NIPPON PRIMEX INC.

Business Details

Nippon Primex's reportable segment is a single segment consisting of the "mini-printer development, manufacturing, and sales business," and there is no independent "Other segment." The "Other" category in the product group disclosure includes PCs, tablets, displays, scanners, card readers, automatic change dispensers, and similar equipment. Key items include peripheral equipment for ticket vending machines and payment terminals used in the lodging, food service, and retail industries, as well as tablets for self-ordering systems. Sales have continued to trend upward against a backdrop of diversifying smartphone payment methods and labor shortages.

Recent Overview

In FY2026 (ending March 2026), the "Other" products group posted a slight revenue increase of 0.6% year on year to ¥1,494 million.

In FY2026 (ending March 2026), sales of the "Other" products group were ¥1,494 million (up 0.6% year on year), a modest increase. Against a backdrop of diversifying smartphone payment methods and labor shortages, sales of self-checkout equipment, automatic change dispensers, self-ordering tablets, scanners, and various readers/writers for the lodging, food service, and retail industries maintained an upward trend. Meanwhile, company-wide sales declined 0.7% year on year to ¥7,043 million, as the mainstay boxed mini-printers fell 7.0% year on year; against this backdrop, the "Other" products group showed relatively stable performance.

Key Products

Growth Drivers

• Increased sales of peripheral equipment (tablets, scanners, readers/writers) for ticket vending machines and payment terminals in the lodging, food service, and retail industries
• Expanding demand for mobile ordering equipment due to the spread of self-ordering systems at restaurant chains
• Expanding demand for various equipment targeting foreign customers amid rising inbound tourism demand
• Growth in displays for reception and prescription printing at medical institutions
• Continued expansion of demand for automatic change dispensers (labor-saving needs)
• Increased demand for peripheral equipment addressing diversifying payment methods such as smartphone payments

Risks

• Rising procurement costs due to continued yen depreciation and difficulty passing these costs on to sales prices
• Risk of restrained corporate capital investment due to a moderate pace of economic recovery
• Risk that declining sales of POS register mini-printer units could spill over into reduced demand for peripheral equipment
• Impact on the supply chain and procurement costs from geopolitical risks such as US tariff measures (Trump tariffs)
• Risk to sales capability and technical succession due to an aging workforce
• Difficulty for investors to conduct detailed analysis due to non-disclosure of detailed profitability and order information for the "Other" products group, given single-segment disclosure