PACIFIC INDUSTRIAL CO.,LTD. (E02178) Stock Price

Pacific Industrial Corporation operates three main business segments. First, in the Press and Resin Products division, the company manufactures and sells press products utilizing advanced molding technology for ultra-high-tensile materials that achieve both lightweight design and high strength. The division also produces resin products incorporating film decoration and soundproofing/vibration-damping technologies, as well as press molds and resin molds.

Second, the Valve Products division focuses on tire valves, valve cores, and air-conditioning valves, while also supplying valve products for aircraft, industrial machinery, and the energy sector. The company also manufactures TPMS (Tire Pressure Monitoring System) products, which are mandated by law in countries worldwide. Many of these products hold leading global market shares and are distributed internationally.

In addition, Pacific Industrial develops and sells IoT products and applications, combining products with IoT and AI technologies. The company also engages in the development and sale of products utilizing recycled materials and recyclable products, as well as providing general insurance agency services. Through these initiatives, the company contributes to the realization of a sustainable society.

Taiheiyo Industry Corporation aims to create new value by leveraging the diverse capabilities of its workforce during a period of transformation in the mobility sector. In April 2023, the company announced its purpose statement "Creating Tomorrow with Commitment," along with its long-term management vision "Beyond the OCEAN" and medium-term management plan "NEXUS-26." Through these initiatives, the company is working toward becoming an enterprise that contributes to the realization of a sustainable society.

"Beyond the OCEAN" leverages the company's technological expertise, operational capabilities, trusted brand, and No. 1 market share as foundations for three core strategies: balanced growth in sales and profits, value creation through diverse technologies, and integration of sustainability with management. The company particularly emphasizes creating an environment where employees can pursue new value creation, and generating both financial and non-financial value through advanced technology and digital tools.

The medium-term management plan "NEXUS-26" is built on a human resources strategy foundation, focusing on deepening existing customer relationships and expanding into new markets. In the press business, the company is developing new products for electric vehicles. In the resin business, it is strengthening production capacity for battery electric vehicle (BEV) applications. In the valve business, it is advancing development of valves for electric vehicles, while new business divisions are developing products that address social challenges.

As a financial strategy, the company has set ROE targets to improve capital efficiency. Operating cash flow serves as the source for strategic investments and shareholder returns, with capital-conscious investment practices. Additionally, the company is advancing sustainability-focused management and managing business risks to reduce capital costs.

Taiheiyo Industry is pursuing sustainable growth by integrating sustainability with management operations. The company targets increased revenue from electric vehicle applications and the launch of new products and services, while improving sustainability value through enhanced employee engagement and CO2 emission reductions.