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Trades about 57% below its sector, cheaper than its peers on earnings.
Morio Denki Co., Ltd. specializes in the design, manufacturing, and global distribution of electronic and electrical components, primarily serving the transportation sector both in Japan and internationally. Their extensive product line includes various information indicators, such as displays for destinations and in-cabin passenger information. For vehicle cockpits, they provide essential equipment like master controllers, buzzer units, conductor's switch units, and change-over switches. The company also manufactures a range of control devices, encompassing under-floor switchboard boxes, general switchboards, multiple unit control boards, and heating elements. Additionally, Morio Denki develops sophisticated information display systems, which feature innovative signboard vehicles with lifting displays, road information display systems, vehicle-mounted information displays, lift-up car-borne displays, and portable LED panels designed for automotive use. Beyond land transport, they supply electrical equipment for ships, including deck lights, explosion-proof lights and switches, white/red fluorescent lamps, emergency braking mechanisms, operational status recorders, and standard fluorescent lights. Complementing its core manufacturing business, the company also engages in real estate activities. Morio Denki Co., Ltd. was founded in 1911 and is headquartered in Tokyo, Japan.
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