MELDIA Development & Construction CO., LTD. (E00302) Stock Price

Meldia DC and its two subsidiaries operate primarily in three business segments: construction contracting, real estate sales, and single-family home development. In construction contracting, Meldia DC undertakes building projects for apartments and hotels, and provides advisory services on effective land utilization. The company operates in the Osaka, Kyoto, Shiga, and Hyogo regions. Taisho Construction Co., Ltd. handles construction projects ranging from office buildings and residential properties to apartments, retail facilities, and public infrastructure, primarily serving the Kyushu area.

In real estate sales, Meldia DC plans and sells multi-unit residential properties on land it has acquired through its apartment business division. Its real estate operations cover purchasing, sales, and brokerage services. The company also operates a rental management business to secure stable revenue. Kento Housing Sales Co., Ltd. also conducts real estate operations and works to increase group profits through the sale of Meldia DC properties.

In single-family home development, Meldia DC acquires land and sells custom-built homes designed and constructed in-house under the theme "We don't build the same house twice." The company focuses on direct sales to expand revenue. Kento Housing Sales Co., Ltd. similarly operates in single-family home development and also handles design and construction of custom homes. Through these business operations, the Meldia DC Group provides services that address a wide range of customer needs.

Merdia DC operates through three core business segments: construction contracting, real estate sales, and single-family home development. The company aims to become a top-tier comprehensive construction company in the Kansai region. Amid challenging industry conditions, Merdia DC is focused on improving productivity and cost awareness while driving down costs. The company is also expanding sales through strengthened relationships with leading Kansai condominium developers and by pursuing new orders from different industries and geographic markets.

Additionally, the company is strengthening coordination with its wholly-owned subsidiaries, Kento Housing Sales Co., Ltd. and Taisho Construction Co., Ltd., to create synergies. Through efficient and effective sales activities, Merdia DC aims for sustainable growth and long-term corporate value enhancement. In construction contracting, the company actively pursues business with condominium developers for stable orders while promoting contracts for logistics warehouses and commercial buildings.

In real estate sales, the company focuses on condominium projects and aims to expand the number of units supplied to customers. It also works to improve occupancy and utilization rates in rental property acquisition, sales, and management operations. In single-family home development, under the theme "No two homes are alike," the company supplies high-value-added housing.

Through these initiatives, Merdia DC is working company-wide toward two goals: becoming a top-tier comprehensive construction company in the Kansai region and establishing a business model targeting 50 billion yen in revenue.