Cleanup Corporation
7955・Prime Market・Other Products
Cleanup Corporation (Single Segment)
A specialized manufacturer of housing equipment, operating in kitchen and bath/washroom fixtures
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Full Year, Actual) | ¥134,487 million | ¥129,987 million | ↑ |
| Operating Income (Full Year, Actual) | ¥3,948 million | ¥2,070 million | ↑ |
| Operating Margin (Full Year, Actual) | 2.9% | 1.6% | ↑ |
| Ordinary Income (Full Year, Actual) | ¥4,454 million | ¥2,621 million | ↑ |
| Profit Attributable to Owners of Parent (Full Year, Actual) | ¥3,475 million | ¥1,719 million | ↑ |
| Net Sales (Kitchen Division, Actual) | ¥108,989 million | Up 3.5% year on year | ↑ |
| Net Sales (Bath/Washroom Division, Actual) | ¥14,813 million | Down 0.1% year on year | — |
| Earnings per Share | ¥96.73 | ¥47.67 | ↑ |
| Equity Ratio | 64.7% | 63.1% | ↑ |
| Cash and Cash Equivalents at End of Period | ¥19,375 million | ¥18,767 million | ↑ |
| Annual Dividend per Share | ¥33.00 | ¥31.00 | ↑ |
Business Details
The Cleanup Group is a single-segment company primarily engaged in the manufacture and sale of system kitchens, system bathrooms, washstands, and other equipment for residential and commercial/office use. The kitchen division accounts for approximately 81% of net sales. The company operates its own production facilities in eastern and western Japan, and leverages customer touchpoints through its membership-based renovation network, Mizumawari Koubou affiliated stores, and showrooms as a key strength. Subsidiaries support the group's operations by handling stainless steel material supply, logistics, construction after-sales service, and IT, among other functions.
Recent Overview
The effects of price revisions and cost reductions took hold, resulting in a substantial 90.7% year-on-year increase in operating income
In FY2026 (ending March 2026), the company achieved significant profit growth, with net sales of ¥134,487 million (up 3.5% year on year), operating income of ¥3,948 million (up 90.7% year on year), and net income of ¥3,475 million (up 102.2% year on year). The gross margin improved as the effects of price revisions materialized and through VE (value engineering) activities and cost reductions at the eastern and western production facilities, while the SG&A ratio also declined. STEDIA was renewed in September 2025, and the Chiba/Kashiwa showroom was renovated and reopened. A change in the estimate of asset retirement obligations (an increase of ¥226 million) reduced operating income by ¥140 million. For FY2027 (ending March 2027), the company expects net sales of ¥142,000 million and operating income of ¥4,900 million.
Key Products
Growth Drivers
- Rising gross margin driven by the materialization of price revision effects
- Improved product mix through expanded sales of high-value-added products (CENTRO, renewed STEDIA, etc.)
- Strengthened customer touchpoints through showroom relocation/renovation (Chiba, Kashiwa) and online consultations/online showrooms
- Cost reduction through VE activities and productivity improvements at eastern and western production facilities
- Capturing renovation demand through strengthened collaboration with Mizumawari Koubou affiliated stores
Risks
- Continued decline in new housing starts (particularly owner-occupied housing) leading to reduced demand for new construction
- Continued increases in raw material, energy, logistics, and labor costs
- Rising raw material prices and procurement risks due to the prolonged situation in Ukraine and geopolitical risks in the Middle East, among other factors (not factored into earnings forecasts)
- Risk of intensifying competition with rival companies and delayed response to consumer needs
- Significant impact on production facilities from natural disasters, etc.
- Stagnation in personal consumption due to persistently high consumer prices
Last updated: June 24, 2026