ONOKEN CO.,LTD. (7414) Stock Price

Ono-Ken forms a corporate group consisting of 5 consolidated subsidiaries and 6 non-consolidated subsidiaries accounted for using the equity method. The company primarily engages in the sales of steel and building materials products and undertakes certain construction projects within Japan. The company develops comprehensive strategies at regional bases and conducts business operations accordingly.

Ono-Ken's business is divided into regional segments based on its sales structure. Specifically, three regions are designated as reporting segments: "Kyushu and Chugoku," "Kansai and Chukyo," and "Kanto and Tohoku." This structure enables the company to provide services tailored to the characteristics of each region.

Ono-Ken's core business consists of steel product sales and construction contracting, with its corporate purpose being to "contribute to nation-building, community development, and manufacturing." The company aims to improve performance through the creation of new value. To respond swiftly to market changes and achieve sustainable growth, the company has adopted an aggressive investment-focused management strategy.

The company has formulated "Long-Term Vision 2035" and "First Medium-Term Management Plan," targeting sales of 310 billion yen by 2028 and 500 billion yen by 2035. The company has also set targets for improving EBITDA, operating profit, and ROE, with specific numerical goals established for achieving management metrics.

As a medium to long-term growth strategy, the company is expanding its logistics network. It aims to increase steel product sales volume through new and expanded facilities, expanded inventory product lines, and enhanced processing equipment, thereby improving and stabilizing profit margins. The company is also expanding its construction contracting business and strengthening network development and construction management systems.

Furthermore, the company is executing an aggressive M&A strategy to capitalize on industry consolidation trends. It aims to expand market share through expansion into new geographic areas and deepening its processing capabilities. The company is also making soft investments in human capital and IT/digital transformation to strengthen its growth foundation toward 2035.

While addressing risks associated with fluctuations in steel product market conditions, Ono-Ken is advancing these strategies to maintain competitiveness. The company demonstrates a commitment to continuously tackling various challenges to remain competitive in the corporate marketplace.