IWATSU ELECTRIC CO., LTD. (E01768) Stock Price

Iwatsu Communications has four main business segments: information and communications, printing systems, electronic measurement, and real estate. In the information and communications business, the company manufactures and sells business phones, PBX systems, in-building PHS systems, smartphone integration solutions, paging systems, telephones, network-related equipment, contact center solutions, CRM solutions, system operation monitoring services, data center services, data analytics solutions, security solutions, asset management solutions, business continuity planning solutions, wireless authentication systems, emergency notification devices, LED lighting systems, energy management systems, solar power monitoring systems, remote level monitoring systems, web communication tools, and factory IoT solutions.

The printing systems business manufactures and sells digital platesetters, business card cutters, label printers, inkjet printers, mailing-related equipment, consumables, and disinfection and hygiene products. In the electronic measurement business, the company manufactures and sells digital oscilloscopes, various probes, digital multimeters, universal counters, signal generators, educational training equipment, thermal conductivity measurement devices, positioning displacement meters, non-contact displacement meters, non-contact thickness gauges, radiation dose monitors, isolation systems, semiconductor curve tracers, high-voltage CV measurement systems, magnetic material characteristic measurement devices, pattern generators, power analyzers, frequency response and impedance analyzers, amplifiers, aerospace equipment systems, electronic components (connectors, switches, and harnesses), and infrared thermography.

Finally, the real estate business engages in property leasing and related activities. Through these business segments, Iwatsu Communications addresses a wide range of customer needs. These operations are conducted across the entire group, comprising Iwatsu Communications and its affiliated companies.

Iwasaki Tsushin-ki is guided by the fundamental principle of contributing to social progress and development through its business operations in information and communications, printing systems, and electronic measurement. The company pursues management that values speed, innovation, and dialogue, aiming to provide distinctive, high-quality products and services that meet diverse customer needs.

In fiscal 2022, the company formulated a four-year medium-term management plan under the theme "REBORN," and is advancing with unwavering commitment to sweeping cost structure reform without exception, contribution to realizing a carbon-neutral society, and promotion of ESG management. The plan establishes as core policies the thorough reduction of fixed costs, execution of growth strategies responsive to market changes, pursuit of enhanced corporate value and sustainable growth, and acquisition of investor recognition.

Specific initiatives include production efficiency improvements, business selection and concentration, growth strategy acceleration through alliances, and growth strategy advancement through M&A. Through these measures, the company targets consolidated results for the final year of 26.5 billion yen in revenue, 2.1 billion yen in operating profit, and 6.8% ROE, with further ambitions to exceed 8% ROE through strengthened M&A activities.

The company also prioritizes ESG management promotion, having established an ESG Committee composed of full-time directors and executive officers to advance environmental, social, and governance initiatives across the group. For shareholder returns, the company implements policies emphasizing stable profit structure realization and dividend payout ratio, while advancing IR activities including IR system development and earnings briefing sessions.

Through these growth strategies and initiatives, Iwasaki Tsushin-ki aims to respond to changing business environments and achieve sustainable growth.