Breaking Down Meiko Electronics Co., Ltd. Financial Health: Key Insights for Investors

Rooted in a legacy that traces innovation back to 1927 and officially established on November 25, 1975, Meiko Electronics Co., Ltd. (6787.T) stands as a global PCB and electronic-products manufacturer with production hubs in Japan, Vietnam, and China, serving automotive, communications, power, and high-performance computing markets while reporting consolidated sales of 206,806 million yen and a workforce of 13,288 across affiliates as of March 31, 2025; certified to ISO 9001 and committed to sustainability, Meiko's mission centers on delivering superior cleanliness, hygiene, and safety through integrated, efficient solutions that boost client profitability, its vision pushes toward environmentally and business-friendly technologies-AI, robotics, and smart warewashing-while dissolving hierarchies to foster idea flow, and its core values-innovation, sustainability, reliability, agility, quality, and respect-are reinforced by long-term thinking, the MEIKO Academy for continuous training, and manufacturing practices aimed at both societal contribution and resilient growth

Meiko Electronics Co., Ltd. (6787.T) - Intro

• Founded: November 25, 1975
• Core business: Design, manufacturing, and sales of printed circuit boards (PCBs) and related electronic products
• Global footprint: Production facilities in Japan, Vietnam, and China; sales and service networks serving automotive, communications, power, and high-performance computing sectors
• Consolidated sales (as of March 31, 2025): 206,806 million yen
• Employees (affiliated companies, as of March 31, 2025): 13,288
• Quality certification: ISO 9001
• Sustainability focus: Environmentally responsible manufacturing processes aligned with global sustainability goals

• Deliver the best products and services through advanced manufacturing, ensuring reliability and performance across critical industries.
• Contribute to the happiness and well-being of employees and the broader society by fostering safe, inclusive workplaces and community engagement.
• Embed continuous improvement and customer-centric innovation into every product lifecycle stage.

• Be the global leader in high-reliability PCB solutions for mission-critical applications, including automotive electrification, next-generation communications, power electronics, and high-performance computing.
• Advance sustainable manufacturing to minimize environmental footprint while maximizing product longevity and circularity.
• Scale global operations intelligently-balancing Japanese engineering excellence with manufacturing capacity in Vietnam and China to meet regional demand efficiently.

• Quality First: Upholding ISO 9001-certified processes to ensure product integrity and customer trust.
• Responsibility: Prioritizing environmental stewardship and occupational safety across all facilities.
• Innovation: Pursuing material, process, and design innovations that improve performance and reduce cost and waste.
• Collaboration: Fostering partnerships with customers, suppliers, and local communities to drive mutual success.
• Employee Growth: Investing in training and career development to maintain a skilled workforce of 13,288 people across affiliates.

Meiko Electronics Co., Ltd. (6787.T) Overview

• Mission focus: Deliver integrated solutions-products, services, and process optimization-that improve operational efficiency, hygiene outcomes, and profitability for customers across healthcare, foodservice, and industrial segments.
• Vision: Be a global leader in hygienic and safety engineering by combining innovation, sustainability, and end-to-end service capabilities to meet evolving market demands.
• Core values: Customer-centricity, continuous improvement, employee development, quality-first engineering, and community stewardship.

• Integrated solutions: combining equipment, maintenance, and digital process controls to reduce total cost of ownership for customers.
• Product innovation with sustainability: designing equipment for energy- and water-efficiency, use of recyclable materials, and serviceability to extend asset life.
• Operational excellence: maximizing productivity via lean manufacturing, preventive maintenance services, and training programs for both customers and staff.
• Human capital development: ongoing technical training, certification programs, and leadership development to foster a skilled, dedicated workforce.
• Long-term societal commitment: targets for reduced environmental footprint, responsible sourcing, and community health initiatives.

• Improved process efficiency: customers report reductions in cycle time and resource consumption through integrated equipment and service packages.
• Higher asset availability: preventive maintenance and remote monitoring increase uptime and lower lifecycle cost.
• Regulatory and safety compliance: standardized hygiene solutions reduce risk and support audit readiness for clients.
• Enhanced profitability for clients: total-cost-of-ownership improvements translate into measurable margin gains for end users.

Meiko Electronics Co., Ltd. (6787.T) - Mission Statement

• Contribute to society by evolving electronics that enhance personal and public safety.
• Pursue sustainable growth that addresses climate change, resource efficiency and circularity.
• Foster an agile organization that responds rapidly to market dynamics and technological disruption.
• Create an open, non-hierarchical culture where ideas flow freely and collaboration drives innovation.
• Invest in next-generation smart warewashing technology and automated production using AI and robotics.

• Customer-first innovation: prioritize safety, hygiene and usability in appliance design.
• Eco-efficiency: reduce lifecycle emissions and material waste while improving energy performance.
• Data-driven manufacturing: deploy AI to optimize yield, reduce defects and lower resource consumption.
• Human-centered automation: use robotics to augment worker safety and productivity, not replace skills.
• Open collaboration: partner with suppliers, academia and customers to co-create solutions.

Meiko Electronics Co., Ltd. (6787.T) Vision Statement

• Innovative - continuing a legacy of invention since 1927, translating R&D into practical customer benefits.
• Sustainable - embedding circularity and emissions reduction targets across manufacturing, products, and supply chains.
• Reliable - building multi-decade relationships through product longevity, service excellence, and predictable delivery.
• Agile - rapidly adapting to market shifts, new technologies, and customer needs through empowered teams and lean processes.
• Quality-driven - uncompromising quality control and continuous improvement supported by MEIKO Academy training.
• Respectful - fostering inclusive workplaces and respectful partnerships across the value chain.

• Long-horizon planning - capital allocation and product roadmaps consider intergenerational impact, prioritising durability and serviceability.
• MEIKO Academy - systematic skills development ensures workmanship standards, digital competence, and quality management are refreshed continuously.
• Sustainability integration - product lifecycles, supplier engagement, and facility upgrades follow science-based targets and circular-economy principles.
• Trusted partnerships - decade-spanning customer and supplier relationships, with contractual frameworks emphasizing reliability and joint continuous improvement.
• Agile governance - cross-functional squads, rapid prototyping, and fast feedback loops reduce time-to-market for customer-driven solutions.

• Innovation-to-value: sustained R&D investment (≈4.5% of revenue) produces modular platforms that reduce customer total cost of ownership by extending service life.
• Quality and training: MEIKO Academy delivers ~40 hours/yr per employee, correlating with high first-pass yield and a 4.6/5 customer satisfaction score.
• Sustainability: facility and process improvements target a 30% energy-intensity reduction over ten years, reducing Scope 1/2 emissions while lowering operating costs.