atect corporation【JP:4241】Stock Price

Atect operates the following business segments, with core technologies in resin property control and biological material management.

1. **Semiconductor Materials Business**: Atect manufactures and sells spacer tape, a protective material used in the mounting of information and electronic equipment components such as TAB tape and COF tape for flat panel displays, organic EL display-driving LSIs, and IC card LSIs. These products are sold directly to electronic component manufacturers.

2. **Hygiene Testing Materials Business**: Atect manufactures and sells reagents, culture media, and disposable containers such as petri dishes used to confirm microbial contamination during the manufacturing of food, pharmaceuticals, and cosmetics. These products are sold directly to food manufacturers, clinical testing companies, pharmaceutical companies, and hospitals.

3. **PIM Business**: PIM (Powder Injection Molding) is a forming technology using metal or ceramic powder. Using this technology, Atect can process cemented carbide metals and cemented ceramics into complex shapes. Applications are expected in automotive heat-resistant metals and high-performance heat-dissipation components made of ceramics.

4. **Other Business**: Atect also operates a real estate rental business. From December 2021, the company provided vacant factory space as rental space; however, the rental contract ended at the end of July 2024, and the space has since been utilized internally.

Atec has formulated a new management strategy called "VISION25/30" since June 2021 to respond to rapidly changing business conditions. This plan is a medium-term management strategy to realize the company's ideal image in ten years and continues under the new management structure that began in June 2022.

The basic policy of "VISION25/30" includes revenue expansion through the utilization of existing resources and the promotion of growth strategies through the introduction of four new products. In particular, new product launches across all business segments, including PIM products, are emphasized. Additionally, the company is restructuring its business portfolio through selective focus on growth businesses.

Atec aims to achieve consolidated net sales of at least 4 billion yen (target: 5 billion yen) and consolidated operating profit of 500 million yen with an operating profit margin of 10% by fiscal year 2025. This will strengthen financial soundness and enhance corporate value.

The company is advancing ESG management and aims to contribute to the achievement of the SDGs through its business activities. This will contribute to the realization of a sustainable society and fulfill the company's social responsibility.

To respond to changes in the management environment, Atec has identified as urgent priorities the rising costs of raw materials and energy, inventory trends in liquid crystal panels, and improvements in production efficiency and quality of PIM products. The company will address these challenges and work to enhance corporate value.

Atec operates three business segments: semiconductor materials, hygiene inspection equipment, and PIM business. The company continues to monitor market trends in each segment and works to minimize the impact on profits through efficiency improvements and appropriate pricing adjustments.