Mirait One

Basic Information

Stock Code
1417
Industry
Construction
Category Detail
Construction & Civil Engineering
Prefecture
Tokyo
Establishment Year
October 2010
Listing Year
October 2010
Official Website
https://www.mirait-one.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
JESCO Holdings, Hikari Holdings, Comsys HD, Syncreyer, Tohkon, Excio G, Kanda Communications Equipment, Oie Electric

Overview

Mirait One is a major Tokyo-based telecommunications construction company established in 2010, holding a top-class position in the industry with electrical telecommunications construction for telecommunications operators such as the NTT Group as its mainstay.

Current Situation

Mirait One achieved consolidated sales of approximately 578.6 billion yen and net profit of approximately 17.2 billion yen in the fiscal year ending March 2025, establishing a stable business foundation. In its mainstay electrical telecommunications construction sector, it boasts one of the largest scales domestically, with strong transaction relationships centered on the NTT Group and KDDI. Leveraging a wide range of subsidiaries, it engages in diversified business operations including electrical works, civil engineering works, and building construction, with a network of regionally focused sales offices across the nation. In recent years, it has actively pursued group reorganizations and subsidiary acquisitions both domestically and internationally, focusing on improving operational efficiency and service quality. Additionally, it is expanding into new areas by utilizing various registered qualifications such as certified wireless station inspections and worker dispatching services. On the sustainability front, it is proactively addressing environmental load reduction and contributions to local communities, positioning enhancements in ICT and next-generation telecommunications infrastructure as part of its growth strategy toward 2030. Stable revenue growth is expected going forward as a foundation for domestic telecommunications infrastructure.

Trivia

Interesting Facts

  • Born from the 2010 integration of multiple companies, a major in telecommunications construction.
  • Possesses rare nationwide business deployment in domestic telecommunications infrastructure.
  • Holds high market share in NTT Group telecommunications works.
  • Group structure with multiple subsidiaries enables対応 to diverse regional needs.
  • Pioneering construction technology in latest telecommunications infrastructure works.
  • Certified wireless station inspection business has high industry specialization.
  • Acquired Kokusai Kogyo in 2023 to strengthen spatial information field.
  • Actively incorporates ICT solutions to expand services.
  • Advances scale expansion and synergy creation through management integrations and acquisitions.
  • Branches placed in major cities nationwide for agile response to local needs.
  • Also engages in worker dispatching business, strong in securing construction talent.
  • High customer trust due to diverse registered qualifications.
  • Owns drone-related subsidiary for introducing latest technologies.
  • Stable company listed on Tokyo Stock Exchange Prime Market.
  • Focuses on environmentally considerate works technology and energy-saving promotion.

Hidden Connections

  • Has overseas companies among group subsidiaries, expanding infrastructure business in Asia region.
  • Secures stable revenue as major works partner for NTT Group.
  • Supports construction strength through talent procurement via worker dispatching business.
  • Aims for fusion of spatial information and construction works through Kokusai Kogyo acquisition.
  • Collaborative and competitive relationships with multiple telecommunications construction competitors through industry associations.
  • Owns drone-related subsidiary, advancing site management efficiency.
  • Diversified into sports facility construction etc. through subsidiary of Seibu Construction from Seibu Group.
  • Early adoption of IoT technology in response to technological innovations in telecommunications construction industry.

Future Outlook

Growth Drivers

  • Expansion of adoption of next-generation telecommunications technologies such as 5G and 6G
  • Increasing demand for ICT infrastructure related to smart cities
  • Demand for telecommunications and civil engineering infrastructure maintenance due to strengthened disaster measures
  • Demand for equipment updates due to energy-saving and environmental regulation strengthening
  • Construction efficiency and quality improvements through ICT technology introduction
  • Increased public telecommunications investments accompanying government digitalization promotion
  • Expansion of overseas market telecommunications infrastructure construction and maintenance business
  • Scale expansion through group reorganization and new subsidiary acquisitions
  • Diversification of talent services business such as worker dispatching
  • Differentiation through普及 of environmentally considerate construction technologies

Strategic Goals

  • Maintain top market share in domestic telecommunications infrastructure construction
  • Double sales in smart city-related businesses
  • Promote integration of multi-area businesses utilizing group subsidiaries
  • 30% improvement in construction efficiency using ICT technologies
  • 80% or higher adoption rate of environmentally considerate works
  • Expansion of overseas telecommunications infrastructure business sales
  • Industry leadership in worker dispatching business
  • Strengthened legal compliance and expansion in certified wireless station inspection business
  • Enhanced contributions to local communities and sustainability promotion
  • Improved group management efficiency and profitability

Business Segments

Telecommunications Infrastructure Construction

Overview
Specializes in design, construction, and maintenance of telecommunications infrastructure for major telecommunications operators and municipalities.
Competitiveness
Responsive capabilities and extensive track record backed by large group strength
Customers
  • NTT Group
  • KDDI
  • SoftBank
  • Local Telecommunications Operators
  • Data Center Operators
  • Municipalities
Products
  • Fiber Optic Laying
  • 5G Base Station Installation
  • LAN Construction
  • Telecommunications Equipment Maintenance
  • Certified Wireless Station Inspections

Electrical Equipment Works

Overview
Comprehensive support for electrical equipment construction and maintenance across industries with diverse products.
Competitiveness
Technical expertise spanning multiple fields and extensive sales network
Customers
  • Commercial Facility Operators
  • Factories
  • Real Estate Developers
  • Home Builders
  • Government Agencies
Products
  • Commercial Facility Electrical Works
  • Factory Wiring Works
  • Residential Electrical Equipment
  • Energy-Saving Equipment Installation
  • EV Charger Installation

Civil Engineering Infrastructure Works

Overview
Provides civil engineering works supporting social infrastructure, adapted to public and private needs.
Competitiveness
Broad construction knowledge and disaster response capabilities
Customers
  • Local Governments
  • Railway Companies
  • Road Management Companies
  • Disaster Prevention Businesses
  • Public Works Contractors
Products
  • Road Paving
  • Bridge Repairs
  • River Embankments
  • Ground Improvement
  • Disaster Recovery

Building Construction

Overview
Expands architecture construction from residential to large facilities while maintaining high quality.
Competitiveness
Environmental considerations and advanced construction management system
Customers
  • Real Estate Developers
  • Public Facility Operators
  • Commercial Facility Owners
  • Residential Customers
  • Hospital Operators
Products
  • High-Rise Building Construction
  • Residential Construction
  • Public Facility Renewal
  • Environmentally Considerate Architecture
  • Seismic Renovation

Materials Planning and Supply

Overview
Integrates supply of essential materials for works inside and outside the group.
Competitiveness
Efficiency through procurement strength and advanced logistics management
Customers
  • Group Companies
  • Construction Businesses
  • Telecommunications Equipment Contractors
  • Materials Wholesalers
  • Environmental Businesses
Products
  • Telecommunications Materials Supply
  • Electrical Works Materials
  • Civil Engineering and Architecture Materials
  • Environmentally Compatible Materials
  • Safety Materials

ICT Solutions Business

Overview
Realizes added value enhancement for telecommunications infrastructure using the latest ICT technologies.
Competitiveness
Integration of telecommunications construction and ICT technology
Customers
  • Telecommunications Operators
  • Municipalities
  • Large Facility Managers
  • Smart City Promotion Companies
  • Information Services
Products
  • Network Design Support
  • IoT Infrastructure Construction
  • Cloud Integration
  • Security Measures
  • Maintenance and Operation Services

Certified Wireless Station and Inspection Business

Overview
Specializes in periodic wireless station inspections and notification services essential for legal compliance.
Competitiveness
Reliable quality by experienced specialist technicians
Customers
  • Telecommunications Operators
  • Broadcast Stations
  • Government Agencies
  • Radio Wave Users
  • Construction Businesses
Products
  • Certified Wireless Station Inspections
  • Radio Law Procedure Support
  • Equipment Safety Confirmation
  • Inspection Report Preparation
  • Maintenance Management Support

Worker Dispatching Service

Overview
Deploys high-specialty talent dispatching services for construction and telecommunications industries.
Competitiveness
Abundant talent pool responsive to industry needs
Customers
  • Construction Sites
  • Telecommunications Equipment Construction Companies
  • Civil Engineering Businesses
  • Electrical Construction Businesses
  • IT-Related Companies
Products
  • Specialist Technician Dispatch
  • Construction Manager Dispatch
  • Skilled Worker Dispatch
  • Administrative Staff Dispatch
  • Support Task Dispatch

Next-Generation Infrastructure Development

Overview
Advances environmentally compatible next-generation infrastructure equipment construction, contributing to solving social issues.
Competitiveness
Integration of environmental technologies and telecommunications construction
Customers
  • Municipalities
  • Telecommunications Equipment Vendors
  • Smart City Promotion Companies
  • Power Companies
  • Research Institutions
Products
  • Smart Grid Works
  • Renewable Energy Equipment Construction
  • IoT Network Construction
  • Next-Generation Telecommunications Network Development
  • Energy Management System Installation

Overseas Business

Overview
Provides construction support for overseas telecommunications infrastructure and electrical works, centered on Asia.
Competitiveness
Global network and local collaboration strength
Customers
  • Local Telecommunications Operators
  • Infrastructure Projects
  • International Cooperation Organizations
  • Overseas Construction Companies
  • Government-Related Groups
Products
  • Telecommunications Infrastructure Construction
  • Electrical Works Construction
  • Local Technical Support
  • Materials Procurement
  • Project Management

Safety and Health Education Support

Overview
Provides education and management support services aimed at maintaining and improving safety and health.
Competitiveness
Practical training programs rooted in real-world operations
Customers
  • Group Companies
  • Construction Sites
  • Telecommunications Works Sites
  • Related Companies
  • Training Institutions
Products
  • Safety Training Programs
  • Labor Safety Management Support
  • Qualification Acquisition Support
  • Site Safety Inspections
  • Legal Compliance Support

Environmental Conservation Business

Overview
Comprehensive support for environmental load reduction and conservation associated with construction projects.
Competitiveness
Diverse environmental technologies and long years of construction experience
Customers
  • Public Works Entities
  • Construction Companies
  • Municipalities
  • Environmental Consultants
  • Local Groups
Products
  • Environmental Impact Assessment
  • Soil and Water Quality Conservation
  • Greening and Landscaping Works
  • Waste Management
  • Environmental Conservation Plans

Competitive Advantage

Strengths

  • Comprehensive strength from large group companies
  • Strong relationships with major customers such as NTT Group
  • Sales office network spanning nationwide
  • Technical expertise in diverse construction and telecommunications works
  • Utilization of abundant subsidiaries and external resources

Competitive Advantages

  • Top-class track record in telecommunications infrastructure construction in the industry
  • One-stop対応 for wide range of construction fields
  • Design and construction capabilities for latest telecommunications technologies
  • Reliability from diverse certifications and qualifications
  • Broad customer対応 with regional closeness

Threats

  • Risk of delayed response to technological changes in telecommunications industry
  • Intensification of price competition from competitors
  • Concerns over declining construction capabilities due to shortage of construction talent
  • Impact of reduced public investment due to economic downturn
  • Business continuity risks from natural disasters
  • Cost increases from strengthened legal regulations

Innovations

2023: Making Kokusai Kogyo a Wholly Owned Subsidiary

Overview
Made Kokusai Kogyo a wholly owned subsidiary within the group to strengthen spatial information services.
Impact
Enhanced analysis and design capabilities for improved proposal strength

2022: Management Integration through Merger: Launch of Mirait One

Overview
Strengthened business foundation through merger of Mirait Holdings and major subsidiaries.
Impact
Achieved efficient management and business expansion

2021: Smart City Telecommunications Infrastructure Development

Overview
Began focusing on design and construction of next-generation infrastructure compatible with IoT networks.
Impact
Leads to expansion into new business areas

2020: Advanced 5G Base Station Works Technology

Overview
Developed rapid construction and function inspection processes for 5G-compatible base stations.
Impact
Achieved shortened construction periods and quality improvements

Sustainability

  • Promotion of energy-saving equipment introduction
  • Development of construction technologies aimed at reducing environmental impact
  • Activities to promote coexistence with local communities
  • Strengthened waste recycling within the group
  • Advanced labor safety and health and expanded education