News
New Medium-to-Long-Term Business Plan “2030 VISION” Formulated —Aiming to expand its business field in line with the direction, “Second Founding”—
Nissin Electric Co., Ltd. has formulated the Nissin Electric Group Medium-to-Long-Term Business Plan “2030 VISION” for the five years from FY 2026 to FY 2030.
The Nissin Electric Group aims to become a good and strong company toward 2050, guided by the group’s universal values based on the Nissin Electric Group Corporate Philosophy established through more than 100 years of history and incorporating The Sumitomo Spirit and the Sumitomo Electric Group Corporate Principles, as well as the concept of sustainability management.
In the new Medium-to-Long-Term Business Plan “2030 VISION” launched in April 2026, the company has set a goal of achieving consolidated net sales on the scale of 200 billion yen for the first time for the Nissin Electric Group, and the company will promote growth strategies in its three business segments and strengthen its foundation through strategic investments. Driven by these factors, and by leveraging the resources of the Sumitomo Electric Group to create synergies, the Nissin Electric Group aims at the “Green and Digital Transformation Toward a Total Energy Solutions Company” in line with the direction expressed as “Second Founding.”
In recent years, there has been a growing demand for the creation of a sustainable “green and digital” society that utilizes digital technology and prioritizes environmental conservation, decarbonization, and resource recycling. The Nissin Electric Group aims to expand its business field into areas that merge with digital technology, AI, and mobility and into next-generation energy utilization fields (direct-current power supply and distribution, heat, and hydrogen), in addition to existing fields. As a company that provides total energy solutions supporting a green and digital society, the Nissin Electric Group will strive for mutual prosperity with all stakeholders and be committed to sustainable growth and the enhancement of corporate value in the medium to long term.
[Growth Strategies: 3-Segment Strategy for Driving Growth]
- Power Supply and Environment System Business: Further expansion of Energy Solution Business (SPSS*1).
- Beam and Plasma Business: Expansion of the product portfolio and extension of product application areas.
- Equipment and Parts Solution Business: Enhanced global contract manufacturing for meeting QCD*2 requirements.
[Strengthening the foundation: Strategic Investments for Sustainable Growth]
- Manufacturing: Enhancing factories and strengthening supply chain resilience.
- Human Capital: Strengthening investment in people.
- Technology: Strengthening development through the “3+ONE” approach (Manufacturing, Sales, R&D + Customers).
More about the Medium-to-Long-Term Business Plan 2030 VISION
Reference
[Terminology]
*1 Smart Power Supply Systems (SPSS)
SPSS refers to solutions that combine diverse distributed energy resources to achieve energy conservation and a stable power supply by leveraging substation equipment—Nissin Electric’s core products—and grid connection technology, which the company has refined over many years.
*2 QCD
QCD stands for Quality, Cost, and Delivery.
