SUMIKEN MITSUI ROAD CO.,LTD. (1776) Stock Price

Market cap
¥18.5B
P/E ratio
43.8x
Mitsui Sumitomo Road builds roads, bridges and buildings while manufacturing construction materials to support infrastructure development in Japan.

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Business Overview

Mitsui Sumitomo Road primarily operates in the construction business. This business includes asphalt paving, civil engineering, and building construction work. Together with Mitsui Sumitomo Construction and Michi Kogyo, the company undertakes these projects and contributes to infrastructure development.

Additionally, Mitsui Sumitomo Road manufactures and sells construction materials. Through this business, the company produces and supplies materials needed at construction sites, supporting the smooth progress of construction projects.

Furthermore, Mitsui Sumitomo Road engages in other businesses including power generation sales and real estate transactions. Through these operations, the company participates in energy supply and real estate markets, pursuing diversified business expansion.

Management Policy

Mitsui Sumitomo Road aims to realize a sustainable society by prioritizing both economic value and environmental and social value. The company has formulated a three-year "Medium-Term Management Plan 2025-2027," with fiscal year 2025 as the first year, and is implementing measures to enhance corporate value.

The plan identifies four priority themes: business structure reform, strengthening management foundations, financial strategy, and sustainability strategy. In particular, the company is prioritizing safety and compliance while working to improve profitability and operational efficiency.

In the construction business, safety is the top priority. The company aims to enhance profitability through quality improvement and cost reduction. Additionally, it is focusing on developing next-generation talent and upgrading engineers' skills.

In the products and sales business, the company is responding to sustained high raw material and energy prices by passing costs through to prices. It is expanding market share by strengthening sales capabilities and advancing the adoption of alternative fuels as an environmental measure.

Through these initiatives, Mitsui Sumitomo Road anticipates significant increases in revenue and profit. Specifically, the company projects revenue of 30,450 million yen, operating profit of 710 million yen, ordinary profit of 710 million yen, and net profit of 420 million yen.

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