ENVALITH
株式会社ワイズホールディングス logo

WISE HOLDINGS CO., LTD.

5955Standard MarketMetal Products

株式会社ワイズホールディングス logo
WISE HOLDINGS CO., LTD.5955

Business

Y's Holdings Corporation traces its origins to a screw manufacturing business founded in 1917, and transitioned to a holding company structure in October 2024. The group now comprises 9 consolidated subsidiaries. In its core Metal Products Business (net sales of ¥8,273 million), the company manufactures and sells screws and precision spring parts for automotive, industrial equipment, and precision equipment applications both domestically and internationally, with production sites in Thailand and China as well. The Electronic Components Business (¥1,787 million) handles the procurement and sales of wire and cable for industrial equipment and telecommunications, as well as semiconductors and electronic components. The Chemical Products Business (¥2,337 million) sells resin, synthetic rubber, and other materials to a wide range of industries including automotive, home appliances, and medical. Real estate leasing and solar power generation also function as stable revenue sources, and the group's main customers are automakers and their supply chains.

Business Model

The Metal Products Business accounts for approximately 65% of group revenue, underpinned by an order-based manufacturing and sales model linked to automobile production trends. The Electronic Components Business and Chemical Products Business provide supplementary sales, while Real Estate leasing (operating margin of approximately 49%) and Solar Power Generation (approximately 16%) provide stable earnings resilient to economic fluctuations. The transition to a holding company structure consolidates Group Management Service functions, creating a structure that simultaneously promotes autonomous earnings improvement at each operating company and greater efficiency in company-wide costs.

Company Strengths

In the Metal Products Business, the company has built a global production and sales network comprising three domestic companies plus YAMASHINA BANGKOK FASTENING Co., LTD. and LADVIK (THAILAND) Co., LTD. in Thailand, and Yamashina Service (China) Co., Ltd. in China. Production output in the Metal Products Business for FY2026 (ending March 2026) reached the equivalent of ¥7,925 million, up 16.3% year on year, with the global framework contributing to cost optimization and supply stability.

The Real Estate Leasing Business achieved operating income of ¥123 million on sales of ¥251 million in FY2026 (ending March 2026), an operating margin of approximately 49%. It has a resilience to economic fluctuations that differs from the manufacturing and sales businesses, constituting a structural strength that contributes to stabilizing the group's overall earnings. The company continues to focus on maintaining occupancy rates, and profit has grown steadily, up 1.3% year on year.

The company has been engaged in screw manufacturing for over 100 years since its founding in 1917, accumulating precision screw technology through patent licensing agreements with companies such as Illinois Tool Works and Textron in the United States and EJOT of Germany. In addition to obtaining ISO9001 and ISO14001 certifications, the order backlog in the Metal Products Business for FY2026 (ending March 2026) grew to ¥943 million (up 14.3% year on year), with long-term relationships with business partners underpinning the order base.

ENVALITH's Perspective

In FY2026 (ending March 2026), net sales reached ¥12,725 million (up 7.8% year on year), operating profit ¥581 million (up 30.3%), and profit attributable to owners of parent ¥371 million (up 42.3%), marking significant improvement across all indicators. In addition to the base effect from the prior period's one-off goodwill impairment loss of ¥98 million in the Electronic Components Business, the Metal Products, Electronic Components, and Chemical Products businesses all achieved higher sales. The operating margin improved from 3.8% to 4.6%, confirming an underlying strengthening of the earnings structure.

The company's forecast for FY2027 (ending March 2027) calls for net sales of ¥13,300 million (up 4.5% year on year), against which operating profit is projected at ¥585 million (up 0.7%), ordinary profit at ¥600 million (flat, 0.0%), and net income at ¥371 million (flat, 0.0%) — effectively flat profit. Trends in U.S. tariff policy, rising energy costs stemming from the situation in the Middle East, and elevated raw material prices are expected to continue weighing on earnings, illustrating a structure in which the benefits of higher sales are offset by rising costs.

The Metal Products Business accounts for approximately 65% of consolidated net sales, and the concentration of major customers in the automotive industry means the company is highly sensitive to fluctuations in automotive production. While the Electronic Components Business turned profitable in FY2026 (ending March 2026) (operating profit of ¥40 million), profitability remains low relative to segment assets of ¥2,033 million. Furthermore, against operating cash flow of ¥1,269 million, cash outflow from financing activities increased to ¥446 million (including ¥99 million in treasury stock purchases), making the explanation of capital allocation priorities a challenge going forward.

Growth Strategy

Under the holding company structure, the group is pursuing strengthened group management, cost reduction, and human resource development to achieve sustainable growth

Building on the transition to a holding company structure in October 2024, the group is promoting faster decision-making through clarification of authority and responsibility. Companywide expenses have been reduced from ¥202 million in the previous fiscal year to ¥174 million in the current fiscal year, and management efficiency improvements are progressing. The group will continue to strengthen its ability to respond flexibly to market demands.

Amid continued rises in material prices, the group is promoting the establishment of a production and procurement system and cost reductions. Results are emerging, such as the Metal Products Business's operating margin improving by 0.4 percentage points year on year to 4.9% in FY2026 (ending March 2026). The group will continue cost reduction activities to improve profitability.

In the previous fiscal year, the group recorded a goodwill impairment loss of ¥98 million, clearing away legacy negative factors. In FY2026 (ending March 2026), due to a recovery trend in orders received, net sales reached ¥1,787 million (up 22.7% year on year) and operating profit was ¥40 million, achieving a return to profitability. The group will continue to work on expanding orders and improving profitability.

Under the holding company structure, the group is promoting cross-group human resource development and organizational structure transformation. The group aims to strengthen its organizational capabilities to continue providing the value that society needs, with the goal of maintaining and enhancing medium- to long-term competitiveness.

Last updated: July 19, 2026