INABA DENKI SANGYO CO,LTD.
9934・Prime Market・Wholesale Trade
Electrical Construction Materials Business
Inaba Denki Sangyo's core segment handling wholesale distribution of electric wires, power receiving and distribution equipment, and related products
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue (external customers) | ¥293,289 million (FY2026, ending March 2026) | ¥271,054 million (FY2025, ended March 2025) | ↑ |
| Segment profit (pre-tax income basis) | ¥18,511 million (FY2026, ending March 2026) | ¥16,097 million (FY2025, ended March 2025) | ↑ |
| Segment assets | ¥105,783 million (FY2026, ending March 2026) | ¥105,750 million (FY2025, ended March 2025) | — |
| Depreciation and amortization | ¥183 million (FY2026, ending March 2026) | ¥174 million (FY2025, ended March 2025) | ↑ |
| Increase in tangible and intangible fixed assets | ¥242 million (FY2026, ending March 2026) | ¥163 million (FY2025, ended March 2025) | ↑ |
| Segment liabilities | ¥69,718 million (FY2026, ending March 2026) | ¥68,695 million (FY2025, ended March 2025) | ↑ |
Business Details
Engaged in wholesale distribution of electric wires and cables, piping materials, lighting fixtures, wiring devices, power receiving and distribution equipment, air conditioning equipment, audio and communication systems, disaster prevention and security systems, generators, solar power generation systems, measuring instruments, tools, and other products. The segment's primary customer base consists of redevelopment demand in major metropolitan areas, equipment renewal in the manufacturing industry, and large-scale projects such as data centers, making it the largest segment, accounting for approximately 70% of the group's total revenue. The company itself and ITF Corporation are the principal affiliated companies.
Recent Overview
Revenue increased 8.2% year on year, driven by demand for large-scale projects and surging copper prices
In FY2026 (ending March 2026), external customer revenue in the Electrical Construction Materials Business was ¥293,289 million (up 8.2% year on year). Deliveries for large-scale projects such as metropolitan redevelopment, factories, and data centers performed well, with sales of power receiving/distribution equipment and air conditioning equipment increasing by product category. Additionally, surging copper prices contributed to sales of electric wires and cables. Price increases across electrical construction materials, driven by rising logistics costs and raw material prices, also continued. Segment profit improved to ¥18,511 million (up 15.0% year on year), reflecting improved profitability.
Key Products
Growth Drivers
- Contribution to sales growth from higher unit prices of electric wires and cables driven by surging copper prices
- Continued demand for large-scale projects such as metropolitan redevelopment projects, manufacturing equipment renewal, and data center construction
- Continued increase in selling prices across electrical construction materials driven by rising logistics costs and raw material prices
- Aggressive personnel deployment and strengthened logistics functions to expand market share in the greater Tokyo area
- Expanded sales of environmental products such as LED lighting and solar power generation components driven by energy-saving and decarbonization demand
Risks
- Risk of significant decline in sales of electric wires and cables during periods of falling copper prices
- Risk that rising logistics costs and raw material prices push up procurement costs and squeeze profit margins
- Risk of demand decline due to slowdown or stagnation in metropolitan redevelopment and corporate capital investment
- Risk of deteriorating domestic economic conditions and capital expenditure sentiment due to U.S. trade policy (tariff policy) impacts
- Risk of economic downturn due to volatility in financial and capital markets and price increases
Last updated: June 23, 2026