5921 Kawagishi Bridge Works
- Japan Guru

- Aug 11, 2025
- 1 min read
Specializing in steel frames, growing through steel equipment construction such as blast furnaces, and also achieving a strong track record for skyscrapers. Expanding into PC products. Good balance sheet

"Kawagishi Bridge Works (TYO 5921) is a deep value double net net (MCAP $62.5m NCAV $123m) Construction Steel Producer @ 8.3x P/E
Biz valued at -$60m
P/BV: 0.34x
3.17% Dividend
Tangible Book CAGR 10yr 5.46%
New President & Rep Director Last Month"
https://x.com/AltayCapital/status/1730077528889729230
https://altaycap.substack.com/p/kawagishi-bridge-works-tyo-5921-a?utm_source=publication-search