AIRTECH JAPAN,LTD.

Business Details

Nippon Air Tech Co., Ltd. is a single-segment company that consistently plans, manufactures, and sells Clean Rooms, Clean Room Equipment (Clean Booths, Filter Units, etc.), Biological Equipment, Installation & Maintenance Service, and related products, with the semiconductor/electronics industry and biological fields as its primary end markets. Domestic sales account for over 90% of the total, and the company also provides technology licensing to an affiliate (Suzhou Antai Air Technology Co., Ltd. in China). In the first quarter of FY2026 (ending December 2026) (January–March 2026), net sales were ¥3,689 million (down 2.9% year on year), and operating profit was ¥313 million (down 14.6% year on year).

Recent Overview

Q1 FY2026 (ending December 2026) saw lower sales and profit year on year but exceeded the company's own quarterly plan

In the first quarter of FY2026 (ending December 2026) (January–March 2026), net sales were ¥3,689 million (down 2.9% year on year) and operating profit was ¥313 million (down 14.6% year on year), reflecting a decline in both sales and profit. While Clean Booths and Filter Units for the electronics industry increased, Air Showers and other products decreased due to a decline in large-scale projects. Rising personnel expenses put pressure on costs. However, both net sales and each profit line exceeded the company's plan for the quarter. The full-year earnings forecast (net sales of ¥14,000 million, operating profit of ¥1,150 million) remains unchanged. The company continues capital investment for the Akagi No. 2 Plant (tentative name), scheduled to begin operations in September 2026.

Key Products

Growth Drivers

• Continued capital investment in clean air systems for the semiconductor and electronics fields, driven by expanding semiconductor demand for AI and data centers
• Steady capital investment in Clean Rooms for research and pharmaceutical manufacturing plants in the regenerative medicine and pharmaceutical fields
• Improved equipment productivity, reduced leased warehouse space, and lower transportation costs following the operational launch of the Akagi No. 2 Plant (tentative name), scheduled for September 2026
• Promotion of decarbonization and energy conservation through the installation of solar power generation and storage battery systems at the Isesaki Plant and Akagi No. 2 Plant
• Capture of demand related to automated transport equipment driven by the introduction of power-saving equipment and labor-saving initiatives
• Continued capital investment in the automotive industry aimed at the electronic conversion of control components

Risks

• Net sales for FY2026 (ending December 2026) are projected to decline 1.1% year on year to ¥14,000 million due to a reversal effect from Clean Room construction projects that were recognized ahead of schedule in FY2025
• Risk of sales volatility due to order trends for large-scale projects (Air Showers and other products declined in Q1 due to a decrease in large-scale projects)
• Cost increase pressure from rising personnel expenses (Q1 salaries increased 7.3% year on year to ¥173 million)
• Rising energy prices and supply constraints/price increases for raw materials due to escalating tensions in the Middle East
• Impact on capital investment sentiment from US trade policy and geopolitical risks
• Uncertainty regarding strategic direction as the mid-term management plan (FY2024–FY2028) is under review for revision