Mory Industries Inc. (5464.T) manufactures and sells stainless steel pipes and tubes, stainless steel bars, processed stainless steel products, welded carbon steel tubes, and tube processing machinery. The company produces round stainless steel tubes; square and modified stainless steel tubes; stainless-steel-clad tubes; stainless steel joint parts; flat bars, angle bars, and round bars; flexible stainless steel tubes; stainless steel household products; and fabricated products from stainless steel tubes; as well as welded carbon steel tubes for machine structural and general structural purposes, welded carbon steel square pipes for general structural purposes, and machinery including models PC, PCH, PCJ, PCPG, ED, EDS, and KALTENBACH metal saws. Its products serve construction materials, hardware, furniture, automotive parts, and general structural applications. Mory Industries operates primarily in Japan through its domestic segment and in Indonesia via its majority-owned subsidiary PT. Mory Industries Indonesia, which focuses on stainless steel pipes for automobile and motorcycle markets. Founded in 1929 and headquartered at Namba SkyO Building 22F, 5-1-60 Namba, Chuo-ku, Osaka 542-0076, Japan, the company lists on the Tokyo Stock Exchange's Prime Market. In recent developments, Mory Industries continues its equity buyback program announced in January 2025, with tranche updates reflecting ongoing shareholder returns amid stable financial performance, including consolidated revenue of ¥44.93 billion and net profit of ¥3.64 billion for the trailing twelve months as of September 2025.