TEIKOKU ELECTRIC MFG.CO.,LTD.JP:6333Stock Price

Market cap
¥51B
P/E ratio
13.6x
Teikoku Denki Seisakusho manufactures specialized pumps for chemical, semiconductor, and industrial applications worldwide through global subsidiaries.

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Business Overview

Teikoku Denki Seisakusho operates primarily through two business segments: "Pump Business" and "Other." In the Pump Business, the company manufactures and sells canned motor pumps, metering pumps, and other pumps. These products serve various applications including chemical equipment, high-pressure gas equipment, refrigeration and air conditioning equipment, semiconductor equipment, and power-related equipment.

Canned motor pumps are supplied for chemical equipment, high-pressure gas equipment, refrigeration and air conditioning equipment, semiconductor equipment, and power-related equipment. Metering pumps are used in chemical equipment, high-pressure gas equipment, semiconductor equipment, and foam dispensing systems. Other pumps address power-related equipment and additional applications.

Teikoku Denki Seisakusho conducts sales and after-sales service both domestically and internationally. Domestically, Kyowa Denki Seisakusho, Teishin Seisakusho, and Kozuki Densou Co., Ltd. serve as outsourced manufacturing partners. Internationally, the company operates subsidiaries in Taiwan, Singapore, South Korea, Europe, the United States, China, and India, where it handles product manufacturing, sales, and after-sales service in each region.

The Other business segment handles specialized equipment, including permanent magnet generators. These products are manufactured by Kyowa Denki Seisakusho and Kozuki Densou Co., Ltd., with Teikoku Denki Seisakusho responsible for sales.

Management Policy

Teikoku Denki Seisakusho is committed to contributing to the realization of a sustainable society as its management philosophy. The company aims to achieve consolidated net sales of 7 billion yen by 2035 and establish overwhelming market leadership in the canned motor pump sector. To achieve these goals, the company is focusing on expanding global production capacity and improving design and production efficiency to enhance customer value.

The company's medium-term management plan (fiscal year ending March 2025 through fiscal year ending March 2027) has set "balancing growth strategy centered on environmental contribution with sustainable management" as its core theme. For the fiscal year ending March 2027, the company targets net sales of 32 billion yen, operating profit of 5.7 billion yen, and ROE of 14.0%. This will strengthen profitability and improve capital efficiency.

Teikoku Denki Seisakusho is strengthening product development for the decarbonization market and advancing its pump business, which directly contributes to reducing environmental impact. The company also aims to strengthen its growth organization foundation through respect for and enhancement of human capital. Through these initiatives, the company will achieve sustainable growth and enhance corporate value.

The company is expanding its business domains as a technology-intensive corporate group with canned motor pump technology as its core competency. This approach builds a corporate structure resilient to economic fluctuations and drives growth. Additionally, the company will change its corporate name to "Teikoku Corporation" in 2026 to pursue global expansion.