Nihon Seimitsu Co.,Ltd. (7771) Stock Price

Japan Seimitsu operates three main business segments: watches, eyeglass frames, and fishing equipment and related products. These businesses are managed by the company, its subsidiaries, and affiliated companies.

In the watch business, NISSEY VIETNAM CO., LTD. and NISSEY CAMBODIA CO., LTD. handle manufacturing, while Japan Seimitsu and its Hong Kong branch manage procurement and sales. This structure creates an international supply chain.

The eyeglass frame business is operated by Murai Inc., which handles planning and procurement, while Japan Seimitsu and its affiliated company Mondotica Japan Inc. manage sales. This segment focuses on design and quality.

The fishing equipment and related products business manufactures and sells fishing equipment components and static electricity eliminators. Fishing equipment components are manufactured and sold by NISSEY VIETNAM CO., LTD. and manufactured by NISSEY CAMBODIA CO., LTD., with sales handled by Japan Seimitsu. Static electricity eliminators are manufactured and sold by Japan Seimitsu.

Nippon Seimitsu pursues its growth strategy centered on "dreams, beauty, and form," aiming to reduce costs of high-value-added products that meet global market needs. Through relocating manufacturing operations to Vietnam, the company achieves unified management from planning and development through sales and administration, enabling rapid and high-quality product delivery.

The company operates primarily in the manufacturing of watch bands, eyeglass frames, and fishing tackle and related products. It maintains production bases across the ASEAN region and has established an integrated production system spanning from mold design to surface treatment. This leverages the company's proposal capabilities and technical expertise to contribute to global manufacturing.

While the company does not disclose a medium-term management plan, it prioritizes steady achievement of annual management targets. For the fiscal year ending March 2026, the company has set targets of 7,000,000 thousand yen in sales revenue and 180,000 thousand yen in operating profit, pursuing growth across watch-related, eyeglass frame, and fishing tackle and related product segments.

As a future growth strategy, the company will position ASEAN production bases as a new growth engine and advance sustainability-focused management. It will expand revenues through maintaining and expanding existing operations and developing new business partners. Additionally, the company will improve productivity and reduce costs at factories in Vietnam and Cambodia to build a robust supply chain.

The company will continue strengthening its financial foundation, targeting a gross profit margin of 20% or higher. Through these measures, the company aims to stabilize management and enhance corporate value, establishing itself as a globally trusted corporate group.