7727
OVAL Corporation
株式会社オーバル
Precision Instruments
OVAL Corporation manufactures and sells various flowmeters, metrological control equipment and related systems, measuring devices, and environmental control related instruments in Japan and internationally. Its flowmeters include positive displacement, coriolis, vortex, ultrasonic, turbine, and thermal mass flowmeters for energy saving; and electronic instruments comprise totalizers, batch controllers, flow computers, SU series electronic instruments, and other electronic instruments. The company also provides peripherals and related instruments, such as strainers, air eliminators, flow-straighteners, pneumatic valve actuators, divertors, automatic valves, vent tanks, and other auxiliary instruments, as well as system solutions, and calibration and maintenance services. The company was incorporated in 1949 and is headquartered in Tokyo, 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
¥15.5B
¥15.0B
¥14.3B
¥13.3B
¥11.1B
Cost of Sales
—
¥8.9B
¥8.4B
¥8.0B
¥7.1B
Gross Profit
—
¥6.1B
¥6.0B
¥5.3B
¥4.1B
SG&A
—
¥4.7B
¥4.5B
¥4.2B
¥3.8B
Operating Income
¥15.5B
¥1.4B
¥1.5B
¥1.1B
¥277M
Non-Operating Income
—
¥174M
¥193M
¥199M
¥249M
Dividend Income
—
¥6M
¥5M
¥5M
¥5M
Interest Income
—
¥24M
¥18M
¥15M
¥9M
Non-Operating Expenses
—
¥152M
¥96M
¥76M
¥56M
Interest Expense
—
¥50M
¥47M
¥29M
¥22M
Ordinary Income
¥15.5B
¥1.4B
¥1.6B
¥1.2B
¥470M
Pre-tax Income
—
¥1.4B
¥1.6B
¥1.0B
¥509M
Income Taxes
—
¥384M
¥417M
¥338M
¥220M
Current Tax
—
¥489M
¥401M
¥355M
¥206M
Deferred Tax
—
¥-104M
¥16M
¥-17M
¥14M
Net Income (owners)
¥1M
¥1.0B
¥1.1B
¥649M
¥286M
Minority Interest
—
¥8M
¥32M
¥33M
¥4M
Comprehensive Income
—
¥1.3B
¥1.4B
¥935M
¥568M
EBITDA
—
¥2.0B
¥2.0B
¥1.8B
¥884M
Goodwill Amort. (J-GAAP)
—
¥60M
¥60M
¥111M
¥60M
EPS
¥64.94
¥45.96
¥49.20
¥28.98
¥12.77
Shares Outstanding
—
22.4M
22.4M
22.4M
22.4M
Shares Issued (total)
—
26.2M
26.2M
26.2M
26.2M
Treasury Shares
—
3.8M
3.8M
3.8M
3.8M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥24.7B
¥24.5B
¥23.5B
¥22.4B
¥21.7B
Current Assets
—
¥13.5B
¥12.6B
¥11.5B
¥10.7B
Cash & Deposits
—
¥4.2B
¥3.4B
¥3.2B
¥3.5B
Trade Receivables
—
¥3.8B
¥3.1B
¥3.3B
¥2.9B
Non-Current Assets
—
¥11.0B
¥10.8B
¥10.8B
¥10.9B
PP&E
—
¥9.0B
¥8.8B
¥8.7B
¥8.8B
Goodwill
—
¥241M
¥301M
¥361M
¥421M
Intangible Assets
—
¥383M
¥474M
¥607M
¥722M
Investment Securities
—
¥402M
¥356M
¥286M
¥251M
Deferred Tax Assets
—
¥299M
¥244M
¥299M
¥268M
Total Liabilities
—
¥8.2B
¥8.1B
¥8.1B
¥8.2B
Current Liabilities
—
¥4.6B
¥4.3B
¥4.0B
¥3.8B
Accounts Payable
—
¥887M
¥755M
¥752M
¥658M
ST Debt
—
¥1.3B
¥1.3B
¥1.4B
¥1.3B
Taxes Payable
—
¥348M
¥243M
¥268M
¥187M
Non-Current Liabilities
—
¥3.6B
¥3.8B
¥4.1B
¥4.4B
Total LT Borrowings
—
¥361M
¥507M
¥714M
¥1.1B
Pension Obligations
—
¥1.5B
¥1.5B
¥1.6B
¥1.6B
Deferred Tax Liab.
—
—
—
¥4M
—
Total Equity
¥16.2B
¥16.3B
¥15.4B
¥14.3B
¥13.5B
Capital Stock
—
¥2.2B
¥2.2B
¥2.2B
¥2.2B
Capital Surplus
—
¥2.1B
¥2.1B
¥2.1B
¥2.1B
Retained Earnings
—
¥7.5B
¥6.8B
¥6.0B
¥5.5B
Treasury Stock
—
¥-403M
¥-403M
¥-403M
¥-403M
AOCI
—
¥4.4B
¥4.2B
¥4.0B
¥3.7B
Equity (owners)
—
¥11.4B
¥10.7B
¥9.9B
¥9.4B
Minority Interests
—
¥455M
¥452M
¥417M
¥368M
Total Interest-Bearing Debt ⓘ
—
¥1.6B
¥1.8B
¥2.1B
¥2.4B
Net Cash ⓘ
—
¥2.6B
¥1.6B
¥1.1B
¥1.1B
NCAV ⓘ
—
¥5.3B
¥4.5B
¥3.5B
¥2.6B
NCAV/Share
—
¥236
¥203
¥154
¥115
BV/Share
—
¥511
¥479
¥441
¥420
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
—
¥2.0B
¥1.0B
¥617M
¥1.2B
Taxes Paid
—
¥-386M
¥-434M
¥-282M
¥-47M
Interest Paid
—
¥-49M
¥-47M
¥-29M
¥-22M
Interest Received
—
¥31M
¥24M
¥20M
¥15M
D&A
—
¥534M
¥499M
¥613M
¥547M
Goodwill Amort.
—
¥60M
¥60M
¥111M
¥60M
Investing CF
—
¥-845M
¥-172M
¥-380M
¥-113M
CapEx
—
¥715M
¥268M
¥370M
¥429M
Purchase Investments
—
¥-2M
¥-2M
¥-20M
¥-0M
Proceeds from Invest.
—
¥11M
¥25M
¥17M
¥259M
Financing CF
—
¥-607M
¥-683M
¥-575M
¥-1.5B
Dividends Paid
—
¥-313M
¥-269M
¥-157M
¥-134M
Share Buybacks
—
¥-0M
¥0M
¥-0M
—
LT Debt Repaid
—
¥-407M
¥-554M
¥-582M
¥-502M
Free Cash Flow
—
¥1.3B
¥734M
¥247M
¥798M
Net Change in Cash
—
¥649M
¥234M
¥-227M
¥-289M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
0.0%
6.7%
7.7%
4.8%
2.2%
ROA
0.0%
4.3%
4.8%
2.9%
1.3%
EPS
¥64.94
¥45.96
¥49.20
¥28.98
¥12.77
DPS
¥20.00
¥16.00
¥14.00
¥9.00
¥6.00
BPS
¥773.24
¥708.16
¥665.60
¥618.87
¥586.77
FCF/Share
—
¥57
¥33
¥11
¥36
NCAV/Share
—
¥236
¥203
¥154
¥115
Payout Ratio
30.8%
34.8%
28.5%
31.1%
47.0%
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-15
16:00
Div Increase
¥28.0/sh
+40%
Oval Corporation announced a dividend increase for fiscal year ending March 2027, raising annual DPS from 20 yen to 28 y…
Summary
Oval Corporation announced a dividend increase for fiscal year ending March 2027, raising annual DPS from 20 yen to 28 yen per share (40% increase). The increase reflects stronger-than-expected performance from the 'Imagination 2028' strategic plan, with operating profit guidance exceeding initial 2028 targets. The company emphasizes sustainable profit returns to shareholders while maintaining balanced investment for growth, with a projected DOE of approximately 3.5% for FY2027.
YoY: +40%
Source (JP)
2027年3月期の1株当たり年間配当金を前期より8円増配の28円と予想し、株主の皆様への利益還元強化を決定いたしました。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 6
#
Shareholder
Shares (thou.)
% of Total
1
Meiji Yasuda Life Insurance
明治安田生命保険相互会社(常任代理人 株式会社日本カストディ銀行)
1,900
8.48%
2
TOKYO KEIKI INC.
東京計器株式会社
1,309
5.84%
3
轟産業株式会社
1,141
5.09%
4
株式会社三笠
811
3.62%
5
Nippon Life Insurance
日本生命保険相互会社(常任代理人 日本マスタートラスト信託銀行株式会社)
691
3.09%
6
YOKOGAWA ELECTRIC CORPORATION
横河電機株式会社
512
2.29%
7
BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE(常任代理人 株式会社三菱UFJ銀行)
505
2.26%
8
ヨシダ トモヒロ
416
1.86%
9
Business Partner Stock Ownership Plan
オーバル取引先持株会
376
1.68%
10
加島 淳一郎
355
1.58%
Domestic Nominees
0.0%
-4.0% 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
35.8%
+2.9% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Meiji Yasuda Life Insurance
明治安田生命保険
8.48%
8.48%
8.48%
TOKYO KEIKI INC.
東京計器
5.84%
5.84%
5.84%
轟産業
5.09%
5.09%
5.09%
式会社三笠
3.62%
3.62%
3.62%
Nippon Life Insurance
日本生命保険
3.08%
3.08%
3.09%
+0.01%
YOKOGAWA ELECTRIC CORPORATION
横河電機
2.28%
2.28%
2.29%
+0.01%
BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE
NEW ENTRY
—
—
—
2.26%
NEW
ヨシダ トモヒロ
NEW ENTRY
—
—
—
1.86%
NEW
Business Partner Stock Ownership Plan
オーバル取引先持株会
—
1.54%
1.68%
+0.14%
加島 淳一郎
—
1.58%
1.58%
Japan Master Trust Bank
日本マスタートラスト信託銀行
last seen 2024
Exited Top 10
5.47%
4.00%
—
公益財団法人井上育英会
last seen 2024
Exited Top 10
—
1.33%
—
日本証券金融
last seen 2023
Exited Top 10
1.66%
—
—
損害保険ジャパン
last seen 2023
Exited Top 10
1.88%
—
—
INTERACTIVE BROKERS LLC
last seen 2023
Exited Top 10
6.63%
—
—
Concentration (HHI)
ⓘ
240
182
174
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥220M
+84% since 2023
Holdings
6
2 exited
Trend
1 building
vs 2023
Held Company
FY2025
¥220M total
FY2023
¥119M total
Book Val ¥M
Shares
Book Val ¥M
Shares
㈱三菱UFJ フィナンシャル・グループ
94
46,970
40
46,970
㈱コンコルディア・フィナンシャルグループ
56
56,710
28
56,710
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
37
+200.0%
↑
9,825
17
3,275
NAKAKITA SEISAKUSHO CO.,LTD.
㈱中北製作所
20
6,150
14
6,150
YOKOGAWA ELECTRIC CORPORATION
横河電機㈱
12
4,273
9
4,273
M
Chino Corporation
チノー㈱
—
—
IHI Corporation
㈱IHI
—
−100%
Exit
—
6
1,725
Nomura Holdings Inc.
野村ホールディングス㈱
—
−100%
Exit
—
5
10,000
Portfolio total
220
119
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding