H-ONE CO.,LTD. (5989) Stock Price

H-ONE is primarily engaged in the manufacturing and sales of automotive parts. Based in Japan, the company operates across North America, China, and Asia. H-ONE conducts global operations through 13 consolidated subsidiaries and 2 associates accounted for using the equity method.

In Japan, H-ONE Corporation manufactures and sells automotive parts. In North America, companies such as KTH Parts Industries, Inc. and Kalida Manufacturing, Inc. conduct similar operations. These entities manufacture and sell automotive parts by region, supporting H-ONE's global supply network.

In China, companies including Guangzhou H-ONE Auto Parts Co., Ltd. and Qingyuan H-ONE Auto Parts Co., Ltd. operate in the market. These enterprises handle the manufacturing and sales of automotive parts in China, forming a key part of H-ONE's Asia strategy. In the Asia region, H-ONE Parts (Thailand) Co., Ltd. and similar entities conduct comparable operations.

H-ONE maintains a continuous and close business relationship with Honda Motor Co., Ltd., supporting the supply of its products. Additionally, as associates accounted for using the equity method, G-ONE AUTO PARTS DE MEXICO, S.A. DE C.V. in North America and Dongfeng H-ONE Auto Parts Press Components Co., Ltd. in China engage in the manufacturing and sales of automotive parts.

H1 has established a long-term vision called "2030 VISION" with the goal of achieving sustainable growth. Under this vision, the company aims to become a "value creator" by delivering products and services that exceed customer expectations. The company leverages its strengths in technology and hospitality, combining technical expertise that materializes customer needs with a commitment to realizing those needs alongside customers.

The medium-term management plan "Change 2027" aims to transform the business portfolio and operational structure to build a foundation for 2030. This plan targets increased operating profit and improved ROIC, with goals of achieving 16 billion yen in operating profit and ROIC of 7% or higher by 2027. The company also aims to expand revenue, targeting 240 billion yen in sales revenue by 2027.

To strengthen profitability, H1 is implementing appropriate product pricing and cost reduction measures. The company is focusing on strengthening profitability in North American and Chinese markets, pursuing new component orders through technical proposal-based sales. H1 is also advancing sustainability initiatives, including environmentally conscious production activities and the promotion of diversity and inclusion.

Additionally, H1 is working to stabilize quality at higher levels and achieve quality standards that exceed customer expectations. The company is investing in human resource development, advancing the recruitment, development, and selection of talent capable of working globally. Through these initiatives, H1 aims to achieve sustainable growth and contribute to society.