TOKYO ROPE MFG. CO., LTD. (5981) Stock Price

Tokyo Steel Wire Rope operates across multiple business segments including steel wire rope, steel cord, developed products, industrial machinery, and energy and real estate. These businesses are centered on manufacturing and sales, with related logistics and processing services also offered.

In steel wire rope operations, Tokyo Steel Wire Rope manufactures and sells products directly, while subsidiaries Tokyo Steel Wire Rope Fiber Rope and affiliated company Toyo Steel Wire also engage in manufacturing and sales. Sales are partially handled by Togane Wire Rope Sales.

In steel cord operations, subsidiary Togane Steel Cord handles manufacturing while Tokyo Steel Wire Rope manages sales. This integrated structure covers the entire value chain from manufacturing to sales.

In developed products, Tokyo Steel Wire Rope manufactures and sells safety facilities and steel structures, with subsidiaries Tokyo Steel Wire Rope International and Togane Bridge, as well as affiliated company Bekaert Togane Metal Fiber also engaged in manufacturing and sales. Carbon fiber composite cables are handled by Tokyo Steel Wire Rope International.

In industrial machinery, subsidiary Nagasaki Machinery manufactures and sells industrial machinery, while Japan Special Alloy manufactures and sells powder metallurgy products. This diversified approach addresses varied market needs in the industrial machinery sector.

In energy and real estate, subsidiary Togane Shoji sells petroleum products, while Tokyo Steel Wire Rope operates real estate leasing and solar power generation businesses. This dual approach enables operations across both energy and real estate sectors.

Tokyo Steel Wire & Rope Co., Ltd. aims to strengthen profitability and financial health by enhancing competitiveness in global markets and executing growth strategies. Through providing products and services from a customer perspective, the company seeks to become a high-value enterprise that contributes to society in the 21st century.

The company pursues "Total Cable Technology" with a long-term vision of supporting global safety and security. Building on wire and rope technologies, the company is also developing advanced materials such as diagnostic technologies and carbon fiber.

The medium-term management plan "TCTRX," established in May 2024, is based on three pillars: allocating management resources to priority growth businesses, strengthening competitiveness in existing operations, and creating a company that is attractive to all stakeholders. This approach aims to maintain the business foundation and enhance profitability.

By fiscal year 2027, the final year of TCTRX, the company targets revenue of 68 billion yen, operating profit of 4.5 billion yen, and earnings per share of 200 yen or more. To realize the ideals of the SDGs, the company is securing high profitability and a strong financial position while aiming to become a 150-year enterprise.

The domestic economy is expected to show gradual growth through March 2026, while global economic uncertainty is also being considered. Tokyo Steel Wire & Rope will advance TCTRX by maintaining profitability in existing businesses and promoting priority growth businesses, balancing financial base strengthening with shareholder returns.