Industry map/Automotive & Machinery
Robots & Factory Automation industry map
Who earns the money in Robots & Factory Automation, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 89 companies · ¥9.23T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥9.23T
- Companies
- 89
- Avg. salary（parent only）
- ¥7.1M
- Industry weather
- Sunny
YoY +6.4%
Avg. age 43.0
Operating income +15.6%
Mitsubishi Electric[6503]
Industry and Mobility
- Revenue
- ¥1.65T▲1.8%
- Operating income
- ¥131.1B▲58.7%
Margin 7.9%
Whole company: Revenue ¥5.89T · Net income ¥407.8B
Avg. salary ¥9.1M · 40.5（parent only）
Keyence[6861]
- Revenue
- ¥1.17T▲10.4%
- Operating income
- ¥595.8B▲8.4%
Margin 51.0%
Avg. salary ¥21.8M · 35.0（parent only）
SMC[6273]
- Revenue
- ¥842.5B▲6.4%
- Operating income
- ¥190.6B▲0.2%
Margin 22.6%
Avg. salary ¥7.8M · 41.1（parent only）
Omron[6645]
- Revenue
- ¥767.4B▲7.3%
- Operating income
- —
Avg. salary ¥8.9M · 44.5（parent only）
Yokogawa Electric[6841]
Industrial automation and control + 1 more
- Revenue
- ¥599.5B▲7.4%
- Operating income
- ¥82.9B▼1.0%
Margin 13.8%
Whole company: Revenue ¥604.8B · Net income ¥58.1B
Avg. salary ¥9.5M · 44.0（parent only）
YASKAWA Electric[6506]
Robotics + 1 more
- Revenue
- ¥483.1B▲1.4%
- Operating income
- ¥44.8B▼4.2%
Margin 9.3%
Whole company: Revenue ¥542.1B · Net income ¥35.2B
Avg. salary ¥8.6M · 42.7（parent only）
Fuji Electric[6504]
Industry
- Revenue
- ¥464.4B▲17.1%
- Operating income
- ¥44.4B▲30.6%
Margin 9.6%
Whole company: Revenue ¥1.23T · Net income ¥98B
Avg. salary ¥8.4M · 44.9（parent only）
Shimadzu[7701]
Measurement equipment
- Revenue
- ¥364.9B▲4.9%
- Operating income
- ¥52.6B▲1.0%
Margin 14.4%
Whole company: Revenue ¥560.7B · Net income ¥60.5B
Avg. salary ¥9.2M · 43.9（parent only）
Kawasaki Heavy Industries[7012]
Precision Machinery and Robot
- Revenue
- ¥259.1B▲7.3%
- Operating income
- —
Whole company: Revenue ¥2.31T · Net income ¥108.2B
Avg. salary ¥9.1M · 41.7（parent only）
Seiko Epson[6724]
Manufacturing-related and Wearables
- Revenue
- ¥196.9B▲14.3%
- Operating income
- ¥10.8BBack to profit
Margin 5.5%
Whole company: Revenue ¥1.41T · Net income ¥18.2B
Avg. salary ¥8.1M · 42.9（parent only）
Horiba[6856]
Energy and Environment + 1 more
- Revenue
- ¥176.6B▲5.4%
- Operating income
- ¥8.52B▲152.8%
Margin 4.8%
Whole company: Revenue ¥333.1B · Net income ¥37.1B
Avg. salary ¥8.2M · 42.8（parent only）
Fuji[6134]
Robotic Solutions + 1 more
- Revenue
- ¥170.9B▲47.0%
- Operating income
- ¥33.7B▲107.6%
Margin 19.7%
Whole company: Revenue ¥180.6B · Net income ¥15.7B
Avg. salary ¥8.3M · 44.2（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Azbil · CKD · Konica Minolta · Jeol · Yamaha Motor · Rigaku Holdings · Nabtesco · Nachi-Fujikoshi · Idec · Espec · Optex Group · A&D HOLON Holdings · Sanyo Denki · Nagano Keiki · Harmonic Drive Systems · Aichi Tokei Denki · Riken Keiki · Anritsu · Tokyo Seimitsu · Nadex · Daihen · Hamamatsu Photonics · Chino · Yushin Company · Kurabo Industries · santec Holdings · Gltechno Holdings · IMV · Toyo · Dkk-Toa · Kyoritsu Electric · Kyowa Electronic Instruments · Furuno Electric · Rion · Oval · Kokusai · Kikusui Holdings · ONO Sokki · Techno Horizon · Nitto Seiko …+37
The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).
Industry takeaways
AI summary (figures come from filings)
- The largest player is Mitsubishi Electric's Industry and Mobility segment, at ¥1.65T.
- Rank by margin and the picture flips. KEYENCE, second on sales with ¥1.17T, posts a 51.0% operating margin; Mitsubishi Electric manages 7.9%.
- FUJI CORPORATION grew +47.0%.
- Azbil (-6.0%) and JEOL (-6.8%) shrank.
Who earns the money
Area = revenue from businesses in this industry. Color = operating margin.
Who makes a profit
Across = revenue (log scale), up = operating margin, bubble size = operating income.
Ranking and momentum
| Rank | Company (business) | Revenue | Share | Op. margin | CAGR | FCF* |
|---|---|---|---|---|---|---|
| 1 | Mitsubishi ElectricIndustry and Mobility | ¥1.65T | 17.9% | 7.9% | +3.1% | ¥333.6B |
| 2 | Keyence | ¥1.17T | 12.7% | 50.9% | +11.6% | ¥402.3B |
| 3 | SMC | ¥842.5B | 9.1% | 22.6% | +3.7% | ¥34.5B |
| 4 | Omron | ¥767.4B | 8.3% | — | +0.1% | — |
| 5 | Yokogawa ElectricIndustrial automation and control + 1 more | ¥599.5B | 6.5% | 13.8% | +11.8% | ¥58.3B |
| 6 | YASKAWA ElectricRobotics + 1 more | ¥483.1B | 5.2% | 9.3% | +4.5% | ¥5.93B |
| 7 | Fuji ElectricIndustry | ¥464.4B | 5.0% | 9.6% | — | ¥39.5B |
| 8 | ShimadzuMeasurement equipment | ¥364.9B | 4.0% | 14.4% | +7.1% | ¥39.7B |
| 9 | Kawasaki Heavy IndustriesPrecision Machinery and Robot | ¥259.1B | 2.8% | — | +0.6% | ¥22.3B |
| 10 | Seiko EpsonManufacturing-related and Wearables | ¥196.9B | 2.1% | 5.5% | +1.9% | ¥51.5B |
| 11 | HoribaEnergy and Environment + 1 more | ¥176.6B | 1.9% | 4.8% | — | ¥28.2B |
| 12▲4 | FujiRobotic Solutions + 1 more | ¥170.9B | 1.9% | 19.7% | +5.1% | -¥2.43B |
| 13▼1 | AzbilAdvanced Automation Business + 1 more | ¥142.9B | 1.5% | 12.9% | +1.0% | ¥30.2B |
| 14▼1 | CKDMachine | ¥138.5B | 1.5% | 14.3% | +2.5% | ¥11.9B |
| 15 | Konica MinoltaIndustrial Business | ¥126.8B | 1.4% | 17.6% | -2.3% | ¥25.2B |
| 16▼2 | JeolScientific and Measurement Instruments | ¥116.3B | 1.3% | 11.2% | +8.1% | ¥905M |
| 17 | Yamaha MotorRobotics | ¥111.5B | 1.2% | -0.5% | — | ¥25.3B |
| 18 | Rigaku Holdings | ¥94.2B | 1.0% | 17.7% | +14.5% | ¥2.73B |
| 19▲1 | NabtescoComponent Solutions | ¥79.3B | 0.9% | 6.8% | -13.0% | ¥16.8B |
| 20▼1 | Nachi-FujikoshiMachining | ¥73.4B | 0.8% | 5.8% | +0.7% | ¥8.87B |
| 21 | IdecJapan + 3 more | ¥73B | 0.8% | 7.4% | +0.8% | ¥2.06B |
| 22 | EspecEnvironmental Test Business Equipment Business + 1 more | ¥67.3B | 0.7% | 10.2% | +13.4% | ¥3.65B |
| 23▲1 | Optex GroupIndustrial Automation Business + 1 more | ¥64.8B | 0.7% | 13.5% | +9.8% | ¥5.68B |
| 24▲1 | A&D HOLON HoldingsMeasurement/Weighing Instruments Businesses + 4 more | ¥63.1B | 0.7% | 10.7% | +5.9% | ¥2.85B |
| 25▲3 | Sanyo DenkiMotion Company + 1 more | ¥60.8B | 0.7% | 3.9% | — | ¥7.97B |
| 26▼3 | Nagano KeikiPressure gauge + 2 more | ¥60.4B | 0.7% | 10.9% | +5.3% | ¥6.16B |
| 27▼1 | Harmonic Drive SystemsJapan + 3 more | ¥59.6B | 0.6% | 8.8% | +1.1% | ¥481.6M |
| 28▼1 | Aichi Tokei Denki | ¥59.1B | 0.6% | 8.0% | +6.2% | ¥816M |
| 29 | Riken Keiki | ¥55.2B | 0.6% | 22.5% | +10.3% | ¥8.31B |
| 30▲1 | AnritsuProducts Quality Assurance + 1 more | ¥41.8B | 0.5% | 10.0% | — | ¥12.6B |
| 31▼1 | Tokyo SeimitsuMeasurement equipment | ¥39B | 0.4% | 13.7% | +7.1% | ¥13.4B |
| 32 | NadexJapan + 3 more | ¥36.9B | 0.4% | 2.1% | +4.7% | ¥1.44B |
| 33▲1 | DaihenFactory Automation | ¥32.9B | 0.4% | 6.0% | — | -¥8.22B |
| 34▼1 | Hamamatsu PhotonicsImaging and measurement instruments | ¥32.7B | 0.4% | 29.6% | +11.0% | ¥562M |
| 35 | ChinoInstrumentation Systems + 2 more | ¥30.5B | 0.3% | 17.2% | +9.7% | ¥1.29B |
| 36 | Yushin CompanyJapan + 3 more | ¥23.1B | 0.3% | 4.2% | +2.6% | ¥1.01B |
| 37 | Kurabo IndustriesAdvance Technology Division | ¥22.7B | 0.2% | 17.0% | -0.9% | ¥8.51B |
| 38▲2 | santec HoldingsTunable lasers and instruments | ¥22.4B | 0.2% | 36.9% | +40.9% | ¥6.53B |
| 39 | Gltechno HoldingsAnalytical equipment | ¥21.5B | 0.2% | 10.9% | +7.9% | -¥312.5M |
| 40▲4 | IMV | ¥17.9B | 0.2% | 12.9% | +11.6% | ¥2.35B |
| 41▼3 | ToyoAdvanced Mobility + 2 more | ¥17.9B | 0.2% | 10.2% | — | ¥1.32B |
| 42▼1 | Dkk-ToaMeasurement system business | ¥17.6B | 0.2% | 8.1% | +2.1% | ¥1.62B |
| 43▲7 | Kyoritsu ElectricIntelligent FA systems | ¥16.5B | 0.2% | 14.6% | +13.5% | ¥1.37B |
| 44▼2 | Kyowa Electronic InstrumentsMeasurement hardware + 1 more | ¥16.3B | 0.2% | — | +2.9% | -¥99M |
| 45▲2 | Furuno ElectricIndustrial business | ¥15.8B | 0.2% | 4.9% | +11.1% | ¥16.5B |
| 46▼3 | RionParticle Counters + 1 more | ¥15.7B | 0.2% | 19.9% | +9.6% | ¥3.42B |
| 47▼2 | Oval | ¥15.6B | 0.2% | 10.9% | +8.8% | ¥932.3M |
| 48▲3 | KokusaiInternational measurement Co, + 4 more | ¥14.7B | 0.2% | 15.3% | +7.5% | ¥1.71B |
| 49▼1 | Kikusui Holdings | ¥14.7B | 0.2% | 14.5% | +9.9% | ¥1.64B |
| 50▲2 | ONO SokkiCustom-made test equipment and service + 1 more | ¥13.6B | 0.1% | 4.4% | +8.5% | ¥16M |
Showing the top 50. See all 89 in the list below
* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.
How they make money differently
Where each company's ¥100 of sales goes, and how much it keeps (company-wide).
- Cost of sales
- SG&A
- Other
- Operating profit
- Keyence173251
- SMC552322
- Rigaku Holdings443818
- Horiba562816
- Fuji632116
- Azbil533116
- Yokogawa Electric543214
- Jeol543214
- Shimadzu553213
- CKD701713
- A&D HOLON Holdings553213
- Optex Group484012
- Fuji Electric721711
- Espec652510
- Sanyo Denki721810
- Nagano Keiki682210
- YASKAWA Electric64279
- Idec56368
- Mitsubishi Electric68247
- Nabtesco70237
- Kawasaki Heavy Industries8014
- Konica Minolta5639
- Yamaha Motor6927
- Seiko Epson6529
- Nachi-Fujikoshi7818
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- 本田技研工業㈱Outside
- AffiliateTanaka Seimitsu Kogyo24.3%
- 日本製鉄株式会社Outside
- AffiliateNippon Denko24.3%
- 西華産業株式会社Outside
- AffiliateFenwal Controls of Japan23.3%
- ニチアス㈱Outside
- StakeAska13.6%
- 株式会社ニコンOutside
- StakeAvaldata11.1%
- 極東貿易株式会社Outside
- StakeNireco6.6%
- Tokyo KeikiIn industry
- StakeOval6.4%
- 株式会社クラフティアOutside
- StakeSeiko Electric6.3%
- 関西電力株式会社Outside
- StakeDaihen6.2%
- ㈱メディパルホールディングスOutside
- StakeShinyei Kaisha5.3%
- EspecIn industry
- StakeIMV4.8%
- 東邦瓦斯株式会社Outside
- StakeAichi Tokei Denki4.5%
- ShimadzuIn industry
- StakeGltechno Holdings4.5%
- 東海旅客鉄道株式会社Outside
- StakeNabtesco4.4%
- AzbilIn industry
- StakeNihon Dengi4.1%
- AvaldataIn industry
- StakeeSOLcross-held4.1%
- 株式会社八十二長野銀行Outside
- StakeNagano Keiki3.8%
- 日本酸素ホールディングス株式会社Outside
- StakeNagano Keiki3.7%
- ChinoIn industry
- StakeKyowa Electronic Instrumentscross-held3.7%
- ファナック株式会社Outside
- StakeKuroda Precision Industries3.5%
- StakeNabtesco3.2%
- セイコーグループ株式会社Outside
- StakeSeiko Epson3.4%
- 株式会社ニッカトーOutside
- StakeKyowa Electronic Instruments3.3%
- みずほリース株式会社Outside
- StakeAichi Tokei Denki3.2%
- 株式会社日立製作所Outside
- StakeSeiko Electric3.2%
The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted. Showing up to 24 shareholder cards.
Compare the leaders side by side
All companies in Robots & Factory Automation (by revenue)
All 89 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.
- Mitsubishi Electric¥1.65T · 7.9%
- Keyence¥1.17T · 50.9%
- SMC¥842.5B · 22.6%
- Omron¥767.4B
- Yokogawa Electric¥599.5B · 13.8%
- YASKAWA Electric¥483.1B · 9.3%
- Fuji Electric¥464.4B · 9.6%
- Shimadzu¥364.9B · 14.4%
- Kawasaki Heavy Industries¥259.1B
- Seiko Epson¥196.9B · 5.5%
- Horiba¥176.6B · 4.8%
- Fuji¥170.9B · 19.7%
- Azbil¥142.9B · 12.9%
- CKD¥138.5B · 14.3%
- Konica Minolta¥126.8B · 17.6%
- Jeol¥116.3B · 11.2%
- Yamaha Motor¥111.5B · -0.5%
- Rigaku Holdings¥94.2B · 17.7%
- Nabtesco¥79.3B · 6.8%
- Nachi-Fujikoshi¥73.4B · 5.8%
- Idec¥73B · 7.4%
- Espec¥67.3B · 10.2%
- Optex Group¥64.8B · 13.5%
- A&D HOLON Holdings¥63.1B · 10.7%
- Sanyo Denki¥60.8B · 3.9%
- Nagano Keiki¥60.4B · 10.9%
- Harmonic Drive Systems¥59.6B · 8.8%
- Aichi Tokei Denki¥59.1B · 8.0%
- Riken Keiki¥55.2B · 22.5%
- Anritsu¥41.8B · 10.0%
- Tokyo Seimitsu¥39B · 13.7%
- Nadex¥36.8B · 3.0%
- Daihen¥32.9B · 6.0%
- Hamamatsu Photonics¥32.7B · 29.6%
- Chino¥30.5B · 17.2%
- Yushin Company¥23.1B · 4.2%
- Kurabo Industries¥22.7B · 17.0%
- santec Holdings¥22.4B · 36.9%
- Gltechno Holdings¥21.5B · 10.9%
- IMV¥17.9B · 12.9%
- Toyo¥17.9B · 10.2%
- Dkk-Toa¥17.6B · 8.1%
- Kyoritsu Electric¥17.1B · 11.7%
- Kyowa Electronic Instruments¥16.3B
- Furuno Electric¥15.8B · 4.9%
- Rion¥15.7B · 19.9%
- Oval¥15.6B · 10.9%
- Kokusai¥14.7B · 15.3%
- Kikusui Holdings¥14.7B · 14.5%
- ONO Sokki¥13.6B · 4.4%
- Techno Horizon¥13.6B · 3.4%
- Nitto Seiko¥13B · 9.7%
- Y.A.C. Holdings¥10.5B · 6.9%
- NF Holdings¥9.14B · 10.3%
- Aska¥8.54B · 8.2%
- Nireco¥7.66B · 17.8%
- Shibaura Machine¥6.5B · -7.5%
- Janome¥6.16B · -8.8%
- Mars Group Holdings¥6.02B · 12.1%
- Ai Holdings¥5.44B · 14.4%
- Tokyo Keiki¥5.41B · 16.1%
- Nippon Avionics¥5.33B · 7.8%
- NIC Autotec¥5.02B · -1.5%
- Nihon Dengi¥4.67B · 18.6%
- Teac¥4.01B · -0.1%
- Kuroda Precision Industries¥3.9B · 4.5%
- Shinyei Kaisha¥3.89B · 7.9%
- Tokyo Koki¥3.68B · 17.7%
- Avaldata¥3.12B · 23.4%
- Sukegawa Electric¥2.67B · 26.4%
- Seiko Electric¥2.43B · 16.0%
- Fenwal Controls of Japan¥2.11B · 16.8%
- Nippon Denko¥2.07B · 15.3%
- SiriusVision¥2.06B · -6.8%
- Convum¥1.98B · 14.9%
- Pulstec Industrial¥1.93B · 35.1%
- Inter Action¥1.86B · 5.5%
- Kubotek¥1.53B · -6.1%
- Tanaka Seimitsu Kogyo¥1.43B · 25.8%
- JRC¥1.42B · 5.5%
- Rorze¥1.2B · 1.1%
- Kuramoto¥1.02B · -2.4%
- The Sailor Pen¥964.6M · -26.6%
- CDS¥942.3M · 4.9%
- eSOL¥603.9M · 1.1%
- Shirai Electronics Indutrial¥466M · 1.1%
- Taiyo Technolex¥451M · -7.5%
- JMC¥374.9M · 66.1%
- Techno Alpha¥166.3M · -9.9%
Revenue · Op. margin
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