ENVALITH
平田機工株式会社 logo

HIRATA Corporation

6258Prime MarketMachinery

平田機工株式会社 logo
HIRATA Corporation6258

Japan (Sales by Region)

Hirata's largest sales region and core market responsible for the manufacture and sale of domestic automated labor-saving equipment.

PeriodCurrentPreviousChange
Total company sales (consolidated)¥94,906 million¥88,483 million
Total company operating income (consolidated)¥8,315 million¥6,898 million
Operating margin8.8%7.8%
Automotive-related segment sales¥43,479 million¥43,059 million
Automotive-related segment operating income¥5,143 million¥4,195 million
Semiconductor-related segment sales¥36,106 million¥30,187 million
Semiconductor-related segment operating income¥2,419 million¥2,858 million
Other Automated Labor-Saving Equipment segment sales¥12,572 million¥13,097 million
Other Automated Labor-Saving Equipment segment operating income¥670 million△¥102 million
Equity ratio58.4%52.7%
Profit attributable to owners of parent¥6,077 million¥4,778 million
Earnings per share¥198.54¥154.33
Year-end dividend per share¥70.00¥120.00 (before stock split)
Consolidated order intake (total company)¥90,270 million113.5% year-on-year
Consolidated order backlog (total company)¥51,797 million91.8% year-on-year

Business Details

Sales to Japan within the Hirata Corporation Group represent aggregated sales to domestic customers spanning the three segments of Automotive-related, Semiconductor-related, and Other Automated Labor-Saving Equipment. Domestically, the company manufactures automated labor-saving equipment and conducts business through manufacturing outsourcing to consolidated subsidiary Taihei Technos Corporation and maintenance service outsourcing to Hirata Field Engineering Co., Ltd. The FY2026 (ending March 2026) financial results report does not disclose a breakdown of sales by region, but total company sales of ¥94,906 million are constituted based on segment sales (Automotive-related ¥43,479 million, Semiconductor-related ¥36,106 million, Other Automated Labor-Saving Equipment ¥12,572 million).

Recent Overview

FY2026 achieved higher sales and profit, with a significant improvement in Automotive-related profitability. Semiconductor-related profit declined.

For FY2026 (ending March 2026, consolidated), the company achieved sales of ¥94,906 million (up 7.3% year-on-year) and operating income of ¥8,315 million (up 20.5% year-on-year). Automotive-related operating income improved significantly, up 22.6% year-on-year to ¥5,143 million, driven by large order intake for engine assembly and inverter-related equipment as well as appropriate pricing and improved proficiency. Semiconductor-related sales rose 19.6% year-on-year due to continued generative AI demand, but operating income declined 15.4% year-on-year to ¥2,419 million due to delayed cost pass-through for purchased goods and increased warranty expenses. Other Automated Labor-Saving Equipment turned profitable due to improved cost ratios in FPD-related products, reversing the prior period's operating loss. A 3-for-1 stock split was implemented effective April 1, 2025. The consolidated earnings forecast for FY2027 (ending March 2027) is sales of ¥100,000 million (up 5.4% year-on-year) and operating income of ¥9,000 million (up 8.2% year-on-year).

Key Products

product
Automotive Production Systems (Domestic)

Received large orders for engine assembly equipment and Automotive Electronic Component Assembly Equipment, increasing sales related to engines and inverters. Battery Charge/Discharge-related Equipment also remained steady. FY2026 Automotive-related segment sales were ¥43,479 million (up 1.0% year-on-year), with operating income of ¥5,143 million (up 22.6% year-on-year).

product
Wafer Handling Equipment (Semiconductor-related)

Sales remained solid, centered on Wafer Handling Equipment, due to continued orders related to generative AI. FY2026 Semiconductor-related segment sales were ¥36,106 million (up 19.6% year-on-year). However, operating income declined to ¥2,419 million (down 15.4% year-on-year) due to delays in passing on rising costs, mainly for purchased goods, and increased warranty expenses for some products.

product
Other Automated Labor-Saving Equipment (FPD, Home Appliances, Logistics)

Production of FPD-related Equipment remained solid, and improved cost ratios led to a turnaround from an operating loss in the prior period. FY2026 Other Automated Labor-Saving Equipment segment sales were ¥12,572 million (down 4.0% year-on-year), with operating income of ¥670 million (versus an operating loss of ¥101 million in the prior period).

service
Maintenance & Field Engineering Services

Maintenance services are outsourced to consolidated subsidiary Hirata Field Engineering Co., Ltd., providing operational upkeep and after-sales service for delivered equipment. This functions as a stable earnings base.

Growth Drivers

  • Continued and expanding orders for semiconductor wafer transfer equipment driven by generative AI demand (Semiconductor-related order intake up 116.9% year-on-year)
  • Continued steady equipment investment for ICEV (internal combustion engine vehicles) and HEV (hybrid vehicles)
  • Continued solid demand for EV Battery Charge/Discharge-related Equipment
  • Recovery and turnaround to profitability in the Other Automated Labor-Saving Equipment segment driven by improved cost ratios for FPD-related equipment
  • Expansion of the Semiconductor-related business scale and strengthening of profitability in the build-to-order business under the medium-term management plan
  • Further strengthening of the earnings base through expansion of mass production business and departmentalization of new businesses
  • Improved profit margin in the Automotive-related segment through promotion of appropriate pricing (improved operating margin year-on-year)

Risks

  • Risk of deteriorating profit margins in Semiconductor-related due to delayed cost pass-through for rising purchased goods costs and increased warranty expenses
  • Risk of fluctuation in Automotive-related orders due to continued partial slowdown in BEV (battery electric vehicle) investment
  • Rising procurement costs and labor costs due to energy price surges, inflation, and exchange rate fluctuations stemming from geopolitical risk
  • Uncertain impact of changes in US tariff policy on domestic customers' capital investment plans
  • High sensitivity to changes in the order environment due to a business structure susceptible to capital investment trends
  • Order backlog declined to 91.8% year-on-year, creating uncertainty regarding future sales accumulation
  • 4.0% year-on-year decline in sales in the Other Automated Labor-Saving Equipment segment and uncertainty regarding demand recovery

Last updated: June 23, 2026