SEMITEC Corporation
6626・Standard Market・Electric Appliances
Japan
Domestic and European sales and R&D hub for temperature sensors and other products
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers) | ¥5,466 million | ¥5,422 million | ↑ |
| Segment loss | △¥571 million | △¥444 million | ↓ |
| Segment assets | ¥14,614 million | ¥15,302 million | ↓ |
| Depreciation | ¥409 million | ¥381 million | ↑ |
| Increase in property, plant and equipment and intangible assets | ¥2,083 million | ¥1,655 million | ↑ |
Business Details
The Japan segment, operated by SEMITEC Corporation on a standalone basis, sells temperature sensors and other various sensors for domestic and European markets. It serves a wide range of applications including automotive (batteries for HEVs, etc.), OA equipment (printers and copiers), industrial equipment, and home appliances and housing equipment, and also consolidates the R&D functions of the entire group. Intersegment internal sales significantly exceed external sales, reflecting the segment's role as a supply base for products to other segments.
Recent Overview
Recovery in industrial equipment applications, but segment loss widened due to higher R&D expenses, etc.
In the Japan segment for FY2026 (ending March 2026), net sales to external customers were ¥5,466 million (up 0.8% year on year), a modest increase. Sales in industrial equipment applications increased following the completion of customer inventory adjustments, while sales in OA equipment applications decreased, and automotive applications also declined due to the transfer of part of the sales channel to Greater China. On the profit side, the segment loss widened to ¥571 million (compared with a loss of ¥444 million in the prior year period) due to increased R&D expenses and other costs. Capital expenditure increased substantially year on year to ¥2,083 million, reflecting continued upfront investment ahead of the commencement of operations at new Thin-Film Thermistors production equipment.
Key Products
Growth Drivers
- Continued firm demand from domestic automakers for automotive applications (HEV battery and motor use)
- Recovery in demand for industrial equipment applications following the completion of customer inventory adjustments
- Strengthened production capacity through commencement of operations at new Thin-Film Thermistors production equipment and expanded sales of high-value-added products
- Creation of next-generation sensor products through expanded R&D investment
Risks
- Risk of continued or expanding segment loss due to increases in R&D expenses, personnel costs, and other expenses
- Risk of structural decline in net sales due to transfer of part of the automotive application sales channel to Greater China
- Risk of prolonged demand weakness in OA equipment and home appliance & housing equipment applications
- Risk of temporary profit pressure from increased depreciation associated with the commencement of operations at new Thin-Film Thermistors production equipment
- Risk of gross profit pressure from rising raw material prices
- Impact on sales and profit from exchange rate fluctuations (yen appreciation)
Last updated: June 25, 2026