ICHIKEN Co., Ltd. (1847) Stock Price

Ichiken operates two main business segments: construction and real estate. In the construction segment, Ichiken and its consolidated subsidiary Kataoka Kogyo Co., Ltd. provide comprehensive construction services. This segment offers a wide range of construction services including building construction, civil engineering, paving, and interior finishing work.

In the real estate segment, Ichiken engages in real estate sales, purchases, and rental operations. This segment handles land and building transactions as well as rental management, providing a broad range of real estate-related services. Additionally, Maruhan Co., Ltd. is positioned as an affiliated company within the group.

Ichiken's group structure includes Kataoka Kogyo Co., Ltd. as a consolidated subsidiary and ICHIKEN VIETNAM CONSTRUCTION CO., LTD. as a non-consolidated subsidiary. The non-consolidated subsidiary is not included in the business organization chart due to its immaterial significance.

Ichiken has established "Vision 2030," a long-term management plan targeting the company's 100th anniversary in 2030. This plan aims for stable growth and contribution to sustainable societal development. The strategy focuses on stabilizing the construction business while strategically expanding real estate and overseas operations, with plans to grow the overall business scale including new ventures.

The medium-term management plan (2023-2025) is based on stabilizing the construction business and expanding business domains, with emphasis on practicing ESG management. Specifically, the company targets revenue of 93 billion yen and an operating profit margin of 5%, aiming for sustainable growth. ESG materiality execution has been set as a non-financial target.

Ichiken plans total investments of 30 billion yen through fiscal year 2030. Growth investments will be allocated as follows: 10 billion yen for M&A, 10 billion yen for real estate operations, and 3 billion yen for Vietnam business expansion. The company is also actively investing in human resource development and digitalization to address labor shortages.

Notably, the company is focusing on operational efficiency through BIM (3D modeling) utilization to reduce on-site workload. For its Vietnam subsidiary, the company is providing educational support to strengthen BIM operational capabilities and improve operator skills. This initiative aims to expand the business domains across the entire group.