IWATANI CORPORATION (8088) Stock Price

Iwatani Corporation operates diverse businesses across comprehensive energy solutions, industrial gases and machinery, materials, and other sectors. These operations are conducted through the company, its subsidiaries, affiliates, and related parties.

In its comprehensive energy business, Iwatani Corporation primarily supplies liquefied petroleum gas (LPG) and natural gas. The company provides a broad range of energy solutions from residential to industrial applications. It also focuses on renewable energy development.

In the industrial gases and machinery business, Iwatani Corporation supplies industrial gases including oxygen, nitrogen, and argon, which are widely used in manufacturing and healthcare sectors. The company also sells and maintains gas-related equipment and facilities.

In its materials business, Iwatani Corporation manufactures and sells chemical and plastic products. The company supplies materials to diverse industries including automotive, electronics, and construction, supporting technological innovation.

In other business areas, Iwatani Corporation operates in food, livestock, finance, insurance, transportation, security, and information processing. This diversified business model enables the company to meet a wide range of customer needs.

Iwatani Corporation is developing its medium-term management plan "PLAN27" to achieve sustainable growth. The plan's theme is "Realizing a Hydrogen Energy Society," with a basic policy of addressing social challenges and expanding business for sustained growth. Specific numerical targets include operating profit of 65 billion yen, ROE of 10% or above, and ROIC of 6% or above.

"PLAN27" establishes five priority initiatives: "Hydrogen Strategy," "Decarbonization Strategy," "Domestic Energy and Services Strategy," "Overseas Strategy," and "Non-Financial Strategy." Through these initiatives, the company aims to effectively utilize resources including investment and talent to achieve management targets. The company also plans to increase dividends in line with profit growth, targeting a dividend payout ratio of 20% or above by fiscal year 2027.

In its integrated energy business, Iwatani is expanding direct LPG customer numbers through M&A and strengthening sales of energy-related equipment. The company is also promoting fuel switching for decarbonization, selling carbon offset gas, and developing green LPG. Additionally, it is developing new products centered on Southeast Asia to expand overseas operations.

In the industrial gases and machinery business, the company is focusing on sales expansion for data centers and AI markets, while strengthening sales of hydrogen and ammonia equipment for decarbonization. To realize a hydrogen energy society, Iwatani is advancing the commercialization of CO2-free hydrogen supply chains and aims to steadily capture decarbonization demand.

In the materials business, Iwatani is promoting sales of Norwegian green titanium ore, expanding biomass fuel sales, and advancing recycled PET operations. The company is also working to expand stainless steel sales and secure critical mineral resources. Through these initiatives, Iwatani aims to enhance corporate value and meet shareholder expectations.