Industries›10 companies · latest full-year results
An industry segment comprising companies that manufacture a wide variety of consumer and industrial goods not classified into specific sectors.
The 10 other manufacturing companies we cover had combined revenue of ¥2.0T (+4.5% year over year) and operating profit of ¥185.9B, an industry-wide operating margin of 9.2%.
Nifco leads on revenue (¥367.0B, a 18.3% share), and the top three hold 53% of industry sales. 7 grew both revenue and operating profit; 1 saw both fall.
Maeda Kosen has the highest operating margin (16.9%); average pay across the industry is ¥7.42M, highest at Mitsubishi Pencil (¥8.28M).
Industry total
Other Manufacturing · 10 companies
YoY compares companies with prior-year figures
StockShares are +16.4% over a year, ahead of the all-industry average (+14.9%) — #19 of 53 industries. Over the last month: +0.4%, +3.0pt against the market.Details
GuidanceCompany plans for FY2026 (9 companies combined): revenue +4.4%, operating profit +1.5%. Planned profit growth is below the all-industry plan (+13.0%).Details
Revisions3 raised and 2 cut this year's forecast. The biggest revision: Mitsubishi Pencil (operating profit +9.5%).Details
Latest resultsYear to date through Q2, 4 companies combined: revenue +6.7%, operating profit +7.4% year over year. 3 are ahead of an even pace toward their full-year plan, 2 behind.Details
Disclosures3 TSE filings in the last 90 days (buybacks 2, dividends 1).Details
Earnings dates6 companies report within 30 days, starting with ITOKI on Nov 4 and Okamura on Nov 6.Details
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q2 cumulative) |
|---|---|---|---|---|---|
| ¥50.8B | ¥50.8B | +0.0% | Unchanged | 53% |
| ¥26.2B | ¥27.0B | +2.9% | Unchanged | 87% |
| ¥24.1B | ¥26.0B | +7.7% | Unchanged | 13% |
| ¥19.1B | ¥19.1B | +0.1% | Down −8.2% | 42% |
| ¥4.0B | ¥-3.3B | −182% | Down −150.0% | - |
| ¥13.7B | ¥16.0B | +16.9% | Unchanged | 73% |
| ¥16.6B | ¥19.5B | +17.1% | Up +8.3% | 71% |
| ¥9.7B | ¥11.5B | +18.7% | Up +9.5% | 79% |
 | ¥9.6B | ¥10.0B | +4.5% | Up +3.1% | 28% |
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 |
|---|---|---|---|
| Other Manufacturing | +0.4% | −1.0% | +16.4% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | +3.0pt | −0.1pt | +1.5pt |
Rank among industries:3M #26/531Y #19/53
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.
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥367.0B | +4.1% | ¥50.8B | 13.8% | 18.3% | ¥7.09M | 41.7 | 1,383 |
| 2 | ¥359.9B | +6.2% | ¥26.2B | 7.3% | 17.9% | ¥7.86M | 41.5 | 2,346 |
| 3 | ¥329.0B | +4.6% | ¥24.1B | 7.3% | 16.4% | ¥8.13M | 42.2 | 4,158 |
| 4 | ¥252.8B | +3.9% | ¥19.1B | 7.5% | 12.6% | ¥6.29M | 41.0 | 6,445 |
| 5 | ¥194.9B | −0.4% | ¥4.0B | 2.1% | 9.7% | ¥7.42M | 42.6 | 724 |
| 6 | ¥153.7B | +11.0% | ¥13.7B | 8.9% | 7.6% | ¥7.57M | 42.5 | 2,491 |
| 7 | ¥126.4B | +0.2% | ¥16.6B | 13.2% | 6.3% | ¥7.30M | 43.5 | 1,094 |
| 8 | ¥89.8B | +1.1% | ¥9.7B | 10.8% | 4.5% | ¥8.28M | 40.9 | 570 |
| 9 | ¥71.4B | +11.4% | ¥12.0B | 16.9% | 3.6% | ¥6.81M | 39.6 | 433 |
| 10 | ¥65.5B | +8.1% | ¥9.6B | 14.6% | 3.3% | - | 44.7 | 42 |
| Industry total / average | ¥2.0T | +4.5% | ¥185.9B | 9.2% | 100% | ¥7.42M | 42.0 | 19,686 |
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.
Pilot Q2 FY2026: Sales Up 11%, Net Income Soars 35%, Lifts Outlook
