Seibu Electric & Machinery

Basic Information

Stock Code
6144
Industry
Machinery
Category Detail
Manufacturing Machinery & Electrical Equipment
Prefecture
Fukuoka Prefecture
Establishment Year
February 1939
Listing Year
December 1986
Official Website
https://www.seibudenki.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Azuma House, Tsugami, Okuma, Okamoto Machine Tool, Makino Milling Machine, DMG MORI, Sodick, Micron Precision, Howa Industry, Kikukawa Enterprise, Tangs, MURO, Star Micronics

Overview

Seibu Electric & Machinery is a technology-based manufacturing company based in Fukuoka Prefecture, founded in 1939, with its main business in manufacturing conveying machinery, industrial machinery, and machine tools, holding a solid position in the machinery industry.

Current Situation

Seibu Electric & Machinery recorded standalone sales of 23.9 billion yen and consolidated sales of 24.6 billion yen for the fiscal year ended March 2021, demonstrating steady growth. Its main businesses include not only conveying machinery and industrial machinery but also precision machine tools and EDM machines, with its high technological capabilities as a key strength. It has strengthened its competitiveness in the conveying machinery sector through a capital and business alliance with Toyota Industries. In addition to major domestic markets, it has established a sales subsidiary in the United States and is gradually expanding overseas. Internally, it prioritizes technological innovation and product quality improvement, while also exploring automation of manufacturing processes and IoT utilization. It has initiated efforts to reduce environmental impact and regards maintaining trust with local communities and customers as its corporate mission. Moving forward, it aims for sustainable growth through technology development and market expansion, with a policy of actively pursuing investments and collaborations. Leveraging its traditional corporate culture and strong shareholder base including Yaskawa Electric, it is positioned to sustain competitive advantages within the machinery industry.

Trivia

Interesting Facts

  • Its founding originates from the electric machinery factory of Toho Electric Power.
  • Yaskawa Electric once held it as a wholly-owned subsidiary.
  • Has a capital and business alliance with Toyota Industries in the conveying machinery field.
  • Was listed on the Osaka Securities Exchange until 2009.
  • Re-established a sales base in the US after 33 years.
  • Regional company headquartered in Koga City, Fukuoka Prefecture.
  • Has earned trust in the industry for its precise EDM technology.
  • Veteran machinery manufacturer listed on the Tokyo Stock Exchange Standard Market.
  • Focuses on numerically controlled machines in the machine tools field.
  • Focusing on strengthening development of environmentally considerate products.
  • Yaskawa Electric is a major shareholder with over 17% ownership.
  • Over 80 years of history since founding with stable management.
  • Also offers precision logistics equipment such as clean room conveyors.
  • Successfully developed high-speed EDM machines to achieve high-precision processing.
  • Also engages in information dissemination via YouTube channel.

Hidden Connections

  • Ongoing technology sharing and sales channel cooperation backed by historical capital ties with Yaskawa Electric.
  • Joint development of conveying machinery progressing through capital alliance with Toyota Industries.
  • Serves as a core of regional industry in Koga City, contributing to local economy.
  • Builds supply chain through collaboration with numerous partner SMEs in manufacturing.
  • Demonstrates strength in special materials processing field by specializing in EDM.
  • Historically backed by many stable shareholders, underpinning management stability.
  • US re-entry lays groundwork for global market expansion.
  • Handles wide range from small precision equipment to large conveying devices within machinery industry.

Future Outlook

Growth Drivers

  • Expanding needs for manufacturing process efficiency through IoT and digitalization
  • Increasing demand for logistics automation domestically and internationally
  • Demand for energy-saving products compliant with strengthened environmental regulations
  • Active expansion into overseas markets, especially the US
  • Increased demand for precision machinery due to high value-added manufacturing
  • Attention to automation technology amid diversifying work styles
  • Acceleration of technological innovation leveraging business alliances
  • Rising popularity of customized products for SMEs
  • Expanding demand for robot technology
  • Enhanced brand power through strengthened ties with local communities
  • Expanding industrial applications of new materials processing technology
  • Growing needs for sustainable product development

Strategic Goals

  • Promotion of digitalization and smartification of product lineup
  • Achieve over 30% sales ratio in US and Asia markets
  • Aim for top domestic share in energy-saving machinery
  • Establish world top-class technology in EDM machines
  • Build sustainable production system and reduce CO2 emissions by 30%
  • Accelerate technology fusion through business and capital alliances
  • Enhance employee technical skills and promote diversity
  • Continuously strengthen community contribution activities
  • Expand new business sales to 20% of total
  • Secure ongoing orders through improved customer satisfaction

Business Segments

Conveying Machinery Business

Overview
Supports efficiency in manufacturing and logistics industries with advanced conveying systems.
Competitiveness
Technological integration from partnership with Toyota Industries
Customers
  • Manufacturers
  • Logistics companies
  • Warehouse operators
  • Automotive manufacturers
  • Electronic parts manufacturers
  • Food factories
  • Pharmaceutical manufacturers
  • Retailers
  • Logistics center operators
  • Material processing factories
Products
  • Automatic Conveyor System
  • Forklift Conveying Device
  • Automated Warehouse Conveyor Robot
  • Clean Room Conveyor
  • Pallet Conveyor Device
  • Logistics Software

Industrial Machinery Business

Overview
Provides high-performance mechanical equipment for diverse industrial applications.
Competitiveness
Flexible customization capabilities and outstanding technological prowess
Customers
  • Heavy industry manufacturers
  • Electronic equipment manufacturers
  • Chemical industry
  • Medical equipment manufacturers
  • Food machinery manufacturers
  • Automotive parts manufacturers
  • Precision parts processing factories
  • New energy-related companies
Products
  • Industrial Robot Arm
  • Large Press Machine
  • Automatic Inspection Device
  • Precision Projection Equipment
  • Drying Machinery Device
  • Automatic Assembly Line

Machine Tools Business

Overview
Manufactures high-precision processing machines from lathes to EDM.
Competitiveness
High processing precision and reliability based on years of experience
Customers
  • General manufacturing
  • Automotive industry
  • Aerospace
  • Precision equipment manufacturers
  • Mold manufacturers
  • Electronic parts manufacturing
  • Medical equipment manufacturing
  • Industrial machinery manufacturers
  • Educational and research institutions
Products
  • Machining Center
  • EDM Machine
  • NC Lathe
  • Milling Machine
  • Grinding Machine
  • 3D Printer-Linked Processing Machine

EDM Machines Business

Overview
Develops electrical discharge machining technology that enables hard-to-cut material processing.
Competitiveness
Integration of high-precision machining and automation technology
Customers
  • Mold manufacturers
  • Electronic parts manufacturing
  • Automotive parts manufacturers
  • Aerospace companies
  • Precision machinery manufacturing
  • Materials development companies
Products
  • High-Performance EDM Machine
  • Micro EDM Device
  • Automatic Electrode Exchange EDM
  • High-Speed Processing Model
  • 3D Surface Processing Machine

Precision Mechanical Parts Business

Overview
Supplies a wide range of high-quality, high-precision mechanical parts.
Competitiveness
Strict quality control and microfabrication technology
Customers
  • Precision machinery manufacturers
  • Automotive parts manufacturers
  • Electronic equipment manufacturing
  • Medical equipment companies
  • Industrial machinery manufacturing
  • Aerospace industry
  • Research and development institutions
Products
  • Precision Gear Parts
  • Precision Bearings
  • Parts for Electronic Devices
  • Precision Metal Parts
  • Micro Mechanical Parts

Technical Support and Maintenance

Overview
Provides support services to ensure long-term product use and stable operation.
Competitiveness
Nationwide service network with rapid response
Customers
  • All users of our products
  • Production equipment managers
  • Service providers
  • Logistics companies
Products
  • Product Maintenance Service
  • System Upgrades
  • Technical Consulting
  • On-Site Support
  • Training Programs

Software Development Business

Overview
Develops software specialized in control and management of manufacturing and conveying machinery.
Competitiveness
Advanced integration technology with machine control
Customers
  • Manufacturers
  • Logistics companies
  • System integrators
  • Automation equipment manufacturers
Products
  • Conveying Control Software
  • Production Management System
  • Remote Monitoring System
  • Equipment Optimization Tool
  • Data Analysis Tool

Overseas Sales Subsidiary Business

Overview
Handles direct sales and support base operations for overseas customers.
Competitiveness
Market development capability from re-entry into US sales base after 33 years
Customers
  • Local manufacturers
  • Logistics service companies
  • Overseas agents
Products
  • Sales Agency
  • After-Sales Service
  • Local Maintenance
  • Technical Support
  • Market Research

Environmental Equipment Business

Overview
Provides machinery to reduce environmental impact and contributes to society.
Competitiveness
Technological development capability compliant with environmental regulations
Customers
  • Waste treatment companies
  • Environmental equipment manufacturers
  • Local governments
  • Industrial plants
Products
  • Energy-Saving Conveying Equipment
  • Environmentally Compatible Industrial Machinery
  • Waste Treatment Line Equipment
  • Resource-Saving Systems
  • Exhaust Gas Purification Devices

Contract Manufacturing Services

Overview
Contract manufacturing and technical support leveraging high-precision processing technology.
Competitiveness
Accumulated know-how and high-quality management over many years
Customers
  • Machinery manufacturers
  • Startups
  • Research institutions
Products
  • Precision Parts Processing
  • Prototype Manufacturing
  • Design Support
  • Quality Inspection
  • Product Improvement Support

Education and Training Business

Overview
Training services for engineer development and customer support.
Competitiveness
Proven specialized education programs
Customers
  • In-house engineers
  • Customer companies
  • Industrial technical schools
  • Vocational training institutions
Products
  • Technical Training Courses
  • Operation Training
  • Safety Education Programs
  • Machinery Technology Seminars
  • Online Education

Logistics Solution Business

Overview
Provides equipment and software to achieve optimal logistics efficiency.
Competitiveness
Custom response capability backed by technological strength
Customers
  • Logistics companies
  • Manufacturing
  • EC operators
  • Warehouse operators
Products
  • Logistics Automation System
  • Inventory Management Equipment
  • Weighing Machinery
  • Delivery Planning Support Tool
  • Robot Conveying System

Competitive Advantage

Strengths

  • Stable management foundation supported by long history
  • Strong capital and technological ties with Toyota Industries and Yaskawa Electric
  • High technological capabilities and product reliability
  • Risk diversification through diverse product lineup
  • Solid financial structure with adequate capital reserves
  • Customer responsiveness rooted in regional proximity
  • High quality of workforce and engineers
  • Proprietary EDM technology
  • Active overseas expansion and sales subsidiary establishment
  • High-precision machine tool manufacturing capability
  • Well-developed sales and service network
  • Flexible response to small and medium-sized customers
  • Comprehensive after-sales service system
  • Enhanced product development through partnerships
  • Continuous improvement and quality management system

Competitive Advantages

  • Strengthened technology and sales network through collaboration with capital-affiliated companies
  • Broad product lineup for diverse industrial sectors
  • Customer trust and responsiveness built through regional proximity
  • Expertise and high precision in EDM machines
  • Competitiveness in conveying machinery through joint development with Toyota Industries
  • High quality control standards and long-term warranties
  • Development of energy-saving products utilizing proprietary technology
  • Strengthened overseas expansion through re-entry into the US market
  • Superior customization capabilities not found in competitors
  • Product differentiation through technological accumulation across fields
  • Flexible design and manufacturing capabilities for various industries
  • Continuous investment capability backed by stable financial base
  • Established specialized technical support system
  • Development and implementation track record of environmentally considerate products
  • Market share expansion through alliance with Toyota Industries

Threats

  • Maturation of domestic machinery market and risk of demand decline
  • Intensifying price competition from emerging country companies
  • Cost increases due to raw material price fluctuations
  • Difficulty in securing engineers due to declining working population
  • Delays in responding to rapid technological innovation
  • Increased cost burdens from strengthened domestic and international regulations
  • Profit fluctuations due to exchange rate variations
  • Intensifying competition in overseas markets
  • Demand fluctuations due to changes in customer purchasing trends
  • Business impact from cyberattack risks
  • Loss of competitive edge in new technology and product development
  • Decline in capital investment due to economic downturn

Innovations

2023: Establishment of EDM Machine Sales Subsidiary in the United States

Overview
Re-entered the US market with a direct sales base after 33 years to promptly meet local customer needs.
Impact
Increased sales and brand recognition in the US market

2022: Development of IoT-Compatible Conveying Machinery System

Overview
Equipped conveying machinery with cloud integration and remote monitoring functions to improve maintenance efficiency.
Impact
20% reduction in maintenance costs and improved uptime

2021: Renewal of High-Precision EDM Technology

Overview
Improved processing precision by 15% with new EDM machines and enhanced microfabrication capabilities.
Impact
Increased orders from precision equipment industry

2020: Introduction of Energy-Saving Specifications for Conveying Machinery

Overview
Introduced product line capable of reducing power consumption by 25% compared to conventional models.
Impact
Enhanced product competitiveness and reduced environmental impact

2024: Development of Robot Conveying System for Automated Warehouses

Overview
Completed robot system for automatic item conveying to promote labor reduction and efficiency.
Impact
Strengthened acquisition of new projects in the logistics industry

Sustainability

  • Development and promotion of energy-saving conveying machinery
  • Improvement of manufacturing processes to reduce environmental impact
  • Increased recycling rate of factory waste
  • Participation in environmental conservation activities with local communities
  • Promotion of product development aligned with SDGs goals
  • Employee environmental awareness education
  • Efforts to reduce CO2 through electricity usage optimization
  • Strengthened environmental considerations in supply chain
  • Exploration and implementation of sustainable materials
  • Product longevity enhancement and maintenance support