F.C.C.CO.,LTD. (7296) Stock Price

Market cap
¥179.3B
P/E ratio
13x
FCC manufactures clutch products for motorcycles, cars, and other vehicles while also operating in environmental and energy sectors through 23 companies worldwide.

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Business Overview

FCC has three main business segments: two-wheeled vehicles, four-wheeled vehicles, and non-mobility. These operations are conducted through the company and its 22 subsidiaries and 1 affiliated company.

In the two-wheeled vehicle business, FCC manufactures and sells clutch products for motorcycles, scooters, and ATVs (buggies). The company also handles products in the EV/CASE sector. Key affiliated companies include PT. FCC PARTS INDONESIA (Indonesia).

In the four-wheeled vehicle business, FCC manufactures and sells clutch products for manual and automatic transmission vehicles. This segment also includes EV/CASE products. Key affiliated companies include FCC (INDIANA), LLC (United States) and FCC AUTOMOTIVE PARTS DE MEXICO, S.A. DE C.V. (Mexico).

In the non-mobility business, FCC manufactures and sells products in the environment and energy sectors, and provides related services. Key affiliated companies include Kyushu FCC Co., Ltd. and FCC (PHILIPPINES) CORP. (Philippines).

Management Policy

FCC is committed to contributing to society through innovative ideas and technology, aiming for sustainable growth. The company is particularly focused on driving business transformation to respond to electrification and digital technology advancement, thereby creating new value and enhancing sustained corporate value.

From fiscal 2023 to 2025, FCC is executing its medium-term management plan titled "Second Founding: The New FCC," which centers on transforming its business structure and strengthening its management foundation. Centered on its core clutch business, the company is achieving sales and operating profit targets ahead of schedule while accelerating growth in the mobility sector.

In the two-wheeler business, FCC has achieved over 70% market share in India and is advancing further sales expansion and high-value-added technology deployment. The company has begun mass production of electric core components and aims to expand production bases in India and Southeast Asia. It is also advancing partnerships with Vietnamese EV manufacturers.

In the four-wheeler business, FCC is responding to HEV and ICE demand in the US market through optimized production and sales expansion. The company is preparing for mass production of laminated motor cores in China while expanding orders in the US and Japan. It is also acquiring orders in the thermal management sector and expanding its business.

In the non-mobility business, FCC has begun mass production of ceramic setters for the semiconductor industry and is preparing for mass production of conductive additives for lithium-ion batteries. The company is promoting the convergence of core technologies and collaboration to create new businesses and drive further expansion.

FCC is advancing initiatives toward carbon neutrality. The company aims to reduce greenhouse gas emissions by 50% by fiscal 2030 and achieve carbon neutrality by 2050. It is promoting renewable energy utilization and installing solar power generation equipment at its facilities.

FCC is also strengthening human capital by creating an environment where diverse talent can demonstrate their abilities. Through enhanced employee engagement, diversity promotion, and talent development, the company is supporting sustainable growth and innovation creation, thereby realizing the new FCC.

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