Chubu Steel Plate Co.,Ltd. (5461) Stock Price

Chubu Steel Plate has four main business segments: steel-related operations, rental operations, logistics operations, and engineering operations. These businesses are operated by the company and its consolidated subsidiaries: Meitoku Sangyo Co., Ltd., CK Shoji Co., Ltd., CK Clean Ad Co., Ltd., and CK Logistics Co., Ltd.

In steel-related operations, Chubu Steel Plate and CK Shoji Co., Ltd. work together to manufacture and sell thick-plate steel products using electric furnaces with iron scrap as the primary raw material. This business aims to ensure stable supply of steel products.

The rental operations are managed by CK Clean Ad Co., Ltd., which provides rental services for commercial kitchen grease filters and operates advertising signage businesses. These services support customers in improving operational efficiency.

Logistics operations are run by CK Logistics Co., Ltd., offering transportation and cargo handling services as well as hazardous materials warehouse operations. This business aims to provide safe and efficient logistics services.

Engineering operations are centered on Meitoku Sangyo Co., Ltd., which provides engineering services including design, construction, and maintenance of steel-related equipment. This business delivers high-quality services leveraging technical expertise.

Chubu Steel Plate is developing a medium-term management plan for 2024 through 2026 to achieve sustainable growth. The plan targets a market capitalization of 10 billion yen and aims to increase steel product sales volume to 800,000 tons. The company has established decarbonization initiatives and sustainable infrastructure development as core management principles.

To increase steel product sales volume, the company is improving productivity through the introduction of new electric arc furnaces. This approach addresses customer demand for decarbonization, strengthens cost competitiveness, and supports the acquisition of new customers. The company is also prioritizing quality assurance through the implementation of an AI inspection system.

For decarbonization, the company targets carbon neutrality by 2050 and plans to reduce greenhouse gas emissions by 46% by fiscal year 2030. The company is leveraging the energy-saving benefits of new electric arc furnaces while advancing renewable energy procurement and energy-efficient capital investments. Additionally, the company is strengthening value delivery to customers through the market introduction of green steel.

In sustainable infrastructure development, the company prioritizes employee engagement and enhances human capital strategy. The company is advancing digital transformation strategy for operational efficiency, strengthening governance, and implementing rigorous risk management to build a corporate foundation supporting long-term growth. These efforts enhance alignment with corporate philosophy and vision while promoting health-conscious management practices.