TOKYO KEIKI INC. (7721) Stock Price

Tokyo Keiki operates multiple business segments and provides a wide range of products and services. Its main business segments include marine and port equipment, hydraulic and pneumatic equipment, fluid equipment, and defense and communications equipment. The company also manufactures and sells inspection equipment and railway equipment as part of its other operations.

In the marine and port equipment business, Tokyo Keiki manufactures, sells, and repairs marine equipment, while its affiliated company Mocos Japan handles billing settlement for marine radio communications and facility maintenance management. Tokyo Jing Qi Qi in Shanghai provides sales of marine equipment and parts, as well as after-sales service.

In the hydraulic and pneumatic equipment business, Tokyo Keiki manufactures and sells hydraulic and pneumatic equipment, while Tokyo Keiki Power Systems handles manufacturing and sales of hydraulic application devices. Additionally, Tokyo Keiki Precision Technology manufactures hydraulic equipment, and Tokimec Korea in South Korea manufactures and sells hydraulic equipment.

In the fluid equipment business, Tokyo Keiki manufactures and sells fluid measurement equipment and fire suppression equipment. This supports fluid management across various industrial sectors.

In the defense and communications equipment business, Tokyo Keiki manufactures and sells defense-related equipment and maritime traffic system equipment, while Tokyo Keiki Aviation handles parts sales and repair services. This contributes to strengthening national defense and communications infrastructure.

In other operations, Tokyo Keiki manufactures and sells inspection equipment for printed materials, while Tokyo Keiki Rail Techno handles manufacturing and sales of railway measurement equipment. Additionally, Tokyo Keiki U.S.A. sells marine and hydraulic equipment, and Tokyo Keiki Technoport handles product packaging and related services.

Tokyo Keiki is developing a long-term vision called "Tokyo Keiki Vision 2030" with a focus on sustainable growth through 2030. This vision outlines how the company, which marked its 125th anniversary, will continue growing sustainably toward its 150th and 200th anniversaries. The company aims to enhance corporate value primarily by creating "global niche-top businesses" using SDGs as a strategic lens.

Tokyo Keiki has set targets for fiscal year 2030 of consolidated net sales of 100 billion yen or more, consolidated operating profit of 10 billion yen or more, an operating profit margin of 10% or higher, and ROE of 10% or higher. To achieve these targets, the company will promote innovation leveraging proprietary technologies and strengthen business expansion in global markets. Additionally, through M&A and technology partnerships, the company will establish new growth drivers early and expand its business scale.

The medium-term management plan (fiscal years 2024-2026) positions this period as a phase for growth acceleration. The company aims to drive growth and improve profitability in existing businesses while converting new growth drivers into revenue. The basic policies focus on enhancing profitability, expanding business domains, and strengthening management foundations.

Tokyo Keiki has identified five business strengthening areas in anticipation of markets where emerging technologies such as AI, IoT, and space business are developing. Through these initiatives, the company aims to create new products and businesses that address social challenges and achieve sustainable growth. The company will also strengthen competitiveness by adopting a global perspective and leveraging M&A and open-and-close strategies.