Greeting

Our company was established in 2006 through a merger between Fudo Construction Corporation, a company that developed comprehensive civil engineering businesses focused on ground improvement technologies, and Tetra Corporation, an offshore civil engineering company focused on wave-dissipating blocks. The three businesses of civil engineering, ground improvement and blocks and environment are coordinated under our corporate philosophy—our Mission to Contributing to the creation of a prosperous, safe, and secure land, our Value to marching on toward the future by always turning change into evolution, and our Vision to providing proprietary technologies that stand the test of time.

In addition to contributing to reconstruction and disaster prevention work for national land resilience during the previous Medium-Term Business Plan up to last year (FY2021–FY2023), we have also been making efforts toward expanding our business fields and realizing a sustainable society through activities such as launching full-scale operations of ICT technologies, accelerating decision-making of capital investments through renewal of the Machinery Center of the ground improvement business, integrating a subsidiary machinery division into our company, and launching operation of agrivoltaics.

We will start our new Medium-Term Business Plan (FY2024–FY2026) in fiscal 2024. This plan is the final step of the “harvesting and realization” phase toward achieving sales of at least 80 billion yen and achieving an operating income rate of at least 5% within a decade by fiscal 2027 while maintaining our profitability, which is the long-term goal we set in 2018. We will continue to balance growth investment and shareholder returns and promote human capital management in our efforts to establish ourselves as an attractive corporate group and further boost our corporate value.

Furthermore, we will seriously address societal demands that have become increasingly diversified in recent years, such as promoting carbon neutrality in response to climate change, developing technologies that contribute to disaster mitigation and energy transition, promoting DX in response to demographic changes, and cultivating a corporate culture that embraces diversity as we strive to be a sustainable and resilient company.

We thank you in advance for your continued support.

President