2025.5.22

At Cadira, we place importance not only on regular IR meetings but also on engaging directly with companies through on-site visits and dialogue. Recently, we had the opportunity to tour three key facilities of Sekisui House: the Eco-First Park, Tomorrow’s Life Museum Kanto, and the Kanto Factory. Below is a brief summary of our visit.
This visit offered valuable insight into the company’s environmental technologies, residential design innovations, and production systems. We were also able to gain a glimpse of Sekisui House’s strategic expansion into the U.S. market. It was an opportunity to witness firsthand how the company integrates technological innovation, environmental commitment, and global expansion as the three pillars of its corporate value creation.
Our first stop was the Eco-First Park in Koga City, Ibaraki Prefecture, a 30,000-square-meter environmental education facility showcasing Sekisui House’s sustainability initiatives. This park exemplifies the company’s philosophy of “changing society through housing,” allowing visitors to experience and understand its environmental practices through interactive learning.
The tour featured explanations on the sorting and processing of construction waste, utilization of renewable energy, biodiversity-conscious landscaping, and environmentally advanced model homes. Each new home generates about 1.5 tons of construction waste, which is transported to this facility and sorted into 27 categories, some of which are further processed through automated crushing systems.
Although certain materials such as PVC incur high processing costs, Sekisui House is aiming to raise its material recycling rate from 80% to 90%. These efforts not only contribute to environmental outcomes but also strengthen brand value and social trust. The company is working collaboratively with materials manufacturers and leveraging IT systems to manage waste more efficiently, illustrating a clear focus on balancing sustainability and operational efficiency.
Next, we visited the Tomorrow’s Life Museum Kanto, an interactive residential exhibit designed as a “housing theme park” where families can explore ideas for future living. One highlight was Shawood, Sekisui House’s signature wooden housing brand.
The design process has shifted from traditional “intuition and experience” toward science-based engineering, allowing for larger open spaces, Net Zero Energy House (ZEH) compatibility, and the combined use of engineered timber and MJ metal connectors to deliver both structural strength and aesthetic design. Each Shawood home is custom-built, with features like tile-shaped solar panels that harmonize functionality with visual appeal.
Our final stop was the Kanto Factory. Despite being over 50 years old, the facility has undergone significant automation and is actively meeting strong demand for both steel-framed and wooden homes. Components are managed individually for each home, and the final assembly is completed with careful human inspection and craftsmanship—demonstrating a deep commitment to quality.
The factory also serves as an export base for Shawood materials bound for the U.S., highlighting Sekisui House’s ambitions for overseas growth. The company currently delivers about 15,000 homes annually in the U.S., primarily using the 2×4 construction method. However, it plans to expand Shawood sales to 3,000 homes per year by 2031.
While the U.S. market tends to place less emphasis on earthquake resilience, resulting in concerns about over-specification and pricing, product differentiation is progressing, and initial market responses have been positive.
That said, Sekisui House’s environmental messaging—such as resource circulation, zero emissions, and the "Gohon no Ki" landscaping initiative—has yet to fully resonate with U.S. consumers. Instead, priorities like power outage resilience and compatibility with central air conditioning are currently more persuasive. Whether environmental awareness will grow in the U.S. remains to be seen.
Overall, this site visit reinforced our impression that Sekisui House is far more than a conventional homebuilder. Its core strengths lie in the depth of its technological expertise, its robust design infrastructure—including a team of 1,500 first-class architects—and its precise on-site execution capabilities. Equally impressive were the company’s advanced and practical environmental initiatives, including thorough waste sorting and biodiversity-conscious planning, which are integral to its reputation and brand equity. Sekisui House’s aspiration to “export its model” and drive growth—particularly in the U.S.—signals a bold strategic ambition, and we look forward to continuing our dialogue with the company going forward.
Learn More
2026/7/16
Turning Social Challenges into Growth — Optex Group's Competitiveness and Value Creation Through Engagement
We introduce Optex Group (6914), including a company overview and Cadira's ongoing engagement activi...
2026/6/23
Turning Environmental Value into Growth- Daiseki’s Circular Business Model and the Source of Its Competitive Advantage
We spotlight Daiseki Co., Ltd. — providing an overview of the company and an account of Cadira's eng...
2026/5/21
The Essence of Quality-Oriented Management – Insights into Long-Term Value from a Dialogue with Sysmex
This month, we spotlight Sysmex Corporation (6869) — providing an overview of the company and the on...
2026/5/14
Survey on Cybersecurity Governance Systems (2026Q1)
In recent years, the cybersecurity risks facing companies have entered a new phase. In April 2026, U...
2026/4/24
A Growth Model Built in the Infectious Disease FieldーShionogi & Co.'s Strategic Transformation and Value Creation
This month, we will dive into Shionogi & Co., Ltd. (4507), focusing on its corporate profile and...
2026/3/19
A Growth Model Born from Social Issues – Park24's Value Creation and Investment Perspective
This month, we will dive into Park24 Co., Ltd. (4666), focusing on its corporate profile and Cadira'...
2026/2/20
Deepening Sustainability Dialogue — Survey Findings Highlight Qualitative Shifts in IR
Survey OverviewCadira Capital Management conducts a sustainability-related survey following IR meeti...
2026/2/20
Diversity Driving Japan’s Vision as an Asset Management Nation — Cadira’s Role in Partnership with IMC
The Independent Managers Club (IMC) is a research and advocacy organization launched in October 2023...
2026/1/26
The Educational Foundation for Human Capital - A Dialogue Between Insource and Cadira
This month, we will dive into Insource Co., Ltd. (6200), focusing on its corporate profile and Cadir...
2025/12/12
Supporting Social Stability Through Technological Advancement — Our Dialogue with Macnica Holdings
This month, we introduce Macnica Holdings, Inc. (3132), covering its corporate profile and our engag...
2025/11/28
AI-Related Corporate Survey: Internal Training and Policy Status at 34 Listed Companies
At Cadira Capital Management, we conduct surveys after IR meetings with listed companies, focusing o...
2025/10/24
TDK’s Timeless Evolution: Corporate Culture and Value Creation Revealed Through Our Dialogue
(Center: CIO Yu Shimizu, at TDK Internal Event)For nearly 90 years since its founding, TDK has conti...
2025/9/26
Collaborative Dialogue Supporting Sustainability Strategy — The Case of Kokuyo
Cadira supports the sustainable, long-term growth of its portfolio companies through collaborative d...
2025/8/29
Evolving IR Practices in Japan: Insights from Cadira’s Q2 2025 Survey
At Cadira Capital Management, we conduct ongoing surveys with listed companies following our IR meet...
2025/8/22
Report on Our Annual Conference (July 3, 2025)
On July 3, 2025, Cadira Capital Management hosted its annual conference to reflect on activities dur...
2025/7/18
Mitigation and Adaptation in Action: Why Weathernews Inc. Stands Out
At Cadira Capital Management, we believe companies that integrate environmental impact with business...
2025/6/20
From Disclosure to Dialogue: What We Learned from Publishing Our Progress Report 2024
Since the publication of our inaugural Progress Report 2024 in March, we have held discussions ...
2025/5/22
Building on Three Pillars — How Sekisui House Integrates Innovation, Sustainability, and Global Expansion
At Cadira, we place importance not only on regular IR meetings but also on engaging directly with co...
2025/5/22
Aligning Incentives for Sustainable Growth — Results from Our Survey on Equity-Based Compensation
At Cadira Capital Management, our investment management team conducts post-IR meeting surveys with t...
2025/5/15
Engagement as a Catalyst for Corporate Renewal — Insights from KDDI
Cadira has maintained an ongoing dialogue with KDDI Corporation (hereinafter “KDDI”). Our CIO, Mr. S...
2025/4/25
Bridging the Gap in Sustainability Dialogue for Smaller Companies — The Case of Econavista
Cadira Capital Management engages in constructive and neutral dialogue on the identification of corp...
2025/4/23
EMP Roundtable: The Current Status and Potential of EMP in Cultivating the Next Generation of Asset Managers (Part 2)
Participants:Mr. Hiroyuki Nomura, Operating Officer, Senior General Manager, Investment Planning Dep...
2025/4/23
EMP Roundtable: The Current Status and Potential of EMP in Cultivating the Next Generation of Japanese Asset Managers (Part 1)
Participants:Mr. Hiroyuki Nomura, Operating Officer, Senior General Manager, Investment Planning Dep...
2025/4/11
Redefining Work: Timee’s Social Impact in Japan’s Labor Market
Cadira engages in deep dialogue with Timee, Inc. (hereinafter "Timee"), placing a strong emphasis on...
2025/3/14
Lecture on Impact Integration Methods in Listed Equity Investments
At Cadira Capital Management, we actively share our investment approach to foster greater impact ori...
2025/2/21
From Umami to Impact: How Ajinomoto Aligns Growth with Global Sustainability Goals
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2025/2/14
Strengthening Human Capital: Insights from Cadira’s Investor–Company Dialogue
Cadira’s investment team conducts post-meeting surveys following IR meetings.These surveys include q...
2025/1/23
Sysmex: Advancing Global Healthcare Through Innovation and Engagement
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/12/13
Leadership Renewal and the Path to Sustainable Value at Optex Group
Optex Group is a manufacturer of sensors for indoor and outdoor security, automatic doors, and indus...
2024/11/29
Connecting the Investment Chain: Market Dialogue with Marui Group and Katitas
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/10/25
IR Survey Results 2024Q3: Rising Wages and the Business Case for Social Impact
We conduct a survey for respondents following IR meetings. The survey covers impressions of the meet...
2024/10/25
Our Activities in September 2024
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/9/24
Our Activities in August 2024
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/8/23
Our Activities in July 2024
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/7/26
IR Survey Results 2024Q2: SSBJ Sector Classifications and the Evolving Role of Sustainability in Corporate Strategy
We conduct a survey for respondents following IR meetings. The survey covers impressions of the meet...
2024/7/19
Our Activities in June 2024
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/6/21
Our Activities in May 2024
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/5/24
Our Activities in April 2024
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/4/26
IR Survey Results 2024Q1: How Japanese Companies Are Measuring Their Impact
Cadira's investment management team conducts a survey of respondents following IR meetings. In addit...
2024/4/19
Our Activities in March 2024
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/3/29
Our Comments to the "Capital Markets Disclosure and Dialogue Guidance for Impact Companies
The Japan National Advisory Board of the Global Steering Group for Impact Investment (GSG-NAB Japan)...
2024/3/15
"Make Home the Happiest Place in the World" — Sekisui House’s Landmark Acquisition and Cadira’s Perspective
On January 18, Sekisui House announced the acquisition of M.D.C. Holdings ("MDC"), a leading U.S. ho...
2024/3/15
Engagement Supporting Brand Renewal and Business Transformation — The Case of Kanadevia (formally Hitachi Zosen)
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/2/23
Survey Result from Our Investor Relations Meetings (2023Q4)
At Cadira Capital Management, we ask our contacts to fill out a survey after each Investor Relations...
2024/2/16
From Revitalizing Vacant Homes to Creating Social Impact — Engagement with KATITAS
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2024/1/12
Our Activities in December 2023
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2023/12/15
Our Activities in November 2023
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2023/11/10
Our Activities in October 2023
At Cadira Capital Management, our mission is "Connecting the Investment Chain and Beyond". Collabora...
2023/10/27
Survey Result from Our Investor Relations Meetings (2023Q3)
At Cadira Capital Management, we ask our contacts to fill out a survey after each Investor Relations...
2023/10/23
Our Comments to the “Draft Basic Guidelines on Impact Investment” by the Financial Services Agency of Japan
On June 30, 2023, the Financial Services Agency of Japan released the "Draft Basic Guidelines on Imp...
Important Notice
The content of this website has been prepared by Cadira Capital Management Co., Ltd. (“CCM”) for informational purposes only to professional investors who are expected to make their own investment decisions without undue reliance on such content. The views and strategies described may not be suitable for all investors. Under no circumstances is it to be used or considered as legal or investment advice, a recommendation to buy, an offer to sell, or a solicitation of an offer to buy or sell securities and investors should be advised to consult their own stockbroker, accountant, solicitor, independent financial adviser, or other professional adviser for advice. We accept no liability whatsoever for any direct or consequential loss arising from any use of this content. The information is intended solely to report on investment strategies and opportunities identified by CCM. Opinions and estimates offered constitute our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. CCM and its affiliates do not warrant the accuracy or completeness of any of the information or data contained herein. References to specific securities and their issuers are for illustrative purpose only and are not intended to be, and should not be interpreted as investment advice or, a recommendation, offer or solicitation for the purpose or sale of any financial investment. This content does not constitute tax advice and as such investors should be advised to consult their own tax advisers regarding the tax consequences of their investment activities. Investment return and principal will fluctuate, so that a client's initial investment may increase or decrease. Investing in securities markets involve risks like those arising from stock and bond markets, currency exchanges rate and interest rate volatility. No part of this content may, without CCM prior written consent, be copied, reproduced, or published by any recipient for any purpose. Past performance is not indicative of future performance.