(6647) Stock Price

Morio Electric has two main business segments: electrical equipment manufacturing and sales, and real estate-related operations. These businesses are operated by Morio Electric and its consolidated subsidiaries.

The electrical equipment manufacturing and sales business is divided into three sectors: railway-related, automotive-related, and marine-related. In the railway sector, the company supplies distribution boxes, destination displays, and LED lighting fixtures to railway operators and vehicle manufacturers.

In the automotive sector, the company manufactures and sells self-propelled sign vehicles and road information devices for highway companies and the Ministry of Land, Infrastructure, Transport and Tourism. This supports safe and efficient traffic management.

In the marine sector, the company manufactures LED lighting, explosion-proof lights, and marine information display systems, which it supplies to ships and naval vessels. This enhances the safety and efficiency of marine operations.

In the real estate business, the company operates five rental apartment buildings located in Katsushika Ward, Tokyo and Matsudo City, Chiba Prefecture. This ensures stable revenue and diversifies the business portfolio.

Morio Electric is committed to advancing transportation infrastructure through electrical equipment and operates primarily in the electrical equipment manufacturing and sales business. The company aims to enhance corporate value while adapting to environmental changes. Its fundamental policy is to pursue mutual prosperity among society, customers, and employees through active product development and market creation.

The company's medium to long-term management strategy is to maintain a customer-first approach in a low-volume, high-variety production environment and pursue new technology development. This aims to continue providing high-quality products and earn customer trust. To strengthen its position in growing overseas markets, the company is promoting systems that comply with ISO 9001 and ISO 14001 standards.

Morio Electric is focused on cultivating and securing diverse talent to achieve sustainable growth. Through strengthening existing operations and upgrading production equipment, the company seeks to improve productivity and quality, and deliver products and services that meet customer needs. The company also promotes development of new products incorporating cutting-edge technology to drive long-term corporate value enhancement.

Additionally, the company is committed to ESG (Environment, Social, and Governance) initiatives and works toward SDG realization to contribute to transportation infrastructure development. The company is strengthening organizational capabilities, advancing digital technology adoption, ensuring technology and skill transfer to the next generation, and actively expanding into overseas markets. Through these efforts, the company aims to achieve both sustainable societal development and corporate growth.