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Hamai Industries Ltd (6497) · FactRevenue increased in LPG, piping and Other, while high-pressure gas-related products declined slightly

Product Composition Centered on the Valve Business

First written in FY2016-Q2. 7 of 36 entries say "Restated". Latest entry: FY2026-H1.

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ProgressHeldSoftenedWorseOtherFY2016-Q2 – FY2026-H12016: 220162017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
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Single-segment structure focused on the manufacture and sale of valves and remote-control equipmentA theme 3 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2026-H1Revenue increased in LPG, piping and Other, while high-pressure gas-related products declined slightlyAnnual report

    「The LPG container valve segment, the company's core product business, reported revenue of ¥3,514 million, up 21.4% year on year. The piping valve segment reported revenue of ¥1,154 million, up 2.2%. The high-pressure gas valve and gas-related equipment segment reported revenue of ¥1,177 million, down 0.7%. Revenue from Other was ¥1,498 million, up 50.8%.」

    The product mix remains centered on the valve business. During the interim period, revenue increased in LPG container valves, piping valves and Other, while revenue from high-pressure gas valves and gas-related equipment declined slightly.
  2. FY2025Sales declined in piping valves, while sales increased in high-pressure gas valves and Other.Annual report

    「The LPG cylinder valve segment reported revenue of ¥5,504 million, up 6.2% year on year; the piping valve segment reported revenue of ¥2,153 million, down 6.5%; the high-pressure gas valve and gas-related equipment segment reported revenue of ¥2,671 million, up 13.1%; and other revenue was ¥1,807 million, up 8.5%.」

    The product mix continues to center on the valve business. For the full year, revenue increased in LPG cylinder products, high-pressure gas-related products and other businesses, while revenue from piping valves declined.
  3. FY2025-H1Revenue increased in LPG, high-pressure gas-related products and other businesses, while revenue from piping products declined.Annual report

    「The LPG cylinder valve segment reported revenue of ¥2,894 million, up 13.2% year on year; the piping valve segment reported revenue of ¥1,128 million, down 1.4%; the high-pressure gas valve and gas-related equipment segment reported revenue of ¥1,185 million, up 11.5%; and other revenue was ¥993 million, up 17.9%.」

    The product mix continues to center on the valve business. In the first half, revenue increased in LPG cylinder products, high-pressure gas-related products and other businesses, while revenue from piping valves declined.
  4. FY2024Shift to higher full-year sales in the major segmentsAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥5,182 million, up 6.7% year on year; the piping valve segment reported sales of ¥2,304 million, up 1.6%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥2,362 million, up 10.8%; and Other reported sales of ¥1,666 million, up 28.5%.」

    While high-pressure gas-related products and Other posted lower sales in the previous fiscal year, all segments, including LPG cylinder valves, piping valves, high-pressure gas-related products, and Other, posted higher sales in the current fiscal year.
  5. FY2024-H1Higher sales of LPG cylinder valves, brass turnings and other products, while piping and high-pressure gas-related sales declinedAnnual report

    「The LPG cylinder valve segment reported sales of ¥2,557 million, up 13.6% year on year; the piping valve segment reported sales of ¥1,144 million, down 0.2%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,063 million, down 2.1%; and Other reported sales of ¥842 million, up 28.0%. As a result, total sales were ¥5,608 million, up 9.1% year on year, and operating profit was ¥382 million, up 16.9%.」

    The product mix remains centered on the valve business. In the first half, LPG cylinder valves and Other posted higher sales, while piping valves and high-pressure gas valves and gas-related equipment posted lower sales.
  6. FY2024-Q1Higher sales of LPG cylinder valves and brass turnings, while piping and high-pressure gas-related sales declinedAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥1,433 million, up 18.2% year on year; the piping valve segment reported sales of ¥526 million, down 7.1%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥535 million, down 2.6%; product sales were ¥5 million, down 8.6%; and brass turnings sales were ¥432 million, up 14.9%.」

    The product mix remains centered on the valve business. While LPG cylinder valves and brass turnings posted higher sales, piping valves, high-pressure gas valves and gas-related equipment, and products posted lower sales.
  7. FY2023RestatedAnnual report

    「The LPG cylinder valve segment reported sales of ¥4,857 million, up 10.1% year on year; the piping valve segment reported sales of ¥2,267 million, up 10.2%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥2,131 million, down 20.1%; and Other reported sales of ¥1,296 million, down 12.5%.」

    The product mix remains centered on the valve business. For the full year, LPG cylinder valves and piping valves posted higher sales, while high-pressure gas-related products and Other posted lower sales.
  8. FY2023-Q3Higher piping valve sales, while high-pressure gas products and Other declinedAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥3,249 million, up 1.0% year on year; the piping valve segment reported sales of ¥1,706 million, up 12.1%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,533 million, down 15.9%; and Other reported sales of ¥891 million, down 19.9%.」

    The product mix remains centered on the valve business. LPG cylinder valves and piping valves posted higher sales, while high-pressure gas valves and gas-related equipment and Other posted lower sales.
  9. FY2023-Q2Higher sales of LPG and piping valves, lower sales of high-pressure gas products and OtherAnnual report

    「The LPG cylinder valve segment reported sales of ¥2,250 million, up 11.7% year on year; the piping valve segment reported sales of ¥1,146 million, up 14.1%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,086 million, down 17.1%; and Other reported sales of ¥658 million, down 14.9%.」

    The product mix remains centered on the valve business. While LPG cylinder valves and piping valves posted higher sales, high-pressure gas-related products and Other posted lower sales.
  10. FY2023-Q1Lower sales in the high-pressure gas-related segment and higher sales in the LPG and piping valve segmentsAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥1,213 million, up 18.3% year on year; the piping valve segment reported sales of ¥566 million, up 7.7%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥549 million, down 18.3%; product sales were ¥6 million, down 27.1%; and brass turnings sales were ¥376 million, down 2.3%.」

    The product mix remains centered on the valve business. In the first quarter, LPG cylinder valves and piping valves posted higher sales, while high-pressure gas valves and gas-related equipment, products, and brass turnings posted lower sales.
  11. FY2022Full-year results confirmed higher sales across all segmentsAnnual report

    「The LPG cylinder valve segment reported sales of ¥4,410 million, up 22.6% year on year; the piping valve segment reported sales of ¥2,057 million, up 11.0%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥2,666 million, up 19.1%; and Other reported sales of ¥1,482 million, up 24.7%.」

    The product mix remains centered on the valve business, with all segments, including LPG cylinder valves, piping valves, high-pressure gas-related products, and Other, posting higher full-year sales. Demand for valves used in fire-suppression equipment for data centers also continued to increase in the high-pressure gas-related business.
  12. FY2022-Q3Higher sales across all segments and additional demand from data centersAnnual report

    「The LPG cylinder valve segment reported sales of ¥3,216 million, up 24.0% year on year; the piping valve segment reported sales of ¥1,522 million, up 13.2%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,823 million, up 14.7%; and Other reported sales of ¥1,112 million, up 32.8%. As a result, total sales were ¥7,674 million, while operating profit was ¥393 million, compared with an operating loss of ¥41 million in the previous year.」

    In the valve business, all segments, including LPG cylinder valves, piping valves, high-pressure gas-related products, and Other, posted higher sales year on year, and the business turned from an operating loss to an operating profit. In high-pressure gas-related products, the company also newly cited increased demand for valves used in fire-suppression equipment for data centers.
  13. FY2022-Q2Higher sales across all segments, with continued and expanding profitability in the valve businessAnnual report

    「The LPG cylinder valve segment reported sales of ¥2,015 million, up 16.1% year on year; the piping valve segment reported sales of ¥1,004 million, up 14.9%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,309 million, up 28.4%; and Other reported sales of ¥773 million, up 39.7%. As a result, total sales were ¥5,102 million, up 22.0% year on year, and operating profit was ¥291 million, compared with an operating loss of ¥28 million in the previous year.」

    All segments, including LPG cylinder valves, piping valves, high-pressure gas-related products, and Other, posted higher sales, and the valve business turned from an operating loss in the previous year to an operating profit.
  14. FY2022-Q1Higher sales across all segments and substantial profit growth in the valve businessAnnual report

    「The LPG cylinder valve segment reported sales of ¥1,025 million, up 14.4% year on year; the piping valve segment reported sales of ¥525 million, up 28.7%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥672 million, up 26.1%; product sales were ¥8 million, up 12.6%; and brass turnings sales were ¥385 million, up 39.0%.」

    All core LPG cylinder valve, piping valve, and high-pressure gas-related valve segments, as well as products and brass turnings, posted higher sales year on year. The valve business as a whole grew 23.3%, while operating profit increased 520.3%.
  15. FY2021Higher sales across all segments, with accelerating growth in OtherAnnual report

    「The LPG cylinder valve segment reported sales of ¥3,598 million, up 9.1% year on year; the piping valve segment reported sales of ¥1,853 million, up 30.1%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥2,239 million, up 2.0%; and Other reported sales of ¥1,188 million, up 51.8%.」

    For the full year, all segments, including LPG cylinder valves, piping valves, high-pressure gas-related products, and Other, posted higher sales. The increase was particularly large in Other.
  16. FY2021-Q3Higher sales of LPG and piping valves, lower high-pressure gas sales, and a substantial increase in OtherAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥2,593 million, up 10.7% year on year; the piping valve segment reported sales of ¥1,344 million, up 27.3%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,590 million, down 1.3%; and Other reported sales of ¥837 million, up 64.7%.」

    The product mix remains centered on the valve business. By segment, LPG cylinder valves, piping valves, and Other posted higher sales, while high-pressure gas valves and gas-related equipment posted lower sales.
  17. FY2021-Q2Shift to higher sales across all segmentsAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥1,735 million, up 4.3% year on year; the piping valve segment reported sales of ¥874 million, up 20.8%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,020 million, up 6.1%; and Other reported sales of ¥553 million, up 46.0%.」

    The product mix remains centered on the valve business. All segments, including LPG cylinder valves, piping valves, high-pressure gas valves and gas-related equipment, and Other, posted higher sales year on year.
  18. FY2021-Q1Continued lower LPG sales and higher sales of piping and high-pressure gas productsAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥896 million, down 0.9% year on year; the piping valve segment reported sales of ¥408 million, up 17.8%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥533 million, up 19.5%; and Other reported sales of ¥284 million, up 31.1%.」

    The product mix remains centered on the valve business. While LPG cylinder valves posted lower sales, piping valves, high-pressure gas valves and gas-related equipment, and Other posted higher sales.
  19. FY2020Accelerating growth in the high-pressure gas segment and lower sales in the piping valve segmentAnnual report

    「The LPG cylinder valve segment reported sales of ¥3,297 million, down 0.2% year on year; the piping valve segment reported sales of ¥1,425 million, down 16.5%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥2,194 million, up 25.8%; and Other reported sales of ¥783 million, down 3.6%.」

    The product mix remains centered on the valve business, although the decline in piping valve sales widened, while high-pressure gas valves and gas-related equipment posted a 25.8% increase in sales.
  20. FY2020-Q3Lower sales of LPG, piping valves and other products, higher sales in the high-pressure gas segmentAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥2,343 million, down 0.6% year on year; the piping valve segment reported sales of ¥1,055 million, down 17.0%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,610 million, up 29.4%; and Other reported sales of ¥508 million, down 9.8%.」

    The product mix remains centered on the valve business. While LPG cylinder valves, piping valves, and Other posted lower sales, high-pressure gas valves and gas-related equipment posted a 29.4% increase in sales.
  21. FY2020-Q2Higher sales in the LPG and high-pressure gas segments, lower sales in the piping valve and Other segmentsAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥1,663 million, up 5.6% year on year; the piping valve segment reported sales of ¥723 million, down 18.1%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥961 million, up 12.2%; and Other reported sales of ¥378 million, down 12.8%.」

    The product mix remains centered on the valve business. By segment, LPG cylinder valves and high-pressure gas valves and gas-related equipment posted higher sales, while piping valves and Other posted lower sales.
  22. FY2020-Q1Higher sales in the LPG and high-pressure gas segments, lower sales in the piping valve and Other segmentsAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥905 million, up 11.0% year on year; the piping valve segment reported sales of ¥346 million, down 21.8%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥445 million, up 3.6%; and Other reported sales of ¥217 million, down 16.5%.」

    The product mix remains centered on the valve business. By segment, LPG cylinder valves and high-pressure gas-related products posted higher sales, while piping valves and Other posted lower sales.
  23. FY2019Full-year results confirmed higher LPG sales and lower sales of piping valves and high-pressure gas valves, among othersAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥3,302 million, up 4.9% year on year; the piping valve segment reported sales of ¥1,707 million, down 8.4%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,745 million, down 11.5%; and Other reported sales of ¥812 million, down 9.0%.」

    The product mix remained centered on the valve business. For the full year, LPG cylinder valves posted higher sales, while piping valves, high-pressure gas valves and gas-related equipment, and Other posted lower sales.
  24. FY2019-Q3Higher LPG sales, lower sales of piping valves and high-pressure gas valves, among othersAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥2,356 million, up 7.1% year on year; the piping valve segment reported sales of ¥1,272 million, down 4.6%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,244 million, down 13.2%; and Other reported sales of ¥563 million, down 12.4%.」

    The product mix remains centered on the valve business. LPG cylinder valves posted higher sales, while piping valves, high-pressure gas valves and gas-related equipment, and Other posted lower sales.
  25. FY2019-Q2Higher sales of LPG and piping valves, lower sales of high-pressure gas valves and OtherAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥1,575 million, up 4.3% year on year; the piping valve segment reported sales of ¥884 million, up 2.7%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥857 million, down 12.7%; and Other reported sales of ¥434 million, down 12.3%.」

    The product mix remains centered on the valve business. LPG cylinder valves and piping valves posted higher sales, while high-pressure gas valves and gas-related equipment and Other posted lower sales.
  26. FY2019-Q1Lower high-pressure gas sales and higher piping valve sales due to weaker semiconductor demandAnnual report

    「The LPG cylinder valve segment reported sales of ¥815 million, unchanged year on year; the piping valve segment reported sales of ¥443 million, up 14.5%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥430 million, down 12.0%; and Other reported sales of ¥260 million, down 7.9%.」

    The product mix remains centered on the valve business. While piping valves posted higher sales, high-pressure gas valves and gas-related equipment posted lower sales, mainly due to weaker demand from the semiconductor industry.
  27. FY2018RestatedAnnual report

    「Sales in the LPG cylinder valve segment, our core product line, were ¥3,148 million, down 4.4% from the previous fiscal year; sales in the piping valve segment were ¥1,863 million, up 11.3%; and sales in the high-pressure gas valves and gas-related equipment segment were ¥1,971 million, up 3.8%.」

    While the product mix remains centered on the valve business, LPG cylinder valves posted lower sales, whereas piping valves and high-pressure gas-related products posted higher sales.
  28. FY2018-Q3Continued lower LPG sales, with accelerating growth in piping and other businessesAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥2,201 million, down 5.0% year on year; the piping valve segment reported sales of ¥1,333 million, up 6.8%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,433 million, up 8.3%; and Other reported sales of ¥643 million, up 2.5%.」

    The product mix remains unchanged, centered on the valve business. While LPG cylinder valves continued to post lower sales, piping valves and high-pressure gas valves and gas-related equipment continued to post higher sales.
  29. FY2018-Q2Lower LPG sales volumes, while piping and other businesses remained strongAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥1,510 million, down 10.5% year on year; the piping valve segment reported sales of ¥860 million, up 0.7%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥981 million, up 17.0%; and Other reported sales of ¥495 million, up 2.6%.」

    The product mix remains centered on the valve business. LPG cylinder valves posted lower sales, piping valves edged higher, and high-pressure gas valves and gas-related equipment posted higher sales.
  30. FY2018-Q1Lower sales of LPG and piping valves, higher sales of high-pressure gas valvesAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥814 million, down 16.4% year on year; the piping valve segment reported sales of ¥387 million, down 4.7%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥488 million, up 20.8%; and Other reported sales of ¥282 million, up 5.6%. Total sales were ¥1,973 million, down 3.9% year on year, while operating profit was ¥111 million, down 28.8%.」

    The product mix itself remains centered on the valve business. While LPG cylinder valves and piping valves posted lower sales, high-pressure gas valves and gas-related equipment posted higher sales.
  31. FY2017RestatedAnnual report

    「The LPG cylinder valve segment, our Group's core business, increased sales volumes mainly in the automotive sector. Sales in the piping valve segment and the high-pressure gas valves and gas-related equipment segment also remained strong, supported by continued solid conditions in semiconductor-related industries.」

    The product mix continues to be centered on the valve business, particularly LPG cylinder valves, piping valves, and high-pressure gas valves and gas-related equipment.
  32. FY2017-Q3RestatedAnnual report

    「The LPG cylinder valve segment, our core business, reported sales of ¥2,316 million, up 2.6% year on year; the piping valve segment reported sales of ¥1,249 million, up 9.7%; the high-pressure gas valves and gas-related equipment segment reported sales of ¥1,323 million, up 8.0%; and Other reported sales of ¥627 million, up 32.6%.」

    The product mix centred on valves for LPG containers, piping and high-pressure gas, together with gas-related equipment, continues to be reported.
  33. FY2017-Q2RestatedAnnual report

    「Sales in the LPG container valve segment, our main product, were ¥1.686 billion, up 6.8% year on year; sales in the piping valve segment were ¥854 million, up 12.8%; sales in the high-pressure gas valve and gas-related equipment segment were ¥838 million, down 3.1%; and sales in Other were ¥483 million, up 38.5%.」

    The product mix centred on valves for LPG containers, piping and high-pressure gas, together with gas-related equipment, continues to be reported.
  34. FY2016RestatedAnnual report

    「Sales in the LPG container valve segment, our main product, were ¥3.143 billion, up 0.9% from the previous fiscal year; sales in the piping valve segment were ¥1.579 billion, up 4.1%; and sales in the high-pressure gas valve and gas-related equipment segment were ¥1.684 billion, down 4.3%.」

    The full-year product mix is also shown as centred on valves for LPG containers, piping and high-pressure gas, together with gas-related equipment.
  35. FY2016-Q3RestatedAnnual report

    「[Valve Business] Sales in the LPG container valve segment, our main product, were ¥2.258 billion, up 0.7% from the same quarter of the previous year; sales in the piping valve segment were ¥1.138 billion, up 2.4%; sales in the high-pressure gas valve and gas-related equipment segment were ¥1.224 billion, down 2.4%; and sales in Other were ¥473 million, down 14.8%.」

    The product mix centred on valves for LPG containers, piping and high-pressure gas, together with gas-related equipment, continues to be reported.
  36. FY2016-Q2First statedAnnual report

    「Sales in the LPG container valve segment, our main product, were ¥1.580 billion, down 0.7% from the same quarter of the previous year; sales in the piping valve segment were ¥757 million, up 0.6%; and sales in the high-pressure gas valve and gas-related equipment segment were ¥865 million, up 8.8%.」

    Valves for LPG containers, piping and high-pressure gas, together with gas-related equipment, are described as the core product categories.
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Product Composition Centered on the Valve Business | HAMAI INDUSTRIES LTD (6497) | Komori