Hikari Holdings Co., Ltd.
Corporate brand
UnclaimedA Gifu-based pure holding company that grew from a tile merchant into a group spanning tile and stone processing, building materials, tiling and renovation works, telecommunications engineering and civil engineering.
Last updated September 26, 2026
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Overview
Hikari Holdings Co., Ltd. (株式会社ひかりホールディングス) is a Japanese pure holding company headquartered in Kasahara-cho, Tajimi, Gifu Prefecture. It was established in September 2015 to consolidate a family-rooted group of tile and building-materials businesses under a single holding structure, and it listed its shares on the Tokyo Stock Exchange's TOKYO PRO Market in May 2018. The company describes its mission as building the "strongest group of small and medium-sized enterprises" and contributing to society, and it positions itself as an integrated organization that covers the tile value chain "from upstream to downstream." The group's roots go back to 1969, when Kurachi Tiles Shokai (倉地タイル商会) was founded. That business was incorporated in 2001 as Hikari Kogei Co., Ltd., and under the second-generation leadership of Takeru Kurachi it expanded through a series of acquisitions and new company formations. Hikari Holdings itself was registered in September 2015, bringing Hikari Kogei, Keiz Craft and Novel Stone Japan under one umbrella. It subsequently acquired or established Try (now M8I), Ceramic One, Smart Brick, Miyagawa Tokyo, Honda-gumi and Kobayashi Kogyo, and in June 2023 it acquired Kiryu Co., Ltd. After a major group reorganization in 2021, the number of consolidated subsidiaries was reduced from a peak of eleven to seven as of August 2024. The group's business lines include tile and stone processing and sales, building materials, tiling and renovation works, tile and imported building-material distribution, the "Profort" business, telecommunications engineering, civil engineering and comprehensive renovation. Its tile and brick processing operation is described as one of the largest in Japan by capacity, and the group imports quality and low-cost tiles and building materials from around the world for the Japanese market. It also entered the telecommunications business, drawn by the evolving communications market. Hikari Holdings is led by President and Representative Director Takeru Kurachi. Its headquarters are in Tajimi, Gifu, with a Kanto branch in Minami-ku, Saitama City. The company's fiscal year ends in August, and its main banks are Ogaki Kyoritsu Bank and Juroku Bank. It operates as a holding company providing management guidance to its consolidated subsidiaries.
History
The Hikari Holdings group traces its origins to April 1969, when Kurachi Tiles Shokai (倉地タイル商会) was founded. In 1987 the business launched a tile adhesive processing division. In September 2001 the company was reorganized into a corporation and Hikari Kogei Co., Ltd. (株式会社ひかり工芸) was established. In November 2004 Takeru Kurachi became the second-generation president of Hikari Kogei. Under Kurachi's leadership the group expanded through acquisitions and new ventures. In April 2006 it acquired shares of Novel Stone Japan Co., Ltd. (株式会社ノベルストーンジャパン), and in June 2006 it established Net Co., Ltd. (株式会社ネット) for the purpose of telecommunications engineering. In September 2009 Hikari Kogei opened a second factory, and in January 2011 Keiz Craft Co., Ltd. (株式会社ケイズクラフト) was incorporated. In May 2012 Hikari Kogei established a third factory. In September 2015 Hikari Holdings Co., Ltd. was registered as a pure holding company to bring the group companies together, with Takeru Kurachi as its first representative. Hikari Kogei also introduced large-scale processing equipment that year. In March 2016 the group acquired Try Co., Ltd. (株式会社トライ), and in November 2016 it acquired shares of Stone Free Co., Ltd. (株式会社ストーンフリー). In 2017 Novel Stone Japan opened a Tokyo showroom. On May 16, 2018, Hikari Holdings listed its shares on the Tokyo Stock Exchange's TOKYO PRO Market. In February 2019 it acquired shares of Ceramic One Co., Ltd. (株式会社セラミックワン), a tiling works company, and in September 2019 it acquired shares of Smart Brick Co., Ltd. (スマート・ブリック株式会社), an importer and installer of imported bricks. In February 2020 it acquired shares of Miyagawa Tokyo Co., Ltd. (株式会社ミヤガワ東京), a construction photography business. In March 2020 the new Hikari Holdings head office building was completed, and in June 2020 Stone Free changed its trade name to CI'S Innovations Co., Ltd. (株式会社CI'Sイノベーションズ). In December 2020 Hikari Holdings opened a Tokyo sales office in Shinagawa, Tokyo. In February 2021 Ceramic One acquired shares of Honda-gumi Co., Ltd. (株式会社本田組), a renovation works company, and Try acquired shares of Kobayashi Kogyo Co., Ltd. (小林工業株式会社), a civil engineering company. In September 2021 the group carried out a major reorganization: Hikari Kogei acquired all shares of Keiz Craft; Ceramic One absorbed CF Novel Stone, Smart Brick, Miyagawa Tokyo and Honda-gumi; and Try absorbed Net and changed its trade name to M8I Co., Ltd. (エムエイトアイ株式会社). In September 2022 Hikari Holdings took over a business transfer from M8I and brought Kobayashi Kogyo under its holding structure. In June 2023 Hikari Holdings acquired shares of Kiryu Co., Ltd. (輝龍株式会社), and in September 2023 it relocated its Tokyo office to Minami-ku, Saitama City and renamed it the Kanto branch. In September 2025 Kiryu opened the Higashi-Urawa Connection Base, and M8I opened an Osaka sales office. At its peak the group had as many as eleven consolidated subsidiaries; after the 2021 reorganization and subsequent changes, it had seven consolidated subsidiaries as of August 2024. The group's stated aim is to maximize synergies among its companies while maintaining stable management and pursuing new strategies to raise corporate value.
- 2025
Kiryu opens Higashi-Urawa Connection Base; M8I opens Osaka sales office
- 2023
Acquired Kiryu Co., Ltd.; Tokyo office relocated to Saitama and renamed Kanto branch
- 2022
Hikari Holdings takes over business transfer from M8I and brings Kobayashi Kogyo under holding structure
- 2021
Major group reorganization; Ceramic One absorbs CF Novel Stone, Smart Brick, Miyagawa Tokyo and Honda-gumi; Try absorbs Net and becomes M8I
- 2020
Acquired Miyagawa Tokyo; new head office completed; Stone Free renamed CI'S Innovations; Tokyo sales office opened
- 2019
Acquired Ceramic One Co., Ltd. and Smart Brick Co., Ltd.
- 2018
Listed on Tokyo Stock Exchange TOKYO PRO Market
- 2017
Novel Stone Japan opens Tokyo showroom
- 2016
Acquired Try Co., Ltd.; acquired shares of Stone Free Co., Ltd.
- 2015
Hikari Holdings Co., Ltd. registered as a pure holding company
Products and positioning
A holding company aiming to build the "strongest group of small and medium-sized enterprises" and to cover the tile value chain from upstream to downstream within the group.
Tile and brick processing
Imported tiles and building materials
Tiling works
Renovation and repair works
Profort business
Telecommunications engineering
Civil engineering works
New construction works
Sources4 sources
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