GS Yuasa Corporation
6674・Prime Market・Electric Appliances
自動車電池国内
Core business segment responsible for the manufacture and sale of automotive and motorcycle lead-acid batteries for the domestic market
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (Full year, FY2026 (ending March 2026)) | ¥108,006 million | ¥101,922 million | ↑ |
| Segment profit before amortization of goodwill, etc. (Full year, FY2026 (ending March 2026)) | ¥11,682 million | ¥10,669 million | ↑ |
| Increase in property, plant and equipment and intangible assets (FY2026 (ending March 2026)) | ¥3,793 million | ¥3,005 million | ↑ |
| Production results (FY2026 (ending March 2026)) | ¥87,488 million | 105.5% year-on-year | ↑ |
Business Details
Centered on the Automotive Battery Division (Domestic) of GS Yuasa Corporation, the segment supplies automotive and motorcycle lead-acid batteries and automotive-related equipment to the domestic market through GS Yuasa Battery Co., Ltd. and multiple sales subsidiaries and affiliated companies. Replacement batteries are the core product, and the segment is strengthening profitability through efforts to increase sales volume and correct sales prices. The main raw material is lead, and the business structure is such that fluctuations in lead prices and climate change (cool summers, warm winters, etc.) affect sales volume.
Recent Overview
Both net sales and profit increased year on year due to higher sales volume and sales price correction
In the Automotive Batteries (Domestic) segment for FY2026 (ending March 2026), an increase in sales volume combined with successful sales price correction efforts resulted in net sales of ¥108,006 million (up ¥6,083 million, or 6.0%, year on year) and segment profit before amortization of goodwill, etc. of ¥11,682 million (up ¥1,013 million, or 9.5%, year on year). Production results also expanded to ¥87,488 million (up 5.5% year on year), and capital expenditure increased to ¥3,793 million from ¥3,005 million in the prior period.
Key Products
Growth Drivers
- Increase in sales volume of replacement batteries (demand for maintenance and replacement linked to domestic vehicle ownership)
- Improvement in unit prices through continued efforts to correct sales prices
- Expansion of production results (production results of ¥87,488 million in FY2026 (ending March 2026), up 5.5% year on year)
- Establishment of a supply system that both responds quickly to demand fluctuations and reduces inventory
Risks
- Risk of rising manufacturing costs due to fluctuations in the price of lead, the main raw material
- Risk of fluctuation in sales volume of replacement batteries due to climate change (cool summers, warm winters, etc.)
- Risk of long-term decline in demand for lead-acid batteries due to progress in electrification of the domestic automotive market
- Indirect deterioration of the business environment due to geopolitical risks such as US tariff policy
Last updated: June 23, 2026