MATSUI CONSTRUCTION CO., LTD. (1810) Stock Price

Matsui Construction primarily engages in construction contracting and real estate businesses. These operations are conducted by Matsui Construction and its subsidiaries Matsuyu Shoji Co., Ltd. and Matsui Reform Co., Ltd., as well as its affiliated company Inagi Culture Center Service Co., Ltd.

In the construction business, Matsui Construction and Matsui Reform Co., Ltd. undertake construction contracts. Matsui Construction subcontracts portions of architectural work to Matsui Reform Co., Ltd. and receives projects from Matsuyu Shoji Co., Ltd.

In the real estate business, Matsui Construction buys and sells land and buildings, and operates rental residential properties and office spaces. The company also provides design and supervision services for general construction projects. Matsuyu Shoji Co., Ltd. similarly operates a real estate business.

Additionally, Matsui Construction leases portions of its rental properties to Matsuyu Shoji Co., Ltd. and Matsui Reform Co., Ltd. The affiliated company Inagi Culture Center Service Co., Ltd. operates PFI projects, implementing the construction, maintenance, and operation of public facilities using private sector funding and expertise.

Matsui Construction has established the corporate philosophy "We continuously refine people, work, and our company to contribute to society through construction." The company is formulating a three-year medium-term management plan "2025-2027," with fiscal year 2025 as the first year. This plan prioritizes qualitative growth over expansion in scale, focusing on strengthening the business foundation.

By fiscal year 2027, the company aims for net sales of 99 billion yen, gross profit of 8 billion yen, and operating profit of 3.5 billion yen. The company has also set a target return on equity (ROE) of 6%, with emphasis on improving gross profit margins. Through these efforts, Matsui Construction seeks to enhance corporate value while advancing shareholder returns and reinforcing its business foundation.

In the operating environment, digital transformation (DX) and environmentally conscious construction practices are accelerating across the construction industry. Matsui Construction leverages its modest and prudent corporate culture and long history to preserve expertise in shrine and temple architecture. The company maintains sound financial health while promoting the adoption of Building Information Modeling (BIM).

Priority challenges include rebuilding core systems, strengthening compliance with overtime work regulations, shifting toward selective project selection, and developing next-generation management personnel. Additionally, the company addresses ROE recovery and foundation expansion, improving payment terms for construction contracts, responding to greenhouse gas (GHG) disclosure requirements, and managing natural disaster risks.