Meiko Electronics Co., Ltd. (6787) Stock Price

Meiko is an electronics-focused company that designs, manufactures, and sells electronic circuit boards. The company operates a group consisting of 15 consolidated subsidiaries, 9 non-consolidated subsidiaries, and 2 affiliated companies. This structure enables Meiko to maintain an integrated system covering manufacturing through sales of electronic circuit boards.

Meiko's business primarily concentrates on the design and manufacturing of electronic circuit boards. This includes the development of printed circuit boards used in various electronic devices. These boards are utilized across a wide range of sectors, including smartphones, automobiles, and home appliances.

As of April 1, 2024, the company changed the names of several subsidiaries. Specifically, Meiko Embedded Products Co., Ltd. was renamed to Meiko Elec Develop Co., Ltd., and Meiko Embedded Technology Co., Ltd. was renamed to Meiko Elec Manufacture Co., Ltd. Additionally, Meiko Towada Vietnam Co., Ltd. was renamed to Meiko Electronics Hai Duong Vietnam Co., Ltd.

Furthermore, as of April 1, 2024, Meiko established a new subsidiary, Miyagi Meiko Co., Ltd. Through such organizational restructuring, Meiko aims to improve operational efficiency and expand its business. Additionally, Meiko Electronics Hoa Binh Co., Ltd. was included in the consolidated scope due to increased importance.

Meiko's non-consolidated subsidiaries include Meiko Electronics Europe GmbH and Guangzhou Mingze Technology Co., Ltd., while affiliated companies include Meilink Co., Ltd. and Longcheer Meiko Electronics Vietnam Co., Ltd. Through partnerships with these entities, Meiko is advancing its global business operations.

Meiko is a company primarily engaged in the design, manufacturing, and sales of electronic circuit boards, with expanding global operations. The company is building a stable supply system for cutting-edge electronic circuit boards while pursuing enhanced corporate value and sustainable growth. In particular, it is strengthening initiatives to prevent global warming and accelerate the adoption of digital technologies.

Meiko has established a medium-term management plan with the fiscal year ending March 2027 as the final year, under the purpose of "contributing to society by advancing and developing electronics." In its board business, the company is strengthening its production system to meet diverse customer needs with a varied product lineup. As a new business initiative, it is also establishing a factory for semiconductor package substrate production.

The company is promoting factory digitalization and automation to improve productivity and profitability. Additionally, toward realizing a decarbonized society, it is advancing energy-saving activities, expanding solar power generation facilities, and promoting recycling to reduce waste. Through these efforts, the company aims to maintain sustainable competitive advantage.

Meiko actively contributes to society and communities through business activities that consider ESG (environment, social, and corporate governance). By flexibly responding to market changes and promoting product development tailored to customer needs, the company aims to be a continuously growing enterprise.