HOKUKON CO.,LTD (E01134) Stock Price

Hokkon is a construction materials manufacturer with concrete product manufacturing and sales as its core business. The company develops concrete block products for a wide range of applications, from agricultural civil engineering to residential and land development projects, and centrifugal prestressed concrete piles used in building foundation work as its primary products. By handling not only manufacturing but also construction work, the company provides comprehensive services to its customers.

The company's main customers are construction companies and civil engineering contractors, supplying products for both public works and private construction projects. While product sales form the center of its revenue structure, construction services such as pile driving and fire water tank installation work are also important revenue sources. By offering products and construction services as integrated packages, the company enhances added value.

The business is divided into four segments: the block business operates diverse product lines by application including agricultural civil engineering, roads, urban civil engineering, and residential projects; the pile business manufactures concrete piles for building foundations; the construction business provides installation services for the company's own products; and other businesses handle sales of construction-related materials. The group has established a comprehensive framework to meet the diverse needs of the construction industry.

Under its new medium-term management plan "Challenge 5-20N," Hokkon has established stable long-term profit growth as its fundamental policy. The company aims to be a competitive business beyond 2020, with a specific numerical target of achieving a 5% operating profit margin on sales. To reach this goal, the company is deploying comprehensive strategies ranging from business expansion to becoming a high-profit enterprise.

In priority investment areas, the company focuses on quickly identifying market needs and creating new products, services, and business models through cross-industry partnerships. Hokkon is uncovering latent demand within its business domains and pursuing differentiation strategies through dominant market share capture. The company actively develops new products and strengthens competitiveness by reducing manufacturing costs through integrated efforts across its four divisions.

The company is also emphasizing new market development through community-focused sales approaches. By deepening customer relationships and obtaining high-quality information ahead of competitors, Hokkon aims to establish competitive advantage through information leadership. Additionally, the company plans to maximize overall group value by strengthening collaboration with subsidiary companies.

In technological innovation efforts, the company prioritizes efficiency improvements and capability enhancement in individual operations, building a lean and sound financial structure. Hokkon is working to establish a sustainable growth foundation by advancing product development capabilities and optimizing business processes in tandem. Through these initiatives, the company aims to secure competitive advantage in the construction materials industry and achieve stable revenue growth.