NIPPON FELT CO.,LTD. (3512) Stock Price

Nippon Felt Co., Ltd. is primarily engaged in the manufacturing and sales of felts for paper and pulp applications, as well as industrial felts. The felt business is composed of six companies: Nippon Felt (the core company), Higashiyama Felt Co., Ltd., Nip Nuigissei Co., Ltd., Taiwan Hui Er De Co., Ltd., Nihui De Paper Machine Materials (Shanghai) Trading Co., Ltd., and NF Non-woven Co., Ltd.

Additionally, Nippon Felt operates a real estate leasing business. In this segment, the company leases portions of its headquarters building and other properties to tenants and real estate operators. This business provides a stable source of revenue.

Nippon Felt Co., Ltd. pursues growth guided by a corporate philosophy that combines "heritage preservation" with "new challenges." Under its medium-term management plan spanning fiscal 2023 through 2025, the company aims for growth across both its felt business and real estate rental operations.

In the felt business, the company is expanding its product lineup for household paper and paperboard machinery applications to increase market share domestically. The company also targets Asian markets, seeking to boost sales in China, Indonesia, and other regions, with particular focus on expanding sales in the high-growth Indian market.

In the real estate rental business, the company secures stable revenue through office buildings, nursing care facilities, and childcare centers while pursuing further revenue growth. By advancing development responsive to regional community needs and optimizing asset utilization, the company pursues sustainable growth.