Casio Computer Bundle

Who Owns Casio Computer Company?
Understanding a company's ownership is key to its strategy and accountability. Casio Computer Co., Ltd.'s 1970 public listing shifted control from its founding family to a broader shareholder base, though family influence has remained significant.

Casio Computer Co., Ltd., a Japanese electronics giant, was founded in 1946. It went public in 1957, and as of August 2025, it's traded on the Tokyo Stock Exchange (TYO: 6952). Its market cap is about ¥271.26 billion ($1.83 billion USD), with FY2025 revenue reaching ¥261.76 billion.
The ownership is a mix of public and institutional holdings, with one vote per share. This structure reflects its journey from family control to a publicly traded entity. For instance, its Casio Computer PESTEL Analysis highlights how external factors influence its operations.
Who Founded Casio Computer?
The Casio Computer Company's origins trace back to the Kashio family, with engineer Tadao Kashio establishing Kashio Seisakujo in 1946. He was soon joined by his three brothers, Toshio, Kazuo, and Yukio, who collectively drove the company's early innovations.
Founder | Tadao Kashio |
Key Family Members | Toshio Kashio, Kazuo Kashio, Yukio Kashio |
Year of Establishment | 1946 (Kashio Seisakujo), 1957 (Casio Computer Co., Ltd.) |
Initial Capital Source | 'yubiwa pipe' (cigarette holder) |
Initial Ownership Stake (Family) | 60% |
The Kashio brothers, driven by innovation, focused on developing the first entirely compact electronic calculator. Their combined technical expertise was crucial to the company's early success.
Toshio Kashio developed methods to prevent miswiring in calculators. Yukio Kashio introduced a double-contact method and suggested using stainless steel to improve product quality and reduce costs.
The company was formally established as Casio Computer Co., Ltd. in June 1957. Their father, Shigeru Kashio, was appointed the first president, reflecting a strong family-centric governance structure.
The initial capital for the brothers' ventures was generated from the success of Tadao Kashio's 'yubiwa pipe,' a popular finger ring cigarette holder in post-war Japan.
The Kashio family held a significant 60% stake in the company at its inception. This substantial ownership indicated strong family control and commitment to the business's direction.
The collective technical contributions and shared vision of the Kashio brothers were fundamental to the company's foundation. Their collaborative spirit fueled the development of groundbreaking products.
The Kashio family's deep involvement from the outset shaped the company's trajectory, with each brother contributing unique skills to the development of electronic calculators. This familial foundation provided a stable base for growth and innovation, allowing them to explore new markets, such as understanding the Target Market of Casio Computer.
The Kashio family's initial ownership of 60% of Casio Computer Co., Ltd. highlights their dominant role in the company's early years. This structure facilitated a unified approach to product development and business strategy.
- Founding by engineer Tadao Kashio and his brothers.
- Initial capital derived from the 'yubiwa pipe' product.
- Formal establishment of Casio Computer Co., Ltd. in 1957.
- Father, Shigeru Kashio, served as the first president.
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How Has Casio Computer’s Ownership Changed Over Time?
Casio Computer Co., Ltd. became a public entity in 1970, listing on the Tokyo Stock Exchange. This move was instrumental in funding its expansion, which in turn led to a diffusion of the founding family's initial majority stake. Further listings on European stock exchanges broadened the ownership base, significantly reducing the Kashio family's direct shareholding over time.
Shareholder | Percentage of Shares Held (as of March 31, 2025) |
---|---|
The Master Trust Bank of Japan, Ltd. | 19.26% |
Custody Bank of Japan, Ltd. | 9.42% |
Nippon Life Insurance Company | 5.69% |
SMBC Trust Bank Ltd. (Retirement Benefit Trust Account) | 3.46% |
SMBC Trust Bank Ltd. (Kashio Founders Trust Account) | 2.93% |
Individual Investors (Collective) | 21.64% |
As of March 31, 2025, the ownership landscape of Casio Computer Co., Ltd. is largely dominated by institutional investors. The largest single shareholder is The Master Trust Bank of Japan, Ltd., holding 19.26% of the company's shares. Following closely is Custody Bank of Japan, Ltd. with 9.42%, and Nippon Life Insurance Company with 5.69%. Significant holdings are also maintained by SMBC Trust Bank Ltd., both through its Retirement Benefit Trust Account (3.46%) and the Kashio Founders Trust Account (2.93%). Individual investors collectively own 21.64% of the shares. By July 15, 2025, the company reported 69 institutional owners, collectively holding 14,363,366 shares. Key institutional investors include Vanguard Total International Stock Index Fund, Vanguard Developed Markets Index Fund, and iShares Core MSCI EAFE ETF. BlackRock, Inc. and The Vanguard Group, Inc. are also prominent institutional stakeholders. This broad institutional and public shareholder base underscores a strong emphasis on corporate governance and shareholder value. The continued involvement of the Kashio family in management roles suggests a dynamic where dynastic influence coexists with widespread public ownership, impacting the company's strategic direction.
Casio Computer Company's ownership is primarily held by institutional investors, reflecting its status as a publicly traded entity. The Kashio family, while historically significant, now holds a smaller direct stake.
- The Master Trust Bank of Japan, Ltd. is the largest shareholder.
- Custody Bank of Japan, Ltd. and Nippon Life Insurance Company are also major institutional holders.
- Individual investors collectively represent a substantial portion of the ownership.
- The shift to public ownership has influenced the company's focus on corporate governance.
- Understanding who owns Casio is crucial for analyzing its strategic decisions and Marketing Strategy of Casio Computer.
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Who Sits on Casio Computer’s Board?
As of June 27, 2024, Casio Computer Co., Ltd. is overseen by a Board of Directors consisting of 11 members. A commitment to robust governance is evident with five of these positions designated for outside directors, ensuring independent perspectives. This structure was further reinforced by a resolution at the 68th Ordinary General Meeting of Shareholders to add another outside director.
Board Member | Position | Key Role/Affiliation |
---|---|---|
Yuichi Masuda | President, CEO & Director | Current leadership |
Shin Takano | Executive Managing Officer, CFO & Director | Financial oversight |
Takashi Kashio | Senior Executive Managing Officer & Director | Founding family member, major individual shareholder |
Tetsuo Kashio | Executive Managing Officer & Director | Family representation |
Motoki Ozaki | Independent Director | Governance focus |
Michiko Chiba | Independent Director | Governance focus |
Hirotomo Abe | Independent Director | Governance focus |
The voting power within Casio Computer Company operates on a straightforward one-share-one-vote principle, meaning that the number of shares held directly correlates to voting influence. While the founding family's direct shareholding may have diluted over time, their continued presence in key executive roles, such as the presidency held by Kazuhiro Kashio since 2015, signifies a lasting influence on the company's direction. This enduring family involvement, even without a majority stake, reflects a form of dynastic stewardship. Casio's corporate governance framework, updated as of July 3, 2024, prioritizes enhanced management oversight and transparency to meet evolving shareholder expectations, with no recent reports of significant proxy battles or activist campaigns.
Casio Computer Company's board structure emphasizes independent oversight. The company's voting power is tied to share ownership.
- Board comprises 11 members, with 5 designated as outside directors.
- Voting follows a one-share-one-vote system.
- Founding family maintains influence through management roles.
- Focus on transparency and strengthened oversight.
- For a deeper dive into the market, explore the Competitors Landscape of Casio Computer.
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What Recent Changes Have Shaped Casio Computer’s Ownership Landscape?
Over the past three to five years, Casio Computer Co., Ltd. has seen shifts in its ownership and strategic focus. For the fiscal year ending March 31, 2025, the company reported revenues of ¥261.76 billion and net income of ¥8.06 billion, reflecting decreases from the prior year.
Fiscal Year End | Revenue (¥ billions) | Net Income (¥ billions) |
March 31, 2025 | 261.76 | 8.06 |
March 31, 2024 | 268.79 | 11.90 |
Casio announced the disposal of treasury shares as restricted stock compensation on June 27, 2025, with payments completed by July 24, 2025. This action aims to align executive incentives with shareholder interests. Leadership continuity is evident with Yuichi Masuda serving as President and CEO since at least March 2023, though officer changes were announced in April 2025. While no large-scale mergers or acquisitions are highlighted, the company is pursuing strategic growth. Ownership trends indicate a slight increase in institutional ownership, moving from 40% to approximately 42% as of October 2023, suggesting growing confidence from major investment firms. For instance, BlackRock, Inc. acquired an additional 1.2 million shares in the past year, while Vanguard Group slightly reduced its stake by 0.5% in Q2 2023. This aligns with an industry-wide trend towards increased institutional oversight and a demand for robust corporate governance, which Casio is addressing through strengthening its Board of Directors and enhancing transparency. Casio has also publicly stated its commitment to expanding market share for genuine products, strengthening social and educational initiatives, and increasing demand creation in priority countries. Notably, in August 2025, Casio India commenced sales of 28 locally manufactured watch models, underscoring a focus on localized production and market responsiveness. The current management is concentrating on a 'transformation' to adapt to the evolving business environment and to clarify its medium- to long-term business vision for the fiscal year ending March 31, 2025, and beyond. This strategic reorientation is a key aspect of the company's ongoing development, building upon its Brief History of Casio Computer.
Institutional ownership has seen a modest rise, reaching approximately 42% by October 2023. This indicates increased investment from major financial institutions.
The disposal of treasury shares as restricted stock compensation on June 27, 2025, aims to better align executive rewards with shareholder value.
Casio India's commencement of sales for 28 locally manufactured watch models in August 2025 highlights a strategy for market responsiveness and localized operations.
The company's current management is actively pursuing a 'transformation' to adapt to market changes and define its future business vision.
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