- Business
- Nichiryoku Co., Ltd. (TSE:7578) engages primarily in the funeral, cemetery, and memorial services sector in Japan. The company constructs, sells, and manages cemeteries and ossuaries; designs, manufactures, sells, and installs stone products and materials including tombstones; conducts mining and sales of stone; undertakes exhumation and relocation services; plans and contracts various rituals; sells funeral gifts and Buddhist altars; and operates funeral facilities. Founded on December 22, 1966 and headquartered in Tokyo at 1-7-20 Yaesu, Chuo-ku, the firm employs 152 people and serves individual customers and families nationwide through urban park cemeteries, indoor tombs regardless of religious denomination, family funerals ranging from small-scale to large gatherings, and end-of-life seminars covering inheritance, legacy sorting, insurance reviews, and caregiving. Recent developments include the April 2025 private placement of new shares and third-series stock acquisition rights with price adjustment clauses; ongoing issuances and monthly exercise reports for these rights as of December 2025; a headquarters relocation to its current Yaesu address in July 2021; formulation of a new medium-term management plan; delayed submission of its fiscal half-year report ending September 2025 due to preparation issues resolved by mid-November 2025; and shareholding changes involving Long Corridor Asset Management reducing its stake to approximately 19.69% in July 2025 while Nichiryoku maintains reciprocal holdings.