KLASS Corporation
6233・Standard Market・Machinery
Business
KLASS Corporation (formerly Kyokuto Sanki), founded in 1948 and headquartered in Tatsuno City, Hyogo Prefecture, is a manufacturing group operating through four segments: Professional (Interior, Tatami, and S&N businesses), Consumer (Special Function Tatami, Solar, and Electricity Sales), Industry (Industrial Equipment and Food Equipment), and New Industry (subsidiary ROSECC). Its major customers range widely across interior construction contractors, tatami retailers, large manufacturers, and food service chains. Centered on seven core technologies—sewing, cutting, measuring, coating, peeling, folding, and measurement—the company provides products and services to diverse industries under a consistent concept of labor-saving and automating artisan handiwork. In October 2023, the company changed its name to KLASS Corporation and is currently promoting its transformation into a
Business Model
The Professional Segment, accounting for approximately 70% of net sales, secures stable revenue through sales of products such as interior construction equipment and tatami manufacturing equipment, along with ongoing purchase-and-resale of consumables and auxiliary materials. The Industry and New Industry Segments achieve high profit margins through a made-to-order production model tailored to customer specifications, with order backlog at the end of the fiscal year ending September 2025 standing at ¥824 million (up 142.5% year on year), a structure that underpins sales for subsequent periods. The Consumer Segment has a mix of revenue sources including Special Function Tatami, solar power, and electricity sales. Companywide ROE was 5.8% (fiscal year ended September 2025).
Company Strengths
The company possesses 7 core technologies—sewing, cutting, measuring, coating, peeling, folding, and measurement—and boasts a cumulative total of 740 patent applications and 427 patents obtained as of the end of the 77th fiscal period. This technological foundation enables the development of a wide range of industrial equipment, from automatic wallpaper pasting machines to secondary battery manufacturing equipment and decarbonization-related equipment, supporting differentiation from competitors.
In the fiscal year ended September 2025, the Industry Segment recorded net sales of ¥1,227 million against operating income of ¥239 million (operating margin of approximately 19.5%), making it the company's main earnings driver. The order backlog at the end of the period reached ¥764 million (up 172.7% year on year), reflecting an order accumulation structure that reliably underpins sales in subsequent periods.
The company operates a large ISO Class 6-equivalent clean factory (floor area of 565 square meters, ceiling height of 7m) within the Kamioka Plant, along with a new assembly building completed in April 2022 (floor area of 1,800 square meters, ceiling height of 9m). This production system, capable of assembling semiconductor-related equipment and increasingly large secondary battery manufacturing equipment, supports the expansion of orders from major engineering companies.
ENVALITH's Perspective
Performance Trend
Revenue over the past five fiscal years has moved in a roughly flat range: ¥9,169 million (FY2021) → ¥9,682 million (FY2022) → ¥9,888 million (FY2023) → ¥9,782 million (FY2024) → ¥9,569 million (FY2025). However, for FY2026 (ending September 2026), a substantial increase is forecast, with full-year revenue projected at ¥11,000 million. In the first half of FY2026 (ending September 2026), revenue progressed favorably at ¥5,239 million (up 6.1% year on year). On the profit side, however, external factors such as rising mortgage interest rates and persistently high construction costs have led to a slump in housing starts, which directly hit the Professional Segment, causing that segment to fall into an operating loss of ¥63 million. Although strong performance in the Industry and New Industry segments (up 46.1% and 49.1% year on year, respectively) supported the company overall, a sharp increase in non-operating expenses caused interim ordinary profit and net profit to fall below the same period of the previous year. The equity ratio improved to 34.1% (versus 31.4% at the end of the previous fiscal year).
Growth Strategy
Accelerating revenue diversification through horizontal deployment of core technologies and expansion of industrial segments
In addition to continued orders for secondary battery manufacturing equipment, the company is expanding its scope by delivering manufacturing equipment for new fields, such as temperature sensors, to new customers. Production and shipment are being pursued to complete delivery of the large-volume Multi Dispenser replacement order from a major restaurant chain within FY2026 (ending September 2026). Inquiries from other chains are also becoming more active, and new customer acquisition in food equipment is expected.
Continued orders in the automotive-related industry, a strength of subsidiary ROSECC, have progressed favorably, with the first half of FY2026 (ending September 2026) recording net sales of ¥492 million (up 49.1% year on year) and operating profit of ¥70 million (up 52.8% year on year), maintaining high growth. New market development in the housing equipment-related industry is also being pursued in parallel, aiming to diversify the customer base.
The company is promoting the launch of new products and stimulating demand through the Comprehensive Catalog (Vol.17), distribution of which began in February FY2026 (ending September 2026). In the tatami business, sales activities proposing structural reform to tatami retailers and online sales of tools and other items are beginning to drive a recovery in performance; however, due to sluggish housing starts and a rebound from the prior-year rush demand, the first half posted an operating loss of ¥63 million, and the pace of recovery is lagging behind expectations.
The company is pursuing new customer development for Funeral Tatami (Coffin Tatami) at multiple funeral halls, including major ones, developing new demand such as for long-distance ferries, and expanding sales of Special Function Tatami (Gym Board, etc.) for after-school programs, day care services, and sports facilities. The electricity sales business, including the mega-solar power plant Electricity Sales Business (Mikazuki Sunshine Park), is progressing smoothly. However, first-half net sales remained flat at ¥398 million (down 0.2% year on year), and operating profit was weak at ¥8 million (down 42.8% year on year).
Last updated: July 17, 2026