Neturen Co., Ltd. (5976) Stock Price

Kokkoshunetsu Co., Ltd. manufactures and sells prestressed concrete (PC) steel bars and deformed PC steel bars for civil engineering and construction applications. These products are also manufactured by Koryo Netsurensha Co., Ltd., a company based in South Korea. The company also manufactures and sells high-strength spring steel wire (ITW) for automobiles and motorcycles.

The company manufactures and sells automotive parts and construction machinery components, with subsidiaries in China, the United States, and the Czech Republic operating similar businesses. Additionally, it manufactures and sells slewing rings for construction machinery, with a Chinese subsidiary also providing comparable products.

Heat treatment contract processing is one of Kokkoshunetsu's core businesses, with multiple subsidiaries both in Japan and overseas providing this service. The company also manufactures and sells induction heating equipment, with subsidiaries in South Korea and China engaged in similar operations.

The company also operates an office building rental business, leasing floors it owns in "Oval Court Osaki Mark West." In addition, the company actively conducts research and development related to each of its business segments.

Neturen Co., Ltd. has established "NETUREN VISION 2030" as its growth strategy. This vision aims to contribute to a sustainable society by leveraging "Double Eco" technology—a pollution-free and resource-efficient approach. The company prioritizes achieving both enhanced corporate value and reduced environmental impact, with a focus on technologies that contribute to CO2 emission reductions.

The company is advancing "Aggressive Challenge One NETUREN 2026," a three-year medium-term management plan covering 2024 to 2027. This plan focuses on strengthening capital cost management and contributing to the creation of a sustainable society. The company is also optimizing the use of management capital to create new growth drivers and strengthen existing growth engines.

Neturen has identified four priority areas: technology development, business expansion, global market development, and human resource development. In technology development, the company aims to create new businesses and products. In global markets, it is expanding market presence centered on products that contribute to CO2 reduction. In human resource development, the company promotes diversity and cultivates talent with strong initiative and commitment to contribution.