NIHON PLAST CO.,LTD.
7291・Standard Market・Transportation Equipment
Japan
Core segment for domestic automotive parts manufacturing. Nissan Motor Co., Ltd. is the main customer.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Sales | ¥43,291 million | ¥46,048 million | ↓ |
| Segment Profit | ¥1,383 million | ¥1,711 million | ↓ |
| Segment Assets | ¥26,648 million | ¥25,673 million | ↑ |
| Depreciation | ¥983 million | ¥901 million | ↑ |
| Increase in Property, Plant and Equipment and Intangible Assets | ¥2,015 million | ¥1,873 million | ↑ |
| Impairment Loss (Extraordinary Loss) | ¥393 million | ¥0 million | ↓ |
Business Details
This is the domestic segment operated by Nihon Plast Co., Ltd. itself. It manufactures and sells safety parts such as Steering Wheels and Airbag Modules, Interior Resin Parts such as air conditioning parts and consoles, and Exterior Resin Parts such as cowl top covers. The main customer is Nissan Motor Co., Ltd. NP Service Co., Ltd. and Nihon Plast Transport Co., Ltd. handle Administrative Processing & Transportation Services. In FY2026 (ending March 2026), reduced production at customers, wage increases, and revisions to procurement prices pressured profitability, and an impairment loss of ¥393 million was recorded at some domestic sites.
Recent Overview
Reduced production at customers, wage increases, and procurement price revisions combined to cause lower sales and profit. Impairment loss recorded at some sites.
Sales for the Japan segment in FY2026 (ending March 2026) were ¥43,291 million, a decrease of ¥2,757 million (down 6.0% year on year). Although progress was made in passing on rising labor costs and expenses to sales prices, this was outweighed by the impact of reduced production at customers. Segment profit was ¥1,383 million, a decrease of ¥327 million (down 19.1% year on year), as the decline in sales, combined with wage increases and procurement price revisions made in response to requests from suppliers for price hikes, acted as negative factors. In addition, at some domestic sites where profitability declined due to changes in the market environment, the book value of fixed assets was written down to the recoverable amount, and an impairment loss of ¥393 million was recorded as an extraordinary loss.
Key Products
Growth Drivers
- Progress in passing on sales prices (reflecting increased labor costs and expenses in product prices)
- Improved profitability through rationalization and cost containment
- Expectations of future order increases from new vehicle launches
- Expanding demand for autonomous-driving-compatible parts such as the HOD Handle
Risks
- Risk of sales decline due to reduced production at customers (Nissan Motor Co., Ltd., etc.) (sales in FY2026 (ending March 2026) down 6.0% year on year)
- Continued cost pressure from wage increases and procurement price revisions
- Risk of declining profitability at domestic sites and additional impairment due to changes in the market environment
- Temporary increase in new vehicle development costs (during periods of concentrated new vehicle launches)
- Risk of customer strategy changes due to deteriorating external conditions such as US tariff measures and Middle East tensions
Last updated: June 23, 2026