Strengths
1 A diverse line-up of control

Product development based on safety DNA

Industrial switch

No.150 %3 Promotion of international
standardization

70 %

90 %
Industrial Standardization Project AwardCeremony
Left: Makoto Nagamine, Parliamentary Vice
Minister of Economy, Trade and Industry
Right: Toshihiro Fujita, Senior Executive
Officer, IDEC CORPORATION

expansion through M&Aand partnerships

To expand our business globally, we are actively pursuing mergers and acquisitions (M&A) opportunities and partnershipagreements with companies both in Japan and abroad that can be expected to provide synergy with our business activities.
The addition of France’s APEM to the IDEC Group in 2017 has been a major factor in increased business growth in recent years.

APEM (France) joined the IDEC Group.

Automaticidentification devices

Welcat Inc. joined theIDEC Group.

Push-in technology

AGV & AMR

A strategic partnership agreement wasconcluded with Weidmüller (Germany).

A strategic partnership agreement wasconcluded with ez-Wheel (France).

IDEC Report 2023

The Electric Wheel

2021
2019

Data2018
2017

Governance

4 Global business

Since the 1990s, IDEC has actively participated in the developmentof international standards.
The 3-position enabling device, for which IDEC led the creationof the international standard, has been adopted by major robot
manufacturers worldwide and holds more than 90% of the market share.
In October 2022, Dr. Toshihiro Fujita, Senior Executive Officer,
received the Prime Minister’s Award of Industrial Standardization
Project Award in recognition of his achievements in international
standardization activities for over 20 years.

Foundation For ValueCreation

FY2023 achievements(according to in-house research)

HMI

Active participation in the creation ofP.37
international standards3 position
enabling device
No.1 both
domesticallyand globally

SB metallic switch box

Business Strategy

IDEC offers more than 100,000 types of HMI productsin Japanfor a variety of industries and customer needs.
As these products protect human life, theyneed to be compatible with standards in various
countries and meet high-level quality and safetyrequirements. Our expertise, accumulated
Emergency-stop switch
over many years, and our reputation for
No.1
reliability have enabled our products toin Japan
achieve a high market share.

IDEC incorporated an interlock mechanism in the switch
boxes developed in 1950, soon after the company wasfounded, in order to ensure operator safety. The resulting
products became enduring best-sellers. This commitment
to safety has become part of our DNA and has served as
the basis for product development since our founding,enabling us to provide high-quality products.

Value Creation Story

device productsHigh market sharein the HMI andsafety sector

Introduction

2 Safety DNA

2022

Safety-related products

Sensing technology

System development

Tokyo Sensor Co., Ltd. joined
the IDEC Group.

IDEC ALPS Technologies
Co., Ltd. was established as a jointventure company with ALPS ALPINE
CO., LTD.

IDEC FACTORY SOLUTIONS CORPORATION acquired
factory automation business from Squse Co., Ltd.
Strengths

6

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

Special vehicles

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

Value Creation Story

Office buildings

Operator interface

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

Introduction

5 IDEC products and services that contribute to society

Miniature switch
Locker switch

JoystickBusiness Strategy

Control box

Switching power supply

Public transport
Edge switch

Petrochemical andchemical plants

Industrial switch

These products can be usedeven in hazardous areas whereflammable substances areproduced, preventing serious
industrial accidents.

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

Explosion protection
vibration sensor

AMR(Autonomous Mobile Robots)

Sensing equipment
Safety commander

Pilot light

Devices that enable automated transportand sorting of cargo at worksites that needto handle an increased logistics volume,
thereby helping to promote the automationof operations.

Data

Logistics warehouse

Interlock switch

IDEC Report 2023

Governance

Various machine devices in factory
facilities and manufacturing lines

Foundation For ValueCreation

Emergency-stop switchLED illumination unit

Used to stop trainsin the event of anemergency and prevent
people from becoming trappedby the railway platform safety barriers,
thereby helping to ensure passenger
safety and support the daily operations ofpublic transport systems.

Explosion
protection LED
illumination unit

Explosion protection
operator interface

Strengths7