TAKARA STANDARD CO.,LTD. (7981) Stock Price

Takara Standard is a comprehensive manufacturer of residential equipment, engaged in the manufacturing and sales of kitchens, bathrooms, and vanities. The company also conducts related research and development, as well as other services. The Takara Standard Group consists of two consolidated subsidiaries: Takara Kakou Co., Ltd. and Takara Logistics Service Co., Ltd.

Takara Standard's business is divided into two main segments: "Residential Equipment" and "Other." The Residential Equipment segment provides products such as kitchens, bathrooms, and vanities. The Other segment operates warehouse services, cargo handling operations, and real estate rental businesses.

The Residential Equipment segment's primary products include enamel system kitchens, wooden system kitchens, system baths, and enamel vanities. These products are manufactured by Takara Standard and Takara Kakou Co., Ltd. Other products include residential toilets, eco-friendly water heaters, and various storage equipment.

In addition to manufacturing and selling residential equipment, Takara Standard provides logistics services. Takara Logistics Service Co., Ltd. operates warehouse services and cargo handling operations, supporting the distribution of Takara Standard's products. The company also operates a real estate rental business to diversify its operations.

Takara Standard aims for sustainable growth and enhanced corporate value under its long-term vision: "A brilliant and attractive company growing with enamel products." Under this vision, the company pursues differentiation and challenges new business areas to become an enterprise that delivers distinctive value.

The company's medium-term management plan "Medium-Term Management Plan 2026" is a three-year plan beginning in fiscal year 2024, with the theme "Renewed Challenge for Transformation." The plan positions three pillars as growth strategies: revenue structure reform, financial strategy, and sustainability strategy.

In revenue structure reform, the company will leverage digital technology primarily in its domestic housing equipment business to improve productivity and strengthen management. It also aims to accelerate overseas and new business operations to build new growth foundations.

In financial strategy, the company will actively allocate capital to growth investments and strengthening operational foundations while maintaining financial soundness and enhancing shareholder returns. This aims to build a sustainable growth foundation.

In sustainability strategy, the company will strengthen efforts on environmental issues including climate change and reinforce human capital through talent development and organizational development. This aims to enhance social value.

Takara Standard pursues improved corporate value from both financial and non-financial perspectives. Specific targets include increased sales and operating profit, reduced CO2 emissions, and improved employee satisfaction.