TSUKISHIMA HOLDINGS CO., LTD. (6332) Stock Price

Tsukishima Holdings operates primarily through two business segments. In the water environment business, the company designs and constructs water purification plants, wastewater treatment facilities, and plants for sludge recycling and biomass utilization. The company also designs and sells individual equipment used in these facilities, including dewatering machines, dryers, and incinerators.

Additionally, the water environment business encompasses public-private partnership projects such as PFI and DBO schemes, as well as biogas power generation projects at wastewater treatment facilities. The company also provides operation, maintenance, and repair services for plants and equipment. Through these activities, Tsukishima Holdings aims to realize sustainable water environments.

In the industrial business, the company designs, constructs, and performs repair work on plants for the chemical sector, secondary battery manufacturing equipment, and waste liquid and solid waste treatment facilities. The company also designs, manufactures, and sells individual equipment used in these plants, including crystallization units, filtration systems, and centrifuges. Additionally, the company operates general and industrial waste disposal services.

Other business operations include real estate management and leasing of logistics facilities, office buildings, and parking lots. The company also provides printing and binding services for large-format drawings and various documents. Through these diverse business operations, Tsukishima Holdings addresses needs across a wide range of industrial sectors.

Tsukishima Holdings is pursuing sustainable growth through a medium-term management plan spanning April 2023 to March 2027. The plan is built on three core pillars: promoting sustainability-focused management, expanding business domains and strengthening group profitability, and improving capital efficiency while enhancing shareholder returns. Through these initiatives, the company aims to increase corporate value and achieve consolidated net sales of 160 billion yen, consolidated operating profit of 12 billion yen, and net income attributable to parent company shareholders of 7 billion yen by March 2027.

The company prioritizes sustainability-focused management and has established a corporate purpose of contributing to the world through environmental technology. Most importantly, the company has set contributing to a decarbonized society as its primary KPI, with targets to increase the sales ratio of water environment and industrial businesses to 20% or higher and research and development spending to 30% or higher. Through these efforts, the company is addressing environmental challenges such as climate change and promoting the use of carbon-neutral resources.

In expanding business domains, the company has integrated its domestic water engineering operations with JFE Engineering to advance the sophistication of its technologies and services. Additionally, it is developing and expanding equipment and plants for lithium-ion secondary batteries, contributing to the construction of a decarbonized society. The company is also optimizing its business portfolio through digital transformation initiatives, M&A activities, and strategic alliances.

To improve capital efficiency and enhance shareholder returns, the company has established ROE and ROIC as management indicators to drive capital efficiency improvements. It is proceeding with the sale of strategic shareholdings and allocating the proceeds to growth investments and shareholder returns. Through the acquisition of treasury stock, the company is enhancing shareholder returns and working toward sustainable growth and increased corporate value.