NIHON DENKEI CO.,LTD.JP:9908Stock Price

Market cap
¥30.5B
P/E ratio
9.7x
Nippon Denkeи sells, repairs, and calibrates electronic measuring instruments across Japan, China, and global markets through specialized regional subsidiaries.

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Business Overview

Nippon Denkeи's primary business involves the sale, repair, and calibration of electronic measuring instruments. Through its group companies spanning Japan and overseas, the company provides region-specialized services. In Japan, subsidiaries including Aicor Engineering and U.I. Electronics operate their businesses.

In the Chinese market, the company operates through entities such as Denkeи Trading (Shanghai) Co., Ltd. and Nippon Denkeи (Hong Kong) Co., Ltd. These local subsidiaries function as independent operating units, developing region-appropriate strategies and conducting business activities.

In other regions, the company maintains operations in Malaysia, Thailand, South Korea, Vietnam, India, Indonesia, Taiwan, the Philippines, the United States, and Europe, providing services tailored to each region's needs. This approach strengthens the company's competitive position in global markets.

Nippon Denkeи's business segments are divided into three categories: "Japan," "China," and "Other." Each segment is built on a service structure suited to regional characteristics and implements comprehensive region-specific strategies.

Management Policy

Nippon Denkeи is advancing "INNOVATION2030 Ver.2.0" as the second phase of its growth strategy looking toward 2030. This plan leverages existing foundations while pursuing further evolution. The company is pursuing medium to long-term growth through expanding its business domains into growth markets, strengthening its systems proposal capabilities, and expanding global business operations.

The company targets a return on equity (ROE) of 10% or higher and practices management with awareness of stock price and capital returns. Through this approach, it aims to secure stable and sustainable ROE. Additionally, the company views employees as its greatest asset and actively invests in human capital to enhance employee skills and motivation.

Despite increasing macroeconomic uncertainty, Nippon Denkeи steadily pursues research and development and capital investment in growth fields. In particular, it is responding to next-generation technologies and digital transformation in the automotive and electronics industries, aiming to expand orders and profitability. Through these efforts, the company is strengthening its position as an industry leader.