Toyo Shutter

Basic Information

Stock Code
5936
Industry
Metal Products
Category Detail
Construction Materials & Equipment
Prefecture
Osaka Prefecture
Establishment Year
September 1955
Listing Year
October 1975
Official Website
https://www.toyo-shutter.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
ZOA, A&A M, Almetax, Sanwa Holdings, Bunka Shutter, Sankyo Tateyama, Fuji Sash, Fulltech, IA G

Overview

Toyo Shutter is a metal products manufacturer founded in 1955 with its head office in Osaka, holding the third position in the domestic shutter industry and excelling in door knob and door handle manufacturing.

Current Situation

Toyo Shutter recorded consolidated sales of approximately 22.5 billion yen in the fiscal year ending March 2020, maintaining sound finances. It mainly supplies shutters and door-related products to commercial facilities, buildings, and homes, boasting the third-largest market share in Japan after Sanwa Shutter Kogyo and Bunka Shutter. In 2011, it entered a capital and business alliance with Germany's Hörmann Group, enhancing global technology exchange and financial strength. In technology development, it focuses on disaster-prevention shutters and highly durable door knobs to improve safety and functionality. Although it has not entered the exterior business in recent years, it has established a unique position in the residential building materials sector for door handles. It is advancing environmentally friendly products and energy-saving products while considering sustainability. In response to market changes, it continues to strengthen its diverse product lineup and investments, pursuing a strategy for medium- to long-term growth.

Trivia

Interesting Facts

  • Official notation is 'Shiyatteru', not 'Shutter'.
  • Toyo Shutter is Japan's third-largest shutter manufacturer.
  • Entered capital and business alliance with Germany's Hörmann.
  • Among top in domestic production of residential door knobs and handles.
  • Head office located in Minamisenba, Chuo-ku, Osaka City.
  • Absorbed and merged former Toyo Shutter in 1973, updating corporate establishment.
  • Only one of the big three not yet entered exterior business.
  • Once sponsored TBS news programs.
  • Takarazuka Tsurube and Mina Tanaka have appeared in TV commercials.
  • Germany's Hörmann Group is the largest shareholder with approx. 19% ownership.
  • Also engages in environmental furniture manufacturing besides shutters.
  • Consolidated employees approx. 540, mid-sized manufacturing.
  • Stock code 5936, listed on Tokyo Stock Exchange Standard Market.
  • Stable brand image from long-term steady management.
  • Formerly listed on Osaka Securities Exchange Second Section.

Hidden Connections

  • Capital alliance with Germany's Hörmann Group has strengthened technology exchange and overseas expansion cooperation.
  • Employee stockholding association and client stockholding association exist, forming stable shareholder composition.
  • As an Osaka-origin company, maintains strong relations with local architectural materials market.
  • Competes with shutter industry leaders Sanwa Shutter and Bunka Shutter while carving out niches.
  • Yet to enter exteriors in residential building materials but strong unique position in door knobs and handles.
  • Kansai-region centered customer base is a strength, differentiating from nationwide competitors.
  • History of TV commercials and news sponsorship contributing to consumer awareness.
  • Disaster-prevention shutter development leads to stable performance and socially important products.

Future Outlook

Growth Drivers

  • Increase in urban infrastructure renewal and renovation demand
  • Expansion of needs for disaster prevention and energy-saving products
  • Stable demand in domestic housing market
  • Acceleration of new technology introduction via technical alliances
  • Market expansion for environmentally friendly products
  • IoT and smart home linked product development
  • Demand for safety products in aging society
  • Strengthening of earthquake and disaster resistance in public facilities
  • Demand for high-quality products in overseas markets
  • Shift to sustainable manufacturing processes
  • Enhancement of product maintenance services
  • Expansion of online sales channels

Strategic Goals

  • Maintain top 3 in domestic shutters and residential building materials
  • Raise disaster prevention product sales ratio above 30%
  • Achieve 50% sales ratio for environmentally compatible products
  • Expand overseas business with capital alliance partners
  • Market penetration of smart locks and IoT products
  • Cost reduction through 20% production efficiency improvement
  • Promotion of employee diversity and better work environment
  • Reduce CO2 emissions 40% from 2015 levels
  • Introduce product lifecycle management
  • Increase repeat rate through improved customer satisfaction

Business Segments

Architectural Materials Supply

Overview
Supplies a wide range of architectural materials and related products to construction and renovation industries, with comprehensive delivery support.
Competitiveness
Product lineup covering diverse architectural needs and reliable delivery system
Customers
  • Construction companies
  • Carpentry shops
  • Home builders
  • Commercial facility developers
  • Public facility managers
  • Renovation contractors
  • Real estate management companies
  • Design offices
  • Developers
  • Trading companies
Products
  • Various shutters
  • Door knobs & handles
  • Steel doors
  • Fire doors
  • Insulated doors
  • Automatic door systems
  • Commercial facility building materials
  • Residential materials
  • Disaster prevention equipment
  • Environmental furniture

Industrial Facility Equipment

Overview
Provides safety-focused large shutters and high-function doors for factories and logistics facilities, supporting efficiency improvements.
Competitiveness
Advanced safety standard-compliant products and comprehensive maintenance system
Customers
  • Factory managers
  • Warehouse operators
  • Logistics companies
  • Commercial operators
  • Facility management companies
  • Material storage operators
  • Public infrastructure managers
  • Design and construction companies
  • Industrial material wholesalers
  • Maintenance companies
Products
  • Large factory shutters
  • Logistics warehouse shutters
  • Safety disaster-prevention shutters
  • Wind-resistant shutters
  • Industrial doors
  • Door opening/closing control systems
  • Soundproof doors
  • Fire-resistant doors
  • Large automatic doors
  • Facility environmental furniture

Residential Product Sales

Overview
Provides a variety of safe and comfortable products tailored to the residential market, also developing renovation demand.
Competitiveness
High-quality products, sales support system, and design proposal capabilities
Customers
  • Residential builders
  • Renovation contractors
  • New home manufacturers
  • Residential equipment retailers
  • Home centers
  • Detached home owners
  • Condominium management associations
  • Design offices
  • Residential sales agents
  • DIY shops
Products
  • Residential shutters
  • Door knob & handle sets
  • Insulated doors
  • Disaster-prevention shutters
  • Residential steel doors
  • Residential lock systems
  • Decorative door handles
  • Window & sash related products
  • Security products
  • Environmental furniture

Commercial Facility Solutions

Overview
Enhances space value for large commercial facilities with products emphasizing convenience and safety.
Competitiveness
Product lineup addressing diverse facility needs and reliable maintenance system
Customers
  • Developers
  • Commercial facility operators
  • Tenant management companies
  • Architectural design offices
  • Disaster prevention equipment staff
  • Security companies
  • Construction contractors
  • Maintenance companies
  • Facility management companies
  • Shopping mall operators
Products
  • Commercial facility shutters
  • Disaster-prevention shutters
  • Large automatic doors
  • Commercial facility handles
  • Fire doors
  • Security locks
  • Control systems
  • Environmental furniture
  • Facility maintenance supplies
  • Energy-saving building materials

Public Infrastructure Equipment

Overview
Supplies safe and durable equipment and materials for public facilities and transportation.
Competitiveness
High safety standard compliance and understanding of administrative needs
Customers
  • Municipalities
  • Public facility managers
  • Transportation infrastructure management companies
  • Schools & educational facilities
  • Hospitals & medical facilities
  • Transportation operators
  • Disaster prevention administrative agencies
  • Public works contractors
  • Local governments
  • Public construction companies
Products
  • Fire-resistant & disaster-prevention shutters
  • Public facility doors
  • Automatic opening/closing doors
  • High-function lock systems
  • Environmental furniture
  • Soundproof products
  • Wind-resistant doors
  • Facility construction materials
  • Safety equipment
  • Energy-saving building materials

Environmental Furniture Provision

Overview
Provides environmentally friendly, multi-purpose furniture products for various facilities to improve convenience.
Competitiveness
Environmental adaptation technology and customization capabilities
Customers
  • Transportation
  • Public facilities
  • Commercial facilities
  • Offices
  • Educational institutions
  • Medical institutions
  • Event facilities
  • Cultural facilities
  • Commercial facility operators
  • Municipalities
Products
  • Environment-adaptive furniture
  • Durable storage furniture
  • Energy-saving functional furniture
  • Multi-function benches
  • Folding chairs
  • Storage cabinets
  • Lockers
  • Partitions
  • Public transportation furniture
  • Mobile storage

Overseas Expansion Business

Overview
Expands sales channels by offering Japanese-quality shutters and building materials to overseas markets.
Competitiveness
High-quality products leveraging Japanese technology and local adaptation capabilities
Customers
  • Overseas construction companies
  • Overseas real estate developers
  • International commercial facility operations
  • Overseas home manufacturers
  • Disaster prevention equipment sellers
  • International logistics companies
  • Overseas factory operators
  • Overseas building material wholesalers
  • Foreign government agencies
  • Overseas design offices
Products
  • Exported shutters
  • Doors & building materials
  • Disaster prevention equipment
  • Environmental furniture
  • Construction materials
  • High-function fire products
  • Electric control systems
  • Residential materials
  • Commercial facility products
  • Custom products

Maintenance & Service Business

Overview
Improves product lifespan and customer satisfaction through after-sales services and maintenance for handled products.
Competitiveness
Nationwide maintenance system and prompt service provision
Customers
  • Construction companies
  • Facility management companies
  • Commercial facility operations
  • Public facility management
  • Residential management companies
  • Factory managers
  • Real estate management companies
  • Logistics companies
  • Maintenance contractors
  • Developers
Products
  • Shutter maintenance service
  • Door inspection & repair
  • Disaster prevention equipment maintenance
  • Lock system maintenance
  • Automatic door maintenance
  • Building material repair
  • Environmental furniture maintenance
  • Regular inspection programs
  • Emergency response service
  • Post-construction support

Architectural Design Support Business

Overview
Contributes to design efficiency with specialized support from product selection to design adjustments for designers.
Competitiveness
Rich technical information and support closely tied to design sites
Customers
  • Design offices
  • Architects
  • Carpentry shops
  • Construction consultants
  • Developers
  • Architectural material wholesalers
  • Public design projects
  • University architecture departments
  • Equipment design contractors
  • Renovation companies
Products
  • Building material proposals for design
  • Technical consulting
  • CAD data provision
  • Product customization
  • Specification development support
  • Disaster prevention proposals
  • Energy-saving design support
  • Environmental consulting
  • Standard compliance checks
  • Construction drawing support

Construction Material Leasing Business

Overview
Supports reduction of customer capital burden with rental services for temporary use of architectural materials and equipment.
Competitiveness
Wide range of leasing items and flexible contract options
Customers
  • Carpentry shops
  • Event operators
  • Temporary construction users
  • Public works operators
  • Renovation contractors
  • Residential builders
  • Commercial facility operators
  • Logistics operators
  • Warehouse operators
  • Building material rental companies
Products
  • Shutter leasing
  • Door handle leasing
  • Safety equipment rental
  • Temporary disaster prevention equipment
  • Environmental furniture leasing
  • Insulation material leasing
  • Soundproof equipment rental
  • Temporary building material rental
  • Automatic door rental
  • Construction site materials

Material Procurement & Logistics Support

Overview
Realizes site efficiency and cost reduction with integrated support from architectural material procurement to delivery.
Competitiveness
Industry-specialized logistics know-how and network
Customers
  • Construction companies
  • Building material wholesalers
  • Logistics companies
  • Trading companies
  • Construction contractors
  • Carpentry shops
  • Real estate companies
  • Warehouse management
  • Manufacturers
  • Delivery operators
Products
  • Building material procurement agency
  • Product logistics management
  • Inventory management system
  • Delivery arrangement service
  • Delivery schedule management
  • Warehouse management support
  • Material supply optimization
  • Transportation efficiency improvement plans
  • Logistics cost reduction proposals
  • On-site delivery support

Disaster Prevention Product Development

Overview
Supports public and private safety measures with product development and system construction tailored to disaster prevention needs.
Competitiveness
Development capabilities and track record in high-function disaster prevention products
Customers
  • Municipalities
  • Public facility managers
  • Architectural designers
  • Disaster prevention equipment sellers
  • Urban development operators
  • Commercial facility operators
  • Home manufacturers
  • Disaster prevention consultants
  • Design offices
  • Disaster prevention education institutions
Products
  • Disaster prevention shutters
  • Fire-resistant doors
  • Waterproof shutters
  • Disaster prevention function doors
  • Fire prevention equipment
  • Automatic closure systems
  • Evacuation route securing equipment
  • Disaster prevention lighting
  • Emergency locks
  • Safety alarm systems

Competitive Advantage

Strengths

  • Third-largest share in Japan's shutter industry
  • High-quality door knob and handle manufacturing technology
  • Stable financial base and capital alliances
  • Broad product lineup and sales network
  • Strong customer base and client stockholding system
  • Product lineup strong in disaster prevention and safety
  • Long-term trust from steady management
  • Design support capabilities meeting technical needs
  • Comprehensive architectural material supply system
  • Rapid maintenance response capabilities
  • Versatile coverage from residential to commercial facilities
  • Advancement in environmentally friendly product development
  • Capital and technology alliance with German company
  • High safety standard compliance
  • Regionally focused sales system

Competitive Advantages

  • High market share in shutters for commercial facilities, homes, and factories
  • Value-added provision through proprietary door knob and handle manufacturing technology
  • Technological superiority in specialized fields like disaster-prevention shutters
  • Market coverage through broad product deployment
  • Enhanced competitiveness via resource sharing and international collaboration with alliance partners
  • Prompt customer response based in local Osaka
  • Improved customer satisfaction through comprehensive after-sales service
  • Employee motivation enhancement via stockholding association
  • Differentiation through environmentally friendly and energy-saving products
  • Value-added provision in technical aspects like design support
  • Strong response to public and commercial infrastructure projects
  • Revenue diversification through maintenance and service business
  • High brand recognition from long-term operations
  • Product design balancing durability and safety
  • Stable revenue base through market diversification response

Threats

  • Intensifying price competition from new entrants
  • Risk of reduced orders due to fluctuations in construction industry sentiment
  • Inflow of low-price products from overseas manufacturers
  • Burden of対応 to changes in building standards law and disaster prevention regulations
  • Market share decline due to delay in entering exterior-related business
  • Cost increase pressure from rising raw material prices
  • Risk of productivity decline due to labor shortages
  • Supply chain impact from natural disasters
  • Manufacturing cost increase from strengthened environmental regulations
  • Competitiveness decline from delayed technological innovation
  • Rising societal expectations for sustainability
  • Credit decline from delayed adaptation to new safety standards

Innovations

2024: Mass Production Start of Enhanced Disaster-Prevention Performance Shutter

Overview
Developed high-function disaster-prevention shutter enduring various disasters and established mass production system.
Impact
Achieved product differentiation and successfully captured disaster prevention demand

2023: New Line Development of Energy-Saving Insulated Doors

Overview
Newly commercialized insulated doors with improved energy-saving performance for homes.
Impact
Contributed to enhanced competitiveness in energy-saving housing market

2022: Introduction of Automatic Control Shutter System

Overview
Added sensor-linked automatic opening/closing shutter system to product lineup.
Impact
Improved convenience and safety, boosting customer satisfaction

2021: Expansion of Recycled Material Adoption for Environmental Furniture

Overview
Advanced development of furniture using recycled materials to reduce environmental impact.
Impact
Strengthened sustainability response, positively impacting public project orders

2020: Advancement of Smart Lock Systems

Overview
Initiated development of smartphone-linked door lock products, introducing new technologies.
Impact
Contributed to new market creation and value enhancement

Sustainability

  • Development and sales promotion of high energy-saving performance products
  • Environmental impact reduction through active adoption of recycled materials
  • Promotion of resource and energy saving in manufacturing processes
  • Efforts toward product longevity and improved recyclability
  • Ongoing environmental conservation activities in collaboration with local communities
  • Labor policies promoting disabled employment and diversity
  • Strengthening of safety and health management system
  • Building sustainable supply chains
  • Implementation of environmental education and awareness activities
  • Expansion of eco-product certifications
  • Promotion of green procurement
  • Setting and execution of CO2 emission reduction targets