Nippon Carbon Co. , Ltd. (5302) Stock Price

Nippon Carbon is primarily engaged in the manufacturing and sales of carbon products and silicon carbide products. The company operates through 9 consolidated subsidiaries, 1 non-consolidated subsidiary, and 2 affiliated companies. In addition, it manufactures and repairs industrial machinery and leases real estate.

For carbon products, Nippon Carbon and its consolidated subsidiary Nippon Techno Carbon Co., Ltd. manufacture raw materials. Processing is conducted by Nippon Carbon, Nippon Carbon Engineering Co., Ltd., Nippon Techno Carbon Co., Ltd., NTCM Co., Ltd., and Nippon Kornmeyer Carbon Group GmbH.

Carbon product sales are led by Nippon Carbon, with Nippon Techno Carbon Co., Ltd., Chung Yang Carbon Co., Ltd., Nippon Carbon Europe GmbH, NIPPON CARBON OF AMERICA, LLC, and Nippon Carbon Shanghai Co., Ltd. also participating in sales. This expands the company's sales network both domestically and internationally.

For silicon carbide products, the consolidated subsidiary NGS Advanced Fiber Co., Ltd. manufactures, processes, and sells products. This segment is experiencing growing demand as a high-performance material.

As other operations, Nippon Carbon engages in real estate leasing. Additionally, Nippon Carbon Engineering Co., Ltd. manufactures and repairs industrial machinery. These operations allow the company to cover a broad range of business areas.

As a pioneer in the carbon industry, Nippon Carbon aims for sustainable growth. The company has established a medium-term management policy titled "GO BEYOND 2030 ~ Achieving Both Improved Profitability and Sustainable Management ~" with the goal of realizing both enhanced profitability and a sustainable society by 2030.

Under this policy, Nippon Carbon is pursuing annual sales growth of approximately 10% while strengthening profitability. In particular, the company is expanding domestic and international market share in fine carbon-related products, taking into account the evolution of AI and 5G technology, growing data center demand, and xEV market expansion.

In electrode material-related products, the company is establishing optimal production systems and reducing costs in response to the shift from blast furnaces to electric arc furnaces and xEV market growth. In silicon carbide-related products, the company is securing talent and ensuring safe operations to meet the expanding aerospace industry market.

As new business initiatives, the company is advancing the commercialization of power semiconductor-related products and creating carbon-neutral related businesses in anticipation of DX/GX industry expansion. Through these efforts, the company contributes to realizing a sustainable society.

In promoting sustainable management, the company aims to reduce GHG emissions and contribute to realizing a carbon-neutral society. The company is also fostering a corporate culture where diverse talent can thrive in response to declining working-age populations due to Japan's aging society.

Strengthening shareholder returns is also a key strategy. The company aims to utilize profits as a stable source for dividends while investing in business expansion and strengthening its management foundation. The company implements flexible shareholder returns, including share buybacks, taking into account business performance and financial conditions.