Midac Holdings

Basic Information

Stock Code
6564
Industry
Services
Category Detail
Professional Services for Businesses
Prefecture
Shizuoka Prefecture
Establishment Year
July 1964
Listing Year
December 2017
Official Website
http://www.midac.jp/
TSE Information
TSE Information
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Overview

Midac Holdings is a major Shizuoka-based integrated industrial waste treatment company established in 1964, with waste disposal as its main business.

Current Situation

Midac Holdings achieved consolidated sales of 5.7 billion yen, operating profit of 1.8 billion yen, and net profit of 1 billion yen in the fiscal year ending March 2021. It has an integrated business system from collection and transportation of industrial waste to intermediate treatment and final disposal, with a strong foundation in the Tokai region centered on Shizuoka Prefecture. It operates controlled final disposal sites and facilities for treating specific hazardous industrial waste, and its technological capabilities in responding to environmental risks are highly evaluated. Since 2021, it has strengthened its subsidiaries through M&A, further enhancing its competitiveness in the industry. Internally, it focuses on creating a comfortable work environment, having received the Platinum Kurumin certification. Going forward, it aims for stable growth in local markets while expanding collection and transportation operations and utilizing new disposal sites. The increase in waste treatment demand due to stricter environmental regulations is a growth driver. With a solid financial base, it aims to establish itself as a sustainable environmental services company.

Trivia

Interesting Facts

  • Veteran industrial waste treatment company founded in 1952.
  • Industry's first Platinum Kurumin certified company.
  • "Midac" company name derived from water, earth, and air.
  • Holds wide-area treatment permits spanning multiple prefectures in Shizuoka.
  • Early adopter of specific hazardous industrial waste treatment facilities.
  • Controlled final disposal site permits are top-class in the region.
  • ISO14001 environmental certification acquired in 2001.
  • Actively pursuing M&A to expand business scale.
  • Highly evaluated for regional contributions and work environment improvements.
  • Possesses multifaceted treatment capabilities such as crushing and oil-water separation.
  • Headquartered in Hamamatsu City, Shizuoka Prefecture, with strengths in the Tokai area.
  • Operates with three subsidiaries including Midac Hamana.
  • Built a stable financial base with total assets of ¥14.2 billion.
  • Aiming for record profits for 10 consecutive years with ongoing growth.
  • Expanding market share through M&A in industrial waste business.

Hidden Connections

  • Close collaboration with local municipalities to jointly advance environmental measures.
  • Rapidly shares information on changes in environmental regulations to stay ahead in the industry.
  • Platinum Kurumin certification serves as a benchmark for talent acquisition in the industry.
  • Achieved group integration with regional rival companies through M&A.
  • Focuses on building trust with local residents in relation to final disposal site establishment.
  • Provides consulting services utilizing environmental management know-how from ISO14001 certification.
  • Continuously improves treatment technologies in collaboration with subsidiaries' R&D departments.
  • Continuously provides funding for local waste recycling promotion activities.

Future Outlook

Growth Drivers

  • Increased treatment demand due to strengthened environmental regulations
  • High evaluation and expansion of regionally close services
  • Expanding needs for waste recycling and resource recovery
  • Business scale expansion through M&A strategy
  • Advancement of specially controlled industrial waste treatment technologies
  • Capacity enhancement through new disposal site establishment
  • Management efficiency improvement via digital IoT utilization
  • Trend toward proper industrial waste treatment amid rising environmental awareness
  • Talent securing through comfortable work environment development
  • Revenue structure strengthening through diversified services
  • Stable revenue through strengthened ties with local governments
  • Brand enhancement via low-environmental-impact technology introduction

Strategic Goals

  • Further strengthening of integrated system from collection to final disposal
  • Stable operation and expansion of controlled final disposal sites
  • Achieve over 50% industrial waste recycling rate
  • Maintain and expand Platinum Kurumin certification
  • Expand business areas toward national deployment
  • Strengthen response to decarbonization society
  • Maximize transportation and treatment efficiency through ICT
  • Expand investment in new technology R&D
  • Reduce turnover rate through improved employee satisfaction
  • Continuously promote regional environmental contribution activities

Business Segments

Industrial Waste Collection and Transportation

Overview
Provides comprehensive collection and transportation of industrial waste from factories and business facilities.
Competitiveness
Wide-area coverage and advanced technology for hazardous substance treatment
Customers
  • Various manufacturing companies
  • Construction companies
  • Chemical plants
  • Medical institutions
  • Food processing factories
  • Municipal-related facilities
  • Printing companies
  • Automotive-related companies
  • Recycling companies
  • Logistics companies
  • Environmental consulting firms
  • Public facilities
Products
  • General Industrial Waste Collection and Transportation Service
  • Specially Controlled Industrial Waste Collection and Transportation
  • Hazardous Materials Collection and Transportation
  • Demolition Waste Collection and Transportation
  • Recyclable Resource Collection and Transportation
  • Medical Waste Collection and Transportation
  • Electronic Waste Transportation
  • Pre-Incineration Waste Collection
  • Compressed Waste Transportation
  • Mixed Waste Collection

Intermediate Treatment Operations

Overview
Operates intermediate treatment facilities and conducts safe waste treatment.
Competitiveness
High-quality treatment foundation through proprietary technologies and diverse processing capabilities
Customers
  • Waste treatment operators
  • Municipalities
  • Large factories
  • Recycling companies
  • Construction companies
  • Chemical manufacturers
  • Environmental consultants
  • Food manufacturers
  • Regional industry associations
  • Logistics companies
  • Hospitals and medical facilities
  • Public entities
Products
  • Sludge treatment
  • Incinerated ash treatment
  • Oil-water separation
  • Dewatering treatment
  • Neutralization treatment
  • Crushing treatment
  • Specific hazardous substance treatment
  • Pre-incineration treatment
  • Chemical treatment services
  • Quality management

Final Disposal Site Operations

Overview
Achieves sustainable treatment through safe final disposal and environmental monitoring.
Competitiveness
Long track record of operations and regionally integrated environmental management system
Customers
  • Industrial waste treatment operators
  • Municipalities
  • Environmental consultants
  • Large manufacturers
  • Construction contractors
  • Public groups
  • Recycling companies
  • Chemical manufacturers
  • Facility management companies
  • Environmental audit organizations
  • Waste management cooperatives
  • Transportation companies
Products
  • Controlled Final Disposal
  • Specially Controlled Waste Disposal
  • Asbestos Disposal
  • Waste Plastics Processing
  • Demolition Waste Processing
  • Contaminated Soil Disposal
  • Incineration Residue Processing
  • Waste Liquid Separation and Treatment
  • Environmental Monitoring Services
  • Disposal Site Design Support

General Waste Collection and Transportation

Overview
Provides collection and transportation of general waste from municipalities to individuals.
Competitiveness
Stable operations with regional closeness and strong ties with municipalities
Customers
  • Municipalities
  • Schools and educational institutions
  • Local residents
  • Hospitals and welfare facilities
  • Restaurants
  • Commercial facilities
  • Event organizers
  • Manufacturing factories
  • Office buildings
  • Housing management associations
  • Public facilities
  • Shopping streets
Products
  • General Waste Regular Collection
  • Event Waste Collection
  • Recycling Support
  • Waste Sorting Guidance
  • Garbage Collection Agency
  • Waste Awareness Activities

Environmental Consulting

Overview
Provides environmental consulting centered on waste treatment.
Competitiveness
Practical support leveraging extensive treatment experience
Customers
  • Manufacturing industry
  • Municipalities
  • Commercial facilities
  • Environmental groups
  • Construction industry
  • Schools and educational institutions
  • Environmental audit companies
  • Recycling companies
  • Pharmaceutical companies
  • Food processing industry
Products
  • Waste Treatment Plan Development
  • Environmental Regulation Compliance Support
  • Waste Management System Construction
  • Environmental Education Training
  • Safety and Health Management Support

Recyclable Resource Collection

Overview
Promotes waste resource recovery through collection and sorting.
Competitiveness
Diverse resource evaluation expertise and collection network
Customers
  • Manufacturing industry
  • Construction industry
  • Municipalities
  • Commercial facilities
  • Logistics companies
  • Food factories
  • Waste treatment companies
  • Recycling manufacturers
  • Energy companies
  • Public facilities
Products
  • Plastic Resource Recovery
  • Metal Scrap Collection
  • Paper Recycling
  • Wood Chip Processing
  • Electronic Waste Collection
  • Resource Evaluation and Sorting

Specially Controlled Industrial Waste Treatment

Overview
Specialized services for safe treatment of industrial waste containing hazardous substances.
Competitiveness
Industry-first Platinum Kurumin certification for reliability
Customers
  • Chemical manufacturers
  • Pharmaceutical companies
  • Industrial facilities
  • Hospitals and medical-related
  • Construction companies
  • Manufacturing industry
  • Municipalities
  • Recycling operators
  • Environmental consultants
  • Public institutions
Products
  • Asbestos Treatment
  • PCB Waste Treatment
  • Hazardous Liquid Waste
  • Specific Hazardous Substance Crushing
  • Hazardous Waste Transportation
  • Safe Storage Facilities

Waste-Related Equipment Sales

Overview
Provides sales and maintenance services for waste treatment-related equipment.
Competitiveness
Product selection support leveraging own operational know-how
Customers
  • Treatment facilities
  • Collection and transportation operators
  • Municipalities
  • Factories
  • Warehouse operators
  • Recycling facilities
  • Construction sites
  • Logistics companies
  • Suppliers
  • Maintenance companies
Products
  • Crushing Machines
  • Dewatering Devices
  • Oil-Water Separators
  • Compressors
  • Waste Trucks
  • Safety Protective Gear

Logistics and Delivery Services

Overview
Provides delivery services for group companies and regional logistics.
Competitiveness
Reliability through specialized vehicles and safety management
Customers
  • Group subsidiaries
  • General companies
  • Commercial facilities
  • Construction industry
  • Recycling operators
  • Food factories
  • Manufacturing industry
  • Municipalities
  • Medical institutions
  • Environmental-related groups
Products
  • Waste Transportation
  • Recyclable Resource Delivery
  • Hazardous Materials Transportation
  • General Cargo Delivery
  • Emergency Transportation Response
  • Transportation Management System

Environmental Safety Education and Training

Overview
Conducts education and training related to waste treatment and environmental conservation.
Competitiveness
Practical curriculum aligned with legal regulations
Customers
  • Company employees
  • Municipal staff
  • Waste operators
  • Environmental NGOs
  • Schools
  • Medical facilities
  • Construction sites
  • Manufacturing industry
  • Local residents
  • Commercial facilities
Products
  • Waste Regulation Training
  • Environmental Protection Seminars
  • Safe Transportation Education
  • Recycling Promotion Training
  • Industrial Waste Management Education

Customer Support and Call Center

Overview
Call center functions to facilitate customer support and sales assistance.
Competitiveness
Staff equipped with extensive industry knowledge
Customers
  • Client companies
  • Municipalities
  • General customers
  • Sales offices
  • Environmental-related businesses
  • Resource recovery companies
  • Construction sites
  • Commercial facilities
  • Recycling operators
  • Environmental NPOs
Products
  • Waste Collection Reservation Acceptance
  • Complaint Handling
  • Information Provision Services
  • Sales Support
  • Emergency Response Contact

Research and Environmental Analysis

Overview
Conducts high-precision analysis and surveys of waste and the environment.
Competitiveness
Rapid response possible with in-house facilities
Customers
  • Environmental consulting
  • Manufacturing industry
  • Municipalities
  • Research institutions
  • Waste treatment companies
  • Recycling companies
  • Construction companies
  • Medical institutions
  • Food factories
  • Public institutions
Products
  • Waste Component Analysis
  • Land Environmental Surveys
  • Air and Water Quality Testing
  • Risk Assessment
  • Report Preparation Support

Competitive Advantage

Strengths

  • Integrated industrial waste treatment system
  • Track record in operating controlled final disposal sites
  • Strong customer base through regional closeness
  • Work-friendly environment via Platinum Kurumin certification
  • Collection and transportation permits in multiple prefectures
  • Business expansion through M&A
  • ISO14001 certification acquired
  • Specific hazardous substance treatment capabilities
  • High safety and environmental management standards
  • Extensive sales office network
  • Abundant industrial waste treatment experience
  • Stable financial foundation
  • Placement of highly specialized staff
  • Environmental regulation response capabilities
  • Good relationships with local communities

Competitive Advantages

  • Strength in handling from industrial waste collection to final disposal
  • High processing capacity based on permits for controlled disposal sites
  • Trust secured through regionally rooted service deployment
  • Human resource appeal as the industry's first Platinum Kurumin certified company
  • Extensive sales permits spanning multiple prefectures
  • Business portfolio complemented by strategic M&A
  • Enhanced environmental management system via ISO certification
  • Possession of advanced hazardous waste treatment technologies
  • Safety transportation know-how backed by extensive experience
  • Rapid response through comprehensive sales offices and subsidiaries
  • Solid financial constitution and stable revenue structure
  • Focus on employee training to maintain high expertise
  • Strong compliance with environmental laws
  • Emphasis on harmony with local society
  • Provision of proposal-based services related to waste treatment

Threats

  • Increased compliance costs due to further strengthening of environmental regulations
  • Intensifying price competition from competitors
  • Rising difficulty in obtaining new collection and transportation permits
  • Constraints on final disposal capacity and local opposition to new sites
  • Decrease in industrial waste discharge due to economic fluctuations
  • Risk of business facility impact from natural disasters
  • Difficulty maintaining transportation and treatment systems due to labor shortages
  • Risk of aging waste treatment-related equipment
  • Risk of reputational damage from legal violations
  • Changes in processing needs due to shifting environmental awareness
  • Transformation of waste treatment methods by emerging technologies
  • Risk of business stagnation from pandemic expansion

Innovations

2021: Subsidiary Acquisition through Yanagi Industry Share Acquisition

Overview
Acquired shares in Yanagi Industry to make it a subsidiary, strengthening industrial waste treatment capabilities.
Impact
Contributes to improved processing capacity and regional market share expansion

2020: Introduction of Advanced Treatment Equipment at Intermediate Treatment Facilities

Overview
Introduced advanced equipment for sludge dewatering and oil-water separation to improve treatment efficiency.
Impact
Achieved shorter treatment times and reduced environmental impact

2023: Promotion of Digitalization of Environmental Management Systems

Overview
Introduced ICT systems for waste logistics and treatment management to enhance efficiency.
Impact
Succeeded in improving service quality and reducing costs

2022: Initiation of Low-Temperature Drying Technology Research and Development

Overview
Promoting development of low-environmental-impact drying technology for industrial waste incineration residues.
Impact
Aims to improve fuelization rate and reduce treatment costs

2024: Enhancement of Regional Disposal Capacity through M&A

Overview
Utilizing M&A centered on the Tokai region to improve regional disposal capabilities.
Impact
Strengthens market competitiveness and regional responsiveness

2021: Acquisition of Platinum Kurumin Certification

Overview
Successfully obtained the industry's first Platinum Kurumin certification, improving talent acquisition strength.
Impact
Enhanced employee satisfaction and recruitment competitiveness

2020: Launch of Waste Sorting Promotion Program

Overview
Providing waste sorting and recycling promotion programs to customers.
Impact
Improved recycling rate and customer satisfaction

2022: Introduction of Enhanced Environmental Monitoring System

Overview
Developed new system to strengthen environmental monitoring around final disposal sites.
Impact
Contributes to early detection of environmental risks

2023: Revision of Safe Transportation Training Program

Overview
Introduced latest safety education for transportation staff to promote accident reduction.
Impact
Reduced transportation accident rate and improved safety

2024: Promotion of Sustainable Treatment Technology Research

Overview
Initiated joint research on new treatment technologies that reduce environmental impact.
Impact
Builds foundation for future environmental performance improvement

Sustainability

  • Thorough proper treatment of specially controlled industrial waste
  • ISO14001 environmental management operations
  • Talent development through Platinum Kurumin certification
  • Activities to improve waste recycling rate
  • Regional environmental conservation and greening promotion
  • Strengthening of environmental monitoring systems
  • Accident prevention through safe transportation education
  • Expansion of waste reduction proposal services
  • Research and development of sustainable treatment technologies
  • Enhanced provision of environmental information to customers
  • Environmental awareness through collaboration with local communities
  • Emergency environmental response support during disasters