SANYU CO.,LTD. (5697) Stock Price

Sanyu manufactures and sells polished bar steel and cold-forging steel wire. The company operates through Sanyu itself, two subsidiaries, one affiliated company, and other related entities. Specifically, it also handles precision machining and sales of polished bar steel.

In the polished bar steel division, Sanyu and its subsidiary Osaka Migaki Co., Ltd. procure materials primarily from steelmakers such as Nippon Steel Corporation and manufacture and sell polished bar steel. Additionally, Sanyu's processing division performs precision machining including centerless grinding, lathe machining, and dimensional cutting. Subsidiary Daido Migaki Steel Materials Co., Ltd. processes polished bar steel purchased from Sanyu through cutting and other operations, then sells the finished products. In the cold-forging steel wire division, Sanyu procures materials from Nippon Steel Corporation and other suppliers to manufacture and sell cold-forging steel wire. Sanyu also leases certain buildings to Daido Migaki Steel Materials Co., Ltd.

Sanyuu aims to meet diverse customer needs through the manufacturing and sales of polished bar steel and cold-forging steel wire. The company builds trust with business partners, shareholders, employees, and local communities by enhancing technical capabilities, expanding production facilities, and improving product quality.

The company's growth strategy focuses on increasing market share in sales volume and enhancing product value. Specifically, it is expanding sales in both polished bar steel and cold-forging steel wire, while developing applications in tertiary processing of these products. The company also seeks to expand its business through technical partnerships and cooperation with competitors in the industry.

Capital investment continues on an ongoing basis to improve productivity and quality. The company plans capital expenditures of 564,120 thousand yen in fiscal 2024 and 670,000 thousand yen in fiscal 2025, thereby strengthening competitiveness. Additionally, the company is reinforcing corporate social responsibility and promoting business management based on ISO standards.

As part of its global strategy, Sanyuu participates in joint ventures in China and Thailand to meet the needs of local Japanese automotive parts manufacturers. This approach enhances competitiveness in global markets and supports sustainable growth.

Sanyuu prioritizes management indicators such as operating profit margin on sales and equity ratio to improve profitability and financial soundness. For fiscal 2024, the company targets an operating profit margin of 1.7% and an equity ratio of 49.2%, with goals of 2.5% and 52.6%, respectively, for fiscal 2025.