Kanematsu’s Foundations

Financial and ESG Highlights(As of March 31)

JGAAP

IFRS

2016

2017

2018

2019

2020

2021

2022

2023

2023

¥1,019,232—
80,021
18,262¥1,114,539—
86,402
19,776—¥704,211
87,88023,547—¥668,374
86,23818,772—¥675,579
100,139
22,633—¥714,790
106,371
26,160—¥723,849
110,01430,349—¥721,802
110,904
28,352—¥649,142
101,515
23,635—¥767,963
111,801
29,347—¥911,408
130,894
38,896—$6,825,495
980,264
291,293

16,781

19,07522,373

18,122

17,87526,04329,177

26,944

23,58028,76535,696

267,3319,564

11,79910,546

8,959

8,049

16,317

16,605

14,39913,315

15,986

18,575

139,114

1,355
1,466
2,821

22,384(1,111)
21,273

6,758(6,649)109

33,024(4,214)
28,81011,852(14,691)(2,839)

434
1,103
1,537

24,698(6,575)
18,12324,259(10,215)
14,04436,984(9,927)
27,057

15,382(10,547)
4,835

(296)
(16,684)(16,980)(2,221)(124,948)(127,169)

399,186
75,912

428,459
96,204

466,314
119,015

443,592
120,706

479,717
129,863

519,889
147,050

549,459
158,698

551,671
166,174

557,495
180,492

634,456
199,282

677,588
143,423

5,074,431
1,074,095

54,51971,657

90,244

91,599100,357

116,012125,246

130,829

143,926

159,484

128,525

962,523

86,43968,03872,155

48,81355,42959,04549,96951,80740,52051,242

147,948

1,107,981¥ 22.80¥ 28.09¥ 125.494¥ 106.464¥

95.644¥ 193.794¥ 198.22¥ 172.43¥ 159.44¥ 191.42¥ 222.38$ 1.67129.82170.54

1,072.204

1,088.454

1,192.214

1,377.664

1,499.86

1,566.60

1,723.42

1,909.64

1,538.42

11.52

—

3.00

4.00

5.00

6.00

48.005

60.00

60.00

60.00

65.00

75.00

0.56

20.5
13.7
1.6

18.7
16.7
0.9

13.0
19.4
0.8

9.9
20.6
0.5

8.4
20.9
0.6

15.1
22.3
0.5

13.8
22.8
0.4

11.3
23.7
0.4

9.7
25.8
0.3

10.5
25.1
0.3

12.9
19.0
1.15

392.586,087,765
31.90
—
—
—

398.686,256,363
32.70
—
—
—

400.745,920,960
29.50
—
—
—

358.31
5,510,121
35.00
—
—
—

304.05
4,919,786
34.43
21.93
12.50
0

265.44
3,099,900
42.20
36.56
5.64
0

274.432,503,6259
36.18
30.89
5.29
0

313.05
1,809,9509
29.46
24.28
5.18
0

—

—

—

—

0

0

0

0

—
735,174
5,832
816 (259)—
768,166
6,727
835 (273)—
772,137
6,666
842 (282)—
690,3786,915
765 (263)

0659,5347,182
775 (266)

0597,8457,296
795 (284)

0625,1327,446
788 (293)

0719,657
7,866
798(299)

32

33

33

34

34

36

37

37

13.8
4.8
8.1
7 (2)

15.4
5.2
11.6
8 (3)

15.5
9.4
12.1
8 (3)

15.0
10.5
12.5
6 (2)

14.0
17.1
17.5
6 (2)

13.8
—
18.1
6 (2)

15.0
—
19.6
7 (3)

13.7
—
19.2
7(3)

4 (3)

4 (3)

4 (3)

4 (3)

4 (2)

4 (2)

4 (2)

4(2)

Kanematsu’s Foundations

2015

The Kanematsu Group’s Value Creation

2014

Notes For the above items with two titles, the first applies to figures under JGAAP and the second to figures under IFRS.
1. Figures are rounded down to the nearest million yen. Percentages have been rounded off.
2. The U.S. dollar amounts represent the arithmetical results of translating yen to dollars at the rate of ¥133.53 to U.S.$1.00, the exchange rate prevailing on March 31,2023.
3. JGAAP: Net income attributable to owners of the Parent / IFRS: Profit for the year attributable to owners of the Parent.
4. Kanematsu executed a share consolidation on October 1, 2017, at a ratio of five common shares to one. The calculation of the above figures assumes that said shareconsolidation was implemented on April 1, 2014.
5. Kanematsu executed a share consolidation on October 1, 2017, at a ratio of five common shares to one. The calculation of the above figure assumes that said shareconsolidation was implemented on April 1, 2017.
6. The coefficients used to calculate the above figures are the most recent values published by the Japan Foreign Trade Council (originally published by the ElectricPower Council for a Low Carbon Society via the Japan Business Federation).

KANEMATSU Integrated Report 2023

Thousands of
U.S. dollars2

2013

ESG* (Non-Financial) Data: *ESG: Short for environmental ( ), social ( ), and corporate governance ( ).
CO2 emissions (t-CO2)6, 7, 8
471.42456.44377.54
6,874,521
6,648,353
6,645,797
Total paper use (sheets)7
External disposal of waste (t)7, 10
48.95
37.60
33.40
—
—
—
Recycled waste (t)7———
Non-recycled waste (t)7———
Hazardous waste disposal (t)7
Environment-related fines and———penalties paid (yen)7———
Violations related to water quality/volume7
828,514805,015
682,717
Total electricity consumption (kWh)7
Employees—consolidated
5,522
5,747
6,002
Employees—non-consolidated (women)
782 (242)
800 (246)
813 (253)
Percentage of women among
31
31
31
employees—non-consolidated (%)
Average length of service (years)
16.0
15.7
15.5
Three-year job separation rate (%)11
0
2.6
3.5
Average overtime worked (hours/month)
8.3
8.0
8.8
12
10 (0)6 (1)
7 (2)Directors (outside directors)
Audit & Supervisory Board members12
4 (3)
4 (2)
4 (3)
(outside Audit & Supervisory Board members)

92

Millions of yen1

The Origins of Value Creation

For the year:
Net sales
Revenue
Gross profit
Operating income/Operating profit
Income (loss) before income taxes andminority interests/Profit before tax
Net income (loss)/Profit for the year
attributable to owners of the Parent3
Cash flows from operating activities
Cash flows from investing activities
Free cash flow
At year-end:
Total assets
Net assets/Total equity
Shareholders’ equity/Total equity
attributable to owners of the Parent
Net interest-bearing debt
Per share (yen):
Net income/Basic earnings per share
attributable to owners of the Parent3
Net assets/Total equity attributable toowners of the Parent
Dividends
Financial indicators:
Return on equity (ROE) (%)
Equity ratio (%)
Net D/E ratio (times)

IFRS

7. The figures above are the totals for Kanematsu’s domestic locations on a non-consolidated basis and are subject to change due to changes in officespace due to the consolidation of branches or sales offices, etc.
8. For data on Kanematsu’s Scope 1 and Scope 2 emissions, please refer to p. 48.
9. For the years ended March 2021 and earlier, paper use was calculated based on sheets of paper (copy paper, envelopes, and business cards) purchased; from the year ended March 2022 it is calculated as sheets of copy paper (with all types converted to A4 equivalent) purchased.
10. Due to a change in aggregation standards, data for past years (the years ended March 2020 and 2021) has been revised. Data is for waste from officeactivities at main locations.
11. The percentage of employees hired in the year in question who had left the Group as of three years later (for example, of the 42 employees hired in
April 2015, 2 had left the Group as of April 2018, so the rate for the year ended March 31, 2016 is calculated as (2/42)×100).
12. As of the conclusion of the General Meeting of Shareholders following each fiscal year-end.

KANEMATSU Integrated Report 2023

93

Kanematsu’s Foundations

Management’s Discussion and Analysis
Business Results
For the fiscal year ended March 31, 2023, revenue increased¥143,445 million (18.7%) from the previous fiscal year to¥911,408 million. Gross profit increased ¥19,093 million (17.1%)
from the previous fiscal year to ¥130,894 million. Operating
profit rose ¥9,549 million (32.5%) year on year to ¥38,896 million, reflecting the increase in gross profit, despite a rise in selling, general and administrative expenses. Profit before tax
increased ¥6,931 million (24.1%) year on year to ¥35,696 million, largely due to the rise in operating profit. Profit for the year
attributable to owners of the Parent rose ¥2,589 million (16.2%)
year on year to ¥18,575 million. As a result, return on equity(ROE) calculated on the basis of total equity attributable toowners of the Parent (shareholders’ equity) came to 12.9%, andreturn on invested capital (ROIC)* came to 5.6%.

Segment Information
Results for each business segment are described below.

Electronics & Devices

Revenue increased ¥312 million from a year earlier to¥13,707 million. Operating profit fell ¥347 million to ¥662
million, and profit attributable to owners of the Parent
decreased ¥246 million to ¥219 million.

Analysis of Financial Status
Assets, Liabilities and Net Assets
Total assets at the end of the fiscal year under review
increased ¥43,132 million from the end of the previous fiscal
year to ¥677,588 million.
Interest-bearing debt increased ¥84,442 million from theend of the previous fiscal year to ¥227,894 million, mainly
due to a rise in short-term borrowings used for making tender offers. Net interest-bearing debt after deducting cash
and deposits rose ¥96,706 million from the end of the previous fiscal year to ¥147,948 million. Interest-bearing debt
does not include lease liabilities.
In terms of equity, total equity attributable to owners of
the Parent fell ¥30,959 million from the end of the previous
fiscal year to ¥128,525 million, mainly due to a decrease incapital surplus following the acquisition of additional sharesof Kanematsu Electronics Ltd.
As a result, the equity ratio at the end of the fiscal year
under review was 19.0%. The net D/E ratio stood at 1.15
times.

Steel, Materials & Plant
Revenue increased ¥45,400 million year on year to ¥193,393
million, due to a rise in revenue in the steel tubing business andenergy business. Operating profit rose ¥8,287 million to¥12,339 million, due to stronger profits in the steel tubing business and the energy business, and profit attributable to ownersof the Parent increased ¥3,435 million to ¥6,694 million.
Performance in terms of operating profit was as follows.
The steel tubing business was strong, reflecting growth inenergy investment in the United States and rising steel tubing prices. The energy business was strong due mainly to rising market prices and sales of marine fuel for ocean-goingvessels. The machine tools and industrial machinery business
saw firm performance due to increased domestic capital
investment demand.

Cash Flows

Motor Vehicles & Aerospace
Revenue increased ¥15,517 million year on year to ¥81,344
million, due to a rise in revenue in the aerospace business.
Operating profit decreased ¥178 million to ¥1,485 million,
due to a fall profit in the motor vehicles and parts business,while profit attributable to owners of the Parent declined¥653 million to ¥803 million
Performance in terms of operating profit was as follows.
Performance in the aerospace business was firm due to thedelivery of products for existing contracts and recovery indemand. Despite similar recovery in demand, the motor vehicles and parts business was weak as soaring transportation
costs put pressure on profits.

In the year under review, net cash used in operating activities
totaled ¥296 million. Net cash used in investing activities
amounted to ¥16,684 million. Net cash provided by financing
activities amounted to ¥4,751 million. As a result, after theeffect of exchange rate changes on cash and cash equivalents, cash and cash equivalents at the end of the fiscal year
under review stood at ¥79,462 million, down ¥11,958 million
from the end of the previous fiscal year.

Fundraising
The Kanematsu Group carries out fundraising in line with abasic policy of stably procuring funds at low cost as needed
to realize sustainable growth in line with its six-year mediumterm vision, future 135.

Operating Profit

Profit for the Year Attributable to Ownersof the Parent / Basic Earnings per Share(Millions of yen)

(Millions of yen)

(Millions of yen)

(Yen)

(Millions of yen)

1,000,000

40,00020,000400

150,000

16,605
767,963

723,849 721,802

30,00030,34915,00029,34728,352

14,399300

10,000 198.22

400,000

191.42172.43

10,000222.38200

120,000

2.0

90,0001.15
1.049,969159.44100

5,000

51,807

(FY)

2019

2020

2021

2022

2023

(FY)

0

0

2019

2020

2021

2022

2023

(FY) 2019

2020

2021

2022

2023

Profit for the Year Attributable to Owners of the Parent
Basic Earnings per Share

94

KANEMATSU Integrated Report 2023

158,698
150,000(Yen)(Millions of yen)

(%)

4,000

200,000

40

3,000

150,000

166,174
143,423

30,000

0.5

0

2020

2021

Net Interest-Bearing Debt

130,829

1,723.42

2,000

100,000

30

22.8

23.7

25.8

128,525
25.1
20
19.0

1,538.42

50,0001,000

50,000

10

0.3

0.3

0

(FY) 2019

1,909.64

100,000

1,499.86 1,566.60

0.4

159,484
143,926
125,246

51,242
40,5200.4
0199,282

200,000

1.5

60,000200,000

0(Millions of yen)

13,31523,63520,000Total Equity Attributable to Owners of
the Parent / Equity Ratio

180,492

15,986649,142600,000(Times)147,948 2.5

Total Equity / Total Equity Attributable to
Owners of the Parent per Share

18,575

911,408
800,000

Net Interest-Bearing Debt*1 /Net D/E Ratio*2

Kanematsu’s Foundations

Revenue

38,896

The Group raises funds primarily through indirect financing based on good relations with banks, life and non-life
insurers, and other financial institutions. Kanematsu also raises funds from capital markets by issuing straight corporate
bonds as a means of long-term capital procurement. During
the year under review, the Company borrowed ¥58.4 billion
to finance the acquisition of common stock of Kanematsu
Electronics Ltd. through a tender offer. In addition, theCompany redeemed ¥5.0 billion in straight bonds that had
matured. As a result, at the end of the fiscal year, debt procurement through direct financing accounted for 7% of consolidated interest-bearing debt.
To facilitate capital procurement, Kanematsu receives ratings from Japan Credit Rating Agency, Ltd. (JCR) and Rating
and Investment Information, Inc. (R&I). The Group’s longterm ratings as of the end of the fiscal year under review are
A-(stable) from JCR, and A- (stable) from R&I, one rank higher
than a year earlier.
To secure liquidity on hand, the Group maintains an ample
balance of cash and cash equivalents and has establishedcommitment lines with major financial institutions.
To efficiently procure capital on a consolidated basis, theGroup has adopted a cash management system under whichfundraising for major domestic subsidiaries and affiliates isconcentrated at the Parent Company and proceeds are thenallocated in response to capital requirements. At the end of
the fiscal period under review, the Company’s interestbearing debt accounted for 74% of the consolidated Group’s
interest-bearing debt, a reflection of the concentration offund procurement at the Parent Company.
As a result of the above fundraising activities, at the endof the fiscal year under review, gross interest-bearing debt
stood at ¥227,894 million, an increase of ¥84,442 million
from the end of the previous fiscal year. Net interest-bearing
debt stood at ¥147,948 million, up ¥96,706 million from theend of the previous fiscal year. As a result, the net D/E ratio
stood at 1.15.
Corporate bonds and long-term borrowings (including thecurrent portion of corporate bonds and long-term borrowings) accounted for 38% of the balance of interest-bearing
debt at the end of the fiscal year under review (or 48% on a
non-consolidated basis).

The Kanematsu Group’s Value Creation

Revenue increased ¥27,050 million year on year to ¥282,513
million due to higher revenues in the ICT solutions business,the electronic components and materials businesses, and thesemiconductor parts and manufacturing equipment business. Operating profit rose ¥1,267 million to ¥20,331 million
due to higher profit in the ICT solutions business and thesemiconductor parts and manufacturing equipment business. Profit attributable to owners of the Parent increased¥832 million to ¥8,776 million.
Performance in terms of operating profit was as follows.
The ICT solutions business was strong, reflecting an increase
in security- and network-related sales and improvement indelivery delays. The semiconductor parts and manufacturing
equipment business was firm due to growth in shipments ofsemiconductor and LCD panel manufacturing equipment
and supplies, reflecting booming demand. The mobile business remained lackluster, reflecting a sluggish device sales
volume and a decrease in fee income due to revisions to fee
conditions.

Other

Revenue increased ¥55,164 million year on year to ¥340,448
million, reflecting a rise in revenues in the feedstuff businessand the meat products business. Operating profit rose ¥522
million to ¥4,063 million, due to a higher profit in the feedstuff business, while profit attributable to owners of the
Parent decreased ¥326 million to ¥2,192 million.
Performance in terms of operating profit was as follows.
Performance in the feedstuff business was strong, reflecting
improved profitability. In the food business, trading of products for the retail market was firm. Performance in the meatproducts business was weak, due to a downturn in the overall meat product market from the summer onward.

The Origins of Value Creation* ROIC = Profit for the year attributable to owners of the Parent / Invested
capital (Interest bearing debt + Shareholders’ equity)

Foods, Meat & Grain

2022

2023

Net D/E Ratio*1	Net interest-bearing debt = Interest-bearing debt
–Cash and cash equivalents*2	Net D/E ratio = Net interest-bearing debt / Total
equity attributable to owners of the Parent

00(FY) 2019

2020

2021

2022

2023

0

0

(FY) 2019

2020

2021

2022

2023

Total Equity

Total Equity Attributable to Owners of the Parent

Total Equity Attributable to Owners of the Parent per Share

Equity Ratio

KANEMATSU Integrated Report 2023

95

Kanematsu’s Foundations

Major Group Companies(As of June 1, 2023)

Electronics Japan& Devices* Companies with shares listed on a stock exchange
Kanematsu Electronics Ltd.
Nippon Office Systems Ltd.
Kanematsu Sustech Corporation
Kanematsu Communications Ltd.
NSC Company Limited
Kinkitelecom CO., LTD.
GCC Corporation
Kanematsu Granks, Corp.
Kanematsu Futuretech Solutions Corporation
Kanematsu Advanced Materials Corp.
Kanematsu Kangawa Co., Ltd.
Kanematsu K.U. Co., Ltd.

G-Printec, Inc.

Design, development, manufacture, sales, and maintenance services (OEM) for card printers and related equipment

Japan Data Exchange Inc.
Kanekoh Electronics (Shanghai) Co., Ltd.
Getech Automation Pte Ltd
KIS Global GmbH
www.CanadianPassportPhotos.ca Inc

Data utilization consulting and data exchange support
Design, development, manufacture, and sales of control modules for lithium ion batteries
Manufacture, sales and maintenance services for depanelers and system integrator services for automated machinery
Sales of card printers
Sales and maintenance services for passport photo printing systems

Japan

Kanematsu Foods Corp.
Kanematsu Agritec Co., Ltd.

Food wholesaling and cold storage
Manufacture and sales of feed and fertilizer
Sales of soybeans, pulses & peas, and grain; Development and marketing of tofu and other ingredients forprocessed foods
Sales of pet food and other products
Primary processing of meat
Manufacture of dim sum and delicatessens
Production of processed vegetables and fruits
Wholesale of confectionery and baking ingredients
Primary processing of beef
Manufacture and sales of feedstuff (puffed soybeans, soybean meal)
Processing and sales of aloe vera
Manufacture of processed foods; Management of central kitchen
Sales of hay and roughage
Production of hay
Seed development; Contract farming; Sorting, processing, and sales of food soybeans

Kanematsu Soytech Corp.

China

ThailandIndonesia
U.S.A.

Steel,
Materials& Plant

Sales of steel and construction materials
Cutting and processing of steel sheet; Sales of construction materials
Processing and sales of stainless steel, titanium, and high-alloy steels
Construction, design, manufacture, installation, and sales of steel joinery
Sales of petroleum products and LPG
Delivery and storage of petroleum products
Domestic sales, import, and export of chemical products, pharmaceuticals, pharmaceutical ingredients, andKanematsu Chemicals Corp.
functional food materials
Kanematsu Wellness Corp.
Sales of health foods and provision of medical information
Kanematsu KGK Corp.
Sales of machine tools and industrial machinery
KGK Engineering Corp.
Machinery installation and maintenance; Automation technical support and sales of related equipment
Watachukikai Corp.
Wholesale of cutting tools and peripheral and auxiliary tools
Aioi Sekkei Co., Ltd.
Design, manufacture, and installation of plant equipment
South Korea AJUSTEEL Co., Ltd.*
Steel processing and fabrication
China
Kanematsu KGK Trade & Sales (Shanghai) Co., Ltd. Sales of machine tools and industrial machinery
ThailandKGK Engineering (Thai) Co., Ltd.
Sales of machine tools and industrial machinery
Vietnam
ATAD Steel Structure Corp.
Design, manufacture, transportation, and installation of various steel structures
U.S.A.
Steel Service Oilfield Tubular, Inc.
Sales of steel materials for natural resource excavation
Benoit Premium Threading, LLC
Steel tubing fabrication; Manufacture and sales of steel tubing-related parts
KGK International Corp.
Sales of machine tools and industrial machineryJapan

Kanematsu Aerospace Corp.
KANEYO Co., Ltd.
Datatec Co., Ltd.

Ireland
PolandOther

Kanematsu Trading Corp.
Kyowa Steel Co., Ltd.
Eiwa Metal Co., Ltd.
Kenkosya Co., Ltd.
Kanematsu Petroleum Corp.
Kanematsu Yuso Co., Ltd.

U.S.A.

KG Aircraft Rotables Co., Ltd.
Aries Motor Ltd.
Aries Power Equipment Ltd.
Kanematsu Ventures Inc.

Japan

Hokushin Co., Ltd.*
Shintoa Corp.
Kanematsu Logistics & Insurance Ltd.
Japan Logistics Co., Ltd.

Indonesia

96

PT. Dunia Express Transindo

KANEMATSU Integrated Report 2023

Sales of aircraft, defense, and aerospace-related products as well as 3D laser scanners and XR solution equipment
Sales of bedding, fiber raw materials for industrial materials, and synthetic fiber raw materials
Development and sales of network services for vehicle operation management, driving safety analysis, etc.;
Development and sales of vehicle measuring instruments
Replacement and maintenance of aircraft rotable components; Leasing; Sales
Sales and maintenance of automobiles
Sales of engines, generators, lawnmowers, and other general-purpose machinery
Investment in VC funds; Seeking out advanced technologies; Growth support for startups
Manufacture and sales of medium-density fiberboard
Import, export, and sales of pet supplies, soft drinks for vending machines, aero-engines, feed materials, andmetal products
Insurance agency and forwarding business; Consigned freight forwarding business
Warehouse and self-storage operation
Total logistics services, including trucking, warehousing, customs clearance, domestic and international
forwarding, and container depot operations

Company Name
EstablishedFoundation
President & CEO
Head OfficePaid-in Capital*
Fiscal Year
General Meeting of
Shareholders
Number of Offices*

KANEMATSU CORPORATION
August 15, 1889
March 18, 1918
Yoshiya Miyabe
7-2 Marunouchi 2-chome,
Chiyoda-ku, Tokyo
100-7017, Japan¥27,781 million
April 1 to March 31
June
Domestic: Tokyo Head Office, Kobe Head Officeand branches 5
Overseas: 35
798 (Consolidated: 7,866)

Number of Employees*

Investor Information
Stock Exchange Listings
Stock CodeTransfer Agentfor Common Stock
Shares Authorized
Shares Outstanding
Minimum Trading Unit
Number of Shareholders

Composition of Shareholders

Tokyo
8020
Sumitomo Mitsui Trust Bank, Limited
200,000,000
84,500,202 (including 263,928 treasury shares)
100
32,329Financial institutions

35.13%

Foreign institutions
and individuals

33.33%

Individuals and others(including treasury shares)21.58%
Other corporations

5.60%

Securities firms

4.36%

Principal Shareholders

Number of shares held (thousands)

Percentage of voting rights (%)

The Master Trust Bank of Japan, Ltd. (trust account)

13,107

15.56

Custody Bank of Japan, Ltd. (trust account)

5,072

6.02

Tokio Marine & Nichido Fire Insurance Co., Ltd.

2,322

2.75

SSBTC CLIENT OMNIBUS ACCOUNT

2,142

2.54

MSIP CLIENT SECURITIES

1,894

2.24

The Bank of New York Mellon Corporation 140044

1,418

1.68

MUFG Bank, Ltd.

1,417

1.68

STATE STREET BANK AND TRUST COMPANY 505103

1,287

1.52

BNYM AS AGT/CLTS NON TREATY JASDEC

1,273

1.51

BBHFOR UMB BANK, NATIONAL ASSO-PEAR TREE POLARIS VAL SM CAP FD

1,265

1.50

Note: Calculated after deduction of treasury shares (263,928 shares)

Kanematsu’s Foundations

Motor
Vehicles &AerospaceJapan

GPC Holdings Co., Ltd.
Ks’ Meat Solution Co., Ltd.
Dalian Tiantianli Food Co., Ltd.
Shangdong Lufeng Foods Co., Ltd.
Iwase-Esta Kanematsu Co., Ltd.
Dalian Matsutomo Foods Co., Ltd.
Dalian Runsong Biological Feed Co., Ltd.
Siam Aloe Vera (2005) Co., Ltd.
PT. Kanemory Food Service
KAI Enterprises, Inc.
Sage Hill Northwest, Inc.
KG Agri Products, Inc.

Corporate Profile

The Kanematsu Group’s Value Creation

NS Technologies Inc.

(As of March 31, 2023)

The Origins of Value Creation

Foods,
Meat &
Grain

System integration of ICT and communications equipment
Development, sales, and maintenance of software for computers and computer peripherals, etc.
Manufacture and sales of home-construction materials; Ground inspection services and improvement work;
Installation and sales of security cameras
Sales of mobile communications devices; Mobile internet systems and services
Sales of mobile communications devices; ICT solution services
Sales of mobile communications devices; Internet connection services
Sales of mobile communications devices
Website planning, building, and operation; Content planning, production, and sales
Import, export, processing, development, design, manufacture, sales of semiconductors,
electronic components, and module products; EMS business
Import, export, storage, sales, and processing of materials and components for vehicle equipment, industrial electronics,
and communication devices
Sales of industrial materials and raw materials, and electronic components and materials
Sales of industrial materials and chemicals
Design, development, and sales of semiconductor production equipment, testing equipment, and wafer marking
equipment; Technical services
Design, development, and manufacture of IC test handlers

Kanematsu PWS LTD.

China
Singapore
Germany
CanadaCorporate Profile

Stock Price/Trading Volume
Trading Volume

Stock price(¥)(Thousands of shares)

2,000

25,0001,500

20,0001,000

15,000500

10,000

0

5,000
0
18/4

6

8

10

12 19/2

4

6

8

10

12 20/2

4

6

8

10

12 21/2

4

6

8

10

12 22/2

4

6

8

10

12 23/2

KANEMATSU Integrated Report 2023

97