CASIO COMPUTER CO.,LTD. (6952) Stock Price

Market cap
¥394.1B
P/E ratio
22.3x
Casio makes watches, calculators, electronic dictionaries, and musical instruments for consumers worldwide, plus business systems and components.

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Business Overview

Casio Computer operates four business segments: Watches, Consumer, Systems, and Other. These segments engage in a wide range of business activities spanning development, production, sales, and service.

The Watches segment provides watches and clocks. Key production facilities include Yamagata Casio Co., Ltd., Casio Computer (Hong Kong) Ltd., and Casio Electronics (Shenzhen) Co., Ltd.

The Consumer segment handles electronic dictionaries, calculators, electronic stationery, and electronic musical instruments. Production is managed by Yamagata Casio Co., Ltd. and Casio Electronics Technology (Zhongshan) Co., Ltd., among others.

The Systems segment provides HR solutions and business management systems. These products are primarily manufactured by Yamagata Casio Co., Ltd.

The Other segment handles molded components, molds, and discontinued operations. Production is carried out by Yamagata Casio Co., Ltd.

Casio Computer's products are sold domestically and internationally. In Japan, products are primarily distributed through retail stores and dealers. Overseas, they are distributed through regional sales subsidiaries and dealers in each market. For service, Casio Techno Co., Ltd. provides maintenance services.

Management Policy

Casio Computer is pursuing growth strategies centered on its corporate philosophy of "Creativity and Contribution" to maximize corporate value by 2030. The company has established "Core Strategy" and "Foundation Strategy" to achieve sustainable growth through the creation of new value and development of core brands.

In its medium-term management plan from 2024 to 2026, the first half is positioned as a "Revenue Base Strengthening Period" focused on structural reform. By 2026, as a "Transformation and Innovation Creation Period," the company aims to revitalize core businesses and create new business ventures while strengthening its management foundation.

In the watch business, Casio is expanding the mid-to-premium price categories of G-SHOCK and strengthening brand marketing. In the EdTech business, the company is improving user experience for scientific calculators and focusing on acquiring new users. In the sound business, Casio is working to increase brand awareness in high-value-added segments.

Casio Computer is advancing capital-efficient management and promoting growth investments and alliances based on its capital allocation policy. Through these efforts, the company aims to achieve medium-to-long-term growth and improve ROE to enhance corporate value.

In sustainability, Casio emphasizes contribution to a sustainable society under its "Creativity and Contribution" philosophy. The company is advancing initiatives toward renewable energy utilization and a decarbonized society, balancing corporate growth with social development.

Casio also prioritizes strengthening corporate governance by reviewing its board structure to promote swift decision-making and appropriate business execution. This reinforces the foundation for enhancing corporate value and achieving sustainable growth.

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