NIPPON GEAR CO.,LTD. (6356) Stock Price

Japan Gear Industrial has two main business segments: gears and gear equipment, and construction services. Through these operations, the company provides a variety of products and services.

In the gears and gear equipment segment, the company manufactures and sells valve actuators, jacks, mixers, and other speed reducers and multipliers. The company also handles gears designed for various applications, including automotive, construction machinery, and railway and marine use.

In the construction services segment, the company provides installation and maintenance services for valve actuators, jacks, mixers, and other speed reducers and multipliers. Through these services, the company aims to maintain long-term product performance and enhance customer satisfaction.

Japan Gear Industrial Co., Ltd. is guided by the corporate philosophy of "becoming the gear that connects people and lifestyles to create a prosperous future." As a gear equipment manufacturer, the company aims to advance its technological capabilities further and establish itself as a leading company that pursues technological innovation.

The company prioritizes operating profit and net income to enable stable dividend payments. Through this approach, it seeks to expand revenues as a key management indicator supporting medium to long-term growth.

Under its three-year plan beginning in fiscal 2022, the company aims to strengthen competitiveness in "quality, cost, delivery, and after-sales service" to outperform competitors. The company is also focusing on strengthening corporate governance.

Priority initiatives include developing new valve and actuator products, accelerating sales of electronic actuators, and expanding into overseas markets. The company is also considering cost reductions for jacks and the introduction of specialized-function jacks.

Additionally, the company is pursuing customer development for large-scale precision gears and expanding orders from primary contractors at power plants. Through these efforts, the company aims to enter new markets and drive business growth.