NAGAWA Co., Ltd.
9663・Prime Market・Services
Unit House Business
Nagawa's core profit-generating business. Engages in the manufacture, sale, and rental of unit houses.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Sales | ¥29,066 million (FY2026 (ending March 2026)) | ¥29,099 million (FY2025 (ended March 2025)) | ↓ |
| Segment Operating Income | ¥3,663 million (FY2026 (ending March 2026)) | ¥3,591 million (FY2025 (ended March 2025)) | ↑ |
| Segment Assets | ¥29,858 million (FY2026 (ending March 2026)) | ¥28,639 million (FY2025 (ended March 2025)) | ↑ |
| Depreciation Expense | ¥4,279 million (FY2026 (ending March 2026)) | ¥3,850 million (FY2025 (ended March 2025)) | ↑ |
| Increase in Tangible and Intangible Fixed Assets | ¥4,942 million (FY2026 (ending March 2026)) | ¥5,897 million (FY2025 (ended March 2025)) | ↓ |
Business Details
Engages in the manufacture, sale, and rental of unit houses, as well as the sale and rental of ancillary office equipment, fixtures, and electrical appliances. This is the mainstay segment, accounting for approximately 82% of consolidated net sales. The revenue base is supported by the nationwide expansion of permanent and satellite showrooms and maintenance of utilization rates through continued investment in leasing assets. Permanent showrooms opened in the prior period gained traction, contributing to increased customer traffic. The company achieved sales expansion while curbing rising costs through robotization of production processes and changes to parts specifications.
Recent Overview
Increased customer traffic from showroom effect; sales slightly down but profit up 2.0% year on year.
In FY2026 (ending March 2026), segment sales were nearly flat at ¥29,066 million (down 0.1% year on year), while segment profit increased to ¥3,663 million (up 2.0% year on year). Permanent showrooms opened in the prior period gained traction, contributing to increased customer traffic. Efforts to curb rising costs through robotization of production processes and changes to parts specifications proved effective. Continued investment in rental houses steadily increased the number of units held, strengthening the supply system and maintaining utilization rates.
Key Products
Growth Drivers
- Expansion of the sales network through continued new openings and renovations of permanent and satellite showrooms
- Steady increase in units held and strengthened rental supply capacity through continued active capital investment in leasing assets
- Enhanced factory labor-saving and increased production capacity through introduction of fully automated welding robots, curbing cost increases
- Enhanced customer-attraction measures through campaign-style showroom events, boosting sales of new and used units
- Continued capture of demand for capital investment and maintenance from both public and private sectors
Risks
- Continued upward pressure on cost ratios due to rising material prices and labor costs
- Economic downside risk and suppression of private-sector capital investment due to uncertainty in US trade policy and geopolitical risks
- Impact on sales demand from weakening consumer sentiment due to price increases
- Impact on rental demand from capital investment restraint in specific industries
- Risk of rising fixed costs and failure to achieve sales plans associated with showroom expansion
Last updated: June 15, 2026