Nittetsu Mining CO.,Ltd. (1515) Stock Price

Nippon Steel Mining has four main business segments: resources, machinery and environment, real estate, and renewable energy. These operations are conducted through Nippon Steel Mining and its 32 subsidiaries, along with 3 affiliated companies.

The resources business is divided into two divisions: minerals and metals. The minerals division handles mining and sales of processed mineral products, including limestone and silica stone extraction and sales. The metals division sells electrolytic copper and other commissioned smelting products.

The machinery and environment business sources and sells mining and construction machinery, electrical equipment, and water treatment chemicals. It also manufactures and sells crushers and electrical equipment, as well as manufactures, sells, and services transport machinery.

The real estate business conducts buying and selling, leasing, appraisal, and management of properties. Through this segment, Nippon Steel Mining has entered the real estate market and pursues diversified business operations.

The renewable energy business supplies and sells geothermal steam for power generation, and generates and supplies electricity from solar power. Through this segment, the company aims to provide sustainable energy solutions.

Nippon Steel Mining has continued to grow centered on its resource business. Going forward, the company will prioritize resource development and stable supply, aiming to provide high-quality resources that meet society's needs. Through its machinery and environmental business, real estate business, and renewable energy business, the company is committed to achieving sustainable growth and contributing to shareholders and local communities.

The company has formulated its Third Medium-Term Management Plan covering fiscal years 2024 through 2026, targeting sustainable growth as a "comprehensive resource company" by fiscal year 2033. Specifically, the company aims to ensure stable resource supply, develop new resources, and enhance the value of mineral resources, with a target return on invested capital (ROIC) of 7% or higher.

In the resource business, the company will optimize production and sales operations at Toriyamagata Mine and expand the domestic and international limestone market. In the metals division, the company is advancing development of the Arcelos Mine, targeting operations to begin in fiscal year 2026. The company is also focusing on securing and developing new mineral resources, including copper.

In the machinery and environmental business, the company will pursue new customer acquisition for Polytetus and diversify raw materials, targeting market expansion in Taiwan and Vietnam. In the machinery division, the company will strengthen competitiveness and expand sales channels domestically and internationally. Through these initiatives, Nippon Steel Mining is working to achieve sustainable growth.