Onamba Co.,Ltd. (5816) Stock Price

Onamba manufactures and sells electric wires and cables, wire harnesses, new energy-related products, and machinery and parts for harness processing. Through domestic and overseas subsidiaries and affiliated companies, the company manufactures and sells these products.

Specifically, Onamba and its consolidated subsidiaries—Asure Denki Co., Ltd., O&S CALIFORNIA, INC., CZECH REPUBLIC ONAMBA S.R.O., Ounan Ba (Shanghai) Trading Co., Ltd., and Jun Xing Precision Parts Co., Ltd.—outsource product processing and purchase products for resale to customers.

Additionally, domestic and overseas consolidated subsidiaries and equity method affiliates with both sales and manufacturing capabilities sell products manufactured in-house or sourced from overseas subsidiaries to customers worldwide. Through this structure, Onamba maintains competitiveness in global markets.

Onamba's consolidated subsidiary Huizhou City Jun Xing Industrial and Trade Co., Ltd. completed liquidation on June 4, 2024. In this manner, Onamba continues to improve operational efficiency and optimize its business structure.

Onnamba is committed to contributing to the world through innovation and the creation of distinctive value. The company manufactures and sells electric wires, wire harnesses, and new energy-related products, maintaining competitiveness in global markets. It particularly focuses on new energy-related products such as solar power distribution units and monitoring systems.

Based on its medium-term management plan "PROGRESS 2026," Onnamba aims to become a "global comprehensive wiring systems manufacturer." This plan promotes growth strategy, production strategy, strengthening of management foundations, and cost-of-capital-conscious management to transform its business structure. The company is particularly strengthening its efforts to contribute to the realization of a decarbonized society.

Onnamba seeks to strengthen production bases both domestically and internationally to achieve "global uniform quality." The company also focuses on building global information infrastructure, promoting internal digital transformation, and developing global talent. Through these initiatives, it aims to establish itself as a company that can compete on quality.

In cost-of-capital-conscious management, Onnamba pursues business growth and improved profitability while strengthening shareholder returns and enhancing investor relations activities. This approach prioritizes profit distribution to stakeholders and aims for corporate growth. Onnamba plans capital expenditures of 5.1 billion yen and research and development investments of 2 billion yen.