Introduction

At a Glance
Our Performance(billion yen)

Earnings per share

Value Creation Story

Operating income /Operating income margin

Net sales(yen)Operating income (billion yen)
Operating income margin (%)

83.9

14.1

348.3770.8
62.8

Prio nl os

E xp

2023

(FY)

2019

2020

2021

2022

2023

(FY)

2019

2020

2021

2022

2023

(FY)

Our Business

FY2023
total sales

12 83.9%43%

As a leading company in the field of Human-Machine Interface (HMI),
the IDEC Group provides a wide range of products and solutions
that contribute to safety, ANSHIN, and well-being.

35.8 billion
yen

Governance

Safety &2022

95.19 92.83

billion
yen

19%

&tion
m a ingots
Au S e n2021

7.5

1.2 billionyen6%

16.3 billion
yen

2020

112.534.0

8.1

Foundation For Value
Creationn

4.8

billionyen

10.3 billion
yen

In

19%
dus tr

15.5 billion
yenia lData

IDEC Report 2023

t io

2019

HMI

Automation & Sensing productsthat contribute to the automation ofequipment in many corners of theindustry and in daily life.

ecottems
Sys

1%

16.8

13.7
4.7

Business Strategy

9.1

Other

264.12

9.7

54.05.7

Control panel solutions tailoredto customer needs, robot systemsolutions combining various IDEC
products and collaborative robots
that can work in the same workplacewith humans, and other solutions.

Safety-related products that protect
the safety of workers and explosion
protection products that prevent
accidents in workplaces whereflammable materials are present,such as petrochemical plants.

58.4

Re lats
ys & C o m p o n e nElectrical equipment productsthat are incorporated into control
panels and control units used tocontrol mechanical devices andproduction lines.

Various switches and operator
interfaces that serve industry andsociety by functioning where humanand machine interact.

At a Glance3Introduction

Basic Information

15

countries

Ratio ofoverseas sales

Foundation For ValueCreation

IDEC has established development, manufacturing,and sales centers around the world in order toprovide ideal components and solutions thatmatch market and industry needs.
In line with its medium-term management plan,
IDEC is pursuing global expansion by strengthening
its presence in the Chinese and Indian markets,
in which high growth is expected.

Business Strategy

Our Global Network

Value Creation Story

IDEC was founded in Osaka in 1945 as Izumi Shokai.
Soon after, the company began developing
high-quality switch boxes, an indispensable component inmachinery and equipment, and eventually became a generalmanufacturer of control devices for machines.
Through development of a diverse line-up of products that
contribute to automation and the efficiency and safety offactory equipment, IDEC continues to work toward creating
the optimum environment for both humans and machines.

Ratio ofoverseas employees

59%

69asAm%E M E A*E M E A*

Governance

990

3,186

Data

28%

24%

898billion
20.2 yenia P

Number ofemployees by region

FY2023

FY2023

As34%
1,088

31%

nbillion
34.5 yenn

13.5billion
yen

83.9billion
yen

Ja pa

16%

41%

7%
210

15.7billion
yen
Sales by region

aspa

19%

e r icJa

AmicerPAsia

acificacific* EMEA: Europe, Middle East and Africa

IDEC Report 2023

At a Glance4