9888
UEX, LTD.
株式会社UEX
Wholesale Trade
UEX, Ltd. engages in the fabrication, distribution, and sale of stainless steel, titanium, and other metal products in Japan. It offers stainless steel plates, strips, tubes, pipes, bars, and shapes; building materials; stainless steel for hydrogen stations; and duplex stainless steel, and processed products, as well as machinery and engineering products. The company also provides cutting services. The company was formerly known as Ueno Metalex, Ltd. and changed its name to UEX, Ltd. in 1998. The company was founded in 1872 and is headquartered in Shinagawa, Japan.
Read more
← Companies
⚠ TSE Capital Mandate
P / Book
0.53×
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
¥49.7B
¥50.3B
¥52.1B
¥53.8B
¥45.5B
Cost of Sales
¥40.5B
¥40.8B
¥42.2B
¥41.9B
¥36.3B
Gross Profit
¥9.2B
¥9.5B
¥9.9B
¥11.9B
¥9.2B
SG&A
¥7.9B
¥7.7B
¥7.9B
¥7.7B
¥7.1B
Operating Income
¥1.3B
¥1.8B
¥2.1B
¥4.3B
¥2.1B
Non-Operating Income
¥246M
¥149M
¥343M
¥235M
¥260M
Dividend Income
—
¥103M
¥95M
¥85M
¥54M
Interest Income
—
¥9M
¥9M
¥10M
¥10M
Non-Operating Expenses
—
¥207M
¥167M
¥158M
¥130M
Interest Expense
—
¥124M
¥133M
¥129M
¥107M
Ordinary Income
¥1.3B
¥1.7B
¥2.3B
¥4.4B
¥2.3B
Pre-tax Income
¥1.1B
¥1.6B
¥2.2B
¥4.4B
¥2.2B
Income Taxes
¥477M
¥556M
¥841M
¥1.4B
¥768M
Current Tax
—
¥578M
¥820M
¥1.5B
¥882M
Deferred Tax
—
¥-23M
¥20M
¥-27M
¥-114M
Net Income (owners)
¥667M
¥928M
¥1.3B
¥2.8B
¥1.4B
Minority Interest
—
¥72M
¥106M
¥95M
¥65M
Comprehensive Income
—
¥831M
¥2.2B
¥3.2B
¥1.7B
EBITDA
¥1.7B
¥2.4B
¥2.7B
¥4.9B
¥2.7B
Goodwill Amort. (J-GAAP)
—
¥152M
¥152M
¥152M
¥152M
EPS
¥60.49
¥84.18
¥117.62
¥256.63
¥127.06
Shares Outstanding
—
11.0M
11.0M
11.0M
11.0M
Shares Issued (total)
—
12.0M
12.0M
12.0M
12.0M
Treasury Shares
—
1.0M
1.0M
1.0M
1.0M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥52.1B
¥51.9B
¥52.0B
¥50.9B
¥45.7B
Current Assets
¥37.6B
¥40.0B
¥39.5B
¥39.4B
¥34.3B
Cash & Deposits
¥7.1B
¥6.7B
¥6.4B
¥5.8B
¥5.4B
Trade Receivables
—
¥9.3B
¥9.1B
¥9.6B
¥9.5B
Non-Current Assets
¥14.5B
¥12.0B
¥12.5B
¥11.5B
¥11.4B
PP&E
¥8.9B
¥8.0B
¥8.0B
¥7.6B
¥7.7B
Goodwill
—
¥202M
¥354M
¥505M
¥657M
Intangible Assets
—
¥343M
¥537M
¥795M
¥994M
Investment Securities
¥4.7B
¥2.9B
¥3.3B
¥2.2B
¥1.8B
Deferred Tax Assets
—
¥112M
¥110M
¥265M
¥341M
Total Liabilities
¥33.1B
¥34.4B
¥33.8B
¥33.8B
¥31.2B
Current Liabilities
¥27.5B
¥30.1B
¥29.5B
¥29.1B
¥26.1B
Accounts Payable
—
¥7.4B
¥7.5B
¥10.0B
¥8.5B
ST Debt
¥11.0B
¥10.0B
¥7.4B
¥5.9B
¥5.4B
Taxes Payable
—
¥219M
¥211M
¥1.0B
¥824M
Non-Current Liabilities
¥5.7B
¥4.3B
¥4.4B
¥4.6B
¥5.1B
Total LT Borrowings
¥2.8B
¥2.1B
¥2.0B
¥2.4B
¥2.8B
Pension Obligations
—
¥1.3B
¥1.4B
¥1.4B
¥1.3B
Deferred Tax Liab.
—
¥114M
¥195M
¥6M
¥7M
Total Equity
¥19.0B
¥17.5B
¥18.1B
¥17.1B
¥14.4B
Capital Stock
—
¥1.5B
¥1.5B
¥1.5B
¥1.5B
Capital Surplus
—
¥1.1B
¥1.1B
¥1.1B
¥1.1B
Retained Earnings
¥12.4B
¥12.2B
¥11.9B
¥11.8B
¥9.4B
Treasury Stock
—
¥-245M
¥-245M
¥-245M
¥-245M
AOCI
—
¥3.0B
¥3.1B
¥2.3B
¥2.1B
Equity (owners)
¥14.7B
¥14.5B
¥14.3B
¥14.1B
¥11.7B
Minority Interests
—
¥30M
¥763M
¥682M
¥606M
Total Interest-Bearing Debt ⓘ
¥13.8B
¥12.1B
¥9.4B
¥8.3B
¥8.2B
Net Cash ⓘ
¥-6.8B
¥-5.4B
¥-3.0B
¥-2.4B
¥-2.8B
NCAV ⓘ
¥4.5B
¥5.5B
¥5.6B
¥5.6B
¥3.1B
NCAV/Share
—
¥503
¥511
¥512
¥280
BV/Share
—
¥1,318
¥1,294
¥1,280
¥1,065
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥1.0B
¥-1.2B
¥1.0B
¥1.3B
¥1.9B
Interest Paid
—
¥-141M
¥-119M
¥-129M
¥-105M
Interest Received
—
¥112M
¥104M
¥95M
¥63M
D&A
¥441M
¥443M
¥464M
¥460M
¥438M
Goodwill Amort.
—
¥152M
¥152M
¥152M
¥152M
Investing CF
¥-1.2B
¥-509M
¥-589M
¥-501M
¥-448M
CapEx
¥1.3B
¥545M
¥521M
¥265M
¥226M
Purchase Investments
—
¥-38M
¥-38M
¥-106M
¥-131M
Proceeds from Invest.
—
¥64M
¥21M
—
¥0M
Financing CF
¥485M
¥2.0B
¥-46M
¥-466M
¥-1.1B
Dividends Paid
—
¥-660M
¥-1.1B
¥-463M
¥-89M
Share Buybacks
—
—
¥-0M
¥-0M
—
LT Debt Repaid
—
¥-944M
¥-941M
¥-863M
¥-904M
Free Cash Flow
¥-276M
¥-1.7B
¥498M
¥1.0B
¥1.7B
Net Change in Cash
—
¥341M
¥564M
¥392M
¥466M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
3.7%
5.3%
7.7%
18.7%
10.7%
ROA
1.3%
1.8%
2.5%
5.9%
3.1%
EPS
¥60.49
¥84.18
¥117.62
¥256.63
¥127.06
DPS
¥15.00
¥40.00
¥55.00
¥100.00
¥40.00
BPS
¥1,721.18
¥1,586.44
¥1,576.46
¥1,493.14
¥1,255.17
FCF/Share
—
¥-156
¥45
¥93
¥155
NCAV/Share
—
¥503
¥511
¥512
¥280
Payout Ratio
24.8%
47.5%
46.8%
39.0%
31.5%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 4
Date Activist Stake Event Flag Demands Source
2026-05-19
Sumitomo Corporation
—
decrease
Passive
—
2025-04-07
Nippon Steel Stainless Steel Corporation
—
exit
Passive
—
2025-04-07
NIPPON STEEL CORPORATION
5.8%
initial_5pct
Passive
—
2025-02-18
SUMITOMO CORPORATION
6.0%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-13
17:00
Buyback
¥558M ¥775.0/sh 6.5%
UEX (9888) announced a share buyback program on May 13, 2026, authorizing acquisition of up to 720,000 shares (6.53% of …
Summary
UEX (9888) announced a share buyback program on May 13, 2026, authorizing acquisition of up to 720,000 shares (6.53% of outstanding shares) for a maximum of ¥558 million via ToSTNeT-3 off-market purchase on May 14, 2026 at ¥775 per share. All acquired shares will be cancelled on May 29, 2026. The buyback aims to enhance shareholder returns and enable flexible capital allocation in response to changing business conditions.
Deadline: 2026-05-14
% of Shares: 6.5%
Shares: 720,000
Source (JP)
自己株式の取得を行う理由:当社株式の市場価格及び財務状況等を総合的に勘案し、株主への利益還元、経営環境の変化に対応した機動的な資本政策の遂行を可能とすること等を目的として、自己株式の取得を行うものです。
自己株式の取得及び自己株式立会外買付取引(ToSTNeT-3)による自己株式の買付け並びに自己株式の消却に関するお知らせ
TDnet PDF
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 15
#
Shareholder
Shares (thou.)
% of Total
1
Sumitomo Corporation
住友商事株式会社
720
6.53%
2
日鉄ステンレス株式会社
696
6.32%
3
三井物産スチール株式会社
368
3.34%
4
岸本則之
331
3.00%
5
Daido Special Steel Co., Ltd.
大同特殊鋼株式会社
316
2.87%
6
小沼滋紀
303
2.75%
7
第一生命保険株式会社 (常任代理人株式会社日本カストディ銀行)
268
2.43%
8
Mizuho Bank
株式会社みずほ銀行(常任代理人株式会社日本カストディ銀行)
235
2.13%
9
野村證券株式会社
202
1.83%
10
NSステンレス株式会社
156
1.42%
Domestic Nominees
0.0%
+0.0% 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
32.6%
-1.4% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Sumitomo Corporation
住友商事
8.71%
8.71%
6.53%
-2.18%
日鉄ステンレス
6.32%
6.32%
6.32%
三井物産スチール
3.34%
3.34%
3.34%
岸本則之
2.81%
2.89%
3.00%
+0.11%
Daido Special Steel Co., Ltd.
大同特殊鋼
2.87%
2.87%
2.87%
小沼滋紀
2.02%
2.20%
2.75%
+0.55%
Dai-ichi Life Insurance
第一生命保険
2.43%
2.43%
2.43%
Mizuho Bank
みずほ銀行
2.13%
2.13%
2.13%
野村證券
NEW ENTRY
—
—
—
1.83%
NEW
NSステンレス
1.42%
1.42%
1.42%
UEX Employee Stock Ownership Plan
UEX社員持株会
last seen 2024
Exited Top 10
1.59%
1.66%
—
Concentration (HHI)
ⓘ
162
164
134
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥2,658M
+28% since 2023
Holdings
15
+1 new
4 exited
Trend
6 building
vs 2023
Held Company
FY2025
¥2,658M total
FY2023
¥2,069M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Sumitomo Corporation
住友商事株式会社
1,105
327,785
767
327,785
M
Mitsui & Co., Ltd.
三井物産株式会社
409
+100.0%
↑
146,168
301
73,084
Itochu Corporation
伊藤忠商事株式会社
269
39,000
168
39,000
Japan Metallurgical & Chemical Co., Ltd.
日本冶金工業株式会社
169
+11.7%
↑
40,646
155
36,399
Mizuho Financial Group, Inc.
株式会社みずほフィナンシャルグループ
166
41,089
77
41,089
Daido Special Steel Co., Ltd.
大同特殊鋼株式会社
119
+400.0%
↑
100,000
104
20,000
M
MORY INDUSTRIES INC.
モリ工業株式会社
106
+400.0%
↑
106,000
73
21,200
M
モリマツ・インターナショナル・ホールディングス
99
834,000
132
834,000
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
74
36,680
31
36,680
Marubeni Corporation
丸紅株式会社
36
15,000
27
15,000
MIE CORPORATION CO.,LTD
株式会社MIEコーポレーション
33
24,500
22
24,500
Dengyosha Machinery Manufacturing Co., Ltd.
株式会社電業社機械製作所
26
+11.5%
↑
6,321
18
5,670
TSUKISHIMA HOLDINGS CO., LTD.
月島ホールディングス株式会社
22
NEW
New
12,801
—
NIPPON STEEL CORPORATION
日本製鉄株式会社
16
5,014
16
5,014
第一生命ホールディングス株式会社※
8
+300.0%
↑
6,800
4
1,700
Sanyo Special Steel Co.,Ltd.
山陽特殊製鋼株式会社
—
−100%
Exit
—
136
55,410
NIPPON STEEL TRADING CORPORATION
日鉄物産株式会社
—
−100%
Exit
—
20
2,100
月島機械株式会社※
—
−100%
Exit
—
12
11,314
株式会社東京きらぼしフィナンシャルグループ※
—
−100%
Exit
—
6
2,164
Portfolio total
2,658
2,069
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding