Annual Report for the 91th Term
January 1, 2017 – December 31, 2017

To the Shareholders of Fukuda Corporation

Fukuda Corporation
Stock code: 1899

To Our
Shareholders
To Our Shareholders

Katsuyuki Fukuda

Toyohiko Ota

Chairman & Representative Director

President & Representative Director

We would like to extend our greetings to all of our shareholders, andtake this opportunity to express our sincere gratitude for your continuing
support.
We hereby present our business results for the 91th term ended on
December 31, 2017.
By upholding the basic principle of “Creating an environment where
people, nature and society can coexist” and adhering to the Fukuda
Group Spirit of “Always sincere from now until the next century andbeyond,” the Fukuda Group draws on its comprehensive strengths andsincerity to form strong bonds with those that we love and cherish, inorder to protect their lives and livelihoods. The Company’s management
philosophy is: “To value people and the environment, and aim to create
inspirational value based on a corporate structure designed to facechallenges.” To this end, the entire company is working together
as one, with our highest priority being the satisfaction of all of our

stakeholders, including our customers, shareholders, business partners,
local community and employees.
The Company’s business results for the fiscal year under review are
shown below. While today’s increasingly global society is fraught with
unexpected risks, we will aim to enhance our corporate value andmaintain the Group’s management base as a united corporate groupso that we may further continue to meet the expectations of ourshareholders.
We sincerely hope you will grant us your continued support andguidance going forward.
March 2018

Operating Results
Consolidated net sales (Unit: Million yen)
180,000
150,000

146,241

172,749

Ratio of net sales by consolidated business
167,659

154,067

127,365

Real estate business¥3,101 million

1.8%

120,000

Other business¥11,321 million

6.8%

Construction business¥153,235 million

90,00091.4%

60,00030,000087th term 88th term 89th term 90th term 91th term
1

Review ofOperations

Business environment for the fiscal year under review

During the fiscal year under review, the Japanese economy madea moderate recovery, partly thanks to steady corporate production
activities and a sustained improvement in corporate earnings.
Meanwhile, personal consumption appears to be stagnating due
to the slow growth of real income caused by an increase in social
insurance premiums and other factors, despite an unprecedented
employment environment against the backdrop of labor shortages.
In the construction industry, investment in public works construction
is expected to remain weak going forward due to abatement inTokyo Olympics-related orders and a downturn in new capital
expenditures. Investment in construction by the private sector
remained strong amid robust investment in the construction ofboth lodging facilities for inbound demand and advanced logistics
facilities reflecting increased distribution volume by e-commerce
against a backdrop of ample corporate cash flow.

Consolidated business results for the fiscal year under review
Under these circumstances, the Fukuda Group has worked to
improve the efficiency of construction works and raise productivity
by utilizing information and communication technology in order topursue greater corporate value. As a result, the consolidated businessresults for the fiscal year under review were as follows.
Net sales decreased 2.9% year on year to more than ¥167.6
billion, attributable to factors including delays in both the startup
and progress in construction works for which orders have alreadybeen received, despite the increase in balance carried forwardfrom last year and in orders received.
In terms of profit, gross profit decreased by 9.6% year on year
to more than ¥17.9 billion due to a drop in net sales in the realestate business, and operating income fell by 17.6% year on year
to over ¥7.9 billion, despite a reduction in general and administrative

Consolidated ordinary income (Unit: Million yen)
8,363
7,500

5,000

Outlook for the next fiscal year

Going forward, the Japanese economy is expected to experience a
moderate recovery trend in domestic private sector demand for thetime being, despite a slowing growth rate as economic measuresand improvements in corporate inventory run their course.
In the construction industry, the order environment is expected
to remain firm, backed by continued redevelopment in urban areas
and the construction of lodging facilities and logistics facilities.
However, there are signs of soaring construction costs due totightening supply and demand for both materials and labor as well
as a concentration of construction in urban areas. The order environment
in regional areas in particular is expected to become increasingly
harsh.
In these circumstances, we will steadily implement measures in
the final year of the Medium-Term Business Plan aimed at achieving
a balance between improvement of productivity and work-stylereforms.
In view of these circumstances, we expect consolidated businessresults for the fiscal year ending December 2018 to yield net sales of¥175.0 billion, operating income of ¥7.0 billion, ordinary income of¥7.3 billion and net income attributable to owners of the parent of¥4.0 billion.
In regard to the Company’s non-consolidated business results
for the fiscal year ending December 2018, we anticipate orders of¥125.0 billion, net sales of ¥117.0 billion, operating income of ¥5.5
billion, ordinary income of ¥5.9 billion and net income of ¥3.3 billion.

Net income attributable to owners of the parent

9,888

10,000expenses, including a decline in selling expenses due to adecrease in real estate projects.
Additionally, net income attributable to owners of the parent
decreased 38.8% year on year to more than ¥5.1 billion due to anincrease in income taxes caused by a decrease in the amount oftax deductibles for losses, despite a sharp reduction in the fiscal
year under review of impairment losses recorded in the previous
fiscal year.

(Unit: Million yen)

8,190

6,386

4,144

8,573

9,000

8,482

7,500
5,611

6,000

5,191

4,500
3,265
3,000

2,500
1,500
0

87th term 88th term 89th term 90th term 91th term

087th term 88th term 89th term 90th term 91th term2Completed Work
Main projects completed in the fiscal year under review

Construction

The Niigata Institute of Science and Technology
Niigata College of Medical Technology New School Building
Construction Project (Niigata Prefecture)

KOYO MEDIA Co., Ltd.

Tentative name: KOYO MEDIA Co., Ltd. Shonan Factory
Construction Project (Chiba Prefecture)

Kyoritsu Estate Co., Ltd.

3

Tentative name: Izumo Construction Project(Shimane Prefecture)

DAIWA HOUSE INDUSTRY CO., LTD.
Tentative name: Hachioji Takao Shopping Center
Construction Project (Tokyo)

Miyagi Consumer’s Cooperative Society

Miyagi Consumer’s Cooperative Society Nishikicho Store
Construction Project (Miyagi Prefecture)

LANDIC Associates Co., LTD.

Tentative name: Kuwamizu Honmachi Condominium
Construction Project (Kumamoto Prefecture)k

Civil Engineering

Ministry of Agriculture, Forestry and Fisheries, Hokuriku Regional Agricultural Administration Office
Shinkawa Basin Agricultural Irrigation Project, Shinkawa Estuary Drainage Pumping
Station, Sandbank Area Liquefaction Countermeasures Project Part 2 (Niigata Prefecture)

Niigata Prefecture

Niigata Port (Higashi Ko-ku) Minamihama Breakwater Embankment (2)Main Structure/Upper Structure Construction Project (Niigata Prefecture)

Niigata Prefecture

Ministry of Land, Information, Transport and Tourism, Chugoku Regional Bureau

Surrounding Embankment (Part 1)/Sluice Gate
Construction Project (Niigata Prefecture)

Tottori West Road Fukui Mikuma Tunnel Construction(Tottori Prefecture)

Iwate Prefecture

Ministry of Land, Information, Transport and Tourism, Kyushu Regional Development Bureau

Yamada Fishing Port Coastal Surge Response(Tide Embankment Part 1) Project (Iwate Prefecture)

Fukutomi Tenjin Drainage Sluice Reconstruction and
Embankment Construction Project (Saga Prefecture)

Main orders and completed projects for the fiscal year under review
OrdersCompleted projects

AEON RETAIL CO., LTD.

DAIWA HOUSE INDUSTRY CO., LTD.

Fuyo General Lease Co., Ltd.

Kyoritsu Estate Co., Ltd.

West Nippon Expressway Company Limited, Kansai Branch

East Nippon Expressway Company Limited, Niigata Branch

Nagaoka City inistry of Land, Information, Transport and Tourism,
M
Chugoku Regional Development Bureau

Tentative name: AEON Sendai Oroshimachi Construction Project
Tentative name: Koami-cho 16-ban Hotel Construction Project, Nihonbashi, Chuo-ku
Yuasa Gobo Road Yanase Tunnel and One Other Tunnel Construction Project
Nagaoka City New General Waste Final Disposal Site (Tentative name)Construction Project

Tentative name: Hachioji Takao Shopping Center Construction Project
Tentative name: Izumo Construction Project
Joshin-Etsu Expressway Kanaya Construction Project

Tottori West Road Fukui Mikuma Tunnel Construction

4

Consolidated
Financial Statements
Consolidated Financial Statements

yen, rounded(downUnit:toMillion
the nearest million yen )Consolidated Balance Sheet

91th term
90th term(as of December 31, 2017) (as of December 31, 2016)

AssetsCurrent assets

90,42886,706

Non-current assets

34,49432,881

Total assets

124,923

119,588

Current liabilities

56,91757,323

Non-current liabilities

8,620

7,416

Total liabilities

65,53864,740Liabilities

91th term
90th term(January 1, 2017 - December 31, 2017) (January 1, 2016 - December 31, 2016)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Non-operating expenses
Ordinary income
Extraordinary income
Extraordinary losses

167,659
149,750
17,908
9,916
7,991
366
168
8,190
74
186
8,079
2,287
522
5,269
78
5,191

Income before income taxes and minority interests

Income taxes – current
Income taxes – deferred
Net income

Net income attributable to non-controlling interests
Net income attributable to owners of the parent

Net assets
Shareholders’ equity

57,31353,403

Accumulated other comprehensive income

1,461

883

Valuation difference on available-for-sale securities

1,389

1,165

Revaluation reserve for land22

22

Remeasurements of defined benefit plans49

Non-controlling interests



304

610

560

Total net assets

59,38554,848

Total liabilities and net assets

124,923

119,588

yen, rounded(downUnit:toMillion
the nearest million yen )Consolidated Statement of Income

Consolidated Statement of Cash Flows

172,749
152,930
19,81910,124
9,695
375
182
9,888
120
447
9,560
1,255
248
8,553
70
8,482
yen, rounded(downUnit:toMillion
the nearest million yen )91th term
90th term(January 1, 2017 - December 31, 2017) (January 1, 2016 - December 31, 2016)

Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase (decrease) in cash and cash equivalents
resulting from change of scope of consolidation
Increase in cash and cash equivalents resulting
from merger with unconsolidated subsidiaries
Cash and cash equivalents at end of period

15,406
1,803
975
12,627
17,5382,962
3,160
6,339
6,53624,198

—

123

135

—

30,301

17,538yen, rounded(downUnit:toMillion
the nearest million yen )Consolidated Statement of Changes in Equity (January 1, 2017 – December 31, 2017)
Shareholders’ equity

Accumulated other comprehensive income
NonValuation difference Revaluation Remeasurements Accumulated other controlling
Total
shareholders’on available-for- reserve for of defined benefit comprehensive
Capital stock Capital surplus Retained earnings Treasury sharesinterests
equitysale securities
land
plans
income5

Balance as of January 1, 2017
Changes of items during the period
Dividends of surplus
Net income attributable to owners of the parent
Purchase of treasury shares
Disposal of treasury shares
Reversal of revaluation reserve for land
Net changes of items during the period
other than shareholders’ equity
Total changes of items during the period
Balance as of December 31, 2017

5,158

6,132

42,381

269

806
5,191
478
3
0
—
5,158

—
6,132

4,384
46,766

474
744

53,403

1,165

22

 304

883

560

806
5,191
478
3
0
3,909
57,313

Total net
assets54,848
806
5,191
478
3
0

223



0

354

577

49

627

223
1,389



0
22

354
49

577
1,461

49
610

4,537
59,385

Non-Consolidated
Financial Statements

Non-Consolidated Financial Statements

yen, rounded(downUnit:toMillion
the nearest million yen )Balance Sheet

91th term
90th term(as of December 31, 2017) (as of December 31, 2016)

AssetsCurrent assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Total assets
Liabilities
Current liabilities
Non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Revaluation reserve for land
Total net assets
Total liabilities and net assets

60,383
17,514
9,030
61
8,423
77,89857,636
16,680
8,140
81
8,458
74,317

38,5783,389
41,96839,223
2,259
41,482

34,2195,158
6,132
23,671
744
1,711
1,018
692
35,93077,89831,296
5,158
6,132
20,274
269
1,538
845
692
32,83574,317

Orders/Net sales (Unit: Million yen)Orders75,000116,450
115,277

110,090
100,003

100,000

89,066

83,98791th term
90th term(January 1, 2017 - December 31, 2017) (January 1, 2016 - December 31, 2016)

Net sales
Net sales of completed construction contracts
Net sales on real estate business
Cost of sales
Cost of sales on completed construction contracts
Cost of sales on real estate business
Gross profit
Gross profit on completed construction contracts
Gross profit on real estate businessSelling, general and administrative expenses
Operating income
Non-operating income
Non-operating expenses
Ordinary income
Extraordinary income
Extraordinary losses
Income before income taxes and minority interests
Income taxes – current
Income taxes – deferred
Net income

108,472
107,065
1,407
98,46897,552915
10,004
9,512
491
4,228
5,776
504
96
6,184
17
139
6,061
1,416
440
4,203

115,277
112,018
3,259
104,068
102,347
1,721
11,209
9,671
1,538
4,428
6,780
539
87
7,232
103
560
6,775
420
196
6,551

Ordinary income/Net income (Unit: Million yen)

/Net sales

125,000

yen, rounded(downUnit:toMillion
the nearest million yen )Statement of Income

122,680
108,472

Ordinary income/Net income
7,232

7,500
6,446

96,471

6,551

5,863

73,040

5,000
3,847

50,000

6,184

4,203
3,588

2,507
2,500

1,898

25,000087th term

88th term

89th term

90th term

91th term

087th term

88th term

89th term

90th term

91th term
6Medium-term
Business Strategy
Medium-Term Business Strategy

This year, which is the final year of the “Medium-Term Business Plan 2018,” we will steadily implement measures
aimed at achieving a balance between improvement of productivity and work-style reforms.

Five Pillars of Our Basic Policy for Fiscal Year 2018
1. Strengthen the stable revenue base
2. Look ahead to the future and enhance our corporate value
3. Enhance the nurturing of talent
4. Strengthen the safety management system
5. Strengthen the development of trusting relationships

These are not intended for a rapid expansion of our business, but for a continuation of our stable growth whilebuilding up a solid management base that is capable of responding to environmental changes. To achieve theplan, it is important to continue responding to the needs of customers with the comprehensive strengths of theGroup by focusing on maintenance and renewal, which is expected to further expand going forward. For thispurpose, we will gain the customers’ trust by improving our field capabilities in existing business fields, revisit ourroots of making high-quality products and put it into practice.
The Group will integrate the management resources for the future, and secure a new revenue base while atthe same time realize its diversification. For that reason, we intend to fulfill our mission by strengthening thedevelopment of human resources, which are our most important resources, and by evolving the Group as awhole.
We sincerely hope all our shareholders will continue to give us their support going forward.

7

Group Information
Corporate GroupThe Fukuda Corporate Group consists of the Company, 26
subsidiaries and six affiliates, and its mainstay businesses are theconstruction business and the real estate business. Other businessencompasses services other than construction.
RECS CORPORATION
Kita Nihon
Construction
Material Leasing
Co., Ltd.

3.6%

FUKUDA RENEWAL CORPORATION

3.0% FUKUDA HOUSING CO., LTD.
1.1% 11 other companies
4.5%

4.3%

KOWA Co., Ltd.

4.5%

FUKUDA ROAD
CONSTRUCTION CO., LTD.

17.1%

FukudaCorporation

61.9%

Consolidated net sales:¥167,659 million

Group
Information

Construction businessIn addition to the construction orders and projects undertakenby the Company, FUKUDA ROAD CONSTRUCTION CO., LTD.
and 21 other subsidiaries, and TAKAKEN CO., LTD. and fiveother affiliates are also engaged in construction orders andprojects, as well as the rental and manufacturing/sales of
construction-related materials and equipment, some of which
are ordered by the Company.
Real estate businessIn addition to the business undertaken by the Company in realestate sales, leasing and development, FUKUDA ASSET &SERVICE CO., LTD. and five other subsidiaries, as well as anaffiliate, TAKAKEN CO., LTD., and another affiliate are also
engaged in the real estate business.

Other business
FUKUDA ROAD CONSTRUCTION CO., LTD. and four othersubsidiaries are engaged in the lease, manufacture and sale ofproducts other than those related to construction projects, andthe Company purchases and leases products from thosecompanies. Another subsidiary, Design Workshop Co., Ltd., isengaged in the management of welfare facilities.

FUKUDA HOUSING CO., LTD.
HP: http://www.fukuda-housing.com/
Head office: 3-2-4 Sekishin, Chuo-ku, Niigata
Tel: 025-266-9169
Housing construction business, housing renovation business, commercial construction business, realestate brokerage and leasing business, building and condominium management business
Fukuda Housing’s business includes new housing construction, restoration of traditional Japanesehouses, housing renovations, commercial building construction, real estate
brokerage and leasing, and building and condominium managementbusiness.
As a company with close ties to the local region, Fukuda Housing aims toprovide the long-lasting, comfortable lifestyle of Niigata by its reliable
technology with a focus on quality control.
The standard specification for new housing constructions is to be that of“long-life quality housing,” and Fukuda Housing offers proposals for
comfortable housing that will last long, based on the structure, insulation,materials, design, and quality control.
Fukuda Housing supports the living environment of customers throughout every stage of the lives byoffering services including renovation consultations and property management in addition to postconstruction inspections and after-sales maintenance services.
Let Fukuda Housing be your lifelong partner and support you.
(Fukuda Housing will exhibit a model house at the Meikekamiyama General Housing Exhibition(tentative name) from May 2018.)
8

Topics
TopicsCompany with Excellent Record of Construction Projects Certification

Awarded “Excellent Record of Construction Projects Certification” from the Ministryof Land, Information, Transport and Tourism for the Fifth Consecutive Year

The Company received certification and an award as a Company with Excellent Record of Construction Projects for
Fiscal 2017 from the Hokuriku Regional Development Bureau of the Ministry of Land, Information, Transport andTourism. This certification system selects and certifies companies with an excellent rating in construction projectcompletions for civil engineering projects completed within the past two years, and has recognized the Company’s
high level of technical capabilities in regard to construction and quality control for the fifth consecutive year.

Presentation of Donation following the Itoigawa City Station North Great Fire
Donation for the Itoigawa City Station
North Great Fire
Niigata Fukujukai, which is a mutual aid association
operated by the Company and partner companies,
made a donation to help rebuild the lives of thoseaffected by the Itoigawa City Station North Great Fireoccurred on December 22, 2016.

9

Corporate Data
Company Profile
Established:
Founded:Capital:Employees:
Consolidated
subsidiaries:
Main offices:

CorporateData(as of December 31, 2017)

January 1902
December 1927
5,158,408,496 yen
851

1 7 (including FUKUDA ROAD
CONSTRUCTION CO., LTD.)
Head office3-10 Ichibanboridoricho, Chuo-ku, Niigata
Tel: 025-266-9111 (Main line)
Main Branch & Branches
Niigata Main Branch (Chuo-ku, Niigata),
Tokyo Main Branch (Chiyoda-ku, Tokyo),
Tohoku Branch (Aoba-ku, Sendai), Nagoya
Branch (Naka-ku, Nagoya), Osaka Branch(Kita-ku, Osaka), Kyushu Branch (Hakata-ku,
Fukuoka), Chuetsu Branch (Nagaoka, Niigata
Prefecture), Hokkaido Branch (Chuo-ku,
Sapporo)Sales Offices
Morioka, Chiba, Yokohama, Murakami,
Jouetsu, Hiroshima and six other locations(Note) Shibata Sales Office opened on April 1, 2016.

Directors and Executive Officers

Chairman &Representative Director
Chairman of the Board
President &Representative Director
President of the Board
Representative Director& Senior Managing
Executive Officer(as of March 28, 2018)

Katsuyuki Fukuda

Senior Executive
Officer

Shinichi Otsuka

Toyohiko Ota

Senior Executive
Officer

Shoichi Takakuwa

Wataru Ishikawa

Executive
Officer

Tsugio Yuasa

Director & Senior
Executive Officer

Masanori Araaki

Executive
Officer

Tsuyoshi Tamiya

Director &Executive Officer

Ryoichi Soma

Executive
Officer

Kazunori Konno

Director &Executive Officer

Masahiro Masuko

Executive
Officer

Katsuhiko Iwasaki

Director &Executive Officer

Takeshi Yamamoto

Director

Kenichi Yazawa

Director

Yoshinao Nakata

Senior Executive
Officer

Chihiro Oiwa

Full-Time Audit& Supervisory
Board Member
Audit &
Supervisory
Board Member
Audit &
Supervisory
Board Member

Koichi Yakuwa
Tetsuya Sunada

Michiaki MiyajimaNotes:
1.	Messrs. Kenichi Yazawa and Yoshinao Nakata are Outside Directors pursuant to Article 2,
Paragraph 15 of the Companies Act.
2.	Messrs. Tetsuya Sunada and Michiaki Miyajima are Outside Audit & Supervisory Board
Members pursuant to Article 2, Paragraph 16 of the Companies Act

Stock Information(as of December 31, 2017)

Total Number of Shares
Authorized to be Issued: ��������������������������� 20,000,000 shares
Total Number of Shares Outstanding(excluding treasury shares): ������������������������� 8,873,092 shares
Number of Shareholders: ���������������������������������������������� 4,158
Major
Number of shares held Shareholding ratio
Name of shareholder(thousands)(%)
Shareholders(Public Interest Incorporated Foundation) Fukuda Ikueikai

688

7.8

THE DAISHI BANK, LTD.

439

5.0

Naomi Fukuda

431

4.9

Fuji Fukuda

326

3.7

Kazuko Ozawa

321

3.6

Note: Shareholding ratio is calculated after deducting the number of treasury shares(115,019 shares).The number of treasury shares does not include the shares of theCompany (37,600 shares) held by Trust & Custody Services Bank, Ltd. (trust accountE) as the trust assets of the Employee Stock Ownership Plan (J-ESOP) and Board
Benefit Trust (BBT).

10

Information for Shareholders
Fiscal Year:
From January 1 to December 31
Ordinary General Meeting of Shareholders:
March
Record Date
Ordinary General Meeting of Shareholders: December 31
Year-End Dividend: December 31
Interim Dividend: June 30
 tock Transfer Agent / Account Management Institution forS
Special Accounts:
Mitsubishi UFJ Trust and Banking Corporation
Contact Information
Mitsubishi UFJ Trust and Banking Corporation
Stock Transfer Agency Department
1-1 Nikkocho, Fuchu, Tokyo
Tel: 0120-232-711 (Toll-free)
Addressee
Shin-Tokyo PostOffice,Po box No.29,Tokyo 137-8081 Japan

Shareholder Benefit Program
To express our gratitude for the constant support of ourshareholders and with the aim of encouraging shareholders tomaintain their shareholding over a long period, the Company has
introduced a Shareholder Benefit Program.
Number of Shareholder Benefit criteria
shares held benefit
200 shares A ¥2,000
Shareholder benefit presented inor moreQUO card
accordance with the details
registered or recorded in the
Shareholder Registry as ofDecember 31 each year.
200 shares A ¥5,000
Shareholder benefit presented inor moreQUO card
accordance with the details(registered or recorded three times
or more in the Shareholder
Registry) for shares held for one
year or more.
Presentation period: Scheduled to be sent in late March each year

Number of Shares Per Unit:
100
Listed on:First Section of Tokyo Stock Exchange
Method of Public Notice:
Public notices will be made electronically. However, when electronic
public notices cannot be made due to circumstances beyond ourcontrol, we will post a notice in the Nihon Keizai Shimbun.
URL for Public Notices: http://www.fkd.co.jp/
Notes:
Procedures for matters such as change of address of shareholders andrequests for purchase of shares are, in principle, accepted by the accountmanagement institution (securities company, etc.) where shareholders have theiraccounts. Please contact the securities company where you have your account.
These procedures are not handled by the Stock Transfer Agent (Mitsubishi UFJ
Trust and Banking Corporation).
Procedures related to shares recorded in special accounts are handled by
Mitsubishi UFJ Trust and Banking Corporation as the account management
institution. Shareholders are therefore requested to contact the accountmanagement institution (Mitsubishi UFJ Trust and Banking Corporation) for the
aforementioned special accounts.
The services are also provided at nationwide branches of Mitsubishi UFJ Trustand Banking Corporation.

URL http://www.fkd.co.jp/

Head office:3-10 Ichibanboridoricho, Chuo-ku, Niigata
Tel: 025-266-9111 (Main line)