Nagano Keiki

Basic Information

Stock Code
7715
Industry
Precision Instruments
Category Detail
Commercial & Industrial Machinery
Prefecture
Tokyo
Establishment Year
December 1948
Listing Year
December 1998
Official Website
https://www.naganokeiki.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Rigaku Holdings, Dainichi Seika, Fukoku, Anritsu, Yokogawa Electric, Azbil, Horiba, Hioki, JEOL, Shimadzu Corporation, Topcon, Riken Keiki, Matsukaze

Overview

Nagano Keiki is a precision instrument manufacturer founded in 1948, and as a global leading company in pressure gauges and pressure sensors, it focuses mainly on the automotive sector.

Current Situation

Nagano Keiki boasts consolidated sales of approximately 44.2 billion yen (fiscal year ended March 2017) and holds strong market share both domestically and internationally in the pressure gauge and pressure sensor sectors. Its flagship automotive pressure sensors include products for hydrogen stations in fuel cell vehicles, with ongoing advancements in high performance. It is strengthening global expansion through collaboration with related subsidiaries Ashcroft Inc. and New Era. Compared to competitors, it possesses superior technological capabilities and a stable revenue base in the industrial equipment market centered on the automotive industry. In recent years, it has focused on developing new technologies such as IoT sensors and is also working on sustainable environmentally friendly products. Looking ahead, it aims to capture further market share through expansion in the industrial IoT sector. Major shareholders include major corporations and financial institutions, ensuring a stable management foundation. By strengthening manufacturing bases and R&D systems both domestically and internationally, it maintains reliability in quality and supply chains. It is advancing risk management against economic fluctuations and formulating medium- to long-term growth strategies.

Trivia

Interesting Facts

  • Began manufacturing pressure gauges in Nagano Prefecture at founding
  • World's top share in pressure sensors for fuel cell vehicles
  • Strengthened U.S. market by making Ashcroft Inc. a subsidiary
  • Nagano Keiki pressure gauges are displayed at the National Science Museum
  • Transactions with major domestic automotive manufacturers for automotive pressure sensors
  • Highly rated for long-life design of various pressure gauges
  • Leads safety standards with pressure gauges for hydrogen stations
  • Contributes to regional technological advancement through talent development
  • High technological accumulation and innovation in precision instruments industry
  • Long-established company rooted in Ueda City, Nagano Prefecture
  • Innovative product lineup supporting fuel cell vehicle development
  • High-pressure resistant sensors also attracting attention in space development
  • Listed on the Tokyo Stock Exchange Prime Market
  • Accommodates diverse industry needs across multiple sectors
  • Certain share in development of high-precision thermometers and flow meters

Hidden Connections

  • Subsidiary Ashcroft supports sales channels in the North American market
  • Strong in automotive industry with deep transaction ties to Toyota Group
  • Accelerating overseas expansion of hydrogen pressure gauge products with fuel cell vehicle adoption
  • Nagano Keiki products widely adopted as safety monitoring equipment in oil and chemical plants
  • Conducts product development quickly responding to changes in environmental regulations
  • Company fusing traditional Japanese precision instrument technology with modern IoT
  • Supported by multiple bank-affiliated capitals as stable shareholders
  • Advancing business in collaboration with Japan's hydrogen society promotion policies

Future Outlook

Growth Drivers

  • Increased demand for hydrogen-related products with fuel cell vehicle market expansion
  • Growing demand for automotive pressure sensors due to electrification and higher functionality in automotive industry
  • Increasing demand for smart sensors with spread of industrial IoT
  • Rising needs for high-performance precision instruments compliant with stricter environmental regulations
  • Sales expansion through aggressive overseas market penetration
  • Product differentiation strengthening via new technology development
  • Promotion of energy-saving and resource-saving product development
  • Trends in automation and digitalization of industrial machinery
  • New market development through expansion in medical and disaster prevention fields
  • Strengthened investment in sustainable management

Strategic Goals

  • Achieve over 40% global market share in fuel cell vehicle-related products
  • Expand industrial IoT smart sensor sales to approximately 10 billion yen
  • Further strengthen and expand overseas production and sales bases
  • Reduce CO2 emissions by 50% through environmentally friendly product development
  • Maintain R&D investment in innovative measurement technology at 3 billion yen annually
  • Build sustainable organization through diversity promotion
  • Diversify product lineup in safety and security fields
  • Establish product development compliant with domestic and international regulations and standards
  • Improve production efficiency by 20% through digitalization
  • Enhance service systems to improve customer satisfaction

Business Segments

Automotive Industry Pressure Instruments

Overview
Provides high-precision and environmentally durable pressure instruments for the automotive industry.
Competitiveness
Industry-leading pressure sensor performance
Customers
  • Automotive manufacturers
  • Automotive parts suppliers
  • Hybrid and fuel cell vehicle development teams
  • R&D institutions
  • Quality inspection departments
  • Maintenance providers
Products
  • Automotive pressure sensors
  • Fuel cell pressure gauges
  • Automotive pressure switches
  • Vehicle digital pressure gauges

Industrial Machinery and Equipment Measurement Instruments

Overview
Manufactures robust and highly reliable measurement instruments for various industrial sectors.
Competitiveness
Long-term stable measurement performance and after-sales service
Customers
  • Heavy industry manufacturers
  • Oil and chemical plants
  • Energy-related companies
  • Steel mills
  • Water treatment facilities
  • Environmental companies
Products
  • Pressure gauges
  • Pressure switches
  • Thermometers
  • Flow meters
  • Analytical measurement instruments

Energy and Hydrogen-Related Systems

Overview
Deploys high-performance pressure instruments for next-generation energy such as hydrogen stations.
Competitiveness
High-pressure compatibility technology and safety assurance
Customers
  • Hydrogen station operators
  • Fuel cell vehicle manufacturers
  • Energy suppliers
  • Environmental technology R&D institutions
Products
  • High-pressure hydrogen sensors
  • Fuel cell control instruments
  • Environmental monitoring instruments

Medical Equipment Measurement Instruments

Overview
Develops and provides precision measurement instruments for the medical field.
Competitiveness
High precision and compliance with safety standards
Customers
  • Medical equipment manufacturers
  • Medical research institutions
  • Hospitals
Products
  • Medical pressure gauges
  • Biometric sensors

Environment and Public Infrastructure

Overview
Manufactures and provides specialized instruments for environmental protection and disaster prevention.
Competitiveness
High reliability and long-life design
Customers
  • Local governments
  • Public environmental monitoring agencies
  • Disaster prevention facility managers
Products
  • Environmental measurement instruments
  • Disaster prevention pressure sensors

Precision Sensor Development

Overview
Researches and provides high-sensitivity sensors using cutting-edge technology.
Competitiveness
Cross-industry application technology
Customers
  • Semiconductor equipment manufacturers
  • Electronic equipment manufacturers
  • R&D institutions
Products
  • Infrared sensors
  • Temperature sensors
  • Pressure sensors

Construction Machinery Instruments

Overview
Deploys instruments contributing to safety and efficiency in construction machinery.
Competitiveness
Balance of durability and operability
Customers
  • Construction machinery manufacturers
  • Heavy equipment maintenance companies
Products
  • Hydraulic pressure gauges
  • Control switches

Industrial IoT and Smart Sensors

Overview
Provides advanced sensors supporting digital transformation.
Competitiveness
Real-time data collection and analysis technology
Customers
  • Manufacturing industry
  • Infrastructure companies
  • Energy businesses
Products
  • IoT-compatible pressure sensors
  • Smart data collection devices

Disaster Prevention Safety Monitoring

Overview
Provides high-performance measurement devices for reducing disaster risks.
Competitiveness
High-reliability design and rapid response service
Customers
  • Disaster prevention agencies
  • Public facility managers
Products
  • Pressure monitoring systems
  • Alarm pressure sensors

Water Treatment System Instruments

Overview
Manufactures instruments for improving water treatment efficiency and safety.
Competitiveness
Corrosion resistance and high-precision measurement technology
Customers
  • Water treatment facilities
  • Wastewater treatment plants
Products
  • Flow meters
  • Pressure gauges
  • Environmental monitoring sensors

For Research Institutions, Universities, and Testing Labs

Overview
Provides optimized products for academic and technical development.
Competitiveness
Custom対応 and advanced measurement accuracy
Customers
  • University labs
  • Public testing institutions
  • Industrial research labs
Products
  • High-precision measurement instruments
  • Custom sensors

Semiconductor Manufacturing Equipment Components

Overview
Develops high-performance measurement components supporting cutting-edge semiconductor manufacturing.
Competitiveness
High-precision and high-durability technology for superior performance
Customers
  • Semiconductor manufacturers
  • Equipment manufacturing companies
Products
  • Precision pressure sensors
  • Vacuum gauges

Competitive Advantage

Strengths

  • Global leader in pressure gauges and sensors
  • High product reliability and accuracy
  • Stable market base centered on automotive applications
  • Strong deployment across diverse industries
  • Collaboration with global subsidiaries
  • Abundant R&D infrastructure
  • Long industry track record and technological accumulation
  • Strong transaction relationships with key customers
  • Development capabilities in high-performance hydrogen products
  • Broad product portfolio
  • Excellent after-sales service system
  • Provision of highly environmentally resistant products
  • Stable management base and financial strength
  • Continuous technological innovation
  • Flexible response to customer needs

Competitive Advantages

  • World's top market share in automotive pressure sensors
  • High integration of pressure resistance and sensor technology
  • Specialization in hydrogen pressure gauges for fuel cell vehicles
  • Rapid supply system via domestic and international manufacturing bases
  • In-house sensor module development capabilities
  • Strong applicability across wide industries
  • Robust customer support and customization
  • Product reliability through stringent inspection standards
  • Business diversification via active M&A
  • Early development of environmentally regulatory compliant products
  • Fast commercialization speed for new technologies
  • Utilization of global sales network
  • Technological strength in environmental resistance testing
  • Pioneer in IoT-compatible smart sensors
  • Long-term after-sales support plans

Threats

  • Production delays due to semiconductor shortages
  • Impact from global automotive industry fluctuations
  • Intensifying price competition from overseas rivals
  • Increased burden for product improvements due to stricter environmental regulations
  • Cost increase risks from exchange rate fluctuations
  • Delays in market penetration of new technologies
  • Impact from deteriorating economic conditions of key customers
  • Shortening product lifecycles
  • Rising procurement prices for key raw materials
  • Overseas business impacts from geopolitical risks
  • Increasing compliance costs
  • Decline in R&D capabilities due to engineer shortages

Innovations

2024: Development of High-Precision Hydrogen Pressure Sensor

Overview
Newly developed a high-pressure resistant, highly reliable hydrogen pressure sensor for fuel cell vehicles.
Impact
Achieves industry-leading safety and accuracy.

2023: Commercialization of IoT-Compatible Smart Pressure Sensor

Overview
Launched IoT pressure sensor capable of real-time sensor data acquisition.
Impact
Contributes to manufacturing efficiency and predictive maintenance.

2022: Development of AI-Equipped Pressure Gauge

Overview
Successfully prototyped pressure gauge with anomaly detection using AI technology.
Impact
Enhances preventive effects against equipment failures.

2021: Introduction of Power-Saving Technology for New Automotive Pressure Sensors

Overview
Implemented low-power sensor technology contributing to reduced battery consumption.
Impact
Contributes to improved performance of automotive equipment.

2020: Expansion of Environmentally Resistant Pressure Gauge Product Line

Overview
Expanded series of high-durability pressure gauges for harsh environments.
Impact
Supports stable operation of plants and similar facilities.

Sustainability

  • Sensor development incorporating energy-saving technology
  • Product design using recycled materials
  • Implementation of CO2 emission reduction plans at production sites
  • Introduction of packaging materials considerate of environmental impact
  • Deployment of safe and sustainable hydrogen-related products
  • Social contribution through promotion of disabled employment
  • Active participation in local environmental conservation activities
  • Employee environmental awareness programs
  • Thorough environmental management in supply chain
  • ISO 14001 certification for environmental management