OILES CORPORATION【JP:6282】Stock Price

Oiles Corporation manufactures and sells general bearing equipment, automotive bearing equipment, structural equipment, and building equipment. These operations are conducted by Oiles Corporation and its 17 subsidiaries. Each business segment focuses on specific products or regions and operates globally.

In the general bearing equipment and automotive bearing equipment segments, the company provides oilless bearings and related products. Oiles Corporation handles development, manufacturing, and sales, while subsidiaries such as Unipla and Rubi Industries manage manufacturing and sales of specific products. Regionally, Oiles America Corporation serves the North American market, and Oiles Deutschland GmbH serves the European market.

The structural equipment segment provides bearings and seismic isolation and damping devices. Oiles Corporation manages development, manufacturing, and sales, with Unipla and Ricoh Kihara handling specific product manufacturing and sales. Seismic Engineering also provides design and maintenance services for seismic isolation and damping devices.

The building equipment segment offers window operators, environmental equipment, and residential equipment. Oiles ECO handles development, manufacturing, sales, installation, and maintenance, while Oiles Ruiz Trading (Shanghai) Co., Ltd. manages sales in the Chinese market.

The other segment handles transmission equipment and related products. Oiles West Japan Sales and Oiles East Japan Sales conduct purchasing and sales of transmission equipment. Through these operations, Oiles Corporation provides diverse products and services to meet varied market needs.

Oiles Corporation aims for sustainable growth and contributes to society through technology as its core management philosophy. The company focuses particularly on tribology (friction, wear, and lubrication) and damping (vibration control) technologies to support society's sustainable development. This enables the company to deliver energy efficiency, reduced environmental impact, and safety and security.

The company has established the "OILES 2030 VISION" and is developing a medium-term management plan toward realizing a sustainable society. The medium-term plan beginning in fiscal 2024 prioritizes concentrating resources on growth markets, improving productivity, enhancing corporate value, and managing finances with awareness of capital efficiency. Through these efforts, the company aims for significant growth in the next generation.

As specific business strategies, the company is strengthening its focus on semiconductor manufacturing equipment and renewable energy markets in general bearing equipment. In automotive bearing equipment, the company is advancing product development to address electric vehicles and autonomous driving, while expanding orders in China and India markets. In structural equipment, the company is responding to infrastructure renewal and urban redevelopment. In building equipment, the company is strengthening its response to the renewal market.

Oiles Corporation uses operating profit margin on sales and ROE as key management indicators to enhance corporate value. By improving these metrics, the company aims to achieve sustainable growth and contribute to stakeholders. Additionally, in addressing sustainability challenges, the company aims to reduce CO2 emissions and achieve carbon neutrality, while advancing product development that reduces environmental impact.