MARUZEN CO., LTD. (5982) Stock Price

Market cap
¥80B
P/E ratio
12.1x
Marzen manufactures and sells commercial kitchen equipment and large-scale baking machinery, serving restaurants and industrial facilities across Japan, Taiwan, and Thailand.

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Business Overview

Marzen's primary business is the manufacturing, procurement, and sales of commercial kitchen equipment. Through Marzen Kogyo Co., Ltd., the company manufactures commercial kitchen equipment and sells it to Marzen. Additionally, Marzen conducts sales in Taiwan and Thailand through Taiwan Marzen Co., Ltd. and Marzen (Thailand) Co., Ltd., respectively.

Marzen also manufactures and sells large-scale baking machinery. In this field, Fujisawa Marzen Co., Ltd. manufactures factory equipment and machinery for baking and confectionery production lines serving large-scale facilities and sells these to Marzen. This enables the company to meet demand in the baking industry.

Furthermore, Marzen operates a building rental business. Specifically, the company secures stable revenue by leasing buildings it owns. In this way, Marzen pursues diversified business operations while leveraging its expertise across each sector.

Management Policy

Marzen is a comprehensive manufacturer of commercial kitchen equipment and large-scale baking machinery, pursuing a growth strategy. The company upholds "customer-first principles" as its corporate philosophy and is committed to providing high-quality products and services at appropriate prices. Through this approach, it aims to earn the trust of shareholders and customers.

In its medium-term management plan, Marzen prioritizes improving EPS (earnings per share) and expanding sales and profits. Specifically, the company has set a target ROE of 10% and aims to increase profitability through medium to long-term growth. This strategy is designed to enhance shareholder value.

Marzen is expanding its market share in the increasingly competitive commercial kitchen equipment sector, targeting sales of 7 billion yen. The company is strengthening its technological development capabilities and advancing energy-efficient product development to meet customer needs. It is also reinforcing direct sales and distribution channels to increase brand recognition for Marzen.

The company serves a wide range of markets, including food service, institutional catering, and supermarkets. It is focused on improving customer satisfaction through shorter delivery times and enhanced after-sales service. Additionally, it is strengthening its expansion into overseas markets, particularly in Southeast Asia.

In its manufacturing operations, the company operates three plants—in Kyushu, Tohoku, and the Greater Tokyo Area—to drive efficient production. Its fundamental approach is to provide safe, high-quality products at reasonable prices while pursuing cost reduction and productivity improvements. These efforts aim to enhance profitability.

In the large-scale baking machinery sector, Fujisawa Marzen Co., Ltd. is developing new customers in different industries and overseas markets. The company is pursuing in-house production through active utilization of production facilities and cost reduction to improve profitability. This strengthens its competitive position within the industry.

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