LECIP HOLDINGS CORPORATION

LECIP HOLDINGS CORPORATION is the holding company of the LECIP Group, based in Motosu, Gifu, Japan. The group states that it operates around two pillars — the transport-equipment business and the industrial-equipment (energy-management-system) business — and that it has produced many top-share products in niche fields. Its name LECIP derives from the initials of its three core business domains: Lighting, Electric power Conversion, and Information Processing. The company was established in March 1953 and, on October 1, 2010, changed its name to LECIP HOLDINGS CORPORATION as it moved to a pure holding-company structure via a company split. Its shares are listed on the Tokyo Stock Exchange Standard Market and the Nagoya Stock Exchange Premier Market under securities code 7213.

The group's origins trace to January 1948, when Sanyo Electric Manufacturing Works was founded and began producing small transformers. In October 1950 it succeeded in prototyping a neon transformer and began sales, and in October 1951 it developed a bus fluorescent lamp and entered the bus market. In March 1953 Sanyo Electric Manufacturing Works Co., Ltd. was established. The company subsequently entered the automobile market (September 1960, automotive fluorescent lamps), the railway market (May 1961, railway car fluorescent lamps) and the industrial equipment market (April 1965, industrial inverter power supplies). In December 1968 a transformer factory was built in Itonuki, Motosu District, Gifu (now Motosu City). In September 1970 it developed a bus fare box, and in March 1974 it succeeded, for the first time in the industry, in developing a digital fare display using semiconductors. In June 1983 it won an exclusive order for bus-mounted ticket issuing machines for Singapore. In January 1985 it developed a microcomputer-type charger for battery forklifts. In March 1986 it received the Deming Prize. In January 1988 it received a regional award from the Small and Medium Enterprise Research Center (now the Good Company Award). In March 1989 Sanyo Electronics Co., Ltd. (now LECIP Electronics Co., Ltd.) was established. In July 1990 it began production of fluorescent lamps for the Shinkansen (Tsubasa type), and in April 1992 for the Shinkansen (Nozomi type). In July 1993 it began selling electronic neon transformers (α Neon). In April 1994 it began delivering a bus card system for Malaysia, and in November 1995 it announced a contactless IC card system. It obtained ISO 9001 in July 1996 and ISO 14001 in July 2000. In January 2002 it changed its name to LECIP Corporation and its brand name to LECIP. In July 2004 it relocated its head office to Motosu City, Gifu. In December 2005 it listed its shares on the JASDAQ Securities Exchange, and in January 2006 it increased its capital to 735.64 million yen. In March 2007 it delivered a bus common unit for the Tokyo metropolitan area IC ticket interoperability service, and in December 2007 it listed on the Second Section of the Tokyo Stock Exchange. On October 1, 2010, as the former LECIP Corporation moved to a pure holding-company structure via a company split, it changed its trade name to LECIP HOLDINGS CORPORATION.

Specialization in niche market fields with flexible response, producing many top-share products; providing products and services for comfortable daily life through energy saving, environmental response and security enhancement.

• AFC fare collection systems

  Fare collection systems centered on fare boxes; the group states it is pursuing diverse payment methods and stress-free payment/ticketing toward MaaS.

• TMS transit management systems

  Products and services that utilize bus-related data to improve convenience for both users and operators.

• Vehicle lighting

  Lighting equipment for buses, railways and automobiles; the group states it was the first in Japan to develop fluorescent lamps for trucks and passenger cars.

• Power solutions

  Chargers for industrial vehicles such as forklifts and AGVs, and uninterruptible power supplies (UPS).

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