SEIRYO ELECTRIC CORPORATION (4341) Stock Price

Nishi Denki operates two main business segments: information and communications equipment sales and information and communications systems services. In the equipment sales segment, the company sells and refurbishes mobile communication devices. Specifically, it handles devices from NTT Docomo, au, SoftBank, and UQ Mobile, selling them through 12 company-owned stores.

In the systems services segment, Nishi Denki provides technical services to government agencies and private companies, including sales, installation, maintenance, repair, and operation of information and communications equipment and systems. The company also develops, designs, manufactures, and sells wireless communication equipment and control panels. These operations are conducted through collaboration between Nishi Denki and its affiliated companies.

Nishi Denki is 23.2% owned by Mitsubishi Electric and operates as an affiliated company. Through this relationship, Nishi Denki provides sales support services for Mitsubishi Electric, including sales support for information and communications equipment and systems to government agencies.

Seiryo Electric aims to become "Only One and No. 1" in the information and communications business, with a focus on building trust-based relationships. The company's management philosophy includes delivering products and services that inspire and delight customers. Additionally, the company pursues enhanced corporate value and sustainable growth while contributing to regional development and environmental conservation.

As its growth strategy, Seiryo Electric promotes four core initiatives under the "One Seiryo" slogan: business expansion, business foundation establishment, human resource development, and strengthening corporate capabilities. In the information and communications terminal business, the company aims to support regional ICT through community-focused sales and diverse distribution channels.

In the information and communications systems business, the company captures demand for disaster prevention and mitigation measures, providing solutions for smart cities and DX-driven societies. The company focuses particularly on expanding sales of disaster prevention radio systems and water management systems to secure recurring revenue streams. This approach aims to build a stable earnings foundation.

Seiryo Electric has established a medium-term management plan targeting the fiscal year ending March 2027, with targets of 20 billion yen in consolidated revenue and 400 million yen in operating profit. The plan deepens existing businesses and develops new ones based on comprehensive solutions, strengthening the business foundation through expanded recurring revenue and human resource development.

The company also prioritizes strengthening corporate governance and enhancing internal controls. Through quality management and information security initiatives, the company aims to provide trustworthy services to customers. This approach seeks to achieve sustained enhancement of corporate value and fulfill social responsibility.