NIPPON COKE & ENGINEERING CO., LTD. (3315) Stock Price

Market cap
¥32B
P/E ratio
-5.9x
Manufactures and sells coke products to steel companies while operating fuel recycling, industrial equipment manufacturing, and logistics services in Japan.

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Business Overview

Japan Coke Industries' primary business is the manufacture and sale of coke. Coke and by-products produced at its Kitakyushu facility are sold directly to steel companies both domestically and internationally, as well as through affiliated companies such as Japan Coke Industries Tohoku Co., Ltd.

In its fuel and resource recycling business, the company sells general coal and petroleum coke imported from overseas to cement and paper manufacturers. The company also operates industrial waste disposal and recycling services, as well as call center operations.

In its comprehensive engineering business, the company sells powder and granule handling equipment and machinery manufactured at its Tochigi plant. Affiliated companies Ariake Kiden Kogyo Co., Ltd. and Suntech Co., Ltd. handle mechanical and electrical construction work, and also manufacture and repair industrial machinery.

In other operations, Miike Port Logistics Co., Ltd. provides port cargo handling and freight transportation services in the Omuta area. Japan Coke Industries also engages in development and leasing of company-owned land, as well as brokerage and real estate sales.

Management Policy

Japan Coke Industrial Co., Ltd. is pursuing several strategies to achieve sustainable growth. In its coke business, the company prioritizes strengthening safety and environmental considerations while maintaining stable operations. It also aims to secure domestic and international customers and enhance profitability. Additionally, the company is building supply systems for hydrogen and ammonia to develop new revenue streams.

In non-coke businesses, the company is expanding products that respond to customers' fuel conversion needs in its fuel and resource recycling operations. By effectively utilizing its own infrastructure, it aims to secure stable revenues through proper waste utilization and disposal. In its comprehensive engineering business, the company leverages powder processing technology to enhance product value and expand sales channels in overseas markets.

Japan Coke Industrial is actively advancing ESG management. The company aims to establish safety, environmental, and disaster prevention systems while working to preserve the global environment, including achieving carbon neutrality. It is also promoting respect for human rights and addressing diversity, while strengthening stakeholder communication to improve governance. Through these initiatives, the company contributes to realizing a sustainable society.

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