MEITEC Group Holdings Inc.
3,420.00
JPY
+62.00
(+1.85%)
ISIN
JP3919200000
Return %
Stock
S&P 500
1Y
7.89
14.20
3Y
32.23
81.12
5Y
55.45
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Masato Uemura
- Full Time Employees
- 13,190
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Orix Ueno 1-chome Building Tokyo TY Japan 110-0005
- IPO Date
- Mar 17, 1987
- Website
- meitec.co.jp
- Similar Companies
- Business
- MEITEC Group Holdings Inc. MEITEC Group Holdings Inc. (9744.T) operates as a Japan-based provider of engineering solutions and staffing services primarily to manufacturing clients. Incorporated in 1974 and headquartered in Tokyo, Japan, the company delivers research and development support through its core engineering solutions business, which encompasses temporary staffing, job placement, and specialized technical services; recruiting and placement for engineers; and other ancillary operations. Its main products and services include autonomous driving/advanced driver-assistance systems (AD/ADAS) featuring sensor design, ECU hardware, AI-based image recognition, and software development; electrification technologies for electric vehicles (EV) involving structural design, power sources, and controls derived from hybrid vehicle expertise; connected vehicle solutions such as V2X communication modules and software; powertrain design for transmissions, drivelines, motors, batteries, strength analysis, NV analysis, and cooling; imaging sensors for monitoring, surveillance, medical, and automotive applications; as well as broader capabilities in aircraft/aerospace, industrial machinery, precision equipment, IT hardware, electronics, semiconductors, software, plants, and construction across segments like automobiles/transportation (29.3% of sales), aircraft/aerospace (7.1%), and others. The company maintains ongoing transactions with approximately 1,400 manufacturing firms, bolstering client R&D in high-skill phases through its group of professional engineers supported by career enhancement programs, ISO 9001-certified quality management, and dispatch/contract models. In October 2023, Meitec Corporation reorganized and changed its name to MEITEC Group Holdings Inc. to reflect its expanded structure, including subsidiaries focused on engineering solutions, field engineering staffing, office support, and senior engineer dispatch; recent developments include record-high sales and profits in its recruiting and placement business for fiscal year ended March 31, 2025, alongside steady revenue growth to ¥133.1 billion and net income of ¥12.7 billion, with continued hiring of new graduates for April 2025 and monthly updates on engineer utilization ratios.