TPR CO .,LTD. (6463) Stock Price

TPR is a corporate group primarily engaged in the manufacturing and sales of automotive parts. Specifically, the company manufactures and sells engine components such as piston rings, cylinder liners, and valve seats, as well as automotive exterior parts, genuine replacement parts, and automotive-related equipment. These products play a critical role in enhancing engine performance and durability.

Additionally, TPR manufactures and sells industrial rubber components, resin products, and aluminum products. These products are used not only in the automotive industry but across various industrial sectors, supporting TPR's business diversification. The TPR Group operates globally with 46 subsidiaries and 12 affiliated companies both domestically and internationally.

TPR has contributed to realizing a clean, high-quality society by developing high-performance components and ensuring stable supply aimed at improving fuel efficiency and reducing weight in internal combustion engines, based on advances in power mechanisms. In recent years, the mobility sector is undergoing significant transformation due to electrification, multi-fuel technologies, and advances in CASE technology. TPR aims to support a beautiful and prosperous global society by responding to these changes and perfecting the "movement" of people, goods, and hearts.

TPR has formulated its three-year medium-term management plan "26 Medium-Term Plan" beginning April 2024, targeting further growth. This plan strengthens efforts toward carbon neutrality, maximizes profits from engine components, and promotes expansion into new business fields. In particular, by advancing technological capabilities in the powertrain sector and pursuing growth in frontier fields, TPR aims for sustainable growth and enhanced corporate value.

TPR is leveraging its technological expertise in the powertrain field to improve thermal efficiency in internal combustion engines and support carbon-neutral fuels. Additionally, TPR is strengthening cost competitiveness through digital transformation and optimizing global production allocation. These efforts aim to improve profitability and realize industry-leading manufacturing.

In frontier fields, TPR is actively developing rubber and resin businesses, EV-related products, and nano-materials as priority areas. In particular, TPR is strengthening development and sales operations in China, an EV-advanced market, and advancing global business expansion. TPR is also expanding growth areas through investments and M&A in companies expected to create synergies.

TPR is promoting quality excellence to improve product and service quality. The company prioritizes employee health and safety, strengthening business continuity planning (BCP) and information security. TPR is also accelerating management foundation strengthening through enhanced corporate governance and compliance, as well as business reforms using digital transformation methods.

As part of sustainability efforts, TPR promotes diversity and inclusion, advancing human rights respect and work style reforms. Through environmentally friendly product development and promotion of reduce, reuse, and recycle initiatives, TPR aims to achieve carbon neutrality by 2050, contributing to a sustainable society.