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Shindengen Electric Unveils 17th Medium Term Business Plan

Story Highlights
  • Shindengen aims to strengthen its business foundation and improve capital efficiency by 2027.
  • The company will focus on electrification, Indian market expansion, and sustainability management.
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Shindengen Electric Unveils 17th Medium Term Business Plan

Confident Investing Starts Here:

Shindengen Electric Mfg Co Ltd ( (JP:6844) ) has issued an announcement.

Shindengen Electric Manufacturing Co., Ltd. has announced its 17th Medium Term Business Plan for 2025-2027, aiming to establish a solid business foundation and improve capital efficiency. The plan includes organizational restructuring, enhancing profitability in the Power Device Business, and focusing on growth sectors such as electrification. The company will prioritize the Indian market and promote sustainability management, with strategic resource allocation to achieve a PBR of 1 or more by 2027.

More about Shindengen Electric Mfg Co Ltd

Shindengen Electric Manufacturing Co., Ltd. operates in the electronics industry, focusing on the development and production of power devices and systems. The company is committed to advancing electrification in the mobility sector and is actively working on expanding its market presence, particularly in India.

Average Trading Volume: 67,887

Technical Sentiment Signal: Sell

Current Market Cap: Yen21.86B

Learn more about 6844 stock on TipRanks’ Stock Analysis page.

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