NISSIN KOGYO CO.,LTD. (E02235) Stock Price

Nissin Kogyo is a specialized manufacturer primarily engaged in the production and sale of automotive brake systems and components. The company handles a wide range of brake-related products for four-wheeled and two-wheeled vehicles, and also provides high-performance products utilizing cutting-edge technology, such as electronically controlled brake systems and safety devices. Additionally, the company operates related businesses including cutting tools.

The company has built a continuous and close business relationship with Honda Motor Co., Ltd., securing a stable order base. Products are manufactured and sold not only in Japan but also across North America, Asia, South America, and Europe, establishing a global supply network. The company operates 18 subsidiaries and 3 affiliated companies worldwide, conducting region-focused business operations.

Operations are primarily divided into four-wheeled vehicle components and two-wheeled vehicle components. For four-wheeled vehicles, the company manufactures a wide range of products from basic braking systems such as disc brakes and drum brakes to advanced safety technologies including electronic stability control and electric parking brakes. For two-wheeled vehicles, the company offers a product lineup that contributes to enhanced safety, such as linked front and rear brakes and anti-lock braking systems.

Nissin Kogyo is implementing its 14th Medium-Term Management Plan, which began in fiscal year 2020. The company's basic policy is to "build a solid corporate foundation to accelerate growth through technology and trust." Leveraging its long-established aluminum casting and braking technologies, Nissin Kogyo is advancing business operations focused on two universal societal needs: "environment" and "safety." The plan addresses four priority areas: raising safety and quality standards across operations, strengthening development capabilities for next-generation products, steadily improving profit structure, and advancing corporate culture through enhanced human resource management.

In priority investment areas, the company is focusing on developing high-value-added aluminum products that contribute to vehicle electrification and fuel efficiency improvements. Through strengthened development capabilities and manufacturing technology, Nissin Kogyo aims to further enhance quality and price competitiveness, establishing a global supply system for high-quality, cost-effective products. The company is also reinforcing its commitment to maintaining safety and quality at high levels—essential for a manufacturing company—through measures such as improving process quality assurance.

In new market development, the company is building a global framework to address societal needs such as vehicle electrification and autonomous driving, while preparing for a planned business integration. In the two-wheeler brake system business, Nissin Kogyo is developing and expanding high-value-added products such as CBS and ABS to comply with advanced brake application requirements, aiming to increase market share in growing markets. In the four-wheeler business, the company is expanding environment-focused business through development and sales expansion of regenerative cooperative braking systems—the core products of Nissin Brake Systems (made a subsidiary in February 2020) and Zhongshan Nissin Braking System Co., Ltd.

In technology innovation, the company is strengthening its new-value product development system for next-generation products to address what is called a once-in-a-century transformation in the automotive industry. Nissin Kogyo aims to continuously create products that meet customer and societal needs ahead of global changes, accelerating development of high-value-added aluminum products leveraging core technologies. The company is also making continuous investments in brake system technology innovation for both two-wheeler and four-wheeler businesses to contribute to enhanced safety and mobility services.