UEKI Corporation (1867) Corporate presentation summary

Company overview and history

• Founded in 1885, with a long history supporting regional development through construction.

• Headquartered in Niigata Prefecture, with 13 locations and operations focused on eastern Japan, especially Niigata and the Tokyo metropolitan area.

• Listed on the Tokyo Stock Exchange Standard Market (code: 1867), with consolidated sales of ¥63.3 billion and operating profit of ¥3.72 billion for FY2026/3.

• Group includes 13 subsidiaries and 3 affiliates, employing 1,005 people.

• Notable achievements include pioneering snow-melting pipe installation and major infrastructure projects.

Business segments and strengths

• Main business is general construction, with civil engineering and building construction accounting for 90%+ of sales and profit.

• Civil engineering (pipelines, roads, riverbanks, dams) and building construction (factories, warehouses, offices) are core segments.

• Strong reputation for pipeline and conduit work, leveraging expertise from Niigata's oil and gas development.

• Early adopter of digital construction technologies (BIM/CIM, AI) to improve productivity and efficiency.

• Recognized for high-quality public works and infrastructure resilience, with a focus on disaster recovery and energy-related projects.

Financial performance and trends

• FY2026/3 saw significant revenue and profit growth, exceeding initial plans due to strong progress in large civil and building projects.

• Sales: ¥63.3 billion (+24.8% YoY), operating profit: ¥3.72 billion (+30.4% YoY), with improved operating margin.

• Civil engineering contributed 58% of sales and 67% of operating profit; building construction 42% of sales and 33% of profit.

• Balance sheet shows increased receivables and short-term borrowing due to large, long-term projects.

• Cash flow expected to improve as project payments are collected in future periods.