KITANO CONSTRUCTION CORP. (1866) Stock Price

Market cap
¥31.1B
P/E ratio
11.8x
A construction company that builds civil engineering and building projects while also operating golf courses, hotels in Japan and overseas, and advertising services.

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Business Overview

Kitano Construction is a corporate group primarily engaged in construction operations. The group consists of Kitano Construction Co., Ltd. and five subsidiary companies. In the construction business, the group handles civil engineering and building construction projects, comprehensive building management, security services, and solar power generation operations.

Kitano Construction also operates in the golf course business, with Kawanakajima Land Development Co., Ltd. managing the "Kawanakajima Country Club." This golf facility is popular among golf enthusiasts in the region.

The hotel business is an important segment for Kitano Construction. In addition to hotel operations in Nagano City, the group has invested in the "Solomon Kitano Mendana Hotel" in the Solomon Islands and "Hotel du Parc Hanoi" in Vietnam. Through these investments, the company operates hotel businesses both domestically and internationally.

Additionally, Kitano Construction operates an advertising agency business. Asahi Agency Co., Ltd. manages the advertising agency operations and provides various advertising services. This supports the promotional activities of client companies.

Management Policy

Kitano Construction pursues community-focused management by emphasizing three core growth strategies: quality management, safety management, and strict compliance. To meet the expectations of shareholders and stakeholders, the company is committed to enhancing technical capabilities and proposal development skills while pursuing sustainable growth. The company also prioritizes human resource development and places emphasis on information gathering and analysis to respond quickly to changing business environments.

As a medium to long-term management strategy, Kitano Construction has adopted the corporate statement "We nurture people who build the future." The company places importance on developing next-generation talent and transferring skills and knowledge, while continuing management initiatives focused on profitability. The company also embraces the principles of the SDGs and actively contributes to achieving sustainable development goals. Through these efforts, the company aims to maximize corporate value and build a better future together with its stakeholders.

Kitano Construction operates primarily in construction, while also managing golf courses, hotels, and advertising agency businesses. Across all business segments, the company shares its management philosophy and policies while pursuing medium to long-term growth. Particularly in the hotel business, the company is expanding both domestically and internationally while maintaining a customer-first approach to operations. This strategy has established a stable revenue base and enables sustainable growth.

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