# Who does Nippon Sanso Holdings pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/nippon-sanso · Facet: suppliers · Updated: 2026-07-12T04:00:28.194636+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Nippon Sanso Holdings discloses no named confirmed suppliers/cost counterparties; 3 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 3 cost edges, backed by 1 dated sources, 1 of them primary filings (as of 2026-07-12).

### 전력 회사 (공기분리장치 전력) (high)
- note: ASUs are electricity-intensive, so power cost is the biggest swing factor for industrial-gas margin — Japan's FY2025 segment income rising 9.5% on easing power cost illustrates the sensitivity.
- [confirms] Nippon Sanso Holdings (EN, filing, published 2025-05-12) https://www.nipponsanso-hd.co.jp/en/LinkClick.aspx?fileticket=6/hKTpzKYqc%3D&tabid=210&mid=797: "Japan segment: segment income increased 9.5% to ¥47,090 million due to moderating electricity costs and stronger equipment and installation sales."

### 가스 설비·플랜트 (ASU·설비투자) (mid)
- note: Capex and depreciation on air-separation plants and gas equipment. FY2025 depreciation and amortization was ¥116,196 million.
- [confirms] Nippon Sanso Holdings (EN, filing, published 2025-05-12) https://www.nipponsanso-hd.co.jp/en/LinkClick.aspx?fileticket=6/hKTpzKYqc%3D&tabid=210&mid=797: "FY2025 depreciation and amortization of ¥116,196 million (air-separation plants and gas equipment)."

### 헬륨·희가스 공급 (mid)
- note: Sources helium and other rare gases externally. In FY2025 a helium supply surplus pressured selling prices in some regions.
- [confirms] Nippon Sanso Holdings (EN, filing, published 2025-05-12) https://www.nipponsanso-hd.co.jp/en/LinkClick.aspx?fileticket=6/hKTpzKYqc%3D&tabid=210&mid=797: "Asia & Oceania: downward pressure on sales prices in some regions due to a helium supply surplus."

Reverse side: https://valuechain.wiki/nippon-sanso/customers.md · Ripple: https://valuechain.wiki/nippon-sanso/ripple.md

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Full node: https://valuechain.wiki/nippon-sanso.md · JSON: https://valuechain.wiki/nippon-sanso.json