MIRAI INDUSTRY CO.,LTD.【JP:7931】Stock Price

Mirai Industrial has three main business segments: electrical materials and piping materials, wiring devices, and other businesses. These operations are conducted by the company and its seven subsidiaries.

In the electrical materials and piping materials business, Mirai Industrial manufactures and sells products. Mirai Seiko supplies molds for resin molding, while Mirai Kasei provides resin raw materials. Mirai Transport handles product transportation, and Mirai Giken provides architectural design supervision and construction services.

The wiring devices business is operated by Jimbo Electric, which manufactures and sells electrical wiring-related equipment and components for residential and commercial facilities.

The other businesses include Mirai Seiko's manufacturing and sales of labor-saving machinery and resin molding molds. Mirai Transport operates transportation services, Mirai Giken provides construction services, and Mirai Kasei sells resin raw materials. Additionally, Mirai Communication Network operates telecommunications services, and Amix Com operates cable television services.

Mirai Industrial upholds "Always Think" as its corporate philosophy, aiming to provide user-friendly products. The company pursues business expansion through new product development, rapid customer response, emphasis on employee initiative and creativity, and contribution to local communities. Additionally, the company is strengthening the foundation of group companies and pursuing growth by leveraging operational efficiency and distinctive competitiveness.

The company has set an operating profit margin target of 12% on sales and aims to improve profitability across all business segments. To achieve this target without relying on any single business, the company is advancing operational efficiency. This approach supports sustained revenue growth and maximization of corporate value.

Against the backdrop of a challenging operating environment in the residential construction industry, Mirai Industrial is advancing efficiency measures while continuing to pursue distinctive competitiveness and develop products tailored to customer needs. This strategy enables the company to survive in a highly competitive market and improve business performance. The company is particularly focused on the electrical materials and pipe materials business and the wiring devices business.

The company identifies product portfolio expansion and brand awareness enhancement in the electrical materials and pipe materials business as key priorities. Revenue growth will be achieved through the introduction of innovative new products and review of existing products. In the wiring devices business, the company is advancing product development emphasizing safety and efficiency, offering next-generation solutions.