TACHIBANA ELETECH CO., LTD.
8159・Prime Market・Wholesale Trade
FA Systems
The core business of Tachibana Eletech, handling FA Equipment, Industrial Machinery, and Industrial Device Components
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (full year, FY2026 (ending March 2026)) | ¥109,865 million | ¥108,627 million | ↑ |
| Operating profit (full year, FY2026 (ending March 2026)) | ¥5,042 million | ¥4,978 million | ↑ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥54,587 million | ¥56,108 million | ↓ |
| Depreciation (full year, FY2026 (ending March 2026)) | ¥404 million | ¥315 million | ↑ |
| Increase in property, plant and equipment and intangible assets (full year, FY2026 (ending March 2026)) | ¥1,330 million | ¥628 million | ↑ |
Business Details
A technical trading company-type business handling programmable controllers, inverters, AC servos, industrial robots, laser processing machines, connectors, industrial PCs, and other products. Domestically, the Company, Kenden Kogyo, Daiden, Takagi Connect, and others handle sales and technical support, while overseas local subsidiaries in Taiwan, China, Thailand, Malaysia, and India take on this role. The segment is strengthening system solution proposals that capture factory automation and labor-saving needs, promoting the use of robots and M2M technology.
Recent Overview
Both revenue and operating profit rose slightly despite inventory adjustment effects; a bottoming-out was seen from Q3
Full-year revenue for FY2026 (ending March 2026) was ¥109,865 million (up 1.1% year on year), and operating profit was ¥5,042 million (up 1.3% year on year). In the FA Equipment field, prolonged inventory adjustments at some customers led to a decline in core equipment such as PLCs and inverters, while growth in inquiries and expansion of the System Solutions Business, growth in laser processing machines and automation equipment, and growth in information and communication equipment sales due to OS update demand contributed positively. Meanwhile, large-scale equipment for steel plants declined significantly due to a rebound from a large project in the prior period. At subsidiaries, connection equipment for semiconductor manufacturing equipment applications remained solid, while automotive-related equipment projects declined. Signs of a bottoming-out in inventory adjustment were observed from the third quarter.
Key Products
Growth Drivers
- Expansion of the System Solutions Business capturing factory automation and labor-saving needs (continued growth in inquiries and business expansion)
- Growth in sales of information and communication equipment due to OS update demand
- Expansion into the Indian market and building a sales expansion foundation (promoting relationship-building with suppliers and partner companies)
- Steady performance of connection equipment for semiconductor manufacturing equipment applications (subsidiary)
- Strengthening of sales capabilities and technical proposal capabilities through DX promotion, human capital investment, and head office renovation
- Execution of various strategies toward achieving ¥300 billion in revenue and a 4% operating margin by FY2030 under the medium- to long-term management plan "GIC30"
Risks
- Risk of continued sluggish demand for FA Equipment (PLCs, inverters, AC servos) due to prolonged distribution inventory adjustments
- Negative impact on Asian operations from sluggish demand in the Chinese market and the effects of US trade policy and geopolitical risks
- Risk of a rebound decline from strong projects in the prior period (such as large-scale equipment for steel plants)
- Decrease in demand for automotive-related control equipment and facility projects (subsidiary)
- Risk of profit pressure from rising raw material prices, sharp foreign exchange fluctuations, and rising interest rates
- Risk of cost increases due to domestic labor shortages and rising prices
Last updated: June 23, 2026