KYOWANISSEI CO.,LTD. (1981) Stock Price

Kyowa Nissei primarily operates gas equipment businesses for Tokyo Gas Co., Ltd. and Tokyo Gas Network Co., Ltd. This business includes indoor piping work and heating, cooling, and hot water supply installations for single-family homes. The company also handles gas pipeline operations, including main and branch pipeline burial work and supply pipe installation.

Additionally, Kyowa Nissei operates a building equipment business, providing construction work, water supply and drainage sanitation equipment installation, air conditioning system installation, and heating, cooling, and hot water supply systems for multi-unit residential buildings. In electrical and civil engineering operations, the company performs electrical conduit tunnel burial work, water and sewage work, and civil engineering projects, operating as a comprehensive facility engineering contractor.

Kyowa Nissei's non-consolidated subsidiaries include Kyowa Life Service Co., Ltd. and Gaiatech Co., Ltd. Kyowa Life Service handles vehicle leasing and maintenance, and operates as a casualty insurance agent. Gaiatech engages in gas equipment installation, radiant floor heating work, gas appliance installation, propane gas work, and exterior construction.

Kyowa Nissei also has an affiliated company, Tokyo Science Laboratory Co., Ltd., which primarily conducts chemical and physical testing of piping systems and plays an important role supporting Kyowa Nissei's operations.

Kyowa Nissei is advancing its growth strategy under the medium-term management plan "Triple 'S'" with fiscal year 2025 as the first year. The plan targets net sales of 4 billion yen or more, an ordinary income margin of 4.5% or more, and ROE of 6.5% or more. To achieve these goals, the company prioritizes the reliable implementation of various initiatives under a medium to long-term management strategy.

Kyowa Nissei is centering its gas pipeline business while cultivating its building facilities business as a new core business to reduce dependence on a single client. Through this approach, the company aims to enhance recognition as a "comprehensive facilities engineering company capable of handling all construction work within buildings, not just gas work," and to meet diverse customer needs.

The company also pursues "sustainability management" as its basic policy, strengthening shareholder returns and reinforcing its management foundation. In particular, it places strong emphasis on management practices that account for capital costs and stock price, positioning enhanced shareholder returns as a critical management priority.

Additionally, Kyawa Nissei is advancing the maintenance and development of systems to preserve the global environment, promote infrastructure maintenance, and realize comfortable living environments. Through these efforts, the company aims to fulfill its social mission while pursuing sustainable growth.