Kyudenko

Basic Information

Stock Code
1959
Industry
Construction
Category Detail
Construction & Civil Engineering
Prefecture
Fukuoka Prefecture
Establishment Year
December 1944
Listing Year
November 1968
Official Website
https://www.kyudenko.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
West Holdings, Yurtec, Nippon Ritec, Yondenko, Chudenko, Kandenko, Kinden, Toenec, Sumitomo Densetsu, Nippon Densetsu Kogyo

Overview

Kyudenko is a major construction company based in Fukuoka Prefecture, established in 1944. Its primary businesses are electrical equipment, air conditioning, and environmental equipment works. As part of the Kyushu Electric Power Group, it excels in regional energy technologies and construction.

Current Situation

Kyudenko recorded consolidated sales of approximately 428.9 billion yen and operating profit of about 36 billion yen in fiscal 2020, maintaining a stable revenue base. As a member of the Kyushu Electric Power Group, it centers on regionally rooted electrical equipment works while expanding into air conditioning and sanitation equipment as well as environmental businesses. It is also focusing on developments in information and communications fields such as remote medical systems and BEMS. Its strengths include design and construction technologies for large-scale regional energy centers, contributing to sustainable energy infrastructure. In addition, it plans to change its name to "KRAFTIA" in 2025 to advance management reforms and brand strengthening. Despite experiencing suspensions from public works bidding by national and local governments, it is reinforcing compliance and tackling business reconstruction. Compared to competitors, it boasts superior integrated construction capabilities for electrical equipment and air conditioning duct works, aiming for mid- to long-term growth based on its technological prowess. Looking ahead, it will pursue revenue growth through environmental equipment renewals and expansion of regional energy businesses, while striving to maintain its industry position via DX and energy-saving measures.

Trivia

Interesting Facts

  • Boasts the largest scale electrical equipment construction capacity in Kyushu
  • Strong track and field team has produced multiple Olympic athletes
  • Plans to change company name for the first time in 36 years in 2025
  • Tokyo head office located in Sunshine 60, away from Fukuoka
  • Air conditioning duct works account for the largest share within Kyushu Electric Power Group
  • Deeply involved in public wastewater treatment and environmental equipment
  • Long-term commitment to remote medical system development
  • Expands business scope through diverse affiliates
  • Ventured into commercial facility operations across Kyushu
  • Major sponsor of Fukuoka International Marathon

Hidden Connections

  • Strong capital and business ties with Kyushu Electric Power, with many group projects
  • Tokyo head office in Sunshine 60 reflects historical electric power industry influences
  • Past public works nomination suspension experience promoted industry compliance strengthening
  • Track and field powerhouse serves as a weapon for active sports support
  • Introduction of communications technology aims at fusion of power equipment and information networks
  • Establishment of renewable energy subsidiaries focuses on environmental sector
  • Broad range of affiliates exemplifies typical management model for regional electric power subcontractors
  • Recognized as a leader in driving regional economic revitalization

Future Outlook

Growth Drivers

  • Increasing demand for regional energy facilities
  • Expansion of opportunities in energy-saving and environmental equipment
  • Improved construction efficiency and quality via DX
  • Expansion of renewable energy business
  • Long-term needs for public facility renewals
  • Growth in intra-Kyushu Electric Power Group projects
  • Demand for integration of ICT and power equipment
  • Strengthened environmental policies by local governments
  • Technological enhancement through talent development
  • Growth in urban redevelopment projects

Strategic Goals

  • Complete brand refresh via name change
  • Achieve over 50% ratio of environmentally considerate businesses
  • Improve construction efficiency by 30% through DX promotion
  • Expand into other regions like Okinawa and Hokkaido
  • 30% increase in renewable energy sector sales
  • Continue zero public project nomination suspensions
  • Strengthen construction capabilities through talent acquisition and development
  • Improve ESG ratings centered on regional social contributions
  • Develop businesses with sustainability certifications
  • Secure stable earnings from overseas affiliates

Business Segments

Public Facility Electrical Works

Overview
Provides electrical equipment and disaster prevention systems for various public facilities to create safe and comfortable environments.
Competitiveness
Long track record in public works and strong regional ties
Customers
  • Local governments
  • Public hospitals
  • School foundations
  • Water utilities
  • Environmental bureaus
  • Water and sewage utilities
Products
  • Power distribution equipment design and construction
  • Disaster prevention system works
  • LED lighting installation
  • Surveillance camera systems
  • Environmentally harmonious air conditioning equipment

Private Commercial Facility Works

Overview
Designs and constructs high-quality, energy-efficient electrical and air conditioning equipment to realize optimal building environments.
Competitiveness
Total equipment proposals and construction management capabilities
Customers
  • Developers
  • Commercial building management companies
  • Hotel operators
  • Logistics centers
  • Factory owners
Products
  • Electrical equipment design and construction
  • Air conditioning and sanitation equipment works
  • Energy-saving system introduction
  • Disaster prevention equipment works
  • Smart building systems

Industrial Plant Equipment Works

Overview
Handles everything from plant design and construction to maintenance, supporting stable operations and energy savings.
Competitiveness
Advanced technological capabilities and comprehensive construction system
Customers
  • Power generation companies
  • Chemical plants
  • Food processing plants
  • Environmental treatment facilities
  • Energy-related companies
Products
  • Energy plant electrical equipment
  • Piping works
  • Environmental equipment design and construction
  • Control system installation
  • Maintenance services

Communications Infrastructure Works

Overview
Improves infrastructure reliability and efficiency through design and construction of diverse communications equipment.
Competitiveness
Fusion technologies leveraging electric power strengths
Customers
  • Telecom carriers
  • Public institutions
  • Corporate network administrators
  • Medical institutions
  • Information and communications providers
Products
  • Telephone line works
  • LAN setup
  • CATV equipment installation
  • Remote medical system works
  • BEMS equipment design and construction

Building Equipment Renovation

Overview
Promotes equipment efficiency improvements and environmentally friendly renovations for existing facilities to achieve cost reductions.
Competitiveness
Integration of diverse equipment technologies and regional responsiveness
Customers
  • Building owners
  • Management associations
  • Commercial facility operators
  • Hotel operators
  • Municipal facility managers
Products
  • Energy-saving renovation works
  • Equipment renewal planning
  • Renewable energy equipment
  • Electrical and air conditioning equipment renewal
  • Maintenance contracts

Environmental Energy Business

Overview
Contributes to realizing regional circular societies through design and construction of low-environmental-impact energy equipment.
Competitiveness
Specialized know-how in renewable energy construction
Customers
  • Local governments
  • Energy project companies
  • Agricultural corporations
  • Environmental NPOs
  • National research institutions
Products
  • Biomass power generation facility design and construction
  • Solar power equipment construction
  • New energy technology introduction support
  • Environmental equipment maintenance
  • Smart energy systems

Equipment Maintenance Services

Overview
Supports long-term stable operation of diverse equipment, aiming for cost reductions and enhanced safety.
Competitiveness
Extensive construction experience and regional networks
Customers
  • Government agencies
  • Private companies
  • Medical institutions
  • Commercial facilities
  • Public transportation
Products
  • Regular inspection services
  • Emergency repair response
  • Equipment renewal proposals
  • Energy-saving diagnostics
  • Long-term maintenance contracts

Remote Diagnostics and ICT Services

Overview
Provides technologies for remote equipment management and energy savings using advanced ICT.
Competitiveness
Integration of electrical works and ICT technologies
Customers
  • Medical institutions
  • Corporations
  • Public institutions
  • Information and communications companies
  • Equipment management companies
Products
  • Remote diagnostic systems
  • BEMS development and introduction
  • Data center construction
  • IoT equipment management
  • Cloud services

Staff Dispatch and Technical Support

Overview
Provides battle-ready engineers and support services to the construction and electrical works industries.
Competitiveness
Abundant roster of specialized engineers and training systems
Customers
  • Construction companies
  • Electric power companies
  • Manufacturing
  • Telecommunications operators
  • Government agencies
Products
  • Engineer dispatch
  • Construction management support
  • Technical training
  • Safety management guidance
  • Project management

Business Hotel Operations

Overview
Operates business hotels across Kyushu to meet regional lodging needs.
Competitiveness
Regionally rooted collaborative service provision
Customers
  • Business travelers
  • Tourists
  • Businesspeople
  • Training groups
  • Local residents
Products
  • Business hotel operations
  • Lodging services
  • Meeting room rentals
  • Regional collaboration events
  • Lodging plan development

Commercial Facility Operations

Overview
Contributes to regional revitalization through operations of commercial facilities like Bayside Place Hakata.
Competitiveness
Facility operation capabilities leveraging regional characteristics
Customers
  • General consumers
  • Tourists
  • Tenant businesses
  • Event organizers
  • Local communities
Products
  • Commercial facility management
  • Tenant attraction
  • Event planning and operations
  • Facility maintenance
  • Regional collaboration programs

Real Estate Management and Development

Overview
Engages in real estate rental management and development to support corporate value enhancement.
Competitiveness
Extensive local networks and real estate experience
Customers
  • Investors
  • Office users
  • Store operators
  • Management associations
  • Municipalities
Products
  • Real estate rental management
  • Asset management support
  • Property development planning
  • Lease management
  • Tenant management

Competitive Advantage

Strengths

  • Strong regional network in Kyushu
  • Integrated construction technology for electrical equipment and air conditioning ducts
  • Close collaboration with Kyushu Electric Power Group
  • Diversified business portfolio
  • Strong track record in public facility works
  • Expertise in environmental and energy-saving fields
  • Remote management technology incorporating ICT
  • Long years of construction management know-how
  • Robust training systems and talent development
  • Stable financial base

Competitive Advantages

  • Overwhelming recognition and trust in the Kyushu region
  • Comprehensive capabilities to handle electrical and air conditioning equipment together
  • Design and construction capabilities for regional energy centers
  • Equipment provision integrating information and communications technology
  • Stable project acquisition backed by major electric power group
  • Comprehensive services utilizing diverse affiliates
  • Continuity from long-term public project wins
  • Technological responsiveness to energy-saving and environmental measures
  • Customer responsiveness via Tokyo head office and nationwide bases
  • Reliability from Tokyo Stock Exchange Prime Market listing

Threats

  • Compliance risks such as public works bidding suspensions
  • Intensifying competition with other electric power group companies
  • Potential decline in construction capacity due to labor shortages in construction industry
  • Burden of delayed equipment investments or technology innovation responses
  • Risks of construction delays and cost increases from natural disasters
  • Impact of fluctuations in public investment due to economic conditions
  • Additional cost burdens from strengthened environmental regulations
  • Risk of declining competitiveness if lagging in DX

Innovations

2023: Establishment of Green Innovation Business Headquarters

Overview
Promotes research, development, and market deployment of environmentally considerate new technologies.
Impact
Contributes to increased energy-saving works orders

2024: Development and Introduction of Advanced BEMS Systems

Overview
Equips energy management systems with AI analysis for enhanced efficiency.
Impact
Improves customer energy cost reduction effects

2022: Remote Medical System Development

Overview
Strengthens design and construction of communication equipment for rural medical facilities.
Impact
Contributes to improved regional medical access

2023: Enhanced Biomass Power Generation Equipment Construction Technology

Overview
Strengthens construction technologies for low-environmental-impact power plants.
Impact
Successfully expanded biomass business orders

2021: Establishment of High-Efficiency Air Conditioning Equipment Construction Technology

Overview
Introduces installation methods for air conditioning equipment with enhanced energy savings.
Impact
Contributes to reducing running costs of buildings

Sustainability

  • Thorough environmentally considerate construction management
  • Enhanced support for energy-saving equipment introduction
  • Promotion of regional energy centers
  • Activities to improve waste recycling rates
  • Setting CO2 emission reduction targets
  • In-house environmental awareness programs
  • Promotion of green procurement
  • Reduction of transportation environmental impact via electric vehicles
  • Promotion of resource-saving construction at sites
  • Strengthened employee sustainability education