ISE CHEMICALS CORPORATION【JP:4107】Stock Price

Ise Chemical Industries is part of a group that includes its parent company AGC Corporation and its consolidated subsidiary Woodward Iodine Corporation. The company conducts transactions with AGC Corporation involving the sale of iodine and natural gas, as well as the purchase of raw materials. Additionally, it engages in transactions with Mitsubishi Corporation, a major shareholder, regarding iodine sales and raw material procurement.

Ise Chemical Industries' business is divided into two main segments: "Iodine and Natural Gas Business" and "Metal Compounds Business." In the iodine and natural gas business, the company produces iodine from underground brine as its primary raw material using the blow-out method. Iodine is sold not only domestically in Japan but also in North America, Europe, and Asia. The company also manufactures and sells iodine compounds using iodine as a raw material.

Natural gas is extracted from underground brine, which is the primary raw material for iodine, and is sold to regions including the Outer Chiba area in Chiba Prefecture, the Sato area in Miyazaki Prefecture, and gas sales companies in the United States. Sales prices fluctuate based on global energy prices, though distribution channels are regionally concentrated.

In the metal compounds business, Ise Chemical Industries manufactures and sells metal compounds such as nickel chloride. The technical strength of this business lies in its use of extraction agents to remove impurities and produce high-purity metal compounds.

Ise Chemical Industries is guided by a management philosophy that emphasizes technological innovation and creative problem-solving to contribute to scientific and economic development. The company pursues customer satisfaction in specialty chemicals materials and processing, aiming to become a trusted enterprise. It also prioritizes respecting employees' individuality and capabilities, providing a workplace environment where staff can take pride in their work.

The company's growth strategy prioritizes safe and stable operations in its iodine and natural gas businesses, with active maintenance and upgrades of existing facilities. It continues developing new wells to expand supply capacity while improving manufacturing process efficiency and recycling performance. Through these efforts, the company aims to contribute to achieving a carbon-neutral society.

In the metal compounds business, the company is strengthening its production capacity to meet growing demand for multilayer ceramic capacitors (MLCCs). By deepening collaboration with customers and reducing costs, it is enhancing competitiveness. New product development and new business creation are urgent priorities, with the company accelerating development speed through industry-academia partnerships and collaborations with external research institutions.

Ise Chemical Industries is pursuing sustainable management and stable growth to meet shareholder expectations. The company has set financial targets of EBITDA of 7 billion yen or more and ROE of 10% or more, continuing aggressive capital investment. Through these initiatives, the company aims to expand the overall market size of its businesses and achieve long-term growth.