NITCHITSU CO.,LTD.【JP:7021】Stock Price

Nichitsu operates primarily across four business segments. In machinery-related operations, the company designs and manufactures marine equipment and air preheaters, along with general industrial machinery. It also handles the fabrication, installation, construction, and supervision of plant-related equipment and machinery. The affiliated company Minx Corporation provides computer information processing services, various copying services, and OA equipment sales, with Nichitsu receiving these supplies and services.

In resource-related operations, Nichitsu manufactures, procures, and sells high-silica products such as refined silica powder. This segment contributes to various industries by providing high-quality silica products.

In real estate operations, Nichitsu leases office buildings. Building management is outsourced to external parties to ensure efficient operations. This segment serves as a stable revenue source.

Finally, in materials-related operations, Tokyo Netsu Kagaku Kogyo Corporation manufactures and sells heat-resistant coatings. Sansenki Kogyo Corporation handles the procurement, processing, and sale of Linatex (high-purity natural rubber), as well as the manufacturing and sale of fabricated tanks and machinery. Nichitsu receives product supplies and services from these affiliated companies.

Nittetsu aims to realize its corporate mission through its medium-term management plan "Shin-Nittetsu 2025," formulated in May 2023. The plan strengthens operational capabilities through aggressive investment and promotes expansion into new business areas. This approach seeks to rebuild the management foundation while contributing to business partners and local communities, ultimately enhancing corporate value.

Nittetsu's growth strategy consists of three main pillars. First, concentrated investment in production equipment improves safety and productivity, enhancing competitiveness in current operations. Second, accelerated investment in human resources increases employee engagement and strengthens overall corporate competitiveness. Third, the company pursues decarbonization and environmental initiatives as new business areas, seeking synergies with existing operations.

Nittetsu prioritizes "operating profit," "operating profit margin," and "net income" as key management indicators. The medium-term management plan also incorporates return on equity (ROE) and return on invested capital (ROIC), promoting capital-conscious planning. These measures aim to achieve sustained growth and establish a stable management foundation.

Nittetsu focuses on improving project profitability and productivity in its machinery-related business. In the marine equipment division, the company is strengthening production systems to address increased project volume and labor shortages. In the resources-related business, it is expanding production equipment and promoting overseas production outsourcing to meet growing demand for high-value-added products. Through these initiatives, the company seeks to realize sustained growth.