Nissou Co Ltd

Nissou Co., Ltd. is a Japan-based company mainly engaged in the renovation business. The Company is mainly engaged in the housing problems repair and other renovation works, mainly in the Tokyo metropolitan area. Customers are mainly small and medium-sized real estate companies. It is mainly engaged in restoration work to return buildings and rooms that have deteriorated over time to a state close to new construction. It also repairs old interiors and exteriors and renovates the water area when tenants are replaced in rental properties. It is also engaged in the repair work of water leaks and air conditioner failures. It is also engaged in large-scale renovation works, and interiors removal and recreation works.

• Mortgage rate / 30y fixed (leading (-))
• Housing starts / permits (leading)
• Buyer foot traffic / order trends (leading)
• Backlog months (coincident)
• Home-price-to-income ratios by metro (trend)

• Lumber tariffs (Canada/US softwood) · exposure: medium
• Immigration policy → labor supply · exposure: medium-high
• Local zoning + permit reform · exposure: high regional variance

• Closings per quarter / backlog — core volume
• ASP (avg selling price) — mix shift indicator
• Gross margin — 22-28% healthy
• Cancellation rate — 8-12% normal; >18% red flag
• Months of inventory — 4-6 healthy

Detailed financial analysis, valuation snapshot, multi-period history, and AI narrative are pending — generated when this company is included in the next analysis batch. Profile data above is point-in-time as of 2026-04-30.