SHIMA SEIKI MFG., LTD.【JP:6222】Stock Price

Shima Seiki Manufacturing Ltd. primarily manufactures and sells flat knitting machines, design systems, and glove and sock knitting machines. These machines are essential equipment for knit product manufacturing, and the company is a leader in this field. The company also manufactures and sells related components.

The company outsources the manufacturing of certain component parts to its consolidated subsidiaries, Shima Fine Press Co., Ltd. and Kainan Precision Co., Ltd. This approach enables efficient production operations and allows the company to deliver high-quality products to the market.

For sales, Shima Seiki Manufacturing conducts direct sales both domestically and internationally, as well as sales through trading companies and distributors. In overseas markets, subsidiaries established in various countries handle regional sales operations, supporting the company's global expansion.

Other business operations include Toyo Boseki Itogyo Co., Ltd., which manufactures and sells textile raw materials, and Innovation Factory Co., Ltd., which manufactures and sells textile products. Additionally, South Terrace Co., Ltd. operates a hotel business, reflecting the company's diversified business portfolio.

Shima Seiki Manufacturing Ltd. operates under the purpose of "Creating happiness for the future through the power of creation," aiming to realize a sustainable society. To respond to changing business conditions and capture business opportunities, the company is advancing four priority initiatives. Through these efforts, the company is building an organization where each employee can think and act autonomously, while creating new corporate value and contributing to society.

Under its medium-term management plan "Ever Onward 2026," the company has set specific targets for the fiscal year ending March 2027. The company aims for consolidated net sales of 55 billion yen, operating profit of 7 billion yen, net profit of 5.5 billion yen, and ROE of 6.0% or higher. Key initiatives include rebuilding the management foundation, establishing solution businesses, revitalizing the flat knitting machine business, and expanding the automatic cutting machine business.

In rebuilding the management foundation, the company is advancing awareness reform and business process innovation to stabilize revenue and drive business growth. In establishing solution businesses, the company aims to increase added value across the fashion industry by addressing supply chain challenges.

In revitalizing the flat knitting machine business, the company is pursuing sustainable growth through new product development, cost reduction, and market expansion. In expanding the automatic cutting machine business, the company is strengthening its product lineup and expanding sales channels to develop this business as a core pillar.

Through these initiatives, Shima Seiki Manufacturing Ltd. aims to enhance corporate value and achieve sustainable growth. The company is actively investing in research and development and human capital while focusing on cost reduction and expense management.