MEIKO INTRODUCTION

• Products

Chapter 2. History of Meiko

1. The 1970s

   Foundation of growth built by the arcade game boom

   In October 1974, current President & CEO Yuichiro Naya founded Meiko Denshi Kogyo Co., Ltd. (currently Meiko Electronics Co., Ltd.).
   Naya started pattern design and manufacture of through-hole PCBs
   in a modified cabin of about 33m² in his yard.
   He did all drilling work manually without NC machines, and outsourced plating work.
   In 1979, following the big boom of a shooting game called Space Invaders,
   Meiko rode this big wave and started growing rapidly by providing gaming PCBs.

   

2. The 1980s

   10th anniversary as a turning point

   New products were actively developed based on novel ideas such as multi-video processors.
   In 1982, Yamagata Meiko Denshi Co., Ltd. (currently Yamagata Meiko Electronics Co., Ltd.) was founded. In 1984, a site for the Fukushima factory was acquired. In 1985, Meiko celebrated its 10th anniversary without experiencing any setbacks.
   In the same year, however, Meiko recorded a financial deficit for the first time due to the rapid yen appreciation caused by the Plaza Accord.
   Meiko overcame this crisis by taking orders focusing on potential of automobile-related products.

   

3. The 1990s

   From Meiko Denshi Kogyo Co., Ltd. to Meiko Electronics Co., Ltd.

   Fukushima Factory started operations which had been postponed due to the rapid change in business conditions.
   In 1991, the company name was changed to the current one, Meiko Electronics Co., Ltd.
   In the same year, due to the continuous appreciation of the yen caused by the burst of bubble economy, the industry as a whole started shifting from work of craftsmanship
   to a device industry that requires a large amount of capital investment.
   In order to catch up with this trend, Meiko prepared mass-production systems at its Yamagata and Fukushima factories,
   and decided to operate in China to achieve stable management not affected by exchange fluctuations.

   

4. The 2000s

   Active expansion overseas

   In December 2000, Meiko listed its shares on the former JASDAQ Securities Exchange.
   In 2001, Meiko expanded overseas earlier than its competitors and completed the Guangzhou factory in China.
   In 2004, a mass-production base was acquired for highly multi-layer PCBs. The next year, the former Miyagi Meiko was founded
   and a production base was acquired for HDI PCBs. In 2006, Wuhan factory in China was completed.
   In 2008, Meiko achieved financial surplus
   despite the financial crisis caused by the subprime mortgage problem in the U.S.
   In 2009, the EMS factory in Vietnam started operations.
   In the same year, Meiko started its partnership with Germany-based Schweizer Electronic.

   

5. The 2010s

   Overcome the Great East Japan Earthquake

   In the Great East Japan Earthquake in 2011, the Miyagi factory was damaged by the tsunami,
   and the Fukushima factory was forced to suspend its operations due to the nuclear power plant accident.
   In the face of this difficulty, Meiko continued every effort to restart operations,
   and completed the recovery of the Fukushima factory in 2011 and the Ishinomaki branch factory (the former Miyagi factory) in 2013.
   Overseas, Meiko established a system to meet expanding demand for PCBs for
   smartphones by establishing two new mass-production factories in Vietnam.
   In 2015, Meiko started the solar power generation business by establishing
   Meiko Solar Park Fukushima, a solar power plant on the premises of the Fukushima factory.

   

• Contribution to the Next Generation

• CSR