Nippon Sanso Holdings Corporation (NSHD), one of the world’s leading industrial gas suppliers, has published its Integrated Report 2024, presenting an in-depth analysis of its strategic priorities and business performance.
Released on September 25th, 2024, the report is a key component of the company’s transparency to investors and stakeholders, showcasing its financial growth, sustainability efforts and progress in its Medium-term Management Plan, ‘NS Vision 2026.’
The 2024 report outlines the company’s ambition to use its global presence and operational strengths to achieve growth by the fiscal year ending in March 2026.
NSHD’s strategy is built upon four pillars: ‘The Gas Professionals,’ representing its skilled human resources, ‘Think Globally, Act Locally,’ a commitment to regional adaptability, ‘Operational Excellence,’ and ‘Solution Creation Capability’ aimed at increasing customer satisfaction.
These pillars support the company’s mission of driving industrial productivity, enhancing human well-being and promoting sustainability across its various sectors, including industrial gases, electronic gases, medical gases and the Thermos consumer products business.
A key highlight of NSHD’s strategy is its emphasis on sustainability, which is woven into every aspect of the report. In line with global efforts to address climate change, the company is focusing on creating solutions that reduce environmental impact.
For instance, the report outlines specific initiatives aimed at energy efficiency and reducing carbon emissions in both industrial and medical gas applications.
The sustainability feature also emphasises innovations in electronics, which is a crucial sector for NSHD, particularly in regions like the US and Asia, where the demand for high-purity gases is rising in semiconductor manufacturing.
The report explores the business strategy by segment, providing detailed analyses of market positions, initiatives, and future growth opportunities. It explains how each segment will contribute to the overall goals of NS Vision 2026.
In the industrial gas sector, NSHD continues to operate through a diversified portfolio of solutions for key industries, including energy, electronics, healthcare and manufacturing.
The company also aims to further its leadership in the electronics segment, leveraging increasing demand for high-purity gases crucial for semiconductors and other advanced technologies.
The report also highlights the continued growth of NSHD’s Thermos brand, a product line that has gained global recognition. Thermos products, now sold in over 120 countries, have become an important revenue stream, contributing to NSHD’s diversified portfolio.
While not as prominent as its industrial and electronic gas operations, the Thermos business represents the company’s ability to tap into consumer markets and leverage its brand’s global presence.
The group has implemented various digital solutions and automated processes aimed at increasing productivity and optimising the supply chain. This aligns with their ‘Operational Excellence’ goal, helping NSHD maintain a competitive edge in an increasingly complex global market.
The report also touches on human resource strategies to enhance the company’s internal capabilities.
“Over the past several years, we increased our transparency and provided more details to the investment community,” said Alan David Draper, CFO at NSHD.
“We will continue to work to enhance external communication which allows for better industry and peer comparisons. Additionally, we increased the number of investor meetings over the past year by about 40%.”
“We will strive to maintain this heightened trend and to increase our attendance at institutionally sponsored investor events as they provide significant access to many investors in a short period.”
The full report is available to read here.
