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Nissou: Extraordinary Report
Nissou: Confirmation letter
Nissou: Financial Report - 36th Term (2023/08/01 - 2024/07/31)
Nissou Research Memo (5): Expanding shareholder benefits scheme. In addition to long-term holding benefits, point carryover will be possible.
■Nissho <1444> implemented its shareholder returns strategy by listing on the TSE Growth Market in July 2022 and is currently in a growth stage. While policies like dividends are not in place, the company recognizes shareholder returns as an important policy and conducts its business activities accordingly. The company has introduced the "Nissho Premium Membership Club," a point-based shareholder benefit program with January 31st and July 31st as reference dates, allowing shareholders to exchange the awarded points for over 5,000 different commodities. In addition,
Nissou Research Memo (2): Mainly engaged in renovation business with also handling resort property transactions.
■Company Overview 1. Company Overview Nissho <1444> aims to be the number one renovation company in Japan in name and reality, under the management policy of 'sincere employees, understanding customers, reliable suppliers, solid subcontractors, and other stakeholders in the business, considering all as business partners and building strong trusting relationships. The company was established in 1988. It is engaged in original restoration work, renovation work, house cleaning and maintenance work during occupancy, and other large-scale repair work, etc.
Nissho Research Memo (1): In the July 2024 fiscal year, revenue hit a record high. M&A also progressing.
■Summary Nissou <1444> is a company that engages in renovation and real estate business. Its main business is renovation, which includes restoration work, renovation work, house cleaning, in-occupancy maintenance work, as well as large-scale projects such as exterior painting and rooftop waterproofing. It specializes in small-scale and low-priced renovation work that large companies find difficult to enter, operating in a blue ocean market (a market with few competitors in a new business area). Thin profit margin.
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