Kurita Water Industries Ltd. (6370) Stock Price

Kurita Water Industries is a company that primarily provides water treatment technologies and operates a group consisting of 61 consolidated subsidiaries and 3 equity method affiliates. Kurita Water Industries manufactures and sells water treatment chemicals, manufactures and sells water treatment equipment, and provides maintenance and service for water treatment equipment.

Kurita Water Industries' business segments are divided into two markets: the electronics market and the general water treatment market. In the electronics market, the company manufactures and sells water treatment equipment, provides subscription-based services, manufactures and sells water treatment chemicals, performs precision cleaning, provides maintenance for water treatment equipment, and operates and maintains water treatment facilities. Key affiliated companies include Kurita Hansoo (South Korea) and Kurita Water Industries (Suzhou) Water Treatment Co., Ltd. (China).

In the general water treatment market, the company manufactures and sells water treatment equipment, provides subscription-based services, manufactures and sells water treatment chemicals, provides maintenance for water treatment equipment, performs industrial cleaning, operates and maintains water treatment facilities, conducts soil and groundwater remediation, provides environmental analysis (water quality and soil), and offers software services. Affiliated companies include Kurita America (United States) and Kurita Singapore (Singapore).

Kurita Water Industries operates globally with affiliated companies in the United States, Singapore, Germany, China, Taiwan, South Korea, and other regions, addressing water treatment needs in each area. Notably, Kurita America is scheduled to absorb and merge Avista Technologies on April 1, 2025.

Kurita Water Industries is pursuing a sustainable society centered on "water" and has established "creating new value in water" as its corporate vision. Starting in fiscal 2023, the company has expanded the core of its management from CSR to sustainability, aiming for growth that considers the mutual impact between corporate activities and natural environments and social systems.

Kurita Water Industries' medium-term management plan "PSV-27" covers a five-year period from 2023 and aims to establish a strong foundation for creating both social and economic value through the creation of new businesses based on social value and the deepening of existing businesses. The company targets revenue of 470 billion yen and ROE of 12% or higher by fiscal 2027.

Key initiatives include focusing on the electronics industry, creating shared value with society across diverse industries, promoting innovation to solve social challenges, strengthening the foundation as a technology-driven company, and reinforcing group management foundations. In particular, the company is accelerating business expansion in the electronics industry market and advancing global CSV business deployment.

Kurita Water Industries verifies new businesses from both social and economic value perspectives and seeks to develop new markets through dialogue with customers and stakeholders inside and outside the company. The company is also strengthening its foundation as a technology-driven company by building patent portfolios and leveraging data infrastructure. Through these efforts, it aims to enhance competitive advantage and achieve sustainable growth.