- CEO
- Teiji Wakita
- Full Time Employees
- 2,160
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- 1-3-20 Edobori Osaka OS Japan 550-0002
- IPO Date
- Oct 1, 1979
- Business
- Wakita & Co., Ltd. (8125.T) engages primarily in construction equipment, trading, and real estate businesses in Japan. The company manufactures, sells, rents, and exports civil engineering and construction equipment, including excavators, bulldozers, wheel loaders, rollers, pumps, generators, air compressors, submersible pumps, concrete equipment, earthmoving machinery, soil improvement machines, and its proprietary MEIHO brand products such as high-pressure washers, floodlights, blowers, diamond blades, and rubber crawlers; it also rents light machinery tools, welding machines, compressors, storage batteries, compactors, road machinery, small lifting equipment, and house tools, while offering used construction equipment exports via its WIN Auction platform and overseas operations targeting Asia, the US, Europe, Oceania, and the Middle East. In trading, Wakita provides sales and rentals of cargo handling equipment, surveying instruments, outdoor toilet units, video and audio equipment, nursing care products, and crane lifting services; its real estate segment leases office buildings and condominiums, sells detached houses, and manages hotels. Founded in 1949 and headquartered in Osaka, Japan, the company operates approximately 70 locations nationwide with around 1,739 employees, servicing construction firms, infrastructure projects, and related industries primarily within Japan. Wakita recently acquired NITTO RENTAL CO., LTD. to strengthen its rental operations and market position, while facing ongoing shareholder proposals from activist investor SC for the fifth consecutive year aimed at strategic enhancements.