Gifu landscape architect Co.,Ltd.
1438・Standard Market・Construction
Business
Gifu Zoen Co., Ltd. is a landscaping and greening company founded in 1927, specializing exclusively in this field. Its business consists of two segments: "Garden Exterior" (exterior landscaping for detached houses and apartment complexes) and "Landscape" (greening of public spaces such as commercial facilities, public institutions, and parks). Its major customers include major housing manufacturers such as the Sekisui House Group and Daiwa House Industry, as well as government agencies and private developers. The company operates six locations across the Tokai, Kansai, and Kanto regions, and also serves as the designated administrator for six parks within Gifu City. It listed on the Standard Market of the Tokyo Stock Exchange in September 2022.
Business Model
A contracting-based model that receives landscaping and greening construction orders from major home builders, government agencies, and private developers, recognizing revenue through construction performed by in-house craftsmen and dedicated partner companies. Its strength lies in high-value-added construction utilizing trees and natural stone extensively rather than relying on off-the-shelf products, and it also holds recurring, stock-type revenue from post-construction green space maintenance and designated park management. Operating margin for FY2025 (ending September 2025) was 8.6%.
Company Strengths
The landscaping techniques cultivated since its founding in 1927 are passed on to the next generation through the "Gifu Zoen Academy" (Gifu Landscaping Academy). Construction supervisors and designers alike possess "craftsman-type on-site capability," including heavy machinery operation skills and plant knowledge, enabling the company to win and complete high-difficulty projects for affluent clients as well as landmark projects such as a luxury ryokan at Mt. Fuji and Ghibli Park.
The company entered into a business alliance in 2020, followed by capital alliances in 2020 and 2023. In FY2025 (ending September 2025), sales to Sekisui House, Ltd. and Sekisui House Chubu Construction Co., Ltd. totaled ¥1,786,056 thousand (28.5% of net sales), and the company expects to participate in large-scale projects in conjunction with the Sekisui House group's strategy to strengthen exterior design and construction.
Net sales grew for five consecutive fiscal years, from ¥4,310 million in FY2021 (ended September 2021) to ¥6,271 million in FY2025 (ended September 2025). In FY2025 (ending September 2025), actual results of net sales of ¥6,271 million and an ordinary income to net sales ratio of 8.8% exceeded the company's internal targets of net sales of ¥6,000 million and an ordinary income to net sales ratio of 8.4% on all metrics.
ENVALITH's Perspective
Performance Trend
Financial trends show five consecutive years of revenue and profit growth, from FY2021 revenue of ¥4,310 million and operating profit of ¥313 million to FY2025 revenue of ¥6,271 million and operating profit of ¥538 million. For the first half of FY2026 (ending September 2026) (October 2025–March 2026), revenue was ¥3,385 million (+11.9% year-on-year), operating profit was ¥484 million (+49.1% YoY), ordinary profit was ¥490 million (+48.5% YoY), and interim net profit was ¥341 million (+52.4% YoY), showing substantial profit growth across all metrics. The main driver was the completion of landscaping and greening work at a large commercial facility in the Chubu region and a luxury resort hotel in the Kanto region. As external factors, stable public investment based on national resilience policy and increased demand for greening at accommodation and commercial facilities amid expanding inbound demand supported performance. The full-year forecast has already been revised upward to revenue of ¥6,500 million and operating profit of ¥690 million (+28.2% year-on-year). The equity ratio improved to 76.5%, reflecting enhanced financial soundness.
Growth Strategy
Evolving into an "environment-creating company" through expansion of sales areas into Kanto and Kyushu and deepened collaboration with Sekisui House
The company is further deepening its partnership with major housing manufacturers, centered on the Sekisui House Group, and driving up order unit prices through high-value-added proposals. In the first half of FY2026 (ending September 2026), orders continued to progress at a pace exceeding plan, confirming the effectiveness of the collaboration.
In addition to the Chubu region, completion of landscaping and greening work for a luxury resort hotel in the Kanto region contributed to results in the first half of FY2026 (ending September 2026). The company is focusing on securing new orders centered on high-end commercial facilities and accommodation facilities, and the effectiveness of its area expansion strategy is beginning to show in performance figures.
The company is enhancing its "Gifu Zoen Academy" (Gifu Landscaping Academy) training program aimed at developing young and mid-career employees, while also addressing the construction industry's "2024 Problem" through appropriate construction period setting and improving productivity through DX promotion. In the first half, ¥40 million was invested in acquiring intangible fixed assets, and investment in systems and digital infrastructure is progressing.
Last updated: July 17, 2026