- Business
- Meiji Electric Industries Co., Ltd. (3388.T) imports, exports, and sells electrical devices, measuring instruments, electrical equipment, automation and energy-saving function components, and equipment; develops, designs, and manufactures electronic products, various inspection systems, mechatronic devices, factory automation (FA) systems, information and distribution systems; provides measurement, control, and information processing consulting services; and maintains industrial instrumentation and electrical measurement devices. The company offers control equipment including sequence programmable controllers, operation displays, image processing apparatus, sensors, and relays; industrial equipment such as industrial robots, welding machines, power receiving and distribution equipment, air conditioning equipment, and machinery; measuring instruments encompassing electronic measuring devices, industrial meters, on-site measuring devices, recording devices, and thermostatic baths; electric power equipment like stabilized power supplies, no-power-outage systems, electronic load devices, and special power supplies; and implementation equipment including chip mounters, reflow furnaces, and substrate inspection equipment. Meiji Electric Industries operates primarily in Japan with overseas subsidiaries including Meiji Corporation (USA), Meiji UK Ltd., Meiji Electric Industries (Shanghai) Co., Ltd., Meiji (Thailand) Co., Ltd., and Meijidenki India Private Limited, supporting global manufacturing through localized equipment fabrication, procurement, and maintenance. Incorporated in July 1920 and headquartered at 2-13-8 Kamejima, Nakamura-ku, Nagoya-shi, Japan, the company employs 720 consolidated staff as of March 31, 2025, and focuses on high-value-added total solutions for manufacturing sectors including factory automation, productivity enhancement, IoT promotion, and business continuity planning. Recent developments include the appointment of Shinya Moroto as a new director on June 26, 2025, alongside strong financial performance with consolidated net sales projected at 78.67 billion yen for fiscal year 2025 and a dividend announcement of 44 yen per share payable in June 2026; the company maintains its strategic emphasis on engineering expansion and global network strengthening without major acquisitions or partnerships reported in the last 1-2 years.