NAGOYA ELECTRIC WORKS CO.,LTD. (6797) Stock Price

Nagoya Electric Industries manufactures and sells information system devices as its primary business. The company is composed of Nagoya Electric Industries Co., Ltd. as the core entity, along with one consolidated subsidiary and three affiliated companies under the equity method. The company primarily provides products related to the development of ITS (Intelligent Transportation Systems), offering system products for information collection, processing, and provision related to road traffic.

Nagoya Electric Industries' main products include LED-based information systems, tunnel safety systems, mobile information vehicles, vehicle-mounted signs, scattered-light warning lights, parking guidance systems, weather and disaster monitoring systems, variable traffic control sign systems, and "Michi-no-Eki" (roadside station) information provision systems. The company also provides maintenance and management services for these systems.

The subsidiary Infomex Matsumoto Co., Ltd. provides GPS solar-powered traffic signals and LED display units. These products are also offered with maintenance and management services included. Through these products and services, Nagoya Electric Industries aims to improve traffic safety and efficiency.

Nagoya Electric Industries has set its growth strategy on evolving into a "solution-creating company." The company is transforming from a traffic information board manufacturer into a comprehensive infrastructure provider for road traffic safety, and is advancing infrastructure development to accommodate new forms of mobility. Through this transformation, the company aims to challenge both domestic and international markets and contribute to society by delivering forward-thinking new systems that anticipate customer needs.

Under its medium-term management plan, Nagoya Electric Industries has set targets to achieve sustainable growth: revenue of 22 billion yen, operating profit margin of 10% or higher, new system sales ratio of 10% or higher, ROE of 10% or higher, and dividend payout ratio of 30% or higher. To achieve these targets, the company is implementing rigorous revenue management and cost reduction while accelerating partnerships with other companies to expand its business domains.

Nagoya Electric Industries is developing systems that address construction site needs in infrastructure maintenance and preservation, as well as disaster prevention and mitigation systems. The company is particularly focused on three priority areas: labor-saving and safety solutions, disaster prevention and mitigation solutions, and DX and GX solutions, to promote sustainable infrastructure development.

Additionally, the company is exploring solutions to support autonomous driving society. This includes collaboration with other companies and activation of open innovation, with ongoing development of information provision systems utilizing IoT sensors. Through these efforts, the company aims to strengthen its capacity to respond to natural disasters caused by climate change and contribute to solving social challenges.