Seiwa Electric

Basic Information

Stock Code
6748
Industry
Electric Machinery
Category Detail
Information & Communication Equipment
Prefecture
Kyoto Prefecture
Establishment Year
January 1949
Listing Year
December 1989
Official Website
https://www.seiwa.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Sasatoku Printing, MK Seiko, Kyoryu Airtech, TB Group, Nagoya Electric Machinery, Futaba Electronics, Avix, Kensho, Fushiki Unyu

Overview

Seiwa Electric is an electrical equipment manufacturer based in Kyoto Prefecture, founded in 1949, and a leading company in niche markets with strengths in road information display equipment and LED products.

Current Situation

Seiwa Electric recorded consolidated sales of approximately 20.3 billion yen in fiscal 2019, developing businesses centered on information display systems, industrial lighting, and traffic signal lights. It has multiple domestic branches and sales offices, as well as related companies in China and Vietnam, establishing a global sales base. The company focuses on the development and manufacture of blue and white LEDs, demonstrating competitiveness in the energy-saving lighting field. It promotes quality management and environmental burden reduction through ISO9001 and ISO14001 certifications. It balances standard and custom products with made-to-order production, achieving flexible responses to customer needs through production management systems that support small-lot orders and short delivery times. Major clients include expressway companies, Sony, Canon, and other major corporations, securing stable business relationships. Moving forward, it aims to expand business areas and improve profitability while advancing sustainable lighting technologies and noise countermeasures. It plans medium- to long-term growth by strengthening its position in the traffic-related and information display equipment markets while differentiating from competitors.

Trivia

Interesting Facts

  • Launched Japan's first domestically produced waterproof fluorescent light fixture in the 1950s
  • Jointly developing soil purification technology using LED irradiation with a university
  • Holds a high market share in expressway traffic signal market
  • Focuses on quality and environmental management through ISO9001 and ISO14001 certifications
  • Balances standard products with made-to-order production for small lots

Hidden Connections

  • Major supporter of the Kyoto Youth Development Sports Foundation, a local Kyoto public interest incorporated foundation
  • Trusted as a supplier of signal equipment parts to major electronics manufacturers such as Sony and Canon
  • Has group-related companies in China and Vietnam and is actively expanding into local markets
  • Competes with companies such as Daito Signal and Kawagishi Industry in the traffic signal field

Future Outlook

Growth Drivers

  • Increasing demand for traffic infrastructure development domestically and internationally
  • Expanding demand for energy-saving and environmentally friendly LED products
  • Flexible response to small-lot and custom needs
  • Strengthening of environmental technologies for sustainable society
  • Expansion of sales base in overseas markets
  • Technology investment in next-generation traffic display systems
  • Recovery of infrastructure investment post-COVID
  • Deployment of information display systems for smart cities

Strategic Goals

  • Maintain top share in domestic traffic display equipment market
  • Triple expansion of energy-saving LED product lineup
  • Strengthen development of information display systems for new markets
  • Expand sales ratio of overseas-related companies to over 20%
  • Achieve zero environmental impact in manufacturing processes
  • Improve customer satisfaction to industry-leading levels
  • Improve production efficiency by 40% through digitalization and IoT utilization

Business Segments

Road and Traffic Infrastructure

Overview
Supplies signal equipment and display boards for expressways and urban traffic.
Competitiveness
High-reliability product technology compliant with traffic-related regulations.
Customers
  • NEXCO East Japan
  • NEXCO West Japan
  • Metropolitan Expressway
  • Hanshin Expressway
  • Ministry of Land, Infrastructure, Transport and Tourism
  • Local Governments
  • Road Management Companies
  • Traffic Control Centers
Products
  • Traffic Signal Lights
  • Road Information Signboards
  • Tunnel Emergency Alarm Devices
  • LED Traffic Display Boards

Industrial and Facility Lighting

Overview
Industrial lighting systems with high durability and energy-saving performance.
Competitiveness
Technological strength in long life and compliance with safety standards.
Customers
  • Manufacturing Factories
  • Warehouses
  • Commercial Facilities
  • Public Facilities
  • Logistics Centers
  • Large Retail Stores
Products
  • Industrial LED Lighting
  • Explosion-Proof Fluorescent Fixtures
  • Wiring Protection Materials
  • Noise Countermeasure Devices

Manufacturing System Equipment

Overview
Supplies display devices necessary for manufacturing sites and logistics.
Competitiveness
Made-to-order production system capable of custom responses.
Customers
  • Electronics Manufacturers
  • Machinery Manufacturers
  • Telecommunications Providers
Products
  • Information Display Systems
  • Digital Signage
  • Control Panel Products

Overseas-Related Business

Overview
Provides products for local markets in collaboration with overseas subsidiaries.
Competitiveness
Product development tailored to local needs.
Customers
  • China Factory
  • Vietnam-Related Companies
  • Overseas Agents
Products
  • LED Lighting Products
  • Electrical Equipment Parts

Competitive Advantage

Strengths

  • High technological expertise specialized in niche markets
  • Development capabilities for blue LED products
  • ISO certifications for quality and environmental compliance
  • Production management for made-to-order and small-lot production
  • Strong business relationships with major domestic expressway companies
  • Group structure supported by diverse related companies
  • Reliability backed by years of experience
  • High-durability lighting fixture manufacturing
  • Regulatory compliance technology for traffic display equipment
  • Regional base deployment

Competitive Advantages

  • High customization capabilities to meet special customer requirements
  • Development technology for high-performance LED modules not available from competitors
  • Product lineup specialized in road and traffic infrastructure
  • Differentiation through energy-saving and environmentally friendly products
  • Product supply system utilizing domestic and overseas related companies
  • High trust gained through robust regulatory compliance technology
  • Brand power from long track record of expressway deliveries
  • Short delivery times via flexible production management system
  • Sales network spanning multiple regions
  • High profitability secured by concentrating management resources on special markets

Threats

  • Intense technological innovation and competition in the LED industry
  • Cost increase risks from fluctuations in raw material prices
  • Decrease in traffic-related demand due to reduced public investment
  • Competitive pressure from entry by major manufacturers
  • Risk of reduced orders due to economic fluctuations
  • Increased equipment investment costs due to stricter environmental regulations
  • Impact on overseas business profits from exchange rate fluctuations
  • Concerns over product obsolescence due to emergence of alternative technologies

Innovations

2020: Joint Development of Soil Purification Technology Using LED Irradiation

Overview
Joint research with a university on environmental purification technology using LED light to activate microorganisms.
Impact
Aims to expand into new businesses in environmental improvement.

2021: Development and Sales Launch of New Traffic Signal Lights

Overview
Released energy-saving signal equipment adopting high-brightness blue LEDs.
Impact
Contributes to enhanced competitiveness through improved energy-saving effects.

2022: Advancement and Automation of Production Management Systems

Overview
Introduced AI and IoT technologies into in-house production management system to improve production efficiency.
Impact
Significantly strengthens small-lot and short-delivery capabilities.

2023: Expansion of Environmentally Friendly LED Product Lineup

Overview
Expanded sales of Eco Mark certified products and introduced new color LEDs.
Impact
Enhances brand in the environmentally conscious product market.

Sustainability

  • Strengthened environmental management through ISO14001 certification at all business sites
  • Development and promotion of energy-saving LED products
  • Reduction of waste in manufacturing processes and improvement of resource recycling rate
  • Thorough product design aimed at reducing environmental impact
  • Participation in environmental conservation activities in collaboration with local communities