Shindengen
Basic Information
- Stock Code
- 6844
- Industry
- Electrical Equipment
- Category Detail
- Semiconductors & Electronic Components
- Prefecture
- Tokyo
- Establishment Year
- August 1949
- Listing Year
- October 1961
- Official Website
- https://www.shindengen.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Kioxia Holdings, Digital Media Professional, Pole to Win HD, Tri Chemical, Socionext, Sanken, Renesas Electronics, Axel, Zain Electronics, Aoi Electronics, MegaChips, ROHM
Overview
Shindengen Electric Manufacturing is an electrical equipment manufacturer established in 1949, with semiconductors and power supply devices as its mainstays, serving as one of Japan's three major domestic power supply companies with superior technological capabilities.
Current Situation
Shindengen Electric Manufacturing recorded consolidated sales of 80.4 billion yen in the fiscal year ended March 2021, but operating profit and net profit were in the red. It possesses advanced technology in its core semiconductor and power supply device businesses and also develops rectifiers for automotive electrical components and telecommunications equipment. In recent years, it has focused on energy-saving adaptations and improved environmental durability, strengthening its production system through the operation of new factories. Amid fierce technological competition with competitors and significant market fluctuations, it is promoting structural reforms to improve profitability. It is also advancing in-house development capabilities and synergies with group companies, aiming to expand market share in the future through the expansion of high-reliability power semiconductor products. Research and development of environmentally friendly products and high-efficiency power supplies continues, with the establishment of sustainable manufacturing and management systems as a medium- to long-term challenge. Amid increasingly sophisticated market needs, it is proceeding with order acquisition and consideration of new businesses, striving to strengthen the foundation for stable growth.
Trivia
Interesting Facts
- Established in 1949 by inheriting the semiconductor division of Dengen Kogyo, with historical background
- Sidac is recognized domestically and internationally as the company's registered trademark
- Veteran electrical equipment manufacturer occupying one of the three major positions in power supplies
- Maintains high domestic market share in rectifiers for telecommunications equipment
- Dramatic improvement in production efficiency due to new factory operation
- Early market launch of LED failure countermeasure products, leading the industry
- Has multiple group companies and engages in wide-ranging business development
- Head office located in the new Otemachi Building in central Tokyo
- Possesses unique product lineup combining semiconductor and power supply technologies
- Long track record in two-wheeled vehicle electrical components
- Promoting technological collaboration and market expansion with numerous related companies
- Also advancing material technology development for improved environmental durability
- Production system including overseas bases in addition to domestic
- Many in-house technology developers hold patents
- Continuously updating compliant products in line with enhanced safety standards
Hidden Connections
- Potential technological partnership with Renesas Electronics in the semiconductor field
- Market collaboration with related stocks like Sanken Electric and Pole to Win HD is noteworthy
- Active in regional factory attraction and receives substantial support from Saitama Prefecture
- LED failure countermeasure products are widely adopted by other lighting manufacturers
- Multiple group companies dispersed across regions, contributing to local economies
- Products supplied to automotive manufacturers both domestically and internationally
- Maintains long-term trading relationships with telecommunications infrastructure operators
- Focusing on new business development backed by advanced semiconductor processing technology
Future Outlook
Growth Drivers
- Expansion of EV and hybrid compatible markets for automotive electrical components
- Increasing demand for energy-saving products
- Expansion of parts demand due to strengthening of telecommunications infrastructure such as 5G
- Recovery of parts demand due to resurgence of manufacturing in Japan and overseas
- Increased demand for advanced environmental technologies due to stricter environmental regulations
- Strengthening of group synergies and rationalization
- Progress in developing high-performance power semiconductors for IoT devices
- Enhanced cost competitiveness through advanced automation of manufacturing processes
- Strengthening sales expansion into global markets
- Response to diversifying needs for safety and protection components
- Growth promotion through development of new customer segments
- Entry into renewable energy-related markets
Strategic Goals
- Enter domestic top 3 in high-efficiency power semiconductor products
- Achieve consolidated sales over ¥100 billion
- Strengthen overseas production bases and establish multi-base operations
- Environmentally friendly products accounting for over 50% of sales
- 100% digitalization and automation of production processes
- Establish industry-leading standards in product quality and reliability
- Maximize technological and sales collaboration among group companies
- Achieve carbon neutrality for sustainable management
- Enhance talent development and in-house technology succession systems
- Continuous investment in new markets and new technology development
Business Segments
Two-Wheeled Vehicle Electrical Components Segment
- Overview
- Provides electrical components and power semiconductors for two-wheeled vehicles to improve safety and performance.
- Competitiveness
- Highly reliable electrical products and semiconductor technology
- Customers
-
- Two-wheeled vehicle manufacturers
- Parts trading companies
- Two-wheeled vehicle repair shops
- Products
-
- Ignition Coils
- Headlight Units
- Power ICs for Electrical Control
Telecommunications Equipment Components Segment
- Overview
- Provides low-loss, highly reliable power supply components for telecommunications infrastructure.
- Competitiveness
- Low power consumption and environmentally friendly product development
- Customers
-
- Telecommunications equipment manufacturers
- Infrastructure operators
- Telecommunications equipment providers
- Products
-
- Telecommunications Rectifiers
- DC/DC Converters
- Power ICs
Automotive Electrical Components Segment
- Overview
- Contributes to a safe and comfortable automotive society through the manufacture of high-performance electrical components for four-wheeled vehicles.
- Competitiveness
- Onboard power control leveraging technological strengths
- Customers
-
- Automotive manufacturers
- Automotive parts suppliers
- Products
-
- Automotive Headlights
- Ignition Coils
- Onboard Power ICs
Industrial Equipment Power Supply Segment
- Overview
- Realizes high-efficiency and stable power supply in industrial fields.
- Competitiveness
- Long-life, high-efficiency power supply technology
- Customers
-
- Industrial machinery manufacturers
- Equipment maintenance providers
- Electrical equipment sales companies
- Products
-
- Switching Power Devices
- Inverter Power Supplies
- Power ICs for Control
Electronic Equipment Components Segment
- Overview
- Deploys highly reliable power products for home appliances and electronic equipment.
- Competitiveness
- Compact, high-efficiency products reflecting the latest technology
- Customers
-
- Home appliance manufacturers
- Electronic equipment design companies
- Products
-
- DC/DC Converters
- Semiconductor Devices
- Safety Protection Components
Solution and Service Segment
- Overview
- Provides technical services tailored to customer needs.
- Competitiveness
- Abundant technical know-how and support system
- Customers
-
- Product development companies
- Embedded design firms
- Products
-
- Custom Semiconductor Design
- Technical Support
- Product Evaluation Testing
Environmental Technology Segment
- Overview
- Develops products that contribute to energy savings and environmental protection.
- Competitiveness
- Accumulated technology for reducing environmental impact
- Customers
-
- Energy-saving related companies
- Environmental equipment manufacturers
- Products
-
- Energy-saving Power Devices
- Environmentally Friendly Power Semiconductors
Motor Control Segment
- Overview
- Provides high-efficiency and high-reliability motor control products.
- Competitiveness
- Development capabilities in high-performance drive technology
- Customers
-
- Motor manufacturers
- Industrial equipment manufacturers
- Products
-
- Power ICs
- Motor Drivers
Safety and Protection Components Segment
- Overview
- Supplies various protection components that support product safety.
- Competitiveness
- Deployment of highly reliable product lineup
- Customers
-
- Electronic equipment manufacturers
- Construction machinery operators
- Products
-
- Thyristors
- Overcurrent Protection Products
Testing and Inspection Services Segment
- Overview
- Services supporting technical evaluation and quality improvement.
- Competitiveness
- Advanced inspection equipment and expertise
- Customers
-
- Group companies
- External customers
- Products
-
- Product Performance Testing
- Reliability Evaluation
Electronic Components Sales Segment
- Overview
- Handles a wide range of electronic components and provides them to customers.
- Competitiveness
- Rich product lineup and support
- Customers
-
- Sales agents
- General customers
- Products
-
- Various Electronic Components
- Semiconductors
R&D Support Segment
- Overview
- Department supporting next-generation technology development.
- Competitiveness
- Advanced research infrastructure and talent
- Customers
-
- In-house R&D departments
- External research institutions
- Products
-
- New Material Development
- Prototype Product Provision
Competitive Advantage
Strengths
- Superior power semiconductor technology
- Diverse power supply device development capabilities
- Rich customer base and industry track record
- Group company collaboration system
- Long-cultivated reliability and quality
Competitive Advantages
- Differentiation from competitors with highly reliable semiconductor product lineup
- Product lineup adaptable to a wide range of industries
- Advanced technology development and manufacturing processes
- Custom product design capabilities tailored to customer needs
- Stable production system and bases in Japan and overseas
Threats
- Intensifying global semiconductor competition
- Emergence of low-price products from emerging markets
- Demand decline due to unforeseen economic fluctuations
- Risk of product obsolescence due to rapid technological innovation
- Cost and profit pressure from exchange rate fluctuations
Innovations
2021: Development of Energy-Saving Switching Power Supplies
- Overview
- Developed switching power supplies with industry-leading energy-saving performance.
- Impact
- Reduced energy consumption by 15% and contributed to reducing environmental impact
2022: Successful Prototype of High-Voltage Power MOSFET
- Overview
- Prototyped a new high-voltage power MOSFET, achieving performance improvements.
- Impact
- Achieved improved reliability for industrial equipment
2023: New Factory Operation Starts, Strengthening Production Capacity
- Overview
- Started operations at a new factory in Asaka City, Saitama Prefecture, expanding production lines.
- Impact
- Improved production efficiency by 20% and shortened delivery times
2024: Market Launch of Improved LED Failure Countermeasure Sidacs
- Overview
- Improved performance of LED protection components, extending product lifespan.
- Impact
- Strengthened customer satisfaction and market competitiveness
2022: Development of Low-Power Consumption ICs for Telecommunications Equipment
- Overview
- Developed standby power reduction-type power ICs for telecommunications equipment.
- Impact
- Contributed to energy savings in telecommunications infrastructure
Sustainability
- Active development and deployment of energy-saving products
- Promotion of waste reduction and improved recycling rates
- Introduction of manufacturing processes to reduce environmental impact
- Expansion of in-house energy-saving activities
- Regional cleanup activities and greening initiatives
- Strict compliance with environmental laws and regulations and maintenance of ISO14001 certification
- In-house environmental education
- Promotion of green procurement
- Waste reduction through product quality assurance
- Formulation of policies toward carbon neutrality