TOKYO ROPE MFG. CO., LTD.
5981・Prime Market・Metal Products
Steel Cords and Wires
The core segment of Tokyo Rope. Manufactures and sells wire rope, fiber rope, and related products, accounting for approximately 44% of consolidated net sales.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (External Customers) | ¥28,229 million | ¥28,947 million | ↓ |
| Segment Profit | ¥2,533 million | ¥2,239 million | ↑ |
| Segment Assets | ¥45,765 million | ¥44,169 million | ↑ |
Business Details
A segment in which products are manufactured by the Company and its consolidated subsidiary Tokyo Rope Fiber Rope Co., Ltd. and equity-method affiliate Toyo Rope Mfg. Co., Ltd., among others, and sold through Tokyo Seiko Wire Rope Sales Co., Ltd. The main products are Wire Rope, Various Wire Products, Fiber Rope & Net, supplied both domestically and overseas centered on construction, infrastructure, and industrial applications. Segment assets stand at ¥45,765 million, accounting for approximately 51% of the entire company, positioning it as the Group's core business.
Recent Overview
Net sales decreased year on year, while segment profit improved. Segment assets were finalized at ¥45,765 million after restatement.
In FY2026 (ending March 2026), net sales to external customers in the Steel Cords and Wires segment decreased to ¥28,229 million from ¥28,947 million in the prior period, while segment profit increased to ¥2,533 million from ¥2,239 million in the prior period, indicating improved profitability. Note that, following the correction to the earnings report dated June 22, 2026, segment assets were revised from ¥46,275 million (pre-correction) to ¥45,765 million. The adjustment amount was also changed from ¥833 million to ¥831 million.
Key Products
Growth Drivers
- Profitability improvement through the penetration of product price revisions (in response to rising material and labor costs)
- Maintenance and improvement of profit margins through reduced operating costs
- A stable sales base for steel cord and fiber rope products underpinned by construction and infrastructure demand
- Maintenance of the sales network through collaboration with group companies such as Tokyo Seiko Wire Rope Sales Co., Ltd. and Toyo Rope Mfg. Co., Ltd.
Risks
- Risk of sales fluctuation due to changes in demand for high value-added, high-end products
- Risk of margin decline due to increased personnel expenses, R&D costs, and other expenses
- Profit pressure from the time lag between rising material costs and product price revisions
- Risk of impairment losses arising from idle assets
- Risk of declining operational efficiency amid a trend of shrinking production volume
Last updated: June 24, 2026