HOSHIZAKI CORPORATION
6465・Prime Market・Machinery
Japan
Core segment responsible for manufacturing, sales, and maintenance of foodservice equipment in Japan
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (external customers) | ¥63,243 million (Q1 FY2026, ending March 2026) | ¥59,012 million (Q1 FY2025, ending March 2025) | ↑ |
| Segment profit | ¥11,451 million (Q1 FY2026, ending March 2026) | ¥10,199 million (Q1 FY2025, ending March 2025) | ↑ |
| Segment profit margin | 17.6% (Q1 FY2026, ending March 2026) | 16.8% (Q1 FY2025, ending March 2025) | ↑ |
| Adjusted operating profit | ¥11,483 million (Q1 FY2026, ending March 2026) | ¥10,231 million (Q1 FY2025, ending March 2025) | ↑ |
| Sales year-on-year change | +7.1% (Q1 FY2026, ending March 2026) | — | ↑ |
Business Details
Comprises Hoshizaki Corporation itself and domestic subsidiaries (Hoshizaki Sales Co., Ltd., 15 regional sales companies, manufacturing subsidiaries, etc.). Sells core products such as Refrigerators, Ice Makers, Dishwashers, and Dispensers to the foodservice market and non-foodservice market (distribution/sales industry, food processing/sales industry, etc.), and operates a community-based direct sales and maintenance service system. In the first quarter of FY2026 (ending March 2026), external customer sales in the Japan segment were ¥63,243 million, accounting for approximately 46.7% of consolidated sales, making it the largest segment.
Recent Overview
Continued inbound tourism demand expanded capital investment demand, boosting both sales and profit
In the first quarter of FY2026 (ending March 2026), Japan segment sales were ¥63,243 million (up 7.1% year on year), segment profit was ¥11,451 million (up 12.3% year on year), and adjusted operating profit was ¥11,483 million (up 12.2% year on year). Capital investment demand rose in the foodservice and service industries against a backdrop of continued inbound tourism demand, with sales expansion centered on core products such as non-fluorocarbon natural refrigerant Refrigerators and Ice Makers, and Dishwashers. Active development of the non-foodservice market (distribution/sales industry, etc.) also continued.
Key Products
Growth Drivers
- Expanding capital investment demand in the foodservice and service industries driven by continued inbound tourism demand
- Active development of new business in the non-foodservice market (distribution/sales industry, food processing/sales industry, etc.)
- Capturing environmentally conscious demand through expansion of the non-fluorocarbon natural refrigerant product lineup
- Deepening customer relationships through the community-based direct sales and maintenance service system
- Increasing demand for labor-saving equipment (Dishwashers, etc.) amid labor shortages
Risks
- Continued profit pressure from ongoing cost increases in raw materials and labor
- Difficulty maintaining sales and service systems due to worsening labor shortages
- Risk that stagnant personal consumption due to price increases will curb capital investment appetite in the foodservice industry
- Deteriorating profitability due to intensifying price competition with competitors
- Risk of sluggish domestic export and production activity due to the impact of U.S. tariff policy, etc.
Last updated: March 25, 2026