Maruo Calcium Co., Ltd. (4102) Stock Price

Market cap
¥3.4B
P/E ratio
20.9x
Maruo Calcium manufactures and sells calcium carbonate products for synthetic resins, coatings, rubber, chemicals, and food industries through its global network.

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Business Overview

Maruo Calcium manufactures and sells various calcium carbonate products for use in synthetic resins, coatings, rubber reinforcement fillers, chemicals, food additives, and other applications. The company primarily handles precipitated calcium carbonate and ground calcium carbonate, which are utilized across diverse industries.

Maruo Calcium manufactures and sells ground calcium carbonate through its subsidiaries Kyushu Calcium Co., Ltd. and Maruo (Shanghai) Trading Co., Ltd. The company also procures ground calcium carbonate from China Mining Co., Ltd. for resale. This approach has established a stable supply system.

Additionally, Maruo Calcium purchases inorganic chemicals such as talc and silica from sources outside its affiliated companies and sells them together with Maruo (Shanghai) Trading Co., Ltd. This expands the product lineup and meets diverse customer needs.

Dongguan Lixuanna Nano Technology Co., Ltd. passed a resolution for dissolution in November 2023 and is currently undergoing liquidation procedures. This action is considered part of efforts to improve operational efficiency and optimize resource allocation.

Management Policy

Since its founding in 1926, Maruo Calcium has created new value in calcium carbonate and contributed to society through honest manufacturing, guided by its corporate principles of "Creation, Harmony, and Integrity." The company is committed to maintaining and enhancing corporate value by prioritizing honest manufacturing and a spirit of challenge.

Toward realizing a sustainable society, Maruo Calcium has set an 8% ROE as its medium- to long-term management target and continues to invest in both "people" and "products." Through this approach, the company aims to build a prosperous society while placing emphasis on dialogue with stakeholders.

Maruo Calcium is advancing the review of production systems utilizing AI and the evolution of calcination technology to achieve carbon neutrality. These initiatives aim to improve profitability, reduce production costs, and establish sustainable manufacturing practices.

The company also pursues management with awareness of capital costs and stock price through M&A and partnerships to develop new markets and applications. By collaborating with domestic and international companies, Maruo Calcium seeks to expand its business.

Furthermore, Maruo Calcium aims to become "a company where people enjoy working" by fostering a culture that respects diversity. By valuing challenge and supporting colleagues, the company leverages employee insights and pursues management centered on teamwork.

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