What NC Holdings does

NC Holdings is a Japanese pure holding company established in April 2016 that manages nine consolidated subsidiaries across industrial-infrastructure, parking, and renewable-energy segments. Its operating core, Nippon Conveyor (Japan Conveyor), manufactures large belt conveyors for logistics, construction, and civil-engineering applications, and positions itself as the top manufacturer of large belt conveyors in Japan, with project experience across approximately 30 countries (group heritage traces to Japan Conveyor Manufacturing, founded 1949). The group also develops, sells, and maintains mechanical and elevator-type stacked parking systems (a segment entered in 1988 with government certification), designs and constructs solar power generation systems, and provides electrical contracting through Kansai Electric and Shin Fujita Dengyo.

Revenue is generated through a mix of one-time project-based equipment sales and recurring maintenance, inspection, emergency-response, and coin-parking services delivered through NHS, Japan System Service, A Plus, Japan Parking Service, and GreeTech. Customers are primarily Japanese construction firms, civil engineering companies, logistics operators, real estate developers, and public-sector entities, with international reach via exclusive agents such as Xionghaiting Technology in Taiwan. Proprietary technology includes the Freeliner Conveyor (a foundation-free temporary conveyor system registered with NETIS as QS-210023-A), the elevator-type special parking device, and a continuous-extension conveyor system used in tunnel construction.

The company was taken private in October 2024 via Navy I Co., Ltd.'s public tender offer and delisted from the Tokyo Stock Exchange; Navy I merged into NC Holdings in March 2025. Post-privatization activity includes the acquisitions of A Plus (March 2024) and GreeTech (April 2025), a March 2026 business partnership with AI/optimization firm Arithmer Inc., and a January 2026 exclusive Taiwan sales agency agreement. The group disclosed an active JFTC exclusion order against its Nippon Conveyor subsidiary for anti-competitive practices in the parking-system segment.

Name

NC Holdings

Legal name

NCホールディングス株式会社（NC Holdings Co., Ltd.）

Website

https://nc-hd.jp

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

NC Holdings is a Japanese holding company managing nine subsidiaries that manufacture and sell large belt conveyor systems, mechanical and elevator-type parking equipment, and solar power systems, serving construction, logistics, real estate, and public-sector customers primarily in Japan and across approximately 30 countries.

Ownership category

akta.pro rank

Product category

Industrial Conveyor and Parking Equipment Manufacturing

NAICS

Conveyor and Conveying Equipment Manufacturing (333922), Electrical Equipment Manufacturing (33531), Electrical Equipment Manufacturing (3353)

SIC

General Industrial Machinery & Equipment, Nec (3569), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers) (IMAHABAH)

akta.pro secondary industry

Industrial Control Panels & Enclosures (Panel Building, MCCs, Integration) (IMAGABAJ)

Keywords

• Belt conveyor systems
• Mechanical parking equipment
• Solar power systems
• Parking maintenance services
• Material handling equipment

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Conveyor Systems Sales and Manufacturing: Design, manufacturing, and sale of large belt conveyors and related equipment for logistics, construction, and industrial applications. Revenue is generated through one-time project-based sales of custom-built conveyor systems.
2. 立体駐車装置 (Mechanical Parking Equipment): Sale, design, construction, and after-sales service of mechanical and elevator-type stacked parking systems for urban facilities, commercial buildings, and public infrastructure.
3. 再生エネルギー事業 (Renewable Energy Systems): Solar power generation system design, construction, maintenance, and operation for industrial facilities, office buildings, factories, public buildings, and agricultural land. Includes solar power plant development and sales as well as equipment sales.
4. メンテナンス事業 (Maintenance Services): Maintenance, inspection, emergency response (24-hour), construction, and management services for mechanical parking equipment nationwide through NHS, Japan System Service, A Plus, and Japan Parking Service. Also includes coin parking (コインパーキング) operations.
5. システム工事・配電盤 (Electrical Systems): Electrical equipment installation, construction, and maintenance services for electrical equipment, switchboards, power control panels, distribution panels, and monitoring panels through Kansai Electric and Shin Fujita Dengyo.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

NC Holdings designs, manufactures, sells, installs, and maintains large belt conveyor systems for material handling in logistics, construction, and industrial settings through its core subsidiary Japan Conveyor. The group also develops, constructs, and services mechanical and elevator-type stacked parking equipment, and delivers solar power generation systems for industrial, commercial, and public facilities, supported by a nationwide 24-hour parking equipment maintenance service network.

Product overview

NC Holdings operates as a pure holding company with core business segments spanning conveyor systems, mechanical parking solutions, and renewable energy. The product portfolio centers on large belt conveyors for logistics (日本コンベヤ), mechanical parking systems including development and maintenance (日本コンベヤ, エヌエイチサービス, アプラス, グリーテック), and solar power generation services (関西電機工業). The group provides integrated solutions from design and manufacturing through installation, maintenance, and operations management.

Differentiator

Problem solved

Functional benefit

Brands

• フリーラインコンベヤ（Free Line Conveyor）: 仮設材を用いたフレーム構造により現場に合わせた柔軟な設置が可能な新方式の搬送装置。地形やレイアウトに応じて直線・カーブ・傾斜を自由に組み合わせた連続配置が可能。NETIS登録技術（登録番号：QS-210023-A）。

Quantifiable outcome

• Foundation-free installation reduces construction lead time and cost compared to traditional permanent conveyor systems
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, strategic, supporting and historical.

• 株式会社ベスト・ソリューション (Best Solution Co., Ltd.)coreOthers · 1 April 2026NC Holdings and all 8 group companies (Japan Conveyor, NHS, Kansai Electric, A Plus, Japan System Service, Shin Fujita Dengyo, GreeTech, and Japan Parking Service) jointly adopted the 'Care Platform Mannen' (まんねん) work-care balance support service provided by Best Solution. The platform provides eldercare concierge consulting, facility search, information sharing tools, educational content, and corporate support features to help employees balance work and caregiving responsibilities.
• Arithmer株式会社 (Arithmer Inc.)strategicTechnology or Integration · 27 March 2026NC Holdings entered a business partnership agreement with Arithmer Inc. in March 2026. Arithmer specializes in AI and mathematical optimization technologies. The partnership aims to explore technology integration opportunities for NC Holdings' conveyor and parking systems businesses.
• 熊好停科技有限公司 (Xionghaiting Technology Co., Ltd.)coreChannel Partner/ Reseller/ Distributor · 29 January 2026Japan Conveyor signed an exclusive sales agency agreement with 熊好停科技有限公司 (Taiwan) for mechanical parking equipment in Taiwan. This follows Japan Conveyor's withdrawal of its Taiwan subsidiary in March 2023. 熊好停科技, established June 2023, has been providing sales, construction, installation, and maintenance services and is now the exclusive agent for Japan Conveyor products in Taiwan.
• 泊來客貝爾股份有限公司 (Bolaikebei'er Co., Ltd.)supportingStrategic or Co-development Partner · 29 January 2026泊來客貝爾股份有限公司 is a Taiwan-based company that handles new installation, maintenance, and operations of mechanical parking equipment. It has invested in 熊好停科技有限公司 as part of the business structure supporting Japan Conveyor's exclusive sales agent in Taiwan.
• 筌壹企業股份有限公司 (Quanyi Enterprise Co., Ltd.)supportingStrategic or Co-development Partner · 29 January 2026筌壹企業股份有限公司 is a Taiwan-based company responsible for maintenance and operations of mechanical parking equipment. It has invested in 熊好停科技有限公司 to strengthen the management foundation and expand service offerings in the Taiwan market alongside Japan Conveyor.
• ジャパンエレベーターサービスホールディングス株式会社 (Japan Elevator Service Holdings Co., Ltd.)historicalStrategic or Co-development Partner · 5 February 2021NC Holdings established a joint venture company with Japan Elevator Service Holdings in February 2021 for parking equipment operations, though the details of the JV arrangement are not fully detailed in available sources.
• 日立造船株式会社 (Hitachi Zosen Corporation)historicalStrategic or Co-development Partner · 1 January 2004NC Holdings (then Japan Conveyor) entered a business partnership with Hitachi Zosen Corporation in 2004, which was expanded into a full business integration of the parking equipment business in 2006. This partnership led to the establishment of NH Parking Systems Corporation.

Scale indicators5 records

Recent moves14 records

Expansion highlights6 records

Broad incumbents

• Sumitomo Heavy Industries, Ltd. Industrial machinery manufacturer with material handling, power transmission, and industrial equipment segments. Overlaps with NC in conveyor-related power transmission and mechanical handling solutions.
• Mitsubishi Heavy Industries, Ltd. Diversified industrial manufacturer with overlapping businesses in material handling, parking systems, turbines, and industrial machinery. While not specialized in NC's exact niche, it competes for the same large infrastructure customers and has greater scale and balance-sheet flexibility.
• Kawasaki Heavy Industries, Ltd. Diversified heavy industrial manufacturer with bulk material handling equipment, conveyor systems, and industrial machinery. Competes with NC in large-scale material handling projects for mining, ports, and construction applications.

Direct peers

• Daifuku Co., Ltd. Global leader in material handling systems including belt conveyors, sortation, and automated logistics equipment for factories, warehouses, and airports. Directly comparable to NC Holdings' core large belt conveyor and intralogistics business, though at significantly greater scale and global reach.
• Tsubakimoto Chain Co. Manufacturer of power transmission and conveyor chain products used in material handling systems. Comparable to NC as a supplier of core conveyor components, with complementary product offerings to NC's belt conveyor business.
• Murata Machinery, Ltd. Manufactures conveyor systems, automated material handling equipment, and logistics solutions for factories and distribution centers. Closely comparable to NC's conveyor business and target customer base of industrial and logistics operators.
• Sankyo Tateyama, Inc. Japanese manufacturer specializing in mechanical and multi-story parking systems, building products, and entrance systems. Directly competes with NC's mechanical parking equipment business for urban commercial and residential parking projects.
• IHI Corporation: Heavy industrial conglomerate with material handling systems and parking equipment businesses. Notably, Hitachi Zosen's parking business (which NC integrated with in 2004–2006) eventually became part of IHI's domain, making it a directly comparable peer in mechanical parking systems.

Emerging players

• Yokota Manufacturing Co., Ltd. Japanese manufacturer of belt conveyors and material handling equipment for logistics, mining, and industrial applications. Smaller and more specialized than NC, but a comparable peer in the large belt conveyor category.
• Hitachi Zosen Corporation: Historical NC Holdings partner (2004 business partnership that led to NH Parking Systems Corp in 2006). Operates in machinery, infrastructure, and environmental equipment, with historical overlap in the parking equipment space relevant to NC's elevator-type parking device business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=EvnJvb6pfaY

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NC Holdings