Shindengen Electric Manufacturing Co.,Ltd. (6844) Stock Price

Shindengen Industrial Company manufactures and sells semiconductor products, electrical equipment, and power supply products. The company operates through 19 consolidated subsidiaries, 1 non-consolidated subsidiary, and 1 affiliated company that work together to deliver various products to the market.

Shindengen Industrial's business is divided into three segments: Device Business, Electrical Equipment Business, and Energy Systems Business. In the Device Business, subsidiaries such as Akita Shindengen and Togane Shindengen handle manufacturing and develop and supply semiconductor products.

The Electrical Equipment Business is operated by companies including Okabe Shindengen and Shindengen India Private Limited. This segment manufactures and sells electrical equipment, serving industries such as automotive and addressing a wide range of market needs.

The Energy Systems Business is managed by Shindengen Three-E, which develops and supplies power supply products. This business contributes to improved energy efficiency and provides sustainable energy solutions.

For sales, Shindengen Industrial handles procurement centrally and distributes products through subsidiaries including Shindengen America and Shindengen (Hong Kong). Additionally, certain products are sold directly by companies such as Shindengen India and Shindengen Mechatronics. This structure enables global market expansion.

Shindengen Industrial Co., Ltd. is pursuing sustainable growth under its Long-Term Vision 2030. This vision aims to contribute to a sustainable society by leveraging innovative technologies and providing solutions that consider environmental impact. The company is focusing particularly on the creation of power devices, mobility solutions, and environmental solutions, while building a product portfolio that prioritizes environmental contribution.

In its 17th Medium-Term Management Plan, the company has set the policy of "advancing to a growth stage through establishing a solid business foundation and improving capital efficiency." The plan prioritizes building a comprehensive package to enhance profitability, concentrating resources in growth fields, developing the Indian market, and promoting sustainability-focused management. Through these initiatives, the company aims to build a sustainable growth cycle and enhance corporate value.

Shindengen Industrial has set targets for fiscal year 2027 of 120 billion yen in revenue, an operating profit margin of 5.0%, and ROE of 6.0%. The company is also planning cumulative capital expenditures of 30 billion yen and research and development expenses of 14.5 billion yen over three years, implementing strategic resource allocation. Through these efforts, the company is advancing management with awareness of capital costs and stock price, targeting a PBR of 1.0x or higher.