SEIKO ELECTRIC CO., LTD. (6653) Stock Price

Shoei Electric Manufacturing Co., Ltd. operates five business segments, each engaged in the development, production, sales, and service of products in their respective fields. These segments are the Power Division, Environmental Energy Division, Information Division, Service Division, and Other (Electronics Control Equipment Division, etc.).

The Power Division manufactures and sells centralized monitoring and control systems for power plants and substations, electrical equipment, and distribution line automation control systems. The company also provides construction and engineering services related to these products. Key affiliated companies include Dalian Shoei Electric Control Co., Ltd. and Beijing Shoei United Electric Machinery Co., Ltd.

The Environmental Energy Division provides systems for water supply and sewage facilities, power receiving and distribution and monitoring control systems for highways, and systems for renewable energy. The company also provides construction and engineering services for these products. Trytec Co., Ltd. is among its affiliated companies.

The Information Division provides cloud services (SaaS) related to ports, healthcare, and e-learning services. Shoei IT Solutions Co., Ltd. and Shoei IT Solutions Philippines operate in this field.

The Service Division sells products related to digitalization and decarbonization of electrical machinery equipment, energy-saving equipment, and robots. The company also provides related engineering, construction, and maintenance services. Shoei Service & Engineering Co., Ltd. is an affiliated company in this division.

The Other Division manufactures and sells control equipment, electronic devices, and light-control films. The company also undertakes electrical construction and machinery installation work. Shoei Electric Construction Co., Ltd. and Shoei Electric Asia (Malaysia) SDN.BHD. operate in this field.

Seiko Electric Manufacturing Co., Ltd. is committed to realizing an environmentally friendly society based on its proprietary technologies in information and control. The company prioritizes customer satisfaction and fosters a corporate culture centered on respect for people, while promoting efficient group management and enhancing shareholder value as its fundamental policy.

Under its medium-term management plan "SEIKO IC2026," the company targets revenue of 40 billion yen, operating profit of 3.6 billion yen, and an operating profit margin of 9.0% by 2026. To achieve these goals, the company emphasizes key performance indicators including revenue, operating profit, ROE, and ROIC.

Seiko Electric Manufacturing Co., Ltd. addresses social challenges through digital technology, providing smart security solutions leveraging AI, IoT, and sensor technologies. This enables greater efficiency in power and plant equipment operations, strengthening business expansion to power companies and industrial plants nationwide.

The company also provides energy solutions utilizing renewable energy and battery storage systems to realize a decarbonized society. These solutions address power demand from data centers and semiconductor factories while advancing decarbonization efforts.

Under the "One Seiko" initiative, the company leverages the combined capabilities of its group to deliver comprehensive solutions integrating OT, IT, products, and AI. The company has established a research and development center to promote open innovation and accelerate the creation of new technologies and businesses.

Furthermore, Seiko Electric Manufacturing Co., Ltd. promotes diversity and inclusion, working to enhance employee engagement through workplace improvements and work style reforms. Through these efforts, the company aims for sustainable growth and to become a trusted corporate group among all stakeholders.