FUKOKU CO.,LTD. (5185) Stock Price

Fukoku Corporation operates five major business segments.

1. **Functional Products Business**: Fukoku manufactures and sells seal components, wiper blade rubber, and office equipment-related products. These products are supplied to customers both domestically and internationally, with manufacturing handled by subsidiaries in South Korea, Indonesia, India, Vietnam, the United States, and Mexico.

2. **Vibration Isolation Business**: The company manufactures and sells dampers, mounts, and urethane products. These products are used to reduce vibration and are manufactured by Fukoku and its overseas subsidiaries, then sold to customers across various countries.

3. **Life Science Business**: Fukoku engages in the manufacture and sale of bio-related products. This segment is operated by Fukoku and Dongguan Fukoku Limited Company, serving demand in the life science field.

4. **Metal Processing Business**: The company manufactures and sells metal components for trucks and construction machinery. Sueyoshi Industries Corporation handles this business, supplying components for industrial machinery.

5. **Hose Business**: Fukoku manufactures and sells rubber hose products. Tokyo Rubber Manufacturing Co., Ltd., Siam Fukoku Co., Ltd., and Trim Rubber Co., Ltd. operate this segment, serving diverse industrial applications.

Through these business segments, Fukoku supplies products to various industrial sectors and maintains competitiveness in global markets.

Fukoku Corporation has formulated the "New Medium-Term Management Plan 2026" as of June 2023, aiming for sustainable growth. The company views the automotive industry's transition toward next-generation technologies such as electrification and autonomous driving as an opportunity, and the plan serves as a guideline for achieving higher management targets.

Fukoku's growth strategy is built on two pillars: strengthening existing businesses and expanding new business areas. The company aims to maximize profitability through management reforms that prioritize ESG (Environment, Social, and Governance). Specifically, the company is expanding sales through solution businesses for wiper blade rubber and strengthening its production, development, and sales operations in the Indian market.

As growth businesses, the company is expanding into industrial products and the CASE market. In particular, the company has begun mass production of precision seal components for semiconductor manufacturing equipment and battery hold sheets for electric vehicles, targeting further market expansion.

From an ESG perspective, the company is strengthening efforts to reduce environmental impact and realize a decarbonized society. Specifically, the company is reducing manufacturing waste and CO2 emissions, and has achieved a "B" score in the climate change category from CDP, an international environmental nonprofit organization. Through these initiatives, the company aims to become an enterprise that contributes to the realization of a sustainable society.