HIROSE ELECTRIC CO.,LTD. (6806) Stock Price

Market cap
¥753.1B
P/E ratio
23.2x
Hirose Electric manufactures multi-pin connectors, coaxial connectors, and electronic components for industries worldwide through 19 subsidiaries.

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Business Overview

Hirose Electric, together with 19 subsidiaries, manufactures and sells multi-pin connectors, coaxial connectors, and other electronic components. These products are essential components used across various industries.

Multi-pin connectors include round connectors, rectangular connectors, and printed circuit board connectors. These are produced by manufacturing companies such as Tohoku Hirose Electric and Koriyama Hirose Electric, and supplied to the market through sales companies including Hirose Electric (U.S.A.) and Hirose Electric Europe.

Coaxial connectors include coaxial connectors and optical connectors. These are manufactured by companies such as Ichinoseki Hirose Electric and Taiwan Hirose Electronics Co., Ltd., and provided through sales offices worldwide. This meets demand in the telecommunications and data transfer sectors.

Other business operations include microswitches. These products are manufactured by Hirose Korea and Ichinoseki Hirose Electric, and sold through Hirose Korea and Hirose Electric Hong Kong Trading Co., Ltd. This serves the needs of a wide range of industries.

Management Policy

Hirose Electric is committed to driving technological innovation and developing and providing products that meet diverse customer needs. The company prioritizes contributing to the advancement of the electronics industry and increasing shareholder value over the long term as its core management objectives. Its fundamental strategy is to maintain a strong financial position while continuing to grow.

The company pursues high-profitability management, using IFRS-based operating profit margin and ROE as key performance indicators. Through these metrics, the company aims to enhance overall business profitability and capital efficiency.

As a medium to long-term management strategy, Hirose Electric emphasizes the pursuit of cutting-edge technology and efficient resource allocation. The company is expanding market presence in automotive, industrial equipment, telecommunications equipment, and smartphone sectors, while diversifying production bases domestically and internationally to increase enterprise value.

To respond to market diversification and shorter product lifecycles, the company is strengthening its development capabilities for high-value-added new products and improving production efficiency. It is also enhancing quality and cost competitiveness while advancing globalization and market development. Through these initiatives, the company aims to sustain growth even in challenging business environments.

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