ENVALITH
株式会社鳥羽洋行 logo

TOBA,INC.

7472Standard MarketWholesale Trade

株式会社鳥羽洋行 logo
TOBA,INC.7472

Sales of Machinery and Tools

Single business segment as a specialty trading company handling Control Equipment, FA Equipment, and Industrial Equipment

PeriodCurrentPreviousChange
Net sales¥29,061 million¥31,565 million
Operating profit¥1,494 million¥1,684 million
Ordinary profit¥1,612 million¥1,812 million
Profit attributable to owners of parent¥1,107 million¥1,231 million
Operating margin5.1%5.3%
Equity ratio74.6%68.2%
Earnings per share¥281.86¥310.89
Net assets per share¥5,570.51¥5,304.55
Cash and cash equivalents at end of period¥12,448 million¥10,472 million
Cash flow from operating activities¥3,228 million△¥752 million

Business Details

The Group is a specialty trading company that sells Control Equipment (pneumatic equipment, various sensors, etc.), FA Equipment (industrial robots, automatic assembly machines, etc.), and Industrial Equipment (electric screwdrivers, automated guided vehicles, etc.) to manufacturing users in Japan and overseas. Domestically, the company conducts sales activities closely tied to customers through a network of 23 sales offices, while overseas, the Overseas Business Group leads sales primarily to China. The company has approximately 1,200 suppliers, and is characterized not merely by wholesale distribution but by proposal-based sales directly to manufacturing sites. ISO9001 and ISO14001 certifications have been obtained at the head office and all sales offices.

Recent Overview

Net sales and all profit items declined year on year, impacted by a significant decrease in sales related to automobiles and automotive components

In FY2026 (ending March 2026), net sales were ¥29,061 million (down 7.9% year on year) and operating profit was ¥1,494 million (down 11.3% year on year). While demand for AI semiconductors remained solid, capital investment by automotive-related companies was sluggish due to the slowdown in EV market growth and uncertainty over U.S. tariff policy, and automotive power semiconductors were also affected by supply chain inventory adjustments. Overseas, sales of industrial robots to China remained solid. Operating cash flow turned positive at ¥3,228 million due to a significant decrease in trade receivables (¥4,323 million). For FY2027 (ending March 2027), net sales are projected at ¥32,000 million (up 10.1% year on year) and operating profit at ¥1,730 million (up 15.8% year on year).

Key Products

product
Control Equipment

Provides Control Equipment, including pneumatic equipment and various sensors, to manufacturing users. Conducts proposal-based sales that address automation and labor-saving needs at manufacturing sites.

product
FA Equipment

Sells FA Equipment such as industrial robots and automatic assembly machines to manufacturing users in Japan and overseas. Sales of industrial robots to customers related to electronic components for various devices in China have remained solid.

product
Industrial Equipment

Provides Industrial Equipment such as electric screwdrivers and automated guided vehicles to manufacturing users, addressing labor-saving demand at manufacturing sites driven by labor shortages.

product
Special Machinery Systems (for Semiconductor Manufacturing Equipment)

Against the backdrop of the spread of generative AI and expanding data center investment, demand for high-performance semiconductors (AI semiconductors) has remained solid. On the other hand, general-purpose memory and automotive power semiconductors were sluggish due to the effects of inventory adjustments.

Growth Drivers

  • Solid demand for AI semiconductors driven by the spread of generative AI and expanding data center investment
  • Expansion of FA Equipment sales driven by demand for automation and labor-saving at manufacturing sites amid rising labor costs and labor shortages
  • Solid sales of industrial robots to customers related to electronic components for various devices in China
  • Steady capital investment demand from automotive and automotive component-related customers driven by the spread of HVs and ADAS
  • Development of new sales markets and discovery of high-value-added products based on the medium-term management plan "Next Stage 2028"

Risks

  • Sluggish capital investment by automotive-related companies due to uncertainty over the outlook for U.S. tariff policy
  • Weak demand for automotive power semiconductors due to supply chain-wide inventory adjustments amid slowing EV market growth
  • Risk that demand for general-purpose memory for smartphones and PCs will only recover gradually
  • Continued concerns over a slowdown in the Chinese economy and prolonged geopolitical risks (such as the situation in the Middle East)
  • Foreign exchange fluctuation risk (occurrence of foreign exchange losses)
  • Concerns over economic downturn due to soaring energy and raw material prices

Last updated: June 18, 2026