tenox corporation【JP:1905】Stock Price

Tenox is a corporate group whose primary business is construction and the sale of construction materials. The group consists of Tenox headquarters, four consolidated subsidiaries (Tenox Giken, Hiroshima Gumi, Composite Technology Research Institute, and TENOX ASIA COMPANY LIMITED), and one non-consolidated affiliate accounted for using the equity method (Omishima Bussan).

Tenox's business is divided into three segments. First, in the construction business, four companies—Tenox, Tenox Giken, Hiroshima Gumi, and Omishima Bussan—provide specialized foundation engineering services. Tenox Giken primarily undertakes foundation engineering projects contracted from Tenox and rents equipment. Internationally, TENOX ASIA COMPANY LIMITED operates the business.

Second, in civil engineering and architectural consulting and related services, Composite Technology Research Institute provides consulting on civil engineering and architecture, as well as project placement services. This segment delivers specialized consulting services that address customer needs by leveraging professional expertise.

Finally, as other business operations, Tenox engages in real estate leasing. This business provides a revenue stream separate from construction operations and supports stable growth across the company.

Tenox is a company primarily engaged in foundation engineering. Starting in fiscal year 2024, the company has adopted a medium-term management plan titled "Opening the Future, Taking a New Step." Through five key strategies, this plan addresses challenges in society, environment, labor, and management, while promoting sustainability-focused management aimed at becoming a 100-year company.

Tenox's growth strategy is based on business-specific strategies by region and development initiatives. In domestic civil engineering, the company is strengthening technical proposals for disaster prevention and national resilience. In building construction, it is advancing integrated proposals using new technologies. Overseas, the company aims to expand operations in Vietnam by leveraging its foundation engineering expertise.

The development strategy focuses on enhancing the added value of existing technologies and developing solutions for social and environmental challenges. Notably, the company is expanding its construction management system "VCCS" across all construction methods and promoting on-site automation to improve construction quality and work style reform. Through environmental and digital strategies, including achieving carbon neutrality and advancing digital transformation, the company is improving operational efficiency and productivity.

Strengthening the management foundation is also a key strategic priority. The company will achieve sustainable growth through rigorous safety and quality management, enhanced profitability, and stronger governance. Additionally, the human capital strategy focuses on corporate branding and employee well-being, with emphasis on talent development and diversity, equity, and inclusion initiatives.

Capital efficiency management is integral to Tenox's growth strategy. The company aims to improve ROE through enhanced profitability and capital-conscious management. Specifically, the company will increase corporate value through investments utilizing operating cash flow and shareholder returns.