Candeal

Basic Information

Stock Code
1446
Industry
Construction
Category Detail
Real Estate & Housing
Prefecture
Tokyo
Establishment Year
August 2014
Listing Year
July 2018
Official Website
https://www.candeal.co.jp/
TSE Information
TSE Information
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Overview

Candeal is a diversified residential and commercial facility repair service company established in 1984, with strengths in unique repair technologies and broad business development in the construction industry.

Current Situation

Candeal recorded consolidated sales of approximately 13.2 billion yen and operating profit of approximately 300 million yen in the fiscal year ending September 2024, with its head office in Shinjuku-ku, Tokyo, and engages in repair and maintenance services for residential and commercial facilities. Through its group of subsidiaries, it operates a wide range of businesses from repair services to commercial environment construction and antiviral antibacterial services, responding to diverse customer needs. Major shareholders include investment partnerships, management, and financial institutions, ensuring a high level of financial stability. To differentiate from competitors in the industry, it has developed meticulous repair techniques, rapid response capabilities, and proprietary coating technologies. Recently, it has focused on antiviral antibacterial services to strengthen responses to market needs. In the medium to long term, it has set strategies for expanding building materials and furniture repair businesses and developing high-value-added services, while planning business development that considers sustainability and environmental considerations. It is advancing proactive equipment investments and human resource development with an eye toward future market expansion.

Trivia

Interesting Facts

  • Founded in 1984 with former Toyo Trading as the parent body
  • One of Japan's leading residential repair specialist companies
  • Many subsidiaries handle repair-related businesses
  • Early entry into antibacterial and antiviral business
  • AI introduction in call center advancing ahead in the industry
  • Paid-in capital of approximately 560 million yen with stable financial base
  • Listed in 2018 on the Tokyo Stock Exchange Standard Market
  • Initial capital at founding was 1.25 million yen
  • Head office located in Shinjuku-ku, Tokyo
  • Technological capability to handle repairs of temples and shrines

Hidden Connections

  • Representative Director Hayashi Kousei concurrently manages subsidiaries and holds significant shares, demonstrating strong management integration
  • Existence of investment partnerships as major shareholders provides financial support for growth strategies
  • Repeated business integrations and name changes among multiple subsidiaries to build growth foundation
  • Stable revenue base backed by long-term transactions with real estate management companies and construction firms
  • Potential for service expansion to medical institutions through development of antiviral antibacterial technology
  • Diverse trading partners include building materials manufacturers and equipment sellers
  • Major securities firm from a large financial group listed as shareholder
  • 62 employees, achieving efficient operations with a lean elite team

Future Outlook

Growth Drivers

  • Increasing demand for residential maintenance due to aging society
  • Ongoing expansion of antiviral antibacterial services
  • Rising demand for environmentally friendly repair materials
  • Increasing repair demand for real estate value preservation
  • Service efficiency improvement through digital technology utilization
  • Response to needs for durability and hygiene improvement in commercial facilities
  • Aggressive entry into new business areas
  • Strengthening of region-rooted services
  • Expansion of customer base and service diversification
  • Utilization of government support measures for construction industry

Strategic Goals

  • Double repair service sales
  • Transform antiviral antibacterial business into main revenue source
  • Company-wide introduction of low environmental impact technologies
  • Deploy IoT and AI technologies to all customer services
  • Maintain customer satisfaction above 90% across all businesses
  • Expand local stores to establish nationwide response system
  • Establish ESG foundation for sustainable management
  • Strengthen synergies within subsidiaries and group
  • Enhance employee skills and promote better working environment
  • Clarify shareholder return policy and maintain stable dividends

Business Segments

Residential Repair Services

Overview
Repair services for damaged parts of residences using specialized techniques to maintain asset value.
Competitiveness
High-precision and short construction period repair technology
Customers
  • Homeowners
  • Real Estate Management Companies
  • Home Sales Companies
  • Construction Firms
  • Renovation Contractors
Products
  • Fitting Repair
  • Flooring Repair
  • Exterior Wall Repair
  • Aluminum Sash Repair

Commercial Facility Maintenance

Overview
Provides consistent high-quality services from interiors to periodic inspections for commercial facilities.
Competitiveness
One-stop service system
Customers
  • Commercial Facility Owners
  • Store Operators
  • Hotel Operators
  • Office Management Companies
Products
  • Interior Construction
  • Furniture Assembly and Installation
  • Periodic Maintenance
  • Antiviral Antibacterial Construction

Repair Materials Sales

Overview
Stably supplies high-quality repair materials to construction and renovation contractors.
Competitiveness
Wide range of products and immediate supply system
Customers
  • Renovation Contractors
  • Building Materials Retailers
  • Interior Construction Companies
Products
  • Repair Materials
  • Interior Decor Goods
  • Antibacterial Materials

Hygiene Environment Solutions

Overview
Supports improvement of facility hygiene environments and strengthens infectious disease measures.
Competitiveness
Proposals for safety measures using the latest technology
Customers
  • Medical Facilities
  • Schools
  • Public Facilities
  • Corporations
  • Restaurants
Products
  • Antiviral Antibacterial Coating
  • Air Purifier Sales
  • Hygiene Environment Consulting

Competitive Advantage

Strengths

  • Possesses specialized and diverse repair technologies
  • Convenience of base in Shinjuku-ku, Tokyo
  • Diversified business operations through subsidiaries
  • Advanced services in antiviral antibacterial field
  • Stable financial base and strong support from major shareholders
  • Capable of responding to diverse needs in residential and commercial facilities
  • Rapid client response capabilities
  • Accumulation of established technical know-how
  • Provision of products and services tailored to market needs
  • Sustainable operating profit and growth potential

Competitive Advantages

  • High technological capabilities specialized in repair services
  • Ensures broad business scope through multiple subsidiaries
  • Differentiation through antiviral antibacterial processing
  • Integrated response capabilities for commercial facility construction and maintenance
  • Fundraising strength due to investor support
  • Business deployment in both residential and commercial sectors
  • Abundant construction track record and customer trust
  • Commitment to continuous technological innovation
  • Market expansion utilizing diverse sales channels
  • Business activities leveraging regional characteristics

Threats

  • Intensified competition from new entrants
  • Risk of rising construction material costs
  • Challenges in securing talent and labor market fluctuations
  • Business impacts from natural disasters
  • Changes in construction-related laws and regulations
  • Demand fluctuations due to economic cycles
  • Changes in hygiene measure needs such as new infectious diseases
  • Risk of failing to keep up with technological innovations
  • Intensified price competition with other industries
  • Risk of reduced transactions with major customers

Innovations

2023: Expansion of Antiviral Antibacterial Services

Overview
Completed development of new antiviral coating technology using natural ingredients.
Impact
Leads to improved customer satisfaction and new market development.

2022: Launch of IoT-Utilizing Periodic Inspection Service

Overview
Developed new service for remote monitoring of residential equipment anomalies using sensors.
Impact
Reduces customer burden through efficient maintenance operations.

2021: Introduction of Environmentally Friendly Interior Repair Materials Manufacturing

Overview
Developed and began manufacturing repair materials using low-VOC and recycled materials.
Impact
Enhances corporate image through improved environmental performance.

2024: Development of New Commercial Facility Construction Technology

Overview
Established new construction process that achieves both shortened construction time and improved quality.
Impact
Strengthens competitiveness through shortened construction periods and cost reductions.

2020: Start of AI Utilization in Call Center

Overview
Implemented AI chatbots to improve customer response efficiency and service quality.
Impact
Improved customer satisfaction and shortened response times.

Sustainability

  • Development and promotion of environmentally friendly repair materials
  • Introduction of energy-saving construction technologies
  • Improvement of waste material recycling rate
  • Promotion of social dissemination of antiviral antibacterial services
  • Promotion of eco-driving within the company and CO2 reduction