Expanding market share and securing stable earnings despite sluggish housing starts
First written in FY2016. 18 of 29 entries say "Restated". Latest entry: 2026-11-11.
3 other companies' latest entry also says "Advanced".
- FY2026RaisedAnnual report
「In the domestic market, to respond to declining housing starts while expanding the market share of storage products in the new-build housing market, we will position the renovation and remodeling markets as important growth drivers and strengthen our product offerings in the multi-unit housing market, consumer markets such as e-commerce, and the non-residential market. … In overseas markets, we will also pursue market development in the United States, Australia, and other markets, centered on the European plywood market, to sustainably strengthen our earnings power.」
In addition to expanding the market share of storage products in the new-build housing market, the company explicitly identified renovation and remodeling, multi-unit housing, e-commerce, non-residential, European, U.S., and Australian markets as growth areas, further broadening the scope of earnings sources independent of housing starts. - FY2026-H1RaisedAnnual report
「Our group considers establishing a business structure capable of generating stable earnings without depending on Japan's shrinking new-build housing market an important challenge. We are promoting various initiatives to generate earnings in the residential renovation and overseas markets, and this share acquisition is part of those efforts.」
The previous policy of reducing dependence on Japan's new-build housing market now explicitly incorporates generating earnings in overseas markets and establishing a business structure through M&A. - FY2025-H1RestatedAnnual report
「On the sales side, we worked to expand our market share in the new-build market and increase sales per housing start by broadening the lineup of our core storage products. We also actively proposed products to the renovation market, where demand for storage products is expected, pursued new sales channels in the multi-unit housing market, and focused on progress in various initiatives to establish business foundations in overseas markets.」
The company continues its previous policy of expanding earnings sources into the renovation, multi-unit housing, and overseas markets, centered on increasing market share and sales per housing start in the new-build market. - FY2024-Q3RaisedAnnual report
「To address the medium- to long-term decline in new housing starts, generating earnings in new markets independent of new housing starts is an important challenge for our group. We have worked to increase sales in the renovation and remodeling markets, promote sales through e-commerce sites to develop consumer markets, and establish business foundations in overseas markets.」
In addition to the existing renovation market, the company explicitly identified the remodeling market, broadening the scope of earnings sources independent of new housing starts. - FY2024-Q2RestatedAnnual report
「To address the medium- to long-term decline in new housing starts, generating earnings in new markets independent of new housing starts is an important challenge for our group. We have worked to increase sales in the renovation market, promote sales through e-commerce sites to develop consumer markets, and establish business foundations in overseas markets. We will continue to focus on progress in various initiatives to strengthen these business foundations.」
The company continues to strengthen its business foundations in renovation, consumer e-commerce, and overseas markets as earnings sources independent of new housing starts. - FY2024-Q1RestatedAnnual report
「To address the medium- to long-term decline in new housing starts, generating earnings in new markets independent of new housing starts is an important challenge for our group. We have worked to establish business foundations in the renovation market, consumer markets such as e-commerce, the non-residential market, and overseas markets. We will continue to focus on progress in various initiatives to strengthen these business foundations.」
The company continues to treat establishing business foundations in the renovation, consumer, non-residential, and overseas markets as an important challenge in developing earnings sources independent of housing starts. - FY2023RaisedAnnual report
「Under these circumstances, in the wood-related business, our group considers generating earnings in new markets independent of new housing starts an important challenge in addressing the medium-term decline in such starts. We believe it is important to expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, the non-residential market, and overseas markets.」
In addition to the existing renovation, DIY, e-commerce, and non-residential markets, the company explicitly identified overseas markets, broadening the scope of earnings sources independent of new housing starts. - FY2023-Q3RestatedAnnual report
「Under these circumstances, in the wood-related business, our group considers it an important challenge to develop new businesses that do not depend on the medium-term decline in new housing starts, and will expand its product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
To address the medium-term decline in housing starts, the company continues to treat product expansion into the renovation, DIY and e-commerce, and non-residential markets as an important challenge. - FY2023-Q2RestatedAnnual report
「Under these circumstances, in the wood-related business, our group considers it an important challenge to develop new businesses that do not depend on the medium-term decline in new housing starts, and will expand its product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
The company continues to treat product expansion into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets as important new businesses independent of new housing starts. - FY2023-Q1RestatedAnnual report
「To address the medium-term decline in new housing starts, our group considers it an important challenge to develop new businesses that do not depend on new housing starts. Specifically, we will expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
The company treats business development independent of new housing starts as an important challenge and continues to expand into the renovation, DIY and e-commerce, and non-residential markets. - FY2022RestatedAnnual report
「Amid these changes in the market environment, our group will pursue sustainable growth by actively developing new businesses that do not depend on new housing starts. Specifically, we will expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
The company continues to target sustainable growth through businesses independent of new housing starts and expansion into the renovation, DIY, e-commerce, and non-residential markets. - FY2022-Q1RestatedAnnual report
「To address the medium-term decline in new housing starts, our group considers it an important challenge to develop new businesses that do not depend on new housing starts. Specifically, we will expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
The company continues to develop businesses independent of new housing starts and expand its product offerings into the renovation, DIY, e-commerce, and non-residential markets. - FY2021RestatedAnnual report
「Amid these changes in the market environment, our group will pursue sustainable growth by actively developing new businesses that do not depend on new housing starts. Specifically, we will expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
The company continues to target sustainable growth through businesses independent of new housing starts and expansion into the renovation, DIY, e-commerce, and non-residential markets. - FY2021-Q3RestatedAnnual report
「New housing starts have declined due in part to the spread of COVID-19, and are expected to decline further in the medium-term market environment. Accordingly, addressing the important challenge of developing new businesses that do not depend on new housing starts, we will expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
The company continues to treat the decline in new housing starts and the development of new businesses independent of those starts as important challenges. - FY2021-Q2RestatedAnnual report
「New housing starts have fallen sharply due to the spread of COVID-19, and are expected to decline further in the medium-term market environment. Accordingly, addressing the important challenge of developing new businesses that do not depend on new housing starts, we will expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
Against the backdrop of a sharp decline in new housing starts and the prospect of a further medium-term decline, the company continues to treat business development independent of housing starts as an important challenge. - FY2020ReframedAnnual report
「We will pursue sustainable growth by actively developing new businesses that do not depend on new housing starts. Specifically, we will expand our product offerings into the renovation market, consumer markets such as DIY and e-commerce, and non-residential markets.」
The previous theme of expanding market share despite weak housing starts broadened into sustainable growth through new businesses that do not depend on new housing starts. - FY2020-Q3RestatedAnnual report
「In the wood-related business, we will continue to focus on expanding the market share of our core products, promoting new products and priority products for expanded sales, and entering the renovation and non-residential markets, while targeting increased orders for rental housing.」
The company continues to promote new products and priority products for expanded sales, and enter the renovation and non-residential markets, with expansion of the market share of its core products as the central focus. - FY2019RestatedAnnual report
「Even amid weak housing starts, we aim to expand market share so that we can secure stable earnings regardless of the external environment. Sales per housing start is one of our management indicators.」
The company continues to pursue the goal of expanding market share despite weak housing starts, using sales per housing start as an indicator. - FY2019-Q3RestatedAnnual report
「In the domestic market, we will continue to focus on expanding the market share of our core products, promoting new products and priority products for expanded sales, and entering the renovation and non-residential markets, while targeting increased orders for rental housing.」
The company continues to target expansion of the market share of its core products, development of the renovation and non-residential markets, and increased orders for rental housing. - FY2018-Q3RestatedAnnual report
「In the domestic market, we will continue to focus on expanding the market share of our core products, promoting new products and priority products for expanded sales, and entering the renovation and non-residential markets, while targeting increased orders for rental housing.」
The company continues to expand the market share of its core products, develop the renovation and non-residential markets, and target increased orders for rental housing. - FY2017ReframedAnnual report
「Under these circumstances, we have adopted the goal of becoming a leading manufacturer of storage materials. By developing products based on a true understanding of customer needs, creating highly satisfying products that pursue safety and genuine value, and contributing to the development and improvement of residential culture, we aim to become the leading manufacturer of storage materials.」
The policy of pursuing market share expansion and stable earnings despite weak housing starts was presented as the more product-category-focused goal of becoming a leading manufacturer of storage materials. - FY2017-Q3RestatedAnnual report
「In the wood-related business, sales and profit both increased as we expanded the market share of our core products in the domestic market through expanded sales, actively developed new products, and pursued entry into the renovation and non-residential markets, while continuing to focus on producing and selling products tailored to customer needs, particularly storage materials.」
The company explains that it continued to expand market share in the domestic market, develop new products, enter the renovation and non-residential markets, and address customer needs, resulting in higher sales and profit. - FY2017-Q2RestatedAnnual report
「In the domestic market, domestic sales remained firm as we continued to expand the market share of our core products, actively promote new products and priority products for expanded sales, and enter the renovation and non-residential markets.」
The company explains that it continued to expand the market share of its core products and that domestic sales remained firm. - FY2017-Q1RestatedAnnual report
「In the domestic market, domestic sales remained firm as we continued to expand the market share of our core products, actively promote new products and priority products for expanded sales, and enter the renovation and non-residential markets.」
The company continues to expand the market share of its core products and enter the renovation and non-residential markets. - FY2016First statedAnnual report
「Even amid weak housing starts, we aim to expand market share so that we can secure stable earnings regardless of the external environment. Sales per housing start is one of our management indicators.」
The company targets stable earnings through market share expansion and uses sales per housing start as an indicator.