HISAKA WORKS,LTD. (6247) Stock Price

Market cap
¥48B
P/E ratio
16.3x
Nihonhankyo Manufacturing produces heat exchangers, industrial valves, and specialized equipment for food, pharmaceutical, and textile industries worldwide.

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Business Overview

Nihonhankyo Manufacturing operates multiple business segments and provides a diverse range of products and services. The main business segments include heat exchangers, process engineering, and valves.

In the heat exchanger business, the company manufactures and sells plate heat exchangers and brazed plate heat exchangers. These are used in chemical, shipbuilding, food, air conditioning, and power generation applications, and are particularly suited for large-scale cooling systems and multi-unit residential hot water supply systems.

The process engineering business is divided into three fields: food equipment, pharmaceutical equipment, and textile finishing equipment. In food equipment, the company provides retort sterilization cookers and aseptic rice cooking plants. In pharmaceutical equipment, it handles medical sterilization equipment and biohazard sterilization equipment.

In the textile finishing equipment field, the company supplies high-temperature, high-pressure liquid flow dyeing machines and ultra-low bath ratio air flow dyeing machines, supporting efficient dyeing processes. This contributes to improved productivity in the textile industry.

In the valve business, the company manufactures ball valves and diaphragm valves. These valves address diverse applications ranging from standard types to high-temperature, high-pressure, and ultra-low temperature models, meeting a wide range of industrial needs.

Management Policy

Nippon Sanso Seisaku Co., Ltd. has established a long-term vision toward its 100th anniversary in fiscal year 2042. Under this vision, the company aims to become an enterprise that supports a sustainable future alongside customers in the energy, water, and food sectors by leveraging its fluid heat and pressure control technologies. Specific targets include consolidated net sales of 100 billion yen and consolidated operating profit of 12 billion yen.

The company has formulated a CSR-SDGs vision incorporating the Sustainable Development Goals, aiming to contribute to solving social challenges. Through these efforts, it is strengthening initiatives toward realizing a sustainable society and enhancing corporate value. To achieve these visions, the company formulates medium-term management plans every three years and is currently advancing responses to key issues based on "G-23."

Under "G-23," the company is deploying strategies to sustain growth amid an unstable economic environment marked by geopolitical risks and surging energy prices. It is promoting environmental measures such as CO2 reduction and energy transition, while advancing the development of technologies and products that contribute to realizing a sustainable society. Additionally, productivity improvement initiatives to enhance employee vitality are being prioritized.

The company aims to expand sales and improve profit margins through portfolio review, expansion into overseas markets, and development of new businesses and products. Notably, in the process engineering business, the company is developing products that contribute to energy savings and labor reduction, with plans to achieve sales exceeding 20 billion yen. Through these efforts, the company seeks sustained growth and enhanced corporate value.

Nippon Sanso Seisaku is working to improve capital efficiency by reducing policy-held shares and strengthening shareholder returns. For the fiscal year ending March 2026, the company plans to increase dividends and acquire treasury shares, with a policy to raise the total payout ratio. Through these measures, the company prioritizes profit returns to shareholders and aims to enhance corporate value.

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