Yushin Company
6482・Standard Market・Machinery
Japan
Core segment leading the removal robot business as the sole domestic development and manufacturing base
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers) | ¥11,053 million (FY2026, ending March 2026) | ¥11,627 million (FY2025, ended March 2025) | ↓ |
| Net sales (segment total, including internal transfers) | ¥14,883 million (FY2026, ending March 2026) | ¥17,000 million (FY2025, ended March 2025) | ↓ |
| Operating income | ¥994 million (FY2026, ending March 2026) | ¥2,165 million (FY2025, ended March 2025) | ↓ |
| Segment assets | ¥20,298 million (FY2026, ending March 2026) | ¥21,909 million (FY2025, ended March 2025) | ↓ |
| Depreciation | ¥421 million (FY2026, ending March 2026) | ¥442 million (FY2025, ended March 2025) | ↓ |
| Orders received (group total) | ¥25,251 million (FY2026, ending March 2026) | ¥22,907 million (FY2025, ended March 2025) | ↑ |
| Order backlog (group total) | ¥7,692 million (end of FY2026, ending March 2026) | ¥5,542 million (end of FY2025, ended March 2025) | ↑ |
Business Details
The Japan segment, operated directly by YUSHIN CO., LTD., handles the integrated development, manufacturing, sales, and after-sales service of plastic injection molding product removal robots and peripheral equipment including labor-saving systems. It consolidates the group's overall R&D functions and also supplies products to overseas subsidiaries (internal transfers). In addition to domestic sales, it focuses on expanding sales of Palletizing Robots and winning orders for Custom-Order Machines, making it the largest segment, accounting for approximately 47.8% of the group's external customer sales.
Recent Overview
Operating income fell sharply by 54.1% year on year, driven by a steep drop in Custom-Order Machine sales combined with increased human capital and R&D investment
In the Japan segment for FY2026 (ending March 2026), net sales declined 12.5% year on year to ¥14,883 million, and operating income fell sharply by 54.1% year on year to ¥994 million. The main cause was a steep drop in group-wide Custom-Order Machine sales, down 54.0% year on year to ¥3,162 million. Meanwhile, increased personnel expenses from active human capital investment and higher R&D spending pushed up fixed costs, squeezing profits. However, group-wide orders received for Custom-Order Machines surged 86.9% year on year to ¥5,179 million, and the order backlog also grew 175.1% from the end of the prior fiscal year to ¥3,169 million, which is expected to contribute to sales in future periods.
Key Products
Growth Drivers
- Continued expansion of production automation and labor-saving demand in domestic manufacturing (labor shortages and rising labor costs driving automation investment)
- A sharp increase in the Custom-Order Machine order backlog (up 175.1% from the end of the prior fiscal year to ¥3,169 million), contributing to sales in future periods
- Acquisition of new demand through expanded domestic sales of Palletizing Robots
- Stable growth in Parts & Maintenance Services revenue driven by an increasing global installed base
- Strengthening mid- to long-term product competitiveness through active investment in human capital and R&D
Risks
- Risk of fluctuation in Custom-Order Machine sales (period-to-period earnings volatility due to the time lag between order receipt and sales recognition)
- Expansion of fixed costs and profit pressure from increased human capital investment and R&D expenses (materialized in FY2026, ending March 2026)
- Weak domestic capital expenditure demand (spillover effects from a deteriorating external environment, including US tariff policy and geopolitical risk)
- Rising cost of sales ratio due to soaring raw material and parts prices
- Impact on raw material procurement costs from sharp foreign exchange fluctuations
Last updated: June 25, 2026