SHIGEMATSU WORKS CO.,LTD. (7980) Stock Price

Market cap
¥6.4B
P/E ratio
7.7x
Shigematsu Manufacturing makes and sells workplace safety gear like dust masks, chemical respirators, and breathing equipment for worker protection across Japan.

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Business Overview

Shigematsu Manufacturing Co., Ltd. primarily manufactures and sells occupational safety and health protective equipment. Specifically, the company focuses on respiratory protective equipment including dust masks, chemical respirators, and supplied air masks. The company also serves as the exclusive domestic distributor for self-contained breathing apparatus manufactured by Air Water Bousai Co., Ltd. Additionally, maintenance, inspection, and repair services for these protective equipment are part of the company's business operations.

Shigematsu Manufacturing operates independently without affiliated subsidiaries. The business is organized into three divisions: Research and Design, Production and Quality Assurance, and Sales and Shipping. The Research and Design division, based at the Technical Research Institute, conducts research and development on protective equipment including dust masks and chemical respirators. The division collects the latest information from domestic and international sources and works on developing new materials and manufacturing technologies.

The Production and Quality Assurance division manufactures products at two facilities located in Saitama and Funehiki. Operating under the motto "Better, cheaper, and faster products," the division introduces proprietary machinery and advanced technologies. While pursuing rationalization and labor efficiency improvements, the company delivers products with a focus on quality and performance.

The Sales and Shipping division maintains 13 sales offices nationwide, including the head office, to serve customers. Sales staff continuously improve their product knowledge and provide follow-up support after product adoption. Product shipping operations are handled at the Saitama facility and the West Japan Service Center.

Management Policy

Shigematsu Manufacturing is a specialized manufacturer of occupational safety and health protective equipment. For many years, the company has supplied respiratory protective equipment, including dust masks and chemical respirators. The company's mission is to protect the health and safety of workers while contributing to environmental protection. Its basic policy is to enhance corporate value and contribute to society through these efforts.

The company's medium-term management strategy emphasizes strengthened research and development and environmentally conscious technology development. To supply products that meet diverse user needs in a timely manner, the company focuses on resource conservation and energy efficiency. Additionally, the company is strengthening market competitiveness through improved productivity and quality, as well as cost reduction, while promoting operational rationalization and efficiency.

Shigematsu Manufacturing prioritizes improving ROE (return on equity) and aims to achieve 10% or higher. Even amid economic uncertainty, the company expects to maintain steady orders driven by demand for infectious disease and disaster preparedness measures, as well as social infrastructure development. The addition of target substances in chemical risk assessments also supports demand for protective equipment.

The company is committed to stable product supply and new product development, fulfilling its social responsibility as a specialized occupational safety and health protective equipment manufacturer. Through these efforts, the company aims to continue meeting user needs and contributing to society.

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