(6022) Stock Price

Akasaka Iron Works operates primarily in the internal combustion engine-related business segment. This segment includes the manufacturing and sales of marine internal combustion engines and their components, as well as the manufacturing, sales, and repair services for industrial and civil engineering machinery. Through these operations, the company serves a wide range of industries, including shipping and construction.

The company previously conducted business alongside affiliated companies, but Kusanagi Corporation ceased to be an affiliated company following the retirement of its officers. As a result, Akasaka Iron Works now independently pursues its internal combustion engine-related business operations. Through these business activities, the company delivers high-quality products and services that meet customer needs.

Akasaka Iron Works pursues its growth strategy through a "customer-first" philosophy, aiming to contribute to society by delivering advanced quality control and prompt service. The company positions "providing engine systems that are friendly to people and the global environment" and "business diversification to advance in growth sectors" as core management visions, pursuing sustainable growth.

The company demonstrates a shareholder-focused approach, targeting a return on equity (ROE) of 3.0% or higher. It aims to secure stable earnings and enhance corporate value through strengthening its management foundation, product development, and cost reduction. This positions the company to respond flexibly to changing business environments.

The maritime and shipbuilding industries are advancing decarbonization and autonomous vessel operations. As new ship construction using alternative fuels progresses, Akasaka Iron Works is actively pursuing orders in anticipation of recovery in domestic coastal shipping new ship construction. The company is also focusing on expanding sales of components and repair services, as well as expanding overseas markets.

The company is accelerating development of next-generation fuel engines and low-fuel-consumption engines, as well as system development for autonomous vessel implementation. Additionally, it is expanding its purification equipment business and biodiesel fuel (BDF) manufacturing operations, aiming to enhance corporate value through sustainable growth and addressing social challenges.

Priority issues include recapturing domestic market share, expanding sales channels, developing low-emission engines, and developing labor-saving systems. The company also aims to build manufacturing systems for decarbonization, enhance quality system capabilities, and improve profitability through business reform and production efficiency optimization. Implementing business activities aligned with SDG achievement is also a critical priority.