TAIHO KOGYO CO.,LTD. (6470) Stock Price

Taiho Industrial has two main business segments: automotive parts and automotive manufacturing equipment. In the automotive parts segment, the company manufactures and sells bearing products such as metal bushes, system products, die-cast products, and gasket products. These products are manufactured and sold in countries including the United States, Indonesia, Hungary, South Korea, China, and Thailand.

In the automotive manufacturing equipment segment, the company manufactures and sells precision molds, conveying systems, welding machines, and equipment components. Taiho Seiki and TET are the company's principal subsidiaries in this field. The company outsources product processing to these subsidiaries and purchases necessary equipment and components from them.

As an additional business, Taiho Life Service provides facility maintenance and employee welfare services. Through these operations, Taiho Industrial provides diverse products and services to meet the needs of the automotive industry.

Taiho Industrial is prioritizing technological innovation and new product development as its growth strategy toward 2030. The company aims to create new products by accurately understanding societal needs and mastering materials and manufacturing technologies. To realize this vision, the company is strengthening existing businesses while exploring new market areas.

In strengthening existing businesses, the company is improving profitability through structural reform and loss reduction. In particular, it is enhancing productivity through process reforms in powertrain component development and digital transformation initiatives, while shifting toward higher-value-added businesses. The company is also promoting effective utilization of global assets.

In exploring new areas, the company is creating new businesses that contribute to electrification and addressing social challenges. Specifically, it is proposing solutions focused on battery components, power semiconductor coolers, and circular economy solutions for water. Through these initiatives, the company aims to maximize corporate value.

Taiho Industrial is making active investments in human capital based on a corporate culture that values people. The company is improving employee engagement through youth-led project initiatives and the creation of a more comfortable work environment. It is also focusing on talent development at its agile development hub, "Shinohara BASE."

Governance strengthening is positioned as an important priority. In addition to thorough compliance and enhanced risk management, the company is investing in developing personnel to operate these systems. Through these efforts, the company aims to become an enterprise trusted by all stakeholders.