Daido Metal Unveils ‘Bridge to Daido 2030’ Midterm Plan for Sustainable Growth

Daido Metal Co., Ltd. ( (JP:7245) ) just unveiled an update.

Daido Metal Co., Ltd. has announced its new Midterm Plan, ‘Bridge to Daido 2030,’ aimed at increasing corporate value and achieving sustainable growth from 2025 to 2030. The plan focuses on restructuring the business to exceed capital costs and adapt to changes in the business environment. Despite challenges in the previous midterm plan due to global economic factors, the company achieved significant sales growth in FY2024. The new plan includes strategies to expand beyond traditional automotive and marine sectors, targeting general industry and frontier businesses, to enhance its business portfolio and address environmental regulations.

More about Daido Metal Co., Ltd.

Daido Metal Co., Ltd. operates in the manufacturing industry, primarily focusing on the production and supply of bearings used in automotive and marine engines. The company aims to maintain its position as the world’s leading manufacturer of plain bearings by leveraging its technological expertise, production know-how, and strong business foundations.

Average Trading Volume: 125,008

Technical Sentiment Signal: Hold

Current Market Cap: Yen23.79B

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