SEIKITOKYU KOGYO CO.,LTD. (1898) Stock Price

Market cap
¥55.7B
P/E ratio
11.8x
Seiki Tokyu Industrial operates road paving and civil engineering construction businesses while manufacturing paving materials through subsidiaries across Japan and Myanmar.

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Business Overview

Seiki Tokyu Industrial Co., Ltd. operates construction businesses primarily focused on road paving and civil engineering. This business segment involves subsidiaries including Yamabiko Industrial, Michinoku Industrial, Shin Seiki Industrial, Kuma Reki Industrial, Takamatsu Construction, Hodō Industrial, Hōei Construction Industrial, Nittō Road, STK PACIFIC CORPORATION, and Chūgai Engineering. The company also works with affiliated company Gulfshield Industrial in this sector.

Additionally, Seiki Tokyu Industrial manufactures and sells paving materials. In this field, subsidiaries such as Shin Seiki Industrial and SEIKITOKYU MYANMAR ROAD COMPANY LIMITED, along with affiliated company Noto Ascon, conduct operations. The company purchases paving materials manufactured by these entities and sells a portion of them.

As other business operations, Seiki Tokyu Industrial engages in power generation sales. Its subsidiary S.T. Service handles construction machinery sales and automobile leasing services, which Seiki Tokyu Industrial utilizes. Through these operations, the company achieves diversified business development.

Management Policy

Seiki Tokyu Industries aims to contribute to the realization of a sustainable society and has established a long-term vision of "What We Should Be in 2030." This vision prioritizes balancing the growth of both people and the company, with the goal of building a truly resilient corporate group. In particular, the company is promoting national resilience measures to address aging social infrastructure and intensifying natural disasters, while anticipating stable public investment.

The medium-term management plan (fiscal years 2024-2026) identifies the expansion of stable earnings and diversification of revenue sources as key priorities. Specifically, the company aims to secure stable revenues by refining and strengthening competitiveness in its construction business and pavement materials manufacturing and sales operations through accumulated technology and experience. The company is also exploring new business fields and promoting the development of a corporate structure resilient to environmental changes.

Human resource development is also a critical component of the strategy. Seiki Tokyu Industries positions human capital as its most important management resource and is fostering a corporate culture that enhances employee engagement. By securing diverse talent and providing opportunities for their growth, the company is working to strengthen organizational capability. Through the establishment of new working practices, the company aims to achieve both work-life balance and improved productivity.

Furthermore, Seiki Tokyu Industries places emphasis on advancing sustainable management. By addressing social challenges such as climate change and population decline, and by expanding core business earnings and establishing a growth foundation, the company aims to achieve sustainable growth and long-term enhancement of corporate value. Through these efforts, the company is driving transformation and improving shareholder value.

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