(7723) Stock Price

Aichi Tokei Denki operates in measurement instrument-related business and other specialized equipment business. In the measurement instrument business, the company manufactures and sells gas-related equipment, water supply-related equipment, commercial sensors and systems, and instrumentation. Specifically, it provides meters for city gas and LP gas, industrial gas meters, pressure equipment, governor pressure monitoring systems, and gas meter reading systems.

In water supply-related equipment, the company handles water meters for municipal water systems, meters for industrial water and sewage systems, water meter reading systems, billing management systems, and emergency call systems for senior housing. In the commercial sensors and systems segment, it supplies various flow meters for factory markets and flow sensors for equipment integration.

In the instrumentation field, the company develops various flow meters and measurement, monitoring, and control systems for government procurement markets. In other specialized equipment business, it manufactures, repairs, and sells precision molds. Aichi Tokei Denki conducts manufacturing and sales in cooperation with domestic and overseas subsidiaries and affiliated companies.

Specifically, Taiwan Aichi Instruments & Technology Co., Ltd. in Taiwan, Aichi Tokei Denki Vietnam Co., Ltd. in Vietnam, Dalian Aichi Tokei Technology Co., Ltd. in China, and Shenzhen Aichi Sidu Instruments & Meters Co., Ltd. handle manufacturing and sales. Additionally, Aichi Packing & Transportation, a consolidated subsidiary, primarily handles product packaging and transportation.

Aichi Tokei Denki has formulated its "Medium-Term Management Plan 2026" covering fiscal years 2024 through 2026, and is advancing a growth strategy toward realizing a sustainable society. Under its mission to "create a tomorrow that is kind to people and the planet," the company aims to contribute to society by leveraging measurement technology and connectivity technology.

The company's basic strategy is summarized in three key points. First, it will expand its market and business domains, accelerating new value creation in the measurement field and global expansion. Second, it will strengthen the competitiveness of its core business through productivity improvements and business transformation via digital transformation (DX). Third, it will enhance corporate value by advancing sustainability initiatives and strengthening governance.

As specific measures, the company is maximizing the value of measurement data through AI technology and advancing hydrogen measurement technology. To increase competitiveness in global markets, it is developing products based on customer needs and deepening its presence in existing markets. Additionally, the company is focusing on reducing environmental impact and promoting reuse and recycling.

Aichi Tokei Denki targets net sales of 60 billion yen, ordinary profit of 5 billion yen, and ROE of 8.0% by March 2027. To achieve these goals, the company is strengthening aggressive overseas expansion, promoting digitalization and smartification, and enhancing its response to DX and carbon neutrality initiatives to realize sustainable growth.