Takamiya Co.,Ltd.【JP:2445】Stock Price

Takamiya operates as a platform company in the construction industry, providing innovative solutions centered on scaffolding. The company primarily focuses on developing, manufacturing, selling, and renting temporary construction equipment. Specifically, it handles external scaffolding materials, shoring materials, suspended scaffolding materials, formwork materials, and safety protection materials.

Takamiya operates two domestic factories and manufactures temporary construction equipment, residential building materials, and agricultural greenhouses through affiliated overseas companies such as Holly Korea and Holly Vietnam. These products are sold to domestic and international customers and rental subsidiaries. Domestically, the company provides rental and construction services through 9 branch offices, 10 sales offices, and 29 equipment bases.

Additionally, six domestic rental subsidiaries provide rental and construction services within Japan, while three overseas subsidiaries handle sales and rental/construction services internationally. Cadian Inc. creates temporary construction drawings and supplies them to the Takamiya Group and business partners. Hiramatsu Inc. handles the transportation of Takamiya Group temporary equipment to customers.

Takamiya operates across four business segments: "Sales," "Rental," "Overseas," and the newly established "Platform" segment. This structure provides clearer visibility into the company's direction and strategy.

Takamiya is pursuing an innovative growth strategy to establish itself as a platformer in the construction industry. The company is committed to providing high-value-added services through the supply of temporary equipment and contributing to society. In response to the rapidly changing construction industry environment, the company aims for sustainable growth through new product development and service improvements.

Takamiya is moving away from the traditional revenue expansion model based on asset acquisition and seeking to establish a revenue base that does not depend on its balance sheet. The company is accelerating its transformation toward a new "recurring revenue business" model, aiming to solve challenges in the construction and temporary equipment industry through the power of its platform. This shift represents not only a change in business model but also a socially meaningful endeavor.

The company is promoting a transition to a platform-based recurring revenue business, aiming to build a revenue base less vulnerable to economic fluctuations. Takamiya's services provide concrete solutions to structural challenges such as labor shortages and declining productivity through efficient equipment utilization, operational visibility, and labor-saving measures. Industry-wide adoption is progressing, and the company is working to expand recurring revenue.

Takamiya's core service "OPE-MANE" provides a system that enables customers to centrally visualize and manage temporary equipment they own. This reduces equipment ownership risks and labor costs while improving equipment turnover rates and optimizing asset efficiency. The company also offers a wide range of services tailored to on-site operational needs, including 3D drawing support using BIM and CIM technologies.

Based on its 2024–2026 medium-term management plan, Takamiya aims to achieve a ROIC of 3.0% or higher. The company is advancing its transformation into a sustainable corporate structure through human capital investment and strengthened recruitment in DX and value-added domains. It is also establishing a platform structure capable of responding to business opportunities in nuclear-related projects and GX and DX sectors to enhance corporate value.

The company is pursuing the establishment and stabilization of platform business to secure a stable revenue base through user lock-in and recurring revenue. It is building a growth foundation through DX and human capital investment while improving revenue in overseas operations. The company is promoting management that is conscious of capital costs and stock price to enhance corporate value.