Kyowa Nissei

Basic Information

Stock Code
1981
Industry
Construction
Category Detail
Construction & Civil Engineering
Prefecture
Tokyo
Establishment Year
September 1948
Listing Year
September 1975
Official Website
http://www.kyowa-nissei.co.jp/
TSE Information
TSE Information
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Other Companies
Nippon Dentech, Shin Nippon Air Tech, Sanki Engineering, Techno Hishiwa, Takasago Thermal Engineering, Asahi Kogyosha, Taikisha, Daidan, Hibiya Engineering, Saita HD, Japan Material, Sankyo Kasei, Genex

Overview

Kyowa Nissei is a Tokyo-based construction company that grew centered on equipment works since its founding in 1948, and is a major specialized contractor strong in gas piping works and electrical installation works.

Current Situation

Kyowa Nissei focuses on gas piping works and electrical works as its core businesses, achieving stable earnings based on transactions with major customers such as Tokyo Gas. In recent years, performance has been steady due to increasing demand for equipment works centered in the Tokyo metropolitan area. Competitors include Takasago Thermal Engineering and Sanki Engineering, with differentiation through technological strength and construction quality. Taking into account strengthening environmental regulations, it is promoting support for energy-saving equipment introductions and advanced safety management systems, while strengthening responses to sustainable construction services. It is also focusing on operational efficiency and human resource development, striving to secure experienced technicians. While considering shareholder returns through financial strategies such as treasury stock cancellation, it aims for stable growth. In the future, it plans further expansion in the equipment works sector, strengthening community-based services and new technology introductions.

Trivia

Interesting Facts

  • Holds a high share in urban gas piping works in Tokyo.
  • Strengthened financial soundness through treasury stock cancellation.
  • Rare company that integrally handles gas piping works and electrical works.
  • Veteran equipment contractor with over 70 years of history since founding.
  • Established a Safety, Quality, and Environment Office for thorough construction management.
  • Positioned as an equipment works specialist within the Nikkei industry.
  • Rich track record of contributions to regional infrastructure.
  • Owns unique brand names with a focus on quality.
  • Trusted company with numerous government-related works experience.
  • Regularly holds technician training to promote skill improvement.
  • Differentiates from major construction and civil engineering competitors.
  • Actively deploys safety training and environmental considerations.
  • Highly evaluated by building management companies.
  • Provides a wide range of equipment-related services on a one-stop basis.
  • Continuing stable growth amid fluctuating market environments.

Hidden Connections

  • Achieves stable orders through long-term transactions with Tokyo Gas.
  • Has collaboration experience with competitors like Takasago Thermal Engineering at many construction sites.
  • Involved in formulating safety and environmental standards in local construction industry associations.
  • Fuses traditional craftsmanship with the latest ICT technologies for efficiency.
  • Participates in numerous disaster recovery works as part of public projects.
  • Has track record of partial technical provision to power company-affiliated equipment works.
  • Collaborates with local educational institutions to implement technician development programs.
  • Participating in infrastructure development plans of multiple local governments.

Future Outlook

Growth Drivers

  • Expansion of demand from urban infrastructure redevelopment
  • Increase in energy-saving and environmental regulation-compliant equipment investments
  • Increase in aging infrastructure renewal projects
  • Customer acquisition through strengthened community-based services
  • Construction efficiency improvements via ICT utilization
  • Growing needs for safety and environmental technologies
  • Steady progress of public projects
  • Technological capability enhancement through human resource development
  • Expansion of new customer segments
  • Business expansion through collaboration with small and medium construction firms
  • Promotion of new technology and construction method introductions
  • Ongoing increase in disaster recovery demand

Strategic Goals

  • Achieve annual sales of ¥10 billion in equipment works
  • Maintain and improve customer satisfaction above 90%
  • Continuous achievement of zero safety accidents
  • Energy-saving and environmentally considerate works ratio over 50%
  • 30% improvement in construction efficiency through ICT utilization
  • Completion of systematized technician development programs
  • Strengthened collaboration with local communities and sustainable contributions
  • Initiation of expansion into new business areas
  • Maintenance of financial soundness and securing investment capacity
  • Improvement of shareholder value through treasury stock cancellation, etc.

Business Segments

Gas Equipment Business

Overview
Provides design, construction, and maintenance management of municipal gas equipment to diverse customers.
Competitiveness
Stable construction capabilities based on long-term trusted relationships
Customers
  • Municipal gas operators
  • Building management companies
  • Housing development companies
  • Facility management companies
  • Commercial facility operators
Products
  • Gas piping design and construction
  • Gas leak inspection services
  • Meter installation works
  • Safety inspection services
  • Existing equipment maintenance

Electrical Equipment Services

Overview
Provides electrical equipment works and maintenance for various facilities, supporting improved reliability.
Competitiveness
Advanced safety management systems and technological capabilities
Customers
  • Office building management companies
  • Factory facility operators
  • Commercial facility operators
  • Public institutions
  • Hospitals and medical facilities
Products
  • Electrical wiring design and construction
  • Lighting equipment works
  • Disaster prevention equipment installation
  • Regular maintenance inspections
  • System upgrade works

Air Conditioning Equipment Services

Overview
Deploys air conditioning equipment design, construction, and maintenance to create comfortable spaces.
Competitiveness
Support for cost reduction through energy-saving technology introductions
Customers
  • Building management companies
  • Commercial facility managers
  • Factory facility owners
  • Medical facilities
  • Educational institutions
Products
  • Air conditioning equipment design and construction
  • Energy-saving system introductions
  • Regular maintenance
  • Breakdown response services
  • Environmental burden reduction measures

Water Supply, Drainage, and Sanitation Equipment

Overview
Provides construction and management of various water supply and drainage equipment to improve sanitary environments.
Competitiveness
High-quality equipment construction and rapid response capabilities
Customers
  • Apartment management associations
  • Public facilities
  • Commercial facilities
  • Factories
  • Hospitals and welfare facilities
Products
  • Water supply and drainage equipment design and construction
  • Sanitation equipment introductions
  • Maintenance services
  • Water quality inspections
  • Equipment renovation works

Civil Engineering and Architectural Works Contracting

Overview
Widely contracts public and private civil engineering and architectural works, earning trust through reliable construction.
Competitiveness
Abundant track record and high construction management capabilities
Customers
  • Local governments
  • Architectural contractors
  • Real estate developers
  • Public project issuers
  • Private companies
Products
  • Road paving
  • Water and sewage facility works
  • Embankment and site development works
  • Architectural foundation works
  • Building construction works

Maintenance Services

Overview
Specializes in maintenance management for safety maintenance and longevity of various equipment.
Competitiveness
Rapid response by experienced specialist technicians
Customers
  • Office buildings
  • Commercial facilities
  • Hospitals
  • Factories
  • Public facilities
Products
  • Regular equipment inspections
  • Emergency repair responses
  • Upgrade work proposals
  • Environmental safety management
  • Maintenance contract services

New Technology Introduction Support

Overview
Technology support services for latest equipment introductions and enhanced environmental responses.
Competitiveness
Technological capabilities adaptable to the latest technology trends
Customers
  • Building owners
  • Factory managers
  • Local governments
  • Real estate developers
Products
  • Energy-saving equipment design
  • Smart building technology introductions
  • Environmental burden reduction consulting
  • Equipment upgrade plan development

Safety, Quality, and Environmental Management

Overview
Supports business risk reduction through integrated management of safety, quality, and environment.
Competitiveness
Proven management track record and legal compliance systems
Customers
  • Internal projects
  • Partner companies
  • Public-related projects
Products
  • Safety management system development
  • Quality management systems
  • Environmental management
  • Risk assessments

Materials Procurement and Logistics

Overview
Efficiently provides materials procurement and logistics optimization necessary for construction.
Competitiveness
Extensive procurement network and optimal delivery systems
Customers
  • Construction divisions
  • Partner companies
Products
  • Architectural materials procurement
  • Equipment logistics management
  • Materials delivery management

Training and Technical Education

Overview
Achieves improved construction quality and safety through human resource development.
Competitiveness
Abundant training programs and track record
Customers
  • In-house technicians
  • Partner company technicians
Products
  • Safety training
  • New technology training
  • On-site technical guidance

Competitive Advantage

Strengths

  • Strong transaction base with Tokyo Gas
  • Specialized gas piping construction technology
  • High construction quality in comprehensive equipment works
  • Robust safety management systems
  • Community-based service provision
  • Abundant long-term construction track record
  • Securing trained technicians
  • Stable financial foundation
  • Capabilities for latest equipment
  • Rapid emergency response capabilities
  • Flexible customer response capabilities
  • Legal compliance and environmental considerations
  • Services across diverse technical fields
  • Ongoing technical training implementation
  • Strong client network

Competitive Advantages

  • Trusted relationships with major gas operators like Tokyo Gas
  • Ability to provide diverse equipment works on a one-stop basis
  • High technology in specialized piping works
  • Meticulous customer service rooted in the region
  • Enhanced reliability through thorough safety and quality management
  • Superiority from accumulated rich construction experience
  • Introduction of technologies to reduce environmental impact from construction
  • Rapid construction response and problem-solving capabilities
  • Possession of unique construction management know-how
  • High standards compliance in labor safety and health
  • Response capabilities aligned with local laws and regulations
  • One-stop provision of diverse architecture-related services
  • Strong collaboration systems with partner companies
  • Commitment to continuous technological innovation
  • Long-term construction feasibility due to financial stability

Threats

  • Risk to earnings stability from fluctuations in construction demand
  • Intensifying price competition with competitors
  • Cost increases from construction materials price fluctuations
  • Difficulty securing technicians due to labor shortages
  • Increased construction burdens from strengthening environmental regulations
  • Risk of construction delays from natural disasters
  • Decline in social credibility from safety accidents
  • Decline in competitiveness from delays in technological innovation
  • Market share pressure from new entrants
  • Reduction in public projects due to economic fluctuations
  • Increased adaptation costs from legal and regulatory changes
  • Delays in responding to diversifying customer needs

Innovations

2024: Introduction of Energy-Saving Compatible Gas Piping Works Technology

Overview
Developed and implemented on-site piping methods superior in energy efficiency.
Impact
Contributes to improved works quality and energy consumption reduction

2023: Renewal of Safety Management IT System

Overview
Introduced a system to streamline safety management at construction sites using IT.
Impact
Achieved accident reduction and work efficiency improvements

2022: Development of Low-Environmental-Impact Air Conditioning Equipment Construction Technology

Overview
Began on-site introduction of the latest air conditioning methods that suppress environmental impact.
Impact
Improved customer satisfaction and acquired environmental response evaluations

2021: Strengthened Construction Management Using Remote Monitoring Systems

Overview
Introduced a system allowing remote site status checks by supervisors.
Impact
Contributed to management efficiency and quality maintenance

2020: Implementation of New Construction Safety Education Program

Overview
Renewed and implemented safety education programs for employees.
Impact
Successfully reduced industrial accident rate

Sustainability

  • Active introduction of energy-saving construction technologies
  • Promotion of resource recycling at sites
  • Strengthening of safety, quality, and environmental management systems
  • Participation in local environmental protection activities
  • Thorough compliance with labor safety and health laws