Seibu Electric & Machinery Co., Ltd.【JP:6144】Stock Price

Seibu Electric operates four business segments as follows.

1. **Conveyor Machinery Business**

Seibu Electric manufactures and sells conveyor machinery. Its consolidated subsidiary Seiden Kogyo handles sales, while Seibu Paint manages product coating. The company also supplies equipment to Yaskawa Electric, a major shareholder.

2. **Industrial Machinery Business**

In this segment, Seibu Electric manufactures and sells industrial machinery, with Seiden Kogyo responsible for sales. Seibu Paint handles product coating, and some raw materials are sourced from Seiden Kogyo.

3. **Precision Machinery Business**

Seibu Electric and its consolidated subsidiary Seibu High-Tech manufacture and sell precision machinery. Sales are handled by Seiden Kogyo and Seibu America Corporation, with Seibu Paint managing product coating. The company also supplies equipment to Yaskawa Electric.

4. **Other Businesses**

In this segment, Seiden Kogyo primarily engages in sales of machinery and equipment parts, multi-story parking systems, and facility maintenance work, along with other business activities.

Through these operations, Seibu Electric addresses diverse industrial needs.

Seibu Electric pursues the essence of technology and aims to contribute to the world as its fundamental policy. The company is particularly committed to "pursuing ultra-precision and mechatronics," seeking to develop proprietary products and provide flawless maintenance services. The company places emphasis on building a stable management foundation by responding swiftly to market changes and implementing proposal-based sales strategies.

The company has formulated its medium-term management plan "Seibu Vision 2027" covering fiscal years 2024 through 2027. This plan aims to shift management focus toward profitability and financial soundness, while also prioritizing growth and return on equity. In particular, the company seeks to provide value in addressing social challenges including declining working-age populations, aging infrastructure, and decarbonization.

In the material handling machinery business, the company is actively developing automation systems for retail to meet growing automation needs driven by e-commerce industry expansion. In the industrial machinery business, the company provides disaster prevention and mitigation products to address infrastructure renewal demand caused by natural disasters. In the precision machinery business, the company is strengthening sales activities in China and Southeast Asia to meet semiconductor-related demand.

"Seibu Vision 2027" identifies five priority initiatives: strengthening profitability of existing businesses, accelerating global expansion, pursuing new business domains, managing the balance sheet, and reinforcing the management foundation. By fiscal year 2027, the company targets net sales of ¥40,000 million, operating profit of ¥5,200 million, and a return on equity of 10.0%.