RIKEN KEIKI CO., LTD.
7734・Prime Market・Precision Instruments
RIKEN KEIKI CO., LTD. (Single Segment)
A global manufacturer operating a single business focused on the manufacture and sale of industrial gas detection and alarm equipment
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (FY2026, ending March 2026, full year) | ¥55,212 million | ¥49,038 million | ↑ |
| Operating profit (FY2026, ending March 2026, full year) | ¥12,425 million | ¥10,642 million | ↑ |
| Ordinary profit (FY2026, ending March 2026, full year) | ¥13,443 million | ¥10,830 million | ↑ |
| Profit attributable to owners of parent | ¥9,957 million | ¥8,007 million | ↑ |
| Operating margin | 22.5% | 21.7% | ↑ |
| Equity ratio | 84.5% | 83.5% | ↑ |
| Earnings per share | ¥217.32 | ¥172.10 | ↑ |
| Order backlog (end of FY2026, ending March 2026) | ¥18,426 million | ¥13,175 million | ↑ |
| Overseas sales | ¥26,089 million (47.3%) | ¥21,578 million (44.0%) | ↑ |
| Cash flow from operating activities | ¥11,126 million | ¥6,295 million | ↑ |
| Cash and cash equivalents at end of period | ¥24,407 million | ¥19,033 million | ↑ |
| Annual dividend per share | ¥55.00 | ¥45.00 | ↑ |
Business Details
The company operates the manufacture and sale of Stationary Gas Detection & Alarm Equipment, Portable Gas Detection & Alarm Equipment, and Other Measuring Equipment, along with After-sales Maintenance Service, as a single segment. Major customers include domestic and overseas industries such as semiconductors, petrochemicals, shipbuilding, and gas. In FY2026 (ending March 2026), the domestic sales ratio was 52.7% and overseas 47.3% (Asia 24.3%, North America 18.3%, Europe 3.9%). The company operates globally through 8 consolidated subsidiaries (Taiwan, China, the U.S., Singapore, Germany, etc.). Against a backdrop of expanding semiconductor demand for generative AI and data centers and strong performance of portable equipment in North America, the company achieved increased revenue and profit.
Recent Overview
Driven by semiconductor and North American demand, the company achieved substantial growth with revenue up 12.6% and operating profit up 16.8%
In FY2026 (ending March 2026), against a backdrop of expanding semiconductor investment for generative AI and data centers, both categories saw increased sales, with Stationary equipment reaching ¥33,616 million (up 7.8% year on year) and Portable equipment reaching ¥20,238 million (up 22.6% year on year). North American sales expanded to ¥9,634 million (from ¥8,184 million in the prior period), and the overseas sales ratio rose to 47.3% (from 44.0% in the prior period). The recording of a foreign exchange gain of ¥512 million (versus a loss of ¥249 million in the prior period) also boosted ordinary profit, which increased 24.1% to ¥13,443 million. Order backlog increased by ¥5,250 million from the end of the previous fiscal year to ¥18,426 million, providing a favorable carryover into the next fiscal year. The year-end dividend was increased from ¥25 to ¥30, bringing the annual dividend to ¥55 (up from ¥45 in the prior period). For FY2027 (ending March 2027), the company forecasts revenue of ¥60,000 million (up 8.7% year on year) and operating profit of ¥12,700 million (up 2.2% year on year).
Key Products
Growth Drivers
- Continued robust demand for Stationary Gas Detection & Alarm Equipment for the semiconductor industry, driven by expanding semiconductor investment for generative AI and data centers
- Expanded sales of the Portable Gas Detection & Alarm Equipment 'GX-3R Series' to a broad range of industries, mainly in North America (up 22.6% year on year in FY2026, ending March 2026)
- Expanded market share through strengthened development and sales of multi-point tape-type gas detection and alarm equipment for the overseas semiconductor market
- Continued expansion of the overseas sales ratio (from 44.0% to 47.3%) and strengthened sales structure in the North American and Asian markets
- Cumulative effect on next-period performance from an order backlog of ¥18,426 million (up ¥5,250 million from the end of the previous fiscal year)
- Steady accumulation of stock-type revenue driven by solid performance of After-sales Maintenance Service
- Maintaining and enhancing competitiveness through continued development of advanced detection technologies, including gas visualization
Risks
- Risk of sudden changes in demand from major customers due to fluctuations in the semiconductor industry's capital investment cycle
- Risk of intensifying trade friction due to U.S. trade and tariff policy, leading to deterioration of the business environment in the North American and Asian markets
- Foreign exchange risk (a foreign exchange gain of ¥512 million was recorded in FY2026, ending March 2026, but a reversal could pressure ordinary profit)
- Risk of rising costs due to increases in labor costs (salaries and allowances of ¥4,051 million, up ¥223 million year on year) and raw material prices
- Impact on the supply chain and demand from geopolitical risks such as the situations in the Middle East and Ukraine
- Risk of impact on sales to East Asia (China sales of ¥6,759 million) due to uncertainty in the Chinese economy
- For FY2027 (ending March 2027), the company forecasts declines in ordinary profit (down 3.3% year on year) and net profit (down 3.6% year on year), making the maintenance of profitability a challenge
Last updated: June 24, 2026