Nippon Denko Co., Ltd. (5563) Stock Price

Shin Nippon Electric Works operates in the following business segments: alloy iron, functional materials, incineration ash recycling, aqua solutions, and electric power. These operations are conducted through the company, five subsidiaries, and two affiliated companies. Nippon Steel, which manufactures and sells steel products, is also included as a related company.

In the alloy iron business, the company manufactures and sells ferromanganese, silicon manganese, and ferrosilicon. It also handles sales of specialty metal products such as ferrochrome and ferrovanadium. Key affiliated companies include Denkou Kozan and Nichi-Denshi Tokushima.

The functional materials business manufactures and sells zirconium oxide, boron oxide, and ferroboron. The company also handles hydrogen storage alloys and lithium-ion battery cathode materials. Shin Nippon Electric Works primarily manages this segment.

The incineration ash recycling business performs melting and solidification treatment of incineration ash using electric furnaces. Chuden Kozan is involved in this operation, promoting environmentally responsible resource recovery.

The aqua solutions business manufactures and sells wastewater treatment equipment and pure water production systems. Using ion exchange tower and reverse osmosis membrane technology, the company recovers heavy metals such as boron and nickel.

The electric power business supplies electricity. Shin Nippon Electric Works manages this segment and aims to provide stable power supply.

Other operations include manufacturing and sales of steel analysis and measurement equipment, as well as plastic processing and sales. Riken Industries and Kuriyama Kozan operate in these fields.

Shin-Nippon Electric Wire & Cable Co., Ltd. has formulated a medium- to long-term management plan through 2030, aiming to become "a company that supports people's lives through materials and environmental solutions, and continues to challenge toward a better future." The plan is based on the fundamental principle of balancing solutions to social issues with sustainable growth.

As a growth strategy, the company views changes in the business environment as growth opportunities and seeks to expand business scale and scope. In particular, it is building a portfolio less vulnerable to ferroalloy market fluctuations to improve and stabilize profitability. Additionally, through research and development of new products and external partnerships, the company is creating new products and businesses that contribute to solving social issues.

In its financial strategy, the company aims to conduct aggressive strategic investments in growth areas while simultaneously strengthening fixed assets and maintaining high-level shareholder returns. Furthermore, it is leveraging digital transformation (DX) to optimize inventory efficiency and reduce inventory-related impacts.

As sustainability initiatives, the company plans a 5 billion yen scale green transformation (GX) investment to reduce CO2 emissions by 45% or more by 2030. Additionally, it is using DX to improve productivity and operational efficiency while strengthening the foundation of human capital management.

Shin-Nippon Electric Wire & Cable is implementing specific measures across each business segment. In the ferroalloy business, it is pursuing productivity improvements and inventory reduction. In the functional materials business, it is expanding sales of proprietary products and advancing research and development of next-generation battery materials. In the incineration ash recycling business, it aims to expand melting furnace capacity. In the aqua solutions business, it is focusing on developing new business areas.

In the power business, the company secures stable revenue through feed-in tariff (FIT) schemes and contributes to carbon neutrality realization by issuing non-fossil fuel certificates leveraging the environmental value of hydroelectric power. Through these measures, Shin-Nippon Electric Wire & Cable pursues sustainable growth and works to enhance corporate value.