Today I will talk about SHINAGAWA REFRACTORIES, which mainly manufactures and sells refractories for the steel industry.
※The above images are from SHINAGAWA REFRACTORIES’s website
SHINAGAWA REFRACTORIES was founded in 1875, and its main products are refractories.
They are industrial materials that can withstand high temperatures of more than 1,500 degrees and are used in steel, glass, non-ferrous metals, chemicals, cement, incinerators, waste melting furnaces, gas, and electric power, etc., which are the foundation of many industries.
Something near to you perhaps, all the red bricks at buildings of Tokyo Station were produced by SHINAGAWA REFRACTORIES.
￥3,585 （11/26 last closing price)
The latest stock price ← click here Trading unit: 100
The final month of the settlement : March
Dividend yield 5.30 %
PER 5.16 PBR 0.53
Equity ratio 54.9 %
SHINAGAWA REFRACTORIES is also actively expanding globally. In 2019, it will establish a joint venture in India, where further economic growth is expected, and set up a production base near customers to ensure a stable supply system.
Note: You should be responsible for your own investment. Please make your own final judgment.