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Added to YB: 2026-07-03

Pitch date: 2026-07-01

5918.T [neutral]

The Takigami Steel Construction Co., Ltd.

-1.11%

current return

Author Info

Company Info

The Takigami Steel Construction Co., Ltd. designs, manufactures, and constructs bridges, steel frames, steel towers, and other steel structures primarily in Japan.

Market Cap

JPY 14.7B

Pitch Price

JPY 7.2K

Price Target

23.7K (+234%)

Dividend

N/A

EV/EBITDA

8.95

P/E

15.39

EV/Sales

0.51

Sector

Construction and Engineering

Category

value

Show full summary:
Two Near Net-Net Japanese Electrical Contractors at ~3.5x EV/EBIT with Industry Tailwinds - The Takigami Steel Construction Co., Ltd.

5918.T (hold): Japanese electrical contractor = value trap but cheap. ¥7,110 stock vs ¥23,691/share NCAV + securities + rental RE. NCAV+securities+RE +20% since writeup, share count -7% via buyback. Core biz marginally profitable; basket of securities/RE. Insiders bought activist block, cementing control. Illiquid, 1.4% yield. Holding, not adding.

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