KOWA CO.,LTD.JP:7807Stock Price

Market cap
¥4.3B
P/E ratio
7x
Kowa Manufacturing makes and sells mobility aids like walkers and canes for elderly people, plus offers equipment rental services and online sales.

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Business Overview

Kowa Manufacturing Co., Ltd. is primarily engaged in the manufacturing and sales of care products and welfare equipment, care services, and the sale of care products through the internet. The group consists of six companies, each playing a role in its respective field.

The first business segment is "Care Products and Welfare Equipment Manufacturing and Sales." Key products include silver walkers, walking frames, and canes, which are designed to support walking for elderly people and those requiring care. Manufacturing is primarily conducted by Dongguan Kowa Household Daily Products Co., Ltd. in China.

The second business segment is "Care Services." Kowa Life Creation Co., Ltd. and Person Care Co., Ltd. operate welfare equipment rental services based on the Long-Term Care Insurance Law. This provides equipment to support the independence of those requiring care.

The third business segment is "E-commerce." Next Care Innovation Co., Ltd. sells care products such as wheelchairs and silver walkers through the internet. This enables the company to deliver products directly to a wide range of customers.

Kowa Manufacturing operates its main products under the "Tacaf" brand, and also develops brands such as "GENTIL MARRONE" and "AURULA." This allows the company to offer diverse products that emphasize design and functionality.

Sales channels are diverse, including chain stores, care service providers, OEM, welfare equipment rental, and e-commerce. Through these channels, the company pursues domestic and international market expansion and actively conducts sales activities.

Management Policy

Kowa Manufacturing Co., Ltd. aims to improve the quality of life for elderly people and contribute to a sustainable society through the development, manufacturing, and sales of care products and welfare equipment. Under the medium-term management plan that began in February 2025, the company has established three strategic pillars to respond to changing external conditions.

First, the company is advancing transformation and expansion of its existing business. In response to the growing elderly population, it is strengthening product differentiation and proposal capabilities tailored to different use cases. The company is promoting comprehensive solutions through the launch of the new walker "Zista" and the expansion of related product lineups.

Second, the company is improving operational efficiency. It is standardizing operations and reviewing approval workflows to accelerate decision-making. Additionally, the company is focusing on creating a more comfortable workplace, achieving reductions in overtime hours and improvements in paid leave utilization rates.

Third, the company is redesigning brand value. It has launched a new brand "AURULA," developing products that combine emotional appeal with functionality. The company aims to create products that prioritize individuality regardless of age or physical condition.

Through these initiatives, Kowa Manufacturing Co., Ltd. is working toward evolution as a "life value creation company" and striving to enhance corporate value over the medium to long term.