Sanken Electric Co.,Ltd. (6707) Stock Price

Sanken Electric is primarily engaged in the manufacturing and sales of semiconductor devices. The company operates these businesses through 17 consolidated subsidiaries and one affiliate accounted for using the equity method, enabling it to provide products and services that meet diverse market needs.

Sanken Electric's semiconductor devices are manufactured by subsidiaries including Ishikawa Sanken, Yamagata Sanken, Fukushima Sanken, Niigata Sanken, Dalian Sankern Electric, EK Co., Ltd., and PT Sanken Indonesia. In particular, Fukushima Sanken, Dalian Sankern Electric, and PT Sanken Indonesia engage in both manufacturing and sales operations.

Sanken Electric's products are sold through the company itself and through sales subsidiaries including Dalian Sankern Trading, Sanken Electric Korea, Sankern Electric (Shanghai), Sanken Electric Hong Kong, Sanken Electric (Thailand), Sanken Electric USA, and Sanken Electric Europe. This network enables the company to achieve global market reach.

Additionally, Sanken Electric Korea, Sankern Electric (Shanghai), Sanken Electric (Thailand), Sanken Electric USA, and Sanken Electric Europe provide technical support alongside sales activities, strengthening customer support capabilities.

Product development is handled by Advanced Power Device Technologies and Taiwan Sankern Electric. Sanken Business Service supports operational efficiency by providing administrative services to Sanken Electric.

Sanken Electric aims to realize a sustainable future through power electronics. Based on its management philosophy established in 2003, the company is committed to growth as an enterprise that contributes to innovation for customers, employees, and society.

Under its medium-term management plan "24 Mid-Term Plan," Sanken Electric positions fiscal 2024 as a recovery period from earthquake impacts, targeting net sales of 1 billion yen or more and an operating profit margin of 10% by fiscal 2027. This plan prioritizes sales expansion and profit generation at Sanken Core.

As part of its growth strategy, Sanken Electric is focusing on improving the ratio of new products and enhancing profitability of existing products. In particular, the company is pursuing profit improvement through enhanced execution of development gate management, securing appropriate selling prices, and cost reduction.

Additionally, the company is strengthening development resources and promoting elemental technology development through industry-academia collaboration. This enables integrated process and package development management, aiming to enhance technological capabilities.

Furthermore, Sanken Electric has made Powdec Corporation a subsidiary to strengthen its competitive advantage in the GaN power device market. The company plans to complete the absorption merger of Powdec in 2025.

Sanken Electric has adopted a CxO structure to ensure swift and accurate execution of management strategy. The CEO, COO, and CFO each fulfill their respective roles, aiming to enhance corporate value through DX strategy and ESG management initiatives.