TAKAKITA CO.,LTD. (6325) Stock Price

Takakita manufactures and sells agricultural machinery and performs bearing processing as its main business operations. Specifically, the company manufactures and sells feed harvesting machines for dairy and livestock farming used to harvest pasture, feed rice, and feed corn, as well as soil preparation equipment used to spread fertilizers and soil amendments.

Additionally, Takakita receives raw materials from bearing manufacturers and performs turning and grinding operations on large bearing outer rings, inner rings, and rolling elements for use in industrial machinery and railway vehicles. The outer and inner rings are structural components of bearings, while rolling elements refer to the balls or rollers positioned between them.

Takakita is a comprehensive agricultural machinery manufacturer aiming to create a sustainable future and enrich people's lives through innovative technologies and products. Since its founding, the company has worked to modernize agriculture while prioritizing environmental conservation and coexistence between people and nature.

The company has established a long-term management plan called "Offensive120" with an eye toward its 120th anniversary, positioning domestic agricultural machinery business as its core operation while expanding into overseas markets. In particular, the company is focusing on building a sustainable agricultural foundation to address environmental issues and improve food self-sufficiency.

In the domestic market, the company is developing products aimed at improving productivity and stabilizing farm management based on the government's "Food, Agriculture, and Rural Areas Basic Plan." It is also strengthening proposals for products that reduce environmental impact, such as organic fertilizer spreaders, and is working on developing smart agriculture technologies.

In overseas markets, the company is targeting business expansion centered on South Korea and Europe, pursuing new market development in global niche segments. In particular, it is seeking to expand operations in the Chinese market and strengthen relationships with joint venture partners.

In its bearing business, the company is ensuring strict delivery and quality management in response to industry-wide trends, leveraging processing technologies and equipment to improve profitability and productivity. This aims to enhance profit margins.

By its 120th anniversary in 2033, Takakita has set targets of 8.5 billion yen in sales, an operating profit margin of 8.5%, and ROE of 10% or higher. Based on progress in its medium-term business plan, the company is restructuring its management strategy for the next phase of growth while pursuing sustainable social contribution.