HARIMA CHEMICALS GROUP, INC. (4410) Stock Price

Harima Chemicals Group operates as a holding company, formulating and implementing overall group management strategy while overseeing the management of operating subsidiaries. Through this role, the group supports the growth and development of the entire organization.

In the Resins and Chemical Products business, the group manufactures and sells coating resins, printing ink resins, emulsifiers for synthetic rubber, adhesive resins, and tall oil products. These products are used in protecting buildings and ships, commercial printing, and manufacturing automotive tires.

In the Paper Chemicals business, the group manufactures and sells paper strength enhancers, sizing agents, and coating and barrier coat agents. These products contribute to improving the strength of cardboard and paper, providing water resistance, and enhancing printability.

In the Electronic Materials business, the group manufactures and sells soldering materials, functional resins for semiconductors, and brazing materials for heat exchangers. These products are used in automotive electronic equipment, home appliances, personal computers, and 5G communications.

The Roter business operates facilities in eight countries worldwide, manufacturing and selling adhesive resins, printing ink resins, emulsifiers for synthetic rubber, and road marking paint resins. This global presence strengthens the group's competitiveness in international markets.

Other businesses include real estate management, golf course and hotel operations, and manufacturing and sales of industrial detergents and food products. These diversified operations establish a stable revenue base for the group.

Since its founding in 1947, the Harima Chemicals Group has continued to grow as a leading company in pine chemicals. Under its medium-term management plan "NEW HARIMA 2026," the company is strengthening its business foundation and expanding its business domains. The group is particularly focused on expanding overseas operations and enhancing competitiveness in the semiconductor market.

The company achieved sales of 101 billion yen and operating profit of 2 billion yen by fiscal year 2024, and aims for sales of 110 billion yen and operating profit of 7 billion yen by fiscal year 2026. This plan will raise the operating profit margin to 6.4%. The company also targets a return on equity (ROE) of 10.0% by fiscal year 2026, aiming to improve capital efficiency.

As part of its growth strategy, Harima Chemicals Group is advancing research and development for new businesses and growth areas. The company is particularly focused on developing environmentally compatible products and high-performance products, while advancing research in semiconductor-related materials and lithium-ion secondary batteries. Through these efforts, the company aims to create new market opportunities and achieve sustainable growth.

The group is also actively promoting digital transformation (DX) through digital technology. It is advancing the development of digital talent and digitalization of business processes, and was selected as a DX-certified business operator in fiscal year 2024. This enables the company to build an efficient management structure and realize management innovation for the new era.