Kurimoto,Ltd. (5602) Stock Price

Kurimoto Iron Works operates three main business segments: Lifeline Business, Machinery Systems Business, and Industrial Construction Materials Business. Through these operations, the company provides a diverse range of products and services.

In the Lifeline Business, Kurimoto Iron Works primarily manufactures and sells ductile iron pipes and lightweight steel pipes. These products are supplied to the market through authorized distributors including Kurimoto Shoji Co., Ltd., Yamato Gawa Co., Ltd., and Hokkaido Kanazai Co., Ltd.

In the Machinery Systems Business, Kurimoto Iron Works is the core operator, manufacturing and selling forging machinery and various industrial machines. This business contributes to improved production efficiency in the industrial sector.

In the Industrial Construction Materials Business, Kurimoto Iron Works manufactures and sells reinforced steel trusses and synthetic resin products. Kurimoto Shoji Co., Ltd. serves as an authorized distributor for certain products, meeting demand in the construction industry.

Kurimoto Iron Works' group companies include Kurimoto Logistics Co., Ltd. and Japan Casteling Co., Ltd., which engage in product manufacturing, sales, and transportation services within their respective specialized fields.

Kurimoto Ltd. has adopted the spirit of "Yonpo-yoshi" (benefit to all four parties) as its growth strategy toward 2030, aiming to become a corporate group that prioritizes social contribution. Under this philosophy, the company has incorporated sustainability and diversity policies into its management approach and is advancing the development of a circular business model.

The company has designated 2024 to 2026 as a period of transformational growth preparation and has formulated a three-year medium-term management plan. This plan aims to drive growth through strengthening stable revenue businesses and investing in growth-driving businesses, while pursuing management that is conscious of capital costs and stock price performance.

In its Lifeline Business, the company is strengthening solution provision to address aging infrastructure challenges. In its Machinery Systems Business, it is advancing system provision for secondary battery and recycled aggregate manufacturing equipment to contribute to the realization of a decarbonized society.

In its Industrial Construction Materials Business, the company is expanding its presence in the road and bridge maintenance market. Through these efforts, it aims to contribute to national resilience while pursuing business growth. By implementing these initiatives, Kurimoto Ltd. is working to solve social challenges and create customer value.

As a financial strategy, the company is making aggressive investments in growth-driving businesses to improve capital efficiency and reduce capital costs. It is also strengthening shareholder returns and targeting improved ROE. Through these measures, the company seeks to enhance corporate value and achieve sustainable growth.