CENTRAL AUTOMOTIVE PRODUCTS LTD. (8117) Stock Price

Chuo Auto Industries' primary business includes wholesale distribution, import/export, and manufacturing/sales of automotive parts, supplies, and accessories. The company operates globally through 12 subsidiaries and 3 affiliated companies.

In the automotive parts and supplies sales business, Chuo Auto Industries develops, sells, and handles import/export of automotive parts, supplies, and accessories. This allows the company to provide a wide range of products to domestic and international markets.

Consolidated subsidiaries include Central Auto Industries Co., Ltd., which manufactures and sells automotive supplies. Additionally, CAPCO PTE LTD and CAPCO USA, INC. handle sales and import/export of automotive parts and supplies in Singapore and the United States, respectively.

Non-consolidated subsidiaries include Guangzhou Xin Te Lu Information Technology Consulting Co., Ltd. in China and Capco Middle East FZCO in the UAE, both engaged in sales and import/export of automotive parts and supplies. These operations support market expansion in Asia and the Middle East.

Affiliated companies include Ishikawa Toyota Corolla Co., Ltd., which sells new and used vehicles, and Ace International Trade Co., Ltd., which handles import and sales of automotive supplies.

In the vehicle disposal business, consolidated subsidiary ABT Co., Ltd. manages the disposal of total-loss vehicles designated by insurance companies. This strengthens partnerships with the insurance industry and enables efficient vehicle disposal operations.

Chuo Auto Industry's corporate mission is to create an environmentally friendly, safe, and enriching automotive lifestyle while contributing to society. The company's fundamental strategy is to anticipate latent customer needs and generate demand through the development of new products and services. Additionally, the company prioritizes human resource development as it works toward becoming a trusted corporate group.

The company's growth strategy focuses on pursuing technological innovation and establishing itself as a unique development-oriented enterprise. It emphasizes allocating management resources to its strongest divisions and new business development to build a foundation for the future. The company also aims to strengthen on-site visits and information gathering to anticipate latent market needs.

Under its medium-term management plan, the company is pursuing business expansion through M&A, new ventures, and investments in startup companies, positioning itself as "the best partner in future mobility society." The company is also focusing on corporate branding to enhance enterprise value.

In its automotive parts and supplies sales business, the company is advancing community-focused sales operations while strengthening the expansion of high-value-added products and the development of new business partners. It is promoting system integration and cloud-based management while intensifying proposal activities for new market development.

In its automotive recycling business, the company is building an efficient and stable operational structure while expanding its sustainable business model. Through these efforts, the company aims to improve operational efficiency and enhance enterprise value.