NIPPON RIETEC CO., LTD.
TTSE:19382,435.00
JPY
-17.00
(-0.69%)
NIPPON RIETEC CO., LTD.
TSE:1938
(Tokyo Stock Exchange)
Recent
price
2,435.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Nippon Rietec Co., Ltd. engages primarily in the construction and manufacturing of electrical equipment and infrastructure solutions in Japan. The company operates through four main business segments: railway electrical equipment construction; road equipment; indoor and outdoor electrical equipment construction; and transmission line construction. Its core product portfolio includes signal equipment, electric train line facilities, power generation and transformation equipment, lighting and power equipment, communication systems construction, transmission line equipment, road traffic signals, road information control systems, road signs, landscape signs, sound insulation walls, road lighting and aircraft lighting equipment, disaster prevention and sanitation equipment, machinery facility construction, civil engineering works, and waterproofing construction. Additionally, it provides electric installation work and solar power generation systems. Nippon Rietec serves mainly infrastructure and public sector markets across Japan, with headquarters in Tokyo, and was established in 1945. In the past two years, Nippon Rietec has achieved record financial performance driven by robust construction investments and large-scale project orders in road facility and power transmission line divisions. The company has strategically focused on price negotiations, productivity improvements, and cost reduction to offset rising material and personnel costs. It is actively pursuing a medium-term management plan focused on business diversification and expansion into peripheral areas such as renewable energy, high power consumption electrical construction, and stock-based services including design, construction, and maintenance. The firm is also advancing technological innovation through mechanization, labor-saving, and remote operation with aims to transform on-site construction productivity and safety. These initiatives prime Nippon Rietec for growth in infrastructure renewal demands and power transmission line reinforcement within Japan. Nippon Rietec operates primarily in the Japanese market, emphasizing infrastructure sectors including railways, roads, and power transmission. The company's comprehensive approach combines electrical equipment manufacturing with construction and installation services tailored to public infrastructure. Its medium to long-term growth strategy under the NR 2027 Medium-Term Management Plan targets consolidated net sales of 77.5 billion yen and operating profit of 6.5 billion yen by fiscal 2028, with technology refinement and new business collaboration playing key roles. The company maintains a strong commitment to safety, quality, and innovation as it diversifies its revenue streams and strengthens partnerships. Founded in 1945 and headquartered in Tokyo, Nippon Rietec employs over 1,500 personnel, maintains a solid industry reputation, and is publicly traded on the Tokyo Stock Exchange under ticker 1938.T. Its expansive product and service range, coupled with strategic operational improvements and diversification, position it as a significant player in Japanese electrical infrastructure construction and equipment sectors.