SEIRYO ELECTRIC CORPORATION
4341・Standard Market・Services
Information & Communications Terminal Equipment Business
Core revenue-generating segment handling direct sales and repair/refurbishment of mobile devices
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥8,893 million | ¥8,209 million | ↑ |
| Operating profit | ¥911 million | ¥838 million | ↑ |
| Segment assets | ¥1,858 million | ¥1,790 million | ↑ |
| Year-on-year net sales growth rate | up 8.3% | – | ↑ |
Business Details
This segment consists of two businesses: direct over-the-counter sales of mobile information and communications terminals through directly operated stores of NTT Docomo, au, SoftBank, and UQ Mobile (Mobile Sales Business), and contracted repair and refurbishment of defective products in the market (Circular Solution Business). The business is operated by the Company and its consolidated subsidiary Comtech Service Corporation. Although the business environment remains challenging due to changes in sales incentive policy, conditions are gradually stabilizing.
Recent Overview
Increased revenue and profit driven by higher unit sales of mobile devices, with fixed cost increases covered by expanded sales scale
In the Information & Communications Terminal Equipment Business for FY2026 (ending March 2026), net sales reached ¥8,893 million (up 8.3% year on year), mainly driven by an increase in the number of mobile devices sold. On the profit side, the increase in fixed costs, primarily personnel expenses, was covered by the expansion in sales scale, resulting in an increase in operating profit to ¥911 million (versus ¥838 million in the prior period). While the business environment is expected to remain challenging in the next fiscal year, the Company plans to work on optimizing store operations and securing profitability with the aim of improving customer satisfaction.
Key Products
Growth Drivers
- Increase in the number of mobile devices sold (strengthening customer acquisition at directly operated stores)
- Optimization of store operations and promotion of community-based sales aimed at improving customer satisfaction
- Development of new market areas leveraging proprietary technology in the repair and refurbishment business
- Gradual stabilization of the business environment following the change in sales incentive policy
- Strengthening profitability through productivity improvements in after-sales service for mobile communication terminals
Risks
- Continued challenging business environment due to changes in sales incentive policy
- Upward pressure on fixed costs, primarily personnel expenses
- Risk of consumers holding back purchases due to rising device prices
- Cost increases associated with implementing measures to improve treatment of personnel in line with market conditions
Last updated: June 24, 2026