DAIICHI KENSETSU CORPORATION (1799) Stock Price

Market cap
¥82B
P/E ratio
13.2x
Provides construction services and real estate solutions through its main company and two subsidiaries, serving major clients like East Japan Railway Company.

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Business Overview

Daiichi Construction Industry Co., Ltd. operates two main business segments: construction and real estate. These operations are conducted by the company and its two subsidiaries.

In the construction segment, Daiichi Construction Industry performs construction work. Its subsidiaries, Hometech Asahi Co., Ltd. and Civil Asahi Co., Ltd., handle small-scale architectural and civil engineering projects. Some of these projects are subcontracted by Daiichi Construction Industry. Major clients include East Japan Railway Company.

In the real estate segment, Daiichi Construction Industry and Hometech Asahi Co., Ltd. provide property leasing and brokerage services. Through these business activities, Daiichi Construction Industry maintains a presence in the real estate market and pursues a diversified business strategy.

Management Policy

Daiichi Construction Industry Co., Ltd. promotes publicly-oriented construction projects centered on regional transportation infrastructure while fostering a corporate culture that prioritizes "safety and security." The company aims to contribute to regional development by delivering high-quality outcomes through technological innovation and human resource development.

The company has formulated its "Medium-Term Management Plan Transform 2028," targeting net sales of 56 billion yen and operating profit of 5 billion yen by fiscal year 2028. It has also set targets for a dividend payout ratio of 50% or higher, total shareholder return ratio of 100% or higher, and ROE of 5.0%, while strengthening capital investment and human capital investment.

In response to the challenging construction industry environment, Daiichi Construction Industry has adopted "transformation and breaking from the status quo" as its slogan and is advancing its growth strategy through enhanced dynamic capabilities. The company also prioritizes contributing to the SDGs through ESG management, aiming for sustainable growth and enhanced corporate value.

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