Tsuzuki Denki 8157

Tsuzuki Denki is a midsize network and system integrator that suppliesinformation and communication systems and electronic devices mainly to corporatecustomers. In its core Information Network Solutions segment, the company operates the network integration (NI)business the system integration (SI) business and the service business. In its Electronic Devices segment, it sells products such as semiconductors and LCDpanels for automobile onboard information equipment to manufacturers.The company was founded as a distributor of Fuji Electric Mfg. Co.,Ltd. (currently Fuji Electric Co., Ltd. [TSE1: 6504] and Fujitsu Ltd. [TSE1:6702]) in 1932. It started out as a supplier of telephone switchboards forswitching stations to the former Ministry of Communications (predecessor of NipponTelegraph and Telephone Corporation [NTT; TSE1: 9432]). Fujitsu is thecompany’s second largest shareholder.