NARASAKI SANGYO CO., LTD.
8085・Standard Market・Wholesale Trade
Electrical Equipment Business
A business segment ranking second within the group in terms of sales, handling power distribution & control equipment, air conditioning equipment, laser processing machines, and other products
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Full Year) | ¥31,824 million | ¥29,286 million | ↑ |
| Segment Profit (Full Year) | ¥1,370 million | ¥1,585 million | ↓ |
| Depreciation (Full Year) | ¥8 million | ¥7 million | ↑ |
Business Details
The parent company sells power distribution & control equipment, air conditioning, refrigeration & cold storage equipment, laser processing machines, ceramics, and other products both domestically and overseas. The business is structured around two pillars: the building equipment field (control equipment, air conditioning equipment) and the production equipment field (laser processing machines, FA Systems). The consolidated subsidiary Yuki Trading (Shanghai) Co., Ltd. sells in the Chinese market, while the non-consolidated subsidiary NARASAKI VIETNAM CO., LTD. sells FA Systems and other products in the ASEAN region, advancing overseas expansion.
Recent Overview
Net sales rose 8.7% year on year to ¥31,824 million, but segment profit declined 13.6% to ¥1,370 million
In FY2026 (ending March 2026), in the building equipment field, sales of control equipment and air conditioning equipment remained solid due to expanding infrastructure investment such as data centers. In the production equipment field, while recovery in the semiconductor market has been delayed, generative AI-related demand remained strong and export orders for laser processing machines progressed smoothly. Net sales expanded to ¥31,824 million (up 8.7% year on year), but segment profit declined to ¥1,370 million (down 13.6% year on year).
Key Products
Growth Drivers
- Increased demand for control equipment and air conditioning equipment due to expanding infrastructure investment such as data centers
- Smooth progress of export orders for laser processing machines
- Demand for production equipment for the semiconductor market driven by generative AI-related demand
- Sales contribution from the Chinese market via Yuki Trading (Shanghai) Co., Ltd.
- Selection and concentration of businesses based on the medium-term management plan "NS Creation 2026"
Risks
- Risk of demand fluctuation in the production equipment field due to delayed recovery in the semiconductor market
- Impact on export orders from US trade policy and geopolitical risks
- Economic trends and regulatory risks in the Chinese market (Yuki Trading (Shanghai) Co., Ltd.)
- Impact on the building equipment field from fluctuations in construction demand (e.g., construction delays due to labor shortages)
- Risk of rising procurement costs due to yen depreciation
- Cost structure risk of declining segment profit margin despite rising sales
Last updated: June 23, 2026