SUZUNUI CORPORATION (E00099) Stock Price

Suzunui Industrial is a comprehensive construction company with construction as its core business. The company provides end-to-end services spanning planning, design, and construction, primarily handling contract work in building construction, civil engineering, water and sewerage systems, and pipe installation. In addition to construction, the company operates a diversified business model that includes real estate, care services, and solar power generation.

The company group consists of a parent company and six subsidiaries, with a revenue structure strengthened through collaboration with affiliated companies in construction operations. The group achieves efficient business operations through in-house cooperation, such as procuring asphalt concrete from Hitachi Ascon Corporation and outsourcing road paving work to Kenkyu Corporation. In the real estate business, subsidiary Shibuya Central Building Corporation operates building rental services in Tokyo's Shibuya district.

Business segments are divided into four categories: construction, real estate, care services, and solar power generation. In construction, the company handles a wide range of projects as a specified construction contractor, leveraging group partnerships such as procuring cement and ready-mixed concrete from Nagakura Corporation. The care services business is operated by Suishin Corporation, which provides in-home care services in Ibaraki Prefecture, while solar power generation is developed by both the subsidiary and parent company.

Suzunui Construction, a historic construction company marking its 100th anniversary, is implementing a comprehensive growth strategy to prepare for future changes in the business environment. The company recognizes the long-term decline in public works demand and has prioritized strengthening its proposal and business development capabilities in the private sector. While near-term public works projects are expected to remain stable due to reconstruction efforts following the Great East Japan Earthquake and disaster prevention and mitigation projects under the National Resilience Plan, the company believes that sustained growth requires enhanced competitiveness in the private market.

In human resources strategy and operational efficiency, the company is advancing concrete initiatives in preparation for business succession to the next generation. To develop and secure next-generation talent, the company is promoting career development through generational transition and addressing the industry-wide shortage of skilled workers. Additionally, the implementation of a new core business system enables timely and accurate management operations and efficiency improvements, strengthening organizational capability.

In productivity improvement efforts, the company is deploying comprehensive measures that include not only its own operations but also partner companies. By strengthening collaboration with partner companies, the company aims to simultaneously improve productivity and working conditions, addressing industry-wide risks such as rising construction costs and labor shortages. Taking into account the impact of large-scale redevelopment projects and Olympic-related projects in the Tokyo metropolitan area, the company prioritizes building a sustainable business structure. Through these integrated strategies, the company seeks to enhance long-term corporate value by securing stable orders and profits.