Overview of segments
The Products segment consists of the measurement and electronic equipment related business within Seika Corporation and Group companies specializing in products such as valves, submersible pumps, marine engines, and precision analysis equipment. Many of the products we handle have exclusive sales rights and are widely used in both Japan and overseas, solidifying their position and brand as Seika Group products. In addition, some products such as valves, are developed and manufactured in-house, and we are expanding our business by not only selling, but also providing total support for our products, including maintenance, seminars, and other services.
Main products and services
- Marine engines
- Various valves centered on diaphragm valves
- Plant equipment inspection using UT drones
- Laser gas analyzers, temperature data loggers, and other measurement equipment
- Submersible pumps for construction work and wastewater treatment facilities
- Particle image velocimetry systems
- Diffuser pipes for wastewater treatment facilities
Recognizing the external environment
Strengths
- We have many specialized and highly competitive “strong products”
- By offering total services ranging from product sales to maintenance, we gain customer trust and establish a continuous and stable earnings base
- This segment’s products can be the starting point for exploring new industries and customers, and it functions as a segment mix element
Risks
- Dependence on specific business partners business for responding to environmental regulations and maintaining and updating product competitiveness
- The impact of micro-industrial trends and new entrants on product demand is significant in niche areas
Opportunities
- Increased demand for measurement and component equipment due to the introduction and tightening of environmental regulations
- Decrease in the working population is expected to expand opportunities for investment in existing manufacturers and startups related to productivity improvement
Segment Highlights
Business overviews and main measures (actions) of primary Group companies
In the Product segment, each employee operates as an expert in the products they are responsible for. Products handled in niche areas boast a high level of recognition and strong reputation in each industry, forming an important part of the Seika Corporation Group’s earnings foundation. While the challenges, strategies, and specific initiatives vary for each company during the period of this Medium-Term Management Plan, our common mission is “expanding the handling of strong products” that can take advantage of the unique characteristics of each company. We aim to develop commercial products that will serve as pillars of our business and expand the range of Seika original products, while utilizing collaborations with business partners, business investments, and M&As, etc.
Segment TOPIC
Efforts towards realizing a sustainable marine business
In August of this year, Seika Daiya Engine Co., Ltd. (SDE), which develops marine engine business, and Maruha Nichiro Group agreed to cooperate on “reducing CO2 emissions at aquaculture farms” as part of the Maruha Nichiro Group’s efforts to address climate change. SDE leased an electric propulsion vessel (EV vessel) that it has developed to Maruha Nichiro AQUA Co., Ltd., a Maruha Nichiro Group company, and begun demonstration operations.
In addition to identifying issues related to the operation of EV vessels in aquaculture farms, SDE will install AI CAPTAIN®, an autonomous navigation system developed by Eight Knot Inc. (with whom SDE entered into a capital and business alliance last year) on the vessels in order to solve issues facing the marine business, such as safety and the shortage of crew members, that are expected to become even more serious in the future. SDE will continue its efforts to realize its vision of “decarbonization, manpower saving, and labor saving.”