HARADA INDUSTRY CO.,LTD.
6904・Standard Market・Electric Appliances
Japan
Core segment responsible for domestic sales, mainly vehicle-mounted antenna sales.
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (external customers) | ¥18,537 million | ¥18,157 million | ↑ |
| Inter-segment internal sales | ¥1,752 million | ¥1,935 million | ↓ |
| Operating income | ¥443 million | ¥1,343 million | ↓ |
| Segment assets | ¥31,850 million | ¥35,244 million | ↓ |
| Depreciation and amortization | ¥54 million | ¥57 million | ↓ |
| Capital expenditures (increase in tangible and intangible fixed assets) | ¥97 million | ¥14 million | ↑ |
Business Details
This is the reportable segment through which Harada Industry Co., Ltd. (the Company) handles sales of automotive-related equipment in the domestic market. Main products include Automotive Radio Antenna, Shark Fin type antennas, ETC Antenna, relay cables, amplifiers, and others. The Japan segment has no production function and specializes in sales functions, with a structure in which products are supplied from manufacturing bases in the Asia segment (Dalian, Vietnam, Philippines, etc.). In FY2026 (ending March 2026), automobile production volume in the Japanese market remained flat.
Recent Overview
External sales rose 2.1% year on year, but operating income fell sharply by 67.0% due to rising cost ratio.
In the Japan segment for FY2026 (ending March 2026), while automobile production volume in the Japanese market remained flat, external sales secured a slight increase to ¥18,537 million (up 2.1% year on year). Meanwhile, inter-segment internal sales were ¥1,752 million (down 9.5% year on year). On the profit side, operating income fell sharply to ¥443 million (down 67.0% year on year) due to a rising cost ratio and other factors, resulting in a marked decline in profitability. Capital expenditures increased significantly to ¥97 million from ¥14 million in the prior period.
Key Products
Growth Drivers
- Securing stable external sales against the backdrop of flat automobile production volume in the Japan market (external sales up 2.1% year on year in FY2026 ending March 2026)
- Top-line expansion policy through expanded lineup of CASE (Connected, Autonomous, Shared, Electric)-compatible products
- Stable order base for domestic OEMs
- Strengthening future competitiveness through increased capital expenditures (¥97 million in FY2026 ending March 2026)
Risks
- Significant deterioration in profitability due to a rising cost ratio (operating income down 67.0% year on year in FY2026 ending March 2026)
- Deterioration in cost structure due to soaring material and labor costs
- Risk of spillover effects on the entire automobile industry from changes in trade policy such as U.S. tariff policy
- Trend of shrinking internal transactions, as shown by the decline in inter-segment internal sales (down 9.5% year on year in FY2026 ending March 2026)
- Contraction of segment assets (¥31,850 million in FY2026 ending March 2026, down 9.6% year on year)
Last updated: June 25, 2026