7466
SPK CORPORATION
SPK株式会社
Wholesale Trade
SPK Corporation, together with its subsidiaries, engages in the trading of automotive spare parts and accessories, and industrial vehicle parts in Japan, Asia, Oceania, Central America, and South America. The company offers engines, drivetrain, brakes, suspension, electrical, and air conditioning parts; and oil chemical products. It also supplies automotive aftermarket parts and accessories; and machinery parts and components, including multifunction displays, integrated switches, dials, telematics equipment, and electrical components, such as lamps, resin parts, and functional parts to the manufacturers of construction vehicles, forklifts, and tractors. The company was formerly known as Daido Automobile Enterprising Co., Ltd. and changed its name to SPK Corporation in 1992. SPK Corporation was incorporated in 1917 and is headquartered in Osaka, Japan.
Read more
← Companies
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
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
¥75.2B
¥68.7B
¥63.3B
¥54.7B
¥47.7B
Cost of Sales
¥60.8B
¥55.8B
¥51.6B
¥45.0B
¥39.8B
Gross Profit
¥14.4B
¥12.9B
¥11.7B
¥9.7B
¥7.9B
SG&A
¥10.8B
¥9.6B
¥8.5B
¥7.0B
¥5.9B
Operating Income
¥3.6B
¥3.3B
¥3.1B
¥2.7B
¥2.0B
Non-Operating Income
¥405M
¥339M
¥270M
¥244M
¥272M
Dividend Income
—
¥16M
¥3M
¥4M
¥6M
Interest Income
—
¥13M
¥4M
¥7M
¥1M
Non-Operating Expenses
—
¥82M
¥58M
¥53M
¥20M
Interest Expense
—
¥41M
¥19M
¥20M
¥14M
Ordinary Income
¥3.9B
¥3.6B
¥3.4B
¥2.9B
¥2.3B
Pre-tax Income
¥3.9B
¥3.6B
¥3.3B
¥3.0B
¥2.3B
Income Taxes
¥1.2B
¥1.1B
¥943M
¥909M
¥724M
Current Tax
—
¥1.1B
¥995M
¥966M
¥713M
Deferred Tax
—
¥8M
¥-51M
¥-57M
¥11M
Net Income (owners)
¥2.7B
¥2.5B
¥2.4B
¥2.1B
¥1.6B
Minority Interest
—
¥7M
¥6M
—
—
Comprehensive Income
—
¥2.9B
¥2.7B
¥2.4B
¥1.7B
EBITDA
¥4.3B
¥4.0B
¥3.7B
¥3.2B
¥2.3B
Goodwill Amort. (J-GAAP)
—
¥192M
¥176M
¥109M
¥79M
EPS
¥133.35
¥247.94
¥238.20
¥205.13
¥161.84
Shares Outstanding
—
10.1M
10.0M
10.0M
10.0M
Shares Issued (total)
—
10.5M
10.5M
10.5M
10.5M
Treasury Shares
—
0.4M
0.4M
0.4M
0.4M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥47.8B
¥44.2B
¥38.6B
¥34.4B
¥30.0B
Current Assets
¥37.5B
¥34.3B
¥30.6B
¥27.7B
¥24.1B
Cash & Deposits
¥9.6B
¥7.9B
¥7.0B
¥6.6B
¥6.1B
Trade Receivables
—
¥10.0B
¥8.3B
¥7.5B
¥6.5B
Non-Current Assets
¥10.3B
¥9.9B
¥8.0B
¥6.7B
¥5.9B
PP&E
¥6.3B
¥6.2B
¥5.6B
¥4.6B
¥4.1B
Goodwill
—
¥917M
¥414M
¥335M
¥400M
Intangible Assets
—
¥2.1B
¥822M
¥678M
¥665M
Investment Securities
¥866M
¥430M
¥496M
¥275M
¥226M
Deferred Tax Assets
—
¥370M
¥388M
¥333M
¥263M
Total Liabilities
¥18.5B
¥17.1B
¥14.1B
¥12.2B
¥9.8B
Current Liabilities
¥15.0B
¥11.5B
¥10.7B
¥9.8B
¥7.9B
Accounts Payable
—
¥5.4B
¥5.8B
¥5.3B
¥5.0B
ST Debt
¥6.1B
¥2.9B
¥1.9B
¥1.8B
¥1.2B
Taxes Payable
—
¥713M
¥550M
¥666M
¥419M
Non-Current Liabilities
¥3.5B
¥5.6B
¥3.3B
¥2.4B
¥1.9B
Total LT Borrowings
¥2.2B
¥4.6B
¥2.5B
¥1.5B
¥1.1B
Pension Obligations
—
¥501M
¥483M
¥471M
¥477M
Total Equity
¥29.3B
¥27.1B
¥24.6B
¥22.2B
¥20.2B
Capital Stock
—
¥899M
¥899M
¥899M
¥899M
Capital Surplus
—
¥1.0B
¥961M
¥961M
¥961M
Retained Earnings
¥26.2B
¥24.2B
¥22.2B
¥20.2B
¥18.6B
Treasury Stock
—
¥-385M
¥-436M
¥-436M
¥-436M
AOCI
—
¥1.2B
¥840M
¥514M
¥200M
Equity (owners)
¥27.7B
¥25.7B
¥23.6B
¥21.7B
¥20.0B
Minority Interests
—
¥132M
¥109M
—
—
Total Interest-Bearing Debt ⓘ
¥8.3B
¥7.5B
¥4.3B
¥3.3B
¥2.3B
Net Cash ⓘ
¥1.3B
¥404M
¥2.7B
¥3.3B
¥3.9B
NCAV ⓘ
¥19.1B
¥17.2B
¥16.6B
¥15.5B
¥14.3B
NCAV/Share
—
¥1,703
¥1,651
¥1,544
¥1,425
BV/Share
—
¥2,547
¥2,354
¥2,157
¥1,994
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥2.6B
¥1.2B
¥1.8B
¥838M
¥536M
Interest Paid
—
¥-42M
¥-17M
¥-20M
¥-14M
Interest Received
—
¥28M
¥8M
¥5M
¥6M
D&A
¥681M
¥530M
¥400M
¥326M
¥233M
Goodwill Amort.
—
¥192M
¥176M
¥109M
¥79M
Investing CF
¥-778M
¥-2.9B
¥-1.8B
¥-880M
¥-593M
CapEx
¥228M
¥697M
¥1.0B
¥509M
¥385M
Purchase Investments
—
¥-1M
¥-122M
¥-51M
—
Proceeds from Invest.
—
¥128M
—
¥40M
—
Financing CF
¥-88M
¥2.5B
¥167M
¥426M
¥-1.2B
Dividends Paid
—
¥-554M
¥-472M
¥-422M
¥-392M
LT Debt Repaid
—
¥-2.1B
¥-1.0B
¥-464M
¥-484M
Free Cash Flow
¥2.3B
¥495M
¥801M
¥329M
¥152M
Net Change in Cash
—
¥904M
¥264M
¥466M
¥-1.2B
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
9.5%
9.7%
10.2%
9.7%
8.3%
ROA
5.9%
6.0%
6.6%
6.4%
5.4%
EPS
¥133.35
¥247.94
¥238.20
¥205.13
¥161.84
DPS
¥33.00
¥60.00
¥50.00
¥44.00
¥40.00
BPS
¥1,444.86
¥2,669.03
¥2,438.04
¥2,208.26
¥2,013.91
FCF/Share
—
¥49
¥80
¥33
¥15
NCAV/Share
—
¥1,703
¥1,651
¥1,544
¥1,425
Payout Ratio
24.7%
24.2%
21.0%
21.4%
24.7%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 11
Date Activist Stake Event Flag Demands Source
2025-09-26
Hikari Tsushin K.K.
18.77%
+0.47%
change
Passive
—
2025-08-06
Hikari Tsushin K.K.
18.3%
+1.01%
change
Passive
—
2025-04-15
Hikari Tsushin K.K.
17.29%
+1.02%
change
Passive
—
2025-02-18
Hikari Tsushin K.K.
16.27%
+1.0%
change
Passive
—
2024-12-04
Hikari Tsushin K.K.
15.27%
+1.0%
change
Passive
—
2024-10-03
Hikari Tsushin K.K.
14.27%
+1.02%
change
Passive
—
2024-08-14
Hikari Tsushin K.K.
13.25%
+1.06%
change
Passive
—
2024-05-29
Hikari Tsushin K.K.
12.19%
+1.0%
change
Passive
—
2023-11-30
Hikari Tsushin K.K.
11.19%
change
Passive
—
2023-09-07
FMR LLC
3.81%
-2.23%
change
Passive
—
2023-07-24
FMR LLC
6.04%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 3
#
Shareholder
Shares (thou.)
% of Total
1
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)
1,082
10.72%
2
HIKARI TSUSHIN,INC.
光通信株式会社
756
7.50%
3
UH Partners 2
株式会社UH Partners 2
750
7.44%
4
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
533
5.29%
5
SPK Employee Stock Ownership Plan
SPK社員持株会
525
5.20%
6
渡部 和子
303
3.00%
7
株式会社UH Partners 3
270
2.68%
8
Nippon Life Insurance
日本生命保険相互会社
233
2.31%
9
BNYM RE BNYMLB RE GPP CLIENT MONEY AND ASSETS AC
BNYM RE BNYMLB RE GPP CLIENT MONEY AND ASSETS AC (常任代理人 株式会社三菱UFJ銀行)
154
1.53%
10
ミヤコ自動車工業株式会社
142
1.41%
Domestic Nominees
16.0%
-1.2% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
1.5%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
29.5%
+4.8% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Japan Master Trust Bank
日本マスタートラスト信託銀行
10.70%
10.67%
10.72%
+0.05%
HIKARI TSUSHIN,INC.
光通信
7.53%
7.53%
7.50%
-0.03%
UH Partners 2
式会社UH Partners 2
3.87%
4.57%
7.44%
+2.87%
Japan Custody Bank
日本カストディ銀行
5.66%
6.51%
5.29%
-1.22%
SPK Employee Stock Ownership Plan
SPK社員持株会
4.52%
4.76%
5.20%
+0.44%
渡部 和子
3.02%
3.02%
3.00%
-0.02%
式会社UH Partners 3
NEW ENTRY
—
—
—
2.68%
NEW
Nippon Life Insurance
日本生命保険
2.32%
2.32%
2.31%
-0.01%
BNY Mellon
1.49%
1.49%
1.53%
+0.04%
ミヤコ自動車工業
1.42%
1.42%
1.41%
-0.01%
DFA INTL SMALL CAP VALUE PORTFOLIO
last seen 2024
Exited Top 10
—
1.08%
—
Fidelity
last seen 2023
Exited Top 10
5.15%
—
—
Concentration (HHI)
ⓘ
284
276
307
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥264M
+19% since 2023
Holdings
3
2 exited
Trend
Stable
vs 2023
Held Company
FY2025
¥264M total
FY2023
¥222M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Broadleaf Co.,Ltd.
株式会社ブロードリーフ
261
380,000
156
380,000
M
TBK Co.,Ltd.
株式会社TBK
3
10,000
3
10,000
Niterra Co., Ltd.
日本特殊陶業株式会社
—
—
Stanley Electric Co.,Ltd.
スタンレー電気株式会社
—
−100%
Exit
—
48
16,352
Imasen Electric Industrial Co.,Ltd.
株式会社今仙電機製作所
—
−100%
Exit
—
15
21,000
Portfolio total
264
222
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding