Although still building vessels, the company is now focused on other product lines.
Narasaki was a small shipbuilder which built mostly yachts and smaller vessels.
It is now still a vessel manufacturer, but also performs repairs to existing ships.
Beginning in the late 1960s Narasaki diversified beyond shipbuilding into other products: The need for diversification became more apparent in the 1980s when smaller shipbuilders in Japan began to disappear due to competition from larger domestic and overseas firms.
[2] In 2008 the Narasaki Shipyard was acquired by Hakodate Dock Company Limited, a subsidiary of Namura Shipbuilding Company Limited.