Semiconductors industry map
Who earns the money in Semiconductors, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 27 companies · ¥8.5T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥8.5T
- Companies
- 27
- Avg. salary（parent only）
- ¥7.6M
- Industry weather
- Sunny
YoY +14.7%
Avg. age 43.2
Operating income +43.4%
Kioxia Holdings[285A]
- Revenue
- ¥2.34T▲37.0%
- Operating income
- ¥870.4B▲92.7%
Margin 37.2%
Avg. salary ¥13.1M · 46.2（parent only）
Sony Group[6758]
Imaging and Sensing Solutions
- Revenue
- ¥2.06T▲20.2%
- Operating income
- ¥357.3B▲36.8%
Margin 17.4%
Whole company: Revenue ¥12.5T · Net income -¥326.9B
Avg. salary ¥11.6M · 42.7（parent only）
Renesas Electronics[6723]
Industrial/Infrastructure/IoT + 1 more
- Revenue
- ¥1.31T▼2.1%
- Operating income
- ¥366B▼7.5%
Margin 27.9%
Whole company: Revenue ¥1.32T · Net income -¥51.8B
Avg. salary ¥7.5M · 48.5（parent only）
- Nisshinbo Holdings・Co-development
SoftBank Group[9984]
AI Computing, Reportable segment
- Revenue
- ¥640.3B▲8.5%
- Operating income
- —
Whole company: Revenue ¥7.8T · Net income ¥5T
Avg. salary ¥13.2M · 41.2（parent only）
Minebea Mitsumi[6479]
Semiconductor and Electronics
- Revenue
- ¥590.3B▲16.1%
- Operating income
- ¥26.7B▲36.0%
Margin 4.5%
Whole company: Revenue ¥1.66T · Net income ¥99B
Avg. salary ¥7.9M · 45.0（parent only）
Rohm[6963]
ICs + 1 more
- Revenue
- ¥423.7B▲8.4%
- Operating income
- ¥1.83BBack to profit
Margin 0.4%
Whole company: Revenue ¥481.1B · Net income -¥158.4B
Avg. salary ¥8M · 42.4（parent only）
- Mitsubishi Electric・Alliance
Mitsubishi Electric[6503]
Semiconductor and Device
- Revenue
- ¥258.9B▼0.4%
- Operating income
- ¥47.5B▲17.0%
Margin 18.4%
Whole company: Revenue ¥5.89T · Net income ¥407.8B
Avg. salary ¥9.1M · 40.5（parent only）
- Rohm・Alliance
Fuji Electric[6504]
Semiconductors
- Revenue
- ¥234.3B▲0.3%
- Operating income
- ¥23.5B▼36.6%
Margin 10.0%
Whole company: Revenue ¥1.23T · Net income ¥98B
Avg. salary ¥8.4M · 44.9（parent only）
Socionext[6526]
- Revenue
- ¥200.8B▲6.5%
- Operating income
- ¥12.4B▼50.6%
Margin 6.2%
Avg. salary ¥9.6M · 50.6（parent only）
Sanken Electric[6707]
- Revenue
- ¥80.2B▼34.1%
- Operating income
- -¥4.73B
Margin -5.9%
Avg. salary ¥7.1M · 44.0（parent only）
Hamamatsu Photonics[6965]
Opto-semiconductor
- Revenue
- ¥79.5B▲1.7%
- Operating income
- ¥12.6B▼29.7%
Margin 15.8%
Whole company: Revenue ¥212.1B · Net income ¥14.2B
Avg. salary ¥7.3M · 39.8（parent only）
Nisshinbo Holdings[3105]
Electronics Microdevice
- Revenue
- ¥62.4B▼2.8%
- Operating income
- -¥5.5B
Margin -8.8%
Whole company: Revenue ¥502.3B · Net income ¥13.9B
Avg. salary ¥7.6M · 43.2（parent only）
- Renesas Electronics・Co-development
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Tera Probe · AOI Electronics · MegaChips · Shindengen Electric Manufacturing · Torex Semiconductor · Axell · NSW · PCI Holdings · Sansha Electric Manufacturing · THine Electronics · Digital Media Professionals · Shikino High-Tech · QD Laser · Toabo · Soliton Systems
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)
- Kioxia alone brings in ¥2.34T, 27% of the listed total.
- Next come Sony's Imaging & Sensing Solutions segment at ¥2.06T and Renesas Electronics at ¥1.31T.
- Kioxia's operating margin is 37.2%. Rohm's is 0.4%, and Sanken Electric lost money at -5.9%.
- Kioxia's sales rose +37.0% this year while Sanken Electric's dropped -34.1%.
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▲1 | Kioxia Holdings | ¥2.34T | 27.5% | 37.2% | +11.2% | ¥332.9B |
| 2▼1 | Sony GroupImaging and Sensing Solutions | ¥2.06T | 24.2% | 17.3% | +20.0% | ¥1.49T |
| 3 | Renesas ElectronicsIndustrial/Infrastructure/IoT + 1 more | ¥1.31T | 15.4% | 27.9% | +7.6% | ¥319.1B |
| 4 | SoftBank GroupAI Computing, Reportable segment | ¥640.3B | 7.5% | — | — | -¥2.16T |
| 5 | Minebea MitsumiSemiconductor and Electronics | ¥590.3B | 6.9% | 4.5% | — | ¥7.29B |
| 6 | RohmICs + 1 more | ¥423.7B | 5.0% | 0.4% | +2.0% | -¥21.5B |
| 7 | Mitsubishi ElectricSemiconductor and Device | ¥258.9B | 3.0% | 18.4% | — | ¥333.6B |
| 8 | Fuji ElectricSemiconductors | ¥234.3B | 2.8% | 10.0% | +7.7% | ¥39.5B |
| 9 | Socionext | ¥200.8B | 2.4% | 6.2% | +14.5% | -¥15.2B |
| 10 | Sanken Electric | ¥80.2B | 0.9% | -5.9% | -17.8% | -¥13.8B |
| 11 | Hamamatsu PhotonicsOpto-semiconductor | ¥79.5B | 0.9% | 15.8% | +0.5% | ¥562M |
| 12 | Nisshinbo HoldingsElectronics Microdevice | ¥62.4B | 0.7% | -8.8% | -5.2% | ¥32.5B |
| 13▲1 | Tera Probe | ¥41.7B | 0.5% | 21.3% | +12.6% | -¥9.74B |
| 14▲1 | AOI Electronics | ¥38.3B | 0.5% | 0.8% | -3.0% | -¥10.6B |
| 15▼2 | MegaChips | ¥36.2B | 0.4% | -0.5% | -16.7% | ¥3.22B |
| 16 | Shindengen Electric ManufacturingPower device business | ¥33.5B | 0.4% | 7.6% | — | ¥699M |
| 17 | Torex SemiconductorJapan + 3 more | ¥25.1B | 0.3% | 4.4% | -5.1% | ¥929.7M |
| 18 | AxellLSI Business for Japanese Entertainment Machines | ¥13.8B | 0.2% | 18.6% | — | ¥137M |
| 19 | NSWDevice solution | ¥9.58B | 0.1% | 15.1% | +3.3% | ¥2.33B |
| 20▲1 | PCI HoldingsProduct/Device | ¥7.95B | 0.1% | 4.6% | -7.0% | ¥1.08B |
| 21▼1 | Sansha Electric ManufacturingSemicondoctor | ¥6.37B | 0.1% | -10.0% | -4.9% | ¥2.11B |
| 22▲1 | THine ElectronicsLSI business | ¥2.83B | 0.0% | -11.5% | -4.6% | -¥733.2M |
| 23▼1 | Digital Media Professionals | ¥2.43B | 0.0% | -12.8% | — | -¥722.7M |
| 24 | Shikino High-TechMicroelectronics business | ¥2.12B | 0.0% | 6.6% | +1.6% | -¥1.02B |
| 25▲1 | QD LaserLaser device business | ¥1.17B | 0.0% | 10.9% | +3.9% | -¥1.21B |
| 26▼1 | ToaboElectronics business | ¥1.08B | 0.0% | -1.3% | -17.3% | ¥674M |
| 27 | Soliton SystemsECO Products Development BU | ¥191M | 0.0% | -96.3% | +6.6% | ¥3.38B |
* 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
- Kioxia Holdings5737
- Tera Probe72721
- Renesas Electronics434015
- Sony Group691812
- Fuji Electric721711
- Axell682111
- NSW801010
- Hamamatsu Photonics52408
- Mitsubishi Electric68247
- Minebea Mitsumi8212
- Socionext5539
- PCI Holdings7618
- Nisshinbo Holdings7718
- Sansha Electric Manufacturing7619
- Torex Semiconductor7521
- Shindengen Electric Manufacturing8512
- Rohm7622
- AOI Electronics8415
- SoftBank Group4852
- MegaChips8516loss ¥1
- Shikino High-Tech8518loss ¥3
- Sanken Electric9115loss ¥6
- THine Electronics5157loss ¥8
- Digital Media Professionals6350loss ¥13
- QD Laser5866loss ¥24
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- 株式会社レスターOutside
- SubsidiaryPCI Holdings51.0%
- StakeDigital Media Professionals9.1%
- 本田技研工業株式会社Outside
- StakeShindengen Electric Manufacturing11.7%
- ヤマハ発動機株式会社Outside
- StakeDigital Media Professionals10.2%
- 三菱重工業株式会社Outside
- StakeSansha Electric Manufacturing10.0%
- 株式会社ソトーOutside
- StakeToabo6.2%
- 日東工業株式会社Outside
- StakeSansha Electric Manufacturing5.0%
- ㈱デンソーOutside
- StakeRohm5.0%
- 株式会社セルシスOutside
- StakeAxell4.3%
- トヨタ自動車㈱Outside
- StakeRenesas Electronics4.1%
- 双日株式会社Outside
- StakeToabo3.1%
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.
Compare the leaders side by side
All companies in Semiconductors (by revenue)
All 27 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.
- Kioxia Holdings¥2.34T · 37.2%
- Sony Group¥2.06T · 17.3%
- Renesas Electronics¥1.31T · 27.9%
- SoftBank Group¥640.3B
- Minebea Mitsumi¥590.3B · 4.5%
- Rohm¥423.7B · 0.4%
- Mitsubishi Electric¥258.9B · 18.4%
- Fuji Electric¥234.3B · 10.0%
- Socionext¥200.8B · 6.2%
- Sanken Electric¥80.2B · -5.9%
- Hamamatsu Photonics¥79.5B · 15.8%
- Nisshinbo Holdings¥62.4B · -8.8%
- Tera Probe¥41.7B · 21.3%
- AOI Electronics¥38.3B · 0.8%
- MegaChips¥36.2B · -0.5%
- Shindengen Electric Manufacturing¥33.5B · 7.6%
- Torex Semiconductor¥25.1B · 4.4%
- Axell¥13.8B · 18.6%
- NSW¥9.58B · 15.1%
- PCI Holdings¥7.95B · 4.6%
- Sansha Electric Manufacturing¥6.37B · -10.0%
- THine Electronics¥2.83B · -11.5%
- Digital Media Professionals¥2.43B · -12.8%
- Shikino High-Tech¥2.12B · 6.6%
- QD Laser¥1.17B · 10.9%
- Toabo¥1.08B · -1.3%
- Soliton Systems¥191M · -96.3%
Revenue · Op. margin
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