IDEC

OverviewSuggest Edit

IDEC is a company that designs and manufactures electric control automation products for original equipment manufacturers. It is engaged in the industrial switches business, industrial relays and components business, automation and sensing business, and safety and explosion protection business. The company offers industrial and emergency-stop switches, industrial relays, terminal blocks, circuit protectors, switching power supplies, LED illumination units, programmable logic controllers, teaching pendants, operator interfaces, safety laser scanners, interlock switchers, explosion protection operator interfaces, explosion protection control boxes, etc. IDEC also provides collaborative safety robot systems, environmental energy-related solutions, as well as next-generation agricultural solutions. The company serves the automotive, food and packaging, machine tools, oil and gas, semiconductor, special vehicles, robotics, and other industries.

TypePublic
Founded1945
HQOsaka, JPMap
Websiteidec.com
Employee Ratings2.9More

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Latest Updates

Employees (est.) (Mar 2020)3,683
Revenue (FY, 2020)¥58.4 B(-7%)
Share Price (Jan 2021)¥1.8 K
Cybersecurity ratingCMore

Key People/Management at IDEC

Toshiyuki Funaki

Toshiyuki Funaki

Chairman and CEO
Arnaud Mondi

Arnaud Mondi

Senior Executive Officer, Marketing and Strategy
Toshihiro Fujita

Toshihiro Fujita

Senior Executive Officer, Chief Technology Officer
Mikio Funaki

Mikio Funaki

Senior Executive Vice President, COO
Keijiro Fujita

Keijiro Fujita

Director
Takuji Yamamoto

Takuji Yamamoto

Managing Director
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IDEC Office Locations

IDEC has offices in Osaka, Amagasaki, Ichinomiya, Sunnyvale and in 10 other locations
Osaka, JP (HQ)
6-64, Nishi-Miyahara 2-chome, Yodogawa-ku
Amagasaki, JP
8-10 , Shioe 5-chome
Ichinomiya, JP
2-8 Higashishima-cho
Osaka, JP
8F Keihanshin Yodoyabashi Bldg. 4-7, Imabashi, 4-chome, Chuou-ku
Oakleigh East, AU
17 / 104 Ferntree Gully Road
Mississauga, CA
5800 Ambler Drive, Suite 210
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IDEC Financials and Metrics

IDEC Revenue

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IDEC's revenue was reported to be ¥58.36 b in FY, 2020 which is a 7% decrease from the previous period.
JPY

Revenue (FY, 2020)

58.4b

Revenue growth (FY, 2019 - FY, 2020), %

(7%)

Gross profit (FY, 2020)

25.0b

Gross profit margin (FY, 2020), %

42.9%

Net income (FY, 2020)

3.0b

EBIT (FY, 2020)

4.7b

Market capitalization (15-Jan-2021)

54.9b

Closing stock price (15-Jan-2021)

1.8k

Cash (31-Mar-2020)

14.0b

EV

70.0b
IDEC's current market capitalization is ¥54.9 b.
Annual
JPYFY, 2018FY, 2019FY, 2020

Revenue

59.8b62.8b58.4b

Revenue growth, %

(31000000%)5%(7%)

Cost of goods sold

33.8b35.8b33.3b

Gross profit

26.0b27.0b25.0b
Half Year
JPYH1, 2019H1, 2020

Revenue

31.9b29.8b

Cost of goods sold

18.0b17.0b

Gross profit

13.9b12.8b

Gross profit Margin, %

44%43%
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Annual
JPYFY, 2018FY, 2019FY, 2020

Cash

12.3b12.9b14.0b

Accounts Receivable

12.1b10.4b9.6b

Inventories

12.9b13.1b12.0b

Current Assets

40.6b38.9b38.2b
Half Year
JPYH1, 2019H1, 2020

Cash

14.1b14.1b

Accounts Receivable

11.2b9.8b

Inventories

13.5b13.2b

Current Assets

41.5b39.8b
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Annual
JPYFY, 2018FY, 2019FY, 2020

Net Income

5.3k3.7b3.0b

Depreciation and Amortization

3.2k3.6b3.8b

Inventories

(1.2k)(374.0m)718.0m

Accounts Payable

(75.0)(1.9b)(451.0m)
Half Year
JPYH1, 2019H1, 2020

Net Income

2.4b1.8b

Depreciation and Amortization

1.7b1.9b

Inventories

(761.0m)(458.0m)

Accounts Payable

(426.0m)686.0m
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JPYFY, 2018

Revenue/Employee

15.4m

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x
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IDEC Operating Metrics

FY, 2018FY, 2019FY, 2020

Manufacturing Facilities

23 22 19

Manufacturing Facilities (Americas)

1 1 1

Manufacturing Facilities (EMEA)

9 8 7

Manufacturing Facilities (Asia Pacific)

1 1 1
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IDEC Acquisitions / Subsidiaries

Company NameDateDeal Size
APEM GroupApril 17, 2017
APEM AB
APEM Benelux
APEM BV
APEM Components Ltd.
APEM GmbH
APEM Inc.
APEM Italia Srl
APEM Ltd.
APEM SAS
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IDEC Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

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IDEC Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

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IDEC Online and Social Media Presence

IDEC's Trends

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IDEC News and Updates

January 12, 2021

IDEC adds MQTT IIoT support to MicroSmart FC6A Plus PLC CPU

IDEC Corporation released a free firmware upgrade enabling new and existing MicroSmart FC6A Plus PLC CPUs to support the industry-standard MQTT protocol. The upgrade can be downloaded to the FC6A CPU, so it is easy for users to connect all types of field data to on-site and cloud-based brokers, and …
November 03, 2020

IDEC introduces HG1P handheld HMI

IDEC Corp. has introduced the new 4.3-in. LCD screen size HG1P handheld human-machine interface (HMI). This lightweight and robust HMI is the right-sized way to enhance operator interactions for automated machine tending and robotics applications, and it is the most cost-effective device of its type…
August 28, 2020

IDEC enhances MicroSmart FC6A Plus CPU

IDEC Corporation announces an update to add EtherNet/IP communications to the MicroSmart FC6A Plus PLC. This update provides more options for end-users, designers, and OEMs to integrate the FC6A Plus with many types of I/O systems and intelligent automation devices. Expanded Connectivity Options The…
July 10, 2019

IDEC upgrades HMI touchscreen models

IDEC Corporation has announced the release of its newly upgraded HG2G-V5 5.7-in., HG3G-V8 8.4-in., HG3G-VA 10.4-in. and HG4G-VC 12.1-in. human-machine interface (HMI) touchscreen models. These new HMIs are a great fit for both new and retrofit applications. For retrofit applications, these High-Perf…
July 09, 2019

IDEC upgrades high-performance series HMI family

DEC Corporation announces the release of its newly upgraded HG2G-V5 5.7”, HG3G-V8 8.4”, HG3G-VA 10.4” and HG4G-VC 12.1” human-machine interface (HMI) touchscreen models. These new HMIs offer industry leading performance, making them a great fit for both new and retrofit applications. For retrofit ap…
June 13, 2019

IDEC Introduces Safety Interlock Switch

IDEC Corporation announces the release of its new HS1T interlock switch with solenoid. This interlock switch delivers an industry-leading 5,000N of locking force, with many features included to maximize protection in machine and equipment guarding applications. Compact and Adaptable Interlock switch…
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 IDEC Frequently Asked Questions

  • When was IDEC founded?

    IDEC was founded in 1945.

  • Who are IDEC key executives?

    IDEC's key executives are Toshiyuki Funaki, Arnaud Mondi and Toshihiro Fujita.

  • How many employees does IDEC have?

    IDEC has 3,683 employees.

  • What is IDEC revenue?

    Latest IDEC annual revenue is ¥58.4 b.

  • What is IDEC revenue per employee?

    Latest IDEC revenue per employee is ¥15.8 m.

  • Who are IDEC competitors?

    Competitors of IDEC include Shenyang Blue Silver, Tavrida Electric and Yokogawa.

  • Where is IDEC headquarters?

    IDEC headquarters is located at 6-64, Nishi-Miyahara 2-chome, Yodogawa-ku, Osaka.

  • Where are IDEC offices?

    IDEC has offices in Osaka, Amagasaki, Ichinomiya, Sunnyvale and in 10 other locations.

  • How many offices does IDEC have?

    IDEC has 15 offices.