Nagaileben

Basic Information

Stock Code
7447
Industry
Wholesale
Category Detail
Apparel & Fashion Accessories
Prefecture
Tokyo
Establishment Year
July 1950
Listing Year
June 1995
Official Website
https://www.nagaileben.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Azeas, Asahi, Uniform Next, Jichodo, Zuiko, Nanshin, Koken, Shigematsu Seisakusho

Overview

Nagaileben is a leading company in the wholesale industry, primarily engaged in the sale of medical uniforms and shoes. Founded in 1950, it holds approximately 50% share of the domestic medical uniform market and excels in functional products.

Current Situation

Nagaileben recorded consolidated net sales of approximately 16.8 billion yen, operating profit of approximately 4.9 billion yen, and net profit of approximately 3.4 billion yen for the fiscal year ended August 2019. Its main business is the manufacturing and sale of uniforms and shoes for medical and nursing care professionals, boasting a high domestic market share. Uniforms are manufactured by its subsidiary Nagaileben Garment Industry, which focuses on product development that balances high functionality and design. It also collaborates with renowned fashion designers to enhance brand value. Sales channels are centered on specialty stores and direct sales to medical institutions, with EC also utilized. While monitoring rising raw material costs and competition, it differentiates through improvements in quality and functionality. In 2024, it is focusing on new product development and sales channel expansion while maintaining stable earnings. It aims for growth by providing products that reflect the needs of medical sites. It is also committed to sustainability, promoting measures to reduce environmental impact. It is considering overseas expansion and new material utilization in the future to strengthen mid- to long-term competitiveness.

Trivia

Interesting Facts

  • Top company with over 50% share of domestic medical uniform market.
  • Developed Japan's first 100% polyester knit uniform in 1971.
  • Features uniform designs by renowned fashion designers.
  • Manufacturing handled by subsidiary Nagaileben Garment Industry in Daisen City, Akita Prefecture.
  • Offers products combining functionality and safety in medical shoes.
  • Over 50 years of history with strong trust in the medical industry.
  • Headquartered in Chiyoda-ku, Tokyo; listed on Tokyo Stock Exchange Prime.
  • Maintains stable earnings base despite raw material cost increases.
  • Approximately 511 employees with high specialization.
  • Designer collaboration uniforms highly evaluated for fashion in medical settings.

Hidden Connections

  • Contributes to improving brand image in medical industry through collaborations with renowned fashion designers.
  • Has strong transaction relationships with medical institutions in specific regions, supporting regional healthcare.
  • Exploring expansion into hygiene products field through collaboration with related companies.
  • Focuses on compliance with safety standards in medical shoe field for differentiation.
  • Supports medical industry's SDGs initiatives through use of environmentally friendly materials.
  • Strong ties with local companies, subcontractors, and cooperative factories.
  • Participates in functional product development through co-creation with medical device manufacturers.
  • Adopted as stable supplier for local government uniform and equipment procurement.

Future Outlook

Growth Drivers

  • Expansion of medical and nursing care markets due to aging society
  • Increasing demand for fusion of functional materials and design
  • Growing demand for sustainable materials and eco-friendly products
  • Increased product demand from strengthened hygiene management in medical sites
  • New customer acquisition through digital sales expansion
  • Increasing uniform demand from local governments and public institutions
  • Growth in comfortable and safe shoe market amid health consciousness
  • Customer expansion and differentiation through brand collaboration products
  • New market development through overseas product expansion
  • New technology development from expectations for functional improvements in medical sites

Strategic Goals

  • Achieve over 60% domestic share in medical uniforms
  • Expand sustainable products ratio to over 50%
  • Increase EC sales ratio to 30% of total sales
  • Establish as top brand in medical shoe market
  • Strengthen development of new medical and nursing care related products
  • Reduce manufacturing plant environmental impact by 50%
  • Expand sales through active overseas market entry
  • Series expansion and enhancement of designer collaboration products
  • Promote employee health and create better working environment
  • Continuously promote community contribution activities

Business Segments

Sales to Medical Institutions

Overview
Provides high-function and convenient uniforms for medical sites.
Competitiveness
Significant presence with approximately 50% share of domestic medical uniform market
Customers
  • Hospitals
  • Clinics
  • Medical offices
  • Welfare facilities
  • Nursing care facilities
  • Medical agencies
Products
  • Medical uniforms
  • Medical shoes
  • Nursing accessories
  • Nursing care wear

Transactions with Medical Supply Wholesalers

Overview
Achieves stable supply through bulk sales to wholesalers.
Competitiveness
Ability to supply diverse product lineup
Customers
  • Nationwide medical supply wholesalers
  • Regional medical supply distributors
Products
  • Uniform wholesale
  • Shoe wholesale
  • Related medical supplies

Contracts with Government and Educational Institutions

Overview
Business excelling in stable supply and quality control for public institutions.
Competitiveness
Proven track record trusted by public institutions
Customers
  • Local governments
  • Public hospitals
  • Nursing schools
  • Medical vocational schools
Products
  • Uniforms
  • Training uniforms
  • Educational accessories

Support Business for Nursing Care Facilities

Overview
Provides products pursuing safety and comfort in nursing care settings.
Competitiveness
Product development capability tailored to nursing care site needs
Customers
  • Nursing homes
  • Day service centers
  • Home care providers
Products
  • Nursing wear
  • Nursing shoes
  • Nursing accessories

Exhibitions at Medical Trade Shows and Events

Overview
Grasps market needs and announces new products through trade shows.
Competitiveness
Brand recognition as industry leader
Customers
  • Medical institution representatives
  • Medical professionals
  • Wholesalers
Products
  • Latest uniforms
  • New function shoes
  • New material products

Competitive Advantage

Strengths

  • Approximately 50% share of domestic medical uniform market
  • Products combining high-function materials and design capabilities
  • Brand value enhanced through collaborations with renowned designers
  • Strong direct sales network and specialty store expansion
  • Continuous quality improvements and technological development capabilities
  • Stable manufacturing capabilities of parent company Nagaileben Garment Industry
  • Broad product lineup addressing diverse customer needs
  • Customer trust built from years of industry accumulation
  • Efficient supply chain management
  • Specialized knowledge and experienced staff

Competitive Advantages

  • Specialized functional uniform development for medical sites
  • Use of proprietary lightweight and quick-dry materials
  • Differentiation through collaborations with renowned fashion designers
  • Customer-centric service via direct sales channels
  • Maintaining high market evaluation through continuous product improvements
  • Competitive edge from numerous patents and proprietary technologies
  • Safety and comfort technologies in medical shoes
  • Product expansion into nursing care market
  • System to quickly and flexibly respond to customer requests
  • Price competitiveness from top domestic share

Threats

  • Rising raw material prices leading to cost increases
  • Risk of demand decline due to medical industry budget constraints
  • Intensifying market competition from new entrants
  • Competition with low-priced global products
  • Impact from changes in medical site uniform specifications
  • Delays in digitalization and online sales
  • Fluctuations in imported material costs due to exchange rate changes
  • Concerns over productivity decline from labor shortages

Innovations

2024: Launch of Antiviral Processed Uniforms

Overview
Launched uniforms using new high antiviral materials.
Impact
Meets enhanced infection control needs, contributing to share growth

2023: Expansion of Designer Uniforms

Overview
Strengthened design collaborations with Maruyama Keita and Hanai Sachiko.
Impact
Achieved differentiation by fusing fashion and functionality

2022: Development and Launch of Eco Material Uniforms

Overview
Expanded uniforms using recycled materials considerate of the environment.
Impact
Contributed to strengthening sustainability brand

2021: Improvement in Lightweight Technology for Medical Shoes

Overview
Achieved lighter weight and improved durability for shoes using new materials.
Impact
Contributed to reducing worker burden

2020: Revamp of Online Sales Platform

Overview
Enhanced EC site functions to improve customer convenience.
Impact
Contributed to increased EC sales and customer satisfaction

Sustainability

  • Active use of recycled materials and eco-product expansion
  • Manufacturing process improvements aiming to reduce environmental impact
  • Internal promotion of waste reduction and resource recycling
  • Introduction of energy-saving equipment and operational efficiency
  • Social contribution to improving hygiene in medical settings
  • Promotion of employee-participating environmental conservation activities
  • Support for environmental education through collaboration with local communities
  • Sustainable material procurement and supply chain management