Industry map/Construction & Real Estate

Plant Engineering & Building Services industry map

Who earns the money in Plant Engineering & Building Services, and who keeps it. When a company spans several industries, only the relevant segment is counted.

FY2025 · 148 companies · ¥14.5T

Industry map

Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.

Industry size (revenue)
¥14.5T

YoY +2.8%

Companies
148
Avg. salary(parent only)
¥7.3M

Avg. age 42.3

Industry weather
Sunny

Operating income +28.3%

Mitsubishi Heavy Industries[7011]

Plants and Infrastructure Systems

#1
Revenue
¥814.8B▲1.1%
Operating income
—

Whole company: Revenue ¥4.97T · Net income ¥332.1B

Avg. salary ¥10.7M · 42.3(parent only)

Kinden[1944]

#2▲
Revenue
¥750.7B▲6.5%
Operating income
¥90.3B▲48.0%

Margin 12.0%

Avg. salary ¥10M · 41.6(parent only)

Kandenko[1942]

ENGINEERING

#3▲
Revenue
¥731.6B▲10.7%
Operating income
¥80.7B▲43.1%

Margin 11.0%

Whole company: Revenue ¥742B · Net income ¥63.5B

Avg. salary ¥10.1M · 42.4(parent only)

JGC Holdings[1963]

Engineering

#4▼
Revenue
¥679.6B▼14.5%
Operating income
¥33.6BBack to profit

Margin 5.0%

Whole company: Revenue ¥745.3B · Net income ¥41.8B

Avg. salary ¥9.7M · 44.6(parent only)

COMSYS Holdings[1721]

Nippon COMSYS Group + 6 more

#5
Revenue
¥598.6B▲0.6%
Operating income
¥47.3B▲7.8%

Margin 7.9%

Whole company: Revenue ¥630.7B · Net income ¥36.3B

Avg. salary ¥9.6M · 50.2(parent only)

JFE Holdings[5411]

Engineering business

#6
Revenue
¥583.7B▲5.3%
Operating income
¥24B▲23.7%

Margin 4.1%

Whole company: Revenue ¥4.54T · Net income ¥70.2B

Avg. salary ¥12.3M · 48.0(parent only)

Kanadevia[7004]

Environmental systems

#7▲
Revenue
¥505.2B▲11.4%
Operating income
¥16.7B▼34.2%

Margin 3.3%

Whole company: Revenue ¥645.2B · Net income ¥11.1B

Avg. salary ¥8.3M · 43.9(parent only)

EXEO Group[1951]

Telecommunication + 1 more

#8▼
Revenue
¥504.1B▲7.2%
Operating income
¥39.8B▲17.0%

Margin 7.9%

Whole company: Revenue ¥787.7B · Net income ¥31B

Avg. salary ¥8.4M · 45.1(parent only)

Chiyoda[6366]

#9▼
Revenue
¥493.9B▲8.1%
Operating income
¥82.1B▲236.2%

Margin 16.6%

Avg. salary ¥10.8M · 42.3(parent only)

Mirait ONE[1417]

MIRAIT ONE + 4 more

#10▲
Revenue
¥468.3B▲8.3%
Operating income
¥29.7B▲26.0%

Margin 6.3%

Whole company: Revenue ¥602.4B · Net income ¥23.3B

Avg. salary ¥7.7M · 44.9(parent only)

Kraftia[1959]

Equipment installation

#11▼
Revenue
¥457.5B▲0.7%
Operating income
¥51.2B▲34.8%

Margin 11.2%

Whole company: Revenue ¥476.1B · Net income ¥40.1B

Avg. salary ¥7.6M · 38.9(parent only)

  • Kyushu Electric Power Company owns 22.6%

Takasago Thermal Engineering[1969]

Equipment work

#12▲
Revenue
¥415.4B▲11.2%
Operating income
¥46.8B▲47.4%

Margin 11.3%

Whole company: Revenue ¥423.9B · Net income ¥37.5B

Avg. salary ¥12.5M · 41.5(parent only)

※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.

Other companies: IHI · Nippon Steel · Sankyu · Taikisha · Dai-Dan · Toenec · Yurtec · Nippon Densetsu Kogyo · Sanki Engineering · Chudenko · Kobe Steel · Tosoh · Toyo Engineering · Raiznext · Azbil · Shin Nippon Air Technologies · Organo · Tsukishima Holdings · Kyushu Electric Power Company · Taihei Dengyo Kaisha · Takuma · Asahi Kogyosha · Techno Ryowa · Ebara · Mitsui E&S · Yondenko · Daiwa House Industry · Hibiya Engineering · Nichias · Tokyo Energy & Systems · Totech · Yashima Denki · Hokkaidenko · Nippon Rietec · Nippon Air Conditioning Services · Mitsubishi Kakoki Kaisha · taisei oncho · hokuriku electrical construction · Sanyo Engineering & Construction · Metawater …+96

The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).

Switch years to see how the map shifts

Who earns the money

Area = revenue from businesses in this industry. Color = operating margin.

LossHigh margin(middle = 0% margin)

Who makes a profit

Across = revenue (log scale), up = operating margin, bubble size = operating income.

Ranking and momentum

RankCompany (business)RevenueShareOp. marginCAGRFCF*
1Mitsubishi Heavy IndustriesPlants and Infrastructure Systems¥814.8B5.6%—+7.2%¥761.6B
2▲1Kinden¥750.7B5.2%12.0%+7.3%¥34.1B
3▲1KandenkoENGINEERING¥731.6B5.1%11.0%+10.8%¥73.7B
4▼2JGC HoldingsEngineering¥679.6B4.7%5.0%+15.8%¥62.2B
5COMSYS HoldingsNippon COMSYS Group + 6 more¥598.6B4.1%7.9%+1.0%¥28.9B
6JFE HoldingsEngineering business¥583.7B4.0%4.1%+4.1%—
7▲3KanadeviaEnvironmental systems¥505.2B3.5%3.3%+13.3%-¥13.6B
8▼1EXEO GroupTelecommunication + 1 more¥504.1B3.5%7.9%+3.5%¥20.5B
9▼1Chiyoda¥493.9B3.4%16.6%+12.3%¥23.8B
10▲1Mirait ONEMIRAIT ONE + 4 more¥468.3B3.2%6.3%+1.0%¥13B
11▼2KraftiaEquipment installation¥457.5B3.2%11.2%+5.9%¥7.5B
12▲1Takasago Thermal EngineeringEquipment work¥415.4B2.9%11.3%+8.8%¥24.7B
13▼1IHIResources, Energy and Environment¥373.5B2.6%1.6%+2.2%—
14Nippon SteelEngineering¥357.5B2.5%—+9.0%-¥146.2B
15SankyuPlant engineering and maintenance¥307.5B2.1%10.1%+6.1%¥33B
16▲1TaikishaEnvironment system + 1 more¥286.1B2.0%8.8%+8.1%¥62.6B
17▲1Dai-Dan¥256.2B1.8%13.5%+12.0%¥57.6B
18▲2ToenecEquipment installation¥255B1.8%10.0%+5.8%¥19B
19YurtecEquipment installation¥248.9B1.7%7.0%+2.9%¥1.07B
20▲1Nippon Densetsu Kogyo¥229.2B1.6%10.3%+7.2%¥4.11B
21▲1Sanki EngineeringBuilding equipment¥212.1B1.5%13.2%+8.1%¥11.1B
22▲1ChudenkoEquipment installation¥204.4B1.4%12.6%+4.7%¥24.6B
23▲1Kobe SteelEngineering¥191.5B1.3%6.6%+9.3%¥77.2B
24▲1TosohEngineering¥186.4B1.3%21.7%+12.5%¥44.7B
25▼9Toyo Engineering¥182.9B1.3%-10.4%-2.6%¥7.79B
26Raiznext¥174.5B1.2%8.4%+7.7%¥9.2B
27AzbilBuilding Automation Business¥156B1.1%18.5%+6.9%¥30.2B
28▲2Shin Nippon Air Technologies¥154.9B1.1%9.8%+9.8%¥10.7B
29▼1OrganoWater Treatment Engineering Business Unit¥152B1.1%22.6%+13.2%¥10.2B
30▼1Tsukishima HoldingsWater environmental business + 1 more¥148.3B1.0%6.7%+12.4%¥3.77B
31Kyushu Electric Power CompanyOther energy service business¥146.2B1.0%25.3%+17.3%¥72.5B
32▲1Taihei Dengyo KaishaMaintenance work department + 1 more¥141.7B1.0%13.5%+2.8%-¥6.79B
33▼1TakumaDomestic environment and energy + 2 more¥138.8B1.0%12.1%+4.2%¥23.3B
34▲4Asahi KogyoshaInstallation Work¥99.1B0.7%11.9%+11.9%¥8.76B
35▲5Techno Ryowa¥98.7B0.7%16.0%+14.8%¥11.5B
36▲1EbaraEnvironmental¥97.9B0.7%13.3%—-¥51.5B
37▲6Mitsui E&SPeripheral Businesses¥94.3B0.7%0.9%—¥19.3B
38▼3YondenkoEquipment work¥93.9B0.6%7.8%+2.1%¥1.97B
39Daiwa House IndustryEnvironment and Energy¥87B0.6%15.9%-8.9%-¥304.6B
40▲1Hibiya EngineeringConstruction¥86.3B0.6%11.7%+6.5%¥11.4B
41▲1NichiasEnergy and industrial plants¥79.5B0.5%15.1%+7.8%¥15.2B
42▲9Tokyo Energy & SystemsFacility and Equipment Work¥77.3B0.5%13.8%+1.9%¥3.82B
43▲5TotechEngineering¥76.2B0.5%—+18.5%¥3.28B
44▲2Yashima DenkiPublicFacility + 2 more¥74.6B0.5%13.8%+26.5%¥4.48B
45▼1Hokkaidenko¥72.4B0.5%6.9%+5.0%¥1.89B
46▲1Nippon RietecElectricity installation work business¥70.5B0.5%14.4%+8.8%¥3.13B
47▲2Nippon Air Conditioning Services¥69.2B0.5%6.9%+8.5%¥1.25B
48▲16Mitsubishi Kakoki KaishaEngineering Operations + 1 more¥64.1B0.4%5.9%+17.8%-¥2.9B
49▲1taisei onchoJapan + 2 more¥61.7B0.4%6.4%+5.9%¥9.13B
50▲4hokuriku electrical construction¥61B0.4%8.4%+7.4%¥39M

Showing the top 50. See all 148 in the list below

* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.

How they make money differently

Where each company's ¥100 of sales goes, and how much it keeps (company-wide).

  • Cost of sales
  • SG&A
  • Other
  • Operating profit

Showing the 25 largest companies by revenue.

Ownership links

From the major-shareholder section of annual securities reports.

The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted. Showing up to 24 shareholder cards.

Compare the leaders side by side

All companies in Plant Engineering & Building Services (by revenue)

All 149 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.

  1. Mitsubishi Heavy Industries¥814.8B
  2. Kinden¥750.7B · 12.0%
  3. Kandenko¥731.6B · 11.0%
  4. JGC Holdings¥679.6B · 5.0%
  5. COMSYS Holdings¥598.6B · 7.9%
  6. JFE Holdings¥583.7B · 4.1%
  7. Kanadevia¥505.2B · 3.3%
  8. EXEO Group¥504.1B · 7.9%
  9. Chiyoda¥493.9B · 16.6%
  10. Mirait ONE¥468.3B · 6.3%
  11. Kraftia¥457.5B · 11.2%
  12. Takasago Thermal Engineering¥415.4B · 11.3%
  13. IHI¥373.5B · 1.6%
  14. Nippon Steel¥357.5B
  15. Sankyu¥307.5B · 10.1%
  16. Taikisha¥286.1B · 8.8%
  17. Dai-Dan¥256.2B · 13.5%
  18. Toenec¥255B · 10.0%
  19. Yurtec¥248.9B · 7.0%
  20. Nippon Densetsu Kogyo¥229.2B · 10.3%
  21. Sanki Engineering¥212.1B · 13.2%
  22. Chudenko¥204.4B · 12.6%
  23. Kobe Steel¥191.5B · 6.6%
  24. Tosoh¥186.4B · 21.7%
  25. Toyo Engineering¥182.9B · -10.4%
  26. Raiznext¥174.5B · 8.4%
  27. Azbil¥156B · 18.5%
  28. Shin Nippon Air Technologies¥154.9B · 9.8%
  29. Organo¥152B · 22.6%
  30. Tsukishima Holdings¥148.3B · 6.7%
  31. Kyushu Electric Power Company¥146.2B · 25.3%
  32. Taihei Dengyo Kaisha¥141.7B · 13.5%
  33. Takuma¥138.8B · 12.1%
  34. Asahi Kogyosha¥99.1B · 11.9%
  35. Techno Ryowa¥98.7B · 16.0%
  36. Ebara¥97.9B · 13.3%
  37. Mitsui E&S¥94.3B · 0.9%
  38. Yondenko¥93.9B · 7.8%
  39. Daiwa House Industry¥87B · 15.9%
  40. Hibiya Engineering¥86.3B · 11.7%
  41. Nichias¥79.5B · 15.1%
  42. Tokyo Energy & Systems¥77.3B · 13.8%
  43. Totech¥76.2B
  44. Yashima Denki¥74.6B · 13.8%
  45. Hokkaidenko¥72.4B · 6.9%
  46. Nippon Rietec¥70.5B · 14.4%
  47. Nippon Air Conditioning Services¥69.2B · 6.9%
  48. Mitsubishi Kakoki Kaisha¥64.1B · 5.9%
  49. taisei oncho¥61.7B · 6.4%
  50. hokuriku electrical construction¥61B · 8.4%
  51. Sanyo Engineering & Construction¥60.5B · 5.6%
  52. Metawater¥58.5B · 7.8%
  53. Luckland¥56.6B · 7.1%
  54. Nomura Micro Science¥56.2B · 11.9%
  55. Japan Material¥56B · 27.9%
  56. Meidensha¥54.5B · 23.3%
  57. Meisei Industrial¥54.1B · 13.6%
  58. Yamato¥53.7B · 9.8%
  59. Takada¥53.7B · 3.3%
  60. Tohoku Electric Power Company¥52.3B · 30.5%
  61. Tanabe Engineering¥50.8B · 12.7%
  62. Nihon Dengi¥46.4B · 37.6%
  63. Shinagawa Refra¥45.7B · 5.9%
  64. Nippon Express Holdings¥45.1B · 11.8%
  65. Kyowanissei¥39.3B · 4.1%
  66. Fujii Sangyo¥38.5B · 6.3%
  67. The Kodensha¥35.5B · 15.3%
  68. West Holdings¥35.4B · 15.5%
  69. Sala¥35.3B · 9.8%
  70. TOKAI Holdings¥26.7B · 6.2%
  71. DKK¥25.4B · 9.4%
  72. Sinfonia Technology¥24.3B · 15.2%
  73. Sanki Service¥24.3B · 4.8%
  74. A&A Material¥22.6B · 5.9%
  75. Mikikogyo¥22.6B · 8.7%
  76. Ebara Jitsugyo¥22.4B · 19.3%
  77. TESS Holdings¥22.2B · 5.7%
  78. Fujita Engineering¥21.8B · 8.7%
  79. Tachibana Eletech¥21.7B · 4.3%
  80. Otec¥21.7B · 28.0%
  81. Mitani Sangyo¥20.5B · 11.3%
  82. Kimura Chemical Plants¥19.6B · 7.2%
  83. GreenEnergy & Company¥18.4B · 6.5%
  84. Kyokuto Kaihatsu Kogyo¥18.1B · 18.4%
  85. Shizuoka GAS¥16.2B · 5.3%
  86. Ainavo Holdings¥14.3B · 8.0%
  87. JESCO Holdings¥14.2B · 7.1%
  88. Chugai Ro¥13.5B · 12.4%
  89. Toyo Kanetsu¥12.8B · 7.8%
  90. Oi Electric¥12B · 3.3%
  91. Hibino¥11.6B · 8.8%
  92. Besterra¥10.8B · 20.0%
  93. ETS Group¥9.55B · 5.4%
  94. Japan Insulation¥9.28B · 18.0%
  95. Asahi Yukizai¥8.99B · 6.4%
  96. Akatsuki Eazima¥8.94B · 17.2%
  97. Sanixholdings¥8.75B · 0.5%
  98. Technologies¥8.71B · 21.3%
  99. Seiko¥8.71B · 7.3%
  100. Seiko Electric¥8.57B · 6.1%
  101. Nippon Soda¥8.52B · 13.4%
  102. Basis¥8.43B · 2.6%
  103. Tokuden¥8.13B · 14.0%
  104. AKIBA Holdings¥7.79B · 5.1%
  105. Nittoh¥7.74B · 5.2%
  106. Technoflex¥6.8B · 22.2%
  107. Kanda Tsushinki¥6.72B · 6.6%
  108. Japan Ecosystem¥6.5B · 12.3%
  109. Mansei¥6.44B · 7.5%
  110. Mino Ceramic¥6.43B · 11.4%
  111. Interlife Holdings¥6.29B · 10.6%
  112. CSS Holdings¥5.54B · 5.7%
  113. Yotai Refractories¥5.41B · 14.7%
  114. Meiji Machine¥5.05B · -3.3%
  115. The Okinawa Electric Power Company¥5.04B · 27.7%
  116. Sakai Moving Service¥4.98B · 12.8%
  117. Altech¥4.61B · 11.6%
  118. Forval RealStraight¥4.56B · 3.0%
  119. Showa Manufacturing¥4.53B · 10.4%
  120. Epco¥4.32B · 14.0%
  121. Nippon Crucible¥4.17B · 14.5%
  122. Soken Chemical & Engineering¥4.14B · 4.3%
  123. Cross E Holdings¥3.79B · 16.9%
  124. Carlit¥3.64B · 21.8%
  125. Nippon Carbide Industries¥3.64B · 6.4%
  126. Nagaoka International¥2.96B · 5.5%
  127. Hokuriku GAS¥2.74B · 10.3%
  128. Rasa¥2.6B · 6.3%
  129. Giken Holdings¥2.42B · 17.7%
  130. Daisan¥2.4B
  131. Kanto Denka Kogyo¥2.17B · 15.5%
  132. JRC¥2.14B · 9.2%
  133. TVE¥1.74B · 17.3%
  134. Hoshiiryo-Sanki¥1.72B · 16.1%
  135. Microwave Chemical¥1.61B · 11.7%
  136. ITO Yogyo¥1.52B · 8.1%
  137. Masaru¥1.48B · 4.7%
  138. Chubu Steel Plate¥1.47B · 4.5%
  139. Taiyo Kisokogyo¥939.3M · 7.8%
  140. Mitsubishi Paper Mills¥921M · 18.0%
  141. SDS Holdings¥896M · 13.6%
  142. Nissan Shatai¥872M · 2.5%
  143. Nankai Plywood¥523M · 9.9%
  144. Ohmori¥449.3M · 16.7%
  145. Prodelight¥343.1M · 8.2%
  146. Ef-On¥278M · 24.8%
  147. Komaihaltec¥190M · -315.3%
  148. Create¥110.9M · -9.0%
  149. Osaka Yuka Industry¥79.1M · -61.3%

Revenue · Op. margin

Related industries

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.