ENVALITH
不二サッシ株式会社 logo

FUJISASH CO.,LTD.

5940Standard MarketMetal Products

不二サッシ株式会社 logo
FUJISASH CO.,LTD.5940

Building Materials Business

Fuji Sash's core business. A key segment centered on building sash and renovation, accounting for approximately 71% of total company sales.

PeriodCurrentPreviousChange
Segment sales (external customers, full year)¥71,639 million¥75,365 million
Segment profit (full year)¥3,752 million¥3,455 million
Segment profit margin (full year)5.2%4.6%
Depreciation and amortization (full year)¥1,173 million¥1,210 million

Business Details

Manufactures and sells curtain walls, sash and doors for buildings, low- to mid-rise sash and doors, renovation sash, residential sash, entrance sliding doors and doors, interior fixtures, exterior products, and other items. Primarily oriented toward the domestic construction market, with new building construction projects and renovation projects serving as the main sources of demand. Manufacturing is handled by the company and its manufacturing subsidiaries, while sales are handled by the nationwide network of sales subsidiaries and Fuji Sash Renewal Co., Ltd. The company is pursuing profitability improvement measures through thorough high-value-added activities and cost reduction activities.

Recent Overview

Lower revenue but higher profit. Sales declined due to construction schedule changes, but profit margin improved through high-value-added activities and cost reduction.

In the Building Materials Business for FY2026 (ending March 2026), affected by changes in construction schedules in the new building construction business, sales to external customers decreased to ¥71,639 million (down 5.0% year on year from ¥75,365 million in the prior period). On the other hand, in addition to steady performance in the renovation business, the company focused on profitability improvement measures such as thorough high-value-added activities and cost reduction activities, resulting in segment profit increasing to ¥3,752 million (up 8.6% year on year from ¥3,455 million in the prior period). The segment profit margin improved from 4.6% to 5.2%.

Key Products

product
Curtain Walls & Sash for Buildings

Exterior building materials centered on curtain walls and sash/doors for buildings. While large-scale urban development projects are on an increasing trend, the number of projects in the overall building sash business is on a declining trend, affected by changes in construction schedules.

product
Renovation & Residential Sash

A product group responding to renovation and remodeling demand for existing buildings. The renovation business continued to perform steadily during the period, partially offsetting the decline in revenue caused by changes in construction schedules in the new building construction business. Fuji Sash Renewal Co., Ltd. is leading sales.

product
Interior Fixtures & Exterior Products

A group of interior and exterior building materials products including interior fixtures, entrance sliding doors and doors, and exterior products. These are recorded collectively as part of the Building Materials Business's sales, comprising curtain walls, sash, doors, interior fixtures, exterior products, and other items.

Growth Drivers

  • Support for demand in the new building construction business from the increasing trend in large-scale urban development projects
  • Steady performance in the renovation business (led by Fuji Sash Renewal Co., Ltd.)
  • Improvement in profit margin through thorough high-value-added activities and cost reduction activities
  • Strengthening of the profit base through improved profitability and capital efficiency (laying the foundation for growth investment from FY2027 (ending March 2027) onward)
  • Promotion of business process rationalization and higher profitability of core businesses under the new medium-term management plan

Risks

  • Risk of continued declining trend in the number of projects across the overall building sash business
  • Risk of construction schedule changes and construction delays due to the declining working population
  • Risk of cost pressure from soaring construction material prices and persistently high aluminum ingot prices
  • Risk of surging aluminum ingot prices due to escalating tensions in the Middle East (dependence on overseas imports)
  • Risk of construction plan revisions due to shortages of building materials derived from petrochemical products
  • Risk of rising procurement costs due to a weaker yen and soaring energy prices

Last updated: June 24, 2026