Nippon Insulation
Basic Information
- Stock Code
- 5368
- Industry
- Glass & Mineral Products
- Category Detail
- Construction Materials & Equipment
- Prefecture
- Osaka Prefecture
- Establishment Year
- January 1949
- Listing Year
- March 2020
- Official Website
- https://www.jic-bestork.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Landix, Keyware, Kamishima Chemical Industries, Danto Holdings, Shinto, Tsuruya, Kunimine Industries, A&E Material, Nichias, Nichiha, Wireless G
Overview
Nippon Insulation, established in 1949 with headquarters in Osaka, is a company with high technological capabilities in the building materials industry, primarily focused on calcium silicate-based refractory and insulation materials.
Current Situation
Nippon Insulation recorded consolidated sales of approximately ¥14.3 billion and ordinary income of approximately ¥2.2 billion in the fiscal year ended March 2021, maintaining a stable financial base. Its flagship calcium silicate-based insulation materials are highly evaluated for their fire resistance and technology in construction and plant applications, establishing a solid position in the domestic market. In recent years, the company has focused on developing base isolation compatible products and high-performance non-combustible decorative building materials, expanding its product lineup. Backed by over 100 years of history since its founding, it has obtained ISO9001 and ISO14001 certifications and is promoting environmentally considerate management. It listed on the Tokyo Stock Exchange Standard Market in 2020, strengthening its fundraising capabilities. In the future, it aims for growth through new applications leveraging refractory and insulation technology and overseas expansion. It continues to pursue asbestos-free products and technology exports for energy-saving construction methods, securing technological superiority in the industry. It also maintains operations of factories and technical research institutes rooted in the region, striving to improve quality and services.
Trivia
Interesting Facts
- Founded in 1914 with over 100 years of history
- Known as a pioneer in asbestos-free conversion in the building materials industry
- Experience in technology exports of refractory and insulation technology to multiple overseas companies
- Received numerous awards including Energy-Saving Excellent Product Award and Chemical Technology Award
- Gifu City factory certified as JIS display permitted factory
- First in the building materials industry to obtain ISO9002 registration certification
- Multiple methods registered in MLIT NETIS
- Received financing from Japan Policy Finance Bank for environmentally considerate management
- Listed on TSE Standard Market in 2020
- Also manufactures fire bricks and refractory linings
- Manufacturer of Keical boards with high fire resistance
- Developing products for building base isolation technology
- Approximately 360 employees, classified as a mid-sized company
- Multiple sales offices and technical research bases nationwide
- Representatives: Kenichi Ohashi (Chairman), Tomohiko Yoshii (President)
Hidden Connections
- Strengthened industry collaboration by granting production and sales licenses for refractory materials to Nichias
- International technology exchange with Belgium's Eternit through export of refractory technology
- Strengthened management base by receiving promotional financing for environmentally considerate management from Japan Policy Finance Bank
- Participates in regional environmental conservation activities in collaboration with local governments nationwide
- Contributes to public works by developing multiple NETIS-registered methods based on ISO certifications from MLIT
- Continuous technology succession from the former Osaka Packing Manufacturing era is a strength
- Kitasei factory regularly updates equipment with latest technology to improve production efficiency
- Participates in industry associations aiming to improve labor safety and health standards with peers
Future Outlook
Growth Drivers
- Expansion of base isolation and seismic needs in construction
- Demand for asbestos-free and eco-building materials in response to strengthened environmental regulations
- Growing awareness of energy saving and resource conservation
- Increase in regional redevelopment and urban infrastructure investment
- New market development through technology alliances and OEM
- Increasing demand for refractory and insulation technology in overseas markets
- Increase in new buildings in construction and plant sectors
- Shift to high-quality, high value-added products
- Technological innovations supporting improved construction efficiency
- Growing demand for energy-saving materials aiming for sustainable society
- Market expectations for long-life, maintenance-free products
- Stable domestic demand and growth opportunities through overseas base establishment
Strategic Goals
- Maintain and expand top-class domestic share in refractory and insulation materials
- Market segment expansion through base isolation materials and new technologies
- Achieve over 70% sales ratio of environmentally considerate products
- Continuous strengthening of ISO and environmental management systems
- Increase in technology licensing to overseas markets
- Lead innovation in building materials through new material development
- Enhance production efficiency and flexible customer response
- Promote digitalization of supply chain and risk diversification
- Expand product lines contributing to global warming countermeasures
- Organizational strengthening through employee development and diversity promotion
Business Segments
Insulation Materials for Building Materials
- Overview
- Provides high fire-resistant and high-insulation performance materials for the construction sector.
- Competitiveness
- Long-cultivated refractory technology and asbestos-free manufacturing
- Customers
-
- Construction companies
- Architectural design offices
- Building material distributors
- General contractors
- Equipment contractors
- Products
-
- Calcium silicate insulation boards
- Fire-resistant insulation panels
- Non-combustible decorative building materials
Insulation Materials for Plant Equipment
- Overview
- Stable supply of refractory insulation materials for high-temperature plant equipment.
- Competitiveness
- Strict fire resistance certifications and energy-saving track record
- Customers
-
- Chemical plant companies
- Power plants
- Steel mills
- Oil refineries
- Industrial equipment companies
- Products
-
- High-temperature compatible insulation materials
- Fireproof covering materials
- Industrial insulation panels
Technology OEM and Licensing
- Overview
- Promotes OEM production and licensing through technology provision.
- Competitiveness
- Reliable product lineup based on proprietary technology
- Customers
-
- Domestic and overseas building material manufacturers
- Industrial material manufacturers
- Products
-
- Insulation material manufacturing technology
- Fireproof covering methods
- Construction technology
Construction Services
- Overview
- High-quality construction services by specialized teams.
- Competitiveness
- Construction know-how backed by years of experience
- Customers
-
- Construction sites
- Plant contractors
- Pipe contractors
- Products
-
- Insulation construction
- Refractory work
- Base isolation related construction
Environmentally Friendly Material Provision
- Overview
- Provides products and services emphasizing reduction of environmental impact.
- Competitiveness
- Environmental management system based on ISO14001 certification
- Customers
-
- Recycling companies
- Environmental plants
- Local governments
- Products
-
- Recycled insulation materials
- Environmentally considerate boards
- Energy-saving products
Base Isolation/Earthquake Resistance Related Materials
- Overview
- Supplies high-function building materials for base isolation structures and seismic retrofitting.
- Competitiveness
- Product development capability corresponding to architectural design
- Customers
-
- Construction design companies
- Contractors
- Real estate developers
- Products
-
- Base isolation insulation panels
- Fireproof coverings
- Special adhesives
R&D Partnerships
- Overview
- Promotes technological innovation and product advancement through joint research.
- Competitiveness
- Proven R&D track record and team of engineers
- Customers
-
- Industry-academia collaboration institutions
- Corporate research labs
- Technology think tanks
- Products
-
- New material development
- Refractory technology improvements
- Prototype products
Building Material Sales Agency
- Overview
- Sales agency operations utilizing a nationwide network.
- Competitiveness
- Construction of extensive sales channel network
- Customers
-
- Local building material distributors
- Specialty trading companies
- Carpentry shops
- Products
-
- Various insulation materials
- Fire-resistant panels
- Fireproof covering materials
Logistics Support Services
- Overview
- Supports delivery management with efficient logistics services.
- Competitiveness
- Own warehouses and optimized delivery network
- Customers
-
- Manufacturing factories
- Sales agencies
- Construction sites
- Products
-
- Product storage
- Shipping management
- Delivery arrangements
Maintenance & After-Sales Service
- Overview
- Regular inspection and repair services for safety maintenance.
- Competitiveness
- Prompt response by engineers with specialized knowledge
- Customers
-
- Building owners
- Management companies
- Plant operators
- Products
-
- Insulation material repairs
- Refractory layer inspections
- Technical support
Special Environment Compatible Material Development
- Overview
- Development of advanced functional materials for special applications.
- Competitiveness
- High technological adaptability in niche markets
- Customers
-
- Nuclear-related facilities
- Special factories
- Research institutions
- Products
-
- Heat-resistant special boards
- Radiation protection materials
- High-insulation composite materials
International Technology Licensing
- Overview
- Active expansion of technology licensing for overseas markets.
- Competitiveness
- Reliability from long-accumulated technology
- Customers
-
- Overseas building material manufacturers
- Exporters
- Technology research institutions
- Products
-
- Insulation technology
- Refractory material manufacturing methods
- Construction technology
Competitive Advantage
Strengths
- Advanced calcium silicate-based refractory technology
- Early adoption of asbestos-free products
- Comprehensive technology development and quality control systems
- Established brand and strong customer base from long history
- ISO9001 and ISO14001 certifications
- Diverse product lineup with fire resistance certifications
- Abundant construction technology and service provision capabilities
- Reliability from TSE Standard listing
- Nationwide sales offices and network
- Stable supply from own factories and technical research institute
- Promotion of environmentally considerate management
- Ownership of numerous patented technologies
- Customer trust from long-term transaction history
- Flexible response to diverse industry needs
- Development and implementation record of energy-saving methods
Competitive Advantages
- Solid position in the domestic building refractory insulation material market
- Pioneer in asbestos-free products ensuring safety and reliability
- Commercialization of advanced technologies such as base isolation compatible products
- International recognition of technology through patents and exports
- Multi-purpose expansion possible with diverse fire resistance certifications
- Balance of regionally rooted production bases and nationwide sales network
- Leadership in the industry aiming for environmental impact reduction
- Customer satisfaction through construction know-how and after-sales service
- Stable financial base from strengthened capital
- Market differentiation through proprietary fireproof covering methods
- High-quality management system based on ISO certifications
- Deep trust relationships and long-term contracts with existing customers
- Energy-saving effects provided by innovative insulation technology
- High capability for product customization
- R&D capabilities through industry-academia-government collaboration
Threats
- Intensifying competition in the building materials market
- Price fluctuation risks in raw materials
- Competitive pressure from major building material manufacturers
- Changes in product standards due to strengthened regulations
- Lagging behind due to delays in adopting new technologies
- Increasing costs for environmental regulation compliance
- Decline in market share from new entrants
- Decrease in construction investment due to economic fluctuations
- Decline in productivity due to labor shortages
- Deterioration of export environment from international trade friction
- Impact of natural disasters on factories and logistics
- Technology succession issues due to aging engineers
Innovations
2023: Development of new base isolation compatible refractory insulation material
- Overview
- Developed and launched lightweight insulation material with high fire resistance for base isolation structure applications.
- Impact
- Contributes to sales expansion by meeting base isolation demand in construction.
2022: Improvement of construction system for enhanced construction efficiency
- Overview
- Improved insulation material construction methods to achieve shorter construction periods and higher quality.
- Impact
- Achieved improved customer satisfaction and cost reductions.
2021: Development of environmentally considerate recycled board
- Overview
- Newly developed environmentally friendly insulation board reusing waste materials.
- Impact
- Contributes to reducing environmental impact and improving SDGs evaluation.
2020: Completion of asbestos-free technology for fireproof covering materials
- Overview
- Achieved complete asbestos-free conversion of all products to improve safety.
- Impact
- Reliably advances market share maintenance and regulatory compliance.
Sustainability
- Reduction of workers' health risks through complete asbestos-free products
- Maintenance of ISO14001 certification and promotion of environmentally considerate management
- CO2 reduction activities through introduction of energy-saving equipment
- Promotion of waste recycling and improvement of recycling rate
- Ongoing efforts to ensure safety of refractory materials and reduce environmental impact