Ohmori Kogyo

Basic Information

Stock Code
1844
Industry
Construction
Category Detail
Construction & Civil Engineering
Prefecture
Tokyo
Establishment Year
June 1967
Listing Year
April 1993
Official Website
https://www.ohmori.co.jp/
TSE Information
TSE Information
Yahoo! Finance
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Overview

Ohmori Kogyo is a construction company founded in 1967 and headquartered in Chiyoda-ku, Tokyo, specializing in the industry with strengths in water supply and sewerage works as its primary business, along with private construction and prime contracting.

Current Situation

Ohmori Kogyo recorded consolidated net sales of approximately 5.981 billion yen, operating profit of 621 million yen, and net profit of 414 million yen for the fiscal year ending July 2024, maintaining a solid revenue base. Its mainstay is civil engineering and construction works centered on water supply and sewerage, operating primarily in Tokyo with bases including a factory in Koguma City, Ibaraki Prefecture, and the Katsushika Branch. Since its listing on the Second Section of the Tokyo Stock Exchange in 1996, it has strengthened technology through acquisition of ISO9001 certification and establishment of the OLY Method Research Association, striving for quality improvement. For sustainability initiatives, it promotes business efficiency and environmental load reduction, aiming to secure stable revenue through expansion in prime contracting and private construction sectors. Paid-in capital is 2.76537 billion yen, robust, with 73 employees forming a highly specialized organizational structure. In recent years, it has advanced competitiveness through introduction of new technologies, organizational efficiency, and sales reinforcement. Moving forward, it envisions a strategy for sustainable growth by strengthening its regional base and promoting technology development.

Trivia

Interesting Facts

  • Early participant in the OLY Method Research Association within the industry
  • Originated in Iwabuchimachi, Kita-ku, Tokyo, with over 50 years of history
  • Manufacturing factory located in Koguma City, Ibaraki Prefecture
  • Veteran construction company with head office in Kanda Shin興 Building
  • Mid-tier company classified with consolidated sales nearing 6 billion yen
  • President and Representative Director is Ryuichi Fukui
  • Specializes mainly in water supply and sewerage works with regional focus
  • Early acquisition of ISO9001 certification in the industry
  • Tokyo Stock Exchange Standard Market listed company striving to improve recognition
  • Relocated Tokyo head office to Chiyoda-ku in 2016

Hidden Connections

  • History of becoming a subsidiary of Japan Media Network and filing for bankruptcy
  • Strengthened technological collaboration with major general contractors through establishment of OLY Method Research Association
  • Major shareholder WIN BASE TECHNOLOGIES, LTD. holds 11.33% stake
  • Bases in Kanto region and Ibaraki, strengthening ties with local companies
  • Continued steady management after 1996 listing on Tokyo Stock Exchange Second Section
  • Meets international quality management standards through ISO9001 acquisition
  • Audit and Supervisory Committee company enhancing governance
  • Katsushika Branch's OLY jacking division responsible for disseminating specialized methods

Future Outlook

Growth Drivers

  • Business expansion through strengthening private construction prime contracting
  • Improved construction efficiency through technological innovation
  • Dissemination of environmentally friendly materials and methods
  • Demand for water supply and sewerage infrastructure renewal from local governments
  • Enhanced bidding competitiveness through ISO certification, etc.
  • Advancement of digitalization in construction industry
  • Cost competitiveness through factory productivity improvements
  • Increased demand for energy-saving products amid stricter environmental regulations
  • Strengthening stable supply system for construction materials
  • Technology development to address labor shortages

Strategic Goals

  • Achieve over 50% sales ratio from prime contracting projects
  • Full adoption of environmentally friendly methods and products
  • Complete introduction of IoT-based construction management system
  • Expand sales to 10 billion yen scale
  • Update equipment and improve productivity at Ibaraki factory
  • Advanced safety and health management
  • Company-wide application of green procurement standards
  • Ongoing regional social contribution activities
  • Active commitment to SDGs goals
  • Establishment of sustainable management structure

Business Segments

Construction for Water Supply and Sewerage Related Companies

Overview
Providing specialized technical services for public and private water infrastructure development centered on water supply and sewerage works. Strength in high-quality construction management.
Competitiveness
Advanced construction technology through proprietary sewerage methods and OLY jacking division
Customers
  • Local Government Water and Sewerage Departments
  • Water Utilities
  • Construction General Contractors
  • Equipment Contractors
  • Public Works Prime Contractors
  • Private Construction Companies
Products
  • New Water Supply and Sewerage Installation Works
  • Pipeline Rehabilitation Works
  • Drainage Facility Renovation Works
  • Water Treatment Equipment Installation
  • Maintenance Services

Private Construction Related Business

Overview
Performing construction and renovation works for residential and commercial facilities, providing safe and secure building environments.
Competitiveness
Enhanced construction management capabilities through reinforcement of prime contracting for private sector
Customers
  • Apartment Developers
  • Commercial Facility Operators
  • Real Estate Management Companies
  • Remodeling Contractors
  • Equipment Manufacturers
Products
  • Apartment New Construction
  • Commercial Facility Renovation
  • Building Equipment Installation
  • Interior Finishing Works
  • Remodeling Works

Materials Manufacturing and Factory Shipping Business

Overview
Focusing on manufacturing and shipping of piping and related materials using the Ibaraki factory, with thorough quality control.
Competitiveness
Integrated supply chain from manufacturing to construction
Customers
  • Construction Companies
  • Piping Contractors
  • General Contractors
  • Local Governments
  • Equipment Trading Companies
Products
  • Water Supply Piping Components
  • Drainage Pump Equipment
  • Concrete Products
  • Civil Engineering Materials
  • Piping Accessories

Competitive Advantage

Strengths

  • Specialized technology in water supply and sewerage works
  • Quality management system with ISO9001 certification
  • Long track record and trust in the market
  • Strengthening prime contracting in private construction
  • Promotion of proprietary OLY method
  • Integrated materials system with Ibaraki factory
  • Stable financial base
  • Highly specialized employee structure
  • Robust management base with head office in Kanda Shin興 Building
  • Versatile response capabilities for public and private projects

Competitive Advantages

  • Specialized in water supply and sewerage works with high construction technology
  • Rapid response through multi-location regional deployment
  • Introduction of advanced technology through participation in OLY Method Research Association
  • Thick capital and net assets supporting finances despite mid-tier size
  • Uniqueness centered on know-how of specialized methods
  • Improved customer trust through ISO certification
  • One-stop response from material procurement to construction with in-house factory
  • Expansion of robustly promoted prime contracting system
  • Expansion strategy in private sector alongside government projects
  • Market superiority from accumulated water supply and sewerage expertise

Threats

  • Price pressure from intensifying competition in construction industry
  • Risk of public works budget cuts
  • Cost increases from rising raw material prices
  • Constraints on construction capacity due to labor shortages
  • Business operation risks from natural disasters
  • Increased compliance costs from stricter environmental regulations
  • Need for rapid adaptation to technological advancements
  • Intensifying competition with new entrants
  • Offensives from major general contractors in building works
  • Potential decline in social credit

Innovations

2023: Joint Development with OLY Method Research Association

Overview
Collaborated with general contractors to enhance durability and efficiency using proprietary construction methods.
Impact
Improved construction quality and shortened construction period

2022: ISO9001 (2000 version) Certification Renewal

Overview
Successfully continued improvement of quality management system, maintaining customer trust.
Impact
Enhanced customer satisfaction and expanded orders

2024: Introduction of Energy-Saving Design for Drainage Equipment

Overview
Developed energy-saving drainage pump equipment to reduce environmental impact.
Impact
Reduced CO2 emissions and operational costs

Sustainability

  • Promoting energy-saving in construction processes
  • Efforts to improve waste recycling rate
  • Adoption of low-environmental-impact materials
  • Promotion of renewable energy use in the region
  • Strengthening employee safety management