NICHIA STEEL WORKS,LTD. (5658) Stock Price

Nikkoku Steel manufactures and sells standard wire products, specialty wire products, and rivet and bolt wire products as its core business. These products are used across various industries, including public works, automotive, and power and telecommunications sectors.

For standard wire products, the company manufactures and sells various galvanized steel wires used in public works applications such as cages and rockfall protection nets, as well as fencing for private use. This contributes to infrastructure development and safety measures.

Specialty wire products include hard steel wire, galvanized steel wire, flat steel wire, stranded wire, and steel rope for the automotive and power and telecommunications industries. This addresses the diverse needs of these sectors.

For rivet and bolt wire products, the company manufactures and sells Torshia-type high-strength bolts, hexagonal high-strength bolts, and GN bolts for civil engineering and construction applications. This supports safety and efficiency at construction sites.

Additionally, Nikkoku Steel operates a real estate rental business, leasing buildings and land. This provides a stable revenue stream.

Other operations include contract plating services and the sale of by-products. These activities improve manufacturing efficiency and promote effective use of resources.

Nippon Awa Steel is a comprehensive manufacturer of wire rod processed products that aims for sustainable growth and enhanced corporate value through flexible responsiveness. Based on its corporate principles of harmony and cooperation, creditworthiness, and innovation, the company's management policy is to earn stakeholder trust and contribute to social development.

Amid increasing economic uncertainty, the company seeks to build a resilient corporate structure by adapting to changes in the steel market. It pursues revenue stability and sustained growth through cost pass-through pricing, strengthened market competitiveness, market share expansion, demand development, and product mix sophistication.

Nippon Awa Steel leverages its plating and forming technologies to provide high-value-added products. Using short-delivery lead times as a competitive advantage, the company promotes expansion in existing markets and development of new markets. It pursues demand growth by strategically introducing products for public works, manufacturing, and agriculture, forestry, and fisheries sectors.

The company prioritizes ESG and SDGs, contributing to a sustainable society through its "three eco" initiatives. It promotes environmentally friendly products, builds energy-efficient manufacturing processes, advances social contribution activities, and strengthens internal controls and compliance.