Meiji Electric Industries Co (3388) IR Day 2025 summary

Vision and strategic priorities

• VISION2030 aims to make manufacturing stronger in Japan and contribute globally by creating value that addresses customer and societal needs.

• The FY2025–FY2027 11th mid-term plan targets becoming a trusted, high-value partner in each region through safety and quality, growth investment, sustainability, stronger returns and expanded IR.

• The roadmap moves from foundation-building to growth and then acceleration toward FY2030, with backcasting from the desired future state.

Business model and capabilities

• Trading accounted for 63% of 1H FY2025 sales and engineering for 37%; engineering differentiates the trading base through custom equipment and systems.

• A supplier base of 3,000+ and roughly 10,000 annual on-site problem-solving cases support solutions spanning product selection, engineering, manufacturing and logistics.

• Automotive represented 53% of 1H FY2025 standalone sales; industrial and machine tools 15%, and electrical, electronics and semiconductors 12%.

Growth initiatives

• Expand engineering and components businesses across regions with consistent quality, strengthening pre-order specification reviews, technical assessment and resource planning.

• Address labor shortages and automation needs with custom inspection equipment, robotics and production-line solutions for automotive components including ECUs, motors and batteries.

• Develop hydrogen business: equipment has been supplied and construction undertaken at 50 of Japan’s 163 hydrogen stations; also advancing a 50 kW BLUE CLOVER pure-hydrogen stationary fuel-cell generator.

• Support decarbonization through supplier energy-saving products, implementation guidance and energy/CO2 monitoring; participate in Chita City’s low-carbon hydrogen model-town feasibility study.

• Introduced LoDXC, an in-house factory logistics solution using digital transformation, and moved into STATION Ai to collaborate with startups on new value creation.