FUJI OOZX Inc. (7299) Stock Price

Market cap
¥18.8B
P/E ratio
9.5x
Fuji Oozx manufactures automotive engine valves and precision components, serving car makers and semiconductor manufacturers globally through facilities in Japan, China, Indonesia, and Mexico.

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Business Overview

Fuji Oozx operates across three business segments: automotive parts manufacturing and two others. In automotive parts manufacturing, Fuji Oozx and its subsidiaries—Fuji Qimen (Guangdong) Co., Ltd., PT. FUJI OOZX INDONESIA, and FUJI OOZX MEXICO, S.A. DE C.V.—manufacture and sell products such as engine valves.

Oozx Techno Co., Ltd. handles mold manufacturing and production-related operations for Fuji Oozx. Daido Kogyo Co., Ltd., a related company of parent company Daido Special Steel Co., Ltd., supplies specialty steel materials to Fuji Oozx.

Fuji Oozx also sells machinery, equipment, and tooling to its subsidiaries Fuji Qimen (Guangdong) Co., Ltd., PT. FUJI OOZX INDONESIA, and FUJI OOZX MEXICO, S.A. DE C.V., and provides technical support. Tetos Co., Ltd. manages employee benefits for domestic subsidiaries, while Jatos Co., Ltd. handles transportation and packaging of related products.

The other segments include Maruyoshi Manufacturing Co., Ltd. and P&M Co., Ltd. Maruyoshi Manufacturing produces metal rolls and shafts used in manufacturing equipment for lithium-ion battery separator films, which it sells to separator film equipment makers.

P&M manufactures and sells precision components for factory automation equipment, primarily supplying pneumatic equipment parts used in semiconductor and EV battery manufacturing. Through these operations, Fuji Oozx contributes to diverse industries.

Management Policy

Fuji O-Zex is pursuing sustainable growth through a medium-term management plan targeting 2026. The plan strengthens profitability in the automotive parts business while expanding new business operations, with management focused on capital costs and stock price performance. The company is particularly concentrating on streamlining its engine valve business to improve profit margins.

Looking toward 2030, Fuji O-Zex has adopted the slogan "The Best Survivor" and aims to expand its global automotive parts market share from 8% to 12%. The company also targets establishing a new business revenue base of 10 billion yen, while reviewing domestic and international production systems to strengthen competitiveness in the engine valve market.

In expanding new business, the company actively uses M&A, acquiring one subsidiary each in 2023 and 2024. Subsidiary new business initiatives are progressing well, with efforts to expand distribution channels for its brand mini tomato business and achieve stable profitability.

On the environmental front, Fuji O-Zex has set a goal to reduce CO2 emissions by 50% compared to fiscal 2013 levels by fiscal 2030. The 2026 medium-term plan targets a 35% reduction, with initiatives including solar power system installation and energy conservation activities. In fiscal 2025, the company will expand solar capacity and install power visualization systems to implement further energy-saving measures.

Fuji O-Zex aims to fulfill corporate social responsibility (CSR) through efficient management and contribute to society. The company seeks recognition as a globally valued enterprise while building a corporate culture that pursues its ideals.

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