TOKYO -- Two of Japan's leading construction groups seek to grow their renewable energy business significantly in the next few years to create a stable revenue source apart from their cycle-prone core business.
Obayashi aims for a consolidated operating profit of about 2.3 billion yen ($20.4 million) from solar farms and other renewable energy projects in the year ending March 2019 -- 10 times last fiscal year's result. Maeda projects a 150% gain to roughly 1 billion yen.
