Osaki Electric Co.,Ltd. (6644) Stock Price

Osaki Electric Industries operates measurement and control businesses and real estate businesses both domestically and internationally. In its domestic measurement and control operations, the company manufactures and sells electric meters and provides solution services. Key subsidiaries include Enegat Corporation and Osaki Electric Systems Corporation, which also manufacture and sell distribution panels.

Iwate Osaki Electric Corporation and Osaki Platec Corporation handle the manufacturing of electric meters and supervisory control equipment. Osaki Data Tech Corporation develops and sells meter reading systems and equipment, while La Classin Corporation manages the production and sales of smart lock-related products.

In its overseas measurement and control operations, OSAKI United International Pte. Ltd. oversees the EDMI Group. EDMI Limited manufactures and sells electric meters and related systems. EDMI (Shenzhen) Co., Ltd and EDMI Electronics Sdn Bhd handle electric meter manufacturing.

In its real estate operations, Osaki Electric Industries and Osaki Estate Corporation engage in property leasing. Through this diversified business portfolio, the company has established a stable revenue base.

Osaka Electrical Manufacturing aims for sustainable growth and has adopted a new management philosophy starting in fiscal year 2024: "Making the invisible visible and creating new value for society." Based on this philosophy, the company supports stable supply of social infrastructure through the provision of products and services centered on electricity meters.

The company is expanding its "solutions business" beyond the power sector to address social challenges. In particular, it is advancing new solutions for achieving a decarbonized society with smart meters as the core. Through these efforts, the company aims for sustainable growth across the entire group.

Under its medium-term management plan (fiscal years 2024–2026), the company targets revenue of 100 billion yen, operating profit of 9 billion yen, and net profit of 5.5 billion yen. Domestically, it will focus on smart meter business as the main pillar while expanding GX services and smart locks. Internationally, it is shifting toward a profit-focused business model.

Key strategies include providing added value to social infrastructure centered on smart meters, supporting operational improvements through digital technology, and delivering GX services for realizing a decarbonized society. Through these initiatives, the company is building a business foundation for the next growth pillar.

In overseas markets, the company is advancing high-value-added solutions tailored to regional characteristics and strengthening industrial meter business. Through this transformation toward profit-focused operations, the company aims for sustainable growth.