TAIHEIYO CEMENT CORPORATION (5233) Stock Price

Taiheiyo Cement is a diversified company with multiple business segments. Its main business segments include cement, resources, environment, and building materials and construction. The company also operates in real estate, engineering, information processing, finance, transportation and warehousing, chemicals, sports, and power generation.

In the cement business, major companies include Taiheiyo Cement itself, Day-See, Myojo Cement, and Tsuruga Cement. Internationally, the company operates through Cal Portland in the United States, Jiangnan-Onoda Cement in China, Gison Cement in Vietnam, Taiheiyo Cement Philippines in the Philippines, and Sorsibagung Indonesia in Indonesia.

The resources business handles aggregates and limestone products. Major subsidiaries include Yukomine, Abegawa Development, Kansai Taiheiyo Mining, Bukoh Mining, Oita Taiheiyo Mining, Chichibu Mining, Mie Taiheiyo Mining, Koshu Saikiseki, Kansai Matec, Hokkaido Taiheiyo Mining, Ryushin Mining, Chichibu Taiheiyo Cement, and Okutama Industries.

In the environment business, Taiheiyo Cement, Tokyo Tama Eco Cement, and Nacord operate initiatives that contribute to environmental protection and sustainable development.

The building materials and construction business provides concrete secondary products, building materials, and civil engineering and construction-related products. Major companies include Taiheiyo Precon Industries, Crion, Taiheiyo Material, Chichibu Concrete Industries, A&A Material, and Onoda Chemico.

Other businesses include real estate, engineering, information processing, finance, transportation and warehousing, chemicals, sports, and power generation. These operations are conducted through Taiheiyo Real Estate, Taiheiyo Engineering, Pacific System, Taiheiyo Financial and Accounting, Mitsui Futo, Sangi Unyu, Tokai Unyu, Chichibu Railway, Onoda Chemical Industries, Sesame, Kiyosumi Golf Club, and Ofunato Power Generation.

Taiheiyo Cement is pursuing a sustainable society through its 2050 Vision and medium-term plan for 2030. By 2050, the company aims to become a leader in the cement industry by deploying carbon-neutral technology globally and strengthening its role as a corporate group supporting a decarbonized, circular economy.

Under "Taiheiyo Vision 2030" toward 2030, the company will expand its presence in the Asia-Pacific region and contribute to achieving carbon neutrality and a circular economy. It aims to build a resilient corporate group achieving sustainable growth by strengthening business operations both domestically and internationally.

The medium-term management plan for fiscal years 2024-2026, called the "26 Medium-Term Management Plan," prioritizes domestic business revitalization, global strategy advancement, and sustainability-focused management. Domestically, the company will improve profitability by optimizing cement pricing and production systems.

In its global strategy, Taiheiyo Cement will strengthen its business foundations in the United States and the Philippines while entering new markets. Through expanding blended cement offerings and reinforcing logistics networks, the company aims to grow its trading business and enhance international competitiveness.

In sustainability-focused management, the company will develop innovative cement manufacturing technologies to achieve carbon neutrality by 2050. Through digital transformation strategy and human capital strategy, it will advance sustainable management and share benefits with stakeholders.