# Who are Nabtesco's customers? Who does Nabtesco earn revenue from?
Canonical: https://valuechain.wiki/nabtesco · Facet: customers · Updated: 2026-07-12T04:16:02.403602+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Nabtesco's confirmed revenue counterparties include FANUC, Tesla, Yaskawa Electric plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 revenue edges, backed by 4 dated sources, 1 of them primary filings (as of 2026-07-12).

### 로봇 OEM·휴머노이드 (RV 감속기) (high)
- metric: Market share ~35% · 2024 · articulated-robot RV share
- note: RV precision reducers to articulated-robot and humanoid OEMs.
- [confirms] Nabtesco/TSE (JA, filing, published 2026-02-12) https://www.nabtesco.com/en/ir/: "~35% articulated RV; 28% humanoid mini-RV."
- [confirms] Intel Market Research (EN, research, published 2026-01-01) https://www.intelmarketresearch.com/miniature-rv-reducer-for-humanoid-robots-market-6266: "~35% articulated-robot RV; 28% humanoid mini-RV."

### FANUC (high)  → /fanuc.md
- note: Supplies RV reducers to robot leader FANUC — where robot ramp-up is reducer demand, one of Nabtesco's largest demand points.
- [confirms] Intel Market Research (EN, research, published 2026-01-01) https://www.intelmarketresearch.com/industrial-robot-reducer-market: "Supplies RV reducers to robot leader FANUC."

### Tesla (mid)  → /tesla.md
- note: Supplies RV reducers for Tesla Optimus joints — an option that lifts reducer demand to a new level if humanoid mass production materializes.
- [confirms] eWeek (EN, news, published 2026-01-01) https://www.eweek.com/robotics/tesla-optimus-robot-launch-timeline/: "Supplies RV reducers to Tesla Optimus."

### 유압·항공·철도 (산업) (mid)
- note: Hydraulics, aerospace and rail components.
- [confirms] Nabtesco/TSE (JA, filing, published 2026-02-12) https://www.nabtesco.com/en/ir/: "FY2026 revenue ¥327B."

### Yaskawa Electric (mid)  → /yaskawa.md
- note: Supplies RV reducers to large-robot leader Yaskawa — a core demand point for the robot-joint bottleneck component.
- [confirms] Intel Market Research (EN, research, published 2026-01-01) https://www.intelmarketresearch.com/miniature-rv-reducer-for-humanoid-robots-market-6266: "Combines Nabtesco RV reducers in larger robots."

Reverse side: https://valuechain.wiki/nabtesco/suppliers.md · Ripple: https://valuechain.wiki/nabtesco/ripple.md

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Full node: https://valuechain.wiki/nabtesco.md · JSON: https://valuechain.wiki/nabtesco.json