Yamato

Basic Information

Stock Code
1967
Industry
Construction
Category Detail
Construction & Civil Engineering
Prefecture
Gunma Prefecture
Establishment Year
July 1946
Listing Year
October 1963
Official Website
https://www.yamato-se.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Miki Kogyo, Nippon Electric Works, Soneck, Matsui Kensetsu, Koden-sha, Shin-Nippon Air Technologies, Sanki Engineering, Techno Hishiwa, Takasago Thermal Engineering, Asahi Kogyosha, Taikisha, Daidan, Kyowa Nissei, Hibiya Engineering, Nippon Rutsubo, Japan Material, Eidai Kako, Asahi Information Service, MT Genex

Overview

Yamato is a construction company based in Gunma Prefecture, founded in 1946. It specializes primarily in air conditioning equipment, with strengths in water supply works, providing comprehensive equipment construction services closely integrated with the local community.

Current Situation

Yamato achieved consolidated sales of 51.4 billion yen in the fiscal year ending March 2020, with capital of 5 billion yen and 1,112 consolidated employees, positioning it as a mid-sized construction company. Centered in Gunma Prefecture, it focuses on air conditioning equipment works and has extensive experience in water supply works. In recent years, it has strengthened its business in urban areas, steadily establishing its position in the construction industry centered on equipment works (air conditioning and piping). Management is stable, asset conditions are sound, and the financial base is solid. In terms of innovation, it has entered new fields such as small hydropower generation projects. It emphasizes sustainability, promoting community contributions and environmentally considerate equipment works. Moving forward, it aims to expand energy-saving and environmentally friendly equipment to achieve performance growth and enhanced corporate value. It differentiates itself from competitors while pursuing stable management and sustainable growth.

Trivia

Interesting Facts

  • Yamato traces its roots to the Riken Group
  • Founded in October 1945, immediately after the end of World War II
  • Established company specializing in air conditioning equipment works based in Gunma Prefecture
  • Entering small hydropower generation business and contributing to local environment
  • Originally spun off and independently founded from Riken Kogyo
  • Strengthening equipment works business even in central Tokyo
  • Chairman is Takao Arai, President is Yutaka Machida
  • Capital of 5 billion yen, stable scale as a mid-sized regional construction company
  • Approximately 1,100 consolidated employees, maintaining technical strength
  • ISO certification for thorough quality and environmental management
  • Strengths in both public and private works
  • Capable of handling wide range from piping to electrical equipment
  • High customer satisfaction in locally rooted works
  • Management historically influenced by the Riken Conglomerate
  • Regular announcements of dividends and personnel changes in news articles

Hidden Connections

  • Deep historical ties to the Riken Group due to spin-off and independence from Riken Kogyo Co., Ltd.
  • Member of influential corporate network in Gunma Prefecture's regional construction industry
  • Strong relationships with local governments through water supply works
  • Potential business partnerships and joint projects with major urban equipment works companies
  • Advancing new technology development and market expansion through collaboration with Nikkei-related companies
  • Actively participating in local community activities in Gunma Prefecture to build social credibility as a regional company
  • Leading initiatives in talent development and skill succession in the equipment works field
  • Recognized as one of the demonstrative model companies contributing to the transition to a sustainable construction industry

Future Outlook

Growth Drivers

  • Expanding demand for environmentally friendly air conditioning equipment
  • Increasing need for local government water supply equipment renewals
  • Growth in the equipment works market in urban areas
  • Efficiency gains from energy-saving technologies and IoT adoption
  • Stable order base from public works
  • Digital transformation in the construction industry
  • Customer support for locally focused services
  • Advances in construction material recycling and sustainable technologies
  • Ongoing technology through talent development and skill succession
  • Productivity improvements from better labor environments in construction
  • Diversification strategy through new market development
  • Opportunities to participate in national infrastructure development plans

Strategic Goals

  • Expand market share in energy-saving and environmentally friendly equipment fields
  • Improve construction efficiency by 30% through IoT and digital technology utilization
  • Increase orders and strengthen customer base in regional public works
  • Promote adoption of sustainable construction technologies across all operations
  • Establish employee skill succession and talent development systems
  • Expand entry into new business fields (renewable energy, etc.)
  • Strengthen responses to carbon neutrality
  • Enhance corporate value through deepened collaboration with local communities
  • Achieve consolidated sales of 60 billion yen by 2030
  • Advance ISO certification and environmental management

Business Segments

Air Conditioning Equipment Construction Segment

Overview
Business providing integrated services from design to construction and maintenance of air conditioning equipment.
Competitiveness
Stable service provision backed by local track record and advanced technical capabilities.
Customers
  • 商業ビルオーナー
  • 公共施設管理者
  • 工場経営者
  • 建設会社
Products
  • ビル用空調設計
  • 空調設備施工
  • 空調メンテナンスサービス
  • 省エネ空調ソリューション

Piping and Water Supply Equipment Construction Segment

Overview
Business division responsible for construction and maintenance of piping and water supply equipment in general.
Competitiveness
Numerous successful bids for public works in Gunma Prefecture.
Customers
  • 地方自治体
  • 工場
  • ビルディング管理会社
  • 住宅メーカー
Products
  • 給排水配管工事
  • ガス設備施工
  • 上下水設備保守管理
  • 浄水処理設備設計施工

Electrical Equipment Construction Segment

Overview
Provides design, construction, and after-sales service for electrical equipment in buildings and facilities.
Competitiveness
Quality assurance based on technical expertise and experience in electrical equipment construction.
Customers
  • 商業施設管理者
  • 工場
  • 建設会社
Products
  • 電気配線工事
  • 設備機器設置
  • 電気設備保守

Competitive Advantage

Strengths

  • High technical expertise in air conditioning equipment works
  • Strong regional foundation centered on Gunma Prefecture
  • Versatility in responding to a wide range of equipment works fields
  • Stable management base and sound financial position
  • Abundant experience in public works
  • Comprehensive employee technical training and education system
  • Possession of environmentally considerate construction technologies
  • High customer satisfaction and repeat business rate
  • Reliability backed by diverse construction track record
  • Proven track record supported by long history

Competitive Advantages

  • Thorough local-focused management centered on Gunma Prefecture, achieving stable orders
  • Specialized technical know-how in air conditioning equipment, piping, and water supply works
  • Strong transaction history with local governments supporting public works bids
  • Ongoing market development through business expansion in urban areas
  • Strengths in energy-saving and environmentally friendly equipment introduction, highly evaluated by customers
  • Flexible response to customer needs through integrated equipment works services
  • Ability to undertake large projects backed by stable capital
  • Realization and continuation of high-quality construction through employee specialized training
  • Enhanced quality management system via ISO certification
  • Long-term customer relationships based on trust as an established construction company

Threats

  • Risk of construction delays due to labor shortages in the construction industry
  • Cost increase pressure from rising raw material prices
  • Intensified price competition from new entrants
  • Impact of natural disasters on construction sites
  • Rising construction costs due to stricter regulations
  • Increased investment burden for complying with environmental regulations
  • Risk of reduced orders due to cuts in public works budgets
  • Decline in private works demand due to economic fluctuations
  • Difficulty in rapid adaptation to technological advancements
  • Project risks from unstable material procurement
  • Technology succession issues due to aging workforce
  • Intensified competition with overseas construction firms

Innovations

2024: Launch of Small Hydropower Generation Project in Gunma's Tsumagoi Village

Overview
Started installation and operation of small hydropower generation facilities utilizing local natural resources.
Impact
Contributes to improving local energy self-sufficiency rate

2023: Promotion of Energy-Saving Air Conditioning System Adoption

Overview
Actively deploying design and construction of air conditioning equipment using the latest energy-saving technologies.
Impact
Reduces electricity usage in customer facilities by an average of 20%

2022: Development of IoT-Based Remote Monitoring System for Equipment

Overview
Realizes maintenance efficiency by remotely monitoring air conditioning equipment operation status.
Impact
15% reduction in maintenance costs

2021: Promotion of Sustainable Construction through Environmentally Friendly Materials

Overview
Promoting the adoption of recycled building materials and low-environmental-impact materials.
Impact
10% annual reduction in CO2 emissions

Sustainability

  • 地域の再生可能エネルギー導入促進
  • 省エネルギー建設技術の開発と普及
  • 環境負荷低減型資材の採用拡大
  • 社員の環境教育と啓発活動実施
  • 地元自治体との環境保護協定締結
  • 廃棄物リサイクル率向上プロジェクト
  • 建設現場のエコマネジメント推進
  • CO2排出量管理と削減目標設定
  • 安全衛生管理の徹底と改善活動
  • 地域社会への環境情報公開