TACHIKAWA CORPORATION (7989) Stock Price

Market cap
¥54.8B
P/E ratio
16.2x
Manufactures blinds, movable partitions, and mechanical parking systems for residential and commercial customers through eight specialized subsidiaries.

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Business Overview

Tachikawa Blind Industries' primary business involves manufacturing and selling interior and exterior decoration products and mechanical multi-story parking systems. In addition, the company provides related services. Tachikawa Blind Industries operates alongside eight consolidated subsidiaries, with each company fulfilling specific roles.

In the interior and exterior decoration business, Tachikawa Blind Industries manufactures and sells various types of blinds and movable partitions. Some components and products are manufactured by Tachikawa Kiko Co., Ltd. and Fuji Hensoku-ki Co., Ltd., which Tachikawa Blind Industries then purchases and resells. Fabric blind processing and assembly are outsourced to Tachikawa Fuhaku Industries Co., Ltd. and Shiga Tachikawa Fuhaku Industries Co., Ltd.

In the parking system business, Fuji Hensoku-ki Co., Ltd. handles manufacturing, sales, and maintenance inspections of mechanical multi-story parking systems. This allows Tachikawa Blind Industries to meet parking-related market needs.

In the speed reducer business, Fuji Hensoku-ki Co., Ltd. manufactures and sells speed reducers. These products are also used as components in motorized blinds and are purchased by Tachikawa Blind Industries. This approach enhances product diversity.

Management Policy

Tachikawa Blind Industrial manufactures and sells architectural opening products, interior and exterior decoration-related products, and mechanical multi-story parking systems. The company has formulated a three-year medium-term management plan titled "Tachikawa Vision 2025 ~ Continuity and Evolution ~" covering fiscal year 2023 onwards, aiming to establish a business structure that ensures stable profitability.

Under this plan, the company prioritizes revenue and profit at each level, targeting sales of 44.5 billion yen, operating profit of 4.4 billion yen, ordinary profit of 4.6 billion yen, and net profit of 2.9 billion yen by 2025. Through these targets, the company aims to achieve sustainable growth and meet the expectations of shareholders and customers.

Tachikawa Blind Industrial's growth strategy focuses on three pillars: "manufacturing and marketing," "strengthening management foundations," and "sustainability initiatives." The company's basic policy is to evolve in response to environmental and societal needs while continuing to contribute to society.

Specifically, the company will promote marketing evolution, technological innovation, and production system strengthening in an integrated manner. In particular, the operation of the technology research building will accelerate product development speed and quality, advancing research into new technologies and materials. Additionally, the company will strengthen production systems for growth products to maintain high quality and stable supply.

Furthermore, as part of strengthening management foundations, the company actively invests in talent acquisition and development, implementing measures to enhance employee engagement. Through these efforts, the company is strategically reinforcing management resources to pursue medium to long-term growth.

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