Since the Showa era, Showa Electric Wire & Cable Holdings has been a comprehensive manufacturer supporting the electric power and communication infrastructure. In 2023, we rebranded ourselves as SWCC Corporation. Under the banner of "Change & Growth," we are committed to structural reforms and growth strategies to evolve into a company that generates even greater value.
Since 2019, under the ROIC management, we have been advancing business portfolio reforms and striving to enhance our earning power.
This business restructuring involves the corporate division responsible for overseeing SWCC Group's overall management strategy and the business segment divisions focused on profit generation. Together, they share a common vision for the future, collaborate as a cohesive unit, and execute with a sense of urgency.
We will continue to further embed and evolve ROIC management, enhancing our earning power through sustained business portfolio reforms.
Our group continues to actively invest in expanding three foundational businesses aimed at addressing societal challenges such as aging infrastructure, environmental pollution, and demographic shifts. These businesses include the Energy Infrastructure segment, which ensures safe and reliable electricity connections; the Electrical Components segment, which contributes to the proliferation of environmentally friendly EV vehicles; and the Communication & Industrial Devices segment, which enables comfortable mobility through autonomous driving. Through organic growth, we are committed to fostering socially impactful businesses that solve these pressing issues.
Furthermore, we will leverage our unique core technologies developed in the wire industry to pursue growth investments, including M&A, in new business domains beyond traditional infrastructure and wires. This strategic approach aims to challenge and achieve inorganic growth through new ventures.
Innovating new ideas today. Becoming the norms of tomorrow.
Please look forward to SWCC Corporation continuing to boldly challenge the ever-changing times.
