ISHIHARA SANGYO KAISHA, LTD. (4028) Stock Price

Market cap
¥121.4B
P/E ratio
8.8x
Ishihara Sangyo manufactures and sells chemical products including pesticides, pharmaceuticals, and titanium dioxide through global subsidiaries serving agricultural, healthcare, and industrial markets.

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Business Overview

Ishihara Sangyo operates three main business segments: organic chemicals, inorganic chemicals, and other businesses. Through these segments, the company manufactures and sells a diverse range of chemical industry products.

In the organic chemicals segment, Ishihara Sangyo handles pesticides, veterinary pharmaceuticals, pharmaceuticals, and organic intermediates. Pesticides are sold domestically through Ishihara Bioscience and internationally through ISK BIOSCIENCES EUROPE N.V. and ISK BIOSCIENCES CORP., which oversee their respective regions. Veterinary pharmaceuticals are manufactured and sold in the United States by ISK ANIMAL HEALTH, LLC.

In the inorganic chemicals segment, Ishihara Sangyo manufactures and sells functional materials and titanium dioxide. These products are manufactured in cooperation with Fuji Titanium Industry and MF Material, and are sold domestically and internationally. Taiwan Ishihara Sangyo handles the import and sale of these products.

The other businesses segment includes trading and construction operations. Ishihara Techno handles sales of Ishihara Sangyo's chemical products and procurement of raw materials, and also engages in the purchase and sale of general chemical industry products. Ishihara Engineering Partners constructs and repairs production facilities and undertakes plant construction projects for external clients.

Management Policy

Ishihara Sangyo's corporate purpose is to contribute to a better living environment through chemical technology. Based on this philosophy, the company prioritizes contributions to society, life, and the environment, while valuing shareholders, customers, local communities, and employees as a fundamental policy. The company also emphasizes compliance and transparent management.

The company has established a long-term vision titled "Vision 2030" and is advancing its growth strategy toward 2030. Under this vision, the company has adopted the theme "Innovation, Acceleration, Global. Changing lives through the power of chemistry." It aims to secure consolidated operating profit of 240 billion yen or more and a stable ROE of 10% or higher. Continued shareholder returns are also an important objective.

The medium-term management plan "Vision 2030 Stage II" is based on strengthening original research and technology development capabilities, accelerating globalization, promoting ROIC-focused management, and continuing stable shareholder returns. Through these initiatives, the company is advancing the strengthening of its business foundation and reform of its business structure to create sustainable corporate value.

In the organic chemicals business, the company aims to support food, health, and life by supplying proprietary products that directly enhance customer value. In the inorganic chemicals business, the company aims to create new value based on titanium oxide technology and support environmental and information society needs. Through these businesses, Ishihara Sangyo is contributing to the realization of a sustainable society.

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