(5290) Stock Price

Market cap
¥119.6B
P/E ratio
9.8x
Manufactures concrete infrastructure products like manholes, pipes, and disaster prevention systems, serving construction companies and public works projects across Japan.

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Business Overview

Vertex Corporation primarily manufactures and sells concrete secondary products and provides installation services. Specifically, the company handles products such as manholes, hume pipes, and box culverts. These products are provided in cooperation with affiliated companies including Vertex Co., Ltd. and Vertex Construction Co., Ltd.

Vertex Corporation also operates a pile business. The company manufactures and sells centrifugal prestressed concrete piles and provides pile driving services, with Hokkon Material Co., Ltd. serving as a principal affiliated company. This business plays an important role in foundation work at construction sites.

In the slope disaster prevention business, the company manufactures, sells, and installs disaster prevention products such as rockfall protection fences. Vertex Co., Ltd., Vertex Construction Co., Ltd., and Kyushu Vertex Co., Ltd. are the primary affiliated companies in this field. Through these operations, the company provides safety against natural disasters.

Other business operations include manufacturing and selling ceramic products, selling hydraulic-related hoses, real estate leasing, concrete surveying and testing, system development and sales, equipment rental, materials sales, and RFID sales. These operations involve affiliated companies including Vertex Co., Ltd., Wisera Co., Ltd., and IB Solution Co., Ltd.

Management Policy

Vertex Corporation established "VERTEX Purpose" in April 2024, clarifying the shared values and strategic direction for all employees. Through this initiative, the company aims to grow alongside its diverse workforce and contribute to a sustainable society.

The company has formulated "VERTEX Vision 2034," outlining its target state by 2034. The third medium-term management plan period spans 2025 to 2027, focusing on strengthening the business portfolio, reigniting core business growth, and nurturing new businesses.

Key strategic initiatives include strengthening the business portfolio, accelerating human capital development, R&D, and digital transformation, and advancing sustainability efforts. These measures are designed to drive sustained improvement in corporate value.

For the fiscal year ending March 2027, the company targets revenue of 43 billion yen, operating profit of 6.5 billion yen, and ROE of 14.0%. The company aims to achieve these targets through organic growth.

Vertex Corporation is responding to changes in the construction industry by pooling its technological capabilities and expertise to develop innovative technologies. The company is committed to developing and supplying innovative products while contributing to solving industry challenges.

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