2025年3月期中間期末時点の総資産は95,500百万円、純資産は46,000百万円、株主資本は40,080百万円、自己資本比率は48.1%、発行済株式数は11,743,587株（自己株式10,792株を含む）となっている。本社所在地は東京都品川区、国内製造拠点は茨城工場（茨城県猿島郡）、群馬工場（群馬県太田市）、坂東工場（茨城県坂東市）、及び立川事業所（東京都立川市）に展開している。Company Overview
1. Company Overview
Kato Works Co., Ltd. <6390> is a major Construction Machinery manufacturer with nearly 130 years of history since its founding in 1895 (initially as a sole proprietorship). With the management philosophy of contributing to society through excellent products, it serves as a pioneer in the Construction Machinery sector, essential for building social infrastructure, and is currently expanding its business primarily in construction cranes and hydraulic excavators. The company’s product development focuses on customer-centric features such as "durable," "powerful," and "easy to operate," earning high trust from customers.
As of the end of the interim period in March 2025, total Assets amount to 95,500 million yen, net Assets are 46,000 million yen, shareholder equity is 40,080 million yen, the equity ratio is 48.1%, and the number of issued Stocks is 11,743,587 shares (including 10,792 treasury shares). The headquarters is located in Shinagawa, Tokyo, and domestic manufacturing locations are at the Ibaraki Factory (Sashima-gun, Ibaraki Prefecture), Gunma Factory (Ota City, Gunma Prefecture), Bando Factory (Bando City, Ibaraki Prefecture), and Tachikawa Office (Tachikawa City, Tokyo).
The group consists of the company itself, five consolidated subsidiaries, one non-consolidated subsidiary, and six affiliated companies. The consolidated subsidiaries include Kato (China) Engineering Machinery Co., Ltd., Kato Zhongjun (Xiamen) Construction Machinery Co., Ltd. (renamed from Ishikawajima Zhongjun (Xiamen) Construction Machinery Co., Ltd. in 2019), KATO IMER S.p.A. from Italy, KATO EUROPE B.V. from the Netherlands, and ICOMAC, INC. from the USA. The equity method affiliates are Koyoseiki Co., Ltd. and COMPACT EXCAVATOR SALES, LLC from the USA. Additionally, discussions are underway to establish a joint venture with Action Construction Equipment Ltd (ACE), the largest crane manufacturing and sales company in India.
Regarding KATO WORKS (THAILAND), a resolution was passed in February 2022 for dissolution and liquidation considering the local market conditions, and the necessary procedures were completed, selling the factory in the fiscal year ending March 2024. Also, due to the review of the hydraulic excavator business in China, a resolution for the dissolution and liquidation of Kato Zhongjun (Xiamen) Construction Machinery Co., Ltd. was passed in June 2024, followed by a resolution for the dissolution and liquidation of Kato (China) Engineering Machinery Co., Ltd. in July 2024. All procedures will be completed in accordance with local laws, and the liquidation is scheduled to conclude once necessary processes are finalized.
2. History
In 1895, Kato Iron Works was founded as a sole proprietorship, and in 1935, it reorganized into a corporation, establishing Kato Works Co., Ltd. Subsequently, the product range was expanded to include truck cranes, hydraulic excavators, rough-terrain cranes, and all-terrain cranes. In 2016, IHI Construction Machinery Co., Ltd. was made a subsidiary (renamed KATO HICOM, which merged with KATO HICOM in 2018), expanding the product lineup to include crawler cranes, mini-excavators, and crawler carriers. Over the years, the company has expanded overseas into China, Europe, and the USA since the 2000s. Regarding Stocks, it was listed on the Second Section of the Tokyo Stock Exchange (TSE) in 1962, transferred to the First Section in 1970, and transitioned to the Main Board in April 2022 due to a revision of the TSE market classification.
(Authored by FISCO guest analyst Masanobu Mizuta)
