KOMAIHALTEC Inc. (5915) Stock Price

Market cap
¥12.3B
P/E ratio
64.2x
Komai Hartech designs and builds steel bridges, high-rise building frames, and wind turbines across Japan, serving as the country's only mid-sized wind turbine manufacturer.

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Business Overview

Komai Hartech operates across diverse business segments including bridges, steel frames, infrastructure and environment, and real estate. In the bridge business, the company handles everything from design to manufacturing and on-site construction of steel bridges, meeting demand for bridge projects under Japan's national resilience initiatives. The company also focuses on repairs and seismic reinforcement of aging bridges.

The steel frame business is a critical segment, accounting for approximately 60% of Komai Hartech's sales. The company supplies steel frames for ultra-high-rise buildings and government facilities, demonstrating advanced technical capabilities through integrated design and construction services. Additionally, the company operates factories certified with S-grade status by the Ministry of Land, Infrastructure, Transport and Tourism, enabling it to handle large-scale projects.

The infrastructure and environment business manufactures and constructs onshore wind power generation equipment. As Japan's only mid-sized wind turbine manufacturer, Komai Hartech develops turbines capable of withstanding harsh weather conditions, contributing to clean energy supply. The company has also expanded into overseas markets, proposing steel structures tailored to local needs.

The real estate business operates rental services utilizing undeveloped land in Nishi-Yodogawa Ward, Osaka. Other operations include printing services. Through these diverse businesses, Komai Hartech aims for growth across multiple sectors.

Additionally, Komai Hartech is engaged in offshore wind turbine tower manufacturing. The company participates in projects under the National Research and Development Agency (NEDO) and aims to obtain supplier certification by 2026. This emerging business is currently under development with expected future growth potential.

Management Policy

Komai Hartech operates across diverse business segments including bridges, steel structures, infrastructure and environment, and real estate, aiming for sustainable growth. In the bridge business, the company handles everything from design to construction, meeting demand driven by national resilience-building initiatives. The company also focuses on repairs and seismic reinforcement of aging bridges.

The steel structures business is a critical segment, accounting for approximately 60% of sales. Komai Hartech supplies steel structures for supertall buildings and government facilities, demonstrating advanced technical capabilities through integrated design and construction services. The company operates factories with S-Grade certification from the Ministry of Land, Infrastructure, Transport and Tourism, enabling it to handle large-scale projects.

In the infrastructure and environment business, the company manufactures and constructs onshore wind power equipment. As Japan's only mid-sized wind turbine manufacturer, it contributes to clean energy supply. The company has also expanded into overseas markets, proposing steel structures tailored to local needs.

The real estate business develops rental operations utilizing unused land in Nishi-Yodogawa Ward, Osaka. The company also operates a printing business, pursuing growth across diverse sectors through its varied operations.

Komai Hartech is engaged in offshore wind turbine tower manufacturing and participates in NEDO projects. The company targets supplier certification by 2026, positioning this as a promising new growth business.

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