1810.T
Strong BuyUnloved QualityAI neutralMatsui Construction Co., Ltd. · Industrials · Japan · $264M
JPY 1,366 -1.4% · close 8 Oct · scored 9 Oct
Unloved Quality: Strong and cheap; the market has not turned yet.
As of 9 Oct 2026, MoatMap's StockRank for Matsui Construction Co., Ltd. (1810.T) is 92/100: Quality 64, Value 90, Momentum 39, ranked against 24,000+ stocks in 35 markets.
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Matsui Construction is a mid-sized Japanese general contractor known for temple, shrine and commercial building work. The shares look cheap on book value and earnings, but contracting is a low-margin, cyclical business with little pricing power, and there is limited public information pointing to a change in its returns.
ABOUT MATSUI CONSTRUCTION CO., LTD.
Read
Matsui Construction Co., Ltd. is a Japanese general contractor specializing in architectural design and construction, including commercial, residential, and civil engineering projects. The company distinguishes itself with a strong historical focus and expertise in traditional Japanese wooden structures, temples, and shrines. This niche specialization provides a significant competitive moat in a culturally significant and technically demanding segment of the construction industry.
FINANCIAL SUMMARY (JPY)
| Year | 2022 | 2023 | 2024 | 2025 | 2026 | CAGR | TTM |
|---|---|---|---|---|---|---|---|
| Revenue | — | 88.7B | 97.0B | 99.3B | 96.0B | 2.7% | 94.0B |
| EPS (JPY) | 58.93 | 57.50 | 39.85 | 94.32 | 152.52 | 26.8% | 152.31 |
| Shares | — | 29.5M | 29.0M | 28.7M | 28.5M | -3.2% | 28.5M |
| Debt | — | 0 | 5.0B | 3.0B | — | -40.0% | — |
| Equity | — | 44.2B | 47.6B | 50.6B | 57.0B | 8.9% | — |
| Op CF | — | 7.2B | -16.2B | 7.6B | 9.2B | 8.7% | 9.0B |
| Inv CF | — | -543.0M | -18.0M | -177.0M | -669.0M | — | — |
| Fin CF | — | -923.0M | 3.8B | -3.1B | -5.1B | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 70% of stocks we rank over the past year (31% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 1810.T are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 1810.T | Matsui Construction Co., Ltd.(you) | $264M | 92 | Strong Buy |
| 1930.T | Hokuriku Electrical Construction Co.,Ltd. | $282M | 89 | Strong Buy |
| 9622.T | Space Co.,Ltd. | $225M | 91 | Strong Buy |
| 2153.T | E J Holdings Inc. | $210M | 94 | Strong Buy |
| 1827.T | Nakano Corporation | $306M | 97 | Strong Buy |
| 1929.T | Nittoc Construction Co., Ltd. | $328M | 87 | Strong Buy |
| 1828.T | Tanabe Engineering Corporation | $163M | 92 | Strong Buy |
| 1938.T | Nippon Rietec Co.,Ltd. | $414M | 87 | Strong Buy |
| 256A.T | TOBISHIMA HOLDINGS Inc. | $262M | 77 | Buy |
| 1960.T | Sanyo Engineering & Construction Inc. | $166M | 100 | Strong Buy |
Peer medians: ROE 9.8% · P/E 13.5x · Gross margin 24.9%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.