Industries›11 companies · latest full-year results
Industry involved in processing metal to manufacture products or components such as cans, containers, construction materials, screws, and tools.
The 11 metal products companies we cover had combined revenue of ¥5.3T (+0.0% year over year) and operating profit of ¥328.0B, an industry-wide operating margin of 6.2%.
LIXIL leads on revenue (¥1.5T, a 28.3% share), and the top three hold 61% of industry sales. 4 grew both revenue and operating profit; 3 saw both fall.
TOCALO has the highest operating margin (24.1%); average pay across the industry is ¥7.54M, highest at Yokogawa Bridge (¥8.60M).
Industry total
Metal Products · 11 companies
YoY compares companies with prior-year figures
StockShares are +4.4% over a year, behind the all-industry average (+14.9%) — #39 of 53 industries.Details
GuidanceCompany plans for FY2027 (11 companies combined): revenue +5.9%, operating profit +7.4%. Planned profit growth is below the all-industry plan (+13.0%).Details
Revisions1 raised and 1 cut this year's forecast. The biggest revision: TOCALO (operating profit +11.3%).Details
Latest resultsYear to date through Q1, 6 companies combined: revenue +8.4%, operating profit +11.7% year over year. 1 are ahead of an even pace toward their full-year plan, 6 behind.Details
Disclosures6 TSE filings in the last 90 days (buybacks 2, mid-term plans 2, dividends 1).Details
Earnings dates7 companies report within 30 days, starting with Rinnai on Nov 5 and TOCALO on Nov 5.Details
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q2 cumulative) |
|---|---|---|---|---|---|
| ¥28.4B | ¥37.5B | +32.0% | Unchanged | 17% |
| ¥34.2B | ¥45.0B | +31.6% | Unchanged | 91% |
| ¥45.8B | ¥59.0B | +28.9% | Unchanged | 24% |
| ¥79.1B | ¥72.0B | −9.0% | Down −11.1% | 41% |
| ¥50.5B | ¥50.5B | −0.1% | Unchanged | 18% |
| ¥28.0B | ¥23.0B | −18.0% | Unchanged | 30% |
| ¥15.6B | ¥18.8B | +20.8% | Unchanged | -1% |
| ¥13.5B | ¥12.0B | −11.1% | Unchanged | 33% |
 | ¥14.3B | ¥15.4B | +7.8% | Unchanged | 50% |
 | ¥14.1B | ¥16.7B | +18.4% | Up +11.3% | 23% |
 | ¥4.5B | ¥2.3B | −49.2% | Unchanged | 15% |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Metal Products | −4.9% | −4.5% | +4.4% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | −2.3pt | −3.5pt | −10.6pt |
Rank among industries:3M #33/531Y #39/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Totals for the 3 covered companies with full-year results for every year from FY2022 to FY2026. The set is fixed, so adding or removing coverage doesn't move the figures.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
Sanwa: Sets ¥10bn buyback cap, plans 3m-share cancellation
Sanwa: Raises DOE target to 15%, lifts FY2027 year-end dividend
Sanwa: Cuts FY2027 operating profit target to ¥82bn-¥85bn
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥1.5T | +0.4% | ¥28.4B | 1.9% | 28.3% | ¥7.30M | 46.2 | 15,128 |
| 2 | ¥922.5B | −3.0% | ¥34.2B | 3.7% | 17.3% | ¥7.55M | 42.1 | 495 |
| 3 | ¥816.9B | +1.9% | ¥45.8B | 5.6% | 15.3% | ¥7.91M | 41.8 | 5,281 |
| 4 | ¥660.7B | −0.3% | ¥79.1B | 12.0% | 12.4% | - | 45.6 | 41 |
| 5 | ¥470.4B | +2.2% | ¥50.5B | 10.7% | 8.8% | ¥7.41M | 40.8 | 3,470 |
| 6 | ¥378.8B | +1.4% | ¥28.0B | 7.4% | 7.1% | ¥7.19M | 39.4 | 1,575 |
| 7 | ¥236.3B | +3.4% | ¥15.6B | 6.6% | 4.4% | ¥7.52M | 42.7 | 2,374 |
| 8 | ¥143.9B | −9.7% | ¥13.5B | 9.4% | 2.7% | ¥8.60M | 42.9 | 67 |
| 9 | ¥76.7B | +29.6% | ¥14.3B | 18.6% | 1.4% | ¥6.40M | 40.6 | 371 |
| 10 | ¥58.5B | +7.9% | ¥14.1B | 24.1% | 1.1% | ¥7.98M | 39.6 | 980 |
| 11 | ¥56.7B | −24.2% | ¥4.5B | 8.0% | 1.1% | - | 51.8 | 25 |
| Industry total / average | ¥5.3T | +0.0% | ¥328.0B | 6.2% | 100% | ¥7.54M | 43.0 | 29,807 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
Sanwa: Cuts FY2027 operating profit target to ¥82bn-¥85bn
