Tensho Electric Industries Co., Ltd. (6776) Stock Price

Market cap
¥4.7B
P/E ratio
19x
Tensho Electric Industries manufactures automotive parts, logistics materials, and mechanical components across Japan, China, and North America, plus operates real estate.

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Business Overview

Tensho Electric Industries operates multiple business segments across a wide range of operations. The main business segments are Japan Molding Operations, China Molding Operations, America Molding Operations, and Real Estate Operations. Through these businesses, the company manufactures and sells automotive parts, logistics industry materials, mechanical component parts, and molds.

In Japan Molding Operations, Tensho Electric Industries and Ryumai Plastics Co., Ltd. handle the manufacturing and sales of automotive parts, logistics industry materials, mechanical component parts, and molds. This supports product supply throughout Japan.

China Molding Operations are managed by Tensho Plastics (Changzhou) Co., Ltd., which manufactures and sells logistics industry materials, mechanical component parts, and molds. The business responds to demand in the Chinese market.

In America Molding Operations, Sanko America Corporation, Sanko Plastics Mexico Corporation, and TMC Rosarito manufacture and sell logistics industry materials, mechanical component parts, and molds. The company is strengthening its business presence in the North American market.

In Real Estate Operations, Tensho Electric Industries leases land and buildings located in Sagamihara City to Iris Plaza Co., Ltd., and also leases land located in Nihonmatsu City. This establishes a stable revenue base.

Management Policy

Tenshow Electric Industries pursues its growth strategy under the management philosophy of "creating a prosperous society through manufacturing." The company prioritizes building trust with stakeholders and aims to deliver customer satisfaction through quality, price, and delivery performance. The company also incorporates corporate social responsibility, environmental conservation, and safety considerations into its management policy, going beyond legal compliance.

The company operates primarily in the molding sector, serving automotive parts, mechanical components, and logistics industry materials. In the domestic market, it aims to expand transactions with automotive-related companies and significantly increase sales of its own products. By leveraging its core technologies and making proposals to customers, the company seeks to expand its order intake.

To improve productivity, Tenshow Electric Industries has established a cross-functional production innovation team to promote labor-saving measures and automation. Through these efforts, the company aims to build an efficient production system and enhance competitiveness.

In the Chinese market, the company is pursuing cost reduction while advancing sales recovery and profit improvement. It is strengthening coordination between domestic sales and technical divisions in Japan and expanding orders for molded products from Japanese companies in China. The company is also enhancing its function as a mold ordering contact point.

Regarding internal controls, the company recognizes the importance of corporate ethics and is working to strengthen corporate governance and compliance. Through these efforts, the company aims to maintain sound, transparent, and fair management practices and become a company trusted by all stakeholders.

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