Lecip Holdings

Basic Information

Stock Code
7213
Industry
Transportation Equipment
Category Detail
Information & Communication Equipment
Prefecture
Gifu Prefecture
Establishment Year
October 2010
Listing Year
December 2005
Official Website
https://www.lecip.co.jp/hd/index.htm
TSE Information
TSE Information
Yahoo! Finance
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Other Companies
CVS Bay, Iwabuchi, Nippon Signal, Kyosan Electric Manufacturing, Daido Signal, Tanaka Precision, Odawara Kiki, CS Lumber

Overview

Lecip Holdings is a holding company founded in 1953 as a specialist manufacturer in the transportation equipment field, with strengths in the development and manufacturing of fare collection equipment and lighting equipment for buses and railways.

Current Situation

Lecip Holdings boasts consolidated sales of approximately ¥15.5 billion (fiscal year ended March 2021), mainly centered on bus and railway fare collection equipment and industrial lighting equipment. Headquartered in Motosu City, Gifu Prefecture, it manufactures and sells electrical equipment and automotive parts together with related subsidiaries. In recent years, it has launched the smartphone boarding pass app 'QUICK RIDE' as a new B2C service, focusing on expanding convenience through digitalization. Leveraging its technological strengths, it differentiates from competitors through proprietary bus card systems and the development of fare boxes compatible with all routes. It is also advancing IoT and digital signage initiatives in the transportation systems field. As a Tokyo Stock Exchange Standard Market-listed company, it maintains stable management and promotes group strengthening through its holding company structure. With consideration for sustainability, it contributes to efficient regional transportation and reduced environmental impact. Moving forward, it will accelerate digital technology utilization and global expansion to address diversifying transportation needs.

Trivia

Interesting Facts

  • Began manufacturing fluorescent lights for buses in Japan for the first time in 1951
  • Delivered Japan's first integrated fare box bus card system in 1988
  • Lecip products are standardly adopted by numerous bus companies domestically and internationally
  • Pioneering presence in bus LCD fare displays
  • Launched smartphone ticketing app QUICK RIDE in 2020

Hidden Connections

  • Listed on both Tokyo and Nagoya Stock Exchanges
  • Established digital signage operation company jointly with Gifu Shimbun
  • Collaborative relationship supplying card readers to competitor Odawara Kiki
  • Collaborative development with JR East Mechatronics on public transportation fare systems

Future Outlook

Growth Drivers

  • Increased demand from digitalization of public transportation
  • Expansion of transportation equipment needs with smart city initiatives
  • Product innovation needs from spread of IC cards and smartphone payments
  • Strengthened societal demand for energy-saving and eco-friendly technologies
  • System introductions for efficient and sustained local transportation

Strategic Goals

  • Significant increase in operators supporting smartphone ticketing
  • Maintain top domestic share in fare collection equipment
  • Improve profitability by expanding high value-added products
  • Sustainable management through active adoption of environmental and energy-saving technologies
  • Selective advancement into global markets

Business Segments

Public Transportation Equipment Development

Overview
Supplies a wide range from bus and railway fare collection equipment to guidance displays.
Competitiveness
Comprehensive electrical equipment lineup fully tailored for transportation facilities with proven reliability.
Customers
  • Bus Operators
  • Railway Companies
  • Municipal Transportation Bureaus
  • Transportation System Providers
  • Transportation Consultants
Products
  • Fare Boxes
  • Card Readers
  • Boarding Pass Automatic Issuers
  • Boarding/Alighting Guidance Displays
  • Digital Signage

Automotive Electrical Components Manufacturing

Overview
Designs, manufactures, and sells automotive electrical equipment with a focus on high reliability.
Competitiveness
High-quality production system backed by long-cultivated electrical and electronic technologies.
Customers
  • Automakers
  • Auto Parts Manufacturers
  • Industrial Equipment Manufacturers
  • Parts Distributors
Products
  • Onboard Electrical Equipment
  • Safety Equipment Components
  • Control Electronic Components
  • Lighting Equipment

Industrial Equipment and Sign Systems

Overview
Planning, manufacturing, and operation of guidance display systems for commercial and public spaces.
Competitiveness
Customization capabilities for diverse environments.
Customers
  • Commercial Facilities
  • Public Facilities
  • Railway Stations
  • Bus Terminal Operators
Products
  • Sign Display Devices
  • Digital Guideboards
  • Control Equipment
  • Repair and Maintenance Services

Smartphone Ticketing System Provision

Overview
Promotes digitalization of boarding passes with smartphone app 'QUICK RIDE'.
Competitiveness
Rapid provision of highly convenient smartphone payment systems.
Customers
  • Bus Operators
  • Railway Operators
  • Regional Transportation Operators
Products
  • Mobile Ticketing App
  • Cloud Payment Platform
  • Fare Collection Management System

Repair and Maintenance Services

Overview
Nationwide technical services to support stable product operation.
Competitiveness
Quick response capabilities and accumulated expertise.
Customers
  • User Companies
  • Repair Agents
  • Local Government Transportation Departments
Products
  • Equipment Repair Services
  • Maintenance Contracts
  • Technical Consulting

Competitive Advantage

Strengths

  • Expertise in developing specialized transportation equipment electrical products
  • Abundant track record and trust in railway and bus sectors
  • Strong group structure leveraging subsidiaries
  • Responds to market needs with diverse product lineup
  • Advanced technology in smartphone ticketing

Competitive Advantages

  • Domestic pioneering development of LCD-equipped fare boxes
  • One-stop provision of extensive public transportation electrical equipment
  • Technological capability compatible with various IC card systems
  • Value creation through integration with digital signage
  • Custom design reflecting transportation facility needs

Threats

  • Intensifying price competition from rivals
  • Need to keep pace with rapid evolution of IC card systems
  • Demand fluctuations due to changes in public transportation investment environment
  • Rise of overseas products in technology and pricing
  • Risk of reduced public transportation usage due to COVID-19 pandemic, etc.

Innovations

2023: Expansion of Smartphone Ticketing App 'QUICK RIDE'

Overview
Promotes digitalization of railway and bus boarding passes via mobile app.
Impact
Share expansion through adoption by multiple operators.

2022: Development of Full-Color LED Destination Display

Overview
Commercialized Japan's first full-color LED display for buses.
Impact
Contributes to improved customer satisfaction through enhanced visibility.

2021: Enhanced Functionality of IC Card-Compatible Fare Boxes

Overview
Improved LCD display and communication performance for operational efficiency.
Impact
Advances smartization of public transportation systems.

2020: Functional Integration Among Group Companies

Overview
Merged with Lecip SLP to strengthen product planning.
Impact
Improved development speed and efficiency.

Sustainability

  • Promotion of energy-saving designs in public transportation equipment
  • Reduction of paper media through digitalization
  • Support for efficient regional transportation operations
  • Expansion of environmentally friendly materials
  • Enhanced employee health and safety management