YURTEC CORPORATION (1934) Stock Price

Yourtech operates primarily in the equipment construction business. This includes contracted construction work for electrical, telecommunications, civil engineering, building, and air conditioning/plumbing projects. Domestically, seven consolidated subsidiaries, including Yourtech, handle these construction projects. Additionally, Yourtech and its affiliated companies undertake electrical construction work commissioned by Tohoku Electric Power and Tohoku Electric Power Network.

Internationally, Yourtech's subsidiaries YURTEC VIETNAM CO., LTD. and SIGMA ENGINEERING JSC conduct electrical and air conditioning/plumbing construction work in Vietnam. Through these operations, Yourtech provides a wide range of equipment construction services both domestically and internationally.

In other business areas, Yourtech engages in security services, real estate management, leasing operations, waste disposal, manufacturing and sales of mineral water, and power supply through solar power generation. These businesses are operated through affiliated companies and support Yourtech's diversified business portfolio.

Uatec aims to enhance corporate value as its fundamental policy by strengthening competitiveness in both order acquisition and cost management, and improving profitability. Through these efforts, the company seeks to become a valued enterprise chosen by customers and shareholders.

Uatec has formulated its "2030 Vision" and "Medium-Term Management Plan (2024-2028)" and is targeting early achievement of numerical goals. For the early 2030s, the company targets consolidated net sales of 300 billion yen, consolidated operating profit of 20 billion yen, and ROE of 8.0%.

Under the medium-term management plan, the company aims to achieve consolidated net sales of 270 billion yen, consolidated operating profit of 13.5 billion yen, and ROE of 6.0% or higher by fiscal year 2028. Early achievement of these targets is expected through price pass-through of inflation and productivity improvements.

Building on its business deepening in the Tohoku and Niigata regions, Uatec is accelerating business expansion through four priority business areas: regions outside Tohoku and Niigata, overseas operations, renewable energy-related construction, and renovation work.

Specifically, the company is working to expand orders for indoor wiring and air conditioning piping work, as well as power infrastructure equipment construction in Tohoku and Niigata, while strengthening construction systems and improving price competitiveness.

Outside Tohoku and Niigata, the company aims to expand orders for data center construction and district heating projects. For overseas operations, it is focusing on order expansion centered on SIGMA ENGINEERING JSC.

For renewable energy-related construction, the company is responding to wind power plant construction plans. For renovation work, it is strengthening proposal activities to meet equipment renewal needs.

Additionally, the company has established a Construction System Strengthening Committee to enhance its construction systems over the medium to long term. Based on capital allocation principles, Uatec is balancing growth investments with shareholder returns to enhance corporate value.