MAEZAWA Holdings CO.,LTD.

¥1,939As of Sun 8 Nov 2026, 12:00 UTC

TSE:575AIndustrials

Country Japan

PE (Fwd) •••

TSR 10Y CAGR —

Div yield —

ROE —

Pollution & Treatment Controls

Beta (5Y) —

PE TTM —

TSR TTM —

Mkt cap ¥61.93B

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

¥2,097

8.12%

(16.52%)

Hold 7|1|5|3|0

TTM

FYE 31 Dec JPY

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

1.479

Revenue¥B

7.867

8.463

9.045

9.945

10.98

12.05

13.28

14.05

14.96

16.53

1.593

8.52%

8.45%

15.47

Revenue growth%

10.78

13.24

12.69

14.89

11.89

12.82

15.00

16.62

16.78

18.04

23.66

16.62

14.06

9.09

Gross margin%

28.44

26.12

28.91

30.89

33.09

32.54

34.99

35.98

33.08

31.23

11.90

33.08

31.88

14.45

Operating margin%

22.06

23.75

24.85

26.71

26.07

24.05

26.93

25.62

24.70

24.88

2.17

24.88

24.87

24.43

Net margin%

14.69

12.01

12.73

12.69

15.32

16.58

17.24

19.42

18.54

17.91

13.03

17.91

15.95

27.90

P/E ratio (avg)x

42.18

46.96

49.97

48.15

54.63

60.59

70.17

80.55

88.14

87.37

11.41

80.55

57.61

22.31

EV/EBITx

32.89

31.77

34.36

29.69

30.41

30.17

30.54

29.43

25.01

21.54

29.38

29.43

30.29

10.45

FCF yield (avg)%

9.95

8.30

5.46

5.95

4.15

5.71

2.74

1.07

3.20

4.75

20.22

3.20

5.11

2.72

FCF margin%

28.39

31.30

28.83

31.15

33.72

33.70

32.17

33.90

34.95

33.28

23.54

33.70

32.73

0.568

FCF / Net incomex

0.754

0.678

0.748

0.705

0.771

0.770

0.861

0.790

0.841

0.748

0.346

0.790

0.762

22.84

ROIC%

24.98

24.32

27.05

27.78

29.93

28.18

26.95

27.09

29.41

28.59

29.86

28.18

27.44

11.05

Return on equity%

18.71

19.97

21.41

20.70

20.04

18.55

16.47

17.00

14.62

17.32

17.51

17.00

18.63

27.00

Return on assets%

30.25

29.14

26.48

25.72

27.82

28.99

31.62

33.76

33.99

34.88

8.94

33.76

29.70

120.27

EPS¥

143.56

150.86

166.17

183.66

200.61

208.63

226.15

241.11

266.69

256.72

131.72

5.06%

5.97%

—

12.23

EPS growth%

11.13

9.67

9.35

9.32

6.79

5.44

4.18

3.33

3.16

5.94

28.04

4.18

6.37

387.51

Bookvalue per sh¥

81.24

78.95

75.85

80.96

74.00

76.38

75.15

74.33

68.95

62.79

148.88

(3.23%)

(2.48%)

—

87.47

FCF per share¥

81.20

79.90

80.60

87.69

96.41

95.14

98.62

108.57

123.49

117.40

97.87

4.02%

3.04%

—

323.52

Dividend per sh¥

192.56

219.90

247.11

259.48

282.90

323.60

380.11

443.80

503.75

550.11

456.17

14.23%

12.85%

—

17.74

Div yield (avg)%

17.76

17.70

19.35

22.01

23.48

23.83

25.69

26.48

28.23

25.99

14.25

25.99

23.66

19.93

Payout ratio%

3.35

1.79

1.34

2.50

0.71

0.40

2.74

5.37

4.83

6.73

7.87

4.83

2.62

32.31

Shares (diluted)M

38.16

41.84

49.17

56.39

59.33

57.51

58.05

59.00

61.03

58.50

32.05

(0.28%)

6.03%

7.80

Buyback yield%

12.13

11.12

12.18

12.21

14.49

12.12

13.61

11.96

14.74

12.83

20.24

12.83

12.19

0.407

D/E ratiox

0.230

0.223

0.202

0.217

0.224

0.206

0.226

0.202

0.203

0.212

1.001

0.206

0.214

3.019

Enterprise value¥B

10.09

10.57

11.51

12.83

14.43

15.96

17.76

18.79

18.88

17.70

8.251

4.17%

5.58%

5.612

LT debt¥B

3.725

3.344

3.242

3.150

3.338

3.348

3.082

3.230

3.189

3.070

9.457

(1.66%)

(3.12%)

Peers (US$445.9M)

Cap (US$)

Sinko Industries Ltd.

478.3M

11.56x

Optorun Co.,Ltd.

453.7M

38.87x

Denyo Co., Ltd.

439.0M

10.23x

Tae Kwang Corporation

417.5M

4.567x

Capital

TTM

10Y

Leveragex

0.282

(0.240)

(0.220)

EBIT/Intx

0.950

0.103

0.107

Own earn%

(20.13)

51.83

31.89

Sh yield%

25.54

38.82

36.96

Owners

Insiders/Inst%

4.19

51.18

Short interest%

4.26

SBC / revenue%

2.77

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

22–27

$1 testx

—

Incr. ROIC%

MAEZAWA Holdings CO.,LTD., through its subsidiaries, engages in the manufacture and sale of water supply and sewage-related products. The company was incorporated in 2026 and is headquartered in Tokyo, Japan.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

¥16.53B

8.45%

1.00×

Cost of revenue

¥11.57B

8.45%

1.00×

Operating expenses

¥3.472B

8.34%

0.99×