TANABE ENGINEERING CORPORATION (1828) Stock Price

Tanabe Industrial operates a diverse range of businesses, primarily centered on equipment engineering and construction services. Within Japan, the company handles industrial plant equipment construction, equipment maintenance, electrical instrumentation work, mechatronics, power transmission line construction, and piping work. These operations serve multiple sectors including chemicals, pharmaceuticals, food production, and public facilities, providing equipment design, construction, and maintenance services.

Internationally, Tanabe Industrial operates equipment engineering businesses primarily in Singapore and Malaysia. Tanabe Engineering Singapore and Tanabe Technical Services Malaysia each conduct plant equipment design, construction, and maintenance in their respective countries. Additionally, Tanabe Engineering Asia operates similar services in Thailand.

The company also operates a surface treatment business in Thailand through Tanabe Thailand, which provides surface treatment technology. Tanabe Thailand additionally engages in mechatronics, offering mechanical equipment design and manufacturing services.

As an additional business line, Tanabe Industrial manufactures and sells industrial furnaces for casting. However, this business is scheduled to be discontinued as of December 31, 2025. This transition is expected to allow the company to restructure its business strategy and focus on new growth areas.

Tanabe Engineering's management philosophy is to "deliver kind and precise work that brings satisfaction to customers, employees, shareholders, business partners, and society." The company aims to contribute to social development through technology. As a basic policy, Tanabe Engineering handles everything from planning to maintenance of manufacturing and infrastructure equipment, and seeks to enhance corporate value through strengthened technological and comprehensive capabilities.

To address uncertain economic conditions both domestically and internationally, Tanabe Engineering has formulated its medium-term management plan "TRY2030." Under this plan, the company targets consolidated net sales of 70 billion yen, an operating profit margin of 8% or higher, and ROE of 12% or higher by 2030. The growth strategy focuses on evolving domestic operations, revitalizing overseas operations, and exploring new businesses, with the aim of becoming a company that contributes to realizing a sustainable society.

In domestic operations, the company is expanding large-scale, high-level EPC projects and broadening its geographic reach and business domains. Particularly in the mechatronics division, the company is strengthening development of customized automated machinery and production systems utilizing robots, targeting steady growth. This effort aims to establish a stable revenue base.

For overseas business revitalization, the company operates primarily in Thailand, Singapore, and Malaysia. In Thailand specifically, it has installed new production lines to capture surface treatment demand for electronic components driven by EV adoption. The company is also advancing market development from its Bangkok Business Center as a base, aiming to create group synergies.

In exploring new businesses, the company focuses on developing original products, offering solutions such as AGVs and pharmaceutical liquid filling robot cells. Additionally, the company is building new business models leveraging digital technology and has established a Product Development Division to drive development of products and solutions that meet market needs.

As an organizational strategy, the company is strengthening its human resources foundation and corporate governance framework while pursuing efficient work practices. The company is also addressing ESG considerations and strengthening its financial base, aiming to balance the realization of a sustainable society with the company's sustained growth.