COMPANY PROFILE -Taisei Corporation
Business Sector :Construction
Operating Geography :Japan, Asia, Global
About Taisei Corporation :
Taisei Corporation engages in the civil engineering, construction, and real estate development businesses in Japan and internationally. The company is involved in the construction of infrastructure projects, such as tunnels, bridges, roads, and dams, as well as builds social infrastructures that support citizen’s lives and industries. It also constructs and renovates airports, office buildings, commercial facilities, factories, and hospitals. In addition, the company is involved in the redevelopment projects, PFI projects, property management, and condominium sales projects; and purchase, sale, and rental of land and office buildings. Further, it engages in the research and development and engineering technologies; housing; and leisure businesses. The company was formerly known as Nippon Doboku Corporation and changed its name to Taisei Corporation in 1946. Taisei Corporation was founded in 1873 and is headquartered in Tokyo, Japan. As of March 31st 2021, it has 8,572 employees in 45 domestic sales offices.
Taisei Corporation unique selling proposition lies in one of the leading construction companies in Japan. Taisei Corporation mission statement reads, “To create a vibrant environment for all members of society. We seek in an environmentally sustainable manner to create safe and attractive spaces with exceptional value and to create a global community filled with hopes and dreams for the benefit of future generations.”
Taisei Corporation Revenue :
¥1,480,141 million - FY ending 31st March 2021 (y-o-y growth of -15.5%)
¥1,751,331 million - FY ending 31st March 2020 (y-o-y growth of +6.1%)
Competitive Analysis of Taisei Corporation
The SWOT analysis for Taisei Corporation is presented below in a matrix followed by the detailed analysis report:
Strengths | Weaknesses |
1. Robust abilities to tackle challenging situations
2. Cultivating and harnessing new technologies right from its inception
3. Strong financial growth from past 11 years
4. Diversified target fields apart from the core business
5. Work site capabilities and rich work culture | 1. Issues related to labour and worksite safety and commitment |
Opportunities | Threats |
1. Opportunities to receive orders being an established brand name in the industry
2. Development of next generation technologies, creating a point of differentiation
3. Increasing amount of work on energy field projects such as restarts of nuclear and thermal power plants | 1. Losing opportunities to receive orders due to occurrence of work-related accidents
2. Changing scenarios in construction industry amidst pandemic |
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Detailed SWOT Analysis of Taisei Corporation
Strength
1 Robust abilities to tackle challenging situations: Since its foundation, the Taisei Group has been boldly facing challenging situations, such as completion of Japan’s first subway line, which went from Ueno to Asakusa in Tokyo and constructed solely with the expertise of Japanese engineers, with the aim of contributing to the development of safe and secure today. Many more of such challenges has helped Taisei Corporation become one of the top four construction companies in Japan and also being the first company in the construction industry to list shares on the stock exchange, it continues to tackle challenges. Tokyo International Airport, first hybrid structure combining a reclaimed land portion with a jetty portion or Bosphorus Strait Crossing Railway Tunnel, Turkey, constructed by the immersed tunnel method are examples of tackling challenges with perfection.
2. Cultivating and harnessing new technologies right from its inception: Improving Quality and Work site efficiency by using new technologies and distributing or offering a vision of future construction through technological innovation is one of the main goals of the company. They have and are developing ground breaking new technologies and construction methods in the building construction and civil engineering business. Zero Energy Buildings (ZEB), tsunami wave making systems, seismic testers etc. are some of the ongoing projects taken up by the corporation. Research is also being conducted in fields of hydraulic engineering, automation, robot utilisation and analysis technologies such as ICT/ IoT and AI- based technologies. The company has been keen on enhancing its technological capabilities and comprehensive strengths. It has participated in a chain on national projects since its inception. The completion of Japan National stadium in 2019 was the latest.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
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Opportunity
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Threat
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The PESTLE analysis for Taisei Corporation is presented below in a table followed by the detailed analysis report.
Political | Economical |
1. Involvement in the construction of Central Expressway project by Sri Lankan government to improve ties
2. Bid rigging controversy in maglev project | 1. Labour shortage affecting Japan's construction industry |
Social | Technological |
1. Ensuring Quality and Improving Customer Satisfaction
2. Improving health and safety standards | 1. T-Mark.Navi: Energy-saving and Labour-saving
2. New Experimental Facilities under Taisei Technology Center
3. Implementing zero-energy balance (ZEB) Models
4. Taisei I-innovation initiative for sustainability by leveraging technology |
Legal | Environmental |
1. Verification and Compliance with Rules and Regulations
2. Practicing Intellectual Property Policy and Intellectual Property Strategy
| 1. Mitigating and adapting to climate change
2. Conserving Biodiversity through various initiatives
3. Reducing environmental impact in supply chain |
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Detailed Pestle Analysis of Taisei Corporation
Political
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Economic
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Social
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Technological
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Legal
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Environmental
1. Mitigating and adapting to climate change: Approximately 40% of Earth’s material sources and 30% of its energy is consumed by construction sites. Construction professionals and governments have taken an initiative of Sustainable Construction or Green Buildings to reduce the negative impact on the environment. In FY2020, Taisei Corporation was recognized by CDP on its “A List,” which evaluates initiatives by companies to address climate change. This is the highest of eight levels on the evaluation, and, of 500 Japanese companies surveyed, 22 received recognition. Taisei Corporation is working to reduce the estimated CO2 emissions at the stage of building operations by promoting ZEB and implementing environmentally friendly designs. They have also set intensity targets (emissions per construction turnover) for CO2 emissions at the construction stage, and all construction sites throughout Japan are striving to reduce environmental impact and CO2 emissions during construction. Under the group philosophy of “To Create a Vibrant Environment for All Members of Society”, Taisei continues to make group-wide efforts for “realizing a sustainable and environmentally conscious society” as outlined in its environmental policy.
The remaining section under "Environment" is available only in the 'Complete Report' on purchase.
Taisei Corporation SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
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References used in Taisei Corporation SWOT & PESTLE Analysis Report
1. First reported death in Tokyo 2020 Olympics site |BWI Home - https://www.bwint.org/cms/news-72/first-reported-death-in-tokyo-2020-olympics-site-780
2. Financial Results for the fiscal year ended March 2021 - https://ssl4.eir-parts.net/doc/1801/ir_material_for_fiscal_ym3/99550/00.pdf
3. Death by Overwork Casts Shadow Over Tokyo Olympics Stadium – Bloomberg - https://www.bloomberg.com/news/articles/2017-10-11/death-by-overwork-casts-shadow-over-tokyo-olympics-construction
4. UPDATE 1-Taisei shares fall 4 pct after report on maglev project bid | Reuters - https://www.reuters.com/article/japan-railway-probe/update-1-taisei-shares-fall-4-pct-after-report-on-maglev-project-bid-idUSL4N1OK075
5. Taisei Corporation Listed on “CDP’s Climate Change A List 2020” for Most Pioneering Environmental Performance | IR News | TAISEI CORPORATION - https://www.taisei.co.jp/english/ir/news/2020/20201209_release.html
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