EXEDY Corporation
7278・Prime Market・Transportation Equipment
MT (Manual Transmission-related Business)
Manual transmission-related business segment centered on manual clutches
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (full year) | ¥75,693 million (¥75,461 million to external customers) | ¥74,053 million (¥73,800 million to external customers) | ↑ |
| Segment profit (full year) | ¥11,521 million | ¥10,766 million | ↑ |
| Segment profit margin (full year) | 15.2% | 14.5% | ↑ |
Business Details
A manual transmission-related business segment that manufactures and sells Clutch Discs, Clutch Covers, Dual Mass Flywheels, and other products. The Company and its domestic and overseas subsidiaries handle manufacturing and sales, building a global sales network through 14 sales companies in 11 countries worldwide and an immediate delivery system based on the proprietary order management system (EXEDY Express Delivery). Active expansion into the aftermarket (replacement parts) market is the main pillar of profitability improvement, and expanding sales in emerging markets, primarily in Asia and Oceania, is a core pillar of the growth strategy.
Recent Overview
Both revenue and profit increased, and profit margin also improved
In the MT segment for FY2026 (ending March 2026), revenue was ¥75,693 million (up 2.2% year on year) and segment profit was ¥11,521 million (up 7.0% year on year). Profit expanded primarily due to the increase in revenue, and the segment profit margin improved from 14.5% in the prior period to 15.2%. This appears to have been driven by expanded sales, including Motorcycle Clutches, in the Asia and Oceania region.
Key Products
Growth Drivers
- Increase in aftermarket (replacement parts) sales: expanding sales in emerging markets leveraging the network of 14 sales companies in 11 countries worldwide and the immediate delivery system of EXEDY Express Delivery
- Expanding demand in the Asia and Oceania region: increased sales of Motorcycle Clutches and other products, primarily in India and the ASEAN region
- Foreign exchange translation impact from yen depreciation: the trend of yen depreciation in the MT segment, which has a high proportion of overseas sales, boosted the translated value of revenue and profit
- Expansion of the product lineup: active sales expansion activities in key markets and strengthening of the product lineup
Risks
- Risk of long-term contraction in demand for manual transmissions due to progress in vehicle electrification (BEVs and HEVs)
- Risk related to production and sales trends and changes in procurement policy of major customers (the Aisin Group and the Nissan Motor Group)
- Foreign exchange risk associated with overseas business expansion (decrease in the translated value of revenue and profit when the yen appreciates)
- Risk of market fluctuations due to changes in political conditions and financial circumstances in emerging markets
- Risk of increased costs due to procurement risk for raw materials and parts and rising labor costs
Last updated: June 15, 2026