NIHON DENGI CO., LTD. (1723) Stock Price

Market cap
¥170.5B
P/E ratio
5.1x
Nippon Dengi designs and builds automatic control systems for building air conditioning and factory automation, serving offices, hospitals, schools and industrial facilities.

Price and Volume

Market Cap

Subscribe to premium to access
Market Cap.

Check pricing

PER

Subscribe to premium to access
PER.

Check pricing

PBR

Business Overview

Nippon Dengi holds permits from the Minister of Land, Infrastructure, Transport and Tourism as both a specified and general construction contractor under the Construction Business Law. The company designs and constructs automatic control systems for building automation and factory automation, and sells related equipment. Through these services, it supports efficient building management and optimization of industrial processes.

Nippon Dengi's business is divided into two segments: air conditioning instrumentation operations and industrial systems operations. In air conditioning instrumentation operations, the company designs, constructs, and maintains automatic air conditioning control systems for non-residential buildings such as office buildings, factories, hospitals, and schools. It also sells control equipment including automatic control panels, sensors, and thermostats.

Air conditioning instrumentation operations are further divided into a new construction division, which serves newly constructed buildings, and an existing building division, which handles maintenance, repair, and renovation of existing buildings. This structure allows the company to meet a wide range of needs from new construction to existing building maintenance.

In industrial systems operations, the company performs instrumentation and automatic control work for factories and conveyor lines. For food factory production and conveyor lines in particular, it provides installation and maintenance of FA machinery, and sells and maintains production management systems. The company also sells control equipment such as regulators, flow meters, and industrial valves.

Management Policy

Nippon Dengi is pursuing long-term growth under its management vision "New Design For The Next." This vision is based on the principle of "providing value to customers through innovative ideas, growing as a company, and building a sustainable enterprise." Specifically, the company aims to create a better society and strengthen its corporate group by developing customer needs, expanding its business, and exploring new domains.

The company has established a medium-term management plan beginning in 2021 and is advancing its long-term management guideline "ND For The Next 2030," which sets targets for ten years ahead. This guideline positions "strengthening existing businesses," "executing expansion strategies," and "fostering corporate culture" as pillars of growth strategy. By pursuing comprehensive instrumentation engineering, the company aims to become an enterprise that meets the expectations of society, customers, and employees.

In Phase 1 of the medium-term management plan (fiscal year ending March 2022 through March 2024), the company is focusing on building a growth foundation and establishing a framework that strengthens its business base and ensures high profitability. In Phase 2 (fiscal year ending March 2025 through March 2028), the company is implementing specific measures to expand its growth foundation and improve productivity.

Nippon Dengi emphasizes balanced growth between its air conditioning instrumentation business and industrial systems business, with a target consolidated ROE of 12.5%. For fiscal year ending March 2026, the company has set performance targets of 43,500 million yen in sales, 9,200 million yen in operating profit, and 6,450 million yen in net income. Through these targets, the company is working to enhance sustainable corporate value.

AI Chat