SNTCORPORATION (E01289) Stock Price

Shin Nittan and its group companies are primarily engaged in the manufacturing and sale of forged products for automobiles and construction machinery parts, the manufacturing and sale of construction equipment and logistics equipment for construction and civil engineering projects, and building rental operations. These businesses are classified into four segments: forging, construction machinery, logistics, and real estate.

In the forging segment, Shin Nittan manufactures and sells forged products for automobiles and construction machinery parts, as well as provides machining services for forged products. This segment includes Chubu Forging Co., Ltd., Seitan Co., Ltd., and Siam Metal Technology Co., Ltd., each engaged in the manufacturing, sale, and processing of forged products.

In the construction machinery segment, Shin Nittan provides sales and leasing of construction equipment for construction and civil engineering projects, while its subsidiary NKK Co., Ltd. handles the manufacturing of this equipment.

In the logistics segment, Shin Nittan sells logistics equipment, with NKK Co., Ltd. supporting manufacturing and sales operations.

In the real estate segment, Shin Nittan conducts building rental and management operations, and also engages in electricity sales from solar power generation utilizing idle land.

Through these business activities, the Shin Nittan Group provides products and services to diverse industries, with each segment operating in coordination with one another.

Shin Nippon Forging (Shinnittan) and its group companies operate with the management philosophy of "contributing to society by consistently creating new value with passionate commitment." The company conducts forging as its core business and provides products and services that support social infrastructure through diverse operations, including manufacturing and sales of forged components for automobiles and construction machinery, construction equipment and logistics machinery for construction and civil engineering projects, and building rental services.

Under its medium-term management plan (fiscal year ending March 2023 through March 2025), the company prioritizes agile response to environmental changes and embraces challenges. It aims to address the electrification of the automotive market, advancing globalization, and accelerated technological development. Key focus areas include contributing to carbon neutrality, strengthening national resilience, supporting factories and logistics sectors requiring labor-saving and workforce reduction measures, and contributing to balanced development across Asia.

The group emphasizes creating synergies across group companies and maintains management policies centered on remaining an agile and flexible enterprise, coexisting with the environment, maximizing the group's comprehensive capabilities, and pursuing speed and efficiency. Based on these policies, the company actively considers M&A, capital and business partnerships, and joint research and collaboration to improve capital efficiency.

The medium-term plan positions this period as the "first step" for creating new value and realizing the management philosophy. Key themes include coexisting with the environment, contributing to social infrastructure development, and addressing labor-saving needs and logistics infrastructure improvements amid population decline. The company will address environmental issues through carbon-neutral initiatives in production processes and involvement in renewable energy sectors.