6218
Enshu Co., Ltd.
エンシュウ株式会社
Machinery
ENSHU Limited manufactures and sells machine tools and parts in Japan and internationally. The company offers system equipment, such as flexible transfer lines, flexible manufacturing systems, and other production lines controlled by computers; and general-purpose machines, which include machining centers and NC machines, as well as high power laser diode and diode plastic welding systems. It also manufactures parts for motorcycle engines, snowmobiles, golf carts, buggies, and other vehicles; and machines and assembles diesel engines. The company was incorporated in 1920 and is headquartered in Hamamatsu, Japan.
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⚠ TSE Capital Mandate
P / Book
0.36×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥21.9B
¥24.1B
¥24.8B
¥23.9B
Cost of Sales
¥19.2B
¥20.1B
¥21.2B
¥20.0B
Gross Profit
¥2.7B
¥4.0B
¥3.6B
¥3.9B
SG&A
¥3.4B
¥3.5B
¥3.5B
¥3.1B
Operating Income
¥-705M
¥540M
¥79M
¥751M
Non-Operating Income
¥75M
¥93M
¥121M
¥97M
Dividend Income
¥0M
¥0M
¥0M
¥0M
Interest Income
¥25M
¥37M
¥37M
¥32M
Non-Operating Expenses
¥314M
¥248M
¥241M
¥210M
Interest Expense
¥160M
¥141M
¥168M
¥180M
Ordinary Income
¥-943M
¥386M
¥-39M
¥638M
Pre-tax Income
¥-2.4B
¥400M
¥106M
¥569M
Income Taxes
¥-102M
¥178M
¥210M
¥199M
Current Tax
¥126M
¥163M
¥270M
¥122M
Deferred Tax
¥-228M
¥15M
¥-59M
¥77M
Net Income (owners)
¥-2.3B
¥221M
¥-104M
¥370M
Comprehensive Income
¥-1.3B
¥538M
¥739M
¥774M
EBITDA
¥528M
¥1.8B
¥1.3B
¥1.9B
EPS
¥-358.71
¥35.14
¥-16.60
¥58.73
Shares Outstanding
6.3M
6.3M
6.3M
6.3M
Shares Issued (total)
6.4M
6.4M
6.4M
6.4M
Treasury Shares
0.0M
0.0M
0.0M
0.0M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥29.8B
¥33.2B
¥34.2B
¥34.0B
Current Assets
¥15.2B
¥18.1B
¥19.4B
¥19.7B
Cash & Deposits
¥4.4B
¥4.4B
¥4.6B
¥6.7B
Trade Receivables
¥2.3B
¥3.3B
¥4.6B
¥3.6B
Non-Current Assets
¥14.5B
¥15.0B
¥14.7B
¥14.2B
PP&E
¥14.2B
¥14.7B
¥14.2B
¥13.9B
Intangible Assets
¥50M
¥76M
¥103M
¥121M
Investment Securities
¥13M
¥14M
¥115M
¥14M
Deferred Tax Assets
¥175M
¥85M
¥79M
¥76M
Total Liabilities
¥19.4B
¥21.4B
¥22.8B
¥23.3B
Current Liabilities
¥9.4B
¥11.0B
¥14.9B
¥14.8B
Accounts Payable
¥1.1B
¥1.3B
¥1.7B
¥2.4B
ST Debt
¥4.3B
¥4.8B
¥7.9B
¥8.4B
Taxes Payable
¥48M
¥81M
¥84M
¥86M
Non-Current Liabilities
¥10.0B
¥10.4B
¥7.9B
¥8.4B
Total LT Borrowings
¥6.1B
¥5.8B
¥3.0B
¥2.8B
Pension Obligations
¥1.8B
¥2.4B
¥2.6B
¥3.2B
Deferred Tax Liab.
¥160M
¥213M
¥197M
¥265M
Total Equity
¥10.4B
¥11.8B
¥11.4B
¥10.7B
Capital Stock
¥4.6B
¥4.6B
¥4.6B
¥4.6B
Retained Earnings
¥676M
¥2.8B
¥2.7B
¥2.8B
Treasury Stock
¥-71M
¥-71M
¥-70M
¥-70M
AOCI
¥5.1B
¥4.4B
¥4.1B
¥3.3B
Equity (owners)
¥5.2B
¥7.4B
¥7.2B
¥7.4B
Total Interest-Bearing Debt ⓘ
¥10.4B
¥10.6B
¥10.9B
¥11.2B
Net Cash ⓘ
¥-6.0B
¥-6.2B
¥-6.3B
¥-4.6B
NCAV ⓘ
¥-4.2B
¥-3.3B
¥-3.4B
¥-3.6B
NCAV/Share
¥-664
¥-516
¥-533
¥-566
BV/Share
¥832
¥1,167
¥1,145
¥1,175
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥1.5B
¥399M
¥-1.3B
¥2.2B
Taxes Paid
¥-166M
¥-125M
¥-302M
¥-99M
Interest Paid
¥-179M
¥-152M
¥-176M
¥-176M
Interest Received
¥25M
¥38M
¥37M
¥32M
D&A
¥1.2B
¥1.3B
¥1.2B
¥1.1B
Investing CF
¥-1.3B
¥-736M
¥-845M
¥-518M
CapEx
¥1.4B
¥655M
¥700M
¥570M
Financing CF
¥-168M
¥-223M
¥-254M
¥-337M
Dividends Paid
¥-81M
¥-81M
¥-81M
¥-31M
Share Buybacks
¥0M
¥0M
¥0M
¥0M
LT Debt Repaid
¥-1.0B
¥-1.2B
¥-4.9B
¥-1.8B
Free Cash Flow
¥73M
¥-256M
¥-2.0B
¥1.7B
Net Change in Cash
¥124M
¥-383M
¥-2.1B
¥1.7B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-20.4%
1.9%
-0.9%
3.6%
ROA
-7.2%
0.7%
-0.3%
1.1%
EPS
¥-358.71
¥35.14
¥-16.60
¥58.73
DPS
¥10.00
¥13.00
¥13.00
¥13.00
BPS
¥1,646.39
¥1,873.08
¥1,802.26
¥1,697.85
FCF/Share
¥12
¥-41
¥-319
¥266
NCAV/Share
¥-664
¥-516
¥-533
¥-566
Payout Ratio
—
37.0%
—
22.1%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 5
Date Activist Stake Event Flag Demands Source
2026-03-10
IKEURA TOSHIYUKI
19.79%
+1.1%
change
Passive
—
2025-08-08
IKEURA TOSHIYUKI
18.69%
+1.09%
change
Passive
—
2025-03-11
IKEURA TOSHIYUKI
17.6%
+1.03%
change
Passive
—
2024-07-11
IKEURA TOSHIYUKI
16.57%
+1.06%
change
Passive
—
2023-11-10
IKEURA TOSHIYUKI
15.51%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 3
#
Shareholder
Shares (thou.)
% of Total
1
Business Partner Stock Ownership Plan
エンシュウ取引先持株会
1,114,290
17.67%
2
Yamaha Motor Co., Ltd.
ヤマハ発動機株式会社
645,739
10.24%
3
INTERACTIVE BROKERS LLC
INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社)
224,900
3.56%
4
HAMAMATSU PHOTONICS K.K.
浜松ホトニクス株式会社
200,000
3.17%
5
池浦 捷行
191,600
3.03%
6
Mizuho Bank
株式会社みずほ銀行
157,267
2.49%
7
Employee Stock Ownership Plan
エンシュウ従業員持株会
146,521
2.32%
8
Mizuho Trust & Banking
みずほ信託銀行株式会社
145,500
2.30%
9
Resona Bank
株式会社りそな銀行
141,425
2.24%
10
損害保険ジャパン株式会社
84,600
1.34%
Domestic Nominees
2.3%
-3.4% 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
46.1%
+4.6% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Business Partner Stock Ownership Plan
エンシュウ取引先持株会
14.47%
16.14%
17.67%
+1.53%
Yamaha Motor Co., Ltd.
ヤマハ発動機
10.24%
10.24%
10.24%
Interactive Brokers
1.64%
3.46%
3.56%
+0.10%
HAMAMATSU PHOTONICS K.K.
浜松ホトニクス
3.17%
3.17%
3.17%
池浦 捷行
↑
1.82%
1.53%
3.03%
+1.50%
Mizuho Bank
みずほ銀行
2.49%
2.49%
2.49%
Employee Stock Ownership Plan
エンシュウ従業員持株会
2.11%
2.22%
2.32%
+0.10%
Mizuho Trust & Banking
みずほ信託銀行
2.30%
2.30%
2.30%
Resona Bank
りそな銀行
2.24%
2.24%
2.24%
損害保険ジャパン
NEW ENTRY
—
—
—
1.34%
NEW
Japan Master Trust Bank
日本マスタートラスト信託銀行
last seen 2024
Exited Top 10
4.20%
3.40%
—
Concentration (HHI)
ⓘ
369
423
473
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥6M
+50% since 2023
Holdings
3
+2 new
Trend
1 building
vs 2023
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding