- CEO
- Kazunari Abe
- Full Time Employees
- 1,107
- Sector
- Producer manufacturing
- Industry
- Building products
- Address
- Tokyo Nissei Prince Building Tokyo TY Japan 111-0041
- IPO Date
- Apr 4, 1997
- Business
- AINAVO HOLDINGS Co., Ltd. (7539.T) is a Japan-based pure holding company primarily engaged in the construction and wholesale of building materials and home equipment for residential and commercial properties through its eight consolidated subsidiaries and five non-consolidated subsidiaries; it operates in two main segments, the standalone homes business, which includes exterior wall installations of tiles, stones, siding, interior/exterior tiles, floor tiles and exteriors; home equipment installations such as unit baths, system kitchens, luxury bathtubs, water heaters, sanitary equipment, air conditioning, solar power generation systems and other housing-related products; building materials sales including tiles and stones; and home equipment sales; and the large properties business, which encompasses tile sales and installations using stone and dry methods for buildings and condominiums, as well as home equipment sales and installations including built-in kitchens and air-conditioning equipment mainly for major general contractors like Obayashi Corporation, Konoike Construction and HASEKO Corporation. The company serves approximately 7,000 customers ranging from smaller general contractors and local homebuilders to large contractors, procures primarily from LIXIL Corporation, TOTO Ltd., Rinnai Corporation, Cleanup Corporation and DAIKEN Corporation, and employs about 2,000 subcontractors with specialized training through its skills center; it targets ordinary homes, small condominiums, stores, non-housing facilities and large-scale properties, with a focus on the Japanese market including Tokyo, Chubu and Kansai regions from its headquarters in Tokyo's Taito District. Founded in 1924 and formerly known as Avelco Co., Ltd. until its name change in October 2013, AINAVO HOLDINGS reported FY9/24 net sales of ¥89.8 billion with operating profit up 22.7% year-on-year to ¥2.2 billion, driven by a 0.6 percentage point improvement in gross profit margin to 14.4%, recovery in high-margin projects at subsidiary OnchoGiken Co., Ltd., and the contribution of newly consolidated subsidiary MIC Co., Ltd. from October 2023 which added ¥1.3 billion in sales and ¥192 million in operating profit; the company maintains a robust balance sheet with ¥12.0 billion in net cash, pursues M&As aligned with area and business strategies under its fourth medium-term management plan through FY9/25 emphasizing business model transformation, profit structure rebuilding, DX promotion, human resource development and capital policy with ROE target of 8%, and forecasts FY9/25 net sales of ¥92.7 billion and operating profit of ¥2.3 billion while formulating a new medium-term plan amid challenges meeting prior quantitative targets.