Asahi Concrete Works Co., Ltd.
5268・Standard Market・Glass & Ceramics Products
Concrete-Related Business
Core business centered on manufacturing and sale of precast concrete products, construction works, and materials sales
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (full year) | ¥7,594 million | ¥7,180 million | ↑ |
| Segment profit (full year) | ¥660 million | ¥585 million | ↑ |
| Segment assets | ¥11,954 million | ¥11,417 million | ↑ |
| Depreciation (full year) | ¥237 million | ¥226 million | ↑ |
| Increase in tangible and intangible fixed assets (full year) | ¥421 million | ¥267 million | ↑ |
Business Details
Composed of three divisions: the Precast Concrete Products division (manufacturing and sale of hume pipes, box culverts, common utility ducts, earthquake-resistant fire cisterns, etc.), the Construction division (Concrete Product Laying Works, etc.), and the Other division (purchase and sale of construction materials and materials for attachment to concrete products). The segment's primary demand base is public infrastructure development and national resilience initiatives, and the company is pursuing profitability improvements through design pre-incorporation activities utilizing CIM (digital technologies such as 3D spatial models and 3D printer models) and selective order-taking.
Recent Overview
Large increase in materials sales drove both segment sales and profit higher
In FY2026 (ending March 2026), the Concrete-Related Business achieved sales of ¥7,594 million (up 5.8% year on year) and segment profit of ¥660 million (up 12.9% year on year), representing increases in both revenue and profit. The Other division (construction and attachment materials) drove overall performance with a substantial sales increase of 18.3% to ¥2,671 million. Meanwhile, the Precast Concrete Products division saw only a 0.6% increase in sales, and the Construction division's sales declined 5.8%. Capital expenditure rose sharply to ¥421 million from ¥267 million in the prior period, as equipment renewal proceeds at key plants.
Key Products
Growth Drivers
- Steady demand for disaster prevention and infrastructure development works driven by the promotion of the National Resilience Plan
- Private-sector demand such as redevelopment projects near stations in urban centers and construction of logistics warehouses and factories in suburban areas
- Expanding demand for precast concrete structures amid the progress of ICT adoption in the construction industry, replacing on-site cast concrete structures
- Order acquisition through design pre-incorporation activities utilizing CIM (3D spatial models, 3D printer models, etc.)
- Efforts to improve profit and loss through selective order-taking and to enhance production efficiency
- Diversification of sales composition through expansion of the purchase and sale of construction and attachment materials (Other division)
Risks
- Rising costs and deteriorating profitability management due to surging raw material and energy prices
- The Precast Concrete Products division's growth rate remained limited at a 0.6% sales increase, with the core division's growth continuing to stagnate
- The Construction division posted a 5.8% year-on-year sales decline, marking a second consecutive period of decline, with securing construction projects remaining a challenge
- Significant year-to-year and regional variation in public works budgets, making stable demand forecasting difficult
- Worsening labor shortages in the construction industry and delays in construction periods causing shifts in the timing of revenue recognition
- Selling, general and administrative expenses increased from ¥968 million to ¥1,017 million in the prior period, with continued upward pressure on fixed costs
Last updated: June 24, 2026