MIDAC HOLDINGS CO., LTD. (6564) Stock Price

Midack Holdings is a company dedicated to establishing a circular economy and contributing to environmental protection through proper waste management. The company's name derives from the initials of water, earth, and air, with a mission to pass on a beautiful planet to future generations. Midack Holdings operates a solutions business focused on waste management and treatment.

Midack Holdings operates as a pure holding company structure, comprising 6 consolidated subsidiaries, 2 non-consolidated subsidiaries, and 1 affiliated company accounted for using the equity method. The business is divided into three segments: waste disposal operations, collection and transport operations, and intermediary management operations. Through these businesses, the company aims to ensure proper waste treatment and contribute to a resource-recycling society.

In waste disposal operations, the company performs intermediate treatment of waste using its own facilities. Specifically, it reduces waste volume and stabilizes its properties through methods such as dewatering, incineration, and neutralization. Midack Holdings holds a permit for special industrial waste disposal operations and handles waste containing hazardous substances.

In collection and transport operations, the company collects and transports waste. Midack Holdings owns vehicles capable of transporting various types of waste, from solids to liquid waste, and receives fees from waste generators based on transport volume and distance. This enables efficient waste movement.

In intermediary management operations, the company provides services through sales staff who broker and manage waste treatment projects for waste management contractors. Midack Holdings introduces required waste to cooperating waste management contractors and also handles administrative procedures on their behalf.

Midac Holdings is continuing to grow as an expert in waste management, aiming to realize a sustainable circular society. Since its founding in 1952, the company has built customer trust by addressing waste issues and providing safe and reliable services.

The company targets an operating profit margin of 20% or higher and ROE of 15% or higher to maximize corporate value. It is adapting to changing business conditions, including rising energy and raw material prices, while strengthening the social role of the waste management business.

Midac Holdings has established a 10-year vision called "Challenge 80th," advancing integrated processing capabilities and facility investments. Through M&A, the company is expanding its business foundation and enhancing competitiveness to accelerate growth.

The company prioritizes strengthening its compliance framework, with legal compliance as a top priority. Through internal education and ongoing initiatives, it is raising awareness of regulatory compliance and working to enhance social credibility.

Expanding new waste processing facilities and pursuing M&A are also key strategies. The company is focusing particularly on expansion in the Kanto region, with plans to establish facilities near the Pacific Belt. It aims to expand its business through flexible operations.

The company is also strengthening intra-group collaboration, leveraging its holding company structure to advance M&A. It is enhancing information sharing across group companies while pursuing advanced waste processing solutions.

Practicing sustainability management is also a priority. Through environmentally conscious waste management, the company is building relationships with local communities and aiming to enhance corporate value and support sustainable growth in society.