ICOM INCORPORATED【JP:6820】Stock Price

Icom's primary business is the manufacturing and sales of wireless communication equipment. Specifically, the company produces wireless communication equipment for land-based operations, amateur radio use, and maritime applications, along with other wireless communication equipment and network devices. These products are widely used as information and communication equipment.

Manufacturing is conducted by Icom and its subsidiary Wakayama Icom. Some components are sourced from subsidiaries PURECOM CO., LTD. and ICOM ASIA CO., LTD., as well as affiliated company Position Corporation. This approach ensures product quality and stable supply.

Sales are conducted globally through Icom's subsidiaries. In North America, Icom America, Inc. and ICOM CANADA HOLDINGS INC. handle sales; in South America, ICOM DO BRASIL RADIOCOMUNICACAO LTDA.; in Europe, Icom (Europe) GmbH; and in Asia and Oceania, Icom (Australia) Pty., Ltd.

In Japan, Icom and Icom Information Equipment Corporation manage sales. Additionally, Comforce Corporation provides wireless communication system design, installation, and support services. Together, these operations address diverse customer needs.

Furthermore, Macro Technos Corporation provides contract software development and technical support. This adds value to Icom's products and enhances customer satisfaction.

Icom is advancing a growth strategy based on wireless communication technology. The company operates under the management philosophy of "Creating an enjoyable future and delightful technology through communication," and contributes to the development of the information society and the realization of a safe and prosperous society by leveraging wireless communication technology and creativity.

Icom's growth strategy consists of three main pillars. First is the strengthening of core business. The company is expanding from standalone radio equipment business to the development and sales of more advanced communication systems, and is deploying new domains and platforms. Additionally, it has successfully entered the satellite wireless communication field and is advancing unique product offerings.

Second is the challenge of new business models. Icom is expanding recurring revenue streams such as line usage fees into overseas markets to increase revenue. The company is also advancing into different industries by leveraging wireless communication technology and building strategic partnerships.

Third is a sustainable management strategy aimed at becoming a 100-year company. Icom is pursuing improved value propositions based on sustainable management and sustainable growth based on ESG principles. Furthermore, the company is advancing robotic production and smart factory initiatives to continue reforming and evolving its manufacturing processes.

Icom has announced its "Medium-Term Management Plan 2026" with the fiscal year ending March 2026 as the final year, and is working toward achieving sales targets. Although business performance in the second year of the plan faces challenging conditions, the company is executing the plan steadily.