KYORITSU AIR TECH INC. (5997) Stock Price

Kyoritsu Air Tech manufactures and sells building air conditioning and disaster prevention equipment, as well as whole-house air conditioning systems and 24-hour ventilation systems for residential use. Specifically, the company provides products such as dampers, air outlets, and FAS units. These products play an important role in improving air conditioning efficiency in buildings and homes.

Changshu Kuaifeng Air Conditioning Co., Ltd., a consolidated subsidiary of Kyoritsu Air Tech, manufactures and sells air outlets, VAV (variable air volume) units, and FAS units in China. This strengthens the company's presence in the Asian market and addresses regional needs.

Additionally, Mask Inc., another consolidated subsidiary of Kyoritsu Air Tech, primarily engages in the sales of air conditioning materials. This enables the Kyoritsu Air Tech Group to provide a wide range of air conditioning-related products and services, meeting diverse customer needs. The Kyoritsu Air Tech Group operates as a single business segment, focusing on the manufacture and sale of air conditioning and disaster prevention equipment.

Kyoritsu Air Tech is committed to the happiness and well-being of all employees and social contribution as its core principles. The company pursues a customer-first approach while aiming to provide high-quality products. In particular, it seeks to contribute to society and enhance corporate value through the development of air conditioning systems designed with people in mind.

The company's growth strategy focuses on promoting residential products. Specifically, it is strengthening sales of the wall-mounted total heat exchange air purifier "Airkurun" and the 24-hour multi-ventilation system "DESIX," while expanding its sales structure for proprietary whole-building air conditioning systems and residential air conditioning and ventilation systems.

Kyoritsu Air Tech is also expanding sales of its core products, including dampers, air outlets, and air conditioning unit systems. Additionally, the company is working to expand the market for low-carbon eco-material "Le Eco" and commercial kitchen hood "High Hood" to improve performance.

Even in a challenging business environment, the company aims for sustained enhancement of corporate value. Specific targets include a consolidated operating profit margin of 10% and a consolidated return on equity (ROE) of 10%, with ongoing initiatives to achieve these goals.