Nakanishi Inc. · FY ended December 2025
Fewer chairs, higher sales at Nakanishi’s DCI
Nakanishi makes dental handpieces and other treatment equipment, surgical cutting tools and precision spindles for factories. Its US subsidiary DCI supplies dental chairs, cabinets and related parts.
Businesses and products: results presentation p.2.
Yen-denominated segment revenue: presentation p.6.
Which dental practices sit beyond the dealer?
Two sales stages before equipment reaches a dentist
In the North American dental business, Nakanishi describes shipments to dealers and dealers’ sales to dentists separately.
Nakanishi supplies the dealer
The company calls this sell-in.
The dealer holds and sells equipment
Inventory adjustment changes the timing of purchases from the maker.
A dentist buys from the dealer
The company calls this sell-out.
An editorial illustration of the disclosed sales stages, not measured inventory volumes or contractual revenue-recognition rules. DCI chair-unit figures are a separate business measure.
The route from equipment maker to dental practice
An editorial summary of the disclosed roles.
- Supply equipmentHandpieces and dental chairs
- Dealer recommendationTrain salespeople and expand distribution
- Practice adoptionCustomer mix changes sales patterns
Imported-part costs weigh on growing sales
DCI business EBITDA
Annual comparison for the same business using the company’s definition. EBITDA differs from operating profit. Unit: ¥ million.
Source: results presentation p.8. EBITDA definition: p.5.
THE VIEW AFTER THE NUMBERS
What the numbers suggest
Primary sources used
FY 2025 results presentation with speaker script
Nakanishi Inc. · 2026-02-19
Pages used: p.8 / p.11 / p.30 / p.32
Open source →FY 2025 consolidated financial results
Nakanishi Inc. · 2026-02-12
Pages used: p.1
Open source →