HIVIC Co., Ltd

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HIVIC Co., Ltd - overview

Established

1967

Location

Oyama, Tochigi, Japan

Primary Industry

Forestry & Timber

About

HIVIC Co. , Ltd is a Japanese manufacturer specializing in construction materials and housing solutions, providing high-quality precut wooden products and housing-related components to contractors and builders across Japan. Founded in 1967, HIVIC Co. , Ltd operates from Oyama, Japan, focusing on the construction sector.


The company was recently acquired by Yamae Hisano Co. , Ltd. in February 2019 for JPY 8. 5 billion from Polaris Capital Group.


The company's founder's prior history and involvement in other ventures are not detailed. HIVIC Corporation specializes in a comprehensive range of products for the construction sector, particularly housing solutions. Its core offerings include manufacturing and sales of precut wooden products, various housing materials, and essential components like system kitchens and unit baths. The company operates five strategically located factories in Kanto and Tokai, utilizing advanced wood processing techniques for high-precision manufacturing.


Its clientele consists of contractors and builders in the Kanto, Tokai, and Koshinetsu regions, benefiting from HIVIC's extensive product portfolio designed to enhance customer satisfaction while committing to environmentally friendly housing solutions. In 2023, HIVIC Corporation reported a revenue of JPY 232,275,569. 80. The company engages in direct transactions with contractors and builders, operating a membership-based direct supply market for timber, allowing clients to purchase quality materials competitively.


Revenue is generated from the sale of precut products and housing materials, structured as B2B relationships. HIVIC's innovative precut technology and housing components are integral to modern construction projects, fostering partnerships that ensure a consistent flow of business within the housing industry. Looking ahead, HIVIC Co. , Ltd plans to leverage its recent funding of JPY 8.


5 billion from the acquisition to enhance its product offerings and expand its market reach. The company is focusing on developing new housing solutions tailored to evolving market demands, with specific plans to enter additional geographic regions by 2025. The funding will support the introduction of these new products and the expansion into targeted markets, reinforcing HIVIC's commitment to sustainable and innovative housing solutions.


Primary Industry

Forestry & Timber

Sub Industries

Construction, Forestry & Timber

Website

www.hivic.co.jp

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

HIVIC Co., Ltd - financials

Fiscal Year EndedMar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)20,394,000,00020,793,000,00020,996,000,000---
% Revenue Growth (YoY)-2.0%1.0%---
EBITDA (USD)------
Operating Income (USD)784,000,000956,000,0001,066,000,000---
Operating Margin3.8%4.6%5.1%---
% EBITDA Margin------
NET Income (USD)747,000,000391,000,000742,000,000---
% Net Margin3.7%1.9%3.5%---

HIVIC Co., Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedHIVIC Co., Ltd-
BuyoutCompletedHIVIC Co., Ltd-

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