SE Corporation (3423) Stock Price

Market cap
¥8.7B
P/E ratio
145.6x
SE Corporation manufactures construction equipment and building materials while providing consulting and infrastructure repair services to improve safety and durability.

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Business Overview

SE Corporation operates as a parent company alongside 6 consolidated subsidiaries, 1 non-consolidated subsidiary, and 1 affiliated company. The company has four main business segments: manufacturing and sales of construction equipment and materials, manufacturing and sales of building materials, construction consulting services, and repair and reinforcement construction services.

In the construction equipment and materials segment, the company manufactures and sells cable products for civil engineering construction, including anchors, bridge fall prevention devices, and PC cables. The company also handles steel products such as KIT bearing plates and displacement limiting devices, as well as concrete products including ESCON.

In the building materials segment, the company manufactures and sells building materials used in structures, such as separators and suspension bolts. Additionally, the company manufactures and sells steel frame construction, building components, and seismic reinforcement hardware for buildings.

The construction consulting segment provides consulting services both domestically and internationally. Domestically, the company offers construction consulting services, while internationally it provides services in sectors including roads, bridges, water, and energy, including ODA market projects.

The repair and reinforcement construction segment focuses on repair and reinforcement work for bridge structures and tunnels, as well as civil engineering and building construction services, inspection, and survey work. Through these services, the company aims to improve the safety and durability of infrastructure.

Management Policy

SE Corporation aims to advance high-performance construction and engineering technologies, contributing to the development of social infrastructure. Building on the philosophy of "Creating Change and New Value" established in 2001, the company pursues customer satisfaction while fostering a corporate culture that respects employee individuality and maintains harmony with society and the natural environment.

SE has formulated a "2030 Vision" looking ahead to 2030, implementing strategic allocation of management resources and restructuring of existing business foundations. As demand continues for disaster prevention and mitigation as well as aging infrastructure solutions, the company aims to create new revenue streams and strengthen profitability in existing operations. This approach supports sustainable growth toward 2030.

The Medium-Term Management Plan 2023-2025 prioritizes strategic resource allocation and investment in future growth opportunities. Specifically, the company targets advance investment in power generation operations, revenue expansion in ESCON business, and growth in BIM/CIM design support services. Additionally, the company is focusing on operational efficiency, technology transfer, and human resource development in existing businesses.

SE aims to become a company that contributes to domestic and international disaster prevention and infrastructure development through engineering services utilizing digital technology. The company is advancing toward a sustainable society by exploring new business fields, building new business models, and expanding international operations.

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