CAR MATE MFG.CO.,LTD【JP:7297】Stock Price

CarMate operates two main business segments: automotive-related business and outdoor, leisure, and sports-related business. These operations are conducted by the company and five affiliated companies.

The automotive business is CarMate's core operation, accounting for approximately 90% of total sales. This segment manufactures and sells automotive accessories, roof racks and tire chains, chemical products, and electronic and electrical equipment. Key affiliated companies include Car Mate USA, Inc. (United States) handling sales and Kaimeite Qiche Jingpin (Shenzhen) Co., Ltd. (China) handling manufacturing. CarMate Logistics Co., Ltd. manages logistics operations.

The outdoor, leisure, and sports business manufactures and sells snowboard-related sporting goods and bicycle-related products. In this segment, Kaimeite Qiche Jingpin (Shenzhen) Co., Ltd. handles manufacturing and sales of certain products, while CarMate Logistics Co., Ltd. manages logistics.

Carmate aims to realize a prosperous and happy society through comfortable car life, with "CREATE—Innovation" as its corporate philosophy. From a shareholder-focused perspective, the company pursues high-profit operations and efficient capital utilization, with management targets of operating profit margin of 10% or higher on sales, return on equity of 10% or higher, and net income per share of 100 yen or higher.

The company operates two main business segments: automotive-related business and outdoor, leisure, and sports-related business. Through these segments, it is strengthening the market introduction of new products and services. In particular, the automotive-related business is Carmate's core operation, accounting for approximately 90% of total sales. This segment manufactures and sells automotive products and electronic equipment.

Even in a challenging business environment, Carmate promotes manufacturing of safe and reliable quality products through new technologies and innovative ideas, while actively expanding into overseas markets. The company continues to develop new sales channels and customer bases and pursue new business models, while also strengthening sustainability initiatives. Through these efforts, the company aims for sustained growth.