Shinto

Basic Information

Stock Code
5380
Industry
Glass and Stone Products
Category Detail
Construction Materials & Equipment
Prefecture
Aichi Prefecture
Establishment Year
September 1963
Listing Year
February 2001
Official Website
http://www.shintokawara.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Kamishima Chemical Industries, Kawakami Paint, Danto Holdings, Japan Insulation, Tsuruya, Kunimine Kogyo, A&M Material, Nichias, Nichiha, Nepon, Cyfart

Overview

Shinto is a major Sanshu tile manufacturer founded in 1963, with strengths in the roofing materials field centered on flat tiles and functional tiles.

Current Situation

Shinto recorded standalone net sales of approximately ¥5 billion and net profit of approximately ¥240 million for the fiscal year ended June 2023. Centering on its mainstay Sanshu tile manufacturing, it develops innovative products such as environmentally responsive solar tiles and greening tiles, maintaining competitiveness in domestic and international roofing material markets. It has obtained ISO9001 and ISO14001 certifications, strengthening its quality and environmental management systems. It is actively entering the renovation market, with growth expected. In January 2024, it listed on the Sapporo Securities Exchange Main Market, aiming for fundraising and corporate value enhancement. In the future, it will focus on expanding sustainable products and new technology development to achieve mid- to long-term market share expansion. While in a stable growth phase backed by stable domestic demand and differentiation from competitors, it is also affected by raw material price fluctuations and construction market trends.

Trivia

Interesting Facts

  • Pioneered industry commercialization of solar tiles integrating tiles and solar panels
  • Roof greening tiles using moss are an industry-first initiative
  • Offers flat tile 'Seram F Flat' product with Good Design Award history
  • Supports regional industries as a traditional Sanshu tile manufacturer based in Takahama City
  • Developed demon tile interior product 'Oniwa Iemori' to open new markets

Hidden Connections

  • Technology sharing advances within the building materials industry through collaboration among Sanshu tile manufacturers
  • Actively participates in local Takahama City's environmental conservation activities to strengthen regional ties
  • Company growth process from local exchange listing to Sapporo Main Market listing is drawing attention
  • Deep connections with architecture design offices nationwide through fusion of Sanshu tile tradition and modern technology

Future Outlook

Growth Drivers

  • Increasing demand in housing market seeking improved environmental performance
  • Expansion of solar tile demand due to promotion of renewable energy utilization
  • Stable growth in the renovation market
  • Maintenance of regional housing construction and technological innovation
  • Increasing demand for environmentally considerate materials amid decarbonization society push

Strategic Goals

  • Achieve zero environmental impact manufacturing processes
  • Functional tiles such as solar tiles to account for over 50% of sales
  • Stabilize business through increased renovation sector sales
  • Enhance corporate value and recognition on Sapporo Main Market
  • Establish sustainable industry model through collaboration with local community

Business Segments

Building Materials Supply

Overview
Supplies high-quality roofing materials and related materials to construction sites.
Competitiveness
Long-cultivated tile manufacturing technology and quality management system
Customers
  • Construction Companies
  • Home Builders
  • Renovation Contractors
  • Local Builders
Products
  • Various Sanshu Tiles
  • Functional Tiles
  • Roof Insulation Materials
  • Waterproof Sheets

Renovation Market Oriented

Overview
Provides diverse roofing materials to meet renovation demand.
Competitiveness
Proven track record as pioneer of environmentally considerate roofing materials
Customers
  • Renovation Contractors
  • Homeowners
  • Design Offices
Products
  • Renovation Roofing Materials
  • Decorative Oniwa
  • Greening Roof System

Overseas Market Development

Overview
Advances exports of roofing materials overseas and material development.
Competitiveness
Supply capabilities for high-quality Japanese- and Western-style tiles
Customers
  • Building Materials Exporters
  • Overseas Construction Companies
Products
  • Flat Tiles for Export
  • Functional Roofing Materials

Competitive Advantage

Strengths

  • High technology and brand strength in Sanshu tiles
  • Unique functional tile development capabilities
  • Quality and environmental management via ISO9001 and ISO14001 certifications
  • Cost control through concentrated domestic production base operations
  • Active entry into the renovation market

Competitive Advantages

  • Pioneering productization of environmentally considerate solar tiles
  • Good Design Award achievements in the flat tile field
  • Strong collaboration with local industries centered on Takahama City
  • Ongoing material development and technological innovation
  • Rich lineup of roofing material products

Threats

  • Demand impact from construction market economic fluctuations
  • Risk of raw material price fluctuations such as clay
  • Intensifying competition in the renovation market
  • Market pressure from low-priced overseas roofing products
  • Risk of production and logistics disruptions from natural disasters

Innovations

2024: Listing on Sapporo Securities Exchange Main Market

Overview
Listed shares on the Sapporo Securities Exchange Main Market in January 2024.
Impact
Enhanced growth base through improved fundraising power and corporate recognition

2023: Improved Development of Environmentally Responsive Solar Tiles

Overview
Achieved performance improvements and cost reductions for solar panel-integrated tiles.
Impact
Succeeded in expanding sales and developing environmentally conscious markets

2022: Market Launch of Oniwa Iemori Interior Product

Overview
Successfully interiorized traditional demon tiles, opening new markets.
Impact
Contributes to increased sales opportunities in non-residential uses

2021: Commercialization of Roof Greening Tiles for Renovation Market

Overview
Successfully productized moss-utilizing roof greening tiles.
Impact
Well-received as environmentally valuable product

2020: ISO14001 Environmental Management System Renewal Acquisition

Overview
Implemented certification renewal to continue reducing environmental impact.
Impact
Improved environmental contributions and corporate evaluation

Sustainability

  • Environmental impact reduction activities through ISO14001 certification
  • Promotion of renewable energy via solar tiles
  • Heat island countermeasures through roof greening tiles
  • Product modularization aimed at reducing waste materials
  • Participation in local community-based environmental conservation activities