Meidensha

Shinagawa, Japanwww.meidensha.com/
Invested through
  • Triodos Pioneer Impact Fund
Asset ClassesListed equity
Impact strategyImpact Equities and Bonds
Bloomberg ticker6508 JP
ISIN codeJP3919800007
Industry groupCapital Goods
Aligned with SDGs

The Japanese company Meidensha is involved in a wide variety of products and services for electricity networks and systems, and for water infrastructure. Its main area of business is the manufacturing, construction and maintenance of high-voltage electric power transmission and distribution networks.

The company is also a specialist in electric power feeding, overhead catenary, and control systems for railway and metro networks. In water infrastructure the company offers filtering, purification, monitoring and control equipment for drinking water, wastewater and sewage treatment facilities. The company provides utilities, transportation, construction and metal industries with heavy and light machinery such as power generators and water treatment systems. It also supply electric motors for the automotive industry. The company operates mainly in Japan, South East Asia and Europe. Founded in 1897 as a factory and repair workshop of electric machinery, Meidensha has around 9,600 employees.

Investment rationale

Most of Meidensha's products contribute to the electrification of infrastructure, which is a cornerstone of a low carbon society, such as high-voltage national distribution networks, power and distribution systems for solar and hydro power, railway systems and motors for electric vehicles. The company's systems for fresh drinking water and cleaning of wastewater also contributes positively to a more sustainable infrastructure.

Long-term contracts for maintenance and monitoring of infrastructure systems provides a stable earnings base. This enables the company to invest in new growth businesses, such as motors and inverters for electric vehicles, and expand the infrastructure business into South East Asia, India, and Africa, where there is strong demand for high quality, safe and reliable infrastructure systems. Positive impact is created by almost every product that the company manufactures or services.