ODAWARA ENGINEERING CO., LTD.【JP:6149】Stock Price

Odawara Engineering's primary business is the development, design, manufacturing, and sales of winding equipment. The company supplies winding equipment for motors and bobbin coils to the home appliance, automotive, industrial and medical device, office automation/audiovisual equipment, and telecommunications sectors. These products are customized according to customer requirements and sold worldwide.

In the winding equipment business, Odawara Engineering operates alongside key affiliated companies including Odawara Automation Nagaoka Co., Ltd., Odawara Automation Inc., Odawara Automation Deutschland GmbH, Odawara Machinery Engineering (Guangzhou) Co., Ltd., and Leyao Electric Trading (Shenzhen) Co., Ltd.

Odawara Engineering also operates a blower and residential equipment business. This division manufactures and sells small blowers for indoor air conditioning units and cooling fans for machine tools. The company also produces waterproof lighting fixtures for bathrooms and ventilation-related products for residential and commercial buildings.

In the blower and residential equipment business, key affiliated companies include Royal Electric Co., Ltd., Royal Techno Co., Ltd., Leyao Electric (Hong Kong) Co., Ltd., and Leyao Electric (Shenzhen) Co., Ltd. These companies provide products used across diverse industries and meet customer needs.

Odawara Engineering has established a medium-term management plan for 2024 through 2026, targeting net sales of 18 billion yen and operating profit of 1.8 billion yen by 2026. Under this plan, the company aims to strengthen competitiveness and expand market share across its two primary business segments: winding machine systems and ventilation/residential equipment.

In the winding machine business, the company is focusing on technology development for xEV drive motors and generator winding systems to enhance competitiveness. The company will pursue increased orders through strengthened marketing, faster product performance, and improved quality control systems. Additionally, the company is implementing regional strategies to strengthen sales and service operations in China and North America.

In the ventilation and residential equipment business, the company is advancing differentiation of axial fans and reviewing production systems for cross-flow fans to increase added value. The company is also strengthening marketing efforts and developing products for new markets, with the goal of expanding sales of combined products with residential air conditioning units.

To enhance business competitiveness in an increasingly competitive market, Odawara Engineering is prioritizing capital investment and research and development spending to achieve sustainable growth. Through these efforts, the company aims to improve customer satisfaction, develop new markets, and further strengthen its competitive advantage.