Yushiro Inc. (5013) Stock Price

Market cap
¥43.6B
P/E ratio
8.5x
Manufactures and sells metalworking fluids globally through regional subsidiaries in Japan, Americas, China, and Southeast Asia/India.

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Business Overview

Ushiro primarily manufactures and sells metalworking fluids. The company handles the domestic market directly, while independent local subsidiaries in each region manage overseas markets. The company develops comprehensive strategies for each region and conducts business operations accordingly.

Ushiro's business segments are organized by region, with four reporting segments: Japan, North and South America, China, and Southeast Asia/India. The Japan segment, in particular, produces and sells building maintenance products in addition to metalworking fluids.

Effective April 1, 2025, Ushiro changed its corporate name to Kabushiki Kaisha Ushiro. Additionally, Ushiro Transportation Co., Ltd. changed its name to Transchem Co., Ltd. Furthermore, Rudong Youxilu Chemical Industry Co., Ltd. was excluded from the scope of consolidation effective March 31, 2025, and is now accounted for using the equity method.

Management Policy

Ushiro is advancing "EXPLORER PLUS," a medium-term management plan as its growth strategy. This plan prioritizes the introduction and expansion of new products in anticipation of EV adoption and customers' growing ESG focus. Additionally, the company is advancing the commercialization of Hikari Action and self-healing materials while strengthening sustainability initiatives.

To address raw material price volatility, Ushiro is pursuing price negotiations with customers and sustainable sourcing of raw materials. The company also aims to expand sales of metal processing fluids by entering adjacent automotive sectors and non-automotive markets. In particular, it is strengthening sales of high-value-added products in the aerospace, medical, and semiconductor markets.

As part of market development, Ushiro is expanding sales channels for cyclodextrin derivatives and products featuring Hikari Action functionality. The company is also targeting increased sales of railway vehicle cleaning solutions and glass coating agents for flooring. In advancing its ESG strategy, Ushiro is deploying company-wide activities through its Sustainability Promotion Committee, establishing KPIs and targets for ESG initiatives.

Ushiro aims to expand business performance in growth regions including North and South America, China, and Southeast Asia/India, while improving profitability of domestic operations. Through these efforts, the company seeks to achieve sustainable growth and enhance corporate value.

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