COSEL CO.,LTD.【JP:6905】Stock Price

Cosel Corporation is primarily engaged in the manufacturing and sales of DC regulated power supplies. The company operates globally with 21 subsidiaries and 1 affiliated company. Its business is organized by region into five segments: Japan, North America, Europe, Asia, and China.

In the Japan production and sales division, Cosel Corporation and COSEL VIETNAM CO., LTD. manufacture and sell unit power supplies, onboard power supplies, and noise filters. The North America sales division is handled by COSEL USA INC., which sells similar products.

The Europe production and sales division is managed by COSEL EUROPE GmbH and Powerbox International AB, which manufacture and sell unit power supplies and PRBX products. In the Asia sales division, COSEL ASIA LTD. and Cosuo (Shanghai) Electronics Co., Ltd. sell the company's products.

The China production division is operated by Wuxi Cosuo Electronics Co., Ltd. and Shanghai Cosuo Trading Co., Ltd., which manufacture and export unit power supplies. Products are classified into four categories—unit power supplies, onboard power supplies, noise filters, and PRBX products—and supplied to each market.

Unit power supplies are developed and manufactured in Japan and China, and supplied to the control equipment and medical device markets. Onboard power supplies are based in Japan and serve the telecommunications and medical device markets. Noise filters are also manufactured in Japan and supplied to the general industrial equipment market.

PRBX products are developed in Sweden and Germany, and primarily supplied to the European market. These products serve the control equipment, medical device, and transportation-related markets. Cosel addresses global markets through its diverse product portfolio and regional strategy.

Cosel Corporation aims to contribute to the evolution of an electronics-driven society through the design, development, production, and sales of DC regulated power supply units. The company upholds the management philosophy of "meeting society's trust through quality excellence as our core," and is advancing initiatives toward realizing a sustainable society.

The company's growth strategy emphasizes business reform and improvement for sustained growth, challenging technological innovation to create new value, and prioritizing the growth of individual employees and organizational evolution. Through these efforts, Cosel aims to strengthen organizational capabilities while maintaining a global perspective and contribute to realizing a sustainable society.

Under its 10th Medium-Term Management Plan, Cosel targets a consolidated operating profit margin of 15% or higher and consolidated ROE of 10%. However, in fiscal year 2024, sales fell short of plan due to prolonged inventory adjustments in the semiconductor manufacturing equipment industry and other sectors. Profitability was also impacted by rising component material costs and losses from system replacement.

Through a capital and business alliance with LITE-ON TECHNOLOGY CORPORATION, Cosel is working to establish a stable procurement system, expand sales channels in overseas markets, and accelerate new product development. The company expects this alliance to create synergies as it pursues a shift toward higher-profit operations.

Looking ahead, Cosel is focusing on expanding sales of new products and strengthening development capabilities to create a "positive cycle" that promotes transition from existing to new products. Leveraging the alliance with LITE-ON, the company is advancing transformation toward a business model with stronger competitive advantages.