JECO CO.,LTD. (E02282) Stock Price

Jeco is a company whose primary business is the manufacturing and sales of automotive components. The company develops and manufactures clocks, display devices, and various sensors used around the driver's seat in automobiles. Leveraging precision technology cultivated over many years, the company supplies critical components that support automotive safety and convenience.

The company's main customers are domestic and international automakers, and it generates revenue through component supply to finished vehicles. Products are manufactured in Japan and Asia, with Japan offering a broad product lineup while Asia operates a production system specialized in automotive clocks and display devices.

The business is concentrated in the automotive components segment, with products classified into two main categories: display-related components and sensor-related components. In the display category, the company manufactures devices that display driving information such as automotive clocks, air conditioning panels, and meters. In the sensor category, it handles detection devices necessary for vehicle control, including current sensors and safety driving support components. The company operates as a group with two subsidiaries, optimizing manufacturing bases through Nagano Jeco domestically and a Philippine subsidiary overseas.

Jeco is pursuing long-term corporate transformation with "Vision 2025," which aims to complete business restructuring and establish a growth foundation through new business ventures. The company views the automotive industry's ongoing CASE transformation—connected vehicles, autonomous driving, vehicle sharing, and electrification—as a significant business expansion opportunity and is undertaking fundamental product portfolio reviews. To realize this strategy, the company has identified three core activity pillars: building new business lines, strengthening business operations and competitive advantage, and fostering a culture of continuous innovation and talented people. Operating profit and operating profit margin serve as key performance indicators guiding the pursuit of improved profitability.

In priority investment areas, the company is rapidly transitioning from traditional automotive clocks and air conditioning panels to large-format display products required for advanced driver assistance systems. Jeco has already secured new manufacturing orders for large-format display products and is building production capacity quickly—from process design through mass production launch—to earn customer trust. In the sensor product segment, the company is strengthening development of sensor technologies essential for driver assistance systems, including pedal misapplication prevention and collision avoidance functions, while focusing on enhancing product competitiveness ahead of future standard adoption.

In new market development, the company is targeting a leadership position as a manufacturing hub by capitalizing on growing demand for large-format display products that consolidate various driving information around the cockpit. By building an optimal production system that spans design through customer processes, Jeco aims to reduce material and processing costs, solidify the revenue base of existing products, and advance new business launches. To meet environmental requirements for fuel efficiency and low-emission technologies, the company continues to strengthen development of in-vehicle sensors for energy management during vehicle operation.

In technology innovation, the company is actively implementing operational efficiency tools such as RPA (Robotic Process Automation) and AI (Artificial Intelligence) to reduce routine administrative workload. Jeco is prioritizing employee development to maximize individual potential and building a sustainable business foundation through workplace reform and SDGs initiatives. In response to COVID-19 impacts, the company has implemented flexible production adjustments and rigorous fixed-cost reduction measures to minimize business performance effects.