ENVALITH
株式会社タクミナ logo

TACMINA CORPORATION

6322・Standard Market・Machinery

Official website
株式会社タクミナ logo
TACMINA CORPORATION6322

Business

Takumina Co., Ltd. is a specialized manufacturer of industrial pumps, whose core offering is its proprietary High-Performance Solution Pumps (Smoothflow Pump) technology, which achieves pulsation-free, constant-volume, high-precision fluid delivery through high-precision constant-velocity cams. The company also manufactures and sells General-Purpose Chemical Injection Pumps, Chemical Transfer Pumps, Measuring Instruments & Equipment, Fluid Equipment, and Chemical Tanks. Its customer base spans a wide range of industrial fields, including environmental conservation, water treatment, chemicals, electronic materials, sterilization, food, and pharmaceuticals. In addition to four domestic locations (Tokyo, Osaka, Nagoya, and Fukuoka), the company operates globally with consolidated subsidiaries in South Korea and the United States, and plans to open a representative office in Shanghai, China in April 2026. Revenue for FY2026 (ending March 2026) reached ¥11,155 million, marking a record high for the fourth consecutive fiscal year.

Business Model

The basic business model involves procuring raw materials and components from suppliers, processing, assembling, painting, and inspecting products for shipment at the production headquarters (factory) in Asago City, Hyogo Prefecture, before shipping to customers. Beyond simple product sales, the company serves as a solutions partner that jointly resolves customers' technical challenges through actual-liquid evaluation testing at the "Fluid Solution Center (Asago LAB / Yokohama LAB)" and an integrated sales-and-engineering proposal system, thereby accumulating continuous orders for high-value-added products as well as maintenance and service revenue.

Company Strengths

The company's proprietary technology, which uses a high-precision constant-velocity cam to precisely control multiple diaphragms and achieve pulse-free, quantitative, high-precision fluid delivery, has continuously evolved since the brand's launch in 2006. In FY2026 (ending March 2026), new models were added, including the "PLBF Series" dedicated to battery coating and the high-pressure "HPL Series," substantially expanding the applicable flow rate range and application fields. R&D expenditure of ¥442 million was invested to maintain technological superiority.

In addition to the Fluid Solution Center (Asago LAB) in Asago City, Hyogo Prefecture, the company newly established the Yokohama LAB in February 2025, establishing a two-site framework. The system, which conducts evaluation tests using actual fluids brought in by customers and directly feeds the results back into product development, serves as a differentiating factor in the company's ability to solve customer challenges.

In FY2026 (ending March 2026), operating profit was ¥1,631 million (operating margin of 14.6%) and net income attributable to owners of the parent was ¥1,231 million, both record highs for the fourth consecutive period. The equity ratio stood at 78.3% and interest-bearing debt was ¥373 million, indicating high financial soundness, with the company possessing sufficient cash-generating capacity to fund capital expenditure of ¥373 million entirely from internal funds.

ENVALITH's Perspective

The sales growth rate for FY2026 (ending March 2026) stands at a mere 0.3% increase, the lowest level among the four fiscal periods. Furthermore, the order backlog has shrunk significantly to ¥1,834 million, down 16.4% year on year (a decrease of ¥359 million), with particularly notable declines in Chemical Transfer Pumps (down 58.5% year on year) and Fluid Equipment (down 79.2% year on year). The company's forecast for FY2027 (ending March 2027) also points to low growth, with sales up 0.4% and operating profit up 0.3%, making it difficult to deny a slowdown in growth momentum.

The mainstay High-Performance Solution Pumps (Smoothflow Pump) saw sales decline 7.3% year on year to ¥4,020 million, the only product category to post a significant decrease. This resulted from a pause in investment plans for secondary battery-related demand from Korean companies amid slowing growth in the EV market, and external factors such as geopolitical risk and the impact of US trade policy continue to weigh as well. The overseas sales ratio fell from 15.5% to 12.4%, and the timing of recovery for product categories with high overseas dependence holds the key to future performance.

Gross profit for FY2026 (ending March 2026) was ¥5,159 million, down 0.6% year on year, and the gross profit margin declined to 46.3% (from 46.7% in the previous period). On the other hand, SG&A expenses decreased 1.6% year on year to ¥3,529 million, aided by a reduction in commissions paid to overseas sales agents (from ¥29,985 thousand in the previous period to zero in the current period). In non-operating income and expenses, an increase in interest and dividend income received and the elimination of commission expenses paid contributed to a relatively solid 3.5% year-on-year increase in ordinary profit. However, close attention should be paid to the impairment loss recorded under extraordinary losses, which expanded 2.3-fold year on year to ¥20,455 thousand.

Growth Strategy

Pursuing sustainable growth through new market development for Smoothflow Pumps, a two-site LAB structure, and expansion into the hydrogen market

In addition to Asago LAB, Yokohama LAB was newly established in March 2025, establishing a sales structure integrated with testing facilities. The company aims to function as a venue for jointly resolving difficult-to-transfer liquid issues with customers, thereby promoting new customer acquisition and deepening relationships with existing customers.

Promoting the introduction of solutions to meet systemization needs related to environmental impact reduction, automation, and efficiency improvement. Exhibited at Smart Energy Week 2026 (March 2026) for the second consecutive year, continuing to enhance recognition and appeal delivery track records for the secondary battery, hydrogen, and fuel cell markets.

Deploying fluid solutions centered on the High-Performance Solution Pumps (Smoothflow Pump) for hydrogen and fuel cell manufacturing processes. Positioned as an alternative growth market to offset the decline in demand for high-performance pumps overseas caused by the slowdown in EV demand, with the aim of achieving a mid- to long-term recovery in overseas sales.

The company has explicitly set a policy of continuing wage increases and actively investing in sales promotion and R&D activities. While this will be a factor increasing SG&A expenses in the short term, the company aims for sustainable growth over the mid to long term through securing human resources, strengthening product competitiveness, and expanding the customer base.

Last updated: July 19, 2026