TECHNO RYOWA LTD. (1965) Stock Price

Market cap
¥152B
P/E ratio
15.4x
Designs and builds air conditioning, heating, and electrical systems for buildings while also selling equipment as a Mitsubishi Heavy Industries distributor.

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PER

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PBR

Business Overview

Techno Ryowa's primary business is the design and construction of air conditioning and sanitary equipment installations. The company also sells, repairs, and services cooling and heating equipment, handles renovation projects, and conducts related research activities. This enables the company to provide comprehensive services meeting diverse customer needs.

Techno Ryowa's business segments include air conditioning and sanitary equipment construction. The company handles large-scale air conditioning and sanitary equipment projects through design and construction, while its subsidiaries—Tokyo Dia Air Conditioning, Ryowa Air Conditioning, R Design Works, and PT. TECHNO RYOWA ENGINEERING—manage small-scale air conditioning and sanitary equipment construction.

Electrical equipment construction is another important segment for Techno Ryowa. Subsidiary Matsuura Electrical Systems handles the design and construction of electrical equipment installations. This dual approach supports building facilities from both air conditioning and electrical perspectives.

In the cooling and heating equipment sales business, Techno Ryowa acts as an authorized distributor for Mitsubishi Heavy Industries, purchasing equipment in bulk and reselling to subsidiaries. These devices are used in small-scale air conditioning and sanitary equipment projects, with the company also conducting direct sales of certain products.

Additional business operations include the construction and operation of solar power generation facilities, with electricity sold to the grid. Techno Ryowa also develops and leases apartment buildings, with subsidiary Ryowa Air Conditioning also engaged in apartment rental operations.

Furthermore, subsidiary Dia Land operates as a general insurance agency. Through these diverse operations, the Techno Ryowa Group provides services across multiple sectors and industries.

Management Policy

Techno Ryowa is committed to creating environmentally friendly living spaces, with environmental engineering as its core business. The company has established "TECHNO RYOWA 2032," a medium- to long-term management vision, to pursue sustainable growth. Under this vision, the company aims for steady growth by consistently delivering high-quality work.

The company's growth strategy focuses on aggressive investment in human capital, research and development, and digital transformation (DX) initiatives. In particular, it plans to strengthen employee training and recruitment while enhancing brand value to increase corporate competitiveness. Additionally, the company is advancing ESG management with an emphasis on social contribution.

Techno Ryowa has set targets of 91 billion yen in revenue and 10.5 billion yen in operating profit for the three-year business plan through fiscal year 2026. Through these targets, the company aims to maintain ROE of 10% or above and PBR of 1.0x or above to enhance corporate value. Furthermore, the company seeks to contribute to the realization of a sustainable society through CSR activities.

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