Maruken Lease Co.,Ltd. (9763) Stock Price

Marubeni Kenzai Lease operates multiple business segments and provides diverse services to the construction industry. The main business segments are "Heavy Temporary Works," "Heavy Temporary Works Construction," and "Civil Engineering and Water/Sewerage Facility Construction."

In the "Heavy Temporary Works" segment, the company engages in leasing, sales, repair, and processing of heavy temporary steel materials for construction. Specifically, it handles construction materials such as steel sheet piles, H-shaped steel, steel bracing materials, road covering plates, and steel plates. This segment involves Marubeni Kenzai Lease, Marken Investment LLC, Tohoku Industries, Toban Industries, Kyushu Repro, Kyoyuu Lease, Thai Marken, and Ruima Marken (Anhui) Engineering Support Technology Co., Ltd.

In the "Heavy Temporary Works Construction" segment, the company performs pile driving and bracing installation work using heavy temporary steel materials, diaphragm wall construction, foundation work centered on cast-in-place pile methods, and obstacle removal work. This segment involves Marubeni Kenzai Lease, Marken Foundation Construction, Takemoto Foundation Construction, Marken Tech Japan, Marken Investment LLC, Thai Marken, and Ruima Marken (Anhui) Engineering Support Technology Co., Ltd.

In the "Civil Engineering and Water/Sewerage Facility Construction" segment, the company undertakes civil engineering work, water and sewerage facility construction, building equipment work, and industrial plant construction. This segment involves Koushin Industries. Through these operations, Marubeni Kenzai Lease responds promptly to construction industry needs and contributes to social infrastructure development.

Marubenka Materials Lease aims to realize a sustainable society through its medium-term management plan spanning fiscal years 2024 to 2028. The plan outlines six growth strategies: strengthening profitability, developing new products and construction methods, advancing human capital management, pursuing sustainable initiatives, strengthening overseas operations, and promoting digital transformation.

Specifically, the company will strengthen integrated material and labor contract orders through the subsidiary acquisition of Takemoto Foundation Construction, while expanding its inventory of steel materials and construction machinery. The company will also develop environmentally conscious products and promote factory automation to build safe and efficient work environments. It is also focusing on strengthening human capital by recruiting diverse talent and improving workplace conditions.

Additionally, Marubenka Materials Lease aims to expand transactions with East Asian countries and increase overseas business revenue to over 20% of total revenue. The company will also improve operational efficiency through digital technology adoption, establish a common platform for information sharing, and enhance IT skills. In its capital allocation plan, the company prioritizes growth and equipment investments, projecting operating cash flow of 7.5 to 8.5 billion yen from fiscal 2024 to 2028. This will enable sustainable growth and strengthen shareholder returns. Management targets include ROE of 8.5% or higher, dividend payout ratio of 35% or higher, and consolidated net profit of 1.5 billion yen or more by fiscal 2028.