Cumica

Basic Information

Stock Code
8887
Industry
Real Estate
Category Detail
Real Estate & Housing
Prefecture
Saitama Prefecture
Establishment Year
June 1979
Listing Year
December 2000
Official Website
https://www.cumica.co.jp/
TSE Information
TSE Information
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Other Companies
Taski Holdings, Takahashi Wall, Propast, Dear Life, Fujers Holdings, Migalo Holdings, Otake, Cosmo Nie Shia, Goldcrest, Eslead, Japan Escon, MIRARTH Holdings, FJ Next Holdings

Overview

Cumica is a real estate and general construction company established in 1979 and based in Koshigaya City, Saitama Prefecture, with strengths in community-focused housing business.

Current Situation

Cumica recorded sales of approximately 5.8 billion yen and net profit of approximately 900 million yen in FY2023, maintaining a stable financial base. Centered in Saitama Prefecture and the Kanto region, it engages in the planning and development of condominium sales and detached housing, focusing on low-priced properties for family households. In recent years, to address diversifying customer needs, it has collaborated with companies such as Propast and Otake to share construction materials and technologies. Following the company name change in 2024, it has refreshed its corporate brand and is striving to enhance management transparency under the new regime. At the same time, it is focusing on addressing legal risks from violations of the Investment Act and strengthening internal management systems. In the medium to long term, it aims to bolster its community-focused housing business and promote digital transformation in real estate services. It also plans to introduce environmentally considerate architectural technologies and sustainability initiatives, with the goal of contributing to sustainable urban development.

Trivia

Interesting Facts

  • Has over 50 years of history originating from Kawai Group founded in 1970.
  • Changed company name from Libereste to Cumica in 2024, refreshing the brand.
  • Recognized as a community-focused company centered in Koshigaya City, Saitama Prefecture.
  • Engages in general construction on a small scale, practicing diversified management.
  • In recent years, focusing on materials supply and IT utilization to improve business efficiency.
  • In 2023, faced social issues due to former president's legal violations.
  • Approximately 37 employees, enabling flexible decision-making as a small to medium-sized enterprise.
  • Features integrated services from architectural design to sales.
  • Supported by families for low-priced properties targeted at households.
  • Underwent three company name changes to arrive at current name.
  • Contributes to regional redevelopment through collaborations with local government and businesses.
  • Also operates real estate brokerage and management services as BtoB business.
  • Promotes customer service via IT such as online viewing services.
  • Demonstrates advanced stance in introducing environmentally considerate housing and energy-saving materials.
  • Representative Shinichi Sakamoto is promoting management reform and compliance strengthening.

Hidden Connections

  • Strong collaborative relationships with related companies Otake and Propast in materials supply and sales.
  • Implements town development support linked with local communities centered in Koshigaya City.
  • Had past legal violation incidents but is currently reviewing management foundation.
  • Adopts market strategy specialized in low-priced properties for families compared to peers.
  • Maintains strong business relationships with construction companies and design offices in Saitama Prefecture.
  • Possesses system capable of integrated provision of construction materials supply and construction management services.
  • Striving to improve corporate image leveraging president change and name change.
  • Participates in housing exhibition hall operations in Koshigaya City to enhance brand recognition.

Future Outlook

Growth Drivers

  • Stable growth in housing demand in Saitama Prefecture and metropolitan area
  • Increasing demand for energy-saving buildings amid stricter environmental regulations
  • Service provision closely tied to regional communities
  • Business efficiency improvement through digital transformation
  • Corporate trust recovery via strengthened compliance systems
  • Diversification of housing needs corresponding to aging society
  • Stabilization of construction materials supply and improved price competitiveness
  • Marketing reinforcement for customer base expansion
  • Building sustainable management system fulfilling social responsibilities
  • Diversification of BtoB business and new customer development
  • Sales promotion via online viewings and IT utilization
  • Real estate development business expansion through regional collaborations

Strategic Goals

  • Market share expansion through Saitama-centered supply of low-priced family housing
  • Achieve over 50% sales ratio of environmentally considerate housing
  • Complete introduction of digital management systems at all sales bases
  • Establishment and sustainability of compliance and governance systems
  • Increase annual regional contribution activities to over 30 events
  • Achieve 20% sales ratio through expansion of new BtoB business fields
  • Enhance human resource development programs to improve employee engagement
  • Complete corporate brand reconstruction under representative leadership
  • Advanced risk management and strengthened crisis response capabilities
  • Strengthen financial constitution supporting long-term sustainable management

Business Segments

Building Materials Supply for Construction Companies

Overview
Stably supplies high-quality building materials mainly to construction companies in Saitama Prefecture.
Competitiveness
Rapid delivery and flexible responsiveness rooted in the local community
Customers
  • Local construction companies
  • General contractors
  • Subcontractors
  • Design offices
  • Carpentry shops
Products
  • Building materials
  • Steel frame components
  • Interior materials
  • Insulation materials
  • Various housing equipment

Real Estate Agency Services

Overview
Provides brokerage for real estate transactions as well as consulting on asset management.
Competitiveness
Regional information network and specialized knowledge
Customers
  • Individual investors
  • Corporate investors
  • Home buyers
  • Real estate management companies
Products
  • Land brokerage
  • Housing brokerage
  • Rental brokerage
  • Asset management consulting

Architectural Design Consulting

Overview
Provides comprehensive architectural services from planning to design and construction management.
Competitiveness
Multi-field technical collaboration rooted in the region
Customers
  • Local companies
  • Local governments
  • Public interest corporations
  • Large commercial facility operators
Products
  • Architectural design
  • Structural design
  • Environmental design
  • Construction management

Real Estate Management and Maintenance

Overview
Undertakes building maintenance management and tenant correspondence to enhance asset value.
Competitiveness
Thorough and prompt response with community-focused services
Customers
  • Condominium owners' associations
  • Building owners
  • Commercial facility operators
  • Rental property owners
Products
  • Management outsourcing
  • Building inspections and repairs
  • Tenant correspondence
  • Equipment renewal planning

Construction Contracting Services

Overview
Undertakes a wide range of construction from housing to commercial and public facilities.
Competitiveness
Smooth construction management leveraging local networks
Customers
  • Corporate clients
  • Carpentry shops
  • Real estate developers
  • Local public entities
Products
  • Housing construction
  • Store construction
  • Public facility construction
  • Renovation work

Asset Management Support

Overview
Supports optimal operation, valuation, and risk management of real estate assets.
Competitiveness
Proven regional expertise in operations
Customers
  • Real estate investors
  • Corporate asset management departments
  • Fund operators
  • Individual customers
Products
  • Real estate valuation
  • Risk analysis
  • Operation strategy formulation
  • Management outsourcing

Housing Renovation Business

Overview
Provides a variety of renovation services centered on dwelling renovations.
Competitiveness
High-quality construction and aftercare system
Customers
  • Detached home owners
  • Rental owners
  • Commercial facility operators
  • Public facility managers
Products
  • Interior renovation
  • Exterior work
  • Equipment updates
  • Barrier-free modifications

Environmentally Considerate Building Materials Provision

Overview
Supplies building materials that contribute to reducing environmental impact.
Competitiveness
Adoption of latest technologies and community-focused proposals
Customers
  • Construction companies
  • Real estate developers
  • Design offices
  • Public project clients
Products
  • Energy-saving materials
  • Insulation materials
  • Recycled building materials
  • Environmentally responsive materials

Land Redevelopment Consulting

Overview
Supports business planning and promotion for effective land utilization.
Competitiveness
Optimal solutions tailored to regional challenges
Customers
  • Local governments
  • Real estate developers
  • Local businesses
  • Investment funds
Products
  • Surveys and analysis
  • Land utilization planning
  • Permitting support
  • Project management

Rental Management Services

Overview
Comprehensive outsourcing of rental property management operations.
Competitiveness
Attentive customer service and early tenant matching
Customers
  • Rental housing owners
  • Commercial tenant owners
  • Real estate management companies
  • Individual investors
Products
  • Tenant recruitment
  • Contract management
  • Rent management
  • Building maintenance management

Real Estate Appraisal Services

Overview
Provides accurate valuation and analysis of real estate.
Competitiveness
Team of experts well-versed in the local market
Customers
  • Financial institutions
  • Investors
  • Corporations
  • Court-related organizations
Products
  • Asset value appraisal
  • Market research
  • Usage restriction analysis
  • Appraisal report preparation

Competitive Advantage

Strengths

  • Strong customer base due to community focus
  • Diversified real estate and construction business
  • Stable financial base and capital strength
  • Flexible and prompt customer response
  • Collaborative system with construction materials supply
  • Long years of industry experience and track record
  • Ongoing review of compliance systems
  • Secured diverse sales channels
  • Product development capability tailored to customer needs
  • Good relationships with local community
  • Energy-saving housing supply leveraging technology
  • Corporate brand refresh and reconstruction
  • Initiatives to improve labor productivity
  • Consulting know-how in regional redevelopment
  • Network with diverse partner companies

Competitive Advantages

  • Secures competitive edge with Saitama-centered community focus
  • Specialized product planning for family low-priced properties
  • Comprehensive service provision as a general construction company
  • Cost competitiveness from materials supply network with related companies
  • Agility unique to mid-sized companies enabling quick decision-making
  • Focusing on trust recovery through governance strengthening including legal risk measures
  • Broad customer touchpoints secured through multi-channel sales
  • Active engagement in regional investments and community activities
  • Customer retention through linkage of brokerage and management services
  • Advancing differentiation via latest environmentally considerate materials
  • Strengths in construction and design linked with local builders
  • Flexible product rollout accommodating diverse customer needs
  • Service improvement activities emphasizing customer satisfaction
  • Maintaining credibility through prudent management
  • Potential for expansion into new business areas

Threats

  • Risk of regional economic fluctuations in real estate market
  • Cost increases from rising construction material prices
  • Brand deterioration from legal violation image
  • Intensifying price competition from rivals
  • Delays in ongoing digital transformation
  • Challenges in talent acquisition and aging workforce
  • Changes in construction conditions due to stricter environmental regulations
  • Economic uncertainty from novel coronavirus and other infectious diseases
  • Acceleration of market dominance by major companies
  • Ongoing corporate risks from Investment Act violation issues
  • Declining demand from regional demographic changes
  • Construction interruptions and damages from natural disasters

Innovations

2024: Strengthening Development of Environmentally Considerate Housing

Overview
Launched a new series of newly built homes with enhanced energy-saving performance.
Impact
Improved customer satisfaction and achievement of energy-saving standards

2023: Introduction of Digital Property Management System

Overview
Implemented and began operation of IoT-based real estate management system.
Impact
20% improvement in management efficiency and faster customer response

2022: Introduction of BIM (Building Information Modeling)

Overview
Introduced BIM technology in architectural design to improve design accuracy and work efficiency.
Impact
10% reduction in design change costs

2024: Adoption of New Insulation Materials

Overview
Adopted high-insulation, fire-resistant new materials in some housing.
Impact
Enhanced energy-saving performance and fire safety

2023: Launch of Online Housing Viewing Service

Overview
Opened online property viewing service using VR technology.
Impact
Expanded customer touchpoints and increased purchase interest

2021: Construction of Regional Disaster Prevention Network

Overview
Developed disaster prevention information system in cooperation with local residents.
Impact
Enhanced regional safety and corporate image

2020: Provision of Energy-Saving Architectural Certification Housing

Overview
Completed development of ZEB (Net Zero Energy Building) certified housing.
Impact
Strengthened competitiveness of environmentally considerate products

Sustainability

  • Planning and promotion of energy-saving housing
  • Promotion of renewable energy adoption
  • Improvement in recycling rate of construction waste
  • Environmental conservation activities in collaboration with local community
  • Business reforms to reduce internal environmental impact
  • Enhanced disclosure of sustainability information
  • Active adoption of eco-materials
  • R&D support for low-environmental-impact materials
  • Employee education for awareness improvement
  • Participation in regional greening activities
  • Introduction of clean energy vehicles
  • Implementation of sustainable resource management