ENVALITH
コニシ株式会社 logo

KONISHI CO., LTD.

4956Prime MarketChemicals

コニシ株式会社 logo
KONISHI CO., LTD.4956

Bond

Konishi's core business manufacturing and selling adhesives, sealants, and related products

PeriodCurrentPreviousChange
Segment net sales (full year, FY2026 (ending March 2026))¥74,315 million¥73,898 million (external customers) / ¥74,139 million (total)
Segment operating profit (full year, FY2026 (ending March 2026))¥6,760 million¥6,903 million
Segment assets (end of FY2026 (ending March 2026))¥77,284 million¥75,900 million
Depreciation (full year, FY2026 (ending March 2026))¥2,751 million¥1,860 million
Increase in tangible and intangible fixed assets (full year, FY2026 (ending March 2026))¥3,883 million¥7,559 million

Business Details

Manufactures and sells adhesives for industrial, household, construction, and civil engineering applications, repair materials, sealants, wallcovering adhesives, waxes, and adhesive tapes. Domestically operated by the Company itself, Minakuchi Chemical Industry, Sunrise, Wallbond Industry, and others; overseas operations are based in China, Vietnam, and Indonesia. Covers the housing-related, industrial materials, construction, and civil engineering fields, and is the largest segment, accounting for approximately 54% of consolidated net sales.

Recent Overview

Industrial materials field saw increased sales, but operating profit declined 2.1% year on year due to sluggish housing-related and sealant sales

In the Bond segment for FY2026 (ending March 2026), net sales were ¥74,315 million (up 0.6% year on year), and operating profit was ¥6,760 million (down 2.1% year on year). In the industrial materials field, expanded sales of elastic adhesives for automobiles and electronic components contributed to increased sales, while in the housing-related field, existing products were sluggish due to a decline in new housing starts caused by a rebound from front-loaded demand following the revision of the Building Standards Act. In the construction and civil engineering field, a decline in sales volume of construction sealants weighed on results. The Company continues capital investment aimed at long-term growth, including the establishment of a new water-based adhesive manufacturing facility at the Tochigi Plant.

Key Products

product
Adhesives for Industrial & Industrial Materials Applications

Expanded sales of elastic adhesives used in automobiles and electronic components, contributing to increased sales in the industrial materials field. Continues to pursue new customer development.

product
Adhesives for Housing & Construction Applications

On-site application adhesives for the housing-related field. Market development through introduction of new products is progressing, but the number of new housing starts declined due to a rebound from front-loaded demand caused by the revision of the Building Standards Act, resulting in sluggish performance of existing products.

product
Sealants for Building & Civil Engineering Applications

Sealants for the construction and civil engineering fields. Repair materials for construction performed steadily, but sales volume of construction sealants declined, resulting in overall sluggish performance.

product
Household Adhesives & Waxes

Household adhesives and waxes sold to home centers and convenience stores. Performance in FY2026 (ending March 2026) was roughly in line with the previous year.

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Wallcovering Adhesives

Specialized adhesives used for the installation of wallcovering materials. Constitutes part of the housing-related field.

Growth Drivers

  • Expansion of new customer development for elastic adhesives for automobiles and electronic components (industrial materials field)
  • Focus on product development for non-residential fields (electronics and automotive industries) and strengthened new customer development activities
  • Increased production capacity through establishment of a new water-based adhesive manufacturing facility at the Tochigi Plant
  • Steady demand for repair and renovation in the existing building stock market (buildings, condominiums, etc.) and infrastructure market
  • Focus on growth areas and active capital investment based on the Medium-Term Management Plan 2027

Risks

  • Continued decline in the housing-related field due to sustained decrease in new housing starts (limited prospects for housing demand recovery given rising interest rates and construction costs)
  • Decline in sales volume of construction sealants
  • Sluggish growth in sales to home centers and convenience stores in the household products field
  • Risk of rising manufacturing costs due to soaring raw material and resource prices
  • Uncertainty over the economic outlook due to expanding geopolitical risks such as the worsening situation in the Middle East

Last updated: June 16, 2026