Nice Corporation (8089) Stock Price

Nice operates primarily through three business segments. In the building materials segment, the company sources lumber and sells, manufactures, and processes wood products. Nice Precut Co., Ltd. is a key affiliated company in this area. The company also handles the sales, manufacturing, and installation of building materials and residential equipment, with Celeex Co., Ltd. and Arborex Co., Ltd. serving as major affiliated companies.

In the housing segment, Nice develops new condominium sales and engages in the purchase and resale of used condominiums. Renais Co., Ltd. is the primary affiliated company in this field. The company also sells newly built single-family homes and undertakes custom home construction contracts, with Kikuchi Construction Co., Ltd. as a related company. Additionally, Nice provides comprehensive condominium management services and handles rental brokerage and management, with Nice Community Co., Ltd. as a key affiliated company.

In the other business segment, the company develops and sells software and operates general broadcasting services. Nice Computer Systems Co., Ltd. and YOU Television Co., Ltd. are major affiliated companies in this area. Through these operations, Nice provides diversified services across multiple sectors.

Nice is advancing its "Medium-Term Management Plan Road to 2030," with 2030 as the target year. This plan is a five-year initiative beginning in the fiscal year ending March 2026, updated to accelerate growth while accounting for changes in the external environment. Nice aims to leverage its competitive advantages, including its domestic timber procurement capabilities and nationwide sales network.

Nice's growth strategy is built on three key pillars: "Super New Construction," "Super Logistics," and "Super Domain." Under "Super New Construction," the company will address the shrinking new housing market by expanding the use of environmentally friendly timber and growing its housing stock business. "Super Logistics" focuses on strengthening total proposal sales including energy-related products and pursuing efficient distribution through its logistics network.

"Super Domain" expands the utilization of domestic timber across diverse sectors, positioning Nice as a high-value-added wood material manufacturer. The company will also advance data sharing in timber construction to improve operational efficiency across the industry. Through these initiatives, Nice aims to enhance economic, social, and environmental value, thereby increasing corporate value.