NANSIN CO., LTD.
7399・Standard Market・Transportation Equipment
Japan
Core segment for the domestic Casters and Trolleys business, accounting for approximately 94% of consolidated sales.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (external customers) | ¥9,169 million | ¥9,172 million | — |
| Segment sales (including internal, total) | ¥9,271 million | ¥9,304 million | ↓ |
| Segment operating income (loss) | ¥57 million (profit) | -¥73 million (loss) | ↑ |
| Segment assets | ¥10,992 million | ¥11,316 million | ↓ |
| Depreciation | ¥170 million | ¥169 million | — |
| Increase in tangible and intangible fixed assets | ¥126 million | ¥134 million | ↓ |
Business Details
This is the domestic business segment operated directly by Nansin Co., Ltd. It manufactures and sells Casters, Trolleys & Roll Box Pallets, Store Fixtures & Medical Resin Parts, and other products. Its primary markets are domestic logistics, medical, and nursing care fields, and it is also responsible for supplying products to and internal transfers with overseas subsidiaries (Malaysia and China). In FY2026 (ending March 2026), despite a slight decrease in sales, the segment turned profitable, recovering from an operating loss in the prior period. Inter-segment internal sales amounted to ¥101,995 thousand.
Recent Overview
Turned profitable at the operating level, recovering from a loss in the prior period. Sales declined slightly, but the earnings structure improved.
In FY2026 (ending March 2026), the Japan segment saw sales of ¥9,271 million (down 0.4% year on year), a slight decrease, while segment operating income reached ¥56,857 thousand, turning profitable from an operating loss of ¥73,057 thousand in the prior period. This is believed to reflect the success of efforts to optimize the product mix and prioritize profitability. Sales in the Caster business decreased to ¥5,511 million (from ¥6,072 million in the prior period), but this was offset by growth in the Others business, which increased to ¥3,658 million (from ¥3,100 million in the prior period).
Key Products
Growth Drivers
- Continued turnaround to operating profit through product mix optimization and profitability-focused initiatives
- Expansion of sales in the Others business (Trolleys & Roll Box Pallets, etc.), up 18% year on year
- Capturing demand through new product development (logistics, medical, and nursing care fields)
- Cost reduction through more efficient production and sales systems
- Strengthening development and sales capabilities through investment in human capital
Risks
- Cost increases due to the continued weakening of the yen (rising raw material and procurement costs)
- Increased SG&A expenses due to rising labor costs and persistently high logistics costs
- Risk of demand slowdown due to sluggish growth in domestic personal consumption
- Profit pressure from continued high prices and elevated energy costs
- Indirect impact from geopolitical risks (China's economic slowdown, the situation in Russia and Ukraine)
- Continued downward trend in Caster business sales (down 9.2% year on year)
Last updated: June 29, 2026