JANOME Corporation
6445・Prime Market・Machinery
Business
JANOME Corporation was founded in 1921 and changed its trade name in 2021; it is a manufacturing group listed on the Prime Market of the Tokyo Stock Exchange. In its core Household Products Business, the company manufactures household sewing machines and embroidery machines at three plants in Japan, Taiwan, and Thailand, and operates globally through sales subsidiaries in North America, Europe, Oceania, Asia, and other regions worldwide. In the Industrial Equipment Business, the company handles Servo Press (Electro Press), Desktop Robot (Cartesian Robot), and Die-Cast Castings products, while in the IT-Related Business, JANOME Credia, established in 1970, provides IT Software and Information Processing Services. Consolidated net sales for FY2026 (ending March 2026) were ¥38,968 million, with the Household Products Business accounting for approximately 76% of sales.
Business Model
The company deploys manufacturing technology from its Head Office Tokyo Plant, serving as the mother plant, to plants in Taiwan and Thailand, thereby centrally managing quality. On the sales side, it has established sales subsidiaries in each country and delivers products to end users through distributors, retailers, and its official online shop "Sewing Marche". By shifting the product mix toward Household Sewing Machines (Mid/High-end Models), the company raises unit prices, and the high-profitability IT-Related Business and Real Estate Leasing Business segments complement overall group profit, forming a structure that supports earnings.
Company Strengths
Founded in 1921 as Japan's first sewing machine manufacturer, the company established the world's first comprehensive sewing machine research institute in 1964. Renowned worldwide as "JANOME of Quality," it has built a global brand with sales subsidiaries deployed across multiple regions including North America, Europe, Oceania, and Asia. In FY2026 (ending March 2026), Household Products Business sales were ¥29,787 million, accounting for approximately 76% of consolidated sales.
The company operates sales subsidiaries in the United States, the United Kingdom, Australia, Canada, New Zealand, Chile, Brazil, the Netherlands, and elsewhere, conducting sales activities across a wide range of regions including North America, Europe, Oceania, Latin America, Asia, and the Middle East. In April 2024, it established JIE-India, an industrial equipment sales subsidiary in India, accelerating its expansion into emerging markets.
The IT-Related Business, operated by Janome Cred Corporation (established 1970), achieved sales of ¥2,896 million and operating profit of ¥537 million in FY2026 (ending March 2026), with an operating margin of 18.5%, marking a record-high operating profit. Backed by DX-related demand, the business has secured stable orders through new customer development and strengthened relationships with existing customers, contributing to the stabilization of the Group's earnings.
ENVALITH's Perspective
Performance Trend
Revenue peaked at ¥42,916 million in FY2022 (ending March 2022) and continued to decline to ¥36,340 million in FY2025 (ending March 2025), but turned to growth for the first time in two periods in FY2026 (ending March 2026), reaching ¥38,968 million. On the other hand, operating profit declined to ¥1,910 million (down 14.1% year on year). Net income attributable to owners of the parent fell sharply to ¥590 million (down 67.1% year on year), mainly due to extraordinary losses of ¥790 million, including an impairment loss of ¥379 million. External factors such as elevated resource prices, foreign exchange fluctuations, and weak domestic demand in China weighed on earnings. The company forecasts a substantial recovery for FY2027 (ending March 2027), projecting operating profit of ¥3,000 million and net income of ¥2,000 million.
Growth Strategy
Aiming for sustainable growth and improved capital efficiency through collaboration across four business segments under "Move! 2027"
Promoting the discovery of latent demand through new product launches, enhanced distributor support, the launch of the official online shop "Sewing Marche," and social media utilization. Aiming to recover sales by maintaining steady performance of mid/high-end models in North America and introducing competitive products into emerging markets. In FY2026 (ending March 2026), net sales of ¥29,787 million were achieved.
The robot and press business is expanding orders on the back of rising capital investment demand in Asian markets and the commencement of operations at the Indian subsidiary "JIE-India." The Die-Cast Castings business is working on revising sales prices and reducing costs to improve its profit structure. In FY2026 (ending March 2026), although sales increased, the operating loss widened (operating loss of ¥543 million), and improvement is still underway.
Securing stable orders through new customer development and strengthening trust with existing customers amid growing DX demand. Operating profit of ¥537 million in FY2026 (ending March 2026) set a new record high. The company will continue to externally deploy the DX system-building expertise gained within the group, reinforcing its position as a high-margin (18.5%) business.
The policy is to implement dividends with an awareness of progressive dividends, targeting a DOE of 3% or higher and a consolidated dividend payout ratio of 40% or higher. In FY2026 (ending March 2026), the annual dividend was ¥55 (an increase of ¥15 year on year), and ¥60 is planned for FY2027 (ending March 2027). The company also conducted share buybacks (¥1,406 million) and cancellation (1,129,400 shares, scheduled for May 29, 2026) to improve capital efficiency.
Last updated: July 19, 2026