BROTHER INDUSTRIES, LTD.
6448・Prime Market・Electric Appliances
Printing & Solutions Business
Brother's largest core business. Global deployment of printers, multifunction printers, and Labeling Products.
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue | ¥570,583 million | ¥544,828 million | ↑ |
| Business Segment Profit | ¥66,446 million | ¥60,986 million | ↑ |
| Operating Profit | ¥58,092 million | ¥58,867 million | ↓ |
| Depreciation and Amortization | ¥29,000 million | ¥28,644 million | ↑ |
| Capital Expenditures | ¥23,517 million | ¥24,305 million | ↓ |
Business Details
The core segment of Brother Industries, engaged in the manufacture and sale of printers, multifunction printers (laser/inkjet), label writers, label printers, and related products. Revenue of ¥570,583 million accounts for approximately 63.9% of the group total (¥893,464 million). Comprises two sub-segments: Communications & Printing Equipment (¥498,348 million) and Labeling (¥72,235 million). Ongoing sales of consumables underpin the stability of the business model. Positioned as a "core business" under the mid-term strategy CS B2027, with maximization of operating profit amount as the key metric.
Recent Overview
Revenue and business profit both increased, but operating profit declined slightly due to foreign exchange losses and other factors. Increased US tariff burden was absorbed through price actions.
In FY2026 (ending March 2026), revenue increased to ¥570,583 million (+4.7% year on year) and Business Segment Profit increased to ¥66,446 million (+9.0% year on year). Although there was an increased US tariff burden and higher sales promotion expenses, the effect of price actions, increased hardware unit sales, and a positive foreign exchange impact contributed positively. On the other hand, operating profit declined slightly to ¥58,092 million (-1.3% year on year), mainly due to ¥8,353 million in other expenses including foreign exchange losses. Laser multifunction printer sales recovered across regions as the prior period's supply constraints were resolved.
Key Products
Growth Drivers
- Continued solid sales of consumables and revenue stabilization through the effect of price actions
- Growth in inkjet multifunction printer sales in both developed and emerging markets
- Solid sales expansion of both hardware and consumables in commercial labeling
- Positioning of commercial labeling as a "growth business" under CS B2027 and aggressive investment policy including M&A
- Recovery in laser multifunction printer sales as supply constraints were resolved (materializing in FY2026 ending March 2026)
- Positive impact on revenue from yen depreciation (euro strength boosted European sales)
Risks
- Pressure on operating profit from foreign exchange losses (in FY2026 ending March 2026, foreign exchange losses were recorded in other expenses, causing operating profit to decline slightly)
- Continued sluggish printing market conditions in Europe and China
- Increased tariff burden from US tariff policy (partially absorbed through price actions, but remains an ongoing risk)
- Profit pressure from increased sales promotion and SG&A expenses
- Declining profitability due to intensifying competition and product mix changes in the laser multifunction printer market
- Foreign exchange risk (negative impact on revenue in the event of yen appreciation)
Last updated: June 22, 2026