Bunka Shutter

Basic Information

Stock Code
5930
Industry
Metal Products
Category Detail
Construction Materials & Equipment
Prefecture
Tokyo
Establishment Year
April 1955
Listing Year
November 1973
Official Website
https://www.bunka-s.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Maruo Calcium, Nishisho Electric, Nichi Riki Group, Nichia Steel, Almetax, Sanwa Holdings, Sanko Holdings, Toyo Shutter, Fuji Sash, Nisshin Engineering, Dengyosha Kikai Seisakusho, Furutech, Nichiha, Sankyo Kasei

Overview

Bunka Shutter is a comprehensive building materials manufacturer founded in 1955, and as the No. 2 company in the shutter industry, it has strengths in aluminum building materials for residential and commercial buildings and the remodeling business.

Current Situation

Bunka Shutter achieved consolidated sales of 221.1 billion yen in the fiscal year ending March 2024 and is one of the leading companies in the metal products manufacturing industry, headquartered in Bunkyo-ku, Tokyo. It has established the No. 2 position in the industry primarily in shutters and aluminum building materials in the residential and building markets. It is expanding its customer base through proactive remodeling business development. It operates overseas subsidiaries including in Vietnam, strengthening its global production and sales structure. In product development, it has introduced advanced technologies such as environmentally friendly high-speed sheet shutters and wireless hazard prevention devices, achieving both performance improvements and safety. It is also working on reducing its own environmental impact through installations such as solar power plants. Through collaboration with group companies, it is expanding a diverse range of building materials products to meet diversifying market demands. In the future, it will advance medium- to long-term growth strategies through support for fire prevention standard legislation and promotion of disaster-response products. Since 2023, it has continued sports support activities through partnership agreements.

Trivia

Interesting Facts

  • No. 2 market share in the shutter industry, following Sanwa Shutter.
  • Flying disc company team holds Japanese record with 18 consecutive championships.
  • Company name written as 'Shiyatta' but pronounced 'Shutter'.
  • Handled renewal of Asakusa Nakamise shutter mural.
  • High-speed low-vibration grill shutter 'Daiseikai' highly evaluated in logistics industry.

Hidden Connections

  • Partner agreement with Urawa Red Diamonds for soccer support activities.
  • Joint efforts with Vietnam Ministry of Construction on fire standards legislation to promote overseas expansion.
  • Diversified building materials business including steel frames and metal window frames through group companies.
  • Early introduction of ID tag-based product history management system to strengthen quality control.
  • Company emblem 'BX' brand renewed in 2004 for current image.
  • Actively acquires Japan Environment Association Eco Mark certifications to promote environmental efforts.
  • In 2015, reduced trading unit from 1,000 to 100 shares to broaden investor base.
  • 29.97% stake in Vietnam's Eurowindow to strengthen Asian expansion.

Future Outlook

Growth Drivers

  • Recovery in residential and building new construction demand and expansion of remodeling market
  • Investment in environmentally friendly products and rising energy-saving needs
  • Improved cost competitiveness through expansion of global production bases
  • Market expansion corresponding to legislation for safety and disaster prevention products
  • Shift to smart equipment utilizing digital technology
  • Brand strengthening through collaboration with local communities
  • Increasing demand for high-speed shutters in logistics facilities
  • Enhanced corporate value through sports and cultural support with partner companies
  • Sustainable growth through talent development and organizational capability improvement
  • Strengthened multi-product対応 in building materials industry

Strategic Goals

  • Maintain and expand industry share to over 25%
  • Develop products achieving 30% reduction in environmental impact
  • Expand overseas business sales to over 10 billion yen
  • Achieve 50% or more of lineup as digital-compatible products
  • Strengthen regional disaster response collaboration and expand social contribution activities

Business Segments

Residential Building Materials Manufacturing & Sales

Overview
Manufactures and provides diverse shutters, window products, and exterior components for the residential market.
Competitiveness
Diverse product lineup and high security performance
Customers
  • Housing Manufacturers
  • Construction Companies
  • Remodeling Contractors
  • General Consumers
Products
  • Lightweight Shutters
  • Window Shutters
  • Exterior Products

Commercial Building & Facility Building Materials Manufacturing

Overview
Deploys primarily fire- and smoke-prevention equipped shutters for commercial buildings and factories.
Competitiveness
High-performance fire shutters and high-speed sheet shutters
Customers
  • Commercial Facility Developers
  • Building Management Companies
  • Logistics Companies
  • Manufacturing Companies
Products
  • Heavyweight Shutters
  • Over-Sliding Doors
  • Panel Shutters

Remodeling & Interior Construction

Overview
Deploys building materials and construction services for renovations and maintenance.
Competitiveness
One-stop design and construction services
Customers
  • Remodeling Companies
  • Homeowners
  • Commercial Facility Operators
Products
  • Remodeling Shutters
  • Interior Doors
  • Partitions

Overseas Business Expansion

Overview
Strengthens overseas manufacturing and sales bases centered on Vietnam and Taiwan.
Competitiveness
Production cost competitiveness utilizing local subsidiaries
Customers
  • Overseas Construction Companies
  • Local General Contractors
  • Export Clients
Products
  • Various Shutters
  • Building Materials Products

Maintenance & Inspection

Overview
Provides reliable maintenance services centered on existing products.
Competitiveness
Comprehensive nationwide service network
Customers
  • Existing Customers
  • Building Management Contractors
  • Homeowners
Products
  • Shutter Inspections
  • Repair Services
  • After-Sales Support

Special Building Materials Development & Manufacturing

Overview
Promotes planning and development of advanced building materials specialized in disaster prevention and security.
Competitiveness
Incorporation of safety mechanisms using patented technologies
Customers
  • Special Facility Operators
  • Security Companies
  • Construction Design Firms
Products
  • Security Shutters
  • Fire and Smoke Prevention Devices
  • Safety Devices

Architectural Components Processing & Manufacturing

Overview
Manufactures diverse architecture-related products centered on iron building materials.
Competitiveness
Diverse material processing technologies and on-site construction systems
Customers
  • Construction Companies
  • Trading Companies
  • Design and Construction Firms
Products
  • Iron Doors
  • Steel Frames
  • Window Frames

Solar Power System Operations

Overview
Operates renewable energy equipment and maintenance.
Competitiveness
Efficient operations via group network
Customers
  • In-House Group
  • Corporate Investors
Products
  • Solar Power Equipment
  • Maintenance Services

Building Materials Trading

Overview
Wholesale of architectural materials and related components, supporting distribution.
Competitiveness
Abundant product inventory and speedy supply system
Customers
  • Retail Stores
  • Construction Contractors
Products
  • Architectural Materials
  • Remodeling Components

Leasing & Insurance Agency

Overview
Provides leasing and insurance agency services related to building materials.
Competitiveness
Abundant transaction record and reliability
Customers
  • Individual Customers
  • Corporate Customers
Products
  • Leasing Services
  • Insurance Brokerage

Logistics System Equipment

Overview
Develops and sells high-speed opening/closing equipment for logistics sites.
Competitiveness
Customization capabilities tailored to site needs
Customers
  • Logistics Companies
  • Warehouse Operators
Products
  • High-Speed Shutters
  • Dock Shelters

In-Group Equipment Manufacturing

Overview
Handles design, manufacturing, and sales of related equipment.
Competitiveness
High technological capabilities and production efficiency
Customers
  • Group Companies
  • External Customers
Products
  • Elevators
  • Measuring Instruments

Competitive Advantage

Strengths

  • No. 2 brand power in the industry
  • Diverse product lineup
  • Advanced fire and security technologies
  • Collaboration with numerous group companies
  • Establishment of overseas manufacturing subsidiaries
  • Strong customer base and sales network
  • Development capabilities for environmentally friendly products
  • Improved corporate image through sports promotion
  • Nationwide service network
  • Unique patented safety device technology
  • Diversified remodeling business
  • High product quality and reliability
  • Proactive talent development system
  • Disaster-response product development capabilities
  • Collaboration with local communities

Competitive Advantages

  • Top-class position in the residential and building shutter field, next to Sanwa Shutter
  • Strength in building long-term relationships with customers through remodeling business
  • Cost competitiveness and diversified production bases utilizing overseas subsidiaries
  • High-speed low-vibration shutter technology addressing logistics and manufacturing needs
  • Aggressive market introduction of environmentally certified products for differentiation
  • Superior technological capabilities and patents in product safety devices
  • Ability to provide diverse building materials on a one-stop basis
  • Unique corporate culture formed through operation of sports company team
  • Enhanced corporate image through regional contributions such as evacuation facilities during disasters
  • Balance of wide sales channels and direct sales system
  • Product innovation driven by strong R&D team
  • Rapid new product development through synergy with group companies
  • Enhanced brand value with multiple Good Design Awards
  • Customized products corresponding to diverse customer needs
  • Stable capital base and sound finances

Threats

  • Intensifying price competition from industry rivals
  • Risk of fluctuations in raw material steel prices
  • Decline in demand due to economic fluctuations in construction industry
  • Increased manufacturing costs due to stricter environmental regulations
  • Potential productivity decline due to labor shortages
  • Impact of natural disasters on factories and logistics
  • Political and economic risks in overseas subsidiaries
  • Risk of failing to keep pace with technological innovations
  • Delayed response to changes in market needs
  • Increasing IT security risks
  • Business constraints due to legal regulation changes
  • Intensified competition from new entrants

Innovations

2024: New Release of High-Speed Low-Vibration Shutter 'Daiseikai' M2 Freezer Type

Overview
Introduced a new model of high-speed shutter specialized for refrigerated and frozen warehouses.
Impact
Improved market share in frozen logistics market and high energy efficiency.

2023: Launch of Smartphone-Compatible Electric Window Shutter 'Mado Master Smart Type'

Overview
Developed remotely operable electric shutter to improve convenience.
Impact
Successfully acquired new customers in the residential market.

2022: Wireless Hazard Prevention Device 'Magic Safe' Wins Good Design Award

Overview
Improved convenience by wireless-izing safety device for fire and smoke shutters.
Impact
Contributed to life safety improvements and product sales expansion.

2021: Introduction of Environmentally Friendly Hybrid Solar System

Overview
Installed solar power system at shutter manufacturing factory to reduce environmental impact.
Impact
Achieved covering about 10% of electricity consumption with renewable energy.

2020: Expansion of Easy-Installation Flood Barrier 'Tomepita' Series

Overview
Launched new aluminum front with water-stopping function as disaster-response product.
Impact
Achieved new entry into disaster prevention market and increased orders.

Sustainability

  • Enhanced environmentally friendly product design and recyclability
  • CO2 reduction through active introduction of solar power equipment
  • Quality assurance via operation of ISO 17025 certified testing facilities
  • Energy-saving promotion through Good Design Award-winning products
  • Regional disaster support by providing company buildings as temporary evacuation sites