TOMITA ELECTRIC CO.,LTD. (6898) Stock Price

Tomita Denki operates two primary business segments: electronic component materials and real estate rental. In the electronic component materials business, the company manufactures and sells ferrite cores, coils, and transformers. These products are widely used as essential components in electronic equipment.

Tomita Denki's electronic component materials business is centered on the manufacturing and sales of ferrite cores. Manufacturing is handled by Tomita Denki and its subsidiary Zhuhai Tomita Electronics Co., Ltd., while sales are conducted by Tomita Denki, TOMITA FERRITE LTD., and Zhuhai Tomita Electronics Co., Ltd.

Additionally, Tomita Denki manufactures and sells coils and transformers. These products are essential electronic components used in power conversion and signal processing. Manufacturing and sales are primarily handled by Tomita Denki.

In the real estate rental business, Tomita Denki operates rental retail properties domestically. This business serves as a stable revenue source that supports the company's financial foundation.

Tomita Electric's fundamental business policy is to leverage technology to deliver valuable products to the market while pursuing customer satisfaction. The company aims to enhance corporate value by returning appropriately earned profits to shareholders and employees, while advancing globalization.

The company prioritizes stable management and strengthens its operational foundation by building robust internal reserves. Specific targets include maintaining a shareholders' equity ratio of 80% or higher and an ordinary profit margin on sales of 3% or higher, toward which the company is working steadily.

Against a backdrop of unstable international political conditions and intensifying market competition, Tomita Electric is expanding into new markets in the EV, information and communications, industrial equipment, medical devices, and energy-saving and environmental sectors. The company is particularly strengthening sales activities in China, Hong Kong, and Europe to drive sales growth.

The company has identified three priority challenges. First, securing new orders for EV battery management systems and communication systems. Second, reducing costs through quality improvements and modernization of manufacturing equipment. Third, advancing materials development focused on high reliability and improved efficiency.

Through these strategies, Tomita Electric is strengthening its profit-focused operations and pursuing sustainable growth.