Industrial Services

TAISEI Corp.

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	JPY	USD
Revenue	1,642.71B	12,121.77M
Gross Profit	147,773M	1,090.43M
Operating income	54,587M	402.80M
Income before tax	68,094M	502.47M
Net income	47,125M	347.74M
EBITDA	66,065M	487.50M
Diluted EPS	241.23	1.78
Dividends Per Share	130	0.95
Total Assets	2,016.71B	15,153.03M
Total liabilities	1,182.76B	8,886.98M
Total equity	829,188M	6,230.28M
Operating cash flow	30,101M	222.11M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 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 2019	Mar 2020	Mar 2021	Mar 2022	Mar 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
PER	16.97
ROA	2.37%
ROE	5.55%
Operating margin	3.32%
Profit margin	2.86%

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

Shareholders

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:http://www.taisei.co.jp
Address: Shinjuku Center Building, 1-25-1 Nishi-Shinjuku, Tokyo, 163-0606, Japan
Phone: +81.3.3348.1111

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Competitors

Last Updated on 31 May, 2023