First-corporation Inc. [1430.T]
TOKYO, May 19 (Pulse News Wire) – First-corporation Inc. (1430.T) disclosed additional details on its capital efficiency strategy, aiming to achieve sustainable growth through a hybrid model combining construction and real estate businesses.
The company outlined its vision, "First VISION 2031," which targets revenue of ¥50 billion by fiscal 2028 and maintains an operating profit margin of over 10%. First-corporation's approach involves leveraging its unique "Zouchuu method" and joint ventures to optimize capital efficiency while ensuring steady revenue growth. The firm plans to invest in human resources and digital transformation to enhance operational efficiency and boost profitability during Phase 1, setting the stage for accelerated growth in Phase 2.
In addition, the company highlighted its commitment to shareholder returns, maintaining a dividend payout ratio of at least 30%, with potential increases aligned with sustained earnings growth. First-corporation also emphasized its focus on improving price-to-book (P/B) ratios by consistently achieving return on equity (ROE) levels exceeding 10%. Founded in March 24, 2015, First-corporation has grown steadily, reaching a capital base of ¥100.0 billion as of May 2025.
With a workforce of 180 employees consolidated and 161 standalone staff members, the company continues to expand its operations across the Greater Tokyo Area.
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