Oriental Shiraishi Corporation (1786) Stock Price

Market cap
¥52.5B
P/E ratio
15x
Oriental Shiraishi builds infrastructure including bridges, ports, and concrete structures while also operating solar power and real estate businesses.

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Business Overview

Oriental Shiraishi is a diversified company operating multiple business segments, primarily in construction, steel structures, port development, and other businesses. These operations are conducted by the company and eight affiliated subsidiaries.

In the construction segment, Oriental Shiraishi engages in design, manufacturing, and sales of prestressed concrete construction projects. The company also handles pneumatic caisson construction methods, repair and reinforcement work, design and construction of seismic reinforcement projects, sales of construction materials, civil engineering contracts, and rental of construction machinery.

In the steel structures segment, Nihonbashi Corporation handles design, fabrication, and erection of steel structures such as bridges. Repair and reinforcement work is also included in this segment. These operations contribute to infrastructure maintenance and management.

The port development segment is operated by Yamaki Corporation, which undertakes port, civil engineering, and building construction projects. This segment supports the development of logistics infrastructure through the construction and maintenance of port facilities.

In other business areas, Oriental Shiraishi operates solar power generation and electricity sales businesses, as well as real estate rental operations. Additionally, Creative Lab Inc. plans, produces, and operates websites and internet services. These diversified revenue streams strengthen the company's financial stability.

Management Policy

Oriental Shiraishi aims to contribute to society's development through the construction and maintenance of social infrastructure. The company operates primarily in public works projects and seeks to enhance corporate value by earning trust from society. It is pursuing strategies to adapt to changing business environments and achieve sustainable growth.

The company has formulated a medium-term management plan for fiscal years 2023 through 2025 and established a long-term vision toward 2030. This plan aims to enhance corporate value through strengthening core businesses, expanding new business areas, and promoting sustainable management. In particular, it prioritizes contributing to national resilience and aging infrastructure remediation while improving business performance.

Oriental Shiraishi is improving operational productivity through digital transformation and technology development. It is also investing in human resource development to cultivate competitive talent and strengthen its organization. Additionally, it is advancing decarbonization initiatives toward carbon neutrality and strengthening environmental considerations.

Under its medium-term management plan, the company targets revenue of 73 billion yen, operating profit of 6.2 billion yen, and net profit of 4.5 billion yen. It plans capital investments of 22 billion yen to create growth opportunities and enhance corporate value through strategic partnerships and capital alliances. This will enable sustained growth and strengthen shareholder returns.

Oriental Shiraishi is advancing group-wide development through expansion of core businesses and growth in new business areas. It is particularly focused on expanding market share in public works and growing its pneumatic caisson business. It is also expanding the adoption of precast concrete to maintain profitability.

To support sustainable growth, the company is promoting management that considers environmental, social, and governance (ESG) factors. In particular, it is contributing to the realization of a sustainable society through CO2 emission reductions and the utilization of diverse talent. This strengthens trust relationships with stakeholders and aims to enhance corporate value.

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