CAR MATE MFG. CO., LTD.
7297・Standard Market・Transportation Equipment
Automotive-related Business
The core business of the Carmate Group, accounting for approximately 90% of consolidated net sales, engaged in the manufacture and sale of automotive accessories
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Full Year) | ¥14,020 million | ¥14,381 million | ↓ |
| Segment Operating Income (Full Year) | ¥1,292 million | ¥1,126 million | ↑ |
| Segment Assets (Full Year End) | ¥11,757 million | ¥12,641 million | ↓ |
| Depreciation and Amortization (Full Year) | ¥337 million | ¥349 million | ↓ |
| Capital Expenditures (Full Year) | ¥228 million | ¥313 million | ↓ |
Business Details
Comprises four divisions: automotive accessories, roof carriers/tire chains, chemical products, and electronic/electrical equipment. Manufactures and sells child seats, INNO brand roof carriers, Biathlon brand non-metallic tire chains, air fresheners/deodorizers, drive recorders, remote engine starters, and other products. Sales channels include car accessory specialty stores, home centers, drugstores, and e-commerce routes, with operations both domestically and overseas. Major customers include Autobacs Seven Co., Ltd. (18.0% of net sales) and Amazon Japan G.K. (12.0% of net sales). Overseas operations include a U.S. subsidiary (Car Mate USA, Inc.) and a manufacturing subsidiary in China.
Recent Overview
Cumulative Q3 saw a decline in sales, but improved cost ratio led to increased operating income; an impairment loss was recorded
Net sales of the Automotive-related Business for the cumulative nine months of Q3 FY2026 (ending March 2026) (April to December 2025) were ¥9,970 million (down 8.8% year on year). However, operating income increased to ¥1,163 million (up 4.6% year on year) due to an improved cost ratio. For the full year (FY2025, ended March 2025), net sales were ¥14,020 million (down 2.5% year on year) and operating income was ¥1,292 million (up 14.8% year on year). An impairment loss of ¥524 million was recorded during the fiscal year. The child seat, roof carrier, and electronic/electrical equipment divisions saw declines in sales, while the chemical products division achieved an increase in sales.
Key Products
Growth Drivers
- Improvement in cost ratio (consolidated cost ratio improved by 2.1 percentage points year on year in FY2025, ended March 2025, due to a decrease in product valuation losses, among other factors)
- Increased sales in the chemical products division (air fresheners, deodorizers, etc. remained robust)
- Expansion of overseas sales (initiatives to increase exports utilizing the U.S. subsidiary and China manufacturing subsidiary)
- Strengthened market introduction of new products and services, and development of new channels and new customers
- Increased sales to major customer Autobacs Seven (¥2,801 million, up ¥47 million year on year)
Risks
- Declining sales trend in child seats, roof carriers, and electronic/electrical equipment divisions (due to the cooling of the outdoor boom)
- Cost pressure from yen depreciation and persistently high raw material prices
- Seasonal fluctuation risk due to dependence on winter products (Q4 performance is significantly affected by the amount of snowfall)
- Risk of recording impairment losses (an impairment loss of ¥524 million was recorded in the Automotive-related Business in FY2025, ended March 2025)
- Impact on overseas business from unstable international conditions and U.S. tariff policy trends
Last updated: June 25, 2026