Meisei Electric

Meisei Electric Co., Ltd.
Native name
明星電気株式会社
Meisei Denki Kabushiki Kaisha
TYO: 6709
IndustryElectronics
Founded20 February 1938
Headquarters
Isesaki
,
Japan
Key people
Kiyoshi Ishii (CEO)
Mitsuhiko Terashima (Managing board director)
RevenueDecreaseUS$59.9 million (2015)
IncreaseUS$2.1 million (2015)
IncreaseUS$1.7 million (2015)
Total assetsIncreaseUS$85.8 million (2015)
Number of employees
351 (2015)
SubsidiariesMeisei Management Service Co., Ltd.
Websitewww.meisei.co.jp
Footnotes / references
[1][2][3][4]

Meisei Electric Co., Ltd. (明星電気株式会社, Meisei Denki Kabushiki Kaisha) is a Japanese limited company which manufactures electronics and communications equipment. Founded as a radio and electrical firm in 1938, it now specialises in geological and meteorological sensors, though it has also been involved in developing avionics and spaceflight technology. It is headquartered in the city of Isesaki in Gunma Prefecture, and operates a maintenance and personnel management subsidiary in the same area. In 2012, Meisei Electric was listed among "Asia's 200 Best Companies Under a Billion" by Forbes.[1]

Products and operations

Meisei designs and manufactures a wide range of electronics, including meteorological observation systems, road visibility meters, earthquake warning networks, landslide prediction sensors, satellite-mounted monitoring cameras and aviation control systems.[1] It also operates a maintenance and personnel management subsidiary, Meisei Management Service Co.[1] As of 2015, the company employs over 350 people.[2]

In 2012, Meisei Electric reported a net income of US$18 million, on revenue of $110 million.[1] However, in 2014 the company reported a net loss of over $900,000 amid a significant fall in revenue.[3] Meisei Electric returned to overall profitability in 2015, despite a further fall in revenue.[4]

We-Wish CubeSat

In 2012, Meisei Electric designed and built its first satellite, the We-Wish CubeSat. We-Wish, a miniature infrared monitoring satellite built using the standardised CubeSat architecture, was developed with the assistance of amateur radio operators, and its data was made available to Japanese high school students.[5] It was carried to orbit along with several other CubeSats aboard Japan's Kounotori 3 spacecraft in July 2012,[6] and was launched from the International Space Station on 4 October 2012.[5] The CubeSat destructively deorbited as intended on 11 March 2013, after over 150 days of successful operation.[5]

References

  1. ^ a b c d e "Meisei Electric". Forbes. July 2012. Retrieved 7 July 2013.
  2. ^ a b "Company Profile". Meisei Electric. 2015. Retrieved 3 September 2015.
  3. ^ a b "Meisei Electric Co. Ltd. Financials". Financial Times. 2014. Retrieved 21 October 2014.
  4. ^ a b "Meisei Electric Co Ltd (6709:Tokyo) - Financials". Bloomberg Businessweek. 31 March 2015. Retrieved 4 August 2015.
  5. ^ a b c "CubeSat "WE WISH" Re-entered Earth's Atmosphere". Meisei Electric. 12 March 2013. Retrieved 7 July 2013.
  6. ^ "Kounotori 3 HTV-3 (H-II Transfer Vehicle)". Space Newsfeed. 2012. Retrieved 7 July 2013.