Synclayer

Basic Information

Stock Code
1724
Industry
Construction
Category Detail
Construction & Civil Engineering
Prefecture
Aichi Prefecture
Establishment Year
May 1962
Listing Year
February 2003
Official Website
https://www.synclayer.co.jp/
TSE Information
TSE Information
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Other Companies
Mirait One, JESCO Holdings, Hikari Holdings, Comsys Holdings, Koatsu Kogyo, Kudo Kensetsu, Excio Group, Kanda Tsushinki, ZOA, Oei Denki

Overview

Synclayer is an independent CATV and information and communication system construction company established in 1962, specializing in nationwide operations centered in the Chubu region.

Current Situation

Synclayer recorded consolidated sales of approximately 13.1 billion yen and operating profit of approximately 1.2 billion yen in FY2021, maintaining a stable revenue base. Its core cable TV system design and construction business leverages regional closeness as a strength, with operations spanning nationwide primarily in the Chubu region. Sales and maintenance of information and communication system equipment based on technological expertise form another pillar of the business. The company has enhanced its construction capabilities through strengthened collaboration with its subsidiary, Okuda Denki Kogyo. In recent years, it has focused on introducing the latest technologies and services to adapt to changes in the network society. In terms of sustainability, it promotes operations that consider resource efficiency and regional contributions. In the medium to long term, it aims for growth backed by increasing demand for advanced IT and communications infrastructure, expanding related businesses. It is also working to stabilize its management base through personnel reassignments and organizational strengthening.

Trivia

Interesting Facts

  • Company name is a coined term meaning network layers (layer) and synchronization (sync).
  • Head office located in Nagoya City, Aichi Prefecture, maintaining locally rooted management.
  • Established in 1962 as Aichi Denshi Co., Ltd., changed to current name in 2002.
  • Has strengths in CATV-related business since initial JASDAQ listing.
  • Owns an in-house factory in Kakamigahara City, Gifu Prefecture, for equipment manufacturing.
  • Deploys sales offices nationwide to provide services to a wide range of regions.
  • Strong presence in the industry as an independent communication equipment company.
  • Strengthened construction capabilities through collaboration with subsidiary Okuda Denki Kogyo.
  • Recently entered IoT-compatible network equipment.
  • Rare existence as a specialist in information and communication infrastructure construction.
  • Employs Eikei Audit Corporation for accounting audits to ensure transparency.
  • Major shareholders include local companies and Representative Masahiro Yamaguchi.
  • Provides one-stop maintenance and consulting for communication equipment.
  • Focuses on Chubu region with unique nationwide positioning.
  • Has been traded on the Tokyo Stock Exchange Standard market for over 20 years.

Hidden Connections

  • Built strong partnerships with local Nagoya communication operators.
  • Strengthened construction network through subsidiary Okuda Denki Kogyo.
  • Holds a unique position in the construction industry as a communications specialist.
  • Supplies equipment to many CATV operators, supporting the core of networks.
  • High reliability as a mid-sized Tokyo Stock Exchange Standard listed company.
  • Company name embodies philosophy of harmonizing different markets and creating new value.
  • Major customers centered on local governments and regional CATV companies.
  • Multiple sales offices in Chubu and Hokuriku regions for strong regional coverage.

Future Outlook

Growth Drivers

  • Expansion of investments in next-generation technologies such as IP communications
  • Rapid increase in IoT and smart city demand
  • Promotion of communication infrastructure development by local governments
  • Demand expansion from increased 5G-related equipment introductions
  • Strengthening communication services for aging society
  • Demand for remote communication environments amid COVID-19
  • Increasing demand for environmentally considerate construction
  • Strengthening customer relationships through regionally rooted services
  • Improved corporate evaluations from sustainability management
  • Synergy creation through inter-company collaboration and subsidiary utilization
  • Network modernization from domestic DX promotion
  • Enhanced education and training systems for labor securing

Strategic Goals

  • Market share expansion in communication construction in the Tokai region
  • Full adoption and promotion support for latest network technologies
  • 25% CO2 emission reduction targeting reduced environmental impact
  • Promotion of diverse talent development and work-style reforms
  • Expansion of network operation solution business
  • Strengthening group management including subsidiaries
  • Active deployment of regional social contribution activities
  • Medium- to long-term profit margin improvement and financial soundness
  • Become a top runner in IoT and smart city construction
  • Compliance with international standards for safety and health management

Business Segments

Cable TV Network Construction

Overview
Provides integrated design, construction, and maintenance of CATV systems to support regional network development.
Competitiveness
Regionally rooted technology and nationwide construction capabilities
Customers
  • CATV operators
  • Municipalities
  • Public facilities
  • Communication service providers
  • Broadcasters
Products
  • Network design
  • Construction management
  • Equipment procurement
  • System integration
  • Maintenance services

Information and Communication System Equipment Sales

Overview
Conducts sales and implementation support for equipment targeted at communications and information systems.
Competitiveness
Provision of highly reliable equipment and comprehensive after-sales service
Customers
  • Telecommunications carriers
  • Government offices
  • Small and medium enterprises
  • Commercial facilities
  • Factories
Products
  • Communication equipment
  • Network equipment
  • Servers
  • Management software

Network Maintenance and Repair

Overview
Specializes in providing maintenance and support for stable network operations.
Competitiveness
Rapid and high-quality service response
Customers
  • CATV operators
  • Internet providers
  • Large corporations
  • Public institutions
Products
  • Regular maintenance contracts
  • Emergency failure response
  • On-site audits
  • Risk assessment

Network Design Consulting

Overview
Provides optimal network design and technical support tailored to customer needs.
Competitiveness
High-precision consulting based on years of track record
Customers
  • Telecommunications carriers
  • CATV companies
  • Local governments
Products
  • Network diagnostics
  • Equipment investment planning
  • System design
  • Technical support

Cable TV Equipment Manufacturing and Sales

Overview
Manufactures and sells high-quality CATV equipment in-house.
Competitiveness
Reliability of in-house designed products and customization capabilities
Customers
  • CATV operating companies
  • Communication equipment retailers
  • System integrators
Products
  • Set-top boxes
  • Home terminals
  • Cable modems
  • Peripheral equipment

Business Network Construction

Overview
Services to build advanced network environments for companies and facilities.
Competitiveness
Flexible design and proven construction track record
Customers
  • Commercial facilities
  • Office buildings
  • Factories
  • Hospitals
Products
  • LAN construction
  • Wireless networks
  • Security equipment

Education and Training Services

Overview
Conducts education and training programs for CATV and communication technicians.
Competitiveness
High-quality training based on specialized knowledge and practical experience
Customers
  • CATV operators
  • Communication technicians
  • Sales agents
Products
  • Technical training
  • Equipment operation guidance
  • IT training

Communication Equipment Factory Operations

Overview
Manufactures communication equipment and manages quality at its in-house factory in Kakamigahara City, Gifu Prefecture.
Competitiveness
Integrated production system and high-quality management capabilities
Customers
  • In-house product production
  • External contract manufacturing
Products
  • Equipment assembly
  • Quality inspection
  • Logistics management

Sales Support Services

Overview
Provides sales and distribution support as well as information to CATV operators.
Competitiveness
Support system leveraging regional networks
Customers
  • Regional CATV operators
  • Sales agents
Products
  • Promotion support
  • Market research
  • Technical support

Regional IT Solutions

Overview
Develops IT foundations and provides services for regional revitalization.
Competitiveness
Flexible response to regional needs
Customers
  • Local governments
  • Chambers of commerce
  • Regional companies
Products
  • IT infrastructure development
  • Information security measures
  • Cloud service introduction

Remote Maintenance Services

Overview
Provides rapid network failure response through remote monitoring.
Competitiveness
Timely failure detection and response capabilities
Customers
  • CATV administrators
  • Remote facility managers
Products
  • Remote monitoring systems
  • Failure prevention services
  • Maintenance reports

IoT and Smart City Construction Support

Overview
Business supporting next-generation infrastructure construction using IoT technology.
Competitiveness
Introduction of latest technologies and proven construction organization
Customers
  • Municipalities
  • Public facilities
Products
  • Sensor installation
  • Data analysis services
  • Smart infrastructure construction

Competitive Advantage

Strengths

  • Strong regionally rooted customer base centered in the Chubu region
  • High-quality communication equipment construction based on specialized technical expertise
  • Broad network and service provision system
  • Stable financial base and long history
  • Robust collaboration system with subsidiaries
  • Integrated services from construction to maintenance
  • Diversification through manufacturing and sales of information and communication equipment
  • Customer support via nationwide sales office network
  • Governance enhancement as an Audit and Supervisory Committee company
  • Reliability from Tokyo Stock Exchange Standard market listing
  • Provision of specialized consulting services
  • Product quality control through in-house factory
  • Advanced technical training expertise
  • Flexible proposal capabilities tailored to customer needs
  • Management with high sustainability awareness

Competitive Advantages

  • Strong sales base in the Chubu area with nationwide expansion
  • Flexible service response as an independent entity
  • High technical capabilities as a specialized network construction company
  • Thorough quality control through integrated construction system
  • In-house manufacturing and sales capabilities for diverse information and communication equipment
  • Diversified customer structure independent of major telecommunications carriers
  • Strengths in training and consulting services
  • High adaptability and investment in latest communication technologies
  • Enhanced services through nationwide sales offices and support system
  • Stable financial base advantageous for securing new projects
  • Transparency ensured by Tokyo Stock Exchange Standard market listing
  • Trust relationships with local governments through regionally rooted initiatives
  • High customer evaluations of quality management system
  • Strong proposal capabilities leveraging construction track record
  • Brand value as a specialist group in information and communication infrastructure

Threats

  • Risk of delayed response to rapid changes in communication infrastructure technology
  • Intensifying competition from major telecommunications companies and general construction firms
  • Market fluctuation risks from regional customer dependency
  • Rising material prices and increasing construction costs
  • Labor shortages and difficulties in securing talent
  • Risks of infrastructure damage from natural disasters
  • Business impacts from regulatory changes
  • Risks of delays in developing new technologies or services
  • Reputation damage from information security incidents
  • Public investment cuts due to economic conditions
  • Low-price offensives from competitors
  • Declining demand accompanying customer communication service upgrades

Innovations

2024: Introduction of Next-Generation CATV Network Technology

Overview
Developed and introduced Next-Gen CATV equipment enabling high-speed, high-capacity transmission.
Impact
Achieves improved communication quality and higher customer satisfaction.

2023: IoT-Compatible Network Equipment Development

Overview
Manufactured communication equipment compatible with IoT platforms for smart cities.
Impact
Contributes to new market development and strengthening revenue base.

2022: Remote Maintenance System Renewal

Overview
Advanced and cloud-based remote monitoring and failure response system.
Impact
Improves maintenance efficiency and response speed.

2021: Active Introduction of Environmentally Considerate Equipment

Overview
Promoted adoption of energy-saving communication equipment and reduced environmental impact in construction.
Impact
Contributes to improved environmental sustainability.

Sustainability

  • Active introduction of energy-saving equipment
  • Promotion of construction waste recycling
  • Social contribution activities for coexistence with local communities
  • Improvement of working environment and thorough safety and health measures
  • Business process reforms to reduce CO2 emissions
  • Promotion of training for female and young technicians
  • Formulation of long-term global environmental protection plans
  • Support for enhancing disaster resilience of regional infrastructure
  • Strengthening environmental standards in the supply chain
  • Formulation of sustainable procurement policies