MISUMI Group Inc.
9962・Prime Market・Wholesale Trade
FA Business
MISUMI's core manufacturer business, developing and supplying FA standard components, precision modules, and custom mechanical parts
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (FY2026 full year, ending March 2026) | ¥160,498 million | ¥135,803 million | ↑ |
| Operating profit (FY2026 full year, ending March 2026) | ¥20,283 million | ¥22,510 million | ↓ |
| Operating profit margin (FY2026 full year, ending March 2026) | 12.6% | 16.6% | ↓ |
| Segment profit before amortization of goodwill, etc. (FY2026 full year, ending March 2026) | ¥23,143 million | ― | ↑ |
| Goodwill balance at period-end (FY2026, ending March 2026) | ¥43,962 million | ― | ↑ |
Business Details
In addition to developing and supplying standard components for automated machinery used in the rationalization and labor-saving of production systems such as FA (Factory Automation), automatic positioning modules used in high-precision production equipment, optical technology-related experimental research equipment, and components for the increasingly digitalized production sites of electronic devices, the segment also offers an online procurement service for custom mechanical parts through the consolidation of Fictiv Inc. It captures demand globally, centered on China and Asia.
Recent Overview
Consolidation of Fictiv Inc. and M&A expenses pressured profit, while revenue expanded substantially, up 18.2% year on year
Revenue for the full year of FY2026 (ending March 2026) reached ¥160,498 million (up 18.2% year on year), achieving substantial revenue growth. On the other hand, operating profit declined to ¥20,283 million (down 9.9% year on year). Profit was pressured by the recording of ¥2,209 million in goodwill amortization and amortization of intangible fixed assets associated with the consolidation of Fictiv Inc.'s results (from July 2025), as well as M&A-related expenses (advisory fees, etc. of ¥1,065 million). Segment profit before amortization of goodwill, etc. was ¥23,143 million. Efforts to capture telecommunications-related demand in China and unique initiatives such as meviy, the Economy Series, and D-JIT drove solid performance overseas, while sluggish capital expenditure demand in Japan continued.
Key Products
Growth Drivers
- Capturing telecommunications- and semiconductor-related demand in China (deployment of the Economy Series)
- Expanding digital ordering and delivering customer man-hour reduction value in the Japanese market through meviy
- Capturing new demand through the digital transformation of indirect production material procurement processes via D-JIT
- Business expansion into the digital precision machining domain and synergy creation with meviy through the consolidation of Fictiv Inc.
- Continued evolution of the IT, production, and logistics infrastructure supporting reliable global short-lead-time delivery
- Ongoing global expansion of automation demand in growth industries such as data centers and semiconductors
Risks
- Continued sluggish capital expenditure demand in Japan (stagnant automotive-related industry utilization)
- Risk of demand slowdown in some regions due to U.S. tariff policy
- Risk of impairment of goodwill (¥43,962 million) and technology-related assets (¥12,381 million) associated with the Fictiv Inc. acquisition
- Margin pressure from the continuation of M&A-related expenses and goodwill amortization (approximately ¥2,209 million annually)
- Margin pressure from increased SG&A expenses related to sustainable growth initiatives
- Uncertain demand outlook due to continued sluggish European market conditions and heightened geopolitical risk
- Impact of accounting treatment changes associated with the planned voluntary adoption of IFRS in Q4 of FY2028 (ending March 2028)
Last updated: June 16, 2026