FUJIKURA KASEI CO,.LTD. (4620) Stock Price

Fujikura Kasei operates primarily in acrylic resin-derived products. Specifically, the company operates five business segments: coatings, paints, electronic materials, chemical products, and synthetic resins. These products are used across various industries, leveraging Fujikura Kasei's technical expertise.

In the coatings business, the company manufactures and sells coating materials for plastics. Fujikura Kasei collaborates with Chukyo Paint Service Co., Ltd. for color matching and sells through distributors such as Fujichem Kinki Co., Ltd. Internationally, RED SPOT PAINT & VARNISH CO., INC. and Fujichem Sonneborn Ltd. handle manufacturing and sales.

In the paints business, the company provides architectural coating materials. Fujikura Kasei manufactures and sells these products in cooperation with Fujichem Kinki Co., Ltd. and Fujichemical Co., Ltd. The company also expands into overseas markets through FUJIKURA KASEI (THAILAND) CO., LTD. in Thailand.

In the electronic materials business, the company provides conductive resin coatings and conductive adhesives. Fujikura Kasei manufactures and sells these products, which are supplied to the market through Fujichem Kinki Co., Ltd. and Fujichemical Co., Ltd. Demand from the electronics industry is particularly strong.

In the chemical products business, the company provides toner binder resins and adhesive base resins. Fujikura Kasei manufactures and sells these functional resins, supplying them to the market through Fujichem Kinki Co., Ltd., meeting the needs of various industries.

In the synthetic resins business, Fujikura Resin Co., Ltd. sources and sells acrylic resin raw materials and processed products. Through these operations, Fujikura Kasei maintains a significant presence in the synthetic resins market and contributes to diverse industries.

Fujikura Kasei has set its growth strategy toward 2030 as "delivering new value through co-creation, evolution, and the power of chemistry." To realize this vision, the company has formulated a three-year medium-term management plan with fiscal 2023 as the first year. Under this plan, five business segments are categorized into three domains: "nurture," "expand," and "support," with the aim of improving profitability and optimizing management resources.

The company pursues sustainable growth through expanding technology development, strengthening priority businesses, and expanding profitability in core operations. In particular, by leveraging proprietary technologies across each segment and advancing the development of high-value-added products and exploration of new business areas, the company aims to shift toward the highly profitable "expand" domain.

Sustainability initiatives and strengthening of management foundations are also key strategies. The company has established a Sustainability Committee to discuss related matters as management priorities, and supports responsive and sustainable growth through DX promotion and enhanced information disclosure.

Regarding shareholder returns and capital policy, the company targets a total payout ratio of 70% or higher and aims to achieve ROE of 8% or above. Through these measures, Fujikura Kasei will pursue agile share buybacks while enhancing shareholder value. By implementing these initiatives, the company is pursuing sustainable growth.