RYODEN CORPORATION (8084) Stock Price

RYODEN operates four main business segments: FA Systems, Thermal Building Systems, X-Tech, and Electronics. Through these segments, the company procures and sells various products and provides related services. The company also operates as an insurance agent.

In the FA Systems segment, RYODEN procures and sells FA system products. Domestically, Sowa Technical Co., Ltd. serves as a key affiliated company. Internationally, companies such as Rhysho Electronics (Shanghai) Co., Ltd. and RYOSHO (THAILAND) CO., LTD. conduct similar operations.

The Thermal Building Systems segment provides maintenance and service for air conditioning equipment. Technofort Co., Ltd. is the primary affiliated company in this field. Internationally, PT. RYOSHO TECHNO INDONESIA and RYOSHO (THAILAND) CO., LTD. operate in this area.

The X-Tech segment produces and sells controlled environment agriculture vegetables. Block Farm LLC serves as the key affiliated company in this field. The company also sells controlled environment agriculture systems, with Farmship Co., Ltd. as a related company.

The Electronics segment procures and sells electronic products overseas. Companies such as Rhysho Electronics (Shanghai) Co., Ltd. and Rhysho Hong Kong Co., Ltd. operate as primary affiliated companies.

As other business operations, RYODEN acts as an agent for property and casualty insurance and life insurance. Mitsubishi Electric Insurance Services Co., Ltd. is an affiliated company in this field. Through these diverse businesses, RYODEN addresses a wide range of market needs.

RYODEN has established clear management policies to contribute to building a sustainable society and enhance corporate value. The company's purpose is to "bring excitement to life by connecting people and technology," with a vision of becoming an "excellent company that co-creates the future." Through this approach, RYODEN builds trust with stakeholders and pursues sustainable growth.

RYODEN has been advancing its medium-term management plan "ICHIGAN2024," which runs through fiscal year 2024. The plan focuses on three priority areas: "establishing business models for growth businesses," "improving productivity in core operations," and "strengthening business execution foundations." Notably, the company is creating new value through the profitability of its smart agriculture business and expansion of its plant factory operations.

The new medium- to long-term management plan "ONE RYODEN Growth 2029 | 2034" sets a vision toward becoming a 100-year company by 2047. Building on the foundation of the previous plan "ICHIGAN2024," this strategy aims for sustained corporate value enhancement. Specifically, it strengthens six management strategies and three core competencies—value creation, value delivery, and value circulation—to achieve both social and economic value.

RYODEN's growth strategy comprises both financial and non-financial targets. By fiscal year 2029, the company aims for operating profit of 13.5 billion yen and ROE of 10% or higher, with X-Tech and new business sales set at 23.5 billion yen. Additionally, RYODEN is committed to sustainability initiatives including greenhouse gas reduction and improving the ratio of female managers. Through these efforts, RYODEN is pursuing sustainable growth.