MITACHI CO., LTD.
3321・Standard Market・Wholesale Trade
Domestic Business Division
Core segment responsible for the procurement and sale of semiconductors and electronic components, as well as assembly processing sales, in Japan
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (external customers, full year FY2026 (ending May 2026)) | ¥102,391 million | ¥82,273 million | ↑ |
| Segment profit (full year FY2026 (ending May 2026)) | ¥2,512 million | ¥2,165 million | ↑ |
| Segment assets (full year FY2026 (ending May 2026)) | ¥29,413 million | ¥29,674 million | ↓ |
| Depreciation (full year FY2026 (ending May 2026)) | ¥32 million | ¥30 million | ↑ |
| Sales to Denso Group (full year FY2026 (ending May 2026)) | ¥77,773 million | ¥58,849 million | ↑ |
| Segment profit margin (full year FY2026 (ending May 2026)) | 2.4% | 2.6% | ↓ |
Business Details
This is the core segment of the Mitachi Sangyo Group, handling the domestic procurement and sale of semiconductors and electronic components as well as assembly processing sales. Its main customers span a wide range of fields including automotive (car electronics), consumer equipment, industrial equipment, and amusement equipment. The business is centered on the company itself and ME Tech Co., Ltd. In FY2026 (ending May 2026), growth in semiconductor sales to automotive parts manufacturers and increased sales in the amusement field drove performance, with this segment accounting for approximately 85.1% of consolidated net sales (on an external customer sales basis), remaining overwhelmingly the primary segment.
Recent Overview
Driven by automotive semiconductors and the amusement field, sales continued to grow, up 24.5% year on year
In FY2026 (ending May 2026), the Domestic Business Division achieved external customer sales of ¥102,391 million (up 24.5% year on year) and segment profit of ¥2,512 million (up 16.0% year on year), driven by the expansion of semiconductor sales to automotive parts manufacturers and steady performance in the amusement field (gaming machine-related). Sales to the Denso Group expanded significantly to ¥77,773 million from ¥58,849 million in the prior period. On the other hand, the profit margin declined slightly to a segment profit margin of 2.4% from 2.6% in the prior period. Note that for FY2027 (ending May 2027), a decline in sales is expected due to a decrease in some semiconductor sales in the automotive field.
Key Products
Growth Drivers
- Continued expansion of semiconductor sales to automotive parts manufacturers within the Denso Group (¥77,773 million in FY2026 (ending May 2026), up 32.1% year on year)
- Steady sales performance in the amusement field (gaming machine-related)
- Continued expansion of demand for semiconductors and electronic components for car electronics amid the electrification and advancement of electronic control in automobiles
- Expectations of increased orders in the industrial equipment field against the backdrop of the expanding AI-related market
- Strengthened initiatives in the mobility and industrial equipment fields based on the Medium-Term Management Plan 2026
Risks
- Risk of sales concentration in the Denso Group (dependence on a single customer accounting for approximately 75.9% of external customer sales in FY2026 (ending May 2026))
- Expected decline in sales in FY2027 (ending May 2027) due to a decrease in some semiconductor sales in the automotive field
- Risk of fluctuations in demand for semiconductors and electronic components due to changes in the automotive industry (such as the shift to electrification)
- Impact on the supply chain and demand from U.S. trade policy trends and geopolitical risks
- Inventory risk associated with an increase in inventory assets (¥20,327 million at the end of FY2026 (ending May 2026), up 14.7% year on year)
Last updated: August 21, 2025