NEW COSMOS ELECTRIC CO., LTD【JP:6824】Stock Price

New Cosmos Electric Co., Ltd. operates primarily in the research and development, manufacturing, and sales of gas sensors. The company also develops, manufactures, sells, and maintains gas alarm devices and detectors. These operations are classified under a single business segment: gas alarm devices.

New Cosmos Electric and its affiliated company Figaro Engineering Inc. are responsible for gas sensor research, development, and manufacturing. In addition, they develop gas alarm devices and detectors, and oversee production management, quality control, and sales operations.

The manufacturing of gas alarm devices and detectors is primarily handled by Isuz Electric Co., Ltd., with operations in China through New Cosmos-Mostech Electronics (Shanghai) Co., Ltd. and in Europe through New Cosmos-BIE B.V. Sales expansion overseas is conducted through distributors including FIGARO USA, INC. and Taiwan New Cosmos Electric Co., Ltd.

Product maintenance is managed by New Cosmos Electric Service Co., Ltd. and New Cosmos-BIE B.V. Through this structure, the company maintains product quality and enhances customer satisfaction both domestically and internationally.

New Cosmos Electric is committed to using sensing technology to create safe, secure, and comfortable environments worldwide. Beyond disaster prevention and safety, the company is expanding into environmental, healthcare, and energy-efficiency sectors, aiming to grow as a comprehensive manufacturer of gas alarms and gas sensors.

The company is responding flexibly to social transformation driven by digital transformation and generative AI adoption. Specifically, it is advancing product development from a customer perspective, improving usability and gas sensor performance, and pursuing stronger technological competitiveness and differentiation.

Strengthening overseas operations is a key strategic priority. New Cosmos Electric is expanding sales in growth regions including North America, China, and Southeast Asia, and increasing sales of competitive sensors. By developing distributor networks and deepening relationships with local partners, the company aims to expand market share and establish service infrastructure.

The company is also investing in research and development of sensor technology as a foundation for sustainable growth. It is advancing gas sensor deployment using MEMS technology and developing new sensors, while deepening collaboration across the group to bring innovative products to market.

The company is also enhancing its sales and service operations to improve customer satisfaction. Through effective product delivery and strengthened after-sales service, it is expanding maintenance and solution businesses, contributing to solving customer challenges.

Operational efficiency and cost reduction are also priorities. Through selective allocation of management resources and digital transformation initiatives, the company is achieving faster development, improved productivity, and cost reduction, strengthening its earnings structure. This supports the goal of enhancing corporate value.

Compliance is also emphasized as critical. Through adherence to laws and social norms, the company builds strong reputation and trust. Based on its Medium-Term Management Plan 2025-2027, New Cosmos Electric aims to contribute to a sustainable society and enhance corporate value.