Fudo Tetra Corporation (1813) Stock Price

Market cap
¥50.5B
P/E ratio
13.4x
Fudo Tetra provides civil engineering construction, ground improvement services, and concrete block manufacturing through a network of subsidiaries across Japan.

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Business Overview

Fudo Tetra operates primarily through three business segments: civil engineering, ground improvement, and concrete block manufacturing. These operations are conducted by the company, seven subsidiaries, and one affiliated company.

In civil engineering, Fudo Tetra and Takahashi Akikazu Construction Co., Ltd. perform civil engineering construction work. The two companies maintain a cooperative framework by placing and receiving construction orders with each other.

The ground improvement business involves Fudo Tetra, Soil Technica Co., Ltd., Fudo Construction Inc., Aichi Base Industry Co., Ltd., Japan Soil Test Center Co., Ltd., and Advanced Geosolutions Inc. Soil Technica leases construction machinery from Fudo Tetra.

In the concrete block business, Fudo Tetra and Mishiro Co., Ltd. lease steel molds for wave-dissipating and foundation blocks. Fudo Tetra uses these molds in its civil engineering operations.

As other operations, Fukushi Shoji Co., Ltd. provides services including insurance agency services. Group companies of Fudo Tetra utilize these services.

Management Policy

Fudo Tetra is committed to contributing to society through nation-building and pursuing sustainable growth. The company drives growth by coordinating marine and land operations across three core business pillars: civil engineering, ground improvement, and concrete blocks.

The company has set a long-term plan targeting sales of 800 billion yen or more and an operating profit margin of 5% or higher by fiscal year 2027. As part of this plan, the medium-term management plan for fiscal years 2024–2026 focuses on the "harvest and realization" phase.

The medium-term management plan's basic policies include creating new businesses and expanding business domains, practicing ESG management, managing with awareness of capital costs, and promoting human capital management. Through these initiatives, the company aims to realize a sustainable society.

Specific business strategies include expanding business scale and improving productivity in civil engineering, expanding private-sector operations and stabilizing overseas business in ground improvement, and transforming the business model and securing revenue sources in the concrete block business.

Through these strategies, Fudo Tetra aims to enhance corporate value and achieve sustainable growth while balancing investment and shareholder returns.

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