Sanoh Industrial Co.,Ltd.
6584・Prime Market・Transportation Equipment
Japan
Core group segment responsible for domestic automotive parts and manufacturing equipment production and sales
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (segment total, including internal sales) | ¥51,885 million | ¥48,020 million | ↑ |
| Sales to external customers | ¥32,657 million | ¥29,157 million | ↑ |
| Operating income | ¥2,053 million | ¥1,014 million | ↑ |
| Segment assets | ¥61,772 million | ¥49,427 million | ↑ |
| Depreciation and amortization | ¥2,668 million | ¥2,272 million | ↑ |
| Increase in property, plant and equipment and intangible assets (capital expenditure) | ¥4,018 million | ¥4,689 million | ↓ |
Business Details
Sanoh Industrial Co., Ltd. itself, together with Fulton Products Co., Ltd. and other domestic consolidated subsidiaries, manufactures and sells Automotive Parts (Steel Tube Applied Processing Products). Main customers are domestic and overseas automobile manufacturers. The segment also serves a production solutions function, manufacturing Automotive Parts Manufacturing Equipment in-house and selling it to domestic and overseas affiliated companies. In FY2026 (ending March 2026), sales of newly launched equipment and parts contributed to a significant increase in both segment sales and operating income.
Recent Overview
Sales increased 12.0% year on year on higher sales of newly launched equipment and parts, and operating income rose 102.4% year on year
In the Japan segment for FY2026 (ending March 2026), sales to external customers increased to ¥32,657 million (up 12.0% year on year) due to increased sales of newly launched equipment and parts. On the profit side, despite an increase in personnel expenses due to higher wage levels, acquisition-related expenses associated with the acquisition of the Mexican subsidiary, and an increase in depreciation and amortization associated with capital expenditure (¥2,668 million), the effect of higher revenue outweighed these factors, and operating income rose significantly to ¥2,053 million (up 102.4% year on year). Segment assets increased 25.0% year on year to ¥61,772 million.
Key Products
Growth Drivers
- Expansion of added value driven by increased sales of newly launched equipment and parts (external sales up 12.0% year on year in FY2026 (ending March 2026))
- Expansion of external sales in the production solutions business (sales of Automotive Parts Manufacturing Equipment to external customers)
- Acquisition of new customers through order-based sales of Water-Cooled/Liquid-Cooled Thermal Management Components for Data Centers
- New customer acquisition opportunities through investment in EV/HV-compatible thermal solution products
- Expansion of intra-group demand for equipment and parts through the new consolidation of the Mexican subsidiary (Sanoh Powertrain Mexico S. de R.L. de C.V.)
Risks
- Continued pressure on profit from rising personnel expenses due to higher wage levels
- Downward pressure on profit from increased depreciation and amortization (¥2,668 million) associated with expanded capital expenditure
- Short-term downward pressure on profit from upfront investment in new businesses (data centers, production solutions)
- Risk of temporary expense recognition related to acquisition-related costs for the Mexican subsidiary acquisition
- Risk of changes in demand for parts and equipment due to fluctuations in production trends among domestic automobile manufacturers
Last updated: June 25, 2026