SUGIMOTO & CO.,LTD. (9932) Stock Price

Sugimoto Shoji's primary business is the sales of measuring instruments, work tools, machine tools, and pneumatic and hydraulic equipment. The company operates as a corporate group that includes one consolidated subsidiary and one non-consolidated subsidiary, providing these products as machinery, tools, factory supplies, and consumables for use in factories and manufacturing facilities.

Sugimoto Shoji operates on an independent accounting basis by sales office and makes management decisions and performance evaluations based on each office's financial information. The company pursues a community-focused sales approach, with decisions on opening, expanding, or closing sales offices prioritizing regional characteristics. Sales strategies are also developed with regional considerations in mind, and each sales office is organized by sales territory.

The company's business segments are divided into four regions: Eastern, Central, Western, and Overseas. The Eastern region, centered in Tokyo, operates 14 sales offices including the Omori and Kawasaki offices. The Central region, centered in Nagoya, operates 12 sales offices including the Nagoya and Hamamatsu offices. The Western region, centered in Osaka, operates 26 sales offices including the Nisoku and Jusan offices. The overseas business is handled by the Trade Division.

Sugimoto Shoji has adopted a multifaceted approach to its growth strategy. First, the company is strengthening sales of new product lines, with particular focus on digital transformation (DX) related offerings. Additionally, it is pursuing business partnerships with companies in different industries to enter new markets. Through these efforts, the company is leveraging its existing network while expanding into new regions.

Furthermore, Sugimoto Shoji aims to expand its business by using M&A strategy to fill white space gaps across industries and regions. The company is also actively promoting ESG (environmental, social, and governance) initiatives, implementing community contribution activities and climate change measures. Specifically, these include converting company vehicles to eco-friendly models and rebuilding offices using timber construction.

Investment in IT resources is also a key component of the strategy. Sugimoto Shoji is investing in cutting-edge technology including infrastructure and using these investments to improve operational efficiency. This enables the company to consolidate operations and pursue future revenue growth. The company is also committed to enhancing employee satisfaction through improved working conditions and expanded benefits programs.

Under its medium-term management plan "Start of the next 100 years～Challenge to Change," Sugimoto Shoji emphasizes a customer-centric perspective and demonstrates a commitment to pursuing new business opportunities with unified effort across the entire group. Under this plan, the company has set targets for revenue and profit to achieve sustainable growth.