Mie Corp. Co., Ltd.
NNSEJP:34421,670.00
JPY
+10.00
(+0.60%)
ISIN
JP3167270002
Return %
Stock
S&P 500
1Y
3.92
14.20
3Y
84.53
81.12
5Y
150.75
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Full Time Employees
- 110
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Kuwana Japan
- IPO Date
- Jan 4, 2008
- Website
- mie-corp.jp
- Similar Companies
- Business
- MIE Corporation Co., Ltd. is a Japan-based holding company primarily engaged in the manufacturing, processing, and sale of stainless steel, special alloy, and non-ferrous metal pipe fittings, flanges, and prefabricated piping assemblies. Operating under the MIE brand, the company manufactures and distributes an extensive portfolio of piping components comprising butt-welded pipe fittings, including 45-degree, 90-degree, and 180-degree elbows, equal and reducing tees, concentric and eccentric reducers, caps, and stub ends; stainless steel pipe flanges, including slip-on welded, threaded, and blind flanges; prefabricated piping spools and modular assemblies processed via flare and barreling techniques to minimize on-site weld points; sanitary fittings and valves for high-purity environments; threaded and socket-welded fittings; and custom piping components engineered from corrosion-resistant titanium, aluminum, nickel alloys, and duplex stainless steel. The company conducts its operations through specialized operating subsidiaries, including core manufacturing arm MIE Techno Co., Ltd.; piping equipment trading and distribution subsidiary Chubu Materials Co., Ltd.; logistics, marking, packaging, and warehousing provider MIE Forward Co., Ltd.; and overseas manufacturing facility Shanghai Sangjiang Metal Technology Co., Ltd. in China. MIE Corporation supplies its engineered solutions to a wide range of capital-intensive industries, including petrochemical and chemical processing plants, semiconductor fabrication facilities, liquefied natural gas (LNG) carriers and onshore cryogenic storage terminals, thermal and nuclear power plants, water purification and sewage infrastructure, and commercial building construction. Originally founded in 1907 and established under its pure holding company structure in 2008, MIE Corporation is headquartered in Kuwana, Mie Prefecture, Japan. The company serves both domestic and international markets, exporting engineered piping products across Southeast Asia and global trade corridors. In recent developments, MIE Corporation unveiled a comprehensive medium-term management plan in 2026 aimed at bolstering operational resilience, expanding profit margins, and driving capital efficiency. To capture growth in decarbonization initiatives, the group established specialized project teams targeting the hydrogen and ammonia supply chain sectors, developing tailored piping and joint solutions for clean energy power generation, steelmaking, and zero-emission marine vessels. Operationally, the company introduced automated welding robotics into its primary manufacturing facilities to streamline production cycles, mitigate labor shortages, and institutionalize proprietary welding expertise. In corporate governance and financial strategy, MIE Corporation instituted a takeover defense policy in 2025, implemented revised product pricing schedules to adjust for raw material and logistics cost inflation, and reinstated regular dividend payments to enhance shareholder returns.