Amatei Incorporated
5952・Standard Market・Metal Products
For Construction & Packaging
The core segment operated by Amatei Corporation itself, centered on the manufacture and sale of nails and Construction Materials.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year, FY2026 (ending March 2026)) | ¥3,808 million | ¥3,969 million (full year, FY2025 (ended March 2025)) | ↓ |
| Segment operating income (full year, FY2026 (ending March 2026)) | ¥320 million | ¥321 million (full year, FY2025 (ended March 2025)) | — |
| Orders received (full year, FY2026 (ending March 2026)) | ¥3,818 million | Down 3.4% year on year | ↓ |
| Order backlog (end of FY2026 (ending March 2026)) | ¥318 million | Up 3.1% year on year | ↑ |
| Net sales to Daito Steel Co., Ltd. (full year, FY2026 (ending March 2026)) | ¥1,208 million | ¥1,211 million (full year, FY2025 (ended March 2025)) | — |
Business Details
The mainstay business of Amatei Corporation itself, engaged in the manufacture, procurement, and sale of Standard Nails, Special Nails & Various Connected Nails, Construction Materials, Nail Guns, and other products. The main customer is Daito Steel Co., Ltd. (approximately 22.5% of net sales). While centered on domestically produced products, the segment also handles overseas OEM products, addressing a wide range of needs from general-purpose items to high-value-added products. This is the group's foundational segment, accounting for approximately 71% of consolidated net sales. Profitability is maintained through optimization of the product mix between overseas OEM products and domestically produced products, as well as fixed cost reductions.
Recent Overview
Net sales decreased 4.0% year on year, but cost optimization kept segment operating income nearly flat.
Net sales for the Construction & Packaging segment in FY2026 (ending March 2026) were ¥3,808 million (down 4.0% year on year). The main cause was a decline in housing demand (due to the declining birthrate, rising housing prices, higher interest rates, a reaction to the rush in housing starts ahead of the revision to the Building Standards Act, and delays in confirmation applications). On the other hand, optimization of the product mix between overseas OEM products and domestically produced products, together with fixed cost reductions, kept segment operating income nearly flat at ¥320 million (down 0.2% year on year). Demand for non-residential wooden buildings is on an increasing trend, and new demand creation is progressing.
Key Products
Growth Drivers
- Increasing trend in non-residential mid-rise wooden buildings (government and Forestry Agency policies promoting the use of domestic timber)
- Expanding demand for high-value-added products such as Special Nails (demand for wooden construction linked to carbon-neutrality policies)
- Improved profitability through optimization of the product mix between overseas OEM products and domestically produced products
- Increasing trend in housing construction using the two-by-four method (in response to labor shortages and work-style reform)
- Reduction in manufacturing costs through fixed cost reductions and production automation
Risks
- Long-term gradual decline in new housing starts (declining birthrate, population decline)
- Continued rise in housing acquisition prices due to soaring material costs and labor costs, and continued buyer hesitancy
- Risk of delays in confirmation applications and fluctuations in construction starts due to the revision of the Building Standards Act
- Elevated raw material (wire rod) prices and rising energy costs
- Supply system risk for overseas OEM products (geopolitical risk, supply chain disruption)
- Risk of sales concentration in Daito Steel Co., Ltd. (approximately 22.5% of net sales)
Last updated: June 17, 2026