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Kato Manufacturing Co., Ltd. - "REGZAM HD823MR-8" Sales Commenced
On the 6th, Kato Manufacturing Co., Ltd. <6390> announced that it had started selling the 23-ton class "HD823MR-8" as a new model of the hydraulic excavator "REGZAM" series. This machine inherits the excavating force, turning speed, and operability of the current machine (HD823MR-7) while complying with the latest exhaust gas regulations by installing a new engine that improves fuel efficiency and reduces noise. Furthermore, it aims to reduce daily maintenance and running costs throughout.
Kato Seisei---Promoting management with an emphasis on sustainability and ESG over the medium to long term
Kato Seisakusho <6390> announced on the 29th that it will promote management that emphasizes sustainability and ESG over the medium to long term. The company established a sustainability committee in 2023, and set up an “environmental subcommittee” and “personnel subcommittee” under it to plan prototypes and manage progress. In 2024, in order to promote sustainability management, specific project members with specific materiality (important issues) will be newly organized to “create innovations that enrich society.”
Kato --- 50t suspended rough terrain crane “SL-500rf3” is now on sale
Kato Seisakusho <6390> announced on the 16th that sales of the rough terrain crane “SL-500rf3” will begin in 2024/6. This product was equipped with a new engine on the predecessor “SL-500RF2,” and various performances have been inherited. The company will continue to aim for the realization of safety and the development of environmentally friendly products. The target sales volume is 100 units per year. The main feature of this product is that it is equipped with a new Cummins engine that conforms to the latest emission regulations, and the SL-5
Convertible Stock List (Part 3) [Parabolic Signal Convertible Stock List]
○ List of sales conversion stocks market code stock name closing price SAR Tokyo Stock Exchange Prime <6349> Komori 1200 1293 <6379> Raisnec 1825 2112 <6381> ANEST IWATA 1345 1409 <6390> Kato 1324 1428 <6440> JUKI
Kato Seisakusho --- Reviewing the mini excavator business in China
Kato Seisakusho <6390> announced on the 14th that it is proceeding with discussions on the mini excavator business manufactured and sold by Kato Nakahaya Construction Machinery (Kato Nakahaya), a subsidiary located in Xiamen, Fujian, China, including the disposal of shares held on the premise of liquidation with the joint venture company. Kato Nakahaya was established in 2004 through joint investment between Ishikawajima Construction Machinery at the time (currently absorbed and merged with Kato Seisakusho) and Hong Kong's Nakashun Machinery Holdings, and business performance has remained steady. However, the tough business environment continued, and it is still going
Kato Seisakusho --- Announces 2-digit increase in profit and year-end dividend increase for fiscal year ending March 24
Kato Seisakusho <6390> announced consolidated financial results for the fiscal year ending 2024/3 on the 14th. Net sales decreased 0.1% from the previous fiscal year to 57.498 billion yen, operating profit increased 31.4% to 1,654 billion yen, ordinary profit increased 38.1% to 2,575 billion yen, and net income increased 76.3% to 4.235 billion yen. Sales in the Japan segment increased 0.4% from the previous fiscal year to 51.90 billion yen, and operating profit increased 9.6% to 2,022 billion yen. Exports of hydraulic excavators manufactured in Japan to the US are yen
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