SANYO DENKI CO., LTD.
6516・Prime Market・Electric Appliances
San Ace Company
Sanyo Denki's largest revenue segment, centered on the San Ace (Cooling Fans) product line
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue (full year, FY2026 ending March 2026) | ¥40,826 million | ¥38,062 million | ↑ |
| Segment operating profit (full year, FY2026 ending March 2026) | ¥8,195 million | ¥6,856 million | ↑ |
| Segment assets (as of end of FY2026 ending March 2026) | ¥49,114 million | ¥42,718 million | ↑ |
| Orders received (full year, FY2026 ending March 2026) | ¥41,822 million | ¥32,266 million | ↑ |
| Order backlog (as of end of FY2026 ending March 2026) | ¥13,565 million | ¥12,569 million | ↑ |
Business Details
This segment is responsible for the design, manufacturing, and sales of cooling fans and related products. The flagship product line, San Ace, has strengths in network equipment, generative AI-related equipment, and high-performance servers, and also maintains distributor channels in North America and Japan. In FY2026 (ending March 2026), revenue was ¥40,826 million, accounting for approximately 38% of consolidated total, and operating profit of ¥8,195 million was the largest among all segments. While demand for control equipment such as servo amplifiers and inverters, and demand for general machine tools remain in the process of recovery, AI-related demand is driving performance.
Recent Overview
Revenue and profit both increased year on year, driven by demand for AI and network equipment
In FY2026 (ending March 2026), segment revenue was ¥40,826 million (up 7.3% year on year), and segment profit was ¥8,195 million (up 19.5% year on year). Orders received amounted to ¥41,822 million (up 29.6% year on year), and the order backlog grew to ¥13,565 million (up 7.9% year on year). Demand for generative AI-related equipment and network equipment remained solid and drove performance. Business with distributors in North America and Japan also progressed steadily, and signs of a turnaround were seen in Europe as well. Meanwhile, demand for control equipment such as servo amplifiers and inverters, and for general machine tools, remained in the process of recovery.
Key Products
Growth Drivers
- Continued expansion of demand for cooling fans used in generative AI-related equipment and network equipment
- Steady demand trends in North American and Japanese distributor channels
- Expectations of a sales recovery driven by signs of a turnaround in the European market
- Leading indicators of demand recovery shown by the 29.6% year-on-year increase in orders received
- Strengthening of the independent accounting and profit-securing framework under the in-house company system
Risks
- Delayed recovery in demand for control equipment such as servo amplifiers and inverters, and for general machine tools
- Uncertainty over the pace of demand recovery in the European market
- Uncertainty in the trade environment due to broad U.S. tariff policies and China's retaliatory measures
- Impact on the economy from factors such as sustained high crude oil prices amid heightened tensions in the Middle East
- Risk of sudden shifts in cooling fan demand due to fluctuations in the AI-related investment cycle
Last updated: June 17, 2026