No Data
No Data
Shinagawa Refla Research Memo (9): Announcing the long-term vision "Vision 2030" and the sixth medium-term management plan (1).
In May 2024, the Long-Term Vision "Vision 2030" and the 6th Mid-Term Management Plan (March 2025-March 2027) were announced as Shinagawa Refractories <5351> unveils its mid- to long-term growth strategy. Although the 150th anniversary of its founding will be in 2025, the 6th Mid-Term Management Plan has been formulated via a backcasting approach from "Vision 2030" as a first step towards the future beyond that. The corporate philosophy is scheduled to be restructured in March 2026. 1. "Vision 2
Shinagawa Refla Research Memo (7): Improved spreads in the refractory business have contributed to increased profits by segment.
- Performance trend of Shinagawa Refractories <5351> 2. Business segment trend The operating profit for the March 2024 period increased by 3,043 million yen compared to the previous period. By segment, the refractory sector increased by 2,706 million yen, pushing up overall profits. The insulation material sector increased by 238 million yen, the engineering sector by 62 million yen, and others by 55 million yen, while the ceramics sector decreased by 1 million yen. (1) Refractory sector refractories.
Shinagawa Refra Research Memo (6): The March 2024 period is expected to achieve record profits due to improved spreads and overseas business expansion.
Performance Trend 1. For the 2024 fiscal year ending in March, Shinagawa Refractories Co., Ltd. <5351> achieved its highest ever consolidated sales and profits. Sales increased by 15.4% compared to the previous year to ¥144,175 million, operating profit increased by 28.1% to ¥13,887 million, ordinary profit increased by 30.1% to ¥14,903 million, and net income attributable to parent company shareholders increased by 83.9% to ¥15,280 million. As an important evaluation item, March 2024
Shinagawa Refla Research Memo (5): From March 2024, transitioning to a group management system centered around sector management (3).
Japan's domestic crude steel production fell below 0.1 billion tons for the first time in 10 years in 2019 due to the slowdown in the global economy caused by the prolonged US-China trade war, decreased exports, sluggish domestic demand, and natural disasters.
Shinagawa Refla Research Memo (4): From the fiscal year ending in March 2024, the company will transition to a group management system centered on the sector.
Overview of Shinagawa Refractories <5351> Business (2) Insulation Sector Ceramic fiber insulation materials are essential materials for energy saving due to their light weight, low thermal conductivity, and high insulation properties. They respond to various needs with various products such as construction-friendly modules, molded products, insulation boards, seats, gaskets, etc. In 2004, they acquired Isolite Industries, which performs insulation business. Although the shareholding ratio was 54.9%, it was acquired by TOB+stock transfer request by the end of March 2022.
Shinagawa Refla Research Memo (2): aims to achieve a sustainable society as a leading company in high-temperature technology.
Shinagawa Refractories' company overview: 1. Overview. The company group is one of the top players in the global refractory market. As a leading high-temperature technology provider, it is committed to contributing to the development of industries and the realization of a prosperous society by offering a range of refractories and engineering services such as manufacturing and selling refractories, designing and constructing furnaces across various industries in Japan such as iron and steel, nonferrous metals, cement, glass, incinerators, waste melting furnaces, gas and electrical utilities etc.
No Data