SANDEN CORPORATION (6444) Stock Price

Sanden is primarily engaged in the manufacturing and sale of automotive equipment and other products. The company operates through a corporate structure consisting of 3 parent companies, 30 subsidiaries, 8 affiliated companies, and 2 other related entities. This structure enables the company to leverage a global network and provide diverse products and services.

Sanden's automotive equipment business focuses on automotive air conditioning systems, compressors, and automotive heat exchangers. Specific products include car air conditioning compressors, air conditioning indoor units, engine heat exchangers, and air conditioning heat exchangers. These products are supplied to automobile manufacturers worldwide.

The company's major manufacturing and sales bases are located across the United States, Europe, and Asia. These include SANDEN INTERNATIONAL (U.S.A.), SANDEN INTERNATIONAL (EUROPE) GmbH, SANDEN MANUFACTURING EUROPE S.A.S., SANDEN MANUFACTURING POLAND SP.Z O.O., SANDEN INTERNATIONAL (SINGAPORE) PTE.LTD., SANDEN THAILAND CO., LTD., SANDEN VIKAS (INDIA) LIMITED, Tianjin Sanden Automotive Air Conditioning Co., Ltd., and Sanden (China) Automotive Air Conditioning Co., Ltd.

In other business segments, the company manufactures residential water heating and environmental equipment. A representative product is the Eco Cute heat pump water heater. These products provide energy-efficient solutions with environmental consideration. Manufacturing and sales are conducted by Sanden headquarters, SANDEN MANUFACTURING EUROPE S.A.S., and SANDEN INTERNATIONAL (AUSTRALIA) PTY,LTD.

Sanden aims to become "a global leader in automotive compressors and integrated thermal management systems." Under this vision, the company is transforming from a component supplier to a "full-solution system supplier." Based on its medium-term management plan announced in February 2024, Sanden is advancing initiatives to achieve sustainable growth.

Sanden's medium-term management plan "SHIFT2028" covers a five-year period from 2024 to 2028. The plan targets revenue of 300 billion yen and operating profit of 9 billion yen. As a basic policy, the company focuses on the new energy vehicle (NEV) market and aims to provide integrated thermal management system solutions that combine competitiveness and flexibility, centered on electric compressor product capabilities.

The company pursues growth through six priority strategies. These include strengthening sales to European global OEMs, capturing growth in the Chinese market, intensifying investment in the North American market, promoting product platform standardization, optimizing global production layouts, and enhancing human resource development. Through these initiatives, Sanden aims to expand market share and improve competitiveness.

Additionally, Sanden is focusing on acquiring new business opportunities through area-based strategies, technology development, and advancing sustainability activities. Through these efforts, the company aims to achieve stable growth even in uncertain market conditions while continuing to enhance competitiveness and maintain flexible responses.