Nippon Yakin Kogyo Co.,Ltd. (5480) Stock Price

Japan Metallurgical Industries operates primarily in the stainless steel plate and processed steel products business. The company manufactures, processes, and sells stainless steel, heat-resistant steel, and high-nickel alloy plates and strips, forged steel products, stainless steel building materials, stainless steel pipes, and stainless steel processed products. Through these offerings, the company supplies products to a wide range of industrial sectors.

The company's corporate group consists of 18 subsidiaries and 2 affiliated companies. Key operating subsidiaries and affiliates engaged in manufacturing and sales include Nastoa Corporation, Nas Steel Strip Corporation, Nas Engineering Corporation, Nas Tech Corporation, Miyazu Marine and Land Transport Corporation, NAS TOA (THAILAND) CO., LTD., and Nangangri Nihon Metallurgical Trading (Nanjing) Limited Company.

Affiliated companies handling processing and sales include Nas Bussan Corporation and Clean Metal Corporation. These companies further process Japan Metallurgical Industries' products and provide customized services to meet customer needs. Through this structure, the company serves diverse markets and maintains competitive advantage.

Nippon Mining & Metals is pursuing sustainable growth through its "Medium-Term Management Plan 2023." The plan focuses on diversifying products and raw materials while establishing itself as a top supplier in the nickel superalloy and stainless steel markets. The company is particularly targeting demand for high-performance materials in India and the Middle East, concentrating efforts on developing manufacturing technology and building efficient production systems.

The company positions the environment and decarbonization sectors as growth areas, expanding sales of high-performance materials in markets such as China and India. It is also deepening alliances centered on its joint ventures in China to expand its product portfolio. Through these initiatives, the company aims to differentiate its general stainless steel business from imported products and maintain a stable earnings foundation.

To enhance technological competitiveness, Nippon Mining & Metals is developing manufacturing technology that enables stable increased production of diverse high-performance materials. The company is pursuing operational stability and productivity improvements through maximizing the capacity of new equipment and strengthening existing facilities. It is also working to secure technological advantages in manufacturing processes that support carbon neutrality.

Nippon Mining & Metals is establishing a sustainable management foundation by planning and executing human capital, research and development, and capital investment strategies from a medium to long-term perspective. The company continues annual capital investments exceeding 10 billion yen and is pursuing efficient use of management resources through digital transformation initiatives. It is also strengthening its financial foundation with a view to obtaining an A-grade credit rating.