DaikyoNishikawa Corporation (4246) Stock Price

Daikyō Nishikawa is a company primarily engaged in the manufacturing and sales of automotive parts, operating both domestically and internationally. The company forms a group that includes 14 consolidated subsidiaries and 1 affiliated company. It procures raw materials from trading companies and manufacturers, manufactures automotive and housing components, and sells them to automotive and housing equipment manufacturers.

The company's business segments are divided into four regions: Japan, Central America and North America, ASEAN, and China and Korea. In Japan, the company operates automotive parts, housing components, and support service businesses, providing different products and services across each segment. In the automotive parts business, it manufactures products such as instrument panels and bumpers.

The company also operates automotive parts businesses in Central America, North America, ASEAN, and China and Korea. For example, in Mexico and the United States, Daikyō Nishikawa Mexicana and Daikyō Nishikawa USA handle the manufacturing and sales of automotive plastic components. In the ASEAN region, the company conducts manufacturing and sales operations in Thailand and Indonesia.

As a proposal-based comprehensive plastic manufacturer, the company handles everything from product development to quality assurance. It proposes new products through material development and the development of new manufacturing methods and equipment. Its strength lies in possessing diverse production technologies, enabling it to respond to high-mix, low-volume production and strict delivery schedules.

The company also aims to provide higher value-added products by leveraging plastic characteristics, focusing on functionality, safety, strength, durability, and environmental considerations. It continuously pursues new discoveries and possibilities, developing and proposing lightweight products with high processing flexibility.

Daikyō Nishikawa aims to realize a sustainable society through resin products and has established the long-term vision "Vision 2040." Under this vision, the company seeks to establish a circular cycle for resin and expand product offerings into new markets. The company also aims to enhance employee engagement so that all employees take pride in the organization.

The company's medium-term management plan, with fiscal year 2027 as the final year, focuses on creating models of products that realize a circular cycle for resin, implementing marketing to double the number of business partners, and establishing a workplace environment where employees can maximize their capabilities. Through these efforts, the company aims to achieve sustainable growth.

Daikyō Nishikawa is advancing its management strategy based on four pillars: customer strategy, product strategy, manufacturing strategy, and management foundation strategy. Specifically, the company is pursuing new market development through resin products, strengthening sales functions, establishing quality management systems for next-generation products, and reforming business processes through digital technology.

The company has set medium-term management targets of consolidated net sales of 180 billion yen, operating profit margin of 7%, and ROE of 9%. The company has also established carbon neutrality and diversity and inclusion (D&I) promotion as sustainability-related KPIs. Through these initiatives, the company aims to achieve both sustainable growth and social contribution.