• Facebook
  • Twitter


5070 東証グロース(建設業)




(公開日 2021.10.22)


DRAFT(5070 TSE Growth)

English Summary (PDF)

+English Summary on This Page

Design company that handles designing of offices and stores, environment designing of retail facilities and buildings, and other operations

1. Corporate Overview
DRAFT is a design company that handles designing of offices and stores, environment designing of buildings, and other operations. In particular, the company has cultivated the field of office designing and is considered to be a pioneer by those in the industry.

2. Financial Analysis
From the fiscal year ended March 2015 to the fiscal year ended March 2020, the number and size of projects it handles has expanded, leading to an increase in net sales at a pace of 23.5% per year. On the other hand, due to the increase in costs for strengthening management structure, changes in accounting treatments and other factors, it recorded ordinary losses for the fiscal year ended March 2015 and the fiscal year ended March 2017, but has since recorded continuous increases in ordinary profit.
When comparing the company with listed companies that handle the designing of offices, commercial complexes, etc., the company has high ROE due to high operating profit margin and high financial leverage.

3. Non-Financial Analysis
The sources of intellectual capital of the company are the concepts of Taiju Yamashita, the founder and representative director of the company, and the company’s organizational structure that enables designers to concentrate on designing operations.

4. Corporate Strategy Analysis
As for issues that should be addressed, the company needs to respond to the societal changes due to the COVID-19 pandemic, secure and cultivate personnel, evolve its operational structure and its handling of bigger projects.
The company’s policy is to continue to secure personnel, expand its base of operations and streamline operations with the use of digital technologies in order to accelerate its growth. For the medium to long term, it plans to enrich its branding services, which is a peripheral field to design.

5. Analyst Evaluation
The Stock Research Center highly evaluates the point that the company has established a structure that divides labor according to function and enables designers to concentrate on designing operations. The company could launch a new concept in the future, and the Stock Research Center would like to keep our eyes on the details and how the company deploys the concept.












  • Google play
  • App Store