KANTO DENKA KOGYO CO.,LTD. (4047) Stock Price

Kanto Denka Kogyo operates across multiple business segments. In the basic chemicals business, the company manufactures and sells inorganic and organic chemical products. This segment provides foundational chemical products that support the infrastructure of various industries.

In the specialty chemicals business, the company handles specialty gases and battery materials. Working with Kanto Denka Fine Products Korea Co., Ltd., it sells products in South Korea and Taiwan. The company has also begun manufacturing and sales in China through Xuancheng Kedi Chemical Technology Co., Ltd., with plans to expand its product lineup in the future.

In the iron-based products business, the company manufactures and sells iron-based products such as iron oxides. Kanto Denka Fine Tech Co., Ltd. operates in this segment, providing iron-based products that support the use of iron across various industries.

In the trading business, Kanden Kogyo Co., Ltd. sells Kanto Denka Kogyo's products and procures raw materials. The company also handles the maintenance of specialty gas containers. This ensures smooth distribution and supply of products.

In the equipment business, Kamibikai Manufacturing Co., Ltd. undertakes chemical equipment-related construction projects. Kanto Denka Kogyo outsources equipment design, construction, and maintenance work to this company. This enables efficient operation of chemical industry equipment.

Through these business segments, Kanto Denka Kogyo meets the diverse needs of the chemical industry. Each segment works in coordination to strengthen product supply and service delivery both domestically and internationally.

Kanto Denka Kogyo is advancing a new medium-term management plan called "Dominate 1000" to achieve sustainable growth and build competitive strength. The plan originally targeted consolidated net sales of 10 billion yen by fiscal 2024, but in response to changing business conditions, the company has extended the final year by two years and revised the plan accordingly.

The company is expanding its business centered on specialty chemicals while reforming its business portfolio. Recognizing increased demand for specialty gases as an opportunity, it is diversifying manufacturing bases to establish a stable supply system. In the battery materials sector, the company will leverage its quality and technical expertise to capture demand in the US, European, and Japanese markets.

Additionally, the company is promoting ROIC-focused management and deploying business strategies with capital efficiency in mind. It aims to enhance corporate value through reducing policy-held shares and strengthening investor relations activities. Looking toward 2030, the company envisions becoming a "creative development-oriented company" that contributes to a sustainable society.

Kanto Denka Kogyo is also advancing initiatives toward carbon neutrality. Through growth in its specialty chemicals business, the company will reduce CO2 emissions and promote the adoption of renewable energy and development of environmentally conscious products. It targets a 50% reduction in CO2 emissions by fiscal 2030 compared to fiscal 2013 levels.