Maruichi Stainless Tube providing all your metal tubing needs, from stainless steel tube fabrication, to piping work, can manufacturing, and engineering.

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Targeting Expanded Growth though the New Mid-Term Plan

Last year, the final year of our Three-year Mid-Term Plan proved to be difficult, due to limited demand for seamless stainless-steel tubes and small diameter precision tubes. However, the Company was able to achieve profitability targets set out in the Mid-term Plan, for three consecutive years. We are confident of our organizational strengths. We would like to extend our heartfelt gratitude to our Customers and all our Stakeholders for their kind support and encouragement.

This year marks the start of our new FY 2024-2026 Three-year Mid-Term Plan. The Company will build on our organizational strengths to further expand our mid to long term operational footprint. Our new manufacturing plant under construction in Texas, USA, is on track to provide us with a major base of operations for small diameter precision tubes in the US market.

Currently the entire industrial sector faces the challenges towards a Decarbonized society. Going forward, usage of hydrogen and ammonia for fuel will expand, inducing new and diverse needs for our seamless stainless-steel tubes. We will continue to be steadfast in responding to these challenges with R&D and high-quality products, marking our contribution to Society.

April 1, 2024
Maruichi Stainless Tube Co., Ltd.
President and Representative Director
Takashi Onishi