SHIZUKI ELECTRIC COMPANY INC.JP:6994Stock Price

Market cap
¥33B
P/E ratio
14x
Shizuki Electric Manufacturing makes film capacitors and power equipment systems that help businesses save energy and improve electrical stability worldwide.

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Business Overview

Shizuki Electric Manufacturing Co., Ltd. manufactures and sells film capacitors and related products. Through the development, manufacturing, and sales of capacitors and related products, the company leverages energy-saving and power quality improvement technologies to actively produce and sell power equipment system products that meet market demands such as "energy efficiency" and "stable operations."

Shizuki Electric Manufacturing's business is divided into two main segments. The first is the "Capacitor and Module" division, manufactured by Akita Shizuki, Kyushu Shizuki, and Okayama Shizuki, with products primarily sourced and sold by Shizuki Electric Manufacturing. Additionally, American Shizuki manufactures and sells for the U.S. market, Shizuki Shishiki (Shanghai) Trading Co., Ltd. serves the Chinese market, and Thai Shizuki Electric serves the Thai market.

The second segment is the "Power Equipment Systems" division. Shizuki Electric Manufacturing manufactures and sells these products, while all products manufactured by Kyushu Shizuki are sourced and sold by Shizuki Electric Manufacturing. Furthermore, Shizuki Shishiki (Shanghai) Trading Co., Ltd. serves the Chinese market, and Thai Shizuki Electric serves the Thai market.

Management Policy

Shizuki Electric Manufacturing is pursuing sustainable growth by building an efficient production system centered on its proprietary integrated management system "∫IΣS (SIMS)." This system eliminates waste and pursues maximum efficiency to improve quality, cost, and delivery time (QCD). The company also promotes 3R activities (reduce, reuse, recycle) to realize environmentally conscious management.

Based on its long-term management vision established in fiscal 2018, the company is implementing medium-term management plans. This vision was developed primarily by working teams including young and mid-career employees and describes the company's desired state ten years ahead. The medium-term management plan strengthens competitiveness by pursuing enhanced corporate value through improved coordination between organizations and capability development.

In Phase III of the medium-term management plan (fiscal 2025–2028), the company has adopted the theme "From Convergence to Synergy" and is advancing mutual complementarity between business divisions centered on capacitor products. In particular, it aims to build innovative solutions by integrating capacitor and power electronics device technologies. This will enable business launch in the next medium-term management plan.

Shizuki Electric Manufacturing is reviewing its business portfolio strategy to enhance technological capabilities in the xEV market and industrial market. Notably, in the capacitor module business, it is integrating xEV operations with industrial equipment operations to focus on markets with sustainable growth potential. In power equipment systems, the company is establishing innovative solution businesses in energy management and aims for business launch in the next medium-term management plan.

The company is strengthening its organizational structure for sustainable growth and building a resilient management foundation capable of responding to environmental changes. While securing personnel for new business fields and expanding production capacity, the company is enhancing its ability to adapt swiftly to environmental changes through improved operational efficiency, digital transformation, AI adoption, and automation promotion.