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Shinagawa Refrectories --- Growth strategy for the advanced equipment Sector.
On the 16th, Shinagawa Refractories <5351> announced its growth strategy for the advanced equipment Sector. Its subsidiary, Shinagawa Fine Ceramics (Shinagawa FC), has decided to make capital investments aimed at improving the production base and expanding production capacity, and the company approved the implementation of these capital investments at the board of directors meeting scheduled for November 7, 2024. This time, the execution of a lease agreement for business land for the new Construction has been completed. Shinagawa FC is involved in advanced industries, including manufacturing equipment for Semiconductors.
Shinagawa Reed's Inc. --- a new company established in China.
On the 6th, Shinagawa Refractories <5351> announced that it has completed the registration procedures with the relevant authorities to establish a new company in China. The company has two subsidiaries and one investment company to develop its refractory business in China. Each business entity is steadily expanding the sales of refractory products manufactured in Japan to China, as well as the sales of refractory products manufactured in China to overseas markets. This time, the company aims to further penetrate the Chinese and overseas markets by providing new sales support and services.
Shinagawa Refractories: Confirmatory letter.
Shinagawa Refractories: Interim Report - Period 191 (2024/04/01 - 2025/03/31)
List of stocks with cleared clouds (Part 2) [Ichimoku Kinko Hyo: List of Stocks with Cleared Clouds]
○ Cloud-covered Breakout Stock List Market Code Stock Name Closing Price Lead Span A Lead Span B Tokyo Stock Exchange Main Board <1301> Kyokuyo 3975 4356.25 4000 <1515> Nippon Steel & Sumitomo Metal 4235 4321 <1605> INPEX 2008 2011.25 2085 <2002> Nisshin Seifun Group 1806 1862 1821 <2154> Open UP 1896 2056 190
Shinagawa Refra---1Q saw a decrease in revenue, but revenue increased in the insulation material business and advanced equipment business.
Shinagawa Refractories <5351> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 2024) on the 7th.
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