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三相電機株式会社 logo

SANSO ELECTRIC CO.,LTD.

6518Standard MarketElectric Appliances

三相電機株式会社 logo
SANSO ELECTRIC CO.,LTD.6518

Motor & Pump Business (Single Segment)

A single business segment centered on the manufacture and sale of motors and pumps. Products for semiconductor manufacturing equipment are the core business.

PeriodCurrentPreviousChange
Net sales (consolidated, full year)¥18,292 million¥16,029 million
Operating profit (consolidated, full year)¥794 million¥69 million
Operating margin (consolidated, full year)4.3%0.4%
Ordinary profit (consolidated, full year)¥863 million¥136 million
Profit attributable to owners of parent (consolidated, full year)¥568 million¥118 million
Earnings per share (consolidated, full year)¥124.32¥25.98
Total assets (consolidated, year-end)¥19,976 million¥18,508 million
Net assets (consolidated, year-end)¥12,605 million¥11,898 million
Equity ratio (consolidated, year-end)63.1%64.3%
Cash flow from operating activities¥1,711 million¥302 million
Cash and cash equivalents at end of period¥3,350 million¥2,506 million

Business Details

The Sanso Denki Group consists of a single segment covering the motor and pump business. Its main products are industrial motors and pumps, and pumps for semiconductor manufacturing equipment. Sales are made both domestically and overseas (Japan, China, and others), and net sales for the fiscal year under review (FY2026 (ending March 2026)) were ¥18,292 million. Against a backdrop of expanding demand related to generative AI, orders for pumps for semiconductor manufacturing equipment exceeded expectations, and combined with sales price revisions and cost reduction measures, this resulted in a significant improvement in profitability. Four subsidiaries (Okayama Sanso Denki, Shanghai Sanso Denki, Sanso Seiko, and Shingu Sanso Denki) handle parts processing and manufacturing.

Recent Overview

Net sales rose 14.1%, and operating profit surged approximately 11-fold year on year, driven by demand related to generative AI.

In FY2026 (ending March 2026) (consolidated), the company achieved net sales of ¥18,292 million (up 14.1% year on year), operating profit of ¥794 million (a sharp recovery from ¥69 million in the prior year), ordinary profit of ¥863 million (up 532.4% year on year), and profit attributable to owners of parent of ¥568 million (up 380.0% year on year). The main driver was increased orders for pumps for semiconductor manufacturing equipment amid expanding demand related to generative AI. Sales price revisions and cost reduction measures also contributed. Operating cash flow improved significantly to ¥1,711 million from ¥302 million in the prior year, and the cash balance also increased to ¥3,350 million.

Key Products

product
Industrial Motors

General-purpose motors widely supplied for factory equipment and industrial machinery. Strengths lie in custom-response capability, with an integrated production system spanning design, manufacturing, and sales.

product
Pumps for Semiconductor Manufacturing Equipment & Industrial Pumps

Orders from semiconductor manufacturing equipment makers have expanded against a backdrop of growing demand related to generative AI. In FY2026 (ending March 2026), orders exceeded expectations and were the main driver of the earnings recovery. The major customer is Ebara Corporation.

product
Motor & Pump Application Unit Products

Composite products combining motors and pumps. The company is advancing product planning and development aimed at opening new markets and improving customer satisfaction, focusing on expanding the market for unit products.

Growth Drivers

  • Increased orders for pumps for semiconductor manufacturing equipment driven by expanding demand related to generative AI (exceeded expectations in FY2026 (ending March 2026))
  • Medium- to long-term growth expectations for the semiconductor manufacturing equipment market (shift to a data-driven society and spread of generative AI)
  • Improved profitability through continued implementation of sales price revisions and cost reduction measures
  • Development of new customers through product planning and development of Motor & Pump Application Unit Products
  • Continued efforts to strengthen the production system and secure stable procurement of raw materials and components
  • Further growth expected in the FY2027 (ending March 2026...

Risks

  • Risk of renewed inventory adjustments among semiconductor manufacturing equipment makers and continued softness in conventional applications such as automobiles and smartphones
  • Cost pressure from persistently high prices of raw materials such as electromagnetic steel sheets, copper wire, and aluminum
  • Risk of rising procurement costs from the overseas subsidiary (Shanghai Sanso Denki) due to exchange rate fluctuations (yen depreciation)
  • Impact on demand and procurement from geopolitical risks (Middle East situation, US trade policy, China's economic slowdown)
  • Risk of customer concentration among major clients (Ebara Corporation accounts for a certain proportion of net sales)
  • Risk of rising manufacturing costs due to persistently high energy prices

Last updated: June 22, 2026