SINKO INDUSTRIES LTD. (6458) Stock Price

Market cap
¥93.9B
P/E ratio
12.8x
Shinko Industries manufactures and sells air conditioning equipment and fan coil units, while also providing building management and facility services across Japan and Asia.

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PBR

Business Overview

Shinko Industries' primary business is the manufacturing and sales of air conditioning equipment. The company manufactures and sells air conditioning units and fan coil units, and also handles related construction work. Additionally, the company operates a building management business, providing facility management and cleaning services for buildings.

The company's operations are organized by region. In Japan, it manufactures, sells, and installs air conditioning equipment, undertakes air conditioning construction projects, and manufactures and sells building materials. Shinko Atmos Corporation handles the design, installation, and sales of air conditioning and fire suppression equipment, as well as maintenance and inspection services.

Japan BAC Corporation sells ice thermal storage systems and cooling towers. Chiyoda Building Management Corporation provides comprehensive facility management and various cleaning services for buildings. These subsidiaries work together to support the company's domestic market operations.

In the Asia region, Shanghai Shinko Air Conditioning Equipment Co., Ltd. handles the manufacturing and sales of air conditioning equipment in China. In this way, Shinko Industries provides products and services tailored to different regional needs, strengthening its competitiveness in international markets.

Management Policy

Shinko Industrial Co., Ltd. operates under the management philosophy of "Rich creativity and quality to be proud of," with a basic policy of providing trust and satisfaction to customers and society. The company aims to expand building-related businesses with commercial air conditioning equipment as its core. In its medium-term management plan, the company pursues capital cost management as its axis, targeting ROE of 10% or higher and PBR of 1.0 or above, advancing management with a focus on capital efficiency.

The company addresses demographic decline and aging populations as well as climate change issues, pursuing sustainable growth through ESG management and SDGs initiatives. For the fiscal year ending March 2027, the company has set targets of 60 billion yen in consolidated net sales and 10 billion yen in consolidated operating profit, adopting capital cost management. Through these efforts, the company aims to achieve growth as a sustainable corporate group.

Shinko Industrial advances digitalization of manufacturing, sales, and product development centered on SINKO Scalable Architecture (SSA). The company is building efficient production systems through the adoption of 3D-CAD systems and production reservation systems utilizing AI technology. Additionally, improvements to logistics systems and new product development enhance business growth potential and profitability.

The company focuses on data centers, individual air conditioning, air conditioning installation and maintenance services, and renewable energy thermal storage and hydrogen cooling as growth areas. Demand for air conditioning equipment and cooling towers for data centers is increasing, and the company is strengthening personnel and opening experimental facilities to respond to this demand. Through these initiatives, the company is expanding its market presence domestically and internationally.

Shinko Industrial promotes ESG management, advancing environmental impact reduction and development of energy-efficient products. The company prioritizes human capital management, making efforts to create workplaces that leverage diversity and develop talent. Through these initiatives, the company aims to enhance corporate value and realize sustainable growth.

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