JSP Corporation【JP:7942】Stock Price

JSP is primarily engaged in the manufacturing and sale of plastic products utilizing foaming technology. The company operates subsidiaries and affiliated companies both domestically and internationally, providing products that combine functionality with cost-effectiveness. JSP's business is divided into two main segments: the "Extrusion Business" and the "Beads Business."

In the Extrusion Business, JSP manufactures and sells products including Styren Paper, Milaboard, Milamat, Capron, Mirafoam, and Miraprank. These are sheets and boards made from expanded polystyrene or high-expansion polyethylene, used as packaging materials and construction materials. Related companies also provide sheet molding, secondary processing, and general packaging material sales.

In the Beads Business, JSP manufactures and sells ARPRO (expanded polyolefin beads) and Stirodia (expandable polystyrene). These beads are primarily used as cushioning materials in automotive parts and home appliances. Domestic and international affiliated companies handle the manufacturing and sale of molded bead products, with global operations.

Through these business operations, JSP provides products that meet diverse needs across various industrial sectors and contributes to the realization of a sustainable society.

JSP has established the long-term vision "VISION2027," aiming to deliver excitement and satisfaction to all stakeholders. Under this vision, the company has set a new management policy, "Deliver with WOW!," to establish itself as a true global supplier. Specifically, the company is pursuing geographic expansion into overseas markets and developing new demand by leveraging its proprietary technologies.

The medium-term management plan "Change for Growth 2026" is based on strengthening the profitability of the entire group and pursuing sustainable growth. In particular, the company is advancing capital-efficient management and deepening sustainability initiatives. Environmental responsiveness is positioned as a source of growth, and the company is actively promoting a transition to a circular economy. Additionally, the introduction of a new personnel system aims to foster a corporate culture where employees find their work meaningful.

JSP positions its ARPRO business, architectural and residential insulation materials, flat panel display surface protection materials, and new business areas as growth engines. The company aims to expand market share and develop new applications in these fields to improve profitability. As part of its capital investment plan, the company is expanding production capacity in Mexico, India, and the Czech Republic.

To improve profitability, the company is implementing appropriate product price adjustments and cost reductions. Furthermore, as part of sustainability initiatives, the company is focusing on promoting plastic recycling and reducing GHG emissions. Through these efforts, the company aims to contribute to solving challenges for customers and society.

The company recognizes strengthening its information systems infrastructure as an important priority and is advancing digital transformation and enhancing cybersecurity measures. These efforts aim to improve operational efficiency and ensure business continuity. As part of its capital and financial strategy, the company pursues both capital returns and financial soundness, with management focused on controlling the balance sheet.