NANSIN CO., LTD. (7399) Stock Price

Market cap
¥4.5B
P/E ratio
12.9x
Manufactures and sells casters and hand trucks across Asia, with key production and sales operations in Japan, Malaysia, and China.

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Business Overview

Nansin is a company whose primary business is the manufacturing and sales of casters and hand trucks. The company operates centered on these products and forms a corporate group with related subsidiaries. Nansin's business has reporting segments established particularly in Malaysia and China.

Nansin's consolidated subsidiary includes NANSIN (MALAYSIA) SDN.BHD. This subsidiary is located in Malaysia and engages in the manufacturing and sales of casters. It plays an important role in both manufacturing and sales operations.

Additionally, in China, the company has a subsidiary called Nanxing Logistics Equipment (Suzhou) Co., Ltd. This subsidiary handles the manufacturing and sales of casters and hand trucks in China. It also holds an important position in both manufacturing and sales.

Management Policy

Nanshin is a manufacturer and distributor of casters and hand trucks, operating globally through affiliated subsidiaries. The company maintains significant reporting segments in Malaysia and China, where it is strengthening local manufacturing and sales operations.

The company operates under the management philosophy of "contributing broadly to society through developing people and creating quality products." It aims to enhance customer satisfaction and corporate value. To fulfill its responsibility as a sustainable enterprise, the company prioritizes the provision of products and services that benefit society.

Nanshin's growth strategy focuses on rebuilding its management foundation and investing in growth. Through selective concentration, the company directs management resources toward products that leverage its strengths to improve customer satisfaction. It also pursues improved profitability through cost reduction and appropriate price adjustments.

As part of growth investments, the company is strengthening its new product development capabilities and promoting the creation of products demanded by society. Additionally, it is expanding overseas operations centered on ASEAN and advancing customer development in industrial sectors. The company is also investing in human resource development to build a robust talent pipeline for the next generation.

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