Excel
Excel is a Tokyo-based Japanese distributor of integrated circuits and semiconductor devices, founded in 1961 and listed on the Tokyo Stock Exchange (TYO:7591), serving electronics manufacturers until its April 2026 merger with Kaga Device Co., Ltd.
- Company typePrivate
- Founded1961
- HeadquartersTokyo, Japan
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Excel does
Excel is a Japanese distributor of integrated circuits, semiconductor devices, and electronic component solutions serving electronics product manufacturers. Founded in 1961 and headquartered in Tokyo, the company operated as a public company listed on the Tokyo Stock Exchange (TYO:7591) with 101–250 employees, functioning as a specialized supply-chain intermediary between upstream chip manufacturers and downstream Japanese electronics OEMs. Its business model centered on semiconductor sourcing and distribution, a low-margin, volume-driven revenue stream dependent on franchise relationships with semiconductor suppliers and embedded relationships with electronics manufacturing customers.
In April 2026, Excel merged with Kaga Device Co., Ltd. (加賀デバイス株式会社), with Excel's web presence (excelweb.co.jp) consolidated into Kaga Device's site (kgdev.co.jp) and Excel ceasing to operate as a standalone entity. Alongside this corporate transition, Excel deployed a $500 million lead investment in MIND Robotics' Series B (May 2026), a humanoid industrial robotics company founded by Rivian's RJ Scaringe, signaling a strategic capital allocation pivot into frontier robotics adjacent to its semiconductor customer base. No proprietary AI, software, or technology platform is associated with Excel's core distribution business based on available data.
Excel firmographics
Firmographics- Name
- Excel
- Legal name
- 株式会社engel
- Website
- https://excelweb.co.jp
- Company type
- Private
- Founded year
- 1961
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Excel is a Tokyo-based Japanese distributor of integrated circuits and semiconductor devices, founded in 1961 and listed on the Tokyo Stock Exchange (TYO:7591), serving electronics manufacturers until its April 2026 merger with Kaga Device Co., Ltd.
- Ownership category
- akta.pro rank
Excel industry classification
Industry- Product category
- Semiconductor Distribution
- NAICS
- Semiconductor and Related Device Manufacturing (334413)
- SIC
- Semiconductors & Related Devices (3674)
- akta.pro primary industry
- High-Voltage, Power Discretes & Modules (IGBT/MOSFET/SiC/GaN) (HDAHAAAK)
Keywords
Where Excel is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Markets served
Excel business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales
Excel product offering
Product offeringCore offering
Excel Co., Ltd. (株式会社エクセル) supplied integrated circuits, semiconductor devices, and electronic product solutions. The Japanese corporation operated as an electronics components provider, distributing semiconductors and related components required by manufacturers of electronic products, until its April 1, 2026 merger with Kaga Device Co., Ltd.
Product overview
Office Scripts is a feature within Microsoft Excel that enables automation of repetitive workflows through recorded or manually written TypeScript scripts. The feature supports combining slicers, table data, and conditional logic to streamline Excel workflows without manual intervention. Note: The source data does not provide a comprehensive view of the full Excel product portfolio; this extraction is limited to the information available in the provided sources.
Differentiator
Problem solved
Functional benefit
Products and services
- Integrated circuits
Companies that use Excel
Customer profileIdeal customer profiles1 record
Excel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Excel partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights3 records
Excel competitors and assessment
Company assessmentDirect peers
- Tokyo Electron Device: Japanese semiconductor trading and design-in services company. Comparable to Excel in combining semiconductor distribution with technical/design-in support for OEM customers.
- Macnica Holdings: Largest Japanese independent semiconductor and electronic-component distributor. Highly comparable to Excel in product portfolio (ICs, semiconductors, solutions), customer base (Japanese OEMs), and business model.
- Ryosan Company: Long-standing Japanese semiconductor and electronic-component trading company. Comparable to Excel in scale, supplier relationships, and Japan-centric OEM customer base.
- Marubun Corporation: Japanese distributor specializing in semiconductors and electronic components, including industrial and communications end-markets. Closely comparable to Excel's distribution model and customer profile.
- Restar Corporation: Japanese semiconductor and electronic-component distributor serving industrial, automotive, and consumer OEMs. Directly comparable to Excel on product mix, customer profile, and distribution-led business model.
Regional players
- WT Microelectronics: Asian semiconductor distributor with strong Greater China and Southeast Asia presence. Comparable to Excel in line-card breadth and component distribution, but regionally distinct.
- WPG Holdings: Asia-Pacific semiconductor distributor headquartered in Taiwan. Comparable to Excel in distribution model and IC/semiconductor product focus, but operates in different Asia geographies.
Broad incumbents
- Arrow Electronics: Global semiconductor distribution major. Useful as a benchmark for what scaled global semiconductor distribution economics look like versus Excel's Japan-centric model.
- Avnet: Global semiconductor and electronic-component distributor with broad portfolio. Comparable to Excel at the business-model level, though substantially larger and globally diversified.
Others
- Kaga Electronics: Parent/affiliate of Kaga Device Co., Ltd., with which Excel merged in April 2026. Thematically tied as the surviving corporate parent and a closely adjacent Japanese electronics distributor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Excel social profiles
Digital presenceExcel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Excel leadership team
Management profileNumber of profiles
Excel funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Excel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Excel
What does Excel do?
Excel Co., Ltd. (株式会社エクセル) supplied integrated circuits, semiconductor devices, and electronic product solutions. The Japanese corporation operated as an electronics components provider, distributing semiconductors and related components required by manufacturers of electronic products, until its April 1, 2026 merger with Kaga Device Co., Ltd.
Is Excel a public or private company?
Excel is a private company. It is classified as public and is currently acquired.
When was Excel founded?
Excel was founded in 1961. It employs 101 to 250 people.
Where is Excel based?
Excel is headquartered in Tokyo, Japan, in the Asia region.
Who are Excel's main competitors?
Direct peers on record are Tokyo Electron Device, Macnica Holdings, Ryosan Company, Marubun Corporation and Restar Corporation. Regional players are WT Microelectronics and WPG Holdings. Broad incumbents are Arrow Electronics and Avnet. Kaga Electronics is listed as an others.
Does Excel have an API?
No public API is recorded for Excel.
What industry is Excel in?
Excel's product category is Semiconductor Distribution. Its primary akta.pro industry code is HDAHAAAK, High-Voltage, Power Discretes & Modules (IGBT/MOSFET/SiC/GaN). Its NAICS code is 334413 and its SIC code is 3674.