Expanding the Metal Siding Business to Develop the Renovation and Nonresidential Markets
First written in FY2021. 5 of 6 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Regarding the development of renovation demand, in addition to the proprietary “NICHIHA MARC System” construction method for mid-rise buildings and condominiums, the company is developing the market through the new “Slate Exterior Wall Renovation Method,” which uses metal exterior wall materials to renovate aging production and logistics facilities.」
In the metal exterior materials business, the company newly developed the “Slate Exterior Wall Renovation Method” for renovating production and logistics facilities, expanding its target market beyond residential renovations. - FY2024AdvancedAnnual report
「In July 2023, the company launched “Yokodan Roof αS Kamahen,” a southern European-style metal roofing product featuring a gradation finish with contrasting light and dark tones.」
In July 2023, the company launched a new roofing product in its metal business and expanded its product lineup to develop markets for exterior materials, renovations and other applications. - FY2023AdvancedAnnual report
「Going forward, the company will further develop markets and expand its metal business by drawing on products compatible with one-hour fire-resistant steel-frame construction, the product “Smart Flat Premium,” which received a 2021 Good Design Award, and the “Metal Guard Hikari” series of new products launched in October 2022.」
In the metal siding business, the company launched the “Metal Guard Hikari” series in October 2022 and is expanding the market alongside fire-resistant products and other offerings. - FY2023-Q2AdvancedAnnual report
「In Japan, the ceramic exterior materials business recorded higher revenue year on year due to increased industry-wide shipment volumes and price revisions from August, while the metal exterior materials business also recorded higher revenue year on year due to an increased market share and price revisions.」
The metal exterior materials business recorded higher revenue year on year due to an increased market share and price revisions, demonstrating progress in the metal siding business, including the development of the renovation and nonresidential markets. - FY2023-Q1AdvancedAnnual report
「In Japan, the ceramic exterior materials business recorded higher revenue as industry-wide shipment volumes increased, while the metal exterior materials business also recorded higher revenue due in part to an increased market share.」
The company reported higher revenue in its metal exterior materials business due in part to an increased market share. This is described as progress in the metal siding business, including the development of the renovation and nonresidential markets. - FY2021First statedAnnual report
「Metal siding is used not only in new residential construction but also in renovations, and stable growth is expected as a stock-based business amid the decline in new housing construction. In addition, as with the company’s core ceramic exterior materials, potential demand is expected in the nonresidential market, and the company will strengthen sales targeting low-rise warehouses, factories, stores and other facilities. The company will also place greater emphasis on product development, including new products compatible with one-hour fire-resistant steel-frame construction, and continue developing new markets.」
The company identified for the first time as a key priority the expansion of its metal siding business as a stock-based renovation business and a nonresidential business targeting low-rise warehouses, factories and stores, while advancing development including fire-resistant products.