AIRMAN CORPORATION (6364) Stock Price

AIRMAN's primary business is the manufacturing and sales of construction machinery and industrial machinery. Specifically, the company provides construction equipment such as engine compressors, engine generators, and aerial work platforms. These products are manufactured and sold by AIRMAN itself and its affiliated companies.

In the construction machinery business, subsidiaries EN System Co., Ltd., Foundry Co., Ltd., AIRMAN USA CORPORATION, and affiliated company Shanghai Fusheng Airman Electromechanical Co., Ltd. handle manufacturing and sales. Additionally, subsidiaries ASC Co., Ltd., HOKUETSU INDUSTRIES EUROPE B.V., and AIRMAN ASIA SDN.BHD. are responsible for sales.

In the industrial machinery business, motor compressors and emergency power generators are the main products. AIRMAN and subsidiary Foundry Co., Ltd. manufacture and sell these products, while ASC Co., Ltd. handles sales. Through this structure, AIRMAN offers a diverse product lineup to meet varied customer needs.

AIRMAN is committed to contributing to society and enhancing corporate value based on its management philosophy. The company prioritizes customer-first principles and focuses on management innovation and technological development from an international perspective. All employees follow the company's action guidelines, emphasizing quality and environmental policies while addressing a wide range of customer needs through its business activities.

Under the medium-term management plan "Medium-Term Vision 2024," AIRMAN achieved growth in sales and operating profit through strengthened partnerships with distributors in the North American market and benefits from yen depreciation. Domestically, the company expanded its motor compressor market share to 15%, though concerns remain about shrinking markets for key products.

The new "Medium-Term Vision 2027" aims to expand transactions in the North American market and increase production capacity, while strengthening AIRMAN's presence in Oceania and Asian markets. Domestically, the company will strengthen its focus on industrial machinery applications and improve profitability by addressing customer management and maintenance service demand.

As a financial strategy, AIRMAN assumes a cost of capital of 9% and has set an ROE target of 12% or higher for the fiscal year ending March 2028. Under its cash allocation policy, the company will maintain appropriate levels of cash and deposits while restructuring its business portfolio and investing for growth, with the aim of returning value to shareholders.

AIRMAN will respond to changes in domestic and international economic conditions and pursue sustained enhancement of corporate value based on its core technologies. The company is advancing initiatives to achieve long-term vision through strengthened product offerings and growth in both domestic and international markets.