MATSUMOTO YUSHI-SEIYAKU CO.,LTD.
4365・Standard Market・Chemicals
Japan
Core segment of Matsumoto Yushi-Seiyaku. A highly profitable business supplying surfactants domestically and internationally.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (External Customers) | ¥38,761 million | ¥40,423 million | ↓ |
| Segment Profit (Operating Income) | ¥7,970 million | ¥9,014 million | ↓ |
| Operating Margin | 20.6% | 22.3% | ↓ |
| Segment Assets | ¥100,803 million | ¥90,144 million | ↑ |
| Capital Expenditures (Increase in Tangible/Intangible Fixed Assets) | ¥282 million | ¥539 million | ↓ |
Business Details
The main segment handled by Matsumoto Yushi-Seiyaku Co., Ltd. (the Company on a standalone basis) for manufacturing and sales. It supplies Anionic Surfactants, Nonionic Surfactants, Cationic & Amphoteric Surfactants, and Polymer & Inorganic Products, etc. to a wide range of industries including textiles, automotive parts, toiletries, and cosmetics. This is the core consolidated business, accounting for approximately 94% of net sales. Major customers include Marubeni Chemix Corporation (31.9% of consolidated net sales) and Nihon Quaker Chemical Co., Ltd. (11.0%).
Recent Overview
Both net sales and operating income declined year on year. Overseas and textile-related demand was generally weak.
In the Japan segment for FY2026 (ending March 2026), net sales to external customers were ¥38,761 million (down 4.1% year on year), and segment profit was ¥7,970 million (down 11.6% year on year). All three major product categories—Anionic Surfactants, Nonionic Surfactants, and Polymer & Inorganic Products, etc.—recorded declines, while only Cationic & Amphoteric Surfactants achieved a 7.5% increase in sales. The main causes were overall weak overseas demand, customer business closures and production system restructuring in domestic textiles, and sluggishness in the automotive parts and cosmetics fields. Capital expenditures also decreased significantly from ¥539 million to ¥282 million.
Key Products
Growth Drivers
- Continued steady demand for domestic textiles, household detergents, and overseas markets in Cationic & Amphoteric Surfactants
- Expanded sales of Polymer & Inorganic Products, etc. for non-textile industrial applications (automotive parts, resin molding, oils for DI cans)
- Diversification of the revenue base through promotion of new customer and application development activities
- Development of new products with high quality and price competitiveness (high value-added new materials and applications)
- Sales expansion of surfactants for overseas markets amid a recovery in demand
Risks
- Structural contraction of the domestic textile industry (declining demand due to customer business closures and production system restructuring)
- Sluggish overseas sales (continued global apparel recession and weak textile market conditions)
- Profit pressure from rising raw material prices and higher energy costs
- Foreign exchange rate fluctuation risk (impact on export profitability and imported raw material costs)
- Risk of sales concentration in major customers (Marubeni Chemix alone accounts for 31.9% of consolidated net sales)
- Risk of economic downturn due to U.S. trade policy trends and uncertainty in demand from the automotive industry
Last updated: June 22, 2026