NIPPON CHUTETSUKAN K.K. (5612) Stock Price

Japan Cast Iron Pipe Co., Ltd. is a company that primarily supplies materials for water and sewage systems, as well as gas infrastructure. The company manufactures and sells ductile cast iron products, resin pipes, and related fittings. These products play an essential role in infrastructure development.

Japan Cast Iron Pipe also operates warehousing, road freight transportation, and industrial waste transport, transfer, and storage businesses. Through these operations, the company efficiently manages product distribution and waste management while demonstrating environmental responsibility.

The company's group enterprises include Nichigiku Shoji Co., Ltd. and Tsurumi Komazai Center Co., Ltd. Nichigiku Shoji sells Japan Cast Iron Pipe's products, while Tsurumi Komazai Center handles storage and transportation of gas piping materials.

Additionally, Nichigiku Service Co., Ltd. operates a recycling business for iron pipes, and Igarashi Co., Ltd. handles the sales of water supply materials. These group companies work together to support Japan Cast Iron Pipe's operations.

JFE Steel Co., Ltd. is a key affiliated company. JFE Steel supplies raw materials to Japan Cast Iron Pipe and contributes to improving product quality. This enables stable product supply.

Japan Cast Iron Pipe Co., Ltd. has established a growth strategy as a company playing a vital role in infrastructure development. The company aims to establish itself as an "Innovative All-in-One Stop Company" in the piping sector, involved across the entire pipe renewal cycle. Through this strategy, the company pursues sustainable development while fulfilling its social mission.

The company is strengthening the profitability of its core business, including cast iron pipes, through new product development, enhanced sales capabilities, and improved cost competitiveness. As part of its sustainability initiatives, the company is advancing the adoption of electric furnaces to achieve carbon neutrality, thereby reducing environmental impact.

Japan Cast Iron Pipe is also promoting the efficiency of infrastructure maintenance through digital technology. The company has introduced advanced technologies, including AI-powered pipe deterioration diagnostic systems and drone-based water aqueduct inspections, to streamline infrastructure maintenance and management. This contributes to improved safety of social infrastructure.

The company is actively advancing ESG management. It is contributing to the SDGs through decarbonization via electric furnace adoption and donation activities with international NGOs. Additionally, as part of community contribution activities, the company hosts local events to strengthen relationships with regional communities.

Japan Cast Iron Pipe promotes operational efficiency and work style reform, supporting diverse working arrangements. The company has introduced childcare leave programs and remote work systems to create a more employee-friendly environment. These initiatives aim to improve employee satisfaction and productivity.

The company is also committed to securing and developing young talent and promoting women's advancement. It actively conducts new graduate and mid-career recruitment to enhance young employee development. The company is also advancing the appointment of female managers to promote diversity, thereby fostering a corporate culture where diverse talent can thrive.