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Background and Purpose of the Consolidation
Carbon
Neutral
Shrinking engine parts market
Industry
Restructuring
Structural change in the automotive and parts industry
Major
Environmental
Changes
Expansion into new industrial areas
Expanding
Growth
Opportunities
Increase demand for new functional components
Mission of RIKEN CORPORATION and Nippon Piston Ring Co., Ltd.
Development of eco-friendly engine parts
SDGs/ESG/Decarbonization
Need to increase investment in new business areas
Business Consolidation
Utilizing the brand strengths of both companies cultivated over many years,
we will promote the reallocation of management resources and the
development of the next core business under integrated governance
Accelerate efforts
to achieve
decarbonization
Evolve into a
completely new
leading company
Achieve sustainable
growth and increase
corporate value
In addition to strengthening the profitability of existing businesses centered on automotive engine parts, we will work with a greater sense of speed to create our next core businesses and new products in the nonautomotive engine parts field, evolving into a completely new leading company and
aiming to further increase corporate value. Evolve into a completely new leading
company Achieve sustainable growth and increase corporate value
Maximizing Group Synergies by Effectively
Utilizing the Resources of Both Companies
01
Strengthen existing businesses by reallocating
management resources,
and early development of core
products for future business
02
Strengthen the capabilities to respond to
an increasingly decarbonized society
03
Reduce costs through shared use of
infrastructure and other resources
04
Reduce manufacturing costs by improving
production efficiency through shared
product integration, and achieve timely and
appropriate fulfillment of supply
responsibilities
05
Optimize skills through personnel and technology exchanges
Business of NPR-RIKEN
Automotive
Parts
Marine and Industrial
Components and
Parts
Piping Products
Metal Injection
Molding Parts
Thermal
Engineering
Products
EMC Products
Medical
Equipment
RV Parts and
others