Nihon House Holdings

Basic Information

Stock Code
1873
Industry
Construction
Category Detail
Real Estate & Housing
Prefecture
Tokyo
Establishment Year
February 1969
Listing Year
August 1988
Official Website
https://www.nihonhouse-hd.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
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Overview

Nihon House Holdings is a major player in the wooden housing industry founded in 1969, with nationwide operations centered on the design and construction of custom-built homes using traditional construction methods.

Current Situation

Nihon House Holdings maintains solid operations with consolidated sales of approximately 43.9 billion yen and operating profit of about 4.1 billion yen. Its core business is custom-built and planned proposal homes, with reinforcement of earthquake-resistant construction methods and remodeling services. It has a nationwide sales network, operating housing business from Tohoku to Kyushu. To provide sustainable housing, it has established energy-saving technologies and quality control systems. It is also working on acquiring certifications for long-life superior housing toward sustainability, aiming for further growth backed by a sound financial base. In recent years, it has focused on digitalization and efficiency, advancing customer satisfaction and cost reduction. Looking ahead to housing market trends after 2025, it is strengthening its integrated system from design to construction to maintain competitiveness. While adapting to changes in the external environment, it is deepening its community-based business model.

Trivia

Interesting Facts

  • Earthquake-resistant method was the first completed in traditional construction in 1979.
  • Founded in Morioka, Iwate Prefecture; headquarters now in Chiyoda-ku, Tokyo.
  • Previously operated its own hotel business, contributing to regional promotion.
  • Name changed to Nihon House Holdings in May 2015.
  • Operates under proprietary planned home brand 'Nihon House HD'.
  • Once owned a film production subsidiary and experienced diversified management.
  • Gained attention from YouTubers for parking lot design.
  • Awards include Good Design Award and Kids Design Award.
  • President Kazuyuki Narita has led management since 2002.
  • Nationwide expansion alongside community-based sales.
  • Over 1,300 consolidated employees, mid-sized construction firm.
  • Practices both earthquake countermeasures and environmental considerations.

Hidden Connections

  • Contributes to regional revitalization through earthquake-resistant reinforcement projects in collaboration with local governments.
  • Responds to increased accommodation demand through group hotel business.
  • During the former East Japan House era, had sales network in West Japan as well.
  • Focuses on long-life superior housing promotion in home remodeling field.
  • Founder had political activities with conservative political groups in the past.
  • Employee stock ownership association is one of the major shareholders, involving employees in management.
  • Established unique position among home manufacturers with high-quality wooden home technology.
  • Sponsors cultural and architectural events to enhance brand value.

Future Outlook

Growth Drivers

  • Growing demand for earthquake-resistant and energy-saving homes
  • Response to rural migration and diversifying needs
  • Service quality enhancement in mature market
  • Leveraging synergies with related businesses
  • Design and construction innovation through digital technology
  • Promotion of local production for local consumption of housing materials
  • Compliance with strengthened regulations for eco-friendly homes
  • Proposal of subscription-type home services
  • Expansion and diversification of B2B business
  • Deepening customer experience value

Strategic Goals

  • Expand ratio of earthquake-resistant and energy-saving homes to over 70%
  • Double sales in home remodeling business
  • Complete transition to digital design and construction management
  • Achieve 30% reduction in CO2 emissions
  • Nationwide rollout of community-based services
  • Expansion of planned homes for new customer segments
  • Stable growth in related hotel business
  • Company-wide application of sustainable procurement policy
  • Improvement in employee technical skills and quality management
  • Aim for over 80 billion yen in sales by 2030

Business Segments

Home Construction Contracting

Overview
Provides services centered on design and construction contracting for wooden homes.
Competitiveness
High-quality home construction system using traditional methods
Customers
  • 個人顧客
  • 不動産開発業者
  • 地方自治体
  • 企業オフィス
Products
  • 注文住宅設計・施工
  • 住宅耐震工法
  • 建材調達
  • 施工管理

Home Remodeling Business

Overview
Undertakes home remodeling and maintenance.
Competitiveness
Remodeling technology compliant with long-life superior housing certification
Customers
  • 住宅所有者
  • 管理組合
  • 不動産管理会社
Products
  • 増改築設計
  • 耐震補強工事
  • 設備更新工事

Real Estate Transactions / Material Sales

Overview
Provides construction material sales and real estate transaction services.
Competitiveness
Extensive sales network and material procurement capabilities
Customers
  • 建設業者
  • 住宅業界関連企業
  • DIYショップ
Products
  • 建材資材
  • 住宅関連商品の販売
  • 不動産仲介

Group-Related Hotel Operations

Overview
Contributes to regional revitalization through subsidiary hotel operations.
Competitiveness
Service expansion through group collaboration
Customers
  • 観光客
  • ビジネス客
Products
  • 宿泊サービス
  • 施設管理
  • イベント運営

Competitive Advantage

Strengths

  • Strength in earthquake-resistant technology for traditional wooden homes
  • Extensive sales network through nationwide expansion
  • High quality control and customer satisfaction
  • Provision of abundant home planning options
  • Track record of long-life superior housing certifications
  • Stable financial foundation
  • Experienced management team
  • Community-based service deployment
  • Synergies from diversified related businesses
  • Efficient construction management system

Competitive Advantages

  • Provides reassuring homes with proprietary earthquake-resistant technology
  • Quality assurance through integrated system from design to construction
  • Home plan proposal capabilities tailored to regional characteristics
  • Compliance with reliable performance standards based on long-life superior housing
  • Flexible rollout of planned homes responding to customer needs
  • Market share expansion through affordable high-quality homes
  • Synergistic effects with group hotel business
  • Cost reductions achieved through advanced construction techniques and efficiency
  • Broad business spanning land sales to remodeling
  • Ongoing reinforcement of internal management systems
  • Competitive edge from community-based sales areas
  • High adaptability through swift management decisions

Threats

  • Shrinking demand trend in new home market
  • Rising material prices and labor costs
  • Intensifying price competition from rivals
  • Risks from strengthened regulations like building standards law
  • Decline in housing demand due to population decrease
  • Construction delays from natural disasters
  • Changes in funding environment
  • Delays in responding to diversifying customer needs
  • Cost increases from new technology introductions
  • Market uncertainty

Innovations

2023: Introduction of Smart Home Integration Technology

Overview
Promoting smartification of home equipment using IoT technology.
Impact
Achieved improved customer satisfaction and differentiation.

2022: Development of Improved Earthquake-Resistant Methods

Overview
Strengthened architectural technology specialized in earthquake countermeasures.
Impact
Increased brand trust through enhanced safety.

2024: Development of Energy-Saving Home Materials

Overview
Practical implementation of new materials with superior insulation and durability.
Impact
Strengthened market competitiveness through improved home performance.

2021: Introduction of VR Home Design System

Overview
Presenting home plans via VR with emphasis on customer experience.
Impact
Improved order conversion rate and sales efficiency.

2020: Introduction of Digital Construction Management System

Overview
IT-ization of site management for shortened construction periods and enhanced quality control.
Impact
Achieved cost reductions through construction efficiency.

Sustainability

  • 長期優良住宅認定取得推進
  • 省エネ・高断熱住宅の普及促進
  • 環境配慮型建材の採用拡大
  • 建築廃材のリサイクル強化
  • 地域社会との環境保護協働
  • CO2排出削減目標の設定と実践
  • 再生可能エネルギーの積極活用
  • グリーン調達方針の制定
  • 社内環境教育の継続実施
  • 持続可能な事業運営体制の確立
  • エネルギー効率の高い設備導入
  • 省資源設計と施工方法の開発