TOKYU CONSTRUCTION CO.,LTD. (1720) Stock Price

Market cap
¥156.5B
P/E ratio
15.1x
Tokyu Construction builds and develops properties across Japan and internationally through 16 companies, specializing in both building construction and civil engineering projects.

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Business Overview

Tokyu Construction is a member of the Tokyu Group and operates primarily in construction, with development projects as a key business area. The company is composed of 11 subsidiaries and 5 affiliated companies, undertaking diverse construction projects both domestically and internationally.

The construction business is divided into two segments: "Building Construction" and "Civil Engineering Construction." In the building segment, subsidiaries such as Tokken Sangyo and Tokyu Renewal handle architectural construction work, while in the civil engineering segment, companies such as PT. TOKYU CONSTRUCTION INDONESIA manage civil engineering projects.

In the real estate business, Tokyu Construction handles property sales and leasing. Additionally, Tokyu Renewal provides ICT-related services, and Osaka Fire PFI manages the redevelopment project of the Osaka Prefectural Fire Academy. The company also invests in venture businesses.

Management Policy

Tokyu Construction, a member of the Tokyu Group, operates primarily in the construction business. The company has established the corporate vision "VISION 2030" with a focus on 2030, and is advancing a growth strategy that addresses social challenges. To realize this vision, the company has formulated a 10-year long-term management plan titled "To zero, from zero." with the aim of achieving sustained improvement in corporate value.

Under this long-term management plan, domestic civil engineering, building construction, and building renovation operations are positioned as "core businesses," while international, real estate, and new business operations are designated as "strategic businesses." Tokyu Construction practices both "deepening knowledge" and "exploring new knowledge," positioning human resources and digital technology as sources of competitive advantage. Through these efforts, the company executes five priority strategies centered on three value propositions: "decarbonization," "zero waste," and "disaster prevention and mitigation."

The company has set KPIs including consolidated operating profit, ROE, and equity ratio for fiscal years 2025 and 2030. Specifically, for fiscal year 2030, the company aims to achieve consolidated operating profit of 22 billion yen or more and ROE of 10.0% or higher. The company has also set targets for reducing GHG emissions, contributing to the realization of a sustainable society. Through these initiatives, Tokyu Construction is working to enhance corporate value.

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