KOITO MANUFACTURING CO.,LTD. (7276) Stock Price

Market cap
¥779.9B
P/E ratio
24.2x
Koito Manufacturing produces automotive lighting equipment, aircraft components, and railway vehicle parts for customers worldwide through regional operations.

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Business Overview

Koito Manufacturing Co., Ltd. primarily manufactures and sells automotive lighting equipment, aircraft components, railway vehicle parts, and various electrical equipment. The company also provides logistics services related to these businesses. These operations are conducted through the company, its subsidiaries, and affiliated companies.

The company's business is organized by geographic region. In Japan, it manufactures LED headlamps, front lighting, traffic signals, traffic control systems, and railway vehicle control equipment. Major affiliated companies include Koito Kyushu Co., Ltd. and Koito Transportation Co., Ltd.

In North America, the company handles LED headlamps and sensor systems (LiDAR). Major affiliated companies include North American Lighting Inc. and Septon Technologies Inc. In the Chinese market, companies such as Guangzhou Koito Car Lamp Co., Ltd. operate.

In the Asia region, Thai Koito Company Limited and Indonesia Koito are major affiliated companies. In Europe, Koito Europe Limited and Koito Czech s.r.o. operate. In other regions, Brazil has NAL do Brasil Indústria e Comércio de Componentes de Iluminação Ltda.

Management Policy

Koito Manufacturing Co., Ltd. has adopted "light" as its core theme and aims to contribute to society's progress and development. The company actively promotes "manufacturing that is kind to people and the planet" through corporate social responsibility (CSR) initiatives, with a strong focus on environmental conservation and social contribution activities.

The company's growth strategy emphasizes global expansion and technological innovation. It is strengthening a five-region structure spanning Japan, the Americas, Europe, China, and Asia, while expanding overseas development, production, and sales operations to achieve optimal global production. The company is also responding to mobility changes including connectivity, autonomous driving, sharing, and electrification by advancing cutting-edge technology development and accelerating product commercialization.

Koito Manufacturing prioritizes the pursuit of quality and safety while promoting environmental conservation and enhanced compliance. Through securing and effectively utilizing management resources, the company is strengthening its revenue structure and corporate foundation, while working to improve satisfaction among shareholders, customers, employees, and business partners.

The company is flexibly adapting to the evolution of electrification and autonomous driving for next-generation mobility, aiming to enhance corporate value. Under the vision "KOITO VISION~Illuminating the Future of People and the Planet~," the company is committed to strengthening its business foundation, achieving sustainable growth, and fostering coexistence with the planet and society.

Specifically, the company aims to reduce CO2 emissions by 50% by fiscal year 2030 compared to fiscal year 2015, and to achieve carbon neutrality by fiscal year 2050. Through expanding the adoption of products that contribute to reducing traffic accidents and introducing attractive new products to the market, the company is committed to continuously providing safety and peace of mind.

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