NIHON DEMPA KOGYO CO., LTD. (6779) Stock Price

Japan Radio Co., Ltd. is composed of 15 companies, including domestic and overseas subsidiaries and affiliates, and manufactures and sells quartz-related products. Its main products include crystal oscillators, crystal resonators, other quartz devices, applied equipment, synthetic quartz, and quartz wafers.

Crystal oscillators and crystal resonators are manufactured and sold by Japan Radio Co., Ltd., and domestically, manufacturing is outsourced to Furukawa N.D.K. Co., Ltd. and Hakodate N.D.K. Co., Ltd. Overseas, ASIAN NDK CRYSTAL SDN.BHD. and Suzhou Japan Radio Electronics Co., Ltd. handle manufacturing.

Japan Radio Co., Ltd.'s products are sold by NDK AMERICA, INC. in North America, ASIAN NDK CRYSTAL SDN.BHD. in Southeast Asia, and NDK EUROPE LTD. in Europe. Additionally, NDK ELECTRONICS (HK) LIMITED sells in Hong Kong, Taiwan, and southern China, NDK-ELECTRONICS SHANGHAI CO., LTD. sells in regions of China excluding southern China, and NDK TAIPEI CO., LTD. sells in Taiwan.

Other applied equipment, crystals, and quartz wafers are manufactured and sold by Japan Radio Co., Ltd., and domestically, manufacturing is outsourced to Furukawa N.D.K. Co., Ltd. and NDK SAW devices Co., Ltd. Overseas, NDK QUARTZ (M) SDN.BHD. handles manufacturing.

Nippon Denpa Kogyo has formulated a three-year medium-term management plan beginning in fiscal 2025, centered on the "Five Pillars + One" strategy. This framework aims to balance five core business pillars—automotive, mobile communications, industrial machinery, defense and space/QCM, and optical markets—alongside a new business initiative ("+ One"). The company seeks to establish itself as a growing solutions provider through this balanced approach.

In the automotive market, the company maintains global market share through cost improvements, with particular focus on cost reduction measures for the Chinese market. In mobile communications, the company concentrates on developing new products including GPS-enhanced devices and multi-output crystal oscillators, while expanding market reach through an open innovation strategy. In industrial machinery, the company addresses increased data center power demands driven by generative AI adoption, leading the market with ultra-low jitter oscillator technology for high-speed optical interconnect solutions.

In the defense and space/QCM markets, the company strengthens security capabilities by leveraging wireless communication technology. For space and QCM operations, technologies established through joint research with JAXA are being deployed for terrestrial applications and adapted for semiconductor manufacturing equipment. In the optical market, the company leverages its expertise in semiconductor and laser processing equipment, maintaining top market share in professional camera segments while introducing proprietary products.

As part of its long-term technology development strategy, Nippon Denpa Kogyo has established a marketing division to support market needs analysis and hypothesis development. Through customer engagement and collaboration with universities and research institutions, the company clarifies long-term market needs and advances new technology development. The company has also established a risk management committee to address priority risks including decoupling risks and information security risks.