NHK Spring plans to spend about ¥15bn on a new production building for hard-disk-drive suspensions at the Welgrow plant of its Thai subsidiary, with completion scheduled for December 2027. The company decided on the project on 16 July 2026, according to its half-year report for the six months to September 2026.
What the building is for
The stated purpose is narrow: consolidating and streamlining the visual-inspection step for HDD suspensions. The report does not describe added capacity, and the building is a plan, not operating output. Funding is expected to come mainly from the company's own cash.
Outside the capex budget
The roughly ¥15bn is not counted in the ¥15.4bn the company earmarked for its disk-drive suspension (DDS) segment for the year to March 2027, which covers expanding and replacing production equipment.
The demand behind it
NHK Spring says global HDD shipments rose year on year and that high-capacity drives for data centers increased, lifting total demand for suspensions, its main product. DDS sales reached ¥76.3bn, up 27.0%, and operating profit was ¥19.0bn, up 57.9%. The company attributes the rise to higher suspension sales volumes on continued data-center demand.
Group sales for the half were ¥440.8bn, up 11.9%, and operating profit was ¥33.8bn, up 82.3%. The report names no customers and does not link the Thai building to a specific order or output target.