Teikoku Tsushin Kogyo Co.,LtdJP:6763Stock Price

Market cap
¥26.3B
P/E ratio
17.7x
Manufactures electronic components including resistors, switches and sensors through facilities in Japan, Thailand, China and Vietnam, serving customers globally.

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Business Overview

Teikoku Tsushin Kogyo Co., Ltd. is primarily engaged in the manufacturing and sale of electronic components. Specifically, the company handles products such as resistors, front operation blocks (ICB), switches, and sensors. These products are manufactured through domestic and overseas subsidiaries, with sales in Japan primarily conducted by Teikoku Tsushin Kogyo itself.

Teikoku Tsushin Kogyo's production system operates domestically through the company and its domestic subsidiaries working in coordination, while overseas production is handled by subsidiaries in Thailand, China, and Vietnam. For sales, overseas sales subsidiaries operate in Southeast Asia, North America, and China, while Teikoku Tsushin Kogyo conducts direct sales in other regions.

Additionally, Teikoku Tsushin Kogyo manufactures and sells machinery equipment and environmentally compatible materials. Domestically, Teikoku Tsushin Engineering Co., Ltd. handles machinery equipment sales, and Ecolopack Co., Ltd. manufactures and sells environmentally compatible materials. These operations are conducted in parallel with the electronic components business.

Management Policy

Teikoku Tsushin Kogyo Corporation is committed to contributing to a prosperous society through the manufacturing and servicing of electronic components. The company develops, manufactures, and sells electronic components such as variable resistors, fixed resistors, and sensors, while also providing custom units tailored to customer needs. Building on this experience and expertise, the company aims to deliver new products and technologies that address future market demands.

In 2021, the company established a five-year medium-term plan with the long-term vision of "deepening and evolving from resistor NOBLE to new-generation NOBLE." The plan is built on three core strategies: expanding existing business areas, developing new products that address customer needs, and establishing new market segments. The company is particularly strengthening its product offerings in energy efficiency, electric vehicle, and medical and healthcare sectors.

Teikoku Tsushin Kogyo targets revenue of 17 billion yen and operating profit of 1.5 billion yen by fiscal year 2025. By fiscal year 2030, the company aims to reduce greenhouse gas emissions by 50% or more compared to fiscal year 2020 levels and achieve 100% renewable energy adoption. Through these initiatives, the company is advancing toward a sustainable society.

The company is planning mass production of POCT biosensors for the medical and healthcare market and is conducting joint research with universities. Additionally, through improvements in element technology, the company is considering expansion into infrastructure and agricultural businesses. These efforts position the company for growth in new markets.