KANEMITSU CORPORATION (7208) Stock Price

Kanemitsu's main business is the design, development, manufacturing, and sales of steel plate pulleys for automobiles, agricultural machinery, and general machinery. These pulleys are components that transmit power by rotating via belts. Kanemitsu operates as a group that includes five subsidiaries and one affiliated company.

In 1961, Kanemitsu developed its proprietary rotational forming method and established technology to manufacture pulleys that are integrally formed from steel plate. This technology enables the company to supply high-precision, lightweight, and cost-effective automotive engine components to domestic and international automakers and parts suppliers. The company has also established a supply system particularly for the Asian region.

Kanemitsu's flagship steel plate pulleys are used in automotive engine components such as water pumps, crankshafts, alternators, and power steering systems. The company also supplies to agricultural machinery and general machinery. The plastic forming technology developed through pulley manufacturing is being applied to next-generation products including transmission components, xEV components, and EPS components.

Kanemitsu's business is primarily centered on the manufacturing and sales of automotive components with pulleys at its core. Business segments are structured based on regional manufacturing and sales operations, enabling efficient business management. The company will continue to pursue new product development and business growth.

Kanemitsu prioritizes technology and is advancing the development of unique, one-of-a-kind products by leveraging its proprietary plastic forming technology. The company contributes to the automotive industry's development through the manufacturing and sales of steel sheet pulleys for automobiles. Additionally, by adhering to corporate ethics and fulfilling social responsibility, Kanemitsu aims to be a company that creates value for all stakeholders.

Under its 9th Medium-Term Management Plan from 2023 to 2026, the company has set management targets for revenue, operating profit, ROE, and CO₂ emissions. This supports continuous growth investments and profit generation to fund research and development of new products. In particular, responding to changes in the automotive industry—which increasingly demands carbon neutrality and electrification—is critical.

Under the slogan "Challenging a New World," Kanemitsu is focusing on creating new products and businesses. Specifically, the company is developing components for new energy vehicles, expanding motor core sales, and advancing research in three-dimensional forming technology for high-strength steel sheets. As part of existing business reform, Kanemitsu is also expanding transmission component sales and reorganizing its pulley business.

Furthermore, the company is strengthening its focus on human capital management and sustainability initiatives. Through improving employee engagement, promoting diversity, conducting energy-saving activities, and expanding renewable energy use, Kanemitsu aims for sustainable business operations. For the fiscal year ending March 2026, the company targets consolidated revenue of 11,170 million yen and consolidated operating profit of 830 million yen.