Torishima Pump Mfg.Co.,Ltd. (6363) Stock Price

Torishima Manufacturing has two main business segments: the Pump Business and the Environment & New Energy Business. In the Pump Business, the company manufactures and sells pumps, pump plants, mechanical seals, and other pump-related equipment, as well as provides installation and service work. Domestically, Torishima Manufacturing, Kyushu Torishima, and Shintoboh operate this business.

Internationally, numerous overseas bases including Torishima Pump Hong Kong Limited and PT. TORISHIMA GUNA INDONESIA operate the pump business. These bases provide products and services tailored to regional needs, strengthening the company's competitive position in global markets.

The Environment & New Energy Business manufactures and sells environmental equipment and plans, manufactures, and sells recycled waste products. The company also handles sales and installation of small hydroelectric power generation systems, as well as electricity supply operations. Domestically, Torishima Manufacturing leads this business, with affiliated company Hizen Wind Energy Development participating.

Torishima Manufacturing is pursuing a carbon-neutral society by 2050 through its "2050 Long-Term Vision and 2024 Medium-Term Management Plan -Beyond110-". This plan is structured in three phases: HOP, STEP, and JUMP, with the company currently in the STEP phase. Through initiatives at each stage, the company aims to contribute to sustainable social development and enhance corporate value.

The company is addressing energy challenges toward realizing a decarbonized society. It is pursuing higher pump efficiency to reduce power consumption and CO2 emissions. In fiscal 2024, the company developed the "Super Eco Pump (SEP)" and won the Energy Conservation Award. It is also advancing development of pumps for liquefied ammonia and liquefied hydrogen, and has entered the pump market for CO2 separation and recovery processes.

The company is also focused on building a safe and secure society. Through large-scale, high-pressure pumps, it supports water and electricity infrastructure and holds strong competitive advantages in pumps for seawater desalination plants. The company has developed pumps for climate change mitigation and contributes to disaster reduction and prevention. These technologies have been adopted in projects by the Ministry of Land, Infrastructure, Transport and Tourism and have received high recognition.

The company is advancing the development of new manufacturing and services utilizing data and AI. To address labor shortages from an aging and declining population, it sells the rotating machinery monitoring system "TR-COM," which has been certified as a smart safety technology. Development of explosion-proof specifications is underway, with cumulative sales exceeding 20,000 units.

Torishima Manufacturing has set targets for fiscal 2029 of "revenue of 100 billion yen, operating profit margin of 10% or higher, and ROE of 10% or higher." The company is advancing product and service sophistication and strengthening its business foundation in global markets to pursue sustainable corporate value enhancement. The company is preparing consolidated earnings forecasts for fiscal 2025 while adapting to external uncertainties.

As a key priority for fiscal 2025, the company is focusing on strengthening "manufacturing capabilities" to improve operating profit margin. It is enhancing responsiveness in the design process and expanding production capacity while adopting front-loading principles. The company is also strengthening its service business, designating the Middle East as a priority region and expanding service capabilities. Through these efforts, the company aims to expand orders for high-margin after-sales services.