NIHON SEIKO CO.,LTD. (5729) Stock Price

Japan Seiko has two main business segments: antimony operations and metal powder operations. In its antimony business, the company manufactures and sells antimony trioxide, which is used as a flame retardant in plastic materials and as a catalyst in polyester and acrylic resins. The company also handles antimony trisulfide for brake materials and sodium antimonate as a flame retardant for heat-resistant resins.

In the metal powder business, its consolidated subsidiary Japan Atomize Processing manufactures and sells metal powders for electronic components and powder metallurgy applications. These include copper powder and precious metal powder for conductive paste, iron-based alloy powder for power inductors, bronze and brass powder for precision motor bearings, tin powder, and copper powder for automotive components.

In other operations, Japan Seiko engages in real estate rental business by leasing part of its headquarters building and operates a hydroponic greenhouse cultivation business for high-sugar tomatoes. The company also conducts raw material trading with Kawashima Corporation and handles antimony product sales and raw material procurement in the Chinese market through its consolidated subsidiary Nittei Seiko (Shanghai) Trading Co., Ltd.

Nippon Seiko aims for sustainable growth and has established a long-term vision toward its 100th anniversary in 2035. To realize this vision, the company has formulated a medium-term management strategy for fiscal years 2025 through 2028. This strategy is based on four pillars: strengthening group collaboration, enhancing competitiveness and expanding globally in existing businesses, creating new businesses, and enriching human capital while advancing ESG initiatives.

In the antimony business, the company will pursue stable production and improved profitability by promoting high-value-added products and globalization. Particularly amid ongoing Chinese regulatory restrictions, the company will diversify raw material procurement, accelerate digital transformation and labor efficiency improvements in production processes to reduce costs. Additionally, a new technology development division will be established to develop new products and establish manufacturing technologies.

In the metal powder business, the company will advance full-scale operation of the iron-based alloy powder production line at the Tsukuba plant and expand production and sales of metal powders for electronic components. To realize a circular economy, the company will reduce costs through improved recycling rates and manufacturing process improvements. Furthermore, the company will focus on developing new products for MLCC and inductor applications while advancing efforts to enhance powder functionality.