![]() BTW Baoding Tianwei Baobian Electric (also known as BTW, Baoding Transformer Works) is a company that manufactures power transformers and power equipment. | ![]() Trench Group Trench Group is a company that designs and manufactures electrical voltage products for the utilities and industrial sectors. | ![]() Furukawa Electric Group Furukawa Electric Group (古河電気工業株式会社) is a company that manufactures and sells metal, polymer, photonics, and other products. | ![]() NGK Group NGK Group (formerly NGK Insulators, 日本ガイシ) is a company that manufactures and sells industrial ceramic products, electric power equipment, electronic components, and special metal products. | ||
Founding Date | Founding Date 1958 | Founding Date 1937 | Founding Date 1884 | Founding Date 1927 | Founding Date 1919 |
Type | Type Public | Type Private | Type Public | Type Public | Type Public |
Tags | |||||
Locations | Locations Baoding Shi, CN HQ | Locations Berlin, DE HQ Leonding, AT Pickering, CA Toronto, CA Shenyang, CN Saint Louis, FR Bamberg, DE see more | Locations Tokyo, JP HQ Berazategui, AR Campinas, BR Curitiba, BR Curitiba, BR Indaiatuba, BR Santa Rita Do Sapucaí, BR see more | Locations Tokyo, JP HQ Shanghai, CN Shanghai, CN Shenzhen, CN Shenzhen, CN Tianjin, CN Zhongshan, CN see more | Locations Nagoya, JP HQ Epping, AU Saint Ghislain, BE Montréal, CA Jiangsu, CN Shanghai, CN Suzhou, CN see more |
Employees | Employees 3,628 | Employees 2,80022% increase | Employees 51,167 | Employees 3,6462% decrease | Employees 20,000 |
Valuation ($) | Valuation ($) 3 b | Valuation ($) N/A | Valuation ($) 1.8 b | Valuation ($) 713.3 m | Valuation ($) 3.6 b |
Financial | |||||
Revenue (est.) | Revenue (est.) ¥5.6b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) ¥1.3t (FY, 2026) | Revenue (est.) ¥107.3b (FY, 2026) | Revenue (est.) ¥670.1b (FY, 2026) |
Cost of goods | Cost of goods ¥4.8b (FY, 2025) | Cost of goods N/A | Cost of goods ¥1t (FY, 2026) | Cost of goods ¥72b (FY, 2026) | Cost of goods ¥386.6b (FY, 2026) |
Gross profit | Gross profit ¥834.8m (FY, 2025) | Gross profit N/A | Gross profit ¥273b (FY, 2026) | Gross profit ¥35.6b (FY, 2026) | Gross profit ¥283.6b (FY, 2026) |
Net income | Net income ¥220.9m (FY, 2025) | Net income N/A | Net income ¥75.9b (FY, 2026) | Net income ¥8.7b (FY, 2026) | Net income ¥60.3b (FY, 2026) |

Trench Group is a company that designs and manufactures electrical voltage products for the utilities and industrial sectors.
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Furukawa Electric Group (古河電気工業株式会社) is a company that manufactures and sells metal, polymer, photonics, and other products.
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SANYO DENKI (山洋電気株式会社) is a provider of cooling, power, and servo system products.
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NGK Group (formerly NGK Insulators, 日本ガイシ) is a company that manufactures and sells industrial ceramic products, electric power equipment, electronic components, and special metal products.
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