KURABO INDUSTRIES LTD.
3106・Prime Market・Textiles & Apparels
Textiles Business
Kurabo's core business manufacturing and selling yarns, uniforms, and casual products
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers, FY2026 ending March 2026) | ¥43,276 million | ¥48,532 million | ↓ |
| Net sales (including internal sales, FY2026 ending March 2026) | ¥43,332 million | ¥48,586 million | ↓ |
| Operating income/loss (FY2026 ending March 2026) | -¥897 million | ¥75 million | ↓ |
| Segment assets (end of FY2026 ending March 2026) | ¥47,008 million | ¥52,952 million | ↓ |
| Depreciation (FY2026 ending March 2026) | ¥1,050 million | ¥1,314 million | ↓ |
| Increase in tangible and intangible fixed assets (FY2026 ending March 2026) | ¥1,588 million | ¥798 million | ↑ |
| Impairment loss (FY2026 ending March 2026) | ¥43 million | ¥1,096 million | ↓ |
Business Details
Leveraging proprietary technologies in spinning, weaving, dyeing/finishing, and sewing, the company manufactures and sells natural fiber-based yarns, uniforms, and casual products centered on cotton. It has built a global supply chain in collaboration with domestic and overseas affiliated companies (Brazil, Thailand, Indonesia, etc.). While promoting the expansion of the high-performance product 'NaTech', which utilizes raw material modification technology, and expanding sales of uniform apparel products, the segment is also pursuing structural reforms including the closure of the Anjo Plant to strengthen profitability.
Recent Overview
Net sales down 10.8%, operating loss of ¥897 million; Anjo Plant closure weighed on results
In the Textiles Business for FY2026 (ending March 2026), net sales significantly deteriorated to ¥43,276 million (down 10.8% year on year), with an operating loss of ¥897 million (versus operating income of ¥75 million in the prior year). Yarn saw increased revenue driven by solid sales of NaTech and denim yarn through the Thai subsidiary, but knit yarn sales at the Brazilian subsidiary were weak. Uniforms achieved higher revenue due to increased orders for apparel. Casual wear saw lower revenue due to decreased orders from domestic SPA customers. The recording of abnormal operating costs associated with the closure of the Anjo Plant was the main factor behind the operating loss. An impairment loss of ¥43 million was recorded in connection with the relocation of the manufacturing site of the Indonesian subsidiary. For FY2027 (ending March 2027), the company forecasts a recovery to net sales of ¥45,600 million and operating income of ¥400 million.
Key Products
Growth Drivers
- Promotion of development and expanded sales of the high-performance product 'NaTech', improving profitability in the yarn category
- Steady progress in denim sales leveraging the Thai subsidiary
- Increased orders for uniform apparel products (flame-resistant materials, functional materials, etc.)
- Improved production cost efficiency through reorganization of the global supply chain following the Anjo Plant closure
- Strengthening profitability through structural reform of the Textiles Business under the medium-term management plan 'Accelerate'27'
Risks
- Risk of continued decline in orders for domestic SPA-oriented casual fabrics
- Deterioration in overseas business profitability due to sluggish knit yarn sales at the Brazilian subsidiary
- Risk of structural reform costs and additional expenses following the Anjo Plant closure
- Risk of rising manufacturing costs due to significant fluctuations in raw material/fuel prices and foreign exchange rates
- Impact on exports and overseas business from US additional tariff policies and delayed recovery of the Chinese economy
- Risk of prolonged demand weakness due to delayed recovery in the textile and apparel market
Last updated: June 25, 2026