ENVALITH
立川ブラインド工業株式会社 logo

TACHIKAWA CORPORATION

7989Prime MarketMetal Products

立川ブラインド工業株式会社 logo
TACHIKAWA CORPORATION7989

Interior & Exterior Furnishing Products Business

Tachikawa Corporation's core business. Manufacturing and sale of blinds, partitions, etc., accounting for approximately 83% of consolidated net sales.

PeriodCurrentPreviousChange
Net sales (Q1 FY2026 cumulative)¥9,413 million¥9,209 million (Q1 FY2025 cumulative)
Operating profit (Q1 FY2026 cumulative)¥1,305 million¥1,227 million (Q1 FY2025 cumulative)
Net sales (full-year actual, reference)¥35,944 million (full-year FY2025)
Operating profit (full-year actual, reference)¥3,727 million (full-year FY2025)

Business Details

Manufactures, sells, and installs blinds, roll screens, vertical blinds, movable partitions, curtain rails, and related products. The company operates a vertically integrated business structure centered on domestic manufacturing, with consolidated subsidiaries sharing manufacturing, processing, installation, and import/export functions. The business supplies opening-related products for residential and non-residential use to building materials distributors, construction contractors, and general contractors, focusing on the expanded sale of high-value-added products centered on well-being, energy conservation, and comfort.

Recent Overview

Expanded light-control fabric lineup and the opening of the Shinjuku showroom stimulated demand, with both net sales and operating profit increasing year on year.

In Q1 FY2026 (January to March 2026), the Interior & Exterior Furnishing Products Business recorded net sales of ¥9,413 million (up 2.2% year on year) and operating profit of ¥1,305 million (up 6.4% year on year). Growth was supported by the expansion of the fabric lineup for the light-control vertical blind "Aere," which opened up new target customer segments, and by enhanced promotional activities through experiential displays at the Shinjuku showroom, which opened in January 2026. In April, the company also integrated its Chugoku and Shikoku branches into a single Chugoku-Shikoku branch, launching operations to promote sales function efficiency.

Key Products

product
Roll Screen "Ruarc Shield"

Core roll screen product for residential and non-residential use. A high-value-added product emphasizing energy conservation and light-blocking performance.

product
Vertical Blinds "Line Drape" / "Vertical Blind"

Vertical blinds for residential and office use, offered in a diverse range of fabric lineups.

product
Light-Control Fabric Products "Lumie" / "Aere"

"Aere" is a light-control vertical blind. As of Q1 FY2026, the fabric lineup was expanded to develop new target customer segments. Sales have been strong as demand for light-control fabric products has increased.

product
Electric Products "Home Tacos"

Electrified products for residential use. Being expanded as a high-value-added product to capture smart home demand.

product
Movable Partitions & Panel Partitions

Space partition products for non-residential use, capturing demand such as office renovations.

Growth Drivers

  • Development of new target customer segments and shift toward high-value-added products through expansion of the fabric lineup for light-control fabric products (Lumie and Aere)
  • Capturing smart home demand through expanded sales of the electric product "Home Tacos"
  • Stimulating demand across a wide range of customer segments and strengthening experience-based sales promotion by leveraging the Shinjuku showroom, opened in January 2026
  • Strengthening earning capacity through price revisions on core products (absorbing rising material costs)
  • Improving development quality and speed and bringing well-being-oriented products to market by leveraging the technology research building, operational since October 2024
  • Expanding production capacity through increased capital investment aimed at smart factory transformation
  • Capturing renovation demand and expanding product offerings through M&A and new alliances (medium-term management plan "Tachikawa Vision 2028")
  • Improving sales function efficiency and enhancing customer service through the integration of sales offices (Chugoku-Shikoku branch)

Risks

  • Continued decline in new housing starts (mainly detached houses, with rising construction costs and mortgage interest rates as concerns)
  • Upward pressure on cost of sales ratio due to rising raw material costs, outsourcing costs, and logistics costs
  • Risk of construction delays due to labor shortages and working-hour regulations in the construction industry
  • Risk of continued impairment losses in the Interior & Exterior Furnishing Products Business
  • Risk of inventory obsolescence and valuation losses arising from the build-to-forecast and short-lead-time build-to-order production model
  • Price increases and supply concerns for some raw materials due to prolonged instability in the Middle East

Last updated: March 18, 2026