NHK SPRING CO., LTD. (5991) Stock Price

NHK Spring is a manufacturer and distributor primarily focused on automotive-related components, including suspension springs, seats, and precision parts. The company also manufactures and sells information equipment-related products and components, and provides logistics services. The NHK Spring Group operates globally with 67 subsidiaries and 9 affiliated companies both domestically and internationally.

In the suspension spring business, the company manufactures and sells coil springs, leaf springs, and stabilizers. Domestically, NHK Spring Co., Ltd. and Nippatsu Kiko Co., Ltd. are the main operating companies. Internationally, NHK Spring Thailand Co., Ltd. and NHK of America Suspension Components Co. are active in the market.

In the seating business, the company manufactures and sells automotive seats and seat mechanism components. Domestically, NHK Spring Co., Ltd. and AITES Co., Ltd. are the main operating companies. Internationally, NHK Spring Thailand Co., Ltd. and NHK Seating of America Co. are active in the market.

In the precision parts business, the company manufactures and sells HDD mechanism components, wire springs, and thin plate springs. Domestically, NHK Spring Co., Ltd. and Nippatsu Precision Industry Co., Ltd. are the main operating companies. Internationally, NHK Spring Thailand Co., Ltd. and NHK Spring Precision of America Co. are active in the market.

In the DDS business, the company manufactures and sells HDD suspensions and semiconductor inspection probe units. Domestically, NHK Spring Co., Ltd. is the main operating company. Internationally, NHK Spring Thailand Co., Ltd. and Nippatsu Technology Co., Ltd. are active in the market.

In the industrial equipment and other business, the company manufactures and sells semiconductor process components, ceramic products, and spring mechanism products. Domestically, NHK Spring Co., Ltd. and Yokohama Kiko Co., Ltd. are the main operating companies. Internationally, NHK Manufacturing Malaysia Co. is active in the market.

Nippon Spring is advancing its medium-term management plan "2026 Plan," with fiscal year 2026 as the final target year, to achieve sustainable growth. Under this plan, the company has adopted the slogans "Valuing people and contributing to society" and "Further advancing sustainability activities," aiming to enhance corporate value and profitability.

The company is working to establish a stable revenue base by responding to vehicle electrification and advances in information and communications technology. Additionally, the company is actively addressing social challenges such as carbon neutrality, aiming to contribute to a sustainable society. Through these efforts, the company seeks to meet stakeholder expectations and become a trusted corporate group.

Fiscal year 2025 marks the second year of the "2026 Plan." The company has identified four key values—"human value," "social value," "economic value," and "product value"—and is working to enhance corporate value by creating a positive cycle among these values. In particular, the company emphasizes valuing employees and stakeholders while contributing to the resolution of social issues.

Nippon Spring has set targets for fiscal year 2026 of 850 billion yen in revenue, 52 billion yen in operating profit, and ROE of 10% or higher. The company plans to increase revenue in the automotive and information and communications markets while pursuing higher profit margins through automation initiatives and productivity improvements. Through these measures, the company aims to realize sustainable growth.