Other Manufacturing Companies Ranked by Operating Margin (FY2026, 10 companies)

10 companies · FY2026 results (earnings releases, consolidated)

Maeda Kosen ranks first for operating margin in the Other Manufacturing industry at 16.9%. The top three are Maeda Kosen (16.9%), Mitsui Matsushima (14.6%) and Nifco (13.8%).

Across the 10 companies the average is 10.2% and the median 9.9%. Nissha comes last at 2.1%, a gap of 14.8 percentage points to the leader.

5 of 10 companies are above the average.

Share prices, forecasts and results for Other Manufacturing Industry

Other Manufacturing Industry TOP3

1
Maeda KosenOther Manufacturing Industry16.9%
2
Mitsui MatsushimaOther Manufacturing Industry14.6%
3
NifcoOther Manufacturing Industry13.8%

Companies: 10
Average: 10.2%
Median: 9.9%
All-industry average: 11.1%-0.9pt difference
Above average: 5of 10

Operating margin ranking: Other Manufacturing Industry

10 companies

RankCompanyAverage 10.2%Operating marginRevenueShares 1Y

1
Maeda Kosen782116.9%16.9%¥71.4B+9.6%
2
Mitsui Matsushima151814.6%14.6%¥65.5B+73.2%
3
Nifco798813.8%13.8%¥367.0B+10.7%
4
Pilot784613.2%13.2%¥126.4B+38.0%
5
Mitsubishi Pencil797610.8%10.8%¥89.8B+77.5%
6
ITOKI79728.9%8.9%¥153.7B−5.1%
7
Takara Standard79817.5%7.5%¥252.8B+21.2%
8
Okamura79947.3%7.3%¥329.0B−3.2%
8
Kokuyo79847.3%7.3%¥359.9B−1.9%
10
Nissha79152.1%2.1%¥194.9B−18.7%

Shares 1Y is a closing-price reference (vs. about a year earlier).

Financials and pay compared

The same companies on other measures

Rank	Company	Operating margin	Average salary	Revenue	Operating profit
1	Maeda Kosen7821	16.9%	¥6.81M	¥71.4B	¥12.0B
2	Mitsui Matsushima1518	14.6%	-	¥65.5B	¥9.6B
3	Nifco7988	13.8%	¥7.09M	¥367.0B	¥50.8B
4	Pilot7846	13.2%	¥7.30M	¥126.4B	¥16.6B
5	Mitsubishi Pencil7976	10.8%	¥8.28M	¥89.8B	¥9.7B
6	ITOKI7972	8.9%	¥7.57M	¥153.7B	¥13.7B
7	Takara Standard7981	7.5%	¥6.29M	¥252.8B	¥19.1B
8	Okamura7994	7.3%	¥8.13M	¥329.0B	¥24.1B
8	Kokuyo7984	7.3%	¥7.86M	¥359.9B	¥26.2B
10	Nissha7915	2.1%	¥7.42M	¥194.9B	¥4.0B

Revenue and operating profit are from the latest full-year consolidated results. Average salary is for the reporting entity per its annual securities report; pure holding companies with fewer than 50 staff are excluded.