AICHI ELECTRIC CO., LTD. is mainly engaged in the manufacture and sale of electric power equipment and rotating machines. The Company operates in two business segments. The Electric Power Equipment segment is engaged in the manufacture and sale of various transformers and switchboards, as well as the operation of power equipment works, and power generation, substation, transmission and communication-related works. The Rotating Machine segment is engaged in the manufacture and sale of small motors, such as hermitic motors; shutter openers, actuators and printed circuit boards (PCBs). As of March 31, 2014, the Company had 12 subsidiaries and two associated companies.