FUTABA INDUSTRIAL CO., LTD. (7241) Stock Price

Futaba Industries' main business includes manufacturing and selling automotive parts, environmental equipment components, and external sales equipment. The company operates through 20 consolidated subsidiaries and 3 affiliated companies. Toyota Motor Corporation is a major customer and lists Futaba Industries as an affiliated company.

Futaba Industries' operations are organized by region. In Japan, the company manufactures and sells automotive parts, environmental equipment components, and external sales equipment. Key affiliated companies include Futaba Kyushu. In North America, the company manufactures and sells automotive parts through major affiliated companies such as Futaba North America E&M, FIC America, and FIO Automotive Canada.

In Europe, the company also manufactures and sells automotive parts, with Futaba Manufacturing UK and Futaba Czech as major affiliated companies. In the Chinese market, Shuangye (Tianjin) Enterprise Management, Tianjin Shuangye Xiaozhang Machinery, and Guangzhou Shuangye Automotive Components handle the manufacturing and sales of automotive parts.

In the Asia region, FMI Automotive Components and Futaba Industrial Indonesia manufacture and sell automotive parts. Through this regional business expansion, Futaba Industries strengthens its competitiveness in global markets.

Futaba Industries has established a growth strategy centered on realizing "environmental sustainability," "safety and security," and "enriched living." The company aims to enable all employees to demonstrate their capabilities and challenge the entire group to create new value. Through these efforts, the company seeks to contribute to a sustainable society.

In its medium-term management plan, the company positions fiscal years 2025 through 2027 as a period of growth investment. Specifically, the company is expanding sales in its body parts business and developing new systems to meet electrification needs in its exhaust systems business. Additionally, early commercialization of new businesses and expansion of operations in the Indian market are key initiatives.

Futaba Industries is working to strengthen profitability with a target operating margin of 5%. The company is also promoting employee engagement and health management to support employee success. These efforts aim to enhance the company's overall competitiveness.

Achieving carbon neutrality is also an important goal. By fiscal year 2030, the company aims to reduce CO2 emissions from its global factories by 50% or more compared to fiscal year 2019 levels. In Japan, the company continues its efforts to achieve carbon neutrality by 2030.

As a financial strategy, the company operates with awareness of capital costs and stock price, aiming to improve its PBR. Through this approach, Futaba Industries seeks to strengthen its global management and earnings base and become a sustainable enterprise. The company is also focusing on digitalization and manufacturing innovation.