ALPS ALPINE CO., LTD. (6770) Stock Price

Market cap
¥496.1B
P/E ratio
21.6x
Alps Alpine makes electronic components, sensors, and automotive systems for consumer electronics and cars, serving manufacturers worldwide through four main business divisions.

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Business Overview

Alps Alpine operates four business segments: Components, Sensors & Communications, Modules & Systems, and Other. The company and its operations are composed of 55 subsidiaries and 36 affiliated companies.

The Components segment provides switches, actuators, and haptic devices. These products are integrated into various electronic devices to enhance operability and user experience.

The Sensors & Communications segment handles sensors and communication devices. These products serve as critical components supporting next-generation technological innovation, including IoT and autonomous driving technologies.

The Modules & Systems segment supplies automotive modules, information and communication equipment (infotainment and displays), and sound systems. This segment will be renamed to the Mobility segment effective April 1, 2025.

The Other segment includes system development, office services, finance and leasing operations, and travel services. These services are provided to meet diverse corporate needs.

Major affiliated companies span both domestic and international markets. Domestically, these include Alps Alpine Corporation and Alpine Marketing Corporation. Internationally, operations include ALPS ALPINE NORTH AMERICA, INC. and ALPS ALPINE EUROPE GmbH.

Management Policy

Alps Alpine pursues the maximization of corporate value based on its corporate philosophy, emphasizing "pursuit of value," "harmony with the earth," and "contribution to society." Through this approach, the company promotes management aligned with ESG and SDGs, aiming to build a sustainable future.

The company has formulated "Vision 2035," outlining a growth strategy for the next decade. Grounded in sensory engineering, the company leverages mobility business and sensor technology to deliver "emotion, safety, and environment" as core value propositions. The company is particularly advancing into the digital cabin and robotics markets.

The Medium-Term Management Plan 2027 prioritizes user-centric product development and the adoption of sustainable technologies. The company aims to strengthen profitability through a shift toward high-value-added products, the reduction of unprofitable products, and ROIC-focused management. Additionally, the company is focusing on the development of next-generation electronic components.

Alps Alpine has reorganized its business portfolio into three segments: Components Business, Sensor & Communication Business, and Mobility Business. This restructuring aims to maintain and expand the revenue base while pursuing balanced growth.

To respond to changing business environments, Alps Alpine prioritizes maintaining competitiveness in global markets. The company is addressing geopolitical risks and technological evolution through supply chain reviews and new market development.

The company has identified material issues from an ESG perspective and is advancing the creation of environmentally valuable products and the reduction of GHG emissions. These efforts aim to realize sustainable business operations and enhance corporate value. The company is also promoting workforce reskilling and leadership development.

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