TEIKOKU SEN-I Co.,Ltd.
3302・Prime Market・Textiles & Apparels
Business
Teijin Fibers (Teikoku Sen-i) is a long-established company founded in 1907. Starting from its original hemp fiber business, it transformed its business structure into disaster prevention following the Great Hanshin-Awaji Earthquake as a catalyst. It currently comprises three segments: the Disaster Prevention business (approximately 81% of net sales), which manufactures and sells fire hoses, disaster-prevention equipment, rescue vehicles, special disaster-prevention vehicles, security equipment, and the like as its core; the Textiles business (approximately 17% of net sales), covering hemp and high-performance fibers; and the Real Estate Leasing business (approximately 2% of net sales). Its main customers are government and public entities such as fire departments and municipalities (33.0% of net sales), while it has also been expanding its customer base into private-sector disaster prevention and security fields, including electric power companies, oil complexes, and airport facilities. The company is listed on the Prime Market of the Tokyo Stock Exchange.
Business Model
The Disaster Prevention segment operates an order-driven business model, in which the period-end order backlog serves as a leading indicator of the following period's sales. The consolidated order backlog at the end of FY2025 remained at a high level of ¥23,850 million (up 29.4% year on year). Manufacturing is handled by the Kanuma and Shimotsuke plants, while subsidiaries (Teisho, Kinpai Shoji, Teisen Techno, etc.) are responsible for regional sales, inspections, and special vehicle manufacturing, forming a vertically integrated group structure. The Real Estate Leasing segment provides stable earnings (operating margin of 75.2%) based on 20-year long-term lease agreements.
Company Strengths
Established a leading position as the top supplier in the fire-fighting and disaster prevention field across four business areas: Fire Hoses & Related Products, disaster prevention equipment, Rescue Vehicles & Special Disaster-Prevention Vehicles, and fire-resistant clothing. In FY2025, the Disaster Prevention segment posted net sales of ¥27,258 million (up 9.1% year on year) and achieved a segment operating margin of 15.8%. The order backlog at fiscal year-end reached a high of ¥20,286 million, up 29.1% year on year.
As of the end of FY2025, the equity ratio stood at 79.1%, with net assets of ¥72,388 million and cash and cash equivalents of ¥11,872 million. The company holds total assets of ¥53,425 million, including investment securities of ¥37,104 million, and maintains debt-free management, funding all working capital and investment needs entirely through operating cash flow.
Amid the ongoing increase in frequency, severity, and diversity of disasters caused by climate change, the Takaichi administration has designated "Disaster Prevention and National Resilience" as one of its 17 strategic priority fields. Multiple structural growth drivers are progressing simultaneously, including the nationwide rollout of the Hydrosub System (Mobile Hydraulic Drainage Pump System) to local governments and private-sector BCP applications, as well as growing demand for Security Equipment (Body Scanners, Explosive Detectors, etc.) driven by the increase in inbound tourism.
ENVALITH's Perspective
Performance Trend
Revenue over the past five fiscal years bottomed out at ¥28,033 million in FY2023 and recovered, expanding to ¥33,640 million in FY2025. In Q1 FY2026 (ending December 2026) (January–March), the company achieved substantial increases across all key metrics: revenue of ¥19,765 million (up 29.0% year on year), operating profit of ¥4,068 million (up 41.2% year on year), ordinary profit of ¥4,694 million (up 37.1% year on year), and quarterly net profit attributable to owners of the parent of ¥3,257 million (up 34.9% year on year). External factors that boosted performance included a sharp expansion in demand for measures against frequent forest fires and torrential rainfall, growth in the disaster-prevention infrastructure market for nuclear and energy facilities, and increased security demand for airports and events. The Textiles segment also saw a significant year-on-year increase in revenue driven by a large order for fire-resistant clothing for the Vietnamese fire service. The full-year forecast (revenue of ¥36,000 million, operating profit of ¥4,300 million) remains unchanged, and given the strong Q1 progress, it appears to remain at a conservative level.
Growth Strategy
Establish an advanced disaster prevention business under "Teisen 2028" and create new markets in drainage/water supply, security, and special vehicles
The Hydrosub System (Mobile Hydraulic Drainage Pump System) has been adopted by 50 municipalities nationwide, rapidly expanding demand beyond the traditional fire and disaster prevention domain. The disaster prevention infrastructure market is also expanding for critical energy-related facilities, including nuclear power plant reactor cooling systems, large-capacity foam discharge systems for petroleum industrial complexes, and Large-Diameter Hoses & Products for Energy Infrastructure.
Adoption of security equipment for aviation cargo and baggage inspection, centered on airport security, has been expanding. In recent years, the business has also expanded into entry management for events and theme parks. The segment name was changed to "Disaster Prevention & Security," and the organizational structure was also restructured accordingly. Segment sales for Q1 of FY2026 (ending December 2026) were ¥18,679 million, a significant increase year on year.
The company succeeded in securing a large order for Fire-Resistant Clothing for Export to Vietnam's fire department, establishing a bridgehead for the export business that had long been a challenge. Development is also progressing on products that combine the firefighting apparel development capabilities and functional fibers accumulated in the disaster prevention field to address social issues (e.g., firefighting equipment for mobile battery fires). Sales for the Textiles segment in Q1 of FY2026 (ending December 2026) were ¥944 million, a significant increase year on year.
The company is promoting plant transformation to shift from manufacturing bases to facilities equipped with strengthened technology and development functions, enhanced cost and quality control functions, and functions for education, training, and demonstration testing. As of the end of Q1 FY2026 (ending December 2026), construction in progress stood at ¥466 million (up from ¥258 million at the end of the previous fiscal year), indicating that capital investment is underway.
Last updated: July 17, 2026