Nagawa Co Ltd

Nagawa Co Ltd is a Japan-based company mainly engaged in the manufacture, sale and rental of modular houses, the construction and sale of modular system buildings and the sale and rental of construction machinery. It operates through three business segments. The Modular House Business segment manufactures, sells, and rents modular houses, and sells and rents office machinery, equipment, and electrical appliances associated with modular houses. The Modular System Building Business segment constructs and sells modular system buildings. The Construction Machinery Rental Business segment sells and rents construction machinery. It also sells repair parts and consumables for construction machinery.

• 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.