Meiji Electric Industries Co (3388) Investor update summary

Business model and positioning

• Engineering-enabled FA trading model supporting manufacturing, with trading and engineering businesses spanning product selection, equipment design, production and maintenance.

• Supplier network exceeds 3,000; teams include 400 sales, 120 sales engineers and 130 manufacturing staff, addressing ~10,000 on-site challenges annually.

• FY2026 Q2 sales mix: trading 60.2%; engineering 39.8%.

• Sales reach automotive, machinery, electronics and semiconductor, food, steel, glass and energy industries; direct transactions account for 89% of sales.

Growth strategy and initiatives

• 11th medium-term plan for FY2025–FY2027 targets regional No. 1 partner status through business-quality improvements, growth investment, sustainability and capital-cost-conscious management.

• Priorities include hiring and productivity in growth areas, strengthening core businesses across regions, expanding overseas business, improving profitability and enhancing shareholder returns and IR.

• Engineering capabilities target automation, labor saving and inspection; design-to-manufacturing capacity and external partnerships support equipment needs across automotive, semiconductors, aerospace and other sectors.

• LoDX applies digital technologies to factory logistics; Co-Creation M-Lab, planned for March 2026, will demonstrate solutions for labor shortages, high-mix production, productivity and OT security.

Hydrogen and decarbonization

• Hydrogen work includes equipment delivery and prime-contracting at 52 of Japan’s 149 hydrogen stations, plus a green-hydrogen demonstration installation in Tomakomai, Hokkaido.

• Participating in an Aichi Prefecture low-carbon hydrogen model-town demonstration and an Imabari hydrogen supply-chain study selected for Ministry of the Environment programs.

• A renewable-hydrogen project at the Toyota branch pairs solar generation, electrolysis, hydrogen storage and a 50 kW fuel-cell generator for peak cutting, business continuity and emergency power.

• Carbon-neutral support includes supplier energy-saving products and assistance with on-site implementation and energy/CO2 visualization.