成株式会社
|
2,436 | 4.15% |
| 4 | 株式会社北陸銀行 | 2,346 | 4.00% |
| 5 | セーレン共栄会 | 2,013 | 3.43% |
| 6 |
Nippon Life Insurance
日本生命保険相互会社
|
1,505 | 2.57% |
| 7 |
Dai-ichi Life Insurance
第一生命保険株式会社
|
1,219 | 2.08% |
| 8 |
Tokio Marine & Nichido Fire Insurance Co., Ltd.
東京海上日動火災保険株式会社
|
1,130 | 1.93% |
| 9 |
HISAMITSU PHARMACEUTICAL CO.,INC.
久光製薬株式会社
|
1,090 | 1.86% |
| 10 | GOVERNMENT OF NORWAY (常任代理人 シティバンク、エヌ・エイ東京支店) | 1,061 | 1.81% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
25.8%
-1.1% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
21.8%
-1.7% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 47.6% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Custody Bank 日本カストディ銀行 | 12.67% | 15.52% | 14.25% -1.27% | |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 10.11% | 11.34% | 11.53% +0.19% | |
| Asahi Kasei Corporation 旭化成 | 4.55% | 4.40% | 4.15% -0.25% | |
| 式会社北陸銀行 | 4.44% | 4.30% | 4.00% -0.30% | |
| セーレン共栄会 | 3.60% | 3.59% | 3.43% -0.16% | |
| Nippon Life Insurance 日本生命保険 | 2.81% | 2.72% | 2.57% -0.15% | |
| Dai-ichi Life Insurance 第一生命保険 | 2.74% | 2.66% | 2.08% -0.58% | |
| Tokio Marine & Nichido Fire Insurance Co., Ltd. 東京海上日動火災保険 | 2.11% | 2.04% | 1.93% -0.11% | |
| HISAMITSU PHARMACEUTICAL CO.,INC. 久光製薬 | 2.03% | 1.97% | 1.86% -0.11% | |
| GOVERNMENT OF NORWAY NEW ENTRY | — | — | — | 1.81% NEW |
| Sumitomo Life Insurance 住友生命保険 last seen 2024 | Exited Top 10 | 1.91% | 1.84% | — |
| Concentration (HHI) ⓘ | 344 | 446 | 402 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥6,180M
+9% since 2023
Holdings
19
7 exited
Trend
6 building
vs 2023
| Held Company | FY2025 ¥6,180M total | FY2023 ¥5,693M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
GOLDWIN INC.
㈱ゴールドウイン
|
1,433 |
173,600
|
2,187 | 173,600 | |
|
TOYOTA MOTOR CORPORATION
トヨタ自動車㈱
|
867 |
331,500
|
623 | 331,500 | |
|
ASICS Corporation
㈱アシックス
|
766 |
+302.1%
↑
243,742
|
227 | 60,619 | |
|
Asahi Kasei Corporation
旭化成㈱
|
725 |
+79.1%
↑
693,000
|
358 | 387,000 | M |
|
Hokuhoku Financial Group, Inc.
㈱ほくほくフィナンシャルグループ
|
609 |
237,285
|
219 | 237,285 | M |
|
HISAMITSU PHARMACEUTICAL CO.,INC.
久光製薬㈱
|
477 |
118,000
|
446 | 118,000 | M |
|
TOYOTA TSUSHO CORPORATION
豊田通商㈱
|
453 |
+200.0%
↑
181,911
|
340 | 60,637 | |
|
HONDA MOTOR CO., LTD.
本田技研工業㈱
|
294 |
+244.8%
↑
219,732
|
223 | 63,728 | |
|
SHIMIZU CORPORATION
清水建設㈱
|
264 |
200,000
|
150 | 200,000 | M |
|
Hokuriku Electric Power Company
北陸電力㈱
|
125 |
150,000
|
88 | 150,000 | M |
|
KURARAY CO.,LTD.
㈱クラレ
|
84 |
46,000
|
55 | 46,000 | |
| 第一生命ホールディングス㈱ | 36 |
+300.0%
↑
32,400
|
19 | 8,100 | M |
|
DAITO TRUST CONSTRUCTION CO.,LTD.
大東建託㈱
|
22 |
1,500
|
19 | 1,500 | |
|
YONEX CO.,LTD.
ヨネックス㈱
|
14 |
+15.9%
↑
6,190
|
7 | 5,341 | |
|
DIC Corporation
DIC㈱
|
6 |
2,000
|
4 | 2,000 | M |
| ウルトラファブリックスHD㈱ | 3 |
4,000
|
6 | 4,000 | M |
|
TOSO CO., LTD.
トーソー㈱
|
2 |
5,070
|
2 | 5,070 | |
|
MITANI SANGYO CO.,LTD.
三谷産業㈱
|
— | — | M | ||
|
MITSUBISHI MOTORS CORPORATION
三菱自動車工業㈱
|
— | — | |||
|
Mitani Corporation
三谷商事㈱
|
— |
−100%
Exit
—
|
236 | 176,000 | M |
| 三井住友トラスト・ホールディングス㈱ | — |
−100%
Exit
—
|
226 | 49,797 | |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
— |
−100%
Exit
—
|
91 | 48,572 | M |
|
TACHIKAWA CORPORATION
立川ブラインド工業㈱
|
— |
−100%
Exit
—
|
67 | 50,000 | |
|
FUKUVI CHEMICAL INDUSTRY CO.,LTD.
フクビ化学工業㈱
|
— |
−100%
Exit
—
|
46 | 80,178 | M |
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
— |
−100%
Exit
—
|
32 | 6,123 | M |
|
SUMITOMO CHEMICAL COMPANY, LIMITED
住友化学㈱
|
— |
−100%
Exit
—
|
22 | 50,000 | M |
| Portfolio total | 6,180 | 5,693 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding