Futaba Industrial Co., Ltd.
7241・Prime Market・Transportation Equipment
Japan
Futaba Industrial's core domestic segment, accounting for approximately 45% of consolidated net sales
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (segment total) | ¥329,001 million | Not disclosed | ↓ |
| Segment profit | ¥5,906 million | Not disclosed | ↓ |
| Segment profit margin | 1.8% | Not disclosed | ↓ |
| Segment assets | ¥194,629 million | Not disclosed | — |
| Depreciation | ¥14,940 million | Not disclosed | — |
Business Details
The Company and Futaba Kyushu Co., Ltd. manufacture and sell automotive vehicle parts (Body & Interior Parts, exhaust system parts, chassis parts, etc.), environmental equipment parts, and equipment for external sales. The major customer is Toyota Motor Corporation (accounting for the majority of this segment's net sales, with sales of ¥213,902 million in the fiscal year under review). The segment supplies parts centered on press-processing technology, primarily from domestic production sites. Under the medium-term management plan for FY2025 through FY2027 (positioned as a growth investment period), the Company is promoting expansion of Body & Interior Parts sales and electrification response for exhaust system parts.
Recent Overview
The correction to the earnings report mainly involved account reclassifications in the cash flow statement and balance sheet, with no change to Japan segment performance figures
The correction disclosed on June 17, 2026 involved corrections to the consolidated balance sheet (revisions to amounts for accounts such as work in process, other current assets, and machinery and vehicles) and the consolidated statement of cash flows (operating CF: ¥38,644 million → ¥38,287 million; investing CF: -¥26,532 million → -¥26,429 million; financing CF: -¥6,353 million → -¥6,377 million). Profit and loss figures such as net sales and segment profit for the Japan Segment were not changed. The correction resulted from account reclassifications and revisions identified through internal review during the preparation of the Annual Securities Report.
Key Products
Growth Drivers
- Continued cost reduction effects from rationalization improvement and best-practice activities
- Improved profitability through implementation of price pass-through
- Increase in real net sales excluding fluctuations in supplied materials and material benchmark prices
- Development and capacity enhancement investments (capital expenditure of ¥19,405 million) aimed at expanding sales of Body & Interior Parts
- Streamlining of indirect operations through the construction of a virtual one-factory system utilizing digital technology
Risks
- Decline in sales due to reduced vehicle production volumes at customers (including the Toyota Group), with net sales down 10.1% year on year in the fiscal year under review
- Pressure on profit from increases in material costs, labor costs, and expenses (segment profit down 39.7% year on year)
- Medium- to long-term risk of demand contraction for exhaust system parts due to progress in electrification
- Fluctuations in net sales due to changes in unit prices of supplied materials and material benchmark prices (an apparent factor in sales fluctuation with no impact on profit)
- Risk of sales concentration in Toyota Motor Corporation (sales of ¥213,902 million in the fiscal year under review, 30.3% of consolidated net sales)
Last updated: June 17, 2026