Noda

Basic Information

Stock Code
7879
Industry
Other Products
Category Detail
Construction Materials & Equipment
Prefecture
Tokyo
Establishment Year
January 1938
Listing Year
October 1995
Official Website
http://www.noda-co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
KG Information, Aica Kogyo, Lonsil Kogyo, Filcon, Tokyo Board Kogyo, Nagai Sangyo, Nankai Plywood, Seven Kogyo, Hokushin, Woodone, Nihon Decolax, Toli

Overview

Noda is a major housing building materials company founded in 1938, specializing in interior materials and wooden building materials, and is one of Japan's leading building materials manufacturers listed on the Tokyo Stock Exchange Standard Market.

Current Situation

Noda recorded consolidated sales of 64.586 billion yen for the fiscal year ended November 2021, demonstrating solid performance in the housing building materials sector. Its main products include interior doors and flooring materials, contributing to enhanced residential comfort. Headquartered in Tokyo, the majority of production occurs at its Shimizu Factory and Fujikawa Factory in Shizuoka Prefecture, strengthening its regional manufacturing base. In the intensely competitive building materials market, it vies with companies such as Nagai Sangyo and Aica Kogyo while bolstering the development and sales of functional doors and storage products. On the sustainability front, it is dedicated to the effective utilization of wood resources and reducing environmental impact. In the 2020s, it is pursuing capital investments and production technology innovations to capture growing remodeling demand and enhance profitability. Looking ahead, it has new material development and overseas expansion in its sights to establish a sustainable growth framework. It maintains a stable financial foundation and is positioned to flexibly adapt to changes in the construction industry.

Trivia

Interesting Facts

  • Established in 1938, a long-standing building materials manufacturer
  • Concentrated production bases in Shizuoka Prefecture for efficiency
  • Holds high domestic share in interior doors
  • Quick response to increasing remodeling demand
  • Advanced environmentally friendly plywood manufacturing technology
  • Expanding into housing equipment field
  • Creates comfortable home spaces with diverse interior products
  • Emphasizes balance of functionality and design
  • Boasts high in-house R&D capabilities in the industry
  • Broad business expansion through numerous affiliates
  • Listed on Tokyo Stock Exchange Standard Market
  • Corporate culture fusing tradition and innovation
  • Promotes local employment through community-oriented management
  • Manufactures building materials with high safety standards
  • Product development reflecting voices from construction sites

Hidden Connections

  • Shizuoka Prefecture, the main production area, is known as a hub for the wood building materials industry
  • Possesses a product lineup specialized for the remodeling market and is sensitive to trends in the housing industry
  • Collaborates technologically or competes in the market with rivals like Nagai Sangyo and Aica Kogyo
  • Builds close cooperative relationships with local industries through plywood manufacturing technology
  • Development of environmentally friendly products is aligned with national environmental policies
  • Has many subcontractors in the construction industry as customers, making industry linkages crucial
  • Tokyo head office functions as product development and sales base, with production sites concentrated locally
  • Actively announces new technologies at local architecture-related events and trade shows

Future Outlook

Growth Drivers

  • Expansion of remodeling market and increasing demand
  • Rising needs for high-function building materials
  • Increasing demand for eco-friendly materials due to stricter environmental regulations
  • Demand for new construction and renovations in urban areas
  • Diversification of construction methods and labor-saving technologies
  • Efficiency improvements through strengthened local production bases
  • Product customization tailored to customer needs
  • Advancement of green procurement and brand strengthening
  • Innovation in product development using IT and IoT
  • Contribution to sustainable architecture
  • Potential cautious expansion into overseas markets
  • Accelerated introduction of new materials and technologies

Strategic Goals

  • Achieve over 80% ratio of sustainable building materials
  • Expand domestic market share by over 5%
  • Diversify and enhance functionality of product lineup
  • Cost reduction through 20% production efficiency improvement
  • Over 30% sales ratio in remodeling sector
  • Introduce manufacturing processes aiming for zero environmental impact
  • Strengthen employee skill development and training
  • Enhance coexistence with regional economy
  • Bolster sales and development capabilities using ICT
  • Over 10% sales ratio from new businesses

Business Segments

Housing Building Materials Supply

Overview
Supplies a variety of building materials products for housing construction and remodeling.
Competitiveness
Rapid supply system based on production bases concentrated in Shizuoka Prefecture
Customers
  • Housing manufacturers
  • Construction companies
  • Remodeling contractors
  • Building materials wholesalers
  • Design offices
  • Real estate developers
  • General contractors
  • Local builders
Products
  • Interior Doors and Sliding Doors
  • Flooring
  • Exterior and Interior Base Materials
  • Stairs and Handrails
  • Storage Systems
  • Custom Materials
  • Architectural Joint Metal Fittings

Wood Materials Manufacturing and Sales

Overview
Manufactures and sells wood materials widely used as raw materials for furniture and building materials.
Competitiveness
High-quality plywood production technology and diverse product lineup
Customers
  • Furniture manufacturers
  • Building materials manufacturers
  • Industrial materials manufacturers
  • Local builders
  • Exporters
  • Building materials wholesalers
Products
  • Plywood
  • Fiberboard
  • Processed Wood Products
  • Special Wood Panels

Housing Equipment Provision

Overview
Develops and provides energy-saving and comfort-enhancing housing equipment.
Competitiveness
Product design combining functionality and durability
Customers
  • Housing manufacturers
  • Architectural design offices
  • Contractors
  • Remodeling businesses
Products
  • Ventilation Systems
  • Bathroom Equipment
  • Residential Functional Components

Construction Method-Related Services

Overview
Provides construction method materials and services aimed at improving construction efficiency and durability.
Competitiveness
Strength in proposing methods incorporating the latest technologies
Customers
  • Construction companies
  • Housing manufacturers
  • Design offices
Products
  • Precut Processing
  • Special Joint Metal Fittings
  • Construction Method Proposals

Competitive Advantage

Strengths

  • Advanced wood processing technology
  • Reliability backed by long history
  • Production bases concentrated in Shizuoka
  • Wide product lineup
  • Stable financial base
  • Strong customer network
  • Product development responding to market needs
  • Rapid supply system to construction sites
  • High market share in housing building materials
  • Diverse sales channels
  • In-house technology research and development
  • Promotion of environmentally friendly products
  • High-quality plywood manufacturing
  • Flexible customization capabilities
  • Enhanced brand recognition

Competitive Advantages

  • Quality assurance through integrated production system
  • Strengthened capture of remodeling market demand
  • Pioneering development of functional doors ahead of competitors
  • Promotion of sustainable wood utilization
  • Advanced collaboration between sales force and customer management
  • Product differentiation through new technology introduction
  • Improved customer satisfaction with diverse product offerings
  • Reliability from stable materials supply system
  • Efficiency gains from Shizuoka-focused production
  • Comprehensive after-sales service network
  • High adaptability to environmental regulations
  • Product improvements reflecting user feedback
  • Market responsiveness through diverse sales channels
  • Maintaining technological prowess through employee training
  • Recycling utilization of wood waste

Threats

  • Shrinkage of domestic construction market
  • Intensifying price competition with new entrants
  • Risk of raw material price fluctuations
  • Cost increases from stricter environmental regulations
  • Damage to production bases from natural disasters
  • Competition from low-priced overseas products
  • Decline in production capacity due to labor shortages
  • Loss of competitiveness from delayed technological innovation
  • Impact of economic fluctuations in housing market
  • Risk of alternative materials emerging in building materials
  • Changes in consumer awareness of environmental issues
  • Rising logistics costs

Innovations

2023: Development of High-Function Interior Doors

Overview
Launched a series of interior doors with significantly enhanced soundproofing and insulation performance.
Impact
Responds to increasing remodeling demand, contributing to sales growth

2022: Introduction of Environmentally Friendly Plywood Manufacturing Technology

Overview
Established a new manufacturing process that promotes reuse of wood waste.
Impact
Achieves both improved production efficiency and reduced environmental impact

2021: Development of Smart Home-Compatible Housing Equipment

Overview
Commercialized and launched IoT-compatible ventilation systems.
Impact
Contributes to enhanced residential comfort

2024: Introduction of Automated Precut Processing Equipment

Overview
Introduced and commenced operation of automation equipment to boost factory production efficiency.
Impact
20% productivity improvement, shortened lead times

2020: New Design Lineup for Functional Sliding Doors

Overview
Launched sliding door products balancing improved design and enhanced functionality.
Impact
Successfully developed new customer segments

2022: Diversification of Overseas Wood Procurement Routes

Overview
Strengthened partnerships with overseas suppliers to ensure stable supply.
Impact
Reduced raw material procurement risks

2023: Development of New Building Materials Using Recycled Materials

Overview
Developed and launched low-cost building materials using recycled wood.
Impact
Expansion of environmentally friendly products

2021: Introduction of Fire-Resistant Architectural Materials

Overview
Expanded fire-resistant building materials series for enhanced safety.
Impact
Responds to rising market needs

2020: Operation Start of New Production Line for Interior Countertop Materials

Overview
Established manufacturing line capable of diverse designs.
Impact
Expanded product variations

2024: Development of Compact Storage Units for Remodeling

Overview
Launched compact storage systems suitable for limited spaces.
Impact
Successfully captured urban demand

Sustainability

  • Active adoption of environmentally friendly materials
  • Promotion of wood waste recycling
  • Introduction of energy-saving production equipment
  • Promotion of sustainable forest resource utilization
  • Efforts to reduce waste and promote resource circulation
  • Strengthening acquisition and maintenance of environmental certifications
  • Enhanced green procurement
  • Participation in local environmental protection activities
  • Improving environmental awareness through employee education
  • Regular issuance of environmental reports
  • Setting CO2 emission reduction targets
  • Strengthened environmental management in supply chain