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Industrial Services


Business Summary

TAISEI Corp. engages in the construction and engineering business. It operates through the following segments: Civil Engineering, Construction, Development, and Others. The Civil Engineering segment covers infrastructure and engineering works such as tunnels, bridges, dams, and airports. The Construction segment deals with the construction of housing and buildings. The Development segment develops, buys, and sells land and buildings. The Others segment includes incidental businesses related to construction and leisure operations. The company was founded by Kihachiro Okura in October 1873 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit147,773M1,090.43M
Operating income54,587M402.80M
Income before tax68,094M502.47M
Net income47,125M347.74M
Diluted EPS241.231.78
Dividends Per Share1300.95
Total Assets2,016.71B15,153.03M
Total liabilities1,182.76B8,886.98M
Total equity829,188M6,230.28M
Operating cash flow30,101M222.11M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 1,650.87B 1,751.33B 1,480.14B 1,543.24B 1,642.71B
Gross Profit 241,460M 258,677M 218,798M 187,737M 147,773M
Operating income 152,879M 167,534M 130,404M 96,078M 54,587M
Income before tax 160,777M 174,785M 135,416M 103,503M 68,094M
Net income 112,572M 122,088M 92,554M 71,436M 47,125M
EBITDA 160,817M 177,462M 140,906M 107,028M 66,065M
Diluted EPS 511.89 573.13 442.65 350.88 241.23
Dividends Per Share 130 130 130 130 130
Total Assets 1,846.17B 1,889.99B 1,870.62B 1,956.20B 2,016.71B
Total liabilities 1,123.78B 1,136.07B 1,026.19B 1,083.36B 1,182.76B
Total equity 720,423M 750,158M 840,845M 868,887M 829,188M
Operating cash flow -71,028M 77,475M 67,494M 80,507M 30,101M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 14,886.89M 16,107.77M 13,956.03M 13,733.23M 12,121.77M
Gross Profit 2,177.38M 2,379.16M 2,063.01M 1,670.66M 1,090.43M
Operating income 1,378.59M 1,540.88M 1,229.56M 854.99M 402.80M
Income before tax 1,449.81M 1,607.57M 1,276.81M 921.06M 502.47M
Net income 1,015.12M 1,122.89M 872.67M 635.70M 347.74M
EBITDA 1,450.17M 1,632.19M 1,328.58M 952.43M 487.50M
Diluted EPS 4.61 5.27 4.17 3.12 1.78
Dividends Per Share 1.17 1.19 1.22 1.15 0.95
Total Assets 16,679.55M 17,507.24M 16,928.70M 16,116.99M 15,153.03M
Total liabilities 10,152.95M 10,523.58M 9,286.85M 8,925.73M 8,886.98M
Total equity 6,508.76M 6,948.80M 7,609.45M 7,158.69M 6,230.28M
Operating cash flow -640.49M 712.57M 636.39M 716.42M 222.11M

Valuation Measures

Mar 2023
Operating margin3.32%
Profit margin2.86%

Key executives

  • President & Representative Director: Yoshiro Aikawa
  • Representative Director, EVP & GM-General Sales: Kazuhiko Dai
  • Director & Executive Vice President: Masahiro Sakai
  • Director & Executive Vice President: Shigeyoshi Tanaka
  • Representative Director & GM-Administration: Shigeyuki Sakurai


  • Silchester International Investors LLP (6.3%)
  • Nomura Asset Management Co., Ltd. (5.6%)
  • Asset Management One Co., Ltd. (3.5%)
  • Taisei Business Association (3.1%)
  • Mizuho Bank Pension Fund (3.1%)
  • The Vanguard Group, Inc. (2.5%)
  • Daiwa Asset Management Co. Ltd. (2.1%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Taisei /1801/ Employee Stock Ownership Plan (1.9%)
  • BlackRock Fund Advisors (1.6%)

Contact Details

  • Website:
  • Address: Shinjuku Center Building, 1-25-1 Nishi-Shinjuku, Tokyo, 163-0606, Japan
  • Phone: +81.3.3348.1111

Related Companies

  • Taisei Myanmar Co., Ltd.
  • TAISEI Board Benefit Plan
  • Ehime Hospital Partners Co., Ltd.
  • TNNS Joint Venture
  • Taisei Corp. (Vietnam)
  • Taisei Corp. (Turkey)
  • Taisei Corp. (Yangon Branch)
  • Taisei Corp. (Singapore)
  • TAISEI Corp. (India)
  • Taisei Corp. (Malaysia)
  • Taisei Asia Space Plan, Inc.
  • VINATA International Co., Ltd.
  • CSCEC-Taisei Construction Ltd.
  • Taisei Corp. (Taipei Branch)
  • Taisei (Thailand) Co., Ltd.
  • Taisei Trust /1801/
  • Taisei Hawaii Corp.
  • Taisei America Capital Funding Corp.
  • Taisei Corp. (Dubai Branch)
  • Taisei Saudi Arabia Co. Ltd.
  • Symboltower Development Co. Ltd.
  • Yuraku Real Estate Sales Co. Ltd.
  • Taisei Service Co. Ltd.
  • Seiwa Renewal Works Co., Ltd.
  • Taisei Housing Corp.
  • Taisei Setsubi Co., Ltd.
  • Taisei Corp. /Bulgaria Branch/
  • Taisei Corp. (Philippines)
  • Taisei Philippine Construction, Inc.
  • Taisei Construction Corp.


    Last Updated on 31 May, 2023

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