ENVALITH
神島化学工業株式会社 logo

Konoshima Chemical Co.,Ltd.

4026Standard MarketGlass & Ceramics Products

神島化学工業株式会社 logo
Konoshima Chemical Co.,Ltd.4026

Building Materials Business

Core segment engaged in manufacturing and sale of non-combustible fiber cement building materials for residential and non-residential use

PeriodCurrentPreviousChange
Segment net sales¥15,356 million (FY2026, ending April 2026)¥15,090 million (FY2025, ended April 2025)
Segment profit (operating income)¥1,466 million (FY2026, ending April 2026)¥909 million (FY2025, ended April 2025)
Segment assets¥10,925 million (end of FY2026, ending April 2026)¥9,981 million (end of FY2025, ended April 2025)
Depreciation and amortization¥514 million (FY2026, ending April 2026)¥498 million (FY2025, ended April 2025)
Increase in tangible and intangible fixed assets¥1,359 million (FY2026, ending April 2026)¥1,406 million (FY2025, ended April 2025)
Segment operating margin9.5% (FY2026, ending April 2026)6.0% (FY2025, ended April 2025)

Business Details

Manufactures and sells fiber cement siding, eave ceiling boards, bargeboards, fireproof panels, and other non-combustible building materials for residential and non-residential/building applications. Its primary market is the domestic housing market, and it aims to improve profitability through expanded sales of high-value-added products (Premium Eave Ceiling Board, siding, and Calcium Silicate Board "Pri-Keikaru"). In FY2026 (ending April 2026), net sales were ¥15,356 million, accounting for approximately 54.8% of consolidated net sales.

Recent Overview

Operating income improved significantly, up 61.2% year on year, driven by price pass-through and expanded sales of high-value-added products

In the Building Materials Business for FY2026 (ending April 2026), net sales reached ¥15,356 million (up ¥265 million, or 1.8%, year on year), and segment profit reached ¥1,466 million (up ¥556 million, or 61.2%, year on year). In the residential sector, "Pri-Keikaru" declined, while expanded sales of Premium Eave Ceiling Board and siding drove increased revenue. In the non-residential sector, although delays in building construction continued, expanded sales of Premium Eave Ceiling Board for commercial facilities limited the decline in revenue to a minor amount. Price pass-through effects also contributed significantly to profit improvement. Meanwhile, in the overall housing market, new housing starts declined 12.9% year on year in FY2025 due to a pullback following front-loaded demand ahead of the enforcement of the revised Building Standards Act and the Building Energy Efficiency Act.

Key Products

product
Fiber Cement Siding "Dresse Premium"

Fiber cement siding used as exterior wall material for houses. The company has been promoting expanded sales as a high-value-added product, which contributed to increased revenue in FY2026 (ending April 2026) as well.

product
Premium Eave Ceiling Board

High-value-added eave ceiling board deployed for the residential sector as well as non-residential commercial facilities. In FY2026 (ending April 2026), expanded sales in both residential and non-residential applications contributed significantly to increased revenue and profit.

product
Calcium Silicate Board "Pri-Keikaru"

Calcium silicate board for the residential sector. Performance was strong in the prior period (FY2025, ended April 2025), but turned to a decline in FY2026 (ending April 2026). It continues to be positioned as one of the key products.

product
Fireproof Panels / Bargeboards

Exterior building materials responsible for the fire-resistance performance of houses and buildings. One of the core product lines constituting the Building Materials Business's product lineup.

Growth Drivers

  • Increased revenue from expanded sales of high-value-added products (Premium Eave Ceiling Board, "Dresse Premium" siding) to residential and commercial facility markets
  • Profit improvement through price pass-through effects (absorbing rises in fuel and raw material costs)
  • Creation of new demand through the October 2026 launch of "ZESTA," a CO2-fixing product using exhaust gas
  • Expected expansion in demand for environmentally conscious products (pre-cut compatible, labor-saving installation products)
  • Productivity improvement through smart factory transformation via AI and IoT technology adoption

Risks

  • Decline in new housing starts due to a pullback following front-loaded demand ahead of the enforcement of the revised Building Standards Act and the Building Energy Efficiency Act (down 12.9% year on year in fiscal 2025)
  • Risk of revenue decline due to continued delays in building construction in the non-residential sector
  • Cost pressure from persistently high fuel and raw material costs
  • Medium- to long-term contraction of the domestic housing market due to the ultra-low birthrate and aging society
  • Uncertainty in the raw material and fuel procurement environment and demand trends stemming from US tariff policy and the situation in the Middle East

Last updated: July 14, 2026