J-MAX Co.,Ltd. (3422) Stock Price

J-MAX manufactures automotive body press components, electrification press components, and precision press components. These products are primarily sold to Honda Motor Co., Ltd. and Topre Corporation. The company also manufactures equipment including press molds, welding fixtures, and inspection tools.

J-MAX's business is divided into three segments: automotive body press components, electrification press components, and precision press components. Automotive body press components represent the core business, where the company handles joint development with automakers through to production. Electrification press components are expected to drive future growth as demand for vehicle electrification expands.

In Thailand, J-MAX's subsidiary Thai Marujun Co., Ltd. manufactures automotive body press components and precision press components, supplying to Honda Automobile (Thailand) and Topre (Thailand). This strengthens the company's presence in the Asian market.

In Guangzhou, Guangzhou Marujun Automobile Parts Co., Ltd. manufactures automotive body press components and electrification press components, supplying to Guangqi Honda Automobile Co., Ltd. The company also provides equipment with painting lines, enhancing product value-added.

In Wuhan, Wuhan Marujun Automobile Parts Co., Ltd. manufactures automotive body press components and supplies to Dongfeng Honda Automobile Co., Ltd. This maintains the company's competitiveness in the Chinese market while pursuing further growth.

J-MAX pursues the satisfaction of its employees and local communities by refining its technological capabilities and providing superior products that customers demand. Under its medium-term management plan "J-VISION 30," the company has adopted the vision "Make our dreams by Technology" and aims to become a sustainable 100-year enterprise.

"J-VISION 30" promotes seven core strategies, including strengthening brand power, developing new customers, creating new products, and transforming processes through digital technology utilization. Through these initiatives, J-MAX aims to enhance corporate value and share its vision with stakeholders.

J-MAX positions the strengthening of existing operations and creation of new businesses as pillars of its growth strategy. In existing operations, the company is expanding production capacity for body parts and electrification components while pursuing new manufacturing approaches utilizing AI and IoT. The company is also advancing die technology to strengthen competitiveness.

In creating new businesses, J-MAX is accelerating research and development to pursue new products and businesses beyond the automotive sector. The company aims for sustainable growth through expansion into growing markets and strategic alliances and M&A activities. These efforts drive transformation of the business portfolio.

In response to the automotive industry's rapid shift toward electrification, J-MAX is advancing its "transition to an electrification supplier focused on electrification and weight reduction." The company is applying ultra-high-strength steel processing technology to electrification components and developing vehicle battery-related parts. J-MAX is also expanding its battery business in China.

Additionally, through business structure reform, J-MAX aims to build a sustainable corporate foundation. The company is strengthening its corporate structure by reducing fixed costs and responding to severe environmental changes, establishing a strong earnings structure. These efforts position the company to withstand significant production fluctuations.