Shinwa Co., Ltd. (3447) Stock Price

Shinwa is a company primarily engaged in the manufacturing and sales of temporary construction materials and logistics equipment. The Shinwa Group consists of six companies including Shinwa and also handles temporary construction work. The business is divided into two segments: "Temporary Construction Materials" and "Logistics Equipment."

In the Temporary Construction Materials segment, Shinwa manufactures and sells temporary materials used at construction sites. The core business focuses on system scaffolding, particularly wedge-lock scaffolding and next-generation scaffolding. These scaffolding systems are characterized by their lightweight design, ease of installation, and high transportation efficiency.

Shinwa's "Shinwa Catcher" is a type of wedge-lock scaffolding composed of vertical posts, handrails, and platforms. Leveraging its high constructability and diverse product lineup, the company aims to acquire new customers. Shinwa also offers next-generation scaffolding called "SPS (Silent Power System)."

In the Logistics Equipment segment, Shinwa manufactures and sells logistics equipment used in factories, warehouses, and construction sites. The company provides pallets for storage and transport of automotive parts and glass panels for liquid crystal displays, as well as steel racks, and proposes products tailored to customer needs.

Shinwa is strengthening its proposal-based sales approach and made-to-order production capabilities while expanding into new industries. The company is working to broaden its distribution channels in sectors including agriculture and fisheries, residential equipment and building materials, distribution, and warehouse operations.

Shinwa has established a medium-term management plan with the fiscal year ending March 2029 as its final year, targeting sales revenue of 20 billion yen and operating profit of 2.4 billion yen. To achieve this plan, the company is advancing growth strategies in its temporary materials division and logistics equipment division. In the temporary materials division, Shinwa is focusing particularly on expanding sales of bridge-use system suspended scaffolding to address repair demand for aging social infrastructure.

Shinwa developed "Rapid Floor," a state-of-the-art system suspended scaffolding, in 2023 and has partnered with a major domestic temporary materials leasing company. This product offers high safety and efficiency, and has been adopted as a designated construction method by the Ministry of Land, Infrastructure, Transport and Tourism and NEXCO. Shinwa aims to expand market share through the widespread adoption and sales expansion of this product.

Additionally, Shinwa made "Yagumi Group" a subsidiary in 2024 to expand its temporary construction services. This builds a strong value chain from manufacturing to construction, strengthening competitiveness in the light temporary construction market. The company is creating new temporary and construction-related services by leveraging synergies within the group.

In the logistics equipment division, Shinwa is developing products tailored to diverse customer needs, pursuing entry into new markets and strengthening existing ones. The company is expanding its business scope through labor-saving solutions, overseas expansion, and ventures into new fields. It is also strengthening its revenue base by pursuing lower costs and shorter delivery times, as well as expanding rental operations.