ENVALITH
株式会社ファルテック logo

FALTEC Co.,Ltd.

7215Standard MarketTransportation Equipment

株式会社ファルテック logo
FALTEC Co.,Ltd.7215

Japan

Core domestic segment accounting for approximately 81% of consolidated net sales

PeriodCurrentPreviousChange
Net sales (external customers)¥59,233 million¥61,618 million
Segment profit¥1,791 million¥1,554 million
Segment assets¥51,599 million¥54,385 million
Depreciation and amortization¥3,138 million¥3,272 million
Impairment loss¥1,143 million¥118 million
Capital expenditures (increase in tangible and intangible fixed assets)¥3,175 million¥2,749 million

Business Details

This is the domestic business segment covered by the Company and its domestic consolidated subsidiaries (Techno Sash Co., Ltd., Kitakyushu Faltec Co., Ltd., etc.). It operates three businesses: Automotive Exterior Parts (Resin & Metal/Molding) (Radiator Grille, Millimeter-Wave Radar Cover, Window Molding, etc.), Genuine Automotive Accessories (remote engine starters, TCU, rear-view cameras, etc.), and Automotive-Related Equipment (vehicle inspection equipment, tire assembly equipment, etc.). Major customers are Nissan Motor Co., Ltd. (20.4% of net sales) and Toyota Motor Corporation (12.3%). As the domestic mother plant, it also plays a role in the horizontal deployment of technology and production know-how to overseas locations.

Recent Overview

Despite lower sales, cost reduction activities drove segment profit up 15.2% year on year

In the Japan segment for FY2026 (ending March 2026), net sales came in at only ¥59,233 million (down 3.9% year on year) due to lower production and sales volumes by domestic automakers. On the other hand, segment profit improved to ¥1,791 million (up 15.2% year on year) owing to the promotion of cost reduction activities and other measures. However, an impairment loss of ¥1,143 million was recognized on business-use assets held by the Company and its domestic subsidiaries, a substantial increase from the prior period (¥118 million), which is a financial concern.

Key Products

product
Automotive Exterior Parts (Resin)

Manufactures and sells Radiator Grille, Millimeter-Wave Radar Cover (RADOME), etc. A strategic product expected to see expanding demand as ADAS becomes more widespread.

product
Automotive Exterior Parts (Metal & Molding)

Manufactures and sells metal-based molding parts such as Window Molding and roof rails. Responsible for stable supply to domestic automakers.

product
Genuine Automotive Accessories

Offers remote engine starters, TCU (Telematics Communication Unit), rear-view cameras, and other products. A group of value-added products sold as genuine accessories by automakers.

product
Automotive-Related Equipment

The business area handled by Artia Corporation. Manufactures and sells vehicle inspection equipment, tire assembly equipment, emergency power units, and other products. Has a different demand cycle from the automotive exterior parts business, contributing to earnings stabilization.

Growth Drivers

  • Strengthening cost competitiveness through the promotion of cost reduction activities (FPS: Faltec Production System)
  • Expanding demand for ADAS-related parts such as Millimeter-Wave Radar Cover (RADOME)
  • Stabilizing and diversifying earnings through the Automotive-Related Equipment business
  • Promoting appropriate pricing commensurate with costs
  • Stable order base based on long-term business relationships with Nissan Motor and Toyota Motor

Risks

  • Downward pressure on net sales due to declining production and sales volumes at domestic automakers
  • Cost pressure from elevated raw material and energy costs remaining high
  • Rising labor and logistics costs
  • Impact on earnings from sharp exchange rate fluctuations
  • Risk of impairment of fixed assets (an impairment loss of ¥1,143 million was recognized in FY2026 (ending March 2026), a substantial increase year on year)
  • Risk of decline in the recoverability of deferred tax assets

Last updated: June 18, 2026