TOBISHIMA CORPORATION (E00063) Stock Price

Tobishima Construction is a company that operates primarily in construction and development businesses. In its construction operations, the company engages in comprehensive construction services centered on civil engineering and building construction, with operations spanning both domestic and international markets. Tobishima Construction's subsidiaries, including TOBISIMA BRUNEI SDN.BHD. and Sugita Construction Co., Ltd., also provide comprehensive construction services, and Tobishima Construction receives construction contracts from these subsidiaries. Additionally, E&CS Co., Ltd. handles seismic reinforcement design and manufacturing and sales of construction components, with Tobishima Construction purchasing some of these products. Tecknots Co., Ltd. and Japan Lake and Canal Co., Ltd. operate in the underwater construction business.

In its development operations, the company's primary focus is on real estate development, sales, and leasing. Subsidiaries include E&CS Co., Ltd., which operates an insurance agency business; For You Co., Ltd., which handles real estate sales, leasing, and brokerage; Gran Ardel Co., Ltd., which provides real estate sales agency services; and Axis Ware Co., Ltd., which develops and maintains IT systems. Related company Next Field Co., Ltd. operates a construction DX total support business.

In this manner, Tobishima Construction and its group companies operate diverse businesses centered on construction and development, maintaining specialized expertise in their respective fields while collaborating with one another to advance their operations.

Torishima Construction aims to contribute to the realization of a new future society called "Society 5.0." The company is undergoing transformation into a corporate group that provides comprehensive services balancing economic growth with solutions to social challenges. Under its five-year medium-term plan established in May 2019, the company has set numerical targets for fiscal year 2023: revenue of 160 billion yen, operating profit margin of 8.0% or higher, equity ratio of 45%, and dividend payout ratio of 30% or higher. Under this plan, the company is advancing business structure reform.

The core strategies are as follows: In civil engineering and construction, maintaining presence in core operations and further advancing business structure reform; in the architectural concierge business, expanding real estate development capabilities and promoting one-stop service offerings; in the smart solutions business, expanding branding initiatives leveraging proprietary technologies and providing diverse solution services. Additionally, the company is prioritizing digital transformation (DX) to strengthen its management foundation.

For investment strategy, the company plans total capital expenditure of 30 billion yen: 10 billion yen for DX promotion (4 billion yen for management foundation, 6 billion yen for advanced technology), and 20 billion yen for growth business investments. Through these strategies, Torishima Construction is advancing its transformation into a corporate group pursuing sustainable growth and contributing to society.