Nishimatsu Construction Co Ltd: Segment Analysis

Nishimatsu Construction Co Ltd (Nishimatsu) is a provider of construction contracting and real estate services. It is involved in project planning, design, and construction of educational facilities, commercial buildings, airports, harbors, mountain tunnels, shield tunnels, dams, bridges, and underground structures. The company offers technologies for logistics facilities, urban redevelopment projects, and incineration plants.

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The company is engaged in different research and development activities and owns its Technology and Solution Research Institute in Japan. It makes an effort to cater to customer's needs by developing technological innovations and solutions. The company uses research and development in many different areas, including earthquake resistance and vibration control technology using large experimental facilities, survey and repair technology for aging social infrastructure facilities, and environmental restoration technology for the purification of air, soil, and groundwater. The company wants to develop technology, spread it both inside and beyond the organization and use technology to lead the business. It develops technology in civil engineering, building technology, and environmental technology. The Civil Engineering Group supports scientific inquiry and inventions that advance and build social capital. Concrete areas include manufacturing processes, technology renewal, and quality and durability enhancement. Construction management technology utilizing IT and liquefaction countermeasure technology in the ground field has solutions for efficient and safe building in the subterranean, as well as survey tools that can help with the geological disposal of radioactive waste. The company develops building technology to make buildings and constructions earthquake-resistant. Whereas the environment technology team deals with the development of renewable and energy-efficient technologies in construction that will lead to less CO2 production. The company reported research and development expenses of JPY1,844 million in FY2023.