NIHON DENKEI CO.,LTD.
9908・Standard Market・Wholesale Trade
Japan
The core domestic electronic measuring instrument sales segment, accounting for approximately 77% of group net sales
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (including intersegment transactions) | ¥106,896 million | ¥101,947 million | ↑ |
| Segment profit (operating income basis) | ¥6,501 million | ¥6,202 million | ↑ |
| Net sales YoY change | up 4.9% | up 13.0% | ↑ |
| Depreciation and amortization | ¥303 million | ¥318 million | ↓ |
| Goodwill amortization | ¥23 million | ¥11 million | ↑ |
Business Details
Comprised of Nippon Denkei Co., Ltd. itself and its domestic subsidiaries (including Yuai Electronics Co., Ltd.). The segment sells a wide range of products including electronic measuring instruments, manufacturing/processing inspection equipment, electronic components, PC-related products, environmental testing equipment, and image measurement equipment, and also provides repair and calibration services. With automobile and electronics/electrical equipment manufacturers as its primary customers, the segment captures R&D and capital expenditure demand from growth areas such as EVs, ADAS, AI, data centers, GX (green transformation), and defense.
Recent Overview
Increased sales and profit driven by automotive and defense-related investment, with order backlog also expanding significantly
In the Japan segment for FY2026 (ending March 2026), net sales were ¥106,896 million (up 4.9% YoY) and segment profit was ¥6,501 million (versus ¥6,202 million in the prior period), representing increased sales and profit. The segment accurately captured demand from growth areas such as automotive-related equipment and R&D investment and increased investment related to expanded defense budgets, resulting in steady order trends. On a consolidated basis, orders received were ¥144,699 million (up 16.7% YoY) and the order backlog rose sharply to ¥44,885 million (up 34.6% YoY), which is expected to contribute to results in the next period. Domestic subsidiary Yuai Electronics also secured profit as its calibration services trended steadily.
Key Products
Growth Drivers
- Continued expansion of technology development investment for EVs, fuel cells, ADAS, and autonomous driving in the automotive industry
- Expansion of capital expenditure in AI, data centers, high-speed large-capacity communications, and GX-related fields
- Expansion of investment in related measurement and testing equipment amid increased defense budgets
- Steady trend in manufacturing site capital expenditure demand aimed at automation and labor savings
- Strengthened systems proposal capabilities and expansion into growth markets under the medium-term management plan 'INNOVATION2030 Ver.2.0'
- Contribution to next-period sales from the accumulation of a backlog of ¥44,885 million (up 34.6% YoY)
Risks
- Concerns over a slowdown in the global economy due to US tariff policy and its adverse impact on customer companies' capital expenditure sentiment
- Risk of increased customer costs and investment restraint due to rising oil prices and inflation stemming from Middle East/Iran tensions
- Risk of supply chain disruption and parts procurement difficulties due to heightened geopolitical risk
- Risk of a resurgence of cautious attitudes toward capital expenditure budget execution amid a continuing back-and-forth economic recovery
- Risk of increased SG&A expenses and profit margin pressure from expanded human capital investment such as wage increases and staffing increases
Last updated: June 18, 2026