Rasa Industries,Ltd.【JP:4022】Stock Price

Rasa Industries operates four main business segments: chemical products, machinery, electronic materials, and other operations.

In the chemical products segment, the company manufactures and sells phosphoric acid, phosphorus-based secondary salts, water treatment coagulants, high-purity specialty chemicals for the electronics industry, and deodorizing and antimicrobial agents. Subsidiaries Rasa Koei Co., Ltd. and Li Sheng Precision Technology Co., Ltd. also participate in manufacturing and selling related products.

The machinery segment manufactures and sells tunneling machines, crushing-related equipment, and urban waste and industrial waste processing machinery. The company also handles precision machining services, specialty screen sales, and cast steel product manufacturing and sales. Cast steel products are manufactured by subsidiary Rasa Steel Co., Ltd.

The electronic materials segment manufactures and sells high-purity inorganic materials, coating agents, and radioactive iodine adsorbents. Li Sheng Precision Technology Co., Ltd. handles partial sales of coating agents.

Other operations include catalyst regeneration processing for petroleum refining and real estate leasing. These operations support Rasa Industries' diversified business portfolio.

Rasa Industries upholds the corporate philosophy of "creating new value through manufacturing and contributing to a prosperous society by valuing trust and integrity." Under this philosophy, the company supplies basic materials, machinery equipment, and recycling services, contributing to industrial growth and advancement. Rasa Industries aims to support industrial innovation and contribute to societal development.

Rasa Industries' medium-term management strategy focuses on product development in three key areas: "electronics," "fine chemicals," and "recycling." In electronics, the company handles high-purity phosphoric acid and inorganic materials. In fine chemicals, it produces materials for optical lenses and radioactive iodine adsorbents. In recycling, it manages etching solution regeneration.

Rasa Industries has formulated the long-term vision "Rasa Vision 2033," advancing its growth strategy on two pillars: "enhancing corporate value and pursuing sustainable growth" and "realizing a sustainable future." The three-year plan "Medium-Term Management Plan 2026" beginning in fiscal 2024 adopts optimal allocation of management resources and strengthened profitability as its basic policy, targeting improved corporate value.

Specific initiatives include strengthening core business profitability, creating new businesses, enhancing human resources strategy, addressing climate change, building a circular economy, maintaining safe operations, strengthening management controls, and improving shareholder returns. Through these measures, the company aims to achieve sustainable growth and contribute to society.

Rasa Industries targets consolidated net sales of 52 billion yen, consolidated operating profit of 4.8 billion yen, ROE of 10%, ROIC of 9%, and a dividend payout ratio of 30% or higher by fiscal 2026. To achieve these targets, the company is focusing on optimal allocation of management resources and creation of new businesses to enhance corporate value.