Naikai Zosen Corporation【JP:7018】Stock Price

Utsumi Shipbuilding Co., Ltd. operates primarily in the manufacturing and repair of ships. Through its consolidated subsidiary Utsumi Engineering Co., Ltd. and its affiliated company Canadavia Co., Ltd., the company handles a diverse range of businesses. While maintaining ship operations as its core business, it provides a wide array of services including civil engineering and construction, as well as hotel management.

In its ship operations, Utsumi Shipbuilding manufactures and repairs vessels. Steel materials and main engines are procured through Canadavia Co., Ltd. Utsumi Engineering supports ship operations by manufacturing and selling cleaning materials and handling the repair of life rafts.

As other operations, Utsumi Engineering conducts land-based businesses. Specifically, it undertakes civil engineering and construction projects, as well as the installation and maintenance of Utsumi Shipbuilding's facilities. Through these activities, it supports the company's infrastructure development.

Additionally, Utsumi Engineering operates a service business. It handles the management and operation of customer facilities and operates gift shops. It also manages hotels and restaurants using buildings owned by Utsumi Shipbuilding. Through these diverse offerings, the company meets varied customer needs.

Utsumi Shipbuilding Co., Ltd. maintains a customer-first management approach and strengthens its competitive position by anticipating market changes. The company leverages its technical expertise to construct and repair diverse types of vessels, aiming to build customer trust. Through this strategy, the company seeks to meet shareholder expectations while contributing to society and local communities.

The company's growth strategy operates across two business segments: new shipbuilding and ship conversion. In new shipbuilding, the company promotes a balanced product mix including ocean-going vessels such as general cargo ships and car carriers, as well as domestic vessels including ferries and RORO ships. The company also strengthens cost competitiveness through a comprehensive order-to-delivery system and implements rigorous risk management.

In ship conversion, the company pursues higher quality and cost reduction by leveraging advanced technical capabilities. As an overall strategy, the company prioritizes stable dividend payments, strengthened financial position, securing and training young engineers, and knowledge transfer from experienced technicians. These initiatives support sustainable growth.

Utsumi Shipbuilding targets revenue of 45.5 billion yen and operating profit of 700 million yen for the fiscal year ending March 2026. The company aims to improve profitability through productivity gains and fixed cost reduction. Additionally, the company focuses on developing new business areas such as eco-ships to enhance corporate value and realize sustainable growth.