- Business
- Yurtec Corporation (YRCCF) operates as a general facility engineering company, specializing in the construction, maintenance, and repair of electrical power facilities, indoor wiring, air-conditioning and plumbing systems, information and telecommunications networks, renewable energy installations, civil engineering works, and building architecture; it also provides ancillary services including security, real estate management, equipment leasing, waste disposal, and solar power wholesale. Founded in 1944 and headquartered in Sendai, Japan, the company maintains over 77 sales locations across the Tohoku and Niigata regions, the Kanto area, and overseas operations in more than 20 countries, primarily Vietnam, Myanmar, Bangladesh, and African nations through ODA projects, serving office buildings, factories, hospitals, schools, shopping malls, public facilities, and electric power companies such as Tohoku Electric Power. Yurtec operates through Facility Construction and Others segments, with consolidated net sales of 243.1 billion yen, 5,809 employees, and 16 subsidiaries including YURTEC VIETNAM CO., LTD. and Sigma Engineering JSC. In recent developments, Yurtec established its 2030 Vision and Medium-Term Management Plan (2024-2028) targeting consolidated net sales of 270.0 billion yen and operating profit of 13.5 billion yen by FY2028, with further growth to 300.0 billion yen in net sales by the early 2030s; it made Sigma Engineering JSC, a major Vietnamese facility engineering firm, a wholly-owned subsidiary in June 2021 to bolster overseas expansion, particularly in renewable energy and indoor wiring; the company listed on the Prime Market of the Tokyo Stock Exchange, opened a Safety Promotion Center, and established a Renewable Energy Headquarters to capitalize on carbon neutrality initiatives, ZEB conversions, EV charging infrastructure, and offshore wind projects.