TSURUMI MANUFACTURING CO.,LTD. (6351) Stock Price

Market cap
¥128.9B
P/E ratio
14.4x
Tsurumi Manufacturing makes submersible pumps and environmental equipment, serving customers worldwide through manufacturing and sales operations across Asia, Europe, North America, and Africa.

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Business Overview

Tsurumi Manufacturing Co., Ltd. primarily manufactures and sells various pumps centered on submersible pumps, as well as environmental equipment. The company operates subsidiaries both within Japan and internationally, providing pump-related products and services. In Japan, Tsurumi Technology Service Co., Ltd. handles real estate leasing and machinery leasing, while Technology Service Hojo Co., Ltd. manages machinery rental and repair services.

In North America, TSURUMI (AMERICA), INC. sells Tsurumi Manufacturing's products. In Asia, TSURUMI PUMP TAIWAN CO., LTD. and TSURUMI PUMP VIET NAM CO., LTD. manufacture and sell pumps, while TSURUMI PUMP HONG KONG CO., LTD. and others handle sales operations. This strengthens the company's presence in the Asian market.

In Europe, ZENIT INTERNATIONAL S.P.A. and its subsidiaries manufacture and sell pumps, enabling Tsurumi Manufacturing to expand its business in the European market. In other regions, SHANGHAI TSURUMI PUMP CO., LTD. handles manufacturing and sales, while TSURUMI AUSTRALIA PTY LTD manages sales operations.

Additionally, Tsurumi Manufacturing has expanded into Africa and the Middle East, with TSURUMI PUMPS AFRICA (PTY) LTD and TSURUMI PUMP MIDDLE EAST FZCO conducting product sales and order intermediation. This enhances the company's competitiveness in global markets.

Management Policy

Tsurumi Manufacturing operates under the management philosophy of "Gentle Connection Between Water and People," aiming to contribute to global environmental protection through its pump business. The company prioritizes "Innovation, Harmony, and Passion," with a core strategy of creating new solutions for society through proprietary technology.

The medium-term management plan "Transformation 2027" targets sustainable society and enhanced corporate value by 2030. Domestically, the company is strengthening its supply system for disaster recovery submersible pumps to address extreme weather, while advancing new facility construction at the Kyoto plant and capital investments.

Internationally, Tsurumi has made ZENIT INTERNATIONAL S.P.A. in Italy a wholly-owned subsidiary to strengthen its product lineup and expand its sales network. Reinforcing the global operational foundation is positioned as the company's top priority.

The company has adopted a new brand slogan, "For The Earth, For All The People," to advance sustainability initiatives and contribute to a sustainable society. With capital-conscious management, Tsurumi targets ROE of 10% or higher and is committed to shareholder returns.

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