GALILEI CO. LTD. (6420) Stock Price

Galilei operates primarily in the manufacturing and sales of freezers and refrigerators. Specifically, the company provides both household and commercial freezing and refrigeration units, playing an important role in food storage and distribution. Additionally, Galilei manufactures and sells medical and laboratory products, providing high-quality equipment to medical institutions and research facilities.

Galilei also manufactures and sells frozen and refrigerated display cases, supporting food display and storage in supermarkets, convenience stores, and similar retail environments. The company also manufactures and sells large-scale food processing machinery, supporting efficient production in the food industry.

Galilei manufactures and sells both large and small refrigeration panel equipment, providing refrigeration and freezing environments for facilities of various sizes. Service and maintenance operations are also an important part of the business, supporting the long-term use of its products.

The Galilei Group consists of 19 consolidated subsidiaries and 1 non-consolidated subsidiary. These subsidiaries are primarily located throughout Asia, with operations in Hong Kong, Singapore, Taiwan, Shanghai, Malaysia, Thailand, Vietnam, Cambodia, Myanmar, Indonesia, and the Philippines. This enables the company to conduct business across global markets.

Galilei's core mission is to contribute to consumers' "happiness" by focusing on the environment, safety, and peace of mind. Specifically, the company aims to improve food quality and works with customers to pursue deliciousness, safety, health, and convenience. Going forward, Galilei seeks to provide "happiness" to consumers, customers, employees, and shareholders.

The company has set a target operating profit margin of 10.0% on consolidated net sales from a profit-focused perspective. While expanding sales, Galilei is advancing the development and sale of high-value-added products and strengthening cost competitiveness. In fiscal year 2023, the company achieved a consolidated operating profit margin of 12.7%.

To address uncertain business conditions such as rising energy costs and raw material prices, Galilei is enhancing employee capabilities in character and technical skills while building trust relationships. As a "challenger opening the future of food and life," the company aims to become a "happiness-creating enterprise" that contributes to society.

In food service sales, backed by recovering inbound demand, Galilei proposes new kitchen equipment to restaurants and hotels. In medical and scientific equipment sales, the company develops environmentally conscious products and contributes to the commercialization of regenerative medicine.

For frozen and refrigerated showcase sales, Galilei plans to construct a new factory to improve national coverage. The company advances energy-efficient and low-environmental-impact product development, contributing to reduced electricity consumption in retail stores. In large food processing machinery sales, Galilei strengthens proposals for freezing technology.

The engineering division provides comprehensive support from design through construction and maintenance for food factories and logistics facilities. In the service and construction division, Galilei improves the accuracy of AI-powered smart diagnostics and promotes refrigerant gas leak warranties.

For international operations, Galilei has formulated the medium-term management plan "GALILEI Global Vision 2030" through 2030 and is expanding showrooms in priority countries. The company is establishing a diverse and inclusive workplace and developing talent to support next-generation cold chain infrastructure.

Galilei is strengthening partnerships with suppliers to realize a sustainable supply chain. As an environmental leader, the company is advancing the transition to green refrigerants and implementing energy-saving technologies to reduce CO2 emissions. Galilei is reinforcing compliance and working to restore trust.