ENVALITH
株式会社進和 logo

Shinwa Co., Ltd.

7607Prime MarketWholesale Trade

株式会社進和 logo
Shinwa Co., Ltd.7607

Japan

Core segment centered on the sale of production equipment and materials to the domestic automotive industry

PeriodCurrentPreviousChange
Segment sales (cumulative third quarter, FY2026 (ending August 2026))¥56,677 million¥55,372 million
Segment profit (cumulative third quarter, FY2026 (ending August 2026))¥3,092 million¥2,677 million
Sales to external customers (cumulative third quarter, FY2026 (ending August 2026))¥52,455 million¥50,417 million
Segment sales (full year, FY2025 (ended August 2025))¥73,851 million
Segment profit (full year, FY2025 (ended August 2025))¥3,079 million
Segment sales (interim period, FY2026 (ending August 2026))¥37,768 million
Segment profit (interim period, FY2026 (ending August 2026))¥2,174 million

Business Details

Consists of the Company (Shinwa Corporation) and its domestic subsidiaries. Primarily sells Metal Joining Equipment & Materials, industrial machinery, and FA System-Related Products to finished vehicle manufacturers and automotive parts manufacturers, and also engages in overlay welding/thermal spraying, brazing processing, maintenance construction, and manufacturing of FA System-Related Products. Major customers are Toyota Motor Corporation and DENSO Corporation. This is the largest segment, accounting for approximately 78% of consolidated net sales.

Recent Overview

Strong inspection equipment and AMR sales drove a 2.4% year-on-year increase in cumulative third quarter sales, with profit up 15.5%

In the cumulative nine months of FY2026 (ending August 2026) (September 2025 to May 2026), the Japan segment recorded sales of ¥56,677 million (up 2.4% year on year) and segment profit of ¥3,092 million (up 15.5% year on year). Sales of various inspection equipment and AMR & network systems contributed. While the rebound effect from the previous year's certification irregularity issues on domestic automobile production volume had run its course, capital investment remained resilient, supported by technology development for next-generation vehicles and autonomous driving as well as automation and labor-saving at manufacturing sites.

Key Products

product
Production Equipment, Robot Systems & Inspection Equipment

Sells various inspection equipment, industrial robot systems, etc. to finished vehicle manufacturers and automotive parts manufacturers. Sales of inspection equipment contributed to performance in the third quarter under review as well.

product
AMR (Autonomous Mobile Robot) & Network Systems

A core product of the Smart Factory Innovation business. Has trended steadily against a backdrop of demand for automation and labor-saving at manufacturing sites, with contribution to sales confirmed in the cumulative third quarter period as well.

product
Metal Joining Equipment & Materials (Welding Materials, Brazing Materials, etc.)

Sells welding materials, brazing materials, and other metal joining-related materials and equipment. This is the Company's core competency and forms the foundation for strengthening engineering functions.

service
Maintenance Construction & Services

Provides maintenance construction and various processing services related to the maintenance and improvement of production equipment. A service business that contributes to improving customers' equipment utilization rates.

product
Manufacture & Sale of Resin Products

A resin product manufacturing and sales business handled by group subsidiary Daishin Co., Ltd., supplying to automotive-related manufacturers.

Growth Drivers

  • Steady sales of production equipment, robot systems, and inspection equipment for finished vehicle manufacturers and automotive parts manufacturers
  • Capture of smart factory demand through AMRs (Autonomous Mobile Robots) and associated network systems
  • Expansion of demand for production equipment related to EVs and vehicle-mounted batteries
  • Realization of appropriate pricing through price pass-through and provision of high-value-added products
  • Expansion of existing business and development of new business areas through strengthened engineering functions

Risks

  • High dependence on capital investment trends in the automotive industry (customer concentration risk: Toyota Motor Corporation 19.0%, DENSO Corporation 10.1%)
  • Risk of investment postponement due to slowdown in the EV and vehicle-mounted battery markets
  • Pressure on SG&A expenses from human capital investment and wage increases
  • Fluctuations in domestic automobile production volume (impact of certification irregularity issues, etc.)
  • Indirect impact of US foreign economic policy (tariffs, etc.) on production and investment plans of Japanese automakers

Last updated: November 19, 2025