Noritsu Koki Co.,Ltd. (7744) Stock Price

Noritsu Koki is guided by the corporate philosophy of "providing products and services that earn customer trust and support," with a mission to bring prosperity to society and people. The company operates as a business group that continually creates No.1/Only1 offerings.

Noritsu Koki operates primarily through two business segments: "Manufacturing (Components and Materials)" and "Manufacturing (Audio Equipment Related)." The company previously engaged in preventive healthcare but has divested its Premedica shares and now classifies this as a discontinued operation.

The "Manufacturing (Components and Materials)" segment conducts research and development, production, and sales of pen tip materials, cosmetic materials, and metal materials. Key affiliated companies include Teibo Corporation and soliton corporation.

The "Manufacturing (Audio Equipment Related)" segment engages in research and development, design, sales, and service provision for audio equipment. Key affiliated companies include AlphaTheta Corporation and PEAG, LLC dba JLab. These companies operate globally to strengthen competitiveness in the audio equipment market.

Noritsu Kogyo aims to adapt to changing times and create businesses that form the foundation of society. The company upholds the corporate philosophy "Enriching Society and People" and envisions itself as a business group that continuously creates No.1/Only1 offerings. The company's guiding principle is to anticipate market needs and think one step ahead, with emphasis on pursuing products and services that enhance quality of life.

The company operates two core businesses: "Manufacturing (Components and Materials)" and "Manufacturing (Audio Equipment Related)." It makes appropriate investments to strengthen profitability. Targeting long-term corporate value enhancement, the company's fundamental strategies include improving market share and profitability in core businesses, leveraging digital technology, and implementing risk control. Notably, the company is expanding into new fields by applying its material development expertise.

Under the FY25 Medium-Term Management Plan, the company achieved its targets one year ahead of schedule, centered on growth in existing businesses. The next Medium-Term Management Plan FY30 targets CAGR of 10% or higher, pursuing maximized organic growth, supply chain strengthening, and growth through M&A. As a financial policy, the company targets ROE of 10% or higher and is advancing M&A in new domains and enhanced shareholder returns.

Noritsu Kogyo implements portfolio management, adapting to different operating environments across business segments. While considering geopolitical risks and external environmental changes, the company makes necessary investments and works to improve business EBITDA margins. Particularly in the audio equipment-related field, the company is advancing initiatives to strengthen competitiveness in global markets.