Galilei

Basic Information

Stock Code
6420
Industry
Machinery
Category Detail
Commercial & Industrial Machinery
Prefecture
Osaka Prefecture
Establishment Year
December 1951
Listing Year
February 1994
Official Website
https://www.galilei-group.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Sugai, Nakano Refrigeration, Daiwa Refrigeration Industry, Hoshizaki

Overview

Galilei is a pioneer company in commercial refrigeration equipment founded in 1951, based in Osaka, providing high-quality freezers and refrigeration equipment to the domestic and international food service industry.

Current Situation

Galilei recorded consolidated sales of approximately 115.8 billion yen and operating profit of approximately 15.2 billion yen for the fiscal year ending March 2024, maintaining high profitability within the industry. Its core businesses are commercial freezers and refrigerators, showcases, and medical/scientific equipment, strongly supporting demand from domestic restaurants and supermarkets. The company is promoting product standardization and non-freon conversion to actively reduce environmental impact. Starting in 2025, it will introduce a 10-year warranty for refrigerant gas leaks to enhance reliability, while expanding overseas operations centered on China and Southeast Asia. Transitioning to a holding company structure to improve overall group management efficiency, it aims to contribute to a decarbonized society based on its 2050 Environmental Vision in the medium to long term. It is strengthening its supply system through proactive factory investments and logistics base development, while continuing new product development. Leveraging its brand power and technological strength to differentiate from competitors.

Trivia

Interesting Facts

  • Pioneer company that first standardized commercial refrigerators in Japan
  • Has set 2050 Environmental Vision looking toward 100th anniversary in 2051
  • Has received Good Design Awards for multiple products
  • Founder utilized woodworking techniques to start manufacturing commercial refrigerators
  • Developed proprietary remote temperature management system to promote IoT utilization
  • Recently transitioned to holding company structure to strengthen group management
  • Successfully secured industry trust with refrigerant gas leak warranty program
  • Has widely supplied freezer and refrigeration equipment to Japan's food service industry for many years
  • Pioneered non-freon product development in response to Japan's environmental regulations
  • Holds numerous overseas subsidiaries with focus on Asia
  • MIRACLEAR ice maker series gaining attention for environmental technology
  • Continued business expansion through company name and organizational changes
  • Expanded related businesses like energy-saving panels under group structure
  • Actively engages in CSR activities such as regional sports support
  • Gained trust in commercial market through high-quality management

Hidden Connections

  • Fukuppi is beloved as the company's corporate character by the region and customers
  • Supplies numerous refrigeration units to major restaurant chains, serving as key infrastructure for domestic commercial kitchens
  • Enhancing brand recognition as sponsor of Hoshino Gen's radio program
  • Global expansion in collaboration with overseas subsidiaries to meet Asian market growth
  • Environmental technologies for greenhouse gas reduction are influencing the entire domestic industry
  • Good Design Award-winning products are gaining attention as industry design standards
  • Woodworking techniques from founding are reflected in early product forms
  • Achieving both business continuity and growth through holding company transition

Future Outlook

Growth Drivers

  • Recovery and expansion of demand for commercial refrigeration equipment in domestic food service industry
  • Market shift toward energy-saving and low-environmental-impact products
  • Market development and sales network strengthening overseas, especially in Asia
  • Advancements in IoT and remote management technologies integrated with products
  • Customer retention through product longevity and warranty services
  • Expanding needs in medical and scientific fields
  • Increased demand for large refrigeration equipment corresponding to logistics reorganization
  • Product upgrades due to stricter green procurement standards
  • Strengthened development of energy-saving products to address rising electricity prices
  • Efficient business operations under holding company structure
  • Enhanced corporate value with emphasis on sustainability

Strategic Goals

  • Achieve complete non-freon conversion of commercial refrigerators
  • Continuously realize net-zero greenhouse gas emissions
  • Maintain and expand annual sales to approximately 150 billion yen domestically and internationally
  • Secure overseas sales ratio of over 30%
  • Expand market share of smart refrigeration equipment including IoT products
  • Strengthen earnings in medical and scientific equipment field
  • Regular publication of sustainability reports and improved transparency
  • Promote technological innovation and environmental response as industry leader
  • Expand community contribution activities
  • Maximize group synergies under holding company structure

Business Segments

Commercial Equipment for Restaurants

Overview
Provides freezer and refrigeration equipment tailored to restaurant needs.
Competitiveness
Achieves high reliability and quality through long years of standardization technology
Customers
  • Izakayas
  • Conveyor belt sushi chains
  • Fast food
  • Restaurants
  • Cafes
Products
  • Commercial refrigerators
  • Refrigeration showcases
  • Ice makers
  • Blast chillers

For Food Supermarkets

Overview
Offers highly durable equipment suitable for large-scale food storage.
Competitiveness
System integration for efficient operational support
Customers
  • Supermarkets
  • Deli shops
  • Food processors
  • Logistics warehouses
Products
  • Large freezers and refrigerators
  • Freezer and refrigeration showcases
  • Remote temperature management systems

Medical and Scientific Equipment Field

Overview
Provides products emphasizing precise temperature and hygiene management.
Competitiveness
Reliability and safety compliant with medical standards
Customers
  • Hospitals and medical facilities
  • Research institutions
  • Pharmaceutical companies
Products
  • Medical refrigeration equipment
  • RO water generators
  • Temperature monitoring systems

Frozen Transport and Logistics Providers

Overview
Provides freezer equipment and management systems suitable for transport and storage.
Competitiveness
Management system capable of multi-site coordination
Customers
  • Logistics companies
  • Food delivery companies
Products
  • Large freezers and refrigerators
  • Remote temperature management systems

Hygiene Management Equipment

Overview
Provides sterilization and cleaning equipment for hygiene and safety.
Competitiveness
Balance of safety and ease of use
Customers
  • Restaurants
  • Food factories
Products
  • Electrolyzed hypochlorous acid water generators
  • Cleaning equipment

Food Manufacturing and Processing Equipment

Overview
Offers rapid cooling and thawing equipment supporting high-quality food processing.
Competitiveness
Advanced temperature control technology preserves food quality
Customers
  • Food manufacturers
  • Frozen food makers
  • Pharmaceutical companies
Products
  • Blast chillers
  • Thawers
  • Ice makers

Competitive Advantage

Strengths

  • First in Japan to standardize commercial refrigeration equipment
  • Pioneering development capabilities for environmentally friendly products
  • Strong transaction base with regional food service industry
  • Diverse sales network including overseas
  • Advanced know-how in cooling technology cultivated over many years
  • Improved management efficiency through holding company structure
  • Diverse product lineup
  • Expansion into medical equipment field
  • High operating profit margin
  • Comprehensive customer support system
  • Good Design Award recipients
  • Solid financial foundation
  • Development of logistics and delivery bases
  • Market leader in non-freon products
  • Stable major shareholder structure

Competitive Advantages

  • Leadership in standardization and mass production technology for domestic commercial refrigerators
  • Advanced initiatives toward decarbonization based on 2050 Environmental Vision
  • Enhanced reliability with 10-year refrigerant gas leak warranty
  • Overseas sales structure across multiple bases and international expansion
  • Business diversification into medical and scientific equipment markets
  • Product differentiation through proprietary remote temperature management systems
  • Product lineup with high energy-saving performance
  • Long-term customer relationships and brand trust
  • Strengthened hygiene management with proprietary electrolyzed hypochlorous acid water generators
  • Scale of approximately 115.8 billion yen in consolidated sales and financial stability
  • Secured distribution channels through transactions with major retailers
  • One-stop provision capability due to comprehensive product lineup
  • High level of personnel experience and technological development capabilities
  • Synergy effects with group companies
  • Credibility from listing on the Prime Market of the Japan Exchange Group

Threats

  • Increased product improvement costs due to stricter environmental regulations
  • Intensifying international competition in refrigerant technology
  • Performance and cost challenges with alternative refrigerants
  • Competition from technological innovations by new entrants
  • Global instability in raw material prices
  • Political and economic risks in overseas markets
  • Profit impacts from exchange rate fluctuations
  • Pressure from rising electricity costs
  • Demand uncertainty from pandemics like COVID-19
  • Decline in market share due to rise of non-standard products
  • Supply chain delay risks
  • Labor shortages and rising personnel costs

Innovations

2024: Achieved reduction in environmental impact through non-freon conversion

Overview
Completed non-freon conversion for commercial refrigerators and some ice makers, significantly reducing environmental impact.
Impact
Contributes to reduction in greenhouse gas emissions

2025: Launch of 10-Year Refrigerant Gas Leak Warranty Service

Overview
Introduced long-term warranty for refrigerant leaks to improve customer trust.
Impact
Success in strengthening after-sales service and differentiation

2022: Built-in Freezer Showcase Wins Good Design Award

Overview
Launched new product combining energy-saving performance and design.
Impact
Expansion of brand image and sales record

2023: Development and Commercialization of MIRACLEAR X Series

Overview
Launched new series of non-freon ice makers to strengthen environmental response.
Impact
Expansion of eco-product line and increased orders

2024: Approximately 3 Billion Yen Investment in New Okayama Delivery Base

Overview
Enhanced logistics base functions to improve delivery efficiency.
Impact
Shortened delivery times and improved customer satisfaction

2023: Advanced Remote Temperature Management System

Overview
Enhanced IoT-based temperature monitoring service to increase product value.
Impact
Contributes to improved operational efficiency for customers

2025: Transition to Holding Company Structure and Organizational Restructuring

Overview
Promoting growth strategy through improved management efficiency and business segmentation.
Impact
Strengthened group governance

Sustainability

  • Established environmental vision aiming for net-zero greenhouse gas emissions
  • Development and standardization of non-freon products
  • Improved product reliability through refrigerant gas leak warranty
  • Continuous investment in energy-saving and low-environmental-impact technologies
  • Establishment and implementation of green procurement standards
  • CO2 reduction through reconstruction of logistics bases
  • Promotion of waste reduction and recycling
  • Support for environmental education through collaboration with local communities
  • Effective resource utilization through product life extension
  • Strengthened environmental risk management in supply chain
  • Expansion and promotion of energy-saving products
  • Ensuring transparency through CSR reports