KRAFTIA CORPORATION (1959) Stock Price

Market cap
¥688.2B
P/E ratio
19.1x
Kyushu Electric Construction provides electrical construction, power distribution, and facility services across Japan, while also operating diverse businesses from renewable energy to hotels and golf courses.

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Business Overview

Kyushu Electric Construction (Kyuden-Ko) operates a diverse range of businesses centered on facility construction work. Its main business segments include electrical construction services such as power distribution line construction, indoor wiring installation, and telecommunications construction. The company also designs and installs air conditioning and heating systems, water supply and drainage facilities, and water treatment projects.

Kyushu Electric Construction also sells materials and equipment related to electrical and air conditioning work. Additionally, the company operates diverse businesses including real estate, software development, personnel dispatch services, renewable energy generation, environmental analysis and measurement, medical-related services, printing, business hotel management, golf course operations, and planning and operation of commercial facilities.

In facility construction, Kyushu Electric Construction and its subsidiary Meiko-sha receive power distribution line construction orders from Kyushu Electric Power and its subsidiaries. The company also handles general electrical construction work beyond distribution lines and all air conditioning work, with some projects subcontracted to group companies. The Equipment Maintenance Center and Chuo Rika Kogyo handle equipment maintenance, inspection, and servicing.

In other businesses, Kyushu Electric Construction and subsidiaries Q-mast and Riallan sell electrical construction materials and equipment. In real estate, Kyuden-Ko Home and Central Sogo Development handle sales, leasing, and property management. Automation Technology provides software development, and Portal handles personnel dispatch services.

In renewable energy generation, Kyushu Electric Construction and related companies operate biomass, wind, and solar power projects. For environmental analysis, Kyuren Environment Development conducts air, water, and waste analysis, while Net Medical Center provides remote diagnostic imaging support. Kyuden-Ko Friendly handles printing operations, Three-In manages business hotels, Kitayama Kanko operates golf courses, and Bayside Place Hakata plans and operates commercial facilities.

Management Policy

Kyushu Electric Works pursues its corporate mission of "contributing to society through creating comfortable environments." The company fulfills its social responsibility through comprehensive facility services, including electrical, air conditioning, and water supply and drainage systems.

The company aims to create new value by leveraging its technical expertise and become an organization that prioritizes human resource development. It is advancing technological development and quality improvement in environmental, energy efficiency, and renovation sectors while pursuing aggressive expansion into new markets. Through these efforts, the company seeks to enhance corporate value while adapting to changes in social structures.

Kyushu Electric Works has formulated a long-term vision toward its 100th anniversary, aiming to contribute to building a sustainable society. This vision will be embedded as "Kyushu Electric Works-ism" and updated in response to evolving times.

In its medium-term management plan for fiscal years 2025-2029, the company has adopted the theme "Challenge & Grow 2029," targeting sustained growth and development. This plan embodies three key concepts: "New Stage," "Investment in the Future," and "Quality Improvement."

Under "New Stage," Kyushu Electric Works will rebrand as "Craftia Corporation" to accelerate growth. The company is also expanding sales share in the Kanto and Kansai regions and strengthening focus on recurring revenue businesses.

"Investment in the Future" aims to enhance productivity through construction DX, business reform, and human resource development, building a foundation for sustained growth. The company seeks to secure diversified profits centered on facility construction services.

"Quality Improvement" focuses on profit enhancement while strengthening employee compensation improvements and shareholder returns. Through improvements in profitability, quality, and governance, the company will reinforce its foundation for corporate value creation and pursue sustained corporate value growth.

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