HASEKO Corporation (1808) Stock Price

Market cap
¥875.9B
P/E ratio
13.3x
Haseko Corporation builds and manages apartment buildings and office buildings in Japan while also developing real estate in the United States.

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Business Overview

Haseko Corporation operates four main business segments: construction-related business, real estate-related business, service-related business, and overseas-related business. Through these operations, the company provides a wide range of services.

In the construction-related business, Haseko Corporation engages in comprehensive construction services, including planning, design, and construction of apartment buildings and office buildings. Subsidiaries such as Fuji Construction and Haseko Furnishing handle construction contracts and the sales and rental of equipment and materials.

In the real estate-related business, Haseko Real Estate Holdings oversees apartment sales operations. Subsidiaries including Haseko Real Estate and Sogō Tochi handle apartment sales and rentals, while Haseko Home manages the sales of single-family homes.

In the service-related business, Haseko Reform conducts large-scale renovations and interior remodeling of apartment buildings. Additionally, Haseko Live Net manages rental properties, and Haseko Business Proxy handles corporate housing management services.

In the overseas-related business, HASEKO America, Inc. develops and sells real estate and operates commercial facilities in the United States. Through this, Haseko Corporation also conducts international business operations.

Management Policy

Haseko Corporation is pursuing diversified growth strategies to achieve sustainable growth and enhance corporate value. Under its medium-term management plan "HASEKO Next Stage Plan," the company is expanding and deepening its construction-related business, including broadening its construction scope and expanding repair and maintenance services.

In real estate operations, the company is improving capital efficiency and differentiating through product development capabilities, while continuing to expand into new business areas. In property management operations, the company is advancing new management methods, developing resident services, and promoting digital transformation to reform operations, with a focus on expanding services for seniors.

Monetizing overseas business is also a key strategy. In preparation for future domestic market contraction, the company is cultivating overseas operations as a revenue pillar. It is considering entry into optimal business fields tailored to housing conditions in each country and strengthening its international business expansion.

Haseko Corporation is also deepening its sustainability initiatives. The company has set greenhouse gas emission reduction targets and is promoting the use of renewable energy. Through developing environmentally conscious construction technologies and advancing zero-energy housing (ZEH) initiatives, the company is contributing to the realization of a sustainable society.

As a financial strategy, the company continues aggressive investment while maintaining awareness of capital costs and implements stable shareholder returns. Through strengthening technology development and accelerating digital transformation, the company is reinforcing its foundation for sustainable growth and enhancing corporate value.

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