MAEDA ROAD CONSTRUCTION CO.,LTD. (E00061) Stock Price

Maeda Road is a specialized company engaged in construction projects centered on road paving work and the manufacturing and sales of materials necessary for paving. The company provides a comprehensive range of services related to road infrastructure, from executing paving and civil engineering projects to manufacturing construction materials such as asphalt mixtures and emulsions.

The company's revenue consists primarily of two pillars: construction operations and manufacturing and sales operations. Operating as a member of a group under Maeda Construction Industrial as its parent company, the company serves diverse customers ranging from government agencies to private enterprises, building a stable revenue base by providing comprehensive solutions for road infrastructure construction and maintenance.

The business is divided into three segments: construction operations, manufacturing and sales operations, and other operations. Construction operations focus on paving and civil engineering work. Manufacturing and sales operations produce and sell construction materials including asphalt mixtures and emulsions. Other operations include construction equipment leasing, insurance agency services, and consulting services. Together with 24 subsidiaries, the company has established a comprehensive business structure in the road infrastructure sector.

Maeda Road is advancing a long-term strategy aimed at establishing the "Maeda Road Brand" as it pursues solutions to social challenges leading up to its 100th anniversary in 2030. The company formulates three-year medium-term management plans and is implementing its vision in stages. Additionally, by leveraging a joint holding company structure with Maeda Construction and Maeda Manufacturing, the group is maximizing synergy effects across all operations to improve profitability and establish new revenue streams.

The company's priority investment areas are concentrated in three areas: "structural improvement," "productivity reform," and "establishment of new revenue bases." In structural improvement, the company prioritizes strict compliance and safety management, focusing on adherence to the Antimonopoly Act and Construction Business Act, as well as strengthened quality control. In productivity reform, the company is promoting operational efficiency and improved service levels through digital adoption, while reducing employee turnover and strengthening organizational capacity. Through these initiatives, the company aims to enhance profitability while differentiating itself from competitors.

In market expansion, the company is actively pursuing location expansion including M&A opportunities and strengthening geographic deployment of both construction and manufacturing/sales operations. Constructing comprehensive private sector outsourcing models and investigating entry into overseas markets are also positioned as priority initiatives, as the company seeks to expand from its traditional focus on government and public sector projects into the private sector. In the competitive asphalt mixture market with limited market share, developing new business areas is key to growth.

In technological innovation, the company is promoting efficiency in traditional construction operations through digital tool development and effective utilization of big data. The company is also focusing on developing new products and manufacturing technologies, aiming to create new business models responsive to market changes. The company is deploying a strategy to accelerate technological development capabilities and creation of new services by sharing the technologies and expertise cultivated across the three group companies.