Toyokoh

Basic Information

Stock Code
341A
Industry
Construction
Category Detail
Real Estate & Housing
Prefecture
Shizuoka Prefecture
Establishment Year
March 1996
Listing Year
March 2025
Official Website
https://www.toyokoh.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
FUJI Japan, Takahashi Curtain Wall Industry, Dynamic Map, Zenmutech, Progress

Overview

Toyokoh is a pioneering company in the construction and real estate industry established in 1996, with high-power laser technology for infrastructure maintenance as its core business, contributing to infrastructure preservation for a sustainable society.

Current Situation

Toyokoh listed in March 2025 and is growing as a pioneer in infrastructure preservation in the construction industry. Its main technologies, the high-power rust removal laser device 'Kureiza' and roof repair 'Sosei' using special resin spraying, hold strong advantages over competitors. In recent years, amid growing social concern over aging infrastructure, it has captured increasing demand for bridge and steel tower maintenance services. Management remains solid, having recently achieved a profit turnaround, with active investments for business expansion. Environmentally, it promotes sustainability management by considering CO2 reduction and resource recycling through aging infrastructure repairs. In the medium to long term, it aims to strengthen its revenue base through new business development applying laser technology and diversification of B2B solutions. It is advancing collaborations with local construction companies and manufacturing machinery businesses, expanding both technologically and in customer base. Key challenges ahead include enhancing brand recognition post-listing and continuously advancing new technology development. With business expansion accurately capturing social needs, it concentrates personnel and resources on sustainable infrastructure development.

Trivia

Interesting Facts

  • Pioneer in high-power rust removal laser devices domestically.
  • Successfully developed unique special resins with sustainability in mind.
  • Gaining attention as a specialized building maintenance company headquartered in Shizuoka Prefecture.
  • Rapidly increased industry recognition around the time of listing.
  • Engages in numerous joint ventures with local construction companies.
  • Holds unique technologies in special painting machinery.
  • Approximately 30 years of track record in maintenance field.
  • Numerous awards for sustainable infrastructure preservation technology.
  • Rust removal laser devices highly rated for bridge preservation.
  • Roof repair resins have high environmental consideration indices.
  • Major customers are municipalities and major construction companies.
  • Focuses on technological innovation, with R&D expenses at 10% of sales.
  • First in industry to lineup low-environmental-impact products.
  • Provides longer-term warranty services than competitors.
  • Steadily expanding regional share in building exterior construction materials.

Hidden Connections

  • Designated as a major partner company in local municipalities' infrastructure maintenance projects.
  • Laser technology acquired through technology transfer from joint university research.
  • Has capital and business alliance with local building materials manufacturers.
  • Some special resin products hold domestic patents.
  • Implements vocational experience and technical education programs in collaboration with local high schools.
  • Environmental funds participated as new investors upon listing.
  • Collaborates with several domestic painting machinery manufacturers for parts supply.
  • Also exploring overseas projects in infrastructure maintenance services.

Future Outlook

Growth Drivers

  • Growing demand for social infrastructure aging countermeasures
  • Increasing market evaluation of environmentally compatible products and technologies
  • Multi-purpose expansion of laser technology and new field development
  • Expansion of local government infrastructure maintenance budgets
  • Increasing needs for labor-saving and efficiency in construction industry
  • Diversification of services in B2B segments
  • Increased demand for alternative technologies due to strengthened environmental regulations
  • Advanced maintenance management through digital technology
  • Building trust through strengthened collaboration with local communities
  • Improved fundraising capabilities post-listing and business investment expansion
  • Improved social evaluation emphasizing sustainability
  • Potential for technology licensing business and overseas expansion

Strategic Goals

  • Achieve top domestic share in infrastructure maintenance market
  • Develop and expand laser-related technologies in overseas markets
  • Achieve over 70% sales ratio for low-environmental-impact products
  • Build sustainable material procurement and production systems
  • Expand B2B technical consulting business
  • Secure long-term contracts through improved customer satisfaction
  • Promote CSR activities through strengthened community collaboration
  • Increase annual R&D investment to 15% of sales
  • Improve business efficiency and quality through digitalization
  • Enhance employee satisfaction and promote diversity

Business Segments

Infrastructure Inspection and Repair Services

Overview
Provides inspection and repair services for various infrastructure structures, contributing to safety maintenance.
Competitiveness
Strength in fusion of high-power laser technology and environmental considerations
Customers
  • Municipalities
  • Construction companies
  • Infrastructure maintenance companies
  • Railway operators
  • Electric power companies
  • Bridge managers
Products
  • Laser derusting service
  • Roof repair resin application
  • Exterior maintenance
  • Corrosion inspection
  • Seismic reinforcement support

Special Repair Materials Sales

Overview
Meets diverse construction site needs through sales of high-performance repair materials.
Competitiveness
Product lineup balancing durability and environmental compatibility
Customers
  • Building materials trading companies
  • Carpentry shops
  • Factories
  • Home builders
Products
  • Special repair resin
  • Roof paint
  • Anti-rust coating
  • Repair kits

Painting Machinery Manufacturing and Sales

Overview
Manufacturing and sales business of painting machinery using the latest technology.
Competitiveness
Development capabilities for energy-saving, high-efficiency equipment
Customers
  • Painting factories
  • Automotive parts manufacturers
  • Construction contractors
  • Various manufacturers
Products
  • Electrostatic painting devices
  • Air guns
  • Paint supply devices
  • Painting robots

Technical Consulting

Overview
Provides technical consulting related to customers' infrastructure preservation.
Competitiveness
Team of highly specialized engineers
Customers
  • Public entities
  • Construction companies
  • Manufacturing industry
  • Maintenance companies
Products
  • Infrastructure deterioration analysis
  • Repair planning support
  • Technical training
  • New technology introduction support

Environment-Related Products

Overview
Supports sustainable development with environmentally friendly product lineup.
Competitiveness
Pioneering development of environmental technologies
Customers
  • Environment-related companies
  • Construction projects
  • Public organizations
Products
  • Low environmental impact repair materials
  • Recyclable paints
  • Environmental assessment measurement equipment

Competitive Advantage

Strengths

  • In-house development capabilities for high-power laser technology
  • Unique methods using special repair resins
  • Expertise specialized in infrastructure maintenance
  • Strengthened financial base through listing
  • Revenue stability from diverse business segments

Competitive Advantages

  • Early practicalization of laser derusting technology ahead of competitors
  • Provision of special resin products contributing to reduced environmental impact
  • Regional close-knit maintenance service network
  • Establishment of sales channels for both B2B and consumer
  • Value-added offerings combining technology and services

Threats

  • Risk of fluctuations in infrastructure-related budgets
  • Competition from technological innovations by new entrants
  • Impact of natural disasters on sales activities
  • Burden of product adaptation due to strengthened national environmental regulations
  • Decrease in construction demand due to economic downturn

Innovations

2024: Launch of High-Power Rust Removal Laser 'Kureiza LX-1000'

Overview
Developed and sold high-efficiency, low-environmental-impact laser device for bridge maintenance.
Impact
Achieved market share expansion and strengthened revenue base.

2023: Added Environmentally Friendly Products to Sosei Special Resin Series

Overview
Developed VOC-reduced, recyclable resin repair materials to cut environmental impact.
Impact
Contributed to improved customer satisfaction and regulatory compliance.

2022: Development of Remote Laser Operation Technology

Overview
Introduced remote laser control system to improve safety.
Impact
Achieved worker safety and improved work efficiency.

2021: Started Development of Energy-Saving Painting Machinery Models

Overview
Planned electrostatic painting device series with improved energy efficiency.
Impact
Contributed to reducing customers' operating costs.

2020: Trial Introduction of AI Diagnostic System for Infrastructure Maintenance

Overview
Conducted proof-of-concept experiments with deterioration diagnosis AI linked to laser devices.
Impact
Expected to improve maintenance accuracy.

Sustainability

  • Reducing environmental impact in infrastructure maintenance operations
  • Developing and promoting VOC-reduced resin products
  • Focusing on improving waste recycling rate
  • Strengthening safety and health standards and employee training
  • Participating in local environmental conservation activities
  • Setting and disclosing CO2 emission reduction targets
  • Promoting low-environmental-impact painting machinery
  • Establishing sustainable material procurement standards
  • Supporting suppliers' environmental awareness improvement
  • Strengthening environmental management system
  • Introducing resource-saving and energy-saving technologies
  • Promoting collaboration with local communities