Significant Upside

+57%
Stock price upside
from Sep 25, 2026

We ask the Board to make three decisions:

1. Rigorously review SECOM’s governance, incentives and management, including whether current leadership is equipped for the task.

2. Consolidate S-1 and Taiwan SECOM. That would lift SECOM’s overseas share to 28%, and revenue and EBITDA by 31% and 28%.

3. Develop a new road map worthy of SECOM’s founding spirit.