KINDEN CORPORATION (1944) Stock Price

Kinden operates across a wide range of businesses including electrical construction, telecommunications construction, environmental construction, interior equipment installation, and civil engineering. Specifically, the company handles power distribution construction, electrical work for buildings and factories, transmission line construction, and power station construction. It also provides telecommunications construction, instrumentation work, and air conditioning piping services.

Kinden's affiliated companies include Kansai Electric Power, from which it receives orders for power generation project construction. Its consolidated subsidiary Kinden Shoji engages in vehicle leasing and sales, loss insurance agency services, and real estate maintenance and rental management. Saihara Sanitary Engineering handles water supply and drainage sanitary construction, and its subsidiary Saihara Construction operates in the same field.

Additionally, Kinden operates both domestically and internationally. For example, Hakuba Wind Farm and Shirataki Wind Farm conduct wind power generation operations in Wakayama and Yamaguchi prefectures, respectively. Internationally, the company provides electrical construction and air conditioning piping services in Hawaii, Indonesia, the Philippines, Vietnam, Thailand, India, the United Arab Emirates, and other locations.

Kinka, an equity method affiliate, handles the transportation of concrete utility poles. Sanyu, a non-equity method affiliate, performs construction and maintenance management of fire protection equipment. Otaka no Mori PFI was established for PFI project purposes. Through these diverse operations, Kinden provides comprehensive services that address varied customer needs.

Kinden is advancing its medium-term management plan "Sustainable Growth 2026 ~ For People, Heart, and Future ~," formulated in 2021, to achieve sustained growth. Under this plan, the company is implementing four strategies: a "Business Strategy" focused on community engagement and business expansion, an "Environmental Strategy" prioritizing environmental considerations, a "Human Capital and Work Style Strategy" advancing talent development and workplace reform, and a "Corporate Strategy" strengthening the company's foundation.

The company is targeting consolidated net sales of 700 billion yen by fiscal year 2026 and is focusing on establishing and expanding its business base. Through these efforts, it achieved 700 billion yen in sales and 50 billion yen in operating profit two years ahead of schedule. The company places particular emphasis on "human capital," driving growth investments centered on talent to enhance corporate value.

In its new medium-term management plan beginning in fiscal year 2025, the company will further develop and strengthen its business base to achieve sustained growth and development. It will welcome Kitahiro Densha Co., Ltd. into its group and deepen its approach to community engagement and business expansion. Additionally, through improved capital efficiency and governance reform, the company aims to enhance operational efficiency and accelerate decision-making.

As the construction market remains robust, Kinden is pursuing further growth while meeting customer needs. While monitoring rising construction costs and the impact of international economic policies, the company will co-create value with stakeholders and pursue sustained growth.