FUTABA CORPORATION
6986・Prime Market・Electric Appliances
Electronic Devices & Equipment
Electronic Devices & Equipment segment encompassing Composite Modules, RC equipment, Robotics, and OLED
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥15,414 million | ¥17,491 million | ↓ |
| Operating loss | -¥1,322 million | -¥920 million | ↓ |
| Segment assets | ¥54,077 million | ¥51,375 million | ↑ |
| Depreciation and amortization | ¥310 million | ¥348 million | ↓ |
| Capital expenditures (increase in tangible and intangible fixed assets) | ¥545 million | ¥539 million | ↑ |
| Impairment loss | ¥147 million | ¥159 million | ↓ |
Business Details
Manufactures and sells Composite Modules (fluorescent display tube-equipped modules and EMS), Industrial RC Equipment (for construction machinery, agriculture, and FA applications), Hobby RC Equipment, Robotics Products (Industrial Servos & Drones), OLED Displays, and other products. The segment operates globally through domestic and overseas manufacturing and sales subsidiaries, with sales networks in the Americas, Asia, and Europe. In FY2026 (ending March 2026), both sales and losses deteriorated year on year, continuing to be affected by the transition period of the business scheme change for OLED Displays and the winding down of the fluorescent display tube and touch sensor businesses.
Recent Overview
Both sales and losses deteriorated due to the OLED business scheme change and business wind-downs
In FY2026 (ending March 2026), the Electronic Devices & Equipment segment recorded net sales of ¥15,414 million (down 11.9% year on year) and an operating loss of ¥1,322 million (widening from a loss of ¥920 million in the prior period). Main factors included the change in product mix during the OLED Displays business scheme transition period, the impact of winding down the touch sensor and fluorescent display tube businesses, and the leveling off of demand for Hobby RC Equipment following its peak. Although fixed costs were reduced through structural reforms and lower retirement benefit expenses, this was not enough to offset the deterioration in operating rate. For the next fiscal year (FY2027, ending March 2027), the company expects an improvement to net sales of ¥16,800 million and an operating loss of ¥600 million.
Key Products
Growth Drivers
- Expansion of demand for agricultural and construction machinery applications in Industrial RC Equipment, and promotion of development and market cultivation of new products integrating wireless technology with AI and sensor technology
- Continued capture of demand related to North American UAVs in Robotics Products (Industrial Servos), and strengthening of custom support for medium/large drones and sales of small drones in the drone business
- Anticipated recovery in orders in the EMS business against the backdrop of reshoring production to the U.S., along with customer development and business structure improvements
- Improvement of cost structure through fixed cost reductions, promotion of automation at overseas production plants, and strengthening of production management systems
- Stimulation of demand and expansion of market share through continuous rollout of new products, including transmitters/receivers and peripheral equipment, in Hobby RC Equipment
Risks
- Continued deterioration in operating rate and decline in sales due to the winding down of the fluorescent display tube and outer-cell touch sensor businesses
- Changes in product mix and deteriorating profitability during the OLED Displays business scheme transition period
- Risk of demand decline and supply chain impact due to U.S. tariff policy
- Continued recording of impairment losses at multiple sites (Huntsville, U.S.; Kaohsiung, Taiwan; Shanghai, China; South Korea, etc.) (¥147 million in the Electronic Devices & Equipment segment in the current period)
- Uncertainty over demand recovery in Hobby RC Equipment following the leveling off of new product demand
Last updated: June 25, 2026