FUJIKURA COMPOSITES Inc.
5121・Prime Market・Rubber Products
Industrial Materials
The Group's largest segment, manufacturing and selling Industrial Precision Rubber Parts, Pneumatic Control Equipment, and other products
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year, FY2026 (ending March 2026)) | ¥23,178 million | ¥23,393 million | ↓ |
| Operating profit (full year, FY2026 (ending March 2026)) | ¥727 million | ¥199 million | ↑ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥24,897 million | ¥24,638 million | ↑ |
| Depreciation and amortization (full year, FY2026 (ending March 2026)) | ¥1,172 million | ¥1,104 million | ↑ |
| Capital expenditure (increase in tangible and intangible fixed assets, full year, FY2026 (ending March 2026)) | ¥888 million | ¥1,548 million | ↓ |
Business Details
This segment manufactures and sells Industrial Precision Rubber Parts, Pneumatic Control Equipment, Electrical Insulation & Connection Materials, and other products. Its main customers are in the domestic and overseas automotive, housing equipment, semiconductor/LCD manufacturing equipment, and medical device markets, with manufacturing and sales handled by the Company as well as consolidated subsidiaries in China, the United States, and Vietnam. As a core segment accounting for approximately 58% of Group sales, in FY2026 (ending March 2026) revenue decreased 0.9% year on year, while operating profit achieved a significant improvement, increasing 264.9% year on year.
Recent Overview
Despite a revenue decline, operating profit improved substantially, up 264.9% year on year, with profitability significantly enhanced
In the Industrial Materials segment for FY2026 (ending March 2026), net sales were ¥23,178 million (down 0.9% year on year) and operating profit was ¥727 million (up 264.9% year on year). A recovery in orders for domestic automotive-related and housing equipment-related parts contributed to higher revenue and profit, while a decline in China's automotive and housing equipment markets, weak orders from local companies in North America, the completion of a cycle in capital investment for AI semiconductor manufacturing equipment for Taiwan, sluggish capital investment in LCD manufacturing equipment for China, and reduced production of certain medical-related parts for China combined to result in lower revenue. Nevertheless, operating profit recovered significantly due to improvements in the profit structure.
Key Products
Growth Drivers
- Recovery trend in orders for domestic automotive-related and housing equipment-related parts
- Recovery in capital expenditure related to lithium-ion battery manufacturing equipment parts
- Capturing demand for electrical/electronic components through synergies with the Coated Fabric Products segment
- Improved profitability through better manufacturing cost management (operating profit increased substantially despite a slight decline in sales)
- Reduction of fixed costs through optimization of Group logistics and production systems
Risks
- Risk of continued weakness in the automotive and housing equipment markets in China
- Continued weak orders from local companies in the North American market
- Demand slowdown following the completion of a cycle in capital investment for AI semiconductor manufacturing equipment for Taiwan
- Prolonged weakness in capital investment for LCD manufacturing equipment for China
- Risk of reduced production of medical-related parts for China
- Supply chain disruption due to geopolitical risk and tariff policies in various countries
- Delay in passing on rising manufacturing costs (higher raw material and labor costs) through pricing
- Risk of impairment of fixed assets (an impairment loss of ¥39,258 thousand was recorded in FY2026 (ending March 2026))
Last updated: June 24, 2026