CREATE CORPORATION【JP:3024】Stock Price

Create Co., Ltd. is a company primarily engaged in the sales of plumbing materials and equipment. The company operates through four consolidated subsidiaries: Daidre Co., Ltd., Daipolysystem Co., Ltd., Critech Co., Ltd., and Haneishi Co., Ltd. Create's main business involves selling plumbing materials and equipment such as pipes, fittings, and valves.

Daidre Co., Ltd. manufactures Touro-branded products including drainage fittings, drainage fixtures, and manholes. Create serves as the exclusive sales agent for these products. Additionally, Create operates a construction contracting business for installation-related projects and provides general transportation services through its logistics division.

Create's product lineup includes drainage and wastewater-related products such as threaded drainage pipe fittings and manhole covers; hot water and water supply products such as steel pipes and stainless steel pipes; and chemical products such as vinyl chloride pipes and fire-resistant vinyl pipes. The company also handles HVAC ducts and residential equipment fixtures.

Create Corporation has launched a medium-term management plan called "Vision 110" covering fiscal years 2024 through 2026, and is advancing its growth strategy. As part of this plan, the company aims to achieve its first operating profit of 1 billion yen in fiscal year 2026. Additionally, to enhance corporate value and ensure sustainable growth, Create is building the foundation for the next growth stage.

Create is focused on stable revenue expansion and improved profitability, with emphasis on ROE (return on equity). To ensure financial soundness, the company is optimizing its cash conversion cycle, controlling its balance sheet, and working to improve its equity ratio. Through these efforts, Create aims to realize capital-efficient management and eliminate its PBR discount below 1.0x.

"Vision 110" encompasses five core strategies: financial and capital strategy, sales and manufacturing strategy, logistics strategy, human capital management and HR strategy, strengthened corporate governance, and sustainability-focused management. Through these strategies, Create pursues sustainable growth and conducts business activities that meet the trust and expectations of all stakeholders.