Industry map/Electronics

Smartphones & Communications Equipment industry map

Who earns the money in Smartphones & Communications Equipment, and who keeps it. When a company spans several industries, only the relevant segment is counted.

FY2025 · 25 companies · ¥3.99T

Industry map

Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.

Industry size (revenue)
¥3.99T

YoY +2.7%

Companies
25
Avg. salary(parent only)
¥7.4M

Avg. age 43.2

Industry weather
Sunny

Operating income +53.4%

Kyocera[6971]

Solutions Business

#1
Revenue
¥1.04T▼1.3%
Operating income
¥103.9B▲41.0%

Margin 10.0%

Whole company: Revenue ¥2.07T · Net income ¥141B

Avg. salary ¥7.4M · 40.1(parent only)

NEC[6701]

Social Infrastructure

#2▲
Revenue
¥935.3B▲12.4%
Operating income
¥74.3B▲22.9%

Margin 7.9%

Whole company: Revenue ¥3.58T · Net income ¥270.2B

Avg. salary ¥9.9M · 43.1(parent only)

Fujitsu[6702]

Hardware Solutions

#3▼
Revenue
¥933.3B▼11.0%
Operating income
—

Whole company: Revenue ¥3.5T · Net income ¥449.4B

Avg. salary ¥10.1M · 42.7(parent only)

Sumitomo Electric Industries[5802]

Infocommunications

#4▲
Revenue
¥315B▲44.2%
Operating income
¥77.4B▲288.6%

Margin 24.6%

Whole company: Revenue ¥5.11T · Net income ¥369.5B

Avg. salary ¥9M · 43.2(parent only)

Nisshinbo Holdings[3105]

Electronics Wireless and Communications

#5▼
Revenue
¥251.8B▲7.4%
Operating income
¥17.7B▲133.2%

Margin 7.0%

Whole company: Revenue ¥502.3B · Net income ¥13.9B

Avg. salary ¥7.6M · 43.2(parent only)

Jvckenwood[6632]

Safety and Security Sector

#6
Revenue
¥94.7B▼5.3%
Operating income
¥12.7B▼31.4%

Margin 13.4%

Whole company: Revenue ¥356.9B · Net income ¥16.8B

Avg. salary ¥8.6M · 50.8(parent only)

Icom[6820]

Japan + 3 more

#11
Revenue
¥37B▼1.4%
Operating income
¥2.78B▼19.2%

Margin 7.5%

Whole company: Revenue ¥37B · Net income ¥2.67B

Avg. salary ¥6.7M · 40.0(parent only)

  • Jvckenwood owns 3.1%

Aiphone[6718]

Japan + 4 more

#7
Revenue
¥79.1B▼0.4%
Operating income
¥2.56B▼25.8%

Margin 3.2%

Whole company: Revenue ¥63B · Net income ¥2.47B

Avg. salary ¥7.1M · 40.9(parent only)

Anritsu[6754]

Test and Measurement

#8
Revenue
¥68.8B▼1.9%
Operating income
¥10.8B▲28.7%

Margin 15.7%

Whole company: Revenue ¥117.5B · Net income ¥11.7B

Avg. salary ¥7.8M · 46.1(parent only)

Allied Telesis Holdings[6835]

Japan + 3 more

#9
Revenue
¥50B▲3.1%
Operating income
¥4.09B▲45.2%

Margin 8.2%

Whole company: Revenue ¥50B · Net income ¥2.92B

Avg. salary ¥9.5M · 45.9(parent only)

Saxa[6675]

#10
Revenue
¥43.9B▼0.2%
Operating income
¥2.09B▼37.3%

Margin 4.8%

Avg. salary ¥7.7M · 43.2(parent only)

DKK[6706]

Telecommunication

#12
Revenue
¥25.4B▲15.0%
Operating income
¥2.38B▲24.0%

Margin 9.4%

Whole company: Revenue ¥35.4B · Net income ¥1.9B

Avg. salary ¥6.5M · 47.4(parent only)

※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.

Other companies: santec Holdings · Oi Electric · Seikoh Giken · Seiryo Electric · Synclayer · Alinco · Tamagawa Holdings · Furuno Electric · Suncorporation · Artiza Networks · Media Links · Kycom Holdings · Pacific Net

The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).

Switch years to see how the map shifts

Who earns the money

Area = revenue from businesses in this industry. Color = operating margin.

LossHigh margin(middle = 0% margin)

Who makes a profit

Across = revenue (log scale), up = operating margin, bubble size = operating income.

Ranking and momentum

RankCompany (business)RevenueShareOp. marginCAGRFCF*
1KyoceraSolutions Business¥1.04T26.2%10.0%+2.1%¥53.2B
2▲1NECSocial Infrastructure¥935.3B23.5%8.0%—¥346.9B
3▼1FujitsuHardware Solutions¥933.3B23.4%——¥229.2B
4▲1Sumitomo Electric IndustriesInfocommunications¥315B7.9%24.6%+7.5%¥203B
5▼1Nisshinbo HoldingsElectronics Wireless and Communications¥251.8B6.3%7.0%+12.9%¥32.5B
6JvckenwoodSafety and Security Sector¥94.7B2.4%13.5%—¥11.2B
7AiphoneJapan + 4 more¥79.1B2.0%3.2%+5.3%-¥1.25B
8AnritsuTest and Measurement¥68.8B1.7%15.7%—¥12.6B
9Allied Telesis HoldingsJapan + 3 more¥50B1.3%8.2%+10.7%¥6.22B
10Saxa¥43.9B1.1%4.8%+9.3%¥217M
11IcomJapan + 3 more¥37B0.9%7.5%+6.9%¥1.4B
12DKKTelecommunication¥25.4B0.6%9.4%-0.5%-¥4.07B
13santec HoldingsTunable lasers and instruments¥22.4B0.6%36.9%+40.9%¥6.53B
14Oi ElectricInformation and communication apparatus production sale business¥20.7B0.5%6.6%+13.1%¥633.2M
15▲2Seikoh GikenOptical related products¥20.1B0.5%33.1%+27.1%¥4.51B
16Seiryo ElectricTelecommunication system¥11.8B0.3%13.0%+4.1%¥442M
17▼2Synclayer¥10.5B0.3%3.4%-5.3%¥1.37B
18AlincoElectric equipment¥5.62B0.1%-7.8%+6.6%-¥549.9M
19▲4Tamagawa HoldingsElectric and communication equipment¥5.03B0.1%11.4%+25.5%-¥636.9M
20Furuno ElectricWireless LAN and handyterminal¥3.31B0.1%4.0%-1.8%¥16.5B
21▼2SuncorporationIT related business¥3.15B0.1%10.5%—¥1.37B
22▼1Artiza NetworksProduct sales + 1 more¥2.68B0.1%4.3%——
23▼1Media Links¥2.34B0.1%-37.5%-1.6%-¥474.2M
24Kycom HoldingsWireless solution business¥351.8M0.0%7.5%—¥243.9M
25Pacific NetCommunication Device¥318.3M0.0%20.6%+26.7%-¥1.07B

* 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).

Ownership links

From the major-shareholder section of annual securities reports.

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 Smartphones & Communications Equipment (by revenue)

All 25 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.

  1. Kyocera¥1.04T · 10.0%
  2. NEC¥935.3B · 8.0%
  3. Fujitsu¥933.3B
  4. Sumitomo Electric Industries¥315B · 24.6%
  5. Nisshinbo Holdings¥251.8B · 7.0%
  6. Jvckenwood¥94.7B · 13.5%
  7. Aiphone¥79.1B · 3.2%
  8. Anritsu¥68.8B · 15.7%
  9. Allied Telesis Holdings¥50B · 8.2%
  10. Saxa¥43.9B · 4.8%
  11. Icom¥37B · 7.5%
  12. DKK¥25.4B · 9.4%
  13. santec Holdings¥22.4B · 36.9%
  14. Oi Electric¥20.7B · 6.6%
  15. Seikoh Giken¥20.1B · 33.1%
  16. Seiryo Electric¥11.8B · 13.0%
  17. Synclayer¥10.5B · 3.4%
  18. Alinco¥5.62B · -7.8%
  19. Tamagawa Holdings¥5.03B · 11.4%
  20. Furuno Electric¥3.31B · 4.0%
  21. Suncorporation¥3.15B · 10.5%
  22. Artiza Networks¥2.68B · 4.3%
  23. Media Links¥2.34B · -37.5%
  24. Pacific Net¥360.2M · 31.0%
  25. Kycom Holdings¥351.8M · 7.5%

Revenue · Op. margin

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