ENVALITH
株式会社東京衡機 logo

TOKYO KOKI CO. LTD.

7719Standard MarketPrecision Instruments

株式会社東京衡機 logo
TOKYO KOKI CO. LTD.7719

Testing Machine Business

Core business of the Tokyo Koki Group, responsible for the manufacture and sale of material and performance testing machines.

PeriodCurrentPreviousChange
Revenue (segment) - Cumulative Q1 FY2027 (ending Feb 2027)¥884 million¥695 million (Cumulative Q1 FY2026, ending Feb 2026)
Operating income (segment) - Cumulative Q1 FY2027 (ending Feb 2027)¥174 million¥125 million (Cumulative Q1 FY2026, ending Feb 2026)
Revenue year-on-year change+27.2%
Operating income year-on-year change+40.0%
Revenue (segment) - Full-year results (reference)¥3,678 million (FY2026, ending Feb 2026, full year)
Operating income (segment) - Full-year results (reference)¥649 million (FY2026, ending Feb 2026, full year)

Business Details

Tokyo Koki Testing Machine Co., Ltd. handles the manufacture and sale of testing/measurement equipment, import and sale of products from overseas business partners, and contracted testing services. With heavy industry, steel, automotive, railway, government agencies, and research institutions as its main customers, demand is centered on R&D investment and regulatory compliance needs, giving the business a stable demand structure that is relatively resistant to economic fluctuations. The company promotes higher value-added offerings through cost management via collaboration between the Sagamihara and Toyohashi plants, sales channel collaboration with ZwickRoell SE, and solution proposals combining CAE analysis technology from ASTOM R&D.

Recent Overview

Q1 revenue of ¥884 million and operating income of ¥174 million, both significantly up year on year.

In the first quarter of FY2027 (ending March 2027) (March to May 2026), the Testing Machine Business achieved revenue of ¥884 million (up 27.2% year on year) and operating income of ¥174 million (up 40.0% year on year). Orders remained solid, supported by capital investment demand centered on heavy industry, steel, automotive, railway, industrial equipment, government agencies, and research institutions. Efforts to improve productivity and reduce costs through strengthened collaboration between the Sagamihara and Toyohashi plants contributed to the improvement in profitability. Progress in CAE analysis and digital twin proposals through collaboration with ASTOM R&D also contributed to the expansion of high-value-added orders.

Key Products

product
Testing Machine Products (Custom-made)

Provides an industry-leading lineup in fields such as material evaluation testing and power performance testing for heavy industry, steel, automotive, railway, industrial equipment, government agencies, and research institutions. Revenue for this Q1 was ¥665,820 thousand.

service
Testing Machine Repair, Calibration & Maintenance Services

A one-stop solution covering everything from development and design to manufacturing, installation, maintenance, and calibration. This also includes maintenance services for ZwickRoell SE products in the Japanese market through the equity-method affiliate ZR Tokyo Koki Service Co., Ltd. Revenue for this Q1 was ¥193,892 thousand.

service
CAE Integration Solutions

High-value-added proposals that collaborate real (measured) data with virtual data using digital twin technology. Deployed for manufacturers and research institutions in automotive, steel, railway, and industrial equipment fields. Recorded as ¥24,513 thousand in other testing machine revenue for this Q1.

Growth Drivers

  • A stable demand structure highly resistant to economic fluctuations, driven by R&D investment and regulatory compliance demand from heavy industry, steel, automotive, railway, industrial equipment, and government agencies
  • Expansion of sales channels and strengthening of import sales and maintenance services through collaboration with ZwickRoell SE
  • Expansion of CAE analysis and digital twin integration solution proposals through collaboration with ASTOM R&D
  • Growing demand for testing machines related to new/expanded data centers and semiconductor plants, as well as energy facilities (nuclear, wind, solar)
  • Improved profitability through enhanced productivity and cost reduction from strengthened collaboration between the Sagamihara and Toyohashi plants
  • Customer retention and higher value-added offerings through one-stop solutions spanning development, design, manufacturing, installation, maintenance, and calibration

Risks

  • Risk of revenue timing shifts due to delivery delays on large-scale projects (occurred in the prior period)
  • Risk of rising costs due to surging raw material and energy prices
  • Impact on customers' capital investment plans from shifts in international conditions such as US trade policy and tariff increases
  • Pressure on profit margins from increased SG&A expenses (upfront investment associated with digitalization and strengthened governance)
  • Uncertainty in revenue recognition timing due to fluctuations in the pace of order backlog consumption
  • Governance risk associated with a compliance-related internal whistleblower case (an investigation committee has already been established)

Last updated: May 29, 2026