Hashimoto Corporation HD Research Memo (2): Primary wholesale of piping equipment and residential facilities closely linked to trading partners.

■Company Overview 1. Company Overview Hashimoto Sogyo Holdings <7570> is a primary wholesaler of plumbing equipment and residential facility equipment. It specializes in water-related products such as piping, sanitary ceramics, metal fittings, residential facility equipment, air conditioning equipment, and pumps, which it sources from major manufacturers. It sells these residential facility and construction-related materials to secondary wholesalers, construction stores, general contractors, subcontractors, and others throughout the country. As a primary wholesaler, it fully utilizes its inventory, information, and delivery capabilities to establish strong connections with manufacturers and secondary wholesalers.

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