THE HANSHIN DIESEL WORKS, LTD (6018) Stock Price

Hanshin Internal Combustion Engine Industries manufactures and sells diesel engines primarily for marine vessels. The business centers on diesel engines, which serve as a critical power source for ships. The company also provides variable pitch propellers, side thrusters, lubricating oil and fuel oil purification systems, and remote engine monitoring systems.

Beyond product sales, the company offers parts sales, repair services, maintenance management, and machine processing. Through these services, it provides comprehensive support tailored to customer needs and enables long-term vessel operation. These services are essential for enhancing the operational efficiency of ships.

Hanshin Internal Combustion Engine Industries leverages over 100 years of experience and pursues a management philosophy centered on solving social challenges. The company is particularly focused on developing GHG-free technologies, expanding its CMR business, and investing in research and development of new businesses. Under the slogan "WIN-INNOVATION through the creative power of iron and engineering," the company pursues innovation.

Starting in April 2023, the company launched a new medium-term management plan titled "Go for it! Let's Give It a Try!!" This plan aims to maximize added value in existing businesses, expand the CMR business, improve production efficiency, and develop overseas markets. The company is also advancing research and development of carbon-neutral engines and exploring new business opportunities.

While the operating environment faces challenges such as high ship prices and crew shortages both domestically and internationally, Hanshin Internal Combustion Engine Industries views these as opportunities. The company is conducting sales activities to capture demand for replacement vessel construction, with particular focus on developing the Chinese market and strengthening sales efforts in Southeast Asia to expand orders.

On the production side, the company positions the CMR business as its second pillar, providing services that leverage casting and precision machining technologies. The company is advancing production efficiency improvements and cost reduction while working to enhance quality. In new product development, the company is advancing development of methanol fuel engines and bio-fuel compatible engines, aiming to establish GHG reduction technologies.

Additionally, Hanshin Internal Combustion Engine Industries is promoting development of new businesses and products through its in-house venture initiative, the "F-WING Project." The company is conducting market research on AI technology applications and new casting products, building a foundation for future growth.