LIHIT LAB.,INC. (7975) Stock Price

Lihit Lab operates two main business segments: manufacturing and sales of office supplies, and real estate leasing. In the office supplies business, Lihit Lab and its consolidated subsidiary LIHIT LAB. VIETNAM INC. handle manufacturing, while Lihit Lab manages sales. Products include files, binders, and desk organizers that support efficient work environments in offices and homes.

In the real estate leasing business, Lihit Lab primarily handles property leasing operations. Its consolidated subsidiary, Ooe Building Service Co., Ltd., manages the properties. This business segment provides stable revenue that supports the company's financial foundation. Through these operations, Lihit Lab pursues diversified business growth.

Lihit Lab is guided by its corporate philosophy: "We strive to create new value with deep intelligence and passionate commitment, contributing to society." To realize this vision, the company adopts the motto "Quality goods are a good value" and prioritizes the development of universal design products while aiming to improve satisfaction among customers, shareholders, and employees. The company also promotes sound management through operational efficiency and strengthened corporate governance.

Lihit Lab has set targets of 11,000 million yen in sales and 1,000 million yen in operating profit for its office supplies business. Pursuing sustainable growth, the company's management strategy focuses on: ①strengthening new product development capabilities, ②expanding sales channels and entering overseas markets, and ③enhancing organizational strength through employee skill development. These initiatives aim to provide highly distinctive products and expand business scale.

In response to changing economic conditions, Lihit Lab is addressing the challenge of improving profitability. To counter rising energy and raw material costs, the company is reviewing sales prices and accelerating sales of new products. The company is also promoting productivity improvements and diversifying procurement routes to enhance company-wide profitability.

For product development, Lihit Lab has established specialized departments at its headquarters and Tokyo branch to leverage its unique expertise. To meet increasingly diverse customer needs, the company launched a company-wide project called the "NEXT Product Conference" to focus on developing high-value-added products. New product lines include the "XCOA" and "Collel" series.

Expanding sales channels and business domains is also a key strategy. The company is expanding domestic and international sales channels, strengthening e-commerce routes, and utilizing distributors. Additionally, the company aims to enter new markets beyond office supplies, with the sales division and development department collaborating on new product development. These efforts will drive further sales growth and profitability enhancement.