TRANS-TOKYO BAY HIGHWAY CORPORATION (E04352) Stock Price

Tokyo Bay Crossing Road Company is a specialized company whose core business is the operation and management of the Tokyo Bay Aqua-Line. Established under the Special Measures Law Concerning the Construction of the Tokyo Bay Crossing Road, the company currently handles maintenance and repair work on the completed Aqua-Line, as well as survey and research activities related to expressways. The company previously handled construction work and completed the handover of the finished project to the Japan Road Public Corporation in December 1997.

The company's primary customers are the Independent Administrative Institution Japan Expressway Holding and Debt Repayment Agency and East Nippon Expressway Company Limited. The company secures stable revenue based on management agreements with these organizations, and continues business operations even after the road public corporation's reorganization and privatization.

The company's business is divided into management operations and other operations. Management operations include maintenance and repair work on the Tokyo Bay Aqua-Line and technical surveys and research. Other operations include the management of rest facilities at the Umihotaru Parking Area. The Umihotaru business is positioned as a unique revenue source utilizing road occupation permits.

Tokyo Bay Crossing Road has formulated a medium-term management plan with fiscal year 2021 as the initial year, aiming for sustainable growth. The company has established four strategic pillars: "provision of safe and secure expressway services and response to aging infrastructure," "enhancement of Aqua Line's appeal and contribution to regional communities," "appropriate response to technological innovation and strengthening of technical capabilities," and "building a foundation for vibrant workplaces and strengthening management capacity." Through safe and comfortable operation of the Tokyo Bay Aqua Line, the company is pursuing a strategy to contribute to regional development and the vitalization of Japan's overall economy.

The company's priority investment areas are aging infrastructure measures and improved maintenance management technology for the Aqua Line, which opened 27 years ago. The company actively promotes technical exchange activities with other expressway maintenance management companies and is advancing the construction of optimal maintenance management systems leveraging accumulated experience. In response to increasingly severe natural disasters in recent years, the company is also prioritizing investments in functional enhancements to prepare for large-scale disasters and emergencies, positioning reliable infrastructure as the core of its differentiation strategy.

In new market development, the company is focusing on enhancing the appeal of Umihotaru Parking Area. While maintaining rigorous environmental management and food hygiene standards, the company continues to provide visitors with "relaxation" and "enjoyment," promoting facility development that encourages repeat visits. By strengthening community contributions through rest facility operations and improving customer satisfaction, the company aims to secure and expand stable revenue sources.

Regarding technological innovation, the company is advancing work efficiency and labor-saving measures in response to the long-term decline in the working-age population. The company is promoting the development of a foundation where everyone can work with vitality and is building a sustainable business operation structure. Additionally, based on agreements with the Japan Expressway Holding and Debt Repayment Agency, the company is steadily continuing repayment of road construction funds and maintaining financial stability while preparing for future growth investments.