Top Message
To Our Investors
We would like to express our sincerest gratitude to our shareholders for their continuous support.
Since we have finished the Fiscal Year ending March 31, 2025, we will report on the overview.

Business Environment for FY2024
Regarding the business environment for the Group, in overseas markets, although there is a concern about the slowdown of the global economy, the capital investment of manufacturers continued to be steady.
In the Japanese market, capital investment associated with electronic component manufacturers, automobile manufacturers, and data centers is ongoing, and demand for the renovations in the metropolitan area was steady.
Achievements for FY2024
Under such market environment, while orders-received increased, net sales of completed construction contracts decreased in reaction to large-scale projects in the previous fiscal year. Nonetheless, ordinary income reached a record high, driven by factors such as improved construction profitability.
Outlook for the market environment for FY2025
In terms of expectations for the market environment, demand related to data centers keeps rising in Japan, and demand for office buildings is projected to remain firm, particularly in the metropolitan area. Furthermore, we expect that capital investment by electronic component manufacturers will continue because of the growing demand for AI, IoT equipment, battery EV, etc. We also expect the same trend will continue overseas. As for the market environment, we expect that demand for automobile manufacturers will grow steady based on the capital investment in Europe, North America, and Japan, and the investment for increased production in India.
We will continuously exert every possible effort to achieve our management targets to gain the high trust and appreciation of all stakeholders. We appreciate the continued support and guidance of our investors in the years to come.
Representative Director, President
