Daiho Corporation
Basic Information
- Stock Code
- 1822
- Industry
- Construction Industry
- Category Detail
- Construction & Civil Engineering
- Prefecture
- Tokyo
- Establishment Year
- March 1949
- Listing Year
- February 1962
- Official Website
- https://www.daiho.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Ando-Hazama, Soneck, Taisei Corporation, Obayashi Corporation, Shimizu Corporation, Haseko Corporation, Matsui Construction, Kajima, Nishimatsu Construction, Toda Corporation, Kumagai Gumi, Infronea Holdings, Mori Industrial
Overview
Daiho Corporation is a general contractor headquartered in Tokyo, founded in 1949, with strengths in both civil engineering and building construction, and a proven track record in real estate development and overseas infrastructure projects.
Current Situation
Daiho Corporation achieved consolidated sales of approximately ¥156 billion and operating profit of approximately ¥5 billion in the fiscal year ended March 2023, maintaining a stable financial base. Its civil engineering and construction businesses account for sales in nearly a 1:1 ratio, balancing public sector and private sector projects. It excels in proprietary civil engineering technologies such as the pneumatic caisson method, shield tunneling method, and dolphin dock method. In recent years, it has expanded its real estate business into elderly condominiums and large logistics facility development. Overseas, it has bases in Taiwan, Cambodia, Thailand, and Madagascar, undertaking transportation infrastructure and port construction. In 2020, it established a Technology Research Institute to develop excavation technologies utilizing ICT and AI, as well as construction technologies using VR. In 2022, it formed a capital and business alliance with its major shareholder Asō Group to strengthen its management foundation. In 2023, it transitioned to the Tokyo Stock Exchange Standard Market to enhance its capital market valuation. Moving forward, it will promote technological innovation and contributions to local communities for sustainable growth.
Trivia
Interesting Facts
- Company name derives from the former Manchuria's Toyoman Dam
- Technology research institute gained social attention for CLT material architecture
- First in Japan to introduce VR system for pneumatic caisson training
- Held 70th anniversary commemorative events themed on tradition and renewal
- Madagascar Ehoala Port project won American Society of Civil Engineers award
- Develops condominiums for the elderly in real estate business
- Significantly strengthened management base through capital alliance with Asō
- Promotes construction technology innovation through diverse technologies and ICT integration
- Stable management with nearly 1:1 sales ratio of civil engineering to construction
- Established subsidiaries overseas: Thai Daiho and Madagascar Daiho
- Won Excellence Award in Commercial Advertising Category at Civil Engineering PR Grand Prix 2023
- Japan's only developer of pneumatic caisson simulator
- Numerous achievements in tunnel construction for high-speed transport infrastructure
- Proprietary dolphin dock method for port works
- Strict internal rules for technology succession
Hidden Connections
- Sponsored Morimoto Gumi's regeneration from 2003 civil rehabilitation
- Synergistic effects in construction and real estate with major shareholder Asō Group
- Invested in MEC Industry of Mitsubishi Estate Group, expanding into forestry
- Advances new technology development through collaborations with universities and research institutions via technology research institute
- Differentiated in TSE market by uniqueness of civil engineering technology
- Madagascar large port project results adopted in local currency design
- Diversifying orders from not only public agencies but also private sector domestically and internationally
- Established strong position in shield tunneling field through long-term technology accumulation
Future Outlook
Growth Drivers
- Increasing demand for public infrastructure maintenance and renewal
- Infrastructure development needs in overseas Asia and Africa markets
- Construction efficiency improvements via ICT and AI technologies
- Expansion of demand for environmentally considerate architecture
- Growth in elderly housing market
- Strengthening diversified construction and real estate businesses
- Financial stability through capital alliances
- Competitiveness enhancement via new technology development
- Sustainable business expansion rooted in regions
- Enhanced response to international construction technology standards
- Organizational strengthening through talent development and diversity promotion
- Advancement of safety and health standards
Strategic Goals
- Maintain balance between civil engineering and construction while improving profitability
- Develop new infrastructure markets domestically and internationally
- Practical application of AI/ICT automated excavation technology
- Promote adoption of low-environmental-impact architecture
- Achieve stable growth through diversified business portfolio
- Strengthen technology R&D bases domestically and internationally
- Deepen CSR activities coexisting with local communities
- Strengthen management base leveraging capital and business alliances
- Achieve 80% technology commercialization rate at research institute by 2025
- Reach 30% female engineer ratio
Business Segments
Civil Engineering Infrastructure Business
- Overview
- Infrastructure development for public agencies using advanced civil engineering technologies.
- Competitiveness
- Advanced civil engineering technology and stable order base
- Customers
-
- National and public agencies
- Local governments
- Infrastructure management operators
- Public works contractors
- Construction consultants
- Products
-
- Pneumatic Caisson Method Construction
- Shield Tunneling Method Construction
- Dolphin Dock Method
- Tunnel Excavation Works
- Bridge Foundation Works
Building Construction Business
- Overview
- Diverse building construction for private and public sectors.
- Competitiveness
- Extensive experience across various building fields
- Customers
-
- Private companies
- Real estate developers
- Public facility managers
- Commercial facility operators
- Medical and welfare facility operators
- Products
-
- Elderly Condominium Construction
- Large Commercial Facility Construction
- Medical Facility Construction
- Logistics Warehouse Construction
- Office Building Construction
Overseas Infrastructure Business
- Overview
- Transportation and port infrastructure development in Asia and Africa.
- Competitiveness
- Overseas business network and technological capabilities
- Customers
-
- Foreign governments
- International development agencies
- Local companies
- Infrastructure operators
- Products
-
- Port Construction Works
- Road and Rail Infrastructure Works
- Public Building Construction
Technology Research and Development
- Overview
- New technology development and construction efficiency/safety improvements using ICT and AI.
- Competitiveness
- Advanced R&D environment and achievements
- Customers
-
- Internal technology divisions
- Construction technology partners
- Universities and research institutions
- Products
-
- Excavation Technology Simulator
- VR Construction Experience System
- Automated Excavation Technology
Real Estate Development and Management
- Overview
- Develops elderly condominiums and logistics facilities.
- Competitiveness
- Synergy between real estate development and construction
- Customers
-
- Real estate investors
- Property management companies
- Condominium buyers
- Products
-
- Condominiums for sale
- Rental housing
- Logistics facility development
Construction Materials Manufacturing and Sales
- Overview
- Provides construction site materials through affiliates.
- Competitiveness
- Diversified materials supply system
- Customers
-
- General contractors
- Construction companies
- Equipment installation companies
- Products
-
- Painting industry products
- Machinery parts processing
- Building materials
Competitive Advantage
Strengths
- High expertise in civil engineering technology
- Balanced civil engineering and construction businesses
- Stable public sector order base
- Track record in overseas infrastructure
- Technology innovation driven by research institute
- Regionally focused business expansion
- Financial base strengthened through capital alliance
- Diversified business segments
Competitive Advantages
- High technological prowess in pneumatic caisson method
- Advanced civil engineering construction technologies like shield tunneling
- Experience in infrastructure construction in overseas markets
- Environmentally friendly architecture using wooden construction and CLT
- Possession of ICT and AI-based construction efficiency technologies
- Synergy effects from real estate development and construction
- Sustainable R&D promotion through technology research institute
- Skilled technician development and succession system
Threats
- Risk of fluctuations in public works budgets
- Rising construction material prices
- Labor shortages making talent acquisition difficult
- Political and economic risks in overseas business
- Project delay risks from natural disasters
- Intense bidding competition with rivals
- Decline in competitiveness due to delayed technological innovation
- Cost increases from stricter environmental regulations
Innovations
2023: Advanced Pneumatic Caisson Sinking Excavation Management System
- Overview
- Introduced automatic measurement of excavation ground shape and high-precision automatic measurement of caisson position and posture.
- Impact
- Significant improvement in excavation accuracy and work safety
2022: Development and Introduction of Shield VR Experience System
- Overview
- Enabled experiential training in shield tunneling construction using life-size virtual reality.
- Impact
- Promotes efficiency in technology transfer and new engineer training
2021: Promotion of Wood-Based Architecture Using CLT Materials
- Overview
- At the new technology research institute, fully adopted CLT materials to advance wooden architecture.
- Impact
- Reduction in environmental impact and warmer building ambiance
2024: Development of Automated Excavation Technology Integrating ICT and AI
- Overview
- Aims to automate excavation work by integrating excavation management systems with AI.
- Impact
- Expected improvements in efficiency and safety
2020: Technology Research Institute Establishment to Strengthen Technological Foundation
- Overview
- Newly established Technology Research Institute in Inashiki District, Ibaraki Prefecture, to advance cutting-edge technology development.
- Impact
- Accelerates technology transfer and challenges in new fields
Sustainability
- Environmental impact reduction through CLT wooden architecture
- Resource conservation promotion via ICT in technology research
- Community contribution activities in collaboration with public and private sectors
- Thorough environmental management with ISO 14001 certification
- Strengthening sustainable overseas business expansion
- Enhanced efforts for recycling resource utilization
- Promotion of energy-saving construction methods
- Continuous improvement of safety and health management systems
- Regional economic revitalization through local job creation
- Promotion of female engineers and respect for diversity