ENVALITH
浅香工業株式会社 logo

ASAKA INDUSTRIAL CO.,LTD.

5962Standard MarketOther Products

浅香工業株式会社 logo
ASAKA INDUSTRIAL CO.,LTD.5962

Daily Necessities

Core segment responsible for in-house manufacturing of Shovels and sales of gardening and agricultural products

PeriodCurrentPreviousChange
Net sales¥5,311 million¥5,044 million
Segment profit¥140 million¥49 million
Segment assets¥3,433 million¥3,547 million
Depreciation¥65 million¥74 million
Increase in tangible and intangible fixed assets¥32 million¥313 million
Net sales to major customer (DCM Corporation)¥854 million¥877 million

Business Details

This segment manufactures and sells Shovels (shovels, scoops, and spades) and purchases and sells Outdoor Goods & Construction/Agricultural Equipment (gardening tools) and Construction/Agricultural Equipment (civil engineering and construction equipment, agricultural tools, and wood products). The main sales channels are domestic home centers and specialty stores, with DCM Corporation as the major customer (net sales of ¥854 million). Exports extend both domestically and internationally, mainly to the United States, the Middle East, and Europe. Net sales for FY2026 (ending March 2026) were ¥5,311 million, accounting for approximately 63.5% of total company sales.

Recent Overview

Snow-removal, watering, and agricultural tools drove a 5.3% increase in net sales, with segment profit improving substantially

Net sales for the Daily Necessities segment in FY2026 (ending March 2026) were ¥5,311 million (up 5.3% year on year). Within Shovels, domestic sales increased 4.4%, while exports fell 33.6% due to declines in sales to the United States and Central Africa in the second half. Within Outdoor Goods & Construction/Agricultural Equipment, growth in snow-removal-related products, watering-related products, and agricultural tools contributed to a 6.3% increase. Profit margins improved due to the effects of price revisions and other factors, and segment profit improved substantially to ¥140 million from ¥49 million in the prior period. The segment's share of total company sales rose from 59.7% to 63.5%.

Key Products

product
Shovels

Domestic sales were ¥772 million (up 4.4% year on year), export sales were ¥60 million (down 33.6% year on year), for a total of ¥832 million (up 0.3% year on year). The company launched new products such as the 2-way shovel and an Evangelion collaboration shovel, and conducted proactive sales activities. Exports to the United States and Central Africa declined in the second half.

product
Outdoor Goods & Construction/Agricultural Equipment

Net sales were ¥4,478 million (up 6.3% year on year). Sales of snow-removal-related products grew, as did sales of watering-related products due to intense heat, along with sales of agricultural tools. Although there was some restraint in purchasing due to price revisions on certain products, overall sales increased. Domestic sales accounted for 98.4% of the segment's sales.

Growth Drivers

  • Expanding demand for agricultural tools, snow-removal-related products, and watering-related products (snow-removal and watering-related products contributed to increased sales in FY2026)
  • Sales expansion and customer acquisition through new product launches (2-way shovel, Evangelion collaboration shovel, etc.)
  • Improved profit margins from the penetration of price revisions (segment profit increased substantially year on year in FY2026)
  • Continued proactive domestic sales activities (deepening penetration into home center and specialty store channels)
  • Expectations for early winter orders due to reduced market distribution inventory of snow-removal-related products

Risks

  • Risk of consumer purchasing restraint due to price revisions (deteriorating consumer sentiment amid continued price inflation)
  • Risk of cost pressure from persistently high raw material and energy prices
  • Seasonality and weather dependency risk for snow-removal-related products (performance fluctuations depending on snowfall levels)
  • Export instability risk (sales to the United States and Central Africa declined sharply in the second half, affected by U.S. trade policy)
  • Risk of sales concentration on major customer DCM Corporation (net sales of ¥854 million in FY2026)
  • Intensifying competition with low-priced overseas products (price competition in the shovel and scoop market)

Last updated: June 25, 2026