Sansha Electric Manufacturing : Batch download (All pages, single page)（6,043KB）

SanRex REPORT

2022

Introduction

01 Who We are

1. Long-termperformance

1. SanRex products

1. Four unique features

Special Feature

Management material issues

P.23

#1 Contribution to a carbon-free society and environmental conservation #2 Constructing infrastructure and contributing to industrial development #3 Providing safety, security and new value to improve services

#4 Strengthening of manufacturing

#5 Reduction of the environmental impact of production activities #6 Promotion of diversity and personnel in action

09

Message from the President

13

Message from the Director in charge of financial affairs

15 Value creation process

17 Progress of the medium-term management plan

41 Corporate governance

49 Financial data

1. Stock and shareholder data
2. Non-financialdata & Outline

Who We are

Brighter a Bringing

Power Through Future

Electronics

The Sansha Electric Manufacturing Group leads today's power electronics industry as a developer of power semiconductors for power supply control and conversion and as a specialist in a broad array of industrial power supplies for various industries, from high to low electric power.

In a society that is being urged to massively increase energy efficiency and shift to low-carbon energy to reduce greenhouse gas emissions, the Group provides quality technologies as one as a unique partner helping resolve social issues.

01	SanRex REPORT 2022

The Sansha Electric Manufacturing Group's Philosophy,

Mission and Vision

Corporate Philosophy

Valuable Products for Society Profits and Prosperity for the Company Happiness and Stability for Employees

Mission

Corporate Statement

Leading the New Power Electronics

	What we
Vision	aspire to be

Global Power Solution Partner

Our Performance

Net sales

(in million yen)

23,717 24,369	21,875		22,675
		19,436
2017	2018	2019	2020	2021	(FY)

Operating profit & ratio of operating profit to net sales

Operating profit (in	million yen)		Profit ratio (%)
6.2%	7.5%
			5.8%
	1,833		2.1%
1,474	1.2%	1,316
		256	416
2017	2018	2019	2020	2021	(FY)

Return on equity (ROE)	Capital investment
(%)	(in million yen)

5.7%	6.8%			5.9%		734	720	641
			2.6%							513
									359
	-3.5%
2017	2018	2019	2020	2021	(FY)	2017	2018	2019	2020	2021	(FY)
Basic Information (as of the end of March 2022)

Established

in 1933

Developing a power supply for a movie projector that stabilizes the image on the movie theater screen

		China 19.4%
Japan	Share of sales	Asia (excl. China)
10.6%
64.5%	by region
		North America
		3.7%

Other 1.8%

Women	Staff	Men	Power
semiconductor
472	composition	933	business
			34.4%
employees in the Sansha	1,405
Electric Manufacturing Group

Share of sales	Power supply
business
by segment
65.6%

SanRex REPORT 2022

02

Long-term performance

	Introduction		The Sansha Electric MFG
	01
		history of growth

Since its founding in 1933, the Sansha Electric Manufacturing Group has been contributing to the development of society through the creation of products that society needs.

Nearly four decades have passed since we launched our first overseas bases in the United
States and in Hong Kong in 1983.
The Group will continue to operate its business globally.	1992
SANREX EUROPE GMBH established	Germany
(relocated to Slovenia in 2009)

Kunio Shikata,

Honorary Chairman

Representative Director, President and Chairman of the Board from 1986 to 2021

1933 1948 1950

			Trends in consolidated net sales and
			in the ratio of overseas net sales
No matter the changes of the era, the		Consolidated net sales (right scale)
	Ratio of overseas net sales (left scale)
most significant social responsibility that
				1983
the Sansha Electric Manufacturing Group
has as a manufacturer is to conduct			SANREX LIMITED established	Hong Kong
manufacturing that is valuable to society.		SANREX CORPORATION established	USA
Based on the idea that continued
corporate growth is achieved by ensuring,
through manufacturing, customer
satisfaction and profit	generation, the
Group will aim to develop and to build
positive relationships with all stakeholders.
1955	1960	1965	1970	1975	1980	1985

Establishing the technological foundation that continues	Increasing bases and specialization in the
from the foundation of the Group to the present	development of power semiconductors
1933-1970	1971-1990

History Business

1933 Sansha Denki Seisakusho founded

1948 Sansha Denki Seisakusho Co., Ltd. established

1953 Tokyo District Office (currently Tokyo Branch) established

1960 Headquarters Plant completed in Osaka

1970 Fukuoka Representative Office (currently Kyushu Sales Office) established

Yukio Shikata,

founding president

1982 Shiga Plant completed in Shiga Prefecture for the production of power supplies

1985 Okayama Plant completed in Okayama Prefecture for the production of power semiconductors

Masao Shikata,

second president

			Representative Director and
			President from the Group's foundation to 1972
	1933		Develops a choke coil auto transformer,
			a predecessor to projector power supplies
	1937		Develops a tungar rectifier for
Product			light projectors
		Tungar rectifiers for
Development			light projectors
1963		supply and an electric power regulator for
		Develops and announces our first power
			semiconductor and thyristor
	1964		Develops an inverter uninterruptible power
			electric furnaces
	1968		Develops a diffusion type of triac and
			thyristor
	1970		Develops a rectifier for plating

Representative Director and

President from 1972 to 1986

1971 Develops an insulated triac that is the first in Japan

1980 Develops a thyristor module and a power transistor for high speed switching

1982 Develops a power transistor module

1988 Develops a power MOSFET module

Insulated triac

Thyristor modules

03	SanRex REPORT 2022

1990	2000	2010	2021
Ratio of	Ratio of	Ratio of	Ratio of
overseas sales	overseas sales	overseas sales	overseas sales

(%)	9.4%		18%	32.8%				35.5%	(100 million yen)
50						400
	SANREX ASIA PACIFIC PTE.	1999		2009		2016 China	DONGGUAN EASTERN
	Singapore			ELECTRONICS CO., LTD. established
	LTD. established	2001
		Slovenia		2017			Helsinki Branch established
						Finland
	SANSHA				Representative office in
	1994		China				Seoul Branch established
ELECTRIC MFG.		SANSHA	Slovenia opened		South Korea
	(GUANGDONG)	China		(relocated to Helsinki in FY2017)			Taiwan	Taipei Branch established
	CO., LTD.		ELECTRIC MFG.
	established			(SHANGHAI) CO.,
				LTD. established
25												200
				2007					2022
				Brisk capital				Russia's invasion of Ukraine
				investment and
				record-high net sales
			1999		2008		2020
				U.S.-China trade dispute &
			Internet		Financial crisis
					COVID-19
			bubble
											0
	1990	1995	2000	2005	2010	2015			2021	2023		(FY)

Developing a system for increased globalization

1991-2010

1994 Shiga Plant obtains ISO 9001 certification

1996 Okayama Plant obtains ISO 9001 certification

1997 Achieves listing on the second section of the Osaka Stock Exchange

2001 Power Supply System Manufacturing Division obtains ISO 14001 certification

2002 Semiconductor Manufacturing Division obtains ISO

14001 certification

Towards a new age

2011-2022

2014 New building completed at the Shiga Plant

2016 SANSHA SOLUTION SERVICE CO., LTD. established in Osaka

2016 SANSHA ELECTRIC EASTERN CO., LTD. (currently SUWA SANSHA ELECTRIC CO., LTD.) established in Nagano Prefecture to commence small power supply business

2021 OSAKA DENSO INDUSTRY CO., LTD. becomes a wholly owned subsidiary

2022 Listing moves to the Standard Market of the Tokyo Stock Exchange

1991 Develops a planner type transistor module

1993 Develops a solar power conditioner

2002 Develops a power supply for light source for projector of digital cinema

2007 Develops an IGBT chip for inverter for industrial use

2014 Develops a photovoltaic power generation evaluation system for the National Institute of Advanced Industrial Science and Technology's Fukushima Renewable Energy Institute

2015 Jointly develops a compact SiC power module with Panasonic Corporation

2016 Participates in the virtual power plant (VPP) construction demonstration project

2017 Develops a fuel cell power conditioner

2019 Develops a 1500 V string compatible diode module for photovoltaic power generation

2020 Develops a power supply for storage battery tests

2022 Releases a 1200 V SiC MOSFET discrete semiconductor

Solar power conditioner	Lamp power supply for digital
	cinema projector

SiC power module	1200 V voltage-resistant SiC	Power supply for
	MOSFET discrete semiconductor	storage battery tests

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