EAGLE INDUSTRY CO.,LTD.
6486・Prime Market・Machinery
Automotive & Construction Machinery Business
Eagle Industry's largest segment, manufacturing and selling seals and valves for automobiles and construction machinery
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers, full year) | ¥93,267 million | ¥87,592 million | ↑ |
| Net sales (including intersegment, total, full year) | ¥93,455 million | ¥87,761 million | ↑ |
| Operating income (full year) | ¥3,082 million | ¥559 million | ↑ |
| Segment assets | ¥94,904 million | ¥89,701 million | ↑ |
| Depreciation (full year) | ¥6,177 million | ¥6,344 million | ↓ |
| Increase in tangible and intangible fixed assets (full year) | ¥3,064 million | ¥3,620 million | ↓ |
Business Details
This segment's core products are Mechanical Seals (for Automotive & Construction Machinery) (shaft seal devices), Suspension Solenoid Valves (for EVs), and Special Valves for automotive and construction machinery applications. Manufacturing takes place domestically (Okayama, Shimane, Hiroshima Eagle, etc.) and at overseas sites in Taiwan, Thailand, Mexico, China, and Europe (Hungary, France, Netherlands), with a broad global sales network centered on NOK Corporation as the primary customer. Net sales to external customers for FY2026 (ending March 2026) were ¥93,267 million, accounting for approximately 52.5% of the group's total sales, making it the largest segment.
Recent Overview
Net sales up 6.5% on strong EV solenoid valve sales and steady internal combustion engine product sales; operating income surged 451%
In FY2026 (ending March 2026), sales of Suspension Solenoid Valves (for EVs) performed strongly, supported by growth in global EV production volumes, while sales of conventional products for internal combustion engines also remained steady. Net sales were ¥93,267 million (up 6.5% year on year), and operating income was ¥3,082 million (up 451.0% year on year), representing a substantial increase in profit. Profitability improved markedly from the prior period (¥559 million), with the segment margin recovering to approximately 3.3%. For the next fiscal year (FY2027, ending March 2027), continued growth in EV-oriented solenoid valves is expected, but overall sales are forecast to decline due to a decrease in conventional internal combustion engine products.
Key Products
Growth Drivers
- Expansion of demand for Suspension Solenoid Valves (for EVs) driven by continued growth in global EV production volumes
- Covering the decline in internal combustion engine demand through the development and expanded sales of next-generation core products for EVs
- Improved profitability through ongoing cost reduction activities and sales price revisions
- Multi-regional expansion leveraging global manufacturing and sales bases in Taiwan, Thailand, Mexico, China, Europe, and elsewhere
- Optimization of management resources and creation of synergies through the planned business integration with NOK Corporation (scheduled for October 2026)
Risks
- Continued decline in sales of seals and control valves for internal combustion engines due to the ongoing global shift toward vehicle electrification (a decrease in conventional internal combustion engine products is expected next fiscal year)
- Shrinking demand for conventional internal combustion engine products in Japan and Southeast Asia
- Uncertainty in business outlook due to geopolitical and trade risks, including developments in U.S. trade policy
- Risk of sales dependence on NOK Corporation (a key customer)
- Impairment loss risk (an impairment loss was recorded in this segment in the prior fiscal year)
Last updated: June 22, 2026