Tokyu Construction Co., Ltd.

1720.T
Engineering & Construction
2026/08/23 Updated
Market Cap: $764.0M (¥121.5B)
Stock Price: $7.19 (¥1,143)
Exchange Rate: 1 USD = ¥158.98

Tokyu Construction’s Rolling Implementation of Long-Term Management Plan | May 2026

Tokyu Construction is rolling out its long-term management plan toward achieving "VISION 2030," focusing on "Reconstruction of Earnings Power" over the three-year period starting from FY2023. The company has been promoting initiatives in safety, quality, sales capabilities, and productivity improvements, resulting in an FY2023 operating profit of ¥8.2 billion, with an operating profit margin of 2.9%.

Importance:
Page Updated: May 8, 2026
IR Disclosure Date: May 8, 2026

Key Figures

  • FY2023 Operating Profit: ¥8.2 billion (below planned ¥13.0 billion or more)
  • FY2023 Operating Profit Margin: 2.9% (below planned 4.0% or more)
  • FY2026 Operating Profit Target: ¥16.5 billion

AI要約

Overview of the Long-Term Management Plan

Based on the "VISION 2030" formulated in 2021, Tokyu Construction has been updating its long-term management plan on a rolling basis. The three-year period starting from FY2023 is positioned as "Reconstruction of Earnings Power," with priority measures such as safety, quality, sales strength, and productivity improvements. As a result, FY2023's operating profit was ¥8.2 billion, with an operating profit margin of 2.9%, falling short of initial plans.

Future Outlook and Strategy

Domestic construction investments remain solid, with efforts focused on large-scale redevelopment projects and urban development in the Shibuya area. Despite risks related to geopolitical instability in the Middle East, the business environment is expected to remain favorable. Through rolling updates of the plan, the aim is to achieve an operating profit of ¥16.5 billion and an operating profit margin of over 5.0% by FY2026, pursuing value creation through environmental load reduction and development of infrastructure maintenance and management technologies.

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Tokyu Construction Co., Ltd.

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