KOGI CORPORATION (5603) Stock Price

Market cap
¥4.6B
P/E ratio
9x
Nijigiken manufactures steel casting products, automotive parts, and environmental equipment through its specialized subsidiaries in Japan and China.

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Business Overview

Nijigiken Co., Ltd. is a company primarily engaged in the manufacturing and sales of castings and rolls, machinery, and environmental equipment. The Nijigiken Group consists of Nijigiken Co., Ltd. and four subsidiaries, with each company operating in its respective specialized field.

Nijigiken's business segments are divided into "Casting Field" and "Environment Field." In the Casting Field, the company manufactures and sells steel rolling mill rolls, automotive die castings, dense bars, general castings, and aluminum alloy casting products. Its subsidiary Oguchi Alloy Foundry handles aluminum alloy casting products.

The Environment Field comprises two areas: environmental engineering and functional materials. In environmental engineering, the company manufactures and sells environmental equipment and machinery products, undertakes civil engineering and construction projects, and operates solar power generation sales. In the functional materials field, it manufactures and sells friction materials for automobiles, railways, and industrial machinery.

Additionally, Nijigiken Service Co., Ltd. handles security operations and other services at Nijigiken's Himeji East and West plants. The overseas subsidiaries Tianjin Nijigao Casting Steel Co., Ltd. and Nantong Nijigao Casting Steel Co., Ltd. manufacture and sell automotive press die castings. Through these operations, Nijigiken provides products and services that meet diverse customer needs.

Management Policy

Niji Technology Corporation has established the "8th Three-Year Plan" as its growth strategy. Beginning in fiscal year 2025, the plan aims to build a stable business foundation and realize growth strategies under the keyword "discovering 'Kai.'" Specifically, the company is prioritizing labor efficiency improvements, decarbonization initiatives, and human resource development, while undertaking business transformation and CO₂ reduction through AI and robotics technology.

While maintaining its casting-related business as a foundation, Niji Technology is focusing on developing new businesses and products. In particular, the company is responding to changing business environments and pursuing sustainable growth through digital technology and data utilization. Additionally, the company has set a mid-term target to reduce CO₂ emissions by 46% compared to fiscal year 2013 levels by fiscal year 2030, and has formulated a roadmap toward achieving carbon neutrality.

Niji Technology's growth strategy centers on increasing profits from existing operations while advancing expansion into new fields. Through this approach, the company aims to strengthen its presence as "Niji Technology: casting and the environment," and achieve sustainable development even in an uncertain business environment.

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