2,298
+0.75%
Close of 9 Nov 2026, in JPY
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About Noritz
Its shares trade on Tokyo Stock Exchange under the ticker 5943.T. It has been listed since 1 August 1984. In the fiscal year to 31 December 2025, it reported revenue of ¥202.05bn and net income of ¥3.36bn. At that date it held total assets of ¥237.12bn and shareholders' equity of ¥139.90bn.
Noritz Corp. engages in the development, manufacture, and sale of heating energy systems and housing equipment. The company is headquartered in Kobe, Hyogo-Ken. The firm operates through two segments including Domestic segment and Overseas segment. The firm is engaged in the manufacture and sale of water heaters, air conditioning equipment, housing systems, kitchen equipment, as well as related business. The products and parts are manufactured by the Company and subsidiaries in Japan and overseas.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Building Products
- Listed since
- 1 Aug 1984
- Employees
- 8,489
- Website
- noritz.co.jp ↗
Leadership
Pay as last reported
- Mr. Satoshi HaramakiPresident, Chief Executive Officer, Representative Director
- Mr. Masamine HirosawaSenior Managing Executive Officer, Chief Senior Director of Products, Director
- Mr. Masayuki TakenakaSenior Managing Executive Officer, Chief Senior Director of International Business, Director, since 2016
- Mr. Kazushi HirookaManaging Executive Officer, Chief Senior Director of Business Strategy, Director, since 2016
- Mr. Hidenari IkedaManaging Executive Officer, Chairman of Subsidiaries, Chief Senior Director of Overseas Business, Director, since 2018
- Mr. Takashi InoueManaging Executive Officer
- Mr. Kazuhiro TakiiManaging Executive Officer, Chief Director of Sales in Main International Business Supervision Unit
- Mr. Takeshi YoshidaManaging Executive Officer, Chief Director of Production in Main Products Supervision Unit
- Mr. Atsushi YoshimotoManaging Executive Officer, Chief Director of Research & Development in Main Products Unit
- Mr. Eiichi KishiSenior Executive Officer, Chief Director of Quality Assurance Promotion in Main Products Supervision Unit
- Mr. Katsuhiro KusunokiSenior Executive Officer, Chief Senior Director of Strategy Business in Main International Business Supervision Unit
- Mr. Junya MakitaSenior Executive Officer, Chief Director of Kitchen Business Promotion in Main International Business Supervision Unit
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Noritz Corp is known for manufacturing high-quality products that meet industry standards and customer expectations. Their products are reliable, durable, and have a reputation for superior performance, making them a preferred choice among consumers.
- With many years of experience in the industry, Noritz Corp has established a strong market presence both domestically and internationally. Their brand recognition, widespread distribution channels, and established customer base contribute to their competitive advantage.
Weaknesses
- Noritz Corp primarily focuses on manufacturing tankless water heaters, which limits their product diversity. This narrow product range may hinder their ability to cater to the diverse needs and preferences of customers who may seek alternative heating solutions.
- As a global company, Noritz Corp relies on global supply chains for sourcing materials and components. Disruptions in the supply chains, such as trade restrictions or natural disasters, may impact their production and delivery capabilities, potentially leading to delays and customer dissatisfaction.
Opportunities
- As environmental consciousness increases, there is a growing demand for eco-friendly and energy-efficient products. Noritz Corp can seize this opportunity by expanding their product range to include sustainable heating solutions, such as solar-powered or hybrid systems, to attract environmentally-conscious customers.
- Noritz Corp can explore untapped emerging markets where the demand for reliable and efficient water heating systems is rising. By expanding their global presence into these markets, they can diversify their customer base and increase their revenue streams.
Threats
- The industry in which Noritz Corp operates is highly competitive, with several established and emerging players vying for market share. Intense competition can create price wars, erode profit margins, and require continuous innovation to stay ahead.
- Changes in government regulations and safety standards can impact the manufacturing and sale of water heating systems. Compliance costs, new certifications, or restrictions on certain components or materials can add complexity to Noritz Corp's operations and potentially limit their market reach.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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