Introduction

Strengths
IDEC offers more than 100,000 types of HMI products for a variety of industries and customer needs.
As these products protect human life, they need to be compatible with international standard and standards invarious countries and meet high-level quality and safety requirements. Our expertise, accumulated over many years,
and our reputation for reliability have enabled our products to achieve a high market share.

50%

Emergency-stop switch
No.1 inJapan

70%

No.1 inJapan

Three-position enabling switch

90%

No.1 both
domesticallyand globally

P.28

Left: Makoto Nagamine,
Parliamentary Vice Minister ofEconomy,
Trade and Industry (at that time)
Right: Toshihiro Fujita,
Chief Safety,
Hearth and Well-being Officer,
IDEC CORPORATION

Industrial Standardization ProjectAward Ceremony

7.1

Approx.
million units

FY2024 (according to in-house research)

Results up to FY2024

P.9

16 IDEC Report 2024

To expand our business globally, we are actively
pursuing mergers and acquisitions (M& A)
opportunities and partnership agreements withcompanies both in Japan and abroad that can be
expected to provide synergy with our businessactivities. The addition of a French industrial
switch manufacturer APEM to the IDEC Group
in 2017 has been a major factor in increased
business growth in recent years.

P.4

Data andCompany Overview

Switches always default to the off position (a safe condition)even when the button part is damaged

04

Global business expansion
through M&A and partnerships

Foundation for
Value Creation

IDEC incorporated a dual interlock mechanism in switch boxes developed in 1950, soonafter the company was founded. This mechanism was designed to make it so that power
can only be switched on when lids and covers are closed, ensuring that lids and covers
cannot be opened when power is on, and protecting operators against the risk of electric
SB metallic switch box(Safety box)
shock. The resulting switch boxes have become enduring best-sellers.
This commitment to safety is now part of our DNA and has served
UnlockedLocked
as the basis for product development since the founding, enabling us
to provide high-quality products.
Emergency-stop switches are used to shut off machinery in an
emergency, ensuring the safety of operators. As a major market player,
IDEC offers a line-up of products that not only comply with internationalsafety standards but are also equipped with IDEC’s original “reverseenergy structure” ensuring the highest level of safety.
IDEC’s emergency-stop switches use a unique structure so that they
always default to the off position (a safe condition) even when damaged,
Reverse energy structure
preventing serious industrial accidents and keeping people safe.

Business Strategy

02

Product development
based on “safety DNA”

Initiatives for
Realization of Vision

Cumulative number ofthree-position
enabling switch
units shipped

IDEC not only manufactures products that are compliant
with international standards but has also played an active
part in shaping the rules, including actively participating intechnical committees of the International ElectrotechnicalCommission (IEC) and the International Organization forStandardization (ISO) since the 1990s, and proposing andpromoting the development of international safety standards
for the development of new technology as part of the globalcommunity. The three-position enabling switch, for which
IDEC led the creation of the international standard, has been
adopted by major robot manufacturers worldwide and holds
more than 90% of the global market share. With growing
robot demand, the number of units shipped has substantially
increased in recent years.
In 2022, Dr. Toshihiro Fujita, Chief Safety, Health andWell-being Officer, received the Prime Minister’s Award ofIndustrial Standardization Project Award in recognition of hisachievements in international standardization activities forover 20 years.

Value Creation Story

Industrial switch

03

Promotion of international
standardization

Message01

A diverse line-up of control device products

Introduction

Strengths

05

Office buildings

Control boxSpecial vehicles

Installed in the operating sections of vehicles such as construction machinery andagricultural machinery, thereby supporting operator safety and ANSHIN.

Used to control building management,
monitoring systems, elevators, and so on,contributing to the convenience and increased
safety of office buildings.

The IDEC Group’s technology and products are contributing
to resolve various societal issues in factories and othermanufacturing sites as well as in daily life scenes, thereby helping
to secure the future of manufacturing and living.

Message

Products andservices that
contribute to society

Miniature switch
Locker switch

Timer

Used to provide a main system solution
for detecting and managing vehicles
entering and leaving a parking lot.

Switching power supply

Multi-use mmWave
radar sensor

Public transport
Edge switch

Emergency-stopswitch

Smart RFID reader

Installed on machine tools, semiconductor
manufacturing equipment, and various
other devices and used as operationand control units on manufacturing lines,
thereby helping to improve productivity,efficiency, and safety.

Business Strategy

Controller withoperator interface

Various machine devices in factory
facilities and manufacturing lines
Industrial switch

Safety commanderInterlock switch

AMR(Autonomous Mobile Robots)

Sensing equipmentExplosion protection
wireless vibration sensor

Explosion protection
operator interface

Data andCompany Overview

17 IDEC Report 2024

Used to enable automated transportand sorting of cargo at worksitesthat need to handle an increased
logistics volume, thereby helping
to promote the automation ofoperations.

Used even in hazardous areas
where flammable substances
are produced, preventing serious
industrial accidents.

Foundation for
Value Creation

Petrochemical andchemical plants
Logistics warehouse

Initiatives for
Realization of Vision

LED illumination unit

Used to stop trains in the eventof an emergency and preventpeople from becoming trappedby the railway platform safetybarriers, thereby helping toensure passenger safety andsupport the daily operationsof public transport systems.

Value Creation Story

Operator interface

Parking lot

Joystick