NAKAYAMA STEEL WORKS, LTD. (5408) Stock Price

Nakayama Steel Works is a company primarily engaged in the manufacturing and sale of steel products. The company's operations are divided into three main business segments. First, in the Steel segment, the company manufactures and sells steel products. Nakayama Steel Works' steel division serves as the core operation, with consolidated subsidiary Misuzu Shear Co., Ltd. and affiliated company Nippon Steel Bolten Co., Ltd. also participating in manufacturing and sales.

The company's product transportation is primarily handled by consolidated subsidiary Sansei Shipping Co., Ltd. Some products are sold through consolidated subsidiaries Nakayama Tsusho Co., Ltd. and Sansei Shoji Co., Ltd. Additionally, the company sells steel materials to Hanwa Co., Ltd., a major shareholder, and purchases steel ingots, which serve as raw materials for steel products.

Second, in the Engineering segment, the company manufactures and sells steel artificial reefs, rolls, and provides machinery processing and assembly services. Through these operations, the company leverages its technical expertise in business areas beyond steel.

Finally, in the Real Estate segment, the company engages in real estate leasing and sales. Nakayama Steel Works' real estate division serves as the core operation, with consolidated subsidiary Nakayama Kozan Co., Ltd. conducting real estate transactions, brokerage, and other service businesses. This establishes a stable revenue base.

Nakayama Steel Works is pursuing sustainable growth with a long-term vision through 2030. This vision prioritizes achieving carbon neutrality and strengthening electric arc furnace production capacity to reduce environmental impact. The company also aims to enhance customer satisfaction through increased product value.

The company has established a medium-term management plan for fiscal years 2022 through 2024, laying the foundation for realizing its 2030 long-term vision. This plan targets carbon neutrality promotion and revenue maximization through enhanced value creation across the entire group.

Nakayama Steel Works is proceeding with the establishment of a joint venture with Nippon Steel and planning construction of a new electric arc furnace. This will reduce CO2 emissions and improve profitability. The company also aims to create new customer value through expanded application of electric arc furnace steel products and portfolio reform.

The company is strengthening business partnerships, advancing operational collaborations with Nippon Steel and Chubu Steel Plate. Through slab supply and thick plate production outsourcing, the company is reinforcing its processing strategy to increase product value.

The company is also building operational systems for the new electric arc furnace to achieve efficient business operations. The new furnace is expected to produce more than double the output of existing furnaces. While iron scrap procurement remains a challenge, the company is implementing measures including maritime transportation and reducing the ratio of processed scrap usage.

Nakayama Steel Works is promoting operational efficiency through digital transformation and improving labor productivity. The company prioritizes human capital management, aiming to enhance employee motivation through talent acquisition and development and workplace environment improvements.