NIPPON KINZOKU CO., LTD. (5491) Stock Price

Nippon Metal's primary business involves the manufacturing and sales of cold-rolled stainless steel strip and polished special strip steel. The company operates through 8 subsidiaries and 1 affiliated company, which handle business activities related to these products.

The company's operations are divided into two main business segments. In the "polished strip steel business," products manufactured by Nippon Metal are primarily sold by Nippon Metal Steel Corporation. Subsidiaries in Thailand, Malaysia, and Shanghai also handle a portion of sales. Some manufacturing processes are outsourced to Nippon Metal Finishing Techniques Corporation.

In the "processed products business," shaped steel products are sold through Sefu Corporation. Electromagnetic products are sourced from Nippon Metal Electromagnetic Industries Corporation, with some manufacturing outsourced to the affiliated company Harima Electronics Corporation. This structure allows the company to offer a diverse product lineup.

Nippon Metal is pursuing sustainable growth through its proprietary growth strategy. The company has established a 10-year plan called "NIPPON KINZOKU 2030," which aims to expand target product categories and commercialize new offerings while achieving a high-profit business structure. Phase 3 of this plan begins in fiscal year 2025 and is scheduled to continue through fiscal year 2029.

The company has adopted the vision of becoming a "Multi & Hybrid Material company that co-creates new value that is kind to people and the planet." To respond to rapidly changing lifestyles and next-generation technologies, the company has identified three key focus areas: "Multi & Hybrid Materials," "Near Net Shape," and "Near Net Performance." Through these initiatives, the company will refine its rolling and processing technologies and transform its business structure with new technologies and products as core drivers.

Additionally, Nippon Metal is strengthening sales of eco-products—environmentally conscious offerings—to differentiate itself from competitors. The company is also deepening relationships with customers, business partners, and group companies to drive further growth. Through these efforts, the company aims to balance sustainable growth with social responsibility.