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alps electric co ltd (6770) Details

Alps Electric Co., Ltd. engages in the development, manufacture, and marketing of electronic components and automotive infotainment equipment in Japan, China, the United States, Germany, and internationally. The company operates through three segments: Electronic Components, Automotive Infotainment, and Logistics. Its products include sensors, switches, encoders, potentiometers, communication modules, connectors, power inductors, tuners, aspherical glass lens, magnetic sheets, and multi control devices, as well as audio, information, and communication equipment. The company primarily serves the automotive, home, mobile, PC, industry, healthcare, and energy markets. It also provides logistics services comprising transportation, storage, and forwarding services. The company was formerly known as Kataoka Electric Co., Ltd. and changed its name to Alps Electric Co., Ltd. in December 1964. Alps Electric Co., Ltd. was founded in 1948 and is headquartered in Tokyo, Japan.

Founded in 1948

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alps electric co ltd (6770) Key Developments

Alps Electric Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 2014; Provides Earnings Guidance for the First Half, Second Half and Full Year of Fiscal 2014

Alps Electric Co. Ltd. reported consolidated earnings results for the first quarter ended June 2014. For the quarter, the company reported net sales of ¥167.3 billion against ¥155.7 billion a year ago. Operating income was ¥6.1 billion against ¥3.1 billion a year ago. Net income was ¥1.8 billion against net loss of ¥0.2 billion a year ago. Ordinary income was ¥5.8 billion against ¥2.9 billion a year ago. Capital expenditures were ¥8.7 billion. For the first half of fiscal 2014, the company expects net sales to be ¥335.5 billion, operating income to be ¥13.5 billion, ordinary income to be ¥13 billion and net income to be ¥7 billion. Capital expenditures to be ¥18.3 billion. For the second half of fiscal 2014, the company expects net sales to be ¥349.5 billion, operating income to be ¥17.5 billion, ordinary income to be ¥16 billion and net income to be ¥10 billion. For the fiscal 2014, the company expects net sales to be ¥685 billion, operating income to be ¥31 billion, ordinary income to be ¥29 billion and net income to be ¥17 billion. Capital expenditures to be ¥27.2 billion.

Alps Electric Develops 'SCGH1B Series' microSIM Card Connector

Alps Electric has developed the 'SCGH1B Series' microSIM Card Connector (PCB Cut-off Type), ideal for products including tablets and smartphones. Mass production is already underway. Mobile devices like tablets and smartphones bring comfort and convenience to lives and are constantly being made smaller and thinner to improve portability. Efforts to reduce the size of SIM cards used inside them are progressing, too. Connectors forming the link between SIM cards and mobile devices also require downsizing to help enhance portability through thinner devices and to make room for a larger number of components needed to increase functionality. Alps Electric has responded to these market needs by developing and commencing mass production of the SCGH1B Series microSIM Card Connector (PCB Cut-off Type). The SCGH1B Series is the industrys thinnest with a product height when installed of 0.75mm above the PCB, realized through a continuation of thickness reductions achieved with earlier models and use of a PCB cut-off format, whereby the connector is mounted into a cut-out in the board. The products structure was optimized through application of original simulation technology acquired by Alps Electric to date. Enclosing the top and bottom of the connector within a metal frame realizes both the thinnest installed height for a PCB cut-off type and a structure resilient to scooping. Precision processing and thin film insert molding technologies were used to ensure high quality in mass production. For sensing card insertion, the connector contains a detector switch with a sliding contact structure resilient to foreign matter, achieving high reliability.

Alps Electric and Chip One Stop Reach an Agreement to Open an Alps Electric Online Store

Alps Electric Co. Ltd. and Chip One Stop Inc. have reached an agreement to open an Alps Electric online store on Chip One Stop’s electronic components and semiconductors online shopping site as a way to address the needs of diverse customers, including corporate design and development engineers, universities, research institutions and public development institutions. ALPS e-shop offers around 1,300 products of Alps Electric, including TACT Switch™ products, a variety of other switches, encoders, Liqualloy™ Power Inductors with efficiency to assist the operation of devices over long periods, and magnetic sensors enabling new sensing solutions for a wide range of control and detection requirements. Some 800 of these items are available for easy purchase in low quantities with same-day shipping. ALPS e-shop allows Alps Electric to deliver its products speedily to more than 160,000 Chip One Stop members, thereby serving the needs of customers who want quick access to small quantities of the company’s products for application to development, prototypes, production and other scenarios. With the addition of Alps Electric’s products and expansion of its service, Chip One Stop aims to both increase the quantity and frequency of orders by existing members of its online shopping site and attract new users.

 

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