Nippon Seisen Co., Ltd. (5659) Stock Price

Nippon Seisen is a corporate group consisting of a parent company and five subsidiaries, primarily engaged in the manufacturing and sales of stainless steel wire and metal fiber (Naslon). The business is divided into two segments: wire drawing operations and metal fiber operations.

In wire drawing operations, Nippon Seisen, THAI SEISEN CO., LTD., and Datong Stainless Steel (Dalian) Co., Ltd. manufacture and sell stainless steel wire. Datong Special Steel supplies raw materials to these companies, and Nippon Seisen purchases and resells some of the products. Nippon Seisen Techno handles straight-cutting processing and polished drawing of stainless steel wire.

Additionally, diamond tools are manufactured and sold by Nippon Seisen and THAI SEISEN CO., LTD. Nippon Seisen primarily purchases products from THAI SEISEN CO., LTD. and supplies materials to them.

In the metal fiber (Naslon) business, Nippon Seisen and Taisoryuu Precision Filter Machine (Changshu) Co., Ltd. engage in manufacturing and sales. Nippon Seisen supplies some materials to Taisoryuu Precision Filter Machine (Changshu) Co., Ltd. and purchases some of its products. Korean Naslon supports Nippon Seisen's sales activities in Korea.

Furthermore, Datong Kogyo is a major sales destination and raw material supplier for Nippon Seisen Group's stainless steel wire. Through these operations, Nippon Seisen strengthens its manufacturing and sales capabilities both domestically and internationally, meeting diverse market needs.

Nippon Seisen is a manufacturer of stainless steel wire and metal fiber (Naslon®) as core products. The company's fundamental philosophy is to contribute to society through technological expertise and challenges in new business areas. As environmental and energy sustainability accelerates alongside digitalization, the company has adopted "Micro & Fine Technology" as its strategic focus to meet growing demand in the stainless steel sector and lead next-generation material and technology development.

Starting April 2024, the company launched its "Medium-Term Management Plan (NSG26)" to enhance corporate value by developing and expanding high-performance, proprietary products in sustainability-driven growth sectors. The company has set a 2035 vision and committed to reducing CO2 emissions by 30% by 2030, advancing ESG-focused management.

NSG26's core policies include deepening development of high-performance and proprietary products for sustainability growth sectors, strengthening production capabilities and improving productivity, advancing hydrogen recovery technology, and promoting ESG management. These initiatives aim to strengthen competitiveness and achieve sustainable growth.

Specifically, the company is developing ultra-fine wire and ultra-precision gas filters to serve demand in renewable energy, healthcare, IoT/AI, and automotive CASE sectors. The company is also pursuing carbon neutrality by improving energy efficiency and expanding the use of CO2-free electricity.

Additionally, the company is strengthening human capital through diversity and inclusion initiatives and health-focused management practices. It is reinforcing governance and compliance while enhancing stakeholder communication. Through these efforts, the company aims to increase corporate value and realize sustainable growth.