DAIMARU ENAWIN Co.,Ltd.
9818・Standard Market・Wholesale Trade
Living Business
Daimaru Enawin's core segment centered on LP gas sales (accounting for approximately 69% of net sales)
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (FY2026, ending March 2026, full year) | ¥22,479 million | ¥24,044 million | ↓ |
| Segment profit (operating income) (FY2026, ending March 2026, full year) | ¥775 million | ¥737 million | ↑ |
| Segment assets (as of end of FY2026, ending March 2026) | ¥7,437 million | ¥7,439 million | — |
| Depreciation and amortization (FY2026, ending March 2026, full year) | ¥560 million | ¥512 million | ↑ |
| Increase in property, plant and equipment and intangible assets (FY2026, ending March 2026, full year) | ¥761 million | ¥583 million | ↑ |
| Share of consolidated net sales (FY2026, ending March 2026) | approx. 68.7% | approx. 72.0% | ↓ |
Business Details
Comprises three divisions: household, commercial, and industrial propane gas (Poppo Gas), LP gas wholesale (Energy), and residential equipment. The company together with its consolidated subsidiaries and affiliates sells LP gas as an integrated group. With net sales of ¥22,479 million, this segment accounts for approximately 69% of consolidated net sales of ¥32,697 million, making it the core business. Its performance structure is shaped by customer expansion through M&A and by fluctuations in selling prices linked to LP gas purchase prices.
Recent Overview
Net sales declined due to lower LP gas selling prices, but operating income increased due to reduced SG&A expenses
Net sales of the Living Business for FY2026 (ending March 2026) were ¥22,479 million, a decrease of ¥1,564 million (6.5%) year on year. The main cause was a decline in selling prices linked to LP gas purchase prices, with both the Poppo Gas division (down ¥349 million year on year) and the Energy division (down ¥1,297 million year on year) recording lower sales. Gross profit also decreased in line with the decline in net sales; however, because SG&A expenses decreased, segment profit (operating income) increased to ¥775 million, up ¥38 million (5.2%) year on year.
Key Products
Growth Drivers
- Expansion of Poppo Gas division customer accounts through M&A (acquisition of business rights and new LP gas customer development)
- Expansion of Energy division sales during periods of rising LP gas import prices
- Efficiency gains in meter reading and delivery operations and reduction in SG&A expenses through introduction of LPWA (low-power wide-area wireless meter-reading system)
- Promotion of LP gas-related products through strengthened functions of the Carbon Neutrality (CN) Promotion Department
- Expanded sales through bundled sales with Aqua products and collaboration among group companies
Risks
- Risk of fluctuations in selling prices linked to LP gas purchase prices (dependence on commodity market conditions)
- Decline in household propane gas shipment volumes due to the shift toward all-electric homes and city gas
- Intensifying competition from retail liberalization of electricity and city gas and the spread of energy-efficient appliances
- Structural decline in shipment volumes due to population shifts toward city gas service areas
- Risk of fluctuations in orders for renovation work and large-scale equipment installation projects in the residential equipment division
Last updated: June 30, 2026

