Nikken Corporation

Nikken Corporation Overview

Company Headquarters: Tokyo, Japan

Founded: 1967

Workforce: ~ 3,077

Company Working: Nikken Corp (Nikken), a subsidiary of Mitsubishi Corp, is a construction company that rents civil engineering and construction related products. Nikken Corporation is a Japanese company that operates in the construction and engineering industry. The company specializes in providing a wide range of products and services related to construction, including formwork systems, scaffolding, temporary bridges, and engineering solutions. The company offers surveying instruments, small machines and implements, compressors, air conditioning apparatus, excavators, lighting equipment, high lift vehicles, and dynamos. It provides forklifts, generator, underwater pump, water treatment machine, safety equipment, and air conditioning and heating machine, among others. Nikken also operates in development, manufacture, sales, and repair of construction equipment. The company operates through its network of stores across Japan. It serves its products to general contractors, civil engineering, and construction companies.

Strategy

Nikken Corporation emphasizes research and development activities to improve its products and services continually. The company invests in innovation and technology to enhance the quality, safety, and efficiency of its construction solutions. By staying at the forefront of industry advancements, Nikken Corporation aims to provide cutting-edge products and services to its customers. Nikken Corporation prioritizes quality and safety in its products and operations. The company adheres to rigorous quality control standards to ensure that its products meet or exceed industry requirements. Nikken Corporation also emphasizes safety training and education for its employees and customers to promote safe working environments and practices. While Nikken Corporation is primarily based in Japan, the company has expanded its operations internationally. It has established subsidiaries and offices in various countries to serve global clients and participate in international construction projects. Nikken Corporation aims to leverage its expertise and experience to contribute to construction projects worldwide.

Company Snapshot

3,077

Employees

1967

Founded

Tokyo, Japan

Headquarters

SWOT Analysis

Strengths

Nikken Corporation has extensive expertise in providing construction-related solutions.
Nikken Corporation emphasizes research and development activities to enhance its products and services continually.
Nikken Corporation has expanded its operations internationally, establishing subsidiaries and offices in various countries.

Weaknesses

Nikken Corporation's business is closely tied to the construction industry. Any downturn or slowdown in the construction sector could impact the company's performance and revenue.
Overdependence on a single market exposes the company to risks associated with economic fluctuations, regulatory changes, and market conditions specific to Japan.

Opportunities

The global infrastructure development initiatives present opportunities for Nikken Corporation. Governments and private entities investing in infrastructure projects create a potential demand for construction solutions, which the company can capitalize on.
Nikken Corporation can leverage technology to enhance its product offerings, improve efficiency, and differentiate itself from competitors.

Threats

The construction industry is highly competitive, with numerous players offering similar products and services. Nikken Corporation faces competition from both domestic and international companies, which could impact its market share and profitability.

Key Developments

Date	Approach	Development
April 2019	Acquisition	Acquired all shares of Aomori Lease Co., Ltd. and Asuka Rental Co., Ltd.
April 2018	Expansion	Established Overseas Business Division.

Product Offering

Nikken Corporation
- Global Construction Equipment Rental Market
- Construction Equipment Rental Market

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