Overview
Construction

NIHON HOUSE HOLDINGS CO.,LTD.

Nihon House Holdings Co., Ltd. is a Japanese homebuilder specializing in custom-built wooden residential construction, land development, and property sales, primarily targeting individual homebuyers seeking high-quality craftsmanship. The company also operates hotels and leisure facilities through its subsidiary Nihon House Hotel & Resort Co., Ltd., and conducts solar power generation for sale to utility companies. Its vertically integrated model—spanning in-house design, proprietary timber processing via subsidiaries, and construction supervision—serves as a key competitive differentiator.

Market Cap
¥12.6B
US$80.4M
EV
¥16.7B
US$107M
Stock¥315▲+0.96%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.1
x
LTM EV/EBIT
6.5
x
LTM PER
8.4
x
LTM PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-18.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
12.6BUS$80.4MMarket Cap9.45BUS$60.3M+ Debt5.23BUS$33.3M− Cash0.30BUS$1.91M− Inv. Sec.0.19BUS$1.20M+ NCI16.7BUS$107MEV
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Performance & Balance
Revenue 5Y (¥B)
42.8US$273M'22/1039.1US$249M'23/1012.9US$82.2M'24/435.0US$223M'25/429.6US$189M'26/4
EBITDA 5Y (¥B)
3.77US$24.1M'22/102.48US$15.8M'23/10-0.48-US$3.07M'24/43.86US$24.6M'25/43.90US$24.8M'26/4
Net Income 5Y (¥B)
1.47US$9.40M'22/10-0.05-US$0.30M'23/10-1.24-US$7.93M'24/41.14US$7.24M'25/41.34US$8.55M'26/4
Capital Structure
70%
30%
EquityD/E 0.42xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
7.61US$48.6M11.8US$75.4M'22/105.20US$33.2M9.45US$60.3M'23/105.86US$37.4M12.0US$76.4M'24/46.36US$40.6M10.3US$65.9M'25/47.32US$46.7M11.6US$74.1M'26/4
Shareholders
Top 10 hold 35.2%
1
NIHON HOUSE HOLDINGS CO.,LTD. Employee Stock Ownership Association
9.14%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
7.97%
3
Mizuho Bank, Ltd.
3.31%
4
SYLA Holdings Co.,Ltd.
3.23%
5
Stock Ownership Association
3.02%
6
Mizuho Securities Co., Ltd.
2.40%
7
NIPPON PARKING DEVELOPMENT Co.,Ltd.
2.05%
8
Kazuyuki NARITA
2.02%
9
MUFG Bank, Ltd.
1.05%
10
Custody Bank of Japan, Ltd. (Trust Account)
0.99%
Management
7 officers
Kazuyuki NARITA
Representative Director, Chairman; General Head, Real Estate Division
Apr 1976 Joined the Company Dec 1990 Manager, Hakodate Branch, the Company Jan 1993 Director, the Company Nov 1994 Hokkaido Block Manager, the Company Aug 1995 Metropolitan Area Block Manager and Manager, Yokohama Branch, the Company Jul 2001 Managing Director, the Company Nov 2001 Deputy Head, Sales and Technology Division, the Company Apr 2002 Representative Director, President and Head, Sales and Technology Division, the Company Nov 2002 Representative Director, President, the Company Nov 2011 Head, Business Division, the Company Jan 2019 Representative Director, Chairman, the Company (current) Jan 2019 Representative Director, Chairman, Nihon House Hotel & Resort Co., Ltd. (current) Jan 2019 Representative Director, Chairman, Nihon House Hotel & Resort Club Co., Ltd. (current) Apr 2022 Representative Director, President, Nihon House Hotel & Resort Co., Ltd. Nov 2023 Representative Director, President and Head, Housing Division, the Company May 2024 Representative Director, President and Head, Real Estate Division, the Company May 2026 General Head, Real Estate Division, the Company (current)
1953-04-20
Koichi TAKAHASHI
Representative Director, President and Executive Officer; General Head, Administration Division
Apr 1992 Joined Dai-Ichi Kangyo Bank (now Mizuho Bank, Ltd.) Apr 2016 Deputy General Manager, Planning and Administration Division, Mizuho Financial Group, Inc. Apr 2018 General Manager, Trust Sales Division No. 6, Mizuho Trust & Banking Co., Ltd. Apr 2020 Senior Executive, Planning Group, Mizuho Securities Co., Ltd. Jul 2021 Executive Officer, Mizuho Securities Co., Ltd. Oct 2023 Advisor, the Company Jan 2024 Joined the Company Jan 2024 Managing Director and Executive Officer, the Company Jan 2024 General Manager, Administration Division, the Company May 2024 General Head, Administration Division, the Company (current) May 2025 Managing Director and Senior Executive Officer, the Company May 2025 Head, Happy Storage Business Division, the Company May 2026 Representative Director, President and Executive Officer, the Company (current)
1969-06-20
Akira SHIBATANI
Director
Apr 1983 Appointed Assistant Judge Apr 1988 Appointed Instructor, Court Clerks' Training Institute Apr 1991 Registered as Attorney-at-Law Jul 1993 Established Shin-Yaesu Law Office (current) Jun 1998 Outside Audit & Supervisory Board Member, Masaru Co., Ltd. (current) Apr 2004 Specially Appointed Professor, Komazawa University Law School Jan 2012 Director, the Company (current)
1955-09-27
Katsuyoshi EJIMA
Director
Apr 1977 Joined Dai-Ichi Kangyo Bank (now Mizuho Bank, Ltd.) Apr 2004 Executive Officer, Credit Planning Division Head, Mizuho Financial Group, Inc. Apr 2005 Executive Officer and Head Office Branch Manager, Mizuho Bank, Ltd. Mar 2006 Managing Executive Officer, Compliance Group Head and Credit Examination Group Head, Mizuho Corporate Bank, Ltd. (now Mizuho Bank, Ltd.) Apr 2008 Managing Executive Officer in charge of Credit Examination Division, Mizuho Bank, Ltd. Jun 2009 President, Mizuho Investors Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Jan 2013 Director, Executive Vice President and Executive Vice President Executive Officer, Mizuho Securities Co., Ltd. Apr 2014 Standing Advisor, Mizuho Securities Co., Ltd. Jan 2016 Director, the Company (current) Jun 2016 Outside Audit & Supervisory Board Member, Wakamoto Pharmaceutical Co., Ltd. Jun 2017 Outside Director (Audit and Supervisory Committee Member), Wakamoto Pharmaceutical Co., Ltd. (current) Apr 2020 Advisor, Nihon Tochi Tatemono Co., Ltd. (now Chuo Nihon Tochi Tatemono Co., Ltd.)
1953-12-29
Seiichiro KONDO
Full-time Audit and Supervisory Board Member
Apr 1985 Joined Nippon Zeon Co., Ltd. Sep 1990 Joined Koei Co., Ltd. (now Koei Tecmo Holdings Co., Ltd.) Apr 1999 Director, General Affairs Department Head and Accounting Department Head, Koei Net Co., Ltd. (now Koei Tecmo Net Co., Ltd.) Oct 2008 Joined the Company Oct 2008 General Manager, Accounting Department, the Company Jan 2016 Full-time Audit and Supervisory Board Member, the Company (current)
1961-04-20
Eizo CHITANI
Audit and Supervisory Board Member
Apr 1984 Joined Toyo Engineering Corporation Oct 1988 Joined Asahi Shinwa Auditing Co. (now Azusa Audit LLC) Mar 1992 Registered as Certified Public Accountant (current) Jul 1992 Joined Aoyama Audit Corporation, Price Waterhouse Accounting Office (now PwC Japan LLC and PwC Tax Corporation) Aug 1994 Joined International Digital Communications Co., Ltd. (now IDC Frontier Inc.) Jul 1996 Opened Chitani Accounting Office; Principal (current) Jul 1996 Registered as Certified Tax Accountant (current) Jan 2016 Audit and Supervisory Board Member, the Company (current)
1961-10-26
Yoshihide AKAZAWA
Audit and Supervisory Board Member
Apr 1980 Joined Dai-Ichi Kangyo Bank (now Mizuho Bank, Ltd.) Apr 2000 Manager, Aomori Branch, Mizuho Bank, Ltd. Oct 2002 Manager, Adachi Branch, Mizuho Bank, Ltd. Jul 2004 Manager, Sapporo Chuo Branch, Mizuho Bank, Ltd. Aug 2006 Manager, Sapporo Branch, Mizuho Bank, Ltd. Apr 2007 Senior Manager, Branch Operations Unit No. 2, Operations Department, Mizuho Bank, Ltd. Apr 2008 Manager, Nagoya Branch, Mizuho Bank, Ltd. Apr 2009 Executive Officer and Manager, Nagoya Branch, Mizuho Bank, Ltd. Apr 2010 Managing Executive Officer, Mizuho Bank, Ltd. Apr 2012 Managing Executive Officer, Shimizu Corporation Jun 2015 Representative Director, President, Nagoya Building Co., Ltd. Apr 2021 Audit and Supervisory Board Member, Chuo Nihon Tochi Tatemono Group Co., Ltd. Apr 2021 Audit and Supervisory Board Member, Chuo Nihon Tochi Tatemono Co., Ltd. Jan 2022 Audit and Supervisory Board Member, the Company (current) Jun 2022 Chairman, Nagoya Building Co., Ltd. Jul 2023 Special Advisor, Nagoya Building Co., Ltd.
1957-02-07
Large Shareholding Reports
Mizuho Bank, Ltd.
2026-09-25
3.31%→3.31%
Annual report (as of 2026-04-30): 3.31%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-25
Large Shareholding Report
TDnet
2026-09-04
Q1 Earnings Flash
FY ending Apr 2027
EDINET
2026-07-22
Annual Securities Report
Period: May 2025 – Apr 2026
TDnet
2026-03-06
Q3 Earnings Flash
FY ending Apr 2026
EDINET
2025-12-12
Semi-Annual Securities Report
Period: May 2025 – Apr 2026
TDnet
2025-09-05
Q1 Earnings Flash
FY ending Apr 2026
EDINET
2025-07-24
Annual Securities Report
Period: May 2024 – Apr 2025
TDnet
2025-03-07
Q3 Earnings Flash
FY ending Apr 2025
EDINET
2024-12-13
Semi-Annual Securities Report
Period: May 2024 – Apr 2025
TDnet
2024-09-06
Q1 Earnings Flash
FY ending Apr 2025
EDINET
2024-07-25
Annual Securities Report
Period: Nov 2023 – Apr 2024
EDINET
2024-03-11
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2024-01-25
Annual Securities Report
Period: Nov 2022 – Oct 2023
EDINET
2023-09-11
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-06-12
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-03-10
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINET
2023-01-26
Annual Securities Report
Period: Nov 2021 – Oct 2022
EDINET
2022-09-09
Quarterly Securities Report
EDINET
2022-06-10
Quarterly Securities Report
EDINET
2022-03-10
Quarterly Securities Report
EDINET
2022-01-27
Annual Securities Report
EDINET
2021-09-10
Quarterly Securities Report
EDINET
2021-06-10
Quarterly Securities Report
EDINET
2021-03-09
Quarterly Securities Report
EDINET
2021-01-28
Annual Securities Report
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