TOA CORPORATION

Information-Sharing and Coordination Meetings Among Independent Outside Parties

A governance practice in which independent outside parties, centered on outside directors and including outside Audit & Supervisory Board members and external accounting auditors, meet regularly to exchange information and coordinate. A theme focused on increasing the frequency of these meetings and strengthening oversight coordination among independent outside parties.

8companies8 threads

helps 8

FY2018 →

Building an Integrated Management Platform for Construction Sites

Continuously building a business platform to evolve into a field infrastructure company that supports the full range of construction operations by providing a suite of software centered on an app for construction sites and integrating equipment connectivity, AI and construction management.

6companies6 threads

helps 6

FY2020 →

Expansion of the Foundation Construction Business in ASEAN

An initiative to grow the overseas business in the ASEAN market, particularly Vietnam and Myanmar, by increasing orders for foundation construction projects and improving the operating rates of production facilities.

6companies8 threads

helps 8

Energy-efficient design technologies and their application to ZEB and ZEH-M design

Initiatives to research and roll out ZEB design for office buildings and factories and apply ZEH-M design to multi-unit housing, based on ZEB Planner registration and ZEB Ready certification. This covers the demonstration of energy-efficient design technologies and their expanded application to buildings.

6companies7 threads

helps 7

FY2021 →

Technology for Expanding Applications and Ensuring Stable Supply of Coal Ash-Based Blended Materials

An initiative to establish technologies for the manufacturing equipment, formulations, operational management and quality control of blended materials using coal ash, and to promote high-volume, stable supply and expanded applications. This includes expansion into IGCC slag, biomass ash and the blue carbon sector.

5companies6 threads

helps 6

Defective Workmanship and Data Falsification in Ground Improvement Works

A specific event involving defective workmanship in ground improvement works and the discovery of false and falsified reports, resulting in the establishment of an investigation committee, remediation of the defects, and recognition of related losses. The event covers the decline in credibility and losses caused by the defective workmanship, as well as the subsequent remediation measures.

5companies5 threads

hurts 5

FY2016 → FY2022

Improving the Profitability of Overseas Projects

4companies4 threads

helps 1 · hurts 3

Performance fluctuations driven by progress on large-scale construction projects in the Infrastructure segment

A theme in which the progress of large-scale construction projects and deteriorating profitability in the Infrastructure segment affect net sales and segment profit or loss, potentially leading to improved performance or losses.

4companies4 threads

helps 1 · hurts 1 · flat 2

FY2017-Q3 → FY2026

Expanding Orders for Expressway and ETC Infrastructure Construction

An initiative to expand domestic expressway and social infrastructure-related construction as a priority area for securing orders, including the development of next-generation ETC lanes and major expressway rehabilitation projects.

4companies5 threads

helps 4 · hurts 1

FY2016-Q3 →

Entry into the Construction Business for Wind-Power-Related Facilities

An initiative to newly enter the construction business for wind power-related facilities and capture facility construction as a revenue opportunity. Unlike the development of floating offshore wind technology or the operation of power generation assets, this concerns entry into the construction business itself.

4companies4 threads

helps 4

FY2020 → FY2020

Strengthening Organizational Checks Through a Review of HR Systems and Personnel Transfers

An initiative to strengthen organizational checks and prevent the recurrence of misconduct and deficiencies through a review of grading and compensation systems and personnel transfers to eliminate prolonged tenure within the same department.

Improving liquefaction-countermeasure technology through the PREM method

FY2017-Q2 → FY2017

A technology improvement project focused on revising mix-design testing methods and obtaining baseline data to enable the PREM construction method for liquefaction mitigation to be applied to construction soil with a high stone content.

Integrated Technology Development through the Technology Research and Development Center

FY2017 →

A theme focused on creating technological成果 across multiple fields, including CO₂ removal, fly ash concrete, insulation panels and on-site safety, by establishing and utilizing an integrated technology development framework spanning basic research through commercialization, centered on the Technology Research and Development Center.

Capturing Demand from US Military Base Relocation and Resort Development in Okinawa

An initiative to gather and analyze information on specific development and infrastructure demand taking shape in Okinawa, Kyushu, Kanto and Tohoku, including the relocation of US military airfields, the development of defense-related facilities and resort development in Okinawa, with the aim of expanding orders.

Mobile Production and Rollout of Recycled Aggregate Concrete

FY2016 → FY2026

An initiative to establish a mobile-plant manufacturing method for Re-Birth Concrete, which uses all concrete rubble as recycled aggregate, while reducing transportation, disposal, manufacturing losses and CO2 emissions and promoting wider adoption.

Preventing Recurrence by Strengthening the Review Framework for New Construction Methods and Technologies

FY2026 → FY2026

A time-sensitive initiative to prevent the recurrence of quality issues by establishing review procedures for new construction methods and technologies and creating a development technology review team to verify them when introduced.

Development of “Dust Watch,” an automatic dust-reduction technology

FY2017-Q2 → FY2017

Initiatives related to the joint development of “Dust Watch,” an environmental control technology that automatically reduces the generation and dispersal of dust.

Vessel Navigation Monitoring System Using AI Image Recognition

FY2016 → FY2017

Development and commercialization of a navigation monitoring system that detects and automatically tracks vessels using AI image recognition and displays their location information at close range. The system is characterized by detection within 500 m to supplement vessel radar and registration with NETIS, Japan’s New Technology Information System.

Wide-Area Communications-Based Man-Overboard Rescue and Location-Tracking System

FY2025 → FY2025

Development of a safety management and rescue-support system that combines man-overboard detection sensors, GNSS terminals and low-power wide-area (LPWA) communications to report incidents and track the locations of people who have fallen into the water across wide areas, including areas outside mobile phone coverage.

Development of a Stay-in-Place Formwork Construction Method Using Insulation Panels for Refrigerated and Frozen Warehouses

FY2025 → FY2025

Development of a construction method for refrigerated and frozen warehouses that uses insulation panels as both formwork and insulation during concrete placement, reducing labor through the elimination of formwork dismantling, shortening construction periods, and stabilizing quality.

Development of a Motion-Reduction Tank Method for Floating Caissons

FY2026 → FY2026

Development of a construction method that uses the movement of water in a tank on a floating caisson to suppress roll and pitch and reduce motion during construction. In addition to improving construction safety and productivity, the initiative aims to enable quantitative prediction of the motion-reduction effect.

Demonstration of an Exhaust-Gas CO2 Capture System for Work Vessels and Generators

FY2025 →

An initiative to demonstrate and bring to practical implementation an in-house-developed system that captures and removes CO2 from the exhaust gas of work vessels and large generators with low energy consumption.

Commercialization of Self-Compacting Concrete Using Locally Available Materials

FY2026 → FY2026

An initiative to develop self-compacting concrete using locally available materials under the name “SALSEC,” with the aim of reducing labor requirements during construction while curbing carbon dioxide emissions.

Support for Complex Construction Projects by TFT and Specialist Committees

FY2016 → FY2017

An initiative to enhance the ability to address technical challenges in construction by expanding the scope of projects covered by TFT activities and having specialist committees provide cross-project support for complex construction sites.

Implementation of the accounting standards for fair value measurement and related standards

FY2017-Q2 → FY2017

Contested

Companies in these themes point in more than one direction. The same force lifts one filer and costs another, and the split is the reading.

A theme involving the application of the Fair Value Measurement Accounting Standards, etc., and their continued use as new accounting policies. Although there is no impact on profit or loss, it addresses the application of standards governing fair value measurement and accounting disclosures.

Concentrated in Information and Communications・ Services and Others・ Retail・ Trading Companies and Wholesalelast written FY2023-Q4

2029companies2071 threads

helps 3 · hurts 6 · flat 2062

FY2020 →

Risk of COVID-19 impacts on business activities, supply chains, demand and financial performance

A business risk during a specific period in which the spread of COVID-19 directly affected the execution of individual businesses and performance, including delays in product shipments and failure to achieve business plans.

Concentrated in Information and Communications・ Services and Other・ Materials and Chemicals・ Electric Appliances and Precision Instrumentslast written FY2025

1282companies1308 threads

helps 6 · hurts 1294 · flat 8

FY2020-Q1 → FY2025

Improving capital efficiency and returning value to shareholders through share repurchases and cancellations, and capital policy

Ongoing initiatives concerning shareholder returns and capital allocation and policy through the acquisition of treasury shares.

Concentrated in Information & Communications・ Services and Other・ Materials & Chemicals・ Construction & Materialsgrowing faster than other themes

1129companies1161 threads

helps 1155 · hurts 3 · flat 3

Calculation of GHG emissions (Scope 1–3), setting reduction targets, and procuring renewable energy

An ongoing climate action theme focused on reducing greenhouse gas emissions, procuring renewable electricity, and achieving carbon neutrality.

Concentrated in Information & Communications・ Services and Other・ Materials & Chemicals・ Construction & Materialsgrowing faster than other themes

1082companies1147 threads

helps 1137 · hurts 9 · flat 1

FY2016-Q2 →

Broad

Themes almost every covered company sits in, where the direction is unanimous. The company list is the value here, not the direction — these are the ones worth scanning for who is missing.

Verification of the rationale for holding cross-shareholdings

A governance policy of holding strategic shareholdings to strengthen relationships and collaboration and enhance corporate value, with their rationale continuously reviewed by the board of directors and other bodies.

Concentrated in Information & Communications・ Services and Other; Materials and Chemicals; Retailgrowing faster than other themes

1371companies1375 threads

helps 719 · hurts 1 · flat 655

Medium- to Long-Term Incentives Through Equity Compensation Plans for Directors and Employees

A compensation plan that grants equity compensation, such as stock options and restricted shares, to executives to promote improved performance and corporate value over the medium to long term.

Concentrated in Information & Communications/Services and Other・ Retail・ Construction & Materialsgrowing faster than other themes

707companies730 threads

helps 730

Ensuring Fairness in the Nomination, Compensation and Development of Officers through a Nomination and Compensation Committee

A governance initiative that establishes a voluntary nomination and compensation committee to enhance the fairness, transparency and objectivity of procedures concerning the nomination, compensation and development of directors and other officers.

Concentrated in Information & Communications/Services and Other・ Retail・ Construction & Materialsmoving with the rest

700companies703 threads

helps 703

Risks from Legal, Political and Economic Conditions in Overseas Markets

The risk that changes in laws and regulations, or unforeseen political and economic developments, in the countries and regions where overseas operations are conducted may affect business activities and performance.

Concentrated in Information & Communication・ Services and Other・ Electrical Equipment & Precision Instruments・ Raw Materials & Chemicalsmoving with the rest

467companies473 threads

hurts 473