Ai Holdings Corporation
3076・Prime Market・Wholesale Trade
Security Equipment
High-margin core business developing security systems for condominiums and corporations
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (nine months ended March 2026, FY2026 (ending March 2026)) | ¥12,261 million | ¥11,845 million (nine months ended March 2025, FY2025 (ended March 2025)) | ↑ |
| Segment profit (nine months ended March 2026, FY2026 (ending March 2026)) | ¥4,926 million | ¥4,867 million (nine months ended March 2025, FY2025 (ended March 2025)) | ↑ |
| Segment profit margin (nine months ended March 2026, FY2026 (ending March 2026)) | 40.2% | 41.1% (nine months ended March 2025, FY2025 (ended March 2025)) | ↓ |
| Net sales (full year, FY2025 (ended March 2025)) | ¥15,201 million | — | — |
| Segment profit (full year, FY2025 (ended March 2025)) | ¥6,150 million | — | — |
| Net sales (interim period, FY2026 (ending March 2026)) | ¥7,464 million | — | — |
| Segment profit (interim period, FY2026 (ending March 2026)) | ¥3,055 million | — | — |
Business Details
A segment engaged in the development, manufacturing, and sale of security system equipment. Major subsidiaries include Dodwell B-M-S Corporation, I Engineering Co., Ltd., and SS Unit Co., Ltd. The business operates along two axes—condominiums (for sale and for rent) and general corporations—and, since the majority of contracts are lease contracts, it has a stable earnings structure based on renewal demand. It is the core segment, accounting for approximately 56.5% of the group's overall operating profit (for the nine months ended March 2026, FY2026 (ending March 2026)).
Recent Overview
Higher sales and profit driven by strong new sales-type condominiums and AI security orders from government agencies
For the nine months ended March 2026 (July 2025 to March 2026), net sales were ¥12,261 million (up 3.5% year on year) and segment profit was ¥4,926 million (up 1.2% year on year). For condominiums, new orders for units for sale trended favorably. For general corporations, the segment benefited from an order for a next-generation security system utilizing AI image analysis technology for government agencies. While the segment achieved higher sales and profit, the profit margin declined slightly (from 41.1% to 40.2%).
Key Products
Growth Drivers
- Continued capture of renewal demand from lease expirations for condominiums for sale
- Expansion of the customer base through increased new installations in rental properties
- Growing demand for "visualization" and AI image analysis among general corporations
- Increased orders for next-generation security systems (AI image analysis) for government agencies
- Large orders from financial institutions, factories, and other clients
- Enhanced product lineup through collaboration with leading agencies
Risks
- The ongoing need to review installed equipment and improve the profit structure in the condominium market
- Intensifying price competition in the general corporate market and challenges in entering untapped markets
- Rising costs for recruiting and training installation contractors
- Structural changes in the industry due to technological innovation such as video compression methods, cloud systems, and AI utilization
- Macroeconomic risks such as rising prices and yen depreciation
Last updated: September 26, 2025