- CEO
- Yoshihide Watanabe
- Full Time Employees
- 2,504
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- 2-10-2 Higashi-Gotanda Tokyo TY Japan 141-8646
- IPO Date
- Jan 4, 1962
- Business
- Osaki Electric Co., Ltd. manufactures and sells measurement and control equipment for electric power, primarily smart meters and related solutions. Founded in August 1916 and established as a corporation in January 1937, the Tokyo-based company, headquartered at 2-10-2 Higashi-Gotanda, Shinagawa-ku, operates through segments including Smart Meters & Solutions in Japan and overseas, Production Equipment, and Real Estate; it develops, manufactures, sells, and installs residential and commercial metering devices such as smart meters and gas meters; low voltage switchgear systems including distribution boards, sub-boards, floor stand boards, motor control sensors, and power distribution units; instrument transformers; automated distribution systems; time switches; demand control equipment; energy management systems; meter reading systems and head-end systems; meter data management systems; data visualization products; smart home related devices; optical communication devices such as optical couplers, switches, and distributing frames; and other electric devices and equipment including supervisory control devices. The company serves electric utilities, commercial and industrial customers, and real estate tenants, with geographic operations spanning Japan, the rest of Asia, Oceania, Europe, and other international markets; it maintains affiliated companies numbering eight in Japan and 16 overseas, and lists on the Prime Market of the Tokyo Stock Exchange under ticker 6644. In recent developments, Osaki Electric revised its mid-term management plan financial targets upward in May 2025 amid strong sales growth, particularly emphasizing expansion in DC meters, green transformation solutions, and energy management services for decarbonization across industries; it continues transformation of its overseas smart meters business into a profit-oriented model through high value-added solutions, reinforced commercial and industrial meter sales, market exits from low-profit areas, and organizational reforms; additionally, the company prepares for full-scale deployment of second-generation smart meters in Japan starting fiscal 2026 while developing new social infrastructure value including smart locks.