This article introduces recently IPO-listed companies in Japan while highlighting key challenges, business opportunities, industry trends, and unique business models in the Japanese market.
STG, headquartered in Yao, Osaka, specializes in the manufacturing and processing of lightweight metal components, with a particular focus on magnesium die-cast products. Leveraging proprietary technologies and a global production network, STG supports industries such as automotive, electronics, and medical devices with high-precision, high-quality parts.
Amid growing global demand for vehicle electrification and lightweight solutions, STG sets itself apart with its advanced mold design and casting expertise, enabling complex component production at scale. The company’s unique strengths—including integrated in-house production capabilities, global supply chain responsiveness, and robust safety standards for magnesium handling—position it as a leader in a high-barrier niche market.
In FY2024, STG recorded consolidated revenue of ¥5.24 billion and net income of ¥198 million, marking year-on-year growth supported by increased automotive-related orders, favorable foreign exchange gains, and strategic capital investments. The company also completed its transition from the TOKYO PRO Market to the Tokyo Stock Exchange Growth Market in March 2024, reinforcing its commitment to accelerated expansion and enhanced corporate transparency.
Looking ahead, STG has unveiled its mid-term strategy “Challenge 100,” targeting ¥10 billion in revenue and ¥800 million in operating profit by FY2028. Through continued investment in production capacity, M&A initiatives, and innovation in lightweight materials, STG aims to become a global niche leader driving the future of sustainable manufacturing.
| Company Name | STG Corporation |
| Headquarters | 6-82-2, Yamaga-cho, Yao City, Osaka, Japan |
| Website | https://www.stgroup.jp/en/ |
| Year of Establishment | 1982/6/21 |
| Listing Date | 2024/3/21 |
| Industry | Manufacturing (nonferrous metals) |
| Business Overview | Manufacture and sale of magnesium and aluminum die-cast products |
| Representative (CEO) | Teruaki Sato |
| Number of Employees | 61 (as of 2023/12/31) |
| Stock Exchange | Tokyo Stock Exchange Growth |
| Auditor | EY Japan |
| Lead Underwriter | Mizuho Securities |
| Market capitalization (at opening price) | 3,178 million yen |
| PER (at opening price) | 13.89 |
| Major shareholders (Top 3) | •Teruaki Sato (31.91%) •TNP SME and Venture Growth Support Investment Limited Partnership (14.42%) •Takeyuki Sato (9.40%) |
This document has been prepared based on information available at the time of the research. While we strive for accuracy, we do not guarantee the completeness or correctness of the information provided. This document is for informational purposes only and does not constitute investment advice or a recommendation. Readers are encouraged to conduct their own verification and due diligence before making any decisions.
Source: Tokyo IPO, Official Website, Yahoo! Finance
