CORONA CORPORATION (5909) Stock Price

Corona manufactures, sells, and installs heating equipment, air conditioning and home appliances, and housing equipment as its core business. In addition, the company operates related businesses including logistics and services. The Corona Group consists of Corona itself, 12 subsidiaries, and 1 affiliated company.

Product manufacturing is primarily handled by Corona, along with subsidiaries Arai Corona, Imamachi Corona, and Tochio Corona. Component manufacturing is carried out by Tochio Corona and Corona Techno. Sales are conducted through Corona, as well as through Yamato Kogyo and Kinshin Shoji.

Real estate leasing is primarily managed by Corona, while warehouse management is handled by Corona Logistics and Sapporo Corona Logistics. Sunlife Engineering provides product sales, as well as system design, construction, and maintenance services for plumbing and electrical work.

After-sales service is handled by Corona, Corona Service, and affiliated company Corona Central Service. Corona Living Service provides real estate leasing, house cleaning, renovation, and maintenance services.

Corona Finance handles casualty insurance agency operations, including fire insurance contracts within the group. Overseas, the company sells products through distributors, primarily in the Middle East and Europe.

Corona is pursuing the realization of a sustainable society and has established its "2026 Vision" toward 2027. Through this vision, the company aims to contribute to solving environmental issues by supporting the transition to a decarbonized society and providing resilient products and services. The company also prioritizes enhancing quality of life by pursuing comfort and enjoyment in daily living.

In its 10th Medium-Term Management Plan (fiscal 2025–2027), the company has set three core strategies. First, it will restructure its business portfolio toward a decarbonized society and expand offerings of equipment that contributes to CO2 emission reductions. Second, it aims to expand its business scope from "ease" to "enjoyment," developing products and services that provide comfort and enjoyment both inside and outside the home.

Additionally, the company will rebuild its management foundation by reviewing internal systems and business processes. This effort aims to improve employee engagement and foster a sense of purpose that enables employees to work proactively. Through these initiatives, Corona will pursue profitable growth and challenge new business areas, contributing to the realization of a sustainable society.