NICHIREKI CO., LTD. Financial Results for the 2nd Quarter
of FY3/24
November 29, 2023
NICHIREKI CO., LTD.
(TSE Prime, Stock Code: 5011)
A leading company in creating 'roads'
which contributes to the society through creating 'roads'
1
"Sow the Seeds"
"Sow the Seeds"
"Let us advance forward by sowing the good seeds".
This is the motto of the Nichireki Group. Let us sow the strong seeds that will not die even if a severe drought strikes.
By the sweat of our brow, let us spread fertilizer.
Then the plants will grow up to bear good fruit. Even if we do not harvest the fruits ourselves, I believe this:
If we do not sow the seeds and spread fertilizer,
but only aim to gain the fruits,
we will never enjoy true prosperity.
Eiichi Ikeda (Founder of the Nichireki Group)
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Corporate philosophy
Corporate philosophy of Nichireki Group
Basic philosophy (Spirit of sowing the seeds)
Sowing the seeds, giving them water, letting them flower,
Continuously creating new business through the accumulation of unceasing effort
Management philosophy
To ensure the Nichireki Group contributes to the society through creating roads:
- We will supply road paving materials and their corresponding construction methods to satisfy requirements for outstanding functionality and cost.
- We will offer advanced consulting that watches vigilantly over roads, which are the common assets of the people.
-
We will implement construction technology that is trusted by customers.
By completely unifying these elements, the Nichireki Group considers its management philosophy as the aim of remaining a highly profitable corporate group that spearheads the creation of roads worthy of the trust of its stockholders and a wide range of customers. We also strive to ensure that every employee in the Group can exercise his or her abilities to the fullest through meaningful work.
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Contents
Ⅰ ．Corporate Profile
Ⅱ．Summary of Financial Results for the 2nd Quarter of FY3/24 Ⅲ．Full-Year Business Forecasts for FY3/24
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Ⅰ ．Corporate Profile
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Corporate Profile
Name | NICHIREKI CO., LTD. |
Head office location | 4-3-29Kudan-kita,Chiyoda-ku, Tokyo |
Founded | October 1943 (Established in September 1949) |
Capital | 2,919 million yen |
Representative | Manabu Obata, President and Representative Director |
No. of employees | 972 employees (Consolidated, as of March 31, 2023) |
Business description | ・ Manufacturing and sales of applied and processes asphalt products |
・ Manufacturing, processing and sales of construction and civil | |
engineering materials | |
・ Contracting for road paving, waterproofing, water and sewage and other | |
civil engineering work, including relevant survey and diagnosis, design | |
and administration processes | |
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History of Our Group
1943
1949
1950
1954
1968
1974
1977
1994
2002
2007
2010
2014
2017-2019
2020
2022
2023
Eiichi Ikeda founded Nihon Rekisei Kagaku Kogyosho to engage in construction waterproofing works using asphalt. Founded a company
Established a Tokyo Plant and Laboratory in Arakawa-ku, Tokyo; started production of asphalt emulsion
Changed the corporate name to Nichireki Kagaku Kogyo Co., Ltd. due to company split and merger, etc.
Built a new head office building in Kudan, Chiyoda-ku, Tokyo (to present)
Listed on the First Section of both Tokyo Stock Exchange and Osaka Securities Exchange.
Opened a technical research center in Oyama Plant in Tochigi Prefecture
Changed the corporate name to NICHIREKI CO., LTD.
Started overseas business by establishing Beijing Luxin Dacheng Exquisite Paving Co., Ltd. in Beijing, a joint venture between Japan and China Conducted its first M&A, making ASAHI INDUSTRIES CO., LTD. in Oita City, Oita Prefecture a wholly owned subsidiary.
Established a subsidiary NICHIREKI SHANGHAI CO., LTD. in Shanghai, China
Made consolidated subsidiaries into wholly owned subsidiaries
Conducted M&A to make Linephalt Industry Co.,Ltd., Shinwa Kakoh Co., Ltd., and Heat Rock Industry Co., Ltd. wholly owned subsidiaries. Acquired a large parcel of land in Tsukubamirai City to construct a new production and logistics base (Tsukuba Big Ship)
Selected and shifted to "Prime Market" in accordance with the market reorganization of the Tokyo Stock Exchange Marked the 80th anniversary on October 26
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Offices and Group Companies
- Offices
99 sites in Japan (44 out of 47 prefectures), 5 sites overseas
(Non-consolidated: 65)
Branches: | 11 site |
Sales Branches: | 38 sites |
Satellite Offices: | 12 sites |
Plants: | 19 sites |
Technical Research Center: 1 site
(as of September 30, 2023)
- Group companies (Consolidated subsidiaries)
34 companies including
HOKKAIDO NICHIREKI CONSTRUCTION CO., LTD. TOHOKU NICHIREKI CONSTRUCTION CO., LTD. NICHIREKI ROAD CO., LTD.
NICHIREKI SPECIAL CONSTRUCTION CO., LTD. CHUBU NICHIREKI CONSTRUCTION CO., LTD. KINKI NICHIREKI CONSTRUCTION CO., LTD. CHUGOKU NICHIREKI CONSTRUCTION CO., LTD. SHIKOKU NICHIREKI CONSTRUCTION CO., LTD. ASAHI KOGYO CO., LTD.
KYUSHU NICHIREKI CONSTRUCTION CO., LTD. LINEPHALT INDUSTRY CO., LTD.
HEAT ROCK INDUSTRY CO., LTD.
●：NICHIREKI
□：Group companies
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Business Overview
The Nichireki Group develops business activities that offer a wide variety of products, technologies, works, and so forth mainly related to road paving.
● Applied and Processed Asphalt Products Business | ● Road Paving Business |
Manufacturing and sales of applied and processed asphalt products including asphalt emulsions, modified asphalt, bridge deck slab waterproofing materials, road surface repairing materials, crack repairing materials, landscape paving materials and industrial products, as well as manufacturing, processing, and sales of construction and civil engineering materials
Contracting for road paving, bridge deck slab waterproofing, water and sewage and other civil engineering work, including relevant survey and diagnosis,
design and administration processes
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Business Domain
Urban area
Airport | Viaduct | Parking |
lot | ||
Local | ||
roads | ||
Tunnel | ||
Highway | ||
Bridge Joints |
Manhole | ||
Harbor | Sidewalk | Walkway |
Bicycle | ||
path | Parks | |
Railroad | Station |
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Disclaimer
NICHIREKI Co. Ltd. published this content on 19 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 December 2023 06:55:30 UTC.
