Rasa CorporationJP:3023Stock Price

Market cap
¥22.6B
P/E ratio
10.6x
Rasa Shoji imports and sells mineral materials like zircon sand, industrial machinery, environmental equipment, and chemicals to diverse industries across Japan.

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Business Overview

Rasa Shoji operates in the resources and metal materials sector, handling the import, export, and sales of mineral products, primarily zircon sand. Zircon sand is widely used as a raw material for refractory and ceramic products. Rasa Shoji holds an exclusive sales agency agreement with Ilka Corporation for Japan. The company is also expanding imports of titanium-related materials and alumina.

In the industrial and construction machinery business, Rasa Shoji sells and maintains flow conveyance equipment. Warman pumps are notable for their long service life and ease of maintenance. In the construction machinery sector, the company handles sales and rental of small construction equipment and shield tunneling machines.

In the environmental equipment business, Rasa Shoji imports high-performance high-pressure pumps for use in biogas power generation and industrial waste treatment. The company also sells and retrofits water-granulated slag manufacturing equipment called the "Rasa System," contributing to resource recycling.

In the chemical products business, Rasa Shoji supplies synthetic resins and chemical products to the automotive, building materials, and electronics industries. The company serves diverse sectors with a broad product lineup.

In the plant and equipment construction business, Rasa Shoji provides design, construction, and maintenance services for oil refining and gas-related plants. The company has particular expertise in piping work and delivers high-quality, cost-effective construction services.

In the real estate rental business, Rasa Shoji leverages urban properties to generate stable rental income from quality tenants.

Management Policy

Rasa Shoji has announced its medium-term management plan "Step Forward Rasa 2027," with the fiscal year ending March 2028 as the final year, aiming for sustainable growth. The plan targets revenue of 31.5 billion yen, operating profit of 2.9 billion yen, ordinary profit of 3.15 billion yen, and net profit of 2.3 billion yen. As a company creating added value that supports social infrastructure, Rasa Shoji is taking a step toward a new stage while working to enhance corporate value.

Rasa Shoji's growth strategy is based on three priority initiatives. First, it will strengthen efforts in new and growth fields, expanding into new markets beyond the stable growth of existing businesses. Second, it will deepen its presence in existing domains, improving operational efficiency and profitability. Third, it will promote sustainability management through business activities, contributing to the realization of a sustainable society.

Rasa Shoji operates six business divisions—resources and metal materials, industrial and construction machinery, environmental equipment, chemical products, plant and equipment construction, and real estate leasing—to expand revenues. In particular, it will focus on stable supply of zircon sand and development of new resource-related materials to strengthen competitiveness in global markets.

Additionally, Rasa Shoji has established strengthening corporate governance, strategic allocation of management resources, human resource development, and reinforcement of its financial foundation as core management principles. Through these measures, the company will ensure rigorous risk management and compliance, improve operational efficiency, and achieve sustainable growth.