Neturen Co., Ltd.
5976・Prime Market・Metal Products
Products Division Related Business
Netsuren's core segment manufacturing and selling products for civil engineering, construction, automotive, and construction machinery applications
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales | ¥36,335 million | ¥36,568 million | ↓ |
| Operating Profit | ¥464 million | ¥180 million | ↑ |
| Segment Assets | ¥33,856 million | ¥32,611 million | ↑ |
| Depreciation and Amortization | ¥1,181 million | ¥1,200 million | ↓ |
| Capital Expenditures (Increase in Tangible and Intangible Fixed Assets) | ¥877 million | ¥1,049 million | ↓ |
| Impairment Loss | ¥257 million | ¥479 million | ↓ |
Business Details
Manufactures and sells PC Steel Bars, Deformed PC Steel Bars, Shear Reinforcement Bars (for civil engineering and construction), High-Strength Spring Steel Wire ITW (for automotive and motorcycle suspensions), Swing Bearings for Construction Machinery, etc. In addition to domestic manufacturing, the segment operates globally through overseas subsidiaries and affiliates in the U.S., Czech Republic, China, and South Korea. As the largest segment, accounting for approximately 62% of consolidated net sales, its primary customer base spans the construction, automotive, and construction machinery markets.
Recent Overview
Net sales declined slightly, but price pass-through and strong overseas performance drove a 157.8% year-on-year increase in operating profit
In FY2026 (ending March 2026), net sales were ¥36,335 million (down 0.6% year on year), a slight decline. Civil engineering and construction-related products decreased due to the sluggish construction industry and construction delays, while high-strength spring steel wire benefited from solid overseas sales, and construction machinery-related products increased due to higher orders and the effect of price revisions in both Japan and China. Operating profit increased substantially to ¥464 million (up 157.8% year on year), driven by progress in passing on price increases and the effect of higher sales. Impairment loss was ¥257 million (down from ¥479 million in the prior period), occurring only within the Products Division.
Key Products
Growth Drivers
- Improved profitability of civil engineering and construction-related products through expanded adoption of high-strength shear reinforcement bars in building projects and pass-through of cost increases to sales prices
- Solid overseas sales growth from developing new customers and applications for high-strength spring steel wire in the U.S. and Czech Republic
- Continuation of increased orders and the effect of sales price revisions for construction machinery-related products
- Promotion of the global market expansion strategy under the 16th Medium-Term Management Plan "Aggressive Challenge One NETUREN 2026"
Risks
- Continuation of construction delays and postponed project starts due to the sluggish construction industry, labor shortages, and rising construction material costs
- Risk of discontinued use in mass-production vehicle models or customer production halts for automotive and motorcycle-related products other than high-strength spring steel wire
- Impact on automakers' production and sales volumes from prolonged U.S. tariff policy
- Impact on overseas subsidiaries' performance from the slowdown in the Chinese economy
- Risk of declining profitability due to increased fixed cost burden (reduced production volume when sales volume declines)
- Risk of continued impairment losses on fixed assets within the Products Division Related Business (¥257 million recorded in the current period)
Last updated: June 24, 2026