- CEO
- Hiroaki Masakiyo
- Full Time Employees
- 722
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Shinagawa Intercity Tower A Tokyo TY Japan 108-6015
- IPO Date
- Jun 1, 1963
- Business
- Ichiken Co., Ltd. (1847.T) operates as a general construction company primarily engaged in building commercial facilities, residential housing, offices, factories and warehouses, medical and welfare facilities, and civil engineering works; it also conducts real estate activities including sales, leasing, and development of housing and commercial properties, as well as planning, design, and management of complex commercial facilities and specialty stores. The company provides one-stop solutions encompassing design, supervision, construction, and after-sales maintenance, with a focus on commercial-facility construction expertise supporting urban development projects such as supermarkets, lodging facilities like APA Hotels, and logistics centers featuring BIM design and ZEB Ready standards. Founded in 1930 and headquartered at Shinagawa Intercity Tower A in Minato-ku, Tokyo, Ichiken employs around 697 people including group companies and maintains branches across Japan, with overseas operations through ICHIKEN Vietnam Construction Co., Ltd.
In its construction segment, Ichiken delivers new construction, interior design, and renovations for retail stores, amusement facilities, condominiums, and institutional buildings like hospitals and hotels, serving private sector clients including major operators and public works; the real estate segment contributes stable rental income from owned properties. Geographically, operations span Japan with key projects in regions like Saitama, Hokkaido, Hyogo, and Hiroshima, alongside Vietnam initiatives for project management and human resource development.
Recent developments include the acquisition of Kataoka Kogyo Co., Ltd. as a wholly owned consolidated subsidiary effective July 1, 2024, adding civil engineering strengths in public works such as river improvements, sludge propulsion, and infrastructure restoration to support Vision 2030 growth targets; this transition prompted consolidated reporting and upward revisions to FYE March 2025 forecasts, projecting net sales of 98 billion yen and operating profit of 4.75 billion yen. The company advanced overseas expansion in Vietnam via IKVC for full-scale operations and IT/construction DX initiatives, while boosting orders for lodging and logistics amid e-commerce demand, achieving first-half FYE March 2025 orders of 52.1 billion yen. Dividend forecasts rose to 130 yen per share, including a commemorative dividend, reflecting profit growth.