- Business
- Yamashin-Filter Corp. (6240.T), established in 1956 and headquartered at 16th Floor, Nisseki-Yokohama Bldg., 1-1-8 Sakuragi-cho, Naka-ku, Yokohama, Japan, develops, manufactures and sells specialized filter products primarily for construction machinery; hydraulic fluid filters, engine oil filters, fuel filters and transmission filters for construction, agricultural and industrial machinery; industrial and process filters; air filters and air filter media for applications including buildings, factories, semiconductor plants, sewage treatment, wind turbine generators, medical equipment and railroad cars; and healthcare products such as medical-grade masks utilizing proprietary nanofiber technology YAMASHIN NANO FILTER™. The company operates three main segments—Construction Machinery Filters (accounting for the majority of sales), Air Filters, and Healthcare—serving global construction machinery manufacturers in Japan, North America, Europe and emerging markets through subsidiaries including YAMASHIN CEBU FILTER MANUFACTURING CORP. in the Philippines, YAMASHIN AMERICA INC. in the US, YAMASHIN EUROPE BRUSSELS BV in Belgium, YAMASHIN THAI Ltd. in Thailand, YAMASHIN FILTER (SIP) INC. and YAMASHIN VIETNAM CO., LTD. in Asia, and wholly owned AQC Corporation in Japan. Recent developments include receipt of the Supplier Excellence Award 2024 from Caterpillar Inc. in October 2024, announcement of a medium-term management plan "Fly to the next stage!" in November 2024 targeting re-accelerated growth in construction machinery filters and expansion into comprehensive filtration via new materials for automobiles, aircraft and apparel, business restructuring such as review of China operations and dissolution of YAMASHIN FILTER (SIP) TECHNOLOGY INC. in 2024-2025, establishment of a new overseas subsidiary in December 2024, approval of GHG emissions reduction targets by SBTi in April 2025, record-high financial results for fiscal year ended March 2025 with sales up 11.5% and operating income up 86.4% driven by service parts demand and high-value line parts, upward revisions to earnings forecasts in November 2025, share repurchases and restricted stock compensation programs in 2025, and selection for ESG indices including FTSE Blossom Japan Index in July 2025.